Sharp and sustained economic criticism from Biden's ostensible allies established a narrative of failure that has proved alarmingly resistant to reality.
No you tried some bullshit article with bad data. I showed you the charts they should have used.
Not sure who you’re trying to fool here; I think it’s pretty much just you and me at this point. You know (or you should) that the numbers I sent you were from your own sources (OECD and the St. Louis Fed respectively). You can accept or not the explanation I gave for why I chose different charts in those sources… but just moving the goalposts around instead of addressing it head-on when that happens doesn’t leave me with a real good impression of your goal in the overall conversation.
All the data we’ve seen actually paints a pretty consistent picture of a single coherent world; there aren’t, like, big contradictions between different sources. It’s just how any given person chooses to interpret the information.
The deal here is I do not have the time, mental power, or inclination, to teach you statistics in economics on a forum.
🙂
Buddy
Only other thing I’ll add is:
Wake me up when Biden comes out and says we need (checks inflation calculator) a $12.37 minimum wage.
January 2022 along with an executive order putting it into practice for all federal workers.
Those charts were for the article. And no. That’s not how statistics works. These aren’t special interest sites, one stat does not over rule another stat. You use the right stat for the right thing. You cannot say the working class is doing better while the production and nonsupervisory pay numbers and Census median income numbers don’t support that.
And yeah I missed that, EO. That’s great. To be fair I’m also remembering he nearly got a federal 15 minimum but for Kyrsten Sinema.
Can you summarize my argument back to me? Like what I was saying and what sources I drew on to support it and how? There was one central thesis, and I supported that thesis from one of my sources and from both of yours. I’m gonna give you from 1-5 stars depending on how accurately you describe it. You don’t have to agree with it or how I justified it, just show that you understood what I was saying.
Not sure who you’re trying to fool here; I think it’s pretty much just you and me at this point. You know (or you should) that the numbers I sent you were from your own sources (OECD and the St. Louis Fed respectively). You can accept or not the explanation I gave for why I chose different charts in those sources… but just moving the goalposts around instead of addressing it head-on when that happens doesn’t leave me with a real good impression of your goal in the overall conversation.
All the data we’ve seen actually paints a pretty consistent picture of a single coherent world; there aren’t, like, big contradictions between different sources. It’s just how any given person chooses to interpret the information.
🙂
Buddy
Only other thing I’ll add is:
January 2022 along with an executive order putting it into practice for all federal workers.
Those charts were for the article. And no. That’s not how statistics works. These aren’t special interest sites, one stat does not over rule another stat. You use the right stat for the right thing. You cannot say the working class is doing better while the production and nonsupervisory pay numbers and Census median income numbers don’t support that.
And yeah I missed that, EO. That’s great. To be fair I’m also remembering he nearly got a federal 15 minimum but for Kyrsten Sinema.
I want to try an experiment
Can you summarize my argument back to me? Like what I was saying and what sources I drew on to support it and how? There was one central thesis, and I supported that thesis from one of my sources and from both of yours. I’m gonna give you from 1-5 stars depending on how accurately you describe it. You don’t have to agree with it or how I justified it, just show that you understood what I was saying.