demorats gonna demorat
- Thread starter rmdelta1
- Start date
Well thank you for carrying that burden for the people starting off in life that you are so concerned about.
Help me out.
It is in your training wheelhouse.
How have the changes in calculations moved the inflation numbers?
Up or down?
No I don't, Dan. Maybe I am being to gracious in assuming you know what inflation adjusted means.
You want to know the savings rate?
Didn't you just say that you raised your prices 25%?
You should ask your source that doesn't know the difference between CPI and core CPI I bet they have quite the tale to tell you.
How have the changes in how inflation is calculated changed the numbers?
Up or down?
You can just use the changes made since Biden took office.
Up or down?
You can make light of it if you wish but if you are truly a person that cares about the country and the population, like Democrats say you do, you would be concerned. So much for that false narrative.
Headhunter might smoke, joke and take dope, but he don't play games.
Fox Business told me this AM SOME people in the last 3 months are finally getting pay raises to keep up with Biden's inflationary tsunami. SOME people. Most of middle America are losing out.
Here all are all the changes under Brandon, hard to say the net effect:
Health insurance retained earnings source changes (posted April 28, 2021)
Starting with April 2021 data, the health insurance index will stop using data from a national nonprofit health insurance carrier as part of its retained earnings calculation. Instead, the retained earnings will be calculated using data from the National Association of Insurance Commissioners (NAIC) and the California Department of Managed Healthcare only.Changes to gasoline source data (updated July 13, 2021)
With the release of June 2021 data, the CPI replaced the data collected by the BLS in the gasoline (all types) index with data from a secondary source. In addition, special relative series and an average price for each type of gasoline are calculated and published monthly using this dataset.Additional information is available on the Secondary source data for gasoline webpage. Research and the methodology leading to this data source replacement are described in detail in this conference paper: A Nontraditional Data Approach to the CPI Gasoline Index.
Physicians’ services imputation changes (updated June 17, 2021)
Upon further evaluation, we will not implement this change.Starting with April 2021 data, the physicians’ services index will begin imputing missing prices by payer type in addition to the existing geography imputation. Quotes with a missing price will first attempt to impute off of prices of the same payer type in the same primary sampling unit (PSU), which will improve imputation accuracy when payer types experience different rates of inflation. The Measuring Price Change in the CPI: Medical care factsheet will be updated once this change takes effect.
Owner’s Equivalent Rent (OER) Unit Weight Refinement (posted September 2, 2022)
Beginning with January 2023 data, BLS plans to adjust the weighting method for Owner’s Equivalent Rent (OER) in the CPI. The new method will use neighborhood level information on housing structure types to weight OER’s unit sample observations. BLS will continue to sample and weight housing units to be geographically representative. In some neighborhoods, detached houses are underrepresented in survey responses so additional unit weight will be given to underrepresented detached houses in the OER index sample. For more information on adjusting housing weights for structure types, see the research article “Location, Location, Structure Type: Rent Divergence within Neighborhoods.”January 2023 CPI weight update (posted May 24, 2022)
Starting with January 2023 data, the BLS plans to update weights annually for the Consumer Price Index based on a single calendar year of data, using consumer expenditure data from 2021. This reflects a change from prior practice of updating weights biennially using two years of expenditure data.Changes to new vehicles source data and methodology (posted January 13, 2022)
With the release of April 2022 data in May 2022, the CPI program plans to replace the data collected by the BLS for the new vehicles index with transaction data from J.D. Power. This index will continue to include prices for cars and trucks, but will no longer include motorcycle prices. Two special relative series that are currently published, new cars and new trucks, will also now be based on J.D. Power data. Publication of the combined new cars and trucks series will be discontinued at the same time. The full list of discontinued series is available online.Seasonally adjusted indexes and calculated seasonal adjustment factors will continue to use BLS collected data, and will not take the new data source or methodology into account until the year 2023. Revised indexes and seasonal factors are available at Seasonal Adjustment in the CPI.
The Measuring Price Change in the CPI: Research new vehicle methodology factsheet is planned to be updated once this change takes effect. Research and the methodology leading to these changes are described in detail in a working paper: “A New Vehicles Transaction Price Index: Offsetting the Effects of Price Discrimination and Product Cycle Bias with a Year-Over-Year Index.”
Changes to new vehicles methodology (posted March 8, 2023)
With the release of February 2023 data in March, the CPI for new vehicles will modify model changeover processing so that model year changeovers designated as ‘non-comparable’ will be excluded from the year-over-year calculation.Changes to new vehicles methodology (posted January 4, 2023)
With the release of January 2023 in February, the CPI for new vehicles will introduce a methodology improvement to the time series filter that estimates the most recent cyclical trend and short term fluctuations. The new vehicles factsheet will also be updated at that time.Owner’s Equivalent Rent (OER) Unit Weight Refinement (posted September 2, 2022)
Beginning with January 2023 data, BLS plans to adjust the weighting method for Owner’s Equivalent Rent (OER) in the CPI. The new method will use neighborhood level information on housing structure types to weight OER’s unit sample observations. BLS will continue to sample and weight housing units to be geographically representative. In some neighborhoods, detached houses are underrepresented in survey responses so additional unit weight will be given to underrepresented detached houses in the OER index sample. For more information on adjusting housing weights for structure types, see the research article “Location, Location, Structure Type: Rent Divergence within Neighborhoods.”I am absolutely concerned about making sure people starting out as you say pay less taxes than on old person like you.
Yeah, any you disagree with?
You tell me. Looking at that list I would say it is an immaterial amount, and it could be in either direction.
Want the changes from the Trump years too?
I am now stuck with Mugabecare Lite. "The Affordable Care Act." Ho! Ho! Ho! Now we have Kasavubu attacking a former leader at Mar-A-Lago. Welcome to New Democratic Republic of Congo.
You're a gottdam genius and should be executive director of Robert L. Peter's reelection committee, handing your above narrative to grocery store shoppers as they're loading up their purchases in the parking lot. I'm tellin' ya, you should've gone in to politics.
Don’t care.
It would probably be educational to show both.
Seeing as we’re only talking about a percent or two totally changing peoples opinion.
Used cars and trucks (posted November 21, 2017)
With January 2018 data, the Consumer Price Index for used cars and trucks has changed from a three-month moving average to a single month price change. This modification will result in an index that reflects price change closer to the reference period. Additional information on the process is available at Measuring Price Change in the CPI: Used cars and trucks.Health insurance (posted November 23, 2018)
With the release of September 2018 data, CPI began using new sources to calculate the retained earnings ratio used to compute the commercial insurance portion of the health insurance index. The new sources are the National Association of Insurance Commissioners (NAIC) and the California Department of Managed Health Care (DMHC). Previously, the CPI used data from A.M. Best, a private source that provides information about and data related to the insurance industry.Average prices (posted February 14, 2018)
With April 2018 data, BLS discontinued publication of 33 average price series and introduced 5 new average price series. See tables below for details.Physicians' services (updated May 10, 2018)
With the release of April 2018 data, CPI began using the Medical Expenditure Panel Survey produced by the Agency for Healthcare Research and Quality to adjust the weights of payer types included in the physicians’ services index. The resulting index better reflects current market weights by increasing the share of payments covered by private insurance relative to payments made by uninsured people and payments covered by Medicare Part B. Additional information on this process is available at Measuring Price Change in the CPI: Medical careSmartphones (posted March 7, 2018)
With April 2018 data, directed substitution is employed for smartphones in order to bring the CPI sample of smartphones more in line with what consumers are purchasing. Directed substitution is based on statistics on how often consumers upgrade their smartphones and takes place approximately twice a year to coincide with new hardware releases from manufacturers.Smartphones (posted January 2, 2018)
With January 2018 data, smartphones, which are part of the telephone hardware, calculators, and other consumer information items index, are quality adjusted to account for the rapid rate of technological advancements and improved quality to customers. Additional information on the process is available at Measuring Price Change in the CPI: Telephone hardware, calculators, and other consumer information items.Table 1. Discontinued average price series.
| Item code | Item label | Last publication date |
|---|---|---|
| 702611 | Salted soda crackers | October 2000 |
| 703312 | USDA round roast | July 2014 |
| 703431 | USDA short ribs, bone-in | May 2011 |
| 703612 | USDA sirloin steak (1) | June 2017 |
| 704321 | Canned ham, pear shaped can, 3-5 lbs. | November 1992 |
| 704413 | Pork shoulder picnic, bone-in | December 1997 |
| 704421 | Fresh pork sausage, breakfast style, loose | September 2002 |
| 705141 | Beef liver | January 2000 |
| 705142 | USDA lamb and mutton, bone-in | January 1994 |
| 709111 | Whole fortified milk, sold at store, per half-gallon | December 1997 |
| 709212 | Low-fat milk, sold at store, per half-gallon | September 1992 |
| 709213 | Low-fat milk, sold at store, per gallon | October 2002 |
| 710111 | Butter, creamy, salted, grade AA, stick, sold at store | April 2012 |
| 710122 | Natural yogurt, fruit flavored, sold at store, per 8 oz. | March 2003 |
| 711312 | Oranges, Valencia | August 2013 |
| 712401 | Cabbage | October 2012 |
| 712402 | Celery, excluding celery hearts | October 2012 |
| 712403 | Carrots, short trimmed or topped | March 2014 |
| 712404 | Dried onions, yellow varieties | March 2014 |
| 712405 | Green onions (scallions) | January 2000 |
| 712407 | Corn on the cob | June 1988 |
| 712408 | Radishes | June 1988 |
| 712409 | Cucumbers | April 2000 |
| 712410 | Green snap beans | January 2000 |
| 712411 | Mushrooms | January 2000 |
| 713311 | Apple sauce | December 1997 |
| 713312 | Canned peaches | December 1997 |
| 714111 | Frozen French fried potatoes | December 2004 |
| 714232 | Canned tomatoes | December 1997 |
| 716114 | Margarine, stick | May 2014 |
| 717113 | Cola drinks, except diet, cans, 10-13.5 oz., 6 pack | February 1992 |
| 717327 | Coffee, instant plain, regular, all sizes, per lb. | September 2003 |
| 717114 | Cola, nondiet, per 2 liters | January 2000 |
| Footnotes: (1) This series was not published October 2013 through May 2017. |
| Item code | Item label |
|---|---|
| FN1101 | All soft drinks, 2 liter |
| FN1102 | All soft drinks, 12 ounce, 12 pack |
| FJ1101 | Milk, low-fat, reduced fat, skim, gallon container |
| FJ4101 | Yogurt, per 8 ounce |
| FS1101 | Butter, in sticks, per pound |
Changes to the CPI establishment frame (posted May 6, 2019)
Starting in October 2019, the CPI Program plans to end the Telephone Point-of-Purchase Survey (TPOPS) and to obtain its retail establishment frame from the same household survey used to obtain the expenditure weights needed to calculate the index. This change to the Consumer Expenditure Surveys (CE) information will eliminate redundancies and inefficiencies in survey operations, and will result in lower household burden. The CE-Diary will be used as the source for most food and food away from home outlets, while the CE-Interview will be used for the bulk of CPI’s outlet frames. CPI plans to refine the location and address data reported in the CE by comparing the household reported data to establishments in the Quarterly Census of Employment and Wages business registry.Reduced sample rotation for select items (posted March 1, 2019)
Beginning with February 2019 sample selections, CPI implemented an adjustment in sample rotation methodology for the electricity, utility (piped) gas service, and hospital services indexes. The sample rotation for each of these items previously followed the standard 4-year cycle, whereby every area would have the sample refreshed every 4 years. The new sample rotation for each of these items now follows an extended cycle of every 8 years, whereby all areas will have their sample selected over 4 years, then the sample will remain in effect for 4 years, before rotating again. An article describing this change and reasoning is scheduled to be released in the summer of 2019.Telecommunications services (updated January 15, 2019)
With the release of January 2019 data, standalone and bundled packages of residential telecommunications services, which comprise the indexes for land-line telephone services, internet services and electronic information providers, and cable and satellite television service, are quality adjusted to account for the rapid technological change in these services. Additional information on this process is available at Measuring Price Change in the CPI: Telecommunications servicesIt doesn't take a genius to notice that the sky isn't actually falling.
Why not? What makes my price increase different from everybody else's? My price increase reflect my cost increase. Shouldn't a worker's pay also reflect the price/cost increases? My trash collection has more than doubled. Insurance rates are close to 25% higher, and I have never used it. A $25K cargo van now costs $40K. Are you of the opinion that working class/middle class pay has kept up? If you do have that opinion I can tell you that you are mistaken. Why should a working class person who could aford my product two-three years ago not reasonably expect to be able to afford it after Bidenomics has gone into effect? Is it unreasonable for him to be upset that he can no longer afford middle class products that he could afford pre-Biden? I don't think you realize how elitist and unself aware you are being.
You're a living example of the populace in the movie "Don't Look Up" in the world of economics.
Ok so what would the inflation number be for Biden using Trumps formula?
Not to worry the policies you support have insured young people will be paying less taxes. Unfortunately those same young people will have a much harder time becoming tax paying old people thanks to the policies you support. Good job creating another group of people under the government's thumb.
I'm sure the guy who winces when he realizes he can't afford the same product his friend, who makes the same thing he makes, bought a couple of years ago finds great solace in the mathmatecal formulas economists use to provide "science" for politicians like Biden to hide behind as they destroy his plans.
It doesn’t need to move the needle much to have a huge impact on the message.
Or your argument.
Since you won’t plug the numbers in I’m inclined to not believe you.
That isn't a good thing. The policies you support insure they will never make enough money to become tax payers.
Of course you don't buy it. You live in your own bubble completely oblivious to the plight of others. Like all Democrats you only wake up when you are personally effected.
Its me the guy who winces with vacuum envy
Dan why don't you help out this poor soul drop your prices a little so that he doesn't have to live in such shame
I think a better description of you would be the "guy who sneers with elitist snobbery."
Get out of your bubble and talk to real people and you might catch a clue.
If the answer would’ve supported your argument we’d’ve seen the numbers.
Which real person should I talk to learn about how " The policies [ I ] support insure they will never make enough money to become tax payers."
Dan sorry for the vacuum ribbing, because we are friends and I'm sorry for disappointing you so much lately I'll give you this thousands of dollars worth of consulting for free:
Don't pass along increases in your fixed cost. Pass along the increases in your variable costs.
Pass on:
Direct labor, Materials, Maybe trash collection if it is by the pound
Don't pass on:
Indirect labor, Investments in vans, insurance
If you pass on fixed costs, your prices will rise too much, your volumes will go down, and your fixed cost per product will end up going higher.
Whole lot of people disagree with your opinion of how great the economy is, maybe you should ask them. Better yet tell them how stupid they are for disagreeing with you.
