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Old 09-08-2022, 10:12   #240
Damien
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Re: Rising cost of living

Quote:
Originally Posted by tweetiepooh View Post
I do get annoyed that so many people that want government to keep out of the way in the good years demand intervention in hard times. The good years are the time to save and put resource away for the bad times. (I do appreciate there are those unable to to this, we do need to take care of those who need it.) You can't have the public purse not collecting but open to spend. We are in a situation at the moment exiting from a period of high expense (COVID especially) so the purses are less full and now more pressure.

What good times though? In the last 10 years wages have hardly been doing well against inflation and economic growth has been slow. Remember even before this inflationary period, before COVID, there was the increasing use of food banks and increasing child poverty.

This isn't the good times coming to an end. It's the difficult times becoming much worse.

Quote:
I am sure though that there are many who are in the "haves" at the moment who are looking out for those in their communities who are in the "have nots". Maybe more should be reported about the local community helps and encouraging that than simply doom and gloom.
We had food banks but they can only do so much and now fewer people can donate. Look at the usage of the biggest UK food bank charity: https://www.trusselltrust.org/news-a...nd-year-stats/

Last year aside - probably depressed because of COVID - it's gone up each year. It reached 2.5 million in 2020. Again, that's before this cost of living crisis. Heaven knows what it's going to be like this year.

So all this stuff you're saying about saving for the bad times, communities helping each other out was already happening before COVID hit as people were already strugging. Now we have this. It's going to be very bad.
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