U.S. Falls to No. 15 in Average Worker Income

[nhboy]

"That ranking would surprise most Americans, who likely consider their nation the most prosperous in the world.

In one fell swoop, OECD statisticians lowered the estimated income of the average American worker by more than 10 percent and raised average incomes of other rich nations by as much as 30 percent, notes Mr. Kirkegaard.

It may well be that the comparative US standard of living is slipping. The price of oil has risen more dramatically in the United States than in other nations because of the dollar's large devaluation."

AlterNet: Corporate Accountability and WorkPlace: U.S. Falls to No. 15 in Average Worker Income

 

[This_person]

"That ranking would surprise most Americans, who likely consider their nation the most prosperous in the world.

In one fell swoop, OECD statisticians lowered the estimated income of the average American worker by more than 10 percent and raised average incomes of other rich nations by as much as 30 percent, notes Mr. Kirkegaard.

It may well be that the comparative US standard of living is slipping. The price of oil has risen more dramatically in the United States than in other nations because of the dollar's large devaluation."

AlterNet: Corporate Accountability and WorkPlace: U.S. Falls to No. 15 in Average Worker Income

Someone please tell this to all of the illegal immigrants so they'll break into those other 14 countries and rob their resources instead of ours.

 

[bcp]

Thank God we live in Maryland.
everyone in Maryland is rich. just ask Osmelly

 

[SamSpade]

After reading the article, I have doubts about the methodology. A reasonable approach would be to grab the median income and collect data say one standard deviation in either direction - not collect data based on what corporations define as a worker or supervisor.

When I'm reading statistics, I need to see the methodology and see the definitions of the terms used before I trust them. And I need to see what they're comparing.

The article says very little, and shows no data, nor does it provide links.

 

[Pete]

After reading the article, I have doubts about the methodology. A reasonable approach would be to grab the median income and collect data say one standard deviation in either direction - not collect data based on what corporations define as a worker or supervisor.

When I'm reading statistics, I need to see the methodology and see the definitions of the terms used before I trust them. And I need to see what they're comparing.

The article says very little, and shows no data, nor does it provide links.

Because smart people might refute it. You must just accept it and be happy.