I never put people on ignore list but I would stop replying. It is wasted of time. His moving of the goal post too often that I ended up debating with many things that are not relevant.
American Economics Thread
- Thread starter Bernard
- Start date
Dude, that guy can debate all he wants using "data" and moving goalposts. But I bet that he knows the truth whenever he goes to the grocery stores, or pays his rent. Or maybe he doesn't do that at all. I mean, based on how far his "data" is from reality he is probably as out of touch with the outside world as Brandon. Honestly his tone is pretty close to somebody who really wants to pretend US is not going downhill.
So you guys ignore the actual statistics, and then you ignore the actual pictures of my local grocery store.
I don't know what to tell you. I don't have an agenda here, but you guys have a specific version of events you want to believe, and refuse to deviate from that belief regardless of what information you are presented with.
Unlike @KYli and you, I don't look for facts to affirm my worldview. I do the exact opposite, I change my mind and beliefs in accordance with facts and reality as they are. That's how I avoid confirmation bias.
But go on and keep stroking each other's egos about how you "owned" sleepstudent or whoever you think I am. It doesn't make you look more intelligent, it just demonstrates your own ignorance. Maybe no ton this Forum or whatever, since you're all friends, but certainly to any passerby who has no horse in this race.
Well, tell me. Do you live in North America? You can make yourself sound so high and mighty, but in the end you'll know what the truth is when you see it with your eyes. Trust me, I know that governments in NA try to make the data look as rosy as possible, because inflation is a self-fulfilling prophecy and nobody wants to openly claim that inflation is rampant. But this is a random forum on the internet which no impact on global economic trends, so there is no point hiding the obvious from us. We (at least some of us) live in North America, you know.
Yes. I've indicated rather clearly that I live in and around Seattle, one of the most expensive metropolitan areas in the States. I've also studied economics, and am taking a break from my grad program in Economics.
This is why I know my way around these numbers, they're not unfamiliar to me, and why I'm acutely aware of the prices and inflation over the last 2-3 years. It's not some distant phenomena to me. This is where I work, live, and pay bills.
Mate, questioning statistics like this is childish. No data is going to be perfect, but the rejection of CPI as if the numbers are "cooked" is akin to Western media constantly "suggesting" that China cooks their books and that the Chinese economy isn't really that big.
It's becoming increasingly fashionable to question economic data, despite there being no indicator that it's inaccurate. In fact, basic data reporting in United States is constantly revised. Job gain numbers, for example, have been consistently underreported, which runs counter to the goals of any presidential administration that seeks to maximize such numbers for the press.
But that's not the only way we know that the numbers aren't cooked. They are generally corroborated by independent third-party data trackers, as well as hundreds of other state and county level agencies. This sort of national level data is also relied upon by trillions of capital that invests and makes decision based on these economic report.
Is it always going to be perfectly accurate? As I previously stated, no. Nothing is.
Anyway, I don't know what people's beef is with the argument I made, it was perfectly civil before it devolved because you didn't like what I said, though I suspect you didn't actually read what I said carefully.
As @KYli himself noted, 7-9% of annual inflation is already a significant burden for most people, which is why an overall rise of 50% or 100% in living expenses for most people simply isn't something that happened. As I repeatedly emphasized. Similarly, people's rent suddenly going up 50%, could happen. As I noted, anecodtal evidence exists, but anecdotal evidence is not a basis on which to make a rather broad and sweeping generalization.
As I emphasized, rent increases have been significant, but much more modest than headlines have suggested. Not to mention that prices have largely stabilized in the last 3-6 months, which is something I've noted since the beginning of the entire conversation. But of course, that's been repeatedly dismissed and overlooked because apparently I'm actually some guy named sleepstudent and I've been trolling you this whole time.
Whatever. If you guys want to insist CPI numbers are cooked, that I'm actually some CIA stooge, all up to y'all. I've been wasting my time in good faith, so you guys just keep on throwing insults if it makes you feel better. Everyone copes in their own way.
Wrap it up gang, we're arguing with an economist in training. You know what they say about economists
.
supercat
Major
Guess which country has the lowest life expectancy:
'Murican problems require 'Murican solutions.