Are we being ripped off with the recession?
#61
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You have to look at the cost of living in this country in comparison with USA, Japan, Oz, France, Spain, Italy - the list is endless. We are extorted by the utilities companies, public transport, insurance companies (all due to preferential regulatory conditions permitted by successive governments) inland revenue, and general commodity retailers.
We have way less money in the pocket than nations with similar income levels to ours - and way more personal debt. All this was wrong BEFORE the recession, and is simply getting worse now.
We have way less money in the pocket than nations with similar income levels to ours - and way more personal debt. All this was wrong BEFORE the recession, and is simply getting worse now.
#65
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#67
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We spend US$165bn on the NHS and US$63bn on defence which combined is 9% of GDP.
As the Yanks say: 'Go figure'
We have 20% higher consumer prices than they do, 30% higher restaurant prices than they do, and 110% higher real estate prices than they do - need I go on?
We've had a gold rush with medals at the the Olympics, but what Britain needs is a gold rush in terms of disposable income.
#69
I always remember seeing President Clinton being asked how much America generally earn as a nation per annum.
He smiled and said "I can't disclose that figure, what I will say is that it's a two digit number followed by thirteen zeros.
The cost of everything here in the UK is spiraling too high....... but we pay it and shut up. If everything continues to rise I can see that changing.
He smiled and said "I can't disclose that figure, what I will say is that it's a two digit number followed by thirteen zeros.
The cost of everything here in the UK is spiraling too high....... but we pay it and shut up. If everything continues to rise I can see that changing.
Last edited by SkullFudge; 10 August 2012 at 10:59 AM.
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