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xapata
searching PlanetScale…
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17 ms
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211.
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by
xapata
4y ago
The discussion is real enough for me. However, lacking knowledge of the interlocutor brings a few problems. It's hard to know what shared knowledge and context we have. One difference in terms that we're having trouble with is &
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xapata
4y ago
https://research.google/people/105290/ Still on the website.
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xapata
4y ago
Nominal wages are a part of inflation, so there's nothing about the inflation rate that inherently changes real wages. If all components of inflation increased uniformly, purchasing power would stay constant. Inflation is only a drag
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xapata
4y ago
> distract from the actual issues at hand. On the contrary, noticing that real wages increased for the poorest 40% may motivate policies like a universal income / citizen dividend. Perhaps a higher steady state inflation is necessa
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by
xapata
4y ago
> Not sure what point you're trying to make to me. I wanted to add nuance to the statement about most wealth going to the top. The last two years have also been great for (some groups of) poorer Americans. Real wages had been goin
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by
xapata
4y ago
> If that is your argument I wasn't arguing for a particular point, but I do happen to advocate for basic income policies funded by progressive taxes. > to about 2008 I must have overlooked that you were talking about a longer ti
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by
xapata
4y ago
It's not roundabout. Namespaces in many languages are simply dictionaries/mappings of strings to objects, with the restriction that the strings must conform to a variable name standard. There's not much difference between `ob
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xapata
4y ago
Source: https://www.nytimes.com/2022/11/29/opinion/inflation-poor-in... "The labor economist Arindrajit Dube has estimated hourly wage changes — by decile rather than quartile — over a longer period
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xapata
4y ago
Your analysis doesn't match the economic measures I've been reading, which indicate that lower income workers in the US have seen real wage gains and that homeowners have seen net worth increases, and are feeling wealthier. Unemp
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xapata
4y ago
Who are the shareholders? Pension funds, which ensure a decent retirement for a large portion of US residents. Index funds, in which many people have invested their retirement funds.
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xapata
4y ago
Sounds like the "No True Scotsman" defense. "Oh, that was just an outlier. The real parts of the empire were ..."
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xapata
4y ago
Not in the places they left.
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xapata
4y ago
> Hell, if you demolished Manhattan and everyone there moved to other cities in the US, I wonder if the average rent and/or mortgage payments of the displaced people would go down... Is that a rhetorical question? You've asked
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xapata
4y ago
That's an incomplete quote. > Diaz [the medical examiner] noted that Sicknick had engaged the rioters and said “all that transpired played a role in his condition.” https://en.wikipedia.org/wiki/Death_of_Brian_S
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xapata
4y ago
I'm pretty good, I think, about sticking to my shopping list. However, I don't always have time to research vendors. Finding a new vendor in a banner advertisement can be helpful. Just the other day, I discovered a local manufa
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xapata
4y ago
The sample variance is different from the distribution variance, but I get your point.
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xapata
4y ago
It's hard to imagine a uniform distribution over an infinite domain, but that sounds right if you're think of it as a half-open spectrum.
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xapata
4y ago
Are they normally distributed?
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xapata
4y ago
What alternative would you suggest?
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xapata
4y ago
I use a more modest 3.5% real return estimate. I'd rather wind up accidentally rich than accidentally poor.
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xapata
4y ago
Calling it an "oscillation" means that you know the causal mechanism has a spring-like behavior, which is a more complex model than a random walk. A random walk can easily appear to be an oscillation, but is not one.
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xapata
4y ago
An autoregressive system with a positive coefficient is a feedback system, yet it is not oscillatory. Any appearance of such is an illusion, like seeing faces in clouds.
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xapata
4y ago
I'm not sure oscillation is a good metaphor. It could be a random walk, which might appear periodic, but is not.
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xapata
4y ago
The question is not what the government is limited to, but who is performing the limiting.
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xapata
4y ago
Limited by what? There's a bit of a who-watches-the-watchman problem.
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xapata
4y ago
Does Daniel Tiger portray a royal family as benevolent, and a democratically elected leader as incompetent? If so, it sounds like it's anti-democracy. Perhaps unintentionally so, but perpetuating those mythologies nonetheless.
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xapata
4y ago
That's better than a real wage decline, which is what had been happening for decades.
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xapata
4y ago
The difference is the scale of the Madison Square Gardens business. You could argue that they have a sort of monopoly power that holds them to a different standard than the typical business.
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xapata
4y ago
Probably from a photograph on the lawyer's website. They often post photographs of themselves looking pleasant and well-dressed, along with a summary of their careers.
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xapata
4y ago
FDIC insures assets in US bank accounts. SIPC insures assets in US brokerage accounts.
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