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[Joel Olson]

From FB -

The bureaus that do statistics, census and labor, push Median Income, Median
This and Median That. Which is misleading. It overstates the situation. My
question is a simple one - how much do most people make? What income number
applies to the most people? (The median is way too high.) After some searching,
I found this little graph, which gives a rough answer. That is most families
make less than $25,000, and most individuals make somewhat over $25000. Which
should give you some perspective when the politicians start talking big numbers.
Or medians.

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[tim]

Post by Joel Olson
From FB -
The bureaus that do statistics, census and labor, push Median Income,
Median This and Median That. Which is misleading. It overstates the
situation. My question is a simple one - how much do most people make?
What income number applies to the most people? (The median is way too
high.) After some searching, I found this little graph, which gives a
rough answer. That is most families make less than $25,000, and most
individuals make somewhat over $25000. Which should give you some
perspective when the politicians start talking big numbers. Or medians.
http://upload.wikimedia.org/wikipedia/en/thumb/8/8f/Personal_Household_Income_U.png/220px-Personal_Household_Income_U.png

Explains why the poor find it difficult to get educations. The chart didn't
go high enough. Interesting that they are almost equal around $60/year but
badly skewed above and below.

Pity the poor top 0.01%. We should weep copious tears.