is<00:00:00.420> it<00:00:00.539> a<00:00:00.659> good<00:00:00.780> idea<00:00:01.020> is<00:00:01.140> this<00:00:01.319> going<00:00:01.439> to

is it a good idea is this going to

is it a good idea is this going to transform<00:00:01.920> people's<00:00:02.340> lives<00:00:02.639> in<00:00:02.760> these<00:00:02.940> areas

transform people's lives in these areas

transform people's lives in these areas well<00:00:04.319> I<00:00:04.440> mean<00:00:04.560> if<00:00:04.740> I<00:00:04.860> take<00:00:05.040> 15<00:00:05.339> pound<00:00:05.759> of<00:00:05.940> you

well I mean if I take 15 pound of you

well I mean if I take 15 pound of you and<00:00:06.180> then<00:00:06.299> give<00:00:06.420> you<00:00:06.540> two<00:00:06.660> pound<00:00:06.779> 80<00:00:07.080> is<00:00:07.379> that

and then give you two pound 80 is that

and then give you two pound 80 is that going<00:00:07.620> to<00:00:07.740> transform<00:00:07.980> your<00:00:08.160> life

going to transform your life

going to transform your life these<00:00:09.540> guys<00:00:09.720> they've<00:00:10.200> found<00:00:10.320> 2.8<00:00:10.800> billion

these guys they've found 2.8 billion

these guys they've found 2.8 billion pounds<00:00:11.400> to<00:00:11.820> give<00:00:11.940> to<00:00:12.120> local<00:00:12.360> councils<00:00:12.960> in<00:00:13.500> the

pounds to give to local councils in the

pounds to give to local councils in the last<00:00:13.740> three<00:00:13.920> years<00:00:14.040> they're<00:00:14.219> given<00:00:14.519> 700

last three years they're given 700

last three years they're given 700 billion<00:00:15.599> pounds<00:00:15.900> to<00:00:16.020> the<00:00:16.139> rich<00:00:16.260> I<00:00:16.619> know<00:00:16.680> you

billion pounds to the rich I know you

billion pounds to the rich I know you understand<00:00:17.039> now<00:00:17.220> you've<00:00:17.520> met<00:00:17.640> 50<00:00:17.880> times<00:00:18.180> as

understand now you've met 50 times as

understand now you've met 50 times as much<00:00:18.600> listen<00:00:18.840> is<00:00:19.440> it<00:00:19.619> leveling<00:00:19.920> up<00:00:20.039> if<00:00:20.279> I<00:00:20.460> give

much listen is it leveling up if I give

much listen is it leveling up if I give a<00:00:20.820> poor<00:00:21.060> person<00:00:21.180> two<00:00:21.420> pound<00:00:21.600> 80<00:00:21.840> and<00:00:22.380> I<00:00:22.500> give<00:00:22.680> a

a poor person two pound 80 and I give a

a poor person two pound 80 and I give a rich<00:00:22.859> person<00:00:23.039> 250<00:00:23.820> pounds<00:00:24.660> no<00:00:25.140> sorry<00:00:25.439> 700

rich person 250 pounds no sorry 700

rich person 250 pounds no sorry 700 pounds<00:00:26.640> 250<00:00:27.240> times<00:00:27.539> as<00:00:27.779> much<00:00:27.900> listen

pounds 250 times as much listen

pounds 250 times as much listen this<00:00:30.480> government<00:00:30.660> has<00:00:31.019> presided<00:00:31.500> over<00:00:31.740> the

this government has presided over the

this government has presided over the largest<00:00:32.399> and<00:00:32.759> fastest<00:00:33.239> ever<00:00:33.719> increased

largest and fastest ever increased

largest and fastest ever increased inequality<00:00:34.920> in<00:00:35.040> the<00:00:35.160> history<00:00:35.280> of<00:00:35.460> the<00:00:35.579> country

inequality in the history of the country

inequality in the history of the country and<00:00:37.079> the<00:00:37.559> most<00:00:37.680> orwellian<00:00:38.160> thing<00:00:38.340> you've<00:00:38.460> ever

and the most orwellian thing you've ever

and the most orwellian thing you've ever heard<00:00:38.700> they<00:00:38.940> call<00:00:39.059> that<00:00:39.180> leveling<00:00:39.600> up

heard they call that leveling up

heard they call that leveling up what<00:00:40.800> do<00:00:40.920> you<00:00:41.040> say<00:00:41.160> I<00:00:41.820> think<00:00:41.940> in<00:00:42.300> this<00:00:42.420> case

what do you say I think in this case

what do you say I think in this case we're<00:00:42.780> talking<00:00:42.960> about<00:00:43.200> relatively<00:00:43.980> trivial

we're talking about relatively trivial

we're talking about relatively trivial amounts<00:00:44.820> of<00:00:44.879> money<00:00:45.059> for<00:00:45.239> projects<00:00:45.660> that<00:00:46.079> often

amounts of money for projects that often

amounts of money for projects that often ought to<00:00:46.920> be<00:00:47.040> financed<00:00:47.579> by<00:00:47.760> the<00:00:48.239> private

ought to be financed by the private

ought to be financed by the private sector<00:00:48.899> I<00:00:49.440> think<00:00:49.500> this<00:00:49.680> really<00:00:49.860> underscores

sector I think this really underscores

sector I think this really underscores the<00:00:50.820> problem<00:00:51.000> with<00:00:51.480> things<00:00:51.719> like<00:00:51.960> the

the problem with things like the

the problem with things like the leveling<00:00:52.559> up<00:00:52.680> fund<00:00:52.980> which<00:00:53.160> is<00:00:53.280> that<00:00:53.460> they

leveling up fund which is that they

leveling up fund which is that they create<00:00:53.760> anomalies<00:00:54.420> and<00:00:54.899> then<00:00:54.960> the<00:00:55.140> case<00:00:55.320> is

create anomalies and then the case is

create anomalies and then the case is always<00:00:55.680> made<00:00:55.980> for<00:00:56.579> more<00:00:56.760> the<00:00:56.940> government

always made for more the government

always made for more the government comes<00:00:57.539> Under<00:00:57.660> Pressure<00:00:57.960> to<00:00:58.379> spend<00:00:58.559> more<00:00:58.739> and

comes Under Pressure to spend more and

comes Under Pressure to spend more and we<00:00:59.160> need<00:00:59.280> to<00:00:59.399> remember<00:00:59.520> that<00:00:59.760> the