The national debt, 'credit crunch', recession and lack of growth do not affect them; indeed quite the opposite.
They've had income tax cuts and lowering of capital gains tax.
Then there are further cuts to corporation tax; a tax cut for corporations which are currently sat on the highest levels of banked cash reserves and trading profit levels on record.
At the same time, cuts in Social Security benefits affect the least well off in society.
Meanwhile, M.P.'s who had a 10% pay rise recently have the audacity to tell the people at the bottom with the least that they are facing a 10 year pay freeze, having already had the last 10 years of a decline in real term wages.
Well, unless people return to the notion of organized labour and take strike action in order to force companies to give them a pay rise, then they're right; they're possibly never going to get another pay rise.
I cannot understand what is wrong with people these days.
My fathers' generation took it for granted they would get an annual pay rise and if there was no offer forthcoming, they threatened strike action.
Sometimes they had to carry out that threat, sometimes they didn't.
However, one thing was for sure; they always got a pay rise.
If you do not get an above inflation pay rise every year, then you are in fact actually taking a pay cut.
Forget about the rate of inflation, that's a fix anyway.
Forget about whether or not your company has increased productivity and forget about whether or not it has made a profit, let alone increased them.
Having an increase in business costs by way of an annual staff pay increase is simply a fact that should be taken in to account, as a matter of course and hence why prices increase in the first place; someone, somewhere got a pay rise and so they put their prices up to cover it.
Thus, in turn you need a pay rise every year to retain a comparative relativity with costs and indeed, other jobs.
Any company that cannot afford to cover the extra costs goes bust and a competitor, or indeed new business, subsequently fills the void.
However, there seems to be a very weird, back to front notion being pedalled at the moment whereby people are led to believe and expect that prices should not rise, because their wages haven't increased.
There is a strange belief that business cannot pass their annually increased costs on to consumers because somehow they're not going to pay it.
It's all very strange, as it doesn't work that way.
The people at the top want to get richer and so increase their prices for commodities and so prices rise regardless;
the fact you haven't had a pay rise is irrelevant.
As we've said before (see Blog, Bare minimum wage. Nowhere near a 'living' wage 2/4/16) it's not up to the Government or anyone else to ensure you get an increase in wages.
It's up to no one else but yourself and requires you to have the independence of thought enough to see that the only way of guaranteeing that is through organized labour and if need be, industrial action.
Withdrawal of labour is the only course of action available to the working man.
Just look at the industries where they have a strong union presence, like the railways.
They get a pay rise every year.
Unity is strength.