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Old 09-08-2006, 05:28 PM   #951
Mmmm, Burger (C.J.)
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median income

Quote:
Originally posted by Tyrone Slothrop
1) What?

eta: As for blaming it on Bush, I previously posted that this trend has been going on for ~30 years, but has become more pronounced in the last ~6 years. There is a debate about why this is, and people point to a number of facts, none of which seems to be dominant.

2) Exactly. Median income is down. People at the top are making a heap more.
1) No, my point is that the fact that median income goes down in a state that manufactures cars, when those cars aren't being sold, doesn't tell us much about the health of the economy or the distribution of wealth. Yes, it tells us that wealth isn't being distributed to auto workers. But that's uninteresting--wealth isn't being distributed to plenty fo unemployed people.

2) Cite please?*


*That is to say--the DFP map doesn't tell us that, so what's your point? The same one as from weeks ago, which is income disparity has increased.

ETA: For example, this, which does a much better job of making your point than the DFP (although the peak in income inequality appears to be in the last year of Clinton.)

That said, the flaw in this study is that it identifies only that the top people are making more money, not that the same people are making more money. Big difference.
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Last edited by Mmmm, Burger (C.J.); 09-08-2006 at 05:32 PM..
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