[FRIAM] interesting - if true

[Alexander Rasmus]

Dave,

I think there's some truth to the general picture you're painting, but your
leading statistic is going to have to be based on household income, or
qualified in some other way, to have a good chance of being true. As of
2019, there were ~30 million people making over 100k/year, out of 235
million income earners overall in the US (see
https://www.census.gov/data/tables/time-series/demo/income-poverty/cps-pinc/pinc-08.2019.html).
The IRS probably has similar statistics, but I don't know if they
disambiguate which spouse is earning in joint filings, and as such might be
less relevant to the particular claim. 75 percent of the rest of income
earners is ~66 percent off all income earners or ~153 million people. The
2020 voter turnout was ~158 million. There's a few confounders that should
alter the result I'm getting (earners aren't all eligible to vote, for a
variety of reasons), but they shouldn't make up a factor of two. Even if I
assume that the number of eligible voters who earn is exactly the 2020
voter turnout, and all earners above 100k are eligible voters, 75% of
eligible voter earners under 100k is still 60% overall. Please check my
math, I kept switching years in the tables and while I think I've got all
my numbers from the same year I may have missed something.

It looks like the percentage of households earning over 100k is ~30%
(cursory googling), .75*.7=.525 of households overall. This is still a
little high, but if you add in some other constraints, e.g., on only
considering households which are registered to one of the major parties,
you can probably get there?

Best,
Alex

On Thu, Aug 26, 2021 at 2:04 PM Marcus Daniels <marcus at snoutfarm.com> wrote:

> < If these were true, it would be interesting to the extent it belies the
> caricatures of the Republican party as the bastion of the plutocrats and
> the Democratic party as the champion of the working class.>
>
> Did anyone watch Pennyworth?   The father is a possible picture of today's
> anti-liberal-democratic voter.  Yeah, he's a fascist and a servant.
>
> -----Original Message-----
> From: Friam <friam-bounces at redfish.com> On Behalf Of Prof David West
> Sent: Thursday, August 26, 2021 12:55 PM
> To: friam at redfish.com
> Subject: [FRIAM] interesting - if true
>
> I encountered the following assertions but have not been able to confirm
> or refute.
>
> 65% of Americans earning $500,000/yr or more are registered Democrats and
> 74% of those earning $100,000 or less are Registered Republican.
> (Supposedly, IRS is source, but I can find it.)
>
> The 20 wealthiest Congressional Districts have Democratic representatives.
> (How was wealth measured?)
>
> 17 of the 20 wealthiest zip codes gave more money to Democrats than
> Republicans. (
>
> More than half of the wealthiest individuals (Forbes list I guess) in the
> US, consistently support, in words and contributions (how would anyone
> know) "liberal democratic" values and causes.
>
> If these were true, it would be interesting to the extent it belies the
> caricatures of the Republican party as the bastion of the plutocrats and
> the Democratic party as the champion of the working class.
>
> davew
>
> - .... . -..-. . -. -.. -..-. .. ... -..-. .... . .-. .
> FRIAM Applied Complexity Group listserv
> Zoom Fridays 9:30a-12p Mtn GMT-6  bit.ly/virtualfriam un/subscribe
> http://redfish.com/mailman/listinfo/friam_redfish.com
> FRIAM-COMIC http://friam-comic.blogspot.com/
> archives: http://friam.471366.n2.nabble.com/
>
> - .... . -..-. . -. -.. -..-. .. ... -..-. .... . .-. .
> FRIAM Applied Complexity Group listserv
> Zoom Fridays 9:30a-12p Mtn GMT-6  bit.ly/virtualfriam
> un/subscribe http://redfish.com/mailman/listinfo/friam_redfish.com
> FRIAM-COMIC http://friam-comic.blogspot.com/
> archives: http://friam.471366.n2.nabble.com/
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://redfish.com/pipermail/friam_redfish.com/attachments/20210826/ecdbab89/attachment.html>