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  3. Want to know why most people don't think the UK economy is working for them?

Want to know why most people don't think the UK economy is working for them?

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  • chrismayla6@zirk.usC This user is from outside of this forum
    chrismayla6@zirk.usC This user is from outside of this forum
    chrismayla6@zirk.us
    wrote last edited by
    #1

    Want to know why most people don't think the UK economy is working for them?

    That real household income has been stagnant for a decade might have something to do with it...

    (And don't forget these real levels have taken inflation into account *but* such adjustment doesn't include house prices which continue to climb as a multiple of wages, making one aspect of economic life seem less & less affordable).

    This is why Zack Polanski's message on the economy has traction!

    #economics #politics

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    urlyman@mastodon.socialU morfil@climatejustice.socialM 2 Replies Last reply
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    • chrismayla6@zirk.usC chrismayla6@zirk.us

      Want to know why most people don't think the UK economy is working for them?

      That real household income has been stagnant for a decade might have something to do with it...

      (And don't forget these real levels have taken inflation into account *but* such adjustment doesn't include house prices which continue to climb as a multiple of wages, making one aspect of economic life seem less & less affordable).

      This is why Zack Polanski's message on the economy has traction!

      #economics #politics

      Link Preview Image
      urlyman@mastodon.socialU This user is from outside of this forum
      urlyman@mastodon.socialU This user is from outside of this forum
      urlyman@mastodon.social
      wrote last edited by
      #2

      @ChrisMayLA6 probs relevant
      https://mastodon.social/@urlyman/114438698389214058

      urlyman@mastodon.socialU 1 Reply Last reply
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      • urlyman@mastodon.socialU urlyman@mastodon.social

        @ChrisMayLA6 probs relevant
        https://mastodon.social/@urlyman/114438698389214058

        urlyman@mastodon.socialU This user is from outside of this forum
        urlyman@mastodon.socialU This user is from outside of this forum
        urlyman@mastodon.social
        wrote last edited by
        #3

        @ChrisMayLA6

        Unfortunately for the Greens, speaking bluntly about the physical underpinnings of the economy is not a vote winner. So they’re playing a modestly less energy blind version of the game the other parties are.

        I vote for them nonetheless.

        It’s only because the other parties are firmly in 20th Century fantasy land that there is so much space for the Green Party to swim in

        chrismayla6@zirk.usC 1 Reply Last reply
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        • urlyman@mastodon.socialU urlyman@mastodon.social

          @ChrisMayLA6

          Unfortunately for the Greens, speaking bluntly about the physical underpinnings of the economy is not a vote winner. So they’re playing a modestly less energy blind version of the game the other parties are.

          I vote for them nonetheless.

          It’s only because the other parties are firmly in 20th Century fantasy land that there is so much space for the Green Party to swim in

          chrismayla6@zirk.usC This user is from outside of this forum
          chrismayla6@zirk.usC This user is from outside of this forum
          chrismayla6@zirk.us
          wrote last edited by
          #4

          @urlyman

          Yes, but focussing on the effects of the dire impact of the problems in the economy may well be a way to square that circle.... I think Mr Polanski is going to surprise a lot of people in his deft handing of the issue.

          Whether he can make a better job of managing the UK's economy given the constraints he will encounter is another issue; but like you I want to give him the chance!

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          • chrismayla6@zirk.usC chrismayla6@zirk.us

            Want to know why most people don't think the UK economy is working for them?

            That real household income has been stagnant for a decade might have something to do with it...

            (And don't forget these real levels have taken inflation into account *but* such adjustment doesn't include house prices which continue to climb as a multiple of wages, making one aspect of economic life seem less & less affordable).

            This is why Zack Polanski's message on the economy has traction!

            #economics #politics

            Link Preview Image
            morfil@climatejustice.socialM This user is from outside of this forum
            morfil@climatejustice.socialM This user is from outside of this forum
            morfil@climatejustice.social
            wrote last edited by
            #5

            @ChrisMayLA6 question, can wage increases and inflation exist in a degrowth economy? Or are they both dependent on economic growth?

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