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Willa Rogers
Mar 11, 2005

Fetterman's up +23 over Lamb in the PA primary for the U.S. Senate, but it's the undecided voters who make up a plurality a little over a month before the election.

The GOP race is wide open, with a majority of voters undecided:

quote:

A new Emerson College Polling/The Hill Poll finds the Republican Senate primary wide open as Senator Pat Toomey (R) retires from office: 51% of voters are undecided and David McCormick and Mehmet Oz receive 14% respectively. No other candidate reaches double digits. Similarly, in the race for Governor, 49% of Republican primary voters are undecided, while Doug Mastriano holds 16% and Lou Barletta 12%.

Lt. Gov. John Fetterman leads with 33% in the Democratic primary, followed by US Representative Conor Lamb with 10%. No other candidate reaches double digits; 37% are undecided.

The National Organization for Women has endorsed Lamb for the primary.

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Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster
NBC has an article following the U.S. Treasury and FBI Report that romance scams have more than tripled in the last 5 years and Americans collectively lost over $1 billion to romance scammers last year. The basic story of romance scams for the last 30 years is the same: "lonely dumb people + everyone is online now," but the addition of crypto has caused the scams to explode because scammers are harder to catch and banks/credit cards/gift card processors have started implementing anti-scam rules that halt suspicious transactions that crypto platforms do not.

There is also some speculation that loneliness from the pandemic has contributed to the spike. That makes sense and is probably pretty likely, but the spike started before the pandemic and basically tracks with the rise of crypto, so it is likely that the bulk of it was not from the pandemic.

https://twitter.com/NBCNews/status/1511001662130999302

quote:

How a fake online romance cost one man almost $300,000

When Mike downloaded the dating app Tinder, he was looking for companionship with someone nearby. But, in July, he matched with a woman named “Jenny” from Malaysia and began exchanging messages on the dating platform and then on WhatsApp, a messaging app. While the pair discussed their lives and traveling together, after a month or so Jenny turned the conversation to Bitcoin.

“She started telling me about her uncle who worked for J.P. Morgan… he was the world expert in Bitcoin options,” said Mike, who asked NBC News not to reveal his last name to protect his privacy. “ I wasn’t look[ing] to invest in cryptocurrency. I was looking for somebody to have some fun with, you know, ‘Let’s go hiking, let’s go have dinner.’”

They’d never met, but Jenny persuaded him to invest $3,000 with a legitimate cryptocurrency exchange website, crypto.com. Then she encouraged him to transfer that money to a different platform, said Mike, who is retired and single. “She would get me excited and say, ‘Mike, so you got to send more money. The more you have in here, the more you can make.’”

When his cryptocurrency portfolio hit $1 million in value, he was assigned his own “teacher analyst” named Devon.

But after four months, when Jenny and Devon told him to send his tax payments to the Department of Homeland Security and not the IRS, Mike grew suspicious. He tried to transfer money out of his account — and he couldn’t. That’s when he realized none of it was real — his gains or his girlfriend “Jenny” — except for his epic losses.

“I spent about $277,000,” Mike said.

Cryptocurrency romance scams, like the one Mike fell for, have become increasingly common thanks to the boom in online dating and the use of cryptocurrency — and the size of his losses is not unusual.

Swindlers use dating apps and websites to lure in victims with flirtation and the promise of romance and quick financial returns, tricking them into fraudulent cryptocurrency investments. The search for love online ends with a broken heart and an empty bank account.

“You’ll see earnings; you’ll even be able to withdraw some money at some point. But then when you want to draw your whole balance, that’s when you realize you’ve been a victim because they say that there’s usually a penalty or fee, and it’s in the hundreds of thousands of dollars,” said Amy Nofziger, director of fraud victim support at the American Association of Retired Persons Fraud Watch Network.

Nofziger said her team currently receives two to three complaints a day involving crypto romance scams, compared to one to two a week last year, and the losses are staggering.

“The victims who are involved in these scams, they’re losing hundreds of thousands of dollars to even millions of dollars,” said Nofziger. “If you think it will never happen to you, you’re wrong. It can and it will, and I guarantee you someone in your inner circle right now is the victim of a scam.”

In an online memo, Tinder has alerted users not to send money online and be cautious if someone asks you to leave the dating service to communicate directly or avoids meeting up in-person.

In a statement to NBC News, WhatsApp said someone can receive a “suspicious message on any service, including email and SMS, and anytime that happens, we strongly encourage everyone to use caution before responding or engaging.”

“Unlike SMS and other messaging platforms, on WhatsApp people can use the tools that we provide within the app to send us a report, report a contact or block contact,” the messaging app said.

As many people have become swept up in the cryptocurrency craze, scammers have capitalized on it, adding a new twist to timeworn tricks. While some scammers fool victims into investing in fake cryptocurrency, others convince victims to part with the real thing.

Cryptocurrency is rapidly becoming the preferred payment method for traditional scams like phishing, where someone sends a text message, e-mail, or makes a phone call demanding payment for anything from taxes to insurance, according to Ricky Patel, acting special agent in charge at Homeland Security Investigations in New York.

Patel warned swindlers are targeting a “whole gamut of age groups and people. And [scammers are] constantly reaching out to them and hitting them, whether it’s emails or phone calls or text messages, everything, every avenue they’re actually trying to exploit.”

In 2021, according to the Federal Trade Commission, people reported losing $294 million in cryptocurrency payments to fraudsters, compared to losing about $44 million in credit card payments to them.

“Once you send that money, it goes to exchanges. And once they have it, they hold it, and they release it, it’s almost impossible to get it back, especially if you don’t know who the other side is,” Patel said.

As for Mike, he doubts he will recover the hundreds of thousands he lost to bogus investments, but said he reported his case to the AARP, the FTC, the FBI and HSI and wants to see someone held accountable.

“I want them to spend the rest of their lives in prison. I don’t want them to attack anybody else,” Mike said.

Ershalim
Sep 22, 2008
Clever Betty

Willa Rogers posted:

This paragraph isolated from the rest of your post could be talking about either a Trump rally or about Democrats talking about a Trump rally.

Yeah. It's even more pronounced in places that are adjacent to reality like twitter or forums. I just think it's interesting to see how memetic thought propagates, and I think it's one of the biggest challenges any social movement faces going forward. On some level I think the people-as-brands are already aware of it, but it tends to lead to people waxing elitist and lauding their presumed moral superiority over the perceived failings of other people instead of anything actually useful.

That sentence got away from me a little. But I think everyone here knows what I mean? That thing where people take the most illogically parsed and uncharitable reading of whatever someone is saying to make a point in their own favor? I think some of that is spurred by FOMO/loss-aversion, and so people are incentivized to pounce on other people to build their credibility as thought leaders or ... something like that. It's a half-formed idea. :v:

haveblue
Aug 15, 2005



Toilet Rascal
Crypto has no access controls, no coordinating authority, and no possibility of clawback, so it's literally the ideal scam medium. You might as well pay someone by wadding up a bunch of cash and throwing it out the window at them

Lib and let die
Aug 26, 2004

Ershalim posted:

Yeah. It's even more pronounced in places that are adjacent to reality like twitter or forums. I just think it's interesting to see how memetic thought propagates, and I think it's one of the biggest challenges any social movement faces going forward. On some level I think the people-as-brands are already aware of it, but it tends to lead to people waxing elitist and lauding their presumed moral superiority over the perceived failings of other people instead of anything actually useful.

We are all pawns, controlled by something greater: Memes, the DNA of the soul. They shape our will. They are the culture. They are everything we pass on. Expose someone to anger long enough, they will learn to hate. They become a carrier. Envy, greed, despair: all memes, all passed on.

Come post about Kojima in the Kojima thread. I'm gonna post about Kojima's meme theory later this week after buffing up on a few of his essays on memes.

Slowpoke!
Feb 12, 2008

ANIME IS FOR ADULTS

haveblue posted:

Crypto has no access controls, no coordinating authority, and no possibility of clawback, so it's literally the ideal scam medium. You might as well pay someone by wadding up a bunch of cash and throwing it out the window at them

I know someone who got scammed out of their rental deposit by sending money to a scammers crypto wallet (they convinced the friend is was an AirBnB link, but it was instructions for adding money to their wallet).

There is zero recourse for getting the money back. It is like throwing it into a black hole, as far as your local police are concerned.

Abner Assington
Mar 13, 2005

For I am a sinner in the hands of an angry god. Bloody Mary, full of vodka, blessed are you among cocktails. Pray for me now, at the hour of my death, which I hope is soon.

Amen.

Leon Trotsky 2012 posted:

NBC has an article following the U.S. Treasury and FBI Report that romance scams have more than tripled in the last 5 years and Americans collectively lost over $1 billion to romance scammers last year. The basic story of romance scams for the last 30 years is the same: "lonely dumb people + everyone is online now," but the addition of crypto has caused the scams to explode because scammers are harder to catch and banks/credit cards/gift card processors have started implementing anti-scam rules that halt suspicious transactions that crypto platforms do not.

There is also some speculation that loneliness from the pandemic has contributed to the spike. That makes sense and is probably pretty likely, but the spike started before the pandemic and basically tracks with the rise of crypto, so it is likely that the bulk of it was not from the pandemic.

https://twitter.com/NBCNews/status/1511001662130999302

quote:

“The victims who are involved in these scams, they’re losing hundreds of thousands of dollars to even millions of dollars,” said Nofziger. “If you think it will never happen to you, you’re wrong. It can and it will, and I guarantee you someone in your inner circle right now is the victim of a scam.”
Bad news, Amy, but millennials and younger generations aren't going to have hundreds of thousands, let alone millions, of dollars to get swindled with :ssh:

Also, as a Tinder/Bumble user, some of these profiles are so blatantly obvious that it's hard to generate much in the way of sympathy for folks who get nabbed by them.

Main Paineframe
Oct 27, 2010

Jizz Festival posted:

So fascinating. This was indeed an event that happened, and is current. I'm curious, though, what is it that you find interesting about this story? Are you actually surprised that a supportive crowd went along with something even though it was stupid?

I think it's interesting because the conventional wisdom is that politicians have to be in tune with all these little local things, and doing a faux pas by eating a specialty local cuisine wrong or mis-pronouncing some beloved regional business name would devastate their chances in the area.

Like so many other conventional political wisdoms, though, it's something that Trump is barging straight through without a problem. Is it a special Trump thing? Or is it another manifestation of the "all politics is national" trend of the 21st century, with these big country-level partisan politics increasingly wiping out that kind of local/regional flavor? Or was it just always bullshit invented by the political media to drive controversy, and no one dared to challenge it until now?

Dr. VooDoo
May 4, 2006


Abner Assington posted:

Also, as a Tinder/Bumble user, some of these profiles are so blatantly obvious that it's hard to generate much in the way of sympathy for folks who get nabbed by them.

This is actually the point of them being obvious like that, it’s a self-filtering scam. Anyone who gets past the obvious fake poo poo and still interacts with the scammer is a lot more likely to start sending over money. It’s a barrier of entry for people with more than two brain cells

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster

Abner Assington posted:

Bad news, Amy, but millennials and younger generations aren't going to have hundreds of thousands, let alone millions, of dollars to get swindled with :ssh:

Also, as a Tinder/Bumble user, some of these profiles are so blatantly obvious that it's hard to generate much in the way of sympathy for folks who get nabbed by them.

Millennials as a generation will definitely have enough people to get scammed out of that much money. Millennials actually have higher inflation adjusted earnings than Boomers did when they were the same age, but the cost of housing, school, and healthcare outpace the increased earnings. So, a portion of them will have even more disposable income than Boomers.

I would assume that fewer Millennials are being scammed due to age/technology/cryptocurrency familiarity.

But, I bet in 40 years that Generation Theta will be laughing about how their Millennial Great-Grandpa keeps getting scammed on the Metaverse Hololink because he never learned how to use it growing up.

Crain
Jun 27, 2007

I had a beer once with Stephen Miller and now I like him.

I also tried to ban someone from a Discord for pointing out what an unrelenting shithead I am! I'm even dumb enough to think it worked!

Abner Assington posted:

Bad news, Amy, but millennials and younger generations aren't going to have hundreds of thousands, let alone millions, of dollars to get swindled with :ssh:

Also, as a Tinder/Bumble user, some of these profiles are so blatantly obvious that it's hard to generate much in the way of sympathy for folks who get nabbed by them.

My GF's best friend's dad has been this person for us. Dude got taken hard, cashed out over half of his retirement, and nearly got to the point of alienating every family member and friend he has trying to claw money from them to send to his "girlfriend". They even started tacking on other scams like "Oh I'm also a trust fund heiress and just need you to launder....I mean hold my money I'll send it to you via DHL OOPS I accidentally left $40 million in gold nuggets in the case with the cash and the UK border guards want a bribe of $200,000 to let it go".

It was insane and even lead to so many other family destroying revelations about his finances and how he structured things. Dude's lucky as gently caress to not be a 70 year old tossed out on his rear end by everyone who once loved him into the cold.

haveblue
Aug 15, 2005



Toilet Rascal
Generation Theta will be laughing about how Millennial Great-Grandpa was eaten by robowolves because his fire went out, and that’s if we’re lucky

bird food bathtub
Aug 9, 2003

College Slice

Main Paineframe posted:

I think it's interesting because the conventional wisdom is that politicians have to be in tune with all these little local things, and doing a faux pas by eating a specialty local cuisine wrong or mis-pronouncing some beloved regional business name would devastate their chances in the area.

Like so many other conventional political wisdoms, though, it's something that Trump is barging straight through without a problem. Is it a special Trump thing? Or is it another manifestation of the "all politics is national" trend of the 21st century, with these big country-level partisan politics increasingly wiping out that kind of local/regional flavor? Or was it just always bullshit invented by the political media to drive controversy, and no one dared to challenge it until now?

Other politicians up until then thought the path to power was to keep the hatred and bigotry on the down-low while playing all these games. Trump figured out the braying hogs at his trough just want to be granted social validation for being the biggest, most hateful assholes possible towards their targeted minority of choice.

Other politicians are learning this lesson so it will be a much bigger part of the right wing of the country going forward. He was just the trailblazer proving conventional wisdom wrong.

Yeowch!!! My Balls!!!
May 31, 2006

bird food bathtub posted:

Other politicians up until then thought the path to power was to keep the hatred and bigotry on the down-low while playing all these games. Trump figured out the braying hogs at his trough just want to be granted social validation for being the biggest, most hateful assholes possible towards their targeted minority of choice.

Other politicians are learning this lesson so it will be a much bigger part of the right wing of the country going forward. He was just the trailblazer proving conventional wisdom wrong.

it's also, and this is critical, something that republican politicians can deliver to their base. stupid, hateful, and doesn't help anyone, but it is an issue where republican politicians can say "vote for me, and I will deliver this thing on your behalf." it will only draw in awful people, but those awful people will receive something in exchange for their efforts.

theoretically the democratic party should be able to retaliate with 'vote for us, and we will pass laws protecting you from these people," but, well. civil rights in general, and voting rights in specific, proved just too gosh-darned divisive for a party with a trifecta to deliver on. and so, instead, the message going into the midterms is "vote for us, and we will tell you that no, really, NEXT time we have a trifecta we'll do something with it."

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster
Thomas, Alito, and Gorsuch taking a position that is too embarrassing even for ACB, Kavanaugh, and Roberts.

If you read the dissents, they have slightly different takes on it, but all of them essentially argue that the fourth amendment only protects you from unreasonable search and seizure in relation to the crime and criminal statute; and does not have any malicious prosecution component.

So, if a cop makes up child porn charges because he personally hates you, if he can convince at least one prosecutor that it was legit, then the person has no recourse if it comes out that the charge was made up by the cop, because it was an appropriate search and seizure under the assumption that he really did have child porn.

https://twitter.com/stevenmazie/status/1510981541500968975

VitalSigns
Sep 3, 2011

Leon Trotsky 2012 posted:

Millennials actually have higher inflation adjusted earnings than Boomers did when they were the same age, but the cost of housing, school, and healthcare outpace the increased earnings.

Then they...don't have higher inflation adjusted earnings

Good news you have higher inflation adjusted earnings but due to price increases they won't buy as much :psyduck:


Willa Rogers posted:

“For God’s sake, how did we get to the point where ... the base voters are so mad about two of our own senators, rather than Mitch McConnell and Donald Trump and Jan. 6? That is a tremendously mismanaged situation,” he added.

Just incredible.

Ok we spent 18 months telling everyone about all the good poo poo we can't do even though we promised because two Democrats said 'no', why is everyone more angry at the two people in our party blocking everything right now than at the gotdang cheeto ex-president???

Willa Rogers
Mar 11, 2005

bird food bathtub posted:

Other politicians up until then thought the path to power was to keep the hatred and bigotry on the down-low while playing all these games. Trump figured out the braying hogs at his trough just want to be granted social validation for being the biggest, most hateful assholes possible towards their targeted minority of choice.

Other politicians are learning this lesson so it will be a much bigger part of the right wing of the country going forward. He was just the trailblazer proving conventional wisdom wrong.

Literally laughing at the idea of Trump raising an army of hatred toward Meijer shoppers.

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster

VitalSigns posted:

Then they...don't have higher inflation adjusted earnings

Yes, they do. You're mixing up inflation adjusted earnings with real income.

They have higher inflation adjusted earnings, but lower real income.

VitalSigns
Sep 3, 2011

Leon Trotsky 2012 posted:

Yes, they do. You're mixing up inflation adjusted earnings with real income.

They have higher inflation adjusted earnings, but lower real income.

Those are the same thing, the purpose of inflation adjustment is to translate nominal wages into real wages

You cannot have the same inflation adjusted wages and lower real wages it makes no sense.

Yawgmoft
Nov 15, 2004

Leon Trotsky 2012 posted:

Thomas, Alito, and Gorsuch taking a position that is too embarrassing even for ACB, Kavanaugh, and Roberts.

If you read the dissents, they have slightly different takes on it, but all of them essentially argue that the fourth amendment only protects you from unreasonable search and seizure in relation to the crime and criminal statute; and does not have any malicious prosecution component.

So, if a cop makes up child porn charges because he personally hates you, if he can convince at least one prosecutor that it was legit, then the person has no recourse if it comes out that the charge was made up by the cop, because it was an appropriate search and seizure under the assumption that he really did have child porn.

https://twitter.com/stevenmazie/status/1510981541500968975

Gorsuch is becoming an actual wildcard that feels almost completely unpredictable.

haveblue
Aug 15, 2005



Toilet Rascal

Yawgmoft posted:

Gorsuch is becoming an actual wildcard that feels almost completely unpredictable.

Let's hope he cuts the brake lines on the van with the other conservatives in it

Kalit
Nov 6, 2006

The great thing about the thousands of slaughtered Palestinian children is that they can't pull away when you fondle them or sniff their hair.

That's a Biden success story.

VitalSigns posted:

Then they...don't have higher inflation adjusted earnings

Good news you have higher inflation adjusted earnings but due to price increases they won't buy as much :psyduck:

There is more that goes into inflation than just those things. For example, school costs have easily outpaced inflation over the past decade: https://www.nbcnews.com/news/education/tuition-fees-continues-rise-pandemic-inflation-woes-hit-colleges-rcna14292

quote:

Students and their families had been largely enjoying a break from such shocks. College costs outpaced inflation by 28 percent at public institutions and 19 percent at private nonprofit ones in the decade preceding the pandemic, according to the National Center for Education Statistics.

For reference of millennials having more income than boomers, here's personal median income over the years adjusted for inflation. I know this isn't exactly 1:1 based on age, but I figured this is good enough to show the trend over a couple of generations.

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster

VitalSigns posted:

Those are the same thing, the purpose of inflation adjustment is to translate nominal wages into real wages

You cannot have the same inflation adjusted wages and lower real wages it makes no sense.

The price of housing and healthcare does not = general inflation.

Inflation did not rise ~200% over 20 years when the price of tuition did. Inflation was actually very low during that time!

You're mixing up inflation with price increases and inflation adjusted income with purchasing power.

The average person can have higher inflation adjusted income, but lower purchasing power because the price of specific commodities went way up, but the actual monetary value of the dollar only went up a little during the same period.

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster

Yawgmoft posted:

Gorsuch is becoming an actual wildcard that feels almost completely unpredictable.

90% of the time (including this case) you can predict Gorsuch's opinion with "Where does it literally say X word in the law/constitution?"

His dissent is basically, "The words "malicious prosecution" appear nowhere in the 4th amendment, therefore I rule against."

Jaxyon
Mar 7, 2016
I’m just saying I would like to see a man beat a woman in a cage. Just to be sure.

Leon Trotsky 2012 posted:

The price of housing and healthcare does not = general inflation.

Inflation did not rise ~200% over 20 years when the price of tuition did. Inflation was actually very low during that time!

You're mixing up inflation with price increases and inflation adjusted income with purchasing power.

The average person can have higher inflation adjusted income, but lower purchasing power because the price of specific commodities went way up, but the actual monetary value of the dollar only went up a little during the same period.

I'm aware of how academically inflation is covered but not including things like "living" and "shelter" into does point at a problem in how it's quantified, eh?

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster

Jaxyon posted:

I'm aware of how academically inflation is covered but not including things like "living" and "shelter" into does point at a problem in how it's quantified, eh?

Healthcare and housing are included in inflation measures, but they aren't the only thing.

Inflation specifically measures the uniform devaluation of a currency. If I make the same amount of money, but move somewhere where housing is much cheaper, then I didn't reduce inflation.

Purchasing power, real disposable income, and other measures exist specifically to determine the relative amount of goods an individual can purchase with all factors included.

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster
Here's the official weighting they use to calculate total inflation with CPI right now. There are other measures that weigh different things, but CPI is usually what you hear as the "topline inflation" rate.

Housing is the single largest factor they measure when calculating inflation by a large margin.

BiggerBoat
Sep 26, 2007

Don't you tell me my business again.

Lib and let die posted:

Wait, I thought you were on the northwest side of the Everglades why are you describing my neighborhood just north of Miami?

NE Florida. Saint Augustine

Which is rapidly turning into Daytona. It sucks. The conservatives and rednecks here used to be of the Jimmy Buffet variety who liked to fish; Aquanecks. Now they're more the Hank Williams/Toby Keith types who love slapping a giant flag on everything while seeing how big and loud they can make their trucks.

They're massively overdeveloping here and it's really pissing of the locals. Funny thing, when you start building 4 story hotels all over the place but don't address the roads or the infrastructure, somehow magically traffic seems to double! There's a ton of vacant retail property here but I see new buildings going up everywhere and it's usually the same sort of tenants that move in. Cheesy beach stores, pizza places, lovely Chinese food and stuff like that. There are also supposed to be height restrictions for new building projects but somehow they're getting around it (bribery)

I really enjoyed the flea market (sold land to build a hospital), the thrift stores (cause I'm broke) and the consignment shops (because I could unload my kid's old toys and clothes easily and also buy him "new" ones). I'm just still surprised to see the Dollar stores closing since so many people I know are shopping there a LOT. People trying to stretch their dollars now more than ever.

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster
The Covid funding that was stripped out of the continuing resolution a month ago is going to be passed on its own as a separate bill at the very last second before the money ran out.

But, in order to do that, they had to strip out all of the money to donate vaccines to the third world.

Finally doing the right thing that should have just been a normal non-issue at the last second and at the expense of non-Americans is the most American way to solve problems.

https://twitter.com/ddiamond/status/1511010331295989775

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster
Edit: Double posted somehow despite the 10 second timer.

VitalSigns
Sep 3, 2011

Leon Trotsky 2012 posted:

The price of housing and healthcare does not = general inflation.

Inflation did not rise ~200% over 20 years when the price of tuition did. Inflation was actually very low during that time!

You're mixing up inflation with price increases and inflation adjusted income with purchasing power.

The average person can have higher inflation adjusted income, but lower purchasing power because the price of specific commodities went way up, but the actual monetary value of the dollar only went up a little during the same period.

Then the inflation adjustment you're using isn't weighted correctly because you aren't ending up with an accurate comparison of real wages

haveblue
Aug 15, 2005



Toilet Rascal
Wasn't it $15 billion in covid funds a few days ago? Is the $5 billion the global response that isn't happening?

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster

haveblue posted:

Wasn't it $15 billion in covid funds a few days ago? Is the $5 billion the global response that isn't happening?

Yes. The $5 billion was for purchasing and donating vaccines and to pay for USAID to send people to administer those vaccinations in countries without the infrastructure or organization to do so.

quote:

Senate negotiators, including Sens. Mitt Romney (R-Utah), Roy Blunt (R-Mo.) and Richard Burr (R-N.C.), were seeking a compromise with Democrats, after lawmakers could not agree on a $15 billion package that would have included about $10 billion in domestic funding and $5 billion for the international response.

Kalit
Nov 6, 2006

The great thing about the thousands of slaughtered Palestinian children is that they can't pull away when you fondle them or sniff their hair.

That's a Biden success story.

VitalSigns posted:

Then the inflation adjustment you're using isn't weighted correctly because you aren't ending up with an accurate comparison of real wages

You should probably take that up with the U.S. Bureau of Labor Statistics, not LT2012.

Timeless Appeal
May 28, 2006

Leon Trotsky 2012 posted:

90% of the time (including this case) you can predict Gorsuch's opinion with "Where does it literally say X word in the law/constitution?"

His dissent is basically, "The words "malicious prosecution" appear nowhere in the 4th amendment, therefore I rule against."
Eh, Gorsuch was one of the nutjobs on the court in favor of essentially leaving the Court as the commander in chief of the military which the Constitution is abundantly clear on is the role of the President. There is no legitimate Originalist read that the Court can override direct military orders from the President. But it was about vaccines, so his zany Libertarian streak kicked in and he sided with completely shifting the stated balance of power from the Constitution.

VitalSigns
Sep 3, 2011

Kalit posted:

You should probably take that up with the U.S. Bureau of Labor Statistics, not LT2012.

People have

I'm just pointing it out here because it was an exceptionally silly use of their methodology

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster

VitalSigns posted:

Then the inflation adjustment you're using isn't weighted correctly because you aren't ending up with an accurate comparison of real wages

VitalSigns posted:

People have

I'm just pointing it out here because it was an exceptionally silly use of their methodology

You're still mixing up inflation adjusted wages with purchasing power.

It is possible for inflation to go up mildly, but college tuition to go up massively simultaneously. A student's inflation adjusted earnings would be unchanged whether he spent $12,000 per year on tuition or not. But, his individual purchasing power would go down. They are two different measures and individual circumstances can change purchasing power without changing inflation.

The vast majority of people are not currently paying college tuition. So, the overall impact on inflation would be small despite the impact on an individual's purchasing power being very large. You could also move to a different geographic location or university and experience a price change that is not inflation. If I go to a cheaper 4-year school, then I didn't reduce inflation overall or among education. It has to be an across the board increase in the baseline value.

Leon Trotsky 2012 fucked around with this message at 19:50 on Apr 4, 2022

VitalSigns
Sep 3, 2011

Well most Millennials are no longer in school (how old do you think Millennials are), but yes if a student's tuition goes up that is inflation. If you aren't including tuition in your inflation calculation, that doesn't mean they didn't experience inflation, it means your calculated rate isn't accurate for that person. Inflation is different for different people and in different parts of the country. The CPI is controversial and has a lot of issues (a big one is the effect of Moore's law: you can get terabytes of hard drive storage for a couple hundred bucks, which would have cost millions in 1980, does this mean that every family has millions of dollars more effective purchasing power now? No, because probably zero families were spending millions of dollars on massive home hard drives in the 80s)

Not understanding this is how you get to nonsense conclusions like real wages are up but they can't buy as much as they used to

VitalSigns fucked around with this message at 20:24 on Apr 4, 2022

Sharkie
Feb 4, 2013

by Fluffdaddy

BiggerBoat posted:

I really enjoyed the flea market (sold land to build a hospital), the thrift stores (cause I'm broke) and the consignment shops (because I could unload my kid's old toys and clothes easily and also buy him "new" ones). I'm just still surprised to see the Dollar stores closing since so many people I know are shopping there a LOT. People trying to stretch their dollars now more than ever.

Are they aware of how strong our economy is?

https://twitter.com/VP/status/1509941158742437897

https://twitter.com/kamalaharris/status/1510408494628941825

This is why messaging is so important. If people are trying to stretch their dollars in the midst of our ever stronger economy, then there's clearly something they don't understand. Hopefully someone can explain it to them.

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plogo
Jan 20, 2009

Leon Trotsky 2012 posted:

You're still mixing up inflation adjusted wages with purchasing power.

It is possible for inflation to go up mildly, but college tuition to go up massively simultaneously. A student's inflation adjusted earnings would be unchanged whether he spent $12,000 per year on tuition or not. But, his individual purchasing power would go down. They are two different measures and individual circumstances can change purchasing power without changing inflation.

The vast majority of people are not currently paying college tuition. So, the overall impact on inflation would be small despite the impact on an individual's purchasing power being very large. You could also move to a different geographic location or university and experience a price change that is not inflation. If I go to a cheaper 4-year school, then I didn't reduce inflation overall or among education. It has to be an across the board increase in the baseline value.

Purchasing power and inflation adjusted wages are the same thing, however constructing the proper inflation basket is a never ending matter of dispute.

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