TUC want to make inflation much much bigger

[anonymous-user]

[redacted]

[Digga]

Interestingly - perhaps relevantly, perhaps not - most of these union bosses are a tad old and overweight, aren't they?

[to3m]

A 2.5% increase on the wages of the very poorest! At 40 hours a week, this will translate into an extra £25 per month in their pockets. Will this fuel a bout of hyperinflation, like in 1930s Germany? Well... I doubt it.

There are better arguments to be made against the minimum wage than this one...

[Puggit]

Digga said:

Interestingly - perhaps relevantly, perhaps not - most of these union bosses are a tad old and overweight, aren't they?

Let me think...

http://www.thesun.co.uk/sol/homepage/news/3637921/...

[EDLT]

My last job paid only slightly more than that, if the minimum wage went up to £8 would my pay have risen to £10?

[Prof Prolapse]

anonymous said:

[redacted]

So if people can't afford rent and food where do they go for their money then?

[ringram]

Good way to increase unemployment anyway.

[AJI]

Prof Prolapse said:

So if people can't afford rent and food where do they go for their money then?

They should give up their 40-a-day smoking habbit and also cancel their sky subscription.

[Prof Prolapse]

anonymous said:

[redacted]

So basically a system is perpetuated whereby low earners rely on benefits as opposed to learning the value of honest work then?

Not really in keeping with the staunch conservative views of this forum is it?

[DSM2]

to3m said:

A 2.5% increase on the wages of the very poorest! At 40 hours a week, this will translate into an extra £25 per month in their pockets. Will this fuel a bout of hyperinflation, like in 1930s Germany? Well... I doubt it.

There are better arguments to be made against the minimum wage than this one...

When the minimum wage was introduced, I was employing over 60 people on very low skilled assembly work. Had been for many years.

Mainly women, many with young kids, and though the pay was low the terms were good. Flexible hours to fit in with kids at school, seated work, no pressure. A great bunch of friends and workmates.

After 4 years, despite significant increases in productivity, we couldn't compete with our new EU cousins from Eastern Europe. Sales plummetted as did the jobs until I sourced my product from Eastern Europe and stopped production in the UK altogether.

I still see my ex-employees occasionally and we always have a laugh remembering the 'good old days'. Most of them don't work any more, they don't have usable skills and no-one will pay even the MW for what they can offer.

Our old building will be a care home next year.

Don't try to tell me the MW was a good thing.

Edited by DSM2 on Friday 30th September 14:10

[Digga]

DSM2 said:

When the minimum wage was introduced, I was employing over 60 people on very low skilled assembly work. Had ben for many years.

Mainly women, many with young kids, and though the pay was low the terms were good. flexible hours top fit in with kids at school, seated work, no pressure. A great bunch of friends and workmates.

After 4 years, despite significant increases in productivity, we couldn't compete with our new EU cousins from Eastern Europe. Sales plummetted as did the jobs until I sourced my product from Eastern europe and stopped production in the UK altogether.

I still see my ex-employees occasionally and we always have a laugh remembering the 'good old days'. Most of them don't work any more, they don't have usable skills and no-one will pay even the MW for what they can offer.

Our old building will be a care home next year.

Don't try to tell me the MW was a good thing.

I have felt for a long time that - for most people on the margins of employability - they would rather die on their feet than live on their knees, but the minimum wage legisaltion has removed any possibility of work for many.

I cannot see how the MW legislation is here, but not in Eastern EU.

[Puggit]

Digga said:

I cannot see how the MW legislation is here, but not in Eastern EU.

For many from the Eastern EU, I understand it isn't here

[DSM2]

to3m said:

A 2.5% increase on the wages of the very poorest! At 40 hours a week, this will translate into an extra £25 per month in their pockets. Will this fuel a bout of hyperinflation, like in 1930s Germany?

The unions are looking for a 25% increase, not 2.5%, which happens tomorrow.

They're out of their tiny minds, they truly are.