They said ..
The lack of maths skills among school-leavers has "cost an estimated pound;9 billion to the UK economy since 1990." Reform
We say .
The way in which the right-of-centre think-tank reached the figure of pound;9 billion suggests that Reform could have done with a few more maths lessons too.
It is an extrapolation based on findings which suggest that people with maths A-level earn on average pound;136,000 more than others over their lifetimes.
Just as the more graduates there are, the less economic value there is to a university degree, so too the more maths A-level pupils there are, the less value there will be to a maths A-level.
If there had been large numbers of maths graduates in the job market 10 years ago, their skills would have been devalued. It sounds cruel but some, inevitably, would have ended up using their new A-level to calculate how much change to give with an order of Big Mac and fries.