Re: The 'working poor' scam
royls_at_telus.net
Date: 06/29/04
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Date: Tue, 29 Jun 2004 20:47:41 GMT
On Mon, 28 Jun 2004 21:45:14 +0000 (UTC), Jim Blair <see@sig.com>
wrote:
>To check on the
>accuracy of PK's claims about how Hubbard collected his data, I emailed
>Glen Hubbard. Krugman and Hubbard disagree about how Hubbard got the
>data: Krugman said it is from people who PAID taxes in EACH YEAR from 1979
>to 1988. But Hubbard says it is from IRS data on people who FILED a
>return in both of the years 1978 AND 1988.
>
>This is quite a difference in the data base. But who am I to believe?
>The guy who did the study? Or the guy who wants to discredit it?
It's only a difference of degree in any case. Hubbard himself admits
that his study eliminated all the data on people whose incomes were
too low for them to file in 1978, and stayed that low until 1988. He
simply chopped off the bottom of the distribution.
-- Roy L
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