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07-13-2018, 01:50 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by Chicks
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Oh, I see. Yahoo News takes a TINY data slice quarter over quarter and decides that an economic plan isn't working and Americans aren't noticing. RIIIGGGGHHTT!
If you expand the data slice just a tiny bit, year over year, it looks a weeeeee bit different.
Wages in the United States increased 4.56 percent in April of 2018 over the same month in the previous year.
https://tradingeconomics.com/united-states/wage-growth
If this keeps up, and it shows no sign of abating since the labor market continues to show strength, year over year wage growth will be quite strong. Inflation is a risk, but the Feds don't seem surprised by anything that's happening and believe that current inflationary trends are on par with expectations established in 2017.
Incidentally, we also have competing info from USA Today and Glassdoor that suggested June 2018 was the strongest month for wage growth 2018 YTD.
"With unemployment hovering around historic lows, employers' need to fill roles climbs," said Glassdoor Chief Economist Andrew Chamberlain in a press release. "What results is that more workers, especially in high demand industries like healthcare, finance, and e-commerce, are in the driver's seat to negotiate for better pay in order to fill these roles."
The Glassdoor data showed that traditional blue-collar jobs -- such as truck driver, warehouse associate, and materials handler -- posted large wage gains. The increases were tied to the increasing demand for manpower in those areas created by growth in e-commerce, and Chamberlain expects that wages for these positions will continue to climb throughout 2018.
I'd say things are moving along as pretty well. But hey, if you want to cherry pick the stuff that looks like bad news (which really might just be skewed reported based on a limited data set), and then try to spike the football with it by suggesting that "Whell got this so wrong", well you go right ahead little Chicklet.
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07-13-2018, 01:51 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,908
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Quote:
Originally Posted by whell
Oh, I see. Yahoo News takes a TINY data slice quarter over quarter and decides that an economic plan isn't working and Americans aren't noticing. RIIIGGGGHHTT!
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You took the one Carrier incident (subsequently discredited) as proof-positive of Trump's wonderfulness.
__________________
As long as the roots are not severed, all will be well in the garden.
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07-13-2018, 01:55 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by finnbow
You took the one Carrier incident (subsequently discredited) as proof-positive of Trump's wonderfulness.
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Ummm....false equivalence? Oh Bob!
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07-13-2018, 02:00 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Oh, and the Carrier deal has not been "discredited", as much as you'd like to believe that.
http://www.politifact.com/truth-o-me...plant-indiana/
We previously rated Trump's promise to keep the Carrier plant in Indiana a Promise Kept because Carrier decided to reverse, in part, its plan to move some of its operations to Mexico, preserving about 800 jobs. We knew at the time that a different set of workers would still lose their jobs as Carrier moved fan coil manufacturing lines to Mexico in 2017.
Nothing material has changed since we last wrote about this in January, except we know exactly how many workers will be laid off, 632. Our rating remains a Promise Kept.
But hey, I know you really need to believe that it was "discredited", so if you you don't want to read the linked info, I'll understand.
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07-13-2018, 02:34 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,908
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You're response indicates that it was a partially kept, yet misleading, promise and it remains an example of you using a single (somewhat misleading) data point to try to illustrate a nonexistent trend. Fail.
__________________
As long as the roots are not severed, all will be well in the garden.
Last edited by finnbow; 07-13-2018 at 02:38 PM.
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07-13-2018, 02:36 PM
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Senior Member
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Join Date: Mar 2017
Posts: 13,353
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Best be careful using Politifact, Whell. Your Dear Leader's lies are regularly fact checked there. It doesn't reflect well on him, or, by proxy, you.
Here's a recent one on his utterly unqualified economic advisor. Pants on Fire.
http://www.politifact.com/truth-o-me...ling-rapidly-/
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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07-13-2018, 08:11 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by finnbow
You're response indicates that it was a partially kept, yet misleading, promise and it remains an example of you using a single (somewhat misleading) data point to try to illustrate a nonexistent trend. Fail.
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You're so cute. Politifact calls it a"promise kept", but somehow that filters through your slanted mind as a fail. Hillarious!
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07-13-2018, 08:36 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,222
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Quote:
Originally Posted by whell
Ummm....false equivalence? Oh Bob!
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You can't really be this dense, can you?
Waving your arms around and screeching 'false equivalence' like a Minah bird isn't some sort of magic cloak that shields you when you are shown to be a hypocrite, Mike.
Sorry, bro.
F-
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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07-13-2018, 08:59 PM
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Ready
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Join Date: Oct 2013
Posts: 19,167
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Whell is here to enjoy fighting with the liberals. So even a poor little unsupported cry of 'false equlivalence' keeps the fight going.
__________________
If you Love Liberty, you must Hate Trump!
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07-14-2018, 07:15 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by bobabode
You can't really be this dense, can you?
Waving your arms around and screeching 'false equivalence' like a Minah bird isn't some sort of magic cloak that shields you when you are shown to be a hypocrite, Mike.
Sorry, bro.
F-
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Nah, its an exercise in pointing our your hypocrisy Bob. The eye-roll smiley shoulda been a hint for ya. And here you are being predictable. Awesome.
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