The ‘Cost of Cameron’ is too high – and hard-working people are footing the bill

A RECENT day of action saw thousands of campaigners the length and breadth of the UK out in force, along with Labour frontbenchers, to raise awareness of the realities facing people in Britain today – on what was so aptly called ‘Cost of Cameron’ day.

Here in Wales activists were out across the country, and I joined local campaigners in both Cardiff and the Vale of Glamorgan, to highlight the cost of living crisis that continues to engulf so many families.

BdtHilXCMAA8VTn[1]Because the stark truth is that while David Cameron and George Osborne talk about recovery, there are millions of people across the country – and thousands right here in the Cardiff South and Penarth constituency – for whom there has simply been no economic recovery at all.

The truth is that working people have suffered a massive fall in the value of real earnings since David Cameron became Prime Minister. Prices are soaring, while wages are falling – and after three damaging years of a flat-lining economy, working people are on average £1,600 a year worse off thanks to the Prime Minister.

Prices have risen faster than wages in every month bar one while David Cameron has been in Downing Street; and real wages will have fallen by 5.8 per cent by the end of the Parliament.

Meanwhile the cost of gas, electricity and other household bills continues to rise, and many people have been forced to make some very tough choices this winter, as they struggle to balance family needs with increasingly stretched household incomes.

David Cameron can’t deal with the cost of living crisis because he stands up for a privileged few, not for ordinary families.

Why else would he cut tax for people on over £150,000 a year while raising it for everyone else? Why else are small businesses struggling to get credit, but bankers’ bonuses are up 82 per cent?

The Cost of Cameron’s policies is too high, and it is hard-working people that are footing the bill. This can’t go on, and it’s time for the Prime Minister to take urgent action.

That’s why I campaigned on ‘Cost of Cameron’ day, so that we can get the message out there that Labour will change our economy and ensure that living standards rise for the many, not just a few at the top.

* Stephen writes a weekly View from Westminster column in the Penarth Times. This column was first printed on Thursday, January 16.

 

 

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