To exercise restraint. It is because we inherited the biggest deficit in history. The Prime Ministerfound £1 billion to keep her ownjob, why cant she find the same amount of money to keep nurses and teachers in theirjob, who after all serve all of us . Contrary to all of what he said, we have more nurses working in the nhs today compared to 2010. Let me remind the right honourable gentleman of what happens when you dont deal with the deficit. Its not a theoretical issue. Lets look at those countries who failed to deal with it. In greece, where they havent dealt with the deficit. What did we see with failure to deal with the deficit . Spending on the Health Service cut by 36 . That doesnt help nurses are patients. Or patients. I hope the Prime Minister is proud of her record of controlling Public Sector pay to the extent that hard working nurses have to access food banks in order to survive. And the frozen wages of teaching assistants, paramedics and council workers, but it is not just
Thanks to our powerful trade policies, the Trade Deficit is falling and falling. American steel mills are back open for business. We are starting to set new records, and nobody believes it could happen this quickly. Democrats want to raise your taxes. They want to destroy your jobs. They want to crush our industries with crippling regulations. And you know the stock market is up almost 40 since that great november day. And america now is winning again like they havent won before. Bill it went on like for over an hour. The headline. U. S. Workers get the biggest pay raise in 10 years. Wage growth that has been stagnant for americans. Absolutely. Gdp numbers last quarter were very good. Around expectations a little over 4 . More than sustainable growth. Something you can hang your hat on. Again, economists, moodys say if the trade policies were fully implemented you could shave up to 3 10 of a point off the gdp. Its trillions of dollars of lost economic activity. Bill scaramucci is writi
By Reuters Staff
2 Min Read
TOKYO, Jan 19 (Reuters) - Japan’s biggest business lobby shrugged off on Tuesday calls for wage hikes as it braced for key spring salary negotiations with labour unions, calling blanket pay rises “unrealistic” as companies are hit by fallout from the COVID-19 pandemic, officials said.
Keidanren, unveiling a guide to the upcoming wage talks which will be wrapped up in mid-March, stressed that the priority was job protection rather than wage hikes, given the current economic and health crisis.
The business lobby’s cautious stance signalled tough negotiations with labour unions led by Rengo, which has called for uniform base pay hikes around 2%, after last year when the management offered the lowest wage increases in seven years.
need a magic wand and they said it s impossible. 836,000 in 19 months. they were getting used to it and we came to a point we were just anticipating it. we learned how to appreciate mediocrity. maybe we ll set the bar too high but i think we are now. sandra: what is going on with wages. we re seeing better numbers on the economy wages were stagnant. are they moving? they re moving but not as fast as they should. two things hurting wages. one, the people who are making the most money as they leave the job force you have younger workers coming in don t make the same amount doing the same kind of jobs and the skills gap is deafening. everything people talk about. i don t care if it s tariffs, federal reserve. the number one impediment to our economy is the unskilled worker.
should be. this is the worse recovery from a severe recession in american history. the reasons are apparent. weak dollar, uncertainty about taxes. massive new regulations coming across healthcare. that s why we re not having the job creation we need and should have and normally would have. david: neil, who is right on this? steve or dennis? he is not addressing the issue. do we have a good labor market when wages are going down? it shows flexibility. would we be better off in detroit when the wage were going up and up and we put ourselves in bankruptcy? that s not the way it works. if we re paid too much we have to have an adjustment. we re finding there is slack in the economy. thank god in our economy wages can go down. the alternative would be france. although, emac, if you had someone making $150,000 before now working as a barrista at a starbucks for $8 an hour, they don t think they were making too much before. right. this is a dreadful trend. i m sorry, but dennis lost m