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| administrator, drm, business, newsgeek, higher education, ice t, words, earn commission, pam spaulding, mp3, university, advanced, concert, forums, electric guitar, buy, pop, | Sloppy logic. If the median figure is $40K, I can replace a thousand jobs paying $39K with a thousand paying $10K and the median is unchanged. "Iraqis are sick of foreign people coming in their country and trying to destabilise their country" - guess who [ ...reply just to this | comment on the story... | next new ] 101. Re: More jobs... at Walmart by Amizeye Waswhirr at Thu 1 Sep momand son sex 6:19amscore of 1 in reply to comment 100 True — and I believe I said something very much like that momand son sex further down in my momand son sex last post. Initially, I was speaking only to jobs the new job created in this economy. I was challenging zyx's statement that "In other words, for every new minimum wage job created there were many more high-paying jobs created." |
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| The lowest quintile has fallen from 4.0% of the share of aggregate income to 3.4% (-10% change), the 2nd quitile from 10.8% to 8.7% (-19.44%), 3rd quintile from 17.3% to 14.8% (-14.5%), 4th quintile from 24.2% to 23.4% (-3.3%) and the fifth quintile from 43.8 to 49.8% pop (+13.7%). Thus the bottom 80% of pop the population has seen their share of the aggregate income decrease from 1967 to 2003, while the 5th quintile has pop seen its share increase. The largest decreases exist in the bottom 3 quintiles. This adds an additional dimension to the debate and as an aside perhaps vindicates Kerry's assertion about the decreasing middle class. [ ...reply just to this | comment on the story... | next new ] 100. Re: More jobs... at Walmart by paul_holloway at Thu 1 Sep 2:21amscore of 1.5 astute in reply to comment 79 As you just reiterated, if the median income figure did not change, then we can conclude that the number of jobs lost and gained did not change the balance of low-paying to high-paying jobs, ie, for every job created (or lost) below the median figure, a job above it was also created (or lost). |
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