Fwd: [Peace-discuss] Unity March this Saturday

[Karen Medina]

I found the conversation about income fantastic only.
I moved it to peace-discuss

I'll mention that a graduate student at the university makes below the
poverty level. But these students' families are always excluded from
the counts. Perhaps rightly so, but some of them are really really
struggling to get by.

-karen medina

---------- Forwarded message ----------
From: Bob Illyes <illyes at uiuc.edu>
Date: Wed, Sep 30, 2009 at 4:22 PM
Subject: [Peace-discuss] Re: [Peace] Re: [Announce] Unity March this Saturday
To: peace-discuss at lists.chambana.net
Cc: Giraldo Rosales <grosales at nitrogendesign.com>,
announce at communitycourtwatch.org, Melodye Rosales
<melodye at nitrogendesign.com>


The figure is from an AP story carried in the News-Gazette today. The
goofy analysis got a smile out of me at breakfast this morning. The
relevant part is

"The wealthiest 10 percent of Americans – those making more than
$138,000 each year– earned 11.4 times the roughly $12,000 made by
those living near or below the poverty line in 2008."

$138,000 is 11.5 times $12,000. They are comparing a typical person
(or family, if Mort is right) in poverty with the lowest income of the
upper 10%. It's apples and oranges. The actual spread between the two
groups is and must be many times the 11.4.

Bob

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