C'mon, in spite of what many think of the way he posts, does hint, more than hint, at the, lets call it a fallacy, of the figures showing positive growth in the British Economy. In some sense, (some may call it non-sense
), the figures are irrelevant ... except to politicians and the avid readers of the Financial Times and the Wall Street Journal. What is important, and what is not happening, is that some of this wealth should, to use a Reaganomics term, "trickle down" to the bottom 99% (or maybe it's 95%
) But it ain't happnin' folks. And maybe it's time to listen to those our there who believe that the greatest threat to political and social stability in the world is not militant Islam, the US military, North Korea, drug cartels, or what ever else you care to think of, it is the unequal distribution of the World's wealth. The outrageously over-compensated are rubbing their hands in glee at the positive figures for the UK economy. The ones barely getting by are consoling themselves with "thank god, at least it isn't going to get any worse."
And I don't believe that New Labour is going address the fundamental problem of the economic inequities in British Society. But solved they must be. The under-compensated are not going to lie quiescent for ever.