Sunday, August 5, 2007

Has this ‘income’ included ‘Mewing’? Think so…

Affluent classes see earnings grow twice as fast as prices

The "affluent" or so called "middle" classes have prospered over the past decade, according to research from Halifax Financial Services. Earnings of these households have risen by 42.8% over the past decade, more than double the 18.2% rate of inflation for this group. Earnings for this group have also risen by more than that for the typical worker over the decade (42.8% against 39.5%)...

Posted by converted lurker @ 11:19 AM (406 views)
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3 thoughts on “Has this ‘income’ included ‘Mewing’? Think so…

  • Where are the statistics to support this ?.

    Who are these “affluent classes”, what jobs are they talking about ?. No, let me guess, it’s Public Sector.

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  • It’s interesting how a new angle on fundamental issues is all thats needed to make problems magically disappear nowadays.

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  • My definition of ‘class’ in the UK is as follows:-

    1) Working Class – Just as it says in that you have to work to keep a roof over your head and food on the table.
    2) Middle Class – You don’t have to work to put food on the table but you may or may not (age dependant) have to pay a large mortgage on a nice house.
    3) Upper/Affluent Class – You don’t work because work is for suckers who don’t have enough money.

    The trouble with the definition of ‘Middle’ class is that lots of people who are ‘working class’ have deluded themselves into thinking they are ‘middle class’ on borrowed money.

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