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An excerpt from a WaPo opinion piece, earlier this year: But look outside this golden world and you discover a different picture. Real household income h
by wozniacki 3y ago
An excerpt from a WaPo opinion piece, earlier this year:
But look outside this golden world and you discover a
different picture. Real household income hasn’t increased
for the past 15 years. The average UK
household is 20% poorer than its peers in northwestern
Europe. A survey for the Resolution Foundation in January
found that 11% of Britons (the equivalent of 6 million
people) hadn’t eaten when hungry because they didn’t have
enough money for food.
.
.
Britain’s low-growth economy is not only relentlessly
reducing the country’s living standards (on current
trends, the average Polish family will be richer than the
average British family by the end of the decade). It is
also forcing everyone to pay higher taxes for worse
public services: The great British Middle Class live in
a world of petty crime that goes un-investigated let
alone punished, over-crowded emergency health services,
and ever-lengthening NHS waiting lists (Britain has one
of the lowest ratios of doctors and hospital beds per
patient in the whole of the OECD).[1]
[1]
Britain Should Stop Pretending It’s a Rich Country July 18, 2023
https://www.washingtonpost.com/business/2023/07/18/stagnant-britain-needs-growth-if-it-wants-to-be-a-rich-country/a9f39bd6-2526-11ee-9201-826e5bb78fa1_story.html https://www.washingtonpost.com/business/2023/07/18/stagnant-...