We should all remember that sanctity of contract was pleaded by the government (admittedly the last one) as the reason why the bankers at banks that the tax payers had to bail out still got their bonuses. Perhaps the difference is one of magnitude - you can risk taking legal action against the government if the breach of contract is going to pay out £1million but not if it is £6k.
I was SO hoping someone would mention this exact distinction. Thank you.
I'm all for free markets, red in tooth and claw but we haven't seen that up till now. The money had to be found to honour the contracts of the bailed out banks/bankers.
We are not seeing an even playing field.
Sure, don't offer "NEW" public sector employees the same terms and conditions but the Govt should honour the established deal.
I think it is a case of divide and conquer & we really shouldn't let it happen.
I hated the dinosaur unions of the 80s but I believe reformed unions are vital to the welfare of the working man.
Just because the private sector is woefully underrepresented by unions doesn't mean it should be a race to the bottom for ALL workers.
As a percentage of GDP the current pay/pension deal the public sector workers are striking to protect is affordable but that fact gets lost in the rhetoric.
All this at a time when the senior execs & bosses have seen unimaginable pay increases.
Please don't lets fool ourselves with the idea that we "all have a field marshalls batton in our sack"
YOU WILL NOT be in the 1%