Statistical Distortions


Nothing against the social message, which I support, but this movie is loaded with what appear to be intentional statistical distortions. As just one example, look at the Dow Jones chart, 6 minutes in. Notice:

1) That although it purports to depict the Dow Jones Industrial Average from 1979 to 2007, the data is flat wrong. As anyone who has been in the stock market since 2000 can attest, we are basically at the same level today, yet the chart show meteoric growth;

2) The line directly above the chart states that the article above relates to "President Bush" giving "hints about second-term plans." Bush could only have been planning his second term before 2004. So, how does this chart below it show data through 2007?;

3) The units are not explained, but do not match the price level of the Dow Jones Industrial average, which has been bouncing around, essentially flat, for 10 years at between about 11 and 12,000. The chart shows some strange unit of around 800, doubling from 400 in 2000.

By any measure, the DOW did not double in the last 10 years, but the filmmaker generates that errant impression of doubling wealth - which matches his thesis that the rich get richer, but does not match reality.

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Johnson had a class warfare / rich guilt agenda to push, he wasn't about to let facts get in the way! He apparently has no grasp of business nor of economics either, I can see why the economist eventually told him that he wasn't talking to him anymore. J&J should be glad that he doesn't want to work in the family business. The movie should have been called "Rich and Stupid Enough to Feel Guilty About it".

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FYI: "data" is a plural word.

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The movie is listed as being made in 2006 ... so I don't know how 2007 data from the stock market would make it in there?
This is not a serious movie, I'll agree with you there.

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the film was revised in 2008 for HBO release, per Wiki https://en.wikipedia.org/wiki/The_One_Percent_(film)

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