Is this the most important chart in British politics?

February 14, 2013 11:04 am
Ed’s speech draws heavily on the thinking behind Simon Rosenberg’s “The Most Important Graph in American Politics” (as covered in detail by Patrick Wintour).
Using ONS, OECD and DWP data, Jeremy Cliffe has reproduced the chart for the UK economy. It shows that, as in America, the productivity gains and growth of the pre-crash boom years did not translate into a major boost for household incomes (particularly amongst middle earners).
BDBr9kKCUAAN-sv.jpg-large
  • MonkeyBot5000

    So you’re saying that the people who provide the capital are taking the gains in productivity and the people who provide the Labour get the crumbs that are left over?

    I’d be shocked if we hadn’t been living under this system since the end of Feudalism.

  • Daniel Speight

    If this is the most important chart, then it’s terrible indictment of Blair, Brown, ‘New’ Labour and Mandelson’s relaxation over the filthy rich. Anyone who took part in that pre-election conference standing ovation for Mandelson should be ashamed of themself.

  • Pingback: Labour’s new ‘blue collar’ politics | Shifting Grounds

Latest

  • Comment The Living Wage has to be more than a photo op

    The Living Wage has to be more than a photo op

    The referendum on Scottish independence casts its shadow over every aspect of Scottish public life these days. This is understandable, the debate on whether Scotland should remain in Union with partners in England, Northern Ireland and Wales is a huge one, but the way it pervades every matter at Holyrood is doing a disservice to the people of Scotland. Yesterday I led a debate on behalf on Scottish Labour in support of the living wage, and specifically on extending it […]

    Read more →
  • Comment Who made my clothes?

    Who made my clothes?

    By Stella Creasy MP and Alison McGovern MP It’s been a long four years in opposition, and each year we’ve seen the country decline further for the lack of a Labour Government. But whether speaking up about legal loan sharks, the misuse of zero hours contracts or promoting the economic case for the living wage, we both believe that there are campaigns worth fighting, even if, from opposition, progress is many times harder, and very much slower. That’s why we […]

    Read more →
  • Featured 5 things Labour’s new rapid-rebuttal team need to get right

    5 things Labour’s new rapid-rebuttal team need to get right

    Yesterday’s story of a new Labour media management team, seemingly in the mould of Alastair Campbell’s famously effective rapid-response unit, and headed by Michael Dugher, should be welcome news to us all. A well-run operation can make a huge difference, and in an election as close as 2015 looks set to be, that difference could be Miliband or Cameron in Number 10. But for it to be truly helpful, it needs to get some things right. 1. Be rapid This may sound […]

    Read more →
  • Comment Should politicians do God?

    Should politicians do God?

    Easter is traditionally a time when Christians reflect on their faith, and there is no reason why politicians shouldn’t do so too. But this year David Cameron forsook his usual Easter message for a much stronger and more personal foray into the religious arena. He urged Britain to be more confident of its status as a Christian country; he spoke of the strength of his own faith; he said that we should be “frankly more evangelical about the faith that […]

    Read more →
  • News Iraq Inquiry report possibly delayed until after election

    Iraq Inquiry report possibly delayed until after election

    We reported recently that the Chilcot Report is now not due to be published until 2015, causing worries among Labour strategists that it could harm the Party’s chances at the general election. However, according to the Mail today, its release date could now be held back until after polling day next year. The article states: “Whitehall sources suggest that with an election due in May 2015, it will be deemed too politically difficult to publish it until after voters have […]

    Read more →