Posted on 01/16/2015 11:05:12 PM PST by Olog-hai
Britain deserves a pay rise, David Cameron said last night.
The Prime Minister said it was time for workers squeezed by years of austerity to get their reward.
It came as official statistics showed falling oil prices and the economic recovery have pushed firms’ profitability to a 16-year high.
Tory strategists hope an economic feel-good factor, buoyed by jobs growth and low inflation, will translate into stronger wage rises by May’s general election.
Asked whether he would encourage firms to pass on windfall profits from falling oil prices to employees, Mr. Cameron, in Washington for talks with Barack Obama, said: “Obviously I want to see companies’ success passed through in terms of wage increases.” …
(Excerpt) Read more at dailymail.co.uk ...
This guy has not a grain of “conservative” in him. He is all liberal.‘Britain deserves a pay rise’: David Cameron calls on businesses to pass on windfall profits to workers
May as well call for a rise of inflation.
Because the workers deserve it.
You first, Mr. Cameron. Don’t do like the American leaders of today, you Sir, should lead from the front!
Take less for the government, Cameron, and you’ll likely watch the market prosper.
Because the workers deserve it.
Well, they do. Like a dog returneth to its vomit, the fools keep electing socialist douchebags like Cameron.
oh, really? I mean, not like the fascist third way of public private partnership is not putting money in the pockets of a few Oligarches...
redistribution hypocrisy for you
A British conservative makes an American liberal look like a Tea Party member.
all the uk businesses tell cameron to cut taxes and give workers a pay raise.
OH FO
THAT AIN’T NO WAY TO RUN A BUSINESS!
Money, so they say, is the root of all evil today. But if you ask for a rise it’s no surprise they’re giving none away.
1 Timothy 6:10 “For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.”
Note that it is NOT money, it is the LOVE of money.
It’s a Pink Floyd song I’m quoting.
If Britain wants a “pay rise” maybe it should stop buying houses and cars for 400 lb behemoths, citizens and foreigners with a dozen kids, etc. and stop giving them more money tax free than a working man with a family gets.
Hey Cameron just get Parliament to make it mandatory that everyone gets paid a minimum of 100 pounds an hour. Problem solved...
He is making a suggestion, and it is sensible advice. If corporations appear to be hugging all the money to themselves despite rising profits and leaving workers struggling to pay the bills, well, you can guess which party they’re going to vote for...
more money = profits
profits = capital
capital = expansion/growth
expansion / growth = more jobs
more jobs = lower unemployment
lower unemployment = higher wages
That's the way it works in the real world...
More like CEOs and board members paying themselves massive bonuses. People have been pissed off with the way the large companies have been behaving since the recession started. People keep saying that the economy has been rising since the tories took over, and they’re right, but workers haven’t been noticing it, because wages haven’t risen in tandem with the improving economy. The big companies have been behaving appallingly. I’m no socialist, but if companies aren’t willing to act with fairness and give fair compensation for people who work for them, they’re going to turn to the Labour party or increasingly, the Greens, whose economically illiterate policies would be to the detriment of everyone, including the workers, but also the companies themselves.
The other argument is that if people have more money in their pockets instead of just trying to make ends meet, they’ll buy more goods and services, thus generating more wealth internally, and allowing people such as myself to start our own little businesses by saving spare money and investing in our own start ups like I have.
Let’s be rational and consistent. The US has experienced a larger than expected tax collection in 2014, (I.E. WINDFALL “PROFIT”)
Let’s increase those refunds, Lois!
Sure there are some bad players out there, but very few overall.
because wages haven’t risen in tandem with the improving economy.
Wages are always lagging indicator...they will eventually rise
The other argument is that if people have more money in their pockets instead of just trying to make ends meet, they’ll buy more goods and services, thus generating more wealth internally,
Though a true statement, wages are driven by market forces,(growth) they are not a zero-sum equation...
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