UK standard of living rises above that in America for the first time in a century
Quote:
UK standard of living rises above that in America for the first time in a century
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.
"The UK has been catching up steadily with living standards in the U.S. since 2001, so it is a well-established trend rather than simply the result of currency fluctuations."
http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=506442&in_page_id=177o
As I have long suspected, the American empire is in terminal decline and the British empire, as was, could be on the rise again. :)
