Berkeley CSUA MOTD:Entry 32565
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2025/05/25 [General] UID:1000 Activity:popular
5/25    

2004/7/29 [Politics/Domestic/President/Clinton, Finance/Investment] UID:32565 Activity:very high
7/29    Jobless claims up, consumer spending down.  Wages drop 9.2% from
        2000 to 2002.  First time since 1953 that wages have dropped.
        \_ What does "wages" mean?  Average?  Cumulative?
           \_ Sorry, wrong word.  overall income:
              http://www.nytimes.com/2004/07/29/business/29tax.html?adxnnl=1&adxnnlx=1091124617-0REdJYzdft5vWcq6Zdx2PQ
        \_ It appears income rose for all people making under $200k and fell
                      \_ Where do you get this?
                         \_ Click on the chart to the right on that page
                            (and my bad, $1-$25k went down 1.4%); actually
                            the right column there is a better metric, which
                            says income per taxpayer went down for $100K and
                            up but not for $0-100K.
           for people with larger incomes, which makes total sense given the
           large stock gains in 2000.
           \_ No, actually the opposite has happened, at least with take
              home pay.
        \_ The bubble created in the Clinton era had bursted before he left
           office in 2001.
           \_ don't forget the Twin Towers also bursted.
              \_ and we know that's dubya's fault because he sent the jews
                 there to blow them up so he could invade iraq to get the
                 free oil for halliburton.
                 \_ You make Michael Moore look like an intellectual.
              \_ That's what they want you to think.  The whole "attack"
                 took place in a soundstage in Japan, where they used to
                 make the Godzilla films.
        \_ It's 2004 now, son.
           \_ but perhaps they only have data up to tax year 2002, daddy?
              \_ probably but so what?  why are old numbers from the worst
                 part of the recession being hashed around now in the middle
                 of an election?  suspicious.
                 \_ It must be the Vast Left-Wing Conspiracy.
                 \_ It's true, the IRS is run by liberals who hate America.
2025/05/25 [General] UID:1000 Activity:popular
5/25    

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www.nytimes.com/2004/07/29/business/29tax.html?adxnnl=1&adxnnlx=1091124617-0REdJYzdft5vWcq6Zdx2PQ
By DAVID CAY JOHNSTON (NYT) 2001 words Late Edition - Final , Section C , Page 1 , Column 2 ABSTRACT - Internal Revenue Service information shows overall income Americans reported to government shrank two consecutive years, first time that has happened since modern tax system was introduced during World War II; To read the complete article, simply click on one of the BUY NOW buttons below. You can buy this single article or, for even greater value, you can purchase this article as part of a multi-pack. You'll then have the opportunity to buy additional articles now or in the future at significant savings! Article Archive: 1996-Present multi-packs are not valid for use with Article Archive: 1851-1995 multi-packs and vice versa. How multi-packs work: A multi-pack is an archive package that saves you money by allowing you to pre-purchase a set number of articles in bulk at a reduced price. You can then debit from your multi-pack and quickly access articles from the archive at your convenience over the lifetime of the multi-pack. Please Note: Article Archive 1996-Present multi-packs are not valid for use with Article Archive: 1851-1995 multi-packs and vice versa. Once you purchase an article, you may view it as often as you like over the next 90 days.