That the Chancellor insisted that the national living wage came into being is true. That this is a rise in the minimum wage for those over 25 is also true. And that there will be some adaptation in the labour market to this is also blindingly obviously true. How could it be otherwise? It is thus with some astonishment that we see people who in general would support a higher minimum wage complaining about the effects of a higher minimum wage. For example, this letter from Liz Kendal MP:

This isn't quite what Lenny Henry has said about the BBC. But it is what he means about the BBC. The organisation needs to be punted off into the private sector as soon as possible. For what he says here is entirely true:

We're generally told that the entire economy is slipping down that slope to hell in that proverbial handbasket. and yet when we go and look at what people are saying, away from the politically oriented opinion pages, in those very same newspapers we find rather a different story. Things seem to be getting better, perhaps not as fast as we would like, but better they are indeed getting. From the Guardian: 

Roger Bootle here is nominally telling us about how difficult a problem high executive pay is. We don't think that's a problem but that's not our point here. Rather, to examine one of the numbers being used to bolster the argument. We don't think this number is telling us what people think it is: