Monday, October 26, 2026

These Foolish Things: Lies, damned lies and . . . (1996)

The Scavenger column from the September 1996 issue of the Socialist Standard

Lies, damned lies and . . .

DSS data show: Numbers living below half average income rose from 5 million (9 percent of the population) in 1979 to 14.1 million (25 percent) in 1992-93. Richest tenth of the population had 62 percent rise in income, poorest tenth a 17 percent cut.

But Peter Lilley’s study shows the top fifth of male earners in 1978 enjoyed a 33 percent rise in real earnings by 1992/93. But bottom fifth increased earnings by 42 percent. Guardian, 27 June.


Honey, I shrunk the housekeeping

Nearly 30 percent of workers in the West Midlands have experienced unemployment since the last general election, Margaret Beckett, shadow trade and industry' secretary told a meeting. Addressing the annual lunch of the West Midlands CBI, Mrs Beckett said that 29 percent of the West Midlands work force—579,340 men and 296,980 women—had been out of work at least once in the last four years. Evening Mail, 11 July.


Welsh coolies?

The gusto with which the Government welcomed yesterday’s decision by the Korean electronics firm, LG, to create 6,000 jobs in Wales underlines the ministerial belief that inward investment is the industrial policy of the 1990s . . . Britain is attractive because it is cheap and getting cheaper. Britain is close to the bottom of the European league table for labour costs, which are around half those in Germany or Switzerland, but the recent spate of investment from the dynamic Asian economies such as Taiwan or Korea suggests Britain’s labour costs—in regions such as Wales, at least—are now lower than those on the Pacific Rim. Guardian, 11 July.


Money mad

Mental health services for the severely disturbed are on the point of collapse, with the safety of patients, health staff and the public at risk in some areas because of a lack of beds, the Royal College of Psychiatrists warned yesterday . . . (Professor Thompson said]: “We fully support the principles of care in the community, but this cannot be done if it is not properly resourced and we are in that situation. We are aware of plans to close remaining psychiatric beds in many areas and concentrate on community services. This is no longer an option.” Money from the sale of old asylums had not been put back into psychiatric services, and hospital beds were not available to readmit patients if they relapsed into serious illness. Guardian, 11 July.


Real education

Cadbury Schweppes chairman Dominic Cadbury has told Birmingham businessmen that university students should pay their own tuition fees in order to save taxpayers’ cash . . . And Mr Cadbury questioned the value of arts degrees—unless they armed graduates with skills for the work place . . . Mr Cadbury, who was educated at Eton, Trinity College, Cambridge and Stanford University, said: ‘‘The taxpayer’s investment in university graduates is many times greater than that in the school leaver” Evening Mail, 17 July.
The Scavenger

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