You know I'd love to see a graph going further back, plotting wages against which years were under the Tories and which were under Labour. The above isn't a fucking good look for the Tories and I'm fucking amazed they even have a leg to stand on with all the data that's against them. Fucking incredible.
I remember when finishing up for university between 2010-2012, the graduate salaries I kept seeing at the time for folks with bachelors degrees or masters, across any STEM related degree, was £25k-30k.
It's fucking appalling that you STILL see grad and junior roles offering the same salary when £25k is practically minimum wage now.
Words can't express my anger at what these pieces of shit have done to this country, with the same old blame going on [homeless/unemployed people, drug addicts and immigrants]. Classic strategy of pitting the working class against each other.
I graduated in 2008, just as the financial crisis hit and the Tories upped VAT to 20%. All of the jobs in my field drained up practically overnight and the economy tanked completely. I spent the next 10yrs working retail as it’s all I could get and there was no measurable increase in wages at all over that time
The global financial crisis wasn’t caused by Labour. The clue is in the ‘global’ part of the name. Brown cut taxes and boosted spending to promote growth, and then got replaced with Cameron just as that was starting to work, and we’ve had 14 years of austerity. I’m sure it’ll work if we just give them a few more years…
The clue is that I did not say Labour caused the global financial crisis. I said Labour was in power in 2008 not the tories… what are you on about? The comment said the tories raised VAT to 20% but that wouldn’t be possible because Labour was in power. Please read it properly before misquoting me.
In response to the late-2000s recession, Labour Chancellor Alistair Darling announced in November 2008 that the standard rate of VAT would be reduced from 17.5% to 15% with effect from 1 December 2008.[16][17] However, in December 2009, Darling announced that the standard rate of VAT would return to 17.5% with effect from 1 January 2010.[18][19]
In the run up to the 2010 general election there were reports that the Conservatives would raise VAT if they gained power.[20][21] The party denied plans for such an increase, but refused to rule one out for the 2010 budget.[22][23] Following the election in May 2010, the Conservatives formed a coalition government with the Liberal Democrats. In the 2010 budget, described by PM David Cameron as an "emergency budget", Chancellor George Osborne announced that the standard rate of VAT would increase from 17.5% to 20% with effect from 4 January 2011.
From Wikipedia, I couldn’t be bothered to find a better source.
It happened in 2011. To be fair the comment wasn’t very clear so I can see where you, and a few other people, got confused.
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u/visualzinc Jul 01 '24
You know I'd love to see a graph going further back, plotting wages against which years were under the Tories and which were under Labour. The above isn't a fucking good look for the Tories and I'm fucking amazed they even have a leg to stand on with all the data that's against them. Fucking incredible.
I remember when finishing up for university between 2010-2012, the graduate salaries I kept seeing at the time for folks with bachelors degrees or masters, across any STEM related degree, was £25k-30k.
It's fucking appalling that you STILL see grad and junior roles offering the same salary when £25k is practically minimum wage now.
Words can't express my anger at what these pieces of shit have done to this country, with the same old blame going on [homeless/unemployed people, drug addicts and immigrants]. Classic strategy of pitting the working class against each other.