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UK's Standard of Living Overtakes The US For The First Time Since the 19th Century

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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-05-08 10:54 PM
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UK's Standard of Living Overtakes The US For The First Time Since the 19th Century
LIVING standards in Britain are set to rise above those in America for the first time since the 19th century, according to a report by the respected Oxford Economics consultancy.

The calculations suggest that, measured by gross domestic product per capita, Britain can now hold its head up high in the economic stakes after more than a century of playing second fiddle to the Americans.

It says that GDP per head in Britain will be £23,500 this year, compared with £23,250 in America, reflecting not only the strength of the pound against the dollar but also the UK economy’s record run of growth and rising incomes going back to the early 1990s.





http://business.timesonline.co.uk/tol/business/economics/article3137506.ece
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-05-08 10:56 PM
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1. Well, what can American citizens do?
Whine?

Use prostitutes?

Start our own businesses?

What?
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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-05-08 10:58 PM
Response to Reply #1
4. Start Our Own Prostitution Business
Or vote.
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-05-08 10:56 PM
Response to Original message
2. You know life is bad when MiniMe is taller than Dr. Evil.
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rockymountaindem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-05-08 10:56 PM
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3. Good grief the next twelve months cannot go fast enough for us
January 20th 2009 here we come (unless the Republicans win, in which case :scared: )
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lutefisk Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-05-08 11:00 PM
Response to Reply #3
5. I can't imagine the USA after another 8 years of this shit
I imagine Rudy would just leave the same incompetent assholes in charge of everything while he consummated his affairs on AF1.
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-05-08 11:03 PM
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6. I think Blair's domestic policy was supposed to be good
He may have joined Bush's madness regarding foreign policy, but I read that did pretty well on a lot of domestic economic policies.

That said, the fact that the U.K. caught up to the U.S. says more about what a disaster Bush has been than anything else, I think.
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ingac70 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-05-08 11:16 PM
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7. Thanks Republicans!! n/t.
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 05:30 AM
Response to Original message
8. Ah the fruits of shedding an empire, gaining an empire
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Naturyl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 05:34 AM
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9. Look what Eeeeeevil Third Way Socialism did to the UK
Oh nooooo! And look what it's done to Sweden and Denmark! Horrors!
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