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ntluser · 14-01-2012, 13:28

Things will start to hot up now that a number of Eurozone countries have had their credit ratings down-valued.

Does not look good for Sarcozy prior to the French elections.

Maybe politicians will start to think the unthinkable i.e. that things might be helped if THEY cut their OWN salaries instead of those of everybody else. A person on £100k per year is equivalent to 10 workers on £10k per year but it is doubtful if they do 10 times the work.

Sadly, this government have not realized that more highly paid bosses means fewer actual workers on the ground. Instead of sacking workers they should have reduced wages especially those at the top who have been disproportionately overpaid.

Nice to see that the Lloyds CEO has waived his obscene £2.4 million bonus. That will probably save the jobs of poorer bank workers lower down the chain of command. Pity more bosses cannot think like that instead of simply sacking workers to improve the balance sheet.

The government itself is definitely out of touch with the lives of ordinary people and seems to be more pound foolish than penny wise!! Maybe if they were all on lower salaries they would appreciate better the economics of everyday life for the poor and unemployed in Coalition Britain.

14-01-2012, 13:28	#482
ntluser cf.mega poster Join Date: Jun 2003 Location: Manchester Age: 78 Services: Virgin Media XL Telephone,TV with Tivo box & Superhub3 upto 150Mb Broadband, Sky World, & Freeview+ Posts: 1,901	Re: Eurozone will collapse... Things will start to hot up now that a number of Eurozone countries have had their credit ratings down-valued. Does not look good for Sarcozy prior to the French elections. Maybe politicians will start to think the unthinkable i.e. that things might be helped if THEY cut their OWN salaries instead of those of everybody else. A person on £100k per year is equivalent to 10 workers on £10k per year but it is doubtful if they do 10 times the work. Sadly, this government have not realized that more highly paid bosses means fewer actual workers on the ground. Instead of sacking workers they should have reduced wages especially those at the top who have been disproportionately overpaid. Nice to see that the Lloyds CEO has waived his obscene £2.4 million bonus. That will probably save the jobs of poorer bank workers lower down the chain of command. Pity more bosses cannot think like that instead of simply sacking workers to improve the balance sheet. The government itself is definitely out of touch with the lives of ordinary people and seems to be more pound foolish than penny wise!! Maybe if they were all on lower salaries they would appreciate better the economics of everyday life for the poor and unemployed in Coalition Britain.