I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 83 of 84
Quote:
Originally posted by second:
What happened to productivity after the Great Recession (Dec 2007 to June 2009)?
By Kevin Drum | September 26, 2024 – 10:31 pm
The Great Recession produced a sudden and permanent reduction in the growth rate of labor productivity:
Productivity today is 20% lower than it would have been if it had kept growing at its rate of the previous few decades.
But what was the cause of the slowdown? The recession itself? Our tepid response to it? Or was the old growth rate a bubble that we were simply never going to be able to keep up forever?
I don't think Kevin understands what Labor Productivity is.
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Trump will be fine.
He will also be your next President.
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Quote:Since my days in engineering school, people have been telling me they are so much more knowledgeable than the experts. In the case of college, the people claimed to know more than the professors. I'd say to them: "You listen to the voices in your head and I will listen to the professors. In time you and I will see who graduates and who does not." 6ix, in your case, there is no person who will flunk you as way to break through your invincible ignorance. You will keep on thinking you know more than you do.
Originally posted by 6ixStringJack:
I don't think Kevin understands what Labor Productivity is.
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Trump will be fine.
He will also be your next President.
https://en.wikipedia.org/wiki/Invincible_ignorance_fallacy
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah.
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Trump will be fine.
He will also be your next President.
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Quote:
Originally posted by 6ixStringJack:Quote:
Originally posted:
What happened to productivity after the Great Recession (Dec 2007 to June 2009)?
By Kevin Drum | September 26, 2024 – 10:31 pm
The Great Recession produced a sudden and permanent reduction in the growth rate of labor productivity:
Quote:Retard Kevin also does not understand simple numbers, math, graphs, trends.Quote:I don't think Kevin understands what Labor Productivity is.
Productivity today is 20% lower than it would have been if it had kept growing at its rate of the previous few decades.
But what was the cause of the slowdown? The recession itself? Our tepid response to it? Or was the old growth rate a bubble that we were simply never going to be able to keep up forever?
If you look at the graph that he displays (regardless of what it actually represents), you can see that from 1980 to 2006 there was an increase of about 40. That is a span of 26 years, or a pace of 20 per 13 years.
Even with the disastrous Obamanomics, it looks like 13 years later (2019), the data is almost up to 20 again - just a tad shy.
But moron Kevin thinks that to continue the pace of 40 every 26 years, the data should show a gain of 40 in only 13 years.
His level of retardation is astounding.
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Quote:You just don't understand how things work.
Originally posted by 6ixStringJack:
Oh good. We just gave BILLIONS more to Ukraine for nothing.
We even had Josh Shapiro there, arm-in-arm with the NeoCons signing missiles with sharpies before sticking them up each other's asses and blowing each other.
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Trump will be fine.
He will also be your next President.
Obama/Biden MUST give billions to Ukraine, so that Ukraine can then return millions to The Biden Crime Family as bribes, kickbacks, contributions, donations, or something. Benn going on for at least a decade now, why haven't you caught on?
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Quote:There is tremendous data about yourself in your reply: High-strung. Thin-skinned. Repetitive. Thick skull. Dimwit. Braggart. Immodest.
Originally posted by 6ixStringJack:
Blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah.
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Trump will be fine.
He will also be your next President.
Inflation is down! This is PCE inflation, the Fed's favorite, and the core rate (i.e., everything except food and energy) is down to 1.6%.
https://www.bea.gov/news/2024/personal-income-and-outlays-august-2024
On a conventional year-over-year basis, headline PCE is down to 2.2% and core PCE is down to 2.7%.
https://jabberwocking.com/in-which-i-return-to-life-and-announce-new-l
ower-inflation-rates/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by second:Quote:There is tremendous data about yourself in your reply: High-strung. Thin-skinned. Repetitive. Thick skull. Dimwit. Braggart. Immodest.
Originally posted by 6ixStringJack:
Blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah.
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Trump will be fine.
He will also be your next President.
Yup. That describes every post that you've ever made, Wetware.
Why don't you tell us again how Democrat voters never get sick because they never sin.
*yawn*
Also... Nobody but dumbasses like you and Kevin Drum are celebrating that inflation only right before the election has gotten back down to higher than it was when Trump left office. Prices increased in only 4 years what should have taken 12 with Biden*/Harris. Maybe you should ask Kevin why he didn't show 2021 on that graph when he was having fun with Photoshop and pretending he's an economist.
And you can go right back to the beginning of this thread and read the history of your lying Legacy Media pretending that there wasn't any inflation, and you two dumb fucks pretending it didn't exist for over a year before the media admitted that it was real. And even then they lied for half a year and told you it was transitory.
Nobody believes any of you cunts about anything anymore.
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Trump will be fine.
He will also be your next President.
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Quote:6ix, just that one sentence reminds me that you are gripped by mental illness. It is kind of no surprise that you don't have an income, which pretty much makes it impossible to keep up with inflation. Even a 20% per year increase times zero income is still zero. Trump would be in the same situation as you, except he is energetically swindling people. Trump hawks $100,000 watches as he leverages his candidacy for profit
Originally posted by 6ixStringJack:
Why don't you tell us again how Democrat voters never get sick because they never sin.
*yawn*
https://www.cnn.com/2024/09/26/politics/trump-watches/index.html
Lucky Loser : How Donald Trump Squandered His Father's Fortune and Created the Illusion of Success
Author(s): Russ Buettner; Susanne Craig
Download the free book from https://libgen.is//search.php?req=Russ+Buettner
Donald Trump’s Many Lucky Breaks
A new book by two New York Times investigative reporters comprehensively debunks the notion that Trump is a good businessman.
By John Cassidy | September 23, 2024
https://www.newyorker.com/news/the-financial-page/donald-trumps-many-l
ucky-breaks
Circumstances change; Donald Trump doesn’t. In early 1973, when he was twenty-six years old, he and his father, Fred Trump, who was a major developer of houses and apartment buildings in the outer boroughs of New York City, gave an interview to the real-estate section of the Times. The resulting article described Donald as the only one of Fred’s five children to show an interest in the family business, and said that he had become its president after finishing “first in his class” at Wharton business school. The piece also noted that the Trumps were in the process of buying a prime site to develop on the East Side, which Trump fils called “our entry into the Manhattan field.”
More than fifty years on, Trump isn’t letting an election campaign or attempted assassinations interfere with his efforts to hype up and promote his various ventures. The day after federal agents arrested a man who had spent nearly twelve hours hiding outside the former President’s West Palm Beach golf course with an assault rifle, Trump appeared on an X live stream to promote a new crypto outfit, World Liberty Financial. (Three years ago, he called Bitcoin “a scam.”) On Saturday, he plugged a new set of “Official Trump Coins!” on his social-media accounts.
It just so happened that the crypto launch coincided with the publication of a new book about Trump’s business career: “Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success,” by Russ Buettner and Susanne Craig, two investigative reporters at the Times. During Trump’s 2016 Presidential campaign, and when he was in the White House, Buettner and Craig wrote a number of blockbuster stories revealing how, for decades, his businesses had recorded huge losses, and how he engaged in dubious schemes to reduce his taxes. In “Lucky Loser,” the authors trace Trump’s dealings all the way back to the 1973 Times story, which they describe as largely fictitious. Trump “had graduated without honors,” they write. “His brother Freddy had displayed an interest in the business and been pushed aside by their father. . . . The Trumps had not bought land on the East Side of Manhattan for an apartment building and would not do so that decade.”
It’s not news that Trump is an inveterate teller of tall tales. The more penetrating argument that Buettner and Craig make is that he’s a lousy businessman who only got as far as he did because of a series of lucky breaks that “could paper over a litany of failure and still fund a lavish life.” “There is no evidence that in fifty years of labor Donald Trump added to his lucky fortunes,” the authors conclude. “He would have been better off betting on the stock market than on himself.”
According to Axios, Steven Cheung, the director of communications for the Trump campaign, dismissed the new book as “lies” and “nonsense,” and suggested that it belonged in the bargain bin a
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Quote:
Originally posted by second:Quote:6ix, just that one sentence reminds me that you are gripped by mental illness.
Originally posted by 6ixStringJack:
Why don't you tell us again how Democrat voters never get sick because they never sin.
*yawn*
This is just claims you've repeated over 1,000 times here. Your post history speaks for itself.
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Trump will be fine.
He will also be your next President.
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Median Income
Age 25-35, adjusted for inflation
https://jabberwocking.com/are-young-men-falling-even-further-behind/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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