“Are Food and Energy Excluded from Inflation Measures?”
“Martin Scorsese’s first new movie since 2019”
“I regret to inform you that you have magical forest feces on your person”
Sorry, pard(ners). It’s all Zelda, all the time ’round these parts. Wah wah.
Poop.
Indeed.
coprolite?
Political Obfuscation Operation Plan.
Standard issue politics it is!
I have no issue with decoupling the volatile energy markets from CPI. As the article mentions you aren’t ignoring the impact, but it masks impact in other areas. If you remove it you can focus on them as well.
What never gets any press is the revisions. Look at headline inflation and look at the “revisions”. They always masked inflation in the initial reports.
Chart that isn’t microscopic
Inflation Persistence: Dissecting the News in January PCE Data
Then they should take a moving average of the volatile markets. It’s not like energy and food don’t make up a significant (and the most important part) of everyday household expenses.
It’s f****** economics.
There is a reason I both had to take something like 18 credits of it undergrad and pos-grad and hated every second of it.
At least accounting while totally painful was and is useful.
I voluntary took one semester of it and hated every second of it.
It just makes my eyes glaze over.
It made discrete mathematics and matrix algebra “fun”!
I don’t object to having various ways of measuring inflation. But the high-volatility items — food and energy — are huge impacts on the working classes.
It needs to be headline news that current administration is crushing the very people they are supposed to be supporting.
Same link twice.
Also left unsaid in that article is that the chained CPI, which accounts for substitutionary effects and therefore underreports real inflation, is used for policy making in many cases. For example, tax brackets are based on the chained CPI, not CPI-U or even core CPI.
Big Chart
https://libertystreeteconomics.newyorkfed.org/wp-content/uploads/sites/2/2023/03/LSE_2023_MCT-update_march_almuzara_ch2.png
Two Economists? In the same room?
Yes – I forgot about chained CPI.
For anybody that likes to play with data FRED at the St Louis Fed is really good tool.
Does CPI underreport real inflation, or does unchained overreport it?
I think chain CPI is probably more accurate.
On the other hand, I would prefer something like “change in M2” which both underreport. So chain is worse in that regard.
On the gripping hand, it wouldn’t make a damn bit of difference if the government wasn’t meddling in every fucking thing.
To some extent it depends on what exactly you want to measure, I suppose, but if I start buying chicken because I can no longer afford beef (or more realistically in 2023, if I start buying beans because I can no longer afford chicken), the result isn’t neutral like the chained CPI would suggest it is. With regard to income tax, chained CPI was mandated specifically for the sake of arresting upward bracket adjustments to maximize revenue.
I thought the bigger effect of chained CPI was things like if I bought a new TV with greater features for 1% more, that is actually a decrease in price, due to the value of the new quality. Substitution in the other direction, substituting higher quality.
It cuts both directions. In a relatively higher inflationary environment like the one we’re in now you’re probably going to end up with an understated number relative to true inflation, even if you think unchained CPI is overstating it.
As another example, various conservative groups, including Heritage, have been pushing to make social security cost of living adjustments use chained CPI to arrest the rate of growth of benefits. Given the nature of the program and the sort of people dependent on it, increasing value per dollar in things like household appliances or consumer electronics, for example, are less likely to be meaningful to their living situation, while decreasing value per dollar in things like food, housing, energy and transportation would probably be more important. Which measure would you choose if you were looking at the issue strictly academically, compared to if you were looking at it from a budgeting perspective?
Its website(opens in new tab) claims the convention “isn’t about pushing any particular ideology,” while at the same time listing examples of “based beliefs” that the organizers subscribe to:
Men cannot give birth
Guns don’t kill people; people kill people
A fetus is a human being
Socialism has failed everywhere it’s been tried
Discriminating against white people is racism
5 for 5. Apparently, I can’t be let out in polite company.
Apparently, I can’t be let out in polite company.
If you had asked us, we would have told you.
Based.
no rule 6?
These opinions are now verboten. Please report for your re-education at a lovely camp.
This is why I have become a hermit in rural Iowa.
I’m actually somewhat curious (not enough to pay for it, or to try to set something up) what random polling would say on those five “based beliefs”.
All of those things were either not controversial a few years ago or at the very least one could have a civilized argument about them.
Sounds like a good convention to me. I am tired of that shit too. The author of the article clearly has a sad.
So you like Japanese music with a Celtic theme. How about American music in Japanese with a Celtic theme?
The Roseー Bette Midler
Ahead of their 10-day mission to the Moon, the Artemis 2 crew members will be undergoing 18 months of training to learn how to operate the spacecraft and what to do in case of an emergency.
It’s about time we got to the moon.
The moon is beautiful!
Oh yeah.
I had that on cassette thanks to Ferris Bueller’s Day Off.
We like the moon! 😃
Next we are going to steal (pause for effect)… THE MOON!
The film follows Burkhart, a police detective who investigates a series of brutal crimes in the Osage Nation known as the Reign of Terror. Killers of the Flower Moon is based on a true crime book of the same name, written by David Grann.
*hits peace pipe*
The suspense is Mohican me crazy-horse.
I enjoy these pun threads. So sioux me.
Hit a rough Apache, huh?
Boy, we’re not Cheyenne away from the issues today.
Sounds interesting, but it won’t be a Seminole work.
I can’t tell how zuni Swill will be here to scold us.
Swill? Must be Friday. Sorry SWISS.
Just Hopi that he summons a fairy to fix your post
Chumash on it enough, it will be swill.
Anybody else think Scorsese has been phoning in the same movie for the last 20 years and should go ahead and just rest on his laurels now?
Today I learned Scorsese was still alive.
The weekend is upon us, I’m planning on getting on my bike for a ride after work, and I’m not quite sure when I’ll be getting home. With that, I’ll give you the Open Zoom/Happy Hour/Neph being lazy and not wanting to moderate link. People usually start showing up around 2000-2030 Eastern.
Oh boy am I gonna get hammered tonight after the day I’ve had
I’m thinking Dr. Pepper & Tennessee Honey
I’ve heard sugar is the worst thing for a hangover, just sayin’.
Legendary.
A 30-pound rare white bison calf hit the ground at the Bear River State Park near Evanston, Wyoming, at about 6:30 a.m. Tuesday.
Park Superintendent Tyfani Sager said the new baby is small, but by all accounts doing well.
The as-yet unnamed baby’s sex remains unknown, but it’s been up and nursing from its mother, named Wyoming Hope.
Is that a sign of the end times? Please?
If I remember my X-Files episodes correctly, the birth of a white buffalo is a harbinger of changes to come…
Not really the white bison of legend. It’s not an albino, but has some Charolais cattle blood. Look at the photos and you’ll see several white adults, too.
Well shit, it’s curtains for Mulder then.
How did they manage to weigh the bison calf but couldn’t assign its sex at birth?
Misgendered Bison will be the name of my next band.
Will your hit song be “Won’t you come out tonight?”
Obvious link is obvious
https://www.youtube.com/watch?v=38RdjSQDN4o
Anybody else think Scorsese has been phoning in the same movie for the last 20 years and should go ahead and just rest on his laurels now?
I vowed never to watch another Scorcese movie when I staggered out of Gangs of New York. Holy fuck what a piece of nonstop wankery.
That was the last Socorse film I watched as well.
I agree about Gangs, but he’s done some very good to great stuff since then. The Departed in particular, great movie.
The one thing I remember from that – get these people some soup and then get them registered to vote.
A 30-pound rare white bison calf hit the ground at the Bear River State Park near Evanston, Wyoming, at about 6:30 a.m. Tuesday.
Ruh-roh.
*looks out window for ghost dancers*
I’ve been invited to BasedCon but have not been able to go. I have not been invited to speak because, well, scifi is not my genre and I have not been able to go.
That can be remedied. “Space Pirates!”
@robodruid’s got me working on it, damn him!
Space pirate stories made George Lucas a billionaire, just sayin’.
Stelaing space is hard to pull off. It just doesn’t want to come with you.
I need to read the basics of this genre so I don’t repeat somebody. I know all too well the hazards of going into a genre blind. (Tried to edit a story WAY outside my genre and my publishing partner said, “Um, no, actually, it’s supposed to be like that.” Oh. Oops.)
A list would be handy (hint hint all you Glib space opera readers).
The Gap Series Stephen R Donaldson
The first question would be if you’re talking modern space opera or classic space opera.
Lets do both!
Here are a few of my faves that clearly fall into the Space Opera sub-genre.
A Fire Upon the Deep – Vernor Vinge, 1992
The Mote in God’s Eye – Larry Niven and Jerry Pournelle, 1974
Heinlein gave a cover blurb for Mote: “Possibly the greatest science fiction story ever written.”
I agree. Possibly.
My answers may not be perfect, because they are from authors who write “hard” sci-fi (scientifically accurate, as much as possible) but wrote novels that while still being that, also have a space opera feel.
Alien races, long distant space travel, space battles! The fact the Niven and Pournelle worked out multiple pages of differential equations for their FTL travel is totally beside the point.
It’s been decades since I read “The Mote in God’s Eye”.
I had to look it up to remember the plot.
My problem is most of the “cheesier” type space operas I know are tv shows or movies. I havent read many(any?) of the novel format ones.
robc:
For the old ones, I would probably suggest the Lensman series. The story telling is mediocre, it’s all deus ex machina and chosen one, but it’s right there in the genre. Perhaps the John Carter of Mars series as well.
It’s not my favorite genre, I much prefer the harder sci-fi from Pournelle and Niven.
I was thinking about Fire and realized something…I think Vinge decided to see how many space opera tropes he could fit in a single hard sci-fi nove.
Crazy Aliens.
Space travel.
Space battles.
Space chase scene.
Space Gods.
Rise and Fall of civilizations.
Humans somehow at the center of it all.
And best of all, SPACE USENET including SPACE TROLLS!!!!
Testicular fortitude.
Females who think they are males are getting “gender affirming piercings” on their genitals to simulate balls
Is the “ornamentation” made of brass?
Neuticles for people.
Command by 3M® damage-free adhesive hooks and some Truck Nutz?
I read that as ‘stimulate’ balls and wondered whose.
Never considered this:
OTH, I’ve always thought they should be paying KISS royalties.
デーモン閣下 地上の星
Females who think they are males are getting “gender affirming piercings” on their genitals to simulate balls
Are they brass? Do they clank when they walk?
Or are they Neuticles?
Do they hang low and wobble to and fro?
Can you tie them in a knot? Can you tie them in a bow?
If they want a truly authentic experience I’m sure there are plenty of older gentlemen with some extra skin they could donate.
Jim Brown passed away.
https://www.foxnews.com/sports/browns-legend-jim-brown-dead-at-87
Andy Rourke (bassist for The Smiths) has also died.
/queues up I’m Gonna Get You Sucka! and Mars Attacks!
It’s all Pokemon here. Daughter got the latest version since she has now graduated from elementary school. Summer begins!
Pffft. I’m on Jewel Quest (original/classic), Angry Birds (classic), Free Cell, and MahJongg solitaire. I am the queen of gaming.
This is Japanese voice for Satoshi
Mezase Pokémon Master
I legit LOL’d when this posted.
You let children play those games?
/sarc
That series is one of two reasons I even own a switch…
You’re not teaching her to torment Koroks?
A pornified view of womanhood
Fuck you, it did not. You have a fucking fetish. Own it and quit inserting yourself into my reality.
Getting fucked makes you female because fucked is what a female is.
And now he is erasing gay bottoms.
I’m not thinking Chu is going to make many real friends.
male -> female is most certainly a fetish.
female -> male is most certainly social contagion.
female → male has various components*
a. hiding from men (because, e.g., sexual assault) / don’t like male attention
b. don’t like their bodies
c. don’t know how to feel thru puberty because it’s confusing and horrible
d. are tomboys who’ve been convinced they’re really boys
e. are lesbians who don’t know or have been convinced that they’re really boys
f. perceive that life is easier as a male
Now, you add up all those girls, and it sure will look like a social contagion—and that’s before it becomes The Thing To Do.
*in my infinite wisdom
Because I played in rock bands all my life and hang with a very left wing (and crazy) crowd I know a few transitioners.
Every male who transitions to female: is extremely outgoing and attention seeking.
I only know one female who transitioned to male: She’s is a painfully shy bassist and has (she claimed) asperger’s. She was in a preexisting lesbian relationship that survived the transition.
…
I have no idea if this is representative or not.
Not overly surprising. “On the spectrum” people have a far outsized incidence of gender dysphoria and transgender identification. The more cynical types have suggested that the trans movement is exploiting autistic people who are already susceptible to that type of dysphoria because of their condition.
I guess I’m a cynical type then. Just like all evangelical religions, the trans movement seems to prey on the vulnerable and offer them a bullshit solution. I think a lot of problems could be solved by telling kids when they’re young that the world is an extremely weird, wild and irrational place and you’re going to live with confused and conflicted feelings about almost everything all the time. There’s no easy fix. Welcome to life!
Cults have so much to offer, if you have so little self-identity that joining up gives you purpose.
Maybe the aggressiveness of some of the trans protests is just an autistic meltdown.
That is a more nuanced take, thank you. Perhaps the social contagion part is the idea that all problems and uncomfortable feelings will go away with hormones and surgery.
Well, my biggest problem is with the tomboys. Poor girls. Can’t pick up a hammer or ride a motorcycle just because they like it, can they? Because they’re competent humans who have an interest in Things? NOOOOOOO. They MUST be boys!
Some sexist bullshit, right there.
https://duckduckgo.com/?q=when+a+girl+changes+from+bobby+socks+the+song&t=ffab&atb=v198-1&iar=videos&iax=videos&ia=videos
If only I had a mental illness I could parlay into a Pulitzer.
But according to Chu, sissy porn is fundamental to his trans identity.
I would think the QUILTBAG would turn into a bag full of madly clawing cats at that. I just don’t want to wander into the venue of that.
‘We’re at a Very Bad Moment’: Negotiators Pause Debt-Ceiling Talks
Scranton Joe needed to change his depends and get another pudding pop.
The default is optional, you slimy fucks. The $200 billion we’ve spent on Ukraine in the last year would cover us for another quarter. It would be great to see Biden destroy the United States’ ability to ever borrow again just to pwn the elephants though.
You never hear them mention shutting down the government.
There is enough revenue to cover interest payments. There is no 14th Amendment right for the Treasury to issue debt without authorization from Congress (I know the Constitution is just a piece of paper).
The Constitution is secondary to WHAT I WANT! Wahhhhhhhh
I can’t see how this might create any friction. I’m sure this is an interesting marriage.
The magazine’s Ethicist columnist on who deserves what in a marriage.
Paywalled.
Now that’s how you first.
Legit LOL.
Humbly seconded.
That man is clearly traveling to BasedCon.
White privilege.
@NYPD90Pct and EMS are on scene in front of 234 Broadway & Roebling St after a group of 10 youngsters robbed a person after assaulting & throwing the victim down to the ground, the 10 youngsters were able to steal, keys, pocketbook & other stuff, the victim was taken to hospital
Youngsters. Those rascals. Also, is that the fighting style Tucker was referring to?
“Youngsters”
I guess the old euphemism “youths” has become too aggressive.
They were just frolicking about.
Malarkey
A list would be handy (hint hint all you Glib space opera readers).
The Stainless Steel Rat is pretty privateer-ish, as I recall.
No, that was more a far future “It takes a thief to catch a thief” series. Great reading, albeit satirical of many things.
Importantly, Chu is a biological male who identifies as a woman. Much of his work revolves around his transness and the process of ‘becoming’ a woman.
I can’t wait for the part where he disappears up his own asshole, and nobody misses him, or eve notices his absence.
The default is optional, you slimy fucks. The $200 billion we’ve spent on Ukraine in the last year would cover us for another quarter. It would be great to see Biden destroy the United States’ ability to ever borrow again just to pwn the elephants though.
Earlier today, I was reading an article which mentioned the analysis (Wharton, I think) of the so-called Inflation Reduction Act which estimated the cost as a nearly a trillion dollars. The original claim was a mere 350 billion or so.
I want to beat Joe Biden to a bloody mush with a sock filled with Indian Head nickels.
🚩🚩🚩🚩🚩
You need to fuck alllll the way off. And also post your home address.
We know why. It’s because of people like you.
That’s a good point though. Instead of hiding it, they should just raise the ticket price and hire several hundred private military contractors who were cut from Blackwater for mental health issues to provide security.
“Here it is, we welcome any and all dissenting voices!”
I shared your suggestion. https://twitter.com/moriahjovan/status/1659688778422968320?s=61&t=y8Ejj18wOWSK9Bip7NhfLQ
Posting quotes from this site on your real Twitter handle is a dangerous game. I admire your chutzpah.
Eh, I’m about to put #AdultHumanFemale on my bio and let all my romance readers and acquaintances cancel me.
LOL at “WarlordCon”
4pm: A Seminar on Driving Your Enemies Before You.
Ok, how many hotels in Grand Rapids could host this? I think people should be able to figure this one out.
Horrifying prospect
Nations around the world are looking on with a mixture of alarm and bafflement as the United States hurtles toward an economy-wrecking default, with the Republican Party refusing to raise the country’s globally unique debt limit without massive, harmful spending cuts.
The possibility of a U.S. default—a failure to pay the government’s obligations—has already rattled global markets and prompted grave warnings from major institutions such as the International Monetary Fund, which said last week that a default would have “severe repercussions” for a world economy already facing the prospect of a central bank-induced recession.
The Washington Post reported Friday that the finance ministers of G7 nations have privately asked U.S. Treasury Secretary Janet Yellen for “updates on the status of negotiations between the White House and House Republicans” as officials from the rich countries gather in Hiroshima for their annual summit.
Finance ministers have also voiced their concerns publicly. German finance chief Christian Lindner said last week that he hopes “an adult decision will be made with regard to the development of American government finances and the associated effects on the global economy.”
What’s the point of even having a government if you’re not going to let it spend without constraint?
I’m not carrying around a debt burden an order of magnitude larger than my assets and income. I guess I’ve been doing this whole “adult” thing wrong. Also we have this little thing over in the New World called national sovereignty, fuck face. Whatever effects our monetary policy have on the “global economy” are your problem, not ours.
He’s expecting an adult decision from Biden?
It’s easy to explain to the Germans, just think of the American Democratic party as the people that can’t even run Greece.
A lot of countries might have to pull their own weight if U S spending somehow actually were to be brought under control.
Yeah, so made biscuits from scratch. Now, before you say, so what? You have to know that I made a shit batch one night just before my daughter had to take some to school for pioneer day (I told her to tell everybody it was hardtack) (cuz it was by that time) and I’ve been intimidated as hell ever since. So I am very proud of myself right now.
Congrats
😀
I have read that the real trick is to get the flour from a mill in the South, it’s a softer wheat kernel.
I will admit they are not as good as Hardee’s biscuits.
Well, my biggest problem is with the tomboys. Poor girls. Can’t pick up a hammer or ride a motorcycle just because they like it, can they? Because they’re competent humans who have an interest in Things? NOOOOOOO. They MUST be boys!
Some sexist bullshit, right there.
Much inclusive. How sensitivity.
<em<Yeah, so made biscuits from scratch.
Who said you could do that?
*hangs head*
Nobody.
Girl stuff, Moj, I’m proud of you.
/Waiting ’til 7 PM, holding my breath
😂 Well, you know me. Little bit from column A, little bit from column B.
Eating while tuping is problematic.
If I had a son, I would expect him to have a more than rudimentary understanding of how to cook and clean and sew. If I had a daughter, I would want her to know how to change her own oil and be able to repair a broken lamp and shovel her own sidewalk.
None of that would require any sort of “gender therapy”.
Maybe I will break out the Manual of Common Tasks when the kids are older.
Wow, Jim Brown passed away. RIP
Just when we need someone to take out Nazis.
Or throw some woman off a balcony