Arugments and Sensitivity Training Regarding POLITICS

Re: Arugments and Sensitivity Training Regarding POLITICS

Postby Werthless » Fri May 03, 2013 12:01:00

TenuredVulture wrote:
td11 wrote:also i thought my "10 trillion" would really give away the fact that i was being sarcastic and tacitly conceding that i understand it's still not a "great" jobs report

i will say that i appreciate conservatives harping on all the negatives of these monthly reports because it has forced me to read about the difference between the 10 trillion different unemployment rate calculations



Don't worry. The Republicans are going to pass a law that will stop the government from collecting and disseminating this information. Because ignorance is fun.

Because the only way to acquire accurate information is for the government to collect it.

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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby Wolfgang622 » Fri May 03, 2013 12:14:41

Werthless wrote:
TenuredVulture wrote:
td11 wrote:also i thought my "10 trillion" would really give away the fact that i was being sarcastic and tacitly conceding that i understand it's still not a "great" jobs report

i will say that i appreciate conservatives harping on all the negatives of these monthly reports because it has forced me to read about the difference between the 10 trillion different unemployment rate calculations



Don't worry. The Republicans are going to pass a law that will stop the government from collecting and disseminating this information. Because ignorance is fun.

Because the only way to acquire accurate information is for the government to collect it.


No, but should the government, which arguably has the best access, be specifically forbidden from collecting it?
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby TenuredVulture » Fri May 03, 2013 12:27:33

To find the headline, in really big letters, go to http://www.huffingtonpost.com
It's right at the top.

Also, it comes with this cheery picture:

Image

Also, if the government doesn't collect the data and give it out for free, who will? I mean I guess we could use a model like Standard and Poor rates creditworthiness, because that works really well. Or the way they set LIBOR. That's a good model too. Maybe we could just subcontract it all to paddypower.
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby Werthless » Fri May 03, 2013 12:36:20

TenuredVulture wrote:To find the headline, in really big letters, go to http://www.huffingtonpost.com
It's right at the top.

Also, it comes with this cheery picture:

LOL, I'm glad I asked.


Also, if the government doesn't collect the data and give it out for free, who will? I mean I guess we could use a model like Standard and Poor rates creditworthiness, because that works really well. Or the way they set LIBOR. That's a good model too. Maybe we could just subcontract it all to paddypower.

I'm imagining something like the credit bureaus, and Fair Isaac. There are some laws surrounding what data can be used, but it's not the government doing the work. The quality of the data is the source of their funding; it's not self-evident that all data needs to be collected and supplied for free from our government. While some supporters of this bill may well prefer to live in ignorance, I'd imagine that a large number of private companies would rush to become the market leader in this type of data.
Last edited by Werthless on Fri May 03, 2013 12:41:29, edited 2 times in total.

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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby Wolfgang622 » Fri May 03, 2013 12:37:09

Even if they would distribute it for free, would we the people really want to turn over the responsibility for collecting and managing that kind of data to private interests (not to mention the authority to compel response)?

These libertarians man, Jesus Christ. I can't wait for them to go live in their Wal-Mart funded paradise.
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby Werthless » Fri May 03, 2013 12:44:10

mozartpc27 wrote:Even if they would distribute it for free, would we the people really want to turn over the responsibility for collecting and managing that kind of data to private interests (not to mention the authority to compel response)?

These libertarians man, Jesus Christ. I can't wait for them to go live in their Wal-Mart funded paradise.

What kind of data? All IMPORTANT data, or macroeconomic data in general?

I'm sure a collective of payroll providers could collect this information quite easily and quite cheaply.

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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby drsmooth » Fri May 03, 2013 13:49:25

Werthless wrote:[While some supporters of this bill may well prefer to live in ignorance, I'd imagine that a large number of private companies would rush to become the market leader in this type of data.


employment data is a 'triumph' of statistical squishiness. Private firms won't do it better, mostly because once in the weeds "employment" gets to be a surprisingly spongy concept

so private firms can certainly do different jobs reporting, but probably not much "better".

But the issue of whether private firms should/could do jobs figures is a lot like the no-longer-much-respected Neilsen Ratings; it's not whether you do a good job or a crappy job on the #s but whether you do an authoritative job. And that becomes largely a matter of familiarity, trust, etc.
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby drsmooth » Fri May 03, 2013 16:51:30

oh, and market-leading payroll processor ADP handles all of 33 million paychecks WORLDWIDE - not irrelevant, but necessarily representative of everyone paid in the US. Paychex & others trail in #s of checks, with most employers - the 6 or so million small ones - getting payroll done by a hodgepodge of bookkeepers, accountants, staff, etc.

The big processors really have no reason to cooperate in sharing metrics out of their pay data, and would fight like weasels over who was in charge of any such initiative. The whole thing would be a non-mission critical nuisance to all of them, and so would get commensurate attention. Regarding benchmarks, markets tend to prefer nice boring reliable figures.

A private consortium's results may be no worse than the gov't's, but would probably not be markedly better.
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby TenuredVulture » Fri May 03, 2013 17:25:21

True fact: Sen. Frank Lautenberg is a former CEO of ADP.
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby jerseyhoya » Fri May 03, 2013 21:36:00

Israel launched some kind of strike at something in Syria

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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby Bucky » Fri May 03, 2013 21:37:16

HWGA

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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby jerseyhoya » Fri May 03, 2013 21:52:41

Israeli warplanes launched airstrikes against targets inside Syria on Friday, U.S. officials told NBC News.

It’s believed the primary target was a shipment of weapons headed for Hezbollah in Lebanon, they said. A senior U.S. official said the airstrikes were believed to be related to delivery systems for chemical weapons.

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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby Monkeyboy » Sat May 04, 2013 04:55:33

of course they were.
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby drsmooth » Sat May 04, 2013 06:36:09

in lighter political news, Nixon's grandson visits China with his wife, who I'd wager has enormous - diplomatic skills

Image
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby pacino » Sun May 05, 2013 21:13:50

8 soldiers dead in Iraq today, two from an insider attack. Why are we still there?
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby jerseyhoya » Sun May 05, 2013 21:28:45

pacino wrote:8 soldiers dead in Iraq today, two from an insider attack. Why are we still there?

Afghanistan

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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby Roger Dorn » Sun May 05, 2013 21:46:54

We're there because we can't forget 9/11 and we can't lessen our resolve to defeat terrorism. We need another surge and an extended presence there.

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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby pacino » Sun May 05, 2013 21:50:10

woops, i meant Afghanistan.
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby pacino » Mon May 06, 2013 19:37:49

Anthony Weiner is apparently a bad person:
When a Hasidic Jewish man accidentally killed a 7-year-old black boy in the Crown Heights neighborhood of Brooklyn, long-simmering tensions between the two communities erupted into riots. Against that backdrop, Weiner’s campaign distributed a mailer playing to white, middle-class voters’ racist fears and tying his Democratic primary opponent to Mayor David Dinkins, the city’s first African-American Mayor, and Rev. Jesse Jackson.
At the time, his campaign did not admit to being responsible for the campaign mailer, but after Weiner won the primary and his political future was assured, he came clean and suffered no lasting consequences for making such “an ugly appeal to voters’ worst nature,” as Kornacki put it.

not sure how to embed MSNBC videos on here, but the video has the entire story.
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Re: Arugments and Sensitivity Training Regarding POLITICS

Postby pacino » Mon May 06, 2013 21:36:09

Syrian rebels used nerve gas, says UN. Let's please not enter this war.

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