10,000 and counting
According to the Resolution foundation the average person in the UK is £10,700 worse of than they should be. If we had managed to keep productivity and growth going at the same rate as our economic rivals we would all on average be more than £10k richer.
We are far poorer than the average French person and much worse than the average German.
£10,000 a year is about an extra 1/3 more than average earnings. Do you fancy being 1/3 wealthier than you are now? You’d not have to bother worrying about fuel prices for a start, maybe another foreign holiday a year and a new car every 5 years or so, put more in the pension, or even get on the housing ladder?
All those things you thought you would be able to do but can’t, that’s not your laziness or bad luck that is 15 years of economic mismanagement, austerity and a failure to grasp or care what was happening to average people.
The rich are fine thank you, they are filling their boots, they even need more tax cuts. But loss of competitiveness and inequality have made the average Brit vastly poorer than they had every right to expect.
And still they tell you it is your fault, or immigrants.
Economics, trade and Brexit, not necessarily in that order but the dog always comes first.
By Jonty Bloom Media