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#31 |
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Do you not understand how the concept of a living wage works? The idea is you set a minimum wage that must be paid by businesses and then set a minimum annual income that's required to meet all the necessities of living. If someone doesn't earn enough to meet the living wage then the government tops up their income to that level.
The minimum wage is a failure because it fails to account for part time and seasonal workers as well as ignoring regional differences in living costs (especially in London). As it stands, the majority of businesses can afford to stomach a £1 increase in the minimum wage. Opposition is mostly being headed by the large businesses who stand to lose the most money, not because their income will decline but because the executives will have to tolerate reductions in expenses and bonuses. That so many people are willing to cheat themselves out of a better life because of the hideous propaganda and talking points pushed out by the Tories and the rich is just depressing. |
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#32 |
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Just to add, foreign companies call our country the money pit cos they make all their profits here while paying peanuts to the poor souls manufacturing their products for them, import duty would sort that out, bring back trade here and we could become more self sufficient.
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#33 |
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Vote BNP/IPUK anyone but the main 3 if you want this to change.
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#34 | |
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If you increase import duties then it won't spur a resurgence of manufacturing in the UK because you've managed to increase the cost of raw materials that manufacturers need. On top of that, it encourages retaliatory tariffs overseas and throttles global trade, which is, funnily enough, what tipped a recession into depression in the 20s. More to the point, why do we need a rise in manufacturing industries in the UK? They actually earn less money than service-based industries and contribute less to the GDP. Just accept it - Britain has, like most of the developed world, transitioned from a manufacturing to a service economy. |
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#35 | ||
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#36 | |
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It also means, no output, no income and no company. This leads to unemployment, more benfits being paid for by less people in work via the tax system. And so on. The minimum wage was a great idea in prosperous times. You also need to remember that the majority of people in work at the moment are employed in SMEs...... the very companies that are struggling to stay afloat at the moment. |
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#37 | |
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Shame really as a lot of their proposed policies I agree with, although I am not silly enough to believe they are not a friendly front for their real agendas.
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#38 |
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The story is an advert for a lady-brain-rot pink-top magazine. It's meant to rile you.
£42k for 10 people is a pretty dire situation, never mind having a munter of a wife. |
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#39 |
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If British manufacturing has been written off as not economicly feasable in the modern world why is it that Germany,France and even Italy still have their huge manufacturing base and many other European countries do too?They tend to have a higher standard of living than us too,and strong trade unions and better healthcare.What went wrong here?
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#40 | ||
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Also your argument that increasing the minimum wage results in job losses has been disproven time and time again by history. The only small employers that lose out when the minimum wage goes up are those that were on the verge of being financially unsustainable and would have eventually gone out of business with a rise in inflation anyway. Quote:
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