Anti American Bears ... not educated... can't read data properly
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2017 Jan 6, 8:31am 34,215 views 258 comments
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_
2017 Jan 9, 4:09pm
Need and can afford are two different things. That's the point.
Retail sales cycle highs
Home sales cycle highs , mortgage buyers cycle highs
Wages all time highs
165 Million working Americans
Highest Job openings print ever
These are not what you see in near deflationary collapses coming from a soft demographic patch as we are from 2008-2019
_
2017 Jan 9, 4:09pm
All you are doing is showing graphs of today.
We have more working people now than the total population back in 1929
_
2017 Jan 9, 4:11pm
Listen I am not a total Conservative tool here, I am open to more government spending for the lower end... just not worried about our middle class
I wouldn't come on this show if I was
What I am trying to explain is that more middle class Americans own homes and have that wealth than 1929, the distribution isn't the same. This is why a deflationary collapse in America is very unlikely
And what I'm saying is that that is reflected in the chart I already posted.
These are not what you see in near deflationary collapses coming from a soft demographic patch as we are from 2008-2019
Really? Retail sales always peak before a recession. Again--what were they in 1928?
_
2017 Jan 9, 4:13pm
Again--what were they in 1928?
This isn't a deflationary collapse working population data line
1929 collapse would need humans to not spend on food and energy in the same trend post 1939
We have more working people now than the total population back in 1929
So what? We have more non-working people too.
1929 collapse would need humans to not spend on food and energy in the same trend post 1939
Because they have no money?
_
2017 Jan 9, 4:15pm
We have more non-working people too.
Missing only 2.5 million prime age workers from the peak of the last cycle
Note what you're saying is roughly 43.7 million will refuse to buy food and gasoline which will send GDP to negative 10% and unemployment rates to 30
_
2017 Jan 9, 4:16pm
Because they have no money?
This theory that Americans are too poor to buy food and gasoline the middle class doesn't have any data to support it
Note what you're saying is roughly 43.7 million will refuse to buy food and gasoline which will send GDP to negative 10% and unemployment rates to 30
Nope--that's not what I'm saying. I'm saying at some point people won't be able to borrow money any longer and therefore won't be able to spend at the same rate as they are spending now. They won't refuse to buy food and gas-they just won't be able to afford it.
This theory that Americans are too poor to buy food and gasoline the middle class doesn't have any data to support it
Of course it does--I already posted it. The data is inequality. The pie grows at 2%/year roughly. If more and more goes to the top 0.01%, then it means that the other 99.9% are getting less and less. This can't continue forever.
_
2017 Jan 9, 4:29pm
They won't refuse to buy food and gas-they just won't be able to afford it.
I have heard of this theory that debt servicing for food and gasoline will go away
I just to buy it due to the distribution of income to consumption for both and not to mention we have SNAP today too
I've not read all the comments. Has anyone caught on to Logan.
He's so invested in his economic theology that he is doing everything to convince himself that the status quo can continue.
Living in fear is not the best choice of lifestyle.
Damned old data.
http://www.pewresearch.org/fact-tank/2014/10/09/for-most-workers-real-wages-have-barely-budged-for-decades/
_
2017 Jan 9, 4:33pm
Damned old data.
Like I said you can't read data properly hence why you think everyone is poor outside the 1%
_
2017 Jan 9, 4:35pm
I understand why you do what you do.. but you're completely voided 7 decades of data 
_
2017 Jan 9, 4:36pm
also your baseline assumption is that majority of Americans are poor living in high cost areas
I understand why you do what you do.. but you're completely voided 7 decades of data
How does a median household income of $58K void anything I do? Half of all US households earn less than $58K/year. You don't see a problem there?
also your baseline assumption is that majority of Americans are poor living in high cost areas
How is that one of my assumptions?
Does the bright future outlook take into consideration the potential impact of climate change, or that would be anti-American?
Strategist
2017 Jan 9, 5:25pm
How does a median household income of $58K void anything I do? Half of all US households earn less than $58K/year. You don't see a problem there?
No it's not a problem. You have the opportunity to earn more.
Strategist
2017 Jan 9, 5:28pm
They won't refuse to buy food and gas-they just won't be able to afford it.
Have you seen how fat Americans have become? It's due to eating too much food. Less food would definitely be a plus.
Have you seen how fat Americans have become? It's due to eating too much food. Less food would definitely be a plus.
Actually healthy foods are more expensive which is part of the problem.
Strategist
2017 Jan 9, 5:31pm
Have you seen how fat Americans have become? It's due to eating too much food. Less food would definitely be a plus.
Actually healthy foods are more expensive which is part of the problem.
Eat more fruits and salads. They are much cheaper than McDonald's.
You have the opportunity to earn more.
Yeah, everybody should get a PhD, MD, JD, or become a financial blogger/writer and make > $100K. Educate people, educate!
Strategist
2017 Jan 9, 5:33pm
You have the opportunity to earn more.
Yeah, everybody should get a PhD, MD, JD, or become a financial blogger/writer and make > $100K. Educate people, educate!
Don't drop out of school. Get same training on a skill. The opportunities are endless, but some people would rather not take it.
_
2017 Jan 9, 5:36pm
How is that one of my assumptions?
By implying that debt service cost of food and gasoline can't continue in high population areas
As a whole Americans don't make enough money to feed themselves or take transportation outside the 1%
_
2017 Jan 9, 5:37pm
climate change
That is my biggest X factor in the world, my discussion of resource wars is something that happens in the next century but peaking out of population hopefully helps this issue.
Outside of aging population climate change is my biggest concern
Eat more fruits and salads.
That's right! 2000 calories/day of apples and lettuce. Takes no time to prepare either - perfect for busy parents (esp. single) parents! Added benefit - children will grow slowly so less $ for new clothes.
climate change
That is my biggest X factor in the world, my discussion of resource wars is something that happens in the next century but peaking out of population hopefully helps this issue.
Outside of aging population climate change is my biggest concern
I somehow feel that entertaining the thought of climate change is anti-American.
_
2017 Jan 9, 5:41pm
anti-American.
It's Anti Science ... I always put Heat Temp map charting on my facebook page to make a point.. it's getting ugly heat wise
Strategist
2017 Jan 9, 5:43pm
I can't believe California is on the low end.
Hey, liberal states are less obese.
It's Anti Science
Acknowledging climate change is Anti Science? That's what you are saying?
Strategist
2017 Jan 9, 5:47pm
children will grow slowly so less $ for new clothes.
They will stop growing sideways for a change.
_
2017 Jan 9, 5:48pm
Anti Science?
Not acknowledging it is Anti Science
My fellow Republicans have a token answer that history has had cold and hot spells ... but that kind of defeat the current data
Not acknowledging it is Anti Science
Tough choice then - Anti-Science or Anti-American... Which one are you?
_
2017 Jan 9, 5:53pm
If I am Anti American for believing in science then I would question the thesis of the original contention
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https://loganmohtashami.com/2017/01/06/wage-growth-hits-cycle-high/
All your worthless crying ...... you're not men you're trolls
#Economics