Thread (1/5)

Both the US and the UK have a problem with mass impoverishment...
(2/5)

The middle-class is hollowed-out...
99-percent.org/poverty-in-a-w…
(3/5)

The middle is levelled down towards poverty and their wealth trickles up to the already wealthy....
99-percent.org/trickling-up-a…
(4/5)

This means that over time the 'deal' available to each generation gets worse...
99-percent.org/fixing-the-dea…
(5/5) So it is time to act to ensure that we still have a civilised social contract.
99-percent.org/five-actions-t…

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More from @MrMarkEThomas

27 Feb
Thread. (1/5)
@FT quotes Rishi Sunak saying that there are "enormous strains" on the public finances:

“There are people who think you can ignore the problem. And, worse, there are people who think there isn’t a problem at all. I don't think that.”
ft.com/content/ad974b…
(2/5)
This is yet another example of debt hysteria...

99-percent.org/debt-hysteria/
(3/5) ...being used to justify another round of austerity, which will be even more damaging than the first round...
99-percent.org/austerity-why-…
Read 5 tweets

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