American Economics Thread

manqiangrexue

Brigadier
Americans dislike the education system in general but they like their local school -
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eah, Americans want to say that the system sucks but they pulled out all the stops for their own kids and they feel they did much better than average for their efforts. People self-evaluate higher.
Americans think their state economy is doing well but not the national economy -
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Wow, all 7 states of the US. Cherry-pickers love other cherry-pickers, don't you?
Americans dislike “Congress” but like their own Congress member -
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eah, they voted for him! Just based off of that, you'll get closer to 50% per state but overall is an abysmal <20% because it's mostly people they had no control over so they make an objective assessment. Quite frankly sounds like the US should disband if they dislike each other so much LOL
Yes: healthcare isn’t perfect but medical debt indebtness is a problem which is highly concentrated in a few individuals, it is not widespread.
Oh "a few individuals"? Wouldn't take much to name 'em all, would it since it's just a few guys? Americans and their funny exaggerations. Look at that medical cost go up! You like shit from the 1960's, don't ya? You'll love this one. I'll remind you not to confuse the chart showing rising medical costs with growth in income or gdp because you might die from a bliss-induced aneurysm... or worse, you might survive and have to pay the hospital bill ROFL
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The older workforce growth is made up of college educated white collar workers. Hardly financially distressed individuals -
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I just looked up that article. If you searched for "college," you get nothing. If you searched for "white collar," you get nothing. Good job making shit up as always. If you look to the paragraph that claims that older Americans are more educated than before, you get hotlinked to a chart for Americans over 25 years old. It's making assumptions about the "older" workforce based on data lumping all Americans over 25 together. Oh... and it also shows unemployment rising across all educational levels.
Yeah it’s not inconsistent: the savings rate is has never been 0%, just very close to 0%.
Who. The. Hell. Said 0%? What crevice of your ass did you pull this out of?
3ru9d.jpg

Households save more and spend more because they earn more.
That's called inflation.
But the % of their income that they save is lower because they don’t need to save out of caution.
The chart did savings over income. That's a percent, that is a rate, for the mathematically illiterate person who can't read charts and thought that a 168% increase is less than doubling and an 84% increase means a drop, by the same "logic."
 
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zgx09t

Junior Member
Registered Member
Americans dislike the education system in general but they like their local school -
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Americans think their state economy is doing well but not the national economy -
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Americans dislike “Congress” but like their own Congress member -
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Yes: healthcare isn’t perfect but medical debt indebtness is a problem which is highly concentrated in a few individuals, it is not widespread.

The older workforce growth is made up of college educated white collar workers. Hardly financially distressed individuals -


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Your cringe work here puts Baghdad Bob to shame, Comical Chgough.
 

chgough34

Junior Member
Registered Member
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eah, Americans want to say that the system sucks but they pulled out all the stops for their own kids and they feel they did much better than average for their efforts. People self-evaluate higher.
It is simply impossible for every school to be performing well but the system (which is a collection of schools) do be doing poorly.
Wow, all 7 states of the US. Cherry-pickers love other cherry-pickers, don't you?
It was a poll of swing states. In a country with no internal barriers to trade, investment, or migration: there is simply no plausible mechanism by which the economy can be doing well in 7 geographically diverse and economically heterogenous states but be doing poorly nationally.
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eah, they voted for him! Just based off of that, you'll get closer to 50% per state but overall is an abysmal <20% because it's mostly people they had no control over so they make an objective assessment. Quite frankly sounds like the US should disband if they dislike each other so much LOL
Same thing with schools. It is implausible that every member of Congress is great but Congress (which is 535 individuals) be doing poorly. The electoral explanation is weak since individuals can vote for people they disapprove of - if they disapprove of the opposition member more.
Oh "a few individuals"? Wouldn't take much to name 'em all, would it since it's just a few guys? Americans and their funny exaggerations. Look at that medical cost go up!
Correct. Healthcare costs are concentrated in ~10% of the population (around ~70% of total costs) and its related correlary - Healthcare costs have gone up because of technological advancement and innovation in healthcare that has made more conditions treatable and they also require more intensive treatment: ex., an untreatable chronic disease isn’t billable, biweekly injections of monoclonal antibodies are billable. See -https://www.healthaffairs.org/doi/full/10.1377/hlthaff.2017.1688,
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I just looked up that article. If you searched for "college," you get nothing. If you searched for "white collar," you get nothing.
Today’s older Americans tend to have higher education levels than older workers did in the past. Adults with higher levels of education are
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than adults with less education.”

The nature of jobs has changed. Older workers
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and allow for greater independence and more flexible work schedules. Recent research shows that many occupations, on average, have
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since 1990. Among the most age-friendly jobs are guide, insurance salesperson, proofreader and financial manager”
Good job making shit up as always. If you look to the paragraph that claims that older Americans are more educated than before, you get hotlinked to a chart for Americans over 25 years old.
They also cite their own analysis of the Current Population Survey where college educated workers are overrepresented among older works.
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Oh... and it also shows unemployment rising across all educational levels.
It’s been between 3-4% for 2+ years now.
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Who. The. Hell. Said 0%? What crevice of your ass did you pull this out of?
If savings rates aren’t 0, you would expect households to have positive liquidity, and alas, they do.
That's called inflation.
And real income growth
The chart did savings over income.
It charged the total amount of savings households had. Not their savings rate. Improvements in economic conditions lead to lower savings rates and more savings - individuals have more income and less uncertainty about the future. And indeed, households are more liquid than they’ve ever been with the personal savings rate at an all time low of 3%
 

Heresy

New Member
Registered Member
Your cringe work here puts Baghdad Bob to shame, Comical Chgough.
As I've repeatedly stated previously, it's quite likely this guy is just another SleepyStudent alt.
Why the mods haven't banned him when there's a very explicit SleepyStudent rule on this forum, and that at this point, it is more than apparent that his behavior exactly lines up with SleepStudent is beyond me.
 

manqiangrexue

Brigadier
It is simply impossible for every school to be performing well but the system (which is a collection of schools) do be doing poorly.
But it is possible for you to completely miss the point due to poor reading comprehension. I said higher self-evaluation for parental choices, not that these particular schools are doing well.
It was a poll of swing states. In a country with no internal barriers to trade, investment, or migration: there is simply no plausible mechanism by which the economy can be doing well in 7 geographically diverse and economically heterogenous states but be doing poorly nationally.
There are only 7 swing states in the US? I never heard of that. How did he define a swing state and what is his inclusion criteria? 7 states out of 50, no other way to label it.
Same thing with schools. It is implausible that every member of Congress is great but Congress (which is 535 individuals) be doing poorly. The electoral explanation is weak since individuals can vote for people they disapprove of - if they disapprove of the opposition member more.
Same with what I first wrote. You failed to understand the sentence. Each state chooses its own senator, so the support should be near 50% because people typically support whom they voted for. But they don't vote for any other senators from other states so they can evaluate those people without self-evaluation bias.
Given your track record, you don't call what's correct and incorrect.
Healthcare costs are concentrated in ~10% of the population (around ~70% of total costs) and its related correlary - Healthcare costs have gone up because of technological advancement and innovation in healthcare that has made more conditions treatable and they also require more intensive treatment: ex., an untreatable chronic disease isn’t billable, biweekly injections of monoclonal antibodies are billable. See -https://www.healthaffairs.org/doi/full/10.1377/hlthaff.2017.1688,
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0% is called a few select individuals??? LOLOL American mental gymnastics will probably let you define anything under 50% as that, huh? You should work for Boeing. 10% crashes and that's just an insignificant few select individual planes LOL
Today’s older Americans tend to have higher education levels than older workers did in the past. Adults with higher levels of education are
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than adults with less education.”

The nature of jobs has changed. Older workers
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and allow for greater independence and more flexible work schedules. Recent research shows that many occupations, on average, have
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since 1990. Among the most age-friendly jobs are guide, insurance salesperson, proofreader and financial manager”

They also cite their own analysis of the Current Population Survey where college educated workers are overrepresented among older works.
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nce again, you said white collar, college-educated. Where does it say that in the article. I have no doubt that Americans in general have to be more educated than they were in 1960 because it would require a national collapse for that not to be true.
It’s been between 3-4% for 2+ years now.
It's going up in your chart, that's what I said.
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And that is what it looks like. A steady increase since the end of the COVID spike.
If savings rates aren’t 0, you would expect households to have positive liquidity, and alas, they do.
Who said 0??? Where the hell are you imagining this number as a response to you arguing with yourself regarding the savings rate and an indicator of the economy?
And real income growth
Oh right right right, the all impressive total-3.7%-over-the-last-18-years graph we saw. Can't forget about that. You need me to bring it back up or do you remember?
It charged the total amount of savings households had. Not their savings rate.
It says savings "equal to 5 weeks of income, the highest on record." That is a percentage, not a total volume.
Improvements in economic conditions lead to lower savings rates and more savings - individuals have more income and less uncertainty about the future.
That's one way to imagine it. Or one could say that money's tight so that nothing is left to save after all the expenses. I know what the American politician answer would swear it is.
And indeed, households are more liquid than they’ve ever been with the personal savings rate at an all time low of 3%
You sure that's an all time low? You sure you're not proving your mathematical illiteracy and inability to read charts again? If you're sure, go back to this which you provided and see what the rates were between 2005 and 2007. Get ready to make more American excuses for why 3 can be lower than 1.4 and how that doesn't make you wrong or stupid again. I want this excuse to be really good and I should be able to laugh for a while on it. Gotta make Clinton's definition-of-"is" speech proud, y'hear?
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TK3600

Major
Registered Member
As I've repeatedly stated previously, it's quite likely this guy is just another SleepyStudent alt.
Why the mods haven't banned him when there's a very explicit SleepyStudent rule on this forum, and that at this point, it is more than apparent that his behavior exactly lines up with SleepStudent is beyond me.
Entirely likely he is not identical but of similar characteristic though.
 

FriedButter

Colonel
Registered Member
Nah: this is just a case of “big number bad” survey tendencies in responses. 73% of Americans are satisfied with the cost of their own expenses

No. I think you better read the article and the survey results again.

What you claim.
73% of Americans are satisfied with the COST of their own expenses

What it actually says.
Americans’ 72% positive rating of own healthcare QUALITY also a new low

The actual satisfaction of healthcare costs as per your own link.
Are you generally satisfied or dissatisfied with the total cost you pay for your healthcare?
Satisfied - 56%
Dissatisfied - 43%
No Opinion - 1%
Are you generally satisfied or dissatisfied with the total cost of healthcare in this country?
Satisfied - 24%
Dissatisfied - 76%
No Opinion - 1%
 
It charged the total amount of savings households had. Not their savings rate. Improvements in economic conditions lead to lower savings rates and more savings - individuals have more income and less uncertainty about the future. And indeed, households are more liquid than they’ve ever been with the personal savings rate at an all time low of 3%

Anyone living in the US can tell you that, when compared to say 2019, they are making a little bit more, saving less, spending much more, and actually buying less.

The picture that you are trying to paint is completely inconsistent with those of us that actually live in the US. The reality is people are spending MUCH MORE on things they HAVE TO spend on, and buying MUCH LESS of things they would like to buy. Housing, utilities, insurance, food, household necessities all cost significantly more now. "Official," statistics on metrics like real wages, inflation, are completely meaningless. The only statistics that matter to people here are there own finances over the past few years.
 
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