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Hangbag Economics

George Osborne, Chancellor of the Exchequer, excels at handbag economics - so argues Mary Mellor.


Handbag economics happens were the household is likened to the public sector and the breadwinner to the private sector.  When times are good and money is freely available all is well.  When times are bad, the breadwinner is humbled.  He accuses is wife of profligate spending, of letting him down, of asking for too much.  He demands the whole family goes on reduced rations but still expects the children to be fed and the old and sick to be cared for.

Like all who are bullied, the housewife has low self-esteem.  She doesn't want to be disloyal so never questions what he is spending the money on and if it is worthwhile.

One day she will wake up and demand to know why the family is in debt, why the household is always blamed, and why the children go without? Perhaps if they separated . . .


To read Mary's full article click here



Coming soon . . . .

Saturday 15 November 2014 at 1.30pm
Meeting of the Economic Justice Group
Venue: Newcastle Meeting House



Dates for 2015 are available on the 'Contact Us' page





Important news . . . . .

To help Quaker meetings, individuals and churches to use their money in ethical and Spirit-led ways, QPSW and the Ecumenical Council for Corporate Responsibility have created a website called

Your Faith Your Finance
Click here to find out more.