Why the ‘squeezed middle’ is here to stay

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Shared Growth

Sitting in their living room in Mansfield, Karen and Darren put on a brave face about the future. They are phlegmatic about their situation – they know they are doing better than many others. Both work full time, Karen for a children‘s centre and Darren for a software company, each earning a bit less than the … Continued

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Obama’s trillion dollar question

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Fiscal Choices

It was only a month ago that America narrowly escaped a Federal government shutdown, caused by the intense difficulties of reaching a consensus on the 2011 budget. But if that skirmish seemed significant, it is nothing compared to the battle that is erupting between Democrats and Republicans over Obama’s 2012 budget proposals, and his accompanying plans … Continued

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Making pay work: can the living wage provide a comprehensive route to improving living standards?

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Wages & Income

Earlier this month, the living wage campaign celebrated its ten year anniversary with a gathering of two and half thousand supporters in central London. It is an important time for the movement, as it seeks to significantly extend the scope of the living wage by targeting major low-wage employers. Achieving this ambition is likely to raise new … Continued

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Think the cuts are biting? The pain has hardly begun

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Fiscal Choices

Buoyed by a run of bank holidays and balmy weather, optimistic families may think that, having absorbed the changes announced in April’s Budget, the worst is behind them. Sadly, that is a false hope. Plenty more pain is in the pipeline. To see why, just look at what is coming in terms of cuts, wages, … Continued

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Flat, and falling, Prospect

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Shared Growth

How much did your parents earn when they were your age? Unless you buck the trend, the answer is less than you earn. But now, for the first time in decades, it’s not clear if the same will apply to your children. From the US to Germany, living standards for typical households had stopped rising … Continued

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