The working class say "we want higher wages" not realising that they should actually be saying "we want our current wages to be worth more and go further" If the government gives all working people £1,000 and gives all rich people £10,000, the working people are poorer.
The problems were going on way before brexit. There is a reason hardly one in Britain owns a history book. Social history shows that the English aristocracy only cares about itself
I’m an american but I love your channel a lot. Provides unbiased and informative content with sources and is consistently on point. Side note really cheering for the UK to rebound. Will be a while but the huge struggle for a lot of the people in that country is sad to see, even if part of it was caused by self destruction :/
It’s always good to get the perspective of friends from across the pond. I think a key problem is centralisation of political power. I understand that outside of the big 3 states of California, Texas and Florida, the average population in the other 47 states is around 5 million. And American States have the ability to vary local taxes and attract inward investment. Germany has 12 states or lander across 84m citizens, which also compete with each other economically. By contrast, the Blair government between 1997-2005 implemented non standard devolution arrangements in Scotland, Northern Ireland and Wales, affecting perhaps 10-15m of the UK population with nearly 60m in England having no proper regional government. Centralised government often makes single bad calls or defers making necessary important calls. The sad reality is that the 2 main political parties have always believed they knew what was right for the country, never that the country could be allowed to know what was right for itself. And while Margaret Thatcher was lauded by some for economic liberalisation, she attacked local government funding structures thereby undermining local self determination. The Brexit saga can be viewed through this power lens. Many of the Brexiteers favoured increasing the power of Westminster and ending the devolved governments in Scotland, Wales and NI in addition to exit from the EU. They favour increased “Henry VIII” powers for ministers to reform law with minimal Commons (I.e. legislature) involvement, although it is really questionable if the Commons is a true legislature. They are also profoundly opposed to the modern notion of individual rights, something that I am not sure is appreciated State-side. Brexiteers have been seen to be profoundly ideological and distinctly short on the practical. By contrast, those who were pro-EU tended to be more relaxed about devolving powers within the UK also, as well as being pro individual rights. Brexit is therefore the biggest battle to date, and possibly not the last battle in a struggle for the control of Britain’s levers of power and direction. Brexiteers (who for this argument could be called Traditionalists) want to move back to a Britain of the 1940s. A behemoth at the centre of an Anglo-centric sphere, fully “sovereign” and free. This is all bunk of course. At the other side, pro-EU or Remain cohorts come from what I would call a Realist or Pragmatist camp. They recognised the end of empire in the 20 years after WW2, the turning of dominion territories (Canada and Australia) in different directions and the conclusion that what was left was engagement with an improving Europe and being the transatlantic bridge between Europe and the US. The consequence of this tussle has been years of ideological shouting about control and sovereignty and nothing about key bread and butter economic matters like state industrial policy, how to make the UK attractive to external investment and how to resolve economic and political disempowerment together. A lead Brexiteer, Jacob Rees-Mogg, said once that the benefits of Brexit would not be seen for perhaps 50 years. And this guy was once an investment manager. The conversations need to change. The power needs to be shared.
@@PlanofBattlethe uk is becoming more and more centralised both in power and in economics. France and UK are quite similar , most of the economic output come from their 2 capital . There is not much outside of the latter. Because the uk went with de-industrialisation , regional cities got their revenue cut off . Wales has been hit a lot because of its massive mining sector. I believe the uk should try to federalise counties as quick as possible
Stress, bad diet, lack of sleep, fighting amongst oneselves etc. So many problems here in the UK. It will only turn round once the basics are adhered to. Sadly the powers that be will not be helping with this so people need to be become more self aware, do more research and take more responsibility. Tough times ahead if we do not do this.
Yes we probably need a wealth tax. The reality is that the wealthy are unable to spend enough. They always have a surplus and if they are given more then that surplus gets even larger. They then are left with little choice but to buy assets such as shares and property hence prices escalate. With increasing amounts being taken out of the real economy into asset purchases we have an increasing damper on our economic wellbeing.
Yep. And that's the typical solution of government and economists to address inequality? Higher income taxes, which further entrench the issue because: -they do not tax actual wealth, only income from employment -they penalise the few who do manage to move from a lower social class to a higher one, as they end up paying much higher taxes
Even if they didn't own the houses, how does that make the economy healthy and productive? Also many home owners are boomers and bought when houses were cheap, not like they're all millionaires.
Healthy plant based food can be cheap, using whatever veg is of offer, reduced, frozen, three for two etc. Using dried beans, lentils, in veg chillies, veg curries, veg soups, veg burgers, Indian lentil dal, from scratch . Sprouting lentils and mung beans produces a super food that you can do on your own windowsill. But sadly many people don't have the skills to cook these and instead buy cheap sausage and bacon and burger, pies, tinned stuff , white bread and marge. Sadly this diet creates health problems,
Just chipping in since this vid popped up when you'd just released, thanks for your vids :) I'm a recent subscriber. Please keep up your relaxed balanced opinions and analyses - too many youtube channels fall prey to the titles containing 'SHOCKED' and 'THIS WILL CHANGE EVERYTHING' nonsense in order to race to the bottom to scrape views - ain't nobody got time for that :) Also, thumbnail images with arrows on them to try to trick you into clicking out of some universal curiosity about what arrows are pointing at, enough of that noise.
It's been on this trend for a long time. It accelerated in the 1980s with Thatcher putting everything into southeast England. The financial industry parasitises off the rest of the world's labour 😂
Thank you for providing credible sources of information throughout. This is a credible channel based on credible sources of information. It's so good to see something that isn't based on political ideology, gumph and trending gossip.
UK has been a bastion of low or non-existent social mobility for nearly all of its history, though the 2nd half of the 20th century managed to provide the illusion that it might exist and prevail.
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.
That GDP of the UK without the GDP of the London, per capita is almost like the Italian one. That says a lot, really. For example there's several ex communist countries in Europe that now got more than 32 000 dollars of the GDP per capita. Slovenia, Czechia, Estonia, etc. People in northern England probably aren't any richer than these countries now. Wild, how times change.
@@deaconswayne1894 I've been there myself as well, it's not utopia by any means but at least SINGLE low income full time working people there can afford spacious multi roomed apartments to themselves, people doing the same kind of menial work here in the UK have to live in mouldy house shares with multiple other adults. Also Polish flats have decent sound proofing compared to the thin walls we put up with here. I used to think it was going to be some kind of grey concrete post communist hellscape but it's making England look shabby and derelict.
Excellent video. Pension credit it well paid. Do, they keep in line with average earnings yes Thomas. My Brother Stephen Boyd Londoner 67 Age he lives London he returned Londoner.
Minor suggestion: Shrink the size of the graphs/images just a bit. They get cut off at the top & bottom by CZcams player controls, and also the subtitles I use that are always on. Thanks 🙂
And Wales is in the same group as the poor of North England. I always love the Tory mind set. When they do average wage, I would love the average wage.
I wonder how these figures look when taking into account Purchasing Parity, it's all well earning an extra £1000 a month working somewhere wages are higher, but what good is it if your rent is an extra £1100 a month too, using simplified numbers there but you're worse off if your disposable income doesn't let you consume more commodities.
Read about Gary Stevenson, ex Citi bank banker who made tens of millions and explained that the small circle at the top of society mostly in banking and finance etc make so much money, but realistically you can’t even spend that much, you’d struggle to even spend a million a year, so they basically put all their left over money into buying up all the assets because what else is there to do with it. So they end up with a portfolio of properties owned by one person. Needs to be a massive tax on second home ownership.
The UK's historical trend of falling inequality post-World War II reversed in the 1980s and has persisted ever since. Under Margaret Thatcher, economic inequality and poverty in the UK increased significantly. The Thatcher government's emphasis on incentives for the wealthy while neglecting the living standards of the poor has evidently contributed to a widening gap between rich and poor. Tories' persistent focus on austerity, tax cuts for the wealthy, and reductions in public spending have disproportionately impacted marginalized communities and hindered social mobility.
>55% of UK wealth comes from merely the right to exclude others from a part of this Earth. As a matter of basic economic justice, that can all be taxed away, solving equality issues like housing overnight. And by reducing/eliminating taxes on output, take a huge deadweight off our economy. A transformational win-win. People like Tejvan Pettinger will not talk about this. Why do you suppose that is? Is he a landlord. An asset rich/income poor homeowner? Shares in Persimmons perhaps?
Why don't they forbid to purchase existing properties to anyone who does not intend to live in them? If someone wants to invest in the property sector, they should be doing only by financing new builds.
It’s time we held the one percent to account, seize their assets and life imprisonment for tax avoidance. Stop companies that offshore any profit from operating so that new companies we can tax take their place. Implement a wealth tax, ban private rent on residential properties, protect workers rights and implement a sustainable minimum wage. All very doable if we realised we had the power to quite easily change the current situation.
@@David-bi6lf I avoid tax by saving in an ISA, perfectly legal, but these commies are too thick to know the difference, they just want free money to squander.
So globalization(moving the industrial base), immigration, housing and lack of benefits for working people of lower and middle classes. Can't really say I am surprised, but what is surprising is how regional the effects are.
When you figure out that the worst impacted areas were those most impacted by deindustrialisation, the truth that these areas were thrown in the deep end and told to swim for the last 4 decades becomes clear. And underlines why whilst watching a piece by PoliticsJOE in Hartlepool, that one of the Vox Pops was someone who hadn't worked in decades, why people like him were in the Red Wall. One would have hoped that that when their policies failed, governments over the years would have tried to help them, but that didn't happen. Or, tbh, any help they did get fell victim to ideological thinking. They got left behind, and they're still suffering because the damage has gone too far and too deep. That's two generations so far in these areas that have been left to rot on the vine. And there's more to come, sadly. Ships of state don't turn on a sixpence because when push comes to shove, nobody likes change, but the changes we have let happen have stop.
London is where money is created by banks (ref. Bank of England Q1 2014 Bulletin). The closer to the source, the more access to it. London gets huge arts funding. QE was given to asset holders. Result: more inequality.
if I didn't know any better I would say that the rich have decided we're at an Elysium Moment in which they ensure that they and their descendants can live luxuriously, unencumbered by obligations to state or nation, while the growing underclass, and their descendants, are saddled with futures of indebtedness and an end to ownership and social mobility. They were telling the truth at Davos with "You will own nothing, and be happy." Except for the happiness part, of course.
@@nicholaspostlethwaite9554what rubbish. In no way is it evil. It's cos it's hard to implement. I mean even council tax is based on 1991 house prices. However it makes sense because land cannot be hidden or moved offshore.
@@David-bi6lf No it is plain evil. Based on maxing out the exploitation of land, or have it stolen from you by taxation. Only taxes on new income and sales is there actually money there to pay taxes. It is never ever acceptable to tax an asset just for owning it. Yes that includes the corrupt unfair basis of Council tax. Which should be scrapped entirely and the revenue recovered from all general taxes. This obsession of a certain few with unmovable stuff is complete garbage. Some will always find ways round taxes, like the old asset based window tax, by bricking them up. Land value tax is as stupid as Window tax.
This inequality has been baked in and reinforced. DON’T build more in the SE and London… move jobs to the NE. Spend more on transport and grants in the North. The Dept of Transport still uses “best value” formulas to allocate funding for infrastructure, instead of trying to actually “level up” the north for long-term growth and sustainability they prioritise pouring more oil onto the overheated SE. It’s madness and will continue to make the issues we face WORSE not better.
If I ever become very wealthy I’ll build up our poorer cities up and give people a better life and stop the status quo of inequality and prosperity from London and give everyone across the UK the same if not better quality of life
This is so easy to fix, all you need to do is reduce the Corporation Tax to 10% in poorer regions and business will do the rest. They would attract business from all around the World. You only have to look at Irelands success over the last 20 years to see what can be done with common sense.
10 % of UK GDP or 22% of UK government expenditure - 240 billion pounds is spent on welfare. Use it instead on infrastructure, road up north, internet and communications. That will improve UK economy big time. Also reduce taxes so people can go and work. If they told me I can take home 95% of my paycheck I would work nonstop 7 days a week.
who tf is going to sponsor public goods with a 5% income tax? Do you believe your country has excess reserve to do that ? Saudia Arabia can do that because it own Saudi aramco , the most valuable company in the world . What u guys have ?
mostly boomers, not like every household are some mega rich people, but the boomers had it good. Not sure that has anything to do with the Uk producing nothing though
I can 100% guarantee that you can still have a healthy diet on a low budget but it’s just it is a lot easier to just get a bad diet and then use the excuse that ‘food is to expensive’ online when use gain 20+ pounds in year 🤦
Such as what foods and from where? I gotta budget of £25 a week to feed me healthy but suitable calories and budgets get tighter then that, please tell me where i can organic, fresh, healthy and affordable food? MR 100% guarantee
@@Jb-zx2fw just go to places at the end of the day they sell food at reduced prices like £1 at times and it’s good food like chicken and beef’s and I’ve Eve seen eggs being sold a few times at a reduced price
@@kevincowan2639 mate I am constantly running to the reduced sections and most reduced foods are not £1 either go to an main market and have a look yourself? I'd agree you can find occasionally offers however it's not suitable long-term and there are loads doing it which means fairly you can only take a small bit and thats if its not already gone, and not trying to be awkward thats how it works on the ground
But if u got other suggestions go for it as the communities are really struggling most adults eat 1 meal a day with snacks to fill em, so if u have ideas im legitimately up for hearing it!
Poor people's human rights to travel are being violated, limiting their opportunities and options, and it's another form of collective punishment on families.
5:42 This data is definitely false. No way is Southend in the poorest 12 regions in the UK. Bearing in mind a 3 bed terrace will set you back £300k, compared to places in the North East which are
You mentioned a while back how the minimum wage is a good thing. Thomas Sowell has a contrary view to this, would be interested to shear your explanation as to how it works? This video provides a common path followed by an increase in the minimum wage: czcams.com/video/SR8wUiyZ-lg/video.htmlsi=n5IxPZhGmR2YTyre
In London, part of the problem is that half the social housing isn't even being given to Brits! No wonder everyone flees to the Home Counties when the other options are be very rich, be lucky enough to get a council house, or rent forever. Then there's the fact that our own people are being made homeless while £6m a day is spent on people who shouldn't even be in the country at all (admittedly a small problem in the grand scheme of things, but the point is that zero should be spent on this in the first place).
People aren’t being made homeless by spending money on hotels for migrants and asylum seekers. People are made homeless by the lack of house building by central government and landlords. Immigration isn’t the problem with housing, it’s the very severe lack of house building over the last 15 years
@@Alex-fm5ke No you are wrong it started 40 years ago when Thatcher sold off the council houses and did not replace them. That is the core problem no social housing. Private rents are MORE than paying for a mortgage many cannot get a mortgage even though they are paying out enough to pay a mortgage every month, this is the reason they cannot save enough for a deposit.
More than half of the UK's housing stock was built before the 1950-60s, and subsequent housing development did not keep up with the population increase, even before the large immigration waves that are a recent thing. Then you have Thatcher's fabulous idea of turning affordable council houses into properties to be owned, which took cheap housing off the rental market. It's a lot easier to pin the whole issue on immigration, though.
@@Alex-fm5ke Adding an additional 6 million people in 20 years has massively compounded the problem though. And I do need to ask how these people are able to access social housing at all in the first place? My wife's BRP was always very clearly stamped with "No recourse to public funds" which makes it very clear she had no right to welfare until she became a citizen last year. Additionally, we had to prove that she was more than capable of financially supporting herself without the state helping out, which is very reasonable imo. A migrant who puts in more than they take out from the country is a valuable asset, which is the entire basis of immigration policy in most developed countries. So why is almost half of London's social housing stock occupied by non-citizens?
In terms of corporate structure, London is sucking out all the gains from labour. Everyone else works their assess off but the profits and bonuses are all funnelled down to London.
The diet thing is definitely false, if you eat plant based you can have a healthy meal for at least 3-4 people for around 10 pounds or even less if you get bulk beans, grains, legumes etc. It’s really not hard, many cultures all over the world do this daily, you just have to actually learn and put the effort in. Of course you'll be ill if you just eat processed foods etc.
Life expectancy is reducing in UK. Infant mortality is increasing. 20 year gap in life expectancy. between wealthiest and poorest in Society. These stats are going the wrong way faster since the Brexshit vote
imagine 2 nations next door to each other. One of them focuses on building factories and machinery in order to build cars, computers, smartphones, and toys. But the other nation does nothing and remains farming the land and refuses to bother upgrading infrastructure. Obviously the nation who trains up their people and makes the nation wealthy will have a lot more wealth than the other nation that just refuses to advance. Should the nation that refused to build their infrastructure now blame the ones who did choose to build up in their own nation? Did they somehow lose something because the other nation chose to become wealthy? Just because one of the nations did well but the other one did poorly, that does not mean that we should blame the rich for somehow making the poor worse off. Well, in a similar way if one family decides if they are going to plan for their future and they do well, do you think that that makes other people worse off? I think people need to rethink what inequality means. Inequality does not mean that one person has to be worse off. Often just the result of one person being better off than someone else and those are often due to that one person's choice
Your analogy breaks down. Countries with higher inequality have lower standards of living for everyone than countries with lower inequality. In other words, equality is better for everyone.
@@BezJones very good 💯 please give some examples - I'll go first Uganda has very very few rich people. But sadly, America has most of the world's billionaires. Since America has many more billionaires, I expect that their standard of living must be far lower. Sadly, all the billionaires there must have mopped up the wealth, leaving average citizens unable to build wealth I guess you're right after all
plus many of the rich come from elsewhere, bringing money to spend on builders for investing, renovations, taxes etc. I imagine without that it would just be a bunch of farmers and service people catering to travelers 🤷
There is a limited amount of resources, if everyone lived like America would need three planets. So it's unfair for a few greedy individuals to take more than they need, while others go without. When there is limited water, there is a ban on excessive use, there is limited money. It is pure luck that you are born in a wealthy country, so why do people feel entitled. Our lifestyle is supported by exploiting the poor e.g. cheap tea and coffee is picked by poor labourers suffering for a few dollars a day. Is this fair?
Inequality means nothing Imagine I live next to a guy who's business does great this year and he's much better off than I am - have I lost out? I don't think so Or, conversely, my neighbour has a very very bad year and loses it all. Does that make me any better or worse off? I don't think so Inequality means nothing
Sounds like someone’s detached from reality! Such an interesting point though, that somehow you are separate from the fate of other humans Maybe you are but I don’t think you are If society collapses we all suffer
@@goychI agree if everything collapses everybody suffers. But we're talking about something else entirely. America has more millionaires and billionaires than any nation elsewhere on earth. Therefore, we would expect that all these billionaires and millionaires mopping up all the wealth will mean that the average wage should be significantly lower than the 70 grand that it currently is. I want to see you explain why the average American family can easily get two cars on their driveway while the average person in Uganda (where inequality is much lesser and there are no billionaires) can never even hope to own such wealth?
@@marcus.H well firstly I don’t see having 2 cars as wealth! I’m in the uk and can barely afford anything. I don’t think young people are as rich as you think they are! And wealth inequality is worse in Nigeria than it is in the USA or uk. In fact wealth inequality is one of the main drivers for our economic problems today!
Inequality is irrelevant. People whatever their incomes do different things with it. Stupid people smoke drink over eat, pay for holidays, a luxurious lifestyle! Northern areas have cheaper homes, you can not pretend they are poorer, their costs are lower. Go without and pay off a house loan. It is not an accident or luck. It was the only reason anyone bought, avoiding rent in old age. Greed got the better of most though, seeing house price gains. Min wage is crazy, more than I have ever earnt. Benefits should be cut. Pay is high, that is why we are losing work, companies etc. It is not local inequality that matters but global. All the while other places will gladly work for a fraction of what any are greedily expecting here we will lose out, quickly or slowly. Inequality, it is called competitive advantage! We all drive it buying cheaper goods or those taking foreign holidays. UK has/is losing any work ethic, thinks high pay is a right for attending work not actually working.
@@David-bi6lf Life has always been unequal, we are born unequal by our very genetics, and thereby health and abilities. As your contentless response demonstrates.
All across Europe people are poorer than they were 10 or 20 years ago ? Its all because of the failure of the EU over decades. Consider how much the EU has already declined relative to the United States. Fifteen years ago, according to the IMF, the GDP of the Eurozone was just under $14 trillion, while the U.S. economy was marginally bigger. Today, the Eurozone’s GDP is just under $15 trillion, a modest rise by any standards. But the U.S.’s GDP has roared ahead to $25 trillion, making its economy 60 per cent bigger than the Eurozone. That’s a lot of relative economic decline for the Euro area in just a decade and a half. The failure of Europe to keep pace with America has taken its toll on living standards. The average EU country is now poorer per head than every state in America bar Idaho and Mississippi. In 1990 America accounted for 25 per cent of global GDP, the EU a little above that. Today, America still accounts for 25 per cent of global GDP but the EU’s share has consistently slipped. It is now just over 14 per cent and falling. America has outperformed the EU on every economic indicator that matters. Since 1990 the U.S. working age population has risen from 127 million to 175 million, a rise of almost 40 per cent, while Europe’s has gone from 94 million to 102 million, a rise of only 9 per cent. We need less EU and a lot more USA
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.
I remember buying your stuff for my a level economics more than 10 years ago, I got an A grade back then so thanks for that 😂
The working class say "we want higher wages" not realising that they should actually be saying "we want our current wages to be worth more and go further"
If the government gives all working people £1,000 and gives all rich people £10,000, the working people are poorer.
But why should the government give 10k to people who are already rich?
@@tinnedoutso lets become a tankie nation then?
hi karl
@@tinnedoutyou should be directing that at what the Tories have been doing the past decade or so.
Thats what tories do. They allow the rich to get more and pay less tax. @@tinnedout
_How Inequality Increased_ - That's what I like to see, the Tories giving their loyal English voters exactly what they voted for.
The problems were going on way before brexit.
There is a reason hardly one in Britain owns a history book. Social history shows that the English aristocracy only cares about itself
They’ll still vote Tory in droves this May 😂
@@kiuk_kiks I'd LMFAO if the Tories get elected for another 5 years. I hope they get in. I don't live in their but I enjoy the lolz.
I’m an american but I love your channel a lot. Provides unbiased and informative content with sources and is consistently on point. Side note really cheering for the UK to rebound. Will be a while but the huge struggle for a lot of the people in that country is sad to see, even if part of it was caused by self destruction :/
It’s always good to get the perspective of friends from across the pond. I think a key problem is centralisation of political power. I understand that outside of the big 3 states of California, Texas and Florida, the average population in the other 47 states is around 5 million. And American States have the ability to vary local taxes and attract inward investment. Germany has 12 states or lander across 84m citizens, which also compete with each other economically.
By contrast, the Blair government between 1997-2005 implemented non standard devolution arrangements in Scotland, Northern Ireland and Wales, affecting perhaps 10-15m of the UK population with nearly 60m in England having no proper regional government. Centralised government often makes single bad calls or defers making necessary important calls.
The sad reality is that the 2 main political parties have always believed they knew what was right for the country, never that the country could be allowed to know what was right for itself. And while Margaret Thatcher was lauded by some for economic liberalisation, she attacked local government funding structures thereby undermining local self determination.
The Brexit saga can be viewed through this power lens. Many of the Brexiteers favoured increasing the power of Westminster and ending the devolved governments in Scotland, Wales and NI in addition to exit from the EU. They favour increased “Henry VIII” powers for ministers to reform law with minimal Commons (I.e. legislature) involvement, although it is really questionable if the Commons is a true legislature. They are also profoundly opposed to the modern notion of individual rights, something that I am not sure is appreciated State-side. Brexiteers have been seen to be profoundly ideological and distinctly short on the practical.
By contrast, those who were pro-EU tended to be more relaxed about devolving powers within the UK also, as well as being pro individual rights.
Brexit is therefore the biggest battle to date, and possibly not the last battle in a struggle for the control of Britain’s levers of power and direction. Brexiteers (who for this argument could be called Traditionalists) want to move back to a Britain of the 1940s. A behemoth at the centre of an Anglo-centric sphere, fully “sovereign” and free. This is all bunk of course.
At the other side, pro-EU or Remain cohorts come from what I would call a Realist or Pragmatist camp. They recognised the end of empire in the 20 years after WW2, the turning of dominion territories (Canada and Australia) in different directions and the conclusion that what was left was engagement with an improving Europe and being the transatlantic bridge between Europe and the US.
The consequence of this tussle has been years of ideological shouting about control and sovereignty and nothing about key bread and butter economic matters like state industrial policy, how to make the UK attractive to external investment and how to resolve economic and political disempowerment together.
A lead Brexiteer, Jacob Rees-Mogg, said once that the benefits of Brexit would not be seen for perhaps 50 years. And this guy was once an investment manager.
The conversations need to change. The power needs to be shared.
@@PlanofBattlethe uk is becoming more and more centralised both in power and in economics.
France and UK are quite similar , most of the economic output come from their 2 capital . There is not much outside of the latter.
Because the uk went with de-industrialisation , regional cities got their revenue cut off .
Wales has been hit a lot because of its massive mining sector.
I believe the uk should try to federalise counties as quick as possible
I agree it needs to go in that direction. Thank you. @@pkhaloobonaccio9883
Stress, bad diet, lack of sleep, fighting amongst oneselves etc. So many problems here in the UK. It will only turn round once the basics are adhered to. Sadly the powers that be will not be helping with this so people need to be become more self aware, do more research and take more responsibility. Tough times ahead if we do not do this.
I believe the issue is wealth inequality. Assets are being purchased by wealthy individuals. Especially in housing.
Yes we probably need a wealth tax. The reality is that the wealthy are unable to spend enough. They always have a surplus and if they are given more then that surplus gets even larger. They then are left with little choice but to buy assets such as shares and property hence prices escalate. With increasing amounts being taken out of the real economy into asset purchases we have an increasing damper on our economic wellbeing.
not the fact people here don’t make anything? blaming the wealthy is easy, they’re the ones actually doing something!
Yep. And that's the typical solution of government and economists to address inequality? Higher income taxes, which further entrench the issue because:
-they do not tax actual wealth, only income from employment
-they penalise the few who do manage to move from a lower social class to a higher one, as they end up paying much higher taxes
Even if they didn't own the houses, how does that make the economy healthy and productive? Also many home owners are boomers and bought when houses were cheap, not like they're all millionaires.
Ban private equity firms from buying residential properties!
Thanks you. I enjoy your straightforward style.
Healthy plant based food can be cheap, using whatever veg is of offer, reduced, frozen, three for two etc. Using dried beans, lentils, in veg chillies, veg curries, veg soups, veg burgers, Indian lentil dal, from scratch . Sprouting lentils and mung beans produces a super food that you can do on your own windowsill. But sadly many people don't have the skills to cook these and instead buy cheap sausage and bacon and burger, pies, tinned stuff , white bread and marge. Sadly this diet creates health problems,
Just chipping in since this vid popped up when you'd just released, thanks for your vids :)
I'm a recent subscriber. Please keep up your relaxed balanced opinions and analyses - too many youtube channels fall prey to the titles containing 'SHOCKED' and 'THIS WILL CHANGE EVERYTHING' nonsense in order to race to the bottom to scrape views - ain't nobody got time for that :)
Also, thumbnail images with arrows on them to try to trick you into clicking out of some universal curiosity about what arrows are pointing at, enough of that noise.
Thank you. Very informative.
Excellent.
You must put hours in the preparing these videos.
Than you.
I love your analysis fabulous 🎉
Another great podcast. Nice job.
Both fascinating and worrying. Great video though. Thanks very much
It's been on this trend for a long time.
It accelerated in the 1980s with Thatcher putting everything into southeast England. The financial industry parasitises off the rest of the world's labour 😂
Thank you for providing credible sources of information throughout. This is a credible channel based on credible sources of information. It's so good to see something that isn't based on political ideology, gumph and trending gossip.
Can you talk about the social mobility of UK?
UK has been a bastion of low or non-existent social mobility for nearly all of its history, though the 2nd half of the 20th century managed to provide the illusion that it might exist and prevail.
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.
How do we enrich the rest of Britain outside London/south East.
That GDP of the UK without the GDP of the London, per capita is almost like the Italian one. That says a lot, really. For example there's several ex communist countries in Europe that now got more than 32 000 dollars of the GDP per capita. Slovenia, Czechia, Estonia, etc. People in northern England probably aren't any richer than these countries now. Wild, how times change.
It's been said that if Poland maintains it's current level of economic growth it won't be many years before it's GDP per capita is higher than the UK.
@@David-bi6lf Having seen much of Poland, I think the standard of living over there is already better than here in the UK at this point.
@@deaconswayne1894your not the only one saying that! Nothing against Poland but when it starts to look better then the UK you know things are bad
@@Jb-zx2fwwe’ve had three clowns in 10 downing one after the other
Boris johnson
Liz Truss.
Rishi Sunak
I miss david cameron at this rate
@@deaconswayne1894 I've been there myself as well, it's not utopia by any means but at least SINGLE low income full time working people there can afford spacious multi roomed apartments to themselves, people doing the same kind of menial work here in the UK have to live in mouldy house shares with multiple other adults.
Also Polish flats have decent sound proofing compared to the thin walls we put up with here. I used to think it was going to be some kind of grey concrete post communist hellscape but it's making England look shabby and derelict.
Excellent video. Pension credit it well paid. Do, they keep in line with average earnings yes Thomas. My Brother Stephen Boyd Londoner 67 Age he lives London he returned Londoner.
Minor suggestion: Shrink the size of the graphs/images just a bit. They get cut off at the top & bottom by CZcams player controls, and also the subtitles I use that are always on. Thanks 🙂
Thanks for the tip
What about a UBI?
Especially for the working poor & the destitute?
🚫 *Ban private equity firms buying residential properties!*
🏠
Ban a few families and corporations hoarding all the land
too late. even if they did, its too late now. i dont need a big family house in my 50s. im on the dole.
And Wales is in the same group as the poor of North England. I always love the Tory mind set. When they do average wage, I would love the average wage.
I wonder how these figures look when taking into account Purchasing Parity, it's all well earning an extra £1000 a month working somewhere wages are higher, but what good is it if your rent is an extra £1100 a month too, using simplified numbers there but you're worse off if your disposable income doesn't let you consume more commodities.
I was thinking about Padstow, Cornwall. When I checked online, house prices are 1 million GBP upward. How is this possible, sustainable ?
It will get worse not collapse.
@@RoniiNN thats how india is thats the future
For many years landlord MPs vote against building affordable housing too. Only way to keep rents high is to ensure a shortage.
Read about Gary Stevenson, ex Citi bank banker who made tens of millions and explained that the small circle at the top of society mostly in banking and finance etc make so much money, but realistically you can’t even spend that much, you’d struggle to even spend a million a year, so they basically put all their left over money into buying up all the assets because what else is there to do with it. So they end up with a portfolio of properties owned by one person. Needs to be a massive tax on second home ownership.
2.1 million people in the U.K. own more than one home
Great work! However, your problem / solution ratio needs addressing.... And quickly.
The UK's historical trend of falling inequality post-World War II reversed in the 1980s and has persisted ever since.
Under Margaret Thatcher, economic inequality and poverty in the UK increased significantly.
The Thatcher government's emphasis on incentives for the wealthy while neglecting the living standards of the poor has evidently contributed to a widening gap between rich and poor.
Tories' persistent focus on austerity, tax cuts for the wealthy, and reductions in public spending have disproportionately impacted marginalized communities and hindered social mobility.
Can be employed, but going hungry. Unemployment chart does it paint an accurate picture these days?
>55% of UK wealth comes from merely the right to exclude others from a part of this Earth. As a matter of basic economic justice, that can all be taxed away, solving equality issues like housing overnight. And by reducing/eliminating taxes on output, take a huge deadweight off our economy. A transformational win-win. People like Tejvan Pettinger will not talk about this. Why do you suppose that is? Is he a landlord. An asset rich/income poor homeowner? Shares in Persimmons perhaps?
I could only imagine my health (Body and mind) if I could turn the heater on...
Why don't they forbid to purchase existing properties to anyone who does not intend to live in them?
If someone wants to invest in the property sector, they should be doing only by financing new builds.
Can you make a video on council tax or wealth taxes in general and how they may benefit the country and wider populous?
It’s time we held the one percent to account, seize their assets and life imprisonment for tax avoidance. Stop companies that offshore any profit from operating so that new companies we can tax take their place. Implement a wealth tax, ban private rent on residential properties, protect workers rights and implement a sustainable minimum wage.
All very doable if we realised we had the power to quite easily change the current situation.
Okay comrade🤣🤣🤣
Argentina
Do you know the difference between tax avoidance and evasion? Clearly not, one is legal, but questionably immoral and the other is not.
@@David-bi6lf I avoid tax by saving in an ISA, perfectly legal, but these commies are too thick to know the difference, they just want free money to squander.
@@garyb455 Venezuela.
So globalization(moving the industrial base), immigration, housing and lack of benefits for working people of lower and middle classes.
Can't really say I am surprised, but what is surprising is how regional the effects are.
When you figure out that the worst impacted areas were those most impacted by deindustrialisation, the truth that these areas were thrown in the deep end and told to swim for the last 4 decades becomes clear. And underlines why whilst watching a piece by PoliticsJOE in Hartlepool, that one of the Vox Pops was someone who hadn't worked in decades, why people like him were in the Red Wall.
One would have hoped that that when their policies failed, governments over the years would have tried to help them, but that didn't happen. Or, tbh, any help they did get fell victim to ideological thinking. They got left behind, and they're still suffering because the damage has gone too far and too deep. That's two generations so far in these areas that have been left to rot on the vine. And there's more to come, sadly. Ships of state don't turn on a sixpence because when push comes to shove, nobody likes change, but the changes we have let happen have stop.
Fiat money was the cause. Period.
Homeless people are treated so badly in UK.so human rights vialotions
Worrying that the peak of inequality was under Labour.
London is where money is created by banks (ref. Bank of England Q1 2014 Bulletin).
The closer to the source, the more access to it.
London gets huge arts funding.
QE was given to asset holders. Result: more inequality.
A glowing testament to the Tories, the poor are worse of than those in Mississippi and some of the poorest in Europe.
It's a worldwide phenomenon, regardless of who's governing. Just look at Canada 🇨🇦
if I didn't know any better I would say that the rich have decided we're at an Elysium Moment in which they ensure that they and their descendants can live luxuriously, unencumbered by obligations to state or nation, while the growing underclass, and their descendants, are saddled with futures of indebtedness and an end to ownership and social mobility. They were telling the truth at Davos with "You will own nothing, and be happy." Except for the happiness part, of course.
It's increasingly feeling that way unfortunately!
* that's a movie I need to re-watch.
Employment rate has actually decreased since 2020.
Please do a video on land value tax & its effects on society!
Pure evil and plain wrong. Probably why no one will do it.
@@nicholaspostlethwaite9554what rubbish. In no way is it evil. It's cos it's hard to implement. I mean even council tax is based on 1991 house prices. However it makes sense because land cannot be hidden or moved offshore.
@@David-bi6lf No it is plain evil. Based on maxing out the exploitation of land, or have it stolen from you by taxation. Only taxes on new income and sales is there actually money there to pay taxes. It is never ever acceptable to tax an asset just for owning it. Yes that includes the corrupt unfair basis of Council tax. Which should be scrapped entirely and the revenue recovered from all general taxes.
This obsession of a certain few with unmovable stuff is complete garbage. Some will always find ways round taxes, like the old asset based window tax, by bricking them up. Land value tax is as stupid as Window tax.
❤❤❤
This inequality has been baked in and reinforced. DON’T build more in the SE and London… move jobs to the NE. Spend more on transport and grants in the North. The Dept of Transport still uses “best value” formulas to allocate funding for infrastructure, instead of trying to actually “level up” the north for long-term growth and sustainability they prioritise pouring more oil onto the overheated SE.
It’s madness and will continue to make the issues we face WORSE not better.
Better transport in the North East ? Didn’t you see its all been cancelled ?
If I ever become very wealthy I’ll build up our poorer cities up and give people a better life and stop the status quo of inequality and prosperity from London and give everyone across the UK the same if not better quality of life
This is so easy to fix, all you need to do is reduce the Corporation Tax to 10% in poorer regions and business will do the rest. They would attract business from all around the World. You only have to look at Irelands success over the last 20 years to see what can be done with common sense.
Good graphs 📈📉📊👍
10 % of UK GDP or 22% of UK government expenditure - 240 billion pounds is spent on welfare. Use it instead on infrastructure, road up north, internet and communications. That will improve UK economy big time. Also reduce taxes so people can go and work. If they told me I can take home 95% of my paycheck I would work nonstop 7 days a week.
who tf is going to sponsor public goods with a 5% income tax?
Do you believe your country has excess reserve to do that ? Saudia Arabia can do that because it own Saudi aramco , the most valuable company in the world . What u guys have ?
Basically we have a load of Bolts that dont fit the Nuts.
no houses meant i retired early at 50. its better to rent and work part time now.
Can a UBI solve the problem?
Or is it the same old story. When it comes to the poor:It’s a cost!☹️
Thatcher!
2:15
These are correlations, but that doesn't mean they are causal. How do you know its not some other factor causing both of these outcomes?
Defund the government, stop paying tax
They can't put us all in prison
Thank you !
The super rich own all the assets that’s the problem
We need to make more assets. Theres so much useless greenery on this island. Turn it into property
mostly boomers, not like every household are some mega rich people, but the boomers had it good. Not sure that has anything to do with the Uk producing nothing though
Ban private equity firms from buying residential properties 🚫
snowball effect is real, austerity bad
Mmmmm snowballs
👍🏼
3:20 🏴 & 🏴 ❔
don't pay for heineken beer anymore
I can 100% guarantee that you can still have a healthy diet on a low budget but it’s just it is a lot easier to just get a bad diet and then use the excuse that ‘food is to expensive’ online when use gain 20+ pounds in year 🤦
Such as what foods and from where? I gotta budget of £25 a week to feed me healthy but suitable calories and budgets get tighter then that, please tell me where i can organic, fresh, healthy and affordable food? MR 100% guarantee
@@Jb-zx2fw just go to places at the end of the day they sell food at reduced prices like £1 at times and it’s good food like chicken and beef’s and I’ve Eve seen eggs being sold a few times at a reduced price
@@kevincowan2639 mate I am constantly running to the reduced sections and most reduced foods are not £1 either go to an main market and have a look yourself? I'd agree you can find occasionally offers however it's not suitable long-term and there are loads doing it which means fairly you can only take a small bit and thats if its not already gone, and not trying to be awkward thats how it works on the ground
But if u got other suggestions go for it as the communities are really struggling most adults eat 1 meal a day with snacks to fill em, so if u have ideas im legitimately up for hearing it!
There's a channel called Atomic Shrimp with limited budget cooking challenges, shows what's possible.
Top 50% of earners £26k per annum
Top 25% of earners £41k per annum
Top 10% £63k per annum
Is that it? My mum is on £450k+
@@user-pp9yk3tu4z that will make her like top 0.5%.
Funny how it all increased from 1997 when house price went up 10% year on year and while the uk was in the eu.
London normal family can't afford rent house
Poor people's human rights to travel are being violated, limiting their opportunities and options, and it's another form of collective punishment on families.
Who is stopping them? How can we eliminate these restrictions?
Do you mean illegal immigration?
Just knew you’d get your “ brexit” dig. In. Sad .
5:42 This data is definitely false. No way is Southend in the poorest 12 regions in the UK. Bearing in mind a 3 bed terrace will set you back £300k, compared to places in the North East which are
Kids just need to stop eating Takis crisps and daily coffee from Black sheep
You mentioned a while back how the minimum wage is a good thing.
Thomas Sowell has a contrary view to this, would be interested to shear your explanation as to how it works?
This video provides a common path followed by an increase in the minimum wage:
czcams.com/video/SR8wUiyZ-lg/video.htmlsi=n5IxPZhGmR2YTyre
People, just LEAVE, EMIGRATE. Anywhere else. The UK is done for.
Inequality of wealth generates inequality of income.
In London, part of the problem is that half the social housing isn't even being given to Brits! No wonder everyone flees to the Home Counties when the other options are be very rich, be lucky enough to get a council house, or rent forever.
Then there's the fact that our own people are being made homeless while £6m a day is spent on people who shouldn't even be in the country at all (admittedly a small problem in the grand scheme of things, but the point is that zero should be spent on this in the first place).
People aren’t being made homeless by spending money on hotels for migrants and asylum seekers. People are made homeless by the lack of house building by central government and landlords. Immigration isn’t the problem with housing, it’s the very severe lack of house building over the last 15 years
@@Alex-fm5ke No you are wrong it started 40 years ago when Thatcher sold off the council houses and did not replace them. That is the core problem no social housing. Private rents are MORE than paying for a mortgage many cannot get a mortgage even though they are paying out enough to pay a mortgage every month, this is the reason they cannot save enough for a deposit.
More than half of the UK's housing stock was built before the 1950-60s, and subsequent housing development did not keep up with the population increase, even before the large immigration waves that are a recent thing. Then you have Thatcher's fabulous idea of turning affordable council houses into properties to be owned, which took cheap housing off the rental market.
It's a lot easier to pin the whole issue on immigration, though.
@@Alex-fm5ke Adding an additional 6 million people in 20 years has massively compounded the problem though.
And I do need to ask how these people are able to access social housing at all in the first place? My wife's BRP was always very clearly stamped with "No recourse to public funds" which makes it very clear she had no right to welfare until she became a citizen last year. Additionally, we had to prove that she was more than capable of financially supporting herself without the state helping out, which is very reasonable imo. A migrant who puts in more than they take out from the country is a valuable asset, which is the entire basis of immigration policy in most developed countries.
So why is almost half of London's social housing stock occupied by non-citizens?
In terms of corporate structure, London is sucking out all the gains from labour. Everyone else works their assess off but the profits and bonuses are all funnelled down to London.
This is what happens when a party like the Tories have a stranglehold.
London is so successful because the whole country puts it's eggs in one basket.
Scotland not even mentioned! Typical! English man!
Anyone else thinking that they would love to earn as much as the poverty stricken people of Blackpool? That would be a 30% pay rise for me 😂
The diet thing is definitely false, if you eat plant based you can have a healthy meal for at least 3-4 people for around 10 pounds or even less if you get bulk beans, grains, legumes etc. It’s really not hard, many cultures all over the world do this daily, you just have to actually learn and put the effort in. Of course you'll be ill if you just eat processed foods etc.
Yeah, work all day and then come home to eat a salad
Sounds like slavery lmao.
It’s not only UK Australia USA Canada New Zealand and so on if you did no get your financial goals achieved before Covid your stuffed simply but 🤔😉😃👍👋
It’s funny how the poorest are always the ones covered in tattoos and smoke/vape
And go on big holidays every year
They probably live more fulfilling lives than you in your office cubicle tbh
Life expectancy is reducing in UK.
Infant mortality is increasing.
20 year gap in life expectancy. between wealthiest and poorest in Society.
These stats are going the wrong way faster since the Brexshit vote
imagine 2 nations next door to each other. One of them focuses on building factories and machinery in order to build cars, computers, smartphones, and toys. But the other nation does nothing and remains farming the land and refuses to bother upgrading infrastructure. Obviously the nation who trains up their people and makes the nation wealthy will have a lot more wealth than the other nation that just refuses to advance.
Should the nation that refused to build their infrastructure now blame the ones who did choose to build up in their own nation? Did they somehow lose something because the other nation chose to become wealthy?
Just because one of the nations did well but the other one did poorly, that does not mean that we should blame the rich for somehow making the poor worse off.
Well, in a similar way if one family decides if they are going to plan for their future and they do well, do you think that that makes other people worse off?
I think people need to rethink what inequality means. Inequality does not mean that one person has to be worse off. Often just the result of one person being better off than someone else and those are often due to that one person's choice
Your analogy breaks down. Countries with higher inequality have lower standards of living for everyone than countries with lower inequality. In other words, equality is better for everyone.
@@BezJones very good 💯 please give some examples - I'll go first
Uganda has very very few rich people. But sadly, America has most of the world's billionaires.
Since America has many more billionaires, I expect that their standard of living must be far lower. Sadly, all the billionaires there must have mopped up the wealth, leaving average citizens unable to build wealth
I guess you're right after all
plus many of the rich come from elsewhere, bringing money to spend on builders for investing, renovations, taxes etc. I imagine without that it would just be a bunch of farmers and service people catering to travelers 🤷
@@marcus.Hinstead of Uganda, why not compare America to Denmark?
There is a limited amount of resources, if everyone lived like America would need three planets. So it's unfair for a few greedy individuals to take more than they need, while others go without. When there is limited water, there is a ban on excessive use, there is limited money. It is pure luck that you are born in a wealthy country, so why do people feel entitled. Our lifestyle is supported by exploiting the poor e.g. cheap tea and coffee is picked by poor labourers suffering for a few dollars a day. Is this fair?
Inequality means nothing
Imagine I live next to a guy who's business does great this year and he's much better off than I am - have I lost out? I don't think so
Or, conversely, my neighbour has a very very bad year and loses it all. Does that make me any better or worse off? I don't think so
Inequality means nothing
Bingo!
Sounds like someone’s detached from reality! Such an interesting point though, that somehow you are separate from the fate of other humans
Maybe you are but I don’t think you are
If society collapses we all suffer
@@goychI agree if everything collapses everybody suffers. But we're talking about something else entirely.
America has more millionaires and billionaires than any nation elsewhere on earth. Therefore, we would expect that all these billionaires and millionaires mopping up all the wealth will mean that the average wage should be significantly lower than the 70 grand that it currently is.
I want to see you explain why the average American family can easily get two cars on their driveway while the average person in Uganda (where inequality is much lesser and there are no billionaires) can never even hope to own such wealth?
@@marcus.H well firstly I don’t see having 2 cars as wealth! I’m in the uk and can barely afford anything. I don’t think young people are as rich as you think they are!
And wealth inequality is worse in Nigeria than it is in the USA or uk. In fact wealth inequality is one of the main drivers for our economic problems today!
Inequality = no middle class = third world country
Inequality is irrelevant. People whatever their incomes do different things with it. Stupid people smoke drink over eat, pay for holidays, a luxurious lifestyle! Northern areas have cheaper homes, you can not pretend they are poorer, their costs are lower.
Go without and pay off a house loan. It is not an accident or luck. It was the only reason anyone bought, avoiding rent in old age. Greed got the better of most though, seeing house price gains.
Min wage is crazy, more than I have ever earnt.
Benefits should be cut.
Pay is high, that is why we are losing work, companies etc. It is not local inequality that matters but global. All the while other places will gladly work for a fraction of what any are greedily expecting here we will lose out, quickly or slowly. Inequality, it is called competitive advantage! We all drive it buying cheaper goods or those taking foreign holidays. UK has/is losing any work ethic, thinks high pay is a right for attending work not actually working.
I try to avoid reading tripe. Just a shame you didn't label your comment as tripe so I didn't waste my time 😂
@@David-bi6lf Life has always been unequal, we are born unequal by our very genetics, and thereby health and abilities. As your contentless response demonstrates.
People love to blame everyone but themselves
The cause is clear: the Tories.
and Labour.
All across Europe people are poorer than they were 10 or 20 years ago ? Its all because of the failure of the EU over decades. Consider how much the EU has already declined relative to the United States. Fifteen years ago, according to the IMF, the GDP of the Eurozone was just under $14 trillion, while the U.S. economy was marginally bigger. Today, the Eurozone’s GDP is just under $15 trillion, a modest rise by any standards. But the U.S.’s GDP has roared ahead to $25 trillion, making its economy 60 per cent bigger than the Eurozone. That’s a lot of relative economic decline for the Euro area in just a decade and a half. The failure of Europe to keep pace with America has taken its toll on living standards. The average EU country is now poorer per head than every state in America bar Idaho and Mississippi. In 1990 America accounted for 25 per cent of global GDP, the EU a little above that. Today, America still accounts for 25 per cent of global GDP but the EU’s share has consistently slipped. It is now just over 14 per cent and falling. America has outperformed the EU on every economic indicator that matters. Since 1990 the U.S. working age population has risen from 127 million to 175 million, a rise of almost 40 per cent, while Europe’s has gone from 94 million to 102 million, a rise of only 9 per cent. We need less EU and a lot more USA
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.
We need better quality permanent jobs, part time or full/self employed salaries/wages overall. Otherwise growth will just stagnate, yes that also means benefits have to increase too. Also, more investment in the public sector too and of course with the private sector doing their thing as well.