Now, engage your brain. What do you think will happen to the price of a pint when all the bar staff wages are increased to £15ph?
You can't be THIS stupid, surely?
If you talk to liberal academics, they think people on the political right are emotionally driven and uninterested in incorporating reason and facts into their worldviews.
However in virtually every modern debate it's exactly the opposite we see over and over again.
Incentives matter.
Gary admitted on Pier’s Morgan that he made around £2m as a trader. This may seem like a lot of money, but it’s not retirement money on the lifestyle he will maintain.
Gary needs to sell books and awareness. He’s spotted a vulnerability with a particular group so he sells emotional based economics. It isn’t actually economics, it’s whinging and victim culture.
His answers come down to socialism, but socialism harms the people he claims to want to help.
Gary is wrong. Don’t be a Gary.
“Pressure is a Privilege. And if you’re feeling any pressure or weight of expectation, you are breathing rare air, that very few of us get to live inside”.
Unbelievable piece of poetry .
The median salary of Tesco’s 300,000 employees is around £28,000. Giving them all at £72,000 pay rise would cost over £21 billion. Tesco made £3 billion last year. So, even if the CEO took a 85% pay cut as you propose, I’m not sure it would work.
35K is not a good salary no matter how much people want it to be. It is not just that the UK lacks ambition, it is that ambition itself is punishable here. They accept the scraps they are given freely and if you dare to be the kind of person that does not…you’re the problem.
Imagine having the stress and responsibility of running an organisation that employs 400,000 people and some loser with a free flat and taxpayer funded car says you should be happy to do it for £100k a year so they have more money to spend on deliveroo
It really is a race to the bottom for these freaks. All it does is drive talent abroad, lower the amount the government receives in taxes and hinder people who have done well for themselves.
It’s a policy of jealousy not equality
The 10:1 pay ratio is such infantile utopianism it frankly beggars belief. It's such an unserious, student-politics-like policy that it it almost incomprehensible that it is a real suggestion from a major contender in British politics. Mind blowing!