Here’s a startling fact
The richest 1,000 people in Britain have seen their wealth increase by £155bn since the crisis began – more than enough to pay off the whole government deficit of £119bn at a stroke. The Guardian.
Well I say fact but as far as economics goes, there is no such thing. All the paragraph contains is two estimates. The news media is all too keen to treat economic estimates as facts unless they are inconvenient, like these, which generally means they are only going to appear in The Guardian.
The only reference that is going to be made of these figures by the other heavy weight newspapers is if they feel the need to rubbish the calculations.
As for the tabloids, they rarely mention economics they have long worked out their readers are more concerned with celebrity gossip, reality TV shows, and other fatuous trash.
So, what do I make of it The Guardian’s claims? In the end, it comes down to morals. My morals believe that there is far more to life than material wealth, there is a responsibility to ones fellows, there is a right to a decent life regardless of the mistakes one has made.
Those moral are all too rare in today’s media or government.
This coalition government, with the collusion of the press, is busy turning the country into an Adam Smith Institute fantasy, where the market is unregulated, employees have no rights and there is no welfare state, the antithesis of my every belief.
I ask the question, are we really going to let them turn back the clock so far that we will have to fight for a “new” NHS when we realise what we have allowed? The answer to that question, brutally, seems to be yes. How quickly have people forgotten what life was like without access to affordable medical care.
If the populace does not wean itself off the catnip of puerile, passive entertainment and stop slumbering in front of their TVs then the future is bleak.
Just a look at youth employment surely makes sobering reading we are condemning many to a life of dull drudgery.
I would like to think this is a call to arms, but it is nothing more than shouting into the empty night, few are listening and even fewer care! Future generations will not forgive us.