PoliticalChic
Diamond Member
Well, perhaps there is....but it isn't what you've been told it is. Shocker: the Left lies.
1. Yesterday, I posted this quote from Obama as " stupid, ill-informed and outright dishonest:"
"Obama: Income Inequality Is 'Defining Challenge Of Our Time'"
Obama: Income Inequality Is 'Defining Challenge Of Our Time'
As is his wont, my pal wingy leapt to his hero's defense. He said:
"Obama said increasing income inequality is more pronounced in the United States than other countries. He said Americans should be offended that a child born into poverty has such a hard time escaping it. "It should compel us to action. We're a better country than this," the president said."
2. As Longellow famously wrote.." And things are not what they seem."
Obama....(you think he doesn't know the truth), and rightwinger, have fallen into 'the Worstall Fallacy:' " You cannot go around trying to decide on how much we must do to solve some problem unless we take account of what we already do to try and solve that problem.
3. .... we cannot look at the number below the poverty line and then immediately assume that we must increase the EITC, SNAP and Section 8 programs. .... [instead, let's] see how much poverty there is left after what we already do can we even consider what we must do next.
4. So it is with inequality. All of the numbers that are being thrown around are the inequality of market incomes..... that means before the influence of the taxation system and most of the welfare and benefits system. " US Inequality Is Not At All Like You Think It Is - Forbes
In order to make the case that government should be even bigger- because the poor are falling further and further behind- the Leftists look at 'market income:'
a. Market Income: Total income before tax minus income from government sources. Market income
This is the kind of lie that statisticians use, knowing that the root cause of poverty is not being employed....not working!
Of course the 'market incomes' will be small or non-existent!!
Is there a more 'honest' way to measure?
There sure is a far better way to judge poverty: disposable income.
Folks use this to buy stuff.
And the broadest and most accurate measure of living standard is real per capita consumption. That measure soared by 74% from 1980 to 2004. The Equality Of Reaganomics - Forbes
Between 1973 and 2004, it doubled. And between 1929 and 2004, real per capita consumption by American workers increased five fold. The fastest growth periods were 1983-1990 and 1992-2004, known as the Reagan boom.
BTW....in judging policies...not what happened to disposable personal income under Obama:
. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession | The Weekly Standard
So...the problems that Obama and wingy are wringing their hands over? Obama caused them.
5. Wingy quote Obama: "... increasing income inequality is more pronounced in the United States than other countries."
But "... almost every other country reports theirs after the influence of those two systems. The US is more unequal than most countries but not by as much as the officially reported figures would lead you to believe." US Inequality Is Not At All Like You Think It Is - Forbes
6. "... of course the most obvious way of reducing inequality is to tax those rich people more and give the money to the poor. But if were measuring everything by market, before tax and redistribution policies, incomes then were committing Worstalls Fallacy. Were trying to decide what we should do without taking account of what were already doing."
Ibid.
1. Yesterday, I posted this quote from Obama as " stupid, ill-informed and outright dishonest:"
"Obama: Income Inequality Is 'Defining Challenge Of Our Time'"
Obama: Income Inequality Is 'Defining Challenge Of Our Time'
As is his wont, my pal wingy leapt to his hero's defense. He said:
"Obama said increasing income inequality is more pronounced in the United States than other countries. He said Americans should be offended that a child born into poverty has such a hard time escaping it. "It should compel us to action. We're a better country than this," the president said."
2. As Longellow famously wrote.." And things are not what they seem."
Obama....(you think he doesn't know the truth), and rightwinger, have fallen into 'the Worstall Fallacy:' " You cannot go around trying to decide on how much we must do to solve some problem unless we take account of what we already do to try and solve that problem.
3. .... we cannot look at the number below the poverty line and then immediately assume that we must increase the EITC, SNAP and Section 8 programs. .... [instead, let's] see how much poverty there is left after what we already do can we even consider what we must do next.
4. So it is with inequality. All of the numbers that are being thrown around are the inequality of market incomes..... that means before the influence of the taxation system and most of the welfare and benefits system. " US Inequality Is Not At All Like You Think It Is - Forbes
In order to make the case that government should be even bigger- because the poor are falling further and further behind- the Leftists look at 'market income:'
a. Market Income: Total income before tax minus income from government sources. Market income
This is the kind of lie that statisticians use, knowing that the root cause of poverty is not being employed....not working!
Of course the 'market incomes' will be small or non-existent!!
Is there a more 'honest' way to measure?
There sure is a far better way to judge poverty: disposable income.
Folks use this to buy stuff.
And the broadest and most accurate measure of living standard is real per capita consumption. That measure soared by 74% from 1980 to 2004. The Equality Of Reaganomics - Forbes
Between 1973 and 2004, it doubled. And between 1929 and 2004, real per capita consumption by American workers increased five fold. The fastest growth periods were 1983-1990 and 1992-2004, known as the Reagan boom.
BTW....in judging policies...not what happened to disposable personal income under Obama:
. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession | The Weekly Standard
So...the problems that Obama and wingy are wringing their hands over? Obama caused them.
5. Wingy quote Obama: "... increasing income inequality is more pronounced in the United States than other countries."
But "... almost every other country reports theirs after the influence of those two systems. The US is more unequal than most countries but not by as much as the officially reported figures would lead you to believe." US Inequality Is Not At All Like You Think It Is - Forbes
6. "... of course the most obvious way of reducing inequality is to tax those rich people more and give the money to the poor. But if were measuring everything by market, before tax and redistribution policies, incomes then were committing Worstalls Fallacy. Were trying to decide what we should do without taking account of what were already doing."
Ibid.