Where do you get that definition? And four what... four adults? Or two adults and two children? The Census Bureau defines a household as: Wikipedia has this: I added the emphasis to that last bit. It's entirely possible that I'm missing something pretty basic, so I'd love to see your source. Ed O.
http://en.wikipedia.org/wiki/Median_household_income Household income is not to be confused with family or personal income. Household income is often the combination of two income earners pooling the resources and should therefore not be confused with an individual's earnings. Even though the term family income may sometimes be used as a synonym for household income, the U.S. Census Bureau defines the two differently. While household income takes all households into account, family income only takes households with two or more persons related through blood, marriage or adoption into account. (The page then shows median HOUSEHOLD income for various countries)
Its pretty fucking insane, the class warfare that is beginning here. All thanks to Obama and his "millionaires and billionaires" ranting. People are just sheep here.
The funny part of it all is that Obama and the rest of his cronies are all millionaires and billionaires. We quite simply have never had a more divisive President in our history, nor a more immature one. The only games he can play are the Blame Game and the Bush's Fault game. If anybody thinks that pitting one group of Americans against another is a good idea for the long-term future of our country, please explain it to me.
The protesters have shut down the max lines in downtown PDX as well as the SW streets near McCall Park and Broadway. I find it hilarious that they are protesting a bail-out from 3 years ago, and that most of TARP has actually been repaid. Most of those idiots would have been living in the streets 3 years ago had the government, in a bi-partisan manner, not loaned banks money to get out from under toxic loans.
they're not protesting the bailouts. they are protesting the banks in general. "the 1% are evil" (aka the "millionaires and billionaires").
Classic communistic agitating. Yawn. Pack the streets with an armed 500k and I'll pay attention. Marching down a street with a feel-good sign accomplishes nothing other than making that person feel like they're making a difference, which they're not.
(My emphasis.) So... households can include one adult (a single person, or a single parent with 8 kids) or four adults (two parents and two kids living at home who are over 18). My point is that single wage earner households are almost certainly MUCH more common now than they were in, say, the 1950's. People move out of their parents' households earlier, they wait longer to get married, and often don't get married at all. I think that this increases the number of households per capita, so looking at income per household, rather than per capita (or per adult) skews the actual performance of the economy... it's not the economy's fault that people are more independent now. Ed O.
Did you see the guy talking about having a "self-sustaining community" there? It's so ridiculous. It's "self-sustaining"... how? They're learning to sew, but are they making thread? Are they planting crops? They can be sustained by outside forces who agree with them, but the self-sustaining part is delusional Ed O.
But Ed, you could be the maker of thread, and you'll just barter your wares for other services as you wander from yurt to yurt. It will be awesome! A teeth cleaning is going for a cotton shirt these days, or so I'm told.
What does that have to do with anything? I should be paid less because my tv is bigger and costs more?
