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Dow Jones Plunges 845 Points (and Counting) As Inflation "Unexpectedly" Roars Back to 8.3%, a Near Record
Charles V Payne
@cvpayne Breaking News: CPI number is out!
Inflation hotter than (experts) expected at 8.3% from year ago Once again Main Street knew the number would be hotter than Wall Street.
Wall Street's leftwing bias causes them to constantly get things wrong.
Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve. The Dow Jones Industrial Average slid 845 points, or 2.6%. The S&P 500 dropped about 3%, and the Nasdaq Composite sank 3.9%. More than 490 stocks in the S&P 500 fell, with Facebook-parent Meta dropping 7.9% and Caesars Entertainment losing 7.3%. ... "The velocity of this move has been breathtaking, however the market has recovered substantially off of recent lows. That this 4,000 level is still holding for the S&P 500 does reveal the fact that markets are bothered, but markets are not panicking," said Jeff Kilburg, founder and CEO of KKM Financial. The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month. On a year-over-year basis, inflation was 8.3%. Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.What would we do without Experts? Are the Democrats celebrating like they did last month? John Ekdahl of the @EkdahlPressOffice offered the spin that if you adjusted the inflation rate for inflation, it actually comes in at zero. You better believe they're celebrating, Jack!
"The numbers are in, Mr. President. 8.3% inflation and 2.8% lower wages this month."
— Aldous Huxley's Ghost™ (@AF632) September 13, 2022
The Biden administration: pic.twitter.com/t8HbL7dWIn
Comments
(Jump to bottom of comments)Posted by: The ARC of History! at September 13, 2022 12:24 PM (I2/tG)
Posted by: Thanatopsis at September 13, 2022 12:24 PM (TgHYU)
Posted by: AZ deplorable moron at September 13, 2022 12:24 PM (SZzOK)
Posted by: Martini Farmer at September 13, 2022 12:26 PM (BFigT)
Posted by: Robert at September 13, 2022 12:26 PM (Yr5UN)
Posted by: The ARC of History! at September 13, 2022 12:26 PM (I2/tG)
Posted by: huerfano, stochastic commenter at September 13, 2022 12:26 PM (dTFZY)
Posted by: Skip's phone at September 13, 2022 12:26 PM (cTNA/)
Posted by: Kim Kardassian at September 13, 2022 12:26 PM (M+Lyo)
Posted by: Simple Stevo at September 13, 2022 12:26 PM (SOV+T)
Posted by: Rbastid at September 13, 2022 12:26 PM (4jhOQ)
I doubt very much that he remembers signing the "IRA" or even what it is.
Posted by: Archimedes at September 13, 2022 12:27 PM (ayzS/)
Posted by: sharon(willow's apprentice) at September 13, 2022 12:27 PM (Y+l9t)
The People's House my hairy ass. Any time someone uses The People or some variation, I wanna reach for my Browning. Commie cocksucker rhetoric.
Posted by: IllTemperedCur at September 13, 2022 12:27 PM (8j3AR)
Posted by: JackStraw at September 13, 2022 12:27 PM (ZLI7S)
Posted by: WiNO - Amish Vampires in Space at September 13, 2022 12:27 PM (EpDzw)
Posted by: Czech Chick at September 13, 2022 12:27 PM (haWye)
Posted by: REDACTED at September 13, 2022 12:27 PM (us2H3)
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:27 PM (GezPS)
Posted by: Debby Doberman Schultz at September 13, 2022 12:28 PM (a4EWo)
Funny how the media gets these things wrong 100% of the time, and always to the benefit of liberals. Almost like all their stories are just made up bs.
Posted by: Rbastid at September 13, 2022 12:28 PM (4jhOQ)
Posted by: REDACTED at September 13, 2022 12:27 PM (us2H3)
--------
Just under "pillage."
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:28 PM (GezPS)
Posted by: LASue at September 13, 2022 12:28 PM (Ed8Zd)
Posted by: SMH at September 13, 2022 12:28 PM (tizKA)
Posted by: Thomas Bender at September 13, 2022 12:28 PM (etnWI)
Posted by: Eddie Baby at September 13, 2022 12:29 PM (wpJDK)
Posted by: It's me donna at September 13, 2022 12:29 PM (bs+z0)
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:29 PM (syPV9)
Fuck you Joe! - Gook outside the wire
Fuck you Joe! - Me every day here in America
Posted by: Archer at September 13, 2022 12:29 PM (gmo/4)
Posted by: Dr. T at September 13, 2022 12:29 PM (bhRsz)
Posted by: BourbonChicken at September 13, 2022 12:29 PM (44ww/)
Posted by: Herbert Hoover at September 13, 2022 12:29 PM (flINI)
Posted by: Thomas Paine at September 13, 2022 12:29 PM (GDqQm)
Hello Debby girl, good to see you during the day hope you are well
Posted by: ... at September 13, 2022 12:29 PM (BXxcV)
Living on your sidewalk, pooping on your stoop.
It's a good thing that so many Americans are "resigning themselves to inflation", they can resign themselves to cut-backs when the market panics keep destabilizing the economy, too.
Posted by: Axeman at September 13, 2022 12:30 PM (krQz2)
Posted by: It's me donna at September 13, 2022 12:30 PM (bs+z0)
Posted by: Skip's phone at September 13, 2022 12:30 PM (cTNA/)
Posted by: AlaBAMA at September 13, 2022 12:30 PM (mZ3xv)
Posted by: sharon(willow's apprentice) at September 13, 2022 12:30 PM (Y+l9t)
Posted by: Martini Farmer at September 13, 2022 12:26 PM (BFigT)
No, it's like putting a Mentally deranged Transgender in charge of Medicine for the Government...
They are purposefully shoving our faces in crap.
Posted by: Romeo13 at September 13, 2022 12:30 PM (oHd/0)
Posted by: Thomas Bender at September 13, 2022 12:30 PM (etnWI)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:30 PM (t3/qz)
I'm really hoping that the metals market catches up to the rate hikes soon. I have some silver I'd like to liquidate. With this inflation, I expect that the price *must* eventually rise to meet it, but for now, I'd be taking a slight loss on it, and that hurts my Jewish bones.
Posted by: Yudhishthira's Dice at September 13, 2022 12:30 PM (oINRc)
Posted by: The ARC of History! at September 13, 2022 12:26 PM (I2/tG)
Inflation, schminflation, as long as we get our abortion rights and plenty of wine.
Posted by: Suburban White Women at September 13, 2022 12:31 PM (bhRsz)
Posted by: Thomas Bender at September 13, 2022 12:28 PM (etnWI)
What's so wrong with cannibalism? It'll save on meat production and reduce global warming!
Posted by: Democrats at September 13, 2022 12:31 PM (Yr5UN)
++++
That's most of the story. Recessions are often bad for equities, but it's the certainty that the Fed is *not* going to back off of interest rates or start pumping funny money again any time soon that is going to be making people blink.
When there is leverage (that is, debt) involved, higher interest makes whatever it is less manageable. You *have* to sell. It isn't just margin trading, it's all the debt-financed trading that is getting more expensive at an alarming rate. You have to pull out, settle the account, and try to live through it without your face getting ripped off.
Where there is leverage, there will be declines. Stocks, real estate, corporate M&A, etc. will all slow down and likely decline as interest rates stay off of zero or, even worse for them, climb.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:31 PM (t0OGg)
In the past this has always been boys, because they need toughening up, are strong and hardy enough for the work, etc.
So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)
Posted by: Brando at September 13, 2022 12:31 PM (5NjYz)
Posted by: Axeman at September 13, 2022 12:31 PM (krQz2)
Posted by: Cicero (@cicero43) at September 13, 2022 12:31 PM (guGkK)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:30 PM (t3/qz)
Yup... There is no rhyme nor reason
Posted by: It's me donna at September 13, 2022 12:31 PM (bs+z0)
Posted by: WiNO - Amish Vampires in Space at September 13, 2022 12:27 PM (EpDzw)
Gas prices are down because of a lack of DEMAND, as the economy slows even further.
Posted by: Romeo13 at September 13, 2022 12:31 PM (oHd/0)
So one dollar in 2021 lost 8% of it's value in 2021.
And then it lost another 8% in 2022.
And we're heading into 2023 at 8%...
Let's celebrate!
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:32 PM (syPV9)
like going grocery shopping with Tank Abrams
Posted by: REDACTED at September 13, 2022 12:32 PM (us2H3)
Posted by: Joe XiDen at September 13, 2022 12:32 PM (IrNVV)
++++
Expecting? Maybe. I'm not in their heads.
I strongly suspect, however, that the correct word is actually "hoping."
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:32 PM (t0OGg)
Posted by: Skip's phone at September 13, 2022 12:32 PM (cTNA/)
Can someone explain this fuckery for me, or is it as I suspect?
Posted by: boynsea at September 13, 2022 12:32 PM (cx155)
Posted by: Romeo13
*
This. People are driving less than they did when there weren't allowed to go anywhere during lockdown. It's incredible to ponder.
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:32 PM (syPV9)
Posted by: Bender at September 13, 2022 12:32 PM (JMAcK)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:32 PM (t3/qz)
Posted by: Cicero (@cicero43) at September 13, 2022 12:31 PM (guGkK)
Everyday, they spin the propaganda wheel and whatever lie it lands on, they push to the mouthpieces.
Posted by: AlaBAMA at September 13, 2022 12:32 PM (mZ3xv)
Posted by: Hadrian the Seventh at September 13, 2022 12:32 PM (1Nxff)
Posted by: Bete at September 13, 2022 12:33 PM (Tlfom)
Mitch and all the grifters also happy when the money flows through their fingers.
Posted by: illiniwek at September 13, 2022 12:33 PM (Cus5s)
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)
Something about the helmswoman and the skiperette not being on speaking terms.
Posted by: Cicero (@cicero43) at September 13, 2022 12:33 PM (guGkK)
Posted by: Christopher R Taylor at September 13, 2022 12:33 PM (Ivdso)
Posted by: Deplorable Ian Galt at September 13, 2022 12:33 PM (ufFY8)
Posted by: Hadrian the Seventh at September 13, 2022 12:32 PM (1Nxff)
---
The Market Gods are ANGRY!!
Posted by: Axeman at September 13, 2022 12:33 PM (krQz2)
But this senile, corrupt pervert? No one wanted him, he won the D nomination because the D voters resigned themselves to "well he has name recognition and that is important" and however many non fake votes he got in November were idiot D voters who were voting against 'that bad orange man'
Posted by: PaleRider is simply irredeemable at September 13, 2022 12:33 PM (3cGpq)
Posted by: huerfano, stochastic commenter at September 13, 2022 12:33 PM (dTFZY)
Posted by: Axeman at September 13, 2022 12:31 PM (krQz2)
it's really 7.5 but we don't want you to get too happy
Posted by: BLS at September 13, 2022 12:33 PM (us2H3)
++++
Remember when real wages for the middle and working classes rose? You know, under Trump? When it happened for the first time in more than a decade?
That was nice.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:33 PM (t0OGg)
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:29 PM (syPV9)
-----
At least he's gonna unilaterally spend trillions more on his Curing Cancer Moonshot -- so we've got that going for us ...
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:34 PM (GezPS)
At this point, I'll be working another thirty years.
Posted by: Wyatt Earp at September 13, 2022 12:34 PM (d2bW3)
Of course, we spent like misers already, so there isn't much to cut.
Posted by: Formerly Virginian at September 13, 2022 12:34 PM (JMAcK)
Posted by: Brando
I had a discussion about this with multiple friends last week. The consensus was mid 90s. About the time the internet took off and social media began.
Posted by: Thomas Paine at September 13, 2022 12:34 PM (GDqQm)
Posted by: Bete at September 13, 2022 12:33 PM (Tlfom)
------
Where was that County Commissioner or whatever who was *removed from office* by a Hawaiian judge for being at J6?
That seemed like a good test case for the regime.
It was only like a week or two back.
Posted by: Yudhishthira's Dice at September 13, 2022 12:35 PM (oINRc)
No, I didn't show my work.
Posted by: AlaBAMA at September 13, 2022 12:35 PM (mZ3xv)
Posted by: CNBC Talking Heads at September 13, 2022 12:35 PM (YY8Ax)
Posted by: Cicero (@cicero43) at September 13, 2022 12:35 PM (guGkK)
++++
Remember when real wages for the middle and working classes rose? You know, under Trump? When it happened for the first time in more than a decade?
That was nice.
Posted by: Joe Mannix
---------------------
I believe that the real per capita wages had been declining since the early 70's. Trump was extremely unusual in that and his economics team was top rate regardless of his problems in other areas.
Posted by: whig at September 13, 2022 12:35 PM (CXr4y)
Posted by: Way, Way Downriver at September 13, 2022 12:35 PM (x61Im)
Posted by: Brando at September 13, 2022
***
"They" could no longer keep us in fear of nuclear annihilation from the Soviets. They found new ways to keep us shivering under our beds.
Posted by: Wolfus Aurelius at September 13, 2022 12:35 PM (J2vNu)
Posted by: Christopher R Taylor
Something about the helmswoman and the skiperette not being on speaking terms.
Posted by: Cicero
Unlike men, they stopped to ask directions. Unfortunately, they didn't pull over before stopping.
Posted by: rickb223 at September 13, 2022 12:35 PM (5kCce)
I think they are playing games with the averaging, and leaving certain things off of their standard report. I know that the main report ignores food and energy prices as being "too volatile" (too immediately responsive to economic pressures).
Posted by: Christopher R Taylor at September 13, 2022 12:35 PM (Ivdso)
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)
So what you're saying is they're now fully qualified to sail for the US Navy.
Posted by: Robert at September 13, 2022 12:35 PM (Yr5UN)
Posted by: Cicero (@cicero43) at September 13, 2022 12:31 PM (guGkK)
They didn't say they're celebrating the economy. They said they're celebrating the *bill*. Amazing how one can deceive by what is unsaid.
Posted by: ... at September 13, 2022 12:35 PM (BXxcV)
Posted by: Eddie Baby at September 13, 2022 12:29 PM (wpJDK)
The version I bought in 2007 had an introduction that dismissed communism and said the book should be read with the view that oppression can come in many forms from society to religion to government.
Posted by: Mishdog at September 13, 2022 12:35 PM (B8UZp)
Posted by: Bete at September 13, 2022 12:33 PM (Tlfom)
---
Of all the things that Dems don't remember about the real Nazis, they seem to forget the most how the Nazis are perhaps singular in how they rose to power. They prosecuted people who ran against Nazi candidates and eventually built that into an attempt to ban other parties completely.
Posted by: Axeman at September 13, 2022 12:35 PM (krQz2)
I'm wishing i invested more heavily in the Lego market. In like 5 years you end up with a 4x return on investment, plus you can build a giant Godzilla in the meantime.
Posted by: Rbastid at September 13, 2022 12:36 PM (4jhOQ)
Posted by: Robert at September 13, 2022 12:36 PM (Yr5UN)
That was nice.
Posted by: Joe Mannix (Not a cop!)
A lot of minority workers saw checks better than they've ever seen, then plenty of them voted for Biden in 2020.
Posted by: Wyatt Earp at September 13, 2022 12:36 PM (d2bW3)
Posted by: Soviet Harvest Forecasters at September 13, 2022 12:36 PM (SchQD)
So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)
___________
I can't wrap my Neanderthal brain around the idea of a woman CPO. Do they wash their coffee cups?
Posted by: Hadrian the Seventh at September 13, 2022 12:36 PM (1Nxff)
=========
If they speak it, it will come true. Their power to shape narratives in the minds of people is the power to invent reality.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:36 PM (LvTSG)
Better off that what, Zimbabwe? Venezuela?
Although I suppose the fall party season is off to a fine start on Martha's Vineyard.
Posted by: Ripley at September 13, 2022 12:36 PM (MxEKc)
Posted by: AlaBAMA at September 13, 2022 12:36 PM (mZ3xv)
Something about the helmswoman and the skiperette not being on speaking terms.
Posted by: Cicero
_________
Spider on the bridge.
Posted by: Hadrian the Seventh at September 13, 2022 12:37 PM (1Nxff)
Posted by: Hairyback Guy at September 13, 2022 12:37 PM (YScEb)
Posted by: Axeman at September 13, 2022 12:31 PM (krQz2)
++++
That isn't all that important for stories like this one, or for pegging relative movement. If the number is wrong (and it seems to be), as long as it is *consistently* wrong then it is still useful for tracking change over time. You might have the absolute level incorrect, but you can see movement quite clearly even if the underlying figures aren't right. The BLS is fairly consistent with how they do things.
So that the level is likely not correct is not all *that* important for one core purpose of the measurement, which is determining if we are, at a macro scale, better off or worse off, improving or worsening. And even with the faulty measure, it's clear: worse off, worsening.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:37 PM (t0OGg)
That seemed like a good test case for the regime.
It was only like a week or two back.
Posted by: Yudhishthira's Dice
-------------
New Mexico. Unlikely to survive court actions because it was a small town state court judge making that decision using Marc Elias lawfare garbage reasoning. By specifically citing the 14th Amendment disqualification clause, the state court opened itself to having the decisions reviewed by federal courts that take a dim view of such things.
Posted by: whig at September 13, 2022 12:37 PM (CXr4y)
Posted by: JROD at September 13, 2022 12:37 PM (0jZnq)
Posted by: Hadrian the Seventh at September 13, 2022 12:36 PM (1Nxff)
Yes, they do... another Naval Tradition that has been done away with.
Posted by: Romeo13 at September 13, 2022 12:38 PM (oHd/0)
Posted by: Axeman at September 13, 2022 12:38 PM (krQz2)
Posted by: The Gods of the Copybook Headings at September 13, 2022 12:38 PM (4p7Em)
Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 12:38 PM (XvPQV)
Posted by: Mishdog at September 13, 2022 12:38 PM (B8UZp)
Posted by: sharon(willow's apprentice) at September 13, 2022 12:38 PM (Y+l9t)
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:37 PM (t0OGg)
==========
"This isn't happening, and if it is, it's Trump's fault because Biden and the federal government doesn't have the power to affect inflation one way or another but a private individual with no policy power over the money supply has all the power."
-Paul Krugman, probably.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:38 PM (LvTSG)
Posted by: AlaBAMA
Que? Muchas gracias.
Posted by: rickb223 at September 13, 2022 12:38 PM (5kCce)
Posted by: Martini Farmer at September 13, 2022 12:26 PM (BFigT)
The stupid is stronk in this administration. I think that's our only hope.
Posted by: creeper at September 13, 2022 12:39 PM (cTCuP)
Posted by: whig at September 13, 2022 12:35 PM (CXr4y)
++++
Yeah, but not in a non-interrupted way. There have been a few quarters here or there of growth. The ten or 15 years before Trump were all decline, though.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:39 PM (t0OGg)
That is another threat. You have no idea how much he would have screwed us if Trump was pres again. Summer 2020 and Covid would seem quaint
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:39 PM (t3/qz)
Yes, they do... another Naval Tradition that has been done away with.
Posted by: Romeo13 at September 13, 2022 12:38 PM (oHd/0)
I knew a guy that used the same stir stick everytime. It was a little fuzzy.
Posted by: sniffybigtoe at September 13, 2022 12:39 PM (UuD2k)
Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 12:38 PM (XvPQV)
========
Twirling, twirling, TWIRLING! towards freedom!
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:39 PM (LvTSG)
It's not rocket science but it is an inconvenient truth.
Posted by: Citizen Freeman at September 13, 2022 12:39 PM (JU/5h)
Wait, what??
Posted by: Christopher R Taylor at September 13, 2022 12:33 PM (Ivdso)
-----
If you adjust the national debt for spending beyond your means, it turns out to be zero.
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:39 PM (GezPS)
Posted by: AlaBAMA at September 13, 2022 12:39 PM (mZ3xv)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:39 PM (t3/qz)
Posted by: pookysgirl. cringing at the checkout at September 13, 2022 12:39 PM (XKZwp)
Posted by: Chatterbox Mouse at September 13, 2022 12:39 PM (JkeTM)
Actual Headline from Business Insider
“Cardi B is furious about how expensive everything has become”
And yet Ms. B will undoubtedly vote straight D and encourage all her brain dead fans to do the same. Let it all burn baby. Let the whole motherfucker burn.
Posted by: Joe XiDen at September 13, 2022 12:40 PM (IrNVV)
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)
And you should see their pathetic attempts at sodomy!
Posted by: Cicero (@cicero43) at September 13, 2022 12:40 PM (guGkK)
probably reported as "a ship pulled out in front of the girl ship and was stuck" .... girls have right of way.
Posted by: illiniwek at September 13, 2022 12:40 PM (Cus5s)
that's when things will get sporty
Posted by: REDACTED at September 13, 2022 12:40 PM (us2H3)
Posted by: Christopher R Taylor
There is a video of it on the USNI News web site. As a bonus the US Navy ship they hit was a LCS - a little crappy ship. Unfortunately the LCS didn't sink.
Posted by: Archer at September 13, 2022 12:40 PM (gmo/4)
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:39 PM (GezPS)
=========
If you close your eyes and fall asleep, the Biden administration is competent.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:40 PM (LvTSG)
Posted by: Christopher R Taylor at September 13, 2022 12:40 PM (Ivdso)
I remember companies handing out bonuses and profit sharing after about a year of Trump. That was horrible. Dark days for the country.
Posted by: Ripley at September 13, 2022 12:40 PM (MxEKc)
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:37 PM (t0OGg)
But by lowering the number by making it different from how they measured it historically... it allows them to now say 'near record numbers', vice Holy Shit Batman!
It's the same game as they play with new 'climate' records... where they lowered the historic data, to make it 'seem' like a new record!
Posted by: Romeo13 at September 13, 2022 12:40 PM (oHd/0)
Posted by: huerfano
----------------
That is the lie provided by the BLS accounting method. It has been repeatedly tweaked to downplay actual inflation of things that people actually buy via its basket of goods considered for the inflation rate. If I remember correctly, it also allows the substitution of inferior goods now. Been awhile since I used those stats.
Posted by: whig at September 13, 2022 12:40 PM (CXr4y)
*
I've got bad news for you. The car companies have made that decision for us already.
You don't have to buy an EV, but that's what they're going to be selling because there's an enormous market for them. Not here, of course, but they intend to sell to that market. And if you want to drive, that's what you'll buy.
Also, communist China says hi.
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:40 PM (syPV9)
Fortunately, none of the fires became major, and fire bureau arson investigators staked out the park and arrested the perps.
At arraignment, Portland's Soros prosecutors dropped charges against one of the perps, and argued that the other two should not have to put up bail, because arson is a "nonviolent" crime.
The perps walked out of the court as free men, without having to put up a dime. Fortunately, the weather changed a couple of days ago, so we are no longer in peak fire season.
You get what you vote for, Portland.
Posted by: The ARC of History! at September 13, 2022 12:40 PM (I2/tG)
Posted by: Hadrian the Seventh at September 13, 2022 12:36 PM (1Nxff)
I remember being about 13 and was helping mom with the dishes. I washed dad's cup. Same coffee cup he'd had from the Navy since 1938.
Boy was I in trouble.
Posted by: Diogenes at September 13, 2022 12:41 PM (RjWOi)
And yet Ms. B will undoubtedly vote straight D and encourage all her brain dead fans to do the same. Let it all burn baby. Let the whole motherfucker burn.
Posted by: Joe XiDen at September 13, 2022 12:40 PM (IrNVV)
========
Of course, because it's the mean big business, that feared Trump and kept prices down because of his tyrannical impulses, taking advantage of poor, helpless Joe Biden.
Vote for Trump. Vote for tyranny against big business.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:41 PM (LvTSG)
By the way, energy prices will rise again this winter. Oddly, right after the midterms.
Also, the biggest component of inflation in this report? Food.
Posted by: Marcus T at September 13, 2022 12:41 PM (ifHdv)
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:40 PM (LvTSG)
---
My dreams get pretty bizarre, but not that weird...
Posted by: "Perfessor" Squirrel at September 13, 2022 12:41 PM (YIVH2)
Posted by: Chatterbox Mouse
YOU BASTARDS!
Posted by: Wyatt Earp at September 13, 2022 12:41 PM (d2bW3)
Posted by: Skip's phone at September 13, 2022 12:41 PM (cTNA/)
Translation: they were not white
Posted by: Christopher R Taylor at September 13, 2022 12:41 PM (Ivdso)
Posted by: JM in Florida at September 13, 2022 12:41 PM (4liYN)
10% is no small potatoes. Thank you, proles.
Posted by: wth at September 13, 2022 12:41 PM (v0R5T)
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:40 PM (LvTSG)
---
But you have to hit delta sleep before it's convincing.
Posted by: Axeman at September 13, 2022 12:42 PM (krQz2)
@greg_price11
Inflation may be crushing your bank account, real wages may still be falling, but don't you worry because Joe Biden is going to take your money to pay the student loans of grad school alums.
Posted by: redridinghood at September 13, 2022 12:42 PM (NpAcC)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:42 PM (t3/qz)
Posted by: huerfano, stochastic commenter at September 13, 2022 12:33 PM (dTFZY)
It’s because Walmart’s ceo is greedy dude.
Posted by: Joe XiDen at September 13, 2022 12:42 PM (IrNVV)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022
***
They still make that brand? All I could find a few weeks ago was the generic cooling-heating ointment, and the $$$ Voltaren stuff.
Posted by: Wolfus Aurelius at September 13, 2022 12:42 PM (J2vNu)
Posted by: Christopher R Taylor at September 13, 2022 12:40 PM (Ivdso)
The wimmenz didn't want the tugboat job?
Posted by: anchorbabe fashion cop at September 13, 2022 12:42 PM (ufFY8)
Posted by: President Select Decaf at September 13, 2022 12:42 PM (3JfbU)
Posted by: Skip's phone at September 13, 2022 12:42 PM (cTNA/)
You get what you vote for, Portland.
Posted by: The ARC of History! at September 13, 2022 12:40 PM (I2/tG)
=========
I had a story idea this weekend.
A man in a Soros-like city has the worst day of his life and murders a bum in anger. He's caught by the police in the act, but let go an hour later. Racked with guilt, he seeks out a priest who tells him his penance must be to turn himself in to the police.
Not quite sure what to do after that, but it feels like a good setup.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:42 PM (LvTSG)
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)
So what you're saying is they're now fully qualified to sail for the US Navy.
Posted by: Robert at September 13, 2022 12:35 PM (Yr5UN)
Well, the still need to pass a test on pronouns, cause that is the key to the military being more lethal.
Posted by: Bete at September 13, 2022 12:43 PM (Tlfom)
Basically, I do all the shopping because I only buy the stuff on the list. If Her Majesty came with me the bill would be double.
Posted by: Hadrian the Seventh at September 13, 2022 12:43 PM (1Nxff)
It means your real total wealth has been reduced by 8%. Forever. No different then if Joe Biden wrote a check for 8% of your wealth.
Again, something an opposition party would be talking about...if we had one.
Posted by: 18-1 at September 13, 2022 12:43 PM (ESjRY)
@zerohedge · 2h
*BIDEN: WILL TAKE MORE TIME, RESOLVE TO BRING INFLATION DOWN
But it was 0% last month???
Posted by: andycanuck (yikp0) at September 13, 2022 12:43 PM (yikp0)
It's the same game as they play with new 'climate' records... where they lowered the historic data, to make it 'seem' like a new record!
Posted by: Romeo13 at September 13, 2022 12:40 PM (oHd/0)
++++
Sure. Manipulating the figure or just being willfully wrong in methodology is not a good thing by any means. Too much is tied to it - wages, social security, union contracts, bank interest, etc., etc., etc. My only point is that the understated way they measure it does not make it entirely useless, because relative comparisons are still possible.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:43 PM (t0OGg)
did Murk sugest to McLame's people that he take her ?
Posted by: REDACTED at September 13, 2022 12:43 PM (us2H3)
Posted by: Brisco County Sr at September 13, 2022 12:43 PM (+/akC)
Posted by: redridinghood
Well, that and our taxes paying for the IRS who will just audit us every year.
Posted by: Wyatt Earp at September 13, 2022 12:43 PM (d2bW3)
Were they trying to parallel park?
Posted by: Archimedes at September 13, 2022 12:43 PM (ayzS/)
Yeah I am sure they are all suntanned blonde honeys.
Posted by: Christopher R Taylor at September 13, 2022 12:44 PM (Ivdso)
@zerohedge · 2h
*BIDEN: WILL TAKE MORE TIME, RESOLVE TO BRING INFLATION DOWN
But it was 0% last month???
Posted by: andycanuck (yikp0) at September 13, 2022 12:43 PM (yikp0)
=========
I thought the inflation reduction act fixed everything. Forrest Gump told me so.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:44 PM (LvTSG)
Translation: they were absolutely white. (The guy who had the charges dropped was Chinese.)
Soros prosecutors approve of crime, no matter what the skin color of the people committing it.
Posted by: The ARC of History! at September 13, 2022 12:44 PM (I2/tG)
Posted by: Mishdog at September 13, 2022 12:38 PM (B8UZp)
-----
"Just think of the glorious future you have to look forward to, comrade, when your food expenses will approach and then become zero! If you adjusted the inflation rate for starvation, it actually comes in at zero ..."
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:44 PM (GezPS)
The Dukes Mayo Inflation Index is up 67% since last year.
___________
I thought they were trying to corner FCOJ.
Posted by: Hadrian the Seventh at September 13, 2022 12:44 PM (1Nxff)
Posted by: Archer at September 13, 2022 12:44 PM (gmo/4)
Posted by: Elric Blade at September 13, 2022 12:44 PM (iFTx/)
This story practically cries out for the appearance of a rabbi and a kangaroo.
Posted by: Cicero (@cicero43) at September 13, 2022 12:44 PM (guGkK)
*
Of course it is. We've been saying it for over a year now. There's a reason Cokes and other grocery products have leveled out to equal roughly the same price in relation to the $15 minimum wage silliness as they cost in relation to the $7.50 or whatever minimum wage.
It's absurd that anyone thought it was going to work any other way. One unit of unskilled, barely useful work is always worth the same value, period. Apparently there was just sufficient money dumped into the economy all at once to let the prices equalize within one year instead of 5-7.
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:44 PM (syPV9)
Posted by: Inogame, non alius regit at September 13, 2022 12:44 PM (53oGX)
Posted by: REDACTED at September 13, 2022 12:44 PM (us2H3)
Posted by: Joe XiDen at September 13, 2022 12:44 PM (IrNVV)
It's why many of the big businesses supported raising the minimum wage, and then started raising them on their own.
They do it to destroy smaller businesses who can't pay $15/hr and are then protected from antitrust claims, because they can say they didn't undercut prices to steal business, they just paid a "fair wage"
Once they have zero competition they'll say because of many factors they need to ditch the high minimum wage, and they'll start paying Democrats to reverse the law.
Posted by: Rbastid at September 13, 2022 12:44 PM (4jhOQ)
Posted by: President Select Decaf at September 13, 2022 12:45 PM (3JfbU)
I mean, we don't know what the tugboat pilots self identify as.
Posted by: Christopher R Taylor at September 13, 2022 12:45 PM (Ivdso)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:45 PM (t3/qz)
that's when things will get sporty
Posted by: REDACTED
-------------------
Right now, as long as the US currency maintains its reserve status, foreigners will support it for a higher yield. EU land is in terrible shape and facing a bad winter. China, ditto. Japan has been running debt levels of 300-400 percent of GDP for awhile now.
We are literally off the map as far as economic history and knowledge goes.
Posted by: whig at September 13, 2022 12:45 PM (CXr4y)
Posted by: Axeman at September 13, 2022 12:45 PM (krQz2)
Posted by: OhNoNotTheBees at September 13, 2022 12:45 PM (nKFuZ)
Nope - vigilante activity against homeless people is ruthlessly prosecuted in Portland.
Posted by: The ARC of History! at September 13, 2022 12:45 PM (I2/tG)
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)
And you should see their pathetic attempts at sodomy!
Posted by: Cicero (@cicero43) at September 13, 2022 12:40 PM
Have they replaced the lash with spanking?
Posted by: RedMindBlueState at September 13, 2022 12:46 PM (4p7Em)
Posted by: whig at September 13, 2022 12:45 PM (CXr4y)
---
"Here there be dragons!"
Posted by: "Perfessor" Squirrel at September 13, 2022 12:46 PM (YIVH2)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:45 PM (t3/qz)
We could always throw another $40 billion at Ukraine.
Posted by: Cicero (@cicero43) at September 13, 2022 12:46 PM (guGkK)
I saw a video where they went to one of the first cities to do this and they talked to some fast food workers.
They were happy to get raises of course, but they couldn't understand why the cost of everything they wanted to buy had also gone up at least as much as their salaries had.
Posted by: 18-1 at September 13, 2022 12:46 PM (ESjRY)
It means your real total wealth has been reduced by 8%. Forever. No different then if Joe Biden wrote a check for 8% of your wealth.
Again, something an opposition party would be talking about...if we had one.
Posted by: 18-1 at September 13, 2022 12:43 PM (ESjRY)
___________
Quoting for truth.
Posted by: Brisco County Sr at September 13, 2022 12:46 PM (+D/b7)
You know what would help? Let's send more billions to Ukraine!
Posted by: JackStraw at September 13, 2022 12:46 PM (ZLI7S)
Iran has tripled its enrichment over the past year and is fighting any UN inspection of their sites, which means they are taking it beyond just nuclear fuel for power.
Posted by: AlaBAMA at September 13, 2022 12:46 PM (mZ3xv)
They know, they're just paid top say something different.
Posted by: Rbastid at September 13, 2022 12:46 PM (4jhOQ)
Posted by: Voter theater. at September 13, 2022 12:46 PM (TLedf)
This wasn't a good report Unless "It's not getting worse" is considered a good report.
- Gas prices coming down is a good thing (unless you're in California, where they're up 20 cents in the past week to an average of $5.40).
- Grocery inflation is at 11.1%, the biggest since 1979.
-Rent inflation is at 6.3%, the biggest since 1990 (the monthly increase was 0.7%).
- Medical inflation is at 5.4%, the biggest since 1993.
- Real wages declined in August. They had bumped up a little in July.
It's a pretty picture of the Grand Canyon though. Let's focus on that. Referencing a picture of the Grand Staircase Esclante/Bear's Ears in Utah(?) the original poster posted, thanking Biden for saving it from Trump's evil drilling plans.
Posted by: Intrepid Democratic Underground AoS Liaison at September 13, 2022 12:46 PM (JCZqz)
Fucking clowns
Posted by: Buddy at September 13, 2022 12:46 PM (FCbAQ)
*
"I'd better vote for Democrats so they can fix this!"
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:46 PM (syPV9)
Posted by: Hadrian the Seventh at September 13, 2022 12:32 PM (1Nxff)
........
Drink moar Michelob Ultra! It's some cheap ass beer.
Posted by: wth at September 13, 2022 12:46 PM (v0R5T)
It was probably the fault of the tugboats yeah, but you cannot pilot a sailing ship with just one person at the wheel, so the girls were involved.
Posted by: Christopher R Taylor at September 13, 2022 12:46 PM (Ivdso)
Of course, I live in MA, where the majority of the people still wear their slave masks, but I honestly believe more people than you want to think are blaming anyone but Biden.
No 'red wave' ever made is going to help this godforsaken shithole country.
Posted by: Mary Poppins' Practically Perfect Piercing at September 13, 2022 12:46 PM (AW0uW)
Posted by: Hadrian the Seventh at September 13, 2022 12:47 PM (1Nxff)
Posted by: OhNoNotTheBees
Was the pilot a woman? What? Just askin'.
Posted by: Wyatt Earp at September 13, 2022 12:47 PM (d2bW3)
On my ship. the LTJG inspecting our space in the radio shack condemned our coffee mess as 'unsanitary". The 1st class P.O. bitched at him for having to "wash all the flavor out".
Posted by: boynsea at September 13, 2022 12:47 PM (cx155)
Posted by: Wyatt Earp at September 13, 2022 12:43 PM (d2bW3)
-----
And the attorney fees, which will likely exceed your tax bill, just to try and prove your innocence and save you from bankruptcy and/or prison.
Lawfare is not just a river in Egypt ...
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:47 PM (GezPS)
Posted by: Archer at September 13, 2022 12:44 PM
*Looks at old army uniform *
Well hell. This is BS. I didn't get ground pay.
Posted by: Diogenes at September 13, 2022 12:47 PM (RjWOi)
Oh and on a totally unrelated note a Bic Mac meal is now $11.
Posted by: Joe XiDen at September 13, 2022 12:47 PM (IrNVV)
*
Let's pretend it's only 8%.
What's the value of $1 after four years?
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:47 PM (syPV9)
Unfrickinreal.
Posted by: Huck Follywood at September 13, 2022 12:47 PM (xRdlL)
Nope - vigilante activity against homeless people is ruthlessly prosecuted in Portland.
Posted by: The ARC of History! at September 13, 2022 12:45 PM (I2/tG)
---
Hmmm. That's a good point. If you reverse the protagonist, and make the bum be the killer, who then tries to atone for his crime but is struggling, that might make for a more compelling story.
Posted by: "Perfessor" Squirrel at September 13, 2022 12:47 PM (YIVH2)
I'm shocked! Shocked, I tells ya!!
Posted by: Archimedes at September 13, 2022 12:47 PM (ayzS/)
Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 12:47 PM (u4CEu)
I'm not going to say yes, but they renamed the ship the Castle Anthrax
Posted by: Christopher R Taylor at September 13, 2022 12:47 PM (Ivdso)
Posted by: Maj. Healey at September 13, 2022 12:47 PM (A7urr)
The first tweet from the White House account after the release of disastrous new inflation numbers was about "battery storage."
https://twitter.com/thejcoop/status/
1569693119905517570
@WhiteHouse · 3h
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.
Posted by: andycanuck (yikp0) at September 13, 2022 12:47 PM (yikp0)
You know what would help? Let's send more billions to Ukraine!
Posted by: JackStraw at September 13, 2022 12:46 PM (ZLI7S)
........
Maybe some High Speed Rail while we're at it.
Posted by: wth at September 13, 2022 12:48 PM (v0R5T)
*
I remember companies handing out bonuses and profit sharing after about a year of Trump. That was horrible. Dark days for the country.
Posted by: Ripley at September 13, 2022
***
"Trump just hands out tax cuts for his rich buddies!" barked my BernieBro writing group member in 2018. I riposted: "I'm hardly rich, and I've already seen my taxes go down. How about you?"
He changed the subject.
Posted by: Wolfus Aurelius at September 13, 2022 12:48 PM (J2vNu)
Posted by: Romeo13 at September 13, 2022 12:38 PM (oHd/0)
I knew a guy that used the same stir stick everytime. It was a little fuzzy.
Posted by: sniffybigtoe at September 13, 2022 12:39 PM (UuD2k)
About 2/3rds of the way through Desert Storm, we got a new E-4 in my division... good kid...
I had split my Techs so we were working 12 on 12 off, and I was working nights... got up one evening, and as I walked into my office, and my Combat Systems Officer (Lt Cmdr we worked for) was there ... something that NEVER happened.
He looked me dead in the eye, and said 'Petty Officer R' stay calm now.... somehow HE had heard that the new crewman had washed my coffee up.
Cracked me up that the 'persona' I played as a crusty First Class SAILOR... one my Division needed... had become so ingrained in the crew after a couple years, that the senior Officers bought it...
Posted by: Romeo13 at September 13, 2022 12:48 PM (oHd/0)
Fuck it. I'm out.
Posted by: creeper at September 13, 2022 12:48 PM (cTCuP)
Posted by: Elric Blade at September 13, 2022 12:44 PM (iFTx/)
++++
Sideways motion is the good outlook. Slow, grinding decline is more likely. Crash is possible but not in the top spot. And my assumption right now is years, not months. The leverage has to be taken out as interest rates rise. Nobody wants to cause a crash, but money is more expensive which means big gains are more expensive and less likely to happen, with slow-motion decline more probably.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:48 PM (t0OGg)
Posted by: John Q. Normie at September 13, 2022 12:48 PM (Jg92y)
So another inflation reduction boondoggle. Because the last one was so effective.
Posted by: Ripley at September 13, 2022 12:48 PM (MxEKc)
Again, if there was an opposition party they would be weekly submitted a bill doing this called the "Biden-flation reduction act."
Though of course for the record economists tend to freak out about deflation.
Posted by: 18-1 at September 13, 2022 12:48 PM (ESjRY)
Posted by: BourbonChicken at September 13, 2022 12:49 PM (44ww/)
Posted by: Miss Issippi at September 13, 2022 12:49 PM (sI15f)
I'm not going to say yes, but they renamed the ship the Castle Anthrax
Posted by: Christopher R Taylor at September 13, 2022 12:47 PM (Ivdso)
Mojitos, sodomy, and the spanking?
Posted by: anchorbabe fashion cop at September 13, 2022 12:49 PM (ufFY8)
Here in Fairfax Co., the heart of NoVa, a substitute teacher makes $17 / hour. So we could just go down to the local burger joint and staff up.
Posted by: Archimedes at September 13, 2022 12:49 PM (ayzS/)
What's the value of $1 after four years?
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:47 PM (syPV9)
===============
$12.76 , after living wage checks from our soon to be passed bill are counted!!
Posted by: Alexexandra Titty-Caca and The American Left at September 13, 2022 12:49 PM (xRdlL)
Posted by: huerfano, stochastic commenter at September 13, 2022 12:33 PM (dTFZY)
==
The federal junta is admitting food is up 12% so in reality food is up north of 20%. DAMN TRUMP AND SEMI-FASCIST MAGAs!!!
Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 12:49 PM (u4CEu)
Lawfare is not just a river in Egypt ...
Posted by: ShainS -- Go Galt or Go Rome
Absolutely correct. I guarantee most of the audits will be against conservatives, because Democrats never cheat on THEIR taxes...
Posted by: Wyatt Earp at September 13, 2022 12:49 PM (d2bW3)
Posted by: gp Declines 2024 Nomination at September 13, 2022 12:49 PM (24fqN)
Posted by: Christopher R Taylor at September 13, 2022 12:50 PM (Ivdso)
What's the value of $1 after four years?
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022
***
About 70 cents
Posted by: Wolfus Aurelius at September 13, 2022 12:50 PM (J2vNu)
"Institutions" is never defined in these bleats, but if you mean the political parties, the churches, business, the military and the universities, let's try right after the Civil War, and many would have called it well before that.
Being a Grumpy Grampaw was not just invented.
I also know where the Snows of Yesteryear went.
Posted by: Way, Way Downriver at September 13, 2022 12:50 PM (x61Im)
Posted by: Joe XiDen at September 13, 2022 12:50 PM (IrNVV)
Posted by: Brett Baier at September 13, 2022 12:51 PM (YTBIQ)
F U Biden
Posted by: Wyatt Earp at September 13, 2022 12:51 PM (d2bW3)
Posted by: Squid at September 13, 2022 12:51 PM (CD9lM)
Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM) at September 13, 2022 12:51 PM (pNxlR)
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.
Posted by: andycanuck (yikp0)
===
We make batteries in the USA? I don't think so.
Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 12:51 PM (u4CEu)
Haha. No.
Posted by: Huck Follywood at September 13, 2022 12:51 PM (xRdlL)
Posted by: Joe XiDen at September 13, 2022 12:50 PM (IrNVV)
---
Funny how the people too poor to afford a personal ID just vanish at that point.
Posted by: Axeman at September 13, 2022 12:52 PM (krQz2)
steve little @littles1313 · 2h
Replying to @thejcoop and @redsteeze
My four year old was just saying yesterday she really hopes that the battery storage numbers would be really great today.
Posted by: andycanuck (yikp0) at September 13, 2022 12:52 PM (yikp0)
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage
LOL.
Idiocracy.
Posted by: Deplorable Ian Galt at September 13, 2022 12:52 PM (ufFY8)
Posted by: AlaBAMA at September 13, 2022 12:52 PM (mZ3xv)
Posted by: Joe XiDen at September 13, 2022 12:52 PM (IrNVV)
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:48 PM (t0OGg)
Stuff with reliable inflation adjusted returns and some fixed rate debt (most corporate debt is fixed rate) will do just fine. There will be de-leveraging over time due to higher rates. It's the rapid money-burning speculative enterprises that will be in a tough spot.
Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 12:53 PM (b2nrj)
Fed has kept the M2 money supply pretty static (very slight rise) since January... after increasing it by almost 30% since 2020.
But the new spending really has not hit the Federal Deficit yet, so they didn't need to print more money... yet.
The Deficit Reduction spending really hits over the next few years... most of it is long term spending.
Posted by: Romeo13 at September 13, 2022 12:53 PM (oHd/0)
Posted by: Christopher R Taylor at September 13, 2022 12:53 PM (Ivdso)
What's the value of $1 after four years?
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:47 PM (syPV9)
++++
$0.72
But the real problem is that women will only make $0.54 for every $0.72 men make....
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:53 PM (t0OGg)
If Republicans were smart, I said if, they would be running on a platform of defunding Biden's 87,000 new IRS agents.
Posted by: JackStraw at September 13, 2022 12:53 PM (ZLI7S)
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.
You know what is clean, cheap, reliable, American Made, available 24/7 and does not require megatons of toxic mining?
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:53 PM (t3/qz)
Posted by: Squid at September 13, 2022 12:51 PM (CD9lM)
---
Orangeman is bad.
Posted by: Axeman at September 13, 2022 12:53 PM (krQz2)
Posted by: SMOD at September 13, 2022 12:53 PM (RHGPo)
Citing no evidence, Eric P. Bruskin, assistant director of the commercial litigation branch of the Justice Department’s Civil Division, dramatically replied referring to Alliance Defending Freedom: “Jason, this is a hate group. You’re speaking at a conference for a hate group. Are these the beliefs you hold? If so, then it’s time we end our professional association.”
Alliance Defending Freedom is the world’s largest legal organization committed to protecting religious freedom, free speech, the sanctity of life, parental rights, and God’s design for marriage and family.
Posted by: SMOD at September 13, 2022 12:53 PM (RHGPo)
Posted by: Archimedes at September 13, 2022 12:53 PM (ayzS/)
Posted by: boynsea at September 13, 2022 12:32 PM (cx155)
Nope, you got it in one. Full marks, that answer.
Posted by: Kindltot at September 13, 2022 12:53 PM (xhaym)
And I think real household income for the lower income quintiles rose under Trump for the first time since the 80s, and by more than any time since the 60s.
Great job, America!
Posted by: rhomboid at September 13, 2022 12:53 PM (OTzUX)
Posted by: InZona (formerly InCali) at September 13, 2022 12:53 PM (ep37o)
Posted by: Dominion Voting Machines at September 13, 2022 12:54 PM (u4CEu)
*
Yep. Similar to auto techs just starting out. Except they aren't getting raises. And the people who have been working for 7-10 years and are making $25/hour aren't getting raises, either.
They all got a pay cut. A *massive* pay cut. Every one of us did.
And Republicans are silent.
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:54 PM (syPV9)
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:53 PM (t0OGg)
I'm sure there's a sarc tag somewhere.
Posted by: AlaBAMA at September 13, 2022 12:54 PM (mZ3xv)
They are refoliating.
Posted by: gp Declines 2024 Nomination at September 13, 2022 12:54 PM (24fqN)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:54 PM (t3/qz)
Posted by: Brett Baier at September 13, 2022 12:51 PM (YTBIQ)
We couldn't have done it without cocksuckers like you, Brett!
Posted by: Biden voters at September 13, 2022 12:54 PM (yvHe0)
i realized shit was getting real a bit ago when my local mcdonalds stopped doing $1 any-size drinks.
Posted by: kulak anachronda at September 13, 2022 12:54 PM (sGtp+)
Posted by: InZona (formerly InCali) at September 13, 2022 12:54 PM (ep37o)
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.
====================
Thanks Junta.
My bride and I will certainly take your perspective into account this evening when we sit down to work out our budget reductions.
Posted by: Huck Follywood at September 13, 2022 12:54 PM (xRdlL)
Posted by: Just Lily at September 13, 2022 12:55 PM (wgRpZ)
Making money online is more than $15k just by doing simple work from home. I received $18376 last month. It's an easy and simple job to do and its earnings are much better than regular office jobs and even a little child can do this and earn money. Everybody must try this job by just use the info on this page..... www.worksful.com
Posted by: Jessica Robinson at September 13, 2022 12:55 PM (glQ58)
Posted by: Elric Blade at September 13, 2022 12:44 PM (iFTx/)
Fair point
Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 12:55 PM (XvPQV)
Posted by: Joe Mannix (Not a cop!)
------------------
When doing time series analysis, I normally used yearly figures because too much 'adjustment' noise for quarterly figures. Most of those quarterly rises and falls are under the category of statistical noise.
Detrending quarterly or monthly data for seasonal change was always a bitch and not worth it for the most part--it gave you more data points but less reliable data.
Posted by: whig at September 13, 2022 12:55 PM (CXr4y)
Posted by: Office of the Affirmative Action Lesbian at September 13, 2022 12:55 PM (W7Wi6)
Posted by: Christopher R Taylor at September 13, 2022 12:55 PM (Ivdso)
Posted by: Doyle Hargrave at September 13, 2022 12:55 PM (2cfUo)
Posted by: andycanuck (yikp0) at September 13, 2022 12:55 PM (yikp0)
Posted by: AlaBAMA at September 13, 2022 12:55 PM (mZ3xv)
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022
++++
$0.72
But the real problem is that women will only make $0.54 for every $0.72 men make....
Posted by: Joe Mannix (Not a cop!) at September 13, 2022
***
If that were true, companies would hire only women, and their wage costs would be ca. 25% lower. Funny how nobody ever brings that little FACT up.
Posted by: Wolfus Aurelius at September 13, 2022 12:55 PM (J2vNu)
*
The one that was around $5 when minimum wage was $7.50?
Gosh, what a shocking development.
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:55 PM (syPV9)
But the real problem is that women will only make $0.54 for every $0.72 men make....
Posted by: Joe Mannix (Not a cop!)
===
Golf clap
Posted by: Dominion Voting Machines at September 13, 2022 12:55 PM (u4CEu)
Posted by: gov't here to help at September 13, 2022 12:55 PM (1+Yy9)
Economy is not expanding, but we continue to export over $400 Billion a year to China, via the trade deficit.
Which they are using to build a Navy.
Posted by: Romeo13 at September 13, 2022 12:55 PM (oHd/0)
Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 12:56 PM (XvPQV)
---
Ever notice how "Sarah" earns exactly the same amount every month? She doesn't seem to be increasing her gains...Apparently she needs to work on her sales techniques.
Posted by: "Perfessor" Squirrel at September 13, 2022 12:56 PM (YIVH2)
Posted by: Archimedes at September 13, 2022 12:49 PM (ayzS/)
++++
Except that you can't, and this is why soaring wages at the floor flow upward to everything else.
Small-scale example: assume you run a restaurant. You have a dishwasher earning $8/hr and a sous chef earning $12/hour. Minimum wage goes up to $10/hour, so now the dishwasher is earning $10 and the sous chef is still earning $12. The gap between the unskilled labor and the skilled labor shrank from 50% to 25%. The sous chef isn't going to be cool with that, and is going to demand $15 - and he'll get it, or some other restaurant will pay him that or more.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:56 PM (t0OGg)
And. It is still overvalued by at least half.
Posted by: garrett at September 13, 2022 12:56 PM (FExT/)
Posted by: JackStraw
I could see Rand Paul, maybe Cruz, Massie... that's about it.
Posted by: Wyatt Earp at September 13, 2022 12:56 PM (d2bW3)
Posted by: AlaBAMA at September 13, 2022
***
Yeah, Jessica, OnlyFans doesn't count.
Posted by: Wolfus Aurelius at September 13, 2022 12:56 PM (J2vNu)
Fuck you Joe! - Gook outside the wire
Fuck you Joe! - Me every day here in America
Posted by: Archer at September 13, 2022 12:29 PM (gmo/4)
Funny shit. lol
Posted by: Berserker-Dragonheads Division at September 13, 2022 12:56 PM (VwHCD)
Posted by: Next month eyeing a new price sticker at September 13, 2022 12:56 PM (ESjRY)
---
Well, at least we're bringing something down.
It's the wrong thing, but it's something.
Biden will just have to point the shrinkemizer at inflation instead.
Posted by: Axeman at September 13, 2022 12:56 PM (krQz2)
Posted by: AlaBAMA at September 13, 2022 12:56 PM (mZ3xv)
Posted by: Joe Mannix (Not a cop!)
===
they should get their lame asses to town
Posted by: REDACTED at September 13, 2022 12:57 PM (us2H3)
*
Same here, except I noticed it at Sams. They went from their huge well-insulated styrofoam cups at the food court to waxed paper cups that are probably 2/3rds or less of the volume.
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:57 PM (syPV9)
Posted by: Bender at September 13, 2022 12:32 PM (JMAcK)
Powell doesn't want to lose the Dollar to hyperinflation or by having the rest of the world refuse it as the international debt clearing instrument (everyone uses dollars except for small changes)
Europe doesn't want to lose the Euro and wants the Dollar to inflate
Biden or someone in the administration doesn't want to pay higher rates, and wants to continue to buy votes and stuff gobs of cash into their friends' ample pockets and is forcing the FED to accept the porkulus bills' debt
We are boned, but the question is how boned, and that has to do with how the people with the levers of power start to yank them.
Posted by: Kindltot at September 13, 2022 12:57 PM (xhaym)
Thank You Mirant and Delta Energy for throttling up to accommodate my extra energy usage while them EV phags had to ride the bus. Finally moving my thermostat from "arctic" to 68 degrees!
Posted by: JROD at September 13, 2022 12:57 PM (0jZnq)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:53 PM (t3/qz)
==================
What
Posted by: Rope and Tar Suppliers of America at September 13, 2022 12:57 PM (fkXN8)
Posted by: Deplorable Ian Galt at September 13, 2022 12:57 PM (ufFY8)
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
Posted by: andycanuck (yikp0) at September 13, 2022 12:57 PM (yikp0)
I guess Biden should amuse himself by SWAT raiding more republicans.
Posted by: sockamster, Aos ShowRunner at September 13, 2022 12:57 PM (OuH7W)
10 years ago a 2 bedroom similar place could be had for under $1000. I live in a smallish city in flyover. And even here housing costs have gone off the charts.
Wages have obviously not increased at anywhere near the same pace.
Posted by: Joe XiDen at September 13, 2022 12:57 PM (IrNVV)
The left now: If you haven't committed any crimes why are you worried about 87K new IRS agents, the government reading your email, and social media companies listening to your phone calls?
Posted by: Next month eyeing a new price sticker at September 13, 2022 12:57 PM (ESjRY)
Posted by: "Perfessor" Squirrel
Sigh, I miss Lace Wigs.
Posted by: Wyatt Earp at September 13, 2022 12:58 PM (d2bW3)
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
Posted by: andycanuck (yikp0) at September 13, 2022 12:57 PM (yikp0
None of this is true. At all.
Posted by: AlaBAMA at September 13, 2022 12:58 PM (mZ3xv)
Farm girls?
Posted by: Christopher R Taylor at September 13, 2022 12:58 PM (Ivdso)
I'd be more interested if this was Jessica Robbins.
Posted by: garrett at September 13, 2022 12:58 PM (FExT/)
Tesla partners with Panasonic. They build the batteries in the US.
As of 2021, Tesla partners with Panasonic for its car battery building. Panasonic also supports the efforts of all battery manufacturing in Tesla’s Gigafactory. The partnership gives Panasonic a significant portion of space in the Gigafactory, which makes transporting Panasonic’s contributions simplified for the overall manufacturing process....The new batteries build out the concept of electric storage. To support this segment the company has built an enormous battery factory (appropriately named a Gigafactory) in the Nevada desert.
Posted by: Archimedes at September 13, 2022 12:58 PM (ayzS/)
Posted by: wth at September 13, 2022 12:58 PM (v0R5T)
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
***
(reads)
(re-reads)
(ctl+f's "inflation)
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:58 PM (syPV9)
lol. The health care component of CPI went up over 23%
Posted by: Marcus T at September 13, 2022 12:58 PM (VpIIl)
You might have a think for yourselves. Fortunately, you have us to tell you what to think.
Posted by: Mika B. at September 13, 2022 12:58 PM (a3Q+t)
At the guillotine, or at the sentencing hearings?
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:59 PM (LvTSG)
Posted by: "Perfessor" Squirrel at September 13, 2022 12:56 PM (YIVH2)
Maybe she should quit wasting all of her time posting shit on dodgy blogs and tend to her business.
Posted by: Cicero (@cicero43) at September 13, 2022 12:59 PM (guGkK)
------------------
Often, it is relabeled Chinese shit where a Vietnamese worker puts on a part or something and the product is then shipped out as made in Vietnam. Same stunt was used to circumvent tariffs using NAFTA as a shield. Mexico and Canada were complicit in funneling Chinese goods into the US by means of adding very little to a product's assembly (or likely nothing in many cases) but then shipping it out as made in Mexico or Canada. The new Trump agreement replacing NAFTA made that more difficult to do if enforced. Probably not under China Joe.
Posted by: whig at September 13, 2022 12:59 PM (CXr4y)
Clean Coal?
Posted by: gp Declines 2024 Nomination at September 13, 2022 12:59 PM (24fqN)
*
Assembled in the U.S.?
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:59 PM (syPV9)
The article I linked is from 2021 so its info is date, and it says that they are trying to move more toward producing their own stuff.
Posted by: Christopher R Taylor at September 13, 2022 12:59 PM (Ivdso)
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 12:59 PM (Zz0t1)
Clean Coal?
Posted by: gp Declines 2024 Nomination at September 13, 2022 12:59 PM (24fqN)
========
The burning of hippies?
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:00 PM (LvTSG)
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:00 PM (Zz0t1)
Posted by: Mary Poppins' Practically Perfect Piercing at September 13, 2022 12:46 PM (AW0uW)
Ummm..in my opinion a shit**** is a shit****. You know, the place where you dig to squat on the ground to use the bathroom. I'm not squatting on the ground to do that yet. I'm not forced to pick scraps from garbage dumps as they do in some places in India. Do you do either of those things Yes, inflation is high but I'm still able to eat. How about you.?
It's a very corrupt country.
God may have forsaken us, but it's hard to know if it's permament or if we repent, God will restore us. Church Militant has a Catholic guy calling for days of repentance in at Catholic parishes. Can you get whatever parish you attend to do that? I think Protestants should do it as well. I'll find a link.
Posted by: FenelonSpoke at September 13, 2022 01:00 PM (vH/6k)
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:00 PM (syPV9)
The new Passover.
Put a Biden sign in your yard and the Feds will pass you by.
Posted by: Diogenes at September 13, 2022 01:00 PM (RjWOi)
And yeah, that. A dodge a lot of companies use. Chinese made parts, assembled here, sold as made in USA.
Posted by: Christopher R Taylor at September 13, 2022 01:00 PM (Ivdso)
Posted by: Archimedes
----------------
And where does the sub assemblies and parts come from. Panasonic has used China for subassemblies or even complete manufacturing for awhile now.
Posted by: whig at September 13, 2022 01:00 PM (CXr4y)
https://instapundit.com/542382/
Posted by: Robert at September 13, 2022 01:00 PM (bFcrv)
Posted by: AlaBAMA at September 13, 2022 01:00 PM (mZ3xv)
Ted Cruz keeps trying to have that added to the platform. The GOP keeps resisting.
Posted by: Marcus T at September 13, 2022 01:00 PM (VpIIl)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 01:01 PM (t3/qz)
Posted by: Elric Blade
++++
Sideways motion is the good outlook. Slow, grinding decline is more likely. Crash is possible but not in the top spot. And my assumption right now is years, not months.
++++
The up days have not made any progress. We keep seeing lower lows. Those of us retired looking to those accounts to support our lifestyle and required to take money from these accounts are basically eating our seed corn. I am in a decent position because I had my own accounts. Think of all those municipal and union employees whose accounts are managed. How long before they can no longer pay out benefits?
Posted by: sharon(willow's apprentice) at September 13, 2022 01:01 PM (Y+l9t)
Posted by: sockamster, Aos ShowRunner at September 13, 2022 01:01 PM (OuH7W)
Posted by: Huck Follywood at September 13, 2022 01:01 PM (CQhMT)
Posted by: Robert at September 13, 2022 01:01 PM (bFcrv)
*
It should've been an acronym, dammit!
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:01 PM (syPV9)
You can't win an election by promising to put 87000 government workers out of a job!
-GOP
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 01:02 PM (t3/qz)
https://instapundit.com/542351/
Posted by: Robert at September 13, 2022 01:01 PM (bFcrv)
========
Mitt probably leaked this because he wants to go out in a blaze of glory.
He's not even going to run for re-election next cycle.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:02 PM (LvTSG)
Mitt Romney Urged Biden to Run.
https://instapundit.com/542351/
Posted by: Robert at September 13, 2022 01:01 PM (bFcrv)
Gotta love that good old Uniparty, amirite?
Posted by: Yudhishthira's Dice at September 13, 2022 01:02 PM (oINRc)
Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 12:53 PM (b2nrj)
++++
In some cases, this is true but in a lot of cases it only appears to be true. Corporate debt is largely fixed, but the cashflow in a lot of zombie corps isn't really there to cover it and it requires refinancing to pay off the last bond. That refinance will be higher, and it will bite those guys hard.
A lot of big corps play the cyclical refinancing game and rode interest rates all the way down, borrowing more and more and more for approximately the same carrying costs.
But that party ends when interest rates rise, and then you're fucked because your carrying costs went up dramatically - even though the instrument was fixed-rate - because you have too much debt and you have to roll it over at the higher rate to keep the lights on.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:02 PM (t0OGg)
Posted by: Lost In Space at September 13, 2022 01:02 PM (XzBgg)
Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 01:02 PM (XvPQV)
Posted by: REDACTED at September 13, 2022 01:02 PM (us2H3)
The Biden administration: pic.twitter.com/t8HbL7dWIn
- Aldous Huxley's Ghost (@AF632) September 13, 2022
Age restricted, but I can only imagine.
The problem is, there's 48% of America that buys into the LIES LIES LIES that the left keeps spewing because they're sheep being led to the slaughter and are too stupid to realize it.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:02 PM (Zz0t1)
Well, obviously Putin has put in a request with the Climate Change gods to spoil Joe Biden's month. Otherwise, he'd have a lot more 11 year olds to fondle.
Posted by: Sphynx at September 13, 2022 01:02 PM (P6qMv)
The market is a shell game being played on the surface of a soap bubble at this point.
Posted by: garrett at September 13, 2022 01:02 PM (FExT/)
Posted by: FenelonSpoke at September 13, 2022 01:02 PM (vH/6k)
Mr. Inflation to Mr. Wages: Bro!, Do you even lift?
Posted by: Guy Mohawk at September 13, 2022 01:02 PM (r1R+H)
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
==
It won't lower the cost of prescription drugs.
It will increase the price of gasoline, electricity, and natural gas.
It will increase the deficit.
AND
It will increase the price of goods Americans buy also known as inflation.
Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 01:03 PM (u4CEu)
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:57 PM (syPV9)
They had bacon on sale at me grocery store, so I bought a package...
Cooked it and suddenly realized that what I thought was LBs. of Bacon, was 12 ounces.
But it was on sale for 10% off!
Posted by: Romeo13 at September 13, 2022 01:03 PM (oHd/0)
Bam!
Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 01:02 PM (XvPQV)
It's good to be king.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:03 PM (Zz0t1)
Posted by: Jeb! at September 13, 2022 01:03 PM (a3Q+t)
Yeah, that's why I don't care much if there's going to be a red wave or not, or what size it is or whatever. Things are not going to change for the better even if Republicans take a supermajority in both houses. Because the Republican leadership does not WANT the change, they like how things are, and are corrupt and worthless.
Also, even if many of the new members of congress are more sane and MAGA, it won't matter because unless your name rhymes with Bitt Womney, new members of congress have zero power and have no control whatsoever over the direction of things in congress.
Posted by: Christopher R Taylor at September 13, 2022 01:03 PM (Ivdso)
the dow is secure. what we have is a broken investment system that we've asked congress to reform.
Posted by: camel, a at September 13, 2022 01:03 PM (sGtp+)
10 years ago a 2 bedroom similar place could be had for under $1000. I live in a smallish city in flyover. And even here housing costs have gone off the charts.
Wages have obviously not increased at anywhere near the same pace.
Posted by: Joe XiDen at September 13, 2022 12:57 PM (IrNVV)
___________________
Depends on who's wages you are looking at. Overall, wages are down, but there are a lot of people doing really well -- even better than they were before. Rental prices are going through the roof. Take a look at what a 2BR rents for in Manhattan. That's based on a number of factors, but one of them is that lots of people have lots of money to spend.
Posted by: Elric Blade at September 13, 2022 01:03 PM (iFTx/)
10 years ago a 2 bedroom similar place could be had for under $1000. I live in a smallish city in flyover. And even here housing costs have gone off the charts.
Wages have obviously not increased at anywhere near the same pace. Posted by: Joe XiDen
-------------------
High rents are used for price discrimination against people likely to tear up units and/or commit petty street crimes. Same as neighborhoods with a gate and HOA. Compliance costs run off lower income renters or buyers.
Posted by: whig at September 13, 2022 01:03 PM (CXr4y)
The problem is, there's 48% of America that buys into the LIES LIES LIES that the left keeps spewing because they're sheep being led to the slaughter and are too stupid to realize it.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:02 PM (Zz0t1)
========
It's a gif from How I Met Your Mother of two characters dancing on a bed and shooting champagne from a bottle.
So, you know, mildly suggestive which we can't have exposed to the people. Now, I have to get back to work drawing graphic sex images for children's books that will be required reading in kindergarten.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:03 PM (LvTSG)
“Prices have essentially been flat”
I’m sorry what
[JPG of "Biden" statement about "This is fine."]
https://twitter.com/sunnyright/status/
1569688093094969346
Posted by: andycanuck (yikp0) at September 13, 2022 01:03 PM (yikp0)
Posted by: Axeman at September 13, 2022 12:38 PM (krQz2)
The first great irony of Marx is that he was using obsolete models of what drives an economy and sets price. He was using Ricardo's theory of labor to set prices when Menger and Jevons had already set out the theory of Marginal Utility
The second was that agglomerations of great wealth caused great injustice against the individual worker, but the solution was to make even greater agglomeration of power and influence that would somehow not look to its own aggrandizement and instead help the worker.
He essentially posits that "under capitalism man preys upon his fellow man: under Socialism this will be reversed"
Posted by: Kindltot at September 13, 2022 01:04 PM (xhaym)
Posted by: Farmer Bob at September 13, 2022 01:04 PM (xDian)
Posted by: AlaBAMA at September 13, 2022 12:55 PM
She was just drawn that way!
Posted by: RedMindBlueState at September 13, 2022 01:04 PM (4p7Em)
Posted by: davidt at September 13, 2022 01:04 PM (oTZbj)
Posted by: Axeman at September 13, 2022 01:04 PM (krQz2)
*
You can't win an election by promising to put 87000 government workers out of a job!
-GOP
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022
***
To which Cruz should reply: "They don't HAVE those jobs yet!"
Posted by: Wolfus Aurelius at September 13, 2022 01:04 PM (J2vNu)
Posted by: jeff at September 13, 2022 01:04 PM (pvt9V)
Posted by: Joe XiDen at September 13, 2022 01:04 PM (IrNVV)
https://instapundit.com/542382/
Posted by: Robert at September 13, 2022 01:00 PM (bFcrv)
"Hey, motherfucker, why are you naked?"
OMG, that is hilarious.
Once again, Detroit area libtards representing...
Posted by: Deplorable Ian Galt at September 13, 2022 01:04 PM (ufFY8)
https://tinyurl.com/5h4y9pxb
Posted by: Archimedes at September 13, 2022 01:04 PM (ayzS/)
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:02 PM (Zz0t1)
Clearly this is the fault of Ultra Maga Fascists, who want to tank the economy to make President for Life Biden, look bad!
Posted by: Romeo13 at September 13, 2022 01:04 PM (oHd/0)
Posted by: Mishdog at September 13, 2022 01:04 PM (B8UZp)
Farm girls?
Posted by: Christopher R Taylor at September 13, 2022 12:58 PM (Ivdso)
++++
Last time I checked, diamonds tick *none* of those boxes, and you're gonna need 'em...
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:05 PM (t0OGg)
Posted by: Marcus T at September 13, 2022 01:05 PM (VpIIl)
Throwing Mitch out on his ass would be a good vote-based start.
Posted by: Axeman at September 13, 2022 01:04 PM (krQz2)
The Pork King of Kentucky?
Not. A. Chance.
Posted by: Yudhishthira's Dice at September 13, 2022 01:05 PM (oINRc)
https://instapundit.com/542351/
Posted by: Robert at September 13, 2022 01:01 PM (bFcrv)
===
The senate is not 50-50. The senate is 55-45 democrat.
Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 01:05 PM (u4CEu)
https://instapundit.com/542351/
Posted by: Robert
F Joe Biden, and F Mittens
Posted by: Wyatt Earp at September 13, 2022 01:05 PM (d2bW3)
Posted by: Joe XiDen at September 13, 2022 01:04 PM (IrNVV)
I call them Vichy GOPe! It SINGS!
Posted by: Romeo13 at September 13, 2022 01:06 PM (oHd/0)
Not. A. Chance.
Posted by: Yudhishthira's Dice at September 13, 2022 01:05 PM (oINRc)
========
The year to get rid of him was 2020.
Mitch won his primary by 76%.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:06 PM (LvTSG)
https://instapundit.com/542382/
Posted by: Robert at September 13, 2022 01:00 PM
I'm currently sitting in the union building on the campus of Washington State University. Looking around I do not expect anything quite so dramatic. That said, there are some cuties here.
Posted by: Diogenes at September 13, 2022 01:06 PM (RjWOi)
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
==
When the junta sets out to "help" it would be nice if they at least sent you some KY for the announcement.
Posted by: Huck Follywood at September 13, 2022 01:06 PM (CQhMT)
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
.........
LETS PARTY!
Posted by: wth at September 13, 2022 01:06 PM (v0R5T)
Posted by: J. Toobin at September 13, 2022 01:06 PM (a3Q+t)
Well. Until they DO make batteries in the US, it is exctly accurate.
Posted by: garrett at September 13, 2022 01:06 PM (FExT/)
https://instapundit.com/542382/
Posted by: Robert at September 13, 2022 01:00 PM (bFcrv)
===
I don't see a problem with that.
Posted by: Jeffy Toobin at September 13, 2022 01:07 PM (u4CEu)
Posted by: Marcus T
Considering the "president*" I expect a depression by the end of 2023, if not sooner.
Posted by: Wyatt Earp at September 13, 2022 01:07 PM (d2bW3)
That's said like it's a bad thing.
Posted by: J. Toobin at September 13, 2022 01:06 PM (a3Q+t)
***
HAH!
Posted by: P W Herman at September 13, 2022 01:07 PM (flINI)
I am truly baffled by this. How states will keep re-electing scumbags in the face of all proof that they are awful. Why? "He's got power!" Yeah, that's the damned problem.
Posted by: Christopher R Taylor at September 13, 2022 01:07 PM (Ivdso)
Posted by: whig at September 13, 2022
***
They also discriminate against people like me: the sort of responsible, quiet renter every landlord dreams of, but who doesn't want to (or can't) spend 3/4 of his monthly income for shelter.
Posted by: Wolfus Aurelius at September 13, 2022 01:07 PM (J2vNu)
Posted by: Maj. Healey at September 13, 2022 01:07 PM (A7urr)
Posted by: Marcus T at September 13, 2022 01:05 PM (VpIIl)
More, it significantly adds to the Federal debt, as they have to pay for interest... which leads to the Fed printing money to cover said debt, which increases inflation.
We are seeing the logical conclusion of Keynesian Economics.
Posted by: Romeo13 at September 13, 2022 01:08 PM (oHd/0)
Yeah, I was gonna say... also, are they made here or assembled from parts made in Japan?
Posted by: Christopher R Taylor at September 13, 2022 01:08 PM (Ivdso)
No matter where they are ultimately assembled the vast majority of the raw materials come either from China or from Chinese owned assets. One of the deals Hunter helped the CCP with through Bohaii Harvest was one of the biggest cobalt mines in the world in Congo.
Posted by: JackStraw at September 13, 2022 01:08 PM (ZLI7S)
Posted by: Hawkpilot at September 13, 2022 01:08 PM (xEJxo)
Posted by: Lost In Space at September 13, 2022 01:08 PM (XzBgg)
Posted by: Dominion at September 13, 2022 01:08 PM (A7urr)
Posted by: TANK at September 13, 2022 01:09 PM (us2H3)
In some kind of fantasy world, I suppose it might be theoretically possible to remove Mitch McConnell from his leadership position. But he will certainly die or retire before that ever happens.
As long as he can keep the yuuuge river of spice flowing into KY (and he can as long he remains a Democrat in good standing), he's totally safe.
Posted by: Yudhishthira's Dice at September 13, 2022 01:09 PM (oINRc)
Especially in a primary.
I'd love to see interviews with these people...who they are...and why they choose what they did.
Posted by: 18-1 at September 13, 2022 01:09 PM (ESjRY)
Posted by: Kindltot at September 13, 2022 01:04 PM (xhaym)
---
Wait. So Ricardo is the idiot who thought up the "Labor Theory of Value"?
But then again, perhaps it still had a demand/scarcity-based element that Marx denied.
Even Locke denied that a "sweat equity" allowed one person to sweep up all the apples and let the ones he didn't eat rot in his cellar.
Posted by: Axeman at September 13, 2022 01:09 PM (krQz2)
Posted by: FenelonSpoke at September 13, 2022 01:09 PM (vH/6k)
I am truly baffled by this. How states will keep re-electing scumbags in the face of all proof that they are awful. Why? "He's got power!" Yeah, that's the damned problem.
Posted by: Christopher R Taylor at September 13, 2022 01:07 PM (Ivdso)
===========
Because Mitch learned how to consolidate his power.
As leader, he is able to get a lot of federal carveouts for KY into omnibus bills. His constituent services is probably second to none ("He helped my mom sort out her medicare issues, so I can't vote against him."). He's the top of the heap within the state politically with every GOPe wannabe at that level sucking up to him.
He is a power center, and it creates an environment where challenging him is pretty much impossible. He's built up too strong and varied a defensive bulwark against challengers.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:09 PM (LvTSG)
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
==
It will do none of these things.
- - The Narrator
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:09 PM (Zz0t1)
Well. Until they DO make batteries in the US, it is exctly accurate.
Posted by: garrett at September 13, 2022 01:06 PM (FExT/)
===
JUKIN International is thinking about making batteries in South Dakota. So the USA has that going for it.
Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:09 PM (u4CEu)
Posted by: Archer at September 13, 2022 01:09 PM (gmo/4)
Whaddya know--Bill Barr.
Posted by: IrishEi at September 13, 2022 01:09 PM (3ImbR)
Posted by: Farmer Bob at September 13, 2022 01:04 PM
So there is a career path here?
Posted by: J. Random Moron at September 13, 2022 01:09 PM (a3Q+t)
Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)
Posted by: 18-1 at September 13, 2022 01:09 PM (ESjRY)
========
There would be a whole lot of, "He's good for Kentucky."
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:10 PM (LvTSG)
-----------------------
You will see a return to work by elders until you are unable physically to do so anymore or charity from family/kindness of strangers.
Posted by: whig at September 13, 2022 01:10 PM (CXr4y)
And Kentuckians are in for a surprise once that piece of shit is in the cold embrace of the grave... they're about to find out just how much they matter without the Turtle around.
Posted by: Yudhishthira's Dice at September 13, 2022 01:10 PM (oINRc)
This isn't just econ it's politics. And politics isn't fair. You take advantage of what news you can and blast the shit out of your opponents over it.
Posted by: Hands at September 13, 2022 01:11 PM (786Ro)
And Kentuckians are in for a surprise once that piece of shit is in the cold embrace of the grave... they're about to find out just how much they matter without the Turtle around.
Posted by: Yudhishthira's Dice at September 13, 2022 01:10 PM (oINRc)
=========
All the more reason to keep him around as long as possible.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:11 PM (LvTSG)
Whaddya know--Bill Barr.
Posted by: IrishEi at September 13, 2022 01:09 PM (3ImbR)
Nuke them till they glow then ***** them in the dark.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:11 PM (Zz0t1)
Whaddya know--Bill Barr.
Posted by: IrishEi
So, a Democrat event?
Posted by: Wyatt Earp at September 13, 2022 01:11 PM (d2bW3)
Pay those union workers what they're worth, Democrats. And don't work until they do, union workers!
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:11 PM (syPV9)
No, someone else (Panasonic) may sometimes currently make some parts of the battery somewhere other than the Gigafactory, but that's not making a battery. That's making a component. If the end product isn't a battery, you're not making batteries. Tesla's batteries don't appear by immaculate conception.
Posted by: Archimedes at September 13, 2022 01:11 PM (ayzS/)
Strong horse, er, turtle, er, you know what I mean.
Posted by: Zombie Bin Laden at September 13, 2022 01:12 PM (oTZbj)
Posted by: Maj. Healey at September 13, 2022 01:12 PM (A7urr)
Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:12 PM (u4CEu)
Rail striking over pay? I thought they were asking for more curves, tunnels, and scenic routes.
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:12 PM (24fqN)
Posted by: whig at September 13, 2022 01:03 PM (CXr4y)
_____________________
This is true but renting is more risky to LL today than it was prior to covid. Even back then, the LL-tenant laws heavily favored tenants, and it was always hard and expensive for a LL to get rid of a tenant even if the tenant was many months behind in rent. Don't ask me how I know. Now, it's even harder. LL have factored that increased risk into their rents.
Posted by: Elric Blade at September 13, 2022 01:13 PM (iFTx/)
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:13 PM (syPV9)
Posted by: JackStraw
THAT is true. It's a huge Achilles Heel.
Posted by: Archimedes at September 13, 2022 01:13 PM (ayzS/)
Posted by: garrett at September 13, 2022 01:13 PM (FExT/)
Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)
He and Sandra Fluke have to have speculums (specula?) recalibrated to measure in yards.
Posted by: J.J. Sefton at September 13, 2022 01:13 PM (x0n13)
Posted by: Lost In Space at September 13, 2022 01:13 PM (XzBgg)
*
I've been married for a long time. Those sound pretty darn good to me, too.
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:13 PM (syPV9)
Posted by: Archimedes at September 13, 2022 01:11 PM (ayzS/)
There is a surprise in your uterus.
Posted by: Dashboard warning light. at September 13, 2022 01:13 PM (ufFY8)
Posted by: Lost In Space at September 13, 2022 01:13 PM (XzBgg)
==========
Well, at least we have that...
Wait a second...
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:13 PM (LvTSG)
Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)
-----
"Can a constantly-plugged sphincter pucker?" -- Stuff Jefferson Said, Vol. 2
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:13 PM (GezPS)
Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:12 PM (u4CEu)
........
So today, we celebrate!
Posted by: wth at September 13, 2022 01:13 PM (v0R5T)
Posted by: Wally at September 13, 2022 01:13 PM (cnyQi)
Especially in a primary.
I'd love to see interviews with these people...who they are...and why they choose what they did.
Posted by: 18-1 at September 13, 2022 01:09 PM (ESjRY)
After pondering this for years, I have come to the conclusion that we no longer vote for "people", we vote for the organizations which those people represent. (which is why they are so interchangeable) This is the end game of the party system we've had for so long.
And to make it worse, a majority of people do NOT vote for an organization because they think they have better ideas or are "good for the country" - they vote for them because in some way or another, they profit from that groups hold on power. For example, the education establishment and everyone who is a part of it nationwide will vote massively for Dems in every election, because Dems are the ones who guarantee that the money and perks will keep flowing their way. There is nothing anyone on our side could do or say to convince them to vote differently, because we want to cut their money and power off.
Posted by: Tom Servo at September 13, 2022 01:14 PM (trdmm)
After the primary the FNM hammered him for some reason and then a "crazy guy" went to his house, murdered his daughter, and tried to assassinate him.
Now let's return to the question of "why don't serious people challenge these RINOs?"
Posted by: 18-1 at September 13, 2022 01:14 PM (ESjRY)
---
I can almost expect them to start that campaign tomorrow.
Posted by: Axeman at September 13, 2022 01:14 PM (krQz2)
Posted by: Javems at September 13, 2022 01:14 PM (aBv3r)
Posted by: InkMiser at September 13, 2022 01:10 PM[/i\
I'm sometimes chasened about that ...
Posted by: Pete B. at September 13, 2022 01:14 PM (a3Q+t)
Posted by: Kindltot at September 13, 2022 01:04 PM (xhaym)
---
Wait. So Ricardo is the idiot who thought up the "Labor Theory of Value"?
But then again, perhaps it still had a demand/scarcity-based element that Marx denied.
Even Locke denied that a "sweat equity" allowed one person to sweep up all the apples and let the ones he didn't eat rot in his cellar.
Posted by: Axeman at September 13, 2022 01:09 PM (krQz2)
There wasn't a strong theory of pricing at the time. Scarcity, utility and labor units were all proposed theories and all wrong in some ways with elements of truth in them. Supply and demand determines prices.
Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 01:15 PM (b2nrj)
I am truly baffled by this. How states will keep re-electing scumbags in the face of all proof that they are awful. Why? "He's got power!" Yeah, that's the damned problem.
Posted by: Christopher R Taylor
McConnell has been in long enough to dominate KY politics but his Achilles heel is his finances. Start investigating those and he is likely to retire for reasons of health.
Posted by: whig at September 13, 2022 01:15 PM (CXr4y)
Posted by: Archer at September 13, 2022 01:15 PM (gmo/4)
Mongo vs. Congo. Discuss!
Posted by: J.J. Sefton at September 13, 2022 01:15 PM (x0n13)
Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)
Shit, had not heard about it.... Fed board wanted to give them a 22% increase OVER 5 YEARS???
When we have over 10% real inflation per year NOW?
/facepalm
Posted by: Romeo13 at September 13, 2022 01:15 PM (oHd/0)
Posted by: REDACTED at September 13, 2022 01:15 PM (us2H3)
I think Mentholatum is a brand name, they came up with the idea first afaik, owner from Buffalo became philanthropist. Vicks came along later, Mentholatum got bought by some Japanese business.
Posted by: illiniwek at September 13, 2022 01:15 PM (Cus5s)
Posted by: Taqiyyologist, Rickrolled by Jesus at September 13, 2022 01:15 PM (M9XmQ)
==
Like the student loan forgiveness, the responsible taxpayers will make them whole. You know I'm right.
Now responsible taxpayer, they are fucked.... like in the student loan giveaway.
Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:15 PM (u4CEu)
FFS how does this guy keep getting re-elected?
Posted by: Maj. Healey at September 13, 2022 01:12 PM (A7urr)
The GOP-e owns a lot more of Houston than you might think.
Posted by: Tom Servo at September 13, 2022 01:16 PM (trdmm)
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:12 PM (24fqN)
-----
I'm envisioning the irony of a rail strike initiating the implosion of the economy and culture ... a twist on Atlas Shrugged.
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:16 PM (GezPS)
Rail strike?!
Now is the time for decisive action!
Somebody, quick - get me a pair of big ol' fake titties so I can man-milk my gay baby!
Posted by: Pete Buttzkrieg at September 13, 2022 01:16 PM (oINRc)
---
I can almost expect them to start that campaign tomorrow.
Posted by: Axeman at September 13, 2022 01:14 PM (krQz2)
And that, Jimmy, is how a democrat taking point is created.
Posted by: Archer at September 13, 2022 01:16 PM (gmo/4)
Posted by: 29Victor at September 13, 2022 01:17 PM (BJKQV)
It's a really tough spot for him. Does he do nothing, and so pander to what's left of his union base, thereby destroying the economy before the election, or does he jettison the union by somehow forcing them back to work, and really anger his union management buddies?
Posted by: Archimedes at September 13, 2022 01:17 PM (ayzS/)
Posted by: Tony at September 13, 2022 01:17 PM (a8qWE)
Posted by: 29Victor at September 13, 2022 01:17 PM (BJKQV)
Ex-pert = Genevieve Bujold.
Posted by: J.J. Sefton at September 13, 2022 01:17 PM (x0n13)
Posted by: Dr. Bone at September 13, 2022 01:18 PM (w2Z7l)
==
Like the student loan forgiveness, the responsible taxpayers will make them whole. You know I'm right.
Now responsible taxpayer, they are fucked.... like in the student loan giveaway.
Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:15 PM (u4CEu)
-----
"Your 401k, IRA, pension, and bank accounts must be confiscated and nationalized for the greater good ..."
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:18 PM (GezPS)
SS COLA for 2023 been announced yet? Last COLA was 5.5% IIRC.
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:18 PM (24fqN)
Posted by: Tom Servo
--------------------------
Somewhat. The end of party systems occurs when the elites get too greedy and an outsider like Hugo Chavez corrals all the voters that get a raw deal. Venezuela had a functional two party system where both parties looted the economy for decades funded by massive oil wealth. Chavez ended that so that the average Venezuelan is much poorer (and Chavez's daughter is a billionaire). Mexico has witnessed something similar with its leaders doing very well but the lower class in general suffering both crime and poverty.
Posted by: whig at September 13, 2022 01:18 PM (CXr4y)
OMG, that is hilarious.
Once again, Detroit area libtards representing...
Posted by: Deplorable Ian Galt at September 13, 2022 01:04 PM (ufFY
I drove tucks for a few years. You would not believe some of the things you see.
Posted by: Javems at September 13, 2022 01:19 PM (aBv3r)
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:19 PM (Zz0t1)
Bounding into Comics link:
https://tinyurl.com/2dyap4bz
Posted by: Taqiyyologist, Rickrolled by Jesus at September 13, 2022 01:15 PM (M9XmQ)
I didn't realize Minnie was into that.
Posted by: anchorbabe fashion cop at September 13, 2022 01:19 PM (ufFY8)
Posted by: Mary Poppins' Practically Perfect Piercing at September 13, 2022 12:46 PM
Yes, they love to blame it on greedy businesses price gouging and arbitrarily raising prices. Marxist economist Richard Wolff has numerous YouTube videos explaining how monetary supply and government spending have no impact on inflation, and it's entirely businesses raising prices from greed, instead of just ordering and selling more products at the same price to meet the increased demand. Bastards!
I have long since given up on trying to make people understand that:
1) Gas prices are in a large part caused by oil and gasoline price futures .... publicly traded commodities
2) Oil companies took advantage of the conditions and were gouging the hell out of people and making
all time record profits.
3) Every House Republicans voted to stop a bill to try to stop price gouging.
Posted by: Intrepid Democratic Underground AoS Liaison at September 13, 2022 01:19 PM (JCZqz)
Posted by: Erik In Texas at September 13, 2022 01:19 PM (z0DEK)
Posted by: anchorbabe fashion cop
"Dripping with excitement. " LOLOL
Posted by: Wyatt Earp at September 13, 2022 01:19 PM (d2bW3)
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)
Sorry to burst the enthusiasm, but the tugboat taking it out of mooring pulled it into the Navy ship so the tug captain was at fault, not to mention that it was not crewed by all girls. Sheesh.
Posted by: scruboak at September 13, 2022 01:19 PM (I+dwr)
I heard all but three majors had settled. The (required by law) cool down period ends Friday. But some shipments may already be stopped so that (for example) hazardous materials are not left sitting out in some yard during the strike. Probably same for perishables.
isk what percent of total rail the "three majors" are, but can't be good. Joe will offer them a trillion or something, Union bosses have him on the payroll.
Posted by: illiniwek at September 13, 2022 01:20 PM (Cus5s)
I didn't realize Minnie was into that.
Posted by: anchorbabe fashion cop at September 13, 2022 01:19 PM (ufFY8 )
Minnie Mouse and the Grand Bukkake Party
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:20 PM (Zz0t1)
Posted by: ShainS
---------------
Might happen in a reserve currency failure for the US dollar otherwise too risky as too many of the upper class elites who are supporting the left would be alienated. Read up on Machiavelli--people forgive the murder of their parents readily compared with a loss of money.
Posted by: whig at September 13, 2022 01:20 PM (CXr4y)
A disconnect as big as the Grand Canyon.
Posted by: Ziba at September 13, 2022 01:20 PM (4h9M3)
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:20 PM (24fqN)
Posted by: Erik In Texas at September 13, 2022 01:19 PM (z0DEK)
His saying that was meant to insult us. I hate him.
Posted by: Miss Issippi at September 13, 2022 01:20 PM (sI15f)
Posted by: Erik In Texas at September 13, 2022 01:19 PM (z0DEK)
The Folks Gee Mineshaft. He gets the mine. Folks get the shaft. (can you dig it?)
Posted by: J.J. Sefton at September 13, 2022 01:21 PM (x0n13)
But, that is inherently not true. What gives the dollar the "value" of $1 is not the amount of labor it takes to produce it, but that it's the demand for $1 bills is according to the scarcity of $1 bills.
Ricardo and Smith and other classical proponents of LTV were comparing goods where a certain amount of capital could be understood to already be expended.
So Marx introduced the stupidity portion of it.
Posted by: Axeman at September 13, 2022 01:21 PM (krQz2)
Rebelling just once (Trump) in primaries and generals is not going to make much difference.
Posted by: rhomboid at September 13, 2022 01:21 PM (OTzUX)
Posted by: InZona (formerly InCali) at September 13, 2022 01:21 PM (ep37o)
Posted by: illiniwek
---------------
Warren Buffet though is on the other side along with some other financial supporters of the Dems. The trillion would come out of their pockets. Don't see Buffet going for that.
Posted by: whig at September 13, 2022 01:21 PM (CXr4y)
Bounding into Comics link:
https://tinyurl.com/2dyap4bz
Introducing the new Bukkake exhibit?
Posted by: Maj. Healey at September 13, 2022 01:22 PM (A7urr)
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:22 PM (Zz0t1)
"Inflation hotter than (experts) expected at 8.3% from year ago"
Should have read
"Inflation hotter than ("experts") expected at 8.3% from year ago"
Posted by: Roland F Hirsch at September 13, 2022 01:22 PM (oMkPq)
don't let facts get in the way of a good narrative ... the MSM has taught journalists that.
Posted by: illiniwek at September 13, 2022 01:22 PM (Cus5s)
Posted by: Haywood at September 13, 2022 01:22 PM (/xLeD)
A disconnect as big as the Grand Canyon.
Posted by: Ziba at September 13, 2022 01:20 PM (4h9M3)
---
The press is the base of the bubble.
Posted by: Axeman at September 13, 2022 01:23 PM (krQz2)
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:20 PM (Zz0t1)
She's turning Japanese I really think so.
Posted by: The Vapors at September 13, 2022 01:23 PM (ufFY8)
The Folks Gee Mineshaft. He gets the mine. Folks get the shaft. (can you dig it?)
Posted by: J.J. Sefton at September 13, 2022 01:21 PM (x0n13)
You asked for it......
https://youtu.be/eV67FuREdSc
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:23 PM (Zz0t1)
Posted by: Kindltot at September 13, 2022 12:57 PM (xhaym)
$2 bill makes a comeback?
Posted by: BignJames at September 13, 2022 01:23 PM (AwYPR)
~~~~~
No idea why. It's merely a GIF of two people jumping for joy and popping some champagne.
Posted by: IrishEi at September 13, 2022 01:23 PM (3ImbR)
Posted by: Mad Joe, plotting how to sniff the hair of every British Princess next week! at September 13, 2022 01:23 PM (AMIL/)
But, that is inherently not true. What gives the dollar the "value" of $1 is not the amount of labor it takes to produce it, but that it's the demand for $1 bills is according to the scarcity of $1 bills.
Ricardo and Smith and other classical proponents of LTV were comparing goods where a certain amount of capital could be understood to already be expended.
So Marx introduced the stupidity portion of it.
Posted by: Axeman at September 13, 2022 01:21 PM (krQz2)
Marx did "assume the factory" and took profit to be sort of a leak in the system. The basic idea that a lot of economics is exchanging labor and therefore how much labor is involved in procuring a thing does affect its price isn't off-base, it's just not all there is. Much like how useful a thing is isn't the sole determinant of price (say water vs diamonds).
Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 01:23 PM (b2nrj)
Posted by: InkMiser
It'll cost my company millions and total fuck the supply chain.
Posted by: rickb223 at September 13, 2022 01:23 PM (5kCce)
Posted by: rd at September 13, 2022 01:24 PM (Z32m1)
Posted by: Kindltot at September 13, 2022 12:57 PM (xhaym)
$2 bill makes a comeback?
Posted by: BignJames
$500 & $1000.
Posted by: rickb223 at September 13, 2022 01:24 PM (5kCce)
Yes, I was disappointed after that clickbait 'warning.'
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:24 PM (24fqN)
What a vicious old idiot.
Posted by: Zek at September 13, 2022 01:24 PM (OzNIz)
>>Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.
So it looks like they have adopted the Lufthansa Co-Pilot method for societal advancement and thriving.
Posted by: Thomas Bender at September 13, 2022 01:25 PM (etnWI)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 01:25 PM (t3/qz)
Posted by: Maj. Healey at September 13, 2022 01:25 PM (A7urr)
Now responsible taxpayer, they are fucked.... like in the student loan giveaway.
Posted by: Jukin
---------------------
Nope, for the most part, both Dems and Republicans now rely on borrowing rather than direct taxation. Same effect, less political opposition. Expect inflation to continue as they deflate the national debt away resulting in real losses in income. Start buying the best of durable goods right now as you may be stuck with them a long time.
Posted by: whig at September 13, 2022 01:25 PM (CXr4y)
Posted by: Axeman at September 13, 2022 01:25 PM (krQz2)
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 01:25 PM (t3/qz)
Oh, grow up, you useless twat.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:26 PM (Zz0t1)
good point, I was thinking in terms of the coming election, so the "trillion" would be a government grant out of Biden's stash.
But yeah, they seem to like crashing the economy and keeping the peasanty down, so Buffet's bottom line probably matters more.
Posted by: illiniwek at September 13, 2022 01:26 PM (Cus5s)
A leader of my church referred to abortion as a social good aka it shouldn't be fought.
The stupidest people in my state ("Michiganders" who, like female geese, are noisy and crap on everything) are rigging the election system to be permanently in their favor.
The state-approved training to help my workplace with retaining students is heavy on "restorative justice" and "equity."
Posted by: NaughtyPine at September 13, 2022 01:26 PM (fxCK2)
Posted by: Sock Monkey * Ungovernable at September 13, 2022 01:26 PM (jGuoF)
Posted by: Lost In Space at September 13, 2022 01:27 PM (/qNGG)
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:20 PM (24fqN)
~~~~~
Blind man in Cali saw that coming. That's what the Covid culling was about.
Posted by: IrishEi at September 13, 2022 01:27 PM (3ImbR)
How the regime responds to this strike will be interesting.
Posted by: Yudhishthira's Dice at September 13, 2022 01:27 PM (oINRc)
Posted by: Axeman at September 13, 2022 01:28 PM (krQz2)
Posted by: gp Declines 2024 Nomination at September 13, 2022
***
But it doesn't go into effect until the first adjustment of the year, like February, right?
Posted by: Wolfus Aurelius at September 13, 2022 01:28 PM (J2vNu)
Posted by: Yudhishthira's Dice at September 13, 2022 01:27 PM (oINRc)
TRUMP!!!! PUTIN!!!!!! TRUMP AND PUTIN!!!!!
PUTIN PUPPET AND PUTIN!!!!!
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:28 PM (Zz0t1)
Posted by: whig at September 13, 2022 01:20 PM (CXr4y)
Fed Reserve balance sheet if over $8.4 TRILLION, most of it in US Gov Debt, but over 2 Trillion in those toxic mortgage backed securities that supposedly caused the 2008 crash, and we were TOLD were going to be 'unwound'. Note, those are recent (last couple of years) purchases.
So they own 8.4 Trillion of a 23 Trillion dollar economy (US GDP).
9.32 Trillion spent on all levels of Government.... so 40% of total GDP is now government spending.
Don't see how this continues.
Posted by: Romeo13 at September 13, 2022 01:28 PM (oHd/0)
Posted by: whig at September 13, 2022 01:18 PM (CXr4y)
The elites just do better and better in a system like that, because the are always able to ingratiate themselves into the new order. Venezuela and Mexico are both good examples of how democracies quite easily break down into criminal thugocracies. Neither of those countries has any actual governing philosophy or ethos anymore, other than steal as much as possible for as long as possible and live like kings. And shoot any of the peons who object. Living in those systems is probably even worse than living in 12th century Europe.
Posted by: Tom Servo at September 13, 2022 01:28 PM (trdmm)
If it makes you feel any better, guys with a pile of gold are seeing that too. Gold an inflation hedge? Nah bro.
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:29 PM (24fqN)
>It needs to function like a powerpoint presentation. Maybe add in a flamethrower.
Posted by: Dr. Bone at September 13, 2022 01:29 PM (w2Z7l)
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:56 PM (t0OGg)
You buy a dishwashing machine and convert the wages to capital expense.
Posted by: Inogame, non alius regit at September 13, 2022 01:29 PM (53oGX)
Posted by: Farmer Bob at September 13, 2022 01:29 PM (xDian)
Posted by: Wolfus Aurelius at September 13, 2022 01:28 PM (J2vNu)
Yup, COLA is ALWAYS a year behind... by design.
Posted by: Romeo13 at September 13, 2022 01:29 PM (oHd/0)
They are REALLY pushing the abortion issue here in MI, demonizing Tudor Dixon in ads.
There is one commercial that is just texting, with creepy sound effects. Gives me shivers hearing it, and then enraged me.
Posted by: Deplorable Ian Galt at September 13, 2022 01:29 PM (ufFY8)
Everyone else will take it in the shorts.
Posted by: blaster at September 13, 2022 01:29 PM (6TxNR)
Posted by: FenelonSpoke at September 13, 2022 01:29 PM (vH/6k)
A leader of my church referred to abortion as a social good aka it shouldn't be fought.
-------
LOL - liquidating undesirables is the Christian thing to do, right?
This country is truly a magical place.
Posted by: Yudhishthira's Dice at September 13, 2022 01:29 PM (oINRc)
Posted by: Elric Blade
-----------------------
True. I was not using discrimination in a pejorative manner but rather descriptive. Certain renters are net losses and best avoided but government housing laws makes it a game for landlords to maximize revenue while minimizing losses--so credit checks, criminal background, price, rules, etc. are used as proxies for tenant risk.
Posted by: whig at September 13, 2022 01:29 PM (CXr4y)
Buttplug better get it fixed or the dottering old fool is going to get a Silver Alert.
Posted by: torabora at September 13, 2022 01:29 PM (t4vVN)
Posted by: FenelonSpoke
Collective bargaining. More money.
Posted by: rickb223 at September 13, 2022 01:30 PM (5kCce)
Well, Susan Rice called the lid. Joe's eating pudding in the basement.
Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:30 PM (OYhYW)
Though of course for the record economists tend to freak out about deflation.
Posted by: 18-1 at September 13, 2022 12:48 PM (ESjRY)
That is because the mythology is that deflation is what caused and maintained the great depression.
And not a devaluation of the currency, economic manipulation in a vain attempt to keep the investments from clearing out in bankruptcy sales, and serious meddling in basic commodities and sales
Posted by: Kindltot at September 13, 2022 01:30 PM (xhaym)
Posted by: Sock Monkey * Ungovernable at September 13, 2022 01:30 PM (jGuoF)
Posted by: Axeman at September 13, 2022 01:25 PM
You owe me a new monitor.
Posted by: RedMindBlueState at September 13, 2022 01:31 PM (4p7Em)
https://tinyurl.com/3vsdswad
Posted by: Lost In Space at September 13, 2022 01:31 PM (/qNGG)
A priest telling people to murder the innocent from his pulpit is so 2022, I just can't even.
Posted by: Yudhishthira's Dice at September 13, 2022 01:31 PM (oINRc)
Posted by: John Podesta at September 13, 2022 01:31 PM (k0+bJ)
Posted by: Inogame
Someone has to load & unload it.
Posted by: rickb223 at September 13, 2022 01:31 PM (5kCce)
https://tinyurl.com/3vsdswad
Posted by: Lost In Space at September 13, 2022 01:31 PM (/qNGG)
Blasphemy. It's what's for dinner.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:31 PM (Zz0t1)
Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 12:51 PM (u4CEu)
the new WH policy is MECHA
Make Evething Chinese Again
Posted by: Kindltot at September 13, 2022 01:32 PM (xhaym)
Posted by: Ziba at September 13, 2022 01:32 PM (4h9M3)
Gas is going up in price in my neck of the woods.
Posted by: YIKES! at September 13, 2022 01:32 PM (t6XCL)
Posted by: FenelonSpoke
Collective bargaining. More money.
Posted by: rickb223 at September 13, 2022 01:30 PM (5kCce)
Wages not close to keeping up with inflation... also some working condition stuff, like they get no sick days.
They were offered a 22% Raise over FIVE YEARS.. which would only keep up with inflation if Trump were back as President.
Posted by: Romeo13 at September 13, 2022 01:32 PM (oHd/0)
Everyone else will take it in the shorts.
Posted by: blaster at September 13, 2022 01:29 PM (6TxNR)
I agree that this might be the plan. The flaw - economies, and nations, do not survive events like that. They fall, and something else takes their place.
Posted by: Tom Servo at September 13, 2022 01:32 PM (trdmm)
Posted by: Ziba at September 13, 2022 01:32 PM (4h9M3)
Lorenz is 40 years older than her.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:32 PM (Zz0t1)
Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:33 PM (OYhYW)
That's where the value of the dollar is decreasing, while the First Lady is simultaneously a hoo-er.
Posted by: Warai-otoko at September 13, 2022 01:33 PM (6FeV1)
Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 01:23 PM (b2nrj)
++++
It utterly fails to take in the other half of the equation: capital. *Everything* is made out of labor *and* capital. Everything. They are the two fundamental inputs. Some things like railroads are capital-intensive and other things like computer programming are labor-intensive, but there will always be both and the mix can always be adjusted, at least a little bit.
It's one of the reasons why synthetically low interest rates are bad for wages - it puts an artificial capital preference into that mix.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:33 PM (t0OGg)
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:20 PM (24fqN)
~~~~~
Blind man in Cali saw that coming. That's what the Covid culling was about.
Posted by: IrishEi at September 13, 2022 01:27 PM (3ImbR)
Yeah, but the hole still gets bigger when every EBIT card account the umpteen million illegals are given gets that same 10% inflation bump.
Posted by: Gref at September 13, 2022 01:33 PM (AMIL/)
They want more covered bridges, and third rails installed nationwide, 'just in case.' They were going to hold out for rubber ties, but leadership tamped that one down.
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:33 PM (24fqN)
They were offered a 22% Raise over FIVE YEARS.. which would only keep up with inflation if Trump were back as President.
Posted by: Romeo13 at September 13, 2022 01:32 PM (oHd/0)
Poor babies. Manage your own damn money like the REST of us have to do. 22% Yeah, I'd party if that were the case.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:34 PM (Zz0t1)
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at September 13, 2022 01:34 PM (lz5hY)
Posted by: Cheri at September 13, 2022 01:34 PM (oiNtH)
Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:34 PM (OYhYW)
Posted by: gp Declines 2024 Nomination
Ammo, airline bottles of booze and cigarettes.
Posted by: Sock Monkey * Ungovernable at September 13, 2022 01:34 PM (jGuoF)
Posted by: Lars Pilsen at September 13, 2022 01:35 PM (kJH1Z)
Nice Bod Brooke is wearing some dowdy ugly thing, and Steffy is showing some leg.
Big Tit Donna is MIA so far.
Posted by: anchorbabe fashion cop at September 13, 2022 01:35 PM (ufFY8)
No matter what happens, they happily wind up with something nasty on their faces, completely unaware that the cameras are rolling and that the internet is forever.
Congrats, SpongeBrain ShitPants!
Posted by: Sharkman at September 13, 2022 01:35 PM (wzcY/)
*
Taxation is purely a punitive tool these days.
See also: 87,000 new IRS agents
Posted by: Moron Robbie - America First, America Always, China can kiss our Durham, NC at September 13, 2022 01:35 PM (Zjer5)
There is one commercial that is just texting, with creepy sound effects. Gives me shivers hearing it, and then enraged me.
Posted by: Deplorable Ian Galt
-----------------------------
Political strategists are part of the elite and what makes sense to them is negative ads against what they dislike. The risk is that their voters (maybe not the fake voters in Detroit) do not show up because of worry about finances/gas prices/heating costs/etc. Abortion only appeals to a small segment of the population but to a large portion of the elites both Dem and Rep. Both want never have renounced eugenics and a lot of it is concern that their daughters get impregnated by 'inferiors' or inconveniently as a teen that will 'ruin' her life. Other classes simply roll with the punch. The truly wealthy do not care as they spawn kids left and right with mistresses, the truly poor do not care as government pays, and the middle class often just shuts up and deals with it--often with parents raising the newest additions to the family as grandparents.
Posted by: whig at September 13, 2022 01:35 PM (CXr4y)
yeah, well, panda express tried to sell me beyond orange chicken the other night. had i not had my wits about me, i might have wound up with some.
stay safe out there!
Posted by: kulak anachronda at September 13, 2022 01:35 PM (sGtp+)
Posted by: Inogame
Someone has to load & unload it.
Posted by: rickb223 at September 13, 2022 01:31 PM (5kCce)
While that is true by automating a segment of the kitchen it will likely become part of another job.
This is reality, the bussers or wait staff will fill the washing trays and slide and push the button...
Posted by: Inogame, non alius regit at September 13, 2022 01:36 PM (53oGX)
------------------------
The once when Ontario's leftist NDP party managed to squeak out a majority in the provincial legislature, they tried to tax RRSPs [our IRAs] and their own trade unions turned on them because members had been maxing out contributions every year. The government dropped the idea pretty quickly.
Posted by: andycanuck (yikp0) at September 13, 2022 01:36 PM (yikp0)
Everyone else will take it in the shorts.
Posted by: blaster at September 13, 2022 01:29 PM (6TxNR)
I agree that this might be the plan. The flaw - economies, and nations, do not survive events like that. They fall, and something else takes their place.
Posted by: Tom Servo at September 13, 2022 01:32 PM (trdmm)
I'm ready!
*hic*
*shart*
Posted by: Hilary! at September 13, 2022 01:36 PM (llON8)
Posted by: bill in arkansas
At least the Whataburger Breakfast Burger meal is $7.57.
Burger, egg, bacon, cheese & hash brown sticks on a bun, hash browns & drink.
Posted by: rickb223 at September 13, 2022 01:36 PM (5kCce)
**
I'm not saying this jokingly:
That's what inflation is for. It's a tax without any required legislation.
Posted by: Moron Robbie - America First, America Always, China can kiss our Durham, NC at September 13, 2022 01:37 PM (Zjer5)
Obey the will of the people, you terrorists.
Posted by: Derek Chauvin's Prison Romance at September 13, 2022 01:37 PM (6AOYe)
Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:37 PM (OYhYW)
Posted by: Tom Servo at September 13, 2022 01:37 PM (trdmm)
Buttgig on train strike: I didn't build that.
Posted by: Ziba at September 13, 2022 01:37 PM (4h9M3)
Posted by: Deplorable Ian Galt at September 13, 2022 01:37 PM (ufFY8)
"Dow Jones Plunges 845 Points"
You lying dogface pony soldier!!
The Dow Jones is at 837!
Proof that America is back!
Posted by: Joe Biden at September 13, 2022 01:37 PM (t6XCL)
Posted by: YIKES! at September 13, 2022 01:32 PM (t6XCL)
CA? Yes it is. Must be that sweet autumn blend.
Posted by: Grudge Harbor at September 13, 2022 01:37 PM (wBpKf)
Posted by: Joe Biden at September 13, 2022 01:38 PM (Zz0t1)
Posted by: SMH at September 13, 2022 01:38 PM (tizKA)
stay safe out there!
Posted by: kulak anachronda at September 13, 2022 01:35 PM (sGtp+)
-----
WTAF? I occasionally stop and get that very meal (via drive-thru). How did you discover that -- or did they disclose it in some manner?
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:38 PM (GezPS)
Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:37 PM (OYhYW)
Our models predicted that he would make it to 3:00 PM.
Posted by: Warai-otoko at September 13, 2022 01:38 PM (6FeV1)
Posted by: Ziba at September 13, 2022 01:32 PM (4h9M3)
Lorenz is 40 years older than her.
Posted by: Sponge - F*ck Joe Biden
The latter is a definite spiritual N-Tower tho.
Posted by: John Podesta at September 13, 2022 01:38 PM (k0+bJ)
Posted by: That NLurker guy at September 13, 2022 01:38 PM (eGTCV)
Here in Fairfax Co., the heart of NoVa, a substitute teacher makes $17 / hour. So we could just go down to the local burger joint and staff up.
Posted by: Archimedes at September 13, 2022 12:49 PM (ayzS/)
Swapping the staffs would improve the schools and destroy the burger joint.
Posted by: Oldcat at September 13, 2022 01:38 PM (eoQWY)
Gee, were there any pediatric patients there, you know, to make it extra super funny?
Posted by: Cheri at September 13, 2022 01:38 PM (oiNtH)
https://tinyurl.com/y3jp8249
Way to read the room!
Posted by: rd at September 13, 2022 01:39 PM (Z32m1)
It's one of the reasons why synthetically low interest rates are bad for wages - it puts an artificial capital preference into that mix.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:33 PM (t0OGg)
---
Marx is worse than that. His denial that demand plays any role, except "somewhere", means that you should pay me for my labor if I come and dig up your lawn, whether or not you were interested in it.
The comparative labor value is not the same thing as the total value of a service or good. Which is why I accept the classic LTV, but not Marx's uncritical extensions of it.
"Man! I'm extending a lot of energy as I keep slapping you, how much you going to pay me for my labor?"
You can't change a rough, useful comparative into an absolute.
Posted by: Axeman at September 13, 2022 01:39 PM (krQz2)
Posted by: That NLurker guy at September 13, 2022 01:38 PM (eGTCV)
He doesn't even remember what he said.
Posted by: BignJames at September 13, 2022 01:41 PM (AwYPR)
stay safe out there!
Posted by: kulak anachronda at September 13, 2022 01:35 PM (sGtp+)
-----
UPDATE: Did a quick search and they DO call it "Beyond" -- so I'll keep an eye out. I don't think my local one has it ... yet.
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:41 PM (GezPS)
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at September 13, 2022 01:41 PM (lz5hY)
Posted by: bill in arkansas
Not only have the Dominos chicken wings gone down to 6 pieces, but they have found the smallest bunch of chickens I've ever seen. Soon they will be hunting robins and chickadees.
Posted by: Oldcat at September 13, 2022 01:41 PM (eoQWY)
Posted by: Inogame, non alius regit at September 13, 2022 01:41 PM (53oGX)
Posted by: Axeman at September 13, 2022 01:39 PM (krQz2)
++++
Especially when that absolute is also a goal. "More labor == more value" is not correct. Some stuff needs more labor, and that labor must be paid for, but labor is not the value end in and of itself, or in isolation. Marxist LTV is particularly insane.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:41 PM (t0OGg)
The peanut oil my wife and I like for stir frying has, in the last 4-5 months, gone from $8 per bottle to $12.
Posted by: Additional Blond Agent, STEM Guy at September 13, 2022 01:41 PM (ZSK0i)
Posted by: Tom Servo at September 13, 2022 01:37 PM (trdmm)
I believe it is coming. Amtrak announced this am that they are cancelling all long distance trips starting today.
Posted by: Jen the original at September 13, 2022 01:42 PM (9BmVP)
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at September 13, 2022 01:41 PM (lz5hY)
The mushroom swiss is usually a limited time offer. Might not be on the menu currently. It isn't in North Texas at the moment.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:42 PM (Zz0t1)
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at September 13, 2022 01:34 PM (lz5hY)
It was 2 For $5 before the Chinese Coronavirus, and before "Joe Fixed the Economy!"
Posted by: rd at September 13, 2022 01:43 PM (Z32m1)
Much more tasteful if he had told a healthy about-to-jump man "cheer up you might have cancer".
Posted by: BourbonChicken at September 13, 2022 01:43 PM (44ww/)
This is reality, the bussers or wait staff will fill the washing trays and slide and push the button...
Posted by: Inogame, non alius regit at September 13, 2022 01:36 PM (53oGX)
No, there will always be a dishwasher. He gets too wet and messy and burned to go out to the floor in public once things start rocking in the dishroom.
Posted by: Oldcat at September 13, 2022 01:43 PM (eoQWY)
https://tinyurl.com/y3jp8249
Way to read the room!
Posted by: rd
-------------------------
Won't matter much. Abortion debate has congealed over the years and a proposed bill subject to filibuster death does not get much attention outside of elites who already overwhelmingly favor it.
Posted by: whig at September 13, 2022 01:43 PM (CXr4y)
Hence, the freakish outcome.
Posted by: Ziba at September 13, 2022 01:44 PM (4h9M3)
Posted by: Archimedes at September 13, 2022 12:49 PM (ayzS/)
Minimum is $18.50 an hour - but if its more than 11 days goes up to $24.86.
Posted by: blaster at September 13, 2022 01:44 PM (6TxNR)
Posted by: Iris at September 13, 2022 01:45 PM (NaH5I)
*
Things Lindsay Graham has never, ever needed to worry about for $1000.
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:45 PM (syPV9)
The comparative labor value is not the same thing as the total value of a service or good. Which is why I accept the classic LTV, but not Marx's uncritical extensions of it.
"Man! I'm extending a lot of energy as I keep slapping you, how much you going to pay me for my labor?"
You can't change a rough, useful comparative into an absolute.
Posted by: Axeman
-----------------------
Robert Heinlein has a funny teacher-student interaction in Starship Troopers over the LTV.
Posted by: whig at September 13, 2022 01:45 PM (CXr4y)
Posted by: turnout man at September 13, 2022 01:58 PM (wx6iv)
Posted by: Axeman at September 13, 2022 01:09 PM (krQz2)
Well, Locke is not right, should someone pick up an unclaimed apple or have right to claim it by owning the tree or the rights, then he can let them all rot. To claim others have right to property because of some sort of demand on justice means there is no property at all, since in a scarcity economy (both Locke's and ours) there is a greater need than supply, and any group that claims the right to redistribute that property according to the need has supreme power, like a federal regulating agency or GOSPLAN in the USSR
Further, it would destroy any pricing signal, so no one knows what the value of an apple is, and there is no reason to put them in the cellar in the first place since there is no way to determine what the actual value is and no way to determine if it is worth the storage space.
Posted by: Kindltot at September 13, 2022 02:00 PM (xhaym)
Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)
Prolapse is a bitch
Posted by: Kindltot at September 13, 2022 02:01 PM (xhaym)
Posted by: It's me donna
--------
Pretty soon you're talking about real money.
Posted by: Braenyard's phone at September 13, 2022 02:13 PM (jd+Ya)
Posted by: SOMEASSHOLESTOLEMYPEN at September 13, 2022 02:13 PM (ytSiK)
Now they are advertising $1.39.
Posted by: MikeN at September 13, 2022 02:16 PM (HVIzT)
Posted by: Joe kidtoucher at September 13, 2022 02:33 PM (W+TLY)
Posted by: Kindltot at September 13, 2022 02:00 PM (xhaym)
---
I have to disagree. "Equity" is a community's reckoning. Locke was writing about the process by which society would attribute private property. So equity was quite on target.
One of the reasons why we have a personal property standard at all is that Locke risked his life writing against the King's compensated "experts" such as Richard Framer who argued that everything--and everybody--essentially belonged to the King.
Locke's is definitely one of the giants on whose shoulders we stand.
Posted by: Axeman at September 13, 2022 02:47 PM (krQz2)
Posted by: Brando
A long time ago - but they really picked up steam when the government murdered JFK and completed Johnson's coup d' etat. It slowed down and temporarily reversed under 8 years of Reagan. We didn't begin to notice how bad it was getting until it hit the accelerator under Clinton, We lost a good bit of our Constitutional rights under George W and we passed the point of return when they annointed Barry Sotoro.
Posted by: Justasheep at September 13, 2022 03:19 PM (8GJtx)
Posted by: Mr. Barky at September 13, 2022 04:09 PM (D50EB)
Posted by: Sarah at September 13, 2022 04:12 PM (9dr+x)
Perhaps the "Inflation Reduction Act" was about reducing the inflation of stock prices??
Posted by: Roland F Hirsch at September 13, 2022 04:23 PM (oMkPq)
Posted by: Ju at September 13, 2022 05:16 PM (aTmM/)
Posted by: Tamaa the Drongo Bird at September 13, 2022 06:06 PM (wGqjj)
Posted by: Obama's boyfriend at September 13, 2022 10:57 PM (EcD5Y)
That is what I do.. www.Profit97.com
Posted by: Sarah at September 14, 2022 08:07 AM (LFLc+)
I am coming back to your blog for moгe sߋon.
Posted by: killebrew at September 16, 2022 01:04 PM (kL1sE)
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