PowerSwitch Main Page
PowerSwitch
The UK's Peak Oil Discussion Forum & Community
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

End of the Minimum Wage?
Goto page Previous  1, 2, 3, 4, 5, 6
 
Post new topic   Reply to topic    PowerSwitch Forum Index -> Government and Society
View previous topic :: View next topic  
Author Message
EvieG2017



Joined: 19 Nov 2017
Posts: 1

PostPosted: Sun Nov 19, 2017 5:05 pm    Post subject: Reply with quote

DominicJ wrote:
Quote:
We can ritually behead some bankers though, and that will at least provide the public with some justice/entertainment.


And that will bring high paying jobs to the UK will it?

I think we're getting away the minimum wage here...

Fact
I worked for less than minimum wage and it was the best thing I ever did.


I know this is an old thread but I'm curious to know how you managed to live when working for less than minimum wage???!
Shocked I'm currently on the U.K 2017 minimum wage which is £7.50 an hour, I work full time and have a take-home wage of just £14,625 a year


I don't find the idea of struggling to live at all liberating...

I'm curious as to how you found it?!


Last edited by EvieG2017 on Sun Nov 19, 2017 10:09 pm; edited 1 time in total
Back to top
View user's profile Send private message
cubes



Joined: 10 Jun 2008
Posts: 565
Location: Norfolk

PostPosted: Sun Nov 19, 2017 7:17 pm    Post subject: Reply with quote

If housing costs weren't as high living on lower wages (even living on average wage isn't easy now) would be better.

However we apparently have a housing shortage, I really can't see that being the case though, at least, not to the extent we're told. IMO BTL buyers have a lot to answer for.
Back to top
View user's profile Send private message
clv101
Site Admin


Joined: 24 Nov 2005
Posts: 7636

PostPosted: Sun Nov 19, 2017 9:02 pm    Post subject: Reply with quote

I don't think we really have a 'housing shortage' as such. In fact I read somewhere a while ago there's never been as much square meterage of housing per head as there is now.

The overwhelming reason for the unaffordability has been the last couple of decades increase in money supply - where else could it go but to increase housing costs?
_________________
PowerSwitch on Facebook | The Oil Drum | Twitter | Blog
Back to top
View user's profile Send private message Visit poster's website
Little John



Joined: 08 Mar 2008
Posts: 5667
Location: UK

PostPosted: Sun Nov 19, 2017 9:26 pm    Post subject: Reply with quote

Yes, we have had rampant (debt based) monetary inflation in this country for the last two decades. But, it has been largely centered on the one asset class and so people do not recognize it for what it is.
Back to top
View user's profile Send private message Send e-mail Yahoo Messenger
Display posts from previous:   
Post new topic   Reply to topic    PowerSwitch Forum Index -> Government and Society All times are GMT + 1 Hour
Goto page Previous  1, 2, 3, 4, 5, 6
Page 6 of 6

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group