On housing, while Ed has got it wrong, Boris has the answer

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Housing

In his speech on social responsibility today, Ed Miliband argued that low income working people and those doing voluntary work should be given priority for council housing.While this might help position his leadership, it is misguided as a piece of housing policy. Shifting ordinary working families into social housing to replace more vulnerable groups does not fix a housing … Continued

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HELP for America’s struggling middle class?

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Shared Growth

Last month, Tom Harkin, one of the Democrat giants of the Senate and Chair of the Health, Education, Labor and Pensions (HELP) Committee, convened the first of several meetings to examine why the American Dream appears to be ever harder to reach, even for those who – in Clinton’s words – ‘work hard and play by the … Continued

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The growing need for a policy response to the ‘new inflation’

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Shared Growth

There’s been much debate on these pages about the political implications of higher inflation. Ironically, this morning’s news of record food prices could relieve the pressure on the Bank of England Governor. His argument for caution when it comes to a rate rise is based on the claim that UK inflation is now being driven by events … Continued

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Why GDP growth does not mean recovery for everyone

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Shared Growth

It’s fairly widely assumed that the outcome of the next election will pivot on the strength — or otherwise — of Britain’s economic recovery. But what kind of recovery are we seeking? The perceived wisdom suggests that the key figure to look out for is strong and sustained GDP growth. Other stats — like those … Continued

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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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