Yes, another vote by ordinary people against a status quo that does not work for the majority and an establishment that has no interest in changing the situation.

 

R4 had an ex-Cameron adviser now in California who quoted from some Federal statistics that over 50% of Americans haven't seen any real pay rise since 2007 and yet the rich still keep getting richer.  This, I think, is what is really going on, people generally are informed enough to realise that low economic growth means they will be worse off, all the growth is channeled to the already wealthy.  It is a vote in favour of spreading the wealth more equitably. 

 

I wonder what the same figure in the UK would be, I would guess it would be worse with ever increasing numbers of people going onto Minimum Wage and part-time work.

 

Falling real incomes for the majority doesn't make economic sense, lower spending power means lower growth.  The wealthy do not spend their money, they invest it taking it out of circulation.  They invest in debt, which keeps the house of cards standing as poorer people borrow to stay afloat.  They invest in insurance and utilities which is why the prices rise automatically each year to pay dividends.  So the poor stay poor as prices rise faster than pay while the rich get richer by pocketing the dividends but not spending them.  

 

Real growth in income for the majority is what people are voting for.