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A quarter of adults out of work
Comments
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Where's the weasel word? I don't understand what you're talking about.
More unequal (if they are) does not mean worse off.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
But the problem with 60% wage is.
Which is the poorest.
Average wage is £50PW
Earn average wage, can only just afford all bills and eat. Slight malnutrition.
Average wage is £200PW
Earn £110 Can pay bills, can eat no malnutrition.
I know which one my idea of poor is even if the 2nd one is the only one that is in poverty.
I dare say there are 3rd world countries with less living in poverty than the UK. But that does not mean it is easier to live.
3rd world countries tend to have high poverty on both absolute and relative measures. In most cases you have a small ultra-rich elite (with absolute wealth comparable to the rich of a 1st world country), a middle class of those on modest wages and a large number of people who live in slums. I can't help wondering if some people see this as an ideal model for the UK.
Living costs are also much lower. In Kenya a Western style standard of living for housing/private goods can be gained on about 1/3 of a Western wage. However, you would need things you don't in the UK such as paying for healthcare and a security guard for your house.
If it were not for rich, corrupt elites in these countries they would still be poorer than the West, but nowhere near as impoverished as they are now.Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith0 -
Sir_Humphrey wrote: »3rd world countries tend to have high poverty on both absolute and relative measures.
TBH I think absolute poverty is more relevant then relative when comparing the past to now.
I really can't see the 50's being easier to live in than now TBH.
Interestingly less than 10% live in poverty in china.
but perhaps we should look at PPP instead of relative.
http://en.wikipedia.org/wiki/Purchasing_power_parity0 -
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Graham_Devon wrote: »So you are saying cavemen had it easy compared to today?
I think he is extracting the uxxxx
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
but perhaps we should look at PPP instead of relative.
http://en.wikipedia.org/wiki/Purchasing_power_parity
PPP is a very interesting measure. I thought I'd also chuck the Gini coefficient and human development index (HDI) into the mix for anyone looking at distribution of wealth vs other countries and comparisons with absolute poverty.
Lots of lovely data sets to play with here:
http://hdrstats.undp.org/en/indicators/Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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Graham_Devon wrote: »So you are saying cavemen had it easy compared to today?Graham_Devon wrote: »Well that's the way they lived, so obviously it was.
According to you yes.0 -
vivatifosi wrote: »PPP is a very interesting measure. I thought I'd also chuck the Gini coefficient and human development index (HDI) into the mix for anyone looking at distribution of wealth vs other countries and comparisons with absolute poverty.
Lots of lovely data sets to play with here:
http://hdrstats.undp.org/en/indicators/
That is a lot of data. Cheers.
The Big mac Index is interesting. Only because when as anyone seen one like the one in the picture. 0 -
the point is this, after being swept to power in a wave of ben elton induced stupidity, the idiot lefties spent spent spent on the back of the decent economy they inherited from the tories. after 13 years of the lefty spend and tax disease we now find that the country is in ruins, financially, socially and physically. unemployment higher than when they got in, tax higher than when they got in, deficit higher than at anytime ever (including WWII), schools in dissaray, hospitals dirty and wasteful, roads like the third world, an unelected liar and sociapath at the helm in the pocket of the unions, and strikes everywhere you look.
same old lefties. it always ends in disaster.0
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