Oh dear - media innumeracy

[Colm Moore]

http://www.irishtimes.com/newspaper/...reaking22.html

Government debt at record level

...

The figures also showed a fall in the net worth of the average household to €457 billion, or €101,962 per capita. That represented a 3.4 per cent fall compared with the preceding quarter, and a 36.9 per cent drop from the peak in the second quarter of 2007.

Household net worth (all households) 457 billion
Household net worth (average household) €275,000
Household net worth(per capita) €101,962

http://www.centralbank.ie/press-area...andQ42011.aspx

[Thomas J Stamp]

since we are on a vaguely political subject, on late debate last night it was clear that one of the TD's hadnt read the Fiscal Compact Treaty, saying that we have 20 years to get down to .05% current deficit/Mid-term GDP

this morning on newstalk Ruiari Quinn was at it as well, hadnt read the articles about how the commission will deal with states which breach their targets.

I mean its not as if its a big treaty, and its obivous these guys havent actually read it. Funny how nobody in the media is pulling them up on it.

[Thomas Ralph]

I was going to say vote no, but what's the use?