Labour Supports Pay Freeze for Public Sector Workers

Posted by PITHOCRATES - January 15th, 2012

Week in Review

Deficits have consequences.  Because you can’t just keep on borrowing money you don’t have.  So eventually the day comes when everyone realizes that they must live within their means.  Even political opponents (see Balls backs public sector pay freeze posted 1/14/2012 on the BBC News UK).

Shadow chancellor Ed Balls has indicated Labour will support a pay freeze for public sector workers in order to help reduce the deficit.

Mr Balls told BBC Radio 4’s Today programme that getting people into jobs must come before higher pay.

The UK’s deficit is about 10% of GDP.  Ditto for the US.  The UK’s debt is about 95% of GDP.  The US is about 100% of GDP.  In Reagan’s last year as US president it was only about 51% of GDP.

Deficits and debt are rising to dangerous levels.  They’re so high in the UK that the Labour party, the party of public sector workers, will support a freeze for public sector workers.  That’s serious.  For even in the US where the numbers are even worse the Democrats (the party of public sector workers) don’t dare to breathe such sentiments.  They still talk about making the rich pay their fair share of taxes.  They never talk about cutting spending.  Never.  Unless it’s defense spending.

The Brits are trying to do the responsible thing.  Even the political opposition is going along because it’s in the best interests of their country.  Suspending politics as usual at the highest levels.  It would be nice to see something like that in their former colony.  The United States.

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