Tuesday, Jul 15, 2008
Darling can go and Whistle
Times: Alistair Darling calls for pay restraint as prices rise
“Whether you are in the private sector or the public sector, whether you are sitting in the boardroom or working on the shopfloor, we cannot allow inflationary wage increases.” The inflation is already here and it's not Joe Public's doing, the blame lies firmly at the door of the UK Government and lax regulation of Mortgage Lenders.
Posted by enuii @ 11:29 PM (633 views) Add Comment
9 Comments
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1. enuii said...
BBC Managers 16%, Tanker Drivers (Shell) 14%, Train Drivers 22%, looks to me like certain sectors are being kept sweet at the expense of the masses.
2. paul said...
The MPC is responsible. They shouldn't have targeted asset prices all those years.
Bank of England Interest Rate Policy Targets UK House Price Inflation
3. wiltshire said...
Sorry but politicans need to **** off and get real. Don't they realise that hardly anyone in this country cares any more what they have to say? Remember Darling urging people not to take their savings out of Northern Rock? That's right, NO-ONE IS LISTENING, YOU HAVE NO CREDABILITY!!!
We've watched standards in public life slipping further and further downhill for decades now. We see smug, arrogant fools like Blair, Brown and Prescott raping and pillaging the hopes, dreams and savings of millions of people in this country (and around the world) and all they can offer is further restriction of civil liberties and more surveillance. Then a featherweight pr*ck like Darling asks for "pay restraint" whilst we're in the teeth of an inflation storm the like of which we haven't seen for generations. You couldn't make this stuff up could you?
It's all too little too late for Labour now. If they wanted to save the economy they needed to take action about 3 or 4 years ago. The only miracle in this economy is how it managed to get to 2008 without imploding. But imploding it is and this implosion is going to echo for generations.
4. Mr Plumbase said...
Yes lets all get poorer, I thought the recent surge in inflation to 3.8% (sic) was a result of commodity prices soaring, not increased wage settlements, still what do I know.
5. it_is_going_with_a_bang said...
The day those tw4ts link Council Tax with Pay rises is the day I'll have sympathy with the poor darling.
What do they want everyone to do 'pretend' inflation isn't happening? Because of course that always works... not.
6. george monsoon said...
We are one Depression away from Civil war.
7. george monsoon said...
"let them eat cake!!"
8. Jimmyb said...
Paul - You are spot on, House price inflation was used to their advantage for years, now that has all blown up in their faces they want the average worker to foot the bill. If house price rises had been kept at 3% then they would have been able to increase interest rates without economic meltdown.
9. hpwatcher said...
''Gordon Brown''.....need I say any more.