The Centre for Policy Studies has today released a short ‘Perspective paper’ by Charlie Elphicke: Are you better off than you were four years ago? PDF here.
The paper notes that the "real growth in average incomes has stagnated over the last four years (averaging just 0.5% a year), particularly when compared with income growth in the first period of Labour government (when income growth averaged 4.7% a year in real terms)."
The CPS concludes:
"Are you better off now than you were four years ago?" was the "killer question" asked by Ronald Reagan in the 1980 presidential debate. Asked today, the answer of the average UK household would be a resounding: "NO!"
I’m wondering if this theme could be a potent campaign ad for 18DoughtyStreet.com? Stagnating disposable incomes + rising utility bills + rising cost of buying a home… It certainly fits in with the Year of the Striver theme.
Related links: Charles Elphicke on YourPlatform.