I thought the 80’s were wonderful.
Ah, those glorious eighties!! A period between 1979 and 1994, when it was claimed that average earnings rose by 40%, of course this gives a very distorted figure. If we look at the richest 10% of the population the growth in income was approximately 68%. On the other hand if we look at the poorest 10% their incomes grow by a mere 10% before housing costs and actually fell by 8% after housing costs. What a wonderful time to be among the richest 10%.
Under capitalist labour/conservative governments this country has always had more than its fair share of poverty. The last thirty years the poverty has been considerable and what this means to the lives of all those affected by this poverty is immeasurable. It leads of course to poor maternal nutrition, risking unhealthy babies, we have the young unable to afford a healthy diet, with housing and jobs out of their reach, pensioners dying of hypothermia. Then there is the poverty related ill health pushing the national health service to breaking point. Let’s not forget poverty related crime and the effects it has on peoples’ lives.
All this adds up to billions more than it would cost to implement a decent living wage for all, but this is capitalism and it is not the welfare of the people that matters, it’s profit. So wages must be kept to a minimum to keep the shareholders happy. Tinkering with minimum wages and such will not get rid of the deprivation, it is the system that is rotten and doesn’t work for the benefit of all our people. It is a winner take all and to hell with the hindmost system that benefits the small band of parasites at the top. Keep the system, keep the poverty.