It has taken 20 years for the dark side of that revolution to become fully apparent: in terms of environmental damage, destruction of cherished habitats, the erosion of farmers' status in society, collapsing incomes, the criminal wastefulness of the common agricultural policy (CAP), centralised food retail systems and so on.
As the economy boomed and caseloads collapsed, incomes rose for single mothers as a whole.
There's the structured investment products that collapsed; home income plans; pension transfers from generous and subsidised final-salary schemes into high-cost personal pensions; endowment mortgages; ; and most recently payment protection insurance.
We collapsed individual income categories into a set of two variables reflecting the extreme poverty line (less than $1 per day) or above it as the reference category.
Let me guess, if food prices and demand were falling and farmers' incomes collapsing, what would be Mr Barnier's prescription?
With incomes collapsing, the economy -- which is largely fueled by domestic and tourist consumption -- started collapsing, and small- and medium-sized enterprises closed by the tens-of-thousands.
Lowest and lower-middle income categories were collapsed into a "low income" group and upper-middle and highest income quartiles were grouped into a "high income" group.
The primary driver of the 1930s deflation was the financial-crisis-inspired shortfall in incomes: When incomes collapsed in those depression years, there wasn't enough demand to keep the factories busy.
Of course, if income is collapsing, cost-cutting decisions extract pain.
In lieu of $80,000 in taxes, one company reportedly offered the government ten tonnes of toxic chemicals.On January 1st 2001, Russia flattened and broadened its personal income taxes, collapsing 12 %, 20 and 30% and 30%nto a single, uniform 13% rate.
