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As a Reminder: The Private Sector is Doing Fine
As we were told by our President, the private sector economy is doing fine. Sometimes, however, facts get in the way of propaganda.
If by fine he means a record number of Americans not in the labor force
If by fine he means the people actually producing are seeing real wage gains decline significantly
And if by fine he means that as real wages decline, and YOY (year-over-year, Keynesians need to say that slowly, and then look up the definition of compounding) inflation is constantly > 0, declining purchasing power of our currency is making it harder & harder for the middle class (and poor) to survive
Then overall, we're doing fine.
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more problems big government was designed to fix
Usually your work is quite excellent. That said: If you can't fucking use Shadow Stat's inflation numbers leave your fucking computer off.
Yeah, that's a bit harsh. It's even more fun to point out the stupidity of quack-"medicine" "economics" and immorality when you can actually use their own numbers against them. Even after all that massaging, makeup, and botox injections, it looks bad. Imagine what the real deal looks like. (For the record John Williams is f**king awesome)
Don't disagree, but even the most staunch monetarist can't argue these, as they are their own numbers.
Okay. I was nice the fisrt time. Fuck you, this piece sucks.
Inflation YoY is 10%. The value of the "dawler" is shot. The value of the "dawler" is the heart of everything economic. Backing out food and gas, or using numbers with that shit backed out is fucking CNBS/Fed bullshit.
Davros - chill, the man makes a better argument using the monetarist's own numbers against them.
Fight! Fight!
Hey! Take your shirts and shoes off! ...Remember the fucking rules, assholes!
Seriously though, TC should use both the official stats and then Williams (explaining Williams simply calculates CPI using the previous official methodology).
You didn't write this article.
Somebody else wrote it.
Most people Obama knows well personally are millionaires ... ditto with Romney
Of course those guys' homeys are doing a-o-k
This is how they stole all of America's wealth http://thelibertyclub.net/emry.pdf
Homeboy speech contents (listen closely);
Main points covered:
- economy's doing fine
- people are hurting
- pabulum, etc
Glad that's all taken care of...
And they wonder why nobody listens anymore
Why nobody discusses anything of a serious or deep considered nature
The whole fucking thing begins with Fairy Tales and Multicolored Skittle Shit.
The U.S. Economy By The Numbers: 70 Facts That Barack Obama Does Not Want You To See
Eat your peas!!!
...and your arugula.
and your cake!
Read between the lines:
Obama was refering to the high upper class. The 300 white men that sit on the boards of all major corporations are doing fine - the "Private" Sector is Doing Fine.