tag:blogger.com,1999:blog-13522238.post8025497580973674534..comments2024-03-14T11:50:14.761-04:00Comments on DarwinCatholic: A Story in GraphsDarwinhttp://www.blogger.com/profile/08572976822786862149noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-13522238.post-54883746759874008622010-08-03T13:28:41.368-04:002010-08-03T13:28:41.368-04:00Also, good point Anthony about family make-up.Also, good point Anthony about family make-up.Darwinhttps://www.blogger.com/profile/08572976822786862149noreply@blogger.comtag:blogger.com,1999:blog-13522238.post-77013646534125551142010-08-03T13:28:16.000-04:002010-08-03T13:28:16.000-04:00Very salient point, Anon. I searched around for s...Very salient point, Anon. I searched around for some data on what the income trend has been for those born in the US, but I wasn't able to find a data set filtered that way.Darwinhttps://www.blogger.com/profile/08572976822786862149noreply@blogger.comtag:blogger.com,1999:blog-13522238.post-31122197499199213542010-08-03T11:13:34.138-04:002010-08-03T11:13:34.138-04:00One deceptive element of this type of analysis is ...One deceptive element of this type of analysis is the importance of immigration. Not the effect of immigration on wages or incomes, but the importance that you have immigrants coming in at the bottom 20%, so the 20% in 1960 is different from the 20% in 2010.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13522238.post-74075506356191631882010-08-02T19:04:15.344-04:002010-08-02T19:04:15.344-04:00There are two major factors which explain most of ...There are two major factors which explain most of that graph: the sexual revolution and health-care costs. <br /> <br />Going backwards: health benefits for most employees are not included in most calculations of "annual income" for people. Many people in the bottom 20% do get company-paid health benefits. They cost about as much for those people as they do for people in the top 20% (with some variability because people in the bottom 20% skew younger than people in the top20%, and are often the same people at different points in their life). When health benefits go from $200/month to $600/month, the folks making larger incomes still see increases in their incomes, but that change eats all the increase at the bottom end.<br /><br />The graphs show average *family* income. The average family in the 80th percentile is made up of a married couple who have no children by previous marriages (and probably no previous marriages), and who both work. The average family in the 20th percentile, these days, is a divorced or single "head of household" supporting child(ren) on one income, whether the wage-earner has custody or not.Anthonyhttps://www.blogger.com/profile/12389602137217799305noreply@blogger.comtag:blogger.com,1999:blog-13522238.post-77603433859173184372010-08-01T16:56:30.301-04:002010-08-01T16:56:30.301-04:00It would also be interesting to look at the income...It would also be interesting to look at the incomes of the top 1%.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13522238.post-84414504808460123372010-07-29T10:24:03.223-04:002010-07-29T10:24:03.223-04:00Very interesting. I wonder if what changed around ...Very interesting. I wonder if what changed around 1970 was that OPEC formed and the all oil producing countries realized that oil was extremely valuable. Since we are far more dependent on oil than most countries (owing to our great size, which requires a lot of fuel to traverse) it would stand to reason that the flow of wealth from the U.S. to the Middle East might be part of the problem.TShttps://www.blogger.com/profile/17118362963139092279noreply@blogger.comtag:blogger.com,1999:blog-13522238.post-5899533873633883612010-07-28T14:37:28.966-04:002010-07-28T14:37:28.966-04:00This comment has been removed by the author.Anonymousnoreply@blogger.com