Transcript
Tim Harford (0:00)
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Lizzie McNeil (0:45)
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Tim Harford (1:03)
Hello and welcome to the last in this series of more or less. We've been on a journey together, but this is our final climactic word on the numbers in the news and in life. And I'm Tim Harford. Right, what topics are epic enough to suit the occasion? Let me see. Did a Canadian politician misspeak when describing economic data? Are 1990s pop icons right, said Fred. Right about what? They said, can I run on a treadmill in a funny mask? I really want to scratch my nose. And is a sauna really 10 times as hot as whales? And in case you think we've all gone a bit silly, 25% of those items are more serious than you might imagine. But first, would you be better off working or claiming benefits? That depends on how much your job pays, of course. But there are lots of people who will tell you that it needs to pay a lot.
Richard Varden (2:00)
You'd need a 71,000 pound pre tax household income to be as well off as a couple with children on benefits. Now, it seems that somebody who goes to work has to earn 71,000 pounds in order to match the benefits that are paid to a workless household who are signed off sick.
Tim Harford (2:21)
With three kids, you now need to earn around 71,000 pounds before tax just to match what a jobless household with three children can receive in support. So where does this figure come from and is it a fair comparison? To help us understand, I am joined by our editor and once in a series, reporter Richard Varden. Hello, Richard.
Richard Varden (2:42)
Hello, Tim.
