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| motherfucker, dining, postings, perfect, game, pam\'shouse blend, kevin dillon, jeremy piven, independant, discussion, fantastic, mother son., name development, db2, bfd, cunt, academe, deep house, comments, | Still, we can take lyrics some of the lyrics 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. There are a number of problems with using the lyrics 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 that certain quintiles are worse off than they truly are. |
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| You could have 49.9% of the independant population making $18K per year, the next .2% making $45K and the remaining 49.9% making $1M a year and your median is you guessed it, $45K. So median alone, and whether it moved doesn't actually show what you think it does. So your median would remain fixed at last years rate and the number of people who are making less money falls. One would also need other statistics as well such as the mean, independant mode, stdev, etc. to properly characterize what has happened [ ...reply just to this | comment on the independant story... | next new ] 74. Re: More jobs... at Walmart by zyxwvutsr at Wed 31 Aug 5:31pmscore of 1 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. |
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