You guys are talking about different things.

Credit utilization of 0% doesn’t mean paying your cards off on time every month so you avoid interest. It means paying your cards off before the statement period even closes so nothing is reported to the credit agencies.

I do this. All my cards have a statement period ending on the 19th or 20th. Around the 17th every month I pre-pay so my statement is $0 on every card.

When I use a card after doing this and the charge goes through before the statement closes, my FICO score goes up (vantage doesn’t seem to do this).

For the last 18 months or so my FICO has been going up 22 points every time there is at least a little balance to report and down 22 points every time my credit utilization is 0.0%.

But if we fixed it where would we get all our slaves undocumented workers?

I think the average bullet wound might result in slightly higher medical bills than the average car accident.

I’m not saying it doesn’t happen, but I’ve never heard of an employer that requires their 401k match to be invested in the company. Everywhere I or my wife has worked you could put it in any fund available with that 401k plan.

What else do you want? There are numbers for short-term, long-term, actively looking, stopped looking, workforce participation, and underemployed both part-time who want full-time and full-time in a low paying job because they can’t find anything in their field. They also have trends and more granular breakdowns in each category.

Enlighten me, what else should be reported? People who wait tables but dream of being a movie star or pro athlete?

Don’t put words in my mouth. I never said the data doesn’t match reality. I’m saying the data is reality, or are least the best measure of it we have.

You’re the one insisting that your experiences are the only measure of reality, and since the data doesn’t agree, it must be bullshit, instead of the much more likely explanation that your experiences aren’t typical.

I’m not sure what you’re referring to with the “6 months” thing, but if you’re talking about the inflation rate spiking, the data wasn’t wrong, the interpretation was. The data showed inflation up, every month, but the Fed thought it was “transitory”. Eventually they realized “oh shit” it’s not transitory and took action to bring it down while trying not to cause a recession at the same time. I’m no fan of the Fed in general, but credit where it’s due, it looks like they did a damn good job.

I’m well aware of all the various measures of unemployment, and they’re very good. Both short and long term unemployment are below what used to be considered maximum employment, and have been for a while. Underemployment is historically low. And after controlling for boomers aging out, workforce participation is trending upward. More people are working, more people are working full time, in jobs they’re trained for (as opposed to having to take jobs they’re overqualified for), and their wages are growing faster than inflation.

No, I don’t think there is a vast conspiracy of thousands of federal workers, normal career employees, not political appointees, publishing fake numbers. The raw data is public and so is the origin. No one disagrees on what the numbers are, just what spin to put on it. Often, for political reasons, people will try to put a bad spin on good numbers, or a good spin on shitty numbers, but the numbers themselves are not in question.

I think you’ve been taken in by someone who wants to put a bad spin on good numbers. Numbers so good, if you had told me you thought we’d be here a year ago I would have laughed in your face.

Maybe, just maybe, the people doing well aren’t lying to you, there isn’t a conspiracy of government workers, and things are as all available data suggests.

Maybe your experiences just aren’t typical.

You keep saying that, but that’s not what the data shows. It shows real wage growth is exceeding inflation. It’s also starting to show deflation across several categories of goods.

It sucks your wages haven’t kept up with inflation and maybe eggs at your grocery store aren’t any cheaper, but the data shows that your experience isn’t typical.

The typical experience is surprisingly good and getting better.

Yeah…we know. It’s pretty clear wildginger was using it sarcastically and I was using the same words as them.

But things have changed, that’s the point. While individual experiences vary, all the economic data this year has been pretty stellar.

Reducing inflation this fast without tanking the economy, and not just not tanking it, actually having pretty decent economic numbers is a major achievement.

When the Fed stated raising rates to curtail inflation almost everyone thought there was no way to do it without a recession, maybe a major one, and increasing unemployment 2-3X. The “soft landing” seemed like a naive hope. We’re not all the way there yet but it looks like they actually did it. Inflation is almost down to targets and at the same time, unemployment is still low, GDP growth is good, real wage growth beats inflation, etc.

It’s not all blowjobs and caviar for everyone but we were heading for a major disaster and it’s been avoided.

Me and everybody I know are doing great. My empirical evidence seems to disagree with yours.

Too bad nothing can be done about that. If only someone, maybe a government agency, could collect all the data and determine how the country is doing as a whole.

Vincent had the same suit and gun. Why did you jump to Jules?

But there is a penalty for littering. Some people might refrain from littering not because it’s the right thing to do, but because they don’t want a fine.

The lack of repercussions for being a scumbag and abandoning your cart is what makes it a good test.