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Leftwing Propaganda Media All-In On Pushing White House Talking Point That We're Living in a Miracle Economy and We're All Ingrates for Not Kissing Biden's Feet

Even the BBC acknowledges that wages have fallen under Biden.

Salaries for new roles are stagnating -- and in some cases, falling. Some employers may be looking to cut costs, but the lack of wage growth may be a matter of post-pandemic correction.

The mass US layoffs of the past few years are continuing. In 2024 alone, thousands of workers across many sectors, including media and technology, have lost their jobs and are on the hunt for new ones. But some are finding an unwelcome surprise as they scan listings for open roles. A salary bump is all but impossible; in many cases, wages seem lower than their previous pay -- even for the same jobs.

They aren't imagining things. A 2023 report on pay trends from ZipRecruiter showed 48% of 2,000 US companies surveyed lowered pay for certain roles.

But, say experts, companies aren't necessarily just seizing a moment in a tight job market to reduce costs.

What? Employers cannot take advantage of a tight job market to lower salaries. In a tight job market, workers have the leverage. There are too few workers for the jobs available, so their bargaining power is higher.

It makes no sense that "companies are seizing on a tight job market to reduce salaries."

This strongly suggests the job market is not, in fact, "tight" at all.

In some cases, stagnant and even lowered salaries are the result of an overdue reset for a pandemic era surge in compensation when companies were scrambling to fill roles during the Great Resignation.

The tightening labour market has left US workers with fewer options than just years earlier.

Again, a tight market gives workers more options. They're in-demand. They have their choice of suitors.

This is evidence that the unemployment figures are false.

Beginning 2020, employers boosted salaries to new heights to attract talent to a deluge of open roles. But amid an uncertain economy, employers have pulled back from new hires and cut jobs.

"There is now less competition to hire workers -- and therefore less need to boost wages," says Nick Bunker, US-based director of North American Economic Research at Indeed. "Job postings have dropped quite a bit, while the supply of workers has grown."

It's one of those "tight job markets" where there is less competition to hire workers.

The article attempts to explain this bizarrely inverted situation of a "tight job market" in which workers nevertheless have no bargaining power, fewer options, and must accept lower salaries. They say that after the reopening of the Regime-shuttered economy, wages grew in that first year by 9.3%, but now employers are clawing back those wage increases.

Anyway you slice it -- since 2022, wages have been falling, not rising, and falling in the face of record inflation to boot.

But the White House and its Gaslight Media allies are determined to tell you you've never had it better.

I mean -- Look at the graph! It goes up!!!


Chris Hayes knows that real wages are not equal to GDP, right?

whydopeoplenotbelieveourspin.jpg

Congressman Byron Donalds
@RepDonaldsPress

The REALITY of Bidenomics:

Overall prices UP 17.9%
Food costs UP 25%
Gas prices UP 40%
Credit card debt UP 46%
Home sales DOWN 26%
Real wages DOWN 2%

Americans are paying $1K more per year since Biden became president.

Bidemonics has caused a cost-of-living CRISIS.

But- but -- Chris Hayes as a graph!!!!


Chris Hayes was ridiculed for his brazenly gaslighting Regime propaganda.

Someone joked that Biden was forced to say the name "Lincoln Riley."

Chris Hayes apparently doesn't realize that this was mocking Joe Biden for never having heard his murder victim's real name -- and accused the guy mocking him of having not bothered to google the name.

Which is actually the Joe Biden sin being referenced.

Chuck Ross
@ChuckRossDC

How embarrassing for @chrislhayes. He doesn't realize he's actually dunking on Joe Biden for referring to Laken Riley as "Lincoln" during the State of the Union. Shows you the bubble these liberal journos live in.

But... but the graph!

Speaking of the State of Dementia Speech:

Biden lost ground since the speech.

om Bevan
@TomBevanRCP

4 new head-to-head national polls in last 48 hours push Trump's lead in RCP Avg to 2.4%.

I think the lead had been a single point.

realclearpostsotupoll.jpg

RealClearPolitics moving average here.


Posted by: Disinformation Expert Ace at 04:30 PM




Comments

(Jump to bottom of comments)

1 Yeet!

Posted by: nurse ratched at March 13, 2024 04:29 PM (hUZEZ)

2 last

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:30 PM (GBKbO)

3 Hey ace!
I'll just keep yeeting shit at the fan and see what sticks.

Posted by: nurse ratched at March 13, 2024 04:30 PM (hUZEZ)

4 What? Employers cannot take advantage of a tight job market to lower salaries. In a tight job market, workers have the leverage. There are too few workers for the jobs available, so their bargaining power is higher.

It makes no sense that "companies are seizing on a tight job market to reduce salaries."

This strongly suggests the job market is not, in fact, "tight" at all.

=======

Supply and demand curves are racist.

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:30 PM (GBKbO)

5 so, making less AND everything costs more for less.

Yay!

Posted by: Aetius451AD at March 13, 2024 04:30 PM (di6C2)

6 2 minutes too long at my snooze to be first -- just like Joe Biden!

Posted by: andycanuck (2yu8s) at March 13, 2024 04:31 PM (2yu8s)

7 Thank you Ace

Posted by: Village Idiot's Apprentice at March 13, 2024 04:32 PM (a1415)

8 People: Cost of living has outstripped are wages by a lot these last few years and we're struggling to make ends meet.

Biden sycophants: DID YOU SEE THIS CHART WHICH TOTALLY DISPROVES YOUR REALITY? SEE HOW IT GOES UP?

People: I feel so much better now. Thank you so much.

=========

This is why I'm dismissive of attempts at messaging. Taking a bad economy with lots of personal experience from the people about how things are just harder in general and trying to spin it as good will only have the opposite intended effect.

It makes people less likely to be influenced by propaganda.

Remember, no one believed Pravda.

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:32 PM (GBKbO)

9 Even those EBT cards don't buy as much at the party store than they did a few years ago.

Posted by: Roy at March 13, 2024 04:32 PM (z+ik4)

10 Chris Hayes apparently doesn't realize that this was mocking Joe Biden for never having heard his murder victim's real name -- and accused the guy mocking him of having not bothered to google the name.

=======

And Obama wore a tan suit!

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:33 PM (GBKbO)

11 Inversion is where it's at, man.

Posted by: pawn at March 13, 2024 04:33 PM (QB+5g)

12 As tight as I am, jack!

Posted by: sandra fluke at March 13, 2024 04:33 PM (2yu8s)

13 Not kiss his feet, but lick the peanut butter from his toes.

Posted by: wcgreen at March 13, 2024 04:33 PM (d1+gb)

14 Tighter than Corn Pop's bathing cap

Posted by: ballistic at March 13, 2024 04:34 PM (oqH4h)

15 Real Inflation: 10% or more

Gubmint salary increases: 5%

Claimed Inflation rate: 3%

Non-gubmint salary increases: Hey you got a job don't you? What more do you want?!?

Posted by: 18-1 at March 13, 2024 04:34 PM (ibTVg)

16 Tom Bevan
@TomBevanRCP
4 new head-to-head national polls in last 48 hours push Trump's lead in RCP Avg to 2.4%.

========

You know, a decently honest election the people could believe in, followed by the administrative state deciding to obey the will of the people, could be really healthy for America right now.

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:34 PM (GBKbO)

17 Prices aren't the only thing going up. Hayes' weight clearly is as well.

Posted by: Archimedes at March 13, 2024 04:34 PM (CsUN+)

18 Nood inflation > inflatable scrotum guy
Hello Zombie, wherever you are.

Posted by: Ben Had at March 13, 2024 04:34 PM (/wZ+H)

19 To this day at the grocery store I see normies pick up cuts of beef, look at the price, and put them back...

Posted by: 18-1 at March 13, 2024 04:35 PM (ibTVg)

20 Does this tight job market make my ass look big?

Posted by: Cicero (@cicero43) at March 13, 2024 04:36 PM (vtRd1)

21 If there was an opposition party they would be pointing out all this Bidenflation was nothing more then Biden stealing people's wealth to give to his friends and illegals.

If...

Posted by: 18-1 at March 13, 2024 04:36 PM (ibTVg)

22 "But what about your graaaaaphs?"

Posted by: pookysgirl, recycling memes from 2012 at March 13, 2024 04:36 PM (dtlDP)

23 Yeet!
Posted by: nurse ratched

Yoot !

Posted by: JT at March 13, 2024 04:36 PM (T4tVD)

24 Maybe...Everyone have plenty if they only eat Captain Crunch with no Crunch Berries for dinner every night.

Posted by: MR. KIM at March 13, 2024 04:36 PM (11kd9)

25 It looks so uneventful
So quiet and discreet
But a lot of lives are changed
Down on that shitty warshington street
Cause they lie about everything
Just to see their bullshit through
So God Damn Joe Biden and his boys who make the noise
On Pennsylvania Avenue...

Posted by: Hairyback Guy at March 13, 2024 04:37 PM (/SHEi)

26 It makes people less likely to be influenced by propaganda.

Remember, no one believed Pravda.
Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024


***
"We pretend to work. And they pretend to pay us."

Posted by: Russian Laborers at March 13, 2024 04:37 PM (J2vNu)

27 I've contracted AIDS.

Posted by: Liam Neeson at March 13, 2024 04:37 PM (KRtlO)

28 Don't make me pull over this car and get out the VENN DIAGRAMS!!!!

Posted by: Chris Hayes at March 13, 2024 04:37 PM (vtRd1)

29 Food costs UP 25%

I'm over 100% more then when Biden was installed.

Posted by: 18-1 at March 13, 2024 04:37 PM (ibTVg)

30 We are living in a miracle economy, we are living in a miracle administration. This whole timeline is a catastrophic miracle event.

Posted by: Braenyard at March 13, 2024 04:38 PM (JKdu1)

31 17 Prices aren't the only thing going up. Hayes' weight clearly is as well.
---------
📈
📈

Posted by: andycanuck (2yu8s) at March 13, 2024 04:38 PM (2yu8s)

32 Ross Perot’s graphs were much better.

Posted by: Kratwurst at March 13, 2024 04:38 PM (nIRE6)

33 I need to be more grateful that the bread ration has increased to 2 from 4.

Posted by: Catch Thirty-Thr33 at March 13, 2024 04:38 PM (8sMut)

34 18 Nood inflation > inflatable scrotum guy
Hello Zombie, wherever you are.

Posted by: Ben Had at March 13, 2024 04:34 PM (/wZ+H)

I miss Zombie.

Posted by: CaliGirl at March 13, 2024 04:38 PM (+FesZ)

35 Trump vs Biden?
Turnip could beat Biden.

Posted by: wth at March 13, 2024 04:39 PM (v0R5T)

36 It is a miracle economy, look at all the freebies being giving away to illegals

Posted by: Skip at March 13, 2024 04:39 PM (fwDg9)

37 "And verily, I say unto you, there is no economic crisis so bad that it can't be cured by a good Powerpoint presentation."

-- Confucius at the Sermon on the Mount

Posted by: Cicero (@cicero43) at March 13, 2024 04:39 PM (vtRd1)

38 28 Don't make me pull over this car and get out the VENN DIAGRAMS!!!!
Posted by: Chris Hayes at March 13, 2024 04:37 PM (vtRd1)

I WAS TOLD THERE WOULD BE NO MATH!!!

Posted by: Catch Thirty-Thr33 at March 13, 2024 04:39 PM (8sMut)

39 hiya

Posted by: JT at March 13, 2024 04:39 PM (T4tVD)

40 Excitement is building around the world as the FAA has just approved the license for tomorrows planned SpaceX Star Ship launch from Boca Chica, TX.

Posted by: pawn at March 13, 2024 04:40 PM (QB+5g)

41 35 Trump vs Biden?
Turnip could beat Biden.
Posted by: wth at March 13, 2024 04:39 PM (v0R5T)

========

Not in Philly which is populated by very civic minded voters who only wish the best for their city by constantly voting in favor of the local political machine that has turned the urban center into an unlivable hellhole.

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:40 PM (GBKbO)

42 Supply and demand curves are racist.

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:30 PM


Heck, math itself has been declared racist by our intellectual superiors.

Frankly, I am quite surprised that people like Don Le-Mon, Joy Reid, etc. have not moved out of the oppressively racist U.S.A. to some more favorable nation ... like Haiti for example.

Posted by: Pillage Idiot at March 13, 2024 04:40 PM (HlyYF)

43 Without solid consumer confidence, you could have the best statistics in the world, and it would make little difference. Corporations (big and small) only take risks when they can afford to do so.

This bogus flummery trying to prop up Biden's atrocious handling of the economy not only doesn't reflect personal finance situations...the fact that it is so easily disproved erodes the consumer confidence even more.

In short...the economy and Biden's political future would be in better shape if they actually told the blatant, unapologetic truth.

Posted by: Orson at March 13, 2024 04:40 PM (dIske)

44 Re “employers are seizing on tight job market to cut wages”: I see nonsequiters like this all the time in reporting on business and economics. I wonder if AI is writing this nonsense or if journalists are just that stupid. One of my favorites is reporting on EVs in which the journalist absolutely doesn’t understand the difference between production and sales. e.g. “Despite talk of a softening in EV demand, January set a record for the number of EVs manufactured in one month.”

Posted by: Buck Throckmorton at March 13, 2024 04:40 PM (+JWyd)

45 Wages 〽

Posted by: andycanuck (2yu8s) at March 13, 2024 04:40 PM (2yu8s)

46 Don't watch any campaign speeches, don't watch any ads, don't listen to what the news says, just go look at the cost of beef, bread, cheese, rent, electicity....then vote accordingly

Posted by: Lemmiwinks at March 13, 2024 04:40 PM (U1NaE)

47 Inflation: Barely an inconvenience...

Posted by: Blake - semi lurker at large at March 13, 2024 04:40 PM (tT6L1)

48 They can gaslight all they want but real people go to the grocery store and they know the truth. And those people vote.

Posted by: Mister Scott (Formerly GWS) at March 13, 2024 04:41 PM (QNSds)

49 44 Re “employers are seizing on tight job market to cut wages”: I see nonsequiters like this all the time in reporting on business and economics. I wonder if AI is writing this nonsense or if journalists are just that stupid. One of my favorites is reporting on EVs in which the journalist absolutely doesn’t understand the difference between production and sales. e.g. “Despite talk of a softening in EV demand, January set a record for the number of EVs manufactured in one month.”
Posted by: Buck Throckmorton at March 13, 2024 04:40 PM (+JWyd)

=======

Almost like the supply and demand curves in EV sales have been intentionally broken, or something.

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:41 PM (GBKbO)

50 Tractor production is up 174%, comrades!

Posted by: andycanuck (2yu8s) at March 13, 2024 04:41 PM (2yu8s)

51 Why am I not surprised that a Mueller fan is excitedly posting Chris Hayes clips "to own the cons"?

Posted by: pookysgirl hopes to never run into this person at March 13, 2024 04:41 PM (dtlDP)

52 You just don't understand economics, Ace. Economic reality is what the experts expect, not what the lying numbers show. Any sub-simian intellect on a news show knows that.

And you don't see how "rising" and "falling" work, either. E.g., inflation fell from about 1.5% under Trump to about 5% under Biden, who fixed Trump's policies.

It's easy when you know how.

Posted by: Eeyore at March 13, 2024 04:42 PM (1bNHn)

53 Re “employers are seizing on tight job market to cut wages”: I see nonsequiters like this all the time in reporting on business and economics. I wonder if AI is writing this nonsense or if journalists are just that stupid. One of my favorites is reporting on EVs in which the journalist absolutely doesn’t understand the difference between production and sales. e.g. “Despite talk of a softening in EV demand, January set a record for the number of EVs manufactured in one month.”
Posted by: Buck Throckmorton at March 13, 2024 04:40 PM (+JWyd)

The first cut at AI to write stories had to be sent back to the drawing board because it refused to be woke and made preferred groups the bad guys at times.

Posted by: Oldcat at March 13, 2024 04:42 PM (eoQWY)

54 17 Prices aren't the only thing going up. Hayes' weight clearly is as well.

Posted by: Archimedes at March 13, 2024 04:34 PM


Perhaps he isn't feeling the bite of Bidenomics like the rest of us, because Mr. Hayes' salary is paid per pound?

Posted by: Pillage Idiot at March 13, 2024 04:42 PM (HlyYF)

55 Chris Hayes must have gotten beat up at school quite a bit. He still looks like a dork.

Posted by: Catch Thirty-Thr33 at March 13, 2024 04:42 PM (8sMut)

56 Ain't no food upon the table
And no pork up in the pan
But you better not complain, boy
You get in trouble with the man

"I'm Joe Biden and I approved this message"

Posted by: Cicero (@cicero43) at March 13, 2024 04:43 PM (vtRd1)

57 Check the use of terms. In a tight *job* market, jobs are scarce and job-seekers are plentiful. In a tight "labor" market, jobs are plentiful but job-seekers are scarce. When both jobs and labor are tight, that's a messed-up economy: workers are too scared to jump from their current job, businesses are too scared to invest in new products and services, and the job-seekers have given up and are eating government cheese.

Posted by: John A. Fleming at March 13, 2024 04:43 PM (oUzmL)

58 So my Econ 1 instructor lied to me!

When supply decreases, prices go down!

Posted by: CharlieBrown'sDildo at March 13, 2024 04:43 PM (gSZYf)

59 When do we get the results of the glorious 5 year plan comrades?

Posted by: Beartooth at March 13, 2024 04:43 PM (LjgPm)

60 At the exact same moment that IIRC Bloomberg reported that it takes $1000 additional per month for a household to simply exist the same way they were existing when Biden took office.

$12k per year.

Posted by: Moron Robbie at March 13, 2024 04:43 PM (Wg1x4)

61 Excitement is building around the world as the FAA has just approved the license for tomorrows planned SpaceX Star Ship launch from Boca Chica, TX.
Posted by: pawn at March 13, 2024 04:40 PM (QB+5g)
.......

The FAA? Oh right, gotta get all those Boeings out of the area so they don't get their doors and wheels blown off.

Posted by: wth at March 13, 2024 04:44 PM (v0R5T)

62 44 Re “employers are seizing on tight job market to cut wages”: I see nonsequiters like this all the time in reporting on business and economics. I wonder if AI is writing this nonsense or if journalists are just that stupid. One of my favorites is reporting on EVs in which the journalist absolutely doesn’t understand the difference between production and sales. e.g. “Despite talk of a softening in EV demand, January set a record for the number of EVs manufactured in one month.”
Posted by: Buck Throckmorton at March 13, 2024 04:40 PM (+JWyd)

You think AI can keep up with human stupidity?

Posted by: Catch Thirty-Thr33 at March 13, 2024 04:44 PM (8sMut)

63 60 At the exact same moment that IIRC Bloomberg reported that it takes $1000 additional per month for a household to simply exist the same way they were existing when Biden took office.

$12k per year.
Posted by: Moron Robbie at March 13, 2024 04:43 PM (Wg1x4)

Easily that much

Posted by: It's me donna at March 13, 2024 04:44 PM (Akjoo)

64 Liberals think that reality is whatever you make it to be.

They believe in the power of words- mainly because they've never produced anything real. Their whole existence has been about manipulating language.

So they think if they project the reality they want, it will happen.

The "Green New Deal" is of a type with this. We want an advanced economy powered by unicorn farts, so WE SHALL WILL IT INTO BEING.

Posted by: Formerly Virginian at March 13, 2024 04:44 PM (JMAcK)

65 And you don't see how "rising" and "falling" work, either. E.g., inflation fell from about 1.5% under Trump to about 5% under Biden, who fixed Trump's policies.
------
This graph proves it!
📉

Posted by: andycanuck (2yu8s) at March 13, 2024 04:44 PM (2yu8s)

66 I need to be more grateful that the bread ration has increased to 2 from 4.
Posted by: Catch Thirty-Thr33 at March 13, 2024 04:38 PM (8sMut)



Two full portions to four half portions.

Posted by: Kevin in ABQ at March 13, 2024 04:44 PM (6IWQu)

67 Despite talk of a softening in EV demand, January set a record for the number of EVs manufactured in one month.”

I remember reading about a group of American nuclear engineers touring a Soviet facility in some sort of good will exercise near the end of the cold war.

The scientists noticed most of the facility was built out of low quality materials but every door had a fancy bronze door handle. They asked why and found out the Soviet Union had a shortage of any other metal when the time came to make the door knobs but had created a surplus of bronze so...

Posted by: 18-1 at March 13, 2024 04:45 PM (ibTVg)

68 Tractor production is up 174%, comrades!
Posted by: andycanuck (2yu8s) at March 13, 2024 04:41 PM (2yu8s)
.......

Think of all the beets we will harvest!

Posted by: wth at March 13, 2024 04:46 PM (v0R5T)

69 67 Despite talk of a softening in EV demand, January set a record for the number of EVs manufactured in one month.”


Manufactured not sold

Posted by: It's me donna at March 13, 2024 04:46 PM (Akjoo)

70 Glenn Beck talked about SOTU. One of the points he made was: yeah, inflation is only 3%...this year..but, for the math challenged, you gotta carry the 9 from the preceding year!

Beck was aggravated the administration was treating current inflation as a phenomena independent of what has come before.

Posted by: Blake - semi lurker at large at March 13, 2024 04:46 PM (tT6L1)

71 It's The Economy Stupid!

Posted by: Snakehead Carville, democrat asshole at March 13, 2024 04:46 PM (/SHEi)

72 Being an economist means you never have to be right.

Posted by: Ben Had at March 13, 2024 04:47 PM (/wZ+H)

73 What? Employers cannot take advantage of a tight job market to lower salaries. In a tight job market, workers have the leverage. There are too few workers for the jobs available, so their bargaining power is higher.

It makes no sense that "companies are seizing on a tight job market to reduce salaries."
_______________

Forget it. It's liberal economics.

Posted by: Deplorable Jay Guevara at March 13, 2024 04:47 PM (Uzv0N)

74 Remember, no one believed Pravda.
Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:32 PM (GBKbO)
_______
Oh? What about Bernie Sanders?

Posted by: Eeyore at March 13, 2024 04:47 PM (1bNHn)

75 I would have expected "tight job market" to mean that jobs are harder to come by -- to the employers' advantage-- and "tight labor market" to mean workers are harder to come by -- to the workers' advantage. Is that not what that means?

Posted by: Oddbob at March 13, 2024 04:48 PM (sNc8Y)

76 You think AI can keep up with human stupidity?
Posted by: Catch Thirty-Thr33 at March 13, 2024 04:44 PM (8sMut)

Sure. Google already has artificial stupidity on line and making with the brainless.

Posted by: Xipe Totec at March 13, 2024 04:48 PM (pohLc)

77 I made Zimbabwe the most prosperous country in Africa simply by outlawing inflation. I prohibited prices from going up. Problem solved. Your President should try it.

Posted by: Robert Mugabe at March 13, 2024 04:48 PM (8sMut)

78 Being an economist means you never have to be right.
Posted by: Ben Had at March 13, 2024 04:47 PM (/wZ+H)
_______________

Being an economist means you never get to be right.

Posted by: Deplorable Jay Guevara at March 13, 2024 04:48 PM (Uzv0N)

79 74 Remember, no one believed Pravda.
Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:32 PM (GBKbO)
_______
Oh? What about Bernie Sanders?
Posted by: Eeyore at March 13, 2024 04:47 PM (1bNHn)

=======

You got me. Bernie did believe.

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:48 PM (GBKbO)

80 REAL WORKING WAGES HAVE GONE DOWN EVERY SINGLE MONTH THAT JOETATO AND HIS AMERICAN HATING JUNTA HAS HAD THE POWER TO MAKE THEM GO DOWN.

Posted by: Jukin the Deplorable a Clear and Present Danger at March 13, 2024 04:48 PM (17s+e)

81 I made Zimbabwe the most prosperous country in Africa simply by outlawing inflation. I prohibited prices from going up. Problem solved. Your President should try it.
Posted by: Robert Mugabe at March 13, 2024 04:48 PM (8sMut)
_______________

Should've made pi equal to 3.0. It would simplify a lot of calculations.

Posted by: Deplorable Jay Guevara at March 13, 2024 04:49 PM (Uzv0N)

82 I feel sorry for you guys under your incompetent/evil government. [USD$1 = CDN$1.30]

Kirk Lubimov @KirkLubimov 10h
Today, Finance Minister Chrystia Freeland toured an apartment building built with the help of a government program touting it as a successful project for low and middle income Canadians.

The prices **starting** at:

* no bedrooms 330sqf shitbox for $1,680+/m.
* no bedrooms little bigger 480sqf shitbox for $1825+/m.
* 1 bedroom 630sqf for $2615+/m.
* 2 bedrooms 816sqf for $3300+/m!

Not only no low income Canadian can afford to live there but an average income earner in Victoria, British Columbia will have to spend ~45% of their after tax income to live in a studio - they wouldn't be able to afford a bedroom.

To afford 2 bedrooms a person would have to be a top earner.

Freeland is alarmingly disconnected from what is happening in Canada.

This is the Liberals financing impoverishment of Canadians and bragging about.

Posted by: andycanuck (2yu8s) at March 13, 2024 04:49 PM (2yu8s)

83 Gas has been in $3.40 range for awhile in se Pa, even when kn Delaware last month was only $.10 cheaper

Posted by: Skip at March 13, 2024 04:49 PM (fwDg9)

84 69 67 Despite talk of a softening in EV demand, January set a record for the number of EVs manufactured in one month.”


Manufactured not sold
Posted by: It's me donna at March 13, 2024 04:46 PM (Akjoo)

If you build it they will come, and people WANT MORE EVs!!!

Posted by: U.S. Auto industry at March 13, 2024 04:49 PM (8sMut)

85 At the exact same moment that IIRC Bloomberg reported that it takes $1000 additional per month for a household to simply exist the same way they were existing when Biden took office.

$12k per year.
Posted by: Moron Robbie at March 13, 2024 04:43 PM (Wg1x4)
.......

And car repairs have gone through the roof. My F350 is in the shop and my daughter's Suburban is too.
We goan be broke.

Posted by: wth at March 13, 2024 04:50 PM (v0R5T)

86 83 Gas has been in $3.40 range for awhile in se Pa, even when kn Delaware last month was only $.10 cheaper
Posted by: Skip at March 13, 2024 04:49 PM (fwDg9)

4.79 here

Posted by: It's me donna at March 13, 2024 04:50 PM (Akjoo)

87 67 Despite talk of a softening in EV demand, January set a record for the number of EVs manufactured in one month.”
==

Take out the government bought EVs and it is crashing.

Posted by: Jukin the Deplorable a Clear and Present Danger at March 13, 2024 04:50 PM (17s+e)

88 Should've made pi equal to 3.0. It would simplify a lot of calculations.

Posted by: Deplorable Jay Guevara at March 13, 2024 04:49 PM


And somebody needs to sort out that plancks constant, even that sucker out as well.

Posted by: Mister Scott (Formerly GWS) at March 13, 2024 04:51 PM (QNSds)

89 You think AI can keep up with human stupidity?
Posted by: Catch Thirty-Thr33 at March 13, 2024 04:44 PM (8sMut)
_______________

You notice no one is working on generating artificial stupidity, because there's so much of the natural stuff around.

Posted by: Deplorable Jay Guevara at March 13, 2024 04:51 PM (Uzv0N)

90 This is the Liberals financing impoverishment of Canadians and bragging about.
Posted by: andycanuck (2yu8s) at March 13, 2024 04:49 PM (2yu8s)

Canadians keep cheerfully electing them back to office.

And BC IIRC is still run by the hard Left NDP.

Posted by: Catch Thirty-Thr33 at March 13, 2024 04:52 PM (8sMut)

91 83 Gas has been in $3.40 range for awhile in se Pa, even when kn Delaware last month was only $.10 cheaper
Posted by: Skip at March 13, 2024 04:49 PM (fwDg9)

4.79 here

Posted by: It's me donna
==
Same here and it has gone up 35 cents in the week after Joedolph's greatest SOTU since George Washington.

Posted by: Jukin the Deplorable a Clear and Present Danger at March 13, 2024 04:52 PM (17s+e)

92 I thought a "tight labor market" meant all the workers were drunk.

Posted by: Eeyore at March 13, 2024 04:52 PM (1bNHn)

93 "bUt We CaN't SeNd ThEm AlL bAcK~!"

@EndWokeness 1h
Dominican Republic has begun a massive deportation operation for Haitian illegals.

Truckloads are being sent back by force.

Posted by: weft cut-loop at March 13, 2024 04:53 PM (IG4Id)

94 Same here and it has gone up 35 cents in the week after Joedolph's greatest SOTU since George Washington.
Posted by: Jukin the Deplorable a Clear and Present Danger at March 13, 2024 04:52 PM (17s+e)

CA. ?

Posted by: It's me donna at March 13, 2024 04:53 PM (Akjoo)

95 Should've made pi equal to 3.0. It would simplify a lot of calculations.

Posted by: Deplorable Jay Guevara at March 13, 2024 04:49 PM

And somebody needs to sort out that plancks constant, even that sucker out as well.
Posted by: Mister Scott (Formerly GWS) at March 13, 2024 04:51 PM (QNSds)
______________

And the fine structure constant. 1/137? WTF? Call it 1/140, fer cryin' out loud. Or maybe even 1/150.

Posted by: Deplorable Jay Guevara at March 13, 2024 04:53 PM (Uzv0N)

96 I’d wager Dr. Jill’s crusty feet are all knobby like Aneurysm Joe’s lumpy skull.

Posted by: Dr. Bone at March 13, 2024 04:54 PM (Hp4+z)

97 81 I made Zimbabwe the most prosperous country in Africa simply by outlawing inflation. I prohibited prices from going up. Problem solved. Your President should try it.
Posted by: Robert Mugabe at March 13, 2024 04:48 PM (8sMut)
_______________

Should've made pi equal to 3.0. It would simplify a lot of calculations.
Posted by: Deplorable Jay Guevara at March 13, 2024 04:49 PM (Uzv0N)
______
He would have, but the Greeks had already stolen it.

Posted by: Eeyore at March 13, 2024 04:54 PM (1bNHn)

98 Supply and demand curves are racist.
Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:30 PM (GBKbO)



You're welcome.

Posted by: The Patriarchy at March 13, 2024 04:54 PM (aD39U)

99 "4 new head-to-head national polls in last 48 hours push Trump's lead in RCP Avg to 2.4%. "


Just spitballing here, but what if Trump wins the "popular vote"?

Posted by: Mister Scott (Formerly GWS) at March 13, 2024 04:54 PM (QNSds)

100 The Democrats Propaganda Ministry and Democrats are propping up the economy for the election

Posted by: Skip at March 13, 2024 04:55 PM (fwDg9)

101 99 "4 new head-to-head national polls in last 48 hours push Trump's lead in RCP Avg to 2.4%. "


Just spitballing here, but what if Trump wins the "popular vote"?
Posted by: Mister Scott (Formerly GWS) at March 13, 2024 04:54 PM (QNSds)

======

CA finds 4 million more mail in ballots.

Posted by: TheJamesMadison, finding what is best in life with Robert E. Howard at March 13, 2024 04:55 PM (GBKbO)

102 You peeple are just stooped !!! Presdent Biden has dones more for Childrin of Color, Gays, and Transgender peeple and childrin of coler thans any other Presdent. We be all shoulds be prouds of Presdent Bidum because the rest of the world is be prouds of him !!!!!!!!

Does not beleive whats you see at the store because that GPD thing is higher then when Trump was Presden !!!!

Posted by: Mary Clogginstein from Brattleboro, Vt at March 13, 2024 04:55 PM (BSF0H)

103 Maybe we should just look at bitcoin as an inverse indicator of everyone's confidence in the dollar and the US economy in general.

Posted by: Thing From Snowy Mountain at March 13, 2024 04:55 PM (gHSfI)

104 It's worth noting that if the MSM is willing to acknowledge $1000 extra required per month then the actual cost is likely $1300-$1500

Posted by: Moron Robbie at March 13, 2024 04:56 PM (Wg1x4)

105 We need to import more high value, highly productive Venezuelans, Palestinians and Haitians -- then our economy will really hum.

Oh look, how lucky for us!

Posted by: Field Marshal Zhukov at March 13, 2024 04:56 PM (wBaIH)

106 I still don't think we can beat the cheat. I'll vote, don't get me wrong. Just not holding my breath.

Posted by: Max Power at March 13, 2024 04:56 PM (q177U)

107 Maybe a better way to put it: People are buying bitcoin as a recognition that the nomenklatura aren't going to let us have a real aboveground economy.

Posted by: Thing From Snowy Mountain at March 13, 2024 04:57 PM (gHSfI)

108 The American people are sabotaging Biden by demanding lower wages and insisting on paying more for groceries.

Posted by: BeckoningChasm at March 13, 2024 04:57 PM (CHHv1)

109 Biden Bucks

It's like real money, only worth half as much !

Posted by: Hatari somewhere on Ventura Highway at March 13, 2024 04:58 PM (NtVYv)

110 Chuy, you're at the top of the page at Insty.

Posted by: I am the Shadout Mapes, Freelance AoSHQ Link Wrangler at March 13, 2024 04:58 PM (PiwSw)

111 Maybe Joes senile screamfest last Thursday wasn't the best speech since the Gettysburg address like the media said it was

Posted by: It's me donna at March 13, 2024 04:58 PM (Akjoo)

112 What? Employers cannot take advantage of a tight job market to lower salaries. In a tight job market, workers have the leverage. There are too few workers for the jobs available, so their bargaining power is higher.

-----------------

IOW, a Seller's Market.

Posted by: ShainS -- Neo-Dissident (A psychpathocracy, if you can keep it) at March 13, 2024 04:58 PM (u95ui)

113 106 I still don't think we can beat the cheat. I'll vote, don't get me wrong. Just not holding my breath.
Posted by: Max Power at March 13, 2024 04:56 PM (q177U)
______
It does depend on where you are. I live in NC, which is absolutely in play for President, Governor, and my Congressman. (Actually, I hope, our girl wins the last.)

If you live in SF, well, you're phvked. And a dumbass for still being there.

Posted by: Eeyore at March 13, 2024 04:58 PM (1bNHn)

114 Hatari, perfect !

Posted by: Ben Had at March 13, 2024 04:58 PM (/wZ+H)

115 Being an economist means you never get to be right.
Posted by: Deplorable Jay Guevara at March 13, 2024 04:48 PM (Uzv0N)

In defense of economists, there are so many factors that effect prices, output, etc... that it's literally impossible to accurately account for all of them. Many are not only unknown, but unknowable.

GOOD economists know this and will always hedge "predictions" because they know that.

Now, the economy likely has a similar number of variables affecting it than "climate" does.

But climate scientists have no similar humility in the face of their massive ignorance.

Posted by: Formerly Virginian at March 13, 2024 04:58 PM (JMAcK)

116 It's worth noting that if the MSM is willing to acknowledge $1000 extra required per month then the actual cost is likely $1300-$1500

Posted by: Moron Robbie at March 13, 2024 04:56 PM


My wife volunteers at two food banks.....usage is up over 50% in less than 18 months. At one of the food give aways the people have to line up and wait until the truck arrives. Sometimes they wait for 2+ hours to get whatever food the truck has on it. They ain't doing that just for a bag of carrots and potatos.

Posted by: Mister Scott (Formerly GWS) at March 13, 2024 04:59 PM (QNSds)

117 The dissenting vote

@BNONews
JUST IN: Police investigating suspicious package outside the U.S. Supreme Court

Posted by: weft cut-loop at March 13, 2024 04:59 PM (IG4Id)

118 The graph that really tells the story is all new jobs have gone to non-natives over the past 4 years.

Ace I’ll send you the chart if you want me too.

Posted by: MAGA_Ken at March 13, 2024 04:59 PM (++4z6)

119 "This strongly suggests the job market is not, in fact, "tight" at all."

With plenteous H-1Bs and millions of illegals, I doubt it's too tight.

Posted by: El gp De Los Vientos at March 13, 2024 04:59 PM (MvF+J)

120 In defense of economists, there are so many factors that effect prices, output, etc... that it's literally impossible to accurately account for all of them. Many are not only unknown, but unknowable.

GOOD economists know this and will always hedge "predictions" because they know that.

Now, the economy likely has a similar number of variables affecting it than "climate" does.

But climate scientists have no similar humility in the face of their massive ignorance.
Posted by: Formerly Virginian at March 13, 2024 04:58 PM (JMAcK)
____________________

Shorter version: neither economics nor "climate change" are sciences.

And don't get me started on psychology and especially sociology.

Posted by: Deplorable Jay Guevara at March 13, 2024 05:00 PM (Uzv0N)

121 15 Real Inflation: 10% or more

Gubmint salary increases: 5%

Claimed Inflation rate: 3%

Non-gubmint salary increases: Hey you got a job don't you? What more do you want?!?
Posted by: 18-1 at March 13, 2024 04:34 PM (ibTVg)


In Massachusetts they got 12%...

Posted by: BuddyPC at March 13, 2024 05:01 PM (r5GBe)

122 I am feeling kinda confident maybe that Trump wins in November (How's that for confidence? LOL). But the question is will he win before he ends up in Jail? And how does Jail affect the Election? Does it actually add to Trump's vote total?

Posted by: Nevergiveup at March 13, 2024 05:01 PM (PQ4m2)

123 My SIL is doing work on a home for Jack Dorsey of Twitter infamy and has had the work stopped and the scope of the job cut back... It's true for some of the other Silicon Valley millionaires/billionaires too he's been told...

Posted by: It's me donna at March 13, 2024 05:02 PM (Akjoo)

124 "GOOD economists know this"

My first econ class, first day lesson: ceteris paribus.

Posted by: El gp De Los Vientos at March 13, 2024 05:02 PM (MvF+J)

125 Oh, well, nevermind then

@libsoftiktok
BREAKING: The medical examiner just released Nex's cause of death. She tragically died from an overdose.

Posted by: weft cut-loop at March 13, 2024 05:02 PM (IG4Id)

126 "In some cases, stagnant and even lowered salaries are the result of an overdue reset for a pandemic era surge in compensation when companies were scrambling to fill roles during the Great Resignation."

I think that's a rewriting of history. This Great Resignation had a few resignations, but most of it was Great Termination related. The vast majority of people were trying to retain their jobs because the world economy was intentionally and "ancillarily" collapsed. They weren't leaving the job market voluntarily. And the reshifting of employment wasn't a designed play; it was reactionary to what was available once again as some business recovered. It wasn't wholesale, "Oooh, look, yet another job opening needing my particular skillset!" It was, "Sh*t, I better grab this ASAP 'cause I'm about to lose my house!"

If there was Resignation (because there were just sooo many options available due to Federal cash injection), it was miniscule and short-lived. And the recovery is not happening because a) Business has adapted for efficiency/survivability, and b) Robots/AI are becoming cheaper than a labor pool demanding better-then-living wage for starter positions.

Posted by: AnonyBotymousDrivel Remembers Babbitt and Perna at March 13, 2024 05:02 PM (aXxgO)

127 Yo Mary...............

We be Jammin....Jammin in the name of Obama....

We be Jammin....

Price of OTC Doobies must be down in Brattleboro...


Posted by: Ferd Berfall at March 13, 2024 05:02 PM (rcLES)

128 So O'Keefe pulled the gay scam again.

https://tinyurl.com/m5drt3dd

Posted by: Biff Pocoroba at March 13, 2024 05:02 PM (Dm8we)

129 Biden sycophants: DID YOU SEE THIS CHART WHICH TOTALLY DISPROVES YOUR REALITY? SEE HOW IT GOES UP?

-----------

You know what happens to GDP in nominal dollars and uncontrolled spending of imaginary trillions of dollars by the feral government in a high inflationary environment?

/rhetorical

Posted by: ShainS -- Neo-Dissident (A psychpathocracy, if you can keep it) at March 13, 2024 05:03 PM (u95ui)

130 They say inflation is down to 3.4% OK........

What about the 20% previous to the latest report ????

How much longer before GOD Says "These idiots on earth could screw-up a wet dream" and just do another mass extinction and we start over again ????

Posted by: Ferd Berfall at March 13, 2024 05:05 PM (rcLES)

131 BREAKING: The medical examiner just released Nex's cause of death. She tragically died from an overdose.


is it bad this made me laugh out loud?

I feel guilt but I mean ... of freaking course

Posted by: BlackOrchid at March 13, 2024 05:05 PM (AcWfM)

132 The only graph that matters is the one that totally doesn't show Brandon trailing by 15% until about 4am ET when 12 states don't stop counting due to a water main break after which OrangeManBad is losing by 50%.

Posted by: Stalin's Vote Counters at March 13, 2024 05:06 PM (llON8)

133 https://tinyurl.com/m5drt3dd


holy sheep

Posted by: BlackOrchid at March 13, 2024 05:07 PM (AcWfM)

134 COVID "great resignation"

hahaha

Posted by: Nikki Haley's luxuriously hairy nipples - Alex Jones Was Right at March 13, 2024 05:07 PM (Wg1x4)

135 You know what happens to GDP in nominal dollars and uncontrolled spending of imaginary trillions of dollars by the feral government in a high inflationary environment?

/rhetorical
Posted by: ShainS -- Neo-Dissident (A psychpathocracy, if you can keep it) at March 13, 2024 05:03 PM (u95ui)

Rhetorical, but fuckit.

Hungary 1946

Posted by: Catch Thirty-Thr33 at March 13, 2024 05:07 PM (8sMut)

136 I was part of Covid's Great Retirement, when all of us aged close to leaving said fuck this shit.

Posted by: G'rump928(c) at March 13, 2024 05:07 PM (aD39U)

137 Idiots confuse inflation and the RATE of inflation.

Posted by: dagny, first of her name at March 13, 2024 05:07 PM (U8kCF)

138 It is just like "Stagflation" of the Carter years. Usually, the system has an equilibrium of cause and effect tied to supply and demand. But if you mess with the system too much, say by having the money printing machines set to 11, then there isn't a way to reach equilibrium.

Posted by: Another Anon at March 13, 2024 05:07 PM (xDXdC)

139 "Americans are paying $1K more per year since Biden became president"

but isn't it all worth it to have joe biden's steady hands on the wheels of state?

Posted by: gnats local 678 at March 13, 2024 05:08 PM (B1FKF)

140 @BNONews

JUST IN: Police investigating suspicious package containing white powder outside the of Hunter Biden's place...

CNN initially reporting that it is believed TRUMP PUT IT THERE TO MAKE HUNTER LOOK LIKE A SIMPLETON !!!!!

Posted by: Ferd Berfall at March 13, 2024 05:08 PM (rcLES)

141 Archimedes: "Prices aren't the only thing going up. Hayes' weight clearly is as well."

Filling the void left by Tater.

Posted by: AnonyBotymousDrivel Remembers Babbitt and Perna at March 13, 2024 05:08 PM (aXxgO)

142 they should just poll their own bottom feeder employees.

regardless, the big problem here is people see their bank balances going down faster than ever before. Hard to argue with something EVERYONE notices daily, or weekly

Posted by: Joe Kidsniffer at March 13, 2024 05:09 PM (3TalN)

143 Putin is busy saying that he is about ready to nuke someone.

I really wonder what the dynamic would be if Putin picked a target like .. you fill in the blank.

Posted by: SMOD at March 13, 2024 05:09 PM (K95OB)

144 104 It's worth noting that if the MSM is willing to acknowledge $1000 extra required per month then the actual cost is likely $1300-$1500
Posted by: Moron Robbie at March 13, 2024 04:56 PM (Wg1x4)

———

I got a new job in 2022 with a 20% raise. I’m glad I did because the entirety of that raise has been eaten up with inflation.

Posted by: MAGA_Ken at March 13, 2024 05:09 PM (++4z6)

145 BEST Economy in a Trillion Years you nabobs !!!!!!!!!

Posted by: Ferd Berfall at March 13, 2024 05:09 PM (rcLES)

146 Prices aren't the only thing going up. Hayes' weight clearly is as well.
===
It's the damn hormone blockers. My moobs aren't getting bigger but my hips sure are...

Posted by: Chris Hayes at March 13, 2024 05:09 PM (YJT3m)

147 Do these puberty blockers make my ass look fat ????

Posted by: Dylan at March 13, 2024 05:11 PM (rcLES)

148 145 BEST Economy in a Trillion Years you nabobs !!!!!!!!!

Of course since nabobs are wealthy people

Posted by: It's me donna at March 13, 2024 05:11 PM (Akjoo)

149 NYT March 2nd...

What We Know About the Death of a Nonbinary Student in Oklahoma
Nex Benedict, a 16-year-old student, died one day after an altercation with classmates in a school bathroom in Oklahoma, renewing scrutiny over the state’s strict gender policies.

Posted by: andycanuck (2yu8s) at March 13, 2024 05:11 PM (2yu8s)

150 The the thing on my gub that goes up count?

Posted by: Diogenes at March 13, 2024 05:11 PM (W/lyH)

151 "Companies are seizing on a tight job market to reduce salaries."

Easy answer - inflation is pushing up prices. Consumers don't like that. They buy less. Sales go down. So, companies are trying to cut costs, to push prices back down. One way to do that is to cut workers and wages.

Inflation is insidious - it damages everything it touches. Ultimately inflation is about the money supply - too many $ chasing too few goods. Its why deficit spending is such a stupid idea - it creates inflation.

A big part of this is China - every company is trying to reshore work from China to the U.S. to avoid their impending implosion. That costs money, and spurs more attempts to reduce costs.

Posted by: El Mariachi Attorney at Law at March 13, 2024 05:12 PM (mvURQ)

152 We need to import more high value, highly productive Venezuelans,


I would prefer large breasted Colombian women.

Posted by: anchorbabe fashion cop at March 13, 2024 05:12 PM (ufFY8)

153 I would still love to see how the Labor Department calculates the various stats . Went shopping yesterday and the prices were absurd. Add state taxes (NY) and goods and services catching up with free money 2008-2021 and there is no way in hell that the economy is good.

Posted by: Smell the Glove at March 13, 2024 05:13 PM (CAwN0)

154 They say inflation is down to 3.4% OK........

What about the 20% previous to the latest report ????
________________

Would this be a bad time to point that inflation is cumulative?

So the calculation would be 1.034 X 1.20 X 1.09 ...

Or whatever the actual figures ("actual" being a soft term when dealing with government numbers) are.

Bottom line: we've had a buttload of inflation.

In the (semi-made up example above): 35% inflation over a three-year period.

Posted by: Deplorable Jay Guevara at March 13, 2024 05:13 PM (Uzv0N)

155 I can explain how the job market is tight but wages are falling:

Employers are offering, more and more, only part-time jobs.
Which most people, naturally, cannot accept.
And it's near impossible, as the hours they are wanting, to get 2 part-time jobs (despite what Dave Ramsey thinks).

So they're forced either accept a lower-paying, full-time job.
Or no job.

Thus, wages are falling while unemployment is "low."

That's not a good economy-- that's a real shitty economy that pushes workers further and further behind

Posted by: People's Hippo Voice at March 13, 2024 05:14 PM (yikga)

156 Are all of the "Newcomers" gainfully employed, or just not looking they count in unemplyment figures?

Hah. Like they are looking for anything other than another handout.

Posted by: Itinerant Alley Butcher at March 13, 2024 05:14 PM (cOq4q)

157 Laura Trump has declared war on Democracy!

Posted by: Cat Ass Trophy at March 13, 2024 05:14 PM (LZyrK)

158 So we had the Great Resignation, and then the best economy ever Jack when the government allowed businesses to open again and lowest unemployment ever jack, but somehow what now?

Posted by: Moron Robbie at March 13, 2024 05:14 PM (Wg1x4)

159 Posted by: Smell the Glove at March 13, 2024 05:13 PM (CAwN0)

and there are some of us who are stuck in an ARM, which when Trump was POTUS, was absolutely delightful

my interest rate has increased every year during the disaster of the junta

Posted by: kallisto at March 13, 2024 05:15 PM (dCxaZ)

160 Inflation is insidious - it damages everything it touches.
_______________

Except government debt, which it makes easier to service. Just pay with funny money!

Posted by: Deplorable Jay Guevara at March 13, 2024 05:15 PM (Uzv0N)

161 What is with the comments at Insty now? I can't access them though I'm registered at Disgust.

Posted by: pawn at March 13, 2024 05:15 PM (QB+5g)

162 Employers are offering, more and more, only part-time jobs.
-

Something something Obamacare something

Posted by: Moron Robbie at March 13, 2024 05:16 PM (Wg1x4)

163 Whoever is doing the Sidebar Haitian Updates: Good job.

Posted by: garrett at March 13, 2024 05:16 PM (xONGo)

164 Are all of the "Newcomers" gainfully employed, or just not looking they count in unemplyment figures?

Hah. Like they are looking for anything other than another handout.
Posted by: Itinerant Alley Butcher at March 13, 2024 05:14 PM (cOq4q)
______________

They're like ticks fastening onto a passing pup. And about as valuable as ticks, also.

Posted by: Deplorable Jay Guevara at March 13, 2024 05:16 PM (Uzv0N)

165 >>> 126
==
I think that's a rewriting of history. This Great Resignation had a few resignations, but most of it was Great Termination related. The vast majority of people were trying to retain their jobs because the world economy was intentionally and "ancillarily" collapsed. They weren't leaving the job market voluntarily. And the reshifting of employment wasn't a designed play; it was reactionary to what was available once again as some business recovered. It wasn't wholesale, "Oooh, look, yet another job opening needing my particular skillset!" It was, "Sh*t, I better grab this ASAP 'cause I'm about to lose my house!"
==
Posted by: AnonyBotymousDrivel Remembers Babbitt and Perna at March 13, 2024 05:02 PM (aXxgO)

My current employers who have never (to my knowledge) had layoffs in the past, dropped more than one in recent months. In the company meeting a few weeks ago, instead of the previous talk about "needing to retain our talent" they said "in the past there has been some healthy attrition"....

Posted by: Helena Handbasket at March 13, 2024 05:16 PM (llON8)

166 And it's near impossible, as the hours they are wanting, to get 2 part-time jobs (despite what Dave Ramsey thinks).

Ramsey is a turd.

And 2 part-time jobs don't get you any benefits such as health insurance and 401k

Posted by: kallisto at March 13, 2024 05:17 PM (dCxaZ)

167 Rooftop Koreans > Sidebar Haitians

Posted by: Captain Obvious, Laird o' the Sea, Radioactive Knight at March 13, 2024 05:18 PM (DeFcY)

168 159 and there are some of us who are stuck in an ARM, which when Trump was POTUS, was absolutely delightful

my interest rate has increased every year during the disaster of the junta
Posted by: kallisto at March 13, 2024 05

I don’t have an ARM, but my SBA loan is adjustable and has gone from manageable to painful in 2 years. It is awful and everyone who has an SBA loan is in the same boat as me.

Posted by: Piper at March 13, 2024 05:18 PM (ZdaMQ)

169 As a pop tart connissour, they are smaller. Don't let anyone tell you different.

Posted by: DOYLE at March 13, 2024 05:18 PM (Z8Yh2)

170 161 What is with the comments at Insty now? I can't access them though I'm registered at Disgust.
------
It must be you -- I'm fine for accessing and signing-in.

Posted by: andycanuck (2yu8s) at March 13, 2024 05:18 PM (2yu8s)

171 Family Dollar closing over a thousand stores, 600 this year the rest over the next few years. That means that lower income people aren't shopping that much. But the economy is great.

Posted by: Smell the Glove at March 13, 2024 05:18 PM (CAwN0)

172 And yet, there are lifelong Republicans out there glumly sulking that "nobody's running who's qualified to be President." You've gotta be shitting me. Go slap some sense into yourselves.

Posted by: Kindly remove head from ass at March 13, 2024 05:18 PM (tczCu)

173 My monthly expenses are up about 35% from two years ago.
FJB

Posted by: Diogenes at March 13, 2024 05:18 PM (W/lyH)

174 How could we be so dumb to think we are starving?

Posted by: Starving guy at March 13, 2024 05:18 PM (CuBOv)

175 168 159 and there are some of us who are stuck in an ARM, which when Trump was POTUS, was absolutely delightful

my interest rate has increased every year during the disaster of the junta
Posted by: kallisto at March 13, 2024 05

I don’t have an ARM, but my SBA loan is adjustable and has gone from manageable to painful in 2 years. It is awful and everyone who has an SBA loan is in the same boat as me.
Posted by: Piper at March 13, 2024 05:18 PM (ZdaMQ)

Never buy a house with anything but a fixed rate - you just have too much to lose otherwise...

Posted by: Nova Local at March 13, 2024 05:19 PM (exHjb)

176 Everyone where I'm working now is so worried about getting laid off that no one will talk about what they are working on. Active self-siloing.

Posted by: pawn at March 13, 2024 05:19 PM (QB+5g)

177 Six charges dropped re:Trump in GA.

Trish Regan has a video that dropped an hour ago.

She is still cute, but looking skinny.

Posted by: anchorbabe fashion cop at March 13, 2024 05:20 PM (ufFY8)

178 Family Dollar closing over a thousand stores, 600 this year the rest over the next few years. That means that lower income people aren't shopping that much. But the economy is great.



Dang. That's one step up from Dollar Tree.

People aren't able to afford to shop at Family Dollar and Dollar General and those types of stores? Serious hurt in 20% or so of the population.

Posted by: Moron Robbie at March 13, 2024 05:20 PM (Wg1x4)

179 My monthly expenses are up about 35% from two years ago.
FJB
Posted by: Diogenes at March 13, 2024 05:18 PM (W/lyH)
----------
My electricity bill is ~60% higher than it was three years ago. I don't recall using 60% more power.

Posted by: Captain Obvious, Laird o' the Sea, Radioactive Knight at March 13, 2024 05:20 PM (DeFcY)

180 Family Dollar closing over a thousand stores, 600 this year the rest over the next few years. That means that lower income people aren't shopping that much. But the economy is great.
Posted by: Smell the Glove at March 13, 2024 05:18 PM (CAwN0)
______________

But yacht sales are up!

Posted by: Deplorable Jay Guevara at March 13, 2024 05:20 PM (Uzv0N)

181 Family Dollar closing over a thousand stores, 600 this year the rest over the next few years. That means that lower income people aren't shopping that much. But the economy is great.

Posted by: Smell the Glove at March 13, 2024 05:18 PM


Just spit balling here but the dollar store store closings are mostly due to massive theft problems from what I read.

Posted by: Mister Scott (Formerly GWS) at March 13, 2024 05:20 PM (QNSds)

182 We've been exporting inflation to most other countries -- who need to acquire & hold dollars owing to it's being the world's reserve currency -- for several decades now.

Once the U.S. Dollar is (soon-to-be inevitably) replaced as that currency standard, ALL of those many trillions of dollars will come flooding back to the U.S. causing likely hyperinflation.

They're gonna try to avoid this nightmare inevitability and shove a CBDC down our throats -- but either ways, I'm pretty sure that we are good & proper-fucked.

Posted by: ShainS -- Neo-Dissident (A psychpathocracy, if you can keep it) at March 13, 2024 05:21 PM (u95ui)

183 Mister Scott (Formerly GWS): "They can gaslight all they want but real people go to the grocery store and they know the truth. And those people vote."

Well, they can try.

Posted by: Blue Zone Polls and SecsOState at March 13, 2024 05:21 PM (aXxgO)

184
Never buy a house with anything but a fixed rate - you just have too much to lose otherwise...
Posted by: Nova Local at March 13, 2024 05:19 PM (exHjb)

Ours is fixed but we have an impound on taxes and insurance and Our insurance has gone up for 3 straight years and they cancelled us in Mar. Had to scramble to get a new one and of course it's even more...

Posted by: It's me donna at March 13, 2024 05:21 PM (Akjoo)

185 Addendum

Not welfare recipients, of course. They can shop anywhere with their good credit and $1000+ / month food budgets.

I mean folks who are working and trying to raise families.

Posted by: Moron Robbie at March 13, 2024 05:21 PM (Wg1x4)

186 124 "GOOD economists know this"

My first econ class, first day lesson: ceteris paribus.
Posted by: El gp De Los Vientos at March 13, 2024 05:02 PM (MvF+J)

The first Latin phrase Econ students need to know is Res tantum valet quantum vendi potest.

Posted by: Catch Thirty-Thr33 at March 13, 2024 05:21 PM (8sMut)

187 My monthly expenses are up about 35% from two years ago.
FJB
Posted by: Diogenes at March 13, 2024 05:18 PM (W/lyH)
______________

So my made-up calculation above in #154 wasn't that far off (two years vs. three).

Posted by: Deplorable Jay Guevara at March 13, 2024 05:22 PM (Uzv0N)

188 So O'Keefe pulled the gay scam again.

https://tinyurl.com/m5drt3dd
Posted by: Biff Pocoroba at March 13, 2024 05:02 PM (Dm8we)

Crazy !

Posted by: Hatari somewhere on Ventura Highway at March 13, 2024 05:22 PM (NtVYv)

189 I've often thought the real problem, the source of a lot of the disconnect between reality and fake news is.... the media itself.

If and when someone other than a Democrat is in office they are vilified regardless of the facts. The left has so totally overtaken speech, language, definitions that they can spread their own mis/dis/malinformation with impunity. And a huge segment of the population believes them.

They need to be destroyed. Totally.

Posted by: Martini Farmer at March 13, 2024 05:23 PM (Q4IgG)

190 An adjustable-rate mortgage (ARM)
Small Business Administration (SBA)
-------
Apparently, we use the ARM acronym too according to DDG searching but I've never seen it before contrasted with variable-rate mortgage.

And Canada Small Business Financing Program here, that I've never heard of before either.

Posted by: andycanuck (2yu8s) at March 13, 2024 05:23 PM (2yu8s)

191 Trish Regan has a video that dropped an hour ago.

She is still cute, but looking skinny.
Posted by: anchorbabe fashion cop at March 13, 2024 05:20 PM (ufFY

I’ve always thought of her as hot.

Posted by: Catch Thirty-Thr33 at March 13, 2024 05:23 PM (8sMut)

192 The point of the Hayes propaganda, the target isn't the average voter.

It's the 6+ figure, college educated, with the gov/med/ed job household--to comfort them that the economy is good.

Think about that. They're having to convince their most loyal and devoted voters, the ones who most want to be lied to. Supporting the Dem is buying their indulgence for the sin of being rich; they need assured the Dems are helping the poors.

And ... this is the best they can do?

Posted by: People's Hippo Voice at March 13, 2024 05:23 PM (yikga)

193 Never buy a house with anything but a fixed rate - you just have too much to lose otherwise...
Posted by: Nova Local at March 13, 2024 05:19 PM (exHjb)


I was intending to pay it off before the ARM term expired, but then Trump came and my monthly payment decreased.

Then Biden stole the White House and now I have to re-fi.

Posted by: kallisto at March 13, 2024 05:23 PM (dCxaZ)

194 62 44 Re “employers are seizing on tight job market to cut wages”: I see nonsequiters like this all the time in reporting on business and economics. I wonder if AI is writing this nonsense or if journalists are just that stupid. One of my favorites is reporting on EVs in which the journalist absolutely doesn’t understand the difference between production and sales. e.g. “Despite talk of a softening in EV demand, January set a record for the number of EVs manufactured in one month.”
Posted by: Buck Throckmorton at March 13, 2024 04:40 PM

---
To be fair, one writing about the mud-headedness of manufacturers anticipating demand despite all indications to the contrary would have written the same thing.

Then again, the nonsensical "January set a record" would never have flown with my 11th-grade English composition teacher, so dumb writer either way.

Posted by: SloPitch Whiffer at March 13, 2024 05:24 PM (wzAuc)

195 175 Never buy a house with anything but a fixed rate - you just have too much to lose otherwise...
Posted by: Nova Local at March

You cannot get a fixed rate SBA loan. If you use one to buy a business, you don’t have a choice. Different from a mortgage, of course, but this admin is hurting small business through this. But let’s pay off student loans! *eyeroll here*

Posted by: Piper at March 13, 2024 05:24 PM (ZdaMQ)

196 188 I'm watching it now. Recommended.

Posted by: El gp De Los Vientos at March 13, 2024 05:24 PM (MvF+J)

197 Trying to follow the prog logic in this is making my head hurt. I think my first mistake was assuming their logic has some remote basis in reality.

Posted by: Ripley at March 13, 2024 05:25 PM (JojsZ)

198 Penelope I have been explaining this for past week. All those GOV numbers ARE BS and they have been so for decades. They don't count most of the NORMAL working people in the unemployment numbers. The don't count the thigs real people buy in the inflation numbers either. In short they are all lies. REAL inflation is probably about 15% with UE at > 10%

Posted by: vic at March 13, 2024 05:25 PM (A5THL)

199 Just spit balling here but the dollar store store closings are mostly due to massive theft problems from what I read.
------------
It's 'less than' 4% of the stores I've read. Still pretty bad.

Posted by: andycanuck (2yu8s) at March 13, 2024 05:25 PM (2yu8s)

200 How can it be a tight market? They bring in millions of illegals. If the truckers strike, they claim they can just have illegals do the job. And illegals work for less or under the table, so of course wages will fall.

Back in the day, Henry Ford had a radical idea. Pay workers a fair salary so they can afford to buy the product they make. Now we outsource the jobs to other countries and wonder why the company is losing customers.

Posted by: Notsothoreau at March 13, 2024 05:26 PM (yeEu9)

201 Thanks andycanuck,

It was Ghostery.

Posted by: pawn at March 13, 2024 05:26 PM (QB+5g)

202 They are throwing funny money at the economy in order to prevent a 2008 situation.

I looked up the 2008 stimulus package. The total cost $153 billion.

That just tells you how ludicrous the current government and economy is.

Posted by: MAGA_Ken at March 13, 2024 05:27 PM (++4z6)

203 Just spit balling here but the dollar store store closings are mostly due to massive theft problems from what I read.

this is the reason the one in my AO closed

Posted by: kallisto at March 13, 2024 05:27 PM (dCxaZ)

204 Penelope = people


FK auto spell chk

Posted by: vic at March 13, 2024 05:27 PM (A5THL)

205 They're gonna try to avoid this nightmare inevitability and shove a CBDC down our throats -- but either ways, I'm pretty sure that we are good & proper-fucked.
----------
Send in the Scoops.

Posted by: Detective Thorn at March 13, 2024 05:27 PM (2yu8s)

206 Martini Farmer: "If and when someone other than a Democrat is in office they are vilified regardless of the facts..."

It helps when you know the MFM are the advertising agency for the DNC and the Socialist class (BIRM). Of course they're attacking anything to the right of Stalin/Hitler.

Posted by: AnonyBotymousDrivel Remembers Babbitt and Perna at March 13, 2024 05:28 PM (aXxgO)

207 Just get a government job, keep voting Democrat, retire after 20-25 years of easy work. Then relax on full benefits and COLA adjustments cover inflation and more.

Just got to keep the economy rolling well enough for the non-Gov working class can carry the load.

Posted by: illiniwek at March 13, 2024 05:28 PM (Cus5s)

208 191 Trish Regan has a video that dropped an hour ago.

She is still cute, but looking skinny.
Posted by: anchorbabe fashion cop at March 13, 2024 05:20 PM


Well, then feed her and send her in!

Posted by: Zombie Groucho Marx at March 13, 2024 05:28 PM (PiwSw)

209 My monthly expenses are up about 35% from two years ago. Posted by: Diogenes at March 13, 2024 05:18 PM

That is because you are using old math from the 1950's to calculate your expenses. You need to use the new math taught in schools today to understand that your life is great. So go back to school you dog faced ass licking pony soldier. When you add 2 + 2 in your wages per month that adds up to 22 !!!!!!!

Posted by: Joe Biden at March 13, 2024 05:28 PM (rcLES)

210 FK auto spell chk
Posted by: vic at March 13, 2024 05:27 PM (A5THL)
-----------
I was wondering who Penelope was.

Posted by: Captain Obvious, Laird o' the Sea, Radioactive Knight at March 13, 2024 05:28 PM (DeFcY)

211 BIG
BASTARD
COCONUTS

Posted by: Tuco Ramirez at March 13, 2024 05:28 PM (Zz86T)

212 They are throwing funny money at the economy in order to prevent a 2008 situation.

I looked up the 2008 stimulus package. The total cost $153 billion.

That just tells you how ludicrous the current government and economy is.

-

I don't remember the specific amounts but I heard something about Trump having a $1T budget, Biden having a $3T, and the next will be $7T

We're done. Prepare accordingly.

Posted by: Moron Robbie at March 13, 2024 05:29 PM (Wg1x4)

213 I was intending to pay it off before the ARM term expired, but then Trump came and my monthly payment decreased.

Then Biden stole the White House and now I have to re-fi.
Posted by: kallisto at March 13, 2024 05:23 PM (dCxaZ)


——-

I refinanced from an ARM to a 2.5% fixed in January 2021. The one good financial move I ever made.

Posted by: MAGA_Ken at March 13, 2024 05:29 PM (++4z6)

214 I've often thought the real problem, the source of a lot of the disconnect between reality and fake news is.... the media itself.

If and when someone other than a Democrat is in office they are vilified regardless of the facts. The left has so totally overtaken speech, language, definitions that they can spread their own mis/dis/malinformation with impunity. And a huge segment of the population believes them.

They need to be destroyed. Totally.
Posted by: Martini Farmer at March 13, 2024 05:23 PM (Q4IgG)
__________________

I've thought that many times, and agree 100%.

Posted by: Deplorable Jay Guevara at March 13, 2024 05:29 PM (Uzv0N)

215 Cheers, Pawn. [Although Disgust does eff-up occasionally for access and sign-in even at smaller sites than Insty's.]

Posted by: andycanuck (2yu8s) at March 13, 2024 05:30 PM (2yu8s)

216 So, the GDP, which is the measure of how much money is spent in total... has climbed at the same rate as inflation?

So, more money is spent, for the same crap....

But this is GOOD for us?

Posted by: Hysterical History at March 13, 2024 05:30 PM (xaFKb)

217 Maybe we should just look at bitcoin as an inverse indicator of everyone's confidence in the dollar and the US economy in general.
---
It is.
After the CPI came out, it dipped a bit.
And then had been on a run up, all-time-highs.

Microstrategies is buying more at even these high prices.

Posted by: People's Hippo Voice at March 13, 2024 05:30 PM (yikga)

218 Biden is not throwing any money at the deficit. Is budget is 909% spent on normal Demo commie socialism and the rest is thrown at geer sh&t,

Posted by: vic at March 13, 2024 05:30 PM (A5THL)

219 I was intending to pay it off before the ARM term expired, but then Trump came and my monthly payment decreased.

Then Biden stole the White House and now I have to re-fi.
Posted by: kallisto at March 13, 2024 05:23 PM (dCxaZ)
_________________

That was the time to re-fi to 15- or 30-year fixed rate.

Posted by: Deplorable Jay Guevara at March 13, 2024 05:31 PM (Uzv0N)

220 We couldn’t afford our house in today’s market and interest rates with all the other cost increases. I would have to go back to work and get a real job that actually pays me. I

Posted by: Piper at March 13, 2024 05:31 PM (ZdaMQ)

221 BS green shit

Posted by: vic at March 13, 2024 05:31 PM (A5THL)

222 There is a nood.

Posted by: Zombie Groucho Marx at March 13, 2024 05:32 PM (PiwSw)

223 https://tinyurl.com/m5drt3dd
holy sheep
Posted by: BlackOrchid

When they say they want to enslave, believe them.

Posted by: Itinerant Alley Butcher at March 13, 2024 05:32 PM (cOq4q)

224 Well what do you mean by 'tight'?
The job market is usually looked at from the employee perspective. So I understand that to mean too many people chasing few jobs.

Posted by: Ciampino - more notches in the belt at March 13, 2024 05:32 PM (qfLjt)

225 How did a nood get in your pajamas??

Posted by: andycanuck (2yu8s) at March 13, 2024 05:32 PM (2yu8s)

226 For real inflation look at the long term prices of gold and silver.

Posted by: vic at March 13, 2024 05:33 PM (A5THL)

227 I don't remember the specific amounts but I heard something about Trump having a $1T budget, Biden having a $3T, and the next will be $7T

We're done. Prepare accordingly.
Posted by: Moron Robbie at March 13, 2024 05:29 PM (Wg1x4)

———-

Trump was 3.5 to 4 trillion then with Biden it jumped to 6 trillion.

Just think a 50% increase in spending in one year but they couldn’t afford a $5 billion for a border wall in 2017.

Posted by: MAGA_Ken at March 13, 2024 05:33 PM (++4z6)

228 It's a like a Friday up in here

@JudicialWatch 3h
BREAKING: Judicial Watch received 88 pages of ATF records from the DOJ in a lawsuit that show the CIA deployed personnel to Washington, DC, on January 6, 2021 (1/3). http://jwatch.us/KDig5d

Posted by: weft cut-loop at March 13, 2024 05:33 PM (IG4Id)

229 Not much worth reading in the Disgust comments.

Makes me so grateful for this place.

Posted by: pawn at March 13, 2024 05:33 PM (QB+5g)

230 NOOD

illegals

Posted by: Helena Handbasket at March 13, 2024 05:33 PM (llON8)

231 “employers are seizing on tight job market to cut wages”

At the same time they are price gouging and imposing shrinkflation despite record profits.

Must be good to live in leftist alternate reality where nothing you believe makes sense and it doesn't matter.

Posted by: Ripley at March 13, 2024 05:34 PM (JojsZ)

232 226 For real inflation look at the long term prices of gold and silver.
---------
Silver back over $25 today [$25.23 currently].

Posted by: andycanuck (2yu8s) at March 13, 2024 05:35 PM (2yu8s)

233 Got my 3% raise at the beginning of the year, which netted out to be an extra...100 bucks per paycheck. Yay. Was at the store yesterday - beef is still out of the question. Crappy stew meat and strip steak was 7 bucks a pound, but so was leg 'o lamb. Ground beef 5 bucks. Steak around 15 bucks. I think the ribeyes were 18. But, got pork loin for 2.50.

Posted by: Rhubarb Ranch at March 13, 2024 05:36 PM (kc0fx)

234 Gas has been in $3.40 range for awhile in se Pa, even when kn Delaware last month was only $.10 cheaper
Posted by: Skip at March 13, 2024 04:49 PM (fwDg9)

3.09 here.

Posted by: thatcrazyjerseyguy now with twice the crazy at March 13, 2024 05:36 PM (iODuv)

235 Chuy, you're at the top of the page at Insty.
Posted by: I am the Shadout Mapes, Freelance AoSHQ Link Wrangler at March 13, 2024 04:58 PM (PiwSw)


Wonderfully ironic that it's the 10th anniversary of LeMon speculating, during a midday, mainline news segment, as to whether an airplane missing over an expansive ocean fell into a black hole.

Posted by: Kevin in ABQ at March 13, 2024 05:37 PM (6IWQu)

236 Mid grade here was $3.29 yesterday. It's gone up 20 cents in two weeks.

Posted by: Notsothoreau at March 13, 2024 05:44 PM (yeEu9)

237 Wages?
We don't need no stinking wages!

Posted by: nurse ratched at March 13, 2024 05:50 PM (3bWKb)

238 226 For real inflation look at the long term prices of gold and silver.

There's a song in there somewhere.

Posted by: Burl Ives at March 13, 2024 05:56 PM (1ZFOy)

239 But if you ask them, they'll tell you they're perfectly correct about the labor market. This is what you get in a cuntified society in which "feelings" are more important than the truth.

First thing I learned in my labor economics course all too many years ago:

"When the labor market's tight, tell your boss to fly a kite
When the labor market's loose, doing that will cook your goose.

Posted by: go get your fuckin shine box at March 13, 2024 08:24 PM (kvDvI)

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