Wednesday, September 14, 2016

Lying with statistics...

Greetings good citizen, today's topic is self-evident...although once again the timing of such a proclamation is suspect as well as the quality of the data used...although the rich getting richer only makes it APPEAR that all boats are rising!

The 'average household' the fifty percent point in the payroll data remains where it was two decades ago, hovering around $25,000 but the 'median household income has risen 5.2% to the vicinity of $52,000 for the 'median' household.

The first number is arrived at by adding up the numbers of workers to find the halfway point and add up what each decan makes until you equal the number of people.

The second figure is what you get when you divide down ALL the money in the economy by the number of households are two very different animals, don't you agree?

The other puzzling factor is the timing of this revelation, is the current POTUS trying to enhance his legacy or are Republicans fearful of an angry public?

The cannon has been pointing at the One Percent for quite some time and our two frontrunners are card carrying members of that club. Do they have anything to worry about?

We have seen the damage 'meat-puppets can do, hell, Bill Clinton, running as a Democrat, single handedly DISMANTLED THE 'NEW DEAL' AND SCRAPPED WELFARE WHILE HE WAS AT IT!

Here, a kid from Arkansas nobody knew from Adam yet he managed a Rhodes scholarship before becoming Governor of a poverty-stricken state. He then used it as a springboard to the presidency! [How curious is it that despite being the home to America's largest single employer, Arkansas remains poverty-stricken?

How suspicious is it that things like Rhodes Scholarships and Ivy League degrees serve more as a 'pedigree' than proof of excellence?

How odd that you can learn the EXACT SAME body of knowledge at a Community College and all it will do is open the doors to the world of convenience store management while the IDENTICAL degree from an Ivy League school opens the doors to the corridors of power.

You come out with the same knowledge but the difference is the COST!

Well, good citizen, look at what electing IVY LEAGUE MORONS has cost the nation!

I have long advised that our entire political process is nothing more than the 'illusion of participation'...sure, you're allowed to vote for the 'candidate of your choice' but did you notice that lately is doesn't matter WHO we elect to the White House, the outcome remains unchanged...

And the current two aren't even on the SAME PAGE as the rest of us regarding the issues facing this nation/world!

Rinse & Repeat time good citizen...you know what to do.

You may have noticed for a number that is approaching a hundred TRILLION, the $52K per household number appears a little low but, like the mid-point in the income distribution, a lot of what the 'fat cat's' get isn't considered 'income' and a few Fortune 50 CEO's take only $1 as a salary, sort of skewing their real take by an order of magnitude!

This is how they get to claim things are getting better [and for them they are, a lot better than what they tell you in fact! But the 'median' has zero basis in reality. How pitiful is it that household income of $52K puts you in the seventy-th percentile? True median household income remains in the $37K range (assuming two wage earners)

I'm hip-shooting here, did research on the subject a decade ago and these figures are based on that. If you use the workers divided by the income level you'll find these numbers have hardly changed and that's what we're up against.

You are continually being tasked to do 'more with less'.

Well, we all know what happens to prices after the inauguration, don't we?

Now reflect for a moment on what your life would be like if the 'income distribution' was more 'equitable'?

The only thing stopping you from getting what's yours is YOU!

Thank you for letting me inside your head,

Gegner


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