Wages are increasing in a lot of sectors and I will certainly be increasing my own rates soon.
Tut! Tut! But obviously you are worth it. Others are not.
I would prefer to eradicate homelessness.
Wouldnt we all.
Not true; if the economy just gets bigger, i.e. more people working in it,
Yes, that is a benefit. But no pay increases?
The additional people working in it.
Who will spend, creating demand. Fiscal stimulus can contribute hugely here.
Do you really think the LUAS drivers, the best paid tram drivers in Europe before the strike.
I think agreements reneged on, on the pretence that there is no scope for negotiating pay rises, when clearly there was, is exploitation.
Whether they are the best paid or not is mute. Perhaps they live in one of the most expensive cities, relative to income? Perhaps they provide the best tram service in Europe? I mean, whatever the market dictates, isnt that right?
What would you prefer; wage increases in the Public Sector or give the homeless a home?
Ive already answered that.
Transdev obviously have the funds to pay for increases in wages and as you have said are "ploughing ahead with lucrative expansion plans."
Thats not what they said before the strike. They delayed , and threw obstacles and hid behind political circumstances.
Benchmarking 2.0 in 2008 delivered 0%. Dont let an inconvenient truth stop you however. Again, you divert the topic onto public sector pay. Your own sought after wage increase does not factor into the cost of living in this country does it not? If you get a pay rise, will others in your sector not seek the same? Or are you looking at rises awarded to colleagues and playing a bit of catch up?
You have said that we shouldn't borrow to just raise wages, so how should these wage demands be met?
Fiscal stimulus. I've already told you this, why do you keep repeating it? If you were in charge you would eradicate homelessness. I have told you the amount of trades and workers that could benefit, not a public sector worker in sight. This topic is not about current pay disputes of any particular sector. It is about formulating economic policy that will bring people back to work, increase state revenues, reduce the cost of welfare benefits, increase incomes and provide economic stability in the years ahead.
What we currently have, is the same bankrupt monetary policy that is based on credit expansion upon wage restraint. It cannot continue, it is a busted flush. You have said so yourself referring to the 'suckers' who borrow too much.
It becomes my business if I have to pay for their wage increases through higher taxes or more borrowings,
And your pay rise becomes my business if my cost of living increases. Or are you excluded from the economy as a whole, do you not count in the overall scheme of things?
I agree, but my point was that an organisation that gives everyone the same increase in pay would never attract him
Bully for him.
I don't understand what you mean. I was referring to the nonesense that is equality of outcome.
I was referring to your incessant compulsion to talk about public sector pay only, and ignore private sector pay increases.
There are workers out there who have never advanced themselves and are crap at their job, always sick etc
So for that, the rest of the workforce should freeze, cut pay?
If you are sick, you are sick. Either you lose your job and rely on disability allowance or you dont progress far in your job and remain on low pay. What proportion of the population are we talking about here? What levels of pay or disability allowances are we talking about, that could prevent the progress of the rest of the workforce?
If they don't like their pay levels, find another job.
Yes, and then other workers can fill their vacancies for less income. Because they wil only be too glad to work for less, a bit like what is actually happening - new recruits to teaching and the Gardai are just so grateful to have a job that pays less than their colleagues.
Giving them higher pay means that someone else is subsidising them
Only if you believe that what they do for a living is being overvalued. Take the (near) Garda strike for example. Had the Gardai gone on strike and someone shunted into the back of your car that morning, you would obviously file an insurance claim. But without a Garda report, the insurance claim may not get through if the other party in the accident denied what occured. Think of all the court cases thrown out because Garda witness didnt turn to court. Think of large entertainment and sport events that would have to be cancelled because of no garda presence. Think of security cash vans that couldn't deliver to atms because without garda emergency response are not insured.
Think of serious crimes not being investigated properly, the list goes on.
But the point is, the cost to the economy and society at large is far greater, in the absence of law enforcement, than the cost of a days wage to gardai.
But rather than borrowing more money to fix it I would reduce current spending instead. I would reverse the measures introduced in the budget for example and put the money into eradicating homelessness.
If you want to that that is fine. You are simply re-directing spending, not reducing it. Instead of money pumped into the economy via public sector wages, you would pump money into the private sector through a house building program, private sector wages. Its fiscal stimulus either way, what ive been arguing for.
My point is that (1) you have said that we shouldn't borrow just to give someone a pay rise and (2) you prefer to eradicate homelessness rather than increasing pay in the public sector. So why argue further for pay increases....why not instead put your efforts into promoting the eradication of homelessness, as you have said yourself, you would rather fix this first?
To eradicate homelessness, as you have pointed out, will require people to be paid. Its still government spending. It creates demand and in turn this will lead to wage increases across the economy. Its not rocket science.
Instead what we have is QE, bank balance sheets being stuffed with money printing. So banks will lend again, so we can buy ipads and SUV's or go on the rip, or speculate on property prices etc
Interesting you are referencing the policies of a clear winner of capitalism.
The guy is twerp, out of his depth, and if that is your idea of a 'winner', thats your view.
But at least he has the foresight to see fiscal stimulus, infrastructure spending and borrowing is preferable to what we have now.
In any case, as per above, Trump seeks to finance this with new bonds.
Yes, government borrowing. Money is cheap.
I find it interesting that you dont seem to take issue with private banks borrowing at 0% so they can lend us the money to be 'suckers', but you take issue with government borrowing even if it may eradicate homelessness.
Also, he is looking to reduce corporate tax. Interesting that, as most of the Left argue for higher corporation taxes
Like I said, he is a twerp. Nowhere have I argued for reduced corporate tax.