Baroness Thatcher Dead

Genuine question to people who were working in the early 70's:-

I know it's a bit chicken and the egg, but was it wage rises that stimulated inflation, or the other way round.

I know that more people where probably employed by the state in them days, but also private sector pay also normally follows or leads in the same direction.

People are moaning about the unions and maybe rightfully so, but if oil prices go up, food, cost of living, rent (or interest rates), people are going to ask for more money. Did the oil crisis kick it off and wage rises, industrial strife follow as a result?

I think we are teetering now and there isn't major industrial action due to mortgage rates being so low. I am saving £300 on my mortgage than what it was 3 years ago, but that has been offset and more by the price of petrol, food, gas and leccy.

If interest rates went up to say even 5% now, I think we all would be demanding higher wages.
 
Liverbirdie said:
Genuine question to people who were working in the early 70's:-

I know it's a bit chicken and the egg, but was it wage rises that stimulated inflation, or the other way round.

I know that more people where probably employed by the state in them days, but also private sector pay also normally follows or leads in the same direction.

People are moaning about the unions and maybe rightfully so, but if oil prices go up, food, cost of living, rent (or interest rates), people are going to ask for more money. Did the oil crisis kick it off and wage rises, industrial strife follow as a result?

I think we are teetering now and there isn't major industrial action due to mortgage rates being so low. I am saving £300 on my mortgage than what it was 3 years ago, but that has been offset and more by the price of petrol, food, gas and leccy.

If interest rates went up to say even 5% now, I think we all would be demanding higher wages.
Click to expand...

Good luck with that :(
 
Liverbirdie said:
Genuine question to people who were working in the early 70's:-

I know it's a bit chicken and the egg, but was it wage rises that stimulated inflation, or the other way round.

I know that more people where probably employed by the state in them days, but also private sector pay also normally follows or leads in the same direction.

People are moaning about the unions and maybe rightfully so, but if oil prices go up, food, cost of living, rent (or interest rates), people are going to ask for more money. Did the oil crisis kick it off and wage rises, industrial strife follow as a result?

I think we are teetering now and there isn't major industrial action due to mortgage rates being so low. I am saving £300 on my mortgage than what it was 3 years ago, but that has been offset and more by the price of petrol, food, gas and leccy.

If interest rates went up to say even 5% now, I think we all would be demanding higher wages.
Click to expand...

The problem is that it's not the employers fault. If they have to pay you more then they have to charge more for their product which is inflationary, you would then want more wages, and so on and so forth.
 
The people who would be up 'Ray's creek' if interest rates go up are the people who are over mortgaged. Businesses budget for interest rate rises, most individuals don't.
 
Liverbirdie said:
I know matey, not proposing one, just saying that if interest rates went up a few percent, the country would be up rays creek.

I haven't had a cost of living one for about 6 years (at two different employers).
Click to expand...

The problem a lot of people find during this recession, is if you get made redundant and manage to find similar employment, you are likely to be earning considerably less. Experienced this unfortunately :(
 
Snelly said:
And this campaign to get Ding, Dong, The Witch Is Dead to number 1 in the charts is just awful. What a disgracefully disrespectful idea. The utter, utter morons that are buying the tune must be pretty horrible people. Am looking forward to meeting someone that has taken part in this.

Ditto all the Thatcher haters who are today, vowing to line the streets of the funeral procession and turn their backs as the cavalcade travels by. Have these people really not got anything better to do with their empty, pointless, bitter, twisted little lives than this?

Absolutely pathetic.
Click to expand...
I couldn't agree more. The thing that strikes me is that most of the people at the "death partys" and presumably most buying the music are young. These people weren't around in the 80's. If you are under 23 you never lived under Thatcher rule. Whilst that doesn't mean they are not entitled to their opinion, it does raise the question as to why they have that opinion and hold often misguided views. I can only conclude that it is their parents and grandparents that have passed down this hatred. Do you remember when Tony Blair stepped down and David Cameron had all the Tory benches stand and applaud him? And yet here we are with people from the left falling over themselves to deliver the most heinous condemnations of Mrs. Thatcher before she has gone cold. The left have shown themselves up this week for exactly who they are. A classless, bitter rabble full of hatred and vitriol. Either their parents didn't teach them how to behave or they have forgotten. This is not the British working class I know and respect.
We also have to ask, why don't those who are celebrating want people to do better by going out to work? Why don't they want decent working people to own their own home? Why don't they want working families to own shares? All things Mrs. Thatcher made possible. Because to do all that you have to get off your backside in the first place. That is exactly what they don't want to do and under too many governments they haven't had to. Under Mrs. Thatcher nobody got a free ride on the backs of hard working people and that is exactly what they cannot abide.
 
Through the early parts of my mortgage interest rates were running between 6 to 8%.
After Black Thursday interest rates touched 15% for a while.

What would you rather have nowadays, status quo or 8% inflation with everyone fighting for a pay rise?
 
Iaing said:
Surely you could have 'got on your bike' and found something better elsewhere?
Click to expand...

Do you not think I would have done that? The average wage across a number of jobs, for a new start at a company, is considerably lower than it was a few years ago.
 
People have very strong feelings about this...... that cannot be prevented..... however, using someones funeral for political gain is absolutely shameful and that the Head of State is involved in this, makes it even worse. This is why the strength of response is as it is..... a simple "going" would have been so much more appropriate and would have been left alone by many of those who had to endure her, uncaring, evil times & actions....ie mostly us in The North.
As virtually all the media & their responses are skewed, other than The Independent, it makes the 69p download cost of DD an effective & clear message, even though it doesn't mention her directly & doesn't involve encouraging police to beat citizens with batons......... though, sadly, I think this will be seen again on Wed. :-( This could all have been avoided.
 
I said from the start that a Ceremonial funeral was a big mistake. Probably one that the decision makers will regret.

It could be the match that will inflame the far left. They have been boiling under for too long now.

There again maybeees that is what the decision makers want.
 
2blue said:
doesn't involve encouraging police to beat citizens with batons......... though, sadly, I think this will be seen again on Wed. :-(
Click to expand...

Is it not the Police's job to maintain order? If they're confronted by a sizeable mob intent on criminal damage and/or physical damage, how do you propose that they maintain order? A quiet word? A 'de-stress counselling session'? Perhaps a group hug? No! You hit them and you hit them hard. There's no other way. Ask any football hooligan from the 70s/80s.

Or, go on to the continent and see how the Police deal with rioters/unruly protesters. Tear gas, rubber bullets and very, very strong arm tactics. Our Police are very restrained considering.
 
Doon frae Troon said:
I said from the start that a Ceremonial funeral was a big mistake. Probably one that the decision makers will regret.

It could be the match that will inflame the far left. They have been boiling under for too long now.

There again maybeees that is what the decision makers want.
Click to expand...
Could be.... for political gain... shameful.... involvement right from the top.... they're all in it together
 
Iaing said:
Nor is it the employees fault!
Click to expand...

Many small businesses go under if the wage bill rises and they cant pass on the costs, it's everyones responsibility in a business to act responsibly. Unfortunately much of the bloated public sector think the money supply for them is endless. Another issue only strong leadership can tackle.
 
Last edited:
Whilst that doesn't mean they are not entitled to their opinion, it does raise the question as to why they have that opinion and hold often misguided views. I can only conclude that it is their parents and grandparents that have passed down this hatred. Do you remember when Tony Blair stepped down and David Cameron had all the Tory benches stand and applaud him? And yet here we are with people from the left falling over themselves to deliver the most heinous condemnations of Mrs. Thatcher before she has gone cold. The left have shown themselves up this week for exactly who they are. A classless, bitter rabble full of hatred and vitriol. Either their parents didn't teach them how to behave or they have forgotten. This is not the British working class I know and respect.
We also have to ask, why don't those who are celebrating want people to do better by going out to work? Why don't they want decent working people to own their own home? Why don't they want working families to own shares? All things Mrs. Thatcher made possible. Because to do all that you have to get off your backside in the first place. That is exactly what they don't want to do and under too many governments they haven't had to. Under Mrs. Thatcher nobody got a free ride on the backs of hard working people and that is exactly what they cannot abide.[/QUOTE]

Utter rubbish, so tar every left leaning thinker as "classless, bitter rabble full of hatred and vitriol" - can you hear yourself. I think one thing that comes through this thread is lots of different views ans extremes from both left and right, but oh no, were all the same.

"Under Mrs. Thatcher nobody got a free ride on the backs of hard working people and that is exactly what they cannot abide" - so all the bankers, futures traders, millionaire off shore account tax avoiders didn't.

What world do you live in?

Sorry, cat doffed and forelock tugged, my liege.
 
Pete..... North...South... worlds apart. You wouldn't think we speak the same language let alone share the same culture. How have we have moved so far away from each other. They are not even close to understanding our feelings about her.... or more importantly, why!!!! I'm probably a fair bit older than most on this forum and can honestly say that from my experience the North is a caring/sharing culture.. the South, every thing you can get away with is fair game and up for grabs. Maybe a pretty broad description but there'll be a few nodding heads.
 
2blue said:
Pete..... North...South... worlds apart. You wouldn't think we speak the same language let alone share the same culture. How have we have moved so far away from each other. They are not even close to understanding our feelings about her.... or more importantly, why!!!! I'm probably a fair bit older than most on this forum and can honestly say that from my experience the North is a caring/sharing culture.. the South, every thing you can get away with is fair game and up for grabs. Maybe a pretty broad description but there'll be a few nodding heads.
Click to expand...


Dave you don't speak the same language ;)
 
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