• Re: Americans poorer, child poverty HIGHER under Lyin' Biden

    From Alan@21:1/5 to Tommy on Thu Sep 14 16:46:19 2023
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many measures, a
    clear success."

    'Biden blasted Republicans over the jump in poverty, blaming GOP
    lawmakers for stonewalling the administration’s efforts to revive the expanded child tax credit.

    “The rise reported today in child poverty is no accident — it is the
    result of a deliberate policy choice congressional Republicans made to
    block help for families with children while advancing massive tax cuts
    for the wealthiest and largest corporations,” he said in a statement.'

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tommy@21:1/5 to All on Thu Sep 14 16:19:12 2023
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tommy@21:1/5 to Alan on Thu Sep 14 19:26:08 2023
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many measures, a
    clear success."

    'Biden blasted Republicans over the jump in poverty, blaming GOP
    lawmakers for stonewalling the administration’s efforts to revive the expanded child tax credit.

    “The rise reported today in child poverty is no accident — it is the result of a deliberate policy choice congressional Republicans made to
    block help for families with children while advancing massive tax cuts
    for the wealthiest and largest corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/
    All the senile pervert can do is MAKE EXCUSES for his FAILURES!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Alan@21:1/5 to Tommy on Thu Sep 14 19:40:33 2023
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many measures, a
    clear success."

    'Biden blasted Republicans over the jump in poverty, blaming GOP
    lawmakers for stonewalling the administration’s efforts to revive the
    expanded child tax credit.

    “The rise reported today in child poverty is no accident — it is the
    result of a deliberate policy choice congressional Republicans made to
    block help for families with children while advancing massive tax cuts
    for the wealthiest and largest corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/
    All the senile pervert can do is MAKE EXCUSES for his FAILURES!

    The self-serving statements of the MAGAs, Sunshine? That's the best
    you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point to
    aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February 2023, Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tommy@21:1/5 to Alan on Fri Sep 15 17:44:25 2023
    On Thursday, September 14, 2023 at 7:40:38 PM UTC-7, Alan wrote:
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many measures, a
    clear success."

    'Biden blasted Republicans over the jump in poverty, blaming GOP
    lawmakers for stonewalling the administration’s efforts to revive the >> expanded child tax credit.

    “The rise reported today in child poverty is no accident — it is the >> result of a deliberate policy choice congressional Republicans made to
    block help for families with children while advancing massive tax cuts
    for the wealthiest and largest corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/
    All the senile pervert can do is MAKE EXCUSES for his FAILURES!
    The self-serving statements of the MAGAs, Sunshine? That's the best
    you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point to
    aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February 2023, Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/>

    What do you do for a living, Fool? It certainly isn't as an economist. Integrate (you may have to look that up) the difference between those to curves since Lyin' Biden took office and what do you get? Also, notice the most recent trend that inflation is
    going UP and wage growth DOWN.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to Tommy on Sat Sep 16 02:48:29 2023
    On Friday, September 15, 2023 at 8:44:27 PM UTC-4, Tommy wrote:
    On Thursday, September 14, 2023 at 7:40:38 PM UTC-7, Alan wrote:
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many measures, a
    clear success."

    'Biden blasted Republicans over the jump in poverty, blaming GOP
    lawmakers for stonewalling the administration’s efforts to revive the >> expanded child tax credit.

    “The rise reported today in child poverty is no accident — it is the
    result of a deliberate policy choice congressional Republicans made to >> block help for families with children while advancing massive tax cuts >> for the wealthiest and largest corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/
    All the senile pervert can do is MAKE EXCUSES for his FAILURES!
    The self-serving statements of the MAGAs, Sunshine? That's the best
    you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point to aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February 2023, Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/>

    What do you do for a living, Fool? It certainly isn't as an economist.
    Integrate (you may have to look that up) the difference between those to curves since Lyin' Biden took office and what do you get?

    For one thing, there’s signal from the general population’s tax increases from the
    self-sunsetting provisions of 2017 TCJA. Now since those were enacted by Trump,
    you’re going to have to remove it prior to integrating for your ‘Biden effect’ data.
    This curve doesn’t have that, so you need to remove it for your hypothesis.

    Also, notice the most recent trend that inflation is going UP and wage growth DOWN.

    Not unless you’re foolish enough to be looking at just noise instead of signal: you
    need to integrate by quarter & year instead of by just month to filter out noise.
    And that trend is inflation down & wage increases higher than inflation.

    FYI, one should also be aware that some inflation indicators are lagging, so another
    trend analysis technique is to look at the “core” with lagging indicators removed
    (ex- rent & used cars).Plus this can be combined with the existing ex-food & energy
    methodology too, such as done by this Nobel Prize winning Economist yesterday:

    < https://x.com/paulkrugman/status/1702658724832145412>

    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Alan@21:1/5 to Tommy on Sat Sep 16 20:17:41 2023
    On 2023-09-15 17:44, Tommy wrote:
    On Thursday, September 14, 2023 at 7:40:38 PM UTC-7, Alan wrote:
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217



    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many
    measures, a clear success."

    'Biden blasted Republicans over the jump in poverty, blaming
    GOP lawmakers for stonewalling the administration’s efforts to
    revive the expanded child tax credit.

    “The rise reported today in child poverty is no accident — it
    is the result of a deliberate policy choice congressional
    Republicans made to block help for families with children while
    advancing massive tax cuts for the wealthiest and largest
    corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of
    Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/


    All the senile pervert can do is MAKE EXCUSES for his FAILURES!
    The self-serving statements of the MAGAs, Sunshine? That's the
    best you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point
    to aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February
    2023, Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/>


    What do you do for a living, Fool? It certainly isn't as an
    economist. Integrate (you may have to look that up) the difference
    between those to curves since Lyin' Biden took office and what do you
    get? Also, notice the most recent trend that inflation is going UP
    and wage growth DOWN.

    Can I integrate (yes: I studied calculus) the full data set, Sunshine...

    ...or is there some reason you and the Rethuglicans don't want it to be
    seen?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tommy@21:1/5 to Alan on Sun Sep 17 17:13:49 2023
    On Saturday, September 16, 2023 at 8:17:45 PM UTC-7, Alan wrote:
    On 2023-09-15 17:44, Tommy wrote:
    On Thursday, September 14, 2023 at 7:40:38 PM UTC-7, Alan wrote:
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217



    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many
    measures, a clear success."

    'Biden blasted Republicans over the jump in poverty, blaming
    GOP lawmakers for stonewalling the administration’s efforts to
    revive the expanded child tax credit.

    “The rise reported today in child poverty is no accident — it
    is the result of a deliberate policy choice congressional
    Republicans made to block help for families with children while
    advancing massive tax cuts for the wealthiest and largest
    corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of
    Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/


    All the senile pervert can do is MAKE EXCUSES for his FAILURES!
    The self-serving statements of the MAGAs, Sunshine? That's the
    best you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point
    to aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February
    2023, Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/>


    What do you do for a living, Fool? It certainly isn't as an
    economist. Integrate (you may have to look that up) the difference
    between those to curves since Lyin' Biden took office and what do you
    get? Also, notice the most recent trend that inflation is going UP
    and wage growth DOWN.
    Can I integrate (yes: I studied calculus) the full data set, Sunshine...

    ...or is there some reason you and the Rethuglicans don't want it to be seen?

    Then WHAT is the answer, Fool????

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tommy@21:1/5 to -hh on Sun Sep 17 17:17:58 2023
    On Saturday, September 16, 2023 at 2:48:31 AM UTC-7, -hh wrote:
    On Friday, September 15, 2023 at 8:44:27 PM UTC-4, Tommy wrote:
    On Thursday, September 14, 2023 at 7:40:38 PM UTC-7, Alan wrote:
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many measures, a >> clear success."

    'Biden blasted Republicans over the jump in poverty, blaming GOP
    lawmakers for stonewalling the administration’s efforts to revive the
    expanded child tax credit.

    “The rise reported today in child poverty is no accident — it is the
    result of a deliberate policy choice congressional Republicans made to
    block help for families with children while advancing massive tax cuts
    for the wealthiest and largest corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/
    All the senile pervert can do is MAKE EXCUSES for his FAILURES!
    The self-serving statements of the MAGAs, Sunshine? That's the best you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point to aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February 2023, Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/>

    What do you do for a living, Fool? It certainly isn't as an economist. Integrate (you may have to look that up) the difference between those to curves since Lyin' Biden took office and what do you get?
    For one thing, there’s signal from the general population’s tax increases from the
    self-sunsetting provisions of 2017 TCJA. Now since those were enacted by Trump,
    you’re going to have to remove it prior to integrating for your ‘Biden effect’ data.
    This curve doesn’t have that, so you need to remove it for your hypothesis.
    Also, notice the most recent trend that inflation is going UP and wage growth DOWN.
    Not unless you’re foolish enough to be looking at just noise instead of signal: you
    need to integrate by quarter & year instead of by just month to filter out noise.
    And that trend is inflation down & wage increases higher than inflation.

    FYI, one should also be aware that some inflation indicators are lagging, so another
    trend analysis technique is to look at the “core” with lagging indicators removed
    (ex- rent & used cars).Plus this can be combined with the existing ex-food & energy
    methodology too, such as done by this Nobel Prize winning Economist yesterday:

    < https://x.com/paulkrugman/status/1702658724832145412>

    -hh

    Hey Lyin' Asshole, the WHOLE PROBLEM with the above gobbledygook is that there IS NO "lagging indicator" when people go the the gas pump or grocery store: they can see the INFLATED PRICES for themselves! So, when idiots like Lyin' Biden tell them there
    is no inflation they KNOW the fuckers are LYING to them!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Alan@21:1/5 to Tommy on Mon Sep 18 00:25:40 2023
    On 2023-09-17 17:13, Tommy wrote:
    On Saturday, September 16, 2023 at 8:17:45 PM UTC-7, Alan wrote:
    On 2023-09-15 17:44, Tommy wrote:
    On Thursday, September 14, 2023 at 7:40:38 PM UTC-7, Alan wrote:
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217



    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many
    measures, a clear success."

    'Biden blasted Republicans over the jump in poverty, blaming
    GOP lawmakers for stonewalling the administration’s efforts to
    revive the expanded child tax credit.

    “The rise reported today in child poverty is no accident — it
    is the result of a deliberate policy choice congressional
    Republicans made to block help for families with children while
    advancing massive tax cuts for the wealthiest and largest
    corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of
    Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/


    All the senile pervert can do is MAKE EXCUSES for his FAILURES!
    The self-serving statements of the MAGAs, Sunshine? That's the
    best you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point
    to aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February
    2023, Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/> >>>

    What do you do for a living, Fool? It certainly isn't as an
    economist. Integrate (you may have to look that up) the difference
    between those to curves since Lyin' Biden took office and what do you
    get? Also, notice the most recent trend that inflation is going UP
    and wage growth DOWN.
    Can I integrate (yes: I studied calculus) the full data set, Sunshine...

    ...or is there some reason you and the Rethuglicans don't want it to be
    seen?

    Then WHAT is the answer, Fool????

    Show me the complete figures to date, Sunshine.

    Or is there some reason YOU don't want to do that?

    :-)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to Tommy on Mon Sep 18 00:32:35 2023
    On Monday, September 18, 2023 at 9:18:00 AM UTC+9, Tommy wrote:
    On Saturday, September 16, 2023 at 2:48:31 AM UTC-7, -hh wrote:
    On Friday, September 15, 2023 at 8:44:27 PM UTC-4, Tommy wrote:
    On Thursday, September 14, 2023 at 7:40:38 PM UTC-7, Alan wrote:
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many measures, a
    clear success."

    'Biden blasted Republicans over the jump in poverty, blaming GOP
    lawmakers for stonewalling the administration’s efforts to revive the
    expanded child tax credit.

    “The rise reported today in child poverty is no accident — it is the
    result of a deliberate policy choice congressional Republicans made to
    block help for families with children while advancing massive tax cuts
    for the wealthiest and largest corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/
    All the senile pervert can do is MAKE EXCUSES for his FAILURES!
    The self-serving statements of the MAGAs, Sunshine? That's the best you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point to aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February 2023, Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/>

    What do you do for a living, Fool? It certainly isn't as an economist. Integrate (you may have to look that up) the difference between those to curves since Lyin' Biden took office and what do you get?
    For one thing, there’s signal from the general population’s tax increases from the
    self-sunsetting provisions of 2017 TCJA. Now since those were enacted by Trump,
    you’re going to have to remove it prior to integrating for your ‘Biden effect’ data.
    This curve doesn’t have that, so you need to remove it for your hypothesis.
    Also, notice the most recent trend that inflation is going UP and wage growth DOWN.
    Not unless you’re foolish enough to be looking at just noise instead of signal: you
    need to integrate by quarter & year instead of by just month to filter out noise.
    And that trend is inflation down & wage increases higher than inflation.

    FYI, one should also be aware that some inflation indicators are lagging, so another
    trend analysis technique is to look at the “core” with lagging indicators removed
    (ex- rent & used cars).Plus this can be combined with the existing ex-food & energy
    methodology too, such as done by this Nobel Prize winning Economist yesterday:

    < https://x.com/paulkrugman/status/1702658724832145412>

    Hey Lyin' Asshole, the WHOLE PROBLEM with the above gobbledygook is that there
    IS NO "lagging indicator" when people go the the gas pump or grocery store: they
    can see the INFLATED PRICES for themselves! So, when idiots like Lyin' Biden tell
    them there is no inflation they KNOW the fuckers are LYING to them!

    No, that’s not how the CPI is aggregated.
    Anyone who’s even just a “one million”-aire knows this stuff better than you do, Tommy.

    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tommy@21:1/5 to -hh on Mon Sep 18 08:29:39 2023
    On Monday, September 18, 2023 at 12:32:38 AM UTC-7, -hh wrote:
    On Monday, September 18, 2023 at 9:18:00 AM UTC+9, Tommy wrote:
    On Saturday, September 16, 2023 at 2:48:31 AM UTC-7, -hh wrote:
    On Friday, September 15, 2023 at 8:44:27 PM UTC-4, Tommy wrote:
    On Thursday, September 14, 2023 at 7:40:38 PM UTC-7, Alan wrote:
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many measures, a
    clear success."

    'Biden blasted Republicans over the jump in poverty, blaming GOP >> lawmakers for stonewalling the administration’s efforts to revive the
    expanded child tax credit.

    “The rise reported today in child poverty is no accident — it is the
    result of a deliberate policy choice congressional Republicans made to
    block help for families with children while advancing massive tax cuts
    for the wealthiest and largest corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/
    All the senile pervert can do is MAKE EXCUSES for his FAILURES!
    The self-serving statements of the MAGAs, Sunshine? That's the best you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point to
    aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February 2023,
    Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/>

    What do you do for a living, Fool? It certainly isn't as an economist. Integrate (you may have to look that up) the difference between those to
    curves since Lyin' Biden took office and what do you get?
    For one thing, there’s signal from the general population’s tax increases from the
    self-sunsetting provisions of 2017 TCJA. Now since those were enacted by Trump,
    you’re going to have to remove it prior to integrating for your ‘Biden effect’ data.
    This curve doesn’t have that, so you need to remove it for your hypothesis.
    Also, notice the most recent trend that inflation is going UP and wage growth DOWN.
    Not unless you’re foolish enough to be looking at just noise instead of signal: you
    need to integrate by quarter & year instead of by just month to filter out noise.
    And that trend is inflation down & wage increases higher than inflation.

    FYI, one should also be aware that some inflation indicators are lagging, so another
    trend analysis technique is to look at the “core” with lagging indicators removed
    (ex- rent & used cars).Plus this can be combined with the existing ex-food & energy
    methodology too, such as done by this Nobel Prize winning Economist yesterday:

    < https://x.com/paulkrugman/status/1702658724832145412>

    Hey Lyin' Asshole, the WHOLE PROBLEM with the above gobbledygook is that there
    IS NO "lagging indicator" when people go the the gas pump or grocery store: they
    can see the INFLATED PRICES for themselves! So, when idiots like Lyin' Biden tell
    them there is no inflation they KNOW the fuckers are LYING to them!
    No, that’s not how the CPI is aggregated.
    Anyone who’s even just a “one million”-aire knows this stuff better than you do, Tommy.

    -hh

    That is how the average American views it, LA, who is paying SIXTY PERCENT more for gas under the senile pervert. Multi-millionaires understand this, and people who live in cracker box houses SHOULD.
    https://www.newsweek.com/how-gas-prices-changed-since-joe-biden-took-office-1823422

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  • From -hh@21:1/5 to Tommy on Mon Sep 18 09:00:40 2023
    On Tuesday, September 19, 2023 at 12:29:41 AM UTC+9, Tommy wrote:
    On Monday, September 18, 2023 at 12:32:38 AM UTC-7, -hh wrote:
    On Monday, September 18, 2023 at 9:18:00 AM UTC+9, Tommy wrote:
    On Saturday, September 16, 2023 at 2:48:31 AM UTC-7, -hh wrote:
    On Friday, September 15, 2023 at 8:44:27 PM UTC-4, Tommy wrote:
    On Thursday, September 14, 2023 at 7:40:38 PM UTC-7, Alan wrote:
    On 2023-09-14 19:26, Tommy wrote:
    On Thursday, September 14, 2023 at 4:46:25 PM UTC-7, Alan wrote:
    On 2023-09-14 16:19, Tommy wrote:
    https://www.politico.com/news/2023/09/12/joe-biden-anti-poverty-economics-00115217

    "as Covid-era aid programs expired"

    "The historic injection of pandemic-era aid was, by many measures, a
    clear success."

    'Biden blasted Republicans over the jump in poverty, blaming GOP
    lawmakers for stonewalling the administration’s efforts to revive the
    expanded child tax credit.

    “The rise reported today in child poverty is no accident — it is the
    result of a deliberate policy choice congressional Republicans made to
    block help for families with children while advancing massive tax cuts
    for the wealthiest and largest corporations,” he said in a statement.'

    Lyin' Biden is presiding over a REAL decline in REAL wages of Americans - by 3.5%:
    https://budget.house.gov/press-release/fiscal-state-of-the-union-bidens-real-wage-decline/
    All the senile pervert can do is MAKE EXCUSES for his FAILURES!
    The self-serving statements of the MAGAs, Sunshine? That's the best
    you've got?

    And 6 months out of date.

    And for some strange reason, the graphic and the "graph" the point to
    aren't available.

    And another link points to data that's even older (November 2022).

    It's almost like they have something to hide.

    Growth in real wages has been outpacing inflation since February 2023,
    Sunshine.

    <https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/>

    What do you do for a living, Fool? It certainly isn't as an economist.
    Integrate (you may have to look that up) the difference between those to
    curves since Lyin' Biden took office and what do you get?
    For one thing, there’s signal from the general population’s tax increases from the
    self-sunsetting provisions of 2017 TCJA. Now since those were enacted by Trump,
    you’re going to have to remove it prior to integrating for your ‘Biden effect’ data.
    This curve doesn’t have that, so you need to remove it for your hypothesis.
    Also, notice the most recent trend that inflation is going UP and wage growth DOWN.
    Not unless you’re foolish enough to be looking at just noise instead of signal: you
    need to integrate by quarter & year instead of by just month to filter out noise.
    And that trend is inflation down & wage increases higher than inflation.

    FYI, one should also be aware that some inflation indicators are lagging, so another
    trend analysis technique is to look at the “core” with lagging indicators removed
    (ex- rent & used cars).Plus this can be combined with the existing ex-food & energy
    methodology too, such as done by this Nobel Prize winning Economist yesterday:

    < https://x.com/paulkrugman/status/1702658724832145412>

    Hey Lyin' Asshole, the WHOLE PROBLEM with the above gobbledygook is that there
    IS NO "lagging indicator" when people go the the gas pump or grocery store: they
    can see the INFLATED PRICES for themselves! So, when idiots like Lyin' Biden tell
    them there is no inflation they KNOW the fuckers are LYING to them!

    No, that’s not how the CPI is aggregated.
    Anyone who’s even just a “one million”-aire knows this stuff better than you do, Tommy.

    That is how the average American views it, …

    So what? The average American also isn’t a millionaire, so you’re claiming that this
    so-called “gobbledygook” is the intellectual limit of yourself as well.

    …who is paying SIXTY PERCENT more for gas under the senile pervert. Multi-millionaires understand this, and people who live in cracker box houses SHOULD.
    https://www.newsweek.com/how-gas-prices-changed-since-joe-biden-took-office-1823422

    Yet you admit that you do not understand basic supply-demand responses, as
    Jan 2021 was still quite in “lockdown” economically. Case in point, airlines use a lot
    of fuel, yet monthly airline pax were at 31M vs 79M YoY which is less than half of
    the pre-pandemic rate:

    < https://www.bts.dot.gov/newsroom/monthly-passengers-us-scheduled-airlines-domestic-international-seasonally-adjusted>

    So why did you so naively expecting prices to remain the same despite a -60% demand drop
    per the above…? Likewise, once demand returned for prices to not do so too, and then also
    not be at all affected by other market factors (eg Russia-Ukraine:

    < https://www.bts.gov/newsroom/full-year-2022-us-airline-traffic-data>

    -hh

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