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Arquably the nations favourite politician Vince Cable, Uncle Vince to you and me, the genial Liberal Democrat with a penchant for economics...and heralded by many as the only guy to have predicted the recession and the banking collapse, has hit out at the barefaced cheek of these overpaid Business Leaders. I speak of those Business Leaders who joined ranks with the Tories against Labour's proposed National Insurance increase.
We all know that taxes have to be increased, but paying for all expansion plans by saving on wastage, as is being currently mooted, is something Ive heard politicans say for many years, and it never works out..never...So, is not National Insurance the best way to do it, rather that than an increase in VAT. Which between you and me is inevitable under the Conservatives.
But back to our man Vince, the amiable LibDem...Vince says "I just find it utterly nauseating all these chairmen and chief executives of FTSE companies being paid 100 times the pay of their average employees, lecturing us on how we should run the country. I find it barefaced cheek."
These 'nauseating' business leaders continue to pay themselves so much that even David Cameron is reeling at it all, and is murmuring at nurturing some way to limit the kind of pay levels these guys get, and the kind of pay rises they keep on awarding themselves so that their remuneration goes ever further into the stratosphere. Nauseating.
We hear that old chestnut dont we...to get the best you have to pay the best otherwise they will go overseas. This is a giant size red herring...far too big a lousy red herring for us general workers to consume for breakfast. So Im with Uncle Vince on this one.