Nice economy, shame about the wealth

We've got such a great economy in Britain haven't we? An astonishing achievement for this New Labour government I'm sure you'll agree. I think you'll also agree that it's even more astonishing, in light of our great economic powerhouse, that the 'average household' got poorer in 2003-2004. As the Times says, this revelation (we knew it was true anyhow - we could feel it) is shocking precisely because it comes out of a clear blue sky.

New Labour, new rules and this one's a humdinger.