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The Economist defined the wealth gap in 1971 when 7% of the country owned 84% of the nations wealth. This spawned John McGrath’s legendary 7:84 Theatre Company.
Today, David Cameron defended in Parliament, last week's budgetary measures claiming that the top ten percent of the population who own 90 percent or more of the nation's wealth are worse off as a result of George Osborne's budget.
Poor them, you might think, but why would David Cameron focus on the extremely comfortable filthy rich, the lucky 10%? It is because if you widen that top sample to 30% of our richest citizens, and even our top 60%, they are all net beneficiaries of last week’s budget.
The poorest 30%, are now poorer as a result of the Autumn Budget.
If we are all in this “together”, I am a chocolate fudge cake.
I have spent my entire life giving the benefit of doubt to the self satisfied. I do declare, I am no longer a Liberal Democrat.
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