Britain’s poor are poorer than ever

Last Updated: June 18, 2014By

Look at the graph – in terms of income inequality the UK is getting closer to the United States and to Chile, the table leader whose neoliberal regime was so admired by Margaret Thatcher. Of course, that country’s economy went belly-up long before ours did; as we can see, it didn’t do much harm to the richest people there.
A similar result here is what the Conservative-led government in the UK is banking on – literally.

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5 Comments

  1. ellie guest June 18, 2014 at 11:44 am - Reply

    ummm,,, we do not use dollars here

    • Mike Sivier June 18, 2014 at 1:43 pm - Reply

      It’s common practice to convert the amounts in local currencies to their equivalent in one that is commonly-used internationally – in this case, the dollar. It avoids extra complications.

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