Bodicoteblue
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Oh come on…..everyone knows it will take 50 years to work properly (or has that figure been revised as well?
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How do we resolve the Brexit mess?
- Thread starter Magicpole
- Start date
bluethrunthru
Well-Known Member
Oh come on…..everyone knows it will take 50 years to work properly (or has that figure been revised as well?
Reet-Smug said that it could take 50 years - its his bitter bequest to Sixtus
bluethrunthru
Well-Known Member
Iceland
bluethrunthru
Well-Known Member
wasn't this guy formerly an entertainment reporter for a newspaper? How do these people just get shoehorned into what should be serious journalist's job? Are they cheap?
Bodicoteblue
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- 23 Apr 2012
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Iceland
CEO Iceland wanted to take back control.
I wonder how he feels about taking back some sausages?
bluethrunthru
Well-Known Member
If Brexit led to increased labour costs then we can at least put that down in the positive column. "Labour costs" is one of those fun euphemisms. He means "wages". So he's complaining that wages have gone up.
Which they should be doing.
Which they should be doing.
bluethrunthru
Well-Known Member
If Brexit led to increased labour costs then we can at least put that down in the positive column. "Labour costs" is one of those fun euphemisms. He means "wages". So he's complaining that wages have gone up.
Which they should be doing.
Not in real terms - if inflation is 10% and you get a 5% pay raise thats still the equivalent of a 5% paycut and current food inflation is near 20%
BrianW
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- There's Only One City
As I have mentioned before, low unemployment means higher inflation. Just a fact under capitalism. That is why we have been importing labour since the 1950s because keeping inflation low is seen as more important than full employment.
It is hard to argue against this because high inflation is hardly ever matched by wage growth and the poorest with the least leverage suffer most. Therefore high inflation is very bad news for the poor. (It's bad news for almost everyone, but the poor have the least protection.)
Where I go against the Tory/Daily Mail view is that if you accept that a degree of unemployment is necessary to make capitalism work properly, then you need to treat the unemployed decently and not make out they are idle scum. It is not, primarily, a situation of their making. If you want a society where everyone works you need to change to a socialist model and accept the consequences of that, which include economic inefficiency and over-manning.
It is hard to argue against this because high inflation is hardly ever matched by wage growth and the poorest with the least leverage suffer most. Therefore high inflation is very bad news for the poor. (It's bad news for almost everyone, but the poor have the least protection.)
Where I go against the Tory/Daily Mail view is that if you accept that a degree of unemployment is necessary to make capitalism work properly, then you need to treat the unemployed decently and not make out they are idle scum. It is not, primarily, a situation of their making. If you want a society where everyone works you need to change to a socialist model and accept the consequences of that, which include economic inefficiency and over-manning.