The morons in the government have increased the minimum wage and
trainee amounts ... which means companies paying those employees will
now have to raise prices to cover the increase, and everyone else will >expect a pay rise too, so yet more price increases, and every comany
using those companies will also have to raise prices. So much for the >government doing anything about "the cost of living crisis", the
snowball just continues to grow. We'll soon be paying $60 for a bottle
of milk and $100 for a block of butter. :-\
The morons in the government have increased the minimum wage and
trainee amounts ... which means companies paying those employees will
now have to raise prices to cover the increase, and everyone else will expect a pay rise too, so yet more price increases, and every comany
using those companies will also have to raise prices. So much for the government doing anything about "the cost of living crisis", the
snowball just continues to grow. We'll soon be paying $60 for a bottle
of milk and $100 for a block of butter. :-\
The morons in the government have increased the minimum wage and
trainee amounts ... which means companies paying those employees will
now have to raise prices to cover the increase, and everyone else will >expect a pay rise too, so yet more price increases, and every comany
using those companies will also have to raise prices. So much for the >government doing anything about "the cost of living crisis", the
snowball just continues to grow. We'll soon be paying $60 for a bottle
of milk and $100 for a block of butter. :-\
Your Name <YourName@YourISP.com> wrote:
The morons in the government have increased the minimum wage and
trainee amounts ... which means companies paying those employees will
now have to raise prices to cover the increase, and everyone else will
expect a pay rise too, so yet more price increases, and every comany
using those companies will also have to raise prices. So much for the
government doing anything about "the cost of living crisis", the
snowball just continues to grow. We'll soon be paying $60 for a bottle
of milk and $100 for a block of butter. :-\
Of course if they didn't do it the left would be crying worker
poverty. It's a lose lose situation.
On 2025-12-14 19:27:18 +0000, Mutley said:Putting a wage cap in place would do two things immediately.
Your Name <YourName@YourISP.com> wrote:
The morons in the government have increased the minimum wage and
trainee amounts ... which means companies paying those employees will
now have to raise prices to cover the increase, and everyone else will
expect a pay rise too, so yet more price increases, and every comany
using those companies will also have to raise prices. So much for the
government doing anything about "the cost of living crisis", the
snowball just continues to grow. We'll soon be paying $60 for a bottle
of milk and $100 for a block of butter. :-\
Of course if they didn't do it the left would be crying worker
poverty. It's a lose lose situation.
Probably. The much more sensible idea would be to have a *maximum* wage
cap to stop upper management being paid ecessive amounts and then keep >prices down ... but of course politicians won't do that because they
often were and are upper management, plus ever increasing high-end
wages and price increases gives the government more in income taxes and >sales taxes. :-\
Your Name <YourName@YourISP.com> wrote:
On 2025-12-14 19:27:18 +0000, Mutley said:
Your Name <YourName@YourISP.com> wrote:
The morons in the government have increased the minimum wage and
trainee amounts ... which means companies paying those employees will
now have to raise prices to cover the increase, and everyone else will >>>> expect a pay rise too, so yet more price increases, and every comany
using those companies will also have to raise prices. So much for the
government doing anything about "the cost of living crisis", the
snowball just continues to grow. We'll soon be paying $60 for a bottle >>>> of milk and $100 for a block of butter. :-\
Of course if they didn't do it the left would be crying worker
poverty. It's a lose lose situation.
Probably. The much more sensible idea would be to have a *maximum* wage
cap to stop upper management being paid ecessive amounts and then keep
prices down ... but of course politicians won't do that because they
often were and are upper management, plus ever increasing high-end
wages and price increases gives the government more in income taxes and
sales taxes. :-\
Putting a wage cap in place would do two things immediately.
1. We would lose some talented managers to other countries and there are many of them. That would make us uncompetitive internationally.
2. It would have virtually no effect at all on prices (ironically it might increase them because of incompetent replacement managers, see 1. above), the percentage of profit that the senior management team costs most companies is tiny, usually much less than 1% of total costs. A small imposition to keep talent.
On 2025-12-15 06:23:19 +0000, Tony said:
Your Name <YourName@YourISP.com> wrote:
On 2025-12-14 19:27:18 +0000, Mutley said:
Your Name <YourName@YourISP.com> wrote:
The morons in the government have increased the minimum wage and
trainee amounts ... which means companies paying those employees will >>>>> now have to raise prices to cover the increase, and everyone else will >>>>> expect a pay rise too, so yet more price increases, and every comany >>>>> using those companies will also have to raise prices. So much for the >>>>> government doing anything about "the cost of living crisis", the
snowball just continues to grow. We'll soon be paying $60 for a bottle >>>>> of milk and $100 for a block of butter. :-\
Of course if they didn't do it the left would be crying worker
poverty. It's a lose lose situation.
Probably. The much more sensible idea would be to have a *maximum* wage
cap to stop upper management being paid ecessive amounts and then keep
prices down ... but of course politicians won't do that because they
often were and are upper management, plus ever increasing high-end
wages and price increases gives the government more in income taxes and
sales taxes. :-\
Putting a wage cap in place would do two things immediately.
1. We would lose some talented managers to other countries and there are many
of them. That would make us uncompetitive internationally.
Not if every country did it at the same time. :-)
2. It would have virtually no effect at all on prices (ironically it might >> increase them because of incompetent replacement managers, see 1. above), the
percentage of profit that the senior management team costs most companies is >> tiny, usually much less than 1% of total costs. A small imposition to keep >> talent.
Most managers have no talent and do little to nothing for the companies
they supposedly work at. The higher up the management chain you go, the
more useless they become. Many managers are also simply "business
heads" who have no understanding about the actual products / services
the company they run provides - most of the time they're jumping from >selling cars, to selling food, to selling tech, etc. This complete lack
of knowledge can and has often caused the company to go bankrupt.
Two obvious examples at the extreme end are Donald Trump and Elon Musk,
both of whom get paid millions (if not billions) of dollars by multiple >companies and do pretty much no actual *work* for any of them. Plus of >course all the "fees" they get for being on the management board of
other companies.
On 2025-12-15 06:23:19 +0000, Tony said:They won't of course.
Your Name <YourName@YourISP.com> wrote:
On 2025-12-14 19:27:18 +0000, Mutley said:
Your Name <YourName@YourISP.com> wrote:
The morons in the government have increased the minimum wage and
trainee amounts ... which means companies paying those employees will >>>>> now have to raise prices to cover the increase, and everyone else will >>>>> expect a pay rise too, so yet more price increases, and every comany >>>>> using those companies will also have to raise prices. So much for the >>>>> government doing anything about "the cost of living crisis", the
snowball just continues to grow. We'll soon be paying $60 for a bottle >>>>> of milk and $100 for a block of butter. :-\
Of course if they didn't do it the left would be crying worker
poverty. It's a lose lose situation.
Probably. The much more sensible idea would be to have a *maximum* wage
cap to stop upper management being paid ecessive amounts and then keep
prices down ... but of course politicians won't do that because they
often were and are upper management, plus ever increasing high-end
wages and price increases gives the government more in income taxes and
sales taxes. :-\
Putting a wage cap in place would do two things immediately.
1. We would lose some talented managers to other countries and there are many
of them. That would make us uncompetitive internationally.
Not if every country did it at the same time. :-)
If that is your esperience I am sorry that you have had to put up with it. But clearly you are wrong.2. It would have virtually no effect at all on prices (ironically it might >> increase them because of incompetent replacement managers, see 1. above), the
percentage of profit that the senior management team costs most companies is >> tiny, usually much less than 1% of total costs. A small imposition to keep >> talent.
Most managers have no talent and do little to nothing for the companies
they supposedly work at.
The higher up the management chain you go, theEven more wrong.
more useless they become.
Many managers are also simply "business
heads" who have no understanding about the actual products / services
the company they run provides - most of the time they're jumping from >selling cars, to selling food, to selling tech, etc. This complete lack
of knowledge can and has often caused the company to go bankrupt.
Two obvious examples at the extreme end are Donald Trump and Elon Musk,
both of whom get paid millions (if not billions) of dollars by multiple >companies and do pretty much no actual *work* for any of them. Plus of >course all the "fees" they get for being on the management board of
other companies.
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