Comments by "Greg Greg" (@SlowhandGreg) on "Winter Strikes: Government has 'torpedoed talks' - RMT boss" video.

  1. Government pay awards are subject to a multiplier, it was calculated by 2 leading Economists in 2012 that Austerity Economic Multiplier was 1.6 Long story short money moves round the economy from government spending creating increased GDP all of which is subject to tax in the case of the above multiplier the actual cost to the treasury is between 15-20p in the pound so total cost is round 5-6 billion not the 30 being quoted and it may be even higher given that every penny of the increase will be spent in the employees local area.
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