The answer is George Osborne, his parents, and everyone he knows. The same could be said about David Cameron, Nick Clegg, David Miliband and even Nigel Farage. And that is the reason why high earners with whopping savings are now presented as the norm in the UK – and the only people that matter to all of the main political parties.
The reality is that the average weekly wage is just over £500 a week, which doesn’t leave much room for an ISA if that’s all a family has to live on. Around 5 million people are paid below the living wage, and another five million or so live from hand to mouth on meagre benefits. Nearly six and a half million households…
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(not satire – it’s the Tories!)
Here’s an extract from George Orwell’s novel, Nineteen Eighty-Four (my highlights):
“Heavy physical work, the care of home and children, petty quarrels with neighbours, films, football, beer, and above all, gambling filled up the horizon of their minds. To keep them in control was not difficult. All that was required of them was a primitive patriotism which could be appealed to whenever it was necessary to make them accept longer working hours or shorter rations. And when they become discontented, as they sometimes did, their discontentment led nowhere, because being without general ideas, they could only focus it on petty specific grievances.”
Remind you of anything?
Don’t say we weren’t warned!
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