181–190 of 232 posts
Earlier quoted context omitted.
What jobs did the teens from affluent families get instead of fast food service?
Not the OP, but likely many of them didn't get jobs at all because they didn't need to.
Earlier quoted context omitted.
The claim I objected to is much more nonsensical based off of a median figure than it is when based off of a mean. You use median income if you want a sense of how much money a "typical person" earns as opposed to how much the entire population earns collectively. But neither median nor mean will tell you anything at all about the shape of the distribution. And yes, as dragonwriter points out, your own link clearly s…
You're probably right that Ed was referring to the mean. However, Real Median Income was only $29k in 2008 https://fred.stlouisfed.org/series/MEPAINUSA672N While Real Mean Income was $42k https://fred.stlouisfed.org/series/MAPAINUSA672N
I'm still struggling to understand why you responded to my original comment in the first place. What point are you trying to make? The median income value tells you absolutely nothing about the relative numbers of people making incomes other than the median value.
Earlier quoted context omitted.
>The Census Bureau releases estimates of household money income as medians, percent distributions by income categories, and on a per capita basis. Estimates are available by demographic characteristics of householders and by the composition of households
Yes, later in the article it says that, too. Which still is inconsistent with your claim; both the median and the usual average, the mean (per capita), are reported, it is not the case that just the median is used and reported as the "average".
PER CAPITA INCOME[4] Table 1: 2007 Estimate is $27,834, but they use the Median not the Mean as you assert...
https://www.census.gov/prod/2009pubs/p60-236.pdf
Edit Neither of you understand there is a difference between what the Census Bureau Considers the Mean and Median Income. Failing to understand that Median Income is not simply half on this side and half on the other is your problem, feel free to read
Earlier quoted context omitted.
You're probably right that Ed was referring to the mean. However, Real Median Income was only $29k in 2008 https://fred.stlouisfed.org/series/MEPAINUSA672N While Real Mean Income was $42k https://fred.stlouisfed.org/series/MAPAINUSA672N
Do you happen to know why, according to that wikipedia page, "According to the U.S Census Bureau 'The per capita income for the overall population in 2008 was $26,964'", whereas according to the source of your charts (which suggest that citations should credit the Census Bureau!), it was $38,376? ( https://fred.stlouisfed.org/series/MAPAINUSA646N ). One of those is being seriously adjusted. I tend to suspect it's the…
Feel free to take a gander at the Census Bureaus reporting of Personal Income. Table 1 Page 7. https://www.census.gov/prod/2009pubs/p60-236.pdf
Do they use Median or Mean? $27,834
Edit Dragonwriter, You don't understand the difference between Mean and Median Income, hint its not what you think it is
Earlier quoted context omitted.
Yes, later in the article it says that, too. Which still is inconsistent with your claim; both the median and the usual average, the mean (per capita), are reported, it is not the case that just the median is used and reported as the "average".
Strange, perhaps you should tell that to the Census Bureau. PER CAPITA INCOME[4] Table 1: 2007 Estimate is $27,834, but they use the Median not the Mean as you assert... https://www.census.gov/prod/2009pubs/p60-236.pdf Edit Neither of you understand there is a difference between what the Census Bureau Considers the Mean and Median Income. Failing to understand that Median Income is not simply half on this side and ha…
> The data shown in this section are per capita incomes and their respective confidence intervals. Per capita income is the mean income computed for every man, woman, and child in a particular group. It is derived by dividing the total income of a particular group by the total population in that group (excluding patients or inmates in institutional quarters).
Please try to make arguments that aren't immediately falsified by the quotes you cite in "support".
> Edit Neither of you understand there is a difference between what the Census Bureau Considers the Mean and Median Income. Failing to understand that Median Income is not simply half on this side and half on the other is your problem, feel free to read http://mcdc.missouri.edu/allabout/measures_of_income/
Sure. From that link:
> The median of a distribution is the one that ranks in the middle; since there are 98,003 households in this county we can imply from the median that if you ranked all the households in this county by their income the one in the middle (ranking 49002) would have an income of $34,157.
Earlier quoted context omitted.
Yes, later in the article it says that, too. Which still is inconsistent with your claim; both the median and the usual average, the mean (per capita), are reported, it is not the case that just the median is used and reported as the "average".
Strange, perhaps you should tell that to the Census Bureau. PER CAPITA INCOME[4] Table 1: 2007 Estimate is $27,834, but they use the Median not the Mean as you assert... https://www.census.gov/prod/2009pubs/p60-236.pdf Edit Neither of you understand there is a difference between what the Census Bureau Considers the Mean and Median Income. Failing to understand that Median Income is not simply half on this side and ha…
Earlier quoted context omitted.
Do you happen to know why, according to that wikipedia page, "According to the U.S Census Bureau 'The per capita income for the overall population in 2008 was $26,964'", whereas according to the source of your charts (which suggest that citations should credit the Census Bureau!), it was $38,376? ( https://fred.stlouisfed.org/series/MAPAINUSA646N ). One of those is being seriously adjusted. I tend to suspect it's the…
Can't speak for wikipedia or those who make the edits, frankly the only reason I responded to you is I know you're confused and so is dragonwriter. Feel free to take a gander at the Census Bureaus reporting of Personal Income. Table 1 Page 7. https://www.census.gov/prod/2009pubs/p60-236.pdf Do they use Median or Mean? $27,834 Edit Dragonwriter, You don't understand the difference between Mean and Median Income, hint…
You have to read the footnotes.
Status, status, status. Another way to think of it might be: How much would I have to pay you for you to walk around with a small amount of shit on your forehead all day? We have somehow gotten ourselves in the position where manual labor relegates one to be a social untouchable. This means that anyone with a shred of self-interest gets out ASAP, which means the political power of labor is disproportionately weak in…
Status, status, status. Another way to think of it might be: How much would I have to pay you for you to walk around with a small amount of shit on your forehead all day? We have somehow gotten ourselves in the position where manual labor relegates one to be a social untouchable. This means that anyone with a shred of self-interest gets out ASAP, which means the political power of labor is disproportionately weak in…
If farm work paid 200,00$/year, farmers would all of a sudden have status. Status follows money, not the other way around.
Farm workers would have status. (Of course, farmers would also have to make a lot more than they do now, or require far less hired labor, for farm work to typically pay $200k/yr.)