JRF say only top 20% of earners can acheive a minimum acceptable standard of living

BobQ

daveyjp wrote: »

It would have taken you less than the time it took to type the above to find the answer from the link in the first post. Theres a full explanation of what Minimum Income Standards are and how they are arrived at.

You misunderstand. The definitions used are what PEOPLE THINK are the minimum INCOME standards. I am sure that you can ask focus groups that question and they will say £20 for clothes or whatever, but what does that really mean? I am asking what people think they are entitled to as a minimum? For example I might say £30 a week for petrol, you might say nobody needs a car. You might say £10 a week for bus fares, but I might say why not cycle?

The report is all about figures that people thought nearly a decade ago not what they were based on in material sense.