Tuesday, 22 May 2012
I am getting rather tired of the very wealthy placing the burden of the cuts and a reduction of living standards on the backs of the low paid, insecure worker. I am firmly of the opinion that many big companies are keeping their profits nice and high and bonuses for Chief Executives nice and fat. Recently the pay of the leaders of the top FTSE companies was reported by 47% at a time when the wages of many are at stand still or are being eroded.
The present crisis and our inability to get out of the greatest economic depression for over a century is not because minimal employment rights improved in the last decade or because a very basic minimum wage was established initially at £3.60.