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Post by pcpa on Dec 14, 2022 20:49:40 GMT 1
annual inflation caused by the worst government in our time. The unions involved have taken a democratic vote to withhold their labour If the government is responsable for the inflation then what about the inflation in all the other EU countries, is the UK government to blame, their government or could it perhaps be something else? Are democratic wage increases not inflationary?
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Post by flober on Dec 14, 2022 21:00:56 GMT 1
while company profits continue to soar and management pay increases and bonuses far outstrip the limits placed on the workforce,can you blame the majority from asking for a share?
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Post by omegal on Dec 14, 2022 21:15:49 GMT 1
annual inflation caused by the worst government in our time. The unions involved have taken a democratic vote to withhold their labour If the government is responsable for the inflation then what about the inflation in all the other EU countries, is the UK government to blame, their government or could it perhaps be something else? Are democratic wage increases not inflationary? Of course governments are the main responsibility for inflation, The chancellor has his hand, supposedly, on how his budgets provide for non or low inflation. Decent wages are what every worker needs and requires, if it continues to fall well behind inflation, then their needs must be met and no, it is not proven with any definitive certainty, as economists note that when minimum wages have been raised historically, inflation did not follow. So I would surmise that offering workers a decent wage to be able to live on is no certainty to raise inflation but of course the Tory government would insist it would......
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Post by woolybanana on Dec 14, 2022 21:32:28 GMT 1
I suspect that most rail workers are that badly paid that they can only afford one holiday abroad a year.🤪
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exile
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Massif Central
Posts: 2,682
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Post by exile on Dec 14, 2022 22:14:48 GMT 1
I rather doubt that Wooly. You probably think they are all well paid train drivers but RMT covers people who go out in all weathers and visually inspect track, tighten bolts and hammering home loose clips; people who in the middle of the night clean out carriages from the dross deposited by so called civilised passengers; clean stations inside and out etc.
I can assure you that these are very close to minimum wage jobs and there are far more of such workers than drivers.
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Post by woolybanana on Dec 14, 2022 22:48:28 GMT 1
I was being ironic, exile.
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Post by glazedallover on Dec 14, 2022 22:57:44 GMT 1
Tons of bad language but sod it. Its relevant
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Post by tim17 on Dec 15, 2022 7:57:10 GMT 1
I think there is now no choice but to bring the whole of the rail industry into public control and just accept that it will be heavily subsidised, the same with Royal Mail.
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Post by flober on Dec 15, 2022 8:05:33 GMT 1
with no compensation?
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Post by tim17 on Dec 15, 2022 9:35:32 GMT 1
The government will have to refund shareholders somehow which obviously comes at a huge cost.
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Nifty
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Post by Nifty on Dec 15, 2022 9:47:37 GMT 1
The government will have to refund shareholders somehow which obviously comes at a huge cost. Simples. Print more money.
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Post by tim17 on Dec 15, 2022 10:25:47 GMT 1
The government will have to refund shareholders somehow which obviously comes at a huge cost. Simples. Print more money. The only solution to fund increased public sector pay and more investment in public services is to raise taxes or borrow heavily, it's really not rocket science. Of course you can look to save money by cutting out wastage or by streamlining services but in reality that won't get to the tens of billions extra that are needed annually to cut hospital waiting lists or alleviate bed shortages. There are other major issues that contribute to the crazy public spending on the NHS and the benefit system such as the general poor health of the public and a huge shortage of social housing but they will take decades to sort out, increasing pay and improving working conditions immediately will at least stop the flood of people leaving the healthcare system fairly quickly.
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Nifty
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Post by Nifty on Dec 15, 2022 10:40:00 GMT 1
and, why will the government have to refund shareholders ?
If I was to back a horse and it never made it round the track and went to the bookie to demanded my money back, I am sure that he would have something to say about it.
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Post by flober on Dec 15, 2022 10:40:35 GMT 1
The government will have to refund shareholders somehow which obviously comes at a huge cost. A compensation very limited .With a proviso that the said companies are never returned to the private secter under any circumstances.
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exile
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Massif Central
Posts: 2,682
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Post by exile on Dec 15, 2022 11:01:50 GMT 1
Remember that these companies are just franchises with a limited life. So return to public control when the franchise runs out or if there is serious default of the franchise. It happened with LNER. It should probably already have happened with Avanti.
Further also remember that many (quite possibly all) companies already receive tax payers' money to run "social" services.
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