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Location: United Kingdom

Wednesday, 7 November 2012

WHAT IS A LIVING WAGE?

It appears to be 'silly season' again, one wonders if it ever goes away. If there is a left and right in British politics anymore, it would be difficult to know where to draw the line. Responding to something called the 'living wage campaign', Boris Johnson, the Conservative Mayor of London, and the leader of the Labour Party, 'Thoroughly Modern' Miliband, both agree that workers should be paid more. I'm sure that the latter, supposedly studied both economics and politics. Many astute observers will recognise, in a modern 'throw away' society, the two don't mix, it is far too toxic; rather like irresponsibility and logic. But let us not be put off by commonsense when a good headline is available.

Let us assume that the much discredited Quantitative Easing has run its course, therefore, another ploy needs to be suggested, dressed up as a fop to salivate the people 'on the take'. Any increase in income will increase the cost of living, how else can it be absorbed? Therefore, apart from the recipients of this largesse, perhaps we should consider those that won't be so fortunate, which would include most of us, particularly pensioners.

No doubt, that such stupidity would need vast additional departments to oversee such a move, much loved by Labour in particular, who would be excited about employing more folk, all at the expense of taxpayer GB; they would then go on strike, calling for higher pensions and insisting on a retirement age of 60.

FEW POLITICIANS HAVE ANY BUSINESS ACUMEN.

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