UK, Third World Country!!

          Further to my article regarding the "End Of Austerity" some very interesting and devastating  series of facts in this link from Comrade Loam. It lays bare the facts of how we in the UK have seen our standard of living deteriorate further in relation to inequality within the country than any other country in Europe. As far as inequality goes we look more like a third world country than a so called rich developed country.

Thanks Loam for the link:

      "...purchasing power parity poorest people in the United Kingdom in the year 2000 are poorer than any other nation in 2010 some of the poorest 10% of the population have an income on the scale which the OECD create and I should explain this a little better to you the OECD study creates a scale and inequality scale in the year 2000 in the United Kingdom the poorest 10% of the population had an income which which gave them 60 points on the OECD scale the top 10% of the population of the United Kingdom in the year 2000 had an annual income at 845 points on the same scale 60 at the bottom 845 at the top Germany is the country in the study which comes closest to the United Kingdom at the bottom end of the scale poorest people in Germany are at around 60 points in the scale as well but the richest 10% of the German population have a score at the other end of the scale lot of 845 but just above 300 and that's the closest of any country in the whole survey including the United States so that's in the year 2000 15 years later and uniquely in the survey poorest people in the United Kingdom are poorer than they were in the year 2000 and there is no other country in the survey at all where 15 years later people have fallen further back than they were 10 years earlier at the top of the scale in the United Kingdom the richest people have moved from 845 points on the scale now to 1150 they have broken through the 1000 barrier in Germany the most well-off have got richer - they've now moved from just above 300 to just below 400 so the gap between the United Kingdom and any other country in Europe which starts with differences in equality in inequality which are absolutely striking at the start of the period that gap has grown even further in the 15-year period and that's what I mean I think by suggesting to you that while in the European mainstream the gap between the top and the bottom in any country is relatively narrow and even under the conditions of austerity grows to a modest extent the United Kingdom begins as the most unequal country in the European Union and that accelerates away accelerates away even faster during the austerity years and the figures as you will know I'm sure are not in any way one-off for the product of some strange methodological quirk earlier this year research for the Centre for you for European reform the Centre for European reform told the same story at a regional level the United Kingdom has nine of the ten poorest regions in northern Europe there is one part of Belgium that is on that list all nine others are regions of the United Kingdom and within the United Kingdom the gap between the richest and poorest regions is wider than in any the European Union country and that gap the centre concludes has widened and not narrowed during the age of austerity but simply it seems to me that by the end of the period the United Kingdom no longer looks like a European country the mechanisms of social solidarity which are the project of government action have been abandoned here to an extent unparalleled elsewhere with the gross disparities exposed in the figures I just set out and nor of course in our country is this dismal journey over..."

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Austerity, The Success Story.

        So austerity is working, it is doing what it was intended to do, reduce the UK to a sweatshop economy. The corporate boardrooms are rubbing its hands with greedy glee. According to a report just recently published by the TUC, between 2007 and 2015, in the UK, real wages fell by 10.4%. A massive bonus to directors and shareholders. hooray for austerity.
        This decline in real wages puts the UK at the bottom of the league of OECD (Organisation for Economic Co-operaration and Development) as far as I am aware there are 29 countries across the globe who are members of this organisation. The report also found that during the same period, real wages grew by varying amounts through the OECD, in Poland real wages increased by 23%, in Germany 14%, France 11%, and on average, across the whole of the OECD, real wages increased by 6.7%. 

       We here in the UK, thanks to “austerity”, have suffered the largest fall in real wages of any advanced country other than Greece. In fact in the OECD, Greece, Portugal and the UK were the only three countries where real wages fell. Yet to listen to the bullshit spewing from the mouths of government ministers, you would think that we lived in Utopia.
       Of course we would be naive if we thought that this trend was likely to change any day soon. It is all going in the right direction, the falling pound, combined with cheaper labour, means we can compete with the other sweatshops of the world, enhancing the profits of the corporate bodies. Across the boardrooms of the UK they are working hard at persuading the powers that be to keeping this wonderful austerity plan going. 

         We the British public paid dearly to help the bankers out of their greed fest, no doubt our lords and masters will be planning for us to help UK industry and services out of any Brexit problems that might arise. Oh when will we ever learn?

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