The Progress & Freedom Foundation Blog (blog.pff.org):
… Still more: the shrinking of the American consumption gap -- which attests to the dramatic increase in the standard of living of our lower and middle classes -- could reverse. As Michael Cox of the Dallas Fedhas shown: if we compare the incomes of the top and bottom fifths, we see a ratio of 15 to 1. If we turn to consumption, the gap declines to around 4 to 1. A similar narrowing takes place throughout all levels of income distribution. The middle 20 percent of …
Supply Excellence (www.supplyexcellence.com):
… cost can not go to zero…can it? With a slightly different perspective on things, it turns out that cost can nearly go to zero. A couple of months ago in the New York Times, I picked up a couple ofinteresting sourcing related facts: In 1984, it would have taken an American working at the average salary 435 hours to earn enough to buy a PC and 456 hours to earn a cellular phone. These two staples of modern life that many of us lug nearly everywhere we go would have taken you more …
Supply Excellence (supplyexcellence.com):
… cost can not go to zero…can it? With a slightly different perspective on things, it turns out that cost can nearly go to zero. A couple of months ago in the New York Times, I picked up a couple ofinteresting sourcing related facts: In 1984, it would have taken an American working at the average salary 435 hours to earn enough to buy a PC and 456 hours to earn a cellular phone. These two staples of modern life that many of us lug nearly everywhere we go would have taken you more …
Newsvine - Get Smarter Here (www.mridulchadha.newsvine.com):
… Asking a Judge to Save the World, and Maybe a Whole Lot MoreSeeded By Dan LSYou Are What You Spend …
Newsvine - Get Smarter Here (markowen.newsvine.com):
… Impact of the Heparin Drug Scare - Imported Medicine - China - New York TimesSeeded By camdicYou Are What You Spend …
Newsvine - Get Smarter Here (badcreditcreditcards.newsvine.com):
… Asking a Judge to Save the World, and Maybe a Whole Lot MoreSeeded By Dan LSYou Are What You Spend …
Newsvine - Get Smarter Here (www.newsvine.com):
… Asking a Judge to Save the World, and Maybe a Whole Lot MoreSeeded By Dan LSYou Are What You Spend …
Newsvine - Get Smarter Here (ardith.newsvine.com):
… Asking a Judge to Save the World, and Maybe a Whole Lot MoreSeeded By Dan LSYou Are What You Spend …
pursuing holiness in daily life » Pursuing Holiness (pursuingholiness.com):
… puts you in the top 2% of Americans — then the problem is you, not the country. Precisely. But as to the poor people that all this populist rhetoric exploits, how meanly are we really treating them? This earlier post of mine goes into some detail:This New York Times op-edtakes a new look at American poverty and concludes that the gap between the rich and the poor in this country is shrinking, not widening - at least in terms of consumption. To understand why consumption is a better guideline of economic prosperity …
Conscious Consuming (consciousconsuming.blogspot.com):
… this article, "You Are What You Spend," …
Warning: Shiva could be hazardous to your health. — Unsound Medical Advice (www.unsoundmedicaladvice.com):
… century modern economic growth was associated with dramatic increases in average income levels. However, this growth was not necessarily associated with human welfare or quality of life improvements. Discuss this statement. The statement is false. AsCox and Alm point out in their recent editorial in the New York Times, in America, living standards have been rising for decades. An unprecedented number of Americans enjoy access to the latest technology and services. Even the lowest-income quintile of the population enjoys a full quarter of the consumption of the …
Milton J. Madison (madjaymon.blogspot.com):
… number, one is not looking a the full picture. Beside migration between groups from year-to-year or over longer periods of time, one also must look at thing other than the top line revenue number as reported by individuals on their tax returns, aswritten in an opinion piece in the unrepentantly anti-Bush and uber-liberal New York Times... The top fifth of American households earned an average of $149,963 a year in 2006. As shown in the first accompanying chart, they spent $69,863 on food, clothing, shelter, utilities, transportation, health care and other categories of consumption. …
Word Around the Net (networdblog.blogspot.com):
… show an interesting trend: tax cuts for poorer people were higher than for more wealthy, and the earning power has risen for poorest people faster than others. He also has one important stat to remember in this discussion: Finally, keep in mind theNew York Times articletwo weeks a ago that pointed out that while the bottom quintile has $9,974 in income per household a year it spends $18,153. That means non-cash assistance (as well draws on savings in the case of retired or unemployed payers) nearly doubles the actual …
keeping feet (joannal.blogspot.com):
… day a week for rest and reflection- a "sabbath" of sorts. I think this is a great idea- he talks about it as a Secular Sabbath, but Christians could do it too.This week I'm praying for Kenya along with my church as violence continues. Stay informed.You are what you spend? Really interesting graphs. Check it out.The Indianapolis Magazine has a feature on what people actually spend. See The Contented Bachelor, The Indebted, The Man of Means, The Material Girl, and The Stay-At-Home Entrepreneur …
Gongol.com (gongol.com):
… Income inequality doesn't tell the whole storyTrade and technology are improving living standards for just about everybody UNI student government campaign goes up about 20 notches One ticket for NISG president and veep has purchased billboards and cable TV ads …
-Ni Howdy- (nihowdy.blogspot.com):
… two are about income disparity in the U.S. The final one is part of the Drew Carey Project for reason.tv. Laffer Curve Part I (video) Laffer Curve Part II (video) The Upside of Income Inequality (article by a Nobel Prize and the Clark Prize winners)You Are What You Spend( NY Times Op-Ed from two guys at the Dallas Federal Reserve Bank) Education Revolt in Watts (reason.tv video) …
left cheek (leftcheek.blogspot.com):
… The authors of thisNY Timesop-ed piece argue that there are other ways of counting the gap between the haves (in this case specifically, the top one-fifth) and the have-nots (the bottom one-fifth) of the American economy. Count what they spend. The difference is quite …
left cheek (leftcheek.blogspot.com):
… The authors of this NY Timesop-ed pieceargue that there are other ways of counting the gap between the haves (in this case specifically, the top one-fifth) and the have-nots (the bottom one-fifth) of the American economy. Count what they spend. The difference is quite surprising. What do you …
Kruse Kronicle (krusekronicle.typepad.com):
… Bottom Quintile = 14.3% As I showed in a post last month, the top 1% of taxpayers pay 40% of federal income taxes. The top 25% of taxpayers pay 86% of income taxes. Finally, keep in mind theNew York Times articletwo weeks a ago that pointed out that while the bottom quintile has $9,974 in income per household a year it spends $18,153. That means non-cash assistance (as well draws on savings in the case of retired or unemployed payers) nearly doubles the actual …
Singular Values (schlafly.blogspot.com):
… A NY Times op-edsays: The top fifth of American households earned an average of $149,963 a year in 2006. As shown in the first accompanying chart, they spent $69,863 on food, clothing, shelter, utilities, transportation, health care and other categories of consumption. The …