to your HTML Add class="sortable" to any table you'd like to make sortable Click on the headers to sort Thanks to many, many people for contributions and suggestions. Licenced as X11: http://www.kryogenix.org/code/browser/licence.html This basically means: do what you want with it. */ var stIsIE = /*@cc_on!@*/false; sorttable = { init: function() { // quit if this function has already been called if (arguments.callee.done) return; // flag this function so we don't do the same thing twice arguments.callee.done = true; // kill the timer if (_timer) clearInterval(_timer); if (!document.createElement || !document.getElementsByTagName) return; sorttable.DATE_RE = /^(\d\d?)[\/\.-](\d\d?)[\/\.-]((\d\d)?\d\d)$/; forEach(document.getElementsByTagName('table'), function(table) { if (table.className.search(/\bsortable\b/) != -1) { sorttable.makeSortable(table); } }); }, makeSortable: function(table) { if (table.getElementsByTagName('thead').length == 0) { // table doesn't have a tHead. Since it should have, create one and // put the first table row in it. the = document.createElement('thead'); the.appendChild(table.rows[0]); table.insertBefore(the,table.firstChild); } // Safari doesn't support table.tHead, sigh if (table.tHead == null) table.tHead = table.getElementsByTagName('thead')[0]; if (table.tHead.rows.length != 1) return; // can't cope with two header rows // Sorttable v1 put rows with a class of "sortbottom" at the bottom (as // "total" rows, for example). This is B&R, since what you're supposed // to do is put them in a tfoot. So, if there are sortbottom rows, // for backwards compatibility, move them to tfoot (creating it if needed). sortbottomrows = []; for (var i=0; i
Recently, Political Calculations asked and answered the question of how well American families are handling their debt using data from the Federal Reserve's 2004 Survey of Consumer Finances, which was published in February 2006. Today, we're going back to that source to answer a different question - who's more likely to be in debt: the rich or the poor?
Using net worth as our metric for determining wealth status, we'll first look at who's in debt by seeing how many people in each of the report's net worth percentile brackets (profiled here) have any debt of any kind. The following table has been extracted from Table 11 (p A28) of the survey report:
Debt Holding Status by Net Worth Percentiles | ||
---|---|---|
Net Worth Percentile Bracket | Percentage of Families in Bracket with Debt | Percentage of Families in Bracket Without Debt |
0 - 25 | 64.9% | 35.1% |
25 - 50 | 83.8% | 16.2% |
50 - 75 | 83.2% | 16.8% |
75 - 90 | 74.6% | 25.4% |
90 - 100 | 72.7% | 27.3% |
Remarkably, we see that the poorest group, defined as those in the 0 to 25th net worth percentile bracket, are the least likely to even have debt, with 35.1% of this group being debt free! Instead, we find that the group most likely to have debt is in the 25th to 50th percentile bracket, whose net worth ranges from $13,300 at the low end to $93,100 at the high end. The second most likely group to have debt, following closely behind the 25-50th percentile group, is found in the 50th to 75th percentile bracket, where the net worth of families at the top end of the bracket is $328,500.
Who might have guessed that those with the lowest net worth would be the least likely to have debt?!
Labels: debt management
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Closing values for previous trading day.
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