A New Record!

Discussion in 'General Discussion' started by RandyForRubio, Oct 1, 2018.

  1. Harambe

    Harambe Well-Known Member Contributor

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    I encourage you to provide a specific link. His wiki page kinda goes over a LOT of stuff.

    http://www.pewresearch.org/fact-tan...rs-real-wages-have-barely-budged-for-decades/

    https://www.forbes.com/sites/steved...es-dump-the-worlds-dumbest-idea/#5a727d461abc



    https://www.epi.org/publication/the...my-we-have-now-and-the-economy-we-could-have/

    It's pretty unanimous that wage stagnation/regression isn't a myth. It exists. What to do about it, or why it exists there doesn't appear to be a universal answer for.

    Has Shiller found the answer, or has he changed the question?
     
  2. idestroyedthetoilet

    idestroyedthetoilet Well-Known Member

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    Shiller compares same home sales, read above. He's been the leading scholar for this for decades.

    Read my first post on wage stagnation and do the mental exercises for yourself. How are you going to calculate wages by a measure that includes them and is a huge factor? Of course wage inflation < wage inflation + non-wage inflation. Find a way to back them out, create a real comparison, then get back to me. Seriously please do. I have a pretty big interest in the subject and would love to read anything new here. For now, I'll continue not claiming that math that doesn't allow for wage stagnation is lying to us. Unless you can show me that somehow the bucket of combined wages/working population does not equal wages/working population.
     
  3. Harambe

    Harambe Well-Known Member Contributor

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    Franklin,

    You could have just answered with "Shiller changed the question".

    --Roach0
     
  4. idestroyedthetoilet

    idestroyedthetoilet Well-Known Member

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    Uh, ok.
     
  5. Harambe

    Harambe Well-Known Member Contributor

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    Do the mental exercises yourself. Instead of looking at the data for what it is(Stagnation is a thing recognized by just about everyone), you imply that Schiller has found and identified a way to change the question to get what he see's as an unfact when the rest of the world see's fact.

    And maybe that should be. Maybe that's normal, and he is just "THE" authority. I'm just not buying it without a plausible explanation other than "...no, bliev me"
     
  6. idestroyedthetoilet

    idestroyedthetoilet Well-Known Member

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    Do you actually care to learn anything here or is this discussion pointless with you? I have no interest in continuing on if you are content keeping your head crammed deep up your sandy ***.

    Have fun believing in your disproven myths. Religious people can at least stick with faith in something that can't be disproved.
     
  7. Harambe

    Harambe Well-Known Member Contributor

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    Put yourself in ANYONE else's shoes. Dozens and dozens of institutions recognize wage stagnation/regression. A quick google search, or even links by some ******* on a jazzfanz forum confirm this.

    One dude walks in and says it(wage stagnation) is not a real thing. This dude doesn't provide any amount of evidence other than "go luk itup". Not even a chart, let alone a study disproving it.

    What would you think?
     
  8. idestroyedthetoilet

    idestroyedthetoilet Well-Known Member

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    I understand beforehand that it'll be a Dunning-Krueger situation. You'll think I'm crazy and that's okay. I'll think you are dumb until you stop spouting off nonsense (that stuff about Shiller was a doozie).

    Show me a measurement that doesn't use phony math and I'll listen. Your stagnation myth uses CPI-U, which makes the measuring stick nonsensical. Do you understand why? If not there wont be any common ground to start a real discussion from.

    P.S. wage stagnation is nowhere near the universally held truth you believe. You've likely only heard populist drumbeat about it is all.
     

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