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We must be well ahead of the victorians. Isn't life expectancy going back down now because of poor diet, so maybe the question should have been are we better off than 25 years ago ? _________________ Tricky Trickster - Grand National Winner 2010
so is every other developed (first and new world) nation
relatively, no, other nations have massively improved in terms of average standard of living compared to UK, eg much of western mainland europe, scandanavia, australasia.... _________________ Geordie_R
"A should of known there mum was buying banana's"
We must be well ahead of the victorians. Isn't life expectancy going back down now because of poor diet, so maybe the question should have been are we better off than 25 years ago ?
good idea to get some answers then change the title of the thread
shouldnt the question be are we better off now than we were 10 minutes ago _________________ Geordie_R
"A should of known there mum was buying banana's"
good idea to get some answers then change the title of the thread
shouldnt the question be are we better off now than we were 10 minutes ago
Well if you take an average salary to be say £20k per year, and an average increase in GDP to be 3% a year, our earnings go up about £600 a year. After inflation, in real terms, lets say an individual is on average £200 a year better off (based on a 2% inflation, 3% growth model). That's about 50p a day. About 2p an hour. About 0.33p every 10 minutes. So yes I can confirm that we are probably better off than 10 mins ago. 0.33p better off on average . . . to be precise.
good idea to get some answers then change the title of the thread
shouldnt the question be are we better off now than we were 10 minutes ago
Well if you take an average salary to be say £20k per year, and an average increase in GDP to be 3% a year, our earnings go up about £600 a year. After inflation, in real terms, lets say an individual is on average £200 a year better off (based on a 2% inflation, 3% growth model). That's about 50p a day. About 2p an hour. About 0.33p every 10 minutes. So yes I can confirm that we are probably better off than 10 mins ago. 0.33p better off on average . . . to be precise.
that ,makes sense to me.
well played
_________________ Geordie_R
"A should of known there mum was buying banana's"
good idea to get some answers then change the title of the thread
shouldnt the question be are we better off now than we were 10 minutes ago
Well if you take an average salary to be say £20k per year, and an average increase in GDP to be 3% a year, our earnings go up about £600 a year. After inflation, in real terms, lets say an individual is on average £200 a year better off (based on a 2% inflation, 3% growth model). That's about 50p a day. About 2p an hour. About 0.33p every 10 minutes. So yes I can confirm that we are probably better off than 10 mins ago. 0.33p better off on average . . . to be precise.
Yes you are right GR.
I didn't expect you to be online this time of night so when I got the smarmy first reply I changed the title in order to turn the trick around.
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