Saturday, May 13, 2006
Labour has helped reduce inequality
But this is not to say there is not a severe problem. The richest 20% of British families earned 16 times that of the poorest 20%, a relationship which narows to four times after taxes and benefits are taken into account. Inequality is only just back to the level inherited by Blair when he came to power in 1996-7. Steady economic growth worldwide has provided the dynamic for large accretions of wealth by the already wealthy; as capitalism has inherent tendencies to produce inequality Labour have done pretty well in inhibiting such forces. But we don't need the INS statistics; our eyes(at least up here in the north) provide daily proof that far too many families and children suffer the miserable depredations of poverty.
do you teach Blitz til Blair? (any exam tips? ;o) )
btw the link isn't working
PS I don't know what the alternative is either- any ideas?
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