Bosses' figures show drop in living standards
Socialist Press1979 1979-08-15Read it in the scan (PDF), scan page 1 →
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WSL contingent on Sunday's major demonstration on Ireland-story back page of the Confederation of Shipbuilding and Engineering Unions series of three one-day token strikes on bartenin- páy.
If you get the impression that despite the Tories' pathetic tax handouts you. are already worse off than last year, you are right.
The CBI has just issued guidelines to employers showing that the standard of living of the average wage earner with two children has fallen by a staggering 7.5% since last August.
The fall in real family income, says the CBI will range by the end of the year between 5.8% for families on £2,500 per year and 9% for those on based on the following crucial policies:
*Defend living standards! For wage increases protected against inflation by cost of living clauses providing automatic increases based on a price index compiled by elected committees of trade unionists and housewives.
*Open the books of industry and the public sector to elected trade union committees to show who profits from the Tory offensive on jobs, services and living standards! Prove the case £10,000 per year.
The CBI's answer? They urge the TUC to keep next year'ş pay increases "well below" the rise in prices over the last 12 months -in order to avoid loss of jobs.
But, pay rises or no pay rises, Treasury forecasts predict unemployment at 2 million by next year.
Far from sacrificing living standards to preserve the profits of the employers, workers must take action to defend their own interests at the expense of British capitalism. Only a socialist planned economy can safeguard jobs and living standards.
for the nationalisation of basic industry and the banks without compensation under workers' management.
*Prepare for united class action to bring down the Tories! Build councils of action in each area to strengthen and extend struggles on pay and jobs. Fight for the removal of those Labour and trade union leaders-left' or right-that stand opposed to such a struggle.
CDLM Conference page
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tion: these their and their INESS, weanesday August 15, 1979 fool nobody. But predators have scented opportunity from afar, are hopefully staking claims.