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Bad Economic Predictions

Posted: Mon Aug 16, 2021 7:53 pm
by TheCatt
Technically, true, at the moment, but only because we had deflation the first few months after the pandemic, so the yoy comparisons look bad. But, he's probably not mentioning that people should have gotten negative raises last year.

Inflation is averaging 3.6% this year. If people get those 5.4% raises, then we'll have entrenched inflation, instead of temporary inflation.

Bad Economic Predictions

Posted: Tue Aug 17, 2021 1:18 pm
by Leisher
Fewer people are going to Home Depot. This also is a potential sign that the housing boom is ending. (Among other things cited in the article.)

Restaurants are dealing with ingredient shortages.

Retail down more than expected.

Delta is blamed.

Bad Economic Predictions

Posted: Mon Aug 23, 2021 10:43 am
by Leisher
Shipping crisis is getting worse.

Do your Christmas shopping early this year.

Bad Economic Predictions

Posted: Mon Aug 23, 2021 10:45 am
by GORDON
10.

Bad Economic Predictions

Posted: Mon Aug 23, 2021 10:46 am
by TheCatt
Leisher wrote: Mon Aug 23, 2021 10:43 am Shipping crisis is getting worse.

Do your Christmas shopping early this year.
If China had a vaccine that was worth a damn...

Bad Economic Predictions

Posted: Mon Aug 23, 2021 10:47 am
by GORDON
TheCatt wrote: Mon Aug 23, 2021 10:46 am
Leisher wrote: Mon Aug 23, 2021 10:43 am Shipping crisis is getting worse.

Do your Christmas shopping early this year.
If China had a vaccine that was worth a damn...
I wonder if they haven't been able to steal it yet, or if they're incapable of reproducing it.

Bad Economic Predictions

Posted: Mon Aug 23, 2021 10:51 am
by TheCatt
GORDON wrote: Mon Aug 23, 2021 10:47 am I wonder if they haven't been able to steal it yet, or if they're incapable of reproducing it.
Maybe they actually bet on themselves? I dunno, I feel like they steal most anything.

Bad Economic Predictions

Posted: Mon Aug 23, 2021 10:53 am
by Leisher
GORDON wrote: Mon Aug 23, 2021 10:47 am
TheCatt wrote: Mon Aug 23, 2021 10:46 am
Leisher wrote: Mon Aug 23, 2021 10:43 am Shipping crisis is getting worse.

Do your Christmas shopping early this year.
If China had a vaccine that was worth a damn...
I wonder if they haven't been able to steal it yet, or if they're incapable of reproducing it.
Zing!

GoPuff is the sort of thing that always reminds me that people with money aren't necessarily smart.

The concept of these delivery services are great, particularly with a population that is both busier and lazier. Not to mention all the covid shit. However, at no point does it seem like most of them seriously considered the people who would be doing the actual delivery. Shockingly, they want to get paid fairly and have a good work experience. Who would have thought!?

Bad Economic Predictions

Posted: Mon Aug 23, 2021 12:02 pm
by TheCatt
Leisher wrote: Mon Aug 23, 2021 10:53 am GoPuff is the sort of thing that always reminds me that people with money aren't necessarily smart.

The concept of these delivery services are great, particularly with a population that is both busier and lazier. Not to mention all the covid shit. However, at no point does it seem like most of them seriously considered the people who would be doing the actual delivery. Shockingly, they want to get paid fairly and have a good work experience. Who would have thought!?
When labor markets are tight, they can make demands. When it's not...

Bad Economic Predictions

Posted: Mon Aug 23, 2021 1:05 pm
by Leisher
TheCatt wrote: Mon Aug 23, 2021 12:02 pm When labor markets are tight, they can make demands. When it's not...
Oh I get that, but who doesn't plan ahead? Who doesn't see downturns coming? Why is this a shock to them in August 2021 considering the past two years?

Bad Economic Predictions

Posted: Fri Sep 03, 2021 4:29 pm
by Leisher
Kraft cooked the books and gets a slap on the wrist.

This is bullshit. Jail time should be the fate of these assholes, not a small fine.

And not Club Fed either. I want them to be someone's bitch.

Seriously, what's the deterrent for white collar crime?

"We caught you stealing millions!"
"Oh noes! Am I going to jail?!"
"No, you'll need to pay a small fine and you can't work as a board member for a couple of years."
"So do you need me to pay all the money back?"
"No, keep it."

Bad Economic Predictions

Posted: Fri Sep 03, 2021 4:48 pm
by TheCatt
They didn't really steal, they just lied. Although, there should be an investor class action lawsuit already, i would guess.

Bad Economic Predictions

Posted: Fri Sep 03, 2021 10:24 pm
by Leisher
I know they didn't steal, but it triggered another story I heard recently about someone who did and paid dick compared to what he stole.

They should still go to jail. We've got to stop allowing white collar crimes to go relatively unpunished.

Bad Economic Predictions

Posted: Mon Sep 20, 2021 1:03 pm
by Leisher

Bad Economic Predictions

Posted: Mon Sep 20, 2021 1:42 pm
by TheCatt

Bad Economic Predictions

Posted: Mon Sep 20, 2021 3:33 pm
by thibodeaux
Of course you can't find a video of it, but South Park had a great line:

"Asian culture has plagued our fragile planet for centuries. We must end it."

Bad Economic Predictions

Posted: Mon Sep 20, 2021 3:39 pm
by TheCatt
thibodeaux wrote: Mon Sep 20, 2021 3:33 pm Of course you can't find a video of it, but South Park had a great line:

"Asian culture has plagued our fragile planet for centuries. We must end it."
https://yarn.co/yarn-clip/38fb3f37-5bb8 ... a15f976cb7

[fragile Earth for many years]

Context...
Mr. Garrison
Thank you for that presentation, Eric, but the assignment was on Asian cultures. You get a D-.
Cartman
Ah, dammit!
Mr. Garrison
Who should we call on next, Mr. Hat?
Mr. Hat
Well, how about Stan, our little South Park quarterback star?
Mr. Garrison
Oh, good idea. Okay Stanley, you're next.
Stan
Um, I'm not really prepared either.
Mr. Garrison
Well, just make something up, like Eric did.
Stan
Okay, uh... Asian culture has... plagued our fragile earth for many years. We must end it-
Mr. Garrison
Excellent. A-.
Cartman
Eeyy!
Stan
Wow, cool!
Cartman
Wait a minute, why the hell does he get an A-?
Mr. Garrison
Eric, Stanley just might lead our team to victory against the Middle Park Cowboys for the first time in decades. And we treat star athletes better because they're better people.
Cartman
That's not fair!
Mr. Hat
Life isn't fair, kiddo, get used to it.
Cartman
Stupid puppet.

Bad Economic Predictions

Posted: Mon Sep 20, 2021 6:25 pm
by thibodeaux
That's the one

Bad Economic Predictions

Posted: Wed Sep 29, 2021 1:39 pm
by TheCatt

Bad Economic Predictions

Posted: Thu Oct 07, 2021 9:37 am
by TheCatt