What's interesting about Starmer's pledge to shift to a metric of household disposable income as a indicator of successful economic policies, is the reaction that he must be shifting from an aspiration to have the highest growth in the G7 (measure by GDP).
Its a tacit admission that actually growth in GDP doesn't feed through to normal folk because if it did household income would be a perfectly acceptable alternate measure.
They know wealth trickles up not down!
#economics #politics
h/t FT
@ChrisMayLA6@zirk.us has moved
npub12p…zzvxn
2024-12-02 22:19:31 UTC
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npub12pw99cs5a6j6r56yafxt355j8h38hhw6fh3zwunhj99m3gv3nfds7zzvxnPublished at
2024-12-02 22:19:31 UTCEvent JSON
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