Unemployment drops to 7.8%.....uh oh

[Jetmeck]

Just when the right tards were ready to celebrate Romney's total lack of substance winning debate performance. Truth is he didn't win chit because he lied about his tax plan and its on video. What's new he flips on everything.

But he was assertive and aggressive so he won ? Wrong............................................. .................................................. .


Don't let the jobs report get in your way.............have a great weekend !

[Requiem]

If Obama got the FDR treatment, everyone could be working after 16 years!

[TonyR]

Good news for America. Bad news for the GOP.

[Rohirrim]

I wonder where the number would be if the Republicans in Congress didn't block Obama's Jobs bill?

[Smiling Assassin27]

If you think this is good news, you're competing with a doornail for the highest level of dumb. But, like you, the American electorate eats what the media feeds them, so 114k job growth and a reduction in the unemployment rate, while ignoring the participation rate and the actual jobs that were the reason is just perfect. Thanks, Mr. President, you've saved us!

Wake the **** up and read. Of course, your president promised that if we implemented the stimulus (remember that?), we'd be at 5.6% right now. Oops! It's nearly all part time jobs that don't even qualify to be called 'non-farm payroll'. Do yourself a favor and google 'U-6 rate', although people in denial will choose NOT to, i'm sure.

Crap report. 114k jobs growth would be super--in 1962.

[BroncoInferno]

^ Thanks for the spin from the lunatic fringe, Rush.

[TonyR]

If you think this is good news, you're competing with a doornail for the highest level of dumb.

LOL You're certainly in no position to be calling anyone else "dumb". Every one of your posts is more preposterous than the last. You really have an inflated opinion of yourself and a tenuous grasp of reality.

No, this isn't "great" news. Nobody is dancing in the streets. The economy still sucks. But the direction is the right one. This is a positive, not a negative.

[Rohirrim]

I haven't heard this news reported anywhere as anything other than a slight improvement over what was expected. It's good, because for once in many, many months, the number has dropped below 8%. But still mediocre. Once again, the Smiling Ass goes all hysterical over nothing.

[barryr]

Hmm, so right after Obama's dismal performance, this gets reported? How convenient. Only a fool believes this and the timing LOL

[DenverBrit]

Hmm, so right after Obama's dismal performance, this gets reported? How convenient. Only a fool believes this and the timing LOL

The only fool is you.

It's the monthly job report, comes out same time each month.

[barryr]

The only fool is you.

It's the monthly job report, comes out same time each month.

Sure, sure, the real unemployment is still over 14% and no change, but be happy the Obama team are manipulating the numbers right before the election. Nice try though :thumbsup: Desperate times call for desperate measures.

[BroncoInferno]

Sure, sure, the real unemployment is still over 14% and no change, but be happy the Obama team are manipulating the numbers right before the election.

And your evidence?

[barryr]

And your evidence?

LOL, a liberal jug asking for evidence when they spout all kinds of garbage using liberal websites as "evidence." :rofl:

[BroncoInferno]

LOL, a liberal jug asking for evidence when they spout all kinds of garbage using liberal websites as "evidence." :rofl:

In other words, you've got no evidence; you just made **** up again.

[DenverBrit]

Sure, sure, the real unemployment is still over 14% and no change, but be happy the Obama team are manipulating the numbers right before the election. Nice try though :thumbsup: Desperate times call for desperate measures.

Good grief you're an idiot.

[Garcia Bronco]

I also question the accuracy of that number, however the measuring stick is the same. So this is good news for our economy if true.

[TonyR]

Just when I thought barryr couldn't prove to be any more of a moron...

Look, bro, if the Obama admin was going to manipulate numbers they would have done it well before now and they would have moved the numbers quite a bit more than this.

[DBruleU]

The largest drop in EU rate in 29 years? While we added only 114k jobs? Less than previous months? Yeah, that seems normal. And like every other month, the #'s will once again be revised upwards. These numbers don't even add up. We have sluggish job creation and a downward revision of GDP.

If labor force participation were the same today as it was when Obama took office, we'd be at 10% UE.

Reading through these threads here it's clear how throughout history corrupt governments took control of their people....they sold so much BS and their people never knew what was ACTUALLY going on behind phony "facts."

[55CrushEm]

The largest drop in EU rate in 29 years? While we added only 114k jobs? Less than previous months? Yeah, that seems normal. And like every other month, the #'s will once again be revised upwards.

If labor force participation were the same today as it was when Obama took office, we'd be at 10% UE.

Reading through these threads here it's clear how throughout history corrupt governments took control of their people....they sold so much BS and their people never knew what was ACTUALLY going on behind phony "facts."

7.8% unemployment when Bush left office...."Horrible!"

7.8% unemployment in Sept 2012...."Terrific!"

And yes, like last month......the drop is due to people GIVING UP looking for work.....and in the case of this month, PART time jobs.

No matter what way you cut it......job growth still isn't keeping up with population growth. But spin away....."This is a GREAT report."

[Meck77]

Say whatever makes you feel good fellas. The fiscal cliff approaches.....It's going to be nasty.

[Drek]

If you think this is good news, you're competing with a doornail for the highest level of dumb. But, like you, the American electorate eats what the media feeds them, so 114k job growth and a reduction in the unemployment rate, while ignoring the participation rate and the actual jobs that were the reason is just perfect. Thanks, Mr. President, you've saved us!

Participation rate is up, FYI, and the decline is built entirely on people getting new jobs.

Helps that normally things like this are incredibly conservative hence why there was so much upward revision for July and August.

I also question the accuracy of that number, however the measuring stick is the same. So this is good news for our economy if true.
These numbers have been coming in conservatively low for all of recent history, which is why we've seen so much upward revision in the July and August numbers.

We're likely going to see further upward revision for August in October and the first of another two upward revisions for September then as well.

Fact is, the economy appears to be creating just under 200K jobs per month, which is the target to really start steady decline in unemployment. It isn't getting reported accurately because its a damn hard thing to track on a week to week basis. The gov't. needs at least a month of payroll tracking to really get good confirmation on real data and it also needs time to process it.

Its good news and with the likely wave of holiday hiring around the corner, rallying consumer optimism, and some clear political future emerging in early November the U.S. economy should be poised for a strong 2013 that can finally get the nation off the mat from the financial crisis.

[Smiling Assassin27]

Hmm, so right after Obama's dismal performance, this gets reported? How convenient. Only a fool believes this and the timing LOL


Interestingly, Obama has been telling us for 40 months not to put stock in one little jobs report. Listen to your messianic overlord, people!

[Mr.Meanie]

Hmm, so right after Obama's dismal performance, this gets reported? How convenient. Only a fool believes this and the timing LOL

Wow :rofl:

No but seriously, were you being sarcastic?

[Drek]

Say whatever makes you feel good fellas. The fiscal cliff approaches.....It's going to be nasty.

Not really. Law makers are already working on the resolution for that dilemma. Boehner and co. overplayed their hands last fall when Obama was willing to deal, now they'll scramble at the last minute when he wins reelection, the senate stays dem, and the house levels out a bit. That deal will be constructed knowing that the Bush era tax cuts will be gone briefly before anything new can be passed as well, so it'll be working on a clean slate.

That means full repeal of Bush era tax cuts for people earning over $250K (possibly even $100K if the dems get real aggressive) and military spending cuts that are greater than domestic spending cuts. It will also likely mean a second stimulus very much along the lines of Obama's current jobs bill proposal.

We'll slip over the cliff just long enough to get drug back at the last minute when house republicans cave in order to keep their jobs. The big question is how well the GOP can spin it and if they can get the tea party types to toe the line or if it's going to be the first truly splintered GOP vote in a long time. If they can't get those tea party types in line and we see strong growth following the new plan (which is highly likely) they'll be DOA for voting against it in all but the most red districts. If that means a democratic win in the 2014 midterms Obama could be the first president in a long time to play out his last two years of his second term with both the house and senate on his side.

This is what conservatives need to be afraid of. Obama with a blank check for 2015 and 2016. If they don't play their cards right the next several months it will happen. The White House is lost and the senate is likely out of reach. Being rational and quick to react within the house is the only way to save some measure of control.

[Drek]

Hmm, so right after Obama's dismal performance, this gets reported? How convenient. Only a fool believes this and the timing LOL

Jobs numbers for the previous month ALWAYS come out the first Friday of the following month.

Do you even follow how our government works or do you just turn on Rush/Beck/Hannity/etc. to get your marching orders and ignore everything else?

[DBruleU]

http://www.suitablyflip.com/suitably_flip/2012/10/jobs.html

Yeah, this doesn't smell right. The household survey (the part used to calculate the unemployment rate, not official payroll growth, which comes from the establishment survey) shows a whopping 873,000 jobs added in September (seasonally adjusted).

How whopping? It's the best month of the millennium to date.

In fact, it's the best month since 1983 (excluding Januarys, which usually show crazy numbers, due to annual revisions, which is why they're removed from the chart).

That's just not remotely plausible. In the last 29 years, we've had 22 quarters of growth exceeding 5%. And never did the household job creation rate hit the ostensible peak we just experienced, with growth hovering in the 1-2% range.

We've either got a massively massaged seasonal adjustment in place, a drastic change in household survey methodology, or the number is real, the economy is booming, and ADP undercounted by 700,000.

[Drek]

Interestingly, Obama has been telling us for 40 months not to put stock in one little jobs report. Listen to your messianic overlord, people!

No one is putting stock in one little jobs report.

The trend is stronger job growth month on month though, with powerful upward revisions on each month as well. Those are positive signs and are corroborated by the spikes in POTUS job approval and consumer confidence we've been seeing over the last couple months. Its a multitude of long term trends where this is icing on the cake and the dip to 7.8% is just the result of several strong months finally getting accurately compiled and catching up with the UE average.

Its like polling. No one should put a ton of weight into any single poll. But when you see three weeks of polls from various sources showing a growing lead to a varying degree for one side it is evidence towards a real shift. Hence why the right wing "polls are a conspiracy!" meme is such a joke when it comes to a state like Ohio where multiple polls have consistently shown a legitimate gap being created and widening.

[Drek]

http://www.suitablyflip.com/suitably_flip/2012/10/jobs.html

Yeah, this doesn't smell right. The household survey (the part used to calculate the unemployment rate, not official payroll growth, which comes from the establishment survey) shows a whopping 873,000 jobs added in September (seasonally adjusted).

How whopping? It's the best month of the millennium to date.

In fact, it's the best month since 1983 (excluding Januarys, which usually show crazy numbers, due to annual revisions, which is why they're removed from the chart).

That's just not remotely plausible. In the last 29 years, we've had 22 quarters of growth exceeding 5%. And never did the household job creation rate hit the ostensible peak we just experienced, with growth hovering in the 1-2% range.

We've either got a massively massaged seasonal adjustment in place, a drastic change in household survey methodology, or the number is real, the economy is booming, and ADP undercounted by 700,000.

So a right wing news source doesn't get seasonal adjustments and is just assuming that there was a 700,000 job scam being done to get UE under 8.0%.

Sounds legitimate.

Maybe he should have factored in the 86,000 seasonally adjusted gains from July and August that were miscounted as well, on the low side. Does he not understand the multiplicative powers of a seasonal adjustment? Or does he just completely not get stats at all?

I'm going with the last one, FYI.

[Smiling Assassin27]

http://www.suitablyflip.com/suitably_flip/2012/10/jobs.html

Yeah, this doesn't smell right. The household survey (the part used to calculate the unemployment rate, not official payroll growth, which comes from the establishment survey) shows a whopping 873,000 jobs added in September (seasonally adjusted).

How whopping? It's the best month of the millennium to date.

In fact, it's the best month since 1983 (excluding Januarys, which usually show crazy numbers, due to annual revisions, which is why they're removed from the chart).

That's just not remotely plausible. In the last 29 years, we've had 22 quarters of growth exceeding 5%. And never did the household job creation rate hit the ostensible peak we just experienced, with growth hovering in the 1-2% range.

We've either got a massively massaged seasonal adjustment in place, a drastic change in household survey methodology, or the number is real, the economy is booming, and ADP undercounted by 700,000.

Actual economists agree that it's implausible. Getcha popcorn ready:

This report is a tale of two labor markets. The establishment survey (payrolls) painted a picture of moderately growing employment over the last three months but at a marginally slower pace than over the last year. At this pace of job creation, the unemployment rate should be barely drifting lower given underlying demographic trends. In contrast, the household survey painted a picture of a sharply falling unemployment rate—down 1.2% points over the last 12 months. Such a rapid decline in the unemployment rate would be consistent with 4%–5% real economic growth historically but much of the decline is accounted for by people dropping out of the labor force (over the last year the employment-population ratio has risen to only 58.7% from 58.4%). We believe part of the drop in the unemployment rate over the last two months is a statistical quirk (the household data show an increase in employment of 873,000 in September, which is completely implausible and likely a result of sampling volatility). Moreover, declining labor force participation over the last year (resulting in 1.1 million people disappearing from the labor force) accounts for much of the rest of the decline. With this report, the ISMs, and vehicle sales, the September economy is off to a better-than-expected start but nowhere near as good as suggested by the decline in the unemployment rate.



http://blogs.wsj.com/economics/2012/10/05/economists-react-is-this-progress-on-jobs/

[Requiem]

Usual suspects, grasping at the same straws as always!

[BroncoInferno]

Usual suspects, grasping at the same straws as always!

Yep. Even the right-wing Wall Street Journal blog SmilingAss linked admitted this:

With this report, the ISMs, and vehicle sales, the September economy is off to a better-than-expected start but nowhere near as good as suggested by the decline in the unemployment rate.

[nyuk nyuk]

So let's see. Unemployment still isn't as low as it was when Bush left office and the economy is partly why the GOP was not elected (incumbents in Presidential elections have been voted out of office during recessions since at least the early 1900s). So apparently now that we're finally heading to what we were told were "dismal" unemployment levels during the Bush tenure, Obama is to get the credit, and not Bush the blame.

Bush's dismal is Obama's good. This is doubleplusgood.

[Mecklomaniac]

I wonder where the number would be if the Republicans in Congress didn't block Obama's Jobs bill?


who knows.. 9%??


Hooray for all the new McJobs.

<iframe width="420" height="315" src="http://www.youtube.com/embed/TptsP4ryido" frameborder="0" allowfullscreen></iframe>

[Smiling Assassin27]

Interestingly, Obama said that passing the stimulus bill would keep us under 8% and we'd be at about 5.6% right now. Sadly, those darn Republicans blocked it, er, wait...

[Kaylore]

The numbers aren't as pretty as they look though. A lot of it is people who couldn't find work getting part time jobs.

[Rohirrim]

The largest drop in EU rate in 29 years? While we added only 114k jobs? Less than previous months? Yeah, that seems normal. And like every other month, the #'s will once again be revised upwards. These numbers don't even add up. We have sluggish job creation and a downward revision of GDP.

If labor force participation were the same today as it was when Obama took office, we'd be at 10% UE.

Reading through these threads here it's clear how throughout history corrupt governments took control of their people....they sold so much BS and their people never knew what was ACTUALLY going on behind phony "facts."

Actually, Business Weekly reported better performance in the service sector of the economy this week, which is probably where some of these numbers come from.

[Rohirrim]

Say whatever makes you feel good fellas. The fiscal cliff approaches.....It's going to be nasty.

Only if the Republicans elect to drive the country into a depression rather than compromise.

[Rohirrim]

Jobs numbers for the previous month ALWAYS come out the first Friday of the following month.

Do you even follow how our government works or do you just turn on Rush/Beck/Hannity/etc. to get your marching orders and ignore everything else?

Like Ron White says: You can't fix stupid.

[Rohirrim]

Actual economists agree that it's implausible. Getcha popcorn ready:



http://blogs.wsj.com/economics/2012/10/05/economists-react-is-this-progress-on-jobs/

Key phrase in this Rupert Murdoch report, "We believe..."

[Kaylore]

The real story is Dems "cheering" a 7.8% unemployment rate. October always sees part time hires for before the Christmas rush.

[Smiling Assassin27]

The real story is Dems "cheering" a 7.8% unemployment rate. October always sees part time hires for before the Christmas rush.

Interestingly, the unemployment rate for government workers plummeted.

[Arkie]

The workforce is 58% of the population. Many people dropped out of the workforce. The unemployment rate doesn't include them.

http://research.stlouisfed.org/fred2/data/EMRATIO_Max_630_378.png

[barryr]

Yeah, despite a record number of people on food stamps and disability, more people got hired for a couple months to wrap Christmas(oh wait, can't call it that) gifts, so re-elect Obama folks, he's got that economy thing really smoking. Oh, the desperation.

[TonyR]

So let's see. Unemployment still isn't as low as it was when Bush left office...

Which direction was it going when Bush left office? Which direction is it going now?

[TonyR]

The real story is Dems "cheering" a 7.8% unemployment rate.

Is this story more "real" than the one about righties cheering because Mitt finally showed a little bit of competence and "won" a debate? All the crowing about this debate, when there are two left and Obama's predicted electoral college lead is still dauntingly large, shows more than a little bit of desperation don't you think?

[Requiem]

The workforce is 58% of the population. Many people dropped out of the workforce. The unemployment rate doesn't include them.

http://research.stlouisfed.org/fred2/data/EMRATIO_Max_630_378.png

A lot of people also retired and we have an aging population where a majority of seniors don't work.

[Rohirrim]

http://thinkprogress.org/wp-content/uploads/2012/06/BUSHvOBAMA_jobsREV.png

http://reflectionsofarationalrepublican.files.wordpress.c om/2012/08/liberal-total-private-jobs-worldview-july-2012-data.jpg?w=640

http://reflectionsofarationalrepublican.files.wordpress.c om/2012/09/bush-vs-obama-total-private-jobs-full-picture-august-2012-data.jpg?w=640

[TonyR]

October always sees part time hires for before the Christmas rush.

Fyi, this report is not October data.

The truly upbeat part came in the data revisions. As it turns out, those lackluster months of July and August were better than we thought. The agency now says that the U.S. economy added 181,000 jobs in July, rather than 141,000. And it says that the economy added 142,000 jobs in August, rather than a mere 96,000 as initially reported. To be clear, this is still a middling recovery. At this pace, it will take more than a decade to return to full employment. But at least the economy wasn’t slowing down dramatically over the summer, as originally reported. http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/10/05/september-jobs-report-why-the-drop-to-7-8-unemployment-is-genuinely-good-news/?wprss=rss_ezra-klein

[TonyR]

Interestingly, the unemployment rate for government workers plummeted.

Just once you should try looking at information from outside the cocoon. The real world can be scary, which is why you insulate yourself and come up with facile ways to assign blame, but you should really give it a try.

[T]he gains were concentrated in health care, transportation and warehousing, and finance. Manufacturing employment dropped, which corroborates weakness in factory activity that may reflect the slowing global economy and worries about a recession if politicians don't move the year-end "fiscal cliff." http://www.economist.com/blogs/freeexchange/2012/10/americas-jobs-report?fsrc=gn_ep

[BroncoInferno]

LOL Once again, facts confound the right-wingers.

[mhgaffney]

More funny numbers. Not to be believed.

[Smiling Assassin27]

More funny numbers. Not to be believed.

See, I can't go that far...yet. I've seen economists, in whom I have confidence in their competence, say this kind of thing:


"That the 7.8 percent jobless rate takes it to the level that prevailed when the President took office in January 2009 has raised many an eyebrow. I don't believe in conspiracy theories. But I don't believe in the Household Survey either. --David Rosenberg


But i also have seen guys like Santelli--a guy who kicks Jim Cramer's ass on a weekly basis, and who knows his stuff as well--say this kind of stuff:

'I TOLD you they'd get it under 8%--they did! You gotta let America decide how they did it..'


This, of course, implying that some magic politician dust got this done.

[barryr]

Another reason to doubt numbers from the BLS.

Meet the Obama Donors at the BLS

http://freebeacon.com/meet-the-obama-donors-at-the-bls/

[Jetmeck]

If you think this is good news, you're competing with a doornail for the highest level of dumb. But, like you, the American electorate eats what the media feeds them, so 114k job growth and a reduction in the unemployment rate, while ignoring the participation rate and the actual jobs that were the reason is just perfect. Thanks, Mr. President, you've saved us!

Wake the **** up and read. Of course, your president promised that if we implemented the stimulus (remember that?), we'd be at 5.6% right now. Oops! It's nearly all part time jobs that don't even qualify to be called 'non-farm payroll'. Do yourself a favor and google 'U-6 rate', although people in denial will choose NOT to, i'm sure.

Crap report. 114k jobs growth would be super--in 1962.



Hello ? Anyone home ? Where did my post say this was good news ?

Damn well betcha dumbass POS such as yourself would be screaming bloody murder if unemployment went up..........................

Don't play both sides like your POS candidate Romney does...that BS only works on the weak minded and I am not fooled by your stupidity.

[Jetmeck]

More funny numbers. Not to be believed.


You and Rush don't believe the unemployment numbers.............really ?

It;s a conspiracy like the poll numbers...............are you people seriously listening to yourselves ?

[Smiling Assassin27]

Kinda sad when Obama's main message to America is 'you shouldn't change horses as you're drowning in midstream' and 'Remember the Boom of 2011!'

[Jetmeck]

Hmm, so right after Obama's dismal performance, this gets reported? How convenient. Only a fool believes this and the timing LOL


Clueless, classless assclown.

Your a fooollllll and unable to grasp reality.

You also think all the losing polls are a conspiracy.

[Jetmeck]

No one is putting stock in one little jobs report.

The trend is stronger job growth month on month though, with powerful upward revisions on each month as well. Those are positive signs and are corroborated by the spikes in POTUS job approval and consumer confidence we've been seeing over the last couple months. Its a multitude of long term trends where this is icing on the cake and the dip to 7.8% is just the result of several strong months finally getting accurately compiled and catching up with the UE average.

Its like polling. No one should put a ton of weight into any single poll. But when you see three weeks of polls from various sources showing a growing lead to a varying degree for one side it is evidence towards a real shift. Hence why the right wing "polls are a conspiracy!" meme is such a joke when it comes to a state like Ohio where multiple polls have consistently shown a legitimate gap being created and widening.


gREAT post.....!

Trends are indeed an INDICATOR of what is coming !

[Jetmeck]

Sure, sure, the real unemployment is still over 14% and no change, but be happy the Obama team are manipulating the numbers right before the election. Nice try though :thumbsup: Desperate times call for desperate measures.



Real unemployment rate is 14%.

Really cause they are calculating it the same way they have for decades but you think we should calculate in some new way that screws things to the way you want to see.......you want the economy to get worse because a POS such as yourself is more concerned about your party !


You need an attitude adjustment, maybe you could then come back to reality.

Impossible to debate someone who lies and changes the facts............like you and Romney do at every turn.

[DBruleU]

gREAT post.....!

Trends are indeed an INDICATOR of what is coming !

Like the trend we're on pace to create less jobs this year than last?

[Jetmeck]

Just when I thought barryr couldn't prove to be any more of a moron...

Look, bro, if the Obama admin was going to manipulate numbers they would have done it well before now and they would have moved the numbers quite a bit more than this.



Doesn't use logic on these idiots ..... lol

[Jetmeck]

Say whatever makes you feel good fellas. The fiscal cliff approaches.....It's going to be nasty.

Maybe you should call your senators and congressmen as I have done.

Republicans blocked this because they would not allow any revenue, in other words they would not compromise !

[nyuk nyuk]

http://i49.tinypic.com/w1zktk.png

[Jetmeck]

Interestingly, the unemployment rate for government workers plummeted.

Government don't creat jobs ? What jobs ?

[Jetmeck]

Yeah, despite a record number of people on food stamps and disability, more people got hired for a couple months to wrap Christmas(oh wait, can't call it that) gifts, so re-elect Obama folks, he's got that economy thing really smoking. Oh, the desperation.


Every year this happens ? They still count

[Jetmeck]

Like the trend we're on pace to create less jobs this year than last?

Carter....you ass.

Facts are facts.........trending way baetter than four years ago.

Because you are unwilling to live in the real world and want to twist BS to fit your righty views doesn't mean the facts support your ignorance !

[Jetmeck]

http://i49.tinypic.com/w1zktk.png

POS....................Romney won on style and that isn't a win. You are unwilling to admit the facts and tax lies still remain on our side.

[The Lone Bolt]

http://i49.tinypic.com/w1zktk.png

It's sad that all you have to do to "win" a Presidential debate these days is lie a lot, make big promises that you can't possibly keep, and look sincere while doing it. SMDH :oyvey:

And of course Romney benefitted from the fact that Obama didn't call him out on it enough.

[BroncoInferno]

It's sad that all you have to do to "win" a Presidential debate these days is lie a lot, make big promises that you can't possibly keep, and look sincere while doing it. SMDH :oyvey:

And of course Romney benefitted from the fact that Obama didn't call him out on it enough.

Yep. It's pretty funny. Romney's been embarassing himself and getting his ass handed to him the entire campaign. He has one moment where he gives the appearance of competence (thanks to completely reversing his positions on numerous topics and outright lying), and the right-wing is in ectasy.

[DBruleU]

It's sad that all you have to do to "win" a Presidential debate these days is lie a lot, make big promises that you can't possibly keep, and look sincere while doing it. SMDH :oyvey:

And of course Romney benefitted from the fact that Obama didn't call him out on it enough.

Obama didn't call him out because Romney destroyed him. Obama can't debate worth ****. It's why his dumbass followers think he should have been allowed a teleprompter.

And LOL @ you for accusing Romney of lying to get elected. It's how Obama was elected in the first place!

[Blart]

http://thinkprogress.org/wp-content/uploads/2012/06/BUSHvOBAMA_jobsREV.png

http://reflectionsofarationalrepublican.files.wordpress.c om/2012/08/liberal-total-private-jobs-worldview-july-2012-data.jpg?w=640

http://reflectionsofarationalrepublican.files.wordpress.c om/2012/09/bush-vs-obama-total-private-jobs-full-picture-august-2012-data.jpg?w=640

As usual, democratic economy = growth.

[L.A. BRONCOS FAN]

Bad news for TeaPublicans...

A chart for Friday: The unemployment rate under Obama. As Steve writes on the blog, "If I had a nickel for every time Mitt Romney has said the unemployment rate has been above 8% throughout the Obama presidency, I'd have, well, nearly as much money as Mitt Romney.

"Today, however, the talking point died. The unemployment rate fell unexpectedly, dropping from 8.1% to 7.8%."

http://maddowblog.msnbc.com/<wbr>_news/2012/10/05/<wbr>14241839-the-death-of-a-talking<wbr>-point?lite (http://maddowblog.msnbc.com/_news/2012/10/05/14241839-the-death-of-a-talking-point?lite)

https://sphotos-b.xx.fbcdn.net/hphotos-ash4/s480x480/384445_10151087093894067_1178876918_n.jpg (https://www.facebook.com/photo.php?fbid=10151087093894067&set=a.155589224066.115093.25987609066&type=1&relevant_count=1&ref=nf)

[Blart]

http://conspiracylol.com/images/conspiracy.jpg

OBAMA COOKED THE NUMBERS!!!!!!!!!

[elsid13]

I love how every time the facts get in the way of the Republican argument, those numbers suddenly because "faked" or "don't tell the true story". But if the unemployment # were higher then they would be running around yelling that Obama was killing the economy and using the BLS data.

[Rohirrim]

Uhh

U.S. companies added more jobs than expected in September, while activity in the vast services sector picked up, suggesting the economy remained on track for modest growth.

The ADP National Employment Report showed private employers added 162,000 jobs in September, more than economists expected, but fewer than the 189,000 hired in August.

Separate data from the Institute for Supply Management showed that new orders helped growth in the service sector to pick up to 55.1 in September, the best pace since March, from 53.7 a month earlier.

"It looks more like things are heading in the right direction. It is this new reality - we don't have robust growth, we just have very moderate growth," said William Larkin, fixed income portfolio manager at Cabot Money Management in Salem, Massachusetts.
http://www.reuters.com/article/2012/10/03/us-usa-economy-services-idUSBRE8920QD20121003

I guess Reuters is in on the conspiracy.

[L.A. BRONCOS FAN]

I love how every time the facts get in the way of the Republican argument, those numbers suddenly because "faked" or "don't tell the true story". But if the unemployment # were higher then they would be running around yelling that Obama was killing the economy and using the BLS data.

L0L! Ha!

But don't you know?

The BLS and other agencies are deliberately skewing their data to help Obama!

[maher_tyler]

Uhh

U.S. companies added more jobs than expected in September, while activity in the vast services sector picked up, suggesting the economy remained on track for modest growth.

The ADP National Employment Report showed private employers added 162,000 jobs in September, more than economists expected, but fewer than the 189,000 hired in August.

Separate data from the Institute for Supply Management showed that new orders helped growth in the service sector to pick up to 55.1 in September, the best pace since March, from 53.7 a month earlier.

"It looks more like things are heading in the right direction. It is this new reality - we don't have robust growth, we just have very moderate growth," said William Larkin, fixed income portfolio manager at Cabot Money Management in Salem, Massachusetts.
http://www.reuters.com/article/2012/10/03/us-usa-economy-services-idUSBRE8920QD20121003

I guess Reuters is in on the conspiracy.

And here is another one...

The U.S. unemployment rate unexpectedly fell to a near four-year low of 7.8 percent in September, the lowest since President Obama took office. Most economists were expecting a slight rise, so the number has raised suspicions that the White House might be cooking the books ahead of the election next month.

Jack Welch, the former CEO of General Electric, quickly came out with a tweet, voicing his suspicion. On his Twitter account he accused the Obama administration of manipulating U.S. employment data for political advantage.

“Unbelievable jobs numbers…these Chicago guys will do anything…can’t debate so change numbers,” said Welch, 76 and a Republican.

“No, there’s nothing at all curious about the last jobs report diving to 7.8 percent unemployment before the election,” said Keith Urbahn, Donald Rumsfeld’s former chief of staff.

(To be fair, not all GOP members felt something underhanded was going on. As former Bush White House aide Tony Fratto put it, “BLS is not manipulating data. Evidence of such would be a scandal of enormous proportions & loss of credibility.”)



http://abcnews.go.com/blogs/business/2012/10/does-the-white-house-manipulate-jobs-numbers/

[peacepipe]

This might have been brought up already,but if Obama could fudge the numbers wouldn't he have done it already? he could've fudged the numbers a yr ago.

[elsid13]

This might have been brought up already,but if Obama could fudge the numbers wouldn't he have done it already? he could've fudged the numbers a yr ago.

Don't even try to use logic, Obama is attempting to turn the US into Kenya......

[The Lone Bolt]

Obama didn't call him out because Romney destroyed him. Obama can't debate worth ****. It's why his dumbass followers think he should have been allowed a teleprompter.

And LOL @ you for accusing Romney of lying to get elected. It's how Obama was elected in the first place!

Obama may have made some commitments he was unable to keep. But those pale in comparison to the huge snake-oil sales job Slick Willard gave in this debate.

[L.A. BRONCOS FAN]

https://sphotos-a.xx.fbcdn.net/hphotos-ash3/62053_535953466422206_1687243889_n.jpg
https://sphotos-a.xx.fbcdn.net/hphotos-ash3/546224_539710849387764_1122985493_n.jpg

[Bacchus]

It's nice to see the rate break the 8% mark.

[lonestar]

not going to bother reading the thread, because we all know there is a dumocrat circle jerk going on..

but let me add..

Who does this department report to? That is correct nobama appointments.. Does anyone want to venture a guess, that they do not want to lose their jobs. Does anyone else think for that past God only knows it has been at 8% or higher, massaging the number up a bit, might be happening?

Anyone wanna bet there is an adjustment to this right after the elections? When it is, it will not be down..

Ponder that I'm going to go back to my Sons of Anarchy marathon..

[DenverBrit]

And the ADP data, did Obama manipulate that too??

Seriously, can't some of you think beyond your devotion to party??

The ADP National Employment Report

September 2012 Report

Employment in the U.S. nonfarm private business sector increased by 162,000 from August to September, on a seasonally adjusted basis. The estimated gains in previous months were revised lower: the July increase was reduced by 17,000 to an increase of 156,000, while the August increase was reduced by 12,000 to an increase of 189,000. Employment in the private, service-providing sector expanded 144,000 in September, down from 175,000 in August. Employment in the private, goods-producing sector added 18,000 jobs in September. Manufacturing employment rose 4,000, while construction employment rose 10,000, the strongest since March when mild winter weather was boosting construction activity. The financial services sector added 7,000 jobs in September, marking the fourteenth consecutive monthly gain.

Here, educate yourself.

http://www.adpemploymentreport.com/

[Bacchus]

Kinda sad when Obama's main message to America is 'you shouldn't change horses as you're drowning in midstream' and 'Remember the Boom of 2011!'

Funny, I have never heard that message from him, interesting :kiddingme

[Drek]

So let's see. Unemployment still isn't as low as it was when Bush left office and the economy is partly why the GOP was not elected (incumbents in Presidential elections have been voted out of office during recessions since at least the early 1900s). So apparently now that we're finally heading to what we were told were "dismal" unemployment levels during the Bush tenure, Obama is to get the credit, and not Bush the blame.

Bush's dismal is Obama's good. This is doubleplusgood.

Yes, in much the same way that you have more livable space in your house within the first few minutes of a raging house fire, you have more jobs in the first few weeks into a massive economic collapse.

This isn't hard to understand.

Interestingly, Obama said that passing the stimulus bill would keep us under 8% and we'd be at about 5.6% right now. Sadly, those darn Republicans blocked it, er, wait...
Sadly, blue dog dems teamed with the GOP to cut said stimulus in half from what the POTUS actually wanted.

The numbers aren't as pretty as they look though. A lot of it is people who couldn't find work getting part time jobs.
That's part of it, but there was also greater than expected growth in many sectors that wouldn't be part time jobs (finance, construction, etc.)

The real story is Dems "cheering" a 7.8% unemployment rate. October always sees part time hires for before the Christmas rush.
****ing hell man. Seriously? Kay, you're smarter than this. How could they report October hiring in the first week of October?

We're likely going to see a very strong October and November for UE%. This is why jobs gained are seasonally adjusted. So that the market doesn't see a -1.5M every Feb and a bunch of +500K for Oct/Nov/Dec.

This is the problem with America. Too many of you ****ers don't understand basic economics, law, or business yet you trumpet a capitalist imperative you have no understanding of. You are literally cows being led to the slaughter house thinking "man, I bet where ever these guys are leading us is going to have lots of tasty hay to eat!"

Interestingly, the unemployment rate for government workers plummeted.
And it's still massively behind gov't. labor force numbers pre-recession.

In fact, the Obama admin is the only time in recent history where public sector jobs numbers have shrunk in any significant way. So all the "kill gubmint in da bathtub!" rants by Reagan and the GOP since has been nothing but bluster while they have rapidly grown the size of gov't, far faster than their democratic contemporaries.

Obama may have made some commitments he was unable to keep. But those pale in comparison to the huge snake-oil sales job Slick Willard gave in this debate.
The sad thing is that the one bit of policy Romney wasn't willing to lie about is medicare vouchers, which will cost him Florida.

Obama can lose every other swing state but Ohio and Florida and still win. He's had a sizable edge in Ohio for a month now, including two weeks in which early voting was open. Romney's spin doctoring failed to safeguard him from his biggest weakness in Florida - medicare. The Obama campaign is already rolling out a new Romney anti-medicare ad statewide in Florida, this while having held a moderate lead up to this point in the state.

This is why Obama didn't respond to Romney's "$716B robbed from Medicare!" claims. He didn't want to give any new ad footage that could be selectively edited. Romney gave an absolute ton of new footage that needs very little editing, just framing side by side with previous Romney statements, to paint him as a flip floper willing to say anything to get elected.

[L.A. BRONCOS FAN]

https://sphotos-b.xx.fbcdn.net/hphotos-ash3/554185_541264585900161_1340539722_n.jpg

[elsid13]

There are two freaking programs that should have been past that would both benefited the nation and got better employment result that neither side is talking about.

1. Infrastructure renewal - it time to recapitalize Eisenhower interstate program. To many crumbing roads and bridges
2. Private/Public partnership to create a smart power grid. The government should be offering low interest long term loan and grants to states and the power companies to create the next generation power generation and distribution system

[L.A. BRONCOS FAN]

https://sphotos-a.xx.fbcdn.net/hphotos-ash3/46488_423045877754497_1146096288_n.jpg

[barryr]

Yeah, when Obama lies, it's just broken promises. The biggest lie of is not raising taxes on anyone making less than 250,000 when have seen them rise already with food and gas and just wait until Obamacare starts. Even more taxes on everybody. Some states right now are looking at 5 bucks/gallon for gas. Jimmy Carter days here again.

[Rohirrim]

Yeah, when Obama lies, it's just broken promises. The biggest lie of is not raising taxes on anyone making less than 250,000 when have seen them rise already with food and gas and just wait until Obamacare starts. Even more taxes on everybody. Some states right now are looking at 5 bucks/gallon for gas. Jimmy Carter days here again.

The POTUS has absolutely no control over food and gas prices, dumbass.
http://www.nytimes.com/2012/04/01/business/gas-prices-are-out-of-any-presidents-control.html?_r=0

Here is why: Oil is a global market in which America is a big consumer but a small supplier. We consume about 20 percent of the world’s oil but hold only 2 percent of the oil reserves. That means we are, in economics jargon, “price takers.” Domestic production has increased during the Obama administration, but it has had minimal effects on global prices because, as producers, we are just too small to matter much. And even if domestic oil companies further increased production, they would sell to the highest global bidder.

If you’re not convinced by economic theory or the opinions of economists, consider some recent history. Presumably, no one would call President George W. Bush unfriendly to the oil industry. Yet the price of gasoline rose steadily during most of his administration. In February 2001, just after Mr. Bush took office, the average price of regular gasoline was $1.45 a gallon. By June 2008, that price had risen to $4.05. Still think presidents and oil-friendly policies can determine oil prices?

[Rohirrim]

Ever hear the one about how Romney liked to dress up like a cop, had a flashing light on his car, and liked to pull people over?
http://www.realclearpolitics.com/articles/2012/06/14/did_young_romney_impersonate_a_police_officer_anot her_witness_says_yes_114471.html

[Drek]

There are two freaking programs that should have been past that would both benefited the nation and got better employment result that neither side is talking about.

1. Infrastructure renewal - it time to recapitalize Eisenhower interstate program. To many crumbing roads and bridges
2. Private/Public partnership to create a smart power grid. The government should be offering low interest long term loan and grants to states and the power companies to create the next generation power generation and distribution system
Both are in Obama's jobs bill. Congress refuses to pass it.

[Jetmeck]

Yeah, when Obama lies, it's just broken promises. The biggest lie of is not raising taxes on anyone making less than 250,000 when have seen them rise already with food and gas and just wait until Obamacare starts. Even more taxes on everybody. Some states right now are looking at 5 bucks/gallon for gas. Jimmy Carter days here again.

Food and gas taxes went up because gas went up because of BS speculators that need their nuts cut for short trading oil futures when someone farts in the middle east and then nothing usually happens and we all still pay for it.

This is free market and capitalism.....you should love it.

Obama had nothing to do with it.

Obamacare will not raise taxes, I challenge you to bring facts.


This is DESPERATION and IGNORANCE on your part and your schtick is getting way old.

You just want to win regardless if the country is being hurt by republican obstruction. PARTY BEFORE COUNTRY...........

[Jetmeck]

Both are in Obama's jobs bill. Congress refuses to pass it.




UNEMPLOYMENT RATES WOULD BE MUCH LESS IF THE REPUBLICANS WERE NOT BLOCKING EVERY JOBS BILL.

Republicans are the first to bitch about jobs and then they obstruct every jobs bill.


Stimilus is done after recession by every president.....this was a very very bad recession and needs more stimilus than was applied.

Yes more stimilus would have resulted in a better, stronger economy with more jobs. How do I know ? Because history shows it is true.

Just because Republicans spent all the money on stupid wars and stupid tax breaks for the rich doesn't mean we should curl up in a ball and say everybody for themself like republicans want to do.


I challenge any of you clowns to respond to this.

[Rohirrim]

UNEMPLOYMENT RATES WOULD BE MUCH LESS IF THE REPUBLICANS WERE NOT BLOCKING EVERY JOBS BILL.

Republicans are the first to b**** about jobs and then they obstruct every jobs bill.


Stimilus is done after recession by every president.....this was a very very bad recession and needs more stimilus than was applied.

Yes more stimilus would have resulted in a better, stronger economy with more jobs. How do I know ? Because history shows it is true.

Just because Republicans spent all the money on stupid wars and stupid tax breaks for the rich doesn't mean we should curl up in a ball and say everybody for themself like republicans want to do.


I challenge any of you clowns to respond to this.

I guarantee you this, if Romney gets elected, he'll put forward a stimulus bill, they'll all vote for it, zip their lips, and sit on their hands.

[The Lone Bolt]

Hey Mitt...
https://i.chzbgr.com/completestore/12/10/3/PAAn1IfTVE6jcC3FjdJIyg2.jpg

[lonestar]

Hey Mitt...
https://i.chzbgr.com/completestore/12/10/3/PAAn1IfTVE6jcC3FjdJIyg2.jpg



probably the most intelligent post from the lefties in this thread..

:thumbs:

If I were big bird and about to have my job cut, because I have been living off the feds dime for my entire life.. I might feel the same way..

I think we just found another 47%ter like dream is..

[lonestar]

got this in my bullet points today..

Let’s review:


The 114,000 jobs created in September is below the average created this year, which was 146,000.
The 114,000 jobs created in September is below the average created last year, which was 153,000.
The U-6 unemployment number, which reflects the entire labor situation, was basically unchanged at 14.7 percent.
If labor participation was where Obama had inherited it from George W. Bush, the unemployment rate would be closer to 11 percent.
Part-time people employment jumped from 582,000 to 8,613,000, the most since October 2011, and the largest one month jump since February 2009. That means the quality of jobs people are finding is dropping.
And a comparison: During the Ronald Reagan recovery the country average around 275,000 new jobs a month.

Updated:


A 7.8 percent today ties Bush’s worst unemployment month.
Although previous job growth revised up by 126,000, job growth in private sector was revised down by 4,000.
August 2010: 58.5 percent of working age Americans had jobs. August 2012: 58.3 percent of working age Americans had jobs.
38,000 manufacturing jobs lost since August
Black unemployment January 2009: 12.6 percent … Sept 2012: 13.4 percent.


see more at..
http://www.humanevents.com/2012/10/05/the-truth-about-that-great-jobs-report/

[L.A. BRONCOS FAN]

^

L0L @ the right-wing pinheads trying to spin the bad news (read: jobs report.)

Looks like you traitorous jackals and your obstructionism are a FAIL.

https://sphotos-a.xx.fbcdn.net/hphotos-prn1/60677_478159835539220_397801048_n.jpg

[Rohirrim]

got this in my bullet points today..


see more at..
http://www.humanevents.com/2012/10/05/the-truth-about-that-great-jobs-report/

Did you hear that we're in the worst downturn since the Great Depression? Did you know that your boy Dubya is largely responsible for it?

Living in the bubble. :oyvey:

[lonestar]

Did you hear that we're in the worst downturn since the Great Depression? Did you know that your boy Dubya is largely responsible for it?

Living in the bubble. :oyvey:

You got it all wrong again my boys name is micheal.

[L.A. BRONCOS FAN]

You got it all wrong again my boys name is micheal.

Riiiiiiiiiiight - because you never supported Bush.

None of you sh*t stains ever supported Bush.

[Bacchus]

Riiiiiiiiiiight - because you never supported Bush.

None of you sh*t stains ever supported Bush.

Yes, he supports Romney and then he supported Reagan, and then Eisenhowhower maybe, although he was very liberal.

Wow what a time the 50's must have been before the corporations got their hooks into America.

I cannot even blame the corporations, afterall, we are a democracy it is all the dip****s that for for the corporations lies who are to blame.

[barryr]

Yep, corporations only have their hands in republican pockets. Didn't you know the democrats are saints and only worry about helping people and never, ever do wrong, much less take money from foreign countries or corporations LOL

[L.A. BRONCOS FAN]

Yep, corporations only have their hands in republican pockets. Didn't you know the democrats are saints and only worry about helping people and never, ever do wrong, much less take money from foreign countries or corporations LOL

But how could that be?

After all, intellectual giants like you have assured us that contemporary Democrats are all a bunch of radical leftists, socialists, and Marxists.

[L.A. BRONCOS FAN]

>>Wow what a time the 50's must have been before the corporations got their hooks into America.<<



As I've said before, that's precisely the problem:

The majority of Fox News lemmings on this board are too young to have any real recollection of life in America before the Reagan Revolution.

Those of us who can remember are like personifications of Winston Smith in "1984."

[Bacchus]

Yep, corporations only have their hands in republican pockets. Didn't you know the democrats are saints and only worry about helping people and never, ever do wrong, much less take money from foreign countries or corporations


Yes barryr I did know that. I am glad you got to know it too.

[mhgaffney]

If you believe the 7.8 % figure -- I have some tropical beachfront property in Nome, Alaska that I'd like to show you...

[lonestar]

If you believe the 7.8 % figure -- I have some tropical beachfront property in Nome, Alaska that I'd like to show you...

As I heard it lots of those hires were part time employees.. opposed to real jobs..

Wonder how many were old unemployment folks that ran out of eligibility..

I do not believe anything that comes out of washington under this corrupt administration..

they had 43 months to fix the problem and so far the best they can do is .2%..

Sorry Charlie.. that don't hunt..

[barryr]

If you believe the 7.8 % figure -- I have some tropical beachfront property in Nome, Alaska that I'd like to show you...

There's around six liberal bozos around here who are interested in buying.

[lonestar]

There's around six liberal bozos around here who are interested in buying.

I have an ocean front 2500sq ft 5 bedroom, three bath condo here in El Paso if we have 6 liberal morons wanting to spend money..

[lonestar]

Economy
Around the Nation: Obama's America

Barack Obama's Labor Department came to his rescue after Wednesday's debate debacle, announcing this morning that 114,000 jobs were added in September, and revising upward by 86,000 the numbers for July and August. The headline unemployment rate fell from 8.1 percent in August to 7.8 percent, a 44-month low.

October surprise!

A little digging, however, tells a far different story. For example, in order for the rate to drop 0.3 percentage points 31 days before a presidential election, 456,000 people would have had to either find work -- or drop out of the labor force. So what happened to 342,000 people?

Also, buried in this Associated Press dispatch is a notable caveat: "Still, many of the jobs added last month were part time. The number of people with part-time jobs who wanted full-time work rose 7.5 percent to 8.6 million." Indeed, the U-6 unemployment rate -- a better measure because it includes the underemployed and those who have given up -- remained unchanged at 14.7 percent. Though on the "bright" side, government unemployment is down from 5.7 percent in July to just 4.3 percent in September. In fact, the previous two months' upward revisions are entirely due to government employment.

more at
http://patriotpost.us/editions/14975#2

[lonestar]

For the Record
Math for manipulation

"Suspicion about the federal government's September jobs report has fallen on Secretary of Labor Hilda Solis, who appeared on CNBC [Friday] morning and defended the numbers from the Bureau of Labor Statistics (BLS), claiming -- falsely -- that upward revisions of 86,000 jobs were from the private sector. In fact, the new number is entirely accounted for by upward revisions to state and federal government payrolls. The BLS reported that while only 114,000 jobs were created in September -- which would have translated into a rise in unemployment from 8.1% to 8.2% -- the unemployment rate fell dramatically to 7.8%. That unusual drop is the fastest in nearly three decades, and was unexpected even in the rosiest predictions.

read more at..

http://patriotpost.us/editions/14984/

more Male Bovine Excrement fro nobamas admin..

[L.A. BRONCOS FAN]

^

"Patriotpost.us?"

L0L! :laugh:

Oh well - at least he's taking a break from breitbart.com.

[L.A. BRONCOS FAN]

https://sphotos-b.xx.fbcdn.net/hphotos-ash4/426369_541033079255541_315493957_n.jpg

[L.A. BRONCOS FAN]

Sorry, Mitt: GM to add 2,000 jobs in Michigan

FULL STORY: http://bit.ly/PjyQlm (http://www.facebook.com/l.php?u=http%3A%2F%2Fbit.ly%2FPjyQlm&h=GAQFA3OUTAQEDlnZpJFTB_IftEwGYL1KVblAty6bQ1V7x3Q&s=1)


https://sphotos-b.xx.fbcdn.net/hphotos-ash4/s480x480/320433_10151187732809255_795567935_n.jpg (https://www.facebook.com/photo.php?fbid=10151187732809255&set=a.416444264254.190398.43179984254&type=1&relevant_count=1&ref=nf)

[Jetmeck]

As I heard it lots of those hires were part time employees.. opposed to real jobs..

Wonder how many were old unemployment folks that ran out of eligibility..

I do not believe anything that comes out of washington under this corrupt administration..

they had 43 months to fix the problem and so far the best they can do is .2%..

Sorry Charlie.. that don't hunt..



So the labor dept is full of chit and their numbers don't line up but Romney 7 trillion in new tax cuts and defense spending does.

I am man enough to admit your guy won the debate on style, he was the better debater but his numbers don't add up.

Are you man enough to answer to those misleading trillions of dollars or are you some little punk with no integrity ?

[Bacchus]

So the labor dept is full of chit and their numbers don't line up but Romney 7 trillion in new tax cuts and defense spending does.

I am man enough to admit your guy won the debate on style, he was the better debater but his numbers don't add up.

Are you man enough to answer to those misleading trillions of dollars or are you some little punk with no integrity ?

There you go argueing with facts again.

[TonyR]

...they had 43 months to fix the problem...

Curiuos who this "they" is you refer to. Is it your understanding that it's the job of the POTUS to fix the econonmy and unemployment? All by himself?

I've got news for you. Unemployment (and underemployment) is going to remain considerably higher than normal for months, if not years.

[Requiem]

Whether they are seasonal, part-time or whatever -- I am sure the people who weren't working who now have something to get a little extra cash around the holidays are thankful for it.

[DBruleU]

Whether they are seasonal, part-time or whatever -- I am sure the people who weren't working who now have something to get a little extra cash around the holidays are thankful for it.

I'm sure they are, but that isn't the point. Point is those people want full time jobs and can't find them. This past jobs report further illustrates that. People are underemployed, or simply not looking anymore.

[barryr]

I'm sure they are, but that isn't the point. Point is those people want full time jobs and can't find them. This past jobs report further illustrates that. People are underemployed, or simply not looking anymore.

Of course with the rising gas prices, that assumes the people can afford to go anywhere and have money left over for the rising prices on everything else. The Obama campaign would rather worry about Big Bird though, which by the way, Sesame Street announced they want Obama and his team to stop using them in his campaign. Looks like Obama got bitch slapped by Big Bird too LOL

[Requiem]

I'm sure they are, but that isn't the point. Point is those people want full time jobs and can't find them. This past jobs report further illustrates that. People are underemployed, or simply not looking anymore.

There are plenty of jobs to be had for the taking in many states, especially the Midwest. Over 25,000+ jobs available on the SD and ND state job service websites, with a lot of them having promising pay (especially for this area) that would give them a good living out here. There are a lot of jobs that people aren't willing to take because they feel it is beneath them. Like working at a Turkey Plant here in my hometown. Turnover for whites there is extremely high, more than 75%, but the minorities in town are thankful for the work and are glad to have it. Starting pay out there is over 10 bucks an hour and it all comes with benefits. Some people are just too picky. Too bad. Grin and bear it. Take what you can get.

That is what I had to do in Colorado. I left a job that paid ~ 40K a year and had every benefit you could imagine (company paid roughly $550 monthly and I had full insurance coverage) and was doing extremely well for myself right out of school. That might not seem like a lot to you, but in North Dakota that is bomb! However, I wanted a change of scenery because the work I did in the legal field was mind-boggling stressful, which is just something I couldn't do with my auto-immune issues (stress is a casual relapse agent) so I moved to Colorado without knowing where I'd live or what I would do for work. I ended up getting seasonal work out there (living in Winter Park ~ actually outside of that, Tabernash) and got my ass kicked in pay and didn't receive any benefits. Had a gig in Denver lined up, but when my grandma got terminally ill, I said F it and came back to South Dakota. The job I have now is less than what I had after college, but much better than Colorado. I'm actually over-qualified for this position (my bosses words, not mine) -- but I told him I didn't care and would be thankful to have any work in this economy.

A lot of the people probably struggling to find work (as in recent graduates) more than likely don't have the skills or working experience to get the jobs they actually want, nor do they have good references. I think Garcia brought this up a while ago about how he found out that someone who he was looking to hire completely lied about his working history. I used to be of the mindset that having a college degree entitled me to a good job with good pay, but that was a horse**** mentality.

In this market, you take what you can get. If that means having 3 part-time jobs to pay the bills, that is what you have to do. I just count my lucky stars that I am not in that position. I think most all of us on here are very, very lucky and blessed.

[lonestar]

There you go arguing with facts again.


I saw no facts in his reply, merely blah blah blah for the bullet points y'all get daily..


fixed arguing for you.. and folks call me a dummy..

[lonestar]

Curiuos who this "they" is you refer to. Is it your understanding that it's the job of the POTUS to fix the econonmy and unemployment? All by himself?

I've got news for you. Unemployment (and underemployment) is going to remain considerably higher than normal for months, if not years.

the guy spent loads of money on his stimulus bills.. do not even want to know how much was wasted there..

I do know that another 150 millions was sent down another "green" rat hole..
$150 million in tax-payer funds were given to LG Chem in order to make batteries for the electric Chevy Volt and Ford Focus. Guess what has happened?

President Obama touted it in 2010 as evidence "manufacturing jobs are coming back to the United States," but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced.

Workers at the Compact Power manufacturing facilities in Holland, Mich., run by LG Chem, have been placed on rotating furloughs, working only three weeks per month based on lack of demand for lithium-ion cells.

The facility, which was opened in July 2010 with a groundbreaking attended by Obama, has yet to produce a single battery for the Chevrolet Volt, the troubled electric car from General Motors. The plant's batteries also were intended to be used in Ford's electric Focus.

and now I quote Romney "You don't pick the winners and losers. You just pick the losers."

[lonestar]

I'm sure they are, but that isn't the point. Point is those people want full time jobs and can't find them. This past jobs report further illustrates that. People are underemployed, or simply not looking anymore.

they get a little extra cash around the holidays are thankful for it.

typical liberal bull crap..

I believe most folks would rather have a real full time job..
Obviously that was post by one of those 47% gals/guys that has been on the dole so long they think a little extra is great..

[Requiem]

A real full time job, like being a failed car repair dude? Nice.

[lonestar]

Of course with the rising gas prices, that assumes the people can afford to go anywhere and have money left over for the rising prices on everything else. The Obama campaign would rather worry about Big Bird though, which by the way, Sesame Street announced they want Obama and his team to stop using them in his campaign. Looks like Obama got b**** slapped by Big Bird too LOL

I suspect they are worried that light that is shone on them especially with sesame street being a profitable center means cuts.. to the billions spent on PBS..

[Requiem]

Try 300 million, ya dip**** ****er.

[pricejj]

...

Cool story. I was wondering what the deal was with you moving to ND from CO. Glad you're happy. Do you have a lot of family in ND?

[L.A. BRONCOS FAN]

https://sphotos-b.xx.fbcdn.net/hphotos-ash4/425809_424689327590152_308063801_n.jpg

[Requiem]

Cool story. I was wondering what the deal was with you moving to ND from CO. Glad you're happy. Do you have a lot of family in ND?

I went to school in ND. I was born and raised in SD. I spent over 6 years in ND after HS. I moved back to South Dakota, that is where all my family is besides a few places like Arizona, Iowa and Minnesota. My grandma had terminal brain cancer and my family wanted me to come back home to help out with her final wishes. I got hired at the job I've talked to you a week before she died. That is why I am back here. To take care of business. Sometimes you have to put *your* life on hold to do stuff for others. Glad to be back here.

[TonyR]

the guy spent loads of money on his stimulus bills.. do not even want to know how much was wasted there..

You mean the stimulus that most economists say was a factor in keeping the economy from imploding? And the many economists say should have been larger? That stimulus? Oh, that's right, you're going to vote for the guy who's going to increase spending, decrease revenues, but has a magical plan he won't tell us about which will cut the deficit. All while riding a unicorn.

[BroncoInferno]

U.S. jobless claims fall to lowest in four and a half years

http://money.msn.com/business-news/article.aspx?feed=OBR&date=20121011&id=15660648

[DenverBrit]

U.S. jobless claims fall to lowest in four and a half years

http://money.msn.com/business-news/article.aspx?feed=OBR&date=20121011&id=15660648


Dammit, that Obama also rigged the jobless claims.

[lonestar]

Rut Ro. Me thinks that I was correct about officials that were appointed by obama were more concerned about keeping their jobs than seeking the truth.

How the hell could this happen.

Saw that also this morning. This is just getting stupid. After expectations of a rebound in initial claims from 367K last week (naturally revised higher to 369K), to 370K (with the lowest of all sellside expectations at 355K), the past week mysteriously, yet so very unsurprisingly in the aftermath of the fudged BLS unemployment number, saw claims tumble to a number that is so ridiculous not even CNBC's Steve Liesman bothered defending it, or 339K. Ironically, not even the Labor Department is defending it: it said that "one large state didn't report some quarterly figures." Great, but what was reported was a headline grabbing number that is just stunning for reelection purposes. This was the lowest number since 2008. The only point to have this print? For 2-3 bulletin talking points at the Vice Presidential debate tonight. Everything else is now noise.

It is also sad that the US "economy" has devolved to such trivial data fudging on a week by week basis, which makes even the Chinese Department of Truth appear amateurish by comparison. Needless to say, Not Seasonally Adjusted initial claims jumped by 26K to 327K in the past week but who's counting. Finally, what is the reason for ongoing QEternity if the employment situation is now back to normal. Finally, in completely ignored news, because who needs global trade when you have toner cartridge, and generally ink, the US trade deficit in August rose by 4.1% to $44.2 billion, on expectations of a deterioration to $44.0 billion. Then again nobody talks about the US trade deficit during presidential debates so all good here.

Read more here. http://www.zerohedge.com/news/2012-10-11/data-massaging-continues-initial-claims-tumble-339k-lowest-2008-far-below-lowest-exp

Does anyone now really believe that the morons in BLS did not THINK something was wrong or are they just that corrupt to think it would not come out until after the elections.

[lonestar]

Dammit, that Obama also rigged the jobless claims.

Looking more like that all the time. See above.

[DenverBrit]

Looking more like that all the time. See above.

These numbers have always been subject to revision, up or down....no matter who is in office.

Let's see which State didn't report which statistics. For now, it's just speculation and the impact unknown.

Edit: It looks like CA, the numbers will get revised next week, as usual.

[lonestar]

These numbers have always been subject to revision, up or down....no matter who is in office.

Let's see which State didn't report which statistics. For now, it's just speculation and the impact unknown.

Not speculation at all the BLS has confirmed it.

Read the articles that were quoted.

As for revisions absolutely but rarely on the scale that this will prove out to be.

[Pony Boy]

Just when the right tards were ready to celebrate Romney's total lack of substance winning debate performance. Truth is he didn't win chit because he lied about his tax plan and its on video. What's new he flips on everything.

But he was assertive and aggressive so he won ? Wrong............................................. .................................................. .


Don't let the jobs report get in your way.............have a great weekend !

Uh oh .......forgot to count California .............have a great weekend!

[lonestar]

Uh oh .......forgot to count California .............have a great weekend!

I'm guessing the silence from most will be deafening. Just as it is whenever they get embarrassed.

Iirc CA has historically had high numbers. And probably even higher numbers than average for those that have given up looking for work.

[DenverBrit]

Not speculation at all the BLS has confirmed it.

Read the articles that were quoted.

As for revisions absolutely but rarely on the scale that this will prove out to be.


The 'speculation' was which State and what impact.

As of this post, the specific State hasn't been identified. Therefore, speculation.

it said that "one large state didn't report some quarterly figures."

[Rohirrim]

https://sphotos-b.xx.fbcdn.net/hphotos-ash4/425809_424689327590152_308063801_n.jpg

It worked to perfection. Obama was in shock. It was as if he'd been tazed. Ha!