Bill
I am not sure you're right about the salaries, for the middle-income
types anyway. Certainly my salary as an O-5 (wing commander,
lieutenant-colonel, commander (naval)) was higher than my USAF
equivalent's 5 years ago. In addition, my specialisation pay
("flying pay") was (and still is) higher. My son earns around
GBP18,000 ($31,000) as a university graduate of 2 years' standing
with a utility company; we think that he is worth about 20% more, but
I have a feeling that that is about the going rate. However, ex-
students of mine from prestigious universities in London (such as
London School of Economics or Imperial College) are being tempted
into trading positions with salaries of twice that. But that sort of
job does not hold you for long -- too long hours, no windows, no
women ;-).
My gut feeling is that your middle salaries are slightly lower, but
your lower salaries are higher; finally, your higher salaries are
much, much higher.
[equally a generalisation ... ;-)]
Chris
~~ >-)-
C M I Barker
Cambridgeshire, Great Britain.
+44 (0)7092 251126
www.threeshoes.co.uk
homepage.mac.com/zuiko
On 7 Dec 2005, at 03:32, Bill Pearce wrote:
>
>> Shows how the UK is such a rip off, too. And it's not even as if
>> we pay
>> lower taxes; quite the opposeite, in fact.
>>
>> But I don't know what average earings are in the US, and/or what I
>> would
>> be earning in US$ for the same sort of work.
>>
> Simon,
>
> There will be some here with more political inveestment than I, but
> I think
> you can look at it in this way:
>
> You make a relatively smaller salary with greater taxes, but
> receive things
> as entitlements that we pay for, in some cases rather dearly.
>
> We make, in some cases (not mine), buckets of money, but pay for
> lots of
> things you take for granted.
>
> I know it's more complex than that, but it is a good generalization.
>
> Bill Pearce
>
>
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