My point was that what we call poverty, isn't.
Other poor people are worse off than some of the lower class nations....we're the God damn United States of America....we have wealth and a stable middle class...oh wait, that's Mexico....Our poor people are better off then the middle-class of some 1st world nations
Pre-Sure 500k may be average for people who read business weekly....
stats 101 use median to nullify outliers
stats 101 is more than most Americans have in terms of understanding statistics
Comparing median income to average income over time is actually rather indicative of wealth in this country.
In the last 20 or so years the dip in median income/mean income shows how income at the top is increasing with respect to the average American income, thereby causing a bigger gap. And that's just since the late 1980s, I'd love to see that graph starting 20 years earlier.
I'm anxious to hear what 1st world nations have a middle class worse off than our poor class.
I doubt the median net worth in this country is even the 57k figure boutons used if all things (credit card debt, car loans, etc.) are factored in. Somewhere between 75-80% of this country lives paycheck to paycheck and the bottom 45-50% of the country either make just enough to meet basic needs or don't make enough to meet basic needs.
The Walton family is already worth more than the bottom 40% of this country, it's only a matter of time before we return to 1910 where the top 1% control the wealth, the next 10-15% get their bread crumbs and still live comfortably, while the bottom 80-85% has absolutely nothing.
Last edited by DUNCANownsKOBE; 06-01-2013 at 10:40 AM.
We're not discussing worldwide poverty, we're discussing wealth in America.
But I guess I'm glad you got that out of your chest
Well, tell that to Shazbot.We're not discussing worldwide poverty, we're discussing wealth in America.
But I guess I'm glad you got that out of your chest
I haven't seen him post anything about poverty outside of America in this thread... link?
That the poor in Kenya is probably worse off than the poor in America doesn't do anything for the poor in America. The odds that the guy that's struggling to pay the bills and can't get a job is thinking "hey, at least I'm not in Kenya!" is probably bordering on 0%.
The odds that conservatives are saying to that guy, "Hey! At least you're not in Kenya!" is probably bordering on 100% though
Cobra is a libertarian... don't get it wrong...The odds that conservatives are saying to that guy, "Hey! At least you're not in Kenya!" is probably bordering on 100% though
I thought he's a "Conservative Libertarian" whatever the that meansCobra is a libertarian... don't get it wrong...
WC thinks if an American is living better than an couple-dollars/day African or Chinese peasant, the American isn't poor.
Just like he said Americans need to accept lower wages to compete with East Asians.
It's the collapse of home prices.
It's the stagnation of household income since 1980, the disappearance of well paying, middle class jobs, which is tied to the VRWC busting unions going back to St Ronnie busting the air traffic controllers
Took a while to flesh out median vs mean tbh.
to DoK
to WC
per par.
Your personal bias is noted. The reason for the thumbs down is???Took a while to flesh out median vs mean tbh.
per par.
Your interjection of worldwide poverty as a barometer for assessing the financial health of a median US household. This has been pointed out already though. The only question now is how many people will have to point out that fact before you acknowledge it.
I am pointing out that poverty is the wrong term in Boutons post.
It really annoys the out of me that someone, who is apparently smart and educated, can be so closed minded. I understand the losers here doing it, but you?
How many times have I pointed out that one is ignorant and unethical when they assume and attack instead of ask for clarification?
Last edited by Wild Cobra; 06-02-2013 at 05:36 PM.
lol i dont buy that the avg household income is 57k, let alone assets worth 500k...not many ppl own a home outright anyway
claiming something the bank owns lol...fake ass statistics
-nv-
see above "average vs median".
USA is VERY WEALTHY but it's extremely unequally held.
eg, 10% of American's own 90% of stocks, avg CEO makes 400+ times the avg salary, etc, etc, etc.
Hey head, the fact that you have needed to point that out so many times should tell you what a ing idiot you are.
No one else has trouble "clarifying" on here, ya know why? Because its the ing Internet and everyone else thinks before they type!!!!
Lol, you're dumb as .
Says one of the average poli ical alliance of these forums.
No. It's you guys. Either so stupid that you don't want to ask for clarification, or so unethical that you spin a persons view purposely.
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