ppatt

...Republican management of our economy?

Once again that Super-Economist Krugman brings up a pesky fact that cannot be ignored:



This depicts the relationship between income growth by income percentile under Democrat and Republican administrations in a graph conceived by Larry Bartels.

Not only does it show that income growth is higher under Dems overall but the different slopes, one negative and the other positive are remarkable as well... the slope implication being that despite everyone being worse economically under Republicans, it is less worse for those having higher percentile income and less worse for those with incomes in the lower percentiles.

Naturally, this is limited to reality and not to other fictitious economic ideologies often sold on this site.

OSheila

How many different industries and trades were taken in? I have friends that are better off now (energy and fuel) and I have friends that are worse (manufacturing jobs).

cheapseats

While we are at war in the Middle East, where the oil is. I believe there is a connection.

Which ownership has outsourced for cheaper labor...as we would expect them to do in a free market...while American Labor is not equally free to head out into the world and play Let's Make a Deal.

__________________

ppatt

Call Bartels quick. Get you friend counted and watch the slopes change before your very eyes. Jeez, if we'd only known sooner.

Brainpolice

And the point of presenting this random graph which we must merely accept on faith is what? Trust the Dems?

__________________
http://mises.com/blogs/brainpolice/

Rigged

I'm not entirely sure what to make of this without anymore information. Do you have the rest of the study?

__________________
It is what they want, after all: "a god to punish, not a man of their infirmity."

ppatt

First, let me say that we may not know the underlying cause but the facts of the results are there as plain as the nose on ones face.

This was most recently discussed on the site of Dani Rodrick, Dani Rodrik is Professor of International Political Economy at the John F. Kennedy School of Government, Harvard University, and teaches in the MPA/ID Program. He has published widely in the areas of international economics, economic development, and political economy. His research focuses on what constitutes good economic policy and why some governments are better than others in adopting it.

Here is the link to his site. The specific topic in question is down a bit on the page and offers a launching point to other links on Bartels.

By all means report back on any substantial fraud or other shortcomings in his methodology. Any credible advanced student, enthusiast or even hobbyist might find reason for skepticism where others did not. My mind is open.

BleedingPinky

That is not y=f(x), it´s x=f^-1(y). But that´s ok. Percentiles, yeah! Descriptive Stadistics rule for sure, after all, they are descriptive,

Malkavian

hmm? Inverse function? Are you saying it's the income growth that's responsible for various administrations?

__________________
Looks like i picked the wrong week to quit sniffing glue