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Realistbear

Pay Increases Lowest Since 2003

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http://www.personneltoday.com/Articles/200...+since+2003.htm

Pay increases lowest since 2003

28 February 2006 11:15

So, are we all becoming poorer in Gordon's "Miracle Economy?" Even with HPI are the house "rich" any better off (unless they STR and rent/emigrate of course).

From what I can see, incomes in the public sector are rising rapidly. Apart from head line pay rises, there also appear to be a lot of stealth rises going on. How can a local council for example advertise for 6 off £90K jobs in one week.

The private sector payroll seems to be shrinking and for all the wrong reasons. They lost over 100,000 last year and the attrition rate is accelerating.

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Only because a 400Mhz PC costing £500 10 years ago and a 4Ghz PC selling for the same now is considered a 90% drop in price.

I don't dispute that PCs are cheaper, but comparing a 400Mhz and 4Ghz PC is irrelevant. 4Ghz PCs were not on the market in 1996

SPOT ON!

I was thinking abou this point exactly - same with TVs personal stereos. We don't buy the same technology, we buy the LATEST technology. The IPOD Nano is only today's Sony Walkman.

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And thats why uncontrolled hedonic adjustment of inflation figures is borderline criminal behaviour IMHO.

There needs to be a structured way in which the weightings and adjustments for CPI/RPI basket items are made.

I think a new measure should be introduced that monitors actual disposable income after taxes and essential goods. The current figures are a sham, especially when they have been adjusted.

If we are seeing inflation of energy costs of ~20%, and this makes up a significant proportion of peoples essential outgoins, then how can inflation remain at 2%.....

easy.. all you need to do is ignore the fact that people have stopped spending so much on non-essential items (high street crash?).

Its evident that peoples spending patterns are changing, as can be seen by the dire high street situation, but do we see a change in the CPI basket to reflect this??

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http://www.personneltoday.com/Articles/200...+since+2003.htm

Pay increases lowest since 2003

28 February 2006 11:15

So, are we all becoming poorer in Gordon's "Miracle Economy?" Even with HPI are the house "rich" any better off (unless they STR and rent/emigrate of course).

Edited by Realistbear

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"and of personal computers - adjusting the price index to take account of their improved capabilities - by a scarcely believeable 93%"

Yes of course its rubbish.

Computers still only play games and wordprocess. They don't make cakes, produce 3d objects out of the screen or send objects via email. They do the same as they always have.

Why won't Jet Set Willy load then, damnit!?

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Why won't Jet Set Willy load then, damnit!?

you need a emulator, ie the op sys of your chosen jetset willy version ( zx81 ?), that you can play in a shell on your windows op sys.

voilla

off ya go sking they slopes once more

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"TVs and DVD players cost 45% less, in real terms, than they did a decade ago; in the same period, the price of computers has fallen by 93%. High street prices have never been so low, but what kind of consumers do we become when we can buy a handbag for £3 - and then chuck it away? Andy Beckett on how the bargain boom changed the way Britain shops "

http://money.guardian.co.uk/feature/story/0,,1719924,00.html

So you see we should be having a wage reduction.

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"TVs and DVD players cost 45% less, in real terms, than they did a decade ago; in the same period, the price of computers has fallen by 93%.

Only because a 400Mhz PC costing £500 10 years ago and a 4Ghz PC selling for the same now is considered a 90% drop in price.

I don't dispute that PCs are cheaper, but comparing a 400Mhz and 4Ghz PC is irrelevant. 4Ghz PCs were not on the market in 1996

Edited by OzzMosiz

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"and of personal computers - adjusting the price index to take account of their improved capabilities - by a scarcely believeable 93%"

Yes of course its rubbish.

Computers still only play games and wordprocess. They don't make cakes, produce 3d objects out of the screen or send objects via email. They do the same as they always have.

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Only because a 400Mhz PC costing £500 10 years ago and a 4Ghz PC selling for the same now is considered a 90% drop in price.

I don't dispute that PCs are cheaper, but comparing a 400Mhz and 4Ghz PC is irrelevant. 4Ghz PCs were not on the market in 1996

You do have some merit in what you say, but you forget that computers have fallen massively in price.

I work in IT and in the mid 90's had to purchase the IT equipment for my company. We used dell as a prefered supplier.

Our PC's came in at around £1200 for an entry level model along with £2000 for entry level laptops.

Looking at the website nowadays you can get an entry level pc for £300 and a laptop for £600.

Which is a massive drop in price regardless of the technology, and entry level computers nowadays are running Windows XP which itself is 4 years old!!! So they fly.

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LOOK !!

can we just forget about computers foro now.

what about GAS ELECCY and SHELTER>?

the basics. forget cappucino makers and heated slippers.

get with the program. where being sh1t on from a great height.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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