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| Science Forum Index » Economy Forum » The American Dream |
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| Author |
Message |
| zzbunker |
 Posted: Sun Nov 27, 2005 8:30 am |
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Guest
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Quirk wrote:
[quote:64084ac77c]http://www.lcurve.org/
"The US population is represented along the length
of the football field, arranged in order of income.
Median US family income (the family at the 50
yard line) is ~$40,000 (a stack of $100 bills 1.6
inches high.)
--The family on the 95 yard line earns about
$100,000 per year, a stack of $100 bills about 4
inches high.
--At the 99 yard line the income is about $300,000,
a stack of $100 bills about a foot high.
--The curve reaches $1 million (a 40 inch high stack
of $100 bills) one foot from the goal line.
--From there it keeps going up...it goes up 50 km
(~30 miles) on this scale!
[/quote:64084ac77c]
Well those curves are the reason why
laffer economists live on the 50 yard line.
Since the curve actually goes onto
a golf course at the 1 inch line. |
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