PC March 14 - The wages brake and the masters (and Meloni with them) are happy ... workers are the battle for strong wages increases


Author: prolcompal
Description: The masters of industry and finance, through the voice of their newspapers and spokespersons, are happy with the latest public data ...
Published Time: 2024-03-14T18:30:00+08:00
Images: 000000.jpg

The masters of industry and the finance, through the voice of their newspapers and their spokespersons, are happy of the latest data published by Eurostat and the ECB because they certify a lowering of workers' wages at European level. This, second An article by the "Economists" of Milano Finanza on March 12, should bring to a lowering of inflation and therefore to the possibility that the ECB cuts i interest rates, that is, of the interests that masters and banks pay when They take money on loan from the central bank.

“As for ai Salari " That they would have climbed but not able to overcome the inflation rate “Goldman Sachs provides that the annual figure will drop from 4.6% to 3.9% in the first quarter 2024 and that the overall labor cost index will fall to 3.3% in the fourth quarter."

While journalists express the Usually cynicism: " The latest numbers on salaries and profits are reassuring ”, they say. Of course, reassuring for the masters! And in fact they point out that “the descent of inflation It also makes requests for strong increases unlikely wages .”

Salari are a fixed thought of the masters and their agents: “The ECB president Christine Lagarde has indicated The importance of data on employee wages at the end of the Board of Directors of 7 March. " And it could not be otherwise, given that i wages are related to profits - (On this we recommend reading Marx's text: "Salary price and profit")

These latter data, therefore, “damage further tranquility on the descent of inflation : that too core , net of energy and food , now it could drop beyond the ECB projections ”.

This means that the cost of energy (oil, gas etc.) increases, and also increases the cost of food, that is, yes In fact, lower the purchasing power of the workers! Are the others goods, therefore, that fall into price, and in fact Panetta, current governor of the Bank of Italy says "that" to the stagnation of total production costs you do adds the weakness of the demand for goods and services …»

These data, therefore, also say There is no growth that there is no growth: “In recent days the ECB has Cut once again the growth estimates, further postponing the resumption. "

Also in Italy the masters have made less loan requests : “Credit is in contraction , as they showed the data on Italy yesterday. " But not only and not so much because the rates of the ECB are high, but above all because thanks to the impressive mountain of billions of profits did not need it !

From any point you take the data that periodically the statistics institutions emit inevitably they deny the propaganda of governments and masters , in particular that of the fascist Meloni who tells us that there is more work, there is more money etc. etc. and shouts stronger in the hope of making the law forget On the minimum salary!

Within the crisis and still inside the caravan ... however there is no request for " strong wage increases ”such as The masters always fear, and it is clear then that from all these data it skips outside the need not to continue to undergo the rise in prices first, the so -called caravan, and then again the decrease in wages! It takes, therefore, there Battle for strong wage increases that not only is it necessary (e Certainly not to "recover" what has been lost with inflation), but which has Possibility of success if conducted with consistency and determination!

Source: https://proletaricomunisti.blogspot.com/2024/03/pc-14-marzo-i-salari-frenano-e-i.html