A high skill, high wage economy? 09:11 - Feb 1 with 793 views | DJR | The headlines from an article in today's Guardian. "UK benefit changes have pushed people into dead-end, low-paid jobs, says IFS Tougher rules have boosted employment but jobs offer scant career progression and contribute little to tax revenue" https://www.theguardian.com/society/2023/feb/01/uk-benefit-changes-have-pushed-p Neoliberalism has a lot to answer for, and on benefits, there is scarcely a difference in the approach of the Tories and Labour. Interestingly, the Tories' recently announced strategy for growth focused on five industries, namely, digital, life sciences, green technology, financial services and advanced manufacturing. None of those industries offers much in the way of prospects for people who aren't university educated, apart from things like cleaning jobs in the premises they occupy. The strategy got a lukewarm reception from traditional manufacturers which do offer decent jobs for ordinary people. [Post edited 1 Feb 2023 9:13]
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A high skill, high wage economy? on 09:20 - Feb 1 with 739 views | Keno | Ha!! financial services - that has been f4cked so badly by the current regulations that I wouldnt anyone to get involved |  |
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A high skill, high wage economy? on 10:06 - Feb 1 with 630 views | DJR |
The article is spot on, but the Guardian is not free from blame when it comes to the old boys' club. If you look at the background of Guardian journalists, it is rare to find any that don't come from an Oxbridge background. And many also have a public school education. And three of the four most senior Labour politicians (Streeting, Lammy and Reeves) have an Oxbridge background. Perhaps this explains why acceptable political discourse in this country appears to range between Starmer, at one end, and Truss at the other end, and why someone like Corbyn, who threatened the Establishment status quo, received such a rough ride. [Post edited 1 Feb 2023 10:09]
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A high skill, high wage economy? on 11:04 - Feb 1 with 568 views | Darth_Koont |
A high skill, high wage economy? on 10:06 - Feb 1 by DJR | The article is spot on, but the Guardian is not free from blame when it comes to the old boys' club. If you look at the background of Guardian journalists, it is rare to find any that don't come from an Oxbridge background. And many also have a public school education. And three of the four most senior Labour politicians (Streeting, Lammy and Reeves) have an Oxbridge background. Perhaps this explains why acceptable political discourse in this country appears to range between Starmer, at one end, and Truss at the other end, and why someone like Corbyn, who threatened the Establishment status quo, received such a rough ride. [Post edited 1 Feb 2023 10:09]
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To be fair Westminster politicians don’t need to actually represent the masses. They only need to talk the language of right-wing tabloids (immigration, benefit-scroungers, traditional values, flag-shagging etc.) with a sprinkling of an offer for liberal middle-class pundits. Namely, no tax rises, protecting house values, pensions and providing the sort of careers they want for their kids. Anything that helps ordinary people and lifts society and the economy from the bottom has largely been off the agenda for decades. And any improvements/extra investment here is entirely dependent on growth. In stark contrast to how we’ve spunked over a trillion pounds when times have been toughest on keeping the wealthy happy and making many of them even richer ... |  |
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