lol
lol
Ivermectin Man
Tax receipts down 7.5% despite the booming job market.
I guess the second job as an uber driver doesn't cut it
"I can't fix my life, but I can fix the world" said the socialist
cherry picking is a fun sportOriginally Posted by chop2chip
let's play
employment growth the last six months from the household survey: 2.194 million
employment growth the last six months from the establishment survey: 1.809 million
"I am a victim, I will tell you. I am a victim."
"I am your retribution."
Shrug emoji
Dear Lord, make it stop.
surrender accepted on lenient terms
Last edited by nsacpi; 06-02-2023 at 09:29 AM.
"I am a victim, I will tell you. I am a victim."
"I am your retribution."
Why is it cherry picking?
Is the aggregated numbers you post above here due to the constant downward revisions from the original est survey report?
"I can't fix my life, but I can fix the world" said the socialist
Employment numbers are going to start looking worse and worse as boomers enter retirement. THe next generation isn't big enough to support their exiting the workforce.
But Automation is here and hopefully can stem that tide a bit. What won't work is that boomers still will control the vast majority of wealth, so hopefully we come up with a better system for divesting wealth.
Stockholm, more densely populated than NYC - sturg
Speaking of cherry picking. If I wanted to look at tax revenues to corroborate what might be happening to job growth I would look at tax revenues linked to employment.
Is there such a thing.
Let me think now.
How about payroll taxes.
What a brilliant idea.
Payroll tax revenues first seven months of fiscal year 2023: $971 billion
Payroll tax revenues first seven months of fiscal year 2022: $847 billion
percent change: 9%
Last edited by nsacpi; 06-02-2023 at 09:49 AM.
"I am a victim, I will tell you. I am a victim."
"I am your retribution."
Macroeconomics is one giant bowl of cherries, so a draw in an acceptable truce.
I tried to explain earlier that the establishment survey data for the most part have been revised UPWARD in recent months (last month's report being a notable exception).
And the last rebenchmarking (an annual revision process separate from the monthly revisions) produced significant upward revisions to non-farm payrolls.
"I am a victim, I will tell you. I am a victim."
"I am your retribution."
Boomers are fine. Nsacpi is a good hang imo
Whoa truly shocking nobody could have seen it coming
Color me shocked
Ivermectin Man
My bank account is so grateful to nsacpi for him driving to buy this when he was assuring me it was dead
The inverse nsacpi stock index would be quite lucrative
Lol
Ivermectin Man
Good inflation report
"I can't fix my life, but I can fix the world" said the socialist
What are we at? 13% above 2021?
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