Hypocrisy

Education Secretary Michael Gove has said it is "unfair and unrealistic" to expect taxpayers to foot the growing public sector pensions bill.

But still fair for the taxpayer to fund failed banks and other private companies?

You make me sick

 

I would say that his point is that without a buoyant and successful private sector you just don’t have a public sector. The public sector is completely reliant on the wealth creation driven by the private sector.

 

+1 RedStar

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Re: +1 RedStar

+2.

More and more this tory govt are sounding like they have not got a fecking clue.

 

Where is that "point" in those words quoted? I agree, both sectors need each other, a point the current government and current economic "wisdom" forgets.

 

they are dependent on each other

 

Agreed. But the present economic principle is that we do not need a public sector and everything is eligible to have profit squeezed out of it

 

The present economic principle appears to be anything other perpetual increase in profits and growth is failure. Which can only happen by continual increase of the resource base (not possible while confined to one planet) or decrease of population (more to go around per person).

 

Correct.

 

Isn't the private sector reliant on the 'talent' born in our state funded hospitals, educated in our state funded schools etc?

 

You'd think so. But not whilstthey could privatise them and make money out of them. Free School anyone?

 

That's the next step. And anyone that thinks different is mad.

What's getting on my tits is private sector workers getting the monk on because they see the public sector with a 'better' pension. Ignoring the fact they'll generally be paid much less PA for doing their job in the first place. Grow a pair of balls and do something if you want a better pension, don't just be shat on.

And before sumdi gets uppity - I work in the private sector and joined mi fatha on picket line this morning to show my support.

 

A co-operative pension scheme would be best for the private sector instead of the myriad of schemes currenmtly avaialble that only serve to baffle the ordinary Joe and enrichen the "brokers".

The reason most public schemes are "so good" is because if the size of them and the relatively staid investments they make. In Government bonds usually.....

From a personal point of view I do not have a prIvate pension as they are a complete and utter waste of time IMHO.

 

Re: +1 RedStar

Agree it's like we've gone back to the 80's and worse is still to come

 

Thing is Dyson you have to take the rough with the smooth. Everyone is going to have to suffer for many years to come (bankers excepted).
The economy is in a right pickle after decades of under-investment and a belief that ever increasing house prices, finance, offshoring, consuming cheap foreign goods and producing nowt is the way forward.
It's been a long time coming but we are going to have to accept a much reduced standard of living in the future IMO.

But I don't blame the public sector from taking action, they have the unions,collective strength to do so and are railing against the people who are deciding what their pensions are going to be.

Private workers are dispersed and diversified into so many sectors, with private or company schemes (sometimes none) and it would be difficult to know who they were protesting against.

 

"or decrease of population" .....Now there's a thing.....how to get rid of 6 billion people...without them even knowing it...

 

Hourly rate in public sector is higher than in the private.

 

On average?

'cos the stats I've seen before show you're likely to be paid less in the Public Sector for similar jobs in the Private Sector. Could be wrong, though.

 

"Grow a pair of balls and do something if you want a better pension", Maybe there's no pension money for anyone...and the one's that are getting paid out now...are only courtesy of them that are still blindly paying something in....

Just a thought..

 

In the last century, World War I & II, flu pandemic of 1918, AIDS and drought in Ethiopia all had a good go...

Before that we had enough wars, plagues and pestilence to keep the population roughly in check.