dawny1970 Posted November 3, 2011 Share Posted November 3, 2011 as we all know, JSA, wftc and pensions are based on the september inflation figures, that was 5.2%, now all of a sudden because they dont like that figure, they going to half it!!! http://www.bbc.co.uk/news/uk-politics-15572524 Link to comment Share on other sites More sharing options...
MrSmith Posted November 3, 2011 Share Posted November 3, 2011 I can see their point; a 5.2% rise in benefits seems a little unfair when most workers are getting a pay freeze or a drop in pay. It’s time to get inflation under control by increasing interest rates. Link to comment Share on other sites More sharing options...
dawny1970 Posted November 3, 2011 Author Share Posted November 3, 2011 a pay freeze is a pay drop, so are they going to drop the 5p increase in fuel duty on 1st Jan next year then? Link to comment Share on other sites More sharing options...
iansheff Posted November 3, 2011 Share Posted November 3, 2011 a pay freeze is a pay drop, so are they going to drop the 5p increase in fuel duty on 1st Jan next year then? Well we can hope but they won't even make time for the discussion promised after 100,000 signatures on a petition on the Govt website. Link to comment Share on other sites More sharing options...
taxman Posted November 3, 2011 Share Posted November 3, 2011 But train fares always go up by the higher measure of inflation...plus 8% Link to comment Share on other sites More sharing options...
wednesday1 Posted November 3, 2011 Share Posted November 3, 2011 I can see their point; a 5.2% rise in benefits seems a little unfair when most workers are getting a pay freeze or a drop in pay. It’s time to get inflation under control by increasing interest rates. Although of course this is what the ConDems would love to do to reward their banking paymasters (remember interest rates in the eighties) not even these muppets would contemplate that, it would make the '80s repossessions seem like an estate agents utopia. Link to comment Share on other sites More sharing options...
MrSmith Posted November 3, 2011 Share Posted November 3, 2011 Although of course this is what the ConDems would love to do to reward their banking paymasters (remember interest rates in the eighties) not even these muppets would contemplate that, it would make the '80s repossessions seem like an estate agents utopia. I remember them well and the affect they had on deflating a housing bubble, keeping prices within reach for everyone. Link to comment Share on other sites More sharing options...
wednesday1 Posted November 3, 2011 Share Posted November 3, 2011 I remember them well and the affect they had on deflating a housing bubble, keeping prices within reach for everyone. And left thousands in debt after they couldn't afford to pay their mortgages and had to sell their houses at a huge discount to the price they had paid for them! Link to comment Share on other sites More sharing options...
HeadingNorth Posted November 3, 2011 Share Posted November 3, 2011 And left thousands in debt after they couldn't afford to pay their mortgages and had to sell their houses at a huge discount to the price they had paid for them! Don't you normally oppose rampant capitalism? Link to comment Share on other sites More sharing options...
MrSmith Posted November 3, 2011 Share Posted November 3, 2011 And left thousands in debt after they couldn't afford to pay their mortgages and had to sell their houses at a huge discount to the price they had paid for them! It kept house prices affordable for all, no one that borrowed responsibly would have lost out. Link to comment Share on other sites More sharing options...
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