Did you hear the news . . . the Recession is over

Couldn't agree more Mpsox, covetting they neighbour and all that (maybe those Abrahamic religions have a point).
 
Ah Yes. I think I can see all those Lisbon Treaty jobs coming down the line.
 
DerKaiser said:
The 400,000 + unemployed would be far better served by circumstances encouraging employment (even if low paid) than those which discourage employment (minimum wages and benefits trap).
?
Click to expand...
but surely that would lead to the 'race to the bottom' is that what we really want?
 
starlite68 said:
but surely that would lead to the 'race to the bottom' is that what we really want?
Click to expand...

Race to the bottom... God I hate that phrase. It’s just union double speak for protecting the haves from the have-not’s.
Tell me, were you in favour of the race to the bottom when we were at the bottom and we “stole” all the jobs from higher paid Americans in the 80’s and 90’s when Intel, HP, IBM, Boston Scientific, Abbot Labs etc sacked their US employees and moved their jobs here?

The really good thing about international capitalism is that it gives poor countries the opportunity to grow and develop if they have a stable enough political and legal structure to accommodate the inflows of capital. Look at what it has done for South Korea, Ireland, Porto Rica, Costa Rica, Vietnam, Poland etc. The “Race to the bottom” is a poisonous phase that epitomises a mind-set that seeks to deprive the poorest of the poor of the same opportunities that we had. Look at the advances in this country since the 1950’s when we abandoned quasi-socialism and embraced capitalism.
 
starlite68 said:
but surely that would lead to the 'race to the bottom' is that what we really want?
Click to expand...

There is no evidence that suggests that scrapping the minimum wage would lead to a race to the bottom. Likewise there is very little evidence to suggest that scrapping it would automatically lead to more jobs.
 
How come you never get a 'race to the bottom' in the social welfare system?
 
Purple said:
Race to the bottom... God I hate that phrase. It’s just union double speak for protecting the haves from the have-not’s.
Tell me, were you in favour of the race to the bottom when we were at the bottom and we “stole” all the jobs from higher paid Americans in the 80’s and 90’s when Intel, HP, IBM, Boston Scientific, Abbot Labs etc sacked their US employees and moved their jobs here?

The really good thing about international capitalism is that it gives poor countries the opportunity to grow and develop if they have a stable enough political and legal structure to accommodate the inflows of capital. Look at what it has done for South Korea, Ireland, Porto Rica, Costa Rica, Vietnam, Poland etc. The “Race to the bottom” is a poisonous phase that epitomises a mind-set that seeks to deprive the poorest of the poor of the same opportunities that we had. Look at the advances in this country since the 1950’s when we abandoned quasi-socialism and embraced capitalism.
Click to expand...

Agree 100% with all of this.
 
starlite68 said:
that would'nt be much of race in all fairness!
Click to expand...

How about we race down to the EU average for socail welfare and wages, given that we are poxy little island of the coast of a bigger island off the coast of the mainland?
 
Purple said:
How about we race down to the EU average for socail welfare and wages, given that we are poxy little island of the coast of a bigger island off the coast of the mainland?
Click to expand...
cost of living for a start....in this poxy little island as you put it.
 
You must log in or register to reply here.
Back
Top