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Tue Oct 15, 2019, 01:16 PM

Trump angrily tweets, 'Impeach the Pres.' Sure, if you say so

Last edited Tue Oct 15, 2019, 02:52 PM - Edit history (1)

Just out: MEDIAN HOUSEHOLD INCOME IS AT THE HIGHEST POINT EVER, EVER, EVER! How about saying it this way, IN THE HISTORY OF OUR COUNTRY! Also, MORE PEOPLE WORKING TODAY IN THE USA THAN AT ANY TIME IN HISTORY! Tough numbers for the Radical Left Democrats to beat! Impeach the Pres.




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Reply Trump angrily tweets, 'Impeach the Pres.' Sure, if you say so (Original post)
kpete Oct 2019 OP
katmondoo Oct 2019 #1
Iliyah Oct 2019 #2
TheBlackAdder Oct 2019 #6
LonePirate Oct 2019 #9
Eyeball_Kid Oct 2019 #3
lunatica Oct 2019 #4
flotsam Oct 2019 #5
exboyfil Oct 2019 #10
LonePirate Oct 2019 #12
Captain Zero Oct 2019 #7
maxsolomon Oct 2019 #8
exboyfil Oct 2019 #11
Farmer-Rick Oct 2019 #13

Response to kpete (Original post)

Tue Oct 15, 2019, 01:20 PM

1. BS

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Response to kpete (Original post)

Tue Oct 15, 2019, 01:20 PM

2. Median Household?

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Response to Iliyah (Reply #2)

Tue Oct 15, 2019, 01:32 PM

6. Is that the median income factoring in the Top 400 income earners?

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Response to TheBlackAdder (Reply #6)

Tue Oct 15, 2019, 01:40 PM

9. Median is not the same as average. Those Top 400 have almost no impact on the median income.

Median is the middle number when all the numbers are lined up consecutively. For instance, if there were only three incomes of $1, $4 and $100, then the median income is $4 whereas the average income is $35 - a huge percentage difference between the two. The Top 400 can skew an average somewhat but they are a non-factor in almost 200 million incomes when determining a median.

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Response to kpete (Original post)

Tue Oct 15, 2019, 01:23 PM

3. Well. First, Trumpy always lies.

Second: there are no citations in Trumpy's tweet. Where did he get this information.

Third: Wages for the vast majority of working citizens have stagnated or slightly improved over the past 20 years. So where's the big swing?

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Response to kpete (Original post)

Tue Oct 15, 2019, 01:24 PM

4. Stand back! His spittle is flying!

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Response to kpete (Original post)

Tue Oct 15, 2019, 01:29 PM

5. Mean, Median, and Mode

If 99 people earn $1 per year and 1 person earns $101 per year...

Mean is $2

Median is $51

Mode is $1

They lump the Walton and such in with fry cooks to make the truth harder to see.

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Response to flotsam (Reply #5)

Tue Oct 15, 2019, 01:41 PM

10. Median would be $1 as well

Half of the wages above and half below.

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Response to flotsam (Reply #5)

Tue Oct 15, 2019, 01:44 PM

12. The median in your example is $1, not $51.

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Response to kpete (Original post)

Tue Oct 15, 2019, 01:38 PM

7. Lets say 100 is the median and there are 300 families

So 150 families above median and 150 families below median.

All 150 below 100 could be making 10.
149 above could be making 101
And 1 family above could be making 5,000,000.

And the median then is 100. Same number of people above and below. Maybe that's a tick above the previous median which might have been 98.

But, Overall, how are those 300 families doing ?

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Response to kpete (Original post)

Tue Oct 15, 2019, 01:38 PM

8. Thanks, Obama!

Yes, Impeach the President. I agree with President Sociopath.

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Response to kpete (Original post)

Tue Oct 15, 2019, 01:43 PM

11. Of course more people are working

Our population keeps increasing. Our labor participation rate is down form its high though.

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Response to kpete (Original post)

Tue Oct 15, 2019, 01:48 PM

13. The workforce participation rate has actually gotten worse under the orange fool.

It was 67% in Sept. 1999 and it is 63.2% in Sept 2019. So a larger percent of people are not working today than 20 years ago.

It was 64 to 65 percent during the last crash.

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