patrick.net

Obviously my fellow conservatives have too much fear on the other side that government is too big

Logan--

OK, so you posted charts showing retail sales and AVERAGE hourly earnings (I thought you said you never used averages, oh well). Those show the past, not the future. How about you show those SAME charts for the period 1920-1929? Let's see how differently things looked back then.

"So telling everyone that death is coming, Americans are broke, poor stupid, lazy... etc etc"

Nice strawman. Nobody is saying Americans are stupid, or lazy. They are, however, being exploited by the 1%. As workers' productivity continue to rise, their pay doesn't.

Logan Mohtashami says

Obviously my fellow conservatives

LIBERALS BOYCOTT ALL CONSERVATIVES.
Shrink their wallets.
They have no control. They can't stop FREEDOM.

joeyjojojunior says

1920-1929?

I am telling you as I have told all my extreme right and left wing friends, comparing the roaring 20's to know is a mistake, benefits now as a part of wages wasn't even a part of America back in 1920's

20 years I have seen these same 1929 theories they don't work

joeyjojojunior says

As workers' productivity continue to rise, their pay doesn't.

The way people are reading income is incorrect this is why the Great American collapse theories doesn't hold merit

Educated Americans the middle class is the bigger reason why the middle class shrunk because they make over 100K

educated women now make money.. dual income power wasn't even story back the 20's

The 1929 collapse theory people are economically sexist because they discount the role of women, our educated ass kicking American women... :-)

Don't bet against us

Logan's chest thumping and name dropping reminds me an observation that I made some years ago.

My wife and I did our grad studies at an Ivy university. In in the parking lot in front of the business school where she studied, one could always see an array of flashy luxerous cars. In front of the Physics dept where I studied there was a small parking lot with mostly 5-10 year old toyotas and hondas. Yet among them were the cars of four Nobel prize winners.

"I am telling you as I have told all my extreme right and left wing friends, comparing the roaring 20's to know is a mistake, benefits now as a part of wages wasn't even a part of America back in 1920's"

OK-- benefits weren't a part of wages. Show me the retail sales from 1920-29 and real wage growth back then and make an adjustment for benefits and then show me why it's different now vs. then.

"Educated Americans the middle class is the bigger reason why the middle class shrunk because they make over 100K, educated women now make money.. dual income power wasn't even story back the 20's The 1929 collapse theory people are economically sexist because they discount the role of women, our educated ass kicking American women... :-) "

OK, it's different now because women work. Is that your premise?

FP says

Logan's chest thumping and name dropping reminds me an observation that I made some years ago.

Chest thumping is for people that haven't been there... FP

I am curious, haven't you ever ???

How is it that a lonely little loan officer from Irvine CA with a degree in history working for mommy and daddy with no connections to wall street, the media, college professors, economist and big business ...

How did he... get it right?

I was thinking the stocks picks for 2016 would jar some curiosity.... wink... wink...

I mean in theory I have no training in economics, data mining ....right... if you were to believe the self narrative thesis ....

limf (x) = sky
x-a

joeyjojojunior says

OK, it's different now because women work. Is that your premise?

You're asking the wrong question ....

Have to ask yourself why isn't America a failed state since the chart you use would imply the decline of society from 1978 ... shocking it runs right with civilian labor force growth

I can only guide you to answer, you have to know why yourself

Logan Mohtashami says

I wonder how much of the increased percentage of household making over 100K has to do with two income households. Perhaps all of it.

If you factor in health care, college education costs (both way above CPI) and the loss of pensions you basically have people barely doing better with two incomes, than they used to do with one.

marcus says

Perhaps all of it.

Education = Income = wage inflation = demographic adjusted wages

Peak earning income years are 45-54 ;-)

No matter what you guys or gals shoot at me the direction is still up ....

I have no oath to ideological views but to mother economics

She is a serial killer ... she wants to get caught, she can't help herself ... she will always leave crumbs ...

The trick is being disciplined to follow the crumbs

"You're asking the wrong question ...."

I don't believe I am, but if you can present a rational argument then I will reconsider.

"Have to ask yourself why isn't America a failed state since the chart you use would imply the decline of society from 1978 ... shocking it runs right with civilian labor force growth"

This is easy. The US in 1978 was actually humming along very well. It's been in a slow decline since but it started from a good spot so it had a long way to go before it got critical. But the main reason why America isn't a failed state has been the growth in credit. The 1% has loaned back its assets to the 99% (and the government) so demand doesn't fall too precipitously. Unfortunately, at some point, the capacity of the 99% to take on any more debt will be exhausted. And things will get worse.

joeyjojojunior says

The US in 1978 was actually humming along very well.

You mean stagflation was a good thing ... because more of your $ were going to your food purchases right

That the expansion on banking and credit has demised the U.S. to the most powerful economy in the world ... this is a bad thing because it allows educated people to do better than uneducated people...

It's not fair that skills and education allows you the purchasing power to be able to service debt

Man... this is a hard sell.. because of this

"You mean stagflation was a good thing ... because more of your $ were going to your food purchases right"

I'll take the economy of 1978 over now any day of the week and twice on Sunday. Anyone who knows anything about economics would.

joeyjojojunior says

I'll take the economy of 1978 over now any day of the week and twice on Sunday. Anyone who knows anything about economics would.

Of course because liberals love the high inflation thesis of 1978 but don't adjust to the expansion of incomes, jobs and wealth of the next 4 decades

and they all live here..

Shocking that educated liberals working and living in coastal cities are the ones doing well but they hate it ... they hate what America has become

"Of course because liberals love the high inflation thesis of 1978 but don't adjust to the expansion of incomes, jobs and wealth of the next 4 decades and they all live here.. Shocking that educated liberals working and living in coastal cities are the ones doing well but they hate it ... they hate what America has become"

What does this jibberish even mean? Do you have a point to make here?

And getting back to the original topic we were discussing--how do the retail sales and hourly earnings growth from 1920-29 compare to the last 10 years?

joeyjojojunior says

how do the retail sales and hourly earnings growth from 1920-29 compare to the last 10 years?

If you understand this chart you would realize how useless it is to promote a 1929 crash...liberal wet dream of capitalism dying ..and hoping for the failed state like there beloved government socialist economies of before

Hint:

Marx failed, his grandchildren failed.... The old style of socialism died with the Soviet Union , every economy is a private and public corporation which drives the left mad ... simply mad because if forces you to get an education, work, and stay off drugs

Shocking most Americans are hard working people who don't cry and beg every day... how can this be...

Its a shame that Marx and Malthus aren't alive to watch their epic calls fail

Humans progressed, poverty is down

Logan is giving seminar in real time ON HOW TO BE WORLD'S BIGGEST DOUCHEBAG!!!

freespeechforever says

ON HOW TO BE WORLD'S BIGGEST DOUCHEBAG!!!

Douchebad, mommy and daddy, idiots, countless name calling...

I mean I must be doing this for a reason ... if America doesn't collapse in the next 10 years, every worthless liberal and conservative thesis on this Hell Hole of a site is time stamped

Don't worry I have hustled a lot better ball players than you guys...

Better get that American crash and poverty blow up soon... you don't want to sound like a Chump right????

freespeechforever says

douchebaguette.

"If you understand this chart you would realize how useless it is to promote a 1929 crash...liberal wet dream of capitalism dying ..and hoping for the failed state like there beloved government socialist economies of before"

This is where you make me laugh. Why would you post that chart with some cryptic sentence about liberals, wet dreams, and socialists? Are you incapable of making a cogent, logical argument? Are the people at your conferences so dizzied by colors and pie charts that they don't care if you actually make sense? Please elaborate on what YOU think that chart says and how it is applicable to the discussion at hand.

"Shocking most Americans are hard working people who don't cry and beg every day... how can this be... "

Of course they are. Americans are great. The problem isn't that people are lazy. The problem is that the system is rigged for the 1%.

Logan Mohtashami says

I am curious, haven't you ever ???

Haven't I what? Don't understand your question.

APOCALYPSEFUCK_is_ADORABLE says

Hey, everyone, call this outfit and ask how much it costs for a speaking slot at their Fast Forward scamference. Details below.

Awwww poor baby

Little troll who hides behind a fake is upset that mommy and daddy didn't give him a real name

I am so sorry.. it's ok... maybe we can have a spelling B contest here and you guys can beat me on that

Call David Stockman and ask him how much he paid to speak

and Christopher Whallen

Also

Call the President of Ginne Mae, Mark Fleeming the head economist at first american and ask them how much they paid

Call the President of Radiant and ask her how much she paid

Come on

I dare you I double dare you to do this

FP says

Haven't I what? Don't understand your question.

that I am just giving the illusion of being just a loan officer ...

Logan Mohtashami says

Marx failed, his grandchildren failed

How exactly did they fail?

FP says

How exactly did they fail?

Do you see any revolt in America? do you see mass poverty in America ... no way there could be a consumption based society of any duration because the masses would rise to revolt

You still don't make sense...

FP says

You still don't make sense...

I shouldn't make sense to any of you guys

You have to project a bad economy .. what else would you talk about .... None of you can read data properly, none of you would ever put your real names and faces out here

Just look at your headline conversation topics

You're all way to educated to act like rag doll trolls.. I am just calling your BS... time will prove me right.... my goal is to time stamp all of you people... that's all and when 2027 comes and nothing has collapsed

Apologize to everyone for this sickness and madness of an American collapse

Logan Mohtashami says

FP says

How exactly did they fail?

Do you see any revolt in America? do you see mass poverty in America ... no way there could be a consumption based society of any duration because the masses would rise to revolt

Because there is no revolt in America, Marx has failed? Very deep.

Blah, blah, blah. Whenever you're called on your bullshit, you resort to the same tired nonsense about fake names, time stamping posts, and Anti-American.

Wake me up when you get a new shtick.

joeyjojojunior says

Blah, blah, blah. Whenever you're called on your bullshit

Brilliant ... beautiful... Now we are getting some where

I hope to god I piss every one of you Anti Americans bears off... because your stuff is dreadful.. just terrible

Hold on your horses buddy. I only asked you to clarify a question you asked me, which was ambiguous.

FP says

e, which was ambiguous.

Logan Mohtashami says

This was never supposed to happen, poverty was never supposed to collapse like it did

Mortality has collapsed

People are reading now

All of your death calls have failed

and Americans are working, raising their families ...

Taking phrases out of context and making anti-American accusations - is this you Senator McCarthy, back from the dead?

FP says

Senator McCarthy,

He was Fighting a fake enemy that didn't pose a threat

Don't give yourself that much credit

Your theories lack data

and you can't even give your country credit for what it has done the last 70 years

nutcase

Any success you might have reflects not so much positively on you but negatively on the field you are in.