According to the IFS 65% of the UK\’s households have an income that is below the national average. Read that sentence again folks.
OK, I\’ve read it again and what am I supposed to think of it?
In my view the first great challenge of any socialist is to expose and extinguish false consciousness.
Oh, OK, then, we\’ll you\’re doing a pretty good job then I must say.
For what you\’re saying here is that household incomes are not normally distributed. There is a skew to distribution, meaning that more than half of the households are under the mean household income.
What amuses though is the insanity of people who think this is in any way unusual.
The majority of households in every country have below mean household incomes. Because income simply isn\’t normally distributed, there\’s always a skew to it.
Why you might ask? No doubt this is the influence of the neoliberal bastards?
Well, actually, no, it\’s a simple piece of mathematics.
You see, we don\’t actually count when households have negative incomes (something which is entirely possible of course, as those racking up debt can attest to). Thus there is a zero lower bound on possible household incomes.
However, there is no upper bound on possible household incomes. Thus the distribution will always be skewed (in reality: we can construct egalitarian \”paradises\” where this isn\’t true): it will always be true that the majority of households have lower than mean household income.
Sigh, Dr. Clarke meets basic math and doesn\’t like what he finds. This reality thing is so confusing for socialists, isn\’t it?