Prime Minister Robert Abela is trying very hard to salvage his political career by supposedly becoming a socialist. He is selling his minimum wage increases as the highest “minimum wage increases in history”. This claim is preposterous and absolutely untrue. According to Robert Abela’s own figures, the minimum wage will be increasing by a maximum nominal total ofย 15% in 2027 raising the minimum wage to around ย960 per month from next year’s ย854. In Malta, we have seen inflation rates at 7% and food prices by more than 10%, and a previous average salary increase of 20% over Joseph Muscat’s years versus a 100% increase in property prices at the same time.
What Robert Abela has proposed is a bloody joke and is being hyped up in the usual corrupt and fraudulent fashion.
The biggest salary increases and raises to the minimum wage in Malta happened during the second half of the 1970s when the minimum wage for most jobs increased from 1974 to 1979 by at least 35% and with for most jobs being at least 40%, with the inflation rate in Malta in 1974 being at 7% which was subdued compared to Europe due to successfully discounted oil purchases relative to market prices. Food inflation was even higher. The inflation crisis in the 1970s was caused by similar commodity shocks of 2022 and took place in an en environment of raising interest rates and crediting tightening conditions.
The world was not invented yesterday by these imbeciles who think it’s a big bloody deal to go on television and articulate what the hell they are supposed to be doing in the name of public service.
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