Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.
You've been predicting obamacare would crater the economy for years. We know how your predictions have worked out.
I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.
No it's not. He and Bush really fucked up the debt and this cuntry is a mess, but like Honda, you seem to focus blame on one party in a myopic way when the whole system is screwed up.
Disagree. I have repeated that both parties are fucked up. However, we are not in a depression and letting Iran build a monster nuclear arsenal.
Okay, you say that, but you still defend sell-outs like Hillary
I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.
No it's not. He and Bush really fucked up the debt and this cuntry is a mess, but like Honda, you seem to focus blame on one party in a myopic way when the whole system is screwed up.
Disagree. I have repeated that both parties are fucked up. However, we are not in a depression and letting Iran build a monster nuclear arsenal.
The world is ducked up because we're all slaves to the neoliberal financial institutions, and that includes the US even though we wrote the fucking rules. Want to understand the war on unions? Want to understand reduced employment following the recession? Want to understand why the shadowy trade negotiations that you hear about every now and then are so hated by people that read history?
Not that retarded specimens of evolution like d2d have any idea who the true paymasters are in our society.
This.
I guess if you're doing really well (for Suckattle that would probably mean $150,000 k a yr plus at this point) I can see not caring, but at some point there's going to be a French Revolution type event if things don't change.
I did some work last spring and had access to people's demographic info (then I sold that info - just kidding), and you'd be shocked at the number of 23-30 yr olds living at home. This isn't the ghetto (oh I can't say that now). This is what's considered a good, middle class area, or was. It's not the America I grew up in and it's a long way from Postwar America. People keep putting their heads in the sand though.
I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.
No it's not. He and Bush really fucked up the debt and this cuntry is a mess, but like Honda, you seem to focus blame on one party in a myopic way when the whole system is screwed up.
Disagree. I have repeated that both parties are fucked up. However, we are not in a depression and letting Iran build a monster nuclear arsenal.
Okay, you say that, but you still defend sell-outs like Hillary
You don't read well. You take me calling out blatant lies as "defending". It's really just calling it the stupidity of the poster.
I can't speak to what will happen in the equity markets over the next 12 months but I gave you a WTF for saying China is still growing at 8%. Even with their massaged numbers, they'll be lucky to hit 7% this year and grew at 7.4% in 2014.
And while increasing consumer confidence helps (due largely to lower gas prices), there's more alarming data out there that more than offsets it (and gas prices could rise again in a few months with the summer driving season):
This # bottomed. U.S. economy is back for the next 4 years, but the stock market is going to drop at least by 30% within the next year. Most the rest of the economies around the world will be at zero growth for the next 3 years -> why commodities' prices are dropping so much + the dollar is strengthening with interest rate rises coming to kill the housing market. I'm short gold through "DGLD" 3X gold bear fund. Gold and oil are priced in dollars - rest of the world doesn't like the prices of those with a strengthening dollar.
You are partly right. The dollar is at 12 year highs, and that means oil and gold prices will be dropping.
The stock market will not drop 30% the next year. Consumer confidence is increasing in America, which is offsetting the other economies "decline". I put decline in quotes because counties like China are growing at 8% still, but down from 13%. It will drop in the near future due to a natural cycle. It will be a shallow quick recession (if you don't know what that means, think of your sex life, let's just say it's always consensual for you). The timing will be a after the election. No matter who is elected.
But the most pertinent question is why are so many 23 to 30 year olds living at home?
1. U-6 is still high:
2. Ever since Big Government Politico Nancy Pelosi got the Federales more involved in making college "affordable" for American families, schools raised their tuition costs and debt exploded (Pelosi started her destructive efforts in 2000 or 2001 though this graph only goes back to 2006):
3. The knowledge based economy has continued to widen the earnings gap between those with just a high school degree and those with a college education or more:
My solution? Get the government out of more aggressively financing student loans and instead expand Pell Grants while perhaps matching dollar for dollar any spending states do on their technical / community college systems. Making these 2 year schools better would increase their attractiveness to families that can only pay for 2 years of school or can't pay for 4 years of education at a state school but can pay for 2 years of CC and then 2 years of state university tuition.
I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.
No it's not. He and Bush really fucked up the debt and this cuntry is a mess, but like Honda, you seem to focus blame on one party in a myopic way when the whole system is screwed up.
Disagree. I have repeated that both parties are fucked up. However, we are not in a depression and letting Iran build a monster nuclear arsenal.
The world is ducked up because we're all slaves to the neoliberal financial institutions, and that includes the US even though we wrote the fucking rules. Want to understand the war on unions? Want to understand reduced employment following the recession? Want to understand why the shadowy trade negotiations that you hear about every now and then are so hated by people that read history?
Not that retarded specimens of evolution like d2d have any idea who the true paymasters are in our society.
This.
I guess if you're doing really well (for Suckattle that would probably mean $150,000 k a yr plus at this point) I can see not caring, but at some point there's going to be a French Revolution type event if things don't change.
I did some work last spring and had access to people's demographic info (then I sold that info - just kidding), and you'd be shocked at the number of 23-30 yr olds living at home. This isn't the ghetto (oh I can't say that now). This is what's considered a good, middle class area, or was. It's not the America I grew up in and it's a long way from Postwar America. People keep putting their heads in the sand though.
Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.
You've been predicting obamacare would crater the economy for years. We know how your predictions have worked out.
But the most pertinent question is why are so many 23 to 30 year olds living at home?
1. U-6 is still high:
2. Ever since Big Government Politico Nancy Pelosi got the Federales more involved in making college "affordable" for American families, schools raised their tuition costs and debt exploded (Pelosi started her destructive efforts in 2000 or 2001 though this graph only goes back to 2006):
3. The knowledge based economy has continued to widen the earnings gap between those with just a high school degree and those with a college education or more:
My solution? Get the government out of more aggressively financing student loans and instead expand Pell Grants while perhaps matching dollar for dollar any spending states do on their technical / community college systems. Making these 2 year schools better would increase their attractiveness to families that can only pay for 2 years of school or can't pay for 4 years of education at a state school but can pay for 2 years of CC and then 2 years of state university tuition.
I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.
No it's not. He and Bush really fucked up the debt and this cuntry is a mess, but like Honda, you seem to focus blame on one party in a myopic way when the whole system is screwed up.
Disagree. I have repeated that both parties are fucked up. However, we are not in a depression and letting Iran build a monster nuclear arsenal.
The world is ducked up because we're all slaves to the neoliberal financial institutions, and that includes the US even though we wrote the fucking rules. Want to understand the war on unions? Want to understand reduced employment following the recession? Want to understand why the shadowy trade negotiations that you hear about every now and then are so hated by people that read history?
Not that retarded specimens of evolution like d2d have any idea who the true paymasters are in our society.
This.
I guess if you're doing really well (for Suckattle that would probably mean $150,000 k a yr plus at this point) I can see not caring, but at some point there's going to be a French Revolution type event if things don't change.
I did some work last spring and had access to people's demographic info (then I sold that info - just kidding), and you'd be shocked at the number of 23-30 yr olds living at home. This isn't the ghetto (oh I can't say that now). This is what's considered a good, middle class area, or was. It's not the America I grew up in and it's a long way from Postwar America. People keep putting their heads in the sand though.
I read something the other day that said students in the 70s came out with around 4-5k in inflation adjusted loans, compared to 20k+ today. Easy to see why the "kids" aren't getting into houses or starting businesses at the same rate. You're absolutely right that extending more loans has given colleges a green light to raise tuition.
Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.
You've been predicting obamacare would crater the economy for years. We know how your predictions have worked out.
You mean like 5 years after a recession ended the Fed is still too scared to have normal interest rates because the economy is too fragile and the labor participation rate is the lowest in a boatload of years?
Well some of the people the Feds funded to go to college weren't necessarily a good fit for a 4 year school so that's where technical schools and community colleges come in (giving people more skills than a high school grad but spending less time/money on a 4 year school).
Or do you mean that if the Feds materially cut back on providing student loans to anyone with a heartbeat, 4 year schools will actually reduce their tuition on an inflation adjusted basis in the next 5 to 10 years?
But the most pertinent question is why are so many 23 to 30 year olds living at home?
1. U-6 is still high:
2. Ever since Big Government Politico Nancy Pelosi got the Federales more involved in making college "affordable" for American families, schools raised their tuition costs and debt exploded (Pelosi started her destructive efforts in 2000 or 2001 though this graph only goes back to 2006):
3. The knowledge based economy has continued to widen the earnings gap between those with just a high school degree and those with a college education or more:
My solution? Get the government out of more aggressively financing student loans and instead expand Pell Grants while perhaps matching dollar for dollar any spending states do on their technical / community college systems. Making these 2 year schools better would increase their attractiveness to families that can only pay for 2 years of school or can't pay for 4 years of education at a state school but can pay for 2 years of CC and then 2 years of state university tuition.
I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.
No it's not. He and Bush really fucked up the debt and this cuntry is a mess, but like Honda, you seem to focus blame on one party in a myopic way when the whole system is screwed up.
Disagree. I have repeated that both parties are fucked up. However, we are not in a depression and letting Iran build a monster nuclear arsenal.
The world is ducked up because we're all slaves to the neoliberal financial institutions, and that includes the US even though we wrote the fucking rules. Want to understand the war on unions? Want to understand reduced employment following the recession? Want to understand why the shadowy trade negotiations that you hear about every now and then are so hated by people that read history?
Not that retarded specimens of evolution like d2d have any idea who the true paymasters are in our society.
This.
I guess if you're doing really well (for Suckattle that would probably mean $150,000 k a yr plus at this point) I can see not caring, but at some point there's going to be a French Revolution type event if things don't change.
I did some work last spring and had access to people's demographic info (then I sold that info - just kidding), and you'd be shocked at the number of 23-30 yr olds living at home. This isn't the ghetto (oh I can't say that now). This is what's considered a good, middle class area, or was. It's not the America I grew up in and it's a long way from Postwar America. People keep putting their heads in the sand though.
I read something the other day that said students in the 70s came out with around 4-5k in inflation adjusted loans, compared to 20k+ today. Easy to see why the "kids" aren't getting into houses or starting businesses at the same rate. You're absolutely right that extending more loans has given colleges a green light to raise tuition.
Would they really lower tuition without being forced to by the state? I see it more as just halting future escalators. There's actually a bill in Olympia right now that would return instate tuition to where it should've been if the inflation number wasn't changed post-2008, though I'm not confident it's going to pass. Would drop 2k per year.
Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.
You've been predicting obamacare would crater the economy for years. We know how your predictions have worked out.
You mean like 5 years after a recession ended the Fed is still too scared to have normal interest rates because the economy is too fragile and the labor participation rate is the lowest in a boatload of years?
No relationship...at all...
There's more to economic news than labor participation rates.
Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.
You've been predicting obamacare would crater the economy for years. We know how your predictions have worked out.
You mean like 5 years after a recession ended the Fed is still too scared to have normal interest rates because the economy is too fragile and the labor participation rate is the lowest in a boatload of years?
No relationship...at all...
There's more to economic news than labor participation rates.
HTH
You mean like median income still falling and the majority of the (lower than should be) jobs being generated being McJobs? Thanks for bringing it up. Think about it...the Federal Reserve thinks the economy is still so fragile 5 YEARS after the recession is over (and Obamacare passesd) that they think interest rates have to be 0%. Not even 2%, or even 1%, but 0%. 5 YEARS after the recession is over.
But hey...companies can borrow money cheap and buy up their own stock to keep the stock market going up so everything must be grand.
Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.
You've been predicting obamacare would crater the economy for years. We know how your predictions have worked out.
You mean like 5 years after a recession ended the Fed is still too scared to have normal interest rates because the economy is too fragile and the labor participation rate is the lowest in a boatload of years?
No relationship...at all...
There's more to economic news than labor participation rates.
HTH
You mean like median income still falling and the majority of the (lower than should be) jobs being generated being McJobs? Thanks for bringing it up. Think about it...the Federal Reserve thinks the economy is still so fragile 5 YEARS after the recession is over (and Obamacare passesd) that they think interest rates have to be 0%. Not even 2%, or even 1%, but 0%. 5 YEARS after the recession is over.
But hey...companies can borrow money cheap and buy up their own stock to keep the stock market going up so everything must be grand.
Except median income is not declining. That was in August and it's grown since.
We will go through another recession before the fed starts bumping rates up on a meaningful level. Again, interest rates are not indicative of a healthy or poor economy, especially since the value of the dollar is at the highest since 2003 or so.
A comparison of real median household income over the past six years shows that income is 8.0 percent lower than in 2007, the year before the nation entered an economic recession.
As 538 more aptly said, Five Years Of "Recovery" Haven’t Boosted The Median Household Income...and they point out little caveats in the data that show the even this piss-poor result can be misleading, including the fact that "So-called boomerang children, 20-somethings living in their parents’ basements because they can’t find good jobs don’t count as their own households and thus are left out of those numbers. (Their income still counts, but it’s part of their parents’ household income.)" (side-note...44% of jobless 18-34 year olds are now living with their parents, and ~25% of those with jobs are still living with their parents...food for thought for anyone besides 200140ex who can actually think for themselves...)
And yeah, 0% interest rates (hey, you want money...we'll give it to you no questions asked...we won't even charge you anything for having it...really....just take it...) says nothing about the economy. FS.
Obama really loves you...I know he tells you that while you *gurgle*...and he will as long as you still keep *gurgling*...
A comparison of real median household income over the past six years shows that income is 8.0 percent lower than in 2007, the year before the nation entered an economic recession.
As 538 more aptly said, Five Years Of "Recovery" Haven’t Boosted The Median Household Income...and they point out little caveats in the data that show the even this piss-poor result can be misleading, including the fact that "So-called boomerang children, 20-somethings living in their parents’ basements because they can’t find good jobs don’t count as their own households and thus are left out of those numbers. (Their income still counts, but it’s part of their parents’ household income.)" (side-note...44% of jobless 18-34 year olds are now living with their parents, and ~25% of those with jobs are still living with their parents...food for thought for anyone besides 200140ex who can actually think for themselves...)
And yeah, 0% interest rates (hey, you want money...we'll give it to you no questions asked...we won't even charge you anything for having it...really....just take it...) says nothing about the economy. FS.
Obama really loves you...I know he tells you that while you *gurgle*...and he will as long as you still keep *gurgling*...
I'm glad you agree you were wrong.
Really it comes down to this. There's more economic indicators saying the economy is good than bad. But keep reading doom and gloom conservative websites while I invest and make money.
If you got that out of my reply you are even more FS than I thought. Actually...I take that back. That's pretty much impossible by now.
Your post clearly showed that median income was rising.
And like I said. Some economic indicators are bad, others are good. None are great other than maybe the stock market and corporate profits. You are choosing to focus on the negative indicators to make your point while ignoring the positive aspects. All because you don't like Obama.
And no to the rest of your drivel as well, but we've already shown that to be over your head.
Keep *Gurgling*
Agreed. My head isn't buried in the sand thinking everything is wrong in the world because Obama is president. It'll be amazing if a republican gets elected. Then the story will be "unemployment is under 6%, stock market at all time highs, low interest rates are great, etc."
But keep it up that I'm FS. While you are posting incorrect facts.
Comments
I guess if you're doing really well (for Suckattle that would probably mean $150,000 k a yr plus at this point) I can see not caring, but at some point there's going to be a French Revolution type event if things don't change.
I did some work last spring and had access to people's demographic info (then I sold that info - just kidding), and you'd be shocked at the number of 23-30 yr olds living at home. This isn't the ghetto (oh I can't say that now). This is what's considered a good, middle class area, or was. It's not the America I grew up in and it's a long way from Postwar America. People keep putting their heads in the sand though.
And while increasing consumer confidence helps (due largely to lower gas prices), there's more alarming data out there that more than offsets it (and gas prices could rise again in a few months with the summer driving season):
valuewalk.com/2015/02/albert-edwards-depression-forecast/
1. U-6 is still high:
2. Ever since Big Government Politico Nancy Pelosi got the Federales more involved in making college "affordable" for American families, schools raised their tuition costs and debt exploded (Pelosi started her destructive efforts in 2000 or 2001 though this graph only goes back to 2006):
3. The knowledge based economy has continued to widen the earnings gap between those with just a high school degree and those with a college education or more:
My solution? Get the government out of more aggressively financing student loans and instead expand Pell Grants while perhaps matching dollar for dollar any spending states do on their technical / community college systems. Making these 2 year schools better would increase their attractiveness to families that can only pay for 2 years of school or can't pay for 4 years of education at a state school but can pay for 2 years of CC and then 2 years of state university tuition.
Also, the answer is not more community colleges.
No relationship...at all...
Or do you mean that if the Feds materially cut back on providing student loans to anyone with a heartbeat, 4 year schools will actually reduce their tuition on an inflation adjusted basis in the next 5 to 10 years?
HTH
But hey...companies can borrow money cheap and buy up their own stock to keep the stock market going up so everything must be grand.
Just remember to...
Except median income is not declining. That was in August and it's grown since.
We will go through another recession before the fed starts bumping rates up on a meaningful level. Again, interest rates are not indicative of a healthy or poor economy, especially since the value of the dollar is at the highest since 2003 or so.
Median household income in the United States in 2013 was $51,939; the change in real terms from the 2012 median of $51,759 was not statistically significant. This is the second consecutive year that the annual change was not statistically significant, following two consecutive annual declines.
followed by:
A comparison of real median household income over the past six years shows that income is 8.0 percent lower than in 2007, the year before the nation entered an economic recession.
As 538 more aptly said, Five Years Of "Recovery" Haven’t Boosted The Median Household Income...and they point out little caveats in the data that show the even this piss-poor result can be misleading, including the fact that "So-called boomerang children, 20-somethings living in their parents’ basements because they can’t find good jobs don’t count as their own households and thus are left out of those numbers. (Their income still counts, but it’s part of their parents’ household income.)" (side-note...44% of jobless 18-34 year olds are now living with their parents, and ~25% of those with jobs are still living with their parents...food for thought for anyone besides 200140ex who can actually think for themselves...)
And yeah, 0% interest rates (hey, you want money...we'll give it to you no questions asked...we won't even charge you anything for having it...really....just take it...) says nothing about the economy. FS.
Obama really loves you...I know he tells you that while you *gurgle*...and he will as long as you still keep *gurgling*...
Really it comes down to this. There's more economic indicators saying the economy is good than bad. But keep reading doom and gloom conservative websites while I invest and make money.
And like I said. Some economic indicators are bad, others are good. None are great other than maybe the stock market and corporate profits. You are choosing to focus on the negative indicators to make your point while ignoring the positive aspects. All because you don't like Obama.
And no to the rest of your drivel as well, but we've already shown that to be over your head.
Keep *Gurgling*
But keep it up that I'm FS. While you are posting incorrect facts.