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In United States
Registered May 16, 2012
taketheplunge's most recent comments:
- On Tue, 18 Feb 2014, 6:37am PST
Homeownership rate for young adults drops further,
You can be totally mentally and physically fit and still end up poor if your economy is busted.
Economy doesn't look busted to me. Looks like average wage went up 7%. Robert Reich's graph should go into the next edition of "How to Lie with Statistics" if there is a next edition.
First flaw in graph is no labels in the Y-axis.
Second flaw is no information about non-US wages. Non-US wages went up with globalization. So we are missing a bunch of wage growth. I'll bet extremely poor parts or China had percentage gains that blow away the productivity gains. This should be obvious when you are dealing with a small base.
Third flaw is why is he only going back to 1947? Quick search on Google shows many papers about productivity in the 19th century. But including that data might complicate the story he's trying to sell.
- On Wed, 3 Apr 2013, 1:46am PDT
Obama administration pushes banks to make house loans to people with weaker cred,
- On Tue, 29 Jan 2013, 12:11am PST
Here is an article that explains how Apple is missing the boat and will continue,
I didn't realize Apple was launching an 128GB iPhone, but that's great news. I would eventually like to have all of my music, podcasts, educational seminars on my phone with me without running into my carrier's bandwidth caps. One more step in doubling flash memory might not be that innovative, but it goes one more step to solving problems I'm having with storage.
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