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Census Bureau

2 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Oct 25, 2024 by Phil Gramm · across every show →

Everything said about Census Bureau, oldest first

Oct 25, 2024 negative
Assertion Supported
Gramm: Real Top-to-Bottom Income Ratio Is 4:1, Not 16.7:1
“When you count all the transfer payments, you count all the income the census doesn't count, and you take into account taxes, the ratio of the top to bottom is four to one, not 16.7 to one.”
Phil Gramm Oct 25, 2024 ▶ 8:17 Economist Vs. Billionaire: How The Myth Of Income Inequality Is Dividing America · Joe Lonsdale
Oct 25, 2024 negative
Assertion Supported
Census Bureau Omits Two-Thirds of Transfer Payments From Household Income
“In measuring household income, the Census Bureau counts only about a third of all transfer payments as income to the recipients. It doesn't count food stamps. It doesn't count housing subsidies. It doesn't count Medicare. It doesn't count, and it doesn't take …”
Phil Gramm Oct 25, 2024 ▶ 5:35 Economist Vs. Billionaire: How The Myth Of Income Inequality Is Dividing America · Joe Lonsdale
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