wage stagnation

[Eric Cartman]

Re: wage stagnation

Of course I wont , I work in a logistical company which in the main pays just over the minimum wage with prospects of rises based on ability and performance , they all have a fairly good standard of living , majority own cars and homes , take holidays , have mobile phone and TV subscription , go our for meals and socialise whcih is not cheap , you can see and hear this from their conversations of course they want more but compared when I first entered the poorly labour market they are doing okay in my humble view .

The only area Id say they struggle is paying into a private pension that would deliver in old age comparable value to the public sector .

What is the average house price where you live?

I ask because where I live/work, someone on min wage would definitely not have the financial leg room to be able to save to buy a house, it isn't even close.

[lardy]

Re: wage stagnation

Of course I wont , I work in a logistical company which in the main pays just over the minimum wage with prospects of rises based on ability and performance , they all have a fairly good standard of living , majority own cars and homes , take holidays , have mobile phone and TV subscription , go our for meals and socialise whcih is not cheap , you can see and hear this from their conversations of course they want more but compared when I first entered the poorly labour market they are doing okay in my humble view .

The only area Id say they struggle is paying into a private pension that would deliver in old age comparable value to the public sector .

Just over minimum wage, let's say £10 an hour. That is about 20k a year.

Own a house, a car, holidays, meals out - they can come and sort my domestic budget out for me

[Eric Cartman]

Re: wage stagnation

Just over minimum wage, let's say £10 an hour. That is about 20k a year.

Own a house, a car, holidays, meals out - they can come and sort my domestic budget out for me

The only options available are, either bought their houses a long time ago or they don't actually exist.

[life on mars]

Re: wage stagnation

I know folk on benefits , on minimum wage and just above thier living standards are far better than I can remember as a child from a working class background and that of my own children's lives , having access to things such as mobile phones , TV subscriptions, cars , foreign holidays , eating and drinking out at today's costs, was not about , therefore In my humble opinion and experience living standards are better .

Being on minimum wage doesn't stop folk earn more as there are opportunities to do overtime ,supplement thier earnings , and bring in welfare support as well as adding in ones spouse , as in my previous point most progress onto above minimum wage as they progress from thier starting pay .

[cyril evans awaydays]

Re: wage stagnation

I know folk on benefits , on minimum wage and just above thier living standards are far better than I can remember as a child from a working class background and that of my own children's lives , having access to things such as mobile phones , TV subscriptions, cars , foreign holidays , eating and drinking out at today's costs, was not about , therefore In my humble opinion and experience living standards are better .

Being on minimum wage doesn't stop folk earn more as there are opportunities to do overtime ,supplement thier earnings , and bring in welfare support as well as adding in ones spouse , as in my previous point most progress onto above minimum wage as they progress from thier starting pay .

It's almost like, as opposed to the previous generations, the current and future ones have been told they will own nothing and be happy!

[Organ Morgan.]

Re: wage stagnation

Those aged 25 and below are Generation Z. What letter comes after Z?

[cyril evans awaydays]

Re: wage stagnation

Those aged 25 and below are Generation Z. What letter comes after Z?

J ?

https://www.rd.com/article/last-lett...ed%20a%20swash.

[Doucas]

Re: wage stagnation

I know folk on benefits , on minimum wage and just above thier living standards are far better than I can remember as a child from a working class background and that of my own children's lives , having access to things such as mobile phones , TV subscriptions, cars , foreign holidays , eating and drinking out at today's costs, was not about , therefore In my humble opinion and experience living standards are better .

Being on minimum wage doesn't stop folk earn more as there are opportunities to do overtime ,supplement thier earnings , and bring in welfare support as well as adding in ones spouse , as in my previous point most progress onto above minimum wage as they progress from thier starting pay .

I think most young people would prefer affordable housing, well paid jobs and a functioning NHS than 'TV subscriptions'.

You sound like an employer who says, well we won't give you a raise but you can have a pizza party.

Just as usual from the tories on this forum, despite overwhelming evidence showing how bad things are for younger people they say 'well mobile phones and netflix'.

Society is supposed to move forwards, not backwards.

[Wales-Bales]

Re: wage stagnation

I think most young people would prefer affordable housing, well paid jobs and a functioning NHS than 'TV subscriptions'.

You sound like an employer who says, well we won't give you a raise but you can have a pizza party.

Just as usual from the tories on this forum, despite overwhelming evidence showing how bad things are for younger people they say 'well mobile phones and netflix'.

Society is supposed to move forwards, not backwards.

It's certainly moving backwards, but not in the way you think it is.

[JamesWales]

Re: wage stagnation

I think most young people would prefer affordable housing, well paid jobs and a functioning NHS than 'TV subscriptions'.

You sound like an employer who says, well we won't give you a raise but you can have a pizza party.

Just as usual from the tories on this forum, despite overwhelming evidence showing how bad things are for younger people they say 'well mobile phones and netflix'.

Society is supposed to move forwards, not backwards.

I have enormous sympathy with you on this - fixing the housing market is critical. But again, I would suggest you are just drifting to your default blame, which gets you (and us) nowhere. The government may run the country, but they are not the cause of every single issue - look to Canada today, where their equivalent of the Labour party are in power and they have a severe housing crisis. Look at Cardiff. Housing policies are mainly set at a devolved or local council level, both Labour run and Cardiff has become less and less affordable.

This isn't to blame Labour or the Tories, it's a plea to get to the bottom of the issues and fix them

[Wales-Bales]

Re: wage stagnation

I have enormous sympathy with you on this - fixing the housing market is critical. But again, I would suggest you are just drifting to your default blame, which gets you (and us) nowhere. The government may run the country, but they are not the cause of every single issue - look to Canada today, where their equivalent of the Labour party are in power and they have a severe housing crisis. Look at Cardiff. Housing policies are mainly set at a devolved or local council level, both Labour run and Cardiff has become less and less affordable.

This isn't to blame Labour or the Tories, it's a plea to get to the bottom of the issues and fix them

You've hit the nail on the head, now you have to ask yourself why is it like this?

[Eric Cartman]

Re: wage stagnation

I have enormous sympathy with you on this - fixing the housing market is critical. But again, I would suggest you are just drifting to your default blame, which gets you (and us) nowhere. The government may run the country, but they are not the cause of every single issue - look to Canada today, where their equivalent of the Labour party are in power and they have a severe housing crisis. Look at Cardiff. Housing policies are mainly set at a devolved or local council level, both Labour run and Cardiff has become less and less affordable.

This isn't to blame Labour or the Tories, it's a plea to get to the bottom of the issues and fix them

I saw a programme a few years ago about a development in London where you could essentially have all the benefits of owning a property but the price would contractually always be linked (at a decent ratio) to the local average wage. People being shown around couldn't understand it, their first thought was that they were getting a bargain and could just sell it on at market rate and 'win' at the property game. That scheme and programme highlights everything that is wrong with the attitude towards house ownership in this country. I did try and find an example of the development but I couldn't, possibly too many people benefit from a bonkers market to allow for something so sensible.

I am with you on this one, this is an issue that neither party has it in them to resolve. They both know they will a) be smeared non stop by the tag team wealthy/media and b) people who currently own homes will quickly realise that it isn't in their interests for house prices to fall to non mental levels.

I think we could see the cross party priorities during covid. UC went up by enough to buy a can of beans a week whilst homeowners were fully sheltered from any consequences. I felt like I was swimming against a very strong tide when questioning whether the furlough measures (values/caps not the principle of support) were sensible and/or fair on the poorest in society.

[Doucas]

Re: wage stagnation

I have enormous sympathy with you on this - fixing the housing market is critical. But again, I would suggest you are just drifting to your default blame, which gets you (and us) nowhere. The government may run the country, but they are not the cause of every single issue - look to Canada today, where their equivalent of the Labour party are in power and they have a severe housing crisis. Look at Cardiff. Housing policies are mainly set at a devolved or local council level, both Labour run and Cardiff has become less and less affordable.

This isn't to blame Labour or the Tories, it's a plea to get to the bottom of the issues and fix them

The issue is rich vs poor. The Canadian government is like Labour yep centre-right.

[Wales-Bales]

Re: wage stagnation

The issue is rich vs poor. The Canadian government is like Labour yep centre-right.

Trudeau and Freeland are WEF global young leaders, and they serve the interests of the investment banks and top 1,000 global corporations, etc. If you look, you will find that legislation is already underway preparing the way for digital id and a programmable CBDC, which was labelled a conspiracy theory a short while ago.

[life on mars]

Re: wage stagnation

Those aged 25 and below are Generation Z. What letter comes after Z?

Who gives a feck