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To: grania; oblomov
a sensible statistician with no agenda would adjust for age of the head of the household
You make an excellent point.....it would be meaningful to see a breakdown according to age groupings.
Hear, hear!

If you don't account for age, you risk "trying to wade a river with an average depth of 3 feet.”

Thomas Sowell famously made that point about the bottom income quintile so beloved of “liberals.” The reality is that that bottom quintile is loaded with young people just starting out.

The same, obviously, would hold for the bottom quintile of net worth holders . . .


54 posted on 01/11/2015 2:11:22 PM PST by conservatism_IS_compassion ("Liberalism” is a conspiracy against the public by wire-service journalism.)
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To: conservatism_IS_compassion
"trying to wade a river with an average depth of 3 feet.”

Priceless!  Have to use that next thread we're talking averages...

56 posted on 01/11/2015 2:36:13 PM PST by expat_panama
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