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Also, income distribution is net only a Lorenz curve if you plot it as a Lorenz curve. If net you plot, for instance, the population in $5,000 income increments, you see a relatively flat distribution, that is flatter than a normal (bell curve) distribution around the median. So perhaps if one is looking at the George Bush years mean income in these quitles has fallen even net though median income remained flatActually, median income dropped over that period, and, as you noted, the mean income for all quintiles also dropped. This is to be expected when unemployment rises since no one receiving unemployment compensation is above the median income. This adds an additional dimension to the debate and as an aside perhaps vindicates Kerry's assertion about the decreasing middle classKerry's claim of a shrinking middle class is only true if you allow him to redefine the term, or if you allow him to cherry-pick his data to fit his conclusion,Kerry's aides say he's referring to what happened in 2001 and 2002...More
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