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Inflation up and rising. Costs to businesses up. Energy prices going up again in January. Not long ago I paid £68 per month for gas and electricity. In the winter I was able to have my heating on 1-1.1/2 hours in the morning, then again 3 p.m. to 8 p.m. I now pay £85 per month (Just increased by my supplier) and I have it on for two hours at night. Absolutely bonkers. Whilst I admit and I was just as p*ssed off as most people with the Tories, Labour have steam rollered in like a bull in a china shop and now costs are and will keep increasing by more than they needed to. Companies will cut costs by cutting hours or even laying people off. Will put prices up whilst giving lower wage increases. This in turn will lead to workers striking for higher pay. There's a saying "You can't burn the candle at both ends" Labour are trying to put all the ills made by the previous Government in one go. It is too much all at once and is already leading to many sections of our community taking to the streets or totally feed up with a Party that has only been in power a few months.
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Good Old Labour increasing the price of everything. on 22:10 - Nov 22 with 2082 views
Good Old Labour increasing the price of everything. on 23:45 - Nov 21 by Europablue
I'd like to see your evidence. Has buying power really improved? It seems like rents and food prices have been outstripping wage increases. Just look at the case study of California where they want to raise the minimum wage to 20 dollars at fast food restaurants. They are replacing a lot of people with machines and they are putting a lot of people off going to fast food places. I barely ever eat out anymore. It's just ridiculous to spend so much money to feed the family when you can cook something better at home most of the time for a fraction of the cost.
Have you not lived through the evidence? I’d have thought the proof that introduction of the minimum wage didn’t cause a big increase in inflation and unemployment is found in the data for each, which shows low and steady inflation and falling unemployment rate after the introduction of the minimum wage. And I’m not saying that’s causative. The minimum wage barely registers on both of those metrics. Things like conflict and global financial episodes (e.g. the banking crisis) are far more impactful.
Good Old Labour increasing the price of everything. on 19:05 - Nov 22 by redrickstuhaart
Given that the sales are worthless without warehousemen.... it rather depends on your perspective.
Rich people do everything on their own - no help no nothing - pure man machine - they don't need poor people to make things, do things, do admin, do databases, deliver stuff, find stuff in a warehouse, do callcentres, clean stuff, fix stuff.
They deserve everything quite simply because they are better than the rest of us.
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Good Old Labour increasing the price of everything. on 23:08 - Nov 22 with 2030 views
Good Old Labour increasing the price of everything. on 19:05 - Nov 22 by redrickstuhaart
Given that the sales are worthless without warehousemen.... it rather depends on your perspective.
With the greatest respect to warehousemen (or women), you can probably get somebody off the street to do the job with minimal training. To get a CEO who brings in £100 million in sales, not so easy.
Why does Haaland get £375,000-a-week in wages playing for Man City? There are literally thousands of Sunday league players in the Manchester area who would be quite happy to offer their services for £370 a week.
Good Old Labour increasing the price of everything. on 09:55 - Nov 23 by GlasgowBlue
With the greatest respect to warehousemen (or women), you can probably get somebody off the street to do the job with minimal training. To get a CEO who brings in £100 million in sales, not so easy.
Why does Haaland get £375,000-a-week in wages playing for Man City? There are literally thousands of Sunday league players in the Manchester area who would be quite happy to offer their services for £370 a week.
By mateys logic the Manchester Sunday league player would be on £37,500k a week.
“Hello, I'm your MP. Actually I'm not. I'm your candidate. Gosh.”
Boris Johnson canvassing in Henley, 2005.
Good Old Labour increasing the price of everything. on 18:50 - Nov 22 by Lord_Lucan
WTF???
So a person bringing in £100m in sales isn't worth 10 times more than a warehouseman?
I'm assuming that your ultra-succesful salesperson would be on a basic salary plus an eye-wateringly high commission/ bonus for bring home such high sales
Nonetheless, surely there must be some merit in the idea that if a company is tremendously successful then they could and should spread the profits about in an equitable manner
It sticks in my craw that the boss of Tescos awarded himself a £10 million bonus this year and yet some percentage of his workforce are in receipt of in-work benefits just to make ends meet
When the tide comes in, I want to see all boats floating
Good Old Labour increasing the price of everything. on 10:49 - Nov 23 by EdwardStone
I'm assuming that your ultra-succesful salesperson would be on a basic salary plus an eye-wateringly high commission/ bonus for bring home such high sales
Nonetheless, surely there must be some merit in the idea that if a company is tremendously successful then they could and should spread the profits about in an equitable manner
It sticks in my craw that the boss of Tescos awarded himself a £10 million bonus this year and yet some percentage of his workforce are in receipt of in-work benefits just to make ends meet
When the tide comes in, I want to see all boats floating
[Post edited 23 Nov 2024 13:53]
Goes back to the point I was making earlier as well.
If Tesco employees are having to claim benefits to make ends meet, then that £10m is state subsidised. Us tax payers are paying for that profit. Which is disgraceful.
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Good Old Labour increasing the price of everything. on 11:04 - Nov 23 with 1760 views
Good Old Labour increasing the price of everything. on 22:41 - Nov 22 by RadioOrwell
Rich people do everything on their own - no help no nothing - pure man machine - they don't need poor people to make things, do things, do admin, do databases, deliver stuff, find stuff in a warehouse, do callcentres, clean stuff, fix stuff.
They deserve everything quite simply because they are better than the rest of us.
And they deserve it even if there is a better salesperson who could bring in two hundred million quid in sales for only a couple of thousand more per annum on the salary because this one has tenure, so don't question them.
And that's before we get to the current incumbent selling at a loss...
Good Old Labour increasing the price of everything. on 09:55 - Nov 23 by GlasgowBlue
With the greatest respect to warehousemen (or women), you can probably get somebody off the street to do the job with minimal training. To get a CEO who brings in £100 million in sales, not so easy.
Why does Haaland get £375,000-a-week in wages playing for Man City? There are literally thousands of Sunday league players in the Manchester area who would be quite happy to offer their services for £370 a week.
Really silly comparison. Sport is a totally different concept.
Trust the process. Trust Phil.
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Good Old Labour increasing the price of everything. on 11:54 - Nov 23 with 1699 views
Good Old Labour increasing the price of everything. on 11:45 - Nov 23 by The_Flashing_Smile
Really silly comparison. Sport is a totally different concept.
It really isn't. There are millions of people who can kick a ball but very few who can do so at elite level. Likewise, there are literally millions of people who can do the job of a warehouseman but very few who can make £millions running a FTSE quoted company.
We can actually do a practical experiment with this Dollers. Rock up at you local B & Q tomorrow and pack away tins of paint and Christmas decorations. The next day, go into B & Q's head office and run the company.
Good Old Labour increasing the price of everything. on 18:50 - Nov 22 by Lord_Lucan
WTF???
So a person bringing in £100m in sales isn't worth 10 times more than a warehouseman?
Surely it would depend on the quality of the product and its price compared to the alternatives on the market? If yer selling the best quality product available on the market at the same price as inferior products then possibly the salesman isnt such a genuis after all. Though if he's managing to sell £100 mils worth of an inferior product at the same price as the superior product then perhaps its worth paying him the big bucks
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Good Old Labour increasing the price of everything. on 13:38 - Nov 23 with 1554 views
Good Old Labour increasing the price of everything. on 13:27 - Nov 23 by GlasgowBlue
It really isn't. There are millions of people who can kick a ball but very few who can do so at elite level. Likewise, there are literally millions of people who can do the job of a warehouseman but very few who can make £millions running a FTSE quoted company.
We can actually do a practical experiment with this Dollers. Rock up at you local B & Q tomorrow and pack away tins of paint and Christmas decorations. The next day, go into B & Q's head office and run the company.
Haha, classic TWTD argument... like Ryorry's "go live on a farm for a month" a few days ago.
A practical experiment is it? You think it's practical that I can pop into B&Q's head office and run the company?
People have different skills, that's certainly true. Maybe I'd be great at running B&Q for the day - in fact I imagine it probably runs itself pretty well, due to those thousands of lower paid workers. I reckon I could be the head of B&Q for a month and it wouldn't suffer. But as you know, I won't be allowed to do that, so well done, you win the argument!
I think you and Lucan are intentionally missing the point (because you're business owners and the rest of us have touched on a nerve). When there's such a disparity that a boss gets a £10m bonus and a shop worker needs benefits to get by - that, for me, is fundamentally wrong. And yes, your analogy with sports stars is utterly irrelevant to that, and silly.
Trust the process. Trust Phil.
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Good Old Labour increasing the price of everything. on 13:40 - Nov 23 with 1541 views
Good Old Labour increasing the price of everything. on 11:45 - Nov 23 by The_Flashing_Smile
Really silly comparison. Sport is a totally different concept.
Not really, it’s all about the concept of rarity. I don’t have a problem with that up to a point, but Glasser’s example is flawed in another way because people don’t always get to the top on merit. At least Haaland has.
I’d still argue the figures being talked about in this thread (£10M Mr Tesco bonus or Haaland’s and even the average PL salary) are utterly obscene when you see how many people can’t make ends meet and have to rely of state support (or even drop out of the system altogether). There surely has to be a better aim, rather than everyone chasing the capitalist wet dream* and most people missing by miles and being miserable with it.
Good Old Labour increasing the price of everything. on 13:38 - Nov 23 by The_Flashing_Smile
Haha, classic TWTD argument... like Ryorry's "go live on a farm for a month" a few days ago.
A practical experiment is it? You think it's practical that I can pop into B&Q's head office and run the company?
People have different skills, that's certainly true. Maybe I'd be great at running B&Q for the day - in fact I imagine it probably runs itself pretty well, due to those thousands of lower paid workers. I reckon I could be the head of B&Q for a month and it wouldn't suffer. But as you know, I won't be allowed to do that, so well done, you win the argument!
I think you and Lucan are intentionally missing the point (because you're business owners and the rest of us have touched on a nerve). When there's such a disparity that a boss gets a £10m bonus and a shop worker needs benefits to get by - that, for me, is fundamentally wrong. And yes, your analogy with sports stars is utterly irrelevant to that, and silly.
"I reckon I could be the head of B&Q for a month and it wouldn't suffer"
You really don't have a scooby do you?
“Hello, I'm your MP. Actually I'm not. I'm your candidate. Gosh.”
Boris Johnson canvassing in Henley, 2005.
Good Old Labour increasing the price of everything. on 13:40 - Nov 23 by Swansea_Blue
Not really, it’s all about the concept of rarity. I don’t have a problem with that up to a point, but Glasser’s example is flawed in another way because people don’t always get to the top on merit. At least Haaland has.
I’d still argue the figures being talked about in this thread (£10M Mr Tesco bonus or Haaland’s and even the average PL salary) are utterly obscene when you see how many people can’t make ends meet and have to rely of state support (or even drop out of the system altogether). There surely has to be a better aim, rather than everyone chasing the capitalist wet dream* and most people missing by miles and being miserable with it.
*for want of a better phrase
But this Capitalist Chimera..... ( a bit nicer phrase dontcha think? ) .... served us all reasonable well for the post-war years, say 1955 - 1979
Every year many things were better for the vast majority of the populace
Stuff like central heating in homes, indoor lavvy, foreign holidays, one car per family and then two car families, better food, more and better labour-saving domestic appliances all on the back of almost universal rising prosperity
Whilst it would be simplistic to blame the collapse on the post-war idyll on a single individual.... contributory factors would be outdated infrastructure, failure to invest, loss of the Empire and the 1973 oil crisis... I still hold that Thatcherite doctrine has done more to fracture the wellbeing of this nation than anything else in recent times
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Good Old Labour increasing the price of everything. on 14:25 - Nov 23 with 1400 views
Good Old Labour increasing the price of everything. on 14:08 - Nov 23 by EdwardStone
But this Capitalist Chimera..... ( a bit nicer phrase dontcha think? ) .... served us all reasonable well for the post-war years, say 1955 - 1979
Every year many things were better for the vast majority of the populace
Stuff like central heating in homes, indoor lavvy, foreign holidays, one car per family and then two car families, better food, more and better labour-saving domestic appliances all on the back of almost universal rising prosperity
Whilst it would be simplistic to blame the collapse on the post-war idyll on a single individual.... contributory factors would be outdated infrastructure, failure to invest, loss of the Empire and the 1973 oil crisis... I still hold that Thatcherite doctrine has done more to fracture the wellbeing of this nation than anything else in recent times
Bloody hell. You must be dead posh if you have an indoor lav!
It’s about what we value isn’t it? The post above about Michael Sandal has sent me down a bit of a rabbit hole. I couldn’t find the ending of the clip about whether Rooney deserves to be paid more than a care worker, but I did find this piece which touches on many of the points on this thread.
Much of where he thinks we’ve gone wrong does point towards a failure of that doctrine promoted by Thatcher. As you say, it’s probably unfair to lay all the blame at her door and we may still have been in the same place without her, as many societies have the same issues. She was just the saleswomen in the UK.
Good Old Labour increasing the price of everything. on 13:18 - Nov 23 by J2BLUE
The solidarity amongst the business owners is sweet.
Get back to the office plebs and spend some of your £10.44 an hour before tax in my wife's cafe!
How do you feel about a business owner who pays most staff well above the living wage, also pays 16 to 20 year olds the 21+ rate from the day they start and during very lean times ensures that their staff are always paid on time whilst the business owner forgoes taking out a single penny in order to keep the company in going?
As for get back to the office. Some people may not enjoy social activity, but most people do and if our town centres die then they will be the first to compalin what a sh1thole their town centre is. A listen to the new Rolling with the Punches highlights how Ipswich has declined and the people interviewed saying how there is nothing to do inIpswich any more. If people are happy to stay in their homes ,ordering everything online and having very little social interaction then society will the the poorer for it.
But your reply has nothing to do with the point being made between a warehouseman and somebody making £millions for a company so I'm not realy sure why you made it other than to get unnecessarily personal.
Getting back to Lucan's point, there is an endless supply of warehousemen (or women) whereas people who can create £milions for a business are few and far between. So they deserve to be paid far more than the warehouseman. That doesn't mean that the warehouseman shouldn't be paid a decent wage.
Would like the courtesy of a reply as you were very quick to get personal with that post.
Good Old Labour increasing the price of everything. on 13:38 - Nov 23 by The_Flashing_Smile
Haha, classic TWTD argument... like Ryorry's "go live on a farm for a month" a few days ago.
A practical experiment is it? You think it's practical that I can pop into B&Q's head office and run the company?
People have different skills, that's certainly true. Maybe I'd be great at running B&Q for the day - in fact I imagine it probably runs itself pretty well, due to those thousands of lower paid workers. I reckon I could be the head of B&Q for a month and it wouldn't suffer. But as you know, I won't be allowed to do that, so well done, you win the argument!
I think you and Lucan are intentionally missing the point (because you're business owners and the rest of us have touched on a nerve). When there's such a disparity that a boss gets a £10m bonus and a shop worker needs benefits to get by - that, for me, is fundamentally wrong. And yes, your analogy with sports stars is utterly irrelevant to that, and silly.
"I reckon I could be the head of B&Q for a month and it wouldn't suffer". Mate, you had to ask a football message board where to buy a fcukin' suit, let alone run a company that turned over £3.85 billion last year.
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