Saturday, October 22, 2011

50% of All Workers Made Less than $26,000 in 2010 + 99% of Americans Made Less Than $250,000 in 2010

[mEDITate-OR:
not see that it is even worse than Daniel and Derek point out.
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As you too will see in the charts at the bottom..
what is also true is that some of U.S. are still making a lot more money.
Two industries - medical and biotech/science - are
while two industries - construction and restaurants - are not.
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While TJefferson tried to tell U.S. that "all men are created equal"...
it was a left leaning (no pun intended) fictional Animal Farm to point out
that some "animals", sadly, "are much more equal than others"


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JGBellHimself's Comment.
As tcolgan points out this can, if not fully understood, be very misleading.
Given that, we would paraphrase Dan:
that since half of U.S. make less than US$ 26,000 a year
- men a little more and women a little less -
being a single mother with 2 kids in an average household of three is

VERY DIFFERENT than a couple earning US$ 250,000 each
- and that does not include their investment income.
However, in fairness, Dan was an "investment bankster" and probably did not work with either of them, and more likely than not has never met a single mother, or Those People living on only SS benefits. Except possibly his own, sooner or later.
Half of U.S.  have incomes of less than US$ 25,000; but, if we deport all those immi-grunts, the numbers will go up, won't they.

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50% of All Workers Made Less than $26,000 in 2010
http://www.theatlantic.com/business/archive/2011/10/50-of-all-workers-made-less-than-26-000-in-2010/247059/
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99% of Americans Made Less Than $250,000 in 2010
http://www.theatlantic.com/business/archive/2011/10/chart-of-the-day-99-of-americans-made-less-than-250-000-in-2010/247105/
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