Thursday, September 28, 2017

Living by numbers.

The Fraser Institute is as independent non-partisan research and educational organisation based in Canada.  The Institute 2017 Economic Freedom of the World report has two interesting figures.   

£31,588 and £4,490.   


The difference is, to save you working it out, £27,097.  

So, what are these two magical numbers?  Well, the first is the average income in the most economically free quartile of countries.   

The second figure is the average income in the least economically free quartile of countries.  By economically free we are talking countries that are not socialist state planned economies.  

So why would anyone vote for Labour under Jeremy Corbyn whose whole economic thrust would lead to the latter figure of the average person being £27,097 worse off?

No comments: