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To: reaganrevolutionin2010
White families typically have assets worth $100,000

Huh?? Is this a mean? You're never supposed to use means in income or wealth statistics. Medians are more accurate.

As the old saying goes, there are 3 kinds of lies:
Lies
Damn Lies
and Statistics.
118 posted on 05/19/2010 11:39:25 AM PDT by Greg123456
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To: Greg123456

On a related note...

The world median income is $2/day.
If you’re making more than half the planet youre not poor.
US “poverty line” is $20/day. That’s better off than 84% of everyone on the planet.


164 posted on 05/19/2010 12:39:58 PM PDT by ctdonath2 (+)
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