- Joined
- Dec 26, 2003
- Messages
- 9,353
I'm not a fan of unions but I dont think the Truck drivers got an un-reasonable deal - sounds ok to me.
I dont think its fair to attack people doing real jobs - all the most disgusting raises/pay deals happen at board level and no-one ever says that these will wreck the economy
When prices go up people want more pay just to stand still - this is ok as long as the economy as a whole keeps going.
I must say I'm becoming a little concerned though - the circumstances for a really bad recession seem to be lining up again...
The really bad recessions are always provoked by the Bank of England setting the interest rates high just as the economy is going into slowdown which seems to be happening now.
I personally think it should be cutting the rates - it has no impact on inflation either way at the moment as this is caused by fuel/food commodity rises globally so is beyond its control.
On a more personal level we know 3 people who have been made redundant since the start of the year which makes me even more nervous.
I dont think its fair to attack people doing real jobs - all the most disgusting raises/pay deals happen at board level and no-one ever says that these will wreck the economy
When prices go up people want more pay just to stand still - this is ok as long as the economy as a whole keeps going.
I must say I'm becoming a little concerned though - the circumstances for a really bad recession seem to be lining up again...
The really bad recessions are always provoked by the Bank of England setting the interest rates high just as the economy is going into slowdown which seems to be happening now.
I personally think it should be cutting the rates - it has no impact on inflation either way at the moment as this is caused by fuel/food commodity rises globally so is beyond its control.
On a more personal level we know 3 people who have been made redundant since the start of the year which makes me even more nervous.