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If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.
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PaulB - I made a point about the consumer issues in my blog over the weekend and what is holding the economy back.
Read the report on my link and you will see how the IMF sees the economy moving.
Vince Cable was quite right in what he said - giving the Unions a well timed warning. Many, like myself, want a big clampdown on the Unions ability to cause disruption to the economy and the public. If they go about their insane summer of strike action then they will deserve to get clobbered and the pressure to do that will become unstoppable.
People working in the private sector have cooperated with employers to help protect their jobs. Their pensions have been downgraded, many suffered not only wage freezes but also wage cuts in the worse period of the recession, many worked short-time to help their employer's survive. All the time that was going on the public sector remained untouched - now it is their turn to take some of the economic strain as the rest of us have done. Of course I can sympathise with any individual's problems who will be hit by this but it has to be kept in perspective.
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