patrick.net

Pleasure to meet you Paul :-)

See, so much better

Logan Mohtashami says

You're taking median income vs real wages ... 2 different things because one is populated adjusted without benefits and the other is simply real wages

No, I'm talking real per capita income (gdp/population) growth versus real median income growth. Okay - same thing. But I don't buy your explanation. Can you prove it ?In that time frame there are way less pension plans, and way more jobs that pay no benefits.

By the way, fun fact: the reason this was nearly inverted from 1965 - 1982 isn't demographics. IT's becasue workers were getting their cut of the profits back then. At least way more than now.

My prediction of your response: "No, no, no, it's all about the demographics, I prefer to ignore the obvious !"

marcus says

1965 - 1982 isn't demographics

I disagree with the thesis in general post 1978

The Mythological Machinations of The Compensation/Productivity Gap

https://medium.com/new-river-investments/the-mythological-machinations-of-the-compensation-productivity-gap-6dff69623d95#.41ym5dwf5

Really ? This is meaningful to you ? why log(y) - log(x) ? All it shows is that with enough manipulation he can get 2 graphs with entirely different shapes and entirely different magnitudes and scales to line up.

Can a person make big bucks coming up with this kind of horseshit for the republicans ?

I don't have the time or the inclination, but this BS would be easy to show as nonsensical. Take the amount that social program spending has increased in the past 15 years and compare it to how much that gap has grown. I guarantee you the latter is probably at least an order of magnitude larger.

Logan Mohtashami says

You keep on forever I will give you credit, but you're just one person, this site has 14 friends, I assume most are liberal and you create fake conservatives outside of Strat?

Mell and Nut I don't believe are conservatives they just play it on this sit

Most-most-people are nicer IRL. But unless you are independent with clients that generally blow your way-it is best to be anonymous. i think it was roberto who got some sort of threat in his place of employment-most likely from this site??
He made a very good investment, took risk and profited handsomely. Now he was opinionated-but who is not here!

lostand confused says

roberto

I miss him, he was fun guy to talk to actually, I know he comes here once in a while.

marcus says

I guarantee you the latter is probably at least an order of magnitude larger.

Logan Mohtashami says

marcus says

I guarantee you the latter is probably at least an order of magnitude larger.

You didn't understand this did you.

marcus says

Take the amount that social program spending has increased in the past 15 years and compare it to how much that gap has grown. I guarantee you the latter is probably at least an order of magnitude larger.

Also, why would we say that the increases in social spending decreases workers earnings, relative to total earning per worker, rather than say it goes in to our govt deficit ?

marcus says

You didn't understand this did you.

We just have a different take on this because the economy grew massive from 2 trillion from the late 1970's to near 20 trillion this decade and a lot job sectors were needed to fill in those gaps, where manufacturing was at it's late stage in a high inflationary period

Then we have transfer recites

Hence why I look at this chart more than others

marcus says

Or maybe I'm wrong and it's all about overwhelming your audience with data.

You want me to answer something that I don't believe exist.

The better thesis is to say

lower educated and lower skill Americans have a hard time making the cost of living wages.

Dual income wages have to be accounted for too

Logan Mohtashami says

You want me to answer something that I don't believe exist.

No, if you believe t doesn't exist, I want you to find evidence of that. The question becomes do you have evidence that it doesn't exist ?

marcus says

The question becomes do you have evidence that it doesn't exist ?

If what you said is true, this data line would never exist

Please, if you're going to use a graph as a substitute for an argument, at least explain a little. But I have to go here soon anyway. Why or how does that graph show that the massive increase in corporate profits, or more specifically the per capita share of GDP increase is being shared with workers in a similar proportion as it was decades ago.

OR that the difference in that proportion isn't going to the owners (including stock market valuations).

marcus says

at least explain a little

Core wages move with inflation

marcus says

per capita share of GDP increase is being shared with workers

I think you're talking about this, which with our expanding economy there is no way this would have kept up pace with median earnings

Because the economy exploded from 1978 GDP wise, job wise, wages wise, and financial asset wise

Tim Aurora says

Logan has to advertise himself this is a proper

Plus I didn't write that, the Conference people did :-)

Logan Mohtashami says

Because the economy exploded from 1978 GDP wise, job wise, wages wise, and financial asset wise

So you're going to kind of agree now, and say, oh thaaaat gap. OF course that gap is supposed to be growing. That's what stock market growth is all about. If the workers got more, then how would the stock market go up ?

Is that it more or less ?

The problem is, that becasue of health care, education costs, and housing costs in major market cities, real incomes are effectively going down a little, as incomes at the top keep rising.

marcus says

OF course that gap is supposed to be growing

It has been growing in real wages, median is different but hey if you want to use that and mean here you go

"It has been growing in real wages, median is different but hey if you want to use that and mean here you go"

If you don't understand why using mean income is misleading, then you have no business commenting on the US economy.

joeyjojojunior says

mean income is misleading

Hence why I have median there ... don't believe verbally I have ever said mean wages in my life outside of this sentence and above :-)

#EpicTriggering #LoganChartMeltdown #LogansHeadExplodedAndChartsAreLiterallySprayingEverywhere

NuttBoxer says

NuttBoxer

I could do it in coloring books and send them in mail for you guys .. maybe that would work better :-)

How about you just answer the question I posted, and re-iterated that you have ignored. What is our financial benefit from being bears? You said we have one, put some fact behind your opinion.

And more importantly, what is your financial benefit from saying everything is fine Realtor? What is your central governments financial benefit from printing your charts saying everything is fine?

Seems to me ONE side has a huge incentive to lie, the other gains almost nothing by doing so.

NuttBoxer says

everything is fine Realtor?

A realtor has a financial incentive to be bullish always

A data miner doesn't... just reads the numbers

NuttBoxer says

What is our financial benefit from being bears?

You're not short the market and I actually don't believe you guys believe the stuff you say

NuttBoxer says

the other gains almost nothing by doing so.

When LEI falls 4-6 months, fed fights inflation and Claims rise, then you have my blessing to get bearish, ( Short term)

You are trying to side track saying you are some kind of analyst professionally, yet your top/current job on LinkedIn is:
Senior Loan Manager
AMC Lending Group
January 1996 – Present (21 years 1 month)Irvine CA

With over 29 years experience in the home lending business. AMC Lending group has provided home loans for California residents since 1987. Also, provide real time housing information through my personal blog at www.LoganMohtashami.com
BRE # 01426922
NMLS # 328173

So you have a clear incentive to push good vibes. I mean who the fuck takes on the biggest, longest debt of their lives if the economy is about the collapse? So you have incentive to lie, lots of it. The government has their hands all over housing, their whole economy is a confidence game, lots of incentive to lie.

I won't answer the other part of the question as I'd like you to rephrase our reason. Your english made the response confusing, so I don't want to assume.

NuttBoxer says

You are trying to side track saying you are some kind of analyst professionally, yet your top/current job on LinkedIn is:

Have you ever been asked to speak at a national economic conference or do you hide behind that fake name always

I track data daily... you will never get the edge on me, ever ....not in your life time

and you cry a lot.. what is so miserable in your life that forces you to hate so much ????

Wait ... don't answer that... nothing wrong in your life, you're perfectly fine

NuttBoxer says

So you have a clear incentive to push good vibes.

By the way.. my core thesis always has been in this cycle, that

" This housing cycle once you exclude the cash buyers, simply doesn't have enough mortgage buyers to have a real recovery"

I have been a 2% GDP guy always

10 year channel has stuck always

I am only good because the super bears were terrible and the Housing Bulls were way out of line ...

Forget

WTW
UNXL
ATEN
TWTR
HP
GPRO

MASI vs ARLP

The only thing this indicates is the collapse of the trojan industry in america...

Logan Mohtashami says

APOCALYPSEFUCK_is_ADORABLE says

The way conferences work is that they get the speakers to pay for slots to promote their scams.

Note True

I never pay for anything it's actually all verified too. Now the Wall Street firms have to pay to attend and fly to the event

At the end of the month economist John Huskin and I are speaking at the CAR conference on the economy, housing and Donald Trump

and they give me a free hotel room too

Come on .... after all these years you guys are still rolling the 3 same sentence structures... tsk tsk

Well, it's verified that you do pay.
http://americatalyst.com/content/invitation-request

There is an expensive fee paid by both invited guests and applicants who wish to attend.

8. Some of you may find the registration fees quite expensive, and others will receive discounted rates based on your type of firm (such as government, for example). If you find the fees expensive, please know that in 12 years, we have never had anyone feel that the money was not worth it. Furthermore, this event is based on its purpose and not its profit.

So you as an paid applicant were picked out of the audience to sit on the hot seat and have your picture taken.

We have a "hot seat" up onstage and frequently call people out of the audience to join the session. Be prepared.

Logan Mohtashami says

Note True

I never pay for anything it's actually all verified too.

Macropodia says

We have a "hot seat" up onstage and frequently call people out of the audience to join the session. Be prepared.

Exactly I paid nothing ... and I am paying nothing to speak at the CAR event ..and I am paying nothing to speak again at Ameri catayst again

and then there are you guys here

Macropodia

APOCALYPSEFUCK_is_ADORABLE

Ironman

Jesus ... boy band trolls with rag tag names... none of you will ever have the guts to put your real name and faces on all your post ... ever ...
that's what trolls are

this is what makes you all priceless ... you time stamp your Anti American non sense you're too chicken to put your names and faces on your post

Old Old men... hiding ...