huge_clock @ huge_clock @lemmy.world

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2 yr. ago

No one measures the economy based on stock prices.

Inflation is going down, real wages are going up, unemployment is down.

Your grocery costs have not doubled.

I don’t understand why people have trouble finding current data: https://fred.stlouisfed.org/series/LES1252881600Q

Corporate profits are relatively flat as a percentage of national income (it has gone up a bit since COVID): https://fred.stlouisfed.org/series/A445RE1A156NBEA

People always seem to remember to adjust wages for inflation but understandably because of media headlines almost never adjust profits for inflation.

There’s a FRED series called real disposable income: https://fred.stlouisfed.org/series/A229RX0

Which is after-tax personal income adjusted for inflation.

Pretty sure it’s measured by gdp

What was Robert mueller investigating?

Hey, wanted to level-set with you real quick. Some people in the office have commented that they see you playing ping pong quite a bit. I know you’re just playing on your breaks but It’s really not a good look.

Thanks for the chat.

So is it okay to steal from your slightly richer neighbour? What about stealing from your parents who have more wealth than you and are not sharing it with you? If someone starts a small business should we just ransack it the moment is starts doing well?

What if people on the street rob and steal from you? Does it matter if it’s by violence?

Are people happier in countries where there is more theft? Are the societies more equal?

I guess to go back to my earlier point what I’m trying to get people to think about it is this idea of a categorical imperative: https://en.wikipedia.org/wiki/Categorical_imperative?wprov=sfti1

In a nut-shell, if you believe stealing is okay under certain circumstance due to some subjective morality you hold, you cannot condemn others holding the same belief based on their own subjective mortality.

For example you believe stealing is okay because the target is a corporation. Maybe someone else believes stealing is okay if it’s from someone outside their cultural group. You say, "hey it’s not right to steal from someone just because of some subjective value that you hold!" But it’s a contradiction because you believe stealing is okay based on your own subjective morality regarding corporations (which are recognized as people under law). Same goes for people that steal from the government, their parents, etc.

This isn’t a slippery slope argument, this is a question of ethics. What I’m saying is stealing is unethical, and not by contrast immoral.

It’s actually no one’s fault per se that useful land is more expensive. After 2008 there was a major lack of investment into housing that reared its ugly head around 2019. COVID amplified the existing problems making it harder to build and get materials, and created soaring inflation.

There are things we can do now such as change zoning and make permit times faster but it’s going to take a while even in a best case scenario to move the housing stock and commercial real estate supply to where it needs to be.

Source?

According to the tax foundation 42% of all tax revenues come from the top 1% and 63% comes from the top 5%.

https://taxfoundation.org/publications/latest-federal-income-tax-data/

If you mean capital gains tax that’s a different story. Should be raised imo.

FYI here’s the tax mix by type: https://taxfoundation.org/publications/sources-government-revenue-united-states/#:~:text=Corporate%20income%20taxes%20accounted,U.S.%20tax%20revenue%20in%202021.&text=Source%3A%20OECD%2C%20“Revenue%20Statistics,taxes%20and%20property%20taxes.

Corporate taxes are low but the majority of filings are done at an individual. Every corporation distributes its income to shareholders by dividends or capital gains which are claimed on individual filings.

https://www.investopedia.com/terms/d/double_taxation.asp#:~:text=Double%20taxation%20refers%20to%20income,taxed%20by%20two%20different%20countries.

Go to the Wikipedia homepage: https://en.m.wikipedia.org/wiki/Soviet_Union

State Capitalism a term used exclusively by a vocal minority of leftists to gaslight, revise and no-true-Scotsman historical events to fit their ideological world-view.

No because they are not inspired by democratic republicans and they do not have democratic republican policies. Read me whole comment next time.

https://www.policysolutions.hu/userfiles/elemzes/309/regime_change_30_years_on_en_summary.pdf

The USSR was definitely communist. They called themselves communist, were inspired by communists and implemented communist policies.

These polls are really out of date. These numbers have since improved substantially in capitalism’s favour.

Probably on a per capita basis but we are all contributing to climate change (the majority of it): https://www.epa.gov/ghgemissions/global-greenhouse-gas-emissions-data

Do you have a source?

I haven’t specifically looked at While Foods but I’m guessing the higher-priced premium products cost more at wholesale and therefore don’t produce better margins.

This is just straight up gaslighting.

“We’re not condoning it, we’re just promoting an amusing meme that condones it.”