Kompany Car
Well-Known Member
- Joined
- 19 Sep 2015
- Messages
- 4,411
The problem is that Mr and Mrs median, one car, two kids, with the median sized mortgage are actually only £5 to £10 per week better off. This is due to an increased cost of borrowing on mortgages with many coming off fixed rates and increases in energy costs along with wage stagnation.I was fairly optimistic today and now I don’t know.
I was listening to people on phone in shows etc and seeing comments on here and I was thinking you know what I think we can see a turn around.
For the following reasons
We might get electoral reform the left could unite.
Nobody else is popular
Nobody seems to know why they voted reform other than let’s hope.
The main issue is the cost of living which Labour have actually done well on. Free Breakfast clubs, two child cap, Energy Price cap coming down due to energy tax changes and now decoupling from gas I think is on the cards, rising minimum wage / living wage, job guarantee.
Farage is claiming they run good councils, mine seem to be filling in more potholes and they claim to have saved money across the board but Kent’s a basket case along with a few others.
It’s not been as bad as feared.
We might get closer to the EU
Farage being close to Trump cannot be helping him anymore.
The 5 million
However I not so sure after listening to people not really have a reason for voting for Farage I now think we get what we deserve and logic and policy is pointless
By the end of the parliament with the freeze on the annual allowance, lack of growth and the spike coming down the line on food prices, Mr and Mrs median are likely to be slightly worse off than they were at the start of the parliament.
Now the poorest 20% are better off to the tune of around £38 per week but once again energy and food price inflation have eroded that figure as most of their income is spent on those two items.
So whats the upshot well the poorest 20% might be able to switch their heating on a bit more and may just be able to keep feeding themselves at the current level. Whilst Mr and Mrs median with a mortgage might in the short term be able to afford an extra couple of McDonald's Happy meals each week for now but probably wont in 3 yrs time.
Would each group have been worse off without the change in government ? Yes they would, but will the lived experience align with the "Change" slogan that was plastered all over campaign buses, probably not.
