Economics Thread

sturg33 said:
The truflation data clearly shows inflation well reduced starting in 2023 and well stabilized with continuing declines by the time Trump took office.

A major blow to the narrative that Trump was the solution
Click to expand...
And a major boon to the Nature over Nurture argument for the US economy.
 
thethe said:
And its showing an even more drastic decrease with Trump in office despite highest tariff rates in 80 years.

So prices are effectively flat but we are taking in record amounts of tariff revenue.
Click to expand...
Imagine what our businesses could do if they weren't paying record taxes to the federal government
 
thethe said:
And its showing an even more drastic decrease with Trump in office despite highest tariff rates in 80 years.

So prices are effectively flat but we are taking in record amounts of tariff revenue.
Click to expand...
I’m not sure how you can see both these things and not arrive at the conclusion that maybe the metric is the problem.
 
mqt said:
Maybe the problem with how Dems handled the economy in 2024 and how Trump is handling it now isn’t partisan lying, it’s just that Truflation is the real story and we’re all just idiots for thinking things are more expensive!
Click to expand...
Its the high growth - Its the real wage increases.

Its lower prices at the pump and at the grocery for many items (other than beef sadly)
 
mqt said:
Tell that to my most recent utility, fuel and grocery receipts. Just filled up at $3.00 a gallon again.
Click to expand...
Utility prices are being solved and thats primarily driven by data centers across the country. 100% absolutely this needs to be address and as usual Trump and team are being proacive about this.

Gas prices are doing great compared to autopen. Some noise right now because of Iran. Once the heavy crude from Venezuela starts it will plummet more.
 
mqt said:
Did you happen to read the Reddit post before disparaging it? The YoY component isn’t the issue, it’s the methodology behind tracking them.
Click to expand...
I read it and stated that I can't discount what htey are saying. Hopefully Truflation comes out with more detailed papers on these issues.
 
I have no problem with the concept or implementation of Truflation. Seems like a cool idea.

It’s clearly an apples to oranges comparison to CPI and maybe that’s a good thing, but you’re going to need to reset your baseline of what’s a good number.
 
chop2chip said:
I have no problem with the concept or implementation of Truflation. Seems like a cool idea.

It’s clearly an apples to oranges comparison to CPI and maybe that’s a good thing, but you’re going to need to reset your baseline of what’s a good number.
Click to expand...
To me it eliminates all noise.

I bought product A for X dollars this time last year and it cost Y dollars this year.
 
chop2chip said:
Nope that one is on AI. You can’t buy RAM at the moment and it’s in everything.
Click to expand...

Its going to disrupt literally every aspect of life.

You know I'm in the corner of 100X productivity while reducing total labor costs to produce which will lead to solving all financial crisis we are currently facing.
 
The real argument that people should be making is that Trump shouldn't get credit for being the right president at the right time with the AI/Robotic boom.

The counter is that Trump and team have fully embraced the future and are putting a massive accelerant on it and FORCING (yes FORCING) companies to build the infrastructure in the US.
 
thethe said:
The real argument that people should be making is that Trump shouldn't get credit for being the right president at the right time with the AI/Robotic boom.

The counter is that Trump and team have fully embraced the future and are putting a massive accelerant on it and FORCING (yes FORCING) companies to build the infrastructure in the US.
Click to expand...
His AI policies are significantly better than Joe’s
 
You must log in or register to reply here.
Back
Top