This is the result of the government being so "open minded" that they end up not looking out for the best interests of their own populous. By "open minded" I mean rapidly (this being the operative word) removing all cross-border controls with countries with wildly differing economies, resulting in wage deflation and joblessness for a huge number of people.

Of course the people hardest hit are those at the bottom of the income chart - the young. At the same time, the cost of living has rocketed as a result of the mishandling of the banking sector, resulting in a housing boom (that from a political perspective cannot be permitted now to be undone and has been subsequently propped up by a heavily indebted the government). Again the worst off have been non-homeowners (i.e. the young).

It's impossible to blame the current administration for all of it, you have to blame the entire political establishment (all 3 main parties have been in power within the last 15 years). Their worldview has to be questioned. Significant errors of judgement have been made repeatedly over the last 15 years - Afghanistan, Iraq, Libya, Syria (no action taken by a hairs breadth even after everything that had come before), the banking crisis, handling of the educational system (including higher education), rapidly opening borders to former eastern-bloc countries, limitless spying on UK citizens, no reform of an undemocratic (not elected, but "appointed") European Commission, and migration of law making powers to the EU without consultation and assent by the public (through referendum).