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Inflation

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  • LarryL Larry

    @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.

    taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote on 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.

    JollyJ 1 Reply Last reply
    • taiwan_girlT taiwan_girl

      @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.

      JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on 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

      taiwan_girlT 1 Reply Last reply
      • JollyJ Jolly

        @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.

        taiwan_girlT Offline
        taiwan_girlT Offline
        taiwan_girl
        wrote on 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)

        JollyJ LarryL 2 Replies Last reply
        • taiwan_girlT taiwan_girl

          @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)

          JollyJ Offline
          JollyJ Offline
          Jolly
          wrote on 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
          • taiwan_girlT taiwan_girl

            @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)

            LarryL Offline
            LarryL Offline
            Larry
            wrote on 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
            • KlausK Offline
              KlausK Offline
              Klaus
              wrote on 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.

              LarryL 1 Reply Last reply
              • KlausK Klaus

                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.

                LarryL Offline
                LarryL Offline
                Larry
                wrote on 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.

                KlausK 1 Reply Last reply
                • LarryL Larry

                  @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.

                  KlausK Offline
                  KlausK Offline
                  Klaus
                  wrote on 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.

                  LarryL 1 Reply Last reply
                  • KlausK Klaus

                    @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.

                    LarryL Offline
                    LarryL Offline
                    Larry
                    wrote on 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
                    • KlausK Offline
                      KlausK Offline
                      Klaus
                      wrote on 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.

                      LarryL LuFins DadL 2 Replies Last reply
                      • KlausK Klaus

                        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.

                        LarryL Offline
                        LarryL Offline
                        Larry
                        wrote on 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
                        • HoraceH Offline
                          HoraceH Offline
                          Horace
                          wrote on 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.

                          KlausK 1 Reply Last reply
                          • Doctor PhibesD Offline
                            Doctor PhibesD Offline
                            Doctor Phibes
                            wrote on 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
                            • KlausK Klaus

                              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.

                              LuFins DadL Offline
                              LuFins DadL Offline
                              LuFins Dad
                              wrote on 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
                              • HoraceH Horace

                                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.

                                KlausK Offline
                                KlausK Offline
                                Klaus
                                wrote on 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.

                                HoraceH 1 Reply Last reply
                                • KlausK Klaus

                                  @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.

                                  HoraceH Offline
                                  HoraceH Offline
                                  Horace
                                  wrote on 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.

                                  1 Reply Last reply
                                  • George KG Offline
                                    George KG Offline
                                    George K
                                    wrote on last edited by
                                    #139

                                    9.1% announced today.

                                    U.S. inflation reached 9.1% in June, its highest rate in nearly 41 years, the Labor Department said Wednesday.

                                    Investor expectations of slowing economic growth world-wide have led to a decline in commodity prices in recent weeks, including for oil, copper, wheat and corn, after those prices rose sharply following the Russian invasion of Ukraine. Retailers have warned of the need to discount goods, especially apparel and home goods, that are out of sync with customer preferences as spending shifts to services and away from goods, and consumers spend down elevated savings. Economists expect those developments to subdue price pressures in the coming months.

                                    “There’s a pretty serious recession fear affecting a broad range of asset prices,” said Laura Rosner-Warburton, senior economist at MacroPolicy Perspectives.

                                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                    1 Reply Last reply
                                    • JollyJ Offline
                                      JollyJ Offline
                                      Jolly
                                      wrote on last edited by
                                      #140

                                      It's higher than that, and we all know it.

                                      “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
                                      • George KG Offline
                                        George KG Offline
                                        George K
                                        wrote on last edited by
                                        #141

                                        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                        1 Reply Last reply
                                        • George KG Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #142

                                          91INFLATION-587x600.jpg

                                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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