A preschool age child playing with plastic building blocks, January 24, 2016
CHILD poverty hit a record high as only the top earners were better off last year, official figures revealed today.
Campaigners said youngsters were being forgotten as the statistics showed food insecurity soared by 53 per cent, 100,000 more working households fell below the poverty line and more pensioners were unable to afford basic goods such as food and heating.
The Department for Work and Pensions estimated 4.33 million children in households in relative low income – below 60 per cent of median income after housing costs — in the year to March 2023.
This is up from 4.22 million the previous year and the highest since comparable records for Britain began in 2002/03.
Medical equipment on a NHS hospital ward at Ealing Hospital in London, January 18, 2023
THE NHS needs a cash injection of around £8.5 billion a year over the next four years to improve the service, experts have said.
The figure is more than three times the £2.5bn promised in the Spring Budget.
A BMJ Commission on the Future of the NHS report said that amount, even alongside a £3.4bn investment over three years to improve productivity through digital transformation “certainly will not make up the significant shortfall that the NHS now faces.”
Nuffield Trust senior associate John Appleby and two colleagues warned annual spending on the NHS rose by just 1.2 per cent between 2010-20, compared to 6.2 per cent from 2000-10.
From obscuring the West’s role in starving Gaza to sensationalised accounts of mass rape by Hamas, journalists are playing the role of propagandists, not reporters.
Israel has reduced Gaza to ruins. (Photo: UNRWA)
The past five months have been clarifying. What was supposed to be hidden has been thrust into the light. What was supposed to be obscured has come sharply into focus.
Liberal democracy is not what it seems.
It has always defined itself in contrast to what it says it is not. Where other regimes are savage, it is humanitarian. Where others are authoritarian, it is open and tolerant. Where others are criminal, it is law-abiding. When others are belligerent, it seeks peace. Or so the manuals of liberal democracy argue.
But how to keep the faith when the world’s leading liberal democracies – invariably referred to as “the West” – are complicit in the crime of crimes: genocide?
Not just law-breaking or a misdemeanour, but the extermination of a people. And not just quickly, before the mind has time to absorb and weigh the gravity and extent of the crime, but in slow motion, day after day, week after week, month after month.
What kind of system of values can allow for five months the crushing of children under rubble, the detonation of fragile bodies, the wasting away of babies, while still claiming to be humanitarian, tolerant, peace-seeking?
And not just allow all this, but actively assist in it. Supply the bombs that blow those children to pieces or bring houses down on them, and sever ties to the only aid agency that can hope to keep them alive.
The answer, it seems, is the West’s system of values.
The mask has not just slipped, it has been ripped off. What lies beneath is ugly indeed.
The assault on Gaza, the great crime of our age, adds moralindecency to the pile of dishonesty and vacuity. When Starmer declared Israel had the right to cut off energy and water to Palestinian civilians, he did so as a human rights lawyer who understands the Geneva conventions. After letting shadow cabinet ministers defend him, he claimed it “has never been my view that Israel had the right to cut off water, food, fuel or medicines”. We all have political red lines: mine is supporting what would amount to war crimes against innocent civilians, toddlers and newborn babies among them, then gaslighting the public over doing so.
Where is my gratitude for Starmer delivering a now inevitable landslide victory, you may ask? Well, he didn’t force Boris Johnson and his cronies to violate their own pandemic rules, or to trash the NHS, or oversee the worst squeeze in living standards in history. Nor did he propel to power Liz Truss, whose unhinged economic experiment crashed the economy – the moment when the electorate turned on this Tory party for good.
The absolute power a landslide victory will give Labour should scare you. When Starmer allies deployed antisemitic tropes – with one joking about a “run on silver shekels” when two Jewish businessmen missed out on peerages, and another calling a Jewish Tory donor a “puppet master” – an apology was deemed to be sufficient. When another racially abused a journalist and had a sexual harassment complaint upheld, they were reinstated after investigation.
Contrast this with Diane Abbott, Britain’s first Black female MP, who was suspended after immediately apologising for an Observer letter in which she argued that Irish, Jewish and Traveller people are not subject to racism “all their lives”. She has been left in limbo for 10 months and counting while the party investigates – only for Labour to use the racist abuse directed at her by a Tory donor for political capital, while still refusing to reinstate her.
Jeff Bezos and his fiancée Lauren Sánchez arrive at an event in Milan, Italy on January 13, 2024. (Photo: Jacopo Raule/Getty Images)
It’s been a rough few years for most people around the world—but not these folks.
Four years ago, the United States entered the Covid-19 pandemic. Forbes published its 34th annual billionaire survey shortly after with data keyed to March 18, 2020. On that day, the United States had 614 billionaires who owned a combined wealth of $2.947 trillion.
Four years later, on March 18, 2024, the country has 737 billionaires with a combined wealth of $5.529 trillion, an 87.6 percent increase of $2.58 trillion, according to Institute for Policy Studies calculations of Forbes Real Time Billionaire Data. (Thank you, Forbes!)
The last four years have been great for particular billionaires:
On March 18, 2020, Tesla CEO Elon Musk had wealth valued just under $25 billion. By May 2022, his wealth had surged to $255 billion. As of March 18, 2024, Musk is at $188.5 billion, more than a seven-fold increase in four years.
Over four years, Amazon founder Jeff Bezos has seen his wealth increase from $113 billion to 192.8 billion, even after paying out tens of billions in a divorce settlement and donating tens of billions to charity.
Three Walton family members — Jim, Alice, and Rob — are the principal heirs to the Walmart fortune. They saw their combined assets rise from $161.1 billion to $229.6 billion.
In 2020, only one billionaire — Jeff Bezos — had $100 billion or more. Today, the entire top ten are centi-billionaires, bringing their collective wealth to a staggering $1.4 trillion.
The only billionaire on the 2020 top 15 wealthiest Americans list to see their wealth decline in four years was MacKenzie Scott. Four years ago, on March 18, 2020, the ex-wife of Jeff Bezos had a net worth of $36 billion. It has declined to $35.4 billion due to her aggressive giving to charity.
For more details on how America’s billionaires have fared since the onset of the pandemic, check out our updates page.
