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Friday, December 09, 2011

FIGURES DON'T LIE

Politicians like to claim that under their benign guidance we are all better off but what do their own statisticians find? "New figures from the Office of National Statistics show that average salaries in the UK have fallen by 3.5% in real terms as pay rises fail to keep pace with inflation. An average full-time employee earned £26,200 in the year to April, up 1.4% on the previous 12 months. However, with inflation running at 5%, that amounts to a pay cut." |The Week, 23 November) It is true that statistics don't lie - unlike politicians. RD

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