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Only one in 50 says economic recovery is making things better as living standards crisis continues

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Only one in 50 says economic recovery is making things better as living standards crisis continues  Empty Only one in 50 says economic recovery is making things better as living standards crisis continues

Post by Guest Tue Dec 31, 2013 1:38 pm

Only one in 50 says economic recovery is making things better as living standards crisis continues  185804877-2807175

George Osborne: Some services have been 'savagely hit' by the Chancellor's austerity cuts
Getty Images
Britain's skewed economic recovery has left hardly any ordinary workers better off.

In a new blow to the Tory-led Coalition, a YouGov poll shows most expect the living standards crisis to continue – with just one in 50 saying things are getting better.

Just one in eight expect their pay to keep up with living costs and only one in five reckon their living standards will actually rise in 2014.

More than half want services savagely hit by Chancellor Osborne’s “austerity” cuts restored as the economy grows.

Just 29% quizzed in the survey for the TUC wanted cutbacks retained as the economy grew.

In another key finding, the poll showed 58% of the 1,666 quizzed “expect gains of a recovery to go mainly to the types of people and parts of the country already doing well”.

The TUC blames the lack of a “feel-good factor” on the Government’s failure to deliver a growth strategy based on rebalancing the economy.

It warns too many of the new jobs being created combine the “three lows” - low skill, low productivity and low pay.


Only one in 50 says economic recovery is making things better as living standards crisis continues  Frances-OGrady-2661200

Poll: Frances O'Grady says the findings are bad news for the Government
PA
Frances O’Grady, TUC general secretary, said that the big political question in 2014 will be “whose growth?” and it reflects the big divide about the Britain of the future.

She explained: “Our poll is bad news for the Government . Voters do not expect it to spread the benefits of recovery fairly. Above all they do not share the Chancellor’s ambition to permanently shrink the state.

“By more than two to one they want services restored when the economy grows. Voters accepted austerity but now they are realising that what they thought were unpleasant side-effects, the Chancellor sees as a cure.

“Recovery seems to mean food banks, zero hours and pay cuts for the many; tax cuts and pay growth for the few at the top.”

She says we could go back to pre-crash times of housing bubbles, overmighty banks and inequality or enjoy a future of “high-skill, high-pay, high-productivity” that “shares prosperity.”



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 No  No end to the misery in sight, best to batten down the hatches until 2015 when we will get a Labour government to sort the awful mess out..Or pray for a revolution of course!

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