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08-10-2022 | 01:16 PM

#651

Nantonaku

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Joined: Dec 2013

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Likes: 77

Quote:

Originally Posted by OOfff

i listen to a fair number of economics podcasts and they all talk about annual and month-over-month inflation. If you’ve “never ever” heard a discussion of MoM inflation, you haven’t been reading or listening. In fact, monthly inflation numbers are literally page 2 of the monthly BLS press release for inflation

These economic podcasts that you listen to, are they going to say inflation in July was 0%? If so you need to listen to some different podcasts. I just read the BLS release, they list increase/decrease of individual components month over month but nothing close to what you are claiming. Here is the statement they make:

Quote:

The all items index increased 8.5 percent for the 12 months ending July, a smaller figure than the 9.1- percent increase for the period ending June.

I see nothing referring to inflation being 0% or the overall CPI being 0 or inflation being 0% or anything even close to the statement the administration made. I see a "One-month percent change in CPI" which is not what the administration said. You know these statements are hugely mis-leading, not sure why you would defend them.

08-10-2022 | 01:17 PM

#652

sailingfun

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Joined: Feb 2008

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Quote:

Originally Posted by gzsg

Here is your problem Sailing.

You clearly make the case for management’s needs.

Yet when they are making $5 billion a year you don’t want our pensions back or the equivalent 25% DC.

Our needs don’t matter to you.

You’re a water boy and that’s ok. You pay your dues like we all do.

I wanted the method that has clearly worked to put the most money in my pocket and best work rules. What we tried in contract 2019 has failed every single time since at least when I started in this industry. It doesn’t just fail, it fails miserably. When we get a TA please print a copy of the published opener and see how it compares to the TA. Don’t results matter to you or do you prefer pounding your chest but getting zero gains?

08-10-2022 | 01:26 PM

#653

OOfff

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Joined: Sep 2016

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Quote:

Originally Posted by Nantonaku

:

I see nothing referring to inflation being 0% or the overall CPI being 0 or inflation being 0% or anything even close to the statement the administration made. I see a "One-month percent change in CPI" which is not what the administration said. You know these statements are hugely mis-leading, not sure why you would defend them.

You seem really fired up about misunderstanding what was said. I didn’t read the greater statement from the administration, but your quote makes it clear they’re talking about IN JULY, rather than comparing July to last year, which would have been phrased “in the year ending in July”

but a flat MoM number is indeed VERY welcome news, even if you’ve never ever heard of this common metric

08-10-2022 | 06:01 PM

#654

notEnuf

Racketeer

Joined: Mar 2015

Posts: 13,389

Likes: 869

From: N60.4858 W149.9327

Quote:

Originally Posted by Bucking Bar

I am willing to give up OOBWS.

Nooooooooo. Unless we can get global trades on the swap board. I’m willing to give up buddy passses.

08-10-2022 | 06:18 PM

#655

Nantonaku

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Joined: Dec 2013

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Quote:

Originally Posted by OOfff

Okay, core inflation from the previous month was up only up .3%. And the June to July headline inflation was basically 0%. The 8.5% number is largely baked in from previous months, so their messaging is on purpose cherry picked but technically correct. If they want to declare victory they’ll have to wait another 8-10 months until the yearly CPI comes down. I agree, a month with prices remaining flat is a good thing. I don’t agree on their messaging.

08-10-2022 | 10:41 PM

#656

OOfff

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Joined: Sep 2016

Posts: 8,831

Likes: 499

Quote:

Originally Posted by Nantonaku

I’m not sure anyone is “declaring victory,” but noting progress is totally appropriate and reasonable.

08-11-2022 | 03:41 AM

#657

crewdawg

Moderator

Joined: Jul 2006

Posts: 7,524

Likes: 532

Quote:

Originally Posted by notEnuf

I’m willing to give up buddy passses.

Ah yes, hadn't thought of that. OK, I found something I'd actually be willing to give up besides the hat. 🤣

08-11-2022 | 10:37 AM

#658

Trip7

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Joined: Dec 2007

Posts: 6,237

Likes: 285

Quote:

Originally Posted by Bucking Bar

I am willing to give up OOBWS.

I love OOBWS. Live in ATL. Bid Senior in NYC. Get rid of trips. Pick up easy broken-up trips for OOBWS in ATL to fill up. GS in NYC. Normally I wouldn't give away my strategy but I'm senior enough now to not worry hehehe.

PS...you can scalp easy OOBWS outside of the base you live in as well with DH on each end qualifers. My favorite OOBWS last year: DH MSP-ATL. DH ATL-CHS. 10 hr layover. Fly CHS-ATL. DH ATL-MSP. It was glorious