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Yes. Unless it’s of national importance then the govt should step in and it should be non profit. You’re using the same argument as Union leaders who don’t want automation. Why should workers accept reduced remuneration and not other suppliers? Let me put it another way, if a company can’t...

If a business is no longer profitable then why should workers subsidise it? Lots of industries die because they’re no longer economical. The trick is finding and supporting ones that are.

The argument is you’ll have to increase prices to pay the wages. They did analysis on Big Macs that a 100% wage rise would lead to a 4.3% price increase. Obviously different industries would be different. https://okpolicy.org/the-cheeseburger-economics-of-the-minimum-wage/

He’s still on the contract he signed when he signed for us so unless it was loaded with performance and yearly increases probably not that bad.

Not just a service economy but a consumer spending economy. Restricting wages is like selling your car to save on petrol then having to lose your job cos you can’t get there.

Higher prices come from supply chain not workers though. Covid and oil more to blame than Dave in the warehouse.

Are wages 100% of business costs?

NL v England final still on :D

Woooooo!

ajmo hrvatska

Car industry got fucked by Japanese industry practices IIRC. There’s definitely an issue with unions needlessly blocking working practice improvements. But equally there’s an issue with non unionised staff not getting paid properly. I think it’s the Germans (usually is with this stuff) that...

I was thinking more health and safety and inclusion and working practices than financial regulation but yea I’d agree

Just read the social market bit and it’s pretty close to my own beliefs TBH. My point about wage inflation was more it doesn’t really apply in public sector as wages are centrally determined and there’s less competition. There’s a reason my wage has risen quickly since I moved to industry and...

If we can bring in two or three and hold everyone we’ve got I’d be ecstatic TBH.

Good old Clive asking the same question in fifteen different ways.

I’m more up for it than the England game. Not bothered about the off field stuff, it’s mostly noise. Robins words about Vik today give me hope of a decent window. Just hope we carry on how we left off.

Oh is that what we were supposed to glean from that? I thought he was promoting radical feminism

This is a pretty good summation of the strikes

Yeah for all Eccles faults, I actually like him in the final third more. He’s not as exciting but his pass selection tends to be good. Is still like a new RWB in Jan, but I’m less bothered about Dabo being out now than I was initially.

The 70s mostly happened because of supply side shocks in oil again and a few other things. But I’m really not sure what you mean by wage inflation. Nurses aren’t asking for more money because they can due to reduced supply, they’re asking because their wages have been cut the last decade. You...