expat_panama
Gold Member
- Apr 12, 2011
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First, 1979 was in a flat period in income growth and 2007 was at a peak. Percapita income grew 73%. If they had picked 1983 to 2011 when percapita growth was 63%, the numbers for the top earners would be more up to date but the increase would have been less.That is an odd year. I did a little research and it seems the avg. teacher pay tripled in that same time period. I'm not that great at math, but I believe that's more than 275%......1979 as the STARTING DATE??? Because you want a MONSTROUS RATIO to rattle the class warriors...
Secondly, you're absolutely right about not being good at math. A 100% increase is doubling. A 200% increase is tripling. Multiplying by 3.275 is a 275% increase.
This ABC News rant is filled with lies. The entire disparity is removed just by adjusting their numbers to include government support, and proportion for hours worked, education, years on the job, and the fact that young people start with a low income and over time work up into high incomes.