CUK Rant Bait

[Robinho]

Number 1 is caused by over supply of workers for reduced / changing job market. Be it Eastern etc immigrants or the reduction of manual labour and the increase in service & high end job that the workforce are not prepared for.

There's not really such thing as an oversupply of workers, because as i say human demand is infinite.

At the right price i'd pay someone to feed me grapes whilst fanning me, or potter about in the garden, or take the bins out so i never have to.

These things aren't possible because of the minimum wage.

[ZARDOZ]

Milton Friedman was wrong.

FTFY

[vetran]

There's not really such thing as an oversupply of workers, because as i say human demand is infinite.

At the right price i'd pay someone to feed me grapes whilst fanning me, or potter about in the garden, or take the bins out so i never have to.

These things aren't possible because of the minimum wage.

yes but they couldn't afford to live on what you are willing to pay, also the gap between the middle class & poor has narrowed due to subsequent government's actions. Servants are no longer affordable.

There are a number of jobs in a society that need doing and provide sufficient profit to allow companies to pay for. e.g. Shop assistant, Waitress, care assistant.

The bottom end of these are currently being filled by immigrants (who are very driven due to an absence of generous welfare at home).

No one is going to create a job if it won't make them profit, paying a greasy spoon waitress £50K is not going to happen but the same person can get that on benefits.

[Robinho]

FTFY

About what?

[Robinho]

yes but they couldn't afford to live on what you are willing to pay, also the gap between the middle class & poor has narrowed due to subsequent government's actions. Servants are no longer affordable.

There are a number of jobs in a society that need doing and provide sufficient profit to allow companies to pay for. e.g. Shop assistant, Waitress, care assistant.

The bottom end of these are currently being filled by immigrants (who are very driven due to an absence of generous welfare at home).

No one is going to create a job if it won't make them profit, paying a greasy spoon waitress £50K is not going to happen but the same person can get that on benefits.

They probably could tbh.

"Living" is a very loose term.

[d000hg]

With all this housing benefit floating about no wonder we had a BTL boom. If they stop paying it there will be a lot of landlords going under.

although it's not deliberate, we're accidental landlords and 90% of the potential tenants seem to be on benefits which is kind of why we left).

Really? You can cover rent and bills for a family of four with £480 a month and have money left to eat?

Seems optimistic with council tax of possibly £200pcm, energy bills of £100 and water too, before you even get onto food and 'luxury' utilities like a telephone line or TV license.

Unless you're sharing of course, a single person can live very cheaply letting one room.

[vetran]

although it's not deliberate, we're accidental landlords and 90% of the potential tenants seem to be on benefits which is kind of why we left).

Seems optimistic with council tax of possibly £200pcm, energy bills of £100 and water too, before you even get onto food and 'luxury' utilities like a telephone line or TV license.

Unless you're sharing of course, a single person can live very cheaply letting one room.

Council tax benefit? on a bottom end property so more like £50 a month.

Its a 1 bedroom flat heating will be less than that.

[d000hg]

I own a Band A property in a cheap-ass NE village (4 bed semi cost only £65k). CT is still £100/month close as damnit.

I'd assumed in other parts of the country it would be more but maybe not?

[minestrone]

I don't understand tax credits, even when they are explained to me, last time I was earning rubbish money as a student it got taxed and you got the rest.

I suppose it got everyone welfare dependant, paid for mortgages which paid for house increases and everyone kept voting labour.

[NickFitz]

Council tax benefit? on a bottom end property so more like £50 a month.

Its a 1 bedroom flat heating will be less than that.

I live in a one bedroom flat, first floor of a fairly large Edwardian house. Council Tax on my flat is £73/month. Fuel bills (gas for fires, water heating and cooking, leccy for the rest) for the last six months average £90/month almost exactly (and have gone up as of this month). That's for one person; a family with a very young child is going to have greater expenses for things like clothes washing than I do.