william the wie
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- Nov 18, 2009
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In real simple terms the author demonstrates that risk adjusted real income in the US has been declining markedly since at least the 1970s. There are data that permit the inference that this compounding YoY changes of personal income may date back to the 50s but the author did not use them because the needed BLS data was not yet assembled in a way that supported his conclusion. That conclusion was that swings income year over year have been increasing in frequency and amplitude and increasingly the swings are asymetrical with losses more common than increases. Also this pattern is seen at ever higher levels of income.
I posted this thread to see if anyone sees a non-insane solution.
I posted this thread to see if anyone sees a non-insane solution.