Wednesday, October 31, 2012

PROGRESSING BACKWARDS

The idea that we are all getting a little better off financially all the time is one that the media try to sell us but the facts say otherwise. "13 % is the fall in national income per person in the UK since the start of 2008, adjusted for inflation according to the Office for National Statistics. The decline was more rapid than after the 1978 oil crisis." (Sunday Times, 28 October) RD

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