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Better information ?
It's interpretations of information, not raw information being argued over - because we are selecting and picking the measures, data sets and time frames on which to focus.
Depending on what time period, what coefficient/measure you and what specifically you compare, you can 'present' differing pictures of the economy, income inequality, living standards etc.
Just for example, it is a 'fact' that in the last 10years income inequality for pensioners has been on an upward(increasing = bad) trend which marks the end of a 27yr downwards(decreasing inequality = good).
If you take the last 8yrs not 10, income equality overall has risen for all individuals.
Adding to the fact that external factors like the global financial crisis needs to be accounted for since it has a significant effect on the time periods under discussion and comparrison. |
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