{"id":535,"date":"2011-05-13T12:32:45","date_gmt":"2011-05-13T16:32:45","guid":{"rendered":"http:\/\/www.whoisgregg.com\/blog\/?p=535"},"modified":"2011-05-13T12:32:45","modified_gmt":"2011-05-13T16:32:45","slug":"even-more-fun-with-charts-making-the-poor-look-rich","status":"publish","type":"post","link":"http:\/\/www.whoisgregg.com\/blog\/2011\/05\/even-more-fun-with-charts-making-the-poor-look-rich\/","title":{"rendered":"Even More Fun With Charts: Making the Poor Look Rich"},"content":{"rendered":"<p>So it started with <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704621304576267113524583554.html\">a graph<\/a>. Which was followed by <a href=\"http:\/\/www.tnr.com\/blog\/jonathan-chait\/88172\/does-the-middle-class-have-all-the-money\">a rebuttal<\/a> and a <a href=\"http:\/\/motherjones.com\/kevin-drum\/2011\/05\/fun-charts-making-rich-look-poor\">follow up graphic<\/a>.<\/p>\n<p>The claim? Well, rich people are actually a single category of wage earner and &#8220;rich&#8221; starts at (according to Jonathan Chait) $200K. So any chart that breaks down income in increments larger than $200K is faulty.<\/p>\n<p>If it makes sense to lump all &#8220;rich&#8221; people into one category, it hardly seems fair to break down all other income levels. So let&#8217;s see how income is truly distributed if all income earners at $100K and below are lumped together:<\/p>\n<p><a href=\"http:\/\/www.whoisgregg.com\/blog\/wp-content\/uploads\/2011\/05\/blog_where_money_is.jpg\"><img loading=\"lazy\" src=\"http:\/\/www.whoisgregg.com\/blog\/wp-content\/uploads\/2011\/05\/blog_where_money_is.jpg\" alt=\"\" title=\"blog_where_money_is\" width=\"680\" height=\"380\" class=\"alignnone size-full wp-image-536\" srcset=\"http:\/\/www.whoisgregg.com\/blog\/wp-content\/uploads\/2011\/05\/blog_where_money_is.jpg 680w, http:\/\/www.whoisgregg.com\/blog\/wp-content\/uploads\/2011\/05\/blog_where_money_is-300x167.jpg 300w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/><\/a><\/p>\n<p>Sweet, turns out the &#8220;poor&#8221; have more money than the &#8220;rich&#8221; after all. <\/p>\n<p>Maybe we should stick to data in the first place?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So it started with a graph. Which was followed by a rebuttal and a follow up graphic. The claim? Well, rich people are actually a single category of wage earner and &#8220;rich&#8221; starts at (according to Jonathan Chait) $200K. So any chart that breaks down income in increments larger than $200K is faulty. If it&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.whoisgregg.com\/blog\/wp-json\/wp\/v2\/posts\/535"}],"collection":[{"href":"http:\/\/www.whoisgregg.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.whoisgregg.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.whoisgregg.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.whoisgregg.com\/blog\/wp-json\/wp\/v2\/comments?post=535"}],"version-history":[{"count":0,"href":"http:\/\/www.whoisgregg.com\/blog\/wp-json\/wp\/v2\/posts\/535\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.whoisgregg.com\/blog\/wp-json\/wp\/v2\/media?parent=535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.whoisgregg.com\/blog\/wp-json\/wp\/v2\/categories?post=535"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.whoisgregg.com\/blog\/wp-json\/wp\/v2\/tags?post=535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}