5 ms·
From afar, it would appear that the middle-class would be for "Leave" not "Remain" The "Leave" movement is a denial of big business, corporations, and large go
by BallinBige 10y ago
From afar, it would appear that the middle-class would be for "Leave" not "Remain"
The "Leave" movement is a denial of big business, corporations, and large government. It's a counter to income inequality, correct?
- tim333 10y agoI'd say mostly not. The middle-class mostly were for remain. They're not so keen on kick the immigrants out stuff. A lot of them work for big business, corporations, and large government. The effect on income inequality remains to be seen. Here's the treasury projection of the effects: >The Treasury has now followed up with a report on the short-term consequences of a vote to leave. In summarising the results, George Osborne, the chancellor of the exchequer, has stated that the UK would suffer a “do-it-yourself” recession if it decided to leave. One might better call it a “do-it-himself” recession. For it was the government’s decision to take this risk. >The new report’s main scenario predicts that GDP would be 3.6 per cent lower after two years than if the UK voted to remain, unemployment would be 520,000 higher and the pound would be 12 per cent lower. Under a worse scenario, GDP could be 6 per cent lower, unemployment 820,000 higher and sterling 15 per cent lower. Doesn't sound like a prescription for lower inequality in the short term at any rate.
- ZeroGravitas 10y agoThe middle class voted remain: http://lordashcroftpolls.com/wp-content/uploads/2016/06/LR-by-demographics.jpg http://lordashcroftpolls.com/wp-content/uploads/2016/06/LR-b... In this chart ABC1 together are often summerized as "middle-class"