19th straight month of real wage declines

Originally posted by: Kevin Lewis

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Japan and China can't be legitimately compared to the US, Canada, Western Europe, etc. China has a strictly government-controlled economy--so perhaps I should have said "free-market economies." Japan has a literally insular economy, with strong trade protectionism, an aging workforce, almost zero immigration, and import and export quotas and controls. So, it's an outlier. Very small GDP growth.

 

Charles "schooled" me by cherry-picking data? And then he finally mentioned Western Europe's higher inflation than ours, but hand-waved it away by saying that their governments are "imitating" the US and therefore, the US is also responsible for inflation there? Oh yeah, I feel sooooo "schooled." Charles doesn't know how to make a cogent argument.

 

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Originally posted by: Charles

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You said 'EVERY Industrialized Country' but conveneintly ignore the 2nd and 3rd largest economies. 

 

Did you actually read the article from the San Francisco Federal Reserve comparing the US core inflation rate to the average rate of inflation across a group of OECD economies: Canada, Denmark, Finland, France, Germany, Netherlands, Norway, Sweden, and the United Kingdom.  Of course you didn't.  I link to Dallas and SF Fed and Quote highly respected Democrat economists and Kevin just pulls shit out of his ass.  Par for the course here. 

 

Unfortunatly I have neither the time nor the inclination to get into a pissing contest with a 'guy' that has no dick.  Not that there's anything wrong with that.  But consider yourself 'schooled'.

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Originally posted by: Charles

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You said 'EVERY Industrialized Country' but conveneintly ignore the 2nd and 3rd largest economies. 

 

Did you actually read the article from the San Francisco Federal Reserve comparing the US core inflation rate to the average rate of inflation across a group of OECD economies: Canada, Denmark, Finland, France, Germany, Netherlands, Norway, Sweden, and the United Kingdom.  Of course you didn't.  I link to Dallas and SF Fed and Quote highly respected Democrat economists and Kevin just pulls shit out of his ass.  Par for the course here. 

 

Unfortunatly I have neither the time nor the inclination to get into a pissing contest with a 'guy' that has no dick.  Not that there's anything wrong with that.  But consider yourself 'schooled'.

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Originally posted by: Jerry Ice 33

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He does this all the time.  The best part is when Kevin pretends he cares about other people....that gets a good chuckle out of me.  Does he come accross as a guy that cares about anybody ever?

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Originally posted by: Jerry Ice 33

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Your kind thinks that easily accessed health care and social welfare programs don't help people--it just turns them all into commies, or something.

 

It turns them into lazy asses. 

 

businesses were able to keep their heads above water

 

You hate businesses.  Why would you care about that?  

 

My point is you don't care about anybody.  You preach like you do though.  Always angry at the world.  Is it because you are broke?  Bad career choice; teaching didn't pay enough?  Business folded up that you had?  Which one?  All of it added up?  

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Originally posted by: Jerry Ice 33

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Your kind thinks that easily accessed health care and social welfare programs don't help people--it just turns them all into commies, or something.

 

It turns them into lazy asses. 

 

businesses were able to keep their heads above water

 

You hate businesses.  Why would you care about that?  

 

My point is you don't care about anybody.  You preach like you do though.  Always angry at the world.  Is it because you are broke?  Bad career choice; teaching didn't pay enough?  Business folded up that you had?  Which one?  All of it added up?  

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Originally posted by: Charles

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I'm sorry your reading comprehension hasn't improved.  Where did I complain that people  'don't have enough income'?  I simply quoted the Dallas Federal Reserve that showed a decline over the last year in REAL wages. The worst in 25 years.  Real wages are wages that account for inflation.  This equates to a declining standard of living.  If we had Trump or Obama or Bush's inflation rate, real wages would have increased without any change to income.  So I'm complaining about Joe's inflation.  Duh.  There is no contradiction there....except in your own mind that can't seem to distinguish between income and real wages.

 

Now as to me claiming 'people have way too much income resulting from Joe Biden's irresponsible COVID checks, I never said that either.  389 Billion Dollars was send back to citizens in Joe's American Rescue Plan.  Awesome but unnecessary and only a fraction of the amount spent!  For the mathmatically challenged, the ARP was 1.9 trillion dollars.  The Infrastructure Act cost 1.2 trillion and the incorrectly named 'Inflation Reduction Act' cost 740 billion.  Silly me.  I'm more concerned about the extra 3.4 trillion pumping into the economy, not the measly 389 billion.

 

The fact is in March of 2021 we had a shortfall in aggragate demand of 50 billion dollars a month.  So Uncle Joe pumped in an extra $150 billion a month and then doubled down on it.  THAT'S what's irresponsible.  And if that was all, it would be bad enough.  Add to it the Binden war on Fossil Fuel that made you climate change cultists cream your pants, while doubling the cost of oil and it's a prescription for disaster.  Like the worst American real wage cut in 25 years.

 

Bidens Covid checks went out in March of 2021.  They were $1400.  

Inflation could cost your family an extra $11,500 this year (wdbj7.com)

What a deal.

 

 

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Originally posted by: Kevin Lewis

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Jerry, you keep pivoting back over and over to the same stupid shit. You can speculate about my businesses and career all you want--you just make yourself look like a fool.

 

Maybe you really are enough of an evil, heartless fuck that you think helping people makes them "lazy." Maybe if you saw someone bleeding in the street, you'd demand $100 from them before you bandaged them up or called 911. Because why do they deserve help??

 

Thank God your kind isn't more numerous in this country. It would be hell on earth. I sincerely hope you need help sometime, so principled, noble you can spit on whoever offers it. I'll expect a video.

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Originally posted by: Jerry Ice 33

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If you get some help with your anger issues, it will make your life better.  I notice every time that Charles comes in and lights you up, you seem to get a little more ornery.  

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