What is wrong with government borrowing?

[gosub]

And how many billions, or is it trillions, of US treasuries does the Federal Reserve hold?

Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level

View the total value of the assets of all Federal Reserve Banks as reported in the weekly balance sheet.

fred.stlouisfed.org

 

[LakieLady]

That said if they didn't have to pay for child and adult social care from the counties budget it would be fairer. People come retire to a place and suddenly somewhere they never paid for services before is on the hook for it. I've been involved in these contracts. One individual had such complex needs it took nearly £1m to meet the statutory requirements, for a year, yes they absolutely should have got everything. However underfunding councils then lumping them with huge expenses is just stupid. The fuck up of austerity when it made no sense and people voting with apparently no thought whatsoever.

Inadequate adult social care funding has adverse impacts for the NHS, too. Delays in getting assessments done and care packages in place are a massive cause of bedblocking where I live. In one case that I know of, it took 16 weeks. There are wards full of people who could go home if only they had the care packages they need.