PROGRESSING BACKWARDS

One of the illusions much favoured by politicians is that inequalities are gradually disappearing thanks to their wonderful efforts, but the reality is somewhat different. "After a jarring leap upwards during the industrial collapse of the 1980s. the gap between rich and poor has, with brief interruptions, been trending higher. By the tail-end of Labour's time in office, the Gini coefficient, a measure of inequality, was at its highest since comparable figures began in 1961. ... Britain still ranks just after the United States among the leading Western economies in terms of the gulf between rich and poor." (Times, 2 May) RD