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Squeezed Middle Watch

sorry - how can someone with enough education to have at one point been training as a lawyer, write with any kind of lucidity that the average earner used to be able to easily afford school fees. :confused:

I don't know if her claim is true, but if it were, could it be because in the 18th and 19th centuries 'school' was rather different? Plus the UK population has exploded, driving down salaries.
 
oxbridge lucy said:
School fees that were once affordable by provincial accountants, solicitors and doctors will now take a £30,000 bite per annum per child out of taxed income and again have become the preserve of the indisputably wealthy rather than indisputably average earner.


What a disgusting, inaccurate and arrogant thing to say. This, this is why a lot of people don't care about the top end of the middle class being 'squeezed' - or positively welcome it.
 
sorry - how can someone with enough education to have at one point been training as a lawyer, write with any kind of lucidity that the average earner used to be able to easily afford school fees. :confused:
She probably means average among her circles. So the low earners would be middle-management and top teachers, with barristers, doctors and other well-paid professionals as her "average" and the hedge-fund managers and CEOs being at the top end.

It makes sense if you put yourself in her shoes. You just lack empathy and can't appreciate how difficult life has become for her and people like her. :rolleyes:
 
She probably means average among her circles. So the low earners would be middle-management and top teachers, with barristers, doctors and other well-paid professionals as her "average" and the hedge-fund managers and CEOs being at the top end.

Yes, there's been research showing higher earners routinely overestimate average earnings. You can see it on here too from some posters.
 
Data from Savills, analysed by the FT, suggest that large numbers of high earners have been locked out of the London housing market due to rising prices. The research claims that areas such as Hammersmith and Camden are now unattainable to middle-class professional workers and are now the preserve of the “uber middle” and investors. People who could once have afforded Richmond, Wandsworth or Islington, are now buying their homes in Barnet, Lambeth and Haringey.
 
she was in the guardian at the weekend - she appears to be in 2 ships
No man can serve two masters, but apparently Lucy Mangan is willing to do so. There's a name for people who do that on a regular basis...
 
Yes, there's been research showing higher earners routinely overestimate average earnings. You can see it on here too from some posters.
Quite a lot of that on show in the run up to the Budget. Times today has its headline 'Tories offer squeezed middle a tax reprieve' yet then goes on to discuss the 40p tax rate, paid by those in the top fifth of earners
 
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