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Thread: 75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe

  1. #11

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    Quote Originally Posted by squarepusher View Post
    Do you contest the accuracy of any of these points?
    Not so much the accuracy, but the lack of context intended to mislead people about what the numbers mean. Here's an example :
    #65 U.S. taxpayers spend more than 20 times as much on the Obamas as British taxpayers spend on the royal family.

    US taxpayers, meaning total US population. UK population is 65M, whereas US is 300M. So right off the bat, you expect US taxpayers to spend anywhere from 4-5x on anything compared to UK taxpayers. But wait.....the Obamas are BOTH HEAD OF STATE AND HEAD OF GOVERNMENT, this is not so with the royal family of UK. So this number makes no sense and has no meaning, it's literally comparing apples and oranges.

    Ok, let's try another one
    #61 Nearly 500,000 federal employees now make at least $100,000 a year.
    http://voices.washingtonpost.com/fed...ers_are_t.html
    Under the executive branch, there's 2.6M federal workers. Or, 1/100 people work for executive branch, what is surprising about 1 in 5 of them making more than 100,000?
    Without the context of "how many were there in 2004, 1992", this is again a pointless fact. It tells you nothing, so no, it's not crazy to believe.

    Was that one too easy? How about this
    #58 The wealthiest 400 families in the United States have about as much wealth as the bottom 50 percent of all Americans combined.

    Yeah, it's called capitalism, bitch! What are you? Occupy Wall Street? Want everybody to be equal? How many families SHOULD combine to have as much as the bottom 50%? Ever consider the bottom 50% are just lazy losers freeloading on welfare? (obviously this guy knows that 1/7 Americans are taking food stamps)

    #52 Experts are telling us that global food reserves have reached their lowest level in almost 40 years.
    So what do we do, genius? Up the prices? No, you'll complain food price inflation. Grow more? No, that'll make it too cheap and then people won't work for it. This guy literally has a complaint for every fact. By the way, I bet those experts tell us we'll run out of oil in 100 years too.
    Last edited by Tpoints; 12-23-2012 at 01:52 PM.



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