Staunton Posted May 12, 2013 Share Posted May 12, 2013 Arch tory David Young has made plain an underlying principle of employment favoured by the conservatives - that 'low wage levels in a recession make larger financial returns easier to achieve'. What he is making clear for all to see is the basic right wing principle that big businesses profit by exploiting ordinary people. Young, was one of the champions of privatisation during Margaret Thatcher's first administration, and held cabinet posts including Secretary of State for Employment and Secretary of State for Trade and Industry. He was a Deputy Chairman of the Conservative Party and one time president of the right wing Institute of Directors. When Mr Cameron says that we are all in this together he is lying. When the conservatives are in control, ordinary people suffer. Link to comment Share on other sites More sharing options...
WeX Posted May 12, 2013 Share Posted May 12, 2013 It's nice to know where we stand with this mob. http://www.guardian.co.uk/business/2013/may/11/young-recession-cheap-labour Does he run a charity? Does this profit just disappear or does it go to portfolios owned by pension companies who use it to pay for peoples retirement? Is there really a difference between a pay rise and profit? Both are desirable, why is one exploitation while the other a right? Link to comment Share on other sites More sharing options...
Vague_Boy Posted May 12, 2013 Share Posted May 12, 2013 When the conservatives are in control, ordinary people suffer. Labour has made inequality worse: Gulf between rich and poor now widest since WWII Poor Got Richer Under Thatcher Link to comment Share on other sites More sharing options...
I1L2T3 Posted May 12, 2013 Share Posted May 12, 2013 Labour has made inequality worse: Gulf between rich and poor now widest since WWII Poor Got Richer Under Thatcher Have you got a link for what is happening under the present government. You'll probably find it's a continuation of where Labour left off. The difference now is the brazen nature of it, and now we see that one senior Tory at least is not ashamed to admit it. Sad times Link to comment Share on other sites More sharing options...
tinfoilhat Posted May 12, 2013 Share Posted May 12, 2013 It's nice to know where we stand with this mob. http://www.guardian.co.uk/business/2013/may/11/young-recession-cheap-labour I thought he was talking about small businesses getting a foothold, which low wages will help provide (bearing in mind chances are the entrepreneur who dared start a business will be earning less than everyone). Link to comment Share on other sites More sharing options...
SpikeMac Posted May 12, 2013 Share Posted May 12, 2013 Labour has made inequality worse: Gulf between rich and poor now widest since WWII Poor Got Richer Under Thatcher You do understand that inequality getting worse and the poor getting richer are not mutually exclusive... don't you? With that in mind, what is your point? Link to comment Share on other sites More sharing options...
Staunton Posted May 12, 2013 Share Posted May 12, 2013 Does he run a charity? Does this profit just disappear...? Off shore, to the murky world of secrecy jurisdictions - that's Tax Havens! I don't think there are many ordinary people looking forward to a comfortable retirement. Link to comment Share on other sites More sharing options...
Staunton Posted May 12, 2013 Share Posted May 12, 2013 You do understand that inequality getting worse and the poor getting richer are not mutually exclusive... don't you? SpikeMac is absolutely correct.Once inflation - high interest rates throughout the 80s - and indirect taxation (VAT) rises,are taken into account, ordinary people have more in their pocket today, but have gained little or nothing in real terms. Contrast this with the dramatic rise in the remuneration enjoyed by executives and major shareholders over the same period and you will notice an astonishing disparity. The rich have got much, much richer, whilst ordinary people have remained remarkably static in terms of purchasing power. Link to comment Share on other sites More sharing options...
Ms Macbeth Posted May 13, 2013 Share Posted May 13, 2013 Threads merged Link to comment Share on other sites More sharing options...
rabitter Posted May 13, 2013 Share Posted May 13, 2013 the tories objective as always been for you to work for nothing.when all your wages are paid out on feeding your family,fuel bills,insurance, mortgage,water,and you have nothing left for yourself then they have achieved this.well done all you tories and all the workers who didnt vote Link to comment Share on other sites More sharing options...
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