The Guardian view on Britain's broken economy: That's your bloody GDP, not ours' | Editorial
Briefly

Official data indicates the UK economy in 2024, post-14 years of Conservative rule, grew unexpectedly but failed to benefit average citizens, with GDP per head falling. This stark reality is attributed to increasing wealth inequality, significant regional disparities, and a labor market unable to absorb rising immigration effectively. The hope for a transformative economic vision seems stifled by governmental adherence to neoliberal myths, focusing growth narratives that ignore the crucial role of public services. Amidst widespread discontent, there is demand for disruption in politics, yet the incumbent government remains hesitant to embrace change.
In 2024, the UK economy grew somewhat unexpectedly, yet GDP per head fell, revealing that economic prosperity did not benefit most citizens.
Runaway wealth inequality, regional disparities, and increasing immigration without sufficient job creation highlight the unhealthy state of the UK society post-Conservative rule.
The current political frustration among citizens, exacerbated by Brexit warnings, illustrates the growing demand for disruption from mainstream politicians.
Despite growth, the economic narrative promotes a distortion where government spending is mischaracterized as merely another economic input instead of recognizing its role as an engine of demand.
Read at www.theguardian.com
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