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Bleak? at the moment, yes. the incomes of people in the middle haven t risen for ten years and in our most recent elections we had the rise of a party called the uk independent party who came top of the poll in the european elections and anti-europe and anti-trade and reactiona reactionary. i think we have to show people we will not get on that road and but if you simply stand back and go for the free market approach that is not working either. what are the policies which allow us to stay ahead of the game? the self-esteem of the brits today, is it at a low? i think it s recovering after the financial global crisis but what people say all the time, well, look. finally the economy may be growing but things aren t improving for me or for our family or or community, why can t we share in this and why are we left out? sf y if you leave people feeling ....
Matter and why? it s not so much the level of inequality, but much of the income growth over the past few years has gone to the very top sliver of people and people in the vast middle haven t done very well whatsoever. that s the problem, as far as i can see. and so the consequence of that is what? why should we care broadly? what about the argument that even though inequality is up, people s consumption standards are actually going up as well. let me show, we have an interesting graph or quote from the economist. the economist said, this was not too long ago, you no longer need to be a inadvertevanderbila refrigerator tor or a car. refrigerators are all but universal in america, even though refrigerator inequality continues to grow. i don t think it s much of an ....