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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?." I really don't think it is as simple as that. Do you? | |||
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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?. I really don't think it is as simple as that. Do you?" No but we don't see anything being cut for the rich ones do we?, its mostly for the working people. | |||
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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?. I really don't think it is as simple as that. Do you?No but we don't see anything being cut for the rich ones do we?, its mostly for the working people." Ah, that outdated stuff. Rich people do not work? How about middle-income folk? They work. Is a working person someone who goes down the pit with a pasty? Please move on to this century. | |||
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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?. I really don't think it is as simple as that. Do you?No but we don't see anything being cut for the rich ones do we?, its mostly for the working people. Ah, that outdated stuff. Rich people do not work? How about middle-income folk? They work. Is a working person someone who goes down the pit with a pasty? Please move on to this century." Yes but don't think they get as much taxed on, I know but one thing is for sure it wont look good for the future. | |||
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"Is there a new engine type for aircraft now? I had heard of scram jets but not a bud jet, I wonder if they will take some more money away from scroungers for development in the budget? " When you speak Swedish as well as Shag speaks English, then pick on his spelling. | |||
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"Is there a new engine type for aircraft now? I had heard of scram jets but not a bud jet, I wonder if they will take some more money away from scroungers for development in the budget? When you speak Swedish as well as Shag speaks English, then pick on his spelling." Yes ty and I know, it was basically just a typo as the g is close to the j. | |||
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"Is there a new engine type for aircraft now? I had heard of scram jets but not a bud jet, I wonder if they will take some more money away from scroungers for development in the budget? When you speak Swedish as well as Shag speaks English, then pick on his spelling." Ok då , jag kommer | |||
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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?. I really don't think it is as simple as that. Do you?No but we don't see anything being cut for the rich ones do we?, its mostly for the working people. Ah, that outdated stuff. Rich people do not work? How about middle-income folk? They work. Is a working person someone who goes down the pit with a pasty? Please move on to this century.Yes but don't think they get as much taxed on, I know but one thing is for sure it wont look good for the future." I am middle income and get taxed to buggery. This rich v poor and working-class shite is what brought the labour party to its knees. The vast majority of people in our country work hard. Some through luck or talent earn more than others. Let us scrap this class distinction, please. Can we not refer to generous and stingy people instead? Bill Gates has more money than you could shake a shitty stick at but does he spend it all on himself? Calling yourself working-class is so outdated. It does not work as an excuse, does it? | |||
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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?. I really don't think it is as simple as that. Do you?No but we don't see anything being cut for the rich ones do we?, its mostly for the working people. Ah, that outdated stuff. Rich people do not work? How about middle-income folk? They work. Is a working person someone who goes down the pit with a pasty? Please move on to this century." I agree. I'm not rich (in fact I'm on extremely low income at present) but I really have a problem with the phrase 'getting the rich to pay their share' Let's look at it shall we. They already pay MORE than their share. A fair system for all would be if we ALL paid EXACTLY the same rate of tax. But no. Those on higher incomes can afford to pay more, and so, above a certain income level, they are taxed at a higher rate. I actually thought about comparing our income tax system to a Lottery syndicate. In a syndicate of, say 10 people, everybody pays £2 each - regardless of what they earn. That's fair. Right? If the syndicate wins, they each get an equal share of the win. Again, fair. Now look at income tax. If you earn less than £10,600, you pay NOTHING in income tax. Here's where you buy your 'ticket' Between £10,600 and £43K (ish) you pay 20% tax (but nothing on the first £10,600) Above the £43K (ish) level, you pay 40% on anything you earn above that level. At £150,000, you pay 45% on anything above £150K BUT - When your income reaches £100,000, you start to lose your tax free allowance at a rate of £1 for every £2 earned above £100K So anyone earning £121,000 or more gets ZERO tax free allowance. That means they pay income tax on their ENTIRE earnings. Now let's look at the 'winnings' Everybody in the country is entitled to free health care under the NHS. Free education for their children etc - regardless of their income. And here's the cherry on the cake. A large majority of higher earners probably have private health insurance and educate their kids at Public school So - in essence they are opting out of part of their winnings. Now, please remind me how the rich are not paying their share | |||
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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?. I really don't think it is as simple as that. Do you?No but we don't see anything being cut for the rich ones do we?, its mostly for the working people. Ah, that outdated stuff. Rich people do not work? How about middle-income folk? They work. Is a working person someone who goes down the pit with a pasty? Please move on to this century. I agree. I'm not rich (in fact I'm on extremely low income at present) but I really have a problem with the phrase 'getting the rich to pay their share' Let's look at it shall we. They already pay MORE than their share. A fair system for all would be if we ALL paid EXACTLY the same rate of tax. But no. Those on higher incomes can afford to pay more, and so, above a certain income level, they are taxed at a higher rate. I actually thought about comparing our income tax system to a Lottery syndicate. In a syndicate of, say 10 people, everybody pays £2 each - regardless of what they earn. That's fair. Right? If the syndicate wins, they each get an equal share of the win. Again, fair. Now look at income tax. If you earn less than £10,600, you pay NOTHING in income tax. Here's where you buy your 'ticket' Between £10,600 and £43K (ish) you pay 20% tax (but nothing on the first £10,600) Above the £43K (ish) level, you pay 40% on anything you earn above that level. At £150,000, you pay 45% on anything above £150K BUT - When your income reaches £100,000, you start to lose your tax free allowance at a rate of £1 for every £2 earned above £100K So anyone earning £121,000 or more gets ZERO tax free allowance. That means they pay income tax on their ENTIRE earnings. Now let's look at the 'winnings' Everybody in the country is entitled to free health care under the NHS. Free education for their children etc - regardless of their income. And here's the cherry on the cake. A large majority of higher earners probably have private health insurance and educate their kids at Public school So - in essence they are opting out of part of their winnings. Now, please remind me how the rich are not paying their share" | |||
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"What would you suggest should be cut for the 'rich'? They don't use the same services as the 'poor'. I do have thoughts that the state pension, fuel allowance etc for people over a certain income should be done away with. But have also heard that this would cost more to implement than it would save. Besides there is an argument that they have paid in, so why shouldn't they receive. Besides which the vast majority have jobs and an income, unlike some. Never been keen on the politics of envy. " There is a problem though in the disparity between the income and wealth being accrued by those at the top compared with those at the bottom. It causes great envy because no-one is being honest about the cause. The reality is that in a globalised economy there is little value in a poorly educated person with no skills. YEs, this could be crouched in a "nice" inoffensive English way - but the fact is still the same. The days of mass labour are gone forever in this country and so as a result, those with skills, experience and talent are going to do better by a disproportionate amount than those with no skills. Not much will change until such time as parents (and people generally) wake up to the fact that they have to be able to give something good to get something good back in return. Education and skills are what provides financial reward and as long as parents continue to accept educational mediocrity and students would rather do media studies than train to be an electrician or a plumber we will continue to have too many people at the bottom feeling that they are being poorly paid. A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. | |||
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"What would you suggest should be cut for the 'rich'? They don't use the same services as the 'poor'. I do have thoughts that the state pension, fuel allowance etc for people over a certain income should be done away with. But have also heard that this would cost more to implement than it would save. Besides there is an argument that they have paid in, so why shouldn't they receive. Besides which the vast majority have jobs and an income, unlike some. Never been keen on the politics of envy. There is a problem though in the disparity between the income and wealth being accrued by those at the top compared with those at the bottom. It causes great envy because no-one is being honest about the cause. The reality is that in a globalised economy there is little value in a poorly educated person with no skills. YEs, this could be crouched in a "nice" inoffensive English way - but the fact is still the same. The days of mass labour are gone forever in this country and so as a result, those with skills, experience and talent are going to do better by a disproportionate amount than those with no skills. Not much will change until such time as parents (and people generally) wake up to the fact that they have to be able to give something good to get something good back in return. Education and skills are what provides financial reward and as long as parents continue to accept educational mediocrity and students would rather do media studies than train to be an electrician or a plumber we will continue to have too many people at the bottom feeling that they are being poorly paid. A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. " And is an electrician or a plumber upper, middle or lower class? Who cares. They work and earn. | |||
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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?. I really don't think it is as simple as that. Do you?No but we don't see anything being cut for the rich ones do we?, its mostly for the working people. Ah, that outdated stuff. Rich people do not work? How about middle-income folk? They work. Is a working person someone who goes down the pit with a pasty? Please move on to this century.Yes but don't think they get as much taxed on, I know but one thing is for sure it wont look good for the future. I am middle income and get taxed to buggery. This rich v poor and working-class shite is what brought the labour party to its knees. The vast majority of people in our country work hard. Some through luck or talent earn more than others. Let us scrap this class distinction, please. Can we not refer to generous and stingy people instead? Bill Gates has more money than you could shake a shitty stick at but does he spend it all on himself? Calling yourself working-class is so outdated. It does not work as an excuse, does it?" I know bill spends it all on himself I recon to. Its not an excuse calling urself an working class. I meant as in general those with benefits will have it harder time with cameron in the seat as they got their ideas to cut it down to bare minimum. | |||
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".............. A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. And is an electrician or a plumber upper, middle or lower class? Who cares. They work and earn." Exactly. The point being that you will work, earn and not feel oppressed or "poor" if you lift yourself out of the level of poor education/no skills. There is no "class" about it. It is about doing the right thing to look after yourself and your family. In my opinion, the only way to do that reliably and consistently from this point forward is to get a skill - be better. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. " My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value." And what has he done about it since? Still blaming someone else? Sorry but that is just not on. Who decides his worth? If he is good he will ALWAYS be in work if he has a skill that is in demand. | |||
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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?. I really don't think it is as simple as that. Do you?No but we don't see anything being cut for the rich ones do we?, its mostly for the working people. Ah, that outdated stuff. Rich people do not work? How about middle-income folk? They work. Is a working person someone who goes down the pit with a pasty? Please move on to this century.Yes but don't think they get as much taxed on, I know but one thing is for sure it wont look good for the future. I am middle income and get taxed to buggery. This rich v poor and working-class shite is what brought the labour party to its knees. The vast majority of people in our country work hard. Some through luck or talent earn more than others. Let us scrap this class distinction, please. Can we not refer to generous and stingy people instead? Bill Gates has more money than you could shake a shitty stick at but does he spend it all on himself? Calling yourself working-class is so outdated. It does not work as an excuse, does it?" | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value. And what has he done about it since? Still blaming someone else? Sorry but that is just not on. Who decides his worth? If he is good he will ALWAYS be in work if he has a skill that is in demand." I did call him economically illiterate and there is nothing you can do about it. Also, you are not a moderator so don't make the mistake of thinking you have the authority of telling me what I can't write. It's interesting that 99% of the population disagree with me. when did you conduct this imaginary survey. You should not say stupid things like this because it makes you look rather ridiculous. From reading your largely incomprehensible comments, I conclude that it comes rather easy to you. | |||
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"So is uk doomed now as another hippy joined ian Duncan to cut even more benefits and other things? I guess its the golden era for the rich, whats your thoughts?. I really don't think it is as simple as that. Do you?No but we don't see anything being cut for the rich ones do we?, its mostly for the working people. Ah, that outdated stuff. Rich people do not work? How about middle-income folk? They work. Is a working person someone who goes down the pit with a pasty? Please move on to this century. I agree. I'm not rich (in fact I'm on extremely low income at present) but I really have a problem with the phrase 'getting the rich to pay their share' Let's look at it shall we. They already pay MORE than their share. A fair system for all would be if we ALL paid EXACTLY the same rate of tax. But no. Those on higher incomes can afford to pay more, and so, above a certain income level, they are taxed at a higher rate. I actually thought about comparing our income tax system to a Lottery syndicate. In a syndicate of, say 10 people, everybody pays £2 each - regardless of what they earn. That's fair. Right? If the syndicate wins, they each get an equal share of the win. Again, fair. Now look at income tax. If you earn less than £10,600, you pay NOTHING in income tax. Here's where you buy your 'ticket' Between £10,600 and £43K (ish) you pay 20% tax (but nothing on the first £10,600) Above the £43K (ish) level, you pay 40% on anything you earn above that level. At £150,000, you pay 45% on anything above £150K BUT - When your income reaches £100,000, you start to lose your tax free allowance at a rate of £1 for every £2 earned above £100K So anyone earning £121,000 or more gets ZERO tax free allowance. That means they pay income tax on their ENTIRE earnings. Now let's look at the 'winnings' Everybody in the country is entitled to free health care under the NHS. Free education for their children etc - regardless of their income. And here's the cherry on the cake. A large majority of higher earners probably have private health insurance and educate their kids at Public school So - in essence they are opting out of part of their winnings. Now, please remind me how the rich are not paying their share" . Excellent post . One of the best that I have seen on fab. No point in me commentinh as you have covered everything already . | |||
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"Someone earning £20k pays X in tax. Someone earning £30k pays more. What is inequitable in that?" No only do I live near you, I agree with you! If ten people go out to dinner they usually split the bill evenly, ten ways. They don't split the bill with the person earning most that day paying more. We have to stop this ridiculous thinking that the better off need to subsidise the poor. Where then is the incentive in working hard and building a legacy that employs people who then pay tax. I pay NI for 12 people who earn a good living and pay tax because I work my ass off every day to provide them with jobs. I pay 40% income tax on my monthly salary and corporation tax at 20% on profit. It's enough. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value." . This is the effect of supply and demand . No one has an absolute right to a job, you have to sell yourself.. In the past I have travelled up to one hundred miles in order to secure work and where necessary stayed in bed and breakfast . You have to prove yourself in life . | |||
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"Someone earning £20k pays X in tax. Someone earning £30k pays more. What is inequitable in that? No only do I live near you, I agree with you! If ten people go out to dinner they usually split the bill evenly, ten ways. They don't split the bill with the person earning most that day paying more. We have to stop this ridiculous thinking that the better off need to subsidise the poor. Where then is the incentive in working hard and building a legacy that employs people who then pay tax. I pay NI for 12 people who earn a good living and pay tax because I work my ass off every day to provide them with jobs. I pay 40% income tax on my monthly salary and corporation tax at 20% on profit. It's enough. " . Excellent analogy . I don't mind paying my share of tax , but bitterly resent it for those on benefit street . | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value.. This is the effect of supply and demand . No one has an absolute right to a job, you have to sell yourself.. In the past I have travelled up to one hundred miles in order to secure work and where necessary stayed in bed and breakfast . You have to prove yourself in life ." I agree with you. Nobody has the right to a job. I agree with you about supply and demand. However, the bankers don't agree with you because they went bankrupt. In free market system, which they promote, they would have gone bankrupt and lost their jobs. They stopped the free market from working by stealing resources from the British people to support a failed system. The resources should have been allowed to be allocated by the market place to their most product purpose rather than by Government. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value.. This is the effect of supply and demand . No one has an absolute right to a job, you have to sell yourself.. In the past I have travelled up to one hundred miles in order to secure work and where necessary stayed in bed and breakfast . You have to prove yourself in life . I agree with you. Nobody has the right to a job. I agree with you about supply and demand. However, the bankers don't agree with you because they went bankrupt. In free market system, which they promote, they would have gone bankrupt and lost their jobs. They stopped the free market from working by stealing resources from the British people to support a failed system. The resources should have been allowed to be allocated by the market place to their most product purpose rather than by Government." . The bankers have to repay the bailout loans , so I don't think we can say that they stole resources from the British people . The people who lost money were pension funds and share holders . | |||
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"Someone earning £20k pays X in tax. Someone earning £30k pays more. What is inequitable in that? No only do I live near you, I agree with you! If ten people go out to dinner they usually split the bill evenly, ten ways. They don't split the bill with the person earning most that day paying more. We have to stop this ridiculous thinking that the better off need to subsidise the poor. Where then is the incentive in working hard and building a legacy that employs people who then pay tax. I pay NI for 12 people who earn a good living and pay tax because I work my ass off every day to provide them with jobs. I pay 40% income tax on my monthly salary and corporation tax at 20% on profit. It's enough. . Excellent analogy . I don't mind paying my share of tax , but bitterly resent it for those on benefit street . " The people who claim long term benefits should be mobilised into the labour market. It is not fair that they are allowed to manipulate the system. However, the sneaky bankers have stolen more money from the British people than those who unscrupulously play the welfare system. If you want to kick those on benefits street, just remember to kick the bankers. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value. And what has he done about it since? Still blaming someone else? Sorry but that is just not on. Who decides his worth? If he is good he will ALWAYS be in work if he has a skill that is in demand." He's not bothered, it's me moaning about it. I was just saying there's always someone around to undercut your value, and they'll get the job. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value.. This is the effect of supply and demand . No one has an absolute right to a job, you have to sell yourself.. In the past I have travelled up to one hundred miles in order to secure work and where necessary stayed in bed and breakfast . You have to prove yourself in life . I agree with you. Nobody has the right to a job. I agree with you about supply and demand. However, the bankers don't agree with you because they went bankrupt. In free market system, which they promote, they would have gone bankrupt and lost their jobs. They stopped the free market from working by stealing resources from the British people to support a failed system. The resources should have been allowed to be allocated by the market place to their most product purpose rather than by Government.. The bankers have to repay the bailout loans , so I don't think we can say that they stole resources from the British people . The people who lost money were pension funds and share holders ." The British people are the share holders of the banks. The share prices are well below the value which we bought them at. £1 buys you more 25 years ago than it does today. This is because of inflation. If sold the shares today at the price we paid for them then we have lost money because of inflation. Therefore, we have to sell the shares at a price HIGHER than what we paid if we are to get our money back. Realistically, that is not going to happen. The resources have been given to the banks. Therefore, they have been diverted away from other purposes. Only a free market system can allocate resources properly. Interestingly, the bankers promote this thinking, but they don't like it being applied to themselves. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value. And what has he done about it since? Still blaming someone else? Sorry but that is just not on. Who decides his worth? If he is good he will ALWAYS be in work if he has a skill that is in demand. He's not bothered, it's me moaning about it. I was just saying there's always someone around to undercut your value, and they'll get the job." Mass Immigration creates a reserve army of labour i.e. lots of underemployed or unemployed people. An excess supply of labour always creates the conditions for wages to become depressed. This is why big business wants to keep Britain in the EU. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value.. This is the effect of supply and demand . No one has an absolute right to a job, you have to sell yourself.. In the past I have travelled up to one hundred miles in order to secure work and where necessary stayed in bed and breakfast . You have to prove yourself in life . I agree with you. Nobody has the right to a job. I agree with you about supply and demand. However, the bankers don't agree with you because they went bankrupt. In free market system, which they promote, they would have gone bankrupt and lost their jobs. They stopped the free market from working by stealing resources from the British people to support a failed system. The resources should have been allowed to be allocated by the market place to their most product purpose rather than by Government.. The bankers have to repay the bailout loans , so I don't think we can say that they stole resources from the British people . The people who lost money were pension funds and share holders . The British people are the share holders of the banks. The share prices are well below the value which we bought them at. £1 buys you more 25 years ago than it does today. This is because of inflation. If sold the shares today at the price we paid for them then we have lost money because of inflation. Therefore, we have to sell the shares at a price HIGHER than what we paid if we are to get our money back. Realistically, that is not going to happen. The resources have been given to the banks. Therefore, they have been diverted away from other purposes. Only a free market system can allocate resources properly. Interestingly, the bankers promote this thinking, but they don't like it being applied to themselves." . I did not think that we bought shares in the bank . What the tax payer supplied was bailout funds which will eventually be repaid by the sale of shares . The losses have be suffered by the share holders , not the taxpayers who will recover their money eventually . | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value.. This is the effect of supply and demand . No one has an absolute right to a job, you have to sell yourself.. In the past I have travelled up to one hundred miles in order to secure work and where necessary stayed in bed and breakfast . You have to prove yourself in life . I agree with you. Nobody has the right to a job. I agree with you about supply and demand. However, the bankers don't agree with you because they went bankrupt. In free market system, which they promote, they would have gone bankrupt and lost their jobs. They stopped the free market from working by stealing resources from the British people to support a failed system. The resources should have been allowed to be allocated by the market place to their most product purpose rather than by Government.. The bankers have to repay the bailout loans , so I don't think we can say that they stole resources from the British people . The people who lost money were pension funds and share holders . The British people are the share holders of the banks. The share prices are well below the value which we bought them at. £1 buys you more 25 years ago than it does today. This is because of inflation. If sold the shares today at the price we paid for them then we have lost money because of inflation. Therefore, we have to sell the shares at a price HIGHER than what we paid if we are to get our money back. Realistically, that is not going to happen. The resources have been given to the banks. Therefore, they have been diverted away from other purposes. Only a free market system can allocate resources properly. Interestingly, the bankers promote this thinking, but they don't like it being applied to themselves.. I did not think that we bought shares in the bank . What the tax payer supplied was bailout funds which will eventually be repaid by the sale of shares . The losses have be suffered by the share holders , not the taxpayers who will recover their money eventually ." At the start the banks were provided with liquidity. I strongly recommend that you read up on this. The British taxpayer bought shares in these banks to recapitalise them. The share price of the shares are well below what we paid for them. The nationalisation of the banks will be like every other nationalisation conducted by a British Government: we will lose money. Look at the sale of the royal mail and the sale of the Utilities in the 1980's. We lost money every time. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value. And what has he done about it since? Still blaming someone else? Sorry but that is just not on. Who decides his worth? If he is good he will ALWAYS be in work if he has a skill that is in demand. He's not bothered, it's me moaning about it. I was just saying there's always someone around to undercut your value, and they'll get the job. Mass Immigration creates a reserve army of labour i.e. lots of underemployed or unemployed people. An excess supply of labour always creates the conditions for wages to become depressed. This is why big business wants to keep Britain in the EU." I think we can stay in the EU, just make it so that immigrants are entitled to minimum wage. I do believe in proletarian internationalism. | |||
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"A building site near us is full of Spanish electricians. It is a big brown field development of new build housing and seemingly they can't get any more than a handful of local lads to do an apprenticeship to be an electrician. Go figure. My son spent years doing an apprenticeship, only to have the actual jobs available to workers who would undercut his financial value. And what has he done about it since? Still blaming someone else? Sorry but that is just not on. Who decides his worth? If he is good he will ALWAYS be in work if he has a skill that is in demand. He's not bothered, it's me moaning about it. I was just saying there's always someone around to undercut your value, and they'll get the job. Mass Immigration creates a reserve army of labour i.e. lots of underemployed or unemployed people. An excess supply of labour always creates the conditions for wages to become depressed. This is why big business wants to keep Britain in the EU. I think we can stay in the EU, just make it so that immigrants are entitled to minimum wage. I do believe in proletarian internationalism." Everyone that works in the UK is legally entitled to the minimum wage. Unfortunately, because of an excess supply of labour from the EU, the minimum wage is now the maximum wage for many people. Immigration can be very productive, look at Australia. However, like Australia, it has to be managed and that cannot happen with this country remaining in the EU. | |||
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