This is GDP per capita in PPP. Average is 25% per person higher in the US and 12% in Germany. What on earth has gone on since 2008 in the UK? In public political discourse there is no debate about the long-term relative economic decline of the UK's economy.
I think one reason is the size, extent and duration of the 2008 bail out package. In the short term many companies and jobs were saved, unlike in the US, but long term poor performance was not punished by the market through the process of creative destruction.
So now NHS staff are threatening to strike. The same staff warning of deadly waiting lists. Teachers threatening to strike. The same staff warning that children suffered through lockdown. Once upon a time, being a nurse/doctor/teacher was a vocation…
Oldham child sex exploitation report is extraordinary: “Offender A worked for Oldham Council between 1998 and 2006. He was employed as a welfare rights officer in the welfare rights unit of the council seconded to the Oldham Pakistani Community centre…”
I was humbled to be awarded an honorary degree by the London School of Economics earlier this week.
Thank you so much for this prestigious honour!
Receiving the degree from my former colleague and current @LSEnews Director Minouche Shafik made the moment even more special.
The names of the last 4 RMT General Secretaries: Jimmy KNAPP on the job, Bob CROW about their salaries, Mick CASH ain’t enough, Mick LYNCH the public by striking. It’s all a big joke by them at the expense of the British public.