Tories and Lib Dems engineer fastest fall in wages since Victorian times
Damning: The graph by the House of Commons Library, showing how earnings have plummeted since Cameron’s Coa-lamity government came into office.
David Cameron must be so proud. He wanted a return to the Victorian era and that is exactly what he has achieved.
Wages have nosedived, meaning the gap between the richest and poorest is larger than it has ever been; we already know that diseases once thought long-gone are stalking our streets once again while the National Health Service has been bled to the point of death; and the welfare state is in critical condition, with people who have paid into the system all their lives bullied out of claiming benefits when they are needed and sent back to die in their homes.
This is David Cameron’s brave new Britain.
The figures on wages are the latest blow against the public-relations Prime Minister’s credibility – they come from the respected House of Commons Library.
The graph (above) uses figures from the Office for National Statistics, the Bank of England and forecasts from Coalition poodles the Office for Budget Responsibility.
It shows that real earnings are expected to have fallen by 2.3 per cent between 2010 and 2015 – the first fall since 1922-3 when wages fell by 1.8 per cent – and the largest since 1874-80, under Conservative Prime Minister Benjamin Disraeli, when they fell by 2.6 per cent.
Firm figures for 2010-13, from the ONS, paint an even worse picture – they show a 4.6 per cent drop during the three-year period.
So, Dear Reader, if you have been doubting Labour’s claim that wages have dropped by £1,600 per year, in real terms, since the Tories and the Liberal Democrats sidled into office, doubt no more!
This factual evidence has thrown into chaos Conservative claims that the UK has returned to prosperity because our Gross Domestic Product has finally exceeded its pre-financial-crisis peak.
Vox Political was right to say GDP might be up 3.1 per cent on last year but it has nothing to do with most of the population.
What is our part-time Chancellor going to do about it? He’s done quite a lot of nose-diving himself and, considering what he has managed from his office…
Let’s hope the song isn’t ‘Gold’, because the irony would be too much to bear.
George Osborne might as well go back to prancing around a prostitute’s boudoir to a soundtrack by Spandau Ballet.
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Mike, couldn’t reblog, so copied and pasted and mentioned it was from your blog. Excellent post and shows us exactly what we all knew already.
P.S. Could the Spandau Ballet song be “Nature of the Beast”
It is the key to all the doors,
it is the crashing on the shores.
it lives in your steering wheel.
it hides in the wind and rain,
with voices as cold as steel
it’s calling your name
it is the smile upon his face
it is the winning of the race.
it lives in the red-alert.
it lives in the power game
it’s easy to take to heart
but harder to tame
this is the nature of the beast
(this is the nature)
this is the nature of the beast
(this is the nature)
without all this heat
they’ll be dancing west to east
this is the nature of the beast
it is the glowing in his eyes
it is the reason for his lies
how many know you’re there
how many play your game
he’s always the man to dare
you’re always to blame
it is the need to understand
it is the trigger in his hand
it lives in the uniform
it grows from the need to gain
with faces so old and torn
it’s calling your name
this is the nature of the beast
(this is the nature)
this is the nature of the beast
(this is the nature)
without all this heat
they’ll be dancing west to east
this is the nature of the beast.
I notice from your chart that the last time real wages fell over the course of a full Parliament was 1918-1922 : which was also the last time we had a Conservative -Liberal coalition government !
I can’t reblog either so have copied and pasted to my blog, and also to facebook.
We have known all along that they have been lying through their teeth, as they have for the last 4+ years.
I despise this government and I despise those who believe in them and vote for them.
The reason you can’t reblog is, this is a new Vox Political site, necessitated by the move to make a buck or two from it.
It would be much better for you to excerpt part of the article and then post a link to this site, otherwise you are taking hits away from me, which is counterproductive. Please consider doing that in the future.
It’s what I’m going to have to do instead of reblogging other people’s posts. :-/
Noted and done :-)
Reblogged by Copy n Paste with credit to you for the post and link back to it here.
What a palaver lol!
Seriously tho Mike, good luck with your new site.
Thanks for that.
(Actually I’m only replying to this to see if I appear as myself – I seemed to be WordPress Support last time!)