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Old 01-02-2018, 10:27 AM
 
Location: Kansas City, MISSOURI
20,858 posts, read 9,518,220 times
Reputation: 15573

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Quote:
Originally Posted by James Bond 007 View Post
^
As I said in post #1, the data I showed was for a full year. You are showing just one quarter. There is going to be a lot more random noise over a 1-quarter interval than a full-year interval.
To drive home my point about 1-quarter noise, here are a couple of other recent 1-quarter GDP growth rates.

Here is Q4 2016, just 1 quarter before Toyman's map.


Source: https://www.bea.gov/newsreleases/reg...7/qgsp0517.htm

And two quarters before that:


Source: https://www.bea.gov/newsreleases/reg...6/qgsp1216.htm

Notice Kansas, for example, is doing poorly in one quarter while doing just fine 2 quarters earlier. Same goes for a lot of other states. So anybody can cherry pick whatever quarter looks best for them to try to make a point.

The only decent way to look at this is for a full year, at least.
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Old 01-02-2018, 10:29 AM
 
Location: Kansas City, MISSOURI
20,858 posts, read 9,518,220 times
Reputation: 15573
And then, once again, from the last full year we have, here is the full year for 2016:

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Old 01-02-2018, 10:29 AM
 
Location: Del Rio, TN
39,856 posts, read 26,482,831 times
Reputation: 25749
Quote:
Originally Posted by James Bond 007 View Post
To drive home my point about 1-quarter noise, here are a couple of other recent 1-quarter GDP growth rates.

Here is Q4 2016, just 1 quarter before Toyman's map.


Source: https://www.bea.gov/newsreleases/reg...7/qgsp0517.htm

And two quarters before that:


Source: https://www.bea.gov/newsreleases/reg...6/qgsp1216.htm

Notice Kansas, for example, is doing poorly in one quarter while doing just fine 2 quarters earlier. Same goes for a lot of other states. So anybody can cherry pick whatever quarter looks best for them to try to make a point.

The only decent way to look at this is for a full year, at least.
True-I picked the most recent one for which I could find data. It will be interesting to see what the entire year of 2017 brings.
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Old 01-02-2018, 10:32 AM
 
Location: Kansas City, MISSOURI
20,858 posts, read 9,518,220 times
Reputation: 15573
Quote:
Originally Posted by Toyman at Jewel Lake View Post
True-I picked the most recent one for which I could find data. It will be interesting to see what the entire year of 2017 brings.
Agreed.
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Old 01-02-2018, 10:33 AM
 
Location: Florida
77,005 posts, read 47,597,802 times
Reputation: 14806
Quote:
Originally Posted by RMESMH View Post
Nothing is keeping those people from writing a check to the treasury/paying more. They want a change in policy that will cause others to pay more.
Lets now play stupid. Of course their support for the Dem agenda means they support the idea of funding education and healthcare with tax money. Few individuals could not fund a nation of 320 million no matter how much they wanted to.

Quote:
Warren Buffet doesn't pay less in income taxes than his secretary, he pays a lower rate/percentage of his income than his secretary does.
Yes, obviously he is referring to the rate.
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Old 01-02-2018, 10:39 AM
 
14,221 posts, read 6,955,379 times
Reputation: 6059
Quote:
Originally Posted by PedroMartinez View Post
Ok, you did criticize an article he wrote that you didn’t agree with, which,IMO, is quite different than calling out one of the many ultra elite Democrat liberals.
Really? So calling Bezos' Washington post his own personal blog he uses to promote the ruling donor class which he is a part of is not to call him out? You are clutching at straws. Just admit you were wrong and move on. You have a beef with Wall Street democrats obviously and think everyone to the left of you is a fan of Wall Street democrats.
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Old 01-02-2018, 10:48 AM
 
9,837 posts, read 4,632,444 times
Reputation: 7292
Quote:
Originally Posted by BentBow View Post
Sounds just like California these days. Skid Row grows everyday.
naw you just hate libs and hate CA and make up bs about liberals, liberal cities and liberal states.



but stop and think about what you are writing. In this thread you are claiming Cali is like the old slave states. but any fool can google H2A visas and min wages you find that CA it is about 11.50 and in WA it is about 12.50... and Texas??? What is your listed home state's min wage for visa workers Bentbow?

Hmm? do you even know ? will you even admit it? or will you make up excuses and deflect ...?
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Old 01-02-2018, 10:50 AM
 
9,837 posts, read 4,632,444 times
Reputation: 7292
Quote:
Originally Posted by Toyman at Jewel Lake View Post
True-I picked the most recent one for which I could find data. It will be interesting to see what the entire year of 2017 brings.
naw you got busted is what happened.
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Old 01-02-2018, 11:02 AM
 
51,651 posts, read 25,790,245 times
Reputation: 37884
What's with Texas?

0.4 and -0.8?

I thought the Texas economy was going great guns.
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Old 01-02-2018, 12:37 PM
 
26,464 posts, read 15,053,236 times
Reputation: 14615
What is interesting is that California's GDP per capita adjusted for cost of living is actually in the bottom half of the US.

California's higher inflation with housing and other things help spur the nominal GDP numbers higher.

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