It also complains that, since 2002, MPsâ pay has increased far more slowly than average earnings and has failed to keep pace with the retail price index. However, MPs claimed an average of £131,000 in allowances in the past year.
Strangely enough, I have complained that my military wage has failed to keep pace with with the RPI.
Prices for Gas, Electric are up by over 50%. Council tax is set to rise by an inflation busting 5% plus with plans to offset at 0.78% of your house resale value (this would result in a 22% increase in my council tax). Mortgage payments are creeping up with increased interest rates, Water meterage will be introduced and will no doubt result in increased bills.
This mentions only a few of the increased burdens on the average householder, and the advice of the politicians is to accept "prudence" and be grateful for the 2 - 2.5% pay increase. The RPI does not take into consideration mortgage repayments and is therefore flawed and presents an inaccurate low figure.
I do not have the luxury of employing my wife as my personal secretary and to offset her wages against my "expenses claim" and thereby boosting my combined income to over £100,000 per annum. With the introduction of JPA even my f*cking petrol allowance (for travelling some 70 miles a day to work and back) will be cut to zero forcing me to seek alternative employment if road charging comes in!!!!
I have mentioned in an earlier post about unsustainability in relation to price increases and wages. This is becoming more pronounced and it will only be a matter of time before the economy crashes with disastrous results.
Greed is only allowable and sustainable whilst those footing the bill fail to object. I have no doubts that this is another attempt by politicians to further engoge their snouts in the fiscal trough at taxpayers expense. If politicians pay was based on performance, the majority would be in line for major pay cuts!!!!!!
Yet another disgusting chapter in greed by those who preach fiscal discipline for the sake of the economy. This only serves to increase my personal contempt and distrust of these creatures!!!!!