Home › Forums › Financial Markets/Economics › This is the terrible economic Pain we are feeling?
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April 3, 2008 at 11:57 PM #181019April 4, 2008 at 2:07 AM #180704AnonymousGuest
Submitted by surveyor on April 3, 2008 – 5:09pm.
Let’s look at the definition of correlation. It states that casuality is ONE of the ways a correlation is made.
Now your statement says that “correlation does not imply causation”. Actually, I beg to differ. Correlation DOES IMPLY causation.
Yeah, but the keyword here is “ONE”. Causality is only one of the ways a correlation is made, there are others; Therefore correlation does NOT imply causality. DR is right in this case, dude.
April 4, 2008 at 2:07 AM #180992AnonymousGuestSubmitted by surveyor on April 3, 2008 – 5:09pm.
Let’s look at the definition of correlation. It states that casuality is ONE of the ways a correlation is made.
Now your statement says that “correlation does not imply causation”. Actually, I beg to differ. Correlation DOES IMPLY causation.
Yeah, but the keyword here is “ONE”. Causality is only one of the ways a correlation is made, there are others; Therefore correlation does NOT imply causality. DR is right in this case, dude.
April 4, 2008 at 2:07 AM #180994AnonymousGuestSubmitted by surveyor on April 3, 2008 – 5:09pm.
Let’s look at the definition of correlation. It states that casuality is ONE of the ways a correlation is made.
Now your statement says that “correlation does not imply causation”. Actually, I beg to differ. Correlation DOES IMPLY causation.
Yeah, but the keyword here is “ONE”. Causality is only one of the ways a correlation is made, there are others; Therefore correlation does NOT imply causality. DR is right in this case, dude.
April 4, 2008 at 2:07 AM #181025AnonymousGuestSubmitted by surveyor on April 3, 2008 – 5:09pm.
Let’s look at the definition of correlation. It states that casuality is ONE of the ways a correlation is made.
Now your statement says that “correlation does not imply causation”. Actually, I beg to differ. Correlation DOES IMPLY causation.
Yeah, but the keyword here is “ONE”. Causality is only one of the ways a correlation is made, there are others; Therefore correlation does NOT imply causality. DR is right in this case, dude.
April 4, 2008 at 2:07 AM #181027AnonymousGuestSubmitted by surveyor on April 3, 2008 – 5:09pm.
Let’s look at the definition of correlation. It states that casuality is ONE of the ways a correlation is made.
Now your statement says that “correlation does not imply causation”. Actually, I beg to differ. Correlation DOES IMPLY causation.
Yeah, but the keyword here is “ONE”. Causality is only one of the ways a correlation is made, there are others; Therefore correlation does NOT imply causality. DR is right in this case, dude.
April 4, 2008 at 8:05 AM #180739afx114ParticipantIf you are going to say that owning a house leads to an improved childhood, you might as well say that owning a BMW or owning a 60″ flat screen improves your childhood. Its not the owning of stuff, its the *ability* to own stuff, including health care, medicine, educational tools, etc that improves a childhood. Saying that owning a house is itself an indicator of a successful childhood is missing the forrest for the trees.
April 4, 2008 at 8:05 AM #181020afx114ParticipantIf you are going to say that owning a house leads to an improved childhood, you might as well say that owning a BMW or owning a 60″ flat screen improves your childhood. Its not the owning of stuff, its the *ability* to own stuff, including health care, medicine, educational tools, etc that improves a childhood. Saying that owning a house is itself an indicator of a successful childhood is missing the forrest for the trees.
April 4, 2008 at 8:05 AM #181022afx114ParticipantIf you are going to say that owning a house leads to an improved childhood, you might as well say that owning a BMW or owning a 60″ flat screen improves your childhood. Its not the owning of stuff, its the *ability* to own stuff, including health care, medicine, educational tools, etc that improves a childhood. Saying that owning a house is itself an indicator of a successful childhood is missing the forrest for the trees.
April 4, 2008 at 8:05 AM #181054afx114ParticipantIf you are going to say that owning a house leads to an improved childhood, you might as well say that owning a BMW or owning a 60″ flat screen improves your childhood. Its not the owning of stuff, its the *ability* to own stuff, including health care, medicine, educational tools, etc that improves a childhood. Saying that owning a house is itself an indicator of a successful childhood is missing the forrest for the trees.
April 4, 2008 at 8:05 AM #181055afx114ParticipantIf you are going to say that owning a house leads to an improved childhood, you might as well say that owning a BMW or owning a 60″ flat screen improves your childhood. Its not the owning of stuff, its the *ability* to own stuff, including health care, medicine, educational tools, etc that improves a childhood. Saying that owning a house is itself an indicator of a successful childhood is missing the forrest for the trees.
April 4, 2008 at 10:20 AM #181067DWCAPParticipantThe thing I learned reading up on this subject is that alot of people confuse what is good for children with atributes that are comonly found with home ownership. Children do best under stable, loving households with active/attentive parents. Weither they pay rent or morgage is irrelevant, as long as all the bills are paid and constantant problems of insufficient money are not present in the house they will be fine. Higher income people tend to have more time and resources to dedicate to their household and children than lower income people, and this brings more stable atmospheres that allow for greater success. Ownership may be a common way to identify a stable household but it in no means is a qualification for one. Infact lower income (maybe just younger/less experienced) parents may do BETTER as renters if they are able to dedicate more resources to their childs upbringing by a reduced rent payment vs a morgage.
Whats most important is not the status of Owner or Renter, but the quality of the household the child is reared in and the level of dedication of the parents to the success of their child.
April 4, 2008 at 10:20 AM #181069DWCAPParticipantThe thing I learned reading up on this subject is that alot of people confuse what is good for children with atributes that are comonly found with home ownership. Children do best under stable, loving households with active/attentive parents. Weither they pay rent or morgage is irrelevant, as long as all the bills are paid and constantant problems of insufficient money are not present in the house they will be fine. Higher income people tend to have more time and resources to dedicate to their household and children than lower income people, and this brings more stable atmospheres that allow for greater success. Ownership may be a common way to identify a stable household but it in no means is a qualification for one. Infact lower income (maybe just younger/less experienced) parents may do BETTER as renters if they are able to dedicate more resources to their childs upbringing by a reduced rent payment vs a morgage.
Whats most important is not the status of Owner or Renter, but the quality of the household the child is reared in and the level of dedication of the parents to the success of their child.
April 4, 2008 at 10:20 AM #181102DWCAPParticipantThe thing I learned reading up on this subject is that alot of people confuse what is good for children with atributes that are comonly found with home ownership. Children do best under stable, loving households with active/attentive parents. Weither they pay rent or morgage is irrelevant, as long as all the bills are paid and constantant problems of insufficient money are not present in the house they will be fine. Higher income people tend to have more time and resources to dedicate to their household and children than lower income people, and this brings more stable atmospheres that allow for greater success. Ownership may be a common way to identify a stable household but it in no means is a qualification for one. Infact lower income (maybe just younger/less experienced) parents may do BETTER as renters if they are able to dedicate more resources to their childs upbringing by a reduced rent payment vs a morgage.
Whats most important is not the status of Owner or Renter, but the quality of the household the child is reared in and the level of dedication of the parents to the success of their child.
April 4, 2008 at 10:20 AM #181106DWCAPParticipantThe thing I learned reading up on this subject is that alot of people confuse what is good for children with atributes that are comonly found with home ownership. Children do best under stable, loving households with active/attentive parents. Weither they pay rent or morgage is irrelevant, as long as all the bills are paid and constantant problems of insufficient money are not present in the house they will be fine. Higher income people tend to have more time and resources to dedicate to their household and children than lower income people, and this brings more stable atmospheres that allow for greater success. Ownership may be a common way to identify a stable household but it in no means is a qualification for one. Infact lower income (maybe just younger/less experienced) parents may do BETTER as renters if they are able to dedicate more resources to their childs upbringing by a reduced rent payment vs a morgage.
Whats most important is not the status of Owner or Renter, but the quality of the household the child is reared in and the level of dedication of the parents to the success of their child.
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