9.00 minimum wage is not enough...

[Kite High]

lol, conspiercy? i can just hear the uneducated southern douchebag leaping off the keyboard whenever you type.

food and gas are volatile goods. the price of food has more to do with the weather than anything else. you notice the huge drought across the nation and what that did to the price of beef?

that's why they don't count food and gas in the inflation number, you two bit moron.

hey hey watch the southern chops there broski

 

[UncleBuck]

THE CPI COUNTS FOOD YOU FUCKING IDIOT. Do you need fucking crayola drawing and highlights?

one measure of CPI does, the other does not. the other CPI that does not count food and gas in inflation is what the fed uses, to boot.

and it does not surprise me that you go straight for the crayolas, it's probably part of how you lure in your victims, ya sick fuck! i know you're all dark triad and shit and lower your standards and all, but leave the kids alone.

 

[kpmarine]

lol, conspiercy? i can just hear the uneducated southern douchebag leaping off the keyboard whenever you type.

food and gas are volatile goods. the price of food has more to do with the weather than anything else. you notice the huge drought across the nation and what that did to the price of beef?

that's why they don't count food and gas in the inflation number, you two bit moron.

Sorry Buck, he's got you on this one. From http://www.bls.gov/cpi/cpiqa.htm it's their top question.[h=4]Has the BLS removed food or energy prices in its official measure of inflation?[/h]No. The BLS publishes thousands of CPI indexes each month, including the headline All Items CPI for All Urban Consumers (CPI-U) and the CPI-U for All Items Less Food and Energy. The latter series, widely referred to as the "core" CPI, is closely watched by many economic analysts and policymakers under the belief that food and energy prices are volatile and are subject to price shocks that cannot be damped through monetary policy. However, all consumer goods and services, including food and energy, are represented in the headline CPI.
Most importantly, none of the prominent legislated uses of the CPI excludes food and energy. Social security and federal retirement benefits are updated each year for inflation by the All Items CPI for Urban Wage Earners and Clerical Workers (CPI-W). Individual income tax parameters and Treasury Inflation-Protected Securities (TIPS) returns are based on the All Items CPI-U.

 

[nontheist]

one measure of CPI does, the other does not. the other CPI that does not count food and gas in inflation is what the fed uses, to boot.

and it does not surprise me that you go straight for the crayolas, it's probably part of how you lure in your victims, ya sick fuck! i know you're all dark triad and shit and lower your standards and all, but leave the kids alone.

So you want to bring core inflation into the mix that shows nothing of real world situations. CPI counts food and fuel inflation for accurate inflation information. So your saying you want half the information again even if it's wrong?

 

[nontheist]

Sorry Buck, he's got you on this one. From http://www.bls.gov/cpi/cpiqa.htm it's their top question.Has the BLS removed food or energy prices in its official measure of inflation?

No. The BLS publishes thousands of CPI indexes each month, including the headline All Items CPI for All Urban Consumers (CPI-U) and the CPI-U for All Items Less Food and Energy. The latter series, widely referred to as the "core" CPI, is closely watched by many economic analysts and policymakers under the belief that food and energy prices are volatile and are subject to price shocks that cannot be damped through monetary policy. However, all consumer goods and services, including food and energy, are represented in the headline CPI.
Most importantly, none of the prominent legislated uses of the CPI excludes food and energy. Social security and federal retirement benefits are updated each year for inflation by the All Items CPI for Urban Wage Earners and Clerical Workers (CPI-W). Individual income tax parameters and Treasury Inflation-Protected Securities (TIPS) returns are based on the All Items CPI-U.

He is grasping as usual.

 

[kpmarine]

He is grasping as usual.

There have been many times where I agree with the guy, to be honest. This one seems genuinely incorrect though. If the BLS went to the trouble to make that their first FAQ, I'd say it's a common misconception though.

 

[nontheist]

There have been many times where I agree with the guy, to be honest. This one seems genuinely incorrect though. If the BLS went to the trouble to make that their first FAQ, I'd say it's a common misconception though.

I for one haven't seen a honest fact from him. He trolls relentlessly on conjecture and when asked for simple proof resorts to name calling. So saying his credibility is questionable is a bit of an understatement.

 

[kpmarine]

I for one haven't seen a honest fact from him. He trolls relentlessly on conjecture and when asked for simple proof resorts to name calling. So saying his credibility is questionable is a bit of an understatement.

Well, there's no point in debating that, really. I will agree that this one is wrong, according to the most credible source for such a thing.

 

[UncleBuck]

So you want to bring core inflation into the mix that shows nothing of real world situations. CPI counts food and fuel inflation for accurate inflation information. So your saying you want half the information again even if it's wrong?

both information sets are useful, but you're not accounting for just inflation if you count food.

lots of food prices went way, way up because of the drought last year, but they'll be back down again soon enough. if you count food, you're adding a weather map to your inflation chart.

volatile goods are not a good measure of inflation. deal with it.

 

[UncleBuck]

Well, there's no point in debating that, really. I will agree that this one is wrong, according to the most credible source for such a thing.

i'd be wrong if i made any claim to the contrary, but i haven't. i'm just talking about the inflation that the feds use, core inflation.

i had no idea what type of CPI they use to do COLA increases for SS or anything.

 

[kpmarine]

i'd be wrong if i made any claim to the contrary, but i haven't. i'm just talking about the inflation that the feds use, core inflation.

i had no idea what type of CPI they use to do COLA increases for SS or anything.

Which "feds" are you referring to? That's a pretty broad category. The IRS falls under "feds" and it applies to them too. From the post I made above: "Individual income tax parameters and Treasury Inflation-Protected Securities (TIPS) returns are based on the All Items CPI-U" Maybe I'm just misunderstanding what you mean by "feds"?

 

[UncleBuck]

Which "feds" are you referring to? That's a pretty broad category. The IRS falls under "feds" and it applies to them too. From the post I made above: "Individual income tax**** parameters and Treasury Inflation-Protected Securities (TIPS) returns are based on the All Items CPI-U" Maybe I'm just misunderstanding what you mean by "feds"?

i should have said "fed", as in the federal reserve. "feds" is known connotatively as something much different.

 

[nontheist]

i should have said "fed", as in the federal reserve. "feds" is known connotatively as something much different.

An idiot that can't let go. The federal reserve uses all inflation numbers from CPE and CPI to report and ONLY use a variety of core to identify inflation trends. Core numbers lack inflation of living cost and is useless in monitoring how bad inflation is effecting living cost.

http://www.federalreserve.gov/faqs/economy_14419.htm

 

[Red1966]

BarryO is pretty cheap....Next year a 19 year old is going to have a monthly Obama care bill of 90.00 per month if he makes 10.00 per hour.....good luck with that BarryO...I think a 19 year old is going to have a hard time paying the rent...

That 19 year old might want to think twice before pissing off his parents, if they're still covering him on their insurance and letting him stay at home. But 19 year olds, by nature, seldom think twice before acting.

 

[Red1966]

it's actually closer to $80 a month, which is a steal. i know you're pretty dumb and all, but not many people making $20k want to risk catastrophe over $80 a month. and it's pretty hard to pay for hundreds of thousands of dollars in chemo treatments on $20k a year. lol @ double digit inflation. http://www.unskewedpolls.com

I would wager nearly all 19 year olds would "risk catastrophe over $80 a month". Have you forgotten what it's like to be a teenager and think you're going to live forever?

 

[Harrekin]

That 19 year old might want to think twice before pissing off his parents, if they're still covering him on their insurance and letting him stay at home. But 19 year olds, by nature, seldom think twice before acting.

What do you know about 19 year olds?

Did any of yours last that long?

 

[Red1966]

when their 2% payroll tax cut expired at the behest of boehner.

Nice try, but I didn't hear Obama opposing the end of the cut. Pretending Boehner is responsible is dishonest.

 

[nontheist]

What do you know about 19 year olds?

Did any of yours last that long?

+3 points for morbid trolling

 

[Red1966]

I'm assuming you are in CA. I lived in LA in the late 80s early 90s and our POS apartment in hollywood which in Milwaukee where we moved from would of been maybe 350, was over 1,000. Now I couldn't imagine what prices are although I hear POS apartments around LA are about the same now as it was in 1990. Where I am near WY it is 5.15 hour. CA is still 8 an hour so maybe you are in another country. lol

I was offered a job in San Diego, but minimum $800,000 for a POS home in a gawd-awful neighborhood convinced me to decline the offer.

 

[UncleBuck]

Nice try, but I didn't hear Obama opposing the end of the cut. Pretending Boehner is responsible is dishonest.

history doesn't vanish just because you are butthurt.

https://www.rollitup.org/politics/592046-gop-fiscal-cliff-counter-offer.html