Public-private wage divide gets 50% wider

Old_Slaphead

Sir_Humphrey wrote: »

If you want a Depression, reducing public spending now would be a good way to get one. Google 'Counter-cyclical fiscal policy'.

Making any distinction between public and private sector in a caveman economy (such as it would be) is meaningless. And if you are over 40, you would likely NOT be here BTW given the life expectancy of cavemen.

It amazes me how few conservatives (small c) fail to read Hobbes nowadays. Life without government is nasty, brutish and short.

Mmmmm, bit touchy today.

It's a discussion board not real life.

Anyway I didn't say life would be nice or we could expect much in the way of longevity (would solve the pension probllem though!) - but the fact remains private would exist without public but not vice versa.....admittedly it wouldn't be the idea scenario.

Old_Slaphead

carolt wrote: »

Yes, thanks for pointing out my error.

Interesting point re minimum wage - I don't know, is my answer to that. You're probably right - probably more minimum wage jobs in the private sector, but also - related, obviously - more entirely unskilled jobs and more tips/bonuses paid to those who do those jobs.

So I don't feel bad about waiters/bar staff on minimum wage, as, with tips their wage is probably as good as many skilled/qualified jobs.

Seems that many employers use tips to make wages up the the princely sum of £5.72ph

http://www.thisismoney.co.uk/news/article.html?in_article_id=475793&in_page_id=2