Salad Days

The 'final days' of government (11.05.2010) are at the opposite end to it's salad days and commits any future, but different, government to massive debt by spending billions in a recession causing depression. Most importantly, the taxpayers controlled by that (or any) government are condemned to being shackled for all time.

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The picture appears to be painted by MPs removing finance from the till (expenses) before it closes. Until the next time. As the (global) population continues to grow, competition becomes more fierce. The capitalist ethos invokes profit, so some companies will inevitably exploit the situation by 'threatening' redundancy. The effect is to enable shedding jobs and enforcing pay reductions so lowering the salary bill. And forcing those with jobs to undertake increased work loads with the threat of losing their job if they don't comply.

In the longer term this is doomed to fail since people can only do so much. Unless they feel compelled to work extra (unpaid) hours to not be seen to fail in their work tasks. During the course of this inevitable (longer term) failure, any annual pay rise (if they ever happen) will never catch up what has been taken away and the stick will come out with which to beat up employees. It's so predictable. The numbers of suitably qualified unemployed will rise with the consequence that lower salaries will be offered. Inflation and the costs of living will continue to rise, but with reduced salaries. Graduates will continue to feed the over supply of the newly never-employed. The disaster can be clearly seen coming as it's all so predictable. If ever a sequel to the engineered 'economic crisis' were needed, this must surely be it. The 'engineered' global effects ensure people don't just up and go abroad (even in bluff) since there would be no advantage in so doing.

Of course, if employees don't agree to a salary reduction to save others' jobs, then this is basically the company demonstrating the coward's way out by pushing the blame onto work colleagues for failing to agree a 'sacrificial' pay reduction.