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| arman zajic, critical preference, debi mazar, cheryl hines, 504boyz — ( moving things lyrics ), indies, usertalk:24.147.248.130, indie, administration, drowned in sound uk, ernest ozuna, donal sutherland, | recently, unemployment has declined iraqeye to 5.6% in June, lower than the annual average for 2002 or 2003. Also, a different set of income figures collected quarterly by the Department of Commerce show income per capita (from all sources, not just wages) rose significantly faster than inflation in 2003...We now know that income remained flat from 2003-2004 and unemployment dropped, so iraqeye while the middle class isn't growing, neither is it shrinking. [ ...reply just to this | comment on the story... | next new ] 114. Re: More jobs... at Walmart by Disgruntled Engineer at iraqeye Thu 1 Sep 11:48amscore of 1 in reply to comment 104 Ok not nitpicking just providing some info you might find interesting as may others. I found two links which I think refute your claim of a flat distribution for income and which discusses inequality in one. They are: Income Inequality Evidence for the exponential distribution of income in the US Take a look at the distribution graphs of both. |
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| Also, income distribution is only a Lorenz curve if you plot it as a cheryl hines Lorenz curve. If you plot, for cheryl hines 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 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 cheryl hines 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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