Wasn’t your whole argument that wage rises drive inflation?
No it was that wages cannot continue forever to match inflation. What actually is the wage increase being requested?
Not bad after the best part of 2 years off and 20 weeks holiday a year, finish at 3.30pmNot sure in Evo’s case but teaching unions are calling for an 8% rise
Page 3, you asked why wages should increase, and then again, later on that page asked again, legitimately why should wages increase so I was interested why ask the question if you do think they should increase? Your inference was that you didn’t think they should so I was curious as to your statements around wages driving inflation, property devaluation, loss of jobs which may have been true for the 80’s but that was more about economic output from failing companies and industries rather than inflation or the wage demands to match inflation.Where on earth haven’t I said people shouldn’t have a pay rise at all
Page 3, you asked why wages should increase, and then again, later on that page asked again, legitimately why should wages increase so I was interested why ask the question if you do think they should increase? Your inference was that you didn’t think they should so I was curious as to your statements around wages driving inflation, property devaluation, loss of jobs which may have been true for the 80’s but that was more about economic output from failing companies and industries rather than inflation or the wage demands to match inflation.
Not bad after the best part of 2 years off and 20 weeks holiday a year, finish at 3.30pm
*edit, no I've not forgotten the marking and lesson planning
- move to Scotland thenTeachers in the state sector in Scotland get paid better than most private school ones in England.
- move to Scotland then
- who will teach your kids?
- new people will apply
- they'll need training so there will be a gap
- get some temporary ones in
- that means immigration, you don't like that and have shut down avenues
- can you do it for a bit?
- pay me properly
- no, move to Scotland
No it was that wages cannot continue forever to match inflation. What actually is the wage increase being requested?
So you think wages can't match inflation, meaning that everyone would have less money to spend in real terms over time and thus people have poorer lives. And taken to it's eventual logical conclusion people would not be able to afford anything so less products and services would be offered as there'd be no market for them, reducing jobs and spending and ultimately there is no economy.
Stick to marketing.
He’s rightWell I sort answered that further down the page - it was slightly tongue in cheek but not fully
Most generations has never really experienced inflation here and the inability to control wages in line with inflation finished the labour government for decades
it actually tried to freeze private sector wages to about a third of the inflation rate. Union strikes, winter of discontent and inflation matching wages were the outcome. The end outcome of course was the workers gaining 14% pay rises ended up unemployed as businesses and demand slumped
Yes it’s nothing like now but everything is relative and if interest rates start to hike up then things will spiral
Factually correct but he wasn’t the only one living through it and can quote what did happen, my first interest rate mortgage was 13%, he didn’t answer the question around why wages shouldn’t increase which is what the inference was by challenging others who are saying they should increase.
You did ask why wages should increase, I give up, you are not going to answer the points you raised and were challenged around.I didn’t actually say that if you look several posts down
You did ask why wages should increase, I give up, you are not going to answer the points you raised and were challenged around.
Fairly simple, do you think wages should increase or not and a simple rationale whether they should be at inflationary levels or below inflation.
enjoy your day and the football
I said why should they go up if inflation escalates for a short period and then if prices go down should they then be reduced?
I said why should they go up if inflation escalates for a short period and then if prices go down should they then be reduced?
Inflation has exceeded wage growth for over a decade? I don’t see the advantage in a sustained period of people’s real term wages decreasing
I doubt in the private sector I’ve had a rise that exceeded inflation for 10 years at least and that’s a large plc. If you run a small sme margins are squeezed as material cost rises so just offering pay increases leads to less workers
I didn’t bring sector into it? Wages staying behind inflation for so long just reduces spending power which ultimately cannot be a good thing
Well it can if it keeps people employed
I don’t see why also you laugh. If you have a business which employed say 25 people and makes marginal profit and steel prices rise by 40% and say inflation rises by 10% do you try and keep 25 or pay 23 people a 10% wage rise and get rid of two people?
Well it can if it keeps people employed
It doesn't. It just reduces demand which in turn reduces discretionary spending but households. This reduces income for businesses. Businesses then try to reduce costs and the main way they do that is reduce labour costs and that takes to the start of this circle again.Well it can if it keeps people employed
Unite proposing a question.
Too busy with their snouts in the trough.
Yeah that massive trough of *checks notes* £14,490/year
Zarah sultana visited the picket line
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