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Response to highplainsdem (Original post)

Thu Feb 16, 2012, 01:00 AM

14. the headline appears to be deceptive or confused

The article talks about a rise in INCOME, yet the headline says WEALTH.

The two are often conflated, or confused. We say rich or wealthy when we mean high INCOME rather than high WEALTH. The two are often connected, with high income people able to accumulate more wealth, and with wealthy people able to generate high incomes off of their wealth, but they are not always the same, as Allan Iverson's financial troubles show. He made massive amounts of income, and now he is broke. Mike Tyson, Elton John, Michael Jackson. The media is full of stories about people who made/make lots of money but still have financial troubles. Harder to find stories of people who once had $50 million in wealth but are now broke, but such things may happen.

Either way, a million in income is not the same as a million in wealth.

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Arrow 22 replies Author Time Post
highplainsdem Feb 2012 OP
noel711 Feb 2012 #1
PSPS Feb 2012 #2
FarLeftFist Feb 2012 #3
Neue Regel Feb 2012 #7
SDjack Feb 2012 #4
russspeakeasy Feb 2012 #5
pkdu Feb 2012 #6
elleng Feb 2012 #8
jmowreader Feb 2012 #12
xtraxritical Feb 2012 #15
Rosa Luxemburg Feb 2012 #9
crunch60 Feb 2012 #10
Rosa Luxemburg Feb 2012 #20
bayareaboy Feb 2012 #11
jmowreader Feb 2012 #13
HangOnKids Feb 2012 #17
LineNew Reply the headline appears to be deceptive or confused
hfojvt Feb 2012 #14
harun Feb 2012 #16
Kellerfeller Feb 2012 #19
unionworks Feb 2012 #18
sdfghytyt Feb 2012 #21
unkachuck Feb 2012 #22
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