Can you believe this?
I have just been reading an article where it is said that since 1980 in real terms incomes have risen by 69.2% train fares by 67.1% bus fares by 86% but the cost of motoring has Fallen by 41.8%
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Debate please
Comments
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I guess the 'cost' is including repairs too. 21st century cars are uber reliable thus saving money in repairs. Fuel is cheaper, insurance too. All in all I'd agree.
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Thats the problem with statistics like this. You need it referencing properly or you don't know how good the info is.
For example, did they include depreciation or not.
This is why on the facebook thread I have asked (to no avail as yet) the simple question where have the figures come from.
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Not too sure about the wages figure......there is a huge discrepency these days between those at the top and those at the bottom - the multiplier of the lowest paid to the highest in a company can now be a huge figure, compared to what it was.
Also, does it include bonuses, share options, pension scheme payments etc? Again, something that is enjoyed by a few and not the majority.
The average may be true, but there are some big winners and losers.
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I remember talking to an agricultural worker in the 1960s. Even then he felt that his income was rising faster than prices. His measure was the number of pints of bitter which could be purchased from a weeks wages. If we take a hard look most of us have
enjoyed a rise in living standards over the years. Maybe the big difference is that professional work today is a great deal more stressful than it once was.0 -
Not too sure about the wages figure......there is a huge discrepency these days between those at the top and those at the bottom - the multiplier of the lowest paid to the highest in a company can now be a huge figure, compared to what it was.
Also, does it include bonuses, share options, pension scheme payments etc? Again, something that is enjoyed by a few and not the majority.
The average may be true, but there are some big winners and losers.
Write your comments here...IMO The winners tend to be those in management grades of the Public sector. Conversely, the people who work in the real world carrying out real jobs in the private sector are not so lucky as their salary is dependent on the cost
effectiveness of their employer's business.0 -
Since 1980 the MPG that I achieve on daily runaround has gone up fro 26 to 45mpg. Towing figures are 16 up to 36mpg, so I guess that means the daily cost of motoring has fallen.
I don't think my Landcruiser would do 36mpg even if it was being towed let alone towing
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Not too sure about the wages figure......there is a huge discrepency these days between those at the top and those at the bottom - the multiplier of the lowest paid to the highest in a company can now be a huge figure, compared to what it was.
Also, does it include bonuses, share options, pension scheme payments etc? Again, something that is enjoyed by a few and not the majority.
The average may be true, but there are some big winners and losers.
Write your comments here...It seems like I've drawn the short straw as far as that is concerned!
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It was on the news today that some chief executives are paid more in one day than a person working full time on minimum wage gets in a year.
How can that be right?
Banks are currently selling off non-core businesses at hundreds of million pound losses. Would it be those same executives that thought it would be a good idea to buy those businesses?
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It was ever thus. They screw up and are paid a wodge to go away. You screw up, usually on a much smaller scale, and you get a P45.
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It was on the news today that some chief executives are paid more in one day than a person working full time on minimum wage gets in a year.
How can that be right?
Banks are currently selling off non-core businesses at hundreds of million pound losses. Would it be those same executives that thought it would be a good idea to buy those businesses?
Write your comments here...Full-time minimum wage? Chance would be a fine thing! Can't see that happening for delivery drivers!
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And yet, in spite of such affluence only around 6% of estates have to pay inheritance tax *.
Which seems to indicate that very many of the posh houses, cars, cruise holidays and other displays of material 'wealth' must have outstanding mortagages, credit or loans, the outstanding balances of which are deducted from the estate's total before I.T. is calculated.
50% of the Gov'ts take in I.T. comes from estates in London and the South East*.
I've been paying expensive experts to minimise my exposure to I.T. and even then I wouldn't have said that (as reported in The Telegraph) I was in the 6% of the most wealthy. Mind you, the really filthy rich have ways of hiding their fortunes
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