if anyone cares, data is available back through 2008. here's my annual (yoy) changes for the entire available period (starts in 2009 as you need previous year to calculate the change):
After-tax, corporate profits are up by less than 3% (2018Q1 v 2017 q1), which is puzzling as the tax cuts were significant....if a company was paying 35% and nothing else changed but the tax rate, then Q12018 after-tax income should have risen by about 23% (80%/65%-1).
>>>>>What does this mean in terms of how much more marijuana Nugs can buy? That's the #1 question
Oh Pillman county did you miss me? What no black people at the complex pool to call security on. How's your "no on pot" but "yes to opioid" state doing??
Yes, there is a huge economic boom and the way it has been orchestrated it will all come crashing the fuck down in four or five years. Trump is smart in the fact that he knows this and will prob tank the next election on purpose and get the fuck out outta dodge. I mean he’s gotta be looking for a way to rob the fuck out the country, right?
It still seems odd that corp profits apparently didn't rise (yet) after the corporate tax cuts (considering also the prior FRED profit charts....I don't get why the Times did it that way, unless to confuse people)
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 12:10 pm
if anyone cares, data is
if anyone cares, data is available back through 2008. here's my annual (yoy) changes for the entire available period (starts in 2009 as you need previous year to calculate the change):
Top of Page Bottom of Page PermalinkFull Name: New & Improved nedb
on Thursday, July 12, 2018 – 12:27 pm
Is this your hobby?
Is this your hobby?
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 12:29 pm
zoning?
zoning? zoning's a hobby. Economic analysis is more like my job.
David Frum tweeted a chart, I decided to see if it was accurate.
It was.
But I have more credibility, imho, than the guy Frum retweeted.
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Thursday, July 12, 2018 – 12:32 pm
I can see why you didn't
I can see why you didn't chart all the available data.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 12:39 pm
Would charting all the
Would charting all the available data changed anything about the implication of the chart, ender?
If so, how is the chart misleading?
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Thursday, July 12, 2018 – 12:40 pm
...
...
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Thursday, July 12, 2018 – 12:43 pm
>> If so, how is the chart
>> If so, how is the chart misleading?
It shows that over the long run wages aren't keeping up with inflation, regardless of who is president.
And as someone who is allocated to 90% equities, I'm sure you've familiar with how domestic corporate profits are faring under Trump.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 01:13 pm
>>> It shows that over the
>>> It shows that over the long run wages aren't keeping up with inflation, regardless of who is president.
ender,
if real wages grow, then, by definition, wages grew faster than inflation, correct?
So the bls data show that wages grew during 2008-2016, correct?
(hint, if the line goes up, that's a "yes")
https://data.bls.gov/timeseries/CES0500000032
Top of Page Bottom of Page PermalinkFull Name: 2 Room Shack Turtle
on Thursday, July 12, 2018 – 01:18 pm
i sure don't need a chart to
i sure don't need a chart to tell me how deep we are getting boned...
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Thursday, July 12, 2018 – 01:30 pm
>> (hint, if the line goes up
>> (hint, if the line goes up, that's a "yes")
The line goes up for the rich. Not for anyone else. No matter who is president.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 01:33 pm
>>>> And as someone who is
>>>> And as someone who is allocated to 90% equities, I'm sure you've familiar with how domestic corporate profits are faring under Trump.
Before-tax or after tax?
Before-tax they are down a bit during the first
pastyear of the Trump presidency (q12018 vs q12017):https://fred.stlouisfed.org/graph/?g=krDj
After-tax, corporate profits are up by less than 3% (2018Q1 v 2017 q1), which is puzzling as the tax cuts were significant....if a company was paying 35% and nothing else changed but the tax rate, then Q12018 after-tax income should have risen by about 23% (80%/65%-1).
https://fred.stlouisfed.org/graph/?g=krC0
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 01:35 pm
ender, you have a link to
ender, you have a link to data for your charts?
I'd be glad to look at the data for the Pew chart.
Top of Page Bottom of Page PermalinkFull Name: Briank Briank
on Thursday, July 12, 2018 – 01:39 pm
Well gents, maybe you can put
Well gents, maybe you can put it in real terms for the idiots like me:
I got a 1.5% cost of living pay increase, as well as shiny new medical deductibles and out of pocket max.
Am I getting fucked with lube or without?
Top of Page Bottom of Page PermalinkFull Name: thinthread hillman
on Thursday, July 12, 2018 – 01:44 pm
What does this mean in terms
What does this mean in terms of how much more marijuana Nugs can buy? That's the #1 question
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 01:51 pm
Here's FRED on median hourly
Here's FRED on median hourly real earnings (1982-1984 dollars): https://fred.stlouisfed.org/graph/?g=kbTC
From Q1 1997 through Q1 2017 (20 years), real median wages grew from 313 to 351, about 12%.
From Q1 2007 through Q1 2017 (10 years), real median wages grew from 336 to 351, about 4.5%
During the past year (Q12018 v Q12017), median real wages dropped slightly, from 351 to 350 (1982-84 dollars).
Hillman gets to the real point: weed prices have plunged, so all is good!
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Thursday, July 12, 2018 – 01:51 pm
>> ender, you have a link to
>> ender, you have a link to data for your charts?
It's BLS, not Pew. The data is here: https://www.bls.gov/
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 01:53 pm
Fine, you don't have a link
Fine, you don't have a link to the data.
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Thursday, July 12, 2018 – 01:53 pm
In the 12 months through June
In the 12 months through June, the CPI increased 2.9 percent, the biggest gain since February 2012.
>> I got a 1.5% cost of living pay increase, as well as shiny new medical deductibles and out of pocket max.
1.5% < 2.9%, so you got a pay cut over last year.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 01:56 pm
>>> I got a 1.5% cost of
>>> I got a 1.5% cost of living pay increase, as well as shiny new medical deductibles and out of pocket max.
>>> Am I getting fucked with lube or without?
probably without lube.
All else equal, cost of living increase should have been at least 2.1% (calendar year 2017: CPI(u) went from 244 to 249: https://fred.stlouisfed.org/graph/?g=krGA
Top of Page Bottom of Page PermalinkFull Name: 2 Room Shack Turtle
on Thursday, July 12, 2018 – 01:59 pm
so when they offer a 1-2%
so when they offer a 1-2% "raise" its really a pay cut...
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Thursday, July 12, 2018 – 02:00 pm
>> you don't have a link to
>> you don't have a link to the data.
Yeah, I can't figure out how to get quartile data frm this form: https://data.bls.gov/PDQWeb/le
>> so when they offer a 1-2% "raise" its really a pay cut...
Yeah, the only way I've found to get real non-inflationary raises is to switch jobs and/or get a promotion.
Top of Page Bottom of Page PermalinkFull Name: Alias botb
on Thursday, July 12, 2018 – 02:27 pm
SAINT STEPHEEEEEEN!!!
SAINT STEPHEEEEEEN!!!
Top of Page Bottom of Page PermalinkFull Name: Zebrachaser Phanatically
on Thursday, July 12, 2018 – 04:14 pm
i guess no one has a 401k
i guess no one has a 401k here?
Top of Page Bottom of Page PermalinkFull Name: Oaksterdam Dan Nugstradamus
on Thursday, July 12, 2018 – 05:27 pm
>>>>>What does this mean in
>>>>>What does this mean in terms of how much more marijuana Nugs can buy? That's the #1 question
Oh Pillman county did you miss me? What no black people at the complex pool to call security on. How's your "no on pot" but "yes to opioid" state doing??
Top of Page Bottom of Page PermalinkFull Name: thinthread hillman
on Thursday, July 12, 2018 – 05:34 pm
what in the fuck are you
what in the fuck are you on about nugs? i have no idea what this opioid shit is you're spewing, please elaborate
oh wait
marijuana
mumble
fascists/nazis
mumble
marijuana
mumble
feel the bern
mumble
marijuana
eliminate electoral college
mumble
marijuana
mumble
marijuana
mumble
alternet
mumble
marijuana
got it
Top of Page Bottom of Page PermalinkFull Name: Bucky Badger On Wisconsin
on Thursday, July 12, 2018 – 05:36 pm
Ooof
Ooof
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, July 12, 2018 – 06:30 pm
>>> i guess no one has a
>>> i guess no one has a 401k here?
you are new, huh.
hillman's entertaining me in this thread
Top of Page Bottom of Page PermalinkFull Name: 2 Room Shack Turtle
on Thursday, July 12, 2018 – 06:43 pm
pillman, lol.
pillman, lol.
Top of Page Bottom of Page PermalinkFull Name: Barrel Aged jamjuice
on Thursday, July 12, 2018 – 06:59 pm
...
Top of Page Bottom of Page PermalinkFull Name: _________ Plf9905
on Thursday, July 12, 2018 – 07:04 pm
TRUMP Was Secretly at Build A
TRUMP Was Secretly at Build A Bear Events Across America............Epic Fail.
Top of Page Bottom of Page PermalinkFull Name: Across thegreatdivide
on Thursday, July 12, 2018 – 09:27 pm
candyfrog ain't new,
candyfrog ain't new.
Top of Page Bottom of Page PermalinkFull Name: Old Fart Message Board Mr_timpane
on Friday, July 13, 2018 – 05:53 pm
Yes, there is a huge economic
Yes, there is a huge economic boom and the way it has been orchestrated it will all come crashing the fuck down in four or five years. Trump is smart in the fact that he knows this and will prob tank the next election on purpose and get the fuck out outta dodge. I mean he’s gotta be looking for a way to rob the fuck out the country, right?
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Saturday, July 14, 2018 – 10:17 am
What boom?
What boom?
Did you miss the charts?
Or are you listening to the orange shitgibbon?
https://www.factcheck.org/2018/07/trump-inflates-gdp-growth/
In an interview with The Sun in England, President Donald Trump claimed “the GDP since I’ve taken over has doubled and tripled.”...
"doubled and tripled”
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Saturday, July 14, 2018 – 01:58 pm
followup on wages and
follow up on wages and corporate profits:
https://www.nytimes.com/2018/07/13/business/economy/wages-workers-profit...?
It still seems odd that corp profits apparently didn't rise (yet) after the corporate tax cuts (considering also the prior FRED profit charts....I don't get why the Times did it that way, unless to confuse people)