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US & UK are poor societies with some very rich people.

(386 Posts)
MaizieD Sat 17-Sept-22 09:48:09

John Burn-Murdoch in the Financial Times today on the effect wealth distribution has on living standards.

By comparison with other countries

Income inequality in US & UK is so wide that while the richest are very well off, the poorest have a worse standard of living than the poorest in countries like Slovenia

He develops this in a twitter thread which is well worth reading:

twitter.com/jburnmurdoch/status/1570832839318605824

and in his FT article.

www.ft.com/content/ef265420-45e8-497b-b308-c951baa68945

(The FT is usually paywalled. This article doesn't appear to be. But if you can't access it via this link you can through the link that Bur-Murdoch gives in his twitter thread)

I think this bears out a point that I was trying to make in another thread, that GDP indicates the over all wealth in a country, but not its distribution.

In his FT article, he poses the question:

Where would you rather live? A society where the rich are extraordinarily rich and the poor are very poor, or one where the rich are merely very well off but even those on the lowest incomes also enjoy a decent standard of living?

hmm

I'd ask the question: Which is more important to you; that the UK is an over all wealthy nation or that the wealth is better distributed within the UK population?

Norah Sat 17-Sept-22 11:06:41

GrannyGravy13

I am all for a safety net for those who are unable to work for whatever reason. I think that is what all societies should provide.

Just fed up with the continuous threads, berating the rich and blaming them for all the worlds ills.

Precisely.

Whitewavemark2 Sat 17-Sept-22 11:04:46

sta Fred!? = Staffed

Whitewavemark2 Sat 17-Sept-22 11:03:48

Maudi

Some 37,000 asylum seekers and Afghan refugees are living in UK hotels at a cost of £4.7m per day, revised Home Office figures show.

A Home Office official said yesterday the total hotel bill was £1.2m a day but the department has since clarified the actual overall daily cost is £4.7m.

It it understood the £1.2m is to accommodate Afghan refugees and another £3.5m a day is spent on asylum seekers.

A spokesman said the use of hotels was unacceptable and a short-term solution.(copied from BBC website)

Perhaps if we weren't spending astronomical amounts on housing asylum /illegals in 4 star hotels, providing health care/dentists, food, pocket money the list goes on there would be more money available, oh no forgot some posters welcome the dinghy boats, perhaps you can't have it both ways, there is only a certain amount of money to go round, perhaps its time to get our priorities right and look after our own people first. Please no posts saying they are not illegal blah blah blah.

Perhaps if we set up an efficient system to deal with their applications and offered them work in those industries that are so short sta Fred if they were suitable we would find the accommodation bills being reduced to zero.

Incompetent and ideological bound government.

Aveline Sat 17-Sept-22 11:03:06

How else can wealth be redistributed other that those who make most paying the taxes they owe at the correct rate and the right amount? Sorry. Am I being too obvious here?
The living wage should be exactly that and not rely on govt to top it up. Increase taxation. Why not?

JaneJudge Sat 17-Sept-22 11:02:46

MissAdventure

I think it was Errol Graham (in one of the links) that the dispatches programme featured.

The agencies involved with him had "followed policies", and it lead to his death.

Time to either supplement those policies, or make new ones.

Quite MissA. I must admit I haven't watched dispatches

Whitewavemark2 Sat 17-Sept-22 11:01:38

? U.K. under the Tories.

Stephen Flynn MP
Five days in broken Britain.

?Mon: UK trade deficit is worst on record

?Tue: Rich to get twice as much cost-of-living support as poor

?Wed: Food inflation at highest level in 14 years

?Thu: Plan to scrap cap on banker bonuses

?Fri: Pound falls to 37yr low against Dollar

Maudi Sat 17-Sept-22 11:01:09

Some 37,000 asylum seekers and Afghan refugees are living in UK hotels at a cost of £4.7m per day, revised Home Office figures show.

A Home Office official said yesterday the total hotel bill was £1.2m a day but the department has since clarified the actual overall daily cost is £4.7m.

It it understood the £1.2m is to accommodate Afghan refugees and another £3.5m a day is spent on asylum seekers.

A spokesman said the use of hotels was unacceptable and a short-term solution.(copied from BBC website)

Perhaps if we weren't spending astronomical amounts on housing asylum /illegals in 4 star hotels, providing health care/dentists, food, pocket money the list goes on there would be more money available, oh no forgot some posters welcome the dinghy boats, perhaps you can't have it both ways, there is only a certain amount of money to go round, perhaps its time to get our priorities right and look after our own people first. Please no posts saying they are not illegal blah blah blah.

volver Sat 17-Sept-22 11:00:54

Germanshepherdsmum

Frankly I CBA. Ok?

Yet here you are, posting repeatedly about it.

MissAdventure Sat 17-Sept-22 10:57:19

I think it was Errol Graham (in one of the links) that the dispatches programme featured.

The agencies involved with him had "followed policies", and it lead to his death.

Time to either supplement those policies, or make new ones.

paddyann54 Sat 17-Sept-22 10:53:23

There should be no need for charity in a modern progressive country .Many people believe accepting"charity" is something to be ashamed of,some think applying for benefits is equally so.
Surely in a wealthy country we can afford to ensure that EVERY citizen has a roof over them and enough money to LIVE not just exist or scrape by
When the government of millionaires voted to take the "temporary" uplift of a measly £20 off the poorest there should have been a massive outcry ,Not in England apparently ,these people were judged to be scroungers who shouldn't have "my" taxes spent on them
Thank any god you like that I live north of the border where our government tries to help not punish people who through no fault of ther own are in dire circumstances.There will be many joining that situation this winter who knows it might be one of you .

JaneJudge Sat 17-Sept-22 10:52:08

I'm disgusted that some of you think this acceptable

www.disabilitynewsservice.com/disabled-mans-body-found-six-months-after-dwp-cut-off-his-benefits/

or this

www.disabilitynewsservice.com/truss-must-act-now-to-prevent-disabled-people-facing-humanitarian-crisis-this-winter/

Norah Sat 17-Sept-22 10:51:53

Luckygirl3

*I would prefer people to give generously to charity and roll up sleeves to help the poor, as part of peoples everyday life.*

I can't believe I just read that.

The rich man in his castle, the poor man at his gate ........ what century are you living in?

Do you really want, for example, carers to be paid so poorly that they need to use food banks, and benefit from your generous donations?

Polish your halo all you want, but it is fundamentally wrong for people in the UK to be living in such poverty.

Now I know how the Tories get voted in if there are people around who think like this.

I worked with some of the most disadvantaged people in our society and they have to fight every inch of the way for the right to a decent life - I have proud to have been by their side helping them. That is my halo polishing moment.

I have no halo, just preferences.

"I worked with some of the most disadvantaged people in our society and they have to fight every inch of the way for the right to a decent life - I have proud to have been by their side helping them."

Indeed, we have as well. We've seen many helping along side us.

Caleo Sat 17-Sept-22 10:46:37

Miss Adventure:
"Adequate support for people who are slipping under the radar is necessary, somehow."

Lack of communication between agencies is caused by jobsworth attitude, plus intentional secretiveness.

Let's examine how the jobsworth attitude (computer says no) came to exist.

Let's support whistleblowers.

maddyone Sat 17-Sept-22 10:45:39

GrannyGravy13

How do you propose to redistribute the wealthy folks earned income?

Confiscate a percentage of their bank balance and hold a lottery for the poorest in society to see who gets a bit?

There are people in the UK who earn outrageous sums of money. I read about someone who earns six million pounds a year recently, and he gets a bonus too. Nobody can actually earn that amount of money, it’s obscene. At least he’ll pay at least half of it in tax.

Luckygirl3 Sat 17-Sept-22 10:45:07

I would prefer people to give generously to charity and roll up sleeves to help the poor, as part of peoples everyday life.

I can't believe I just read that.

The rich man in his castle, the poor man at his gate ........ what century are you living in?

Do you really want, for example, carers to be paid so poorly that they need to use food banks, and benefit from your generous donations?

Polish your halo all you want, but it is fundamentally wrong for people in the UK to be living in such poverty.

Now I know how the Tories get voted in if there are people around who think like this.

I worked with some of the most disadvantaged people in our society and they have to fight every inch of the way for the right to a decent life - I have proud to have been by their side helping them. That is my halo polishing moment.

MaizieD Sat 17-Sept-22 10:44:30

GrannyGravy13

How do you propose to redistribute the wealthy folks earned income?

Confiscate a percentage of their bank balance and hold a lottery for the poorest in society to see who gets a bit?

Perhaps instead of starting at the point where you're defending the right of the wealthy to hang onto every penny, you could look at how to improve the lot of the poorest in our very unequal society. By legislating for a living wage and decent welfare benefits, for a start. By regarding 'the poor' as human beings with the same basic needs as everyone else, not as parasites on 'the rich'.

yogitree Sat 17-Sept-22 10:44:16

It's more important to me that wealth be better distributed. The poor are at a big disadvantage in this capitalist society in my opinion.

GrannyGravy13 Sat 17-Sept-22 10:44:06

MissAdventure

Adequate support for people who are slipping under the radar is necessary, somehow.

I totally agee.

Caleo Sat 17-Sept-22 10:42:43

It's not fair to charitable people that they be relied on to pay for disabled people's needs. Needs should be addressed by society as a whole.

The Welfare State should be a reality.

JaneJudge Sat 17-Sept-22 10:42:42

That tells me all I need to know

Germanshepherdsmum Sat 17-Sept-22 10:41:39

Frankly I CBA. Ok?

Glorianny Sat 17-Sept-22 10:41:11

Nobody should have to rely on charity for the basic necessities of life. If people want to donate money to charity that's fine. But it should never be necessary to supply everyday necessities for anyone.
If by the redistribution of wealth you mean making sure the poorest and the most needy are properly cared for and supported then yes I'm all for it. I'd term it a proper caring society where the state provides services and money to enable everyone to have a decent standard of living.

JaneJudge Sat 17-Sept-22 10:40:44

tell me then

Germanshepherdsmum Sat 17-Sept-22 10:40:14

We do, Jane, not least because you frequently tell us.

MissAdventure Sat 17-Sept-22 10:39:32

Adequate support for people who are slipping under the radar is necessary, somehow.