The average person gets poorer whilst the rich get richer. Sounds like it's working as designed to be honest.
This is how it always has been no matter how anyone tries to spin it. All the talk of economic growth means nothing to people who are going hungry.
Not so, the gini coefficient hasn't always been like now and isn't always worsening everywhere.
https://www.statista.com/statistics/872472/gini-index-of-the-united-kingdom/
https://www.statista.com/statistics/874070/gini-index-score-of-eu-countries/
It's crappy government where inequality keeps getting worse.
Brexit means Brexit
Though Brexit is definitely part of it, this is the whole Tory austerity programme from the Tory/Libdem coalition onwards.
Tory means Tory.
Their repeated claim that their party is good for the economy, unlike "magic money tree looney lefty liberals", is about as believable as the scrawny kid who used to come in the pub and tell everyone "he could kill a tiger with one punch, and he'd got SAS training off of his dad, who was also a ninja".
If we genuinely used that to reinvested in our population to fill jobs we might be looking at a different situation. Brexit was a mistake but we could have done something with it.
We have no job training, huge unemployment yet it's far easier to import people from the third world to keep house prices high for the upper class to profit.
The only way we could have made something of Brexit is to remove work, financial & environment protections to turn us into an exploitable tax haven.
It's partially being done hence the shit in rivers and removal of banker bonuses. But it won't help 99% of people. Only the richest 1% who'll fuck off to the EU for citizenship and benefits while paying fuck all tax via tax loopholes in this country.
Depends on what you mean by making it work. Growing gdp yes. That's probably the only way.
But a lot of other things could have been done. Build a shitload of houses and forces businesses to do more on the job training and move to low employment areas could have had a huge huge impact. But this absolutely would have had to be tied to low immigration to have worked.
It would have decreased gdp or stopped it growing as much but people would have more jobs, more discretionary income and better living situations. Personally I think that's better than increasing GDP.
I'm a lefty, so when I hear companies say "We're making a loss against our projected growth this year" (usually during pay negotiations) I think "So you made up some shit and it didn't work out, and now you're saying you're making a loss when in fact you still made a profit, just less of a profit than you imagined at the beginning of the year which is bullshit"
If Aberdeen had kept growing the way it was then the average person would have £45 000 more disposable income. Like come on it's the same bullshit arguement. It didn't keep growing the same way, and now we're trying to say it should have done? But it didn't because of insert opinions here that suit an arguement you wanted to make about austerity and other things
I don't like anything from think tanks because it's just a load of overpaid twats talking a load of old shitz then trying to convince me that they're worth their pay.
I don't like the Conservative think tanks and I don't like the lefty ones either. It's all part of the brainwashing.
I really just want the world to end. I'm fed up.
Average UK people angry at annoying think tank
So here is the interesting thing. The think-tanl blames this reduction largely on the lack of growth in the British economy. I can feel Liz Truss pricking up her ears.
I'm pretty sure I lost out more than that due to the wage decrease I took during COVID, which I assume hasn't been calculated for, since it isn't mentioned.
Also the increased energy usage I had during that time from being at home all the time. Then again when doing work from home, although that's somewhat offset by decreased fuel costs.
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