'National pay grades and scales must be scrapped if Cameron is to rebalance the economy fairly; as must the national minimum wage.', writes Raedwald. An obvious piece of scorched earth that must be reclaimed from the Thirteen Years (and more, unfortunately) of misrule.
Now that universality of benefit from the intervening state has been rejected, it is time to face up to the trade unions and end distortions of the market that result in wages being higher than is competitive in many parts of the UK, and too low in the South-east and London; particularly as the trade unions are heavily skewed towards representing workers in the public sector.
What reason can there be to pay out more than the market demands for teachers, health service staff, general clerks, and manual worker grades other than that in other times and under other ideologies unions were permitted to impose inappropriate rewards at the expense of tax payers?
The destruction wrought by Labour in its atrocious failure to restrain brownian pseudo-economics must at least bring down a trade union-imposed folly of paying far too much to some and far too little to others just because the work they do is similar. And there can be no national minimum wage once we have to abandon universality of support for children and the old.
14 hours ago