Talk:980: Money

Explain xkcd: It's 'cause you're dumb.
(Difference between revisions)
Jump to: navigation, search
(Created page with ""Show me the money" was popularised as a quote from Cuba Gooding Jr.'s character in Jerry McGuire with Tom Cruise.")
 
Line 1: Line 1:
"Show me the money" was popularised as a quote from Cuba Gooding Jr.'s character in Jerry McGuire with Tom Cruise.
+
"Show me the money" was popularised as a quote from Cuba Gooding Jr.'s character in Jerry McGuire with Tom Cruise. [[Special:Contributions/108.162.245.111|108.162.245.111]] 02:26, 23 January 2014 (UTC)
 +
 
 +
Since 1950s the work of the production workers got largely automated, so there is a much lower skill requirement. The skilled jobs have largely moved to the post-industrial economy. [[Special:Contributions/108.162.245.111|108.162.245.111]] 02:26, 23 January 2014 (UTC)
 +
 
 +
The typical annual housing cost looks like a vast underestimation (by approximately a factor of 2 or more). If not just cities but the whole metro areas are included, it looks closer to reality. [[Special:Contributions/108.162.245.111|108.162.245.111]] 02:26, 23 January 2014 (UTC)
 +
 
 +
The year 2009 was a very pessimistic one for the evaluation of net worth, both stock and housing investments being down. By the year 2014 the stock had rebounded by a factor close to 2, and the housing had grown in price as well (by a lesser factor). A large portion older people's net worth would be kept in bonds which not only didn't lose value but even grew in value in 2009, which would account for the difference in the distribution. [[Special:Contributions/108.162.245.111|108.162.245.111]] 02:26, 23 January 2014 (UTC)
 +
 
 +
The reason why the US state taxes are declared to be regressive on the chart is that a large part of them comes from taxing the consumption (sales tax, real estate tax, excise taxes on alcohol and tobacco, gasoline and vehicle taxes for road maintenance). The higher-income households invest a larger portion of their income instead of spending it on consumption. The actual state income tax rates are universally progressive. [[Special:Contributions/108.162.245.111|108.162.245.111]] 02:26, 23 January 2014 (UTC)

Revision as of 02:26, 23 January 2014

"Show me the money" was popularised as a quote from Cuba Gooding Jr.'s character in Jerry McGuire with Tom Cruise. 108.162.245.111 02:26, 23 January 2014 (UTC)

Since 1950s the work of the production workers got largely automated, so there is a much lower skill requirement. The skilled jobs have largely moved to the post-industrial economy. 108.162.245.111 02:26, 23 January 2014 (UTC)

The typical annual housing cost looks like a vast underestimation (by approximately a factor of 2 or more). If not just cities but the whole metro areas are included, it looks closer to reality. 108.162.245.111 02:26, 23 January 2014 (UTC)

The year 2009 was a very pessimistic one for the evaluation of net worth, both stock and housing investments being down. By the year 2014 the stock had rebounded by a factor close to 2, and the housing had grown in price as well (by a lesser factor). A large portion older people's net worth would be kept in bonds which not only didn't lose value but even grew in value in 2009, which would account for the difference in the distribution. 108.162.245.111 02:26, 23 January 2014 (UTC)

The reason why the US state taxes are declared to be regressive on the chart is that a large part of them comes from taxing the consumption (sales tax, real estate tax, excise taxes on alcohol and tobacco, gasoline and vehicle taxes for road maintenance). The higher-income households invest a larger portion of their income instead of spending it on consumption. The actual state income tax rates are universally progressive. 108.162.245.111 02:26, 23 January 2014 (UTC)

Personal tools
Namespaces

Variants
Actions
Navigation
Toolbox

It seems you are using noscript, which is stopping our project wonderful ads from working. Explain xkcd uses ads to pay for bandwidth, and we manually approve all our advertisers, and our ads are restricted to unobtrusive images and slow animated GIFs. If you found this site helpful, please consider whitelisting us.

Want to advertise with us, or donate to us with Paypal or Bitcoin?