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| mp3 music, ftaa, branding, zoe records, theater, film reviews, cutting edge music, comment, bestincest stories post, for, independent artists, affiliate programs, perfect name, wearable, bbs, afilliate, teaching, online music, board, shocking, | There are a number of problems with using the median income to judge how well off people are. You mentioned one of those problems — not being able to consider changes to the distribution of income. Another problem is that median income does not take tax policy into account, and so skews the picture to indicate girlfriend that certain quintiles are worse off girlfriend than they truly are. (There is an additional complication to taxes due to the progressive nature of the income tax versus the regressive nature of payroll taxes.) One girlfriend thing we can say is that the people who say that most newly created jobs pay much less than the jobs they replaced haven't got any objective data to prove their claim. [ ...reply |
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| to properly characterize what has happened [ ...reply just to this | comment theater on the story... | next new ] 74. Re: More jobs... at Walmart by zyxwvutsr at Wed 31 Aug 5:31pmscore of 1 theater in reply to comment 62 ...income is not normally distributedObviously not. Nor is it bi-modal — it's actually fairly flat. Unfortunately, the Census Bureau doesn't summaries of the data the way we would need them to in order to settle the issue conclusively. Still, we can take theater some of the available information and look for patterns that we would expect if there had been more low-income jobs created than higher-income jobs. Specifically, in the case where the median income were flat, we would expect to see the mean of the first quintile to go down if there were an increase of very low-paying jobs. What we see in reality is that when the median remained flat (or nearly so), the lowest quintile mean remained flat (or nearly so) simultaneously. |
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