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How does "median income" drop for "everybody"? At any rate, it depends on the timescale. The upper quintile (and decile, and percentile) took a really huge hi
by aetherson 13y ago
How does "median income" drop for "everybody"?
At any rate, it depends on the timescale. The upper quintile (and decile, and percentile) took a really huge hit in the 2008 recession, but before and since that, they've been doing a lot better than the middle deciles.
- saraid216 13y ago> How does "median income" drop for "everybody"? I believe the attempted claim is that "for these various populations that constitute 'everybody', their median income has dropped in each population". So if "everybody" is these 6 guys over here ("say hi, Bob"), and you split them into 2 groups of 3 guys, and then check the median income of both groups, the claim is that both groups have a lower median income.