While Jeremy Hunt was keen to portray an optimistic picture of his autumn statement, bragging about tax cuts and how he was ‘growing the economy’, even though the facts show otherwise, new analysis has revealed just how bad it’s got for households under the Tories.
Analysis by the Resolution Foundation has revealed that this Parliament is set to be the worst on record for household income growth. The think tank found that incomes are projected to fall by 3.1 per cent from December 2019 to January 2025.
It said in its report: “That makes this the only Parliament that has seen an overall decline in real household incomes (the next worse being that of 2015-17, which saw growth of 1.0 per cent).”
The below chart illustrates just how bad this Parliament is for household income growth. So much for the Tories being the party of sound finances.
How often do they yell “fake news” over there when it’s something they don’t want to accept?
Usually a so-called dead cat strategy or other distraction is employed instead.
Less extreme (at least in one sense) is complicit or embargoed media organisations deliberately not reporting on failures, perhaps only telling part of the truth, but why do that when you can haul out the old reliable: Celebrity News!
Everyone loves and wants to hear about celebrities! Even Z-list ones! Don’t look at politics! That pop star you’ve barely heard of who might not resemble or align with the ruling class in some way has been arrested for something or other and this is the top headline tonight!
Or look over there! That politician you don’t like is taking part in a celebrity game show where they might have to do something almost as unpleasant as they are! (This has happened at least twice.)