Public Sector Strike(s)

Phil3822

I am in general against strike action as I think we all have a social responsibility to save money during difficult times however I do find the negative views of many on here with regards to public sector workers (essential public sector workers that is) disappointing at best.

There seemed much less back lash reference the banking crisis where the Government financed a bank bailout (deficit) that is 6.5 times bigger than our own national deficit. The value of the bank bailout was £955 billion. The bank deficit as a percentage of GDP is 100%.

The cost of financing the banking deficit is/was £5 billion per year and still they take obscene bonuses. The banking sector crisis was a private hash up which cost the economy greatly. Such people should be held accountable.

I agree with other comments about this should not be about a race to the bottom.

Catslovelycats

What a lot of ill-feeling! I'm a teacher and not striking tomorrow and resent being told by one poster that I should "rot".
I stopped reading this thread at that point, so if anyone else wants to post something obnoxious towards me, I shan't see it, so save your energy.

OptionARMAGEDDON

grizzly1911 wrote: »

Perhaps we should cull the boomers and beyond and "burn" all their money with them.

That would leave you free to create your own warped utopia.

Don't forget that wealth will trickle down, taxed and spent eventually.

how does it trickle down when its getting spent on 5 star holidays around the globe?

why should money be spent to prolong life past the age of 70 for example? this is a good example where paliative care rather than cure should be offered. the lifeboat is going to sink if we dont throw the unproductive over the side.

JustinCredibleGillespie

Just because we're on strike doesn't mean we have to be out in the cold picketing:rotfl::rotfl::rotfl:

All for one & one for all. :T

thorsoak

Do you remember when Teachers, Lecturers, Policemen, Police staff, Ambulance staff, Nurses, Midwives, Doctors, Social Workers and Fireman crashed the stock market, wiped out Banks, took billions in bonuses and paid no tax?

No? Me neither.

grizzly1911

julieq wrote: »

£4.5B bonus pot is good news, means £1.8B in income tax, and means it's more likely the bailouts won't cost us anything.

Profits from public sector replacement is also good news. Will go to investors. Pension funds.

There's a classic PR trick done where someone shows a hospital porter on £12K a year and then puts in the entire cost of the bank bonus system (which is a form of deferred salary based on performance, would be a GREAT idea in the public sector) next to it to show how the evil bankers rape the country. So stand up the salary and bonus of a successful investment banker who is generating large profits for pension funds against the cost of the NHS, and you'll see it's not that much. Put the entire income tax and NI bill for UK based banks together and you'll see an enormous net benefit. This banker bashing for political reasons is insane.

I doubt that much tax will be paid, certainly not by the high earners. They may have been caught once by labour can't see they would get caught again so easily.

Don't dispute the banks pay high NI and employees get taxed and pay NI too. Corporation tax is somewhat shy of fair in relation to amount and no doubt one of the reasons for forced NI contributions.

Perhaps the Bankers would show more contrition if their contracted deferred pay were unilaterally reduced by Government intravention, in the same way they are effectively doing to the public sector.After all my own pension and investments have been reduced by their actions and i am sure I am not alone.

IMO many of the top packages are obscene

Bankers play a vital part in society if they are controlled, but they are currently out of control IMO with a State Guarantee. After all my own pension and investments have been reduced by their actions.

For general employees of banks their T&Cs are often pretty basic. At least their chiefs managed down their pay and rewards gradually over a period of years. For instance bringing in a bonus structure that replaced some basic pay, lowering the then pension liability whilst at the same time allowing able staff to still earn a fair total salary.

Who would I prefer to share a brew with, Porter or Bob diamond - let me think

ruggedtoast

The pin striped piggies will fight to keep their snouts in the trough. Oink oink oink and they will blame the low paid public sector workers for the fact they have eaten all the gruel but that WON'T WASH ANY LONGER.

grizzly1911

OptionARMAGEDDON wrote: »

Erm, the armed forces? Didnt you hear, the military are taking over border control?

So its OK to pay for the armed forces then, we're allowed to keep them?

Old_Slaphead

ruggedtoast wrote: »

The pin striped piggies will fight to keep their snouts in the trough. Oink oink oink and they will blame the low paid public sector workers for the fact they have eaten all the gruel but that WON'T WASH ANY LONGER.

Thought all the low paid public jobs had now been outsourced - well that's the reason being given for the fact that public sector now receive much greater remuneration than private sector.

OptionARMAGEDDON

Do you remember when Teachers, Lecturers, Policemen, Police staff, Ambulance staff, Nurses, Midwives, Doctors, Social Workers and Fireman crashed the stock market, wiped out Banks, took billions in bonuses and paid no tax?

No? Me neither.

I do. through wholesale unwarranted increases in public sector budgets, inflation busting pay rises and rediculous socialist utopia benefits that now leave a legacy of a deficit from hell. If we hadnt p1ssed so much on the public sector, we wouldnt have such a hideous deficit would we?

Not to mention every homeowner lAuding 20% rises in property per year with no understanding that one day they would have to pay for it! the banks didnt force anyone to sign for a mortgage. Idiots wanting a free ride (like the public sector do now) just didnt understand how distructive their behaviour was, that includes expecting final salary pensions on private sector levels of pay!