Life in the Bush Economy
- Thread starter Cypress
- Start date
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The Almighty
like I said Dungshit your a turbolib moron. You NEVER read in the WSJ that median is up because median and average are up or down about the same.
They do not move in conjuntion top. While they do normally trend in the same direction based on the economy, it is not a given that they do so. As dung pointed out... average income can be skewed quickly by those at the top of the income scale.
Median wage is a better guage than average wage. Median income is a better guage than median wage. That is basic man.
I disagree. I think some liberal think tank thought up Dano to sway rational people away from libertarianism - because in theory it sounds nice. I have to say, its worked on me. Prior to meeting Dano on message boards years ago, I was open-minded to Libertarians - I never supported them but hadn't rule them out. After reading years and years of his dribble, I've made a sound decision not ever support a libertarian and I have Dano to thank for it.
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The Almighty
Tell you what top... You find ONE economist that says average wage/income is a better gauge than median wage/income. Just one.
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The Almighty
Take a moment to settle down top. You know we are correct. Dung already gave you an example of how it could occur. If that does not convince you then take a look at inflation adjusted median income vs. inflation adjusted average income. Average income is up over the past 6 years. Median income is flat.
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The Almighty
Most frequently used by JOURNALISTS.... ie.. people who don't understand what the fuck they are talking about. We are telling YOU that it is not relevant when discussing the state of the economy as a whole, because it is not a good guage of the economy as a whole.
Go back to economics 101 you jr collegerr....
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The Almighty
Top... this right here states you don't understand....
"Plus if your telling me average could be up 3.9% and median's way different then you must be one cold calling mofo who doesn't know shit."
"Plus if your telling me average could be up 3.9% and median's way different then you must be one cold calling mofo who doesn't know shit."
Wow, this is new stuff top is using. "list prick cold caller" Someone really pissed him off if he is bringing out new stuff. Who is this addressed to Top? I'm really wondering, and I really don't know.
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The Almighty
Average income up 3.9%.... Median income flat. That is statistically significant top.
Now go back to your MBA program and demand your money back.... because they ripped you off if they failed to get you to understand a concept so simple as the difference between average income and median income.
Here is the lesson they should have taught you top....
You have eleven people.... wages are as follows....(all in thousands)
1000
100
50
50
50
45
40
35
35
35
20
Average wage is.... 132.72
Median wage is.... 45
The people making 1000 and 100 got 10% raises. Everyone else stayed the same.
New average wage is.... 142.72
New median wage is.... 45
Average wage went up 7.5%
Median wage was flat.
Which one is the better gauge of how the economy is doing top?
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The Almighty
He is directing that at me. I am a financial advisor, so he is trying to make a feeble attempt at demeaning me by calling me a cold caller and insinuating that I churn and burn my investors. Quite pathetic actually.
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The Almighty
I think he was attempting to say listen prick... otherwise I don't get that part of his tirade.
But as hard as you try Lorax, you will not get him riled like I will. He THINKS you do not understand economics. He KNOWS that I do. That is why his panties are in such a bunch. He knows that if I am disagreeing with him on this that he is wrong.
Oh it is SF you are talking to.
Just say you were wrong. It will go away faster that way.
LOL. YOu may be right! I thought it meant you cold-called from a list. What do I know?
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The Almighty
LMAO.... FINALLY... you learned something... you jr collegr
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The Almighty
SF put your class ring back in the cereal box and go get the real numbers instead of the ones you pulled out your ass.
What's funny is you tards actually thinking your smart cause you know the difference between median an average.
The only tard on this thread is you top. YOU are the one that stated that you could not have a significant difference in growth between median and mean income. I provided an example to show that you were wrong. You respond by calling me a "cold caller".... ya really proved your point there top. Good to see you wasted all that money on your "edumacation"