Economic rebound picks up - Page 3

Giancarlo · August 1, 2003, 23:03

Quote:

Originally posted by monkspider

You have never runned anything. The US is nothing but capitalist rhetoric. Please disregard yourself in this discussion.

And you are irrelevant to human kind. Please disregard yourself from this world and save yourself from your own utter stupidity.

monkspider · August 1, 2003, 23:05

Quote:

Originally posted by Fez

And you are irrelevant to human kind. Please disregard yourself from this world and save yourself from your own utter stupidity.

Wrongo, you are irrelevant to everything. Please disregard youself from this universe and save yourself from your rightist propaganda.

Odin · August 1, 2003, 23:05

Quote:

Originally posted by Boris Godunov
As unbelievable as it may be, ladies and gentlemen, it appears that Fez has Fezzed his own thread.

I think Monkspider is making a mocking Fez.

*go grabs popcorn and a soda*

Giancarlo · August 1, 2003, 23:08

Quote:

Originally posted by monkspider

Wrongo, you are irrelevant to everything. Please disregard youself from this universe and save yourself from your rightist propaganda.

You are irrelevant to human kind. Go to jail, do not collect your two hundred dollars, do not pass go.

JohnT · August 1, 2003, 23:08

Quote:

Originally posted by Boris Godunov
As unbelievable as it may be, ladies and gentlemen, it appears that Fez has Fezzed his own thread.

Didn't he do that on post 1?

Boris Godunov · August 1, 2003, 23:08

Quote:

Originally posted by JohnT
Didn't he do that on post 1?

Point.

monkspider · August 1, 2003, 23:12

PS- I love you Fez.

You're the most fun poly poster to impersonate (rivaled only by Dino-D).

Yeah, yeah, I'm a leftist commie nut and actually *I'm* the most fun Poly poster to impersonate. I know, I know.

Kidicious · August 1, 2003, 23:13

Quote:

Originally posted by Fez
Source: CATO

Nice source

That data doesn't mean anything. What matters is that during the Reagan years the people in the lower income brakets got poorer. CATO is full of crap propaganda rag **** mother ****er.

Giancarlo · August 1, 2003, 23:14

Quote:

Originally posted by Kidicious

Nice source

That data doesn't mean anything. What matters is that during the Reagan years the people in the lower income brakets got poorer. CATOs is full of crap propaganda rag **** mother ****er.

Again you are spewing nothing but garbage.

Giancarlo · August 1, 2003, 23:15

Quote:

Originally posted by monkspider
PS- I love you Fez.

And I hate you.

mrmitchell · August 1, 2003, 23:16

Poopiehead.

Boris Godunov · August 1, 2003, 23:17

This thread has been runned into the ground.

Giancarlo · August 1, 2003, 23:18

Quote:

Originally posted by Boris Godunov
This thread has been runned into the ground.

Not by me.

Odin · August 1, 2003, 23:18

Quote:

Originally posted by Kidicious
mean anything. What matters is that during the Reagan years the people in the lower income brakets got poorer. CATO is full of crap propaganda rag **** mother ****er.

That was what I was trying to tell him, but Fez never sees the light of economic justice.

Then again, he grew up when his dad worked for Haliburton, so his dad probably taught him all of that BS.

Fez, YOU spew nothing but garbage!

Giancarlo · August 1, 2003, 23:19

Quote:

Originally posted by Odin

That was what I was trying to tell him, but Fez never sees the light of economic justice.

Then again, he grew up when his dad worked for Haliburton, so his dad probably taught him all of that BS.

Fez, YOU spew nothing but garbage!

Cite, cite, cite! Otherwise, you are nothing but anti-american gunk.

Odin · August 1, 2003, 23:20

Quote:

Originally posted by Fez
Not by me.

Yes you did, by posting that worthless CATO BS.

Giancarlo · August 1, 2003, 23:21

Quote:

Originally posted by Odin

Yes you did, by posting that worthless CATO BS.

CATO is right. You are not. Case closed!

mrmitchell · August 1, 2003, 23:23

Fez, just because you say it doesn't make it true.

Considering that no one here trusts CATO, surely you could come up with another source for data? If there is only one source for data, well, then, can't be taken seriously really.

Odin · August 1, 2003, 23:23

Quote:

Originally posted by Fez
anti-american gunk.

ANTI-AMERICAN!

We commies want to save America from capitalism. Only Ameri-coms are truely patriotic.

Kidicious · August 1, 2003, 23:24

Quote:

Originally posted by Fez

CATO is right. You are not. Case closed!

They are right in what? They didn't show anything. They only fooled you, not us.

Giancarlo · August 1, 2003, 23:27

Quote:

Originally posted by Odin

ANTI-AMERICAN!

We commies want to save America from capitalism. Only Ameri-coms are truely patriotic.

You are wrong... and an idiot.

mrmitchell · August 1, 2003, 23:28

Quote:

You are wrong... and an idiot.

Boris Godunov · August 1, 2003, 23:33

Ok, I'll do it, fine.

CATO's charts are misleading because they refuse to show dollar amounts associated with each quintile. This is a significant ommission.

Here are the numbers, adjusted for 2001 dollars, from the U.S. Census Bureau:

Lowest Second Third Fourth Highest Top 5
Year fifth fifth fifth fifth fifth percent
------------------------------------------------------------------------
2001 Dollars

1989 9,679 23,989 39,876 60,318 117,911 190,503
1988 9,352 23,461 39,239 59,316 113,241 178,598
1987 9,190 23,223 38,826 58,687 111,610 175,840
1986 9,159 23,054 38,491 57,973 108,390 165,565
1985 9,096 22,485 37,242 56,007 103,310 155,254
1984 9,089 22,106 36,557 55,036 99,955 146,944
1983 8,833 21,575 35,584 53,393 96,617 141,534
1982 8,786 21,492 35,465 52,730 95,119 138,638
1981 8,995 21,556 35,603 53,033 92,894 132,239

Note that the 6% increase for the lowest quintile is, adjusted for inflation, a whopping $680 increase over 8 years. That's not much increase in spending power--in fact, it is negligible. The next two quintiles also have marginal increases. But look at that column. The richest folks had an increase of 47% in their average incomes.

See, actual numbers speak louder than pretty graphs.

Kidicious · August 1, 2003, 23:37

Mean Income Received by bottom income group
of Households (All Races)

US Census Bureau

2001 $10,136
2000 30/ 10,440
2000 29/ 10,474
1999 10,558
1998 10,003
1997 9,758
1996 9,656
1995 25/ 9,631
1994 24/ 9,171
1993 23/ 8,942
1992 22/ 9,011
1991 9,206
1990 9,449
1989 9,679
1988 9,352
1987 21/ 9,190
1986 9,159
1985 20/ 9,096
1984 9,089
1983 19/ 8,833
1982 8,786
1981 8,995
1980 9,122

There we go. 230 bucks in 8 years. Care to know how much the top group made in that 8 years? Look it up yourself instead of just reposting right wing propaganda nonsense from the ridiculous group of idiots at CATO.

Odin · August 1, 2003, 23:39

Fez is BURNNED!

mrmitchell · August 1, 2003, 23:41

You are all wrong. You are all unpatriotic communist idiots. I hate you. I'm leaving.

Boris Godunov · August 1, 2003, 23:48

What's amazing is that the lowest quintile's income was in 1991 right back where it started from in 1980.

Note that, during the Clinton years 1993-2000, the increase was nearly $1,500 2001 dollars, as opposed to Reagan's measley $680.

Kidicious · August 1, 2003, 23:53

Look at the numbers from 93' to 2000'. Compare those to the Reagan years.

Kidicious · August 1, 2003, 23:54

Dangit Boris stop that.

Boris Godunov · August 1, 2003, 23:56

Great minds...