Pentashagon comments on [Retracted] Simpson's paradox strikes again: there is no great stagnation? - Less Wrong

30 Post author: CarlShulman 30 July 2012 05:55PM

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Comment author: Pentashagon 30 July 2012 11:00:06PM 4 points [-]

Does only counting the wages of workers make the median less meaningful? For instance raising the workers' median wage could be accomplished by firing all the lowest earners. If non-workers' personal income ($0) in the 80s were included in the calculation the overall median would have been lower. Also, there's roughly 9% unemployment in the U.S. today; what would happen to the median if half of those people got minimum-wage jobs today?