Posts tagged with: living standards

The Debate We Need to Have

Our social contract – the ‘deal’ that makes us a civilised country – is under grave threat both practically and philosophically. And we are not talking about it. Practically, the UK is in a grave situation. We are in the midst of a serious cost-of-living crisis which will plunge over half of the UK population […]

A Non-Solution to the Wrong Problems

Introduction Before looking in detail at this Budget, it is worth reminding ourselves that the economy is the system we as a country have chosen to put in place to optimise the production and distribution of valuable goods and services for the benefit of our population. There is a wide array of choices open to […]

The “Creative” Destruction of the UK

Last week, we wrote about Truss and Kwarteng’s Budget that “It is very clear that this Budget does not produce the change in direction the country needs; it is a dangerous doubling-down on the failed policies of the past, without even an attempt to safeguard most UK citizens.” Just one week later, that summary seems […]

Back to the 1970s

In recent years, many people have come to feel that the economy is just not working for them. In fact, median wages are lower today than they were in 2007 – a period of mass impoverishment not seen since the 1820s. And now we have a cost-of-living crisis brought on by rising inflation. There are […]

Democracy at the Cliff Edge

Sometimes a moment can be pivotal in a way which is not obvious at the time. This article explores whether the UK is at such a critical moment now, without most of the population realising it. And it suggests what we can do about it. The challenge is that we have a government which is […]

Judging Johnson

At some point, possibly this year, the Johnson premiership will be history. Johnson says that he would like to be judged on his record. How does that record look? Johnson’s record is extremely poor in terms of measurable things like wage growth, protecting the economy, keeping the citizens of the UK safe from COVID and […]

Drawing the Line

  In the light of the confirmed law-breaking by our most senior politicians, this article asks: where will the UK media and public draw the line? And what can individuals actually do? Why We Should Draw the Line Right Here There was widespread revulsion at the government’s desire not to feed starving children in the […]

When the 99% Become the Downwardly Mobile

  You may feel life is getting less and less affordable – as many people do. But the government claims that the UK has a strongly growing economy and that we all benefit from that. It even, not entirely truthfully, claims that we have the fastest growing economy in the G7. You may be wondering […]

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