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(56,582 posts)

11. Notice "share of wealth owned" is a different question?

Thu Oct 15, 2015, 01:39 PM

Oct 2015

That wasn't what we were talking about, was it?

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28 replies

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Jobless Claims in U.S. Fall to Match Lowest Level Since 1973 [View all] Historic NY Oct 2015 OP

Charts FBaggins Oct 2015 #1

Median real wages and incomes are higher now than in 1973 Recursion Oct 2015 #3

cite please uawchild Oct 2015 #4

Not your interlocutor but this is one I know well whatthehey Oct 2015 #5

Thanks for participating in this discussion! uawchild Oct 2015 #10

Notice "share of wealth owned" is a different question? Recursion Oct 2015 #11

notice that "median" income isn't what the OP was about either? uawchild Oct 2015 #19

Share of wealth is irrelevant to median income or QOL however whatthehey Oct 2015 #13

Your own chart is a good cite Recursion Oct 2015 #7

Also from the Wikipedia article Middle-Class Squeeze uawchild Oct 2015 #6

Yup. It still ends higher than 1973 Recursion Oct 2015 #8

So what's your point? JackRiddler Oct 2015 #14

As I said, that's in real dollars Recursion Oct 2015 #15

the question? uawchild Oct 2015 #17

Data trumps anecdotes whatthehey Oct 2015 #21

Platitudes trump nothing, but they satisfy self-delusions. JackRiddler Oct 2015 #24

Lets look more closely at that growth... uawchild Oct 2015 #16

You are still confusing share and purchasing power whatthehey Oct 2015 #23

Yeah, except it's in your imagination JackRiddler Oct 2015 #25

Absolute income growth for the median MEANS they are better off! whatthehey Oct 2015 #27

What does this data say to you? whatthehey Oct 2015 #12

When I was laid off June, 2009 Jimbo S Oct 2015 #18

Sounds like SOCIALISM! IronLionZion Oct 2015 #22

We also have ~44 milion people living in poverty. CentralMass Oct 2015 #26