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To: expat_panama

I agree average wages should be the average of all, including those who have been frozen out. Look at this from the perspective that the potential for economic activity is the aggregate of the average wage times the number of people of people actually making that wage.

It seems you believe that if one person out of 180 million working age people in America was working, and that person made one million dollars, the average wage of working people would be one million dollars and that we should celebrate because we’re all rich!

This is just another example of people selectively using statistics to obfuscate the big picture.


52 posted on 11/05/2015 7:18:25 PM PST by PTBAA
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To: PTBAA
...you believe that if one person out of 180 million working age people in America was working...   ...selectively using statistics to obfuscate the big picture....

Wait a sec., my being a bad guy won't change what everyone says an average is because words mean things and people will talk the way they want.  If it's really that important to someone then they can just up and decide that from now on averaging wages means we got to divide total wages paid out by the total population whether people receive those wages or not.    It's a fee country.   They'll just end up w/ different numbers then what everyone else gets..

53 posted on 11/06/2015 4:23:37 AM PST by expat_panama
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