Our current problems in one graph

[BillyStubbsTears]

https://mobile.twitter.com/DuncanWeldon/status/1179068557902143489

Staggering. Just staggering.

That's the reason for the anger and the frustration and the sense of betrayal by "the elite". That's the reason for Brexit.

The past decade has seen the worst wage growth of any decade since the Napoleonic Wars.

f**king Austerity. THE most criminally stupid and damaging Govt policy of any of our lifetimes. It was predicted in 2010 that Austerity would do this to wages. It's done it. And people are right to be furious with the elite that foisted it upon them. It just a different elite than the one folk ARE currently angry at.

[scawsby steve]

Thanks for that graph BST. It absolutely bolsters my views on here that life was better in the 1960s.

[SydneyRover]

I pity the young people that will never see a period like the 60's and hope that johnson will meet a similar fate as Napolian

[wilts rover]

That is not the whole story though. Whilst real wages have fallen income for the richest 10% of society has risen. As a consequence inequality has also risen and social mobility fallen.

https://www.equalitytrust.org.uk/scale-economic-inequality-uk

[BillyStubbsTears]

SS.

On one level I don't disagree with you.

The post-war years were a model of sensible capitalist growth, with the biggest share of growth ever, going to the workers.

That's what I'd want us to get back to.

But the enemy there isn't the EU. It's the right wing economics that took over in the UK and USA in the 1980s.

Farage wants that on steroids. That's the saddest thing. Ordinary working class people have been f**ked over by the right. And now their rushing to support them.

[DonnyOsmond]

Thanks for that graph BST. It absolutely bolsters my views on here that life was better in the 1960s.

Like BST says, that isn't the EU's fault. The blame is entirely with the Tories and austerity.

[BigH]

Thanks for that graph BST. It absolutely bolsters my views on here that life was better in the 1960s.

You're not far wrong.  What the graph misses is the rise of consumer debt since the 1960s. Effectively a proxy for wage growth.

[BillyStubbsTears]

And another one.

https://mobile.twitter.com/PlanMaestro/status/1181017657874829312

That's American data but I'm sure ours will be similar.

SS. You were saying you wanted us to be more like the 60s. You think the Brexit Party, run by and for multi-millionaires is going to bring back the taxes on the wealthy that made the 1960s work?

Honestly?