Row 79605

Row ID: 79605 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 79605 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

> Your first paragraph is incorrect.  It does not imply almost half of citizens are worse off.

*You* pointed out the figure was median, not mean. Since the wage gains are almost exactly in line with inflation, the deviation is tiny at most. I hope you’re not making an argument to technicality, because you’ve already lost if you are.

> The lowest quintile of earners are much better off: their increases in income have far outpaced price increases.

The data does not support that. You can’t conpare CPI and wage inflation and argue they cancel out. They’re not directly comparable, as explained above.

FieldValue
text > Your first paragraph is incorrect.  It does not imply almost half of citizens are worse off.   *You* pointed out the figure was median, not mean. Since the wage gains are almost exactly in line with inflation, the deviation is tiny at most. I hope you’re not making an argument to technicality, because you’ve already lost if you are. > The lowest quintile of earners are much better off: their increases in income have far outpaced price increases. The data does not support that. You can’t con…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
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Raw Record

{
  "text": ">\tYour first paragraph is incorrect.  It does not imply almost half of citizens are worse off.  \n\n*You* pointed out the figure was median, not mean. Since the wage gains are almost exactly in line with inflation, the deviation is tiny at most. I hope you’re not making an argument to technicality, because you’ve already lost if you are.\n\n>\tThe lowest quintile of earners are much better off: their increases in income have far outpaced price increases.\n\nThe data does not support that. You can’t conpare CPI and wage inflation and argue they cancel out. They’re not directly comparable, as explained above.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1rdTNGZ2hYMkRWZU91MHc3Tzg0SzhoRWdRN1R5VGZQSWRXcGFsVmlMMkpFQVJFbGN6VXZtTXF3UF9rUl9xcmNlZkFzTjdzdGtyU0w0MkZrcm1ubElHS2c4blFRZkxnOXpSQk5hcnVIcUdJTHM9",
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}
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