Incomes are Rising and Poverty is Dropping, According to US Census Report
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Author Topic: Incomes are Rising and Poverty is Dropping, According to US Census Report  (Read 789 times)
Frodo
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« on: September 13, 2016, 10:18:03 AM »
And yet more Americans still think this country is on the wrong track....

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Alcon
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« Reply #1 on: September 13, 2016, 10:27:48 AM »
That's quite an impressive leap.  Interestingly, the only area where real income dropped was outside of metropolitan areas.
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Antonio the Sixth
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« Reply #2 on: September 13, 2016, 10:39:33 AM »
Still too little too late, tbh. Not that it's Obama's fault.
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Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
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« Reply #3 on: September 13, 2016, 10:44:57 AM »
Quote from: Alcon on September 13, 2016, 10:27:48 AM
Interestingly, the only area where real income dropped was outside of metropolitan areas.

Quelle surprise.
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Person Man
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« Reply #4 on: September 13, 2016, 02:17:32 PM »
It was Bush's tax cuts Smiley
This means there are more Republicans. Smiley
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Grumpier Than Thou
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« Reply #5 on: September 13, 2016, 07:31:23 PM »
Thanks, Obama.
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Maxwell
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« Reply #6 on: September 13, 2016, 11:20:36 PM »
The 22nd amendment is a fascist document.
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MK
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« Reply #7 on: September 14, 2016, 01:25:53 AM »
More propaganda.
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Landslide Lyndon
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« Reply #8 on: September 14, 2016, 01:26:29 AM »
THE FOOD STAMP PRESIDENT!
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Nhoj
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« Reply #9 on: September 14, 2016, 02:18:44 AM »
Quote from: Alcon on September 13, 2016, 10:27:48 AM
That's quite an impressive leap.  Interestingly, the only area where real income dropped was outside of metropolitan areas.
I would wager that's largely because of commodity price collapse, If you are just talking year on year.
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DC Al Fine
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« Reply #10 on: September 14, 2016, 06:45:03 AM »
Apologies for the sucky image. Once you open the image on the NYT page in a new tab, the axes disappear.



Anyway, the top chart is real median household income, and the bottom chart is the poverty rate. In the top chart, on the right, there appears to be a an adjustment or bump to household income represented by a dotted line. Does anyone know what that is?
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muon2
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« Reply #11 on: September 14, 2016, 08:31:00 AM »
In 2014 the Census changed its questions due to the Affordable Care Act. Data for 2013 shows results from both the old and new questions. The new questions resulted in an increase of 3.2% for the median income and 3.5% for the mean income.

These are the Census footnotes associated with the two values for 2013 median income.

Footnote 38
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Footnote 39
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Frodo
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« Reply #12 on: September 17, 2016, 08:22:34 PM »
« Edited: September 17, 2016, 08:28:53 PM by Frodo »
Quote from: Alcon on September 13, 2016, 10:27:48 AM
That's quite an impressive leap.  Interestingly, the only area where real income dropped was outside of metropolitan areas.

You're incorrect (though you're hardly the only one):

Actually, Income in Rural America Is Growing, Too

Quoctrung Bui @qdbui SEPT. 16, 2016

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Alcon
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« Reply #13 on: September 18, 2016, 04:40:01 AM »
^ Interesting!  I knew of the narrowness of the Census definition of "rural" but didn't think about that before posting.  Thanks for sharing that!
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