Inflation drop doesn’t mean wages will rise

Mike is absolutely correct here, the key point for me being household “prices are now outstripping your ability to pay for them at a slightly slower rate.” – The Fact is they are STILL rising and will continue to do despite our social security now offering NO security at all!!

Hope we all survive ’til 2015!!

Vox Political

'For the privileged few': If you're earning the average wage of £26,500 per year, or less, then nothing George Osborne says will be relevant to you. ‘For the privileged few’: If you’re earning the average wage of £26,500 per year, or less, then nothing George Osborne says will be relevant to you.

Why are the mainstream media so keen to make you think falling inflation means your wages will rise?

There is absolutely no indication that this will happen.

If you are lucky, and the drop in inflation (to 1.7 per cent) affects things that make a difference to the pound in your pocket, like fuel prices, groceries and utility bills, then their prices are now outstripping your ability to pay for them at a slightly slower rate. Big deal.

The reports all say that private sector wages are on the way up – but this includes the salaries of fatcat company bosses along with the lowest-paid office cleaners.

FTSE-100 bosses all received more pay by January 8 than average workers earn in a year. Their…

View original post 718 more words

Advertisements

2 thoughts on “Inflation drop doesn’t mean wages will rise

  1. It’s all lies, the media knows it’s all lies and they continue to write what the Tories want.
    I am struggling to keep body and soul together as I can’t stretch the money any further! Rather than the benefits going up 1%, ours have gone down. We’ve lost £3 here, £5 there, we pay more tax on the small pension that my hubby gets so we are actually worse off – and we cannot understand it.
    It’s going to get worse for the “lower classes”, we know it is, and God help us all if this lot are voted back into government – not that they were voted in in the first place!

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s