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re: September jobs numbers best since Reagan-era

Posted on 10/4/20 at 8:14 am to
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97936 posts
Posted on 10/4/20 at 8:14 am to
You are back embarrassing yourself
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15731 posts
Posted on 10/4/20 at 8:15 am to
quote:

You lost 15 and gained 5. Wow.


It’s sad that Democrat run states have much worse employment numbers and death numbers from COVID. If you wouldn’t just blindly follow an ideology, you’d see that. However, it’s obviously a religion to you.

quote:

accounting is how you avoid taxes.


Depreciating real estate is not avoiding paying taxes. Just a basic understanding of tax code in the US should help you understand. I guess you don’t even have a baseline understanding of what’s going on around you.
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 8:33 am to
quote:

Depreciating real estate is not avoiding paying taxes. Just a basic understanding of tax code in the US should help you understand. I guess you don’t even have a baseline understanding of what’s going on around you.



I know because I do it. Effectively, it’s tax deferral. You reduce your basis and capture a larger gain when you sell.

The problem comes when you leverage hard, depreciate hard, and then have to sell when you still have debt.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97936 posts
Posted on 10/4/20 at 8:40 am to
quote:

I know because I do it.


you are such a liar
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138784 posts
Posted on 10/4/20 at 8:43 am to
quote:

You lost 15 and gained 5. Wow.

I guess this kind of accounting is how you avoid taxes.
We went from 3.6% (Jan'20) to 14.7% (Apr'20).

I guess this kind of math is how you avoid ... understanding the first thing about taxes, or quality employment which might generate them.

For the math challenged, that's a 10.1% loss.
Not 15%.

Since then we've gained nearly 7%. Not 5%.

Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 8:43 am to
quote:

you are such a liar


Meet me at the Sonic and bring your Schedule E.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97936 posts
Posted on 10/4/20 at 8:45 am to
You dont even know what schedule E is

Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 8:48 am to
I’m talking absolute numbers. I don’t play games with statistics.

You are minus 10.7 million jobs since February. You were minus 20 million at one point. You still haven’t “gained” in a meaningful sense.

If you lose 20 at craps then win 10, you are still in the hole.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138784 posts
Posted on 10/4/20 at 8:50 am to
quote:

Meet me at the Sonic and bring your Schedule E.


"3.6 - 14.7 = -15 ...... 14.7 - 7.9 = 5 ...... Now bring your Schedule E, and we'll talk about taxes."
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15731 posts
Posted on 10/4/20 at 8:54 am to
It’s truly unbelievable how good the US would have done with unemployment and death if the blue states weren’t here to drag us down.
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 8:56 am to
You started at 158 million jobs. You hit a low of 133 million. That’s minus 25. Now you are at 147 million.

That’s still minus 11 million.

Sorry you are dumb.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138784 posts
Posted on 10/4/20 at 8:58 am to
quote:

I’m talking absolute numbers
If you were talking absolute numbers, we'd not be having this conversation. "15" was no absolute number. "5" was no absolute number.
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15731 posts
Posted on 10/4/20 at 9:00 am to
What are your real estate assets?

Why do you support an administration that calls for the abolishment of 1031 exchanges?
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 9:12 am to
quote:

What are your real estate assets?


I think a bunch of you here rent from me.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97936 posts
Posted on 10/4/20 at 9:14 am to
quote:

What are your real estate assets?


With that answer he gave you know it's at best a mobile home


What a liar
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138784 posts
Posted on 10/4/20 at 9:14 am to
quote:

You started at 158 million jobs.
Negative. We peaked at >152 million SANFPJ's. But we started at 145 million.

We fell to 130 million, and in 5 months we're back to nearly 142 million.
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 9:14 am to
quote:

an administration that calls for the abolishment of 1031 exchanges


I’m not rolling, so it doesn’t really matter to me.

And I doubt that would ever clear Congress.
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 9:15 am to
quote:

Negative. We peaked at >152 million SANFPJ's. But we started at 145 million.


The BLS affirms you are dumb or a liar.
Posted by Tigrdynasty
19th hole
Member since Jun 2018
3317 posts
Posted on 10/4/20 at 9:21 am to
quote:

Laughable, if it wasn't so pathetic.


Shutting down the economy due to a scamdemic was pathetic. Now the majority of our population is realizing that and going back to work and our normal lives.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138784 posts
Posted on 10/4/20 at 9:22 am to
quote:

The BLS affirms you are dumb or a liar.
FRED: All Employees, Total Nonfarm, Seasonally Adjusted
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