Times 6th November
Officially the US economy is doing well and the Biden administration has carried through a range of measures to help the less well off.
The reality on the ground as the above statistic shows is different and it was a reality that the Trump campaign focused on. Of course has no intention of doing anything about it, bluster aside.
The issue for the Democrats was that they said they were helping working period yet for a sustained period real wages were falling and have only slightly recovered now.
The picture in the UK is not much different. While Starmer has raised the minimum wage and agreed some public sector pay rises the issue is whether people feel things are improving and alongside that they actually are. After all the purpose of political parties that aim to ‘reform’ market capitalism is to make things a little bit better.
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