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1 Mn More Brits Bite Poverty, as Govt Spends $12 Billion on Obsolete White Elephant

Posted by feww on July 3, 2014

Sent by a reader [edited by TM]

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Britain splashes $12 billion on HMS Queen Elizabeth, as one more million working Britons fall below breadline

At least a million more working Britons plunge into poverty  as housing costs continue soaring, while wages remain stagnant, according to a UK government report.

The number of working age adults living in “absolute poverty” soared by at least one million, from 7.7 million in 2010-11 to 8.7 million in 2012-13, says a report published by the Department for Work and Pensions.

Meanwhile, the number of children living below the breadline rose from 3.6 million to 4.1 million during the two-year period, said the Child Poverty Action group, citing the Department of Work and Pensions’ report.

“Today’s figures clearly show why living standards are falling. While wages have stagnated, and benefits and tax credits have been cut, prices have been rising—especially the cost of housing,” said Britain’s Trade Union Congress (TUC) secretary General.

“Since the last election a million more adults and half a million more children fell into absolute poverty when housing costs are taken into account. Without a major affordable home building program and action to secure fair wages, this type of poverty will continue to grow.”

QE Aircraft Carrier Class

HMS Queen Elizabeth is said to be a major milestone for the Royal Navy, and the defense of Britain, coming at a mere inflated price tag of £7bn ($12 billion).

The ship is scheduled to be commissioned in 2017 and will be followed by sister ship Prince of Wales, which by then would probably cost over $24 billion.

The new aircraft carrier comes more than 100 years after the concept was invented, and at a time when many experts argue that they are strategically obsolete for the UK.

But a few still idolize the white elephants.

“If we’re not secure at sea we risk starvation. Out of a population of more than 60 million we can probably feed 25 million ourselves,”  says a “war-is-peace” military historian.

However, the fact remains that you can’t have your aircraft carriers and enough money to feed everyone, too.  And there are about 9 million Britons mired in abject poverty as the “living” proof!

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2 Responses to “1 Mn More Brits Bite Poverty, as Govt Spends $12 Billion on Obsolete White Elephant”

  1. K M said

    Is anyone following the UK election? Can someone tell me what just happened?

    • feww said

      Some keywords that might help: “military-security-industrial”
      BTW, the political leaders were all in on the “bunco job,” and played their roles as well as could be expected.

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