Shhh, Chris, the grownups are talking.

The NDS must be published so senior executives in the DoD have something to align their performance goals to 🤣.

Sounds bad

He'll be convinced that DT found a way to take money from Communist China and give it to Real Americans(tm). No further questions allowed.

A-level work from that guy

My mom gave me a big file from my childhood. It included a copy of the "General Defect Roster". I edited out the other kids's defects some of which were more significant. Different times!

Banks used to give kids piggy banks to save their money. Now they'll just saddle you with debt at birth.

Remembering Harry Caray say his name makes me smile.

The senate is selling you out. Screw Chuck Schumer et al. for seizing defeat.

Quoting you: "In the timeline being discussed here, the biggest rises were in the lowest earning quintile. Rates of home ownership amongst this group rose more than any other group."

It is just math that building from a small base will lead to a larger percentage increase.

A real one

If fewer low-income people own homes, a percentage rise will be more significant among them. 10% of people becoming 12% is a 20% increase. Take the top earners, assume 60% own homes. A 20% increase would lead to 72% home ownership. A small base matters.

If 50 people have 0 dollars and 50 have 100 million dollars, the mean is 50 million dollars. With 100 people (an even number), the median is the average of the two middle numbers (50 million). No one is making *only* 50 million, but it's the average and the median. Distributions matter.

Yes, a K-shaped economy implies a bimodal distribution. The median is in the middle where few people actually live. Take 10 high-paid individuals and 10 people who clean their offices. Neither the mean nor the median income will capture their experiences.