RE: White House pays its staff $38,796,207.

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RE: White House pays its staff $38,796,207. - 7/2/2010 3:57:44 PM

Elisabella

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quote:

ORIGINAL: Musicmystery

Got a source?

You're still just pulling this number from nowhere.

Inflation alone: What cost $32,000 in 2003 would cost $37,234.41 in 2009.

As I already showed you, even the 2006 data exceeds this.

Sorry. We just make more money than that on average.

He's not pulling the number out of nowhere:

But as statisticians will tell you, the median is widely accepted as a more accurate way of representing data than the mean, so the median American income, given the same qualifiers is $32,140 each year.

http://www.buzzle.com/articles/average-american-income.html

That's the average American income, not the average statewide income.

The figures are from 2005 because that is the last time the Census calculated them.

According to the US Census Bureau in 2005:
The median household income was roughly $46,000.
The median annual earnings for someone in the labor force age 25 or older were $32,000.
The median household per capita income, the amount of money households are able to allocate to each of their memebers, was $24,000.

< Message edited by Elisabella -- 7/2/2010 3:58:50 PM >

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RE: White House pays its staff $38,796,207. - 7/2/2010 4:01:02 PM

Musicmystery

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quote:

The figures are from 2005 because that is the last time the Census calculated them. There are no 2009-2010 numbers to show the average American income, which is what was asked.

No, that's not true--two of us have quoted 2006 studies, and this is for 2010:

quote:

per capita income in 2010--which of course includes everyone not working, all children, everyone--is $46,400.

https://www.cia.gov/library/publications/the-world-factbook/geos/us.html

Also, the first median link I gave covers all counties in all states. I quoted only a few NY ones--but go have a look. Even the poor states are far higher than $32,000.

They'd have to be---or it would be impossible to have a per capita income of $46,400 in 2010!

Besides, obviously we collect income data constantly.

< Message edited by Musicmystery -- 7/2/2010 4:07:39 PM >

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Post #: 42

RE: White House pays its staff $38,796,207. - 7/2/2010 4:09:08 PM

Elisabella

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To be honest I'm not sure how to interpret that, if the US is in the middle of a recession and the average person's income increased by $14,000 over the past 5 years.

I'm wondering if the way they calculate income based on GDP is not the same way they calculate it based on Census figures or something because that just seems like a very big leap in a very short amount of time.

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RE: White House pays its staff $38,796,207. - 7/2/2010 4:10:58 PM

Musicmystery

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The U.S. has been out of recession for a year (and with healthy growth)--though there are fears of a double dip (can't have a second dip without a recovery!), and of course, job recovery is slow and credit is still tight.

< Message edited by Musicmystery -- 7/2/2010 4:11:54 PM >

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RE: White House pays its staff $38,796,207. - 7/2/2010 4:11:35 PM

thompsonx

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quote:

ORIGINAL: Musicmystery

What is it with you guys and your persecution complexes? And from dominants?

Ohhh is that what this is about....is your dominance being challanged by your ignorance? And I thought it was just a little ignorance on your part.

This is just going in endless circles. You have outdated info. How do I know that? Gee...must be from looking at it.

Well it is dated at the top of the page so you would not have had to read very far.

Despite more current information disproving your claim, despite that inflation alone would outdate that information in six years, reality is, your number is low..

Your numbers were all from new york state and reflected the median income of that state. You do not seem to know what the word median means.
Three people: one makes 100 million dollars a year the one makes fifty million and the third makes 30,000
The median is 50,000,000.
Your turn:
One makes 100 million two make 50 million and 100 make 30 thousand.
What is the mean, the median, the mode and the range?
Like you say numbers are bitchy that way.
Now if you feel unable or unwilling to discuss this like an adult then feel free to walk away as you started to x many post ago.
To quote harry callahan "a man's got to know his limitations"

Numbers are bitchy that way.

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Post #: 45

RE: White House pays its staff $38,796,207. - 7/2/2010 4:12:48 PM

Elisabella

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quote:

Also, the first median link I gave covers all counties in all states. I quoted only a few NY ones--but go have a look. Even the poor states are far higher than $32,000.

I actually can't find on that site whether those figures represent average individual income or average household income...my guess would be those show household income, because it's talking about mortgage assistance.

< Message edited by Elisabella -- 7/2/2010 4:13:22 PM >

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RE: White House pays its staff $38,796,207. - 7/2/2010 4:14:05 PM

Musicmystery

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tommy, you're the one who keeps crying you're being picked on. Come on.

As for the rest, the numbers have been presented and your claims corrected repeatedly, including the points in bold above. Read a few posts before yours.

Whatever man. This is just silly.

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RE: White House pays its staff $38,796,207. - 7/2/2010 4:15:58 PM

Musicmystery

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quote:

ORIGINAL: Elisabella

quote:

Also, the first median link I gave covers all counties in all states. I quoted only a few NY ones--but go have a look. Even the poor states are far higher than $32,000.

I actually can't find on that site whether those figures represent average individual income or average household income...my guess would be those show household income, because it's talking about mortgage assistance.

It shows a couple of different ways. I quoted the single person one, but household data is there two. Look at the links on the start page to get into the different tables.

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Post #: 48

RE: White House pays its staff $38,796,207. - 7/2/2010 4:19:40 PM

Elisabella

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Are you talking about this link?
https://www.efanniemae.com/home/index.jsp

I can only find one section for median income, and I don't see it split into individual/household but rather single family mortgage and multifamily mortgage.

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RE: White House pays its staff $38,796,207. - 7/2/2010 4:36:43 PM

thompsonx

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quote:

ORIGINAL: Musicmystery

tommy, you're the one who keeps crying you're being picked on. Come on.

Nous avons eleve les cochons avec moi?
I have said nothing about being picked on are you projecting?

As for the rest, the numbers have been presented and your claims corrected repeatedly, including the points in bold above. Read a few posts before yours.

Well that is your opinion and "opinions are a lot like assholes ...everyone has one and most everyone feels thiers works best for them.

Whatever man. This is just silly.

Arithmetic not your long suit?
The median is 50,000,000
the mean is 197,087
The mode is 30,000
The range is 99,070,000

So you see that all but three of the 103 people in my question make 30,000 the median is 50,000,000.
My point is either you are ignornat and are just talking out of your ass or you are being intentionally disingenuous.
In either case do try to have a nice day.

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RE: White House pays its staff $38,796,207. - 7/2/2010 6:48:13 PM

TheHeretic

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All I can say at this point is, thanks for not using the quote feature, Muse.

_____________________________

If you lose one sense, your other senses are enhanced.
That's why people with no sense of humor have such an inflated sense of self-importance.

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RE: White House pays its staff $38,796,207. - 7/2/2010 7:48:18 PM

joether

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'Average Income' is a rather misleading concept for most Americans to understand. The 'layman's' term of the phrase, means 'money earned over a year'. A more technical defination, is also, a more complex, but complete understanding.

For instances, let us say $35,000, was considered the 'average income' of Americans. In a nation with 330 million (and another 12-17 million aliens), that average is taking a heavily liberal view of the concept. The use of 'liberal' in this context, is in no refrence to the political struggle of 'conservative Republican vs. liberal Democrat'. It is to mean, the stretching of the concept ($35K) tries to simplify a tremdeous amount of information, in to a tiny and easy to understand concept.

There is not just one industry within the USA. There are, a few hundred industries, and most of those broken in to, second, third, and even fourth tiered industries. The Automotive industry, takes industry from rubber (tires), metal frabrication (steel), education (acedemics), and a few others. This helps them product their primary product/service: a car. Secondary products and services, are also used, with a combination of industries. So, those whom earn income, will also share differences in the average income. Those in the seafood industry, are not doing so well, and will see growth of pay reduced for a few years. The health care profession will see the average income increase, both due to new regulations, and the aging Baby Boomer population goes in to their senior years.

Also, the nation is not limited to just one geographic area. While we could use geographic areas like 'New England' and 'The South', it doesn't help in understanding income. Likewise, using states is not a real close understanding of incomes. Those in a city, are generally higher then those out in the 'sticks'.

If you have read this far, take everything I just pointed out, and throw it out. Why type it? It is how you understand income. Income, is not 'Gross Profit', but 'Net Profit'. What a person makes in a year, is actually higher, then their income. After expenses (long and short term), taxes (local, state, federal), and other costs (buying latex catsuits is expensive =[ ), one has their income. This is the problem most people have with anything related to money. When they complain about taxes being high, they are really complaining, that they spend nearly high on the hog. After all, someone whom has a salary and benefits of $55K/year, makes less, then one whom has a package of $125K/year. But if I said, the $55K guy lives as if he were earning $51K/year, vs the other guy whom is constantly maxing out his credit cards and in debt (with a yearly 'salary+credit usage) of $138K/year. Yes, the second guy makes more, until you start looking at the financials of both guys.

The person making $125K/year pays more in taxes, then the guy earning $55K/year. Yet, the guy making $55K/year is earning more money. The creation of wealth, is NOT, solely about 'how much income one makes in a year'. But what one DOES with that money in a year. Keeping a budget month to month IS a chore. But the pay off, is certainly worth the effort over the long term. I have met professionals that believe 'Income' is the end equation, and never factor in all things they do in a year.

For instances. How much did you pay in taxes last year?

Think of that number in your head. Then read my next post below.

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RE: White House pays its staff $38,796,207. - 7/2/2010 8:21:56 PM

joether

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quote:

How much did you pay in taxes last year?

Now, I did not ask how much you paid in state and federal INCOME taxes, did I? You assumed that all on your own. Every time you purchased gas for your car/truck? There federal and in most cases, a state tax on gasoline. Was that number factored in to your asnwer? How about sales tax? Meal tax? Estate Tax? Yes, there are hundreds of possible taxes you might have incurred in that year. Did you factor those taxes in to your number as well?

Of course you didnt! That is not a bash, as most people dont think it that way. Generally, people believe 'taxes = state & federal income taxes'. Even though, all those other taxes, are counted against their income in the year. Heck, some fees and charges, could also be argued as being considered a tax!

Income should be thought of, as the 'Net Profit' of You, Inc. If You, Inc. made a profit from investments (one of those being your job), then that is a good thing. If you had a lost, you should look and examine how that happened. Unfortunately, we Americans (and to a fair degree, people in other countries), have been programmed over a century, to associate 'purchasing' to 'being successful' in life. At one point, having a car in a family's driveway in the 1940's was a sign of a successful person. Each decade brought more, and in some cases, complicated things that NEEDED to be purchased. If only for others to see, and say "those Franklins down the street are successful in life". For example, in my area, the observation in the past decade was literally:

"2-3 vehicles, two of which are SUV's. Big house costing $300+, with 200 feet of land to a side. Afford 'college' for both kids at anything besides state college/universities. Latest technology devices and trips to other parts of the world at least 8 times/year."

Yes, that is no exaggeration. The number of families that liberally put on a huge amount of credit debt, has been staggering. The 'straw that broke the camel's back', was the finacial crisis the country just recently experienced. People have been programmed to think on something so deeply, that now, that concept is impossible to achieve. A human response is to lash out to external entities, rather then take ownership of how one was manipulated and willingly 'bought' in to the concept of material wealth. We all watched it, scores of people complaining about taxes, national debt, and so on. Even though, those things did not contribute to the individuals income.

So yes, the concept of 'Income' is alittle more complex, and the majority of people simply can not handle the concept. It is to daunting of a task for them. I don't blame them for admiting it. But to talk about income, like it is the 'end all' and 'be all' of the question, is rather insane. Using the concept of 'income' as just one part of the over all picture, is a better way of understanding the question being asked. Since I know a guy, whom, because of circumstances, pays not a cent on income taxes to the state and federal. Yet, he makes tons of money. For most of you, that would seem like a paradox. So, try not to dwell on 'income' but rather, think of yourself as a corporation (You, Inc.). You have a balance sheet (Assets - Expensives = Owner's Equity), and should know your Return on Investment (ROI) as a person. That would be a much wiser way of understanding the 'Income/year' equation.

If you think of yourself simply as an ROI in life, then you are missing out on alot of OTHER things in life. Not one economist can put an accurate price on a good SM session with your favorite Dom/sub, right?