The Oxbridge millionaire duo that sit on the thrones in The
Westminster Houses of Hypocrisy and Corruption, the Cameron-Osborne
parasites, are still crowing about how they fixed the economy, of how
we are all doing better, as unemployment is falling. Of course we all
know that the employment being created is part-time, low paid, low
skill, zero hours contacts, the thousands forced to call themselves,
“self-employed” and lets not forget, the thousands who now work
for no wage at all, the workfare slave force.
The true signs of this “growth” are in the figures. UK
family debts are rising much faster than incomes. According to a
recent survey, the Avia Family Finance Report, states that typical
family income rose by 4% between July and December 2014, while
average household debt has rocketed over the last six months from
£6,740 to an eye watering £16,260. The debt comes from many
sources, family credit card debt rose a staggering 71% from £1,720
to £2,940, personal loan debt went from £1,210 to £2,090, and
increase of 72%, while that ever increasing modern commodity, the
“pay-day loan” went from an average £350 to £1,290, a 269%
increase. Another sign of our growth, is the growth of the
overdraft, which over the last six months going from an average of
£340 to strangling £1,490, a whopping 338% increase.
The report goes on to show that while average debt is climbing,
the amount we pay to clear that debt is falling. The amount spent
since July 2013, on servicing our debt, excluding mortgages, has
dropped from £262 to $208 a month. Some of the reasons for the
ncreasing debt and the falling paying off of that debt, is simply
harder times. Families are paying on average, £571 a month on
rent/mortgages and council tax, compared to £514 six months ago.
Public transport costs have also seen an increase from £102 to £188
a month, with driving going from £116 to £130.
In the real world of the you and I, outside the Cameron/Osborne
illusionary world, the predictions are that things will get tougher
in 2015.
A recent Money Advice Service survey found approximately half
(47%) are buying cheaper alternatives to their usual everyday
products, while 41% are planning to spend less on socialising. A
little more than 25% will spend less on presents next year, it also
states that 25% will take a packed lunch to work to help cut
day-to-day spending.
This then is the recovery, this is the growth of the millionaire
cabal, and they will continue to carry out the dictates of the
financial Mafia and punish the poor and drive more people into
poverty as the pursue the ideology of the corporate world. Sweatshop
Europe, here we caome.
