Replying to Avatar Emeritus Prof Christopher May

The impact of #inflation on #workers in one graph:

the gap between nominal wages & #inflation adjusted real wages is growing & confirms that for #workers real wages have stagnated....

The UK is an economy where real rewards flow upwards to the elite, whereas the rest of us are slowly but surely seeing our income & wealth stagnating or reduced.

No wonder workers are increasingly (rightly) convinced the economic system in the UK works against them & their families!

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James 🦉 #FBPE :europe: 2y ago

nostr:npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 Hmm what happened in 2016 I wonder 🤔

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Emeritus Prof Christopher May 2y ago

nostr:npub12c97zguvhzpj83vqywyrnvcs4jg3h4crjrffjhemu4fzh2kj7rrs40ya42

Yes, its difficult to say isn't it....

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