Fair question. Some answers:
- the lack of growth is THE reason wages haven’t risen in the last decade and a half
- more generally rising productivity/growth is the necessary (not always sufficient) condition for rising living standards
- the lack of growth is THE reason wages haven’t risen in the last decade and a half
- more generally rising productivity/growth is the necessary (not always sufficient) condition for rising living standards
Reposted from
Jez 🏴 🎶 🎏 💚🦎
Why is economic growth self evidently such a good thing. I’m not being facetious it’s just nobody explains why it is and despite asking everyone who says it is, nobody ever answers.
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If they both increase at the same rate, then nothing changes.
- GDP is a poor measure of well being
- the fruits of growth over the past 40 years have been disproportionately captured by capital
So the type of growth matters
It has much more to do with the money being sucked upwards.
All the food retailers- record profits during this period.
Their staff, nope - minimum wage for you lot.
See many other sectors for the same
The multiple of workers wages to CEO’s is gross
- productivity growth is good news even if you’re anti-work. It gives us the option to work less (without our living standards falling)
If you don't start dealing with that you and we are fucked.
Wake up.
Did you have any input?
Her and, seemingly, Starmer's "vision" is so, so wrong.
But hey, take the opportunity to sell me your shitty book.
Get at it.
This is in the OBR report on fiscal risks and sustainability but the party seems to only focus on part of the story.
The risk of populists giving simplistic solutions is high
solve the problems seems naive at best. And I know you are not naive. I know you understand the issues as I’ve heard you speak about them before becoming an MP
A hearty round of applause from one hand...
Reform voters aren't going to vote for "diet Brexit" anyway.
Why are you alienating your supporters to appease those who hate you? I’d love an answer
It’s time to put country first and your own support who wants this.