This is what "equality" looks like...
Tuesday, November 23, 2010
In Entitlement America, The Head Of A Household Of Four Making Minimum Wage Has More Disposable Income Than A Family Making $60,000 A Year | zero hedge.
It's not just in Britain that the Welfare State has become a quagmire of perverse incentives. Consider this chart (click to enlarge);
Does anyone (perhaps someone on benefits) have the time and energy to do the equivalent calculations for the UK system?
h/t Zero Hedge