tag:blogger.com,1999:blog-2249851329008146395.post4612041696184412412..comments2023-10-30T09:11:12.922-07:00Comments on Clouded Outlook: UK real incomes are fallingAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2249851329008146395.post-28711382285611286902008-11-17T08:17:00.002-08:002008-11-17T08:17:00.002-08:00So it is not just me. Everyone is getting poorer.So it is not just me. Everyone is getting poorer.Seemanoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-37570135477382915942008-11-17T08:17:00.001-08:002008-11-17T08:17:00.001-08:00I'd known that real incomes had been falling f...I'd known that real incomes had been falling for over a year, I didn't realise that this had been the case for three years. I live and learn.Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-46932916904997981042008-11-17T09:16:00.000-08:002008-11-17T09:16:00.000-08:00Certainly no surprise.Tax rises > more wealth s...Certainly no surprise.<br><br>Tax rises > more wealth sucked from the efficient to the inefficient<br><br>Spending rises > saving declines > less capital available to create productive goods > less productivity<br><br>Socialist education > skill-less moronic school leavers > crappy labour<br><br>Seeing as real wage increases are the result of applying progressively skilled labour to progressively specialised productive goods, then it's ABSOLUTELY OBVIOUS that the real gains from the private economy are going to be sucked away by the sixty year welfare state / corporatist death spiralNick von Miseshttp://www.blogger.com/profile/03985951853422897135noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-6964360755096272872008-11-17T09:28:00.000-08:002008-11-17T09:28:00.000-08:00I live in inner city London. The recession/depress...I live in inner city London. The recession/depression started in 2005 and hasn't got better. I noticed then everything came to a halt, and the number of drunks and beggers has just shot up this year. I hate to say it, but it has a lot to do with all the money they are blowing on the two wars. Killing muslims is expensive. Dang!Anonymousnoreply@blogger.com