Fear and loathing in Great Britain

goldilocks-zone

In a speech to students at DePauw University in Indiana (December 2016), David Cameron apparently said that western leaders must take steps to help those who feel left behind by globalisation and address the “movement of unhappiness” about the state of the world. He called for a leaders to change course, ‘So you will see a greater emphasis on trying to help those who are left behind,’ through, ‘a higher minimum wage and tax cuts for low-income workers as measures aimed at helping address such concerns’.

Just as a reminder, the minimum wage is a wage below that which people actually need to live on. The minimum wage drives poverty, over half the people in poverty in the UK are working. No cut in income tax will change the lot of the dispossessed other than, perhaps, marginally slowing their descent into penury, poor health and a shorter life span.

No…

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