Daily Express this morning
They've found something to blame other than Brexit!
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WARNING: Average family in Britain facing £5,000-a-YEAR drop in living standards
THE average UK household is facing a £5,000-a-year overall hit to living standards by 2021/22 as a result of the slow recovery from the 2008 crash, with low-income families with children faring worst of all, a new report has warned.
The long-term impact of the 2008 economic crash and the "tepid" recovery means that median household incomes will be 18 per cent lower in 2021/22 in real terms than they would have been if pre-crash trends had continued, the Institute for Fiscal Studies (IFS) found.
The "historically weak" income growth is the equivalent of more than £5,000 for each family
And benefit cuts planned by the Government mean that the poorest 15 per cent of the population will have lower incomes in five years' time than they do now, reversing the recent move towards reduced inequality, said the IFS.
Absolute child poverty is predicted to rise from 27.5 per cent in 2014/15 to 30 per cent in 2021/22, "entirely" as a result of the direct impact of tax and benefit reforms planned for this Parliament, found the economic think tank.
This "Will of the People" comes with a heavy price, doesn't it?
Do you think the Public will be stupid enough for FALL for it?: