Word: medians
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...more of their own money.” Using the word “average” to describe a mean tax decrease is deceiving. If the richest taxpayers get tremendous tax breaks, this increases the mean value, making the benefits to poor Americans look larger. The median tax decrease would better reflect the benefit to the “average American,” and would surely be significantly lower...
...million-unit annual rate in December, the highest since 1978), new home sales (up 3.5 percent to an annualized 1.08 million, a new record) and existing home sales (up 5 percent to 5.56 million for 2002, another new record). And according to the National Association of Realtors, the national median existing-home price ended the year at $164,000, up 7.1 percent from 2001. That's the strongest annual increase since 1980; clearly, homes are being built, sold and resold at a pace not seen in decades...
...including the 33-year-old driver of the tractor-trailer which broke through the concrete barrier in the median strip and ran into the path of traffic, has been charged...
...attacker or attackers opened fire, blowing out the Toyota's side windows, the car lurched forward, finally coming to a rest on a median strip 40 yards south across the intersection. Glass fragments scattered around the car where it stopped show that the killer or killers continued firing as the Americans tried to flee. The right hand side of the car was hit with at least 24 bullets and the side windows on both sides of the car were shattered. Blood pooled beside the car's front doors...
Likewise, the claim that Asian Americans are more economically successful than whites is erroneous. While the census bureau reported in 1997 that Asian Americas have higher median household incomes than non-Hispanic whites, this overlooks the fact that Asians have more income earners and individuals within each household. Moreover, Asian Americans concentrate both in metropolitan areas and in the states of California, New York and Hawaii, where costs of living are much higher, thereby decreasing their actual purchasing power. Consequently, if we use per capita income as a socioeconomic indicator, non-Hispanic whites, on average, earn over $2,000 more...