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Thursday, November 18, 2010

credibility

Bob Herbert's column on Sat. Nov 6.
My column on Tuesday incorrectly described the situation of the small group of Americans earning $50 million or more annually. Their incomes declined by 7.7 percent between 2008 and 2009; they did not quintuple. The incorrect information came from a report based on flawed Social Security Administration data. An inspector general is investigating after two individuals filed false W-2 forms that led to the skewed data.

The point is how much credibility do you give to someone who believed that the very rich, as a group, multiplied their incomes by 5 in ONE YEAR.
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2 comments:

  1. Are you asking about the credibility of Mr. Hebert or his readers (who may have believed it)? Actually, it doesn’t matter; it is probably that both believed what they wanted to believe.

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  2. Are you sure that was Bob Herbert? I thought it might have been Mediocrates who said that. :-)

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