Quote Originally Posted by Eric Cartman View Post
Anyway, moving on from that nonsensical copy paste from lom.

I saw an interesting piece recently in the ft about wage distribution and how the 'low wage economy' line actually doesn't apply to the top 5-10% of earners, whose salary's are broadly in line with the higher wage economies. It deviates as you move down the scale, we were something like 5th for the highest bracket, 12th for median income and 15th for the lowest earners. So actually what we have is a comparatively low wage economy for the middle and lower earners which is exactly why Kwasi has targeted tax cuts on the highest earners, and if you don't agree, you love Putin.

Found the article, it was behind a paywall on one link then not on another so hopefully people can see it https://www.ft.com/content/ef265420-...8-c951baa68945

The most striking sentence for me -
'last year the lowest-earning bracket of British households had a standard of living that was 20 per cent weaker than their counterparts in Slovenia.'
Here's a paywall destroyer for you https://12ft.io/