Referring to the above statistics, my answer to the question posed in my blog title is a BIG FAT NO!!
How can we be better off now than in 2006 when the "Wage level" had fallen while the "Price level" had moved north instead? However, there are 2 bright sparks though...the falling "Car tax" & "Cost of a mid-range car". However, with the related increase in "Fuel", "Prices of services" (aka car washes, maintenance, etc), ERP and parking charges, the outlay far exceeded the savings from those fallen charges.
Oh, and I've not even mentioned that we're putting in longer hours at work and potentially spending lesser time with our family and friends.
With a stressful situation as such, no wonder we've got a population replacement problem at hand.
How can we be better off now than in 2006 when the "Wage level" had fallen while the "Price level" had moved north instead? However, there are 2 bright sparks though...the falling "Car tax" & "Cost of a mid-range car". However, with the related increase in "Fuel", "Prices of services" (aka car washes, maintenance, etc), ERP and parking charges, the outlay far exceeded the savings from those fallen charges.
Oh, and I've not even mentioned that we're putting in longer hours at work and potentially spending lesser time with our family and friends.
With a stressful situation as such, no wonder we've got a population replacement problem at hand.
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