Saturday, August 23, 2008

Less is more.

There was a thing in the Australian on Friday that was mind-numbingly stupid, and I just have to share it with you.

It starts out by saying that the share of the nation's wealth held by older people has increased. Which you'd expect. Then it says..

However the escalation in the share of wealth of older Australians has offset a falling share held by their younger counterparts.


Err.. if the share held by older people has gone up, then the share held by younger people would have gone down. There's no 'however' about it.

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