American Economics Thread

chgough34

Junior Member
Registered Member
Even assuming this bad faith right-wing rage bait is accurately describing the situation - it is quite literally just a single “university”

“The focus on racial diversity has coincided with a dramatic shift in the racial and ethnic composition of the medical school, where the number of Asian matriculants fell by almost a third between 2019 and 2022, according to publicly available data. No other elite medical school in California saw a similar decline.”
UCLA’s School of Medicine has one of the highest MCAT and GPA levels out of any medical school so the entire basis of “lower admissions standards” just has no basis whatsoever /
Please, Log in or Register to view URLs content!
 

MortyandRick

Junior Member
Registered Member
UCLA’s School of Medicine has one of the highest MCAT and GPA levels out of any medical school so the entire basis of “lower admissions standards” just has no basis whatsoever /
Please, Log in or Register to view URLs content!
Wow you're really triggered by this new article.

Entrance GPA and MCAT does not predict further success in medical school. It's an entirely different curriculum and structure of teaching and material to absorb. Thua having a high entrance marks doesnt mean success in the medical school. Perhaps without affirmative action, they could have gotten even better GPA and MCAT scores.
Nvidia financial statements are out today and they are absolutely fabulous. Revenue up 262% and profits up 461%.

“The company saw adjusted earnings per share (EPS) for the quarter of $6.12 on revenue of $26 billion, a jump of 461% and 262%, respectively, from a year ago.”

not only that, Nvidia’s guidance was for earnings in the next quarter to be $28 billion which is an increase in revenue of 7.7% Annualized, Nvidia expects to grow its revenue by 34.5% even though it’s already absolutely massive. Incredible. Amazing.

Please, Log in or Register to view URLs content!
Please, Log in or Register to view URLs content!

Tesla stock is dropping like a stone. Simply amazing.

Even with Nvidia earnings, the entire stock market is falling and failed to be proper up by one company doing well. Incredible, amazing drop.

Please, Log in or Register to view URLs content!
 

chgough34

Junior Member
Registered Member
Wow you're really triggered by this new article.

Entrance GPA and MCAT does not predict further success in medical school. It's an entirely different curriculum and structure of teaching and material to absorb. Thua having a high entrance marks doesnt mean success in the medical school. Perhaps without affirmative action, they could have gotten even better GPA and MCAT scores.
I mean, the basis of the article was that race predominates at UCLA School of Medicine. It clearly isn’t. GPA and MCAT are the most consistent, uniform and objective measures across undergraduate medical admissions. If race predominated, UCLA’s GPA and MCAT scores would be lower (the implication of the “unqualified” students - clearly they aren’t).
Please, Log in or Register to view URLs content!

Tesla stock is dropping like a stone. Simply amazing.

Even with Nvidia earnings, the entire stock market is falling and failed to be proper up by one company doing well. Incredible, amazing drop.

Please, Log in or Register to view URLs content!
The S&P 500 is up 11% YTD, the Nasdaq Composite is up 13.3% YTD, and the DJIA is up 3.6% YTD
 

MortyandRick

Junior Member
Registered Member
I mean, the basis of the article was that race predominates at UCLA School of Medicine. It clearly isn’t. GPA and MCAT are the most consistent, uniform and objective measures across undergraduate medical admissions. If race predominated, UCLA’s GPA and MCAT scores would be lower (the implication of the “unqualified” students - clearly they aren’t).
Like I said. GPA and MCAT doesn't guarantee success later on in med school. Perhaps if it weren't for affirmative action, the intake GPA would be higher and other factors would allow these students to do better in med school. Either way, research and ranking of the school has dropped. And unless you have insider info stating that these students are not failing their exams, and those comments quoted by the article are false, then most are inclined to believe what they wrote.

The S&P 500 is up 11% YTD, the Nasdaq Composite is up 13.3% YTD, and the DJIA is up 3.6% YTD
And yet us GDP real growth was 1.6%, much better expectations. We can cherry pick numbers all day. Yiu lauded Nvidia with amazing stock growth, Tesla had amazing stock decline.
 

chgough34

Junior Member
Registered Member
Like I said. GPA and MCAT doesn't guarantee success later on in med school. Perhaps if it weren't for affirmative action, the intake GPA would be higher and other factors would allow these students to do better in med school.
If affirmative action predominated (as the article claimed), the GPA and MCAT would be lower amongst medical schools, not be one of the highest. It’s also California where affirmative action has been banned for 30+ years.
Either way, research and ranking of the school has dropped. And unless you have insider info stating that these students are not failing their exams, and those comments quoted by the article are false, then most are inclined to believe what they wrote.
I simply would not trust right-wing rage bait to report on race, and higher education in good faith. Regardless - there is a forum that predates the article by one month where medical students at UCLA blamed the botched implementation of a new curricular standard. Henceforce, why UCLA was the only school in California to experience such changes.
Please, Log in or Register to view URLs content!

And yet us GDP real growth was 1.6%, much better expectations. We can cherry pick numbers all day. Yiu lauded Nvidia with amazing stock growth, Tesla had amazing stock decline.
Nah. Nvidia is clearly the most high-profile US corporate right now, and the three broad market indices are all performing quite well.
 

HighGround

Junior Member
Registered Member
You can't blame affirmative action when the only real objective measures, are trending up.

Otherwise it's just racism or cultural racism.

Not that I am claiming that race-based affirmative action doesn't exist. It obviously
Please, Log in or Register to view URLs content!
.
 

MortyandRick

Junior Member
Registered Member
If affirmative action predominated (as the article claimed), the GPA and MCAT would be lower amongst medical schools, not be one of the highest. It’s also California where affirmative action has been banned for 30+ years.

I simply would not trust right-wing rage bait to report on race, and higher education in good faith. Regardless - there is a forum that predates the article by one month where medical students at UCLA blamed the botched implementation of a new curricular standard. Henceforce, why UCLA was the only school in California to experience such changes.
Please, Log in or Register to view URLs content!
Doesn't matter. When staff indicate these students are not knowledgeable and they fail exams, the results speak for themselves that they are not doing well.

Nah. Nvidia is clearly the most high-profile US corporate right now, and the three broad market indices are all performing quite well.
Doesn't take away from the fact that us economy missed growth in the 1st quarter even with higher indices so the US economy is not performing as well as expected.
 

chgough34

Junior Member
Registered Member
Doesn't matter. When staff indicate these students are not knowledgeable and they fail exams, the results speak for themselves that they are not doing well.
If your entire basis is that “US universities are collapsing because of affirmative action” ends up turning into “a single highly selective US medical school is performing poorly due to idiosyncratic curricular changes”; that cuts into your original hypothesis - a lot.
Doesn't take away from the fact that us economy missed growth in the 1st quarter even with higher indices so the US economy is not performing as well as expected.
1.6% is trend-growth for the U.S. (the generally accepted estimate for non-inflationary growth is slightly sub-2%). So it fits.
 

MortyandRick

Junior Member
Registered Member
If your entire basis is that “US universities are collapsing because of affirmative action” ends up turning into “a single highly selective US medical school is performing poorly due to idiosyncratic curricular changes”; that cuts into your original hypothesis - a lot.
Kind of like cherry picking individual data to support ones underlying hypothesis right?

1.6% is trend-growth for the U.S. (the generally accepted estimate for non-inflationary growth is slightly sub-2%). So it fits.
No. It's 40% below estimates.
 
Top