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  3. Inflation

Inflation

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  • T taiwan_girl
    23 Mar 2022, 00:39

    @Larry What is the reality? ☺

    L Offline
    L Offline
    Larry
    wrote on 23 Mar 2022, 01:09 last edited by
    #119

    @taiwan_girl said in Inflation:

    @Larry What is the reality? ☺

    That a president is NOT like a cheerleader. His decisions and policy moves have deep, long lasting effect both domestically and internationally. That your view that it doesnt matter who is in office because the outcome is the same either way is utterly wrong. You dont need data points to see that. Just pull up to a gas pump. Or any number of other things that are going on around you that utterly destroys your view. Anyone can make data points say whatever they want them to say. You can't however, escape reality. And the real world shows us in hundreds of ways every single day that your view is incorrect.

    T 1 Reply Last reply 23 Mar 2022, 01:54
    • L Larry
      23 Mar 2022, 01:09

      @taiwan_girl said in Inflation:

      @Larry What is the reality? ☺

      That a president is NOT like a cheerleader. His decisions and policy moves have deep, long lasting effect both domestically and internationally. That your view that it doesnt matter who is in office because the outcome is the same either way is utterly wrong. You dont need data points to see that. Just pull up to a gas pump. Or any number of other things that are going on around you that utterly destroys your view. Anyone can make data points say whatever they want them to say. You can't however, escape reality. And the real world shows us in hundreds of ways every single day that your view is incorrect.

      T Offline
      T Offline
      taiwan_girl
      wrote on 23 Mar 2022, 01:54 last edited by
      #120

      @Larry My view is that the President gets too much blame and too much credit for the economy. FULL STOP.

      I am not saying that who is in office does not matter. I think in many things, like foreign relations, it certainly does.

      My impression is that you believe that the economy does much better under a Republican president. You may be right. All I am asking is what information you use to determine that.

      GDP grow?
      Unemployment %?
      Gas Prices?
      People confidence?
      Stock market grow?
      10 year treasury rate?
      Private sector payroll?
      Inflation?
      etc

      (PS. I think that President Biden is overall doing a terrible job, but that does not change my belief above)

      L 1 Reply Last reply 23 Mar 2022, 01:59
      • T taiwan_girl
        23 Mar 2022, 01:54

        @Larry My view is that the President gets too much blame and too much credit for the economy. FULL STOP.

        I am not saying that who is in office does not matter. I think in many things, like foreign relations, it certainly does.

        My impression is that you believe that the economy does much better under a Republican president. You may be right. All I am asking is what information you use to determine that.

        GDP grow?
        Unemployment %?
        Gas Prices?
        People confidence?
        Stock market grow?
        10 year treasury rate?
        Private sector payroll?
        Inflation?
        etc

        (PS. I think that President Biden is overall doing a terrible job, but that does not change my belief above)

        L Offline
        L Offline
        Larry
        wrote on 23 Mar 2022, 01:59 last edited by
        #121

        @taiwan_girl said in Inflation:

        @Larry My view is that the President gets too much blame and too much credit for the economy. FULL STOP.

        I'm fully aware of what your view is.

        T 1 Reply Last reply 23 Mar 2022, 16:32
        • H Online
          H Online
          Horace
          wrote on 23 Mar 2022, 02:30 last edited by Horace
          #122

          Presidents are given 94.6% of the credit they deserve for the economy. That is a full 5.4% underestimation of the credit they should be given. I don’t know about you, but I simply refuse to give less credit than is duly owed. When I see someone giving insufficient credit, I take it upon myself to give an offsetting increase in credit. To do otherwise is simply immoral.

          Education is extremely important.

          1 Reply Last reply
          • L Larry
            23 Mar 2022, 01:59

            @taiwan_girl said in Inflation:

            @Larry My view is that the President gets too much blame and too much credit for the economy. FULL STOP.

            I'm fully aware of what your view is.

            T Offline
            T Offline
            taiwan_girl
            wrote on 23 Mar 2022, 16:32 last edited by
            #123

            @Larry said in Inflation:

            @taiwan_girl said in Inflation:

            @Larry My view is that the President gets too much blame and too much credit for the economy. FULL STOP.

            I'm fully aware of what your view is.

            But I am not aware of your view, other than "Democrats bad, Republicans good" 😊

            I use the below to think how the economy is doing

            GDP grow
            Unemployment %
            People confidence
            Stock market grow
            10 year treasury rate
            Private sector payroll
            Inflation

            What do you use?

            If you dont want to answer, that is fine. I can accept that, but it is hard, in my opinion, to have a discussion about the "performance" of the economy without some sort of data.

            J 1 Reply Last reply 23 Mar 2022, 16:42
            • T taiwan_girl
              23 Mar 2022, 16:32

              @Larry said in Inflation:

              @taiwan_girl said in Inflation:

              @Larry My view is that the President gets too much blame and too much credit for the economy. FULL STOP.

              I'm fully aware of what your view is.

              But I am not aware of your view, other than "Democrats bad, Republicans good" 😊

              I use the below to think how the economy is doing

              GDP grow
              Unemployment %
              People confidence
              Stock market grow
              10 year treasury rate
              Private sector payroll
              Inflation

              What do you use?

              If you dont want to answer, that is fine. I can accept that, but it is hard, in my opinion, to have a discussion about the "performance" of the economy without some sort of data.

              J Offline
              J Offline
              Jolly
              wrote on 23 Mar 2022, 16:42 last edited by
              #124

              @taiwan_girl said in Inflation:

              @Larry said in Inflation:

              @taiwan_girl said in Inflation:

              @Larry My view is that the President gets too much blame and too much credit for the economy. FULL STOP.

              I'm fully aware of what your view is.

              But I am not aware of your view, other than "Democrats bad, Republicans good" 😊

              I use the below to think how the economy is doing

              GDP grow
              Unemployment %
              People confidence
              Stock market grow
              10 year treasury rate
              Private sector payroll
              Inflation

              What do you use?

              If you dont want to answer, that is fine. I can accept that, but it is hard, in my opinion, to have a discussion about the "performance" of the economy without some sort of data.

              Larry is saying you live in a world of data. Data can be manipulated. Figures lie and liars figure, so to speak.

              Folks that actually live out there in the real world, who are currently eating chicken instead of beef roast, trying to keep old jalopies running because the price of new and used cars has gone through the roof, shaking their head at $90,000 pickups, let alone contemplating whether to fill their car up with gas or eat, and wondering how in the hell they'll ever afford a home, can certainly fill you in on the finer points of inflation and who caused it.

              And you know, all your neat figures don't mean a damn to those people.

              “Cry havoc and let slip the DOGE of war!”

              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

              T 1 Reply Last reply 23 Mar 2022, 17:13
              • J Jolly
                23 Mar 2022, 16:42

                @taiwan_girl said in Inflation:

                @Larry said in Inflation:

                @taiwan_girl said in Inflation:

                @Larry My view is that the President gets too much blame and too much credit for the economy. FULL STOP.

                I'm fully aware of what your view is.

                But I am not aware of your view, other than "Democrats bad, Republicans good" 😊

                I use the below to think how the economy is doing

                GDP grow
                Unemployment %
                People confidence
                Stock market grow
                10 year treasury rate
                Private sector payroll
                Inflation

                What do you use?

                If you dont want to answer, that is fine. I can accept that, but it is hard, in my opinion, to have a discussion about the "performance" of the economy without some sort of data.

                Larry is saying you live in a world of data. Data can be manipulated. Figures lie and liars figure, so to speak.

                Folks that actually live out there in the real world, who are currently eating chicken instead of beef roast, trying to keep old jalopies running because the price of new and used cars has gone through the roof, shaking their head at $90,000 pickups, let alone contemplating whether to fill their car up with gas or eat, and wondering how in the hell they'll ever afford a home, can certainly fill you in on the finer points of inflation and who caused it.

                And you know, all your neat figures don't mean a damn to those people.

                T Offline
                T Offline
                taiwan_girl
                wrote on 23 Mar 2022, 17:13 last edited by taiwan_girl
                #125

                @Jolly

                Jolly, in your post, you use "data", which seems to be inflation.

                I think it was you, (or maybe Jon or George) who used the term "tribe" to describe politics in the US right now. I think it is an accurate term and a good one.

                There is a tendency now to use politics when looking at everything.

                By looking at some of the data, I am trying to remove politics from it.

                I realize that it cannot be 100% done, but it is a start.

                (again, I am not specifically talking about the current times. I agree that President Biden is not doing a very good job. I am thinking about historic data and the tendency to say that because the President is from your "tribe", the economy does great!! When he is from the other "tribe", the economy is terrible. I dont think that is true and I think that "data" will prove me right. 555)

                J L 2 Replies Last reply 23 Mar 2022, 17:36
                • T taiwan_girl
                  23 Mar 2022, 17:13

                  @Jolly

                  Jolly, in your post, you use "data", which seems to be inflation.

                  I think it was you, (or maybe Jon or George) who used the term "tribe" to describe politics in the US right now. I think it is an accurate term and a good one.

                  There is a tendency now to use politics when looking at everything.

                  By looking at some of the data, I am trying to remove politics from it.

                  I realize that it cannot be 100% done, but it is a start.

                  (again, I am not specifically talking about the current times. I agree that President Biden is not doing a very good job. I am thinking about historic data and the tendency to say that because the President is from your "tribe", the economy does great!! When he is from the other "tribe", the economy is terrible. I dont think that is true and I think that "data" will prove me right. 555)

                  J Offline
                  J Offline
                  Jolly
                  wrote on 23 Mar 2022, 17:36 last edited by
                  #126

                  @taiwan_girl said in Inflation:

                  @Jolly

                  Jolly, in your post, you use "data", which seems to be inflation.

                  I think it was you, (or maybe Jon or George) who used the term "tribe" to describe politics in the US right now. I think it is an accurate term and a good one.

                  There is a tendency now to use politics when looking at everything.

                  By looking at some of the data, I am trying to remove politics from it.

                  I realize that it cannot be 100% done, but it is a start.

                  (again, I am not specifically talking about the current times. I agree that President Biden is not doing a very good job. I am thinking about historic data and the tendency to say that because the President is from your "tribe", the economy does great!! When he is from the other "tribe", the economy is terrible. I dont think that is true and I think that "data" will prove me right. 555)

                  You can paint it any way you wish. The average person would ignore you.

                  Because what are you going to believe...This list of data or graphs? Or the money you are taking out of your wallet?

                  “Cry havoc and let slip the DOGE of war!”

                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                  1 Reply Last reply
                  • T taiwan_girl
                    23 Mar 2022, 17:13

                    @Jolly

                    Jolly, in your post, you use "data", which seems to be inflation.

                    I think it was you, (or maybe Jon or George) who used the term "tribe" to describe politics in the US right now. I think it is an accurate term and a good one.

                    There is a tendency now to use politics when looking at everything.

                    By looking at some of the data, I am trying to remove politics from it.

                    I realize that it cannot be 100% done, but it is a start.

                    (again, I am not specifically talking about the current times. I agree that President Biden is not doing a very good job. I am thinking about historic data and the tendency to say that because the President is from your "tribe", the economy does great!! When he is from the other "tribe", the economy is terrible. I dont think that is true and I think that "data" will prove me right. 555)

                    L Offline
                    L Offline
                    Larry
                    wrote on 23 Mar 2022, 17:55 last edited by
                    #127

                    @taiwan_girl said in Inflation:

                    @Jolly

                    Jolly, in your post, you use "data", which seems to be inflation.

                    I think it was you, (or maybe Jon or George) who used the term "tribe" to describe politics in the US right now. I think it is an accurate term and a good one.

                    There is a tendency now to use politics when looking at everything.

                    By looking at some of the data, I am trying to remove politics from it.

                    I realize that it cannot be 100% done, but it is a start.

                    (again, I am not specifically talking about the current times. I agree that President Biden is not doing a very good job. I am thinking about historic data and the tendency to say that because the President is from your "tribe", the economy does great!! When he is from the other "tribe", the economy is terrible. I dont think that is true and I think that "data" will prove me right. 555)

                    In other words, you have preconcieved beliefs that are political in nature that you want to prove by searching through "data" until you find something to hang your hat on, and then you can push your delusion that you did it without any influence from political views.

                    1 Reply Last reply
                    • K Offline
                      K Offline
                      Klaus
                      wrote on 23 Mar 2022, 17:55 last edited by Klaus
                      #128

                      de486ef5-e24c-4ab5-a84a-9e8aa8f94e45-image.png

                      The idea of "lived experience" is very much associated with woke ideology, because it is so subjective and easy to manipulate.

                      Data can be presented in a manipulative way, but the data itself can only be one of two things: Correct or incorrect.

                      L 1 Reply Last reply 23 Mar 2022, 17:58
                      • K Klaus
                        23 Mar 2022, 17:55

                        de486ef5-e24c-4ab5-a84a-9e8aa8f94e45-image.png

                        The idea of "lived experience" is very much associated with woke ideology, because it is so subjective and easy to manipulate.

                        Data can be presented in a manipulative way, but the data itself can only be one of two things: Correct or incorrect.

                        L Offline
                        L Offline
                        Larry
                        wrote on 23 Mar 2022, 17:58 last edited by
                        #129

                        @Klaus said in Inflation:

                        de486ef5-e24c-4ab5-a84a-9e8aa8f94e45-image.png

                        The idea of "lived experience" is very much associated with woke ideology.

                        So.... 2 plus 2 equals 13 to your way of thinking.

                        K 1 Reply Last reply 23 Mar 2022, 18:00
                        • L Larry
                          23 Mar 2022, 17:58

                          @Klaus said in Inflation:

                          de486ef5-e24c-4ab5-a84a-9e8aa8f94e45-image.png

                          The idea of "lived experience" is very much associated with woke ideology.

                          So.... 2 plus 2 equals 13 to your way of thinking.

                          K Offline
                          K Offline
                          Klaus
                          wrote on 23 Mar 2022, 18:00 last edited by
                          #130

                          @Larry said in Inflation:

                          So.... 2 plus 2 equals 13 to your way of thinking.

                          No. That may be your "lived experience" of arithmetic. I prefer to go by the data, which suggests that the answer is 4.

                          L 1 Reply Last reply 23 Mar 2022, 18:06
                          • K Klaus
                            23 Mar 2022, 18:00

                            @Larry said in Inflation:

                            So.... 2 plus 2 equals 13 to your way of thinking.

                            No. That may be your "lived experience" of arithmetic. I prefer to go by the data, which suggests that the answer is 4.

                            L Offline
                            L Offline
                            Larry
                            wrote on 23 Mar 2022, 18:06 last edited by
                            #131

                            @Klaus said in Inflation:

                            @Larry said in Inflation:

                            So.... 2 plus 2 equals 13 to your way of thinking.

                            No. That may be your "lived experience" of arithmetic. I prefer to go by the data, which suggests that the answer is 4.

                            Of course the answer is 4. But you just took two points that have nothing to do with each other, attempted to tie them together and give them equal value, and from their reach a conclusion that had nothing to do with anything. Here's the sad part - I believe that absent the input from morons like you, TG is intelligent enough to u derstand what is being said to her. I don't see you as being capable of such rational thinking.

                            1 Reply Last reply
                            • K Offline
                              K Offline
                              Klaus
                              wrote on 23 Mar 2022, 18:12 last edited by Klaus
                              #132

                              I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

                              L L 2 Replies Last reply 23 Mar 2022, 18:27
                              • K Klaus
                                23 Mar 2022, 18:12

                                I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

                                L Offline
                                L Offline
                                Larry
                                wrote on 23 Mar 2022, 18:27 last edited by Larry
                                #133

                                @Klaus said in Inflation:

                                I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

                                Lived experience is NOT associated with progressive left wing policy. That's why I said you tried to add 2 plus 2 and say it equals 13. TG takes a flawed approach and tries to reach a rational conclusion, you just make shit up.

                                Now fuck off. You have no credibility to me.

                                1 Reply Last reply
                                • H Online
                                  H Online
                                  Horace
                                  wrote on 23 Mar 2022, 18:49 last edited by
                                  #134

                                  Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

                                  Education is extremely important.

                                  K 1 Reply Last reply 23 Mar 2022, 19:51
                                  • D Offline
                                    D Offline
                                    Doctor Phibes
                                    wrote on 23 Mar 2022, 19:25 last edited by
                                    #135

                                    I've noticed that a number of my old school chums refer to attending 'The University of Life' on Facebook. At least a couple of them need to ask for their money back, IMHO.

                                    I was only joking

                                    1 Reply Last reply
                                    • K Klaus
                                      23 Mar 2022, 18:12

                                      I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

                                      L Offline
                                      L Offline
                                      LuFins Dad
                                      wrote on 23 Mar 2022, 19:43 last edited by
                                      #136

                                      @Klaus said in Inflation:

                                      I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

                                      I agree except when I see actual data being manipulated. When I see formulas being changed and data and suppositions not being rigorously challenged and tested, then I have doubts about whether it’s really science. And in those situations, you unfortunately have to look for the subjective.

                                      The Brad

                                      1 Reply Last reply
                                      • H Horace
                                        23 Mar 2022, 18:49

                                        Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

                                        K Offline
                                        K Offline
                                        Klaus
                                        wrote on 23 Mar 2022, 19:51 last edited by
                                        #137

                                        @Horace said in Inflation:

                                        Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

                                        I agree, but if it is a "general case lived experience" then you can also quantify it in the form of data.

                                        H 1 Reply Last reply 23 Mar 2022, 20:02
                                        • K Klaus
                                          23 Mar 2022, 19:51

                                          @Horace said in Inflation:

                                          Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

                                          I agree, but if it is a "general case lived experience" then you can also quantify it in the form of data.

                                          H Online
                                          H Online
                                          Horace
                                          wrote on 23 Mar 2022, 20:02 last edited by
                                          #138

                                          @Klaus said in Inflation:

                                          @Horace said in Inflation:

                                          Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

                                          I agree, but if it is a "general case lived experience" then you can also quantify it in the form of data.

                                          I don't think it would be too difficult to attach numbers to the average experience with inflation. You know, for those who make around 300k per year.

                                          Education is extremely important.

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