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Old January 23rd 04, 03:40 PM
123.bam
 
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Brenda Ann wrote:

"Brian Oakley" wrote in message
...

If you havent noticed, not everyone in the country works for Wal-Mart. Why
dont you do some research and see what the average wage in the US is and
report back to us here. That is your school assignment.
73


But the average wage doesn't mean a lot to a great many people. The average
income is skewed by a very few very high paid corporate execs (who make many
times more a year than does the president), entertainers and sports figures.
This has the effect of raising the median income significantly when figured
as part of the whole. For every Enron exec making millions a year, there are
thousands of folks making less than $20G, which isn't a living of any kind
with our cost of living. There's a whole lot of grunt labor out there,
including a lot of the salespeople at your favorite radio store, that make
much closer to minimum wage...


me thinks about the math for a second
lets assume you are correct
1000 people at 20g/yr
1 enron exec 10million/yr


1000 X 20,000 = 20,000,000
1 X 10,000,000 = 10,000,000

total 30,000,000

average

30,000,000/(1000 + 1) = 29,970 and change
actually that doesnt seem to me to skew the number all that bad