Gibs us all of yo monies peasants

Rising inequality in Britain risks putting the country on the same path as the US to become one of the most unequal nations on earth, according to a Nobel-prize winning economist.

Sir Angus Deaton is leading a landmark review of inequality in the UK amid fears that the country is at a tipping point due to a decade of stagnant pay growth for British workers. The Institute for Fiscal Studies thinktank, which is working with Deaton on the study, said the British-born economist would “point to the risk of the UK following the US” which has extreme inequality levels in pay, wealth and health.

Speaking to the Guardian at the launch of the study, he said: “There’s a real question about whether democratic capitalism is working, when it’s only working for part of the population.

“There are things where Britain is still doing a lot better [than the US]. What we have to do is to make sure the UK is inoculated from some of the horrors that have happened in the US.”

>>6494338

Sank you fren.

Phonefaggin has become the ninth circle of hell.

Umm thats like approximately 130 millions of peeples…. Just sayin

40 percent of U.S. families, including middle-class households, sometimes struggle to afford housing, utilities, food or health care, according to the Urban Institute.

Nearly 1 in 5 families said they had experienced difficulty paying for food or medical care.

About 60 percent of low-income people surveyed by the nonpartisan think tank said they couldn't pay their bills at times.

Four in 10 Americans sometimes face what economists call "material hardship," struggling to pay for basic needs such as food and housing, according to a new study from the Urban Institute. Even middle-class families routinely struggle financially and are occasionally unable to pay their bills.

>>6494416

>Patriots remember

>>6494429

>>6494439

Kek