Inequality - or how the Conservatives keep on looking after the super rich and leave the rest of us to rot!!!

http://www.theguardian.com/society/2014/sep/15/how-super-rich-got-richer-10-shocking-facts-inequality 4. In the last 15 years, inequality has spiralled If the national minimum wage had kept pace with FTSE 100 CEO salaries since 1999, it would now be £18.89 per hour instead of £6.50. However, for some reason broadcasters rarely ask CEOs about the gulf between their pay and that of the poorest staff in their organisations. The unstated implication is that the lowest-paid staff are lucky to have any job at all, and only have what they have thanks to the benevolence of the 1%, with their superior leadership skills. If the top 1% actually created more jobs as they became wealthier, then ordinary people would be surrounded by employment opportunities in both the US and the UK. Instead, it is in Germany, where the wealthiest 1% receives in pay and bonuses half as much as their counterparts in the US, that unemployment is at a 20-year low. In countries that keep their top 1% in check, the highest earners work more effectively for the good of all, or at the very least create a little less misery. 6. Maintaining inequality requires penalising the poor The coalition government has already reduced the top rate of tax to 45%. Now it plans tougher benefit cuts for the poor. Under current financial plans, it will reward the top 1% even more in future, by cutting income taxes further. The rest of the top 20% can expect slight increases in their net income in the years up to 2016, while everyone else is impoverished. These figures are based on the Office for Budget Responsibility’s own projections. Meanwhile, the International Monetary Fund has produced statistics showing that George Osborne’s plans will cut the proportion of GDP going to the state to the lowest level in western Europe by 2015, and for the first time below that in the US.