Economics of the madhouse

Ian Gray, the Leader of Scottish Labour has little understanding of economics; it appears that he has never worked in business. How else could he seriously propose increasing the hourly rate of pay for lower paid employees in the public sector? He obviously doesn’t appreciate the financial mess we are in. The Government is currently spending about £140 billion more per annum than it receives in taxation; much of that goes in wages and salaries. Employees in the public sector already earn more than those in the private sector, and that is before you consider their superior pensions and conditions.