Public Sector Strikes understandable but in vain

As a former teacher and a previous small business owner married to a serving teacher I can see today’s public sector strikes from both sides. I understand the anger of those who chose to work in the public sector accepting lower wages,but with the bonus of a good pension,who feel that they are paying the price for the financial crisis. I understand the irritation of private sector workers imconvenienced by todays strikes, among them many business owners who don’t have a pension at all, who feel public sector workers should share the pain.
The autumn statement and analysis of the current financial position of the UK made uncomfortable viewing – in the light the ongoing eurozone crisis I feel the public sector has no option but to accept the deal they have been offered. With up to 750000 public sector job losses predicted by the end of the Parliament many striking today may soon be joining the ranks of the unemployed and perhaps should be grateful to have a job at all!

2 thoughts on “Public Sector Strikes understandable but in vain

  1. I’m always interested to hear your take on these things. I agree that there’s a good chance I can’t change anything but I don’t feel I should be grateful for my job. I have a contract with my employer where I agree to provide my skills and experience in exchange for specified pay and benefits. If I don’t keep up my end of the deal they can sack me. If they no longer need me they can make me redundant (which is highly likely next year). What they can’t do is say they need me but just don’t want to pay me what we agreed and expect I’ll be ok with that because my sense of duty to patients will overide my need to provide for my family.

    If a private company spent their employees pension contributions on equipment and salaries because they were short on cash they would be breaking the law so why is it acceptable that the money I have saved for my pension can be spent because my employer is the government?

    • In any other circumstance than the current financial crisis in the world economy and in particular the euro crisis I would totally agree with you. Unfortunately we are at the mercy of the bond markets and I feel that the government has little option but to press ahead with cuts already announced or risk appearing weak. If UK borrowing rates go up and mortage rates follow there are many public sector workers (our household included) who will be in severe financial difficulty which would far outweigh any problems caused by a reduced pension.

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