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Post by Deleted on Dec 14, 2022 18:59:06 GMT
And many of you pulled the ladder up behind you on the way up. Youngsters don't have access to the plentiful secure well paid jobs and secure and affordable housing that you had, no matter how much they work their bollocks off. And not all pensioners worked their bollocks off. Some of them were part of the army of unemployed in the 80s and 90s. I know of several of these latter And why do so many of you selfish old gits bemoan pay rises in line with inflation for productive workers who are financing your state pensions, yet expect it as of right for comparatively non-productive pensioners like yourselves? Double standards laced with a massive vein of self-centredness. And oh so typical of the me, me, me generation. Unionised public sector workers are productive? That's a new one They are mostly doing jobs that society needs to be done and in that sense are far more productive than anyone of any age not working at all.
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Post by zanygame on Dec 14, 2022 19:00:34 GMT
Hopefully yes, but the high wages demands will not help, all that will do is make it longer to reduce inflation I'm still struggling to see how this inflation can be controlled like the normal ones that are part of the business cycle. Normally inflation is the result of prices rising due to spare cash and demand. But in this case its almost all due to energy price increases off the back of the Ukraine war. How will raising interest rates stop people spending as much when they have no choice. But more importantly energy prices will fall again causing deflation, will the rail workers accept a pay cut when that happens?
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Post by dodgydave on Dec 15, 2022 2:26:02 GMT
Hopefully yes, but the high wages demands will not help, all that will do is make it longer to reduce inflation I'm still struggling to see how this inflation can be controlled like the normal ones that are part of the business cycle. Normally inflation is the result of prices rising due to spare cash and demand. But in this case its almost all due to energy price increases off the back of the Ukraine war. How will raising interest rates stop people spending as much when they have no choice. But more importantly energy prices will fall again causing deflation, will the rail workers accept a pay cut when that happens? You are just plain wrong, wages are not going to do diddly swat to inflation figures because they are tiny compared to the global problems that are causing this inflation. Inflation was 7% before Russia even invaded Ukraine. The majority of this inflation has been caused by the COVID lockdowns, which have led to a huge shortage of goods (ie global factories being shut down for months). Short supply = higher prices. China is still locking down even now, so inflation will remain stubborn until the global supply chains have returned to normal. When they do return to normal, energy prices will drop too because factories / industry will require less energy.
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Post by borchester on Dec 15, 2022 2:33:43 GMT
Probably because everything is now about survival and nothing left for anything else, the commodity brokers have done a fine job of putting everyone under the cosh while the bankers back them up.Should we expect a statement of you have never had it so good? Well, I am a pensioner, don't need to work and get paid for staying alive.
How bad is that?
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Post by Toreador on Dec 15, 2022 6:59:39 GMT
You are responding to things I never either said or implied; were you frothing at the mouth as you tapped away, saying to yourself, I'll show this old lag? Did it ever occur to you that some crotchety old buggers ran businesses that employed young people? Do you think old people are to blame for what you describe as current lack of well-paid secure jobs or affordable housing? What makes you assume I'm unproductive just because I'm old? What makes you think I'm selfish? Go do somerthing about how things are, stop voting for dishonest idiots who inhabit whichever party you vote for, do something better with your life. You still have not addressed my basic point about why it is bad for workers' pay to keep up with inflation, yet outrageous to suggest that pensions should not. Especially since on average pensioners are slightly better off already than working people with typically far lower housing costs with no dependents to care for. So it sticks in the throat when people of a certain age pontificate about how the workers need to accept getting poorer for the good of the economy when they are not prepared to countenance the same for themselves. That's where the self-centred double standards come in. I'll support your triple lock if you'll support workers getting pay rises in line with inflation. Perhaps the triple lock should be abandoned with pensions increased only in line with average wage increases. Then let's see if you still think workers should not get pay rises in line with inflation. The state pension is after all being paid for by the taxes of working people so why should pensions increase by more than the wages of those who are paying for them. In reality of course I do still support the triple lock at least for the pensioners minimum income guarantee, but you lot make that harder for me with your self centred double standards, attacking workers for expecting pay to keep pace with inflation whilst demanding nothing less for yourselves, paid for by those workers. I have suggested no such thing, it's all lodged somewhere in your politically left-wing brain and I have never suggested workers need to accept getting poorer. Now just to piss you off, I and Mrs T get standard state pensions plus Serps. Additionally we get a private pension that we took out just before your Labour chancellor, Gordon Brown, raided private pensions; had we not taken it out at that time. we'd be getting about half. Like others on here we worked our butt off to provide for our future and we pay tax on our gross pensions, again like others on here. Now juist hope you or your kids never have to work as hard as we did.
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Post by zanygame on Dec 15, 2022 8:15:03 GMT
I'm still struggling to see how this inflation can be controlled like the normal ones that are part of the business cycle. Normally inflation is the result of prices rising due to spare cash and demand. But in this case its almost all due to energy price increases off the back of the Ukraine war. How will raising interest rates stop people spending as much when they have no choice. But more importantly energy prices will fall again causing deflation, will the rail workers accept a pay cut when that happens? You are just plain wrong, wages are not going to do diddly swat to inflation figures because they are tiny compared to the global problems that are causing this inflation. Inflation was 7% before Russia even invaded Ukraine. The majority of this inflation has been caused by the COVID lockdowns, which have led to a huge shortage of goods (ie global factories being shut down for months). Short supply = higher prices. China is still locking down even now, so inflation will remain stubborn until the global supply chains have returned to normal. When they do return to normal, energy prices will drop too because factories / industry will require less energy. Yes shortages after Covid pushed up prices of some things, but that has definitely been taken over by fuel prices. I don't follow your argument that industry will need less energy when supply chains return to normal, how's that work? The main drivers of current inflation are fuel, wheat and dairy. Fuel is Putin, Wheat is Putin, Dairy is heavily reliant on energy (so Putin) All these things will return to normal and their prices drop and then what? Anyone?
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Post by see2 on Dec 15, 2022 8:33:58 GMT
Well us poor old buggers shouldn't tak the brunt from the younger generation. Many of us worked our bollocks off and made sacrifices to provide for our retirement. And many of you pulled the ladder up behind you on the way up. Youngsters don't have access to the plentiful secure well paid jobs and secure and affordable housing that you had, no matter how much they work their bollocks off. And not all pensioners worked their bollocks off. Some of them were part of the army of unemployed in the 80s and 90s. I know of several of these latter And why do so many of you selfish old gits bemoan pay rises in line with inflation for productive workers who are financing your state pensions, yet expect it as of right for comparatively non-productive pensioners like yourselves? Double standards laced with a massive vein of self-centredness. And oh so typical of the me, me, me generation. The 60s 70s 80s and 90s were crap years mostly requiring both husband and wife to be employed (low pay) even requiring one or the other to take on part time work as well for some periods, as I did, just to make a reasonable start in life like buying an old house then spending years on making the place secure and livable in. I WAS working my bollocks off during that time except for five months out of work due to the big freeze up of 1963/64 and in and out of work for a couple of years thanks to Thatcher's madness. So you need to be better informed before you attack old age pensioners making out as if they had it easy. The people who might have had it a bit easier were those in reliable employment with final salary pensions.
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Post by zanygame on Dec 15, 2022 8:41:13 GMT
You/I definitely had it easier in the 90's and 20's for one main reason. House prices.
Your mortgage/rent used to represent about 25% of your income, now its nearer 50%.
BUILD ENOUGH HOUSES FOR THE NUMBER OF PEOPLE IN THE COUNTRY is the simple solution.
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Post by sheepy on Dec 15, 2022 8:41:14 GMT
You are just plain wrong, wages are not going to do diddly swat to inflation figures because they are tiny compared to the global problems that are causing this inflation. Inflation was 7% before Russia even invaded Ukraine. The majority of this inflation has been caused by the COVID lockdowns, which have led to a huge shortage of goods (ie global factories being shut down for months). Short supply = higher prices. China is still locking down even now, so inflation will remain stubborn until the global supply chains have returned to normal. When they do return to normal, energy prices will drop too because factories / industry will require less energy. Yes shortages after Covid pushed up prices of some things, but that has definitely been taken over by fuel prices. I don't follow your argument that industry will need less energy when supply chains return to normal, how's that work? The main drivers of current inflation are fuel, wheat and dairy. Fuel is Putin, Wheat is Putin, Dairy is heavily reliant on energy (so Putin) All these things will return to normal and their prices drop and then what? Anyone? It will create what they call a new normal, nothing new in the cycle created for you. You get what the Westminster party vote for.
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Post by Pacifico on Dec 15, 2022 8:45:26 GMT
You/I definitely had it easier in the 90's and 20's for one main reason. House prices. Your mortgage/rent used to represent about 25% of your income, now its nearer 50%. BUILD ENOUGH HOUSES FOR THE NUMBER OF PEOPLE IN THE COUNTRY is the simple solution. Sounds simple - but people do not want more housebuilding.
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Post by zanygame on Dec 15, 2022 9:05:23 GMT
Yes shortages after Covid pushed up prices of some things, but that has definitely been taken over by fuel prices. I don't follow your argument that industry will need less energy when supply chains return to normal, how's that work? The main drivers of current inflation are fuel, wheat and dairy. Fuel is Putin, Wheat is Putin, Dairy is heavily reliant on energy (so Putin) All these things will return to normal and their prices drop and then what? Anyone? It will create what they call a new normal, nothing new in the cycle created for you. You get what the Westminster party vote for. Wow I missed that, when did Westminster send Putin into the Ukraine?
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Post by zanygame on Dec 15, 2022 9:08:08 GMT
You/I definitely had it easier in the 90's and 20's for one main reason. House prices. Your mortgage/rent used to represent about 25% of your income, now its nearer 50%. BUILD ENOUGH HOUSES FOR THE NUMBER OF PEOPLE IN THE COUNTRY is the simple solution. Sounds simple - but people do not want more housebuilding. You are right Pacifico, some people (those who have homes) don't want anymore built, they also want less people coming in, less tax, but still all the latest health treatments and drugs that keep them alive into their Nineties. I think the old struggle with change, but still somehow want the benefits.
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Post by sheepy on Dec 15, 2022 9:13:34 GMT
It will create what they call a new normal, nothing new in the cycle created for you. You get what the Westminster party vote for. Wow I missed that, when did Westminster send Putin into the Ukraine? When they created the maiden, when they decided to expand the EU up to his borders and some may say beyond, when globalists get over cocky perhaps. Next question,. I guess you were thinking you wouldn't get an answer, welcome to the new normal.
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Post by see2 on Dec 15, 2022 9:44:18 GMT
Wow I missed that, when did Westminster send Putin into the Ukraine? When they created the maiden, when they decided to expand the EU up to his borders and some may say beyond, when globalists get over cocky perhaps. Next question,. I guess you were thinking you wouldn't get an answer, welcome to the new normal. Nonsense, because no one forces super power Russia or dictator Putin to do anything they do not want to do.
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Post by sheepy on Dec 15, 2022 9:45:50 GMT
When they created the maiden, when they decided to expand the EU up to his borders and some may say beyond, when globalists get over cocky perhaps. Next question,. I guess you were thinking you wouldn't get an answer, welcome to the new normal. Nonsense, because no one forces super power Russia or dictator Putin to do anything they do not want to do. Its not nonsense because he has attacked Ukraine and the background was for all to see.
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