Some big company's are stating paying their employees the LIVING WAGE will affect them badly and they will have to put up their prices etc.
All I can say they are (must not swear) rubbish company's.
I rem we had the same ref minimum wage rules.
So when these rubbish companies go broke, they won't be able to pay ANY WAGE. Wages need to be driven by supply and demand, not by each person's need for the latest electronic toys.
Nonsense.People in the 21st Century deserve and need to be paid a decent wage for their labour.
Why should you be paid for something that has no value? Like teaching Pigeon English to a few sweaty dagos.
So when these rubbish companies go broke, they won't be able to pay ANY WAGE. Wages need to be driven by supply and demand, not by each person's need for the latest electronic toys.
The issue here of course is that we have an endless supply of low skilled workers throughout Europe (and beyond) that have kept wages depressed along with the Tax credit system.
So when these rubbish companies go broke, they won't be able to pay ANY WAGE. Wages need to be driven by supply and demand, not by each person's need for the latest electronic toys.
The one thing that will happen is that companies will increase their prices to reflect the increase in salaries this measure will force to happen so all of us (including the minimum wage earners) will pay more for products thereby quickly negating any benefit of increased wages and therefore maintaining the status quo. Seems pointless to me.
Things have changed since Adam Smith's time.
I'm sure you're familiar with the concept of Value added.
Leaving aside the casual racism of your reply, you'll find that most residents of Catalonia consider themselves to be Catalan rather than Spanish, which is what I assume you mean by "sweaty dagos."
In any case, a lot of my teaching these days is at the LFB, preparing (mainly French) teenagers for their Cambridge exams.
These exams certainly have value in the marketplace. They're internationally recognised.
(As it happens, I don't work for minimum/living wage rates.I'm sure you don't either).
I agree, how dare you use casual racism with a phrase like 'sweaty dagos' Rusty, you swine. You 'of course' should have used the phrase 'coloureds' far more acceptable, wouldn't you agree Patriot?
My own "faux pas" was hardly deliberate.Rusty's was intentional.
Indeed it was. I am quite at ease with my own prejudices, whilst you clearly aren't.
It wasn't prejudice, on my part,at all.
Merely "a momentary lapse of reason," while I was multi-tasking, (something I don't do at all well), ie listening to the commentary of one of our games on BP, while replying hurriedly to someone's comment in the politics section of SZ.
Please address some of the substantive issues raised in this thread (eg in posts 7/8) rather than just making asinine comments.
I've never seen you raise a substantive issue. You're not trying to frame the terms of the discussion like your pal A.S.S., are you?
People should be paid a reasonable wage for a days work - that would seem to be a fair expectation. If product prices go up because of that then presumably the were previously underpriced. We are going to pay you a wage you can't live on because if we pay you fairly the product you make will be too expensive for you to buy - doesn't sound that convincing.The one thing that will happen is that companies will increase their prices to reflect the increase in salaries this measure will force to happen so all of us (including the minimum wage earners) will pay more for products thereby quickly negating any benefit of increased wages and therefore maintaining the status quo. Seems pointless to me.