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But we have to deal with this bs
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That's fine. My point is just that the first chart is right in line with other available data. If you find something counter to it, I'm sure we'd all be interested.
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I think what was misleading on the first graph is that it isn't specific about what the number refers to.
That $54k is only drawn from wage earners. A lot of income in America comes from non-wage sources. That makes $54k a dramatic underestimate of income.
Another thing going on here is that taking the mean, rather than median, of income will give a fairly high seeming value because of the extreme high-earners in the distribution.
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This I found on the european disaster
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I am screening the bs....
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Fed reports a lot of bs. Over-inflating numbers and under-inflating numbers for their purpose.