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	<title>Voices of Postwar England &#187; credit crunch</title>
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		<title>Voices of Postwar England &#187; credit crunch</title>
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		<title>Class, the &#8216;credit crunch&#8217; and &#8216;affluence&#8217;</title>
		<link>http://voicesofpostwarengland.com/2008/10/06/class-the-credit-crunch-and-affluence/</link>
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		<pubDate>Mon, 06 Oct 2008 18:23:37 +0000</pubDate>
		<dc:creator>selinatodd</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[class]]></category>
		<category><![CDATA[credit crunch]]></category>

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		<description><![CDATA[As Britain teeters on the edge of recession, BBC Radio 4 has begun a blog designed to get your views on the so-called &#8216;credit crunch&#8217; and how it is affecting people. Comments so far range much wider than house prices &#8211; the usual media focus &#8211; with listeners and bloggers offering their thoughts on the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=voicesofpostwarengland.com&amp;blog=3629106&amp;post=563&amp;subd=voicesofpostwarengland&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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<p>As Britain teeters on the edge of recession, BBC Radio 4 has begun a blog designed to get your views on the so-called &#8216;credit crunch&#8217; and how it is affecting people. Comments so far range much wider than house prices &#8211; the usual media focus &#8211; with listeners and bloggers offering their thoughts on the cost of living more generally. Many of them are feeling &#8216;the pinch&#8217;, but their comments indicate how region and social class still shape people&#8217;s standard of living. However, they also indicate that many people have been finding life difficult during the so-called &#8216;boom years&#8217; of the late 1990s and early 200s. They highlight how difficult it is to define the &#8216;standard of living&#8217;, &#8216;boom&#8217;, &#8216;bust&#8217;, or even economic &#8216;development&#8217; &#8211; terms often bandied about in the media. Comments indicate that many factors: fuel bills, mortgages, credit availability, but also benefits, employment and environment all contribute to how people feel about their lives and the society of which we&#8217;re all part. In the 1950s and 1960s, the term &#8216;affluence&#8217; found its way into much media reportage about British society, and glossed over some of the underlying causes of poverty that never went away: old age and unemployment being two of the most major. The Radio 4 blog is a reminder to look behind &#8216;credit crunch&#8217; headlines to discover the real causes of poverty and inequality in Britain today&#8230;and suggests that asking ordinary people their opinions might prove useful. Check it out <a title="BBC R4 credit crunch" href="http://www.bbc.co.uk/blogs/ipm/2008/04/mapping_the_credit_crunch.shtml">here</a>.</div>
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