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From: Cathy K. (69.254.225.255)
Subject:         Re: Not meaningless at all. ...
Date: September 19, 2010 at 9:05 am PST

In Reply to: Not meaningless at all. ... posted by annie on September 16, 2010 at 8:46 pm:

I don't have the time to do extensive research on this subject. However, I still contend that increases in income really only matter if you also know about expenses.

For example,

From 1992-2000 (Democrat president)
Wages increased by 34.79%
Housing increased by 42%

From 2001-2008 (Republican president)
Wages increased by 25.58%
Housing increased by 26%

Yes, that's simplistic, and more data would be needed. But the whole point is, how much your income increases is meaningful only when you have the whole picture. Also:

From 1973-2008
Wages increased by 445%
Housing increased by 667%

In that area, at least, it doesn't sound like we are better off under either Democrats or Republicans.


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