there's some personality test (Big Five/ OCEAN? MB ?) that asks "do facts speak for themselves...or do facts illustrate principles?" A single graph can NEVER explain a story. Aggregates aren't. Comparisons don't.
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13/ Agreed, but orthogonal to my point.https://twitter.com/Jakethecrazy19/status/1303330374689357824 …
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14/ this is another good point: if generation N has low consumption and high savings, and generation N+1 or N+2 has the reverse, the latter generations will never accumulate wealth ... EVEN IF THEIR INCOMES ARE HIGHER !https://twitter.com/Bobthewelding1/status/1313846236190068737 …
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15/ I don't care if it "flies". I analyze facts, I don't pander to demographics.https://twitter.com/ernunnos/status/1313856112312057858 …
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16/ average US HOUSEHOLD income in 1977 was $13,570; so that wage number is nonsense. use inflation tools: $55k house = $235k (check) $13k = $58k (check) avg house size 1977 = 1660 ft^2 in 2020 = 2,687 ft^2https://twitter.com/Wyrm_00_/status/1313864121625047040 …
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End of conversation
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Youre right. I broadened the scope outside of what you were correctly arguing.
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