Showing posts with label Living Standards. Show all posts
Showing posts with label Living Standards. Show all posts

Sunday, January 06, 2008

We're number ...uh... what's that whistling sound?

For the first time in more than 100 years, British living standards have risen above those of Americans, a report has declared.

Increasing incomes, longer holidays and "free" healthcare have all contributed to making Britons better off than our friends across the Atlantic, according to the respected Oxford Economics consultancy.

The feel-rich factor is calculated using the gross domestic product (GDP) per citizen - an indicator of average incomes - which in Britain will be £23,500 this year, compared with £23,250 in America, it predicts.

Oh, way to go, Georgie! Heckovajob to the Bush administration!