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In reply to the discussion: Median incomes are not growing as fast as they should be. This is true. And it is a serious problem. [View all]CJCRANE
(18,184 posts)37. I think it's the middle value, not the middle person.
I'm going to have to go and re-teach myself statistics to figure out how to illustrate an example.
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Median incomes are not growing as fast as they should be. This is true. And it is a serious problem. [View all]
DanTex
Apr 2014
OP
In the face of these wage declines, why is the primary concern what people think of Obama?
cthulu2016
Apr 2014
#1
Why do you say that when ProSense provided a chart with both real and nominal figures?
stevenleser
Apr 2014
#21
Prosense is referring to a trend in the last month/year, which is small in comparison to what is
DireStrike
Apr 2014
#53
Nonsense. The trend has been upward for the last three years. The chart shows that. n/t
ProSense
Apr 2014
#56
Yes, if you squint really hard you can see a very minor increase in real wages
DireStrike
Apr 2014
#58
"...I expected dismissal, and your comment flies in the face of the reality."
NCTraveler
Apr 2014
#13
Prosense, you have not come close to making the case that this is fundamental and structural change.
NCTraveler
Apr 2014
#22
"it seems more like vague generalities rather than specific policy objections"
NCTraveler
Apr 2014
#38
Raising the minimum wage won't have any effect on the median income, will it?
Donald Ian Rankin
Apr 2014
#15
Not really. Increasing the minimum wage improves the safety net, but doesn't help most of us.
reformist2
Apr 2014
#19
Good point. But I don't think 50% of workers are making $10 or less. Maybe 25-30% of workers.
reformist2
Apr 2014
#25
Yes, the pressure from the artificial floor should decrease somewhat as you go up, but
cthulu2016
Apr 2014
#31
As cthulu pointed out, it would likely have indirect impact on wages beyond just
DanTex
Apr 2014
#57
Proud to be the first to rec this. Obama has fought HARD for the minimum wage
Cali_Democrat
Apr 2014
#16