The Brew Cabin

Posted: **Thu Dec 01, 2011 8:26 pm**

wages going down to create more employment giles ...... it might create more employment . only problem with that idea is that everything else is rising petrol , food , rent etc.force more people to say feck it , not worth working anymore i'm better off on the rock n roll . back to the black economy days of maggies era.

Posted: **Thu Dec 01, 2011 8:36 pm**

n Germany you will expect to retire on over 50% of your final slary, up to 80% for professionals like teachers . The question really ,'Why are we trying to downgrade the public sector, and not upgrading private
pensions'

.....and before anyone says 'there's no money' heres a copy / paste:

But the biggest scandal of all is the fact that Cyprus, Latvia and Estonia are the only countries in Europe where there are more pensioners who live in poverty than in the UK. France spends more than twice as much on pensions as the UK, Germany two-thirds more. The main reason for this is the pathetically meagre UK state pension, which, at just 17% of average earnings, is the lowest in Europe. Simply raising this to the EU average of 57% would bring it up to the minimum acceptable income level and render irrelevant the proposed public sector pension reforms. So anyone who says that decent pensions are unaffordable is either very stupid or lying through their teeth.

Posted: **Thu Dec 01, 2011 8:53 pm**

ilovesettsonmondays wrote:wages going down to create more employment giles ...... it might create more employment . only problem with that idea is that everything else is rising petrol , food , rent etc.force more people to say feck it , not worth working anymore i'm better off on the rock n roll . back to the black economy days of maggies era.

exactly the supply and demand model is a pure model which relies on no interference which is unrealistic i.e petrol etc would set its own market price as would labour. it works at the higher end footballers is a demand driven market hence the wages they can demand. labouring is supply driven hence low wages.

one thing is for sure we cant go on borrowing to have a false sense of success, labout screwed us over big time and its steadily being switched to the bankers but history doesnt lie, labour cant manage an economy, tories cant be trusted to run teh public sector, till we loose the tribal politics and get a more representative politcal system it be same old same old. talking 2015-16 till its picking up

be 33 by then

old man

haha

Posted: **Thu Dec 01, 2011 9:04 pm**

The main drivers of all these problems are what people have been saying for years.....we have offshored most of our production, we have huge numbers of immigrants undercutting our own workforce esp in agriculture, we import too much, export too little, have too much reliance on financial services and have all come to believe that the debt fuelled global boom was the new "normality".

The public sector was expanded using borrowed money to mask the structural problems in our economy that have been talked/moaned about for years.

The UK is now a banana republic....with no bananas.

Posted: **Thu Dec 01, 2011 9:38 pm**

tenerife full of them parish .the difference with the last recession was imigration wasnt a problem .our ea
stern european friends are driving wages down on their own.except the albanians give them their due.maybe we should take a leaf out of our little islands books.worked in channel isles a few years .everyone had to have a housing licence to live there .it could be cancelled anytime . the states of the baliwick did this when unemployment started rising over wait for it

150 people plus .

. 65,000 live there. they would say stop his licence a local can do his job. only difference is they aint in the e.u

Posted: **Thu Dec 01, 2011 9:40 pm**

2015 giles , you'll be a top wedding photographer by then , feck this working hard for a living .

Posted: **Thu Dec 01, 2011 11:56 pm**

we spend 2.7% of GDP on our armed forces
germany spends 1.4% (mainly on beer i guess)
thats nearly double
LLL

Posted: **Fri Dec 02, 2011 8:43 am**

GB_Groundworks wrote:sean yeah first recesion but watched my dad go through the other one, but i studied economics and politics upto A level and have a very good grasp. wages are a market determined force following a supply and demand curve, albeit now with artificial restrictions like legislation ie minimum wage. if wages could be lowered then likely emplyment would increase as ppl would be willing to employ more ppl at a lower wage, weve got it into our head how special we are and expect Â£120 a day what ever. ive been labouring this week as had no work and got bills to pay so ive been on Â£60 a day but its work not sat at home.

they arent having their pension stripped they are being asked to contribute more to their own pension. these final salary schemes for midly of the rd public servants and unsustainable, what do you want us to do sean just keep borrowing and borrowing to live a lie? leave it to the kids and grandkids to pay off so we can have a good time?

I studied hardship, by first hand experience. Ok your working for Â£60 for a week but you will be taking the higher wage as soon as you can, because you live to your means. I was on strike back in the seventies to get Â£1 an hour. Wages have obviously risen since then and i was on a good wage, able to pay the mortgage, have an holiday etc: My wages have dropped 3 times over the last 3 years, a big lump to lose and now they want to up my wifes contribution a further Â£150 a month for a reduced payout when she retires. So we are down about Â£500 a month, that's without taking the cost of living into account. You, with the likes of the super rich conservatives aren't in touch with the real world, i bet you don't know what it's like to go hungry.Most people won't take the poor paid jobs, so lowering wages even more would see more people on the dole, not less. Typical of Pablo to start a fight and f**k off :;):

Posted: **Fri Dec 02, 2011 10:46 am**

Stories like this should fan the flames nicely.

Daily Wail

Posted: **Fri Dec 02, 2011 12:16 pm**

Why didnt all you old skool guys put your money in property instead of relying on a pension scheme? Pretty certain that at 33 there wont be a pension for me when im older. All my spare cash goes in to saving deposits for buy to lets, a little risky but i have a small pot to cover empty properties, and the way people are flooding here we are not loosing population.

Im not trying to offend anyone but working in construction trades i thought we were all doing the same thing? Most of my trade clients are doing it

Posted: **Fri Dec 02, 2011 2:26 pm**

Good idea

Or maybe not

Posted: **Fri Dec 02, 2011 2:46 pm**

Pp those landlords are looking for short term return, maybe 7%, im looking for other people to pay a mortgage for me over 25 yrs so that when paid the rent is all profit, right now im happy if i make zero profit, consider that less and less younger generations are now able to buy and have to rent. plus its fair to say that rent will always be around 1/3rd of an average pay packet so three properties should keep me comfortable until i die amd leave my kids a nice little inheritance. Surely thats got to beat a pension handsdown what ever way you look at it.

Posted: **Fri Dec 02, 2011 3:36 pm**

might as well join in, the thing that annoys me is that the public sector workers feel it is their god given right to retire on a final salary gold plated pension at 55 paid for by the private sector.
my arse it is, and too be blunt I think they should be grateful at the small amount of extra money they are being asked to contribute to their pension, after all it is their gold plated pension when the private sector worker is suffering in this recession as in all recessions we suffer while the public sector almost doubled under the last government strikes over the pension entitlement we have to pay for.

Posted: **Fri Dec 02, 2011 4:02 pm**

rab1 wrote:might as well join in, the thing that annoys me is that the public sector workers feel it is their god given right to retire on a final salary gold plated pension at 55 paid for by the private sector.
my arse it is, and too be blunt I think they should be grateful at the small amount of extra money they are being asked to contribute to their pension, after all it is their gold plated pension when the private sector worker is suffering in this recession as in all recessions we suffer while the public sector almost doubled under the last government strikes over the pension entitlement we have to pay for.

They were employed under the assumption that they would be given this great pension and the goalposts have now changed. They have a right to be pissed off. Don't get me wrong, we all have to cut back and presumably the government doesn't have the money to pay for the pension but they are entitled to it.
They need to give grandfather rights for the pensions and change it to something more viable asap.
The public sector have chosen to strike too early, and they have just pissed everyone off. If they waited until everybody felt the effects then there would be riots, for now they just sound like self entitled whingers.

Posted: **Fri Dec 02, 2011 4:42 pm**

I know that, just having a rant but under labour the ball changed big time. at one time you worked in the public sector for 25% less than the private sector and you took the hit for that gold plated pension. under labour (blair/brown) the public sector wages were equal to or in most cases higher than the eviliqent private sector pay grade. and in a major recession the twats still strike over how much they have to pay.

Biggest employer in europe is the NHS and guess which one in europe has the highest mortality rate from bacterial infections (dirty hospitals and lack of care).

National union of sheetmetal and boiler makers aged 16 and then amalgamated into the msf now renamed unite. I've been in the union since i was 16 but i feel this strike was just wrong and at the wrong time.

The Brew Cabin

Strike