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Tuesday 30 January 2018

261. Beware the Disconnect

The mainstream media has recently been awash with government statements that the UK economy is doing well – certainly better than expected. Also, Brexit is “not a disaster” (D. Cameron at Davos – well he’d have to start thinking that wouldn’t he – for the sake of his sanity) There are more folk employed than ever in the UK. Everything in fact is going swimmingly. At the same time we hear that working class youngsters are increasingly fearful of attending university because of sky rocketing debt. Deprived areas in the UK are seeing – for the first time – a decline in health and life expectancy. Life expectancy and health have been social positive v negative indicators since the Booth & Rowntree poverty reports of the late 19th and early 20th centuries.

In my twisted ‘wrong’ world of out here, I see the generation currently under 40 with their faces stuck in their phones (see last week’s blog) economically, socially, environmentally, blighted. And – thanks to the highly regarded BES (British Election Survey) we now know that Corbyn’s youthquake was NOT. Young people did not come out en masse to vote for their future in Theresa May’s disastrous snap general election. And who could blame them, suffocating as they are under the economic mismanagement and careless economics and social selfishness that has become entrenched.

Life crushing debt from the moment they leave the parental home is standard now.

Homelessness – overt and hidden is at epidemic levels in the UK.

Insecure, low paid, future-bleak jobs or worse – zero hours contracts (see blog 174. Zero hours is not a contract) have quickly become accepted norms.

Never being able to buy homes or even have a secure tenancy in a decent property – which was the golden post-war promise to Britain, is the new reality. And this, when our cinema screens are awash with sentimental WWI & WWII films.

And – no pensions.

As company after company slough off their pension responsibilities – whether it’s Sir Philip Green to buy yachts or Tata steel in Wales – because Cameron’s government vetoed French and German attempts to protect EU steel from Chinese over-production or most recently Carillion – the company that enjoyed government contracts long after it was in a mess and has now handed its pension deficit over to the government for the tax payer to pick up (while continuing to pay bonuses and shareholder dividends) or Barclays and any number of other companies – because – well everyone else is doing it.

Save me from my parallel universe and prove me wrong.

PLEASE

The truth of course is always more straightforward than it is presented. It’s not about complicated contradictions. It is the simple old equation that when a tiny minority get into a frenzy of too much wealth and too much power there is not enough left of resources, compassion, care and humanity for the vast majority. In other words everything goes to shit. It has happened before if your memory stretches back that far The Great Depression of the 1930s – if not so then just go back as far as 2008. The thing is we live in a speeded up world and the gaps between these crises will get shorter.

We must deconstruct what is meant by The Economy. When capitalism is as unfettered as it is right now The Economy is not anything to do with wellbeing or fairness or the majority of people doing well. That’s nonsense unless you are a delusional or self-serving quote Rex Tillerson who still buys into the idea of trickle-down economics i.e. if those at the top get richer there will be an economic benefit which will trickle down to us mere mortals. That has NEVER worked.

So it is simply this. There may be more money sloshing about and moving around. There may be more profits being made. There are definitely more profits being skimmed off. There may be more billionaires buying art (see blog 253. Souls for Sale) But the number of folk benefitting from all this sloshing around wealth is tiny. Miniscule. The disconnect and the apparent confusion exists in that huge, ever growing cavern between those who have accumulated more wealth than they could spend in 100 lifetimes and those who cannot get clean water or a secure job or a roof over their heads or medical care for their chilren.

I would – as I often do – point you to other posts on this blog where I’ve outlined this thread of thought but there are far too many to choose from…
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And thanks to The National – one of the newspapers – along with The Guardian, The Independent and The Glasgow Herald that provide me with therapy by regularly printing my letters (see blog 244. A Litter of Letters) thus helping me let off sardonic steam and stay sane. This week they printed a combination of x2 letters I wrote about that wanker Gavin Williamson – our Secretary of State for Defence…