tag:blogger.com,1999:blog-1899606766246433608.post1481453133402562340..comments2023-11-08T12:09:20.020-05:00Comments on Prove Me Wrong: Income for Fully Employed Males Down Compared to 1970Jonhttp://www.blogger.com/profile/10530680372103907969noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-1899606766246433608.post-25274399125430265842011-05-14T14:09:36.629-04:002011-05-14T14:09:36.629-04:00I had posted a response here and now its gone???
...I had posted a response here and now its gone??? <br /><br />You really got to fix this whole spam filter. An obvious alternative is to switch to wordpress. Its also free and you can post a link to it from this blog. Its spam protection is FAR SUPERIOR to blogspot.HispanicPundithttps://www.blogger.com/profile/10220166238164432290noreply@blogger.comtag:blogger.com,1999:blog-1899606766246433608.post-89431625936332826752011-05-12T11:20:53.716-04:002011-05-12T11:20:53.716-04:00OK, I read all your links. The stuff from Meghan ...OK, I read all your links. The stuff from Meghan could lead to some interesting rabbit trails, but I'm not going to address it because I see it as off topic.<br /><br />Volokh makes a fair point about the way she's presenting the increase in tax costs. I can accept that criticism. The 25% figure Warren uses is to reflect the increased tax burden is misleading.<br /><br />The key point remains though. Despite the productivity gains fully employed males are making less and the family does have less disposable income since 1970 when you subtract the fixed expenses.Jonhttps://www.blogger.com/profile/10530680372103907969noreply@blogger.comtag:blogger.com,1999:blog-1899606766246433608.post-9491543623813323842011-05-12T09:58:31.730-04:002011-05-12T09:58:31.730-04:00And who said home ownership rates are down? Why a...And who said home ownership rates are down? Why are you showing me that they are up? Did I say they were down or did Warren?Jonhttps://www.blogger.com/profile/10530680372103907969noreply@blogger.comtag:blogger.com,1999:blog-1899606766246433608.post-77738368004316942282011-05-12T09:55:30.488-04:002011-05-12T09:55:30.488-04:00For that matter did you read what I wrote? You wa...For that matter did you read what I wrote? You want to make this post about Elizabeth Warren. It's not about her. I said this in my first response to you. My post here is about income for fully employed males. Not a single word you wrote addressed my point. I am not here to defend Warren's overall thesis.<br /><br />It's not that I don't like to read those I disagree with. It's that I'm not necessarily going to read posts rebutting arguments I didn't make or that are not related to the subject I'm addressing.Jonhttps://www.blogger.com/profile/10530680372103907969noreply@blogger.comtag:blogger.com,1999:blog-1899606766246433608.post-12203317066680357812011-05-12T09:51:59.277-04:002011-05-12T09:51:59.277-04:00Before I go through all your links, which appear t...Before I go through all your links, which appear to be a repeat of your links from above, answer this question. Did you listen to the Warren talk?Jonhttps://www.blogger.com/profile/10530680372103907969noreply@blogger.comtag:blogger.com,1999:blog-1899606766246433608.post-43315867401085742172011-05-11T19:55:54.746-04:002011-05-11T19:55:54.746-04:00I've been wanting to respond to this for some ...I've been wanting to respond to this for some time now, just haven't had the time. Let me take a stab at it now:<br /><br />Regarding homes, first home ownership rates are up, not down. See <a href="http://www.census.gov/hhes/www/housing/census/historic/owner.html" rel="nofollow">here</a>. Second, as Megan McArdle argued in the first link above, these homes are also dramatically bigger (especially taking into account changing household structures).<br /><br />Regarding increased middle class debt, see McArdle <a href="http://www.theatlantic.com/business/archive/2008/05/debt-burden/3421/" rel="nofollow">here</a>. I'd give a short version, but it wouldn't do it justice.<br /><br />Lastly, <a href="http://www.theatlantic.com/business/archive/2008/05/is-the-middle-class-really-doomed/3402/" rel="nofollow">here is a direct short review of her points</a>, again by McArdle. Which can be summarized as: Elizabeth Warren is not an economist, and as such, will likely make basic mistakes that would lead her to false conclusions (for specific examples of her using information badly, see <a href="http://www.theatlantic.com/business/archive/2008/05/the-death-of-the-middle-class-myth-2-drowning-in-debt/3405/" rel="nofollow">this</a>). Frankly, this is why I don't take stuff like this too seriously from non-economists. Give me an economist, ANY economist, even a liberal one, and I'll take what they say more seriously.<br /><br />Now I know Jon doesn't like to read those he disagrees with, but I wish those who read this thread and are more interested in the topic to go through McArdle's posts and check out <a href="http://volokh.com/archives/archive_2007_08_19-2007_08_25.shtml#1187542660" rel="nofollow">this post as well</a>, along with its links.HispanicPundithttps://www.blogger.com/profile/10220166238164432290noreply@blogger.comtag:blogger.com,1999:blog-1899606766246433608.post-78915716382186110722011-03-24T17:46:31.652-04:002011-03-24T17:46:31.652-04:00I'd suggest you read Elizabeth Warren rather t...I'd suggest you read Elizabeth Warren rather than what Meghan says ABOUT her. Meghan's very first criticism of Warren misrepresented what Warren said. Maybe Meghan is feeding you misrepresentations.<br /><br />I know Meghan purports to address claims by Warren. My question is why do you post links that address other irrelevant claims by Warren? I'm not interested in defending Warren. This is not about Warren. This is about specific claims I put forward here. If one of your links from Meghan addresses THESE claims point me to it.Jonhttps://www.blogger.com/profile/10530680372103907969noreply@blogger.comtag:blogger.com,1999:blog-1899606766246433608.post-6179269532070418072011-03-24T15:45:13.885-04:002011-03-24T15:45:13.885-04:00She doesn't address Elizabeth Warren the perso...She doesn't address Elizabeth Warren the person (well she does, but thats limited), she addresses Elizabeth Warren's claims. I said so in my response.<br /><br />But in general, when you see a pattern of deception or errors and dont have all the stats in front of you, you start reading less of the individual. Taking the person less seriously. Do you continue to read David Horiwitz, for example? Well Elizabeth Warren seems to me to be that type of person. <br /><br />The way you dismiss Megan McArdle after only reading a few sentences, thats how I dismiss Elizabeth Warren. I've read enough about her to know she doesn't fully understand the data.HispanicPundithttps://www.blogger.com/profile/10220166238164432290noreply@blogger.comtag:blogger.com,1999:blog-1899606766246433608.post-3939161850786180512011-03-24T11:21:42.253-04:002011-03-24T11:21:42.253-04:00Here's a pattern I see for you, HP, that I'...Here's a pattern I see for you, HP, that I'd ask you to consider. Most of my posts are about issues, not personalities. I've done some of that, but I try to focus on truths. This post is not really about Elizabeth Warren, who I know little about. There are some interesting facts on the table. What do you make of them? Are they wrong?<br /><br />Because 5 links discussing Elizabeth Warren doesn't necessarily address the issue, which I'm interested in understanding. Do any of them actually have anything to do with the subject?<br /><br />I started reading your first link. Supposedly Warren says the median house had 5 rooms and now it has 6. Wow, 20%. That's a lot. That's not what Warren said in the talk I linked to. She said 5.8 to 6.1. So at that point I just stopped with this long post from Meghan and I need you to direct me specifically to something that is relevant to the topic.<br /><br />The more I read from Meghan the less impressed I am. You call this a reminder to read non-economists with caution. I'd call it something else.Jonhttps://www.blogger.com/profile/10530680372103907969noreply@blogger.comtag:blogger.com,1999:blog-1899606766246433608.post-60610046849887204352011-03-24T00:55:08.485-04:002011-03-24T00:55:08.485-04:00Another reason why you should read Megan McArdle. ...Another reason why you should read Megan McArdle. She has dealt with alot of Elizabeth Warrens claims. See <a href="http://www.theatlantic.com/business/archive/2010/07/considering-elizabeth-warren-the-scholar/60211/" rel="nofollow">here</a>, <a href="http://www.theatlantic.com/business/archive/2008/05/debt-burden/3421/" rel="nofollow">here</a>, <a href="http://www.theatlantic.com/business/archive/2008/05/is-the-middle-class-really-doomed/3402/" rel="nofollow">here</a>, <a href="http://www.theatlantic.com/business/archive/2008/05/the-death-of-the-middle-class-myth-1-no-one-can-afford-to-save-any-more/3403/" rel="nofollow">here</a> and <a href="http://www.theatlantic.com/business/archive/2008/05/the-death-of-the-middle-class-myth-2-drowning-in-debt/3405/" rel="nofollow">here</a>. <br /><br />If I remember correctly, McArdle got alot of flack for making some claims in haste, but the gist of what she says is right. It's quite a take down. And another reminder to take economic comments by non-economists with caution.HispanicPundithttps://www.blogger.com/profile/10220166238164432290noreply@blogger.com