Showing posts with label Great Britain. Show all posts
Showing posts with label Great Britain. Show all posts

Monday, January 07, 2008

Chimp's Economy Lifts All Boats


In England, that is.

BBCNews: Britons 'richer than Americans'


The average UK person will this year have a greater income than their US counterpart for the first time since the 19th Century, figures suggest.

Analyst Oxford Economics said the UK's GDP per head of population will reach £23,500 - £250 higher than in the US. The average UK person will this year have a greater income than their US counterpart for the first time since the 19th Century, figures suggest.

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Mr Cooper [of Oxford Economics] said: "The UK has been catching up steadily with living standards in the US since 2001, so it is a well-established trend rather than simply the result of currency fluctuations."

Heckuva job, George.

hat tip to Attaturk at Eschaton.