"In its analysis of the Autumn Statement, the independent think tank, the IFS, said workers would earn less in real wages in 2021 than they did in 2008.Originally Posted by Nelsonca61
"This has, for sure, been the worst decade for living standards certainly since the last war and probably since the 1920s," said Paul Johnson, director of the IFS.
"We have seen no increase in average incomes so far and it does not look like we are going to get much of an increase over the next four or five years either."
http://www.bbc.co.uk/news/business-38090977
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