American small businessman schools rep on austerity

Discussion in 'Politics' started by Ricter, May 1, 2013.

  1. pspr

    pspr

    Since his charts come from http://www.earth-policy.org/ who states their moto as "Providing a Plan To Save Civilization" I would imagine the charts are suspect even though they say USDA. It looks like just another environmentalist site that can't be trusted to provide truthful data.
     
    #61     May 4, 2013
  2. Ricter

    Ricter

    Well done, sir.
     
    #62     May 4, 2013
  3. piezoe

    piezoe

    I would disagree with both you and Ricter on this point. This is opinion, of course, but it seems to me that there are many great nations, of which the U.S.A. is one. We may be, however, the luckiest nation on Earth.
     
    #63     May 5, 2013
  4. +1000
     
    #64     May 5, 2013
  5. Tsing Tao

    Tsing Tao

    Ah, so would you and Dr. Krugman's Servant like to explain what happened in 2008 when supply hit it's lowest in 50 years, and prices also hit their lowest? Did everyone around the world suddenly go "you know what, I'm tired of grain!" Only to change their mind a half a year later?
     
    #65     May 5, 2013
  6. piezoe

    piezoe

    It may be that the government data is skewed by what is being incorporated into the calculation, such as hedonics or specific large sectors where there has been either price decline, or no inflation such as in real estate and wages.

    However, inflation over the last 5 years that the average consumer is experiencing seems to be far higher than the official government figures. I would say very high indeed in food costs, high in energy, and above average in services, medical costs, insurance, etc.

    Though housing virtually collapsed for some months, even at the nadir I did not see hardly any decline in the cost of lumber and building materials at the retail level-- just a leveling off.

    There seems to be quite a disconnect between official government headline inflation and real life, as we know it. :D
    Would you agree?
     
    #66     May 5, 2013
  7. Ricter

    Ricter

    If so, everyone is in on it.
     
    #67     May 5, 2013
  8. Tsing Tao

    Tsing Tao

    It may be? It's a documented fact that it is. A good deal of folks have written studies on it.

    Probably the first thing I can agree that you've said here in a long time.
     
    #68     May 5, 2013
  9. Tsing Tao

    Tsing Tao

    When you can't make a solid point, be enigmatic and ambiguous.

    I'm guessing that either you mean everyone is in on the ridiculous metric used to calculate the CPI, and if so, it's not like we have a choice in the matter. The government sets for the statistic, and everyone has to use it.

    or you mean that everyone has to suffer the inflation together, and in that case I defer back to my original comment about how the poor and those on fixed income are disproportionally burdened by this.
     
    #69     May 5, 2013
  10. Ricter

    Ricter

    You're impervious to evidence. That's the definition of a crank. The only guys listening you guys are a few who like to argue for the sake of arguing, which reminds one of the old saw about being firmly attached to whatever you're pushing away.
     
    #70     May 5, 2013