Date: Nov 12, 2012 2:52 PM
Subject: Re: Speachless In New York (or, another OMG moment)
"When comparing set of numbers in sequence, the median can go down while the largest numbers (and even all the numbers greater than the median) can go up and that their rate of increase has no effect on the median."
Sure, Paul, but by only a FEW percent, NEVER by FIVE FOLD as you're now claiming. Our REAL GDP is less than $3 trillion, which is ONE FIFTH of what the White House claims, and there are NO "fantastically rich" households which could ever make up for the difference.