(Feb 14, 2018 03:53 AM)Syne Wrote: (Feb 14, 2018 03:47 AM)RainbowUnicorn Wrote: ok so show me what the most common income is
what is the mode income ?
show me the data that shows mode income
You're asking me because you can't find it yourself. You know why?
Because it is economically meaningless, and most people are smart enough to realize that.
It's like asking what the mode denomination in a currency is. The dime (ten cents) being the most common denomination of currency tell us zero about the economy.
you make a good point but i think its for the other side of your arguement.
money circulation is critical to any economy.
it drives business.
knowing what denomination of currency is most used or in majority distribution gives you an ability to gauge the black market & basic inflationary principals.
india is a good example.
congrats Narendra Modi
The irony of the debate is that most wishing to cover up the most common wage are the same people whom profit directly from taxation systems.
Government contracts political wages & bribes/Donations/Loby-money etc...
having excess low denomination coins(or notes) in the market drives up inflation(as you would know if you read on economics)
Quote:You're asking me because you can't find it yourself. You know why?
incorrect
i am asking you to see if you have any basic comprehension of the average living conditions of the average US working class family.
The Data its self is owned by private companys or requires heavy registration processes to aquire.
the collection and questioning is deliberately done to fudge the data to pander to rich elites and fool the average working class tax payer.
more soo my primary point is the deliberate fudging of data and scientific terms to give false information to the public to appease the lower middle class into thinking the poor hoards are further from their door step than they might wish to believe.
it panders directly to political fraud to obtain votes based on lies of the true finacial condition of the people and the nation.
much the same conversation if your talking about illegal immigrants stealing jobs and driving up crime and the cost of building a wall and whos going to pay for it, and if it is economically sound etc etc...
what jobs ?
how much are those job worth ?
what crime ?
how much is that crime worth ?
who is paying for the jobs ?
who is paying for the crime ?
how much will a wall cost ?
what will the average working class person and their children have to go without to pay for the wall ?
if no one is going to pay for it before it is built where is the money coming from and is it real money ?
can you trust the information being given when there is no one handing over the money but the wall is being built ?
is it ok for the government to print more money(currency manipulation or quantitative easing?) to lend to its self to then take off the tax payer without the tax payer choosing that ?