BuffaloWeather

Busy at work but standard rate of inflation through history is 3% per year, so 11% since 1980 is terrible... unless you mean 11% per year? Which is also incorrect. But that would be awesome.

If you're stating there is a direct relationship between rising salaries and prices going up on products I agree. But to what degree would the prices go up vs the increase in someones salary? For instance, if someone who makes 30k a year gets a salary increase to 50k a year post tax that is about a 14k increase in salary. An increase in a grocery bill of $100 per month would still make them be far more comfortable then if they stayed at 30k a year. https://www.stlouisfed.org/on-the-economy/2015/november/relationship-between-wage-growth-inflation

So you're saying we have more purchasing power vs salaries then we do in the past? That is simply incorrect. https://www.officialdata.org/us/inflation/1799

DOW back to around 24k...makes no sense. Should be sub 20k

Snow started here around 2 PM.

The CPI index goes up and up all the while salaries are stagnant. You cannot use oil as that is tied to futures.

I mean he just made Vince Mcmahon as an adviser in bringing back the economy. The same guy who just bankrupt the XFL. Come on now...

I take that back. It wasn't Bush or Clinton it was the banks that were to blame. Lending standards have changed for the better. Underwriting is very detailed and extensive. However, a year ago I heard of online lenders giving money out to people based on credit scores and very little to no income validation. https://publicintegrity.org/inequality-poverty-opportunity/the-roots-of-the-financial-crisis-who-is-to-blame/

The bolded still validates the point though, they have at least one immigrant co-founder. Most businesses are founded as LLC, S corps, or partnerships. You don't see a billion dollar sole prop. So the point stands. Throughout history democratic regimes lead to a better market. It states, "Another way to look at it to consider what the president had to deal with during his term. A president will have better growth if he had no recession. That's one reason why the Democrats did slightly better. Presidents Johnson, Jimmy Carter, and Clinton didn't have recessions. The only Republican president who can say that is Trump. All other presidents had to contend with the worst recessions in U.S. history." Obama inherited one of the worst financial disaster in history and did a fantastic job recovering. Bush is to blame for the 2000s lending disaster. If you worked in finance/banking you knew what freedom to businesses did with relaxed underwriting methods in the 2000s would come back to haunt them. Banks were giving out 500k mortgages to people making 50k a year. I understand giving businesses freedom, but sometimes they take advantage of those for their own personal benefit. Personally trumps tax cuts have saved me thousands a year. If I get health insurance through my employer, I'm fine with Trump. But I went through many difficult times in my life in which I needed help and it wasn't there. I have to think about others going through those times. I'm so sick of the 1% seeing exponential growth income all the while the middle and poor class are becoming poorer and poorer with each passing year. Trump keeps passing laws to help the rich get richer. It needs to end, even if it doesn't help me.

If this was hitting at night we would be looking at a regionwide 2-6"

It was doing well, but history shows it does better under a democratic regime. Stats don't lie my friend. =) These stats also don't include the virus, but I wouldn't include it in this dataset anyways. https://www.thebalance.com/democrats-vs-republicans-which-is-better-for-the-economy-4771839

When the republicans realize trickle down economics doesn’t work is when they will have finally got it right.

Mark polancarz says upstate is 2-3 weeks behind New York City. If anything we are opening up later.

That total isn't showing up here. https://www.worldometers.info/coronavirus/

China likely had hundreds of thousands die. Drop in the bucket for a country with 2 billion people. They are already trying to do population control, this just helped it.

Germany winning again. They got universal health care, workers rights, great retirement/wages, and beat the coronavirus over anyone else. I think they get 42 vacation days a year too. I think I have a little German in me, I wonder if they will take me over there.

It only mentions 3 phases, but "stage 4" would be a vaccine.

Have to get to phase 2 for non essential travel to resume.

Phase one says gyms can reopen if they follow strict social distancing guidelines...How is that even possible?

The prerequisite to get to the first stage is a gradual 2 week decline in cases, hospitalizations, and deaths.

Trump plans on opening the country back up in 3 phases. All documented here. Some states will be able to open up as soon as next week. https://www.documentcloud.org/documents/6840741-White-House-Guidelines-for-Opening-Up-America.html

I mean a wegmans employee in Hamburg just got diagnosed with the virus. I'm sure she touched loads of food there. It's going to be tough to dodge it. I'm under the impression most of these restaurants have things in place to prevent that happening. The few restaurants I've gone too have 1-2 employees working in comparison to grocery stores with tons of people. My wife is laid off so she has been cooking quite a bit. But I do enjoy my meals at some local restaurants, especially Lucias. There is no way I can cook better than that chef does.

I love it. I place an order and it’s there within 30 mins. They waive the delivery fee too. I also like supporting local small businesses as I’m still working during this time.

Crazy