Sam Gad Jones: The Financial Times has backed the only economically sane option in the UK's imminent general election: A vote for Labour. These 4 graphs say it all. The historically inescapable fact is that 14 years of Tory govt, driven mad by Brexit, have been a disaster for UK prosperity. on.ft.com/4eHFChN

The Financial Times has backed the only economically sane option in the UK's imminent general election: A vote for Labour. These 4 graphs say it all. The historically inescapable fact is that 14 years of Tory govt, driven mad by Brexit, have been a disaster for UK prosperity. on.ft.com/4eHFChN

FT endorsing Labour 👏

The FT has a grip on reality.

"the only economically sane option" I'm unconvinced. They seem invested in the same backward 20C economic theories as the Tories. If anything more so.

Have you read the securanomics paper? I have no idea what they're actually gonna do & not super convinced by their plans. But they're clearly breaking from neoliberalism.

I'm unconvinced, to put it mildly. Reeves came across as well meaning, but naive. The talk of PFI etc contradicts her. Meanwhile the fabric of the country is rotting - including people. It's not good enough. We are a rich country.

That "labour productivity" change is crazy, and I really hope there are a load of excellent theses being written about it.

Yeah, I'm no economist by any means but that seems . . . impossible?

More of a problem IMO is labour productivity rising — albeit slowly — while earnings are static.

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