Inflation is running higher than wages in the public sector. Prices are still going up, and working people are struggling to pay bills and keep families fed. Are you worse off after 13 years of Tories in charge?
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Inflation is running higher than wages.
That should come as no surprise. That’s the way it is supposed to be. In fact the Bank of England cheif economist told us all that some six or seven months ago when he said Britons would just have to accept that they will be getting poorer.
There’s a war to pay for, there’s the negative impact of Brexit, all wrapped up in a country that is saddled with trillions of public debt.
Of course there is inflation, and of course it is much greater than wage increases. That’s the government’s big macro policy and folks are just going to have to suck it up.