quote:

Originally posted by Bill Leeper:

quote:

Originally posted by Steve Bertram:

quote:

Originally posted by jeffeosso:

no experts or indicators agree with you .. well, perhaps good old commie paul krugman -- but, hey, what happens inside your head is, well, for now, perfectly fine .

Would you care to make any adjustments to this statement Jeffe? Apparently at least some experts do agree with me.

https://www.msn.com/en-us/mone...db08d4c8766d59&ei=12

There are plainly some liberal economists to whom the concept of borrowing heavily, spending lavishly, and printing money freely, is a reasonable economic model. The free spending liberal governments of Canada and the US have demonstrated how well they can drive inflation this way. They have also shown how to make claims about a growing economy as a means of putting a positive spin on their incompetence. As usual, all of this so-called growth is bullshit and the working men and women just keep working harder to support themselves and the legions of parasitic pricks they carry on their backs. Regards, Bill

quote:

Originally posted by ledvm:
The economy “has been” very good for the well positioned (~10%…me included). It has not been good for the other 90%. It remains to be seen if its “goodness” continues through this fall.

quote:

Originally posted by jeffeosso:
Bill,
make sure you nail him down on terms before you answer - in fact, you should ask him for the criteria of "conservative" "government" "developed" "western" "nation" "how much is marked" "what is different" "what sort of outcome" "define AND scale inflation" "what is "significant"

his second favorite sport is moving the goal post, once answered -

and, just for reference - https://www.worldometers.info/gdp/gdp-by-country/

understand that Cali and Texas could both be on this list, and the US would still be number 1, even deducting those numbers, though it would upset the order of the top 10

quote:

Originally posted by Steve Bertram:

quote:

Originally posted by ledvm:
The economy “has been” very good for the well positioned (~10%…me included). It has not been good for the other 90%. It remains to be seen if its “goodness” continues through this fall.

I think it has been good for the top 60%, not so good for those lacking skills or education.

quote:

Originally posted by Steve Bertram:

A few did better, not many.

quote:

Originally posted by jeffeosso:

quote:

Originally posted by Steve Bertram:

quote:

Originally posted by ledvm:
The economy “has been” very good for the well positioned (~10%…me included). It has not been good for the other 90%. It remains to be seen if its “goodness” continues through this fall.

I think it has been good for the top 60%, not so good for those lacking skills or education.

as you have already been corrected, with facts, the median income is just about 38k - median has a specific meaning, you might refresh your memory on that - but, in context, 50% of people make less than 38k -

I saw a metric the other day that roughly stated the MINIMUM to live comfortably in in any state was like literally double that -

i know math is hard, and keeping track of all the interactions doesn't fit onto a bumper sticker slogan, but you could be soo much more

quote:

Originally posted by Steve Bertram:

quote:

Originally posted by ledvm:
The economy “has been” very good for the well positioned (~10%…me included). It has not been good for the other 90%. It remains to be seen if its “goodness” continues through this fall.

I think it has been good for the top 60%, not so good for those lacking skills or education.

quote:

Originally posted by jeffeosso:

quote:

Originally posted by Steve Bertram:

A few did better, not many.

in your own words
"Shame you just can't admit that you are wrong..."

you question was ONE "Western" economy ..
but after 57 times of moving the goals, i can see where it gets blurry for you

enjoy your day

quote:

Originally posted by ledvm:

quote:

Originally posted by Steve Bertram:

quote:

Originally posted by ledvm:
The economy “has been” very good for the well positioned (~10%…me included). It has not been good for the other 90%. It remains to be seen if its “goodness” continues through this fall.

I think it has been good for the top 60%, not so good for those lacking skills or education.

You need to learn more about economics in the USA. There is no top 60%. There is the top ~25% then all the rest.

The “so-called middle class” in America was not positioned well for this economy. They had no saved, invested, or investable wealth. Most live month to month. Gasoline costing $3.50/gal and the weekly grocery store run costing $400 is hard on them. Look at CC debt these days…it is reminiscent of 2009.

quote:

Originally posted by ledvm:
Everything you state above is true…the benefit is just relegated to the top 25%. And especially the top 10%.

quote:

Originally posted by Steve Bertram:

quote:

Originally posted by ledvm:
Everything you state above is true…the benefit is just relegated to the top 25%. And especially the top 10%.

I think that is very distorted. I'm not in the top 10%, or even in the top 25%. I'm doing fine though and life is quite good.

quote:

Originally posted by jeffeosso:
https://www.usatoday.com/money...-upper-middle-class/

Oh, stevie... let me screech it like naki, as it amusing

LIES

Here's a list of income by percent. That you don't know this, but doesn't interfere with your bloviation is amusing

Facts don't influence you kuch, we get it

quote:

Originally posted by Steve Bertram:

quote:

Originally posted by jeffeosso:
https://www.usatoday.com/money...-upper-middle-class/

Oh, stevie... let me screech it like naki, as it amusing

LIES

Here's a list of income by percent. That you don't know this, but doesn't interfere with your bloviation is amusing

Facts don't influence you kuch, we get it

Thanks for confirming my position Jeffe. I'm right where I thought I was, but through hard work and conservative spending, I'm doing just fine.

Which one of YOUR LIES were you referring to?

Nice to see you joined in the name calling you little c*nt

quote:

Originally posted by jeffeosso:
you kuch

quote:

Originally posted by Steve Bertram:

quote:

Originally posted by jeffeosso:
you kuch

Was this not an insult? I will admit, I had not heard the term before.

Maybe you are displaying more of your in-depth knowledge of the English language like when you claimed that unsubstantiated is essentially the same as false?

Your a gift that keeps on giving Jeffe

quote:

Originally posted by jeffeosso:

quote:

Originally posted by Steve Bertram:

quote:

Originally posted by jeffeosso:
you kuch

Was this not an insult? I will admit, I had not heard the term before.

Maybe you are displaying more of your in-depth knowledge of the English language like when you claimed that unsubstantiated is essentially the same as false?

Your a gift that keeps on giving Jeffe

no, honey, it was a typo... i could blame my carpal but sometimes i just stink at typing on my phone...

sorry to get you all excited -

quote:

Originally posted by Steve Bertram:
I know where I stand and how I got here. Lots of small steps and being very conservative with the money I have made. I don't spend money like most people do. No pay TV, minimum cell phone bills, a 20 year old truck that was bought used for cash. You get the idea.

Of course, who we are talking about does matter. I am referring to comparing myself to working age individuals.

More data showing inflation cooling:

https://www.msn.com/en-us/mone...35c8bd9131a80b&ei=10

quote:

Originally posted by Bill Leeper:

quote:

Originally posted by Steve Bertram:
I know where I stand and how I got here. Lots of small steps and being very conservative with the money I have made. I don't spend money like most people do. No pay TV, minimum cell phone bills, a 20 year old truck that was bought used for cash. You get the idea.

Of course, who we are talking about does matter. I am referring to comparing myself to working age individuals.

More data showing inflation cooling:

https://www.msn.com/en-us/mone...35c8bd9131a80b&ei=10

So, it almost sounds like you manage your personal life in a responsible, fiscally conservative manner. Why in the hell would you not require your government to do the same with the money it takes from you? I would love for my government to behave in a fiscally conservative manner, I am also a realist. It has been decades, many decades, since our government behaved that way. People talk about how we should have a small government, sounds great. The US has both the largest economy and the most formidable military in the world. Show a small government in the top ten in either category? The thing is, we should strive for efficiency but with growth comes waste has been my experience. Lean and mean is perfect for a rising power, hard to do at our stage of the game. I would love for both parties to start moving our budget deficit in the other direction, history has proven that neither has been very good at restricting spending. Taxes likely need to rise as well, not popular but the reality.
In a way, we may be much the same. I spent sixty years living frugally and, occasionally struggling. Then at some point, after saving what we could for all those years, we were suddenly almost well-off. Now, if I was to behave like the liberal governments in Canada and the US, I could run to the bank and borrow a couple million against my worth, buy a bunch of stuff, live high on the hog for the duration, then leave my children and grandchildren with a bunch of debt and little else.
I'm not about to do that and I doubt that you are either. So, if we are going to live like conservatives, we should vote like conservatives, we'll feel better. Unfortunately, in the US, that means one would have to sit this election out because there is no real conservative in the race. Regards, Bill. I feel both parties are about the same when it comes to spending myself, the GOP talks a better game but the record shows neither to have done a decent job in a very, very long time.

quote:

Originally posted by jeffeosso:
https://www.usatoday.com/money...-upper-middle-class/

Oh, stevie... let me screech it like naki, as it amusing

LIES

Here's a list of income by percent. That you don't know this, but doesn't interfere with your bloviation is amusing

Facts don't influence you kuch, we get it

quote:

Originally posted by Bill Leeper:

quote:

Originally posted by jeffeosso:
https://www.usatoday.com/money...-upper-middle-class/

Oh, stevie... let me screech it like naki, as it amusing

LIES

Here's a list of income by percent. That you don't know this, but doesn't interfere with your bloviation is amusing

Facts don't influence you kuch, we get it

Here is another example of pure bullshit. USA Today's figures are undoubtedly based on tax return data, subsequent to all the creative accounting money can buy. Bullshit. There is a huge difference in real income for a working wage earner, who is able to deduct virtually nothing, and a business owner or farmer who is able to deduct shit that others have pay for with after-tax money.
I can lease a truck, stick a magnetic sign on the side of it and, voila! I have reduced my income. The millwright at the mill doesn't have that option. When I buy tools, I have reduced my income. When he buys tools, he has spent after-tax money. I know a lot of guys who make an income which is about the same as what Donald Trump claims each year. Does anyone think they are the same? It's all bullshit. I wish everyone could just be honest about it. Regards, Bill

quote:

Originally posted by Bill Leeper:

quote:

Originally posted by jeffeosso:
https://www.usatoday.com/money...-upper-middle-class/

Oh, stevie... let me screech it like naki, as it amusing

LIES

Here's a list of income by percent. That you don't know this, but doesn't interfere with your bloviation is amusing

Facts don't influence you kuch, we get it

Here is another example of pure bullshit. USA Today's figures are undoubtedly based on tax return data, subsequent to all the creative accounting money can buy. Bullshit. There is a huge difference in real income for a working wage earner, who is able to deduct virtually nothing, and a business owner or farmer who is able to deduct shit that others have pay for with after-tax money.
I can lease a truck, stick a magnetic sign on the side of it and, voila! I have reduced my income. The millwright at the mill doesn't have that option. When I buy tools, I have reduced my income. When he buys tools, he has spent after-tax money. I know a lot of guys who make an income which is about the same as what Donald Trump claims each year. Does anyone think they are the same? It's all bullshit. I wish everyone could just be honest about it. Regards, Bill

quote:

Originally posted by Mike Mitchell:
What an interesting republican discussion all of this is....I never cease to be amazed at how concerned the republicans become about the poor and the middle-class right around election time. Otherwise, they are happy to f*ck both classes over in order to save their rich donors from having to pay their fair share of taxes.

quote:

rich donors from having to pay their fair share of taxes.

quote:

Originally posted by LHeym500:
O don’t believe that.
My tax rate is much more than Musk and Cuban.

Why? because how we define income.

I would tax their investments based on assessed value by March 15 each year.

I make no bones about it.
No, I do not want an USA version of the VAT.