Spread nation’s assets wider
THE UK Tory and Brexit mentality, as fed to the nation by a right-wing national media, prevents most citizens reaching a balanced understanding of economics.
This is most obvious to sensible people, in the present discussion of a public sector pay cap, as part of a government austerity policy, which honest economists would recognise as salary cuts and deliberate impoverishment over nine years.
The silly discussion, such as it is, is limited to comparing different wages in the country.
And yet we know the “landlord class”, those who own most of the property in this economy, has been enriched by this economic policy, at the expense of wage-earners.
Even adults with no comprehension of politics, know property prices and rents have gone up, to the extent that millions will never own their own home, at the same time that wages now purchase less than they did.
There has been a huge transfer of wealth, from the poorer sections of society to the richer sections. I am astonished so many adults are so easily misled, because they were never taught that a healthy economy benefits immensely from a wider spread of national assets. Neville Westerman Brynna