Funny that, the worst global recession for decades yet executives at Britain’s top companies saw their basic salaries leap 10% last year.
And head honcho of the TUC, Brendan Barber says,
The recession has done nothing to stop the gap between top directors and the rest of their staff getting wider every year.
It is even more offensive when the Institute of Directors has called for spending cuts that would hit pensioners, the poor and low-paid public sector staff. We’ve already had the 1980s-style recession, it looks depressingly like we are going back to 1980s greed-is-good politics, too.
Yes, and as we have seen time and time again…the rich are insulated against this recession while it is the working class along with the public sector who will be paying for this economic meltdown.
And Brendan Barber predicts a riot.
