The Mudcat Café TM
Thread #110676 Message #2325228
Posted By: The Sandman
25-Apr-08 - 08:22 AM
Thread Name: BS: Teachers on strike UK
Subject: RE: BS: Teachers on strike UK
pay rises are not the only thing that create inflation,
cost of raw materials[oil petrol etc],contribute,as does the amount of money being saved or spent[control of the money supply].
the polticians [ IMO, who are useless anyway]give themselves a rise,but wont give comparable income to the teachers.
IN productive industry,rather than service based,it used to be,deliberately arranged between unions and management to manufacture a one day srike[about some minor demarcation],to keep production down[listen to the song William Brown],and no harm was done to the economy at all,it enabled the price of the produced article to remain high,if too much was produced, the price went down.,it is the very nature of capitalism.Dick Miles