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Sunak announces at least 6% pay rises for public sector on 17:53 - Jul 13 by chicoazul
Believe I explained several times that massive inflation would be an inevitable consequence of all that free money many enjoyed.
so why is inflation coming down quicker in the usa where the amount of 'free money' was greater?
And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show
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Sunak announces at least 6% pay rises for public sector on 18:22 - Jul 13 with 918 views
Sunak announces at least 6% pay rises for public sector on 17:03 - Jul 13 by noggin
I doubt many nurses, teachers and paramedics had the extra disposable income you speak of.
Tax the fekkin rich.
[Post edited 13 Jul 2023 17:10]
*Spoiler alert* We didn't.
And what they're also forgetting there is 'public sector workers' isn't just nurses and teachers, it's the legion of teaching assistants, cleaners, nursing assistants, portes, etc, etc who are on considerably lower wages and also been facing wage stagnation for 13 years.
I'm one of the people who was blamed for getting Paul Cook sacked. PM for the full post.
Sunak announces at least 6% pay rises for public sector on 18:21 - Jul 13 by noggin
So it wasn't free money, was it? They weren't getting paid by their employer.
Are you ok?
In the spirit of reconciliation and happiness at the end of the Banter Era (RIP) and as a result of promotion I have cleared out my ignore list. Look forwards to reading your posts!
Sunak announces at least 6% pay rises for public sector on 18:21 - Jul 13 by lowhouseblue
so why is inflation coming down quicker in the usa where the amount of 'free money' was greater?
It’s pretty crazy to compare our economy to the US.
In the spirit of reconciliation and happiness at the end of the Banter Era (RIP) and as a result of promotion I have cleared out my ignore list. Look forwards to reading your posts!
Sunak announces at least 6% pay rises for public sector on 18:22 - Jul 13 by noggin
Brexit?
definitely a factor. i'll give you a clue. core inflation in the uk is almost exactly equal to the rate of private sector wage settlements. spooky coincidence?
And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show
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Sunak announces at least 6% pay rises for public sector on 18:26 - Jul 13 with 895 views
Sunak announces at least 6% pay rises for public sector on 18:25 - Jul 13 by lowhouseblue
definitely a factor. i'll give you a clue. core inflation in the uk is almost exactly equal to the rate of private sector wage settlements. spooky coincidence?
In fairness wage demands tend to follow inflation and in a stretched labour market, private sector folk have a good deal of bargaining power.
Brexit is certainly a factor. Goods cost more because of the added barriers which means prices go up and people seek highe rpay to cover it. Meanwhile the public sector get left behind again, as they have been for 10 years or more.
All it misses is a solid mention of the catastrophic effect of Brexit on supply chains. For example those exporting to the U.K., especially things like food, are now selling their produce in the EU. Those that sell here rightly whack a premium on it. People in the U.K. are not going to grow stuff at a loss. Energy had an immediate tariff of 15% in 2016; the result of devaluation post Brexit. You name it, Brexit impacted horrifically.
Of course suppliers and retailers are going to ramp up prices when they can. Their duty is to shareholders.
Add in creaking infrastructure (anyone driven over/through the French owned Dartford Crossing recently) and no investment in seven years and you have a country that’s consuming itself.
So let’s blame the greedy public sector. 2010 on Austerity was an assault on it. Getting rid of the ‘dead hand’ as Maud so nicely put it. Yet no economist of repute thought that it was anything other than economic nuts. But they carried on. When I asked a Treasury dude why all the specialist tax inspectors were being got rid of I was told government policy was ‘all about headcount. We don’t care about tax revenues. We can always print money’. Says it all.
The tax inspectors were told to treat all taxpayers as honest. The govt weren’t interested in collecting tax, so let’s not hear words like we can’t afford it. We can afford PPE from China, dodgy contracts to mates, fraud on an industrial scale.
6%? They should have gone for 20% to make up for the real cut in wages they’ve sustained in the past 13 years.
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Sunak announces at least 6% pay rises for public sector on 18:52 - Jul 13 with 838 views
Sunak announces at least 6% pay rises for public sector on 18:32 - Jul 13 by redrickstuhaart
In fairness wage demands tend to follow inflation and in a stretched labour market, private sector folk have a good deal of bargaining power.
Brexit is certainly a factor. Goods cost more because of the added barriers which means prices go up and people seek highe rpay to cover it. Meanwhile the public sector get left behind again, as they have been for 10 years or more.
wage demands tend to follow inflation and inflation tends to follow wage demands. which is where we are now.
the problem is that real wages are in part a measure of how much we can buy from abroad and if the cost of imported energy and imported food stuff rises our real wages must fall (we can't afford to buy as much). after the initial external price shock, inflation is an expression of a collective attempt to escape that inevitability.
And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show
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Sunak announces at least 6% pay rises for public sector on 19:11 - Jul 13 with 804 views
The Tory mantra was to paraphrase, "we will take your tomorrows for our todays.
Chronic underinvestment has been the way since the mad woman Thatcher was tasked with fronting up privatisation. A loony policy whereby public assets were flogged off on the cheap out of the back door. The financial downsides to this shorted sighted asset stripping are now hitting hard.
The thickos bleat about controlling our borders, but what about controlling our utilities - the building blocks of any economy.
Pretty much all in European countries hands. With one of the greatest ironies, UK railways are owned by EU state owned companies. And despite the obvious failings, you will struggle to hear the rightwing media mention this.
The more of the farmers seed potatoes he eats, the less he will have the following years.
Many under 35s are seeing little chance of owning where they live, instead paying exorbitant rents to some greedy landlord*. Stuff that was once publicly owned, from parks, open spaces to school playing fields has been sold off. And they are told if they tax the very rich it will drive them from the country, whereas underpaying (cutting the wages) of nurses, doctors, teachers will not do the same.
As distasteful as it is, it is nothing more than to be expected from the wealthy. But to see thickos, red wallers etc willing pushing the lorry as turkeys to the slaughter house is rather disturbing, to say the least.
The UK (outside of the Common Market) was thought, the sick man of Europe - now outside the EU it is the thick man of Europe.
* how many are paying an amount in rent that would cover the mortgage on the property ?
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Sunak announces at least 6% pay rises for public sector on 19:14 - Jul 13 with 802 views
I don’t see how Sunak’s claim that going higher would drive inflation stacks up. These are for workers who provide services free at the point of delivery. What am I missing? Or is it bullsh*t because they’ve already pushed borrowing so high and have done such a bad job with the economy that he fears and internal backlash from the small state loons in his party?
Sunak announces at least 6% pay rises for public sector on 20:25 - Jul 13 by Swansea_Blue
I don’t see how Sunak’s claim that going higher would drive inflation stacks up. These are for workers who provide services free at the point of delivery. What am I missing? Or is it bullsh*t because they’ve already pushed borrowing so high and have done such a bad job with the economy that he fears and internal backlash from the small state loons in his party?
You would think that obvious fact would sink into even the thickest of thick righties. But no, because master has told them something they have to bleat it out q=unquestioning. Like the sheep in Animal Farm.
There is also the point that companies cannot simply increase their prices when they wish, otherwise what is to stop them doing it all the time ? No, prices are pretty much determined by what the market will bear - as with our new membership scheme. Had we tried that 3 seasons ago there would not have been many takers, yet nothing has happened in the processing of any membership. It's just the demand is now higher.
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Sunak announces at least 6% pay rises for public sector on 21:04 - Jul 13 with 726 views
Sunak announces at least 6% pay rises for public sector on 20:25 - Jul 13 by Swansea_Blue
I don’t see how Sunak’s claim that going higher would drive inflation stacks up. These are for workers who provide services free at the point of delivery. What am I missing? Or is it bullsh*t because they’ve already pushed borrowing so high and have done such a bad job with the economy that he fears and internal backlash from the small state loons in his party?
If people are paid more inflation will go up, isn’t that the argument ?
Feels somewhat dishonest when private wages rose nearly 8%, super markets, energy, phones you name it are literally charging whatever they can get away with and some producing record profits,
Sunak announces at least 6% pay rises for public sector on 17:21 - Jul 13 by Dubtractor
Soccer?
I used to think like this but apparently soccer is an abbreviation for Association Football and was first used in the Uk about a hundred years ago during a court case in order to help the judge distinguish it from Rugby Football. According to Danny Baker anyway…
In the spirit of reconciliation and happiness at the end of the Banter Era (RIP) and as a result of promotion I have cleared out my ignore list. Look forwards to reading your posts!
Sunak announces at least 6% pay rises for public sector on 20:25 - Jul 13 by Swansea_Blue
I don’t see how Sunak’s claim that going higher would drive inflation stacks up. These are for workers who provide services free at the point of delivery. What am I missing? Or is it bullsh*t because they’ve already pushed borrowing so high and have done such a bad job with the economy that he fears and internal backlash from the small state loons in his party?
It’s rehashed old mantra that they know plenty of people will believe. A sort of hook to hang hopes of scrawning a few more seats at the next election.
A couple of friends of mine still blame everything on the ‘greedy Unions’, despite it being total nonsense. People taking a smaller pay cut, in real terms, is not going to drive up inflation.
The post war economic failure was mostly down to lack of investment. Investment in plant, people, technology, ideas. It just didn’t happen. We are repeating the mistake.
I loathe this government for the damage they’ve wreaked in the past 13 years.
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