Ep 20: Why Are Teachers STILL Striking?

0:00 Greedy Banks Incorporated hitter rip you off. How can I help? Okay, hi. Yeah, I'm just calling because I noticed recently that the base rates went to 5%, I'm trying to get a mortgage at the moment and I can't seem to find anything at 5%. There will be a lot higher. Okay, sir, let me just come in there. You're making the rookie error of thinking that the bank of England interest rate has anything to do with mortgages at all. It doesn't, it's just a handy guide for others Banks to set the rate to exactly where we want. So, if you're looking at a 5% bank rate, you're going to be looking at a mortgage of a roughly six point five percent. That's a good six point, okay? So sorry I'm just failing to understand here. What does the base rate do? Yeah, yeah, that's right. That the base rate. There is just a handy guide for US Banks to set, mortgage rate exactly where we want. You need to think about mortgage rates as something separate to the bank of England base rate, think of that, maybe, as more of your interest of what you could.

0:50 But going back to mortgages, you're going to actually want a rate of roughly six point five percent because, you know, we need to make some money for our shareholders. Okay. So the rates have been seeing a right, okay. Well, I've Quite a large deposit of money. At the moment I was thinking of paying off the mortgage. I think what I'll do then is try to benefit benefit from some of those interest rates. Can I deposit some money and receive the 5% interest rate myself? You can absolutely deposit some money but you cannot access the 5% base rate because like I said, so that is just a guide for US Banks. What we tend to do is pass on those but interest rate hikes very quickly when it comes to mortgages. But we do kite tend to lag behind a few months when it comes to passing on those interest rate savings because like I said, it's our prerogative sir and we're here to rip you off. So So if I'm looking right here you can access a savings rate that roughly 3.5 percent.

1:34 How does that sound? What three but sorry. I'm just really really misunderstanding the point of the base rate. So if if the base rate gives me a higher mortgage rise and lower interest rates, I'm not benefiting either. That's right. No, absolutely not. We benefit as a whole. Okay. Thank you, sir. All right, by I'll put you down for both of those products by know. Dylan, I'm going to do the introduction this week because I want to do an impression of you. Hopefully, the viewers will enjoy, you ready? This is, this is you. Hello everybody. Welcome to the next episode of CH late repeat. you always see that you always do this, you gotta lie clean, you look for head your way through the podcast, like, If I did it, I'd be, I'd be ridiculed for being Megamind because she you got that like nice hair but your real ridiculed for being Megamind. Anyway, don't worry about it intro, different one. Hello everybody Dylan here, just about see me. Yeah, you do.

2:37 Okay, I need to go back and watch that again because I've obviously I never I never realized that I do that. Anyway. Hey everybody, welcome back to another episode of Assisi repeat. My name is Dylan. My name is Hayden. Anyone listening to the audio right now is They get what they want these people talking about. Just so you know, if you've got Spotify, you can actually watch us do this podcast as well. The numbers are, you know scarily growing Hayden on the video watching in general, the huge percentage of people on Spotify do actually watch this. And so I'm going to stop and I'm going to kind of you know just hold back my insults because they're a huge part of our basic minutes. So if you're watching well, then you and I definitely don't think that's weird. So thank you.

3:18 No longer creates not gonna call them creeps anymore. I think what I'm going to do is that Politics move of just not call them anything. Yes. Then I don't have to say I don't you know, maybe I still think that maybe I don't. Who knows I've not said anything, not denying it, not saying it. Yeah, that's fair. And just on that point, I think Hayden on a very serious point in general. We are very excited at me because in the last couple of weeks, our numbers have just genuinely boomed. Double got so many followers, doubled, followers and more than doubled listens, and that tells me one thing. You're not following those of you listening. So make sure you follow as make sure you give us a review, the Visa peeking up as well. Now, I know, we keep asking for them, but guys, I care more right now, but say hello to you. If you're a new listener and get in touch with us because we love to hear from you. So, if you're enjoying this podcast, please do let us know, via all the usual methods where that's answer your question, on our Spotify.

4:08 Whether that's finding, as an Instagram, it teach, sleep, repeat podcast with that Siege. Emailing us at teach to your Peak POD at gmail.com. Well, that's tweeting us at teach Sr podcast. You'll get to know all of these very soon. Can I just say, I tell you what you need to do right now because we take it. We say all the time but doesn't happen. Much is you need to pause this podcast right ass in the funniest story. You can think of your teaching career or just generally maybe you're not a teacher and it's just a funny story. Make us laugh. We want to share it. We like laughing you like laughing right to us. Do it. Do it guys because we want to hear from you but you're not here to hear us talk about saying, thank you to you. You're here for us to dive in to our usual business. So Hayden as ever. How has your week been my pal? I have my pal. I have been looking forward to.

4:51 You asking me this question because I really want to share a story, but it on behalf of both of us, you know, this story because you were there and I really wanted to share with the viewers and listeners. Okay, I'm really looking forward to it. It was a week ago that Dylan and I are Partners. We went for lunch, local place and we like to go to and it's right by the Sea and they've got this lovely balcony that you can go and see on. We sat inside that day, it was very hot, but other people, worse out there and this is, this is so funny. So you know what seagulls are like if you live near the coast, they are ruthless, they. Well, I've been, I've had a seagull flying to be before and still while I Out of my hand, I was talking into my chest, like they are ruthless Relentless and surprised, it didn't think that your whole head was just an egg. You can go for it. Landed on it thinking, it's gonna start nesting like, it's gonna start looking after and then it was saw an ice cream. Just you just stole it from me.

5:38 Anyway, back to the story, right? So this these two ladies were eating outside our table for two and they'd for whatever reason left their table. I don't know what they were doing, but they just weren't there and their food will still there. You know what's coming, right? A seagull came down, landed on the table. I must have it a field that time, it was just literally just on their plates. Stepping through their food, eating their food, and they came back and they were like, oh, like horrified, like, oh, okay lead, what didn't have the confidence to go and like shoo it away. And there's this other lady sat next to it. This older lady just like just videoing it legit and leaning over not helping just videoing. And the best part was when they are sigar eventually went away because the waitress came out and shoot it off.

6:21 The two ladies who are horrified sort of standing there like That was like, that was awesome. That was our food. And should we say, can we get something? Yeah, we ask the people feel like it should the waitress, but I'm so sorry about that. Like you obviously, you can't leave your food because of, you know, whatever. And she just said, are you finished? They were just like, yeah, of course, of course, when finished and she just took my face and walked back inside of court. Or do you mean? Are they finished? Of course they are. And obviously, So funny, it's embarrassing. It's that they're the table, like really close to them. Try not to die.

7:03 From laughter that misery. I want it. The, the fact, one of the funniest parts of me was that older older woman, who looks down the table next to them because she did just have her phone out. She had like, a full on Canon camera like a free. Professional. Big big. And she even said, she didn't even just do it should. Oh, do you mind if I just put this massive I'm route. Imagine what it just finish your dinner and someone that just documenting a seagull absolutely bombing into it. Very funny moment. I very funny moment highlight of my week. Other than that, you know, standard week. What about you? Yeah. Decent it was a standard week nor week at time times 6 is just busy, everyone's talking about it online. Everyone knows it, there's just so much to cram in. You're trying to finish the curriculum, I saw a tweet again. It was just from someone who mentioned the fact that it's such still a stigma of summer term, 6 or time to whatever you want to call it in summer where, I think a lot of people even teachers still thing.

8:00 Oh, it's an easy ride. Never is, it's the most intense week ever. But in general this week, we had to rearrange, our some affair because of the bad weather. That was another thing on the comment that we supposed to do. But there was just one thing that did stick out to me this week that really, really, really just baby laughs. And it's something I'm going to do this week for the in the future podcast where we can do another little bit about it because it was simply a kid's joke and we all know it. We both know as teachers that kids jokes are hilarious, but not always, because they're hilarious jokes, but this one really kind of sad With me for a bit because I thought it was rubbish. And then I thought about it and I went, oh no wait I stood suddenly understood it and it was so bad that it was good. So I want to tell you. This joke told me this week that she started off by saying, I can't tell you a joke. I was like, okay, go on.

8:45 It was the morning. When they just coming in putting their coats away to get in there, quite repairing, your fake laugh. Yeah, yeah. I'm thinking to myself. Okay. Okay. This child, you know, I'm kind of scanning the child every time. Well, this child react does. This child want me to laughs? Well this child, enjoy me telling them how bad their Joker's or trying to think how to get there. Reaction up. Yeah, and for this chart I stick it out. Okay. I'm gonna I'm gonna I'm gonna definitely pretend that this is funny which plays into the story. So she goes, okay, I made this up myself. That's okay, no problem and Shawn. Okay, what do you call a camel that likes ham? And I don't know. I changed it. No. And I'd like my mind. I wasn't making this morning so don't know what you call it Hamill, right? So I continue.

9:28 I start off with my fake laugh. I go. Huh? Yeah, good one. Didn't remotely make the link at all. That it has the word cam. It it could be quite easily goes down. Anyway, she walks off and I realized this when she's halfway back to her seat and then I do my real laugh, I like her. And she's like, what? And I was like, I just got your joke and she kind of looked like what is it, was the first laughs? It was just so funny. I'm struggling to understand what you didn't get when she said, Hamill, did you not tell me about it? No, no, I heard the word ham but I thought she just done something like she may as well. Have said, to me, what's an elf? What would you call? An elephant that likes ham and she goes Hammer front. Like I didn't get the link that Camel already add something that sounds like Hammond it. Oh, the rhyme, right.

10:14 Yeah. So she could have said, what do you call a dog that likes ham and just ham? Like, I had another kid. There's it just a classic joke and you'll probably remember the main joke, this comes from, but he'd obviously heard it and read. hold it really poorly and this He went. What did one wave? Say to the other wave. Tonight. Nothing just waved God. That's not the joke. Mate. Yeah, that's not the joke. That's what did the see say to the beach? Nothing. Just wait. What is the wave say to the way it waived?

10:55 You probably heard that Jackie thought I can think of my own one. Now. Unique version of this joke. Brilliant. So yeah. In general, my week was pretty normal. I wrote that down because it made me laugh. And yeah, I think we're just kind of I do about you Hayden. I'm exhausted. I feel like I'm on my last legs in school whenever I finish a school day it just feels very intense. If there's no wind down at all that about you and yes, it is exactly the same. I said, yes. Yes, those my colleagues. I was like, I feel like there's always three things to do and I have to pick one of them because I just can't do all of the things is. Yeah, it's quite stressful as this same colleague was saying, yeah, I worked till 9:45 again last night and I have that every single day this week, just starting stuff and it's just it's a weird one. Because when you ask I feel like I'd always struggle. If you said to me a call, tell me a right down. On paper, all the things you're doing are different. I'd always be like, I don't really know. But in the moment you can always think of loads. Like she was saying like, yeah last night I just a secondary school, email, me and needed.

11:49 A bunch of transition notes for a couple of kids but they forgot to do earlier as I add as an annoying job is now and I'll but that's the only one but then another day at the next day there's always something else. Like oh yeah some Affairs be rearranged I've got to do this now is change what we're doing okay that's that thing right here and it does build up and I do feel bad like certain certain members of Staff always seem to Call the flag of I doing all these extra. Yeah, it's pretty rubbish but I tell you I think the heat is just. It's the killer, you know, like as much. I'm really enjoying it. By the way, I'm not those people. I'm trying not to let people that like moan about the rain. The mud about the heat. I actually thoroughly enjoy summer so much more than that. Any other part of the year? But some days when it's ridiculously hot. Oh man, it just like, I'm I just get so much more exhausted by the end of the day. I just want to flop because I think I think it's just the heat.

12:34 I think it's fair enough to say that you can enjoy the sunshine and the heat but not while You're working in a stuffy classroom of 30 for people like that as a very different thing isn't it? So you don't you're not, you're not a hypocrite. If you say Oh I thought you liked the heat. Don't you like being in a sweaty classroom which prepubescent children but for a whole day no, not really because it's not the most enjoyable thing. Is it not the nicest smell. There is a distinct smell of your six. I'm just going to say, you know, everyone always says that, you know, the children are getting older. Now it's a bit as of. There's more body mass in the, in the room. It gets a little bit stinky. Although you can't, you don't notice it. When you're in your sex, I will say. So only other only whenever adults come in they go course Dixon. And I'm like, does it? It's just me then. Yeah. And I see this when you slowly realize that in fact it is just you simple children because that was they've been awful day, Hayden, I'm here.

13:22 Actually since that day, i-i've just speak it back. Now to that introduction, we did around the bank of inter are Bank of England. Interest rates that idea because that is the main theme of this episode. So I'm thinking potentially we could take a quick break maybe chat about it, and And then we could dive into this whole episode which does surround the fact that teachers are still striking and how the cost of living impact is cost of living, is having an impact on this profession and we're going to try and explore that in detail. How does that sound? Yeah. Sweet. Let's get to it. So ask it at the start of this episode was kind of born out of our own personal experience, wasn't it? Because it's this idea of everyone, it has been watching the news for the last 12 months.

14:04 13 months, interest rates going up every single month. It's gone from about 1.5 something like 1.5 percent is now five percent and the idea of how that's affecting people in their everyday lives and the government say is the line that is trying to curb inflation. Sure. But it's going to have much shorter impact short-term impact on certain things and it was this really Idea wasn't heydon't that you are currently going through the process of trying to get your remortgage application in because you're fixed time, it's coming to an end at possibly. And I'm just going to say it's going to annoy you. I'm sure the most annoying time Posse ever forget to genuinely like for the last 12 months, I have been literally waiting thinking. I know what's gonna happen. This is going to keep going up, just in time for me to remortgage and I'm going to remortgage at a horrible rate and pay considerably more a month just for the privilege of continuing, my mortgage, you know, and I get it.

14:54 Boo. Who like, you know, interest rates change all the time. People are constantly paying more or less as it fluctuates. So whatever, but the thing that annoyed me as someone, maybe who just doesn't know loads about how the base rate works. I just kind of expected that base rate to be relevant in any way. And it just kind of isn't in terms of the actual number. Like, the relevance, I guess, is the fact that it's going up, that's the relevance, but the actual number just annoy me because I went to remortgage and I just literally last week had that had the meeting about ramoji and I was expecting five percent and we're looking at all these fixed terms and they were between like, 5.3 and 96%. I'm like, what, what, why are they already considerably higher than than the base rate?

15:35 I don't get it. Yeah, it did. This is the thing we and we kind of like try to have a joke about this. In the start it is different. What what mortgage rates are in our calculated off its off more long-term swaps and bonds and things like that. So that interest rate is today, okay? Now what they tend to do for mortgages is make a prediction. Ian for the future because it's such a long term loan, right? Hmm. I'm not gonna pretend to know the ins and outs of it but it's not just a simple case of look at the base rate that's your mortgage rate. They'll make almost like a prediction to cover themselves. So the fact that mortgage rates are higher and they tend to be higher as well just for the bank's profit margin I suppose but also the fact that the fact it's higher is them kind of hedging their bets that it still has a bit of wiggle room to go up in the future and then the banks don't get caught short on these ridiculously low loans which they will have.

16:20 If anyone has fixed for 5 to 10 years in the last couple years, the banks now have to provide Those loans are really, really low, right? So there is, there is reasoning behind it, but it's still frustrating, right? When you go to your broker and you think, wow, I've done nothing. I've done. Absolutely nothing. I've met every single hotel. If I mortgage, but now it's hundreds of pounds extra because of such a steep increase. I think, that's the thing, how steep it's being. Yeah. Well, my people people, I think it's so easy to misunderstand, like the percentages and things like that. Write it in terms of numbers, as numbers stand hearing like 2.5 go out, going up to 5%, it's That's not, I'm actually still a very low number and because percentages go up to 100 and what you really have to realize that is proportionally.

17:00 If you got, it is exactly what happened to me by the way. So I was on a two point, five percent, fixed mortgage and now I'm going to go on to like a 5 point something percent. It's more than doubled. That means the interest that I pay on my mortgage is more than doubling and that's hundreds of pounds of my mortgage. Now, if I kept at the same term that I was on, in terms of the years, left to repay, my mortgage would go up by 400 pounds a month. Which is no, Joe. That's that's not just like a an amount that people just go. Oh yeah. Okay, I'll just stop having, you know, I'll stop having lunch every other week out with my mates and save that 400 quid like no. I'm sorry. But the average person, I don't think the average person in our sort of position is spending 400 pounds on something that's like such a luxury. They can just drop every every month. It's just that if that's a huge, that's a significant amount of money to go up, but just are just because and, and the two things I thought were really interesting were number one. The longer you went in terms of a fixed term for one. So the first time the cheaper it was so typically if you want to fix for a long period of time, you pay a slightly increased rate because you're paying the premium for knowing that your your percentage is going to be the same for the next look like, you know, 5 years, 10 years or whatever is here is a security thing.

18:12 So you pay a slightly higher percentage, but you at least, you know, it's fixed for the next 10 years. But now what they're doing is the longer you'll fix for the cheaper is which the Brokers are speaking to Who's a good friend of yours James was saying that that's probably an indicator that the actually. Yeah, maybe maybe the percentage rates are quite high right now and they probably going to come down. So if they can fix you in for a longer period of time, then they will because they probably going to be lower in seven years, you know, that kind of thing. So that was a that was a little bit promising but the thing I thought was really crazy, right was I was like, okay maybe they are just really high right now and they want to get people fixed in, whatever it. So that's why it's a bit higher than the base rate, but the base rate itself, He is five percent so maybe if I go on a variable one and I just and I just ride the wave of the base rate, maybe that will be a bit lower and you're just paying for that gamble of like, where's it going? To be looked at the variable variable rate. Would you reckon?

19:06 It's I've seen it before. It's something like Bank of England base rate and then in Brackets plus 1% or something cute about it was it was honestly on average about 7 to 8 percent. If you want to jump on a variable variable rate for your mortgage said, like what that is an insane amount that would triple my, that'd be another 400 pounds a month, just to sit on the variable rate for a bit. So you have to fix your absolutely bottleneck to nail into fiction mortgage or don't have one. That's it. There's no choice anymore. So I ended up fixing for two years in the hope that. In two years they will have reduced a little bit. Yes. The nation's down to like three or four percent but yeah. Mad mad time and I know that for you it's interesting because they're stuck there that side of the coin in a way for you, I know you've got a mortgage as well, but you've also been interested in putting your money into an account because I know we'll talk about another episode but you you went on, who was the villain are saving on.

20:01 Doesn't know that he did. And who has, Who Wants To Be A Millionaire, a couple of years ago, and one a decent chunk of money, which is awesome. And you are very sensible of that money. I thought I'm going to put it in an account. You try to accrue some interest. And from your point of view you, I know that you are thinking, oh, this is a great thing, because at least the Bates rate going up means, I will get more interest and the cash that I have. But what, you know, what's your experience been with that? Well, it's frustrating. Because if you think back to when I won the money, it was in 2020. Okay so I want to lump sum of money and back then the interest rate was a literally at 0.1%. Sent after covid. They worked it down to basically nothing. So the point being at that point me saving that money, although sensible, because even though it's frustrating, I didn't feel like I was getting much interest from it. I didn't want to feel like I had to spend it. In that case, I didn't like the argument of all you got make the most of it because it will just get eaten Away by inflation. I was like yeah but I get that.

20:50 But at least at the minute I'm not just wasting it for no reason. So it. Yeah, you're right. The last 12 months, as interest rates have crept up. I've thought I actually, you know, I can get a decent amount every month for this in the same way that People borrowing a lump sum for a mortgage are paying hundreds of pounds extra because of the airway interest works. I thought to myself. Or in that case, if I flip it, I can be paid. Hundreds of pounds from the banks for the interest on my capital, in fact, that they're basically borrowing it from me. So they can invest it how they like and they pay me Interest, which is supposed to be hot cakes, right? Yeah, exactly. I feel, that's cool. No problem. And the way that I know, I understand more and people can be very condescending or the banks, especially can be very like, all you don't understand how mortgage rates works on. Don't look at the interest rates at one time, Meant to look at them. Sorry.

21:33 Oh it's the long-term bonds and swaps and things. Okay, fine, I can accept that whatever, but then when you flip it, the bank's, the day after interest rates go up the day after they will withdraw, mortgage deals and put new ones out that go up by certain amount. They will take months to pass that on, no, to any savings account, and that's what's really frustrating. Because, as soon as that base rate goes up by not point five percent, you'll see mortgage rates up on 0.5 percent. Within within three days, savings rates, or we've got to have to do a switch. To really think about how we pass this on to you guys as customers. And I saw this very condescending article from one of the leads of the bank's. I think it was Nationwide a Barclays. I don't know. So if you're listening Nationwide about please man I'm sorry if it was me but it was one of them and he basically said what customers are telling us is that they don't want interest rates going up and they're easy access, they want ways of being able to be encouraged to save more and that's through it not being easy access and through it being not to I'm like I'm sorry shut up. How about you just Offer the interest rate and let the customers decide what it is that they want. Because I tell you now easy access to their savings is vital and a cost of living and the only way cost of in crisis and the only way that you can get interest rates close to the five percent is if you lock away your money for years and you can't touch it.

22:48 If you want an instant access, which means you can dip in when times get tough, which they currently are, you're looking at still between three and four percent which is a massive dip on this in Bank of England interest rate and it makes me think what is that interest rate for? It's much lower for savings and much higher for mortgage rates. The banks are laughing. They are absolutely laughing at you and trying to tell you that's not what you want, silly person. We know what you want with your money and it's much less of it and and if you want more of it then it's ours for five years and that's what you want. It's the same as politicians. We know what people want. We know and it's invariably worse, it's ridiculous. And before we move on to, like, talkin about strikes and I can't the whole like public sector and And we're all that sort of stuff. We've got planned.

23:33 I really just want a moment for a minute. Okay, about about this a bit more because I recently had a conversation with someone in person not to, I wasn't gonna keep a worry for once and we're is a civil conversation. It was just about like mortgages because obviously, I was across that I'm getting a mortgage on a much, higher rate now and they're kind of go to us. Yeah, well look how it's not that bad, you know, they've always been around like three to five percent. You should have been around in the 70s and the late 70s 1979 to T they spiked at 15% and it's that classic argument. I've heard it so many times, I just, I just, I roll now and I just want to talk about it for a minute, because I've sat there and done the research, and I've listened to other people who have also done the same sort of research, just confirming this exact same thing.

24:17 And I am going to say to you right now, listeners and viewers that, if you've got a mortgage right now on 5.5% and you're just an average person and an average house, okay? If we're just taking the average, it is worse than the average person. The average house in 89 for the two months that it peaked to 17%. It's worse and I can prove it to you. Okay. Because back then in 1979 it was like it was like the end of right at the end. Like November time was when the average mortgage interest rate, peaked at 17 percent and then it dropped back down to like 14, 15 percent, which is still obviously horrendous. And if that was the percentage is now we'd all be going. We'd all be out of our homes because we just simply couldn't afford it. But the difference is, in the important comparison to make here and I We want to get this across is that it the number alone does not equal bad or good. 15% isn't inherently worse than five point five percent.

25:11 Which is where we're at right now because it depends on how much you're earning and how much you borrowed. That's what that's the important thing. So here are some stats for you. Dylan just going to check them out. You can pretend to care as much as you want. So now you Hayden this is the thing I care the most about is Injustice on economics and stuff. So hit me and make my blood pressure guy. I know No, I just wanted you to say that for me. So, back in 1979, right? The average house, the average house price was 18.5, K 18,500. The average. This is sounds. It sounds mad. We just stop there. I know, I know, and that's nice. It doesn't feel like that long ago. That's 90. That's the end of 1979, right at the end of 1979 18,500 for your average house in the UK, the average salary.

25:55 Now, this was a hard start to get, and I've, and it's, and it will make a slight difference to the comparison because I could only The average salary of a man because they didn't take household income data. Then they, they very much separated it, men and women, but they didn't have the average household income, which is what we have now and we can use. But if we think about culture and the way things were back then, it was more common that there was one income coming into a house and it was quite often than a man's income coming into the house and running the house, right? So what you're saying here, if anything that this number for the household would be bigger. Yeah, their form exactly that with the easier in the 70s. So, exactly. I think this is a worst-case scenario for 70. Yeah, precisely that. So this is based off just one person's income. Now if you were in a household where where both parents worked or whatever, what you know, whatever the family situation was then the number would be even easier to manage. This is based on one single man's income. Right?

26:49 Of the average salary was about five thousand seven hundred pounds. So, what that works out is on the app, so on the average, mortgage, okay, on an 18,500. House and you're earning, the average salary of five thousand seven hundred pounds, approximately 46 percent of your monthly wage would go directly to paying off your mortgage. Okay. Okay, so that's that's the most important stat 46 percent and that is at 17% I just add that is at the worst, the worst of all possible peak time. If that continued every month, you'd be paying 40% of them, man's salary towards it. But back then, fixed mortgages were way more rare. So actually that hit would just have been 42. Two months.

27:32 It's not like you where you've got to fix. Now. For two years at this High rate for 24 months, there's this it this would be a lot of people on the variable rate, they'd hit it for two months and kind of write it. Exactly that people that everyone was affected by this. People didn't just get to skip it because I had to fix rate. Everyone was on it almost. So now let's look at now. All right, the average house price and bear in mind all these figures guys are very rough and they are Loosely Based on data. Some of the data is from like four or five months ago, where it hasn't been updated. So, just take it the pinch of salt, but it gives you an idea. So the average house price Roughly in the UK is about two hundred, eighty five thousand pounds. It was a little bit higher, a few months ago and it's come down a tiny bit. And again, looking at the mortgage rates based on, literally this week, you're looking at five point five if you want to fix for two to three years. Okay.

28:17 A little merman. Yeah. Basically, Minimus 5.5%. If you've only got a 10% deposit. Those rates rocket. So, yeah, because we have equity in our house. So actually, the I think it's like the average is about six now, it's even higher. Yeah, when I was looking at the whole list of noise, I could get they were very Quickly in the 60s and only a few deals are in the fires, but I obviously got a five. So I'm being, I'm being modest. I'm giving you the best possible deal. You can get right now is about 5.5 percent. The average household income in the UK, according to Google is 33,000 pounds. Okay, household household income. Yeah, I thought that was remarkably low. They said, the average household income is 33,000 pounds. Mmm, okay. Now doing the same percentages, same maps that would equal approximately 48. Percent of the average household incomes coming in going directly on mortgage payments at the 5.5% rate. And I thought was really interesting because that is almost identical to what it would have been like if you're in 1979 and your average how and your household income was just the man's income, Paying the worst percentage rates you've ever seen in UK history and it's actually technically slightly higher right now.

29:28 And that's based on two people earning in the house. In fact, that's not necessarily based on that. Because it is the average household income of that, average would obviously include some people having like dual income and some people shop, okay? I just, I don't know, and I just want to put that argument to bed now, because I'm sick of hearing it right after that is just as bad right now, as as it has ever been in the history of the UK. So if you hear someone say, So it's not 17-percent say to them. Yeah, well your house prices were a third of what they are now proportionately so it doesn't need your house cost a shoelace and a button. No. Actually, it cost 18 thousand five hundred pounds of quite substantial. Yeah. And I'm not saying it wasn't tough for them back then because clearly it was about the same as it was now, in terms of how how tough is got. But, but for two months because no one had a fixed rate, and then it kind of came down again, it did, it did come down it, did you know, it was me 60.

30:20 Yeah. You'll be fixing this for two years and even if the rate comes down, your fixed for two years. Because if you are on the variable rate, like they were, you're now looking at a person like you said earlier, 7 or 8%. If we actually compare variable rate to variable rate, it's much worse right now. Typically worse, considerably worse. So you know what? If you are listening to this and you're thinking times really tough right now, but I keep being told to suck it up by the government and all the people that lived through the 70s because we managed to do it, I was going to swear, then I'm not going to swear because I'm not dealin. I don't do that on the podcast, but seriously, like, just just take it is tough right now, is a cost-of-living crisis and the in it is a crisis. Like, it's really, really, really hard to Have that what I would say, the base basic necessities of life right now. Shelter and food are ridiculously expensive and they are taking up a huge chunk of the average person's income. And that's the really important thing. It's a really, it's not luxurious things that are being hit.

31:18 It's this things that the people with the most poverty in this country, spend all of their money on. So as soon as food and shelter are hit in such a ridiculous way for inflation and through, Rates going up. They are the ones that actually run out of money. The quickest. I'm just going to read something really quickly here from Russia soon, act. Okay. Because this is exactly what he said at the weekend, when asked by BBC reporter. You know, basically laid out to what you said, hundreds and hundreds of pounds extra on mortgages and hundreds of hundreds of pounds extra in the last 12 months, through inflationary prices of food, Etc. So much worse position. His answer was this, we've got to hold our nerve stick to the plan and we will get through this. What?

32:02 Okay, cheers mate. Okay sorry. I'm hundreds of, I'm hundreds and hundreds of pounds worth of it. We've got to hold on. We inflation is the enemy. What do you mean? We? Yeah. What do you mean? We millionaire? We've got to just like sipping is like really expensive wine on his policy in one of his home. He's literally sat. Yeah, he said, she sat in a Gucci suit, we've got to hold our nerve. He might as well turn to the camera and put his middle finger up to me when I when I watch that. Yeah, get in the back. Yeah, I said to you, I'm absolutely Fine. You're in the most dire position ever. You've just got to stick it out, you know. Well, funny enough. I'm my on my phone. I've got your. Yeah, I got a tweet from you and I wanted it, I wanted to review and it's Atlanta. This okay, so hopefully you know, as he's mentioned, our socialist lll, instill is really trying to push our Twitter at the moment so I really appreciate any follows on there and, you know, retweets and likes and things because we're trying to build a bit of an audience on there and it has been amazing and has been tweeting.

32:54 Lots and getting involved. But sweet was Sky News this week and Dylan's. I just want to read your reply. Sounds good site to make because it's kind you said British prime minister RI Su Knack has hinted, he will ignore recommendations for public sector. Pay Rises saying workers need to recognize the economic context. Wherein let the same sort of comment, like, condescending, crap, and you just said, well what's the point in the reports then absolutely wasting taxpayer money to generate a report? You've already decided you'll ignore wasted money in the hope that the independent review bodies would back the choice. You've already made cowardly leadership, Russia soon. Jack pop up on my phone and I was like, there's a spirit, there's the keyboard Warrior that. I know I am coming out until really crappy. Listen, you've got to punch up and there's no one further up than that guy, and it winds me up. And I'm gonna go on one now because it really does really wind me up because it reminds me of that, the behavior of children, who, I teach, when you, when you're younger, you remember, we've got siblings, we've got siblings. You'd be having an argument behind your siblings and your And so would walk through it, you don't, you think that we should be allowed to have an extra day of school? And if the person agrees with you, you like see, he said it, he suddenly the beacon of absolute reason, because he said if I'm right, but if that same person walked through went no, actually, I don't think.

34:18 That's right. You got over it doesn't matter what you think anyway, and you go to the next person. Yeah. You keep going around the room and then as soon as one person agrees with you or that one person, see their opinions really am. And now I'm correct. It's the same thing. What is the point in this Str be report? I want to talk. You Hayden I want to I want to play you a clip if you don't mind. Yeah. And this this really peaked my interest it really piqued my interest so it's Gillian Keegan she was talking a couple of months ago and this is when kind of came to kind of a gridlock with the unions. Okay. And it's to do the Str BRB report because the just you all know guys. Jillian Keegan is the education secretary. So she's in charge of Education in this country and she is the one who is supposed to be in negotiations, with the unions. But it's been, you know, hitting a brick, like hitting myself against a brick wall. I don't know the saying is Things do a brick wall and, and doing something repeatedly are not getting anything out of it. That's just like that.

35:06 So Jillian Keegan did an interview with ITV News and it's really interesting to hear what she said. Referencing the Str Str be reports. So Hayden. I want to play it to you and then maybe dissecting to it afterwards. Okay. Yeah. It sounds good. Okay, here's Jillian. Keegan, I've already given my evidence to the independent payment view body. I think all the unions are doing that as well. They also take into account economic factors. So it's with the pay review body night, you're not talking to the union. And well, I mean I talked to them but we're not having negotiations promise is wrong to say that your door is open. Well, we, you know, we are our door is always open. But right now, when it's not, if you're sending them to the peer review, well, that's the process that we're in place.

35:46 So, you know, it seems make, it makes sense. Now, that we both, you know, sort of put our evidence in and then an independent person, looks at all of that and then, we'll come up with their recommendations so Hayden. And what your gut reaction before I go into the points, I want to make after watching that. So I feel like you're gonna know a lot more than me, but Just because I haven't seen that before, but I just, what was she talking about with her? Our door is always open but it's closed right now. I did that bit. Just I was smiling thinking. Clearly, this is what Dylan's gonna take the mick out of here. I did it. You know, example to it, there is interested. That's something that I kind of wanted to play in the middle. But it's also either side for me. So I'll address that open door thing to me. That's just classic politics, isn't it? Classic politics where you've got? Lots of moving Parts, you know, she's the education, secretary, the Prime Minister might been in an interview that morning and she hasn't even seen the interview yet and this Messaging where they're just clearly trained to bat off.

36:35 Any kind of, you know, questioning that you could possibly have. And it was just hilarious me to watch her, look down at the ground. As if to say I don't know what to say now because I just want to fix the Prime Minister and see how so you have flat foot would go about it. But the bet I wanted to dive into, maybe I can kind of uncover this a bit for you. Here was her Reliance on the Str Str be report. So for anyone who doesn't know the Str be report is a teacher. A paper is a teacher review, pay body. Okay, it's completely independent. Of the government. And every year, they'll release what they think is a suitable pay rise for teachers. Now last year, Jillian, Keegan came into office. I think it was it would be in October time, November time after the the list, trust pallava.

37:17 And she implemented, what was a 5% increase last year for the Str be report? Yes, it was it was recommended and she implemented it all good. Okay? And at the time she was talking about how, how good the Str be process is And and in that video, you heard at the start saying, well, look teachers have rejected 4.5%. Okay. And her line at the time was. So now when the Str be report comes in, it's down to that teachers and it was kind of this condescending tone of, well, you've not taken the 4.5%. So it's down to the independent report now, and if that's worse, then that so be it. And that's kind of the line. They were taking turns out. The stre report has been in their desk for a few months now and it's a recommendation of 6.5%.

38:00 Yep. So I I think it's interesting watching that video before they need this was leaked of her saying what? It's 50 Str be. Now, I've submitted my evidence and I think any you will submit their evidence and lots of people submit their evidence and what she said, was it takes into account economic factors. Now, I'm pretty sure. That means that it takes into account, the inflationary figures, it takes into account, the macro-level figures. It takes into account the interest rate figures and the independent Review Board of listen to all of the evidence and have come back with a suggestion of 6.5%. Now What is cowardly, pathetic, and awful is now that number one, they've not published a review since. Now, I'll give them the Jews. The Str be report is usually published at the end of July, okay? In the last few years since about 2018 that has been when it's been published, I would argue that the situation slightly different.

38:50 Now, in terms of strike action for the last six, seven, eight months so maybe do push it forward as soon as possible to kind of try and resolve it and show that you're serious about doing that. No they're not. They're going to push it back. And now as time Eeks towards that publication date. It seems as if they're going to reject it and I think it's hypocritical, I think it's cowardly. I think that they flip-flop based on whatever they want to do at the time and it frustrates, me Hayden that I feel like the public sector are the ones bearing. The burden for this crisis because not only, of course, everyone has the inflationary shock of everything going up. But if you look at average pay rises in the public sector, in the private sector, you looking at between seven and eight percent public sector.

39:31 There will be Offered four percent they're going to reject 6%. Why are we the ones that have to bear this brunt and listen to Russia sooner? Tell us down the camera as a billionaire that we just have to suck it up. Why? But look, someone said to me recently and you know, way more about this than me. So I am genuinely genuinely just kind of rely on you to like help me understand some of this right to things. Someone said to me recently someone a lot older said look, it is what it is. Inflation will continue to go up if we keep offering huge, pay Rises to various sectors right at some point, it just has to stop and was essentially mirroring. I guess what? Richie soon. As I said, we need to recognize the economic context.

40:13 Wherein and inflation is spiraling, it has to stop and and that brunt has to be taken, you can't have you could just cut. We just can't all have an inflationary level pay rise. Before I say anything else, I just want your reaction to that. Like what do you say when people say that? Because I usually get a little bit stumped in terms of, I don't know exactly how to respond to it. Here's the thing, I actually agree. Okay, I agree that inflation is horrendous for so many reasons, for business for household income, for being for the poorest being squeezed, the most, I completely get that, okay.

40:53 I think my bear bug. Here is number one. There's been no attempt by the government to try and introduce measures to try and curb inflation in the private sector. So there's no, there's no, there's no attempt from the government to kind of be like, okay look public sector. We're in charge of we're going to do this private sector. You guys, you're going to have to help us out. You can't enjoy 89 percent your that if public sector pay is going to fuel inflation. How can we pretend that private sector pay isn't feeling inflation as well? And I think the number one thing that really, really, winds me up here is, who's being targeted to be. The brunt, okay? Because there are a number of ways you can go about this trying to squeeze inflation and I'm not suggesting. Everyone should get inflation, we pay rise. I think that if 6.5% was offered to schools and it was funded, it would be overwhelmingly accepted. Which by the way is still less than half of inflation over the last number of months.

41:41 So let's not pretend that we want an inflation, we pay rise. We don't, we want it to be funded, and we want it to kind of help us a bit with the impact. Okay? The second thing that I will say is, as a result, I think the poorest should be, always be protected more than anything. One and I'm willing to say from our situation, we don't need to be protected nearly as much as the poorest do because it's not fun being on Universal Credit. I don't care what people say or think Universal Credit is if you're on Universal Credit it's not happy life. If it is, why don't you quit your job and go to Universal Credit? Then of course you won't because it's obviously worse than the situation. Right now you're just peddling. This nonsense from your soapbox because you get annoyed that some people, get some people get a free ride. No, they don't. If they get a free ride, go and do it, mate. Go and do it for one month. You wouldn't survive a second.

42:23 So the poorest need to be protected. What's being squeezed right now, massively and I'm and it's selfish. It's people like us and I don't, and I will never turn my anger to the poorest and say, well, why don't we stop helping these got, why are they getting a cost-of-living payment? No, no, let's turn our focus and look up. Let's look up at the huge profits that the energy companies have been enjoying as a result of the Ukraine war. Let what's that doing to inflation? By the way, these record, huge billions of pounds of profit and and it. What are we doing to try and level? That out. Why are we not looking at focusing? Our attention there. Why we're not increasing taxes for the most super wealthy in the country? I'm not talking 80 grand, I'm not talking 200 Grand. I'm not even talking to underground. I'm talking the almost Ultra rich people in this country. Why not focusing our attention there? Because surely that's more inflation. We than anything.

43:12 What is wrong with this country that we are such a mindset of bootlickers that we can never think to look up because we think one day that'll be us. And when we're millionaires we don't want someone coming after us for our hard-earned money. Complete rubbish. Yeah, I've recently saw a video and I bet you've seen these sorts of videos as well before it Darrin Jones, Labour MP who often grills he often grills businesses. He's quite famous as that, there's loads of, like, Tick-Tock Clips, Instagram, reels and things of him, just rinsing corporations with, really, really good questioning that's what he's good at. And and I think I've come to this, the similar sort of conclusion is you in terms of, we need to be looking upwards. And, and I just think the argument that That that person was making to me is always well, someone's gotta take the hit and stop inflation and my response is with.

44:01 Why is it always me why? And by me I mean us like the collective Working Class People, why is it always asking, why does that? It's like, you know, when you got siblings and no one wants to have someone's have the last hit, you know, like good young. When your players happens, when you're a kid, you're fighting over. You always wanna get that. You're the last jabbing, because then, you know, you've got this little model thing. I've won. Now I got a last job. We're always the last ones to be jabbed. Always. And, and I'm just like, can we come? Can they have Last job and Aaron Jones was grilling like Supermarket bosses like Tesco and Sainsbury's. Not that and basically saying to them and they have nothing to come back. And by the way on this, they had, they would just stumped. It was sweating. There's nothing to say because they've just rinsed people. They've rinsed inflation for their own profits and they just don't care because no one is controlling them. The government isn't saying to them. Well, you need to recognize the economic context, wherein and stop doing that.

44:50 Nope, so Tesco he was say, I cut them the exact figures but it was roughly. It was roughly like Tesco were making like 1.9 billion profit in just before covid like a yearly profit and then just after covid, their profits were at like 2.3 billion. So they'd made this like 20 percent rise like 400 million pounds more profit. I just want to make that really clear. That is literal profit for the company, okay? The CEO and the shareholders, whether they want to give it to profit, not just, you know, that everything else was accounted for everyone got paid even any pay Rises were accounted for in that people got paid. And they met, they creamed off for Hundred million pounds more because they put their prices up. What we call that, what we call that thing when the prices of stuff go up.

45:34 So it was obvious inflation. Its inflation is like, know, they're the ones putting it up though. They didn't need to put it up that much. They, they made inflation bad but because they made food eight percent more expensive overnight. Like what are we, how are they not accountable? Why do we have to why someone saying to me? Well, you know, you got to just kind of take it, you could we we got to suck it up and take away, otherwise inflation will spiral. Yeah, it will can we can we tell Tesco to put that prices down again. Please. So that it stops spiraling and just pay me a bit more as soon as there as soon as profit, right? So imagine Tesco put their prices up because of food prices to go up. Okay, so there's a, there's a chain. We are not stupid. We run a business as well. We understand there are levels to this and it's not a simple of world price.

46:14 Go up there, make more money, know the cost of it might have gone up, right? But the only way that it was pure inflation, their prices going up would have been if their profit stayed the same. Yeah, because the amount of money they took in might have increased, but the amount of money, Out might have increased. No, no, this is greed fashion. I would love to know how much percentage of the increase in food prices were simply on the profit The Profit line yet because any any of that profit from the supermarket's on food, any of that profit on the energy companies. As a result, the Ukraine war is making a profit on a crisis and it's disgusting. Because at the end of the day, the government can Samurai say, well we have control over public sector pay. So we're going to have to really just squeeze. That there it's small.

47:00 Fry. What are you talking about that? That is the only way that we can in control inflation. No, no. Not asking for the 11%. I understand that. When I if I get a 6.5 percent rise that I've except I understand that actually I'm still 6% poorer, I get that and I'm willing to maybe take that flak even though I don't want to but that's the situation we're in. So let's not pretend that were being unreasonable here. Let's not pretend that were being selfish saying, well I'm not going to take anything from inflation. No no me accepting the highest I could. Possibly getting this situation is still half of what inflation is. So let's just recalibrate this attitude towards teachers, which is that we're being greedy. Actually, we could have taken four and a half percent and would have taken money out of your children's livelihoods at school.

47:45 We don't want to do that. It is not greed. We are just fed up of us. Being squeezed constantly, 400-pound on your mortgage hire 200 pound on your food, but higher, no increase in your pay or a measly. Kris at that. And remember, if we get a six percent, pay increase on our jobs. That's not a six percent. Pay increase in what we take home. Oh no. Because tax and income tax comes after that. So actually in our take-home pay, it's even less of a percent. So we've got even less spending power, it, winds me up. I think that it's just a very easy point to make from Russia soon, accept their and is his Golden Throne saying, we just have to get through it. I'm sorry, but there is a different option and you're not even entertaining it. Well, the And to just finishing the analogy with Tesco the equivalent to Tesco experiencing what we're experiencing their CEOs and their shareholders would be in that you said us taking a 6.5 percent, pay rise, would still be a pay cut because it's less spent, you know, money that we can spend it would be the equivalent of Tesco saying across covid and up to now, we know we've made lower profits than we did in 2019 and be like yeah, cool.

48:52 That's what we're all doing. Cheers. Thanks Tesco for not. Put your prices up and bearing the burden we're all bearing. But no. No. Oh, no. They made 400 million pounds more in that time, you think. Ah, whatever. And all they are, all they come back with is because there because they were of such massive numbers obviously being a huge, huge companies, they just say things, like we've maintained. We've maintained a profit margin of two to three percent every year of our Revenue. It's like okay. Don't care though, because that numbers are relevant eyetooth of two to three percent of like a trillion power. You know, who Norma's amount of money they make as Revenue as a company. It's just a relevant. I don't care if it's two, if two points. I % 22.6 percent, means you make 400 pounds, 400 million pounds more a year than that was a terrible terrible thing and you absolutely shouldn't be gloating about the fact, you've kept it within 3%. That's all for you've made loads of profit off the backs of us. And we've now got a bear.

49:41 The burden of stopping inflation that you have literally perpetuated as a corporation completely unregulated by the richest man on on the planet. I'm exaggerating. Now who happens to be in charge of our country at what backwards World we're living in. And with that, I'm going to start ranting, I kind of want to make it come full circle here Hayden. Because here's the thing right now in our current situation, the any year, as we are loaded, alluded to how a continuing strike action. Yeah, okay so I think as teachers we understand that giving up the fight now would be quite frustrating seeing as though, nothing has happened. But there's a couple of things one, I make really clear and I think the first thing I want to talk about is that there was A bit of a miscommunication I'd say into the public as to what happens when teachers go and strike. And I want to make it really clear now for a couple of minutes and you could talk about our experiences here, Hayden of this.

50:40 Is that when teachers strike, we don't actually get paid and I think it's such a kind of symbol of the times. We are living in that we are willing to forgo a day's salary to argue the point that we're not paid enough. What kind of a situation must be be in by teachers feel? That way. It's a weapon. Is it? Because it seems like a catch-22 in terms of well, people often say, I've heard this argument, if you can afford to take a day off, clearly a salaries. All right, and it's like it's not, there is it's a sacrifice. I don't think you quite understand, the definition of sacrifice people are so desperate that I willing to be even poorer for that months. Pay to in desperation to not continuously be this poor every single month afterwards that that's kind of the point. I would make just another really quick point. I heard someone the other day.

51:30 At work, say to me, I'm so glad we've got a strike days next week because I'm so I'm drowning in so much work that I can use those two days to catch up. And that to me, like, I know they were just sort of saying it in jest, but they were being serious in terms of their, they're going to catch up with work because they work every day and they just can't get all the work done. That is required of this job and it's not the same for everybody people in different positions and teaching. But I reckon there are plenty of people who can resonate with that person and be like, yep, that's exactly where I am. I will be doing Some work on the strike. They even though I shouldn't be that. That's the that's another sort of layer of that. Diana's this positions got to. And that person was like, let's just succumb to the idea of that's it. Now, this is how I get work done. I have to take unpaid days off of work to two main take just to get the job done.

52:16 And I'm just like, oh man, I feel like I'm living in like, a, some dystopian future. I what Have We Become? It's nice. There's so mad, isn't it? And I think it's just like a sign of the actual profession, how many Works, how it worked days of work due to the When you're not being paid, just to make sure this job can actually happen. Something I wanted to dive in a bit more of this two things here. Number one is, it's both linked to the fact that the any you are fan out strikes for this time. Okay. So a lot a lot of people, I think in any you and this is still going ahead by the way, because the other unions are balloting and we're looking at industrial action in September through more than just one Union. So so far, only the, any you have met the threshold to go through strikes. There are three or four others now that are trying to do. So they include head teachers, teaching, Assistance etcetera, for having the biggest impact possible. Okay, two things have come from this from this announcement that they're going to have strikes in this term. Number one.

53:11 Quite a lot of teachers have called it misjudged or not quite happy that they've called strikes in this time because of the impact. It's going to have on a lot of things that's important for our children, such as transitions, such as Sports days, such as those things that happen in this busy term, which we love to provide for the children. But Secondly, I've seen a lot of teachers as well. Say I'd love to strike but I now linked to what we just said, literally can't afford to. Yeah, I literally cannot afford to strike now because I have forgone so much money. I've made such a sacrifice, I've got children. Perhaps, I'm a single parent perhaps on this map sign that I literally can't lose 200 pounds term because of x, y and Zed.

53:52 And what's frustrating me is both of those things are kind of like a push back to strike Action Now despite agreeing with the strikes, but there's now a a sense of a push back to the strikes immediately picked up by The Daily Mail immediate picked up by the telegraph. The government to be seen as see. The need is waning teachers don't want teachers understand? And then we can kind of frame it in that way. Now, that actually do, they don't want to strike any more. It's really frustrating me. Do you think it was an own goal but that any you putting strikes now, or do you feel that? It's just always going to happen. Be the case off the months and months. I can see the double negative because not only can the Daily Mail jump on what you just said there about. See teachers they're not they don't want a strike. Much. Now, they can also jump on. See the ones that are striking clearly. Don't care about the kids, like we said, because they're doing it on sports day and transition.

54:36 I think it was a little a little bit silly that reason I still don't disagree of them and I will be striking on those days and I think, I don't know, I guess the other way to look at it, is it kind of highlights the highlights it in the, in the, in the opposite way that teachers clearly do care? They care so much. That even the most important thing to the profession right now, which is striking can might be deterred by the fact that they care about these kids so much. Much of their now don't want to do it, you know, I mean I do it's a weird when I think it just I think it works both ways to the point where it's just a, it's kind of a pointless argument. I think I understand the urgency and I do just think we need to strike. It's a bit tough that it's in term six. Okay. It is just two days out of time six.

55:18 I'll be one of my things. It might, it might cause some rearranging of days. I understand that some schools have look plan. That's what stays on those days. It's really annoying and they might now have to rearrange that day because I don't actually want to lose the sports day. Through a different time. Yeah, it's annoying, but I think we have to fight for what we want. I really do and I think it is a fight, it's a fight, it's a fight financially, it's a fight with our time, and it's going to be a fight for some people. In terms of reorganizing things, nice things that they wanted to do and carry on doing today. It's I feel weird about it, it's a tough one. I think, the biggest point, A lot of people are saying word, that the strikes are obviously meant to be disruptive, okay, so a lot of arguments that that said, look one year without sports day, Is really annoying and we frustrating for a lot of children. It's a huge day in the calendar, but it's for the long-term goals to be prompted to afford equipment. Yeah, it's a long time, God as well, to be able to afford equipment in the coming years for said, sports day. Like we need money in school to provide these opportunities, but kind of on a deeper level, I just, I feel like with this, this strike action, it just has to go ahead because The whole argument from the government of the not that not basically, it's because they haven't released this report that we talked about earlier.

56:34 And the the idea of being seen to let the government get away with it, for, what would be up until September about six months between strikes? So, that's a long time to kind of just be like, oh, we're going to wait and see and they can kick the can down the road. I think that the negative press that might come from the kind of division in teaching at the minute as to whether it's right or wrong, I think overall it's still Good thing to keep it in the mind of people that teachers are still striking and and those teachers who are in a position where they think they can't afford to do so, I think they're the ones who are struggling the most right now morally as it's such a moral dilemma for them. And I hate it when anyone who hasn't been part of a union and I'm calling out other teachers now, I'm not, I'm not afraid to do that, obviously it's the public and strangers as well. But teachers who haven't taken a single strike day who've gone in on those days.

57:26 Done their job. Taking their pay whenever they comment about someone who maybe at this point is deciding. Okay, I'm not going to strike this time because I need the money whenever they're commenting about that. Say, oh, that's a bit. That's against your, your morals, in a thought. You were for the strikes, it wind me up, no end. And I've seen I've seen this posted online, I think, if you haven't sacrificed your money for this, cause whether you agree with it or not, you need to just keep quiet. You need to not is your Europeans, not relevant. In this don't tell One, whether they're right or wrong for choosing to strike or not. If they've already done it five times this year and can't afford, another couple of hundred quid it won't Smell Ya Big Time as a big burn from Dylan there.

58:07 It's true and I'm sure we're not calling out many teachers because I know there's a lot of unity in this kind of course. But yeah there are there are some people who think in that way and it's not fair. Yeah, and again, like I said, making it very clear. I'm talking specifically about those people who think it's their job to kind of make a comment or pass, comment on someone's decision to strike, or not in that. Respect at the start, we were very vocal when we hate and trying to convince people to strike. And I think we all are very first podcast, episode was why teacher striking? Because it was when teachers did did a strike I was going to say, struck for the first time and and I think we talked about, didn't we how I views became less militant? Maybe and we did we do. Stan, we were very militant like we were super medicine, man. Like, I actually thought you were gonna go into one of your older opinions are, which you haven't said in a while, which is that review saying is need Papi. Don't, I don't know if you'd approve it anymore. Not, I'll challenge you on it which was if you voted knows a striking, didn't strike and stayed in and you know just got paid on those days when the pay Rises come next year. If any pay Rises come based on strike action off you go donate it then you clearly have to know what it was, you didn't do anything for it, so donate I think it did. Yeah you're challenging me on this. If it's I still think that.

59:22 Okay, yeah, for very specific groups of people. And this is why I can't just say anymore because I realize that I am making that point to people who can't afford to strike and I hate that. I hate the idea with me saying that and then someone who can't afford to strike is like I literally can't afford to try because every teacher in a different situation you know our households have dual income and no dependence right now. So it's not the same as a single mom with four kids. It's like this, it's not remotely comparable, so I would never ever say to that person. Well, you didn't strike getting the bin laughs. I've got a, my 50 Quid a month. Thank you very much know. I'd never do that, obviously. But I'm talking about people in a very similar situation. I know lots of teachers whose partners are the Breadwinners when and significantly more in a very, very comfortable stable Financial condition and they teach very much as like a vocation, they don't really need that money. They choose to do it for various reasons and they it's those kind of people.

1:00:17 And don't get me wrong, most of them are very supportive and they actually still strike as well. But when it's those kind of situations who think, oh no, I'm thinking of the children I'm coming in because I'm thinking, but I do like condescendingly anti Strikers, you know? I mean, like they're militantly anti striking and their vocal about their opinions and they look down on teachers who strike because they have assessed that I don't need the money and it affects the kids negatively. So what you're doing is bad it's those people isn't it that really grind ideas. Not that I know any personally, but I've certainly seen online and I know personally, loads of people who aren't striking for various reasons, and all of those people are in support of the strikes is funny. They're all in support of it, but for one reason or another, they either can't or they're not going to for their own reasons, and it's completely acceptable.

1:01:04 But, yeah, that particular type of person that's just horrible Converse, ending like, attitude towards it, gay in the bin and donate you. My dear, we get it for you and I do just finishing off on that point. I do I also think that it's acceptable to not go the other way and kind of condescend, those people say, oh you're pathetic, you're not striking, you don't deserve this. But I think you can go the other way and say to people have been striking. You are bearing, the brunt of this, you are carrying a financial burden, you are helping the profession. Massively for a personal sacrifice, both mentally and physically Ansari and financially physically physically. I'm lying in bed all day, but it's not physical a physical one, but you're bearing that Real burden for the greater good of everyone and I think you can, he preys on them and I think people are worried about doing that, in case, it's all well, what everyone else? Think.

1:01:55 No, no, you're doing the right thing for this profession. Thank you for losing hundreds of pounds for sticking by that. So that's what we're gonna do right now. So, what we're going to do is this little section where I praise Dillon, and he Praises me for all of the amazing things that we're doing to help the strike action. So it's really nice really Dylan Dylan. Thank you so much for striking and taking physical And to do that. I can thank you so much. I really appreciate. Okay, yours and yours and now Hayden. Yeah, we're going to finish off their for this section. So that's pretty nice to. You've got to Right. Dylan, we've been moaning and waffling for. I don't know. Best part of an hour now, so I think we need to bring it to an end. I just want to say though, it's so funny how in the last few episodes we've been, like, really by big ourselves up for being way more positive.

1:02:42 Now, the back in the early episodes, we were a little bit too Monie and we have just spent the last hour, absolutely going to town moaning about everything but we need it. And I know there are people listening to this. Who are we love a moan? We all love a moan as long as it's in the right context and you know that's what it was all about today. Just Just getting out our grapes and explaining why we are still striking and why we are still fed up with the state that the economy is in this country. Yeah. Absolutely. And in the future just you all know this was episode. We just those two we still have guests coming in the future. We have a few lined up. We have one for you next week. It is not Russia sooner. It's even better. Okay, so we have a lovely episode coming up next week all to do with transition. For your six is going into secondary school and talking about reading so Hayden.

1:03:25 It's going to be a really, really good one. Yeah, please do tune in. We've And yeah, absolutely amazing guests and we're still getting more lined up. So, you know, get in touch with starting to get contacted Now, by people, as well as saying, I'd love to come on your podcast one day and talk about X Y, or Z said. And if that expires at is interesting and doesn't count your man doesn't count. Well, let me she just wants to talk about how it's gonna really, really, so that I love mine, an older generation like to talk about how everything was handed to that generation. Okay, and it's so hard for them, I'm not gonna do it because if I said that, that would be really mean and I didn't just do it. Give me did he really mean it reveal. Exactly. You didn't do that thing. What people do all the time where they say, I'm not going to say it. I'm not going to say that X Y Zed and then by definition to say what they think. Anyway, it also, you know, it wasn't it's just just an average.

1:04:12 We hear that was it wasn't mine, and mine ad wasn't just the average man. The average man was taking everything, it's just a coincidence that all of the million pound homes exist now and exclusively by 50 plus year olds, it's just it's just Bing, okay? And it's just a quick, it's just complete coincidence. That all of the older generation of already paid off their mortgage. So we're not being remotely affected by interest rates, it's just the young to also aren't getting a pay rise. Let's not go back and we're not going to go into the fact, okay? There is no such thing as a youth tax or anyone over about 50 because they didn't have to pay extortion at student. Student loan fees. We're not going to talk about it. It's just the same it's generated. We all die. Not going to mention how life is possibly worse as it's ever been financially for anyone in our situation and we're not presenting.

1:04:54 We're not resentful, we don't, we don't care about. Oh man, we're not going there. Right? Anyway, guys stories please. Yeah, thanks for tuning in. See ya.