Ho - hum. Put yer shovel away pal before the sides fall in. Anyone with an opinion is free to air it even if it differs from yours. You come across far to blinkered and see only what you want to see - and possibly to your own detriment.
that's what the past labour governments are famouse for,high spending/borrowing,higher wage growth,so not to upset the unions.lol.high inflation,which is great in the short term,but comes back to bite you in later years(like france is going through now,but sarkosy did try to reform the countries archaic policies),so in essense,you have to balance the books to keep the house in order. low wage growth?that's the price you have to pay nowardays in a "competive global world",for higher employment,even if the jobs aren't full time. the uk also has one of the highest investment inflows due to its policies,low tax/inflation/wages/overheads/regulations,etc. apart from Germany and the odd others,europes living in the dark ages?
People are free to believe what they wish, some are stuck in an 80's point of view - job for life, 110% mortgages, easy benefits - others recognise the world has changed after 3 decades and adapt to the challenges, and a few seem to be angry, bitter and only capable of hurling insults but hey - ho
I was reading your comments about low wages for many and part time jobs. Although the unemployment figures seem good reading they disguise the facts that you pointed out. Many people now have a very low standard of living and the minimum wage is possibly working against employees being paid a fair wage. Furthermore, the tax thresholds further up the earnings curve have not held pace with earnings and more and more average earners pay tax at 40%. Plus, the inheritance tax threshold has been frozen for 10 years.
Overall, these are not healthy figures and in the long term greater problems are going to have to be faced. We have a national debt that is not decreasing and a great chunk of this is the cost of public sector pensions. I remember one labour politician speaking a few years ago and she suggested that one way of reducing unemployment was to create more public sector jobs. It is beyong belief some of the comments that are made.
I have a temporary job at Asda and it's interesting to see how large multi nationals treat employees. Because of the threat from Aldi and Lidl, Asda have got rid of 5 managers from each store and put extra responsibility on Section Leaders who are paid an extra 60p per hour. If you look at the number of stores in the UK it is a huge saving.
(Reuters) - Britain’s economy kept up its strong growth in the second quarter of 2014 and its yearly pace of expansion was revised up to 3.2 percent, its best performance in more than six years, official data showed on Friday. (yet some won't believe it)
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