Some People can be Stupid

I must say that some people can be just so stupid. The gas companies announce that if you pay a premium then gas prices can be fixed for two years into the future, just before they announce huge price increases, so people sign up.

In the meantime it would appear that Gordon Brown is now saying that he wants energy prices to fall, in line with the decline in the price of oil. So, what happens to all those who signed up to guarantee their prices, will they have to pay the higher price until their contracts expire, just asking.

Also, Gordon Brown has announced an increase in the winter fuel payment, for this year. If prices do fall then will the winter fuel payment be reduced, next year, or possibly even this year, because of the economic crisis.

The same with pensions, and benefits, linked to the Retail Prices Index. When we do get deflation, as I expect we will, then what is then going to happen, will benefit payments be reduced because of this decline in prices. I exclude the state pension because this government is going to return it to link with wages

Just when wages in the real economy will start reducing, inflation 5%, wages increase about 2%, there is a problem brewing which nobody seems to want to talk about, I wonder why not Nick, any answers would be sincerely appreciated.