drplokta: (Default)
[personal profile] drplokta
Thanks to The Register, here is a nice graph of the decline of manufacturing in the UK since 1945. You'll notice one small problem with the "decline" bit.

(no subject)

Date: 2010-02-22 03:42 pm (UTC)
From: [identity profile] childeric.livejournal.com
An absolute increase can be a relative decline. Show UK manufacturing output as a percentage of that of the whole world and I suspect that there will be a dramatically different picture. Not that that invalidates the point that that graph is making.

(no subject)

Date: 2010-02-22 10:26 pm (UTC)
From: [identity profile] hal-obrien.livejournal.com
"An absolute increase can be a relative decline."

You've been looking at Apple, 1985-2003 or so, haven't you?

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