Poll of the Day > Why is inflation so bad right now?

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Muscles 03/08/23 1:21:21 AM #52:	ReturnOfFa posted... yeah the 'people don't work hard enough' position is infantile if you've actually worked a day in your life been part of numerous companies where everyone is BUSTING THEIR ASSES to do great work for customers. guess who gets the rewards? not the people doing the work. guess which direction companies continue to head in? that direction. the people with money, whether through luck or (usually) inherited wealth continue to entrench themselves in their positions of wealth through influence of policy. What annoys me is that there is always a handful of lazy fucks bringing everyone else down due to needing to pick up someone else's slack and they don't get fired. I have seen many hard workers stop giving a fuck because of it. Why would you even want to keep someone like that? Most people are willing to put in effort and get screwed by the company and incompetent coworkers. I feel like that minority that slacks off makes the rich think all poor/middle class people are lazy and that's where they get that bs that no one wants to work. No, no one wants to work in a toxic environment when they have the option to go elsewhere. --- Muscles Chicago Bears \| Chicago Blackhawks \| Chicago Bulls \| Chicago Cubs \| NIU Huskies <cite>Muscles posted [p:972029284] in Why is inf... [t:80371481]...</cite> <quote>ReturnOfFa posted... </cite><quote>yeah the 'people don't work hard enough' position is infantile if you've actually worked a day in your lifebeen part of numerous companies where everyone is BUSTING THEIR ASSES to do great work for customers. guess who gets the rewards? not the people doing the work. guess which direction companies continue to head in? that direction. the people with money, whether through luck or (usually) inherited wealth continue to entrench themselves in their positions of wealth through influence of policy.</quote>What annoys me is that there is always a handful of lazy fucks bringing everyone else down due to needing to pick up someone else's slack and they don't get fired. I have seen many hard workers stop giving a fuck because of it. Why would you even want to keep someone like that? Most people are willing to put in effort and get screwed by the company and incompetent coworkers. I feel like that minority that slacks off makes the rich think all poor/middle class people are lazy and that's where they get that bs that no one wants to work. No, no one wants to work in a toxic environment when they have the option to go elsewhere.</quote> ... Copied to Clipboard!
fishy071 03/08/23 1:25:03 AM #53:	They don't want people to live. --- "You don't need a reason to help people." -Zidane Tribal of Final Fantasy IX <cite>fishy071 posted [p:972029314] in Why is inf... [t:80371481]...</cite> <quote>They don't want people to live.</quote> ... Copied to Clipboard!
teddy241 03/08/23 1:38:46 AM #54:	https://youtu.be/9LLZBVTid4I https://gamefaqs.gamespot.com/a/user_image/2/1/9/AADUYLAAEQRT.jpg <cite>teddy241 posted [p:972029428] in Why is inf... [t:80371481]...</cite> <quote>https://youtu.be/9LLZBVTid4Ihttps://gamefaqs.gamespot.com/a/user_image/2/1/9/AADUYLAAEQRT.jpg </quote> ... Copied to Clipboard!
Krazy_Kirby 03/08/23 2:45:06 AM #55:	businesses were forced to close for a very long time --- Snowflakes of today: "sticks and stones may break my bones, but words will ALWAYS hurt me." <cite>Krazy_Kirby posted [p:972029975] in Why is inf... [t:80371481]...</cite> <quote>businesses were forced to close for a very long time</quote> ... Copied to Clipboard!
adjl 03/08/23 10:02:27 AM #56:	SKARDAVNELNATE posted... According to the graph ReturnOfFa posted company profits spiked in the 2000s but has smaller fluctuations around the same level in the 2010s. "Chart is based on 1-year moving averages that were adjusted for inflation" (read: the chart does not show inflation) >Chart shows a sharp increase in corporate profits since 2020 >Chart shows no increase (perhaps even a slight decrease) in wages since 2020 I don't know about you, but I certainly have enough data literacy to look at that and not say "inflation must be because wages have had to go up to convince lazy people to go back to work," instead of parroting talking points of right-wing pundits and demagogues that don't stand up to even the slightest bit of empirical scrutiny. The "nobody wants to work!" crowd is a vocal minority representing some of the most miserable, underpaid jobs and/or employers who can't be bothered to put a modicum of effort into recruiting, both of whom choose to whine about people being lazy instead of looking inward to fix the problem. Krazy_Kirby posted... businesses were forced to close for a very long time Full closures lasted less than 3-4 months in most places, if they happened at all. Most businesses were able to reconfigure themselves to operate more remotely (curbside pickup, deliveries, working from home), allowing them to maintain most - if not all - of their usual revenue. There were casualties, certainly, but the vast majority of those were small businesses. Large businesses have not only been fine, but have actually been reporting record profits most quarters since the pandemic began, and it's large businesses that drive the bulk of the inflation we're seeing (in no small part because small businesses often have to buy products from large businesses in order to operate). This inflation and the waves of layoffs we see from those large businesses are just their way of keeping that growth going for as long as possible to line executives' and shareholders' pockets. --- This is my signature. It exists to keep people from skipping the last line of my posts. <cite>adjl posted [p:972034036] in Why is inf... [t:80371481]...</cite> <quote>SKARDAVNELNATE posted... </cite><quote>According to the graph ReturnOfFa posted company profits spiked in the 2000s but has smaller fluctuations around the same level in the 2010s.</quote>"Chart is based on 1-year moving averages that were adjusted for inflation" (read: the chart does not show inflation)>Chart shows a sharp increase in corporate profits since 2020>Chart shows no increase (perhaps even a slight decrease) in wages since 2020I don't know about you, but I certainly have enough data literacy to look at that and not say "inflation must be because wages have had to go up to convince lazy people to go back to work," instead of parroting talking points of right-wing pundits and demagogues that don't stand up to even the slightest bit of empirical scrutiny. The "nobody wants to work!" crowd is a vocal minority representing some of the most miserable, underpaid jobs and/or employers who can't be bothered to put a modicum of effort into recruiting, both of whom choose to whine about people being lazy instead of looking inward to fix the problem.Krazy_Kirby posted... </cite><quote>businesses were forced to close for a very long time</quote>Full closures lasted less than 3-4 months in most places, if they happened at all. Most businesses were able to reconfigure themselves to operate more remotely (curbside pickup, deliveries, working from home), allowing them to maintain most - if not all - of their usual revenue. There were casualties, certainly, but the vast majority of those were small businesses. Large businesses have not only been fine, but have actually been reporting record profits most quarters since the pandemic began, and it's large businesses that drive the bulk of the inflation we're seeing (in no small part because small businesses often have to buy products from large businesses in order to operate). This inflation and the waves of layoffs we see from those large businesses are just their way of keeping that growth going for as long as possible to line executives' and shareholders' pockets.</quote> ... Copied to Clipboard!
shadowsword87 03/08/23 10:31:28 AM #57:	adjl posted... Full closures lasted less than 3-4 months in most places, if they happened at all. Most businesses were able to reconfigure themselves to operate more remotely (curbside pickup, deliveries, working from home), allowing them to maintain most - if not all - of their usual revenue. There were casualties, certainly, but the vast majority of those were small businesses. Large businesses have not only been fine, but have actually been reporting record profits most quarters since the pandemic began, and it's large businesses that drive the bulk of the inflation we're seeing (in no small part because small businesses often have to buy products from large businesses in order to operate). This inflation and the waves of layoffs we see from those large businesses are just their way of keeping that growth going for as long as possible to line executives' and shareholders' pockets. The majority of factories were able to claim they were required for a few specific things. Then casually worked on other things. It was still massively reduced during that time. And, once again, manufacturing is back in full swing for over a year now. <cite>shadowsword87 posted [p:972034601] in Why is inf... [t:80371481]...</cite> <quote>adjl posted... </cite><quote>Full closures lasted less than 3-4 months in most places, if they happened at all. Most businesses were able to reconfigure themselves to operate more remotely (curbside pickup, deliveries, working from home), allowing them to maintain most - if not all - of their usual revenue. There were casualties, certainly, but the vast majority of those were small businesses. Large businesses have not only been fine, but have actually been reporting record profits most quarters since the pandemic began, and it's large businesses that drive the bulk of the inflation we're seeing (in no small part because small businesses often have to buy products from large businesses in order to operate). This inflation and the waves of layoffs we see from those large businesses are just their way of keeping that growth going for as long as possible to line executives' and shareholders' pockets.</quote>The majority of factories were able to claim they were required for a few specific things. Then casually worked on other things.It was still massively reduced during that time. And, once again, manufacturing is back in full swing for over a year now.</quote> ... Copied to Clipboard!
hungrymike 03/08/23 6:50:29 PM #58:	The fed has poofed too many dollars into existence too fast thus lowering its value. <cite>hungrymike posted [p:972044485] in Why is inf... [t:80371481]...</cite> <quote>The fed has poofed too many dollars into existence too fast thus lowering its value. </quote> ... Copied to Clipboard!
ReturnOfFa 03/08/23 10:37:46 PM #59:	SKARDAVNELNATE posted... Well, there's something called Quiet Quitting which according to Gallup "at least 50% of the U.S. workforce are quiet quitters." However that's not what I'm talking about. I'm talking about less people working. The minimum wage is $14.20, I think. Yet places that are typically minimum wage jobs are offering $20-$25 just because they can't get people to apply. Gallup has been questioned for decades regarding their accuracy. Gallup typically interviews 500-1000 people. It could be construed that Gallup polls merely represent those who decided to pick up their phones and answer a Gallup poll. An opinion poll does nothing to inform me about whether or not workplace productivity has gone up or down. Are less people working? Let's look at labor force statistics. https://www.bls.gov/opub/mlr/2016/article/labor-force-participation-what-has-happened-since-the-peak.htm Current stats are similar to the late 70s. Why did participation in the labor force peak and decline? It's explained in the article, and it's nowhere near as simple as 'people are getting lazy and working less'. Participation rates are down because of an aging population. Therefore, a higher percentage is not working because they are literally beyond working age. Look at the rates for teenagers and younger 20s - they have remained steady. Also noted in the article - job availability. This isn't down to people dude, this is down to circumstance. You can't just keep pulling random sentences out expecting them to land when it simply isn't the case. As for your bit about the minimum wage...yeah, the minimum wage is like getting shit and pissed on at the same time. Once again, circumstance is screwing people over, because worker pay has not kept up with corporate profit, or CEO profit. Even if a place is paying $20-25, guess what? THAT'S STILL PISS. At least in the city I'm in, and I'm getting paid fucking piss by a massive corporation. --- girls like my fa <cite>ReturnOfFa posted [p:972049143] in Why is inf... [t:80371481]...</cite> <quote>SKARDAVNELNATE posted... </cite><quote>Well, there's something called Quiet Quitting which according to Gallup "at least 50% of the U.S. workforce are quiet quitters."However that's not what I'm talking about. I'm talking about less people working. The minimum wage is $14.20, I think. Yet places that are typically minimum wage jobs are offering $20-$25 just because they can't get people to apply.</quote>Gallup has been questioned for decades regarding their accuracy. Gallup typically interviews 500-1000 people. It could be construed that Gallup polls merely represent those who decided to pick up their phones and answer a Gallup poll. An opinion poll does nothing to inform me about whether or not workplace productivity has gone up or down.Are less people working? Let's look at labor force statistics.https://www.bls.gov/opub/mlr/2016/article/labor-force-participation-what-has-happened-since-the-peak.htmCurrent stats are similar to the late 70s. Why did participation in the labor force peak and decline? It's explained in the article, and it's nowhere near as simple as 'people are getting lazy and working less'. Participation rates are down because of an aging population. Therefore, a higher percentage is not working because they are literally beyond working age. Look at the rates for teenagers and younger 20s - they have remained steady. Also noted in the article - job availability. This isn't down to people dude, this is down to circumstance. You can't just keep pulling random sentences out expecting them to land when it simply isn't the case.As for your bit about the minimum wage...yeah, the minimum wage is like getting shit and pissed on at the same time. Once again, circumstance is screwing people over, because worker pay has not kept up with corporate profit, or CEO profit. Even if a place is paying $20-25, guess what? THAT'S STILL PISS. At least in the city I'm in, and I'm getting paid fucking piss by a massive corporation. </quote> ... Copied to Clipboard!
ReturnOfFa 03/08/23 10:43:59 PM #60:	SKARDAVNELNATE posted... It's an example of people not going back to work once the economy opened up. Companies have to offer more money for people to fill those jobs. That has to be balanced out somehow and it's not going to be by decreasing their profit. https://tinyurl.com/4vuznn9w "The Labor Force Participation Rate in December 2022 was at 62.3% (red), down from the pre-pandemic level of 63.4% in February 2020, and up from the pandemic low of 60.1% in April 2020. (Blue is the employment population ratio). In April 2020, 8.15 million people had left the labor force due to the pandemic. By December 2022, the labor force was about 0.5 million higher than the pre-pandemic high." Why just say things when you can go to the effort of confirming or disproving it? --- girls like my fa <cite>ReturnOfFa posted [p:972049236] in Why is inf... [t:80371481]...</cite> <quote>SKARDAVNELNATE posted... </cite><quote>It's an example of people not going back to work once the economy opened up. Companies have to offer more money for people to fill those jobs. That has to be balanced out somehow and it's not going to be by decreasing their profit.</quote>https://tinyurl.com/4vuznn9w"The Labor Force Participation Rate in December 2022 was at 62.3% (red), down from the pre-pandemic level of 63.4% in February 2020, and up from the pandemic low of 60.1% in April 2020. (Blue is the employment population ratio).In April 2020, 8.15 million people had left the labor force due to the pandemic. By December 2022, the labor force was about 0.5 million higher than the pre-pandemic high."Why just say things when you can go to the effort of confirming or disproving it?</quote> ... Copied to Clipboard!
SKARDAVNELNATE 03/09/23 12:26:25 AM #61:	ReturnOfFa posted... https://tinyurl.com/4vuznn9w WTF am I reading? In December 2022, the overall participation rate was at 62.3%, up year-over-year from 62.0% in December 2021, but still below the pre-pandemic level of 63.4%. So it's up from last year but not as high as before the lockdown. Long term, the BLS is projecting the overall participation rate will decline to 60.1% So it won't recover to pre-lockdown level and will continue to drop. By December 2022, the labor force was about 0.5 million higher than the pre-pandemic high. So it's higher than before the lockdown? No, that's something else that they started talking about. There are probably a few more people that will return to the workforce in 2023, pushing up the participation rate. However, demographics will be pushing the rate down. So, my guess is the participation rate will be mostly unchanged year-over-year, around 62.3%. So It won't recover to pre-lockdown level but won't drop again? Unlike what they said before. --- No locked doors, no windows barred. No more things to make my brain seem SKARD. Look at Mr. Technical over here >.> -BTB <cite>SKARDAVNELNATE posted [p:972050795] in Why is inf... [t:80371481]...</cite> <quote>ReturnOfFa posted... </cite><quote>https://tinyurl.com/4vuznn9w</quote>WTF am I reading?<quote>In December 2022, the overall participation rate was at 62.3%, up year-over-year from 62.0% in December 2021, but still below the pre-pandemic level of 63.4%.</quote>So it's up from last year but not as high as before the lockdown.<quote>Long term, the BLS is projecting the overall participation rate will decline to 60.1%</quote>So it won't recover to pre-lockdown level and will continue to drop.<quote>By December 2022, the labor force was about 0.5 million higher than the pre-pandemic high.</quote>So it's higher than before the lockdown? No, that's something else that they started talking about.<quote>There are probably a few more people that will return to the workforce in 2023, pushing up the participation rate. However, demographics will be pushing the rate down. So, my guess is the participation rate will be mostly unchanged year-over-year, around 62.3%.</quote>So It won't recover to pre-lockdown level but won't drop again? Unlike what they said before.</quote> ... Copied to Clipboard!
keyblader1985 03/12/23 6:42:49 PM #62:	Related note https://i.imgur.com/PVpPWe7.jpeg --- Official King of PotD You only need one T-Rex to make the point, though. ~ Samus Sedai <cite>keyblader1985 posted [p:972129048] in Why is inf... [t:80371481]...</cite> <quote>Related notehttps://i.imgur.com/PVpPWe7.jpeg</quote> ... Copied to Clipboard!
Metalsonic66 03/12/23 7:47:05 PM #63:	keyblader1985 posted... Related note https://i.imgur.com/PVpPWe7.jpeg I'm shocked. SHOCKED. --- PSN/Steam ID: Metalsonic_69 Big bombs go kabang. <cite>Metalsonic66 posted [p:972130275] in Why is inf... [t:80371481]...</cite> <quote>keyblader1985 posted... </cite><quote>Related notehttps://i.imgur.com/PVpPWe7.jpeg</quote>I'm shocked. SHOCKED.</quote> ... Copied to Clipboard!
AltOmega2 03/13/23 9:30:29 AM #64:	Inflation is a shit-tier fetish <cite>AltOmega2 posted [p:972140807] in Why is inf... [t:80371481]...</cite> <quote>Inflation is a shit-tier fetish</quote> ... Copied to Clipboard!
adjl 03/13/23 10:41:45 AM #65:	SKARDAVNELNATE posted... WTF am I reading? So it's up from last year but not as high as before the lockdown. So it won't recover to pre-lockdown level and will continue to drop. So it's higher than before the lockdown? No, that's something else that they started talking about. So It won't recover to pre-lockdown level but won't drop again? Unlike what they said before. I like how literally every question/point of confusion you had in this post could be answered/resolved if you just read the article as a whole instead of picking out individual points that you think you can use to support the a priori assumption from which you're arguing, while ignoring the context in which those points are being presented. --- This is my signature. It exists to keep people from skipping the last line of my posts. <cite>adjl posted [p:972141859] in Why is inf... [t:80371481]...</cite> <quote>SKARDAVNELNATE posted... </cite><quote>WTF am I reading?So it's up from last year but not as high as before the lockdown.So it won't recover to pre-lockdown level and will continue to drop.So it's higher than before the lockdown? No, that's something else that they started talking about.So It won't recover to pre-lockdown level but won't drop again? Unlike what they said before.</quote>I like how literally every question/point of confusion you had in this post could be answered/resolved if you just read the article as a whole instead of picking out individual points that you think you can use to support the a priori assumption from which you're arguing, while ignoring the context in which those points are being presented.</quote> ... Copied to Clipboard!
wwinterj25 03/13/23 2:43:07 PM #66:	Metalsonic66 posted... Corporate Greed --- One who knows nothing can understand nothing. http://psnprofiles.com/wwinterj <cite>wwinterj25 posted [p:972146375] in Why is inf... [t:80371481]...</cite> <quote>Metalsonic66 posted... </cite><quote>Corporate Greed</quote></quote> ... Copied to Clipboard!
SKARDAVNELNATE 03/13/23 6:12:40 PM #67:	adjl posted... I like how literally every question/point of confusion you had in this post could be answered/resolved Thanks. --- No locked doors, no windows barred. No more things to make my brain seem SKARD. Look at Mr. Technical over here >.> -BTB <cite>SKARDAVNELNATE posted [p:972151082] in Why is inf... [t:80371481]...</cite> <quote>adjl posted... </cite><quote>I like how literally every question/point of confusion you had in this post could be answered/resolved</quote>Thanks.</quote> ... Copied to Clipboard!
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Poll of the Day > Why is inflation so bad right now? (+) Yeah! (+)

Poll of the Day > Why is inflation so bad right now?