A great day for Britain

[gingerjedi]

Horse and carts are cheap to run, and bartering with sheep and vegetables is regular. Joking aside costs of housing are far more onerous than costs of food and power when compared between the South east and the North. And yes I do include the NMW, WTD, IR35 and every other anti employment law

The WTD is almost irrelevant as it's pretty flexible if you want it to be, I opted out as an employee many years ago.

I can see how removing the NMW would help business but only to the detriment of the employee, if a business isn't viable employing local people on a living wage then it doesn't deserve to survive IMO.

[DodgyAgent]

The WTD is almost irrelevant as it's pretty flexible if you want it to be, I opted out as an employee many years ago.

I can see how removing the NMW would help business but only to the detriment of the employee, if a business isn't viable employing local people on a living wage then it doesn't deserve to survive IMO.

Why not trust the employee to make their own decision? and who are you to judge that a business should/should not be viable based on an arbitrary figure conjured up by a bunch of self serving socialists?

[sasguru]

Why not trust the employee to make their own decision? and who are you to judge that a business should/should not be viable based on an arbitrary figure conjured up by a bunch of self serving socialists?

Funny that Scootopia Germany has no minimum wage.

[DodgyAgent]

Funny that Scootopia Germany has no minimum wage.

And whilst we indulge ourselves with the manipulations of socialists and jobsworths our manufacturing and IT is being shipped off to India and everywhere else

[gingerjedi]

I think you will find the answer is YES. Maybe not the gas. Where I live petrol, beer, supermarket etc are all significantly cheaper than darn sarf. Last time I was home anyways.

How much is petrol up north then? 2p off £1.30 isn't significant BTW.

As for supermarkets and pubs I can't believe there's much difference when comparing like for like.

[doodab]

Really? If you create a successful software company, you're saying Bill Gates is going to come along and demand his share whether you like it or not?
You really are a walking trendy cliche/media snippet spouting machine.

No, I'm saying that as the global economy expands the additional wealth created accrues disproportionately to the already wealthy thus reinforcing the disparity.

Lets say there are 10 people and £100, and it's divided such that 1 person has £91 and the rest have £1 each. If they all work hard to double their collective wealth to £200 you might expect them to gain £10 each so that one would have £101 and the rest would have £11. What usually happens in practice is that the person who started with £91 doesn't do any of the work but ends up with £190.10 and the rest of them end up with £1.10.

[doodab]

Funny that Scootopia Germany has no minimum wage.

There is no national minimum wage because most industries have their own, negotiated by the unions and enforceable by law.

[DodgyAgent]

No, I'm saying that as the global economy expands the additional wealth created accrues disproportionately to the already wealthy thus reinforcing the disparity.

Lets say there are 10 people and £100, and it's divided such that 1 person has £91 and the rest have £1 each. If they all work hard to double their collective wealth to £200 you might expect them to gain £10 each so that one would have £101 and the rest would have £11. What usually happens in practice is that the person who started with £91 doesn't do any of the work but ends up with £190.10 and the rest of them end up with £1.10.

The trouble is that it is the ones with the wealth who are the ones who expand the economy. Or at least in order to incentivise people to engage in economic activities that will lead to growth they need to be able to keep a large portion of it for themselves.

[Mich the Tester]

The trouble is that it is the ones with the wealth who are the ones who expand the economy. Or at least in order to incentivise people to engage in economic activities that will lead to growth they need to be able to keep a large portion of it for themselves.

Agentspeak Sentence of the Day!

[doodab]

Who are you to judge that a business should/should not be viable based on an arbitrary figure conjured up by a bunch of self serving socialists?

Who are you to decide that companies ought to be able to enjoy the benefit of other people's labour without paying them a living wage? Or to decide that my taxes ought to be used to subsidise companies who won't pay their employees enough to live on?