business friendly = growth = jobs: jobs with lower taxes, you keep more of what you earn, living standards improveOriginally Posted by Eric the Half a Bee
the IFS reported on wage growth (on BBCs R4) just recently. In this report, they said that existing jobs had seen very real wage growth, whereas it was new jobs that were pulling the average down. So if you had a job, your living standards have improved, but if you have only recently entered the workplace, then you are worse off compared to your predecessors.
Your politics will determine how you wish to interpret that fact.
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