The Gains of the Nineties Wiped Out

Who is buying whom is not clear

Who is buying whom is not clear

And there has been no improvement this last 15 years, either.

As observed by Peter Foster in the London Telegraph this morning (admittedly when you’re that far away from a place the concepts of “morning” and “afternoon” tend to lose any literal meaning and are promoted to terms of poetry — for an example of this I draw your attention to the ‘groupoid’ which fulfills only some of the functions of ‘group’ — and ‘group’ is the fundamental building block of Math As We Know It)

US median household incomes rose to $53,880 in November 2014 – up from a rock-bottom $51,562 in August 2011 – but still five per cent below the $57,128 they were in 2000. The public could be forgiven for not celebrating being worse off than they were over a decade ago.

One might even say decade and a half; that is, if one were numerate.

About M. Meo

Worked as translator, museum technician, truck lumper, lecture demonstrator, teacher (of English as a Second Language, science, math). Married for 25 years, 2 boys aged 18 & 16 (both on the Grant cross-country team). A couple of scholarly publications in the history of science. Two years in federal penitentiary, 1970/71, for refusing the draft.
This entry was posted in Economics, Elections, Empire, Fascism, Global, Inequality, Marxism, Mathematics, Permaculture, Ronald Reagan, Saudi Arabia, U.S. Constitution, Uncategorized, War. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s