australopithecus
Active Member
ArthurWilborn said:Ah, the constant cry of the bully, that the target is just taking things too seriously.
Nothing in this thread has even remotely constituted bullying. Just saying.
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ArthurWilborn said:Ah, the constant cry of the bully, that the target is just taking things too seriously.
australopithecus said:ArthurWilborn said:Ah, the constant cry of the bully, that the target is just taking things too seriously.
Nothing in this thread has even remotely constituted bullying. Just saying.
ArthurWilborn said:Yes, excuse me. Here you go.
http://www.jewishworldreview.com/cols/sowell050503.asp
Your Own Source said:What does it take to reach the top 20 percent in income? In 2001, it took a little less than $85,000 -- for a whole household!
To reach the top 5 percent, you need an income of about $150,000 -- again, for a whole household. A middle-aged couple who have worked their way up in middle-class jobs, over a period of decades, can reach this peak -- and have much of it taxed away.
ohcac said:Why *should* a fat-ass, lazy, irresponsible dufus who has inherited his fathers money in a situation akin to Billy Madison have more of his money extracted from him just because he doesn't work hard? Does the quality of not working hard mean that one forfeits their property to the state more than a poor person who works his ass off every day? I think the notion "Robin Hood property rights" (rich to poor "wealth transfer") is probably a fallacy.
ohcac said:I really don't understand why members of a board called the "League of Reason" can can bring themselves to believe that large scale government programs are generally a good thing that are of generally high quality.
ohcac said:In reality, however, public schools are an utterly poisonous entity that needs to be put to an end.
It is actually quite easy to see why funding via taxation leads to terrible quality *in general*. Whenever a school performs poorly in providing the service of education to students, one hears outcries to give the school *more money* via taxation. In free markets, institutions that manage their structures of production in such a way that the service is poor should get punished by their consumers and receive less money so that superior competition prevails. Whatever your opinions on free markets or competition based economic structures, it is abundantly clear that public schools are terrible because they have no incentive to provide a higher quality service. The same is probably true of other government programs deemed "essential" by the generally ignorant general public.
kenandkids said:ArthurWilborn said:Or, you know, getting older, gaining experience, moving into better paying positions. Go into a typical minimum wage job site and look around - the people there are going to be younger then people doing engineering or management. You are assuming that people do not change and improve on their own - blatantly false from everything behavioral psychology tells us.
WOW! Millions of Americans are going to be very heartened that even though they used to have good jobs before those jobs were outsourced or the unions busted and they had to take minimum wage or $10 per hour jobs, all they have to do is get older to go back to having living wage jobs. Thanks Arthur, you provided a much needed feeling of relief.
Meanwhile, back in RealityLand, more and more people of all ages are working at minimum wage, or slightly higher waged, jobs because decent wages are so scarce. McDonalds just hired 50k people, most of whom were NOT kids. Walmart is the number one employer, and most people make slightly over minimum wage. The overwhelming majority of jobs in most regions are market, retail, or food, and these jobs do not pay well, nor are they filled exclusively by young people.
devilsadvocate said:Are those inflation corrected amounts? It's kind of meaningless to compare dollar amounts between relatively long stretches of times unless you correct them for inflation. For reference total amount of inflation from June 1999 to June 2011 is ~35%.
Because that's exactly what Arthur's presented.kenandkids said:Why do I have the feeling that this is like the old joke:
Bill Gates walks into a bar with 20 labourers, on average they were all billionaires.
ArthurWilborn said:If you would have read the FIRST PAGE, you would see that all figures are in 2009 dollars.
kenandkids said:Why do I have the feeling that this is like the old joke:
Bill Gates walks into a bar with 20 labourers, on average they were all billionaires.
Median is a type of average.devilsadvocate said:Those figures Arthur posted were median incomes (unlike Arthur mistakenly wrote), not averages.
Aught3 said:Median is a type of average.devilsadvocate said:Those figures Arthur posted were median incomes (unlike Arthur mistakenly wrote), not averages.
)O( Hytegia )O( said:Because that's exactly what Arthur's presented.kenandkids said:Why do I have the feeling that this is like the old joke:
Bill Gates walks into a bar with 20 labourers, on average they were all billionaires.
A joke.
The problem is that he's the only one that doesn't see the punch line.
Okay, I suppose it depends on definitions. I was just making the point that it's not incorrect to describe a median as an average (i.e. a measure of central tendency). This is a relatively minor point anyway.)O( Hytegia )O( said:No.
Mean is the Average.
Median is the direct middle number in a set. If it's an even-numbered set, then it's the average of the two middle numbers.
Mode is the number that is mostly used in a set.
3rd grade, kids.
ex.
1 2 2 3 4
Mean = (1+2+2+3+4) / 5
Mean = 12 / 5
Mean = 2.4
Median = 2
Mode = 2
ArthurWilborn said:)O( Hytegia )O( said:Because that's exactly what Arthur's presented.
A joke.
The problem is that he's the only one that doesn't see the punch line.
Yeah, don't use facts or anything to counter my argument, just SAY I'm wrong without saying why. :roll:
Yes, I confused median and average, silly me, doesn't impact my point at all. It actually makes it a little better since a median is less skewed by extreme outliers.
)O( Hytegia )O( said:I would be more concerned with the Mode of a set, regardless. If there was a line required for economic survival, and the Median was JUST ABOVE that line, it is a cause for concern.
Even though, technically, the median places it in, a perspective where the middle of a set is - it doesn't include economic distribution. You need all three factors to take any number set into practice.
So, Arthur, do tell: What's the MODE for this set?
If it's minimum wage, you and I both know that you can't be economically secure working at Mickey D's. I'll post more after my PT test today.
Welshidiot said:I have to support Hytegia here. From the point of view of demographics the median is rarely of great significance, the mean is much more useful, but if you want to get a good idea of how most people are actually living then it's the modal average that is most enlightening.
And so I echo Hytegia's question for Arthur: What's the MODE for this set?
ArthurWilborn said:I can tell you this; the income is tracked by household.
)O( Hytegia )O( said:ArthurWilborn said:I can tell you this; the income is tracked by household.
Cool.
Since you're so fond of statistics, what's the last population cap of homeless people? I'm sure if you plotted those on this chart here, the Mean, Median, AND Mode would be significantly altered to the point where it would be more than an uncomfortable thought in the back of your head.
If the truth of the world is laden within straws, call them what you must. Just don't avoid the tough stuff with fluff and rainbows.
:lol: