What value do we place on the stories which are propped up by statistical information.
Numbers
are a mathematical method of securing a scientific fact or providing a
comparison one thing with another. The way we use statistics which are a
set of numbers to extrapolate a position, usually a political one is
constantly employed to such an extent that we often disregard the stat
as creative nonsense. The use of numbers, this time presented as
percentages is another misuse of a perfectly valid comparator but when
used in political real time is downright misleading.
We
have just been provided with a lot of pre-budget information. I'm not
sure what George Osborn still has to announce to parliament since most
of the information has been leaked.
This
is unheard of a few years back when a leak of budget information was
deemed a serious thing and whilst it was no longer indictable with a
trip to the Tower for a beheading ( imagine if ISIS come into power they
will resurrect the practice ) it is still frowned on if only for
disrespect to Parliament.
The Chancellors proposed 23% increase in the "minimum wage" is in fact an increase of 57p an hour.
When a ordinary wage earner such as a postman or a nurse gets an increase of 2.5% this means an extra £58 pm.
When
the boss of a large company gets a 2.5% increase it equates to £1666 pm
but of course he doesn't get such a puny increase his remuneration
committee vote him a 15 to. 20%, increase £10.000 pm to an astonishing
£14.000pm equivalent to £150.000 pa. This is an increase of nearly 7 x
the annual pay packet of the average worker which again statistically
is seriously inflated by the inclusion of senior managerial pay. A more
realistic figure given that so many people are on the minimum wage or
part time employment would, I estimate be closer to £14000 per annum
nearly 11 x the annual pay in what is his "increase".
No
one talks in this way, the air waves are littered with astronomically
high earners and everyone is too embarrassed to highlight "the great rip
off" in pounds shillings and pence !!!
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