"Damned liars", Pete. ******************************* Henry George School of Social Science of Los Angeles Box 655 Tujunga CA 91042 818 352-4141 *******************************
> -----Original Message----- > From: [EMAIL PROTECTED] [mailto:futurework- > [EMAIL PROTECTED] On Behalf Of pete > Sent: Monday, May 30, 2005 4:03 PM > To: [email protected] > Subject: [Futurework] FW: class consumerism > > > On Mon, 30 May 2005, "Cordell, Arthur: ECOM" > <[EMAIL PROTECTED]> > quoted: > > >NY Times > > > >May 29, 2005 > > > >When the Joneses Wear Jeans > > > >By > <http://query.nytimes.com/search/query?ppds=bylL&v1=JENNIFE > R > >STEINHAUER&fdq=19960101&td=sysdate&sort=newest&ac=JE > NNIFER > >STEINHAUER&inline=nyt-per> JENNIFER STEINHAUER > > > > [...] > > >Even where luxury-good prices have remained forbiddingly high, > some > >manufacturers have come up with strategies to cast more widely > for > >customers, looking to middle-class consumers, whose incomes > have > >generally risen in recent years; the median family income in the > United > >States grew 17.6 percent from 1983 to 2003, when adjusted for > inflation. > > Hmmm. These numbers seem to be directly at odds with some > others which > have gone by recently, which have suggested that incomes of the > lower 80% > of americans have lost ground against inflation, while the > increasing > incomes of the top 20% have overwhelmed this trend to yield a > rising > average. But this latter characterization would result in a dropping > median, contrary to this report. I wonder who is in error here, or > if some sort of glib manipulation of statistics is at work on one side > or the other. > > -Pete _______________________________________________ Futurework mailing list [email protected] http://fes.uwaterloo.ca/mailman/listinfo/futurework
