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Old 07-27-2004, 01:01 PM   #91
Undertoad
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I thought this was important so I went to the US Census Bureau table on mean income over time against race to get mean incomes for whites and blacks from 1948-2001 (in fixed 2001 dollars). Then I created a graph of it.



Conclusion: there is still a very large gap in income. However, percentage-wise, blacks ARE catching up. White income was about 100% higher than black income in 1948 and now is about 30% higher.

I also learned, in browsing around the tables at the census bureau, that in 2001 white women and black women's mean income was about the SAME. !!!
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Old 07-27-2004, 01:30 PM   #92
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Rather illuminating.

Thanks for the extra effort. Graphs can be a bitch.
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Old 07-27-2004, 01:32 PM   #93
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(Fixed 2001 dollars means adjusted for inflation, right?)

Wierd. An almost fixed difference of $7500 the whole way down. I wonder what accounts for something that constant.
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Old 07-27-2004, 01:34 PM   #94
Troubleshooter
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Quote:
Originally Posted by Happy Monkey
(Fixed 2001 dollars means adjusted for inflation, right?)

Wierd. An almost fixed difference of $7500 the whole way down. I wonder what accounts for something that constant.
Correlation can be hard to find sometimes. The trick is to avoid attribution, or spurious correlation, under those conditions.

And I agree, weird.
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Old 07-27-2004, 01:43 PM   #95
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Those lines just seem too similar to me. Every wave and crest. I can't bring myselft to believe that blacks were doing that well relative to whites pre 1950. The $7,500 gap today seems believable but in 1950? That's almost laughable. Not questioning UT's work but the data itself.
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Old 07-27-2004, 01:48 PM   #96
Happy Monkey
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You don't think they were making half salary on average, pre 1950? There were (and still are) a lot of poor whites to balance out the rich elites, and the number is mean salary, not average, so the robber barrons don't throw the number off too much.
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Old 07-27-2004, 01:53 PM   #97
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thanks for that effort UT. good job.
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Old 07-27-2004, 01:57 PM   #98
Undertoad
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It is adjusted for inflation, so the real numbers in 1950 were more like $2000 vs $1000.
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Old 07-27-2004, 02:51 PM   #99
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Yeah, thanks for that UT that's very interesting
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