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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:20 
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Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.

I just want somewhere to have a bit of knockabout fun as a lighthearted distraction from work, without feeling as though my every syllable is being scrutinised to the nth degree, I'm being trolled or whatever. Got any suggestions? :)

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:21 
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Cavey wrote:
Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.

I just want someone to have a bit of knockabout fun as a lighthearted distraction from work, without feeling as though my every syllable is being scrutinised to the nth degree, I'm being trolled or whatever. Got any suggestions? :)


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:21 
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Cavey wrote:
Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.

I just want someone to have a bit of knockabout fun as a lighthearted distraction from work, without feeling as though my every syllable is being scrutinised to the nth degree, I'm being trolled or whatever. Got any suggestions? :)


Fruit machine emulation is very civilised these days :D


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:22 
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Cavey wrote:
Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.

I just want someone to have a bit of knockabout fun as a lighthearted distraction from work, without feeling as though my every syllable is being scrutinised to the nth degree, I'm being trolled or whatever. Got any suggestions? :)


Have you tried the White House?


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:24 
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Hearthly wrote:
Cavey wrote:
Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.

I just want someone to have a bit of knockabout fun as a lighthearted distraction from work, without feeling as though my every syllable is being scrutinised to the nth degree, I'm being trolled or whatever. Got any suggestions? :)


Fruit machine emulation is very civilised these days :D


Heh! Maybe we could make the review dream team comeback!
(To be fair I'm loving the Impulse machines... pure genius!)

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:26 
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Cavey wrote:
Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.

I just want someone to have a bit of knockabout fun as a lighthearted distraction from work, without feeling as though my every syllable is being scrutinised to the nth degree, I'm being trolled or whatever. Got any suggestions? :)

Mate, I love you and you're a great guy in person. But if you continue to lack self-awareness on here and double down with boorish boasting then I'm afraid it's fair game for me to laugh at your posts. ;)

It's either laugh or get annoyed and you're my friend so I don't want to get annoyed with you unless you start referring to America as the colonies...

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:27 
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Cavey wrote:
I just want someone to have a bit of knockabout fun as a lighthearted distraction from work, without feeling as though my every syllable is being scrutinised to the nth degree, I'm being trolled or whatever. Got any suggestions? :)


Not disguising anecdotes as indisputable facts and then chucking around "I'm-better-than-you" remarks about your £70k Porsche when called out on them?

I don't know, could be way off.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:28 
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Cavey wrote:
Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.

I just want someone to have a bit of knockabout fun as a lighthearted distraction from work, without feeling as though my every syllable is being scrutinised to the nth degree, I'm being trolled or whatever.

Wait, one post ago I was a laughable figure beneath your contempt who doesn't even drive a £70k Porsche, but now I'm an evil bully who's stopping you from enjoying the forum? I had no idea I was so two-faced!


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:28 
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sneering elitist

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Doctor Glyndwr wrote:
Cavey wrote:
Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.

I just want someone to have a bit of knockabout fun as a lighthearted distraction from work, without feeling as though my every syllable is being scrutinised to the nth degree, I'm being trolled or whatever.

Wait, one post ago I was a laughable figure beneath your contempt who doesn't even drive a £70k Porsche, but now I'm an evil bully who's stopping you from enjoying the forum? I had no idea I was so two-faced!


To be fair those two things aren't mutually exclusive :DD

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:29 
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At least one of them is true! And you won't believe which one...


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:30 
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Hey no worries Matt, I've had a really shit week with big worries and have been up since 5am, sorry if I've been a bumptious knob here. Time to cool my heels :luv:

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:30 
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Have you booked for Cottage yet?


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:31 
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Doctor Glyndwr wrote:
At least one of them is true! And you won't believe which one...

It's funny because your Porsche is £95k

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:33 
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Lonewolves wrote:
Doctor Glyndwr wrote:
At least one of them is true! And you won't believe which one...

It's funny because your Porsche is £95k

Seemed ostentatious given I drive less than five hundred miles a year, but hey, you gotta treat yourself.


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:34 
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EVERYONE IS HAPPY AND TALKING ABOUT CARS AGAIN!

My Tomcat hasn't moved in ages.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:36 
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Cavey wrote:
Hey no worries Matt, I've had a really shit week with big worries and have been up since 5am, sorry if I've been a bumptious knob here. Time to cool my heels :luv:

:luv:

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:38 
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GazChap wrote:
Jem wrote:
I'm not a "kid" any more but honestly thinking of getting rid of my car. Feel like it's burning through cash (leaking coolant AGAIN) and 99% of the time I only use it to go to the gym, which is fucking ironic in itself.

I just need to learn to ride a bicycle without falling off...

Sorry, love. You'd think it being bright yellow would have clued me into it being a lemon.


:kiss: you bought me the one car I've wanted since I learned to drive - you don't have to apologise for nuffin'

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:55 
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Grim... wrote:
EVERYONE IS HAPPY AND TALKING ABOUT CARS AGAIN!

My Tomcat hasn't moved in ages.

Has it got a tree growing through it?


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 15:56 
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No, that's pure slander.

There's a tree in front of it, mind.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 16:01 
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Cavey wrote:
Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.


You should start a Hardcore cars thread.


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 16:32 
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Jem wrote:
I'm not a "kid" any more but honestly thinking of getting rid of my car. Feel like it's burning through cash (leaking coolant AGAIN) and 99% of the time I only use it to go to the gym, which is fucking ironic in itself.

I just need to learn to ride a bicycle without falling off...


Pro tip: Don't join a gym in your town. Cycle to a gym in the next town over, but don't join it, either. Cycle back. After a few months, cycle to the gym two towns over.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 16:34 
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I am off to go and do this in March.

I've never done one of these things before. My Dad did one years ago at Castle Combe and from being a boy racer he shat his pants and drove a Formula Ford round in Milk Float mode to the point where it took him that long to do the lap we figured he had spun off and died.

So how do I not end up like that? Any tips?

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 16:35 
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Drive faster, but not so fast that you die HTH HAND


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 16:44 
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Those Palmersport days are fucking top notch by all accounts, I'd love to do one.

Best advice is simply to listen to the instructors. With the single seaters, they obviously won't be out there with you, but I'm pretty sure from reading other reviews that they give you a headset to allow you to communicate with them if you need to - and the cars you drive up to that point should get you prepared for it.

Still, I drove an Ariel Atom around Curborough a couple of years ago. Short track, but not hugely wide and with little run off space. Something about not having the luxury of a windscreen or a big metal cage surrounding me to keep me safe suddenly made me feel very vulnerable indeed.


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 16:51 
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Trousers wrote:
I am off to go and do this in March.

That's right by my house. Shout if you want beer after.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 16:59 
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sneering elitist

Joined: 25th May, 2014
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MaliA wrote:
Jem wrote:
I'm not a "kid" any more but honestly thinking of getting rid of my car. Feel like it's burning through cash (leaking coolant AGAIN) and 99% of the time I only use it to go to the gym, which is fucking ironic in itself.

I just need to learn to ride a bicycle without falling off...


Pro tip: Don't join a gym in your town. Cycle to a gym in the next town over, but don't join it, either. Cycle back. After a few months, cycle to the gym two towns over.


That's not going to help me with my goals, but thanks for that :p

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 17:54 
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Cavey wrote:
Are we seriously arguing that normalised, mean wages haven't increased from the 1980s?


Right, I'm back at my laptop, instead of trying to piss about with a smart phone on the Underground. Where were we? :D (Oooh I quoted myself, bad Cavey! :p )
Everyone has called bullshit/anecdote on me for claiming that real terms average wages - adjusting for inflation etc. - haven't increased since the early 80s (which seems utterly bizarre to me, so obvious it is that this has indeed happened, but still). I was in no position to provide citations/data, being indisposed on said underground, but just because I can't do this instantly due to incovenience, doesn't make the assertion untrue and/or unfounded anecdote. Google is your friend. :D

Here's some stuff from our old mates at the ONS:
http://webarchive.nationalarchives.gov. ... cades.html

Quoted directly and verbatim from this source:

Quote:
Employees aged 21 in 1995 earned 40% more after adjusting for inflation by the age of 39 than those aged 21 in 1975 did up to the age of 39

The difference between male and female average pay for the under 30s has decreased dramatically since 1975.

Since 2011 the top 10% of full-time earners have had the largest falls in wages after adjusting for inflation.

Since 1975 average earnings for full-time employees have more than doubled after accounting for inflation.

Since the introduction of the National Minimum Wage, wage growth at the bottom of the earnings distribution has been strong for both full and part-time employees.

Hourly wage inequality has fallen across the regions and devolved countries of the UK since 1998

...

Adjusting for inflation to put wages into a 2013 equivalent and comparing the age range 21 to 39 shows that those who started work in 1995 earned 40% more than their counterparts who started work in 1975. A similar comparison of the age range 21 to 49 shows that those who started work in 1985 earned 18% more than their 1975 counterparts.

The difference in earnings between the 1975 and latter cohorts means that those who started work in 1975 had to work between three and four years onger than those who started in 1985 to accumulate the same amount of earnings and between five and six years longer than those who started in 1995.

...

Rather than track a cohort over time it is also possible to look at a snapshot of earnings in any particular year. In 1975 the median wage, the value at which half of employees earned less and half earned more, was £6.17 (in 2013 prices). By 2013 the median had risen to £11.56 per hour, an increase after taking account for inflation of 87%.

Looking across the age range we can see that for all age’s employees in 2013 on average earned more than their counterparts within the same age group did in 1975.


...Very Oops. Anyone need an autographed version, chaps? :D

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 17:57 
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ApplePieOfDestiny wrote:
Cavey wrote:
Maybe, but it seems to me I can barely post anything at all, not even in the car thread, these days. Oh well.


You should start a Hardcore cars thread.


:DD
Heh.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:00 
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Cavey wrote:
Cavey wrote:
Are we seriously arguing that normalised, mean wages haven't increased from the 1980s?


Right, I'm back at my laptop, instead of trying to piss about with a smart phone on the Underground. Where were we? :D (Oooh I quoted myself, bad Cavey! :p )
Everyone has called bullshit/anecdote on me for claiming that real terms average wages - adjusting for inflation etc. - haven't increased since the early 80s (which seems utterly bizarre to me, so obvious it is that this has indeed happened, but still). I was in no position to provide citations/data, being indisposed on said underground, but just because I can't do this instantly due to incovenience, doesn't make the assertion untrue and/or unfounded anecdote. Google is your friend. :D

Here's some stuff from our old mates at the ONS:
http://webarchive.nationalarchives.gov. ... cades.html

Quoted directly and verbatim from this source:

Quote:
Employees aged 21 in 1995 earned 40% more after adjusting for inflation by the age of 39 than those aged 21 in 1975 did up to the age of 39

The difference between male and female average pay for the under 30s has decreased dramatically since 1975.

Since 2011 the top 10% of full-time earners have had the largest falls in wages after adjusting for inflation.

Since 1975 average earnings for full-time employees have more than doubled after accounting for inflation.

Since the introduction of the National Minimum Wage, wage growth at the bottom of the earnings distribution has been strong for both full and part-time employees.

Hourly wage inequality has fallen across the regions and devolved countries of the UK since 1998

...

Adjusting for inflation to put wages into a 2013 equivalent and comparing the age range 21 to 39 shows that those who started work in 1995 earned 40% more than their counterparts who started work in 1975. A similar comparison of the age range 21 to 49 shows that those who started work in 1985 earned 18% more than their 1975 counterparts.

The difference in earnings between the 1975 and latter cohorts means that those who started work in 1975 had to work between three and four years onger than those who started in 1985 to accumulate the same amount of earnings and between five and six years longer than those who started in 1995.

...

Rather than track a cohort over time it is also possible to look at a snapshot of earnings in any particular year. In 1975 the median wage, the value at which half of employees earned less and half earned more, was £6.17 (in 2013 prices). By 2013 the median had risen to £11.56 per hour, an increase after taking account for inflation of 87%.

Looking across the age range we can see that for all age’s employees in 2013 on average earned more than their counterparts within the same age group did in 1975.


...Very Oops. Anyone need an autographed version, chaps? :D

Listen up, people! The adults who own £70k Porsches are posting!


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:02 
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I suppose it's expecting too much for you to say sorry, eh Gaywood.
Nice to have the last laugh though! :)

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:04 
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Cavey wrote:
I suppose it's expecting too much for you to say sorry, eh Gaywood.
Nice to have the last laugh though! :)

Of course mate, I'm too consumed by jealousy to possibly riposte.


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:06 
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I don't doubt it! :D

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:09 
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Doctor Glyndwr wrote:
Cavey wrote:
I suppose it's expecting too much for you to say sorry, eh Gaywood.
Nice to have the last laugh though! :)

Of course mate, I'm too consumed by jealousy to possibly riposte.

Envy.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:10 
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Grim... wrote:
Envy.

Well, I thought so, but a guy who drives a £70k Porsche thought differently so now I know I was wrong all along.

Cavey wrote:
Mate, if you think I'm the one with egg on my face here, I got bad news for you. Tell you what, when I'm off this train I'll post some stuff showing that the normalised, inflation adjusted average wage is higher now than in the early 1980s when I started driving, which no doubt you'll ignore or come back with totally irrelevant crap like you did before, "cars were easier to repair in the early 80s" no shit, Sherlock.

You feign amusement, Gaywood, but seething resentment and jealousy positively boils from your every post my old son, sorry. :DD

When all is said and done, even if I am talking crap, I'm the one getting back into a £70k Porsche, so y'know, I'll get over it. :D


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:22 
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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:22 
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Wait, showing mean wages going up in isolation means nothing doesn't it? Surely you have to factor in how much the cost of living has gone up in that time as well. If wages have doubled (adjusted for inflation) but house prices have gone up 10x and cost of living has gone up 4x then disposable income is less, surely?

Also the mean average of wages going up could also point to the rich getting richer and the poor getting poorer. Perhaps the median wage would be a better indicator, but still not a brilliant one.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:25 
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Lonewolves wrote:
Wait, showing mean wages going up in isolation means nothing doesn't it? Surely you have to factor in how much the cost of living has gone up in that time as well. If wages have doubled (adjusted for inflation) but house prices have gone up 10x and cost of living has gone up 4x then disposable income is less, surely?

I'm a bit confused about what a study where the youngest cohort is "people aged 21 in 1995" has to do with Millenial spending habits, too.


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:26 
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Cavey - your argument was that living standards and normalised wages have improved. This isn't the case, despite what your document shows. Basically, because of the cost of houses, food, etc that increase in NET pay is not reflected in day to day life. From your friends at the ONS:

http://webarchive.nationalarchives.gov. ... 351467.pdf

Quote:
Nominal wage growth below the rate of price inflation has resulted
in real wages falling for the longest sustained period since at least 1964.


Quote:
Real wages growth was volatile during the 1970s when inflation rates were high and variable. Since
then growth has fluctuated less, but has been on a broadly downwards trend. There appear to have
been small step changes down in real wages growth occurring around the end of each decade,
perhaps in response to the UK or global recessions which occurred at those times. Annual real wage
growth averaged 2.9% in the 1970s and 1980s, then roughly halved to 1.5% in the 1990s. The rate
slowed again to an average of 1.2% in the 2000s, and real wages fell by 2.2% per annum between
Q1 2010 and Q2 2013.



http://www.bbc.co.uk/news/business-36903032

Quote:
He said: "The UK has experienced the most prolonged pay squeeze in over a century in wake of the financial crisis, with young people feeling the biggest pay squeeze of all."

Millennials - people aged 34 and under - earned £8,000 less over the course of their 20s compared to the generation before them, he added.


http://www.bbc.co.uk/news/uk-england-36896085
'Some workers earning less than four years ago, figures show'

http://www.ier.org.uk/news/real-wages-h ... ut-recover
'Real wages have been falling since the 1970s and living standards are not about to recover'

etc etc

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:36 
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Trousers wrote:
I am off to go and do this in March.

I've never done one of these things before. My Dad did one years ago at Castle Combe and from being a boy racer he shat his pants and drove a Formula Ford round in Milk Float mode to the point where it took him that long to do the lap we figured he had spun off and died.

So how do I not end up like that? Any tips?


These are awesome, me an my brother did one a few years back. Don't worry too much about the single seaters as there's a 4000RPM rev limiter (with the gearing, this limits top speed to around 60-70mph, which is plenty enough!) Fantastic to drive an actual racing car, no road car can even touch it for the experience. :)

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:38 
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Cavey wrote:
no road car can even touch it for the experience. :)

Not even a £70k Porsche? Wow. It must be amazing then.


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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:39 
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Aren't we talking about 18 year olds, not 38 year olds?

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:40 
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For flips sake, it says allowing for inflation, people. I hardly think the ONS are going to make that mistake before making their (crystal clear) assertions. It also says ALL age groups, not just 38 year olds (or whatever). Read it.

As for the ONS being supposedly wrong, well, take that up with them, I've said all I need or want to say about it, case closed.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:43 
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Doctor Glyndwr wrote:
Cavey wrote:
no road car can even touch it for the experience. :)

Not even a £70k Porsche? Wow. It must be amazing then.


Oh man. Sour grapes much? Shit, you could keep the whole country in wine vinegar for a year! :D

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:46 
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Cavey wrote:
For flips sake, it says allowing for inflation, people. I hardly think the ONS are going to make that mistake before making their (crystal clear) assertions. It also says ALL age groups, not just 38 year olds (or whatever). Read it.

As for the ONS being supposedly wrong, well, take that up with them, I've said all I need or want to say about it, case closed.


Nobody's saying it's wrong. That report is just irrelevant to the topic. It talks about earnings growth for people who reach the age of 39, having been 21 in 1995. It doesn't even slightly touch on disposible income or even earnings for those who are currently 18-21.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 18:47 
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It also doesn't touch on cost of living increases.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 19:04 
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Cavey wrote:
For flips sake, it says allowing for inflation, people.

But inflation has nothing to do with disposable income.

[edit] In this context.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 19:06 
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Cras wrote:
Cavey wrote:
For flips sake, it says allowing for inflation, people. I hardly think the ONS are going to make that mistake before making their (crystal clear) assertions. It also says ALL age groups, not just 38 year olds (or whatever). Read it.

As for the ONS being supposedly wrong, well, take that up with them, I've said all I need or want to say about it, case closed.


Nobody's saying it's wrong. That report is just irrelevant to the topic.


Here's what I said:

Quote:
Are we seriously arguing that normalised, mean wages haven't increased from the 1980s?


Here's a typical responses:

Quote:
Hahaha! Anecdote = fact it seems.

Quote:
They haven't, they've actually gone down a little

Quote:
This is an amazing post. I might print it out and frame it. Bravo.


And yet, here's what the ONS have to say, as quoted:

Quote:
Rather than track a cohort over time it is also possible to look at a snapshot of earnings in any particular year. In 1975 the median wage, the value at which half of employees earned less and half earned more, was £6.17 (in 2013 prices). By 2013 the median had risen to £11.56 per hour, an increase after taking account for inflation of 87%.

Looking across the age range we can see that for all age’s employees in 2013 on average earned more than their counterparts within the same age group did in 1975.


Note the near doubling of inflation adjusted median wages and ALL AGES employees on average earning more than mid-70s counterparts. ALL.

Of course, any reasonable person, a gentleman, might say "... yeah, fair do's Cavey, that's fair comment", but that's having a laugh isn't it? For once, though, I honestly don't mind because the evidence is *so* unequivocal and the egg on faces is reaching truly epic proportions given all the trolling and suchlike, it doesn't matter what you, or anyone else says.

Quote:
It talks about earnings growth for people who reach the age of 39, having been 21 in 1995. It doesn't even slightly touch on disposible income or even earnings for those who are currently 18-21.


Except it very much does talk about the significantly increased, inflation adjusted earnings of ALL age ranges (by definition including the early 20s whom I was referring to), as per above, as clearly the case even in my summary bullet points posted, let alone the actual linked document! You may also find Figure 1 on page 3 of the pdf quite informative; this shows a clearly enhanced real-terms increased median wage for the early 20s etc etc.

In the nicest possible way I have better stuff to do than to try to argue white is white with you guys so either believe it, or not, I really don't care. :)

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 19:09 
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Cavey wrote:
Here's what I said:
Quote:
Are we seriously arguing that normalised, mean wages haven't increased from the 1980s?

But you said it in response to

Quote:
Can you demonstrate that levels of disposable income for people in their 20s has grown in the last thirty years?

which isn't the same question at all.

And
Quote:
Hahaha! Anecdote = fact it seems.

is obviously a response to the next bit of the post you, er (I'm trying not to say "cherry picked from" after what happened yesterday) made more efficient for our eyes:
Quote:
Aside from the basic facts of the situation, you know I was actually there, right? So I can tell you first hand what it was like, not only for young people as I was, but also our parents and neighbours. Not one new car on our street, for instance; my old mum sewed and repaired all out clothes as kids, and we ate very basic home cooked food, and this despite both my parents working full time.

I mean, that's totally an anecdote. There's less dickish ways of saying it, of course.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 19:14 
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You seriously don't think that by showing ONS data for people in their early 20s which absolutely objectively proves that the median inflation adjusted income for these specific age groups has gone up - a lot - in REAL TERMS - is not showing they have more disposable income than in the early 80s? Seriously, I give up.

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 Post subject: Re: Gas Guzzling Money Pits
PostPosted: Mon Jan 23, 2017 19:14 
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normalised wages = removing non-recurring expenses

Where I come from, mortgage/rent, food etc are recurring expenses.

Your ONS stats - which aren't wrong, just not the full picture - don't include these factors.

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