GOP view of economy disconnected from reality

[Toddsterpatriot]

Sure, how about BLS numbers.

Real Earnings News Release - 2023 M10 Results

What about them? They don't help citygator's claim.

 

[otto105]

What about them? They don't help citygator's claim.

Does show they're decreasing either.

But inflation is and wages will remain.

 

[citygator]

Wages are up.

Not according to FRED.

View attachment 865224

Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over | FRED | St. Louis Fed

Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over from Q1 1979 to Q2 2024 about full-time, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.

fred.stlouisfed.org

Q1 2020 $367 weekly. Q3 2023 $365 weekly.

You understand that $365 is less than $367......right? Right? RIGHT?

DURR

You must be used to debating stupid people to try that on me. That's not pre-covid genius. March numbers are highly distorted. Now that you admit 2019 is lower than 2023 in real terms you are trying to use covid numbers... not going to fly. Regardless, even if I were to use your distorted time period in real dollar terms that isnt even a half a percent. LOL... Ohhhhh nooooooooo.

 

[Toddsterpatriot]

Does show they're decreasing either.

But inflation is and wages will remain.

Doesn't go back to pre-Covid numbers you moron.

 

[Toddsterpatriot]

You must be used to debating stupid people to try that on me. That's not pre-covid genius. March numbers are highly distorted. Now that you admit 2019 is lower than 2023 in real terms you are trying to use covid numbers... not going to fly. Regardless, even if I were to use your distorted time period in real dollar terms that isnt even a half a percent. LOL... Ohhhhh nooooooooo.

That's not pre-covid genius.

Q1 2020 isn't pre-Covid?

Now that you admit 2019 is lower than 2023 in real terms

Ummm.. is $367 higher than $365?

I admit, you're awful with numbers.

 

[citygator]

Q1 2020 isn't pre-Covid?

Nope. Look at the orange bar. See how it goes down Q1 2020? Thats the covid impact. You cant use numbers from 2020. However.. as I said above... even if you use Q1 2020 which was the highest real wages of all time to that point... we are within a half a percent of that, and above every other quarter in modern history.

 

[Harry Dresden]

Sure some, how does that mitigate a record Black Friday?

because like taz said.....some people live beyond their means and dont seem to care if they go into CC debt to do it.....

 

[citygator]

because like taz said.....some people live beyond their means and dont seem to care if they go into CC debt to do it.....

Sage advice but we are not in a credit card bubble.

 

[Toddsterpatriot]

Nope. Look at the orange bar. See how it goes down Q1 2020? Thats the covid impact. You cant use numbers from 2020. However.. as I said above... even if you use Q1 2020 which was the highest real wages of all time to that point... we are within a half a percent of that, and above every other quarter in modern history.

View attachment 865251

Nope. Look at the orange bar. See how it goes down Q1 2020? Thats the covid impact. You cant use numbers from 2020.

Stimulus checks didn't go out until Q2 2020.

we are within a half a percent of that, and above every other quarter in modern history.

Except for all the other quarters that were higher than this one.

With all of Biden's "good works", why is the deficit over $2 trillion this year?

 

[The Sage of Main Street]

No. There are people who say the economy sucks as an FU to demcrats while spending a record amount of their money on Black Friday cyber deals and snatch up homes like they are going out of style…

Awake From the Nightmare of WOKE

Maybe the optimists are anticipating a return to the MAGA economy.

 

[The Sage of Main Street]

Read the link. I’m not kidding.

Links Are Part of a Chain Gang

 

[citygator]

Nope. Look at the orange bar. See how it goes down Q1 2020? Thats the covid impact. You cant use numbers from 2020.

Stimulus checks didn't go out until Q2 2020.

we are within a half a percent of that, and above every other quarter in modern history.

Except for all the other quarters that were higher than this one.

With all of Biden's "good works", why is the deficit over $2 trillion this year?

Deflection. Now that you can see people’s real wages are at all time highs other than covid adjusted numbers you want to pivot to taking about Donald Trump’s tax cuts and ascribe the problems they caused to the current economy? Like I said, you aren’t debating a maga moron.

 

[Toddsterpatriot]

Deflection. Now that you can see people’s real wages are at all time highs other than covid adjusted numbers you want to pivot to taking about Donald Trump’s tax cuts and ascribe the problems they caused to the current economy? Like I said, you aren’t debating a maga moron.

You're much dimmer than a maga moron.

 

[Toddsterpatriot]

you want to pivot to taking about Donald Trump’s tax cuts and ascribe the problems they caused to the current economy?

Trump's tax cuts caused Biden to add more than $2 trillion to the debt this year?

Damn, you are a moron.

 

[citygator]

Trump's tax cuts caused Biden to add more than $2 trillion to the debt this year?

Damn, you are a moron.

Here you can see corporate tax receipts go DOWN while profits stay high 2016-2020.

 

[otto105]

Trump's tax cuts caused Biden to add more than $2 trillion to the debt this year?

Damn, you are a moron.

If those tax cuts had not went into effect, what would the revenue be from the previous tax rate.

Any analyst of those tax cuts shows they didn't work and costed our government revenue.

 

[citygator]

If those tax cuts had not went into effect, what would the revenue be from the previous tax rate.

Any analyst of those tax cuts shows they didn't work and costed our government revenue.

The tax revenue from corporations went down dramatically exactly when Trump cut the tax rates of corporations.

 

[citygator]

If those tax cuts had not went into effect, what would the revenue be from the previous tax rate.

Any analyst of those tax cuts shows they didn't work and costed our government revenue.

Misread. Fixed my response.

 

[otto105]

Misread. Fixed my response.

No worries, I know where you stand and it's not on the dumb maga side.

 

[CrusaderFrank]

And yet here you are posting with a new android phone.

You sound like Biden's press secretary