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Author Topic: Boris and this new economic reset  (Read 506 times)
MF(c) DOOM
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« on: October 07, 2021, 01:17:37 PM »

The world is truly upside down when you have a Tory prime minister basically telling business to pay staff more and put prices up. Apparently this will result in high skilled, high wage economy that is more productive. How will that work? I would have though that if business has to start paying HGV drivers 70k a year and fruit pickers £30 an hour, prices will go through the roof and you get spiralling inflation. Also our produce will be twice as expensive as foreign competitors? How will we be more productive? Wagons cant drive any faster, chamber maids already seem pretty slick in how many beds they turn over a day and fruit pickers are already proper grafters? I genuinely don't understand how the model will work. If Jeremy Corbyn had suggested such a strategy it would have been ridiculed

Is Boris a economic visionary who has spotted a genius path to sunlit uplands or is this going to be an economic disaster for the UK? Is it a case of of circumstance now dictating policy ie we have landed ourselves with all these shortages and he's trying to put a spin on it that it's a deliberate policy?
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Bill Buxton
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« Reply #1 on: October 07, 2021, 01:22:24 PM »

Only time will tell.
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Winston
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« Reply #2 on: October 07, 2021, 01:30:53 PM »

Bit of both.

On the one hand Boris will absolutely use rising wages as a argument to win the next election.

Do I think Lorry drivers will now be paid 70k as you say? Probably not.

Labour should absolutely be arguing for better wage increases and conditions for drivers, but they're  not

Boris has ironically been part of the Tory for the last 10 years during austerity and has been visionary enough to see change is needed. What are Labour offering? Infighting and not much else if we followed last week's party conference

Labour propose 100.000 TEMPORARY visas and if anyone bothered to follow the news on FMTTM they would know both Starmer and Reeves (who will be in control of the economy) has said that freedom of movement has ended, and stated that no junior MP can make any announcement without her consent.
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Robbso
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« Reply #3 on: October 07, 2021, 05:02:14 PM »

Gas bills set to rise by 400 quid next year, council tax bills by about 5%, the French threatening to blockade ports and the Chunnel over fishing license arguments, lack of wagon drivers and having to grant temporary visas to foreign workers to entice them back. Boris spent an hour telling jokes :gaz:
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Winston
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« Reply #4 on: October 07, 2021, 05:06:44 PM »

A fruit picker isn't going from minimum wage to £30 an hour - They're going from minimum wage deducted lodgings to ?

The average lorry driver earns 32k. Why would the average lorry driver double his wages to 70k?

Do you even understand inflation?

MFC doom ?  

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Winston
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« Reply #5 on: October 07, 2021, 05:08:48 PM »

Robbso,you haven't got a clue
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Robbso
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« Reply #6 on: October 07, 2021, 05:09:48 PM »

Yeah, I get that a lot.
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Winston
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« Reply #7 on: October 07, 2021, 05:12:17 PM »

So wage increases are something Labour opposes?
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Robbso
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« Reply #8 on: October 07, 2021, 05:17:19 PM »

How does a government or opposition party tell the private sector to increase wages
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Winston
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« Reply #9 on: October 07, 2021, 05:17:35 PM »

Robbso, what's your gas bill?

And what's your gas bill +400 quid since you forecast that's what we will be paying?
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Winston
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« Reply #10 on: October 07, 2021, 05:21:32 PM »

The Tory party are asking the HGC industry to

Improve sanitation
Increase wages
Improve rest areas
Stop expecting people to poo in a bag and clean with baby wipes
Improve conditions

The neoliberalists are saying
Let the eastern Europeans do it

Can I ask how many Europeans left the industry?
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Robbso
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« Reply #11 on: October 07, 2021, 05:23:11 PM »

 No idea, wife pays the bills. Put the news on today and argue with them. They are actively reporting it today. But what do I know, weíll apart from my gas bill.
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Winston
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« Reply #12 on: October 07, 2021, 05:26:17 PM »

Ask the wife what £400 pound a year on to your yearly bill will cost?

Then tell her you're scared ofbthe news
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Robbso
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« Reply #13 on: October 07, 2021, 05:28:52 PM »

Here we go, it didnít take long. Mask always slips within a week or two.
You take care now.
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Winston
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« Reply #14 on: October 07, 2021, 05:29:46 PM »

You're afraid your gas bill will rise £400 in a year

But if I ask what you pay now you have no idea and can't even ask your wife cooking you tea in the other room?

Yeah move along to the Starmer party!

Move along
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Robbso
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« Reply #15 on: October 07, 2021, 05:30:37 PM »

Who said I was afraid
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Winston
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« Reply #16 on: October 07, 2021, 05:34:32 PM »

I'm saying you're afraid of a £400 gas increase

And questioning if you pay £400 now, in which case you will be expected to pay £800 a year in gas


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Robbso
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« Reply #17 on: October 07, 2021, 05:36:52 PM »

Oh ok, as long as you say so Iíll start being afraid.
Anything else I should be scared of while youíre looking after my welfare
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Winston
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« Reply #18 on: October 07, 2021, 05:39:28 PM »

Not ready to move on yet

You said gas bills will rise £400 next year

I want to know if you pay £400 a year now
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Robbso
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« Reply #19 on: October 07, 2021, 05:42:39 PM »

Are you my accountant, is my bill going to scare me.
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Robbso
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« Reply #20 on: October 07, 2021, 05:50:04 PM »

Cheers!!
GG you might need some more animals. klins
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Robbso
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« Reply #21 on: October 07, 2021, 05:58:36 PM »

Whose table, yours? No more booze, thatís for sure.
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Winston
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« Reply #22 on: October 07, 2021, 06:03:17 PM »

Tales of increases of £400 gas bills per year

Wthat do you pay now?
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Robbso
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« Reply #23 on: October 07, 2021, 06:11:44 PM »

Sorry, Iím watching the news, poor jo Mackenzie is worrying about how sheíll keep her home warm and some poor OAP who will need to make sacrifices to keep warm.

Right where were we? My gas bill seems to worry you. Donít fret, Iíll cope.
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MF(c) DOOM
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« Reply #24 on: October 07, 2021, 07:00:25 PM »

A fruit picker isn't going from minimum wage to £30 an hour - They're going from minimum wage deducted lodgings to ?

The average lorry driver earns 32k. Why would the average lorry driver double his wages to 70k?

Do you even understand inflation?

MFC doom ?  



According to the British growers association pickers jobs were being advertised at 30 quid an hour in lincolnshire. HGV drivers for 70k was in the mail online. Supply and demand.
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MF(c) DOOM
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« Reply #25 on: October 07, 2021, 07:04:27 PM »

The Tory party are asking the HGC industry to

Improve sanitation
Increase wages
Improve rest areas
Stop expecting people to poo in a bag and clean with baby wipes
Improve conditions

The neoliberalists are saying
Let the eastern Europeans do it

Can I ask how many Europeans left the industry?

20,000 according to the road haulage association but they also said drivers from european hauliers are less enthusiastic about hauling over here because of the risk of being delayed at borders.
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Rutters
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« Reply #26 on: October 07, 2021, 07:31:11 PM »

Economics is always a bit of a balancing act. It's usually a matter of supply and demand

If you restrict immigration the supply of workers will decrease and wages will rise.
If you allow unfettered immigration supply will outstrip demand and wages will fall.

Paying your workers more will lead to increased prices BUT workers will have more money to pay them
Paying lower wages will keep prices lower But workers will have less money to spend.

Left alone the market will always balance itself out. If a company's goods aren't selling they lower the price. If they can't make enough they raise the price.

The thing that usually mucks things up is when governments get involoved.
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Winston
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« Reply #27 on: October 08, 2021, 09:16:42 AM »

Anyway, back to the original point yes Johnson will use rising wages as evidence that freedom of movement suppressed wages

What's totally bewildering is witnessing Labour argue against these rises and being scared of inflation as the other person is.

It's one, but not the sole reason I personally think Starmer will be gone before the next election, and why we won't see another Labour government this decade.
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Rutters
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« Reply #28 on: October 08, 2021, 09:45:58 AM »

Labour has massive problems, the choice of leader being just one of them.
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myboro
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« Reply #29 on: October 09, 2021, 03:55:16 PM »

Tales of increases of £400 gas bills per year

Wthat do you pay now?

From Martin Lewis even you should be able to understand unless there is a drastic change in Supply Robbso was correct

"On 1 October, the price cap jumped by 12% (or by 13% for people on prepayment meters). For someone with typical use, the cap was £1,138/yr but that is now £1,277/yr. Martin explained that the current price cap is based on wholesale energy rates - the price suppliers pay for gas and electricity - between February 2021 and July 2021, which did rise.

However, that increase is nothing compared to the projections for next April's cap, which will be based on wholesale prices from August 2021 to January 2022 Ė a period which has already seen a very steep rise in wholesale rates. And as wholesale prices have continued to rise, it most likely means an even bigger increase from April 2022.

Martin said: "The latest estimate is that on 1 April the price cap will rise by 30% based on the current run rate - so to £1,660/yr on typical use. That means around a £500/yr cost increase compared to a year before. There would have to be an enormous radical change for there not to be a huge increase.""

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