quote:

Originally posted by LHeym500:
I like that we are the number 2 works exporter w an economy designed around service sector jobs.

The question to Jeff is when did the US obtain that No 2 spot, or under which administration?

Does the arms to Ukraine create that no 2 spot? I doubt we are making money off that.

Who is “we?”

As I assure you the arms manufacturers (military manufacturing complex) are raking in the dough on this war’s back.

quote:

Originally posted by theback40:
We get our electricity ( a good deal of it anyway) from hydro Quebec. So in certain instances it must be exportable?
Just got the new price list for logs. Prices flat from last year. With prices up on so many other things, my income will be down at the end of the year.

electricity, except for VERY short distances (in terms of transmission over wires on a global scale) batteries, and capacitors is NOT readily exportable. so certain VERY VERY limited cases, it's "exportable" - other than batteries, it's pretty hard to box it up and ship via trail or sail (see what i did there?)


but
Canada's exports were roughly .73T last year, with GDP being roughly 2T...

Let's unpack the acronym GDP
gross DOMESTIC product.

I feel i've answered your question a couple times now

quote:

Originally posted by LHeym500:
I like that we are the number 2 works exporter w an economy designed around service sector jobs.

The question to Jeff is when did the US obtain that No 2 spot, or under which administration?

Does the arms to Ukraine create that no 2 spot? I doubt we are making money off that.

quote:

Originally posted by jeffeosso:
The US Exported $2.1T in '22 , sounds like a LOT?

The list of exporters is pretty much static for like 2 decades, China, US, Germany, France, UK, Japan - might be longer than that - it's been a minute since the US was number 1, if they ever where.

under which admin? first q, relevance, second q, who cares

I don't believe that government grants count towards exports, and i don't care enough to bother to google it, BUT, the goods and money sent to Ukraine wouldn't move the US to number 1 or reduce to number 3, so, again, relevance?

There is always opportunity in all economies. Even the 2008-2010 recession offered opportunity if one looked and was solvent (the wise were) enough to take advantage. We advanced our position then and have through the Biden era as well. No matter who the POTUS and what the economy…the wise well positioned will advance.

I vote on policy not personalities. I vote for the best and most fiscally sound policies for the longevity of our country as a whole.

Pre-COVID…Trump had it right. He should have never listened to the idiots and shut the economy down as he did for COVID…huge mistake. But the Democrats wanted it even more restricted than it was…thus they are not the answer.

The pandemic was a one-off. Trump would do it differently today. It was a tough road to negotiate and I will give him a pass there.

I would GLADLY return to the 2019 environment…it was one of the better paths the country had been on in a while.

quote:

Pre-COVID…Trump had it right. He should have never listened to the idiots and shut the economy down as he did for COVID…huge mistake.

Better to let another million people die and get on down the road, huh? And you were telling us it was no big deal and would go away in short order.

quote:

Originally posted by wymple:

quote:

Pre-COVID…Trump had it right. He should have never listened to the idiots and shut the economy down as he did for COVID…huge mistake.

Better to let another million people die and get on down the road, huh? And you were telling us it was no big deal and would go away in short order.

I said it had a 99% survival rate and the measures implemented would change nothing and that has born out to be correct.

Thanks Jeffe, cleared up my questions.

quote:

Originally posted by wymple:

quote:

Pre-COVID…Trump had it right. He should have never listened to the idiots and shut the economy down as he did for COVID…huge mistake.

Better to let another million people die and get on down the road, huh? And you were telling us it was no big deal and would go away in short order.

say, there, close enough - could you post the "death count" of/by/with covid by president .. i mean, i KNOW you won't, but dang it would be cool if you were "close enough" to being an actual adult male to own that -- you won't - of course

and it would be AMAZING if your chart showed this amazing dip to show how darn effective the vaccine was -- i mean, of COURSE there would be lower deaths with an actual vaccine ...

no?
can't?
data doesn't support your position?

Well, it aint the first time for you in this, is it?

quote:

Originally posted by jeffeosso:

quote:

Originally posted by LHeym500:
I like that we are the number 2 works exporter w an economy designed around service sector jobs.

The question to Jeff is when did the US obtain that No 2 spot, or under which administration?

Does the arms to Ukraine create that no 2 spot? I doubt we are making money off that.

quote:

Originally posted by jeffeosso:
The US Exported $2.1T in '22 , sounds like a LOT?

The list of exporters is pretty much static for like 2 decades, China, US, Germany, France, UK, Japan - might be longer than that - it's been a minute since the US was number 1, if they ever where.

under which admin? first q, relevance, second q, who cares

I don't believe that government grants count towards exports, and i don't care enough to bother to google it, BUT, the goods and money sent to Ukraine wouldn't move the US to number 1 or reduce to number 3, so, again, relevance?

The relevance is if the Biden Administration achieved moving the US to the No2 spot that would be a positive performance factor by the administration. You have indicated they have not.

President Trump ran on a domestic agenda point of increasing manufacturing and export.

Relevance concerning Ukraine would go to show whether side to Ukraine is a net positive or net negative to this economy.

quote:

Originally posted by ledvm:

quote:

Originally posted by LHeym500:
I like that we are the number 2 works exporter w an economy designed around service sector jobs.

The question to Jeff is when did the US obtain that No 2 spot, or under which administration?

Does the arms to Ukraine create that no 2 spot? I doubt we are making money off that.

Who is “we?”

As I assure you the arms manufacturers (military manufacturing complex) are raking in the dough on this war’s back.

We would be the US Government. Our gross GDP out put.

outside of a sanders presidency, i don't believe that whatever admin could take credit for materially changing exports - at least not in a "normal person's" timeline -- I expect we are still feel some aspects of LBJ today, as that is not something that changes rapidly - we might recall that in the 80s, Japan was a huge global player, but that changed

i found a cool data site
https://www.macrotrends.net/co...es/JPN/japan/exports
https://www.macrotrends.net/co...nited-states/exports

quote:

Originally posted by jeffeosso:

quote:

Originally posted by wymple:

quote:

Pre-COVID…Trump had it right. He should have never listened to the idiots and shut the economy down as he did for COVID…huge mistake.

Better to let another million people die and get on down the road, huh? And you were telling us it was no big deal and would go away in short order.

say, there, close enough - could you post the "death count" of/by/with covid by president .. i mean, i KNOW you won't, but dang it would be cool if you were "close enough" to being an actual adult male to own that -- you won't - of course

and it would be AMAZING if your chart showed this amazing dip to show how darn effective the vaccine was -- i mean, of COURSE there would be lower deaths with an actual vaccine ...

no?
can't?
data doesn't support your position?

Well, it aint the first time for you in this, is it?

Seriously lame attempt at trying to paint your picture. Of course more people died under Biden's time when comparing. Trump was out before having to bear the brunt of it. This shit has all been hashed out plenty of times, so attempts at revisionist history are going nowhere. It played out here and all over the world. Crawl back in your hole.

quote:

Originally posted by LHeym500:

quote:

Originally posted by ledvm:

quote:

Originally posted by LHeym500:
I like that we are the number 2 works exporter w an economy designed around service sector jobs.

The question to Jeff is when did the US obtain that No 2 spot, or under which administration?

Does the arms to Ukraine create that no 2 spot? I doubt we are making money off that.

Who is “we?”

As I assure you the arms manufacturers (military manufacturing complex) are raking in the dough on this war’s back.

We would be the US Government. Our gross GDP out put.

The arms exports definitely contribute to the GDP. I am sure the US gvt is an indirect benefactor.

quote:

Originally posted by wymple:

quote:

Originally posted by jeffeosso:

quote:

Originally posted by wymple:

quote:

Pre-COVID…Trump had it right. He should have never listened to the idiots and shut the economy down as he did for COVID…huge mistake.

Better to let another million people die and get on down the road, huh? And you were telling us it was no big deal and would go away in short order.

say, there, close enough - could you post the "death count" of/by/with covid by president .. i mean, i KNOW you won't, but dang it would be cool if you were "close enough" to being an actual adult male to own that -- you won't - of course

and it would be AMAZING if your chart showed this amazing dip to show how darn effective the vaccine was -- i mean, of COURSE there would be lower deaths with an actual vaccine ...

no?
can't?
data doesn't support your position?

Well, it aint the first time for you in this, is it?

Seriously lame attempt at trying to paint your picture. Of course more people died under Biden's time when comparing. Trump was out before having to bear the brunt of it. This sh!t has all been hashed out plenty of times, so attempts at revisionist history are going nowhere. It played out here and all over the world. Crawl back in your hole.

honey, you are a bad loser -- i mean, bless your heart - I know you hate it when the facts interrupt your positions - don't worry, have a nap, you'll ignore and lie about the causal factors -- you go, sugar, you go -- lie to yourself as much as you need, and never, never, never admit it when you are nakedly wrong.

quote:

paint your picture

you meant "line up facts" of course, but your little propaganda mind can't say "yeah, i was wrong" --

quote:

Originally posted by ledvm:

Adjusted for inflation $19.93 in 1990 is equal to $46.92 today, the rest is price gouging by corporations and selectively buying more expensive substitutes for no-longer-available items by a Fox propaganda outlet.

quote:

Originally posted by Jefffive:

quote:

Originally posted by ledvm:

Adjusted for inflation $19.93 in 1990 is equal to $46.92 today, the rest is price gouging by corporations and selectively buying more expensive substitutes for no-longer-available items by a Fox propaganda outlet.

So local channel Fox 7 out of Austin, TX is a “propaganda outlet?”

If it doesn't agree with the Democrat/liberal view of how the world should work, of course it is! Bill

quote:

Originally posted by LHeym500:
I like that we are the number 2 works exporter w an economy designed around service sector jobs.

The question to Jeff is when did the US obtain that No 2 spot, or under which administration?

Does the arms to Ukraine create that no 2 spot? I doubt we are making money off that.

Someone is making money on the deal, warfare is expensive.
Modern warfare is a perverse return on investment, destroy infrastructure with weapons that cost less than the damages.

We might count weapons as GNP but the net wealth of the world is reduced by much more than that.

quote:

So local channel Fox 7 out of Austin, TX is a “propaganda outlet?” rotflmo

The name Fox is right there, so, yes.

Why does the article not address there are choices. Store brands are a good bit cheaper of the same basic product. They make it out you are stuck with only one brand.

quote:

Originally posted by Jefffive:

quote:

Originally posted by ledvm:

Adjusted for inflation $19.93 in 1990 is equal to $46.92 today, the rest is price gouging by corporations and selectively buying more expensive substitutes for no-longer-available items by a Fox propaganda outlet.

Is it “price gouging” or is it the collective politicians removed a bunch of items from the CPI because it showed a lot more inflation and thus hurt their reelection chances?

The thought was that Carter lost the election in a landslide because the economy was bad and the “misery index” reporting “unfairly” blamed him.

They also acknowledge that the economy is affected by consumer beliefs so they (the government) feel it’s ok to not tell the whole truth “for our own good.”

Have we had a collective national debate on financial policy and been governed by the will of the people, or has it been largely hidden from election consequences by putting it under a somewhat nebulous and indirectly responsible federal reserve?

DEC22 Distilled water 1 gallon 0.89
DEC23 1.39

DEC22 1250sqft Duplex Dallas 1300.00
DEC23 $1800.00

DEC 22 4oz Cheese 1.89
DEC 23 2.39

(these and many others- provided with receipts by an employee requesting a raise)

etc etc

quote:

Originally posted by theback40:
Why does the article not address there are choices. Store brands are a good bit cheaper of the same basic product.
They make it out you are stuck with only one brand.

CPI does address this issue with substitution:

Steak -> hamburger

Hamburger -> chicken

(Chicken -> cat food)

What's invisible and smells like cat food?

Social Security Farts...

quote:

Originally posted by crbutler:

quote:

Originally posted by Jefffive:

quote:

Originally posted by ledvm:

Adjusted for inflation $19.93 in 1990 is equal to $46.92 today, the rest is price gouging by corporations and selectively buying more expensive substitutes for no-longer-available items by a Fox propaganda outlet.

Is it “price gouging” or is it the collective politicians removed a bunch of items from the CPI because it showed a lot more inflation and thus hurt their reelection chances?

The thought was that Carter lost the election in a landslide because the economy was bad and the “misery index” reporting “unfairly” blamed him.

They also acknowledge that the economy is affected by consumer beliefs so they (the government) feel it’s ok to not tell the whole truth “for our own good.”

Have we had a collective national debate on financial policy and been governed by the will of the people, or has it been largely hidden from election consequences by putting it under a somewhat nebulous and indirectly responsible federal reserve?

Well, corporate profits are up by 6.2% in the last 3 quarters, pretty much double the inflation rate...

Link

I'll bet these companies only did this in Washington:

quote:

Washington state Attorney General Bob Ferguson has added a feather to his cap: he has successfully sued the nation’s largest chicken and tuna producers for engaging in practices he believes caused families to overpay by millions of dollars.

After reaching legal resolutions with 15 major chicken producers and four big tuna companies — all accused of inflating and manipulating prices — Ferguson’s office is now returning $40.6 million in restitution to approximately 402,200 low-income Washington households.

Link

And I'm morally certain these companies wouldn't rip off regular people while they were ripping off other corporations:

quote:

A federal jury awarded $17.7 million in damages to Kraft and other major food suppliers on Friday for a price-fixing conspiracy that claims egg producers were trying to limit the egg supply in the U.S., according to Reuters.

Link

But it's probably just those industries, I'm sure none of our other upstanding corporate citizens would do anything like that...

And Kraft made their profits regardless.

Think they are going to lower their prices over that suit victory?

It’s probably all going to executive bonuses…

I cant believe it took a dozen years to finally settle that suit.

Dow broke 37,000 for the first time ever...

Of course, that only matters if a Republican is President.

quote:

Originally posted by Jefffive:
Dow broke 37,000 for the first time ever...

Of course, that only matters if a Republican is President.

Of course

quote:

Originally posted by Jefffive:
Dow broke 37,000 for the first time ever...

Of course, that only matters if a Republican is President.

The thing is, that shouldn't be seen as a positive indicator. All it really indicates is the steadily declining value of the American dollar. This is the the case regardless of the party represented by government. Regards, Bill

Sure, much better if it dropped a couple thousand.....

quote:

Originally posted by Jefffive:

quote:

Originally posted by crbutler:

quote:

Originally posted by Jefffive:

quote:

Originally posted by ledvm:

Adjusted for inflation $19.93 in 1990 is equal to $46.92 today, the rest is price gouging by corporations and selectively buying more expensive substitutes for no-longer-available items by a Fox propaganda outlet.

Is it “price gouging” or is it the collective politicians removed a bunch of items from the CPI because it showed a lot more inflation and thus hurt their reelection chances?

The thought was that Carter lost the election in a landslide because the economy was bad and the “misery index” reporting “unfairly” blamed him.

They also acknowledge that the economy is affected by consumer beliefs so they (the government) feel it’s ok to not tell the whole truth “for our own good.”

Have we had a collective national debate on financial policy and been governed by the will of the people, or has it been largely hidden from election consequences by putting it under a somewhat nebulous and indirectly responsible federal reserve?

Well, corporate profits are up by 6.2% in the last 3 quarters, pretty much double the inflation rate...

Link

If y'all think the rest of the world is enjoying the same prices today that we had a year ago im sorry to burst your bubble but everywhere has suffered from inflation, its not just the US. You dont live on an island remote and insulated from the rest of the world, when costs rise in China, Germany, Mexico or anywhere it crosses boarders and affects all of their trading partners, you included.

quote:

Originally posted by wymple:
Sure, much better if it dropped a couple thousand.....

Makes no difference. A different bunch of suits make money and a different bunch lose money. A declining market may be an indicator of poor performance in manufacturing but is as likely to just indicate a lack of confidence. Increases in the Dow-Jones are almost always accompanied by high inflation.
We don't choose hard work and creativity to increase the dollar value of goods, we choose to print money so there are more dollars available. Bill.

quote:

Originally posted by crbutler:
Interesting. I havent seen a raise in over a year.

You can spout government reports (that consistently get changed several months later) but as shown by polling, most folks aren’t seeing it.

Doctors shouldn't be getting raises. They represented to us years ago that if we just passed tort reform, medical costs would go down.

Our legislators passed all the tort reform the doctors wanted...have medical costs gone down?

The "savings" from tort reform should have already resulted in an increase in doctor compensation.

quote:

Originally posted by RolandtheHeadless:

quote:

Originally posted by crbutler:
Interesting. I havent seen a raise in over a year.

You can spout government reports (that consistently get changed several months later) but as shown by polling, most folks aren’t seeing it.

Doctors shouldn't be getting raises. They represented to us years ago that if we just passed tort reform, medical costs would go down.

Our legislators passed all the tort reform the doctors wanted...have medical costs gone down?

The "savings" from tort reform should have already resulted in an increase in doctor compensation.

My mother in law was in hospital for 1 day this week, driven there and driven home by friend, didn't feel well (turned out to be constipation), had a scan (not sure if it was a CT or MRI) ... $9700

Someone is getting paid very well, I find that absolutely staggering.

I can pretty much guarantee it wasn’t the doctors fees.

You can take a deep dive into medical billing if you want. You’d be surprised how little actually gets paid to the person who saw you.

One thing to remember is that what gets put down as insurance paid is actually the before discounting fee.

I get the unreasonably high number bugs people. But the government has played so many games that the fees are very artificially inflated.

As to tort reform… I dunno. They pass tort reform, yet med mal insurance rated continue to rise… even for folks with 0 claims against them.

I have seen lawyers lament getting paid, but now I see a doctor poor mouthing. An APRN here in rural South East starts at 100k.

The Doctors guild will never get my sympathy.

Become an accountant, Wife has got a raise every year for 3 years. Still not up to me, you, or a rural APRN.

Now the people making the big, big money hospital administrators and board members.

We have a local judge do deep in the hospital pocket, he will not let you strike a juror you works for the hospital.

WOW, here in the far northeast, my ex wife, an NP doesnt make that much.