I think that's your local taxes. Our local gas tax went up since then, and even post-tax, the gas prices are still only $0.40 higher per gallon, and part of that is summer/winter formulation costs.
No. Trump has now been president in all four seasons, and in all four, gasoline has been up. It's a national average of $0.80 to $1.00 higher under your big, wet, baby President.
It is not credible to suggest inflation is running around 12%. If you do the math, then given nominal wage increases then that's a 10% reduction in real wages each year, which would have taken everyone on median wages into absolute and abject poverty over a decade, which clearly has not happened.
Not poverty...debt. Which is exactly what has happened. Consumer debt is at record levels.
Except it's not. When pork goes up, the CPI assumes people will move to beef, and then fish when beef goes up. At some point, people start eating cheaper cuts and then less and less meat.
You don't have to do this just with meat. Consider it with every food category. If coffee goes up, what are you going to start drinking in the morning? (they eventually took coffee out of the CPI).
See, the problem is, this CPI shell game has been going on forever. You begin to run out of substitutes, eventually. At some point, you start eating hamburger helper with no hamburger, but the government can still say, "There's no inflation!" Gas has gone up about a buck a gallon since Trump took office. That 30% doesn't get counted in the CPI.
That's why things like education, health care, fuel and other things for which there is no roughly equivalent substitute, eventually just got taken out of the CPI so the government could continue to tell us that "All's well! Nothing to see here!"
So what you're saying is the drop in the Obama Administration wasn't just 5-6%, but it was closer to 20%?
No, the average CPI increase under Obama was less than it has been under Trump. Wage growth was better under Obama. Employment gains, in both the regular unemployment and the U6 measurement which includes total workforce participation, all did better under Obama. There is not a single economic indicator under Trump that does anything but continue the trajectory established by the Obama administration.
Except one: The Dow is down for the year 2018 so far, and it's already July. It was highest before the Trump/GOP tax bill hit and it's now about 2500 points off it's high. There was never a 6 month period under Obama where the DOW decreased that much. Never.
The "constant dollar" measure is virtually worthless. It's based entirely on the Consumer Price Index, which is a number derived from a "basket" of goods that is adjusted at the will of the government. For example, it doesn't count education costs, or fuel costs, or medical costs. Let's say the price of chicken goes way up. Well, the CPI adjusts by assuming people will just eat pork instead. If something gets too expensive, it just gets taken out of the index entirely.
The actual rate of inflation is much closer to 10-12% than the 2.2% the government publishes. If you take that into account, you will find that no, the income per capita has not increased since 1970. In fact, it has declined for most workers, precipitously.
As a side note: even if you accept the government's inflation number, then most workers have lost ground since Trump's tax cut bill was passed in January. According to Trump's own Bureau of Labor Statistics (see pages 7-8)
I know that even at a pace of building a new nuclear reactor in even 24 months that could take decades to replace all the coal power in the world.
I have no problem with building nuclear plants, as long as private industry is only involved in a limited role as contractors, and then the plants are owned and operated by the federal government.
Do we have a deal? Is it worth saving the world from climate change if we take the profit out of it?
Why are the reviews for all of the big streaming services, Netflix, Amazon, Hulu so utterly useless? They have no relationship to whether or not I will enjoy something or even whether it's any good or not.
At the same time, with a little bit of judicious discernment, reviews for products on the Amazon site itself, or on Steam, are still very useful (especially when combined with the "questions and answers" on Amazon or the discussion threads on Steam.
They should be able to do better. When Spotify or Pandora make me a daily mix or whatever, they're pretty accurate at predicting what I will like (though not across genres, for some reason). The same should be true for the streaming video services. If Google can predict when I'm going to want a new string-winder for my ukulele, these other big companies should be able to read my goddamn mind too.
You've never been to China, let alone done business there, have you?
I sure have. I studied there in the early 2000's. I've also seen them build massive projects in what seems like overnight. Limited zoning and safety regulations. When they want a big, public works project to go up, it goes UP.
So no, I don't believe you or your citation from...*squints at notes*...something called "rediff".
Maybe if you would stop talking out of your ass, you would know that after Fukushima, there was a large comprehensive review of China's nuclear policies and their plans
Oh noes! Not a review of safety standards! How did they ever manage to finish this glorious AP1000?
I imagine there was a lot less regulatory red tape back in the 1930's than there is today.
Sure dummy. There's more "regulatory red tape"...in China.
"The Sanmen 1 nuclear reactor in Zhejiang, China, has been synchronized to the power grid and is generating power. The reactor has been under construction for nine years and became the first AP1000 in the world to achieve criticality on June 21, 2018. "
Are Anonymous Cowards getting stupider or am I getting smarter? I can't tell any more.
Personally, I don't much care for Durham, but Raleigh is a fantastic place to live
Yeah, Raleigh is a pretty nice city with some excellent, if inauthentic BBQ. But there are still enough Trump voters in the region to skew the averages way down.
They don't live in California, so they're probably all cavemen, useless to expect civilized behaviour from them.
Yes, that was my point, although California is not the only civilized part of the US. There's also New York, Chicago, Minneapolis, Seattle, etc.
Oh, especially when it's gone up %1300. Because that means most of the money invested in Bitcoin was done when it was above $10,000. Those people got slaughtered. And since many of the people who got in early added to their portfolios as it went up, they got hurt, too.
Right now, the only think keeping it afloat is that the Wall Street guys are doing the reverse of the "pump and dump", trying to get out of bitcoin. Once they do, you won't be able to buy a Beanie Baby with a bitcoin.
The thing is, most people don't care about that. We long ago passed the point where increasing the resolution or polygon count makes any difference to how good a game it is. Having powerful hardware is probably less important today than it's ever been. Even a phone can now produce better graphics than a PS3! All the hardware makers are trying to convince us we desperately need to run everything at 4K, but as far as I'm concerned, even 720p looks great.
Except, I can play the latest games on hardware that couldn't play them on any resolution, much less 720p. It's very common to find new games that will no longer play on first-generation i5 or i7 processors, much less an old duo-core laptop. With GeForce NOW (and I assume other cloud gaming services) I can do that.
Are you sure you want to pull politics into the discussion while representing the blue states of feminists who believe it's empowerment to not shave, to not bathe (because it's apparently a statement against he patriarchy to not run basic hygiene like "proper" women should), and also the blue states where having sex using the holes you shit from is considered a virtue in addition to the newly emerged virtue medal of getting stomach parasites from such fine hygienic blue state activities as anal rimming? Let's not forget fat activism is mainly run by the blue, and those spend a good part of their life never able to reach between certain blubber parts of the body where filth is allowed to accumulate. I can go on.
Dude, you think way too much about anus. It's a beautiful day and it's a holiday weekend. Go outside and have some fun.
The study involved 383 people in six test kitchen facilities in the metro Raleigh-Durham area of North Carolina and in rural Smithfield, North Carolina,
Is it really front-page news that people in red states don't know how to wash their hands?
Slashdot Mirror
I know they look alike, but that's actually Ayn Rand. It's a common mistake.
Can you give an example of the price of anything that's not the result of "supply and demand and politics"?
No. Trump has now been president in all four seasons, and in all four, gasoline has been up. It's a national average of $0.80 to $1.00 higher under your big, wet, baby President.
Not poverty...debt. Which is exactly what has happened. Consumer debt is at record levels.
Except it's not. When pork goes up, the CPI assumes people will move to beef, and then fish when beef goes up. At some point, people start eating cheaper cuts and then less and less meat.
You don't have to do this just with meat. Consider it with every food category. If coffee goes up, what are you going to start drinking in the morning? (they eventually took coffee out of the CPI).
See, the problem is, this CPI shell game has been going on forever. You begin to run out of substitutes, eventually. At some point, you start eating hamburger helper with no hamburger, but the government can still say, "There's no inflation!" Gas has gone up about a buck a gallon since Trump took office. That 30% doesn't get counted in the CPI.
That's why things like education, health care, fuel and other things for which there is no roughly equivalent substitute, eventually just got taken out of the CPI so the government could continue to tell us that "All's well! Nothing to see here!"
No, the average CPI increase under Obama was less than it has been under Trump. Wage growth was better under Obama. Employment gains, in both the regular unemployment and the U6 measurement which includes total workforce participation, all did better under Obama. There is not a single economic indicator under Trump that does anything but continue the trajectory established by the Obama administration.
Except one: The Dow is down for the year 2018 so far, and it's already July. It was highest before the Trump/GOP tax bill hit and it's now about 2500 points off it's high. There was never a 6 month period under Obama where the DOW decreased that much. Never.
The "constant dollar" measure is virtually worthless. It's based entirely on the Consumer Price Index, which is a number derived from a "basket" of goods that is adjusted at the will of the government. For example, it doesn't count education costs, or fuel costs, or medical costs. Let's say the price of chicken goes way up. Well, the CPI adjusts by assuming people will just eat pork instead. If something gets too expensive, it just gets taken out of the index entirely.
https://www.forbes.com/sites/p...
The actual rate of inflation is much closer to 10-12% than the 2.2% the government publishes. If you take that into account, you will find that no, the income per capita has not increased since 1970. In fact, it has declined for most workers, precipitously.
As a side note: even if you accept the government's inflation number, then most workers have lost ground since Trump's tax cut bill was passed in January. According to Trump's own Bureau of Labor Statistics (see pages 7-8)
https://www.bls.gov/web/eci/ec...
Remember that story about how Americans' paychecks were going to go up by $4000 thanks to the tax cuts? It was a lie.
I have no problem with building nuclear plants, as long as private industry is only involved in a limited role as contractors, and then the plants are owned and operated by the federal government.
Do we have a deal? Is it worth saving the world from climate change if we take the profit out of it?
Watch it? We're living it.
Why are the reviews for all of the big streaming services, Netflix, Amazon, Hulu so utterly useless? They have no relationship to whether or not I will enjoy something or even whether it's any good or not.
At the same time, with a little bit of judicious discernment, reviews for products on the Amazon site itself, or on Steam, are still very useful (especially when combined with the "questions and answers" on Amazon or the discussion threads on Steam.
They should be able to do better. When Spotify or Pandora make me a daily mix or whatever, they're pretty accurate at predicting what I will like (though not across genres, for some reason). The same should be true for the streaming video services. If Google can predict when I'm going to want a new string-winder for my ukulele, these other big companies should be able to read my goddamn mind too.
And China comes in 78th in the world [worldbank.org] for ease of doing business.
No wonder nobody does business in China.
I sure have. I studied there in the early 2000's. I've also seen them build massive projects in what seems like overnight. Limited zoning and safety regulations. When they want a big, public works project to go up, it goes UP.
So no, I don't believe you or your citation from...*squints at notes* ...something called "rediff".
I feel the same way about the Department of Homeland Security.
Oh noes! Not a review of safety standards! How did they ever manage to finish this glorious AP1000?
Sure dummy. There's more "regulatory red tape"...in China.
Are Anonymous Cowards getting stupider or am I getting smarter? I can't tell any more.
Nine years! It took five years to build Hoover Dam, and that was in the early 1930's.
Yeah, Raleigh is a pretty nice city with some excellent, if inauthentic BBQ. But there are still enough Trump voters in the region to skew the averages way down.
Yes, that was my point, although California is not the only civilized part of the US. There's also New York, Chicago, Minneapolis, Seattle, etc.
Oh, especially when it's gone up %1300. Because that means most of the money invested in Bitcoin was done when it was above $10,000. Those people got slaughtered. And since many of the people who got in early added to their portfolios as it went up, they got hurt, too.
Right now, the only think keeping it afloat is that the Wall Street guys are doing the reverse of the "pump and dump", trying to get out of bitcoin. Once they do, you won't be able to buy a Beanie Baby with a bitcoin.
This ain't even gambling. I can do a lot better at the blackjack tables than people who buy bitcoin in 2018.
Dude, correction territory is a 10-15% decline. $20k to $5k isn't a correction, it's a goddamn bloodbath.
That sounds like the beginning of the gayest Letter to Penthouse ever.
Except, I can play the latest games on hardware that couldn't play them on any resolution, much less 720p. It's very common to find new games that will no longer play on first-generation i5 or i7 processors, much less an old duo-core laptop. With GeForce NOW (and I assume other cloud gaming services) I can do that.
Dude, you think way too much about anus. It's a beautiful day and it's a holiday weekend. Go outside and have some fun.
Is it really front-page news that people in red states don't know how to wash their hands?
Thank you. The locals say it's gotten a lot better since people like you left.