Originally Posted by neonplanet40
Well guys we got a letter here yesterday from our electric company and our prices are rising 20% as from the 1st of July !!!!!!
Not good at all. Then you have that prick telling people not to ask for pay rises! How idiotic is that? Surely if people haven't enough money as it is and all these prices are going up then a pay rise is exactly what they need?!
That leads to even higher inflation. The last thing we want is going back to the 70's and spiralling, rampant inflation bought on by rising wages and therefore subsequent price rises. If you think 4% (official) is bad go and look up the inflation rates of the 70's - 25% anyone?
You are looking down the wrong end of the telescope. It's not people's wages that need to rise, it's the tax they pay has to be reduced.