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stevevw

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Paaarp. That's a fail. But I'll note that we've gone from tripling to 'almost trippling.' Which is still a claim that can't even be described as hyperbole. So the rest of your post was again ignored.

You can't base a post on something that is patently untrue and then run off in all directions based on that farcical claim. Just imagine you're having a debate with a guy in a bar. You start your point by saying that the cost of living has tripled and...there'll be an immediate interjection. 'Whoa, whoa, buddy. That's obviously not the case.'

So you have to adjust your claim to something sensible so the discussion can continue. You haven't. So it can't.
Ah a got ha moment lol. Once again it all depends on how you read the stats. For example food prices since the pandemic have risen around 25% which is well above the avergae inflation rate. So food prices have increased way faster than inflation.

Pre inflation was around 2.2% and if we average out from 2020 when covid began to now thats an avergae of 6.25% a year. Almost tripple inflation. That is what the average person on the street experiences not the bankers in cosy offices.

Inflation has plummeted but these prices are still soaring
Prices for some staples are rising six times faster than overall inflation.

Food Prices Have Increased Faster Than Overall Inflation Since the Pandemic

So your right I was hyperboling to make a point that the cost of living has gone up faster than it did pre covid where inflation was ticking along at aan average of about 2.1%. Thats the reality on the streets and why most feel the economy is not as great as the experts claim.
 
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stevevw

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Like "leftist"
Thats what those on the Left are called who are more radical. No one says that using a descriptive name of a group which besat captures their position is wrong. We all do it. Like many call the Right traditionalist or conservatives.

The issue is when that label is used as a reality for everyone. I have never said all on the Left are radical leftists and have clarified there is a variety of beliefs and views within groups.

The issue with identity politics is that the ideology sees the all people only by their identity group and dismiss individuality. So its not that people don't form groups and that we can identify that as part of who we are. Its that the ideology makes the group identity the only measure of reality and kills off the individuality.
 
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BCP1928

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Ah a got ha moment lol. Once again it all depends on how you read the stats. For example food prices since the pandemic have risen around 25% which is well above the avergae inflation rate. So food prices have increased way faster than inflation.

Pre inflation was around 2.2% and if we average out from 2020 when covid began to now thats an avergae of 6.25% a year. Almost tripple inflation. That is what the average person on the street experiences not the bankers in cosy offices.

Inflation has plummeted but these prices are still soaring
Prices for some staples are rising six times faster than overall inflation.

Food Prices Have Increased Faster Than Overall Inflation Since the Pandemic

So your right I was hyperboling to make a point that the cost of living has gone up faster than it did pre covid where inflation was ticking along at aan average of about 2.1%. Thats the reality on the streets and why most feel the economy is not as great as the experts claim.
But you are confusing two different issues:

!. How big is the pie?
2. How big a piece of the pie does the workforce get?

The economy (the pie) is strong and growing. That your share is smaller is a different issue.
 
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BCP1928

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Thats what those on the Left are called who are more radical. No one says that using a descriptive name of a group which besat captures their position is wrong. We all do it. Like many call the Right traditionalist or conservatives.

The issue is when that label is used as a reality for everyone. I have never said all on the Left are radical leftists and have clarified there is a variety of beliefs and views within groups.

The issue with identity politics is that the ideology sees the all people only by their identity group and dismiss individuality. So its not that people don't form groups and that we can identify that as part of who we are. Its that the ideology makes the group identity the only measure of reality and kills off the individuality.
Everybody has an identity. If they share some characteristic of their identity with others, they are likely to form a group, especially if they have been abused or discriminated against in some way because of that characteristic. They don't lose their identity because they are in a group.
 
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stevevw

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Which is exactly what you are doing, what you have done continuously ever since you joined this forum. That is why I am making fun of you about it. We have noticed, despite your hope.
Actually I am not. I am referring directly to the data and expert opinion, in this case it was a government agencies on economics. So the story so to speak which is actually the direct data is not a myth.
 
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stevevw

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But you are confusing two different issues:

!. How big is the pie?
2. How big a piece of the pie does the workforce get?

The economy (the pie) is strong and growing. That your share is smaller is a different issue.
What, its not a different issue. Its economics from the lofty heights of economic data which could be seen in more than one way to the person on the street. No sense if the economy is growing while the average person is still spending more of the chunk of money they get on outgoings. They aren't making any profits but actually losing out.

The supermarkets put the prices up and the economies growing, profits are growing. But the average person is on struggle street, rents are unaffordable, homeless increases, people choosing between paying the power bill or fixing the car or even putting food on the table.

U.S. homelessness up 12 percent to highest reported level as rents soar and pandemic aid lapses

Amid inflation, more middle-class Americans struggle to make ends meet
Nearly three-quarters, or 72%, of middle-income families say their earnings are falling behind the cost of living, up from 68% a year ago. As is often cited, the share of adults who live in middle-class households is shrinking. Now, 50% of the population falls in this group as of 2021, down from 61% 50 years earlier. Financial well-being is deteriorating overall, according to a recent “Making Ends Meet” report by the Consumer Financial Protection Bureau.

Australia is in exactly the same position and for the first time in history this generation cannot afford a home. Thats not just the fault of Biden but of both sides of politics feeding a broken system that has created an increasing poorer class and a small number of elite, politicians included. Their only interest is in keeping that wealth and power and not our best interests.
 
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BCP1928

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What, its not a different issue. Its economics from the lofty heights of economic data which could be seen in more than one way to the person on the street. No sense if the economy is growing while the average person is still spending more of the chunk of money they get on outgoings. They aren't making any profits but actually losing out.

The supermarkets put the prices up and the economies growing, profits are growing. But the average person is on struggle street, rents are unaffordable, homeless increases, people choosing between paying the power bill or fixing the car or even putting food on the table.

U.S. homelessness up 12 percent to highest reported level as rents soar and pandemic aid lapses

Amid inflation, more middle-class Americans struggle to make ends meet
Nearly three-quarters, or 72%, of middle-income families say their earnings are falling behind the cost of living, up from 68% a year ago. As is often cited, the share of adults who live in middle-class households is shrinking. Now, 50% of the population falls in this group as of 2021, down from 61% 50 years earlier. Financial well-being is deteriorating overall, according to a recent “Making Ends Meet” report by the Consumer Financial Protection Bureau.

Australia is in exactly the same position and for the first time in history this generation cannot afford a home. Thats not just the fault of Biden but of both sides of politics feeding a broken system that has created an increasing poorer class and a small number of elite, politicians included. Their only interest is in keeping that wealth and power and not our best interests.
Yes, the pie is growing but the piece left over for the workers is smaller. The reasons the pie are growing is not the same as the reason the worker's share is getting smaller.


One of the possibilities being discussed in this thread is that the Biden government is lying about the strength of the economy as pert of a scheme to crash it in order to impose totalitarian socialism. What do you think?
 
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BPPLEE

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Yes, the pie is growing but the piece left over for the workers is smaller. The reasons the pie are growing is not the same as the reason the worker's share is getting smaller.


One of the possibilities being discussed in this thread is that the Biden government is lying about the strength of the economy as pert of a scheme to crash it in order to impose totalitarian socialism. What do you think?
There has to be some reason for what they do
 
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BPPLEE

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#810, “There has to be some reason for what they do”

And what, in your estimation, is that “reason”?
One of the possibilities being discussed in this thread is that the Biden government is lying about the strength of the economy as pert of a scheme to crash it in order to impose totalitarian socialism. What do you think?
 
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ralliann

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One of the possibilities being discussed in this thread is that the Biden government is lying about the strength of the economy as pert of a scheme to crash it in order to impose totalitarian socialism. What do you think?
And who is that government? They can stay anonymous with Biden. Therefore, be bold about it.,,,,
 
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Pommer

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One of the possibilities being discussed in this thread is that the Biden government is lying about the strength of the economy as pert of a scheme to crash it in order to impose totalitarian socialism. What do you think?
Is Jerome Powell “in on it”?
(This deserves “better”)

Lemme get this straight, this “possibility“ of the Biden Administration “cooking-the-books” to make it seem “things are better!”, is something that career bureaucrats would do, voluntarily?

AND “keep it secret” from the MSM, (or wait, the MSM are in-on-it too!?).
Wait, no the MSM loves Trump as President, he sold a lot of “papers”, he rescued the NYT and WP single-handedly.

So if this “possibility“ is true, I think that that’s great evidence that this Biden fella has “got-the-chops” and should be in charge of a government that leaks like a sieve getting such a “project” to succeed!
 
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BCP1928

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There has to be some reason for what they do
There is, but it has nothing to do with "woke" or manipulating the economy in order to impose totalitarian socialism or any of the other preposterous MAGA conspiracies we hear about in this forum. Just ordinary corporate capitalism in action.
 
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stevevw

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You were 'hyperboling'? No, you were making things up and then basing an argument on them. Just stop.
Then show me where I made stuff up. Otherwise you should 'stop' making these unsupported claims.
 
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A2SG

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One of the possibilities being discussed in this thread is that the Biden government is lying about the strength of the economy as pert of a scheme to crash it in order to impose totalitarian socialism. What do you think?
It sounds like a pretty preposterous and not very interesting idea for a novel. Though, it may need to be fleshed out a bit.

Maybe an experienced fiction author could take a crack at it.

-- A2SG, maybe Tom Cruise could option it for the movie....
 
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