shoes or whatever it is. does he have a point, thomas? this shoes or whatever it is. does he have a point, thomas?- have a point, thomas? this is a roblem have a point, thomas? this is a problem which _ have a point, thomas? this is a problem which is _ have a point, thomas? this is a problem which is that _ have a point, thomas? this is a problem which is that it - have a point, thomas? this is a problem which is that it is - problem which is that it is a collective issue this. wages need to go collective issue this. wages need to 9° up collective issue this. wages need to go up at the individual level in order to compensate for the loss of earnings, of real earnings that we have got. the disposable income is felt very personally, isn't it? but he is talking here about the collective issue which is who is going to share the burden in getting inflation down? and this is the issue, the issue between collectives here as a nation, how we are going to deal with it, and then individually. the way in which he has expressed this sentiment hasn't gone down well. and i think it was specifically these words need to accept. this is a red rag to the ball. but you can see that underlying all of this, he has got a point, which is as long as inflation
had it so good, right now a lot of you will never have had it so bad. what do you think? 08085 909 693, text us on 85058. thomas, fund manager, you're missing the valves out. it manager, you're missing the valves out. , �* , manager, you're missing the valves out. , ~ , , ., ., out. it is aberdeen, yeah, without the vowels- _ out. it is aberdeen, yeah, without the vowels. irritable _ out. it is aberdeen, yeah, without the vowels. irritable bowel... - the vowels. irritable bowel... director of — the vowels. irritable bowel... director of tax _ the vowels. irritable bowel... director of tax research. - the vowels. irritable bowel... director of tax research. are | the vowels. irritable bowel... i director of tax research. are you all right, richard? are you there, richard? can we speak to, richard? you have got me, sorry. i have been sitting waiting for the programme to start, nikki. that is my apology. lee in caterham.—
lee in caterham. hello, lee. morning- _ lee in caterham. hello, lee. morning. what _ lee in caterham. hello, lee. morning. what you _ lee in caterham. hello, lee. morning. what you think - lee in caterham. hello, lee. morning. what you think of l lee in caterham. hello, lee. - morning. what you think of this? the chief economist _ morning. what you think of this? the chief economist of _ morning. what you think of this? the chief economist of the _ morning. what you think of this? the chief economist of the bank - morning. what you think of this? the chief economist of the bank of - chief economist of the bank of england, we need to accept the fact that we are just poorer morning, thomas, i know you from the past but thatis thomas, i know you from the past but that is a coincidence. what thank you for calling us. you that is a coincidence. what thank you for calling us.— you for calling us. you are reuniting _ you for calling us. you are reuniting all— you for calling us. you are reuniting all these - you for calling us. you are reuniting all these people | you for calling us. you are - reuniting all these people without you knowing it! | reuniting all these people without you knowing it!— reuniting all these people without you knowing it! i am close to tears! seriousl , you knowing it! i am close to tears! seriously. does _ you knowing it! i am close to tears! seriously, does he _ you knowing it! i am close to tears! seriously, does he have _ you knowing it! i am close to tears! seriously, does he have a - you knowing it! i am close to tears! seriously, does he have a point? it| seriously, does he have a point? it is clear that this particular comment that has been picked up looks_ comment that has been picked up looks like — comment that has been picked up looks like quite an insensitive comment_ looks like quite an insensitive comment shall we say. but dealing with the _ comment shall we say. but dealing with the fundamentals, my point is that actually the message that we are poorer as a country than perhaps we used _ are poorer as a country than perhaps we used to— are poorer as a country than perhaps we used to be all like to think we are i_ we used to be all like to think we are i think— we used to be all like to think we
this, cut that. basically the likes of andrew bailey and also mr i this, cut that. basically the likes| of andrew bailey and also mr pill are living in a world totally detached from reality? arthur, you express not very well. christine in weymouth, martin and gainsborough. martin, we are getting so many techs at the moment as well. people who are watching this and listening to us. could you put a name and the town of your text as well because we are getting a lot of anonymous at the moment. it is nice to know who you are and where you are calling from. please do put that on your text. with you in a minute, martin and thomas. martin, when you comment thatis and thomas. martin, when you comment that is what you think? i and thomas. martin, when you comment that is what you think?— that is what you think? i think it is a bit of _ that is what you think? i think it is a bit of her _ that is what you think? i think it is a bit of her cheek. _ that is what you think? i think it is a bit of her cheek. hello, - that is what you think? i think it i is a bit of her cheek. hello, nicky. i think it is a bit of a cheek for an overpaid top person in the bank of england telling people to accept being poorer. people at the lower end is using all the incomejust to live, to get by on food and fuel and get to work. there is no disposable income left. people like that man in the bank of england is probably on