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I think that pretty much sums up your approach and attitude to the public sector, pay and society as a whole .... "my money" not "our money".
If everything were so simple and relatively straight forwards, we could all see the same spread sheet and there would be little room for argument between anyone, especially amongst economists.
However, looking at the economy and society as a whole like an accountant gives a very limited, black and white or black and red if you will, narrow and restricted view.
It fails to 'account' for motivations, feedback and variables that are not purely or intrinsically monetarily based, but none the less can and do have significant impacts on our quality of life and ability to function now and in the future.
Just for example, if wages don't increase with inflation or the cost of living, in real terms, people get less for what they do and essentially get a pay decrease.
If a particular role or job gets constantly devalued in this way relative to inflation and the cost of living, you get people not wanting to work in that role for relatively less and less.
That leads to either:
People staying in the role but being more unhappy, which leads to less productivity, more sickness and higher absences.
or
Those that can do better go elsewhere to get better renumeration and it becomes a race to the bottom with less and less skilled and talented people. Either the roles are filled by ever less and less competent, less worthy employees, they are left empty and that creates more stress and problems for the current staff, or you have to fill those roles with temps and outside contracts at higher costs.
Might be fine for part time workers stacking shelves or collecting trolleys, but when it comes to doctors, nurses, firemen, the police, teachers etc .... the last thing we can 'afford' as a society is an unhappy, less productive workforce and/or staffed by those that couldn't do better.
"Your" productivity will suffer if you have to live in a society where their is poorer education, health services, security and general wellbeing ...
.... unless you take the attitude and have the ability to earn significant amounts of money to be able to be in the minority of those able to afford private security, health care, education etc while living inside gated communities while crime and poverty soar all around you. |
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