patrick.net

Ironman says

Yep, ALL about the DATA...

You're still here .... are you crying about this now

Longest Job expansion ever

Logan Mohtashami says

Nice chart and stats. Americans and the world have never been better off. Folks, the future is bright.

Ironman says

mommy and daddy to get a guaranteed paycheck..

That's the line you're still using Iron Man ....That's all you got old man...

Ironman says

Prove that its wrong...

Dude, I don't work for a bank it's a commission business and stock trades aren't exchange W2

You're stuck in 1950's

Which is why both you and Iron Man are created... to off set each other but you lack discipline in this pit hole

Because of both of you are not that off... you need to be ... or else why would anyone read this stuff

This isn't going to reverse

Logan the fucktard again with this shit?

He's like the the Tommy Vu of Patrick.net (ya gotta google Tommy Vu).

freespeechforever says

Logan the fucktard again with this shit?

Shouldn't you be telling people 95 million Americans aren't working that men have sat home for 8 years not working?

Math people

Simple math

- 8.8 loss in the Great Recession

+ 15.8 million post 2010

Logan still hasn't learned about context or source bias. And calling someone anti-American when they disagree with your nationalist propoganda(lies). Very Orwellian/communist of you Logan.

NuttBoxer says

anti-American

I find the term Anti American troubles educated people who know they're spewing B.S. for their own agenda.. that is why I use it

You're all too smart here for this... but ... I do understand why you do it... doesn't mean I have too

Logan Mohtashami says

I find the term Anti American troubles educated people who know they're spewing B.S. for their own agenda..

What is our agenda Logan? How do WE financially benefit from our outlook?

... Now let's consider the inverse. How do YOU, and the government you get your charts from benefit from false projections of a healthy economy? Your benefit is short term, they are playing the long ball that will swallow guppies like you, and every other lemming they can get to believe stocks and housing will rise to infinity.

Logan's real reason for all the charts is to obfuscate any relevant facts others post in his threads. Seriously, who can read anything on here with so much filler/spam?

And you haven't answered my question Logan. Could it be because you haven't thought that far and shit just got real? Apparently something else you haven't learned. When sourcing truth, always follow the money.

freespeechforever says

He's like the the Tommy Vu

Is that the guy who implies with ads that if you invest in real estate, you will have a yacht and scantily clad babes galore?

You guys take the bait way to easily these days... :-)

Ironman says

This fucking asshole even writes third party narratives about himself.

Actually 2016 Americatalyst Conference that was the intro for me... wait see in the real world talking to real people, economist, data analyst, professionals, we can't hide behind fake names and fake photos

http://americatalyst.accendstage.com/content/logan-mohtashami

You guys... hide behind fake names,

Men... real men... they're brave, like Americans have always been... Gods have always been jealous of us because Men take risks

I am the main panel person with another economist at the CAR conference at the end of the month, 2 more conferences that I have to speak in this year so far

One thing I stress... the soul of the internet is being lost by Trolls who can't read data properly

I am doing a 15 year documentary of this...The rise of the Anti American Troll

Promise you... all of you

You will all be wrong about America .... and you can't take back what you have said about our country

by the way... you're live now...

Please continue ....

I won't digress anymore

marcus says

now that you understand the disagreement ?

I answered it, with my chart's

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

Makes a big difference... hence why median income track employment to population trend line data

I mean a 26 year college grad makes roughly what a median income in 2017 would be... over time his wages would grow with inflation

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.