Actual Experts

[canceled.2021.1]

You're cherry-picking select items in a large data series instead of looking at the categories as a whole. I posted the categorical data and it reflects modest price increases, nothing huge.

The full energy cinflation data I've already posted.

You include apples, oranges, tomatoes and bananas, but not other fruits and vegetable. Overall, fruit and vegetable prices haven't increased much at all over the past five years:

You look at whole milk, but not dairy more generally, which again haven't increased much:

Then you pick out ground beef, pork and eggs. Well, here's meat, poultry, fish and eggs and the story is similar. No big increases:

Inflation is a phantom problem. It isn't a problem at all.

You are a good little soldier aren't you?

Price of apples going up? Fuck you! Bananas? Fuck you! Eat other fruit.

OWEbama loves people like you

 

[Billy the Great Khan]

Inflation isn't hammering anyone. It just isn't.

Are you serious? Dude I spent $400 on GROCERIES for 2 peoples last month, and we buy store brand food. Now, that's still affordable for my wife and I, but god fucking damn I'm lucky that I"m not in the military anymore. Add in the fact that gas is over $4.00 and you can see the two biggest commodities are absolutely hammering every day people. Just because housing is worth shit, doesn't mean that the cost of living isn't raising for everyday people.

 

[Cancel 2016.2]

You're cherry-picking select items in a large data series instead of looking at the categories as a whole. I posted the categorical data and it reflects modest price increases, nothing huge.

The full energy cinflation data I've already posted.

You include apples, oranges, tomatoes and bananas, but not other fruits and vegetable. Overall, fruit and vegetable prices haven't increased much at all over the past five years:

You look at whole milk, but not dairy more generally, which again haven't increased much:

Then you pick out ground beef, pork and eggs. Well, here's meat, poultry, fish and eggs and the story is similar. No big increases:

Inflation is a phantom problem. It isn't a problem at all.

LMAO... so you don't see any major spikes since 2009? Interesting.... and quite hilarious.

Why is it you start your charts in 2007?

 

[Cancel 2016.2]

You're cherry-picking select items in a large data series instead of looking at the categories as a whole. I posted the categorical data and it reflects modest price increases, nothing huge.

The full energy cinflation data I've already posted.

You include apples, oranges, tomatoes and bananas, but not other fruits and vegetable. Overall, fruit and vegetable prices haven't increased much at all over the past five years:


You look at whole milk, but not dairy more generally, which again haven't increased much:




Then you pick out ground beef, pork and eggs. Well, here's meat, poultry, fish and eggs and the story is similar. No big increases:



Inflation is a phantom problem. It isn't a problem at all.

I took a look at the 'top items' because they are just that...

http://www.bls.gov/cpi/cpid1208.pdf

You can look through and see everything on this...

 

[Bonestorm]

LMAO... so you don't see any major spikes since 2009? Interesting.... and quite hilarious.

No, I see increases after a period of deflation consistent with the economic recovery, but I don't see any large increase in price relative to five years ago as you claimed. I also see declines most recently.

Why is it you start your charts in 2007?

It starts from roughly the last business cycle peak. They wouldn't be appreciably different if restricted to the past four year, which was the time frame you mentioned.

 

[Cancel 2016.11]

Not Internet "experts" fluffed by other idiots.

Just in case anyone wants to learn something...this is a great piece.

http://www.nybooks.com/articles/archives/2012/sep/27/what-krugman-stiglitz-can-tell-us/?page=1

Anyway, getting back to the actual experts as opposed to loud internet "experts" and their fluffers, I have both of these books downloaded on my ipad, I just haven't had a chance to read them yet. I think that they are well worth reading if you want to understand our economy. There is zero chance that the ridiculous income inequality we are experiencing is good for anyone other than the very wealthy and their servants in the financial services industry. Those very servants spend a good part of their work day on the internet attempting to divert attention from anything that points this out.

 

[Bonestorm]

I took a look at the 'top items' because they are just that...

http://www.bls.gov/cpi/cpid1208.pdf

You can look through and see everything on this...

You aren't looking at "top items." You're looking at individual items within a large category. I posted the overall category figures.

 

[Cancel 2016.2]

You aren't looking at "top items." You're looking at individual items within a large category. I posted the overall category figures.

No, you posted a CHART (you are not actually posting the DATA, there is a difference) that blended things together. I posted a link to the data. The 'top items' is the designation the BLS made... not me, you dolt. You can look at the individual items and for honest people who understand what people buy most... there is significant inflation shown on everyday items.

You can look at the expanded list of the CPI breakdown and you can see exactly what I was talking about.

 

[Cancel 2016.2]

Anyway, getting back to the actual experts as opposed to loud internet "experts" and their fluffers, I have both of these books downloaded on my ipad, I just haven't had a chance to read them yet. I think that they are well worth reading if you want to understand our economy. There is zero chance that the ridiculous income inequality we are experiencing is good for anyone other than the very wealthy and their servants in the financial services industry. Those very servants spend a good part of their work day on the internet attempting to divert attention from anything that points this out.

For someone who BITCHES about people commenting on her work, you sure seem to be intent on bringing up what others do for a living and mocking them. Amazing double standard you have, especially since you have me on IA, yet seem to be able to bitch about my comments. Hmmm.....

 

[Bonestorm]

No, you posted a CHART (you are not actually posting the DATA, there is a difference) that blended things together. I posted a link to the data. The 'top items' is the designation the BLS made... not me, you dolt. You can look at the individual items and for honest people who understand what people buy most... there is significant inflation shown on everyday items.

You can look at the expanded list of the CPI breakdown and you can see exactly what I was talking about.

The charts that I have posted are the data that you are linking to plotted out on an X-Y axis on a year over year percentage change basis. Fucking moron. And what I have posted are charts for food at home (groceries), apparel (clothing), energy, fruits and vegetables, dairy and related products, and meat, poultry, fish and eggs.

You claim that "nflation onFOOD, ENERGY and CLOTHING in the past four years IS hammering people" (with caps even) but it just isn't so.

 

[Cancel 2016.11]

For someone who BITCHES about people commenting on her work, you sure seem to be intent on bringing up what others do for a living and mocking them. Amazing double standard you have, especially since you have me on IA, yet seem to be able to bitch about my comments. Hmmm.....

Yes SF believe it or not I actually read the posts you put on the thread I started. Other than that I do avoid your posts and I do have you on IA.

Give me a break with your temper tantrum here. You talk all the time about your field, everyone here knows what it is. You know what you did in that post, just like you know what you did on Tom's thread. You have no honor and a very low character.

One time. If there is a second incident I don't go to Damo. Don't let there be that second time. I will never discuss this on this board again, flip out all you want.

 

[Cancel 2016.2]

Yes SF believe it or not I actually read the posts you put on the thread I started. Other than that I do avoid your posts and I do have you on IA.

Dearest Darla, how about you stop mentioning me in your posts and that way you won't get all enraged when I respond to them???

Also, again... I am free to comment on any thread I wish. You don't like that... tough shit.

Give me a break with your temper tantrum here.

You truly are a deranged lunatic. The only one who threw a tantrum today was again... YOU.

I responded to the article in the thread OP.

You talk all the time about your field, everyone here knows what it is.

So? You have stated that you are a business owner on the board Darla... hence you have clients. How many times have I heard you (though granted toppy does it far more) say that I rip off old ladies? You did it as a joke. Period. I understand that. I ripped on you in the same manner and you go apeshit? Yeah... you are indeed the one with the anger issues.

You know what you did in that post, just like you know what you did on Tom's thread. You have no honor and a very low character.

coming from you that is indeed laughable.

One time. If there is a second incident I don't go to Damo. Don't let there be that second time. I will never discuss this on this board again, flip out all you want.

Dearest Darla... fuck off.

Don't mention me or reference me ever again... or shut the fuck up. You don't get it both ways.

 

[Billy the Great Khan]

Dearest Darla, how about you stop mentioning me in your posts and that way you won't get all enraged when I respond to them???

Also, again... I am free to comment on any thread I wish. You don't like that... tough shit.



You truly are a deranged lunatic. The only one who threw a tantrum today was again... YOU.

I responded to the article in the thread OP.



So? You have stated that you are a business owner on the board Darla... hence you have clients. How many times have I heard you (though granted toppy does it far more) say that I rip off old ladies? You did it as a joke. Period. I understand that. I ripped on you in the same manner and you go apeshit? Yeah... you are indeed the one with the anger issues.



coming from you that is indeed laughable.



Dearest Darla... fuck off.

Don't mention me or reference me ever again... or shut the fuck up. You don't get it both ways.

Take it to PMs or the Warzone please. And that goes for Darla as well. But since she's on IA, I don't feel like making another click to quote her.

 

[Cancel 2016.2]

Take it to PMs or the Warzone please. And that goes for Darla as well. But since she's on IA, I don't feel like making another click to quote her.

I am pretty sure she is already in PMs....

That said she has me on IA... so no PM option.

also... make me biatch

 

[Mott the Hoople]

Neither Krugman nor Stiglitz are looking for the same outcomes from the economy as Obama. Obama has to ensure the corporate profit-taking.

Absolutely Obama will win a second term. But the question is, what will he do when he no longer has to worry about being re-elected? He didn't pay progressives much attention when he did. He did virtually nothing about banking failures and he ignored Krugman and Stiglitz on the size of the stimulus.

All indicators are that he will more more to the right.

That's probably because progressives didn't get him elected. It was the center left/center right demographics that did and the fact that he's being villified by the far left and the far right is proof enough that he's a moderate.

 

[Mott the Hoople]

Wow... the two warped Keynesians at it again...

This...



Is the best example of IRONY... EVER

Oh pulease! Spare us your supply side religion! We've had enough of that failed economic system. Bitch all you want but the Keynesian system works fairly for the vast majority of people where as your supply side religion only works for a handfull. It's time to move on and go with an economic system that's proven to work and not your religion.

 

[Mott the Hoople]

Lately I have been wondering if Obama is getting nervous about the polls. I mean, what if he wins so big that he has actual coattails that give him a liberal congress?

haha. Wouldn't that be funny.

Not gonna happen. The numbers right now are indicating that Repubs will keep the house and it's looking good they may take the Senate giving them complete control of Congress.

 

[Cancel 2016.2]

Oh pulease! Spare us your supply side religion! We've had enough of that failed economic system. Bitch all you want but the Keynesian system works fairly for the vast majority of people where as your supply side religion only works for a handfull. It's time to move on and go with an economic system that's proven to work and not your religion.

LMAO... you crack me up... tell us... has the median income fallen the past four years? Has the wage gap expanded? Has the wealth trended more to the top 1%?

The answer is yes to all of them... despite the Keynesian (albeit warped Keynesian) spending the past four plus years.

Keynes works... if applied correctly
Supply side works... if applied correctly

Applied incorrectly and they don't work in the long run. Imagine that... no applying something correctly and it not working... who would have thunk it.

The bullshit version of Keynesian theory being applied today (ie... spend spend spend) is a proven failure.

 

[Cancel 2016.2]

Not gonna happen. The numbers right now are indicating that Repubs will keep the house and it's looking good they may take the Senate giving them complete control of Congress.

No way the Dems take the House, they will be lucky to keep the Senate... my guess right now is a 50/50 Senate with Uncle Joe being the tie breaker...

that should be fun if it does indeed happen.

 

[Cancel 2016.11]

Not gonna happen. The numbers right now are indicating that Repubs will keep the house and it's looking good they may take the Senate giving them complete control of Congress.

We will see. I don't believe they will control both the house and the senate actually.