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Ed Balls pledges to raise taxes if Labour win election
Comments
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grizzly1911 wrote: »How have a few of the better off got better off over time?
Yes there is eduction, hard work, saving, prudence, sensible spending etc.
In many cases it has come as a result of improving the efficiency of business. One of the big "efficiencies" has been in reduction in the pay and benefits of employees.Other being de-skilling through process management, automation and importing cheap labour when we already have high levels of unemployment and underemployment.
Companies have no choice but to do those things & it's right & proper that they should do so, the alternative is they become so uncompetitive they go out of business & everyone loses their job.
The answer is not to force companies to pay high wages etc, it's to create an environment that stimulates new & better job creation so that there are new jobs to replace those lost to automation and higher skilled jobs to replace those that have been de-skilled.
We're competing in a global economy with a bunch of countries many of whom are hungrier than us & prepared to work much harder & for less.0 -
Companies have no choice but to do those things & it's right & proper that they should do so, the alternative is they become so uncompetitive they go out of business & everyone loses their job.
The answer is not to force companies to pay high wages etc, it's to create an environment that stimulates new & better job creation so that there are new jobs to replace those lost to automation and higher skilled jobs to replace those that have been de-skilled.
We're competing in a global economy with a bunch of countries many of whom are hungrier than us & prepared to work much harder & for less.
Don't disagree just need the second para to happen or be honest that we can't have everything as a country across the board."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0
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