Hot on the heels of yesterday's post, the Social Mobility and Child Poverty Commission, chaired by Alan Milburn, have released their first annual report. BBC coverage of the report is here. The findings are stark. First, real incomes have been flat-lining for a long time, meanwhile prices have been going up. Second, for the first time in over a century, the current generation of children are going to be worse off than their parents. Third, social mobility (i.e., the ability of people to better their lives and those of their offspring) is dying. For me, the big question is do politicians really care about this issue? If so, what can they do about it?
