verteu

14 ms·

211.
by verteu 2y ago
But inflation-adjusted median & 10th percentile wages have grown L20yrs, (per my other comment in the thread), right?
212.
by verteu 2y ago
Appreciate the reply. For the curious, here's a source for the emergency expenses number (32% can't afford a $500 expense with their savings per Table 12): https://www.federalreserve.gov/publications/2023-econ
213.
by verteu 2y ago
"When workers get pay increases, they think it's their own work; when they see inflation, they think that's bad policy" - Dean Baker I think both wages & prices around the time of covid, and it's easy to manufac
214.
by verteu 2y ago
My guess: Negativity makes great clickbait & political propaganda. I agree the numbers look great -- Added stats in a sibling comment above.
215.
by verteu 2y ago
Is this economic pessimism supported by data? Online, I see lots of complaints about rent burden, but it barely increased from 25%->27% from 2001-2024 [a]. Median wages are growing faster than inflation, too. The easiest numbers to pull
216.
by verteu 2y ago
It barely seems possible (much less likely) for everyone (in aggregate) to downsize. Probably someone is buying or moving into their old (newly-vacant) property?
217.
by verteu 2y ago
https://en.wikipedia.org/wiki/Diminutives_in_Australian_Engl...
218.
by verteu 2y ago
Are VW's shareholders actually doing well? It seems Volkswagen stock is down -16.23% last-5-years, and trading at a price-to-book ratio of 0.39. I'm not an accountant, but with such a low P/B ratio, is there a chance the comp
219.
by verteu 3y ago
Right, that's covered by "owner's equivalent rent." This is LOWER than what homeowners actually pay. (Think about it -- Do landlords make negative `profit = home_payment_expenses - rent`?) Any why would GGP mention food,
220.
by verteu 3y ago
CPI includes housing, food, cars, & energy. You're welcome to check an alternate metric (eg Truflation), but they're all quite similar to CPI.
221.
by verteu 3y ago
My other comment in this thread compares the growth of CPI and wages (wages grew faster).
222.
by verteu 3y ago
But the median wage is up 40% in the last 15 years... If your pay has been constant, you're getting salary decreases in real terms.
223.
by verteu 3y ago
> "Unfortunately, what has happened is that wages haven’t kept up with the cost of living, by and large, for the last 50 years or so" Not sure about 50 years, but from 2001-2020 (period where data is most easily available for m
224.
by verteu 3y ago
EDIT: Seems the best metric is "avg rent burden", the ratio of median_rent/median_income. It increased from 25%->27% from 2001-2024 [a]. Far from a catastrophe, though there is an upward trend since 1999 [b]. There are spi
225.
by verteu 3y ago
Every union officer is elected by the workers, so yes, they have an incentive to please them. Historically, unions have been responsible for a massive amount of health & safety improvements in the workplace.
226.
by verteu 3y ago
Since 1990, NYC rent has grown at 3.4%/yr, wages have grown at 3.4%/yr, and minimum wage has grown at 4.7%/yr. Doesn't seem too terrible to me? https://fred.stlouisfed.org/series/CUURA101SEHA https
227.
by verteu 3y ago
Some concrete numbers for the curious: I'd estimate that a single individual with zero skills in NYC could get: 1) A receptionist job for $46k/yr (includes health insurance) [1] 2) A shared $2k/mo 2BR Jersey City apartment [2
228.
by verteu 3y ago
Any good websites with up-to-date historical USA crime-per-capita graphs? I'm tired of looking at 2-year-old data, or manually stitching together quarterly UCR crime counts [1] with population estimates. [1] https://cde.ucr.
229.
by verteu 3y ago
> Although Dugan, Shaffer, and other members say their union stewards on site helped press their concerns to management, they say that local and international IBEW officers who visited the facility scoffed at their concerns. Why did thei
230.
by verteu 3y ago
tldr: "The air becomes cleaner in areas where the economy slumps. The researchers estimate that this cleaner air accounts for more than one-third of the mortality reduction." From the paper: "Recession-induced mortality decli
231.
by verteu 3y ago
But why are other countries able to build successfully, despite the same chain of accountability?
232.
by verteu 3y ago
'Bad Therapy' does sound in line with GP's thoughts, but I'm not sure it's a high quality book. The author took a real paradox ("More treatment but no less depression: The treatment-prevalence paradox") an
233.
by verteu 3y ago
Unpaywalled: https://archive.is/dh4fn Not much data. Just: > Different occupations have also had to take different approaches to remote working...About half of people working in computer or mathematical jobs work remotel
234.
by verteu 3y ago
How much is a "typical top 10% inheritance" in the US? According to this, it's under $175k, which hardly guarantees a lifetime of luxury: https://www.federalreserve.gov/econres/notes/feds-notes/
235.
by verteu 3y ago
Would be interesting to see some geographical analysis on this. For example, why is there so much breast cancer in southern Sagamore, MA? (Figure 6(F), p475 of https://ehp.niehs.nih.gov/doi/pdf/10.1289/ehp.021
236.
by verteu 3y ago
No, that's not how war crimes work.
237.
by verteu 3y ago
Yes, I know that part is a previous post. You also heavily edited GP, but current state of comments is reasonable now.
238.
by verteu 3y ago
edit: Good point, I agree that parallel construction is an important concern, especially since there's so little transparency in police investigations. One possible solution is to force them to limit the duration recorded to only a few
239.
by verteu 3y ago
No, in New Bedford, the "conversation" was not admitted into court [1]. Oakland is the "one" case I mentioned [2]. Do you have a source for the Connecticut case? [1] "New Bedford utilized ShotSpotter, and the follow
240.
by verteu 3y ago
Why didn't you mention that the only "conversation" recorded by ShotSpotter admitted in court was a guy saying "[shooter's name], why did you shoot me!" two seconds after the sound of gunfire? It seems an impor

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