Tuesday, September 6, 2016

Using Household Data for Income Analysis is Misleading

Democrats constantly make the "income inequality" argument by citing household data from the census bureau. But they don't cite a number of important facts about the household data itself. One being that the number of people in households varies considerably (and directly) with income. Another is the composition of the households with respect to age. Higher income quintiles have more people of working age in them. This shouldn't be terribly surprising, but apparently nobody in the media is smart enough to research and report on it.

Imagine you read a report that asserted that fans in Boston spend more more on ballpark concessions than fans in Oakland do, but that report didn't mention the fact that Fenway Park is always full of people while Oakland-Alameda is not. Would you think the reporter incolved was a) stupid or b) purposely misleading?



THIis

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