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as you seem to like the ONS stats Clive

here are some more figures by them..and shows that taking averages..as in the link Benny posted..is a little flawed when wealth is as skewed as it in this country..its very simple really and i would have thought you would have spotted this..but if two people have an average income of 200,000..and one of them earns 10,000 and the other one 390,000..it doesn't make the one earning 10k wealthy...only when an average figure is taken does that lead you to that false conclusion...stats eh Clive?

http://www.theguardian.com/uk-news/2014/may/15/britains-richest-1-percent-own-same-as-bottom-55-populatio

<blockquote data-quote="EC1" data-source="post: 2518794" data-attributes="member: 65360">as you seem to like the ONS stats Clivehere are some more figures by them..and shows that taking averages..as in the link Benny posted..is a little flawed when wealth is as skewed as it in this country..its very simple really and i would have thought you would have spotted this..but if two people have an average income of 200,000..and one of them earns 10,000 and the other one 390,000..it doesn&#039;t make the one earning 10k wealthy...only when an average figure is taken does that lead you to that false conclusion...stats eh Clive?<a href="http://www.theguardian.com/uk-news/2014/may/15/britains-richest-1-percent-own-same-as-bottom-55-population" target="_blank">http://www.theguardian.com/uk-news/2014/may/15/britains-richest-1-percent-own-same-as-bottom-55-populatio</a><a href="http://www.theguardian.com/uk-news/2014/may/15/britains-richest-1-percent-own-same-as-bottom-55-population" target="_blank"></a></blockquote>

[QUOTE="EC1, post: 2518794, member: 65360"] as you seem to like the ONS stats Clive here are some more figures by them..and shows that taking averages..as in the link Benny posted..is a little flawed when wealth is as skewed as it in this country..its very simple really and i would have thought you would have spotted this..but if two people have an average income of 200,000..and one of them earns 10,000 and the other one 390,000..it doesn't make the one earning 10k wealthy...only when an average figure is taken does that lead you to that false conclusion...stats eh Clive? [URL="http://www.theguardian.com/uk-news/2014/may/15/britains-richest-1-percent-own-same-as-bottom-55-population"]http://www.theguardian.com/uk-news/2014/may/15/britains-richest-1-percent-own-same-as-bottom-55-populatio [/URL] [/QUOTE]

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