Tags » Living Standards

Comment on the difficulties of comparing living standards between countries

Economists usually use real income per capita, e.g.,real GDP per capita to compare living standards on different countries. Thus the nationals of a country with a higher real GDP per head are likely to enjoy higher living standards than people living in a country with a lower real GDP per head. 1,102 more words


Tackling low pay and in-work poverty- Labour's plans for £8 per hour National Minimum Wage

Labour has announced plans to raise the National Minimum Wage to £8 an hour by the end of the next Parliament.
This will ensure that those doing a hard day’s work are rewarded for doing so. 582 more words

Labour Party

Party Conference 2014 - Labour’s Plan for Britain’s Future begins to take shape

This week the Labour Party gathers for its annual conference in Manchester – the last Conference before the May 2015 election.
The Conference certainly won’t see the launch of Labour’s manifesto. 711 more words

Tory/LibDem Policies

The working class hood-winked: Immigrants

It seems that when you follow the rabbit tunnel of blame all the way down to the bottom you always end up facing the fat-man in a nice suit with a top hat that is the icon of the capitalist system. 515 more words


tories: out of touch and don't give a fuck

In March this year, a Mirror report highlighted how far out of touch the wealthy Tories are.

During a House of Lords debate, Tory Welfare Minister Lord Freud was quizzed about welfare cuts “driving more families to food banks”. 151 more words

Tory Scum

The Imperative of Tax Reform in a Distracted World

Taxes. Nobody likes them, nobody wants them, and they’re only considered good when they’re going one direction: down. But they are fundamentally necessary for any society to function. 1,332 more words

Economic Growth