Thread: Inequality
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Old 02-19-2008, 07:21 AM   #69 (permalink)
Ustwo
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Quote:
Originally Posted by Tully Mars
Where did you get these figures?




These numbers make more sense.



Let's say 45 to 50K-

http://www.census.gov/Press-Release/...th/002484.html

As far as median v. average. I think, could be wrong, that median works better here. Median is the middle regarding population. Half the people make more and half the people make less, again I think. Whereas average means all the income divided by the population. So if you had a population of 1000 people and every one made one dollar a year except one who made a trillion dollars your average would be a lot closer to the trillion number then the dollar.
Savings rate has nothing to do with it. As for the numbers, there was a post in the general board, and then one here where host was using a source that didn't support him, claiming it supported him, which flat out stated that while there are different costs the amount of disposable income was the same.

I'm to lazy to dredge them up right now.
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