Thread for obviously newsworthy stuff

[Giancarlo]

Lol. Asshat in 2020.

[Kidlicious]

I asked you first. When you respond to my question (with an answer, not another question), then I'll respond to yours.

Whatever. I just showed a graph. So you don't care to tell us why you don't seem to understand why Median HH income decreased in 2001?

[JohnT]

I asked you first. When you respond to my question (with an answer, not another question), then I'll respond to yours.

[Kidlicious]

So, why don't you tell us what you're looking at?

Why don't you tell us why you are looking at 2001? That should be good.

[JohnT]

So, why don't you tell us what you're looking at?

[Kidlicious]

Asshat 2020

[Kidlicious]

JohnT has a lot of trouble with simple graphs.

[JohnT]

Not too sure if this reply was to me, but HHI is usually measured on the median, not the mean/average. Even if you Google "average HHI" or "mean HHI", your results will come back with "median HHI".

https://www.google.com/search?safe=off&ei=rICRW4vAAceotQWckJDYCQ&q=average+household+income+adjusted+for+inflation&oq=averqge+household+income+adjusted

[Giancarlo]

Mean, sorry.

And this is more what I meant:

https://www.washingtonpost.com/news/...heyre-falling/

Sorry for being vague.

Wages have been flat or declining, and inflation is eating into wage growth at a accelerated pace.

Kidiot will just say we need to wait for the trickle down. *rich ******* unzips pants*

Edit: http://nymag.com/daily/intelligencer...past-year.html

Since that legislation’s [tax scam] passage, economic growth in the U.S. has actually slowed; consumer spending and wage growth has been tepid; and business investment, unremarkable.

Economic growth is slowing too.

[pchang]

Umm no, chart title says Median explicitly. I think you confusing that with the mean.

[Giancarlo]

Are we great yet?

https://amp.cnn.com/cnn/2018/09/06/us/cincinnati-active-shooter-report/index.html

We seem to have mass shootings every single day now. What's the solution? More guns? Why is it red states have more mass shootings?

[Giancarlo]

Kidiot just owned himself with a chart that proves he is nothing. Also how about posting the increasing disparity between the rich and middle, or the rich and working class? The reason why wages went up slightly is because the rich are getting more rich, while median wages are actually starting to decline.

[rah]

Well it's obvious that he didn't really know what the chart showed since he didn't provide any comment along with it. He probably just thought it was "pretty" and that somehow he could attribute the last half inch to Trump.

[JohnT]

The chart, which YOU posted, states that adjusted HH income has risen from $61,279 in 2001 to $62,175 in 2018, an annualized growth rate of 0.086%. Note, that's not "8 percent" but "8/10ths of 1%".

And this proves what, exactly? That household wages have, in fact, not grown with corporate profits? Appreciate the concession and more proof! That you don't know the difference between nominal and adjusted dollars? I thought we already had proven this, but thanks for the reminder!

Oh, and in case you decide to delete it when (if?) you realize you just self-owned yourself, here is the chart:

[Kidlicious]

US Median Household Income