Re: Conservative Party Conf : Fri Oct 08, 2021 7:28 am  

JONNYGIANT wrote:

What's wrong with higher wages funded by the private sector

You cant just pay higher wages with no additional "return", that will just lead to inflation and interest rate increases.

If Tesco's have to pay their staff significantly more (starting with their drivers, for instance), they will recover those increases by increasing prices, which you, me and everyone else have to pay.
Bojo's mantra is almost the polar opposite of the Tory mantra of the last 40 years.

It's ok suggesting that "we" want a high skilled, high wage economy but, that take years to achieve (if it can be achieved) and in the meantime, Bojo has lifted the lid on increasing wage demands. It's certainly an different approach

Re: Conservative Party Conf : Fri Oct 08, 2021 7:31 am  

wrencat1873 wrote:

You cant just pay higher wages with no additional "return", that will just lead to inflation and interest rate increases.

If Tesco's have to pay their staff significantly more (starting with their drivers, for instance), they will recover those increases by increasing prices, which you, me and everyone else have to pay.
Bojo's mantra is almost the polar opposite of the Tory mantra of the last 40 years.

It's ok suggesting that "we" want a high skilled, high wage economy but, that take years to achieve (if it can be achieved) and in the meantime, Bojo has lifted the lid on increasing wage demands. It's certainly an different approach

But you are supporting Labour's £15/hr minimum wage - go figure?

Re: Conservative Party Conf : Fri Oct 08, 2021 8:01 am  

Zoo Zoo Boom wrote:

But you are supporting Labour's £15/hr minimum wage - go figure?

Am I ?

I would suggest this is yet another mistake, that has come from conference

Re: Conservative Party Conf : Fri Oct 08, 2021 8:18 am  

wrencat1873 wrote:

You cant just pay higher wages with no additional "return", that will just lead to inflation and interest rate increases.

If Tesco's have to pay their staff significantly more (starting with their drivers, for instance), they will recover those increases by increasing prices, which you, me and everyone else have to pay.
Bojo's mantra is almost the polar opposite of the Tory mantra of the last 40 years.

It's ok suggesting that "we" want a high skilled, high wage economy but, that take years to achieve (if it can be achieved) and in the meantime, Bojo has lifted the lid on increasing wage demands. It's certainly an different approach

Why can't we have a high skilled high wage economy and who mentioned anything about no return, and what would be so bad about an inflation rise

Re: Conservative Party Conf : Fri Oct 08, 2021 8:30 am  

JONNYGIANT wrote:

Why can't we have a high skilled high wage economy and who mentioned anything about no return, and what would be so bad about an inflation rise

For a high skilled economy you needed to start investing in education at least a decade ago.
Coincidentally the time the Tories started slashing at it.

Nostalgia for inflation is a new one, deary me it's desperate times when that's the argument.

Re: Conservative Party Conf : Fri Oct 08, 2021 9:24 am  

The Ghost of '99 wrote:

For a high skilled economy you needed to start investing in education at least a decade ago.
Coincidentally the time the Tories started slashing at it.

Nostalgia for inflation is a new one, deary me it's desperate times when that's the argument.

Wasn't that the whole point of controlled immigration and you must have conveniently missed the various apprenticeship schemes, doesn't suit your agenda does it
And tell me what's wrong with an inflation rise going side by side with wages increasing

Re: Conservative Party Conf : Fri Oct 08, 2021 11:00 am  

The global economy is on a knife edge at the moment. Global labour shortages, severely disrupted supply chains, inflation rising globally at rates not seen in decades, and probably most worryingly, China looks like it's property bubble is finally about to burst. So, to lay the blame at any individual government is an over simplification IMO.

If inflation continues rising, then companies will have no choice but to increase wages.

Re: Conservative Party Conf : Fri Oct 08, 2021 11:26 am  

They did with the global bank crisis in 2008 when it was all Labours fault.
I note at his conference speech he referred to his ready made deal for social care when he was appointed Tory leader. He suggested that he was now getting on with it therefore one must presume it was always his intention to increase NI however I don’t remember this ever being in their manifesto.

Re: Conservative Party Conf : Fri Oct 08, 2021 11:46 am  

Scarlet Pimpernell wrote:

They did with the global bank crisis in 2008 when it was all Labours fault.
I note at his conference speech he referred to his ready made deal for social care when he was appointed Tory leader. He suggested that he was now getting on with it therefore one must presume it was always his intention to increase NI however I don’t remember this ever being in their manifesto.

He also said the British economy will grow quickest in the G7

Re: Conservative Party Conf : Fri Oct 08, 2021 11:58 am  

If based on the usual period we are actually 5th but Boris likes to twist a statistic.