Thread: Unions
View Single Post
Old 04-16-2008, 10:05 AM   #27 (permalink)
Shek
Military Professional
Moderator
 
Join Date: 02-23-05
Location: Krblachistan
Posts: 7,982
Country:
Quote:
Originally Posted by ba1025 View Post
How does the median income of Americans being 6% smaller than the Average income of Americans 10 years ago jibe with the picture of Capitol suffering under labor abuses? Capitol's share of the nations wealth has risen in comparison to Labors as evidenced by the growing distance between what the average and median incomes. It would appear to me the greed is on the high end not the low end or the average persons wages wouldn't be so far behind the average wage.
What was LeBron James' wealth ten years ago? What is it today? How do you classify him? Capital? Labor?

How does his rise affect the median? How does his rise affect the mean (average)?
__________________
"So little pains do the vulgar take in the investigation of truth, accepting readily the first story that comes to hand." Thucydides 1.20.3
Shek is offline   Reply With Quote