Banks - Lest We Forget

[Brendan]

Do the wealthiest 10% of buggers in this country subsidise my beer?

do they fuck!

[????]

You mean you don't get stood a pint in your local brendan?

[Huguenot]

Funnily enough Brenda....

Brewers producing less than 5000 hectolitres of beer a year benefit from tax relief at 45 quid a barrel.

So your beer is effectively subsidised by tax payers, and hence the top 10% pay disproportionately more etc.

Who woulda thunk it.

[Brendan]

So they they do subsidised my beer but not that shit mass produced lager Quids drinks then.

Sucker.

[????]

i drink Bitter in pubs,.....Stella's a home treat for the missus and saucepans

[Brendan]

Freeloader.

[SteveT]

Bunch of p!ssheads you can tell it's Friday.

[Huguenot]

:))

[Peckhamgatecrasher]

I don't think you really mean port - it passes to the Left.

[louisiana]

Huguenot Wrote:

-------------------------------------------------------

> " have put the western world out of work"

>

> That's not true either, China's manufacturing

> contribution has only been made over the last

> twenty years - a period when more people have been

> employed in the 'West' than at any time in

> history.

>

> I think you're just thinking in black and white

> terms about manufacturing again SteveT. 75% of our

> labour market work in 'Services' to which China

> offers no competition.

It's starting to offer competition in such areas as software (development). Under the auspices of US and European multinationals.

[Loz]

I thought all the champagne went Left?

[Huguenot]

Sure thing Louisiana, but in specialist areas like software development the Chinese workers get paid the same as their western counterparts - so there's a level playing field.

[louisiana]

Still big differentials in salaries within a company, which is why Western companies are using big teams in China, India etc. In some firms, this is where projects that have run out of budget get sent, in order to hit costs on the head.

I'm sure the differentials are narrowing though. People out there inevitably find out what foreign colleagues are earning, get resentful (they're also living in a big, expensive city after all) and jump ship, which is going to drive rates up.

[Loz]

Huguenot Wrote:

-------------------------------------------------------

> Sure thing Louisiana, but in specialist areas like

> software development the Chinese workers get paid

> the same as their western counterparts - so

> there's a level playing field.

Don't think that's true - we still offshore a load of stuff to India to save dosh. A lot of companies are moving their Indian operations to China because it's cheaper still.