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Old 26-08-2022, 22:36   #377
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
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jfman has a nice shiny star
Re: Rising cost of living

Quote:
Originally Posted by Mr K View Post
'Middle earners', which the Torygraph and Chancellor define as those earning a measly £45,000 , need urgent help.

Poor souls, let's hope they survive....

https://www.telegraph.co.uk/business...is-chancellor/
In fairness, I welcome his acknowledgment the free market has failed for even above average earners. You’ve got to remember, £45 000 of purchasing power today might only be worth £35 000 in 2024 at this rate. If your energy company is rinsing you for £6 000 and your mortgage is up £2 500 there will be a big queue for those high wage, his skilled jobs we have been promised. That’s 45k before you get taxed to pay off interest on 2 trillion of debt and into the pensioner Ponzi scheme.

Last edited by jfman; 26-08-2022 at 23:00.
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