(Not car related) Have y'all noticed...

"traderQAMobileTestAutomationMobileBoostOn" (el-peasant) 01/23/2015 at 09:44 • Filed to: None

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Median annual household income in the United States in June 2014: $53,891

Population of United States in June 2014: ~320,000,000

Population x median household income: 17,245,120,000,000

US National debt, June 2014: $17,530,000,000,000

Hmmm. That's really close. I'm no politician but I figured this out a while back

PLEASE NO YOUTUBE-STYLE ARGUMENTS BELOW

Brian Silvestro > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:46

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Alfalfa > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:47

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I'm afraid I may be missing something. Are you trying to imply some link between the two? Because I just see an amusing coincidence.

traderQAMobileTestAutomationMobileBoostOn > Alfalfa 01/23/2015 at 09:49

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I wonder if there is a link between the two.

davedave1111 > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:49

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It's better to compare debt to wealth, not income. Even so, someone with a mortgage of 1x their annual income is not in trouble, are they?

http://en.wikipedia.org/wiki/Financial…

"The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP ) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP,) [a] as of Q1 2014."

The assets line is probably a gross understatement, by the way, because it doesn't begin to measure intangibles like (for example) the value of a degree for a recent graduate.

Oh, and your maths is wrong anyway. There is more than one person per household.

nFamousCJ - Keeper of Stringbean, Gengars and a Deezul > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:50

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Fuck you and your facts! Vaccines cause autism, Obama is a Muslim, Elvis isn't dead, Cuba still has nukes so FEMA can create containment camps, New World Order, Ebola something something, something racist, something else racist, err.... Yeah!

505Turbeaux > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:50

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not to mention how mortgaged out half of our country is...much more than the national debt

nFamousCJ - Keeper of Stringbean, Gengars and a Deezul > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:52

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I am the link between the two.

MIATAAAA > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:52

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Well, the average household has 2.54 people. So the equation should probably read "household income X number of households ". $53,891(320,000,000/2.54)= $6,789,417,322,835

Steve Zissou > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:53

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So your saying everyone give there salary to the government for a year and we'll be debt free? Good luck running on that platform...

E92M3 > Brian Silvestro 01/23/2015 at 09:54

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So you're saying Americas net worth is 0?

Alfalfa > nFamousCJ - Keeper of Stringbean, Gengars and a Deezul 01/23/2015 at 09:55

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Don't forget that 911 was an inside job to create chemtrails that was planned at the Denver Airport.

Brian Silvestro > E92M3 01/23/2015 at 09:55

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I'm saying America's net worth is illuminati

XJDano > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:55

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Woo hoo, above average.

PS9 > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:57

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Correlation =/= Causation

nFamousCJ - Keeper of Stringbean, Gengars and a Deezul > Alfalfa 01/23/2015 at 09:59

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Speaking of chemtrails I've worked with two people now that believe the gov't is putting fluoride into the water to dumb down the free-thinking center of our brains. My mistake was thinking they were joking so I chuckled and they said "no, you don't believe they are?" Apparently this gives everyone who believes in it a master's degree in neurochemistry.

Drakkon- Most Glorious and Upright Person of Genius > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 09:59

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I find this one a lot more interesting. Job creators we call them.

This is real wealth over time since 1979 (the year before the Silver Haired Prophet was elected. Blue is the average income which has grown less than 10%. Green is worker productivity. Red is top 1% income. Don't worry about that dip. Those were losses 'on paper.' Also keep in mind, that red line is not relative to the blue line, it's just a reflection of their own wealth starting in 1979. They were already rich at that time. I say that because I don't want people thinking that for a few year, the reds were worse off than the blues.

This graphic...

... is the ratio to CEO pay versus average worker pay. Bear in mind that the CEO is not the only guy at the top that gets paid like this. Yes, indeed. Your CEO is worth 400 times what you are as a human being. You should be so lucky you have a job to feed your family you filthy slog.

Rock Bottom > Brian Silvestro 01/23/2015 at 10:02

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Proof. Illuminati.

Or aliens.

Your choice.

E92M3 > Brian Silvestro 01/23/2015 at 10:02

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Dat New Wolrd Order tho!

Alfalfa > nFamousCJ - Keeper of Stringbean, Gengars and a Deezul 01/23/2015 at 10:04

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And then of course they tell you that you're narrow-minded because you don't believe every word that you find on poorly made web sites that sound like the plot to a Star Trek fan fiction.

Brian Silvestro > Rock Bottom 01/23/2015 at 10:04

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Your avatar can attest to the validity of this situation.

Rock Bottom > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 10:06

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Careful... it's a short and slippery decent into the whole " Correlation  Causation " shit storm!

davedave1111 > Drakkon- Most Glorious and Upright Person of Genius 01/23/2015 at 10:07

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Yes, it's the standard result that increasing globalisation will increase the wealth of the very richest on the planet and all the billions of poor people, at the relative expense of the already wealthy but not super-rich. Bear in mind that globally, almost everyone in the US is a 1%er.

What you're complaining about is the best way - only way - we've found to bring the abjectly poor majority of this planet up out of poverty. You must really hate poor people or something...

Aaron M - MasoFiST > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 10:08

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Remember macroeconomics...demand for US debt is high because it's stable and will get paid back. Volatility has a serious dampening effect on economic performance...it's why China is growing faster than us but still needs to keep reserves of dollars as an economic hedge.

So long as the US economy is growing, we could run a deficit every year and still never run out of money. Macro is weird.

Drakkon- Most Glorious and Upright Person of Genius > davedave1111 01/23/2015 at 10:24

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So we're required to tax carried interest as capital gains instead of income because there are starving children in China? Wow. Your mother did scar you back in the 60s & 70s.

jmedarts > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 10:27

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multiplying by the "average" really only works well if the distribution is Normal. You quoted the median, which is a great start, but that distribution is so spectacularly skewed

As Du Volant > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 10:30

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Problem is that's average household income, and the US averages 2.58 people per household.

Therefore, to get an accurate number vs. population:

320,000,000 / 2.58 = 124,031,008.

124,031,008 * 53,891 = $6,684,155,039,000.

So no, it doesn't really sync up.

nFamousCJ - Keeper of Stringbean, Gengars and a Deezul > Alfalfa 01/23/2015 at 10:30

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Exactly! Or that the fluoride has already done it's trick.

BaconSandwich is tasty. > nFamousCJ - Keeper of Stringbean, Gengars and a Deezul 01/23/2015 at 10:35

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Next time tell them that the government is putting a deadly chemical in everyone's water. It's called chlorine.

nFamousCJ - Keeper of Stringbean, Gengars and a Deezul > BaconSandwich is tasty. 01/23/2015 at 10:42

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No cause then they'll do "research" and that's all I'll ever hear about because they'll find other "potentially deadly" chemicals found in everyday consumables.

BaconSandwich is tasty. > nFamousCJ - Keeper of Stringbean, Gengars and a Deezul 01/23/2015 at 10:45

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Table salt! It's half chlorine! That Dihydrogen monoxide also sounds deadly!

wkiernan > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 10:56

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Your arithmetic would only make sense if the average number of people in an American household were one; guessing wildly I'd think the correct number is about three and a half.

nFamousCJ - Keeper of Stringbean, Gengars and a Deezul > BaconSandwich is tasty. 01/23/2015 at 11:09

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I can feel it eating away my medulla oblongata!!! Nooooo

TxBrumski > traderQAMobileTestAutomationMobileBoostOn 01/23/2015 at 11:12

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Cost of a Snickers Bar: $1.10

Population of Minnesota: 5,420,000

Population x Snicker's price: $5,962,000

Price of a Lamborghini Veneno Roadster: $4,500,000

Hmmm. That's really close. I'm no politician mathematician but I figured this out a while back

davedave1111 > Drakkon- Most Glorious and Upright Person of Genius 01/23/2015 at 11:57

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Eh?

Rock Bottom > Brian Silvestro 01/23/2015 at 12:04

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I guess I can start working on the mathematical proof that Illuminati=Ghetto Leprechaun ...

Eli's Got 2 > TxBrumski 01/23/2015 at 12:15

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Is a Snickers bar really $1.10?!?!?

This was funny.