Thursday, 21 January 2016

The Truth About Poverty In Britain Is Much Worse Than You Think

Poverty Breeds Desperation Breeds Revolution. If This Imbalance Isn't Redressed, Our Society WILL Implode!
The top 10% of UK workers earn £79,196. But the truth here is that this also includes the earnings of the top 1%, meaning the next 9% don’t really earn that figure. What is grotesque is the next number that should shock everyone. The average pay of the next 90%, (by stripping out all earnings of the top 10%, including the 1% and 0.1% groups) leaves an annual income of just £12,969. Yes, you read that right. Stripping out the top 10% of average pay, leaves just £12,969 average pay for the remaining 90% of the population. What is interesting about the figures collated by the Inequality Trust is that the data is about two years old (not their fault – it’s what is available), so things will actually be slightly worse as all analysts agree that inequality is getting worse, not better.
(truepublica)

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