Home > Banking & Finance, Equality, Ethics, Health, National Politics, Poverty, Principles > Government should be ensuring that people can afford to live on a basic income, not make cheap headlines from a non enforceable wage

Government should be ensuring that people can afford to live on a basic income, not make cheap headlines from a non enforceable wage

Our MPs are so busy getting drunk on their own power and glory, they really have lost sense of reality with the policies that they continue to propose.

The problem is that without looking at the detail more deeply – as the people we have trusted to run this Country really should – the soundbites that they keep pumping out in isolation sound all so very good.

In quick succession, we have had the Liberal Democrats. the Labour Party and now the Conservatives throwing out policies from their Conference platforms that have been designed as nothing more than cheap tricks to buy voters off.

Promising the earth and then failing to deliver has very little cost for the unscrupulous politicians involved.

But policies like simply cancelling Brexit, reducing the working week for everyone to 32 hours and raising the ideal hourly rate for the Living Wage has a real impact that will not deliver the beneficial experience that these politicians are suggesting they can control.

Pretending that Brexit and the vote that led to it can simply be cancelled as if it never happened would be beyond stupid and would have very serious consequences for everyone – no matter what fairytales those obsessed with Remaining in the EU would like us to be told.

But what we earn and how we earn it not only has an everyday effect on how we live our lives, it is also all about what we can afford.

Politicians on all sides are completely out of touch with what it actually costs us to live. The reality is that even on a 40-hour-week paid at £10.50 per hour in 5 years time, thats only £420 per week or £21,840 per annum. It’s not enough today for a single adult without children to be self sufficient, let alone tread water or basically survive.

The cost of living in this Country is stupidly out of control.

The way that we measure the health and success of our economy should not be wage rates and rises, GDP or statistics in any other form. But whether the poorest amongst us can look after and completely fend for themselves on the basic minimum wage without going into debt, claiming benefits or having to look to charities to someway get involved.

The way that a more enlightened government or MPs who actually know and have respect for what they are doing would achieve this is to actually use the power and responsibility that they have been given to make changes the the framework that business and finance operates within. Not to tinker on the edges by applying sticking plasters that will have already lost their ability to heal anything by the time that they come into use.

Too many businesses, financiers and property owners are taking too much value out of every product and every service that is provided in this Country, without putting like-for-like benefits back in.

The system is complex and complicated and few of us really understands how finance, markets and supply chains work. But the benefit is all going one way right now and continuing to take the most from the people who can least afford it. All so the people at the top of the chain can keep adding to a cash pile they have no genuine need to use, whilst looking at the ease with which they can work the system and concluding that they can take even more.

Politicians should not only know, but be acting proactively to address this. Not to eliminate the financiers, business people and economists like Labour might like to do so. But to introduce a considered set of ethics and regulation in every aspect of business in this Country, so that end users are only ever paying whats fair for the basic products and services that are essential to live and survive. But above all, is no more than what they can actually afford.

Until we have politicians prepared to take the steps necessary to address the real cause of the cost of living problem, the way that economics work means that the people who are now having to go into debt, look to the government or charities just to get by and stay alive will continue to see life as something that they simply cannot afford.

 

 

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