Manipulating the Consumer Price Index: Hedonic Quality Adjustments

[Tsing Tao]

Ahh, if only we were as materially well off as those $0.18 cents an hour carpenters! 10 hour days. Six day workweeks (repeal the weekend!). Good times.

I know plenty of carpenters, plumbers, electricians and other general contractors that work those days/hours right now. I know that, sheltered in your limo liberal life you don't see it, but it's everywhere.

So you should probably check your facts before you throw out sarcasm that backfires.

 

[Ricter]

I know plenty of carpenters, plumbers, electricians and other general contractors that work those days/hours right now. I know that, sheltered in your limo liberal life you don't see it, but it's everywhere.

So you should probably check your facts before you throw out sarcasm that backfires.

I know a few as well, they work for themselves.

My machinists, fabricators, welders and such here at the plant work 10 hour days, but only 4 day workweeks.

 

[Tsing Tao]

I know a few as well, they work for themselves.

My machinists, fabricators, welders and such here at the plant work 10 hour days, but only 4 day workweeks.

I'd love that schedule!

 

[Ricter]

I'd love that schedule!

Prolly so you have more time up at the cabin. : )

 

[jem]

this is in good fun... but I want to point this out...

is it your premise that wages have kept up with this kind of inflation since 1973?

or are you just trolling for the rentier class over the taxpaying working class?
how can you push minimum wage on one thread and disavow inflation on others?


You are a oil company owning, pro communist, pro inflation anti co2 poster?

wtf is going on? do you work for some democrat related troll team?

imagine what prices have really done in response to all the money creation by our private central bank... if this is the cpi chart.

So what do dems and establishment reps want to do.
Raise taxes and those whose wages and savings are decimated?
There should be no taxes on the 99.5% as they are not the ones benefiting from the inflation.

In 1860 the average carpenter (then a good job) made $0.18 cents an hour.

 

[Ricter]

this is in good fun... but I want to point this out...

is it your premise that wages have kept up with this kind of inflation since 1973?

or are you just trolling for the rentier class over the taxpaying working class?
how can you push minimum wage on one thread and disavow inflation on others?


You are a oil company owning, pro communist, pro inflation anti co2 poster?

wtf is going on? do you work for some democrat related troll team?

Lmao, jem, you're upset.

Today's Ricter Riddle:

Price inflation has been with us for centuries, and yet we are better off materially now than then. Surely wage inflation is part of the answer, but there's another, powerful variable at work... what is it?

 

[jem]

I am not upset... I am in a great mood America confirmed yesterday, that there is still a majority of thinking americans... at least in the off years.

Its the politicians who suck.



your premise about inflation is the worst kind of junk lies.
its not wage inflation were are concerned about.

its that the wages earners -- wages and savings which have been destroyed by systematic inflation caused by massive expansion of the non cash money supply and increasing taxes.

Lmao, jem, you're upset.

Today's Ricter Riddle:

Price inflation has been with us for centuries, and yet we are better off materially now than then. Surely wage inflation is part of the answer, but there's another, powerful variable at work... what is it?

Lmao, jem, you're upset.

Today's Ricter Riddle:

Price inflation has been with us for centuries, and yet we are better off materially now than then. Surely wage inflation is part of the answer, but there's another, powerful variable at work... what is it?

 

[Ricter]

I am not upset... I am in a great mood America confirmed yesterday, that there is still a majority of thinking americans... at least in the off years.

Its the politicians who suck.



your premise about inflation is the worst kind of junk lies.
its not wage inflation were are concerned about.

its that the wages earners -- wages and savings which have been destroyed by systematic inflation caused by massive expansion of the non cash money supply and increasing taxes.

So you must be complaining about how much better off we would be if there had not been inflation (which no one wants, btw), instead of complaining about how much better off we are in fact, despite inflation... ?

 

[jem]

you live in canada so I understand... your complete pro commie/ crony / pro inflation feelings.
luckily for us here in the US, americans just ran your commie team out of just about every office they could.

Had the dollar appreciated the way market forces would have dictated, we would all be a hell of a lot better off than we are today.

This chart shows the vast transfer of wealth and the standard of living of americans
if you do not understand that... you have to study money and economics.

So you must be complaining about how much better off we would be if there had not been inflation (which no one wants, btw), instead of complaining about how much better off we are in fact, despite inflation... ?

 

[Banjo]

Ah, Canada. Stephen Poloz comments on unpaid work raise ire of youth groups. Get out of the basement you slugs and work for free. Did they join the EU?

http://www.cbc.ca/news/business/ste...paid-work-raise-ire-of-youth-groups-1.2824388
While you're on inflation look into chaining.

http://www.washingtonpost.com/blogs/2chambers/wp/2012/12/17/what-is-chained-cpi/

Soon we can all eat Canadian hot dogs made by unpaid Canadian youth.