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The Clubhouse Bar
A Political Thread pt. 2
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<blockquote data-quote="Ragey Erasmus" data-source="post: 1089921" data-attributes="member: 56232"><p>This all feels like putting a plaster over a more fundamental problem. The windfall tax is a one off and it's now been established that gas and electric companies can charge WAY more and will continue to profit with the government footing the bill. That either comes from our taxes or debt. We all know that when wholesale prices return to lower levels, the bills will remain higher with maybe a symbolic dip of a few £ but nothing close to offsetting the rise.</p><p></p><p>As a country we have seen taxes go up and the price of virtually everything rising above the increase in wages, nothing is being done to address the fundamental disconnect between rising costs and the relatively stagnant wages. Over the next year it's going to be particularly hard, with certain wealthy individuals who definitely will be getting inflation matching wage rises telling everyone else not to ask for rises! We can't keep getting squeezed, people have to start being paid more. As a society we seem to desperately be trying to entrench the difference between the haves and the have nots, above a certain level things couldn't be better. Below that, we're getting shafted.</p><p></p><p>Add to that the forever ballooning housing market coupled with the imminent rise in interest rates, things could get very rough. All because for the last decade nobody has tried to address the fundamental issues plaguing the economy.</p></blockquote><p></p>
[QUOTE="Ragey Erasmus, post: 1089921, member: 56232"] This all feels like putting a plaster over a more fundamental problem. The windfall tax is a one off and it's now been established that gas and electric companies can charge WAY more and will continue to profit with the government footing the bill. That either comes from our taxes or debt. We all know that when wholesale prices return to lower levels, the bills will remain higher with maybe a symbolic dip of a few £ but nothing close to offsetting the rise. As a country we have seen taxes go up and the price of virtually everything rising above the increase in wages, nothing is being done to address the fundamental disconnect between rising costs and the relatively stagnant wages. Over the next year it's going to be particularly hard, with certain wealthy individuals who definitely will be getting inflation matching wage rises telling everyone else not to ask for rises! We can't keep getting squeezed, people have to start being paid more. As a society we seem to desperately be trying to entrench the difference between the haves and the have nots, above a certain level things couldn't be better. Below that, we're getting shafted. Add to that the forever ballooning housing market coupled with the imminent rise in interest rates, things could get very rough. All because for the last decade nobody has tried to address the fundamental issues plaguing the economy. [/QUOTE]
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