Citing this graph in 2026 is like still believing in Santa Claus
>>539171850You got the updated one?
>>539171850You like shallower angles is that your deal? You don't like how time passes? Or maybe you hate inflation?
>>539172078Updated what? Productivity isn't something you can measure with a single line. We'd need a chart with thousands of different vectors to measure actual productivity changes.In reality, we've become more productive in producing furniture, clothing, speakers, headphones, toys, food, data storage, Uber rides, food delivery, cloud processing, and an array of other goods.We've become less productive at producing medical care, housing, and education. Largely because we cap the number of doctors at the 1990s population rate, we block housing with red tape, and we waste our education budgets on administrators while subsidizing school attendance with grants.Our wages have increased in relation to the goods we have become more productive in producing, and are wages have decreased in relation to the goods we've become less productive in producing
>>539172162This chart paints a much more accurate picture.Any vector below the "hourly wage" line is something we've become richer in relation to, and anything above it is something we've become poor in relation to... on average.
>>539172341Well that explains why i'm rich.I invested in healthcare instead of toys. Huh what do you know?
>>539172341It's totally ridiculous for child care to be so expensive
>>539172341I think the most interesting thing about your chart is the inflection point around 2000.These linear trends tell me that these economic products are being controlled effectively.However, most interestingly college textbooks, food and telephone/connectivity services changed product groups around 2000. Telephones moved from being entertainment to utility/home necessity. Food moved from being home necessity to inflation adjusted upkeep (like wages) And college textbooks moved from being a home necessity to ransom investment.
>>539172341wowie zowies my nintendo switch is cheaper because we have infinity chinks making consumer electronics i guess paying 50% of my income for a mortgage of a starter home isn't so bad after all!
>>539172766I invest in broadmarket indexes But toys going down in price doesn't mean those stocks won't fair better, part of the reason they're down so much is because the production of said toys increased so rapidly via automation and offshoring. Someone who invested in Nvidea is still up 50x compared to someone who invested in United Health.>>539172855Demand for it has increased while the number of childcare workers relative to the population have remained the same, only option for it is to become more expensive.
>>539172855Post tits
>>539172341>Electronics cheaper>Everything else significantly more expensiveOP is retarded
>>539172341yeah they used manufacturing in china to hide inflation
>>539171850>gets paid in monopoly money instead of a valuable commodity>becomes poorIt's a mystery as to why this happened really.
>>539172855its because you cant use illegasl or niggers or jeets in childcare businesses
>>539172244>We've become less productive at producing medical careNo we haven't at all. The entire medical industry is a side grift playing off of the industrial food supply. It doesn't provide medicine or health at all.
>>539171850Why?
>>539172987So you're saying goods get relabelled in a certain way to keep inflation metrics aligned with targets? I can see that. CPI is definitely subjective and can be bullshitted by bureaucrats.>>539172997Ah yes being so wealthy that you can afford to take out a mortgage is so bad. I bet you wish you were poor or middle class.
>>539172341>everything you need>10x>things to distract you from the things you need>.1xYea...hmmm...am I connecting dots? Is my brain working on something?
>>539172341I notice housing isnt on there
>>539173152You're incredibly retarded.>>539173350Scroll down, the third chart provides way more context
>>539173393It's almost like economists were right the whole time, supply and demand are real things.
>>539172244Productivity = output/input you stupid nigger
>>539171850The graph itself is retarded because it only works if you assume the reason for increase productivity is the human element. But really the increase in efficiency is due to investment in capital (same as it ever was).Company buys new widget maker 3000 which makes 20% more widgets and hr... why would the operator deserve a 20% increase in pay?
>>539173578God the American education system is awful. It's a crime what they did to you.
>>539173479Well, yes.But that is pretty surface level and gay analysis.The supply of things you don't need has gone up, while the supply of things you do need, has been artificially restricted in supply and captured by a large scale racketeering operation to command massive prices for those who get to be in the club.t. wife make $400k/y and 90% of the job is catering to the scum of the earth with the bills paid for by the (((government))).
>>539173584Because now labor is more scarce relative to the total outstanding amount of widgets. In your example the operator would get a 20% increase in pay because their purchasing power would increase 20% in regards to widgets
>>539171850>he doesn't believe in Santa ClauseHAHAHAHAHAHAHAHAHAHAHA
>>539173578OK now give me the equation for both output and input you dumb nigger.
>>539173713I mean it isn't. I can just have my widget maker 3000 installed into a Vietnamese factory.
>>539173894Even better, that lowers input costs, that means productivity has increased even more. The relative value of labor compared to widgets is now even higher. A worker can now buy even more widgets for the same amount of labor hours.
>>539172341Why do all the prices go up once we start making something free?
>>539172341>goy tubes and phones got cheaper so things aren't that badKek
>>539174115Wut?>>539174116Things were objectively better economically in 2000, not everyone is a manchild. Some of us actually want to live a good life.
>>539172341> hey goy we know you can no longer acquire a home, retirement, start a business, become self sufficient, or live a good life in anyway but Papa John’s is cheaper relative to your wages so shut up you economic illiterate
>>539172244>Our wages have increased in relation to the goods we have become more productive in producing, and are wages have decreased in relation to the goods we've become less productive in producingSource? PPP is way down so not sure what the fuck you are talking about.
>>539172341> yes banks print credit out of thin air> yes we use your taxes to fund the operation of a central bank that prints your currency into oblivion> yes capital necessarily flows into real assets like real estate and business valuations making investments, starting a business, and owning homes unaffordable> yes all the job and wage gains are going to women, blacks, and immigrants> yes all the jobs otherwise have gone away> yes we’ve flooded your streets with violent turd worlders and street shitters> BUT PAPA JOHN’S IS CHEAP YOU ECONOMIC ILLITERATE
>>539174204Not everyone is a manchild, just because you would rather live in your moms basement and eat cheap food doesn't mean other people don't have ambition.>>539174216I already linked it.
>>539174332Just because you have no desire to leave your moms house doesn't mean other people don't.
>>539174190The federal government spends 2T a year on healthcare, and guarantees that anybody who can fill out a loan application can go to college, how come those things that are basically free are so expensive?
FRACTIONAL RESERVE BANKING>what happened in 1971?FRACTIONAL RESERVE BANKING>what happened in 1971?FRACTIONAL RESERVE BANKING>what happened in 1971?FRACTIONAL RESERVE BANKING>what happened in 1971?
>>539174575Well...not really.Fractional reserve was going on forever.It's the fact that they stopped letting anyone turn in their literal gold claims for gold.Thusly the fractional reserve operation was allowed to run rampant as there was no risk of EVER having to pony up the commodity that was being fractionally reserved.Sorry to quibble friend.
>>539171850>Citing this graph in 2026 is like still believing in Santa Claus
>>539174380You are a retarded shill
>>539172244I'll take "what is an average" for ride on this clown's face, Bob.
>>539171850>Pay me more because this machine does my work nowkek
>>539173002> I'm super rich and successful and post on 4chan!
>>539171850How about this one.Hey look, the trade deficit correlates with reduced US compensation.Weird eh?
>>539174575August 15th?
>>539173996>A worker can now buy even more widgets for the same amount of labor hours.Houses?Cars?
>>539171850Nigger
>>539176767Totally irrelevant to anything>>539176505>CarsYes>HousesNo, because they are being produced at a lower per capita rate, as I explained. We have a housing crisis.>>539176320That's another problem but its still true that our wages in relation to goods will be determined by overall productivity.
>>539176114Lol that's kind of how economics works.>>539175854You're dumb white trash.>>539174698This graph proves my point>>539174486Because you're combining mass demand boost via subsidies with supply constriction via regulationTHey're cutting supply and subsidziing demand
>>539171850>cites graph
