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Old 10-28-2011, 04:28 PM   #1
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Default Top 10 Percent of Wage Earners

I was listening to Rush this afternoon and in his commentary he implied that if you make more than 50K a year you are in the top 10% of all wage earners. That's crazy! Trying to verify it.



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Old 10-28-2011, 04:41 PM   #2
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He was probably referring to this publication

National Average Wage Index

It was just revised a few days ago. My gal is in compensation for a big company so she stays up on this sort of thing. Lots of factors go into this "income" though, as with all "stats", so it's kind of mirky to get a solid, fixed number.

Hope that helps.

JD



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Old 10-28-2011, 04:44 PM   #3
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Well, the wiggle phrase there may be "wage earner"- as opposed to income. Interest, dividends, rents, welfare, unemployment, ADC, Social Security, yada yada yada may not be counted as wages.

Here is data from Wiki on US income- be sure to distinguish between household and individual-

Income in the United States - Wikipedia, the free encyclopedia

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What we have heah is.... failure to communicate.

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Old 10-28-2011, 04:47 PM   #4
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Mark Twain said: "There's lies, damn lies and statistics."

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