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

  • Featured Scotland Even the hecklers get soaked in this old style political tour

    Even the hecklers get soaked in this old style political tour

    In the first of a new weekly Scottish Referendum column for LabourList, Labour’s Shadow International Development Secretary Jim Murphy, writes from the Western Isles and seaside towns leg of his #100Streets tour. When I started my #100Streets in 100 days speaking tour a couple of weeks ago I thought the biggest threat would be Scotland’s summer. Despite the weather you’ve seen on television at Glasgow’s brilliant Commonwealth games it has taken until yesterday for me to get properly drenched by […]

    Read more →
  • Comment 5 books by women for the politically minded this summer

    5 books by women for the politically minded this summer

    Amidst the increasingly serious world events this week, two small ripples in the force caught my attention: firstly, the (Baileys) Women’s Prize for Fiction announced the top 20 novels written by women cited as part of its #thisbook campaign. They asked people to say which book (written by a woman) had most affected them. It turned out Harper Lee’s ‘To Kill a Mockingbird’ was the winner.  Though given the gold-standard calibre of the top-20, it was the taking part, not the […]

    Read more →
  • News Is Osborne using public money to fund an election tour?

    Is Osborne using public money to fund an election tour?

    George Osborne is facing serious questions about the use of taxpayers’ money used to fund an “infrastructure tour”, where he tours marginal constituencies and announces funding for infrastructure projects. The Times (£) report that the Chancellor has made 17 visits on the tour in the past month alone. Last week, he was in Southampton, where the Tories are 192 votes behind Labour, and the current MP John Denham is standing down. He’s also recently visited Stockton South, where the Tory […]

    Read more →
  • Featured Survey results: Has Miliband’s speech made his “image problem” more of an issue?

    Survey results: Has Miliband’s speech made his “image problem” more of an issue?

    Ed Miliband’s image is now less of an issue as a direct result of his speech last week, according to LabourList readers. Miliband gave a speech last Friday, in which he directly addressed concerns that he was not as photogenic as David Cameron. Launching “The Choice”, Labour’s summer campaign slogan, he set out the difference between himself and the Tory leader: “If you want the politician from central casting, it’s just not me, it’s the other guy. And if you […]

    Read more →
  • Comment Featured The Unrepresentative House – Parliament is badly failing to reflect the UK’s ethnic diversity

    The Unrepresentative House – Parliament is badly failing to reflect the UK’s ethnic diversity

    I recently asked Insight Public Affairs to work with me to compile some data about political parties, their MPs and the racial make-up of the constituencies they represent. The research has just been published by the Guardian and I can only assume, and hope, that the main political parties are as worried about it as I am. It does make for breath-taking reading. You can read it here. There are 650 MPs that represent us. All but 27 of them […]

    Read more →