View Full Version : Jobless claims rise to four month high
Kaylore
10-18-2012, 07:13 AM
http://www.cnbc.com/id/49460659
Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors.
Interesting after Obama shows up for a debate the "real" numbers are released. Very interesting.
Obama's got nothing. His foreign policy is just "take what you want and we hope you'll like us" or nothing at all as in cases like North Korea and Africa. Domestically he's doubled the deficit and unemployment is the same as it was four years ago. What a joke.
Rohirrim
10-18-2012, 07:24 AM
http://www.cnbc.com/id/49460659
Interesting after Obama shows up for a debate the "real" numbers are released. Very interesting.
Obama's got nothing. His foreign policy is just "take what you want and we hope you'll like us" or nothing at all as in cases like North Korea and Africa. Domestically he's doubled the deficit and unemployment is the same as it was four years ago. What a joke.
Yep. Bush and his neocon cronies did a very thorough job of devastating this country.
I know! Let's elect a bunch more neocons! ;D
Kaylore
10-18-2012, 07:30 AM
Nice reply, Rohirrim. You've got nothing either, I see. Obama had both houses and a super-majority in the Senate for two years, and you guys are still saying "it's Bush's fault!"
Obama's new four point plan is so empty.
1. Tax the wealthy. We need more money! This also includes the Obamacare tax that will hid middle class.
2. Hire more teachers. - Really? I mean ok, I see where you're going, but how is this going to fix the economy?
3. More clean energy - Like the Millions wasted on Solydra? How about the fact that Obama is shutting down the Coal industry - even the clean burning ones.
4. Build Manufacturing - He hasn't explained this, and the media hasn't held his feet to the fire on it. It's generic and a throw-away statement.
Obama is a joke.
ant1999e
10-18-2012, 07:31 AM
Wow, what a surprising response. Bush, Bush, Bush. Never mind the last four years and the failures to CHANGE things for the better.
Kaylore
10-18-2012, 07:35 AM
Wow, what a surprising response. Bush, Bush, Bush. Never mind the last four years and the failures to CHANGE things for the better.
Change the subject at any cost!
Romney is Rich! Big Bird! Binders!
Is the left really proud of the dialogue they're creating? There are no answers from them. Just distractions. Pay no attention to that man behind the curtain.
barryr
10-18-2012, 07:35 AM
Yep, the liberal media is doing all it can to help Obama but looks like more and more people are thankfully seeing through the scam.
Not only is Obama's foreign policy a disaster, "hoping for the best" and making an apology tour is not much of a plan, but so is his energy plan.
Not allow the Keystone Pipeline, despite creating thousands of jobs in the process.
Not allowing offshore drilling by this country or putting so much restriction that no one can do it, but giving millions in tax dollars to Brazil so they can do it. I guess Brazil doing it somehow makes the environment better than if America did it and they don't really need any restrictions either to get the money from the U.S.
Then hoping, there's that word again, Brazil will turn around and sell the oil we funded back to us, while we wait in line behind China who buys it up.
Obama wants to keep throwing millions at "green energy" ideas even though they keep failing and companies going bankrupt.
In reality, this isn't about making the planet better or saving the Earth. This is all about making the U.S. weaker and totally dependent on others for our energy. Not to mention making this country go further and further in debt, like Obama's plans will do.
Those that blindly support Obama can't even see the road we are going is making everyone's standard of living poorer and for some, there isn't much room to go even lower without being on food stamps or going on disability. Just look at the record numbers of those right now and climbing.
And yes, even Obama supporters and their standard of living will drop too, but they will be the last to figure that out. Obama has that "d" by his name and that is all they see and worry about.
barryr
10-18-2012, 07:37 AM
Change the subject at any cost!
Romney is Rich! Big Bird! Binders!
Is the left really proud of the dialogue they're creating? There are no answers from them. Just distractions. Pay no attention to that man behind the curtain.
The big liberals supposed "gotcha" moment was Romney admitting he has more money invested in China than Obama, whom by the way, does too. Wow.
Rohirrim
10-18-2012, 07:39 AM
I don't know why people think that attacking Romney means the same thing as defending Obama. I guess people are so locked into the binary political model that you're either all one thing, or all another. Anyway, like I keep saying, no president could have fixed this destruction in one term. It could take twenty years, and that would be twenty years of prudent decisions and slow rebuilding. How many terms did it take for FDR to turn the Depression around. Three? And he was (mostly) unobstructed.
Since Congress refuses to take any action whatsoever, even that is not going to happen. The political stalemate has turned into an economic stalemate. The American people should be throwing every one of these bastards out on the street and starting over. Instead, they're probably going to elect another neocon and think that will fix things. :oyvey:
Anyway, Obama's monumental blunder was not in doing the stimulus and saving the banks. It was in not taking control of the banks, replacing their leadership, ending too-big-to-fail, and putting some of the thieves in jail. Unfortunately, many of those same thieves are probably now using their stimulus money to back Romney. Ha!
barryr
10-18-2012, 07:48 AM
I don't know why people think that attacking Romney means the same thing as defending Obama. I guess people are so locked into the binary political model that you're either all one thing, or all another. Anyway, like I keep saying, no president could have fixed this destruction in one term. It could take twenty years, and that would be twenty years of prudent decisions and slow rebuilding. How many terms did it take for FDR to turn the Depression around. Three? And he was (mostly) unobstructed.
Since Congress refuses to take any action whatsoever, even that is not going to happen. The political stalemate has turned into an economic stalemate. The American people should be throwing every one of these bastards out on the street and starting over. Instead, they're probably going to elect another neocon and think that will fix things. :oyvey:
Anyway, Obama's monumental blunder was not in doing the stimulus and saving the banks. It was in not taking control of the banks, replacing their leadership, ending too-big-to-fail, and putting some of the thieves in jail. Unfortunately, many of those same thieves are probably now using their stimulus money to back Romney. Ha!
Probably because those attacking Romney in turn, defend any and everything about Obama. Yeah, I know, that is really hard for you to comprehend why someone would see that. But you're one that spouts BS of supposedly looking to vote for someone other than Obama, yet you defend him at all costs and go after Romney with even made up crap drummed up by the Obama, rooting liberal media. Or like now, tame and timid criticisms of Obama that are few and far between, while personally attacking Romney about anything, including his dog that make up countless threads and posts. You fool know one. You're voting for Obama so pretending you are some unbiased observer just doesn't wash other to those others trying to do the same thing. Guys like you will spout this "oh, I will vote for someone else" but some obscure thing will suddenly make you "see the light" and gee, surprise I will vote for Obama again like in 2008 because he promises to feed his cat or something.
Rohirrim
10-18-2012, 07:53 AM
Yep, the liberal media is doing all it can to help Obama but looks like more and more people are thankfully seeing through the scam.
Not only is Obama's foreign policy a disaster, "hoping for the best" and making an apology tour is not much of a plan, but so is his energy plan.
Not allow the Keystone Pipeline, despite creating thousands of jobs in the process.
Not allowing offshore drilling by this country or putting so much restriction that no one can do it, but giving millions in tax dollars to Brazil so they can do it. I guess Brazil doing it somehow makes the environment better than if America did it and they don't really need any restrictions either to get the money from the U.S.
Then hoping, there's that word again, Brazil will turn around and sell the oil we funded back to us, while we wait in line behind China who buys it up.
Obama wants to keep throwing millions at "green energy" ideas even though they keep failing and companies going bankrupt.
In reality, this isn't about making the planet better or saving the Earth. This is all about making the U.S. weaker and totally dependent on others for our energy. Not to mention making this country go further and further in debt, like Obama's plans will do.
Those that blindly support Obama can't even see the road we are going is making everyone's standard of living poorer and for some, there isn't much room to go even lower without being on food stamps or going on disability. Just look at the record numbers of those right now and climbing.
And yes, even Obama supporters and their standard of living will drop too, but they will be the last to figure that out. Obama has that "d" by his name and that is all they see and worry about.
Nobody in the U.S. has any control over oil prices. Oil prices are a result of the global market. Keystone won't guarantee anything for the U.S. The oil will be sold on the global market. When it comes to oil, the U.S. is a price taker. Why can't you learn this simple fact? If Romney gets elected and opens every field in the U.S. totally free of regulation, you know what will happen? The oil companies will say, "Sorry, Mitt. It's not worth it for us to drill those fields right now. Too expensive." Which is the same thing they tell Obama. The jobs of the Keystone Pipeline would be temporary, the environmental hazard will be borne by the American people, and any profit will go to the oil companies, tax free. Well, not only tax free, but taxpayer subsidized as well. Great deal.
BroncoInferno
10-18-2012, 07:54 AM
I don't know why people think that attacking Romney means the same thing as defending Obama. I guess people are so locked into the binary political model that you're either all one thing, or all another. Anyway, like I keep saying, no president could have fixed this destruction in one term. It could take twenty years, and that would be twenty years of prudent decisions and slow rebuilding. How many terms did it take for FDR to turn the Depression around. Three? And he was (mostly) unobstructed.
Since Congress refuses to take any action whatsoever, even that is not going to happen. The political stalemate has turned into an economic stalemate. The American people should be throwing every one of these bastards out on the street and starting over. Instead, they're probably going to elect another neocon and think that will fix things. :oyvey:
Anyway, Obama's monumental blunder was not in doing the stimulus and saving the banks. It was in not taking control of the banks, replacing their leadership, ending too-big-to-fail, and putting some of the thieves in jail. Unfortunately, many of those same thieves are probably now using their stimulus money to back Romney. Ha!
Good post.
The reality is, the economy has improved in the last 4 years. When Obama came into office, the economy was hemmoraging 800,000 jobs a month. We've now had 31 straight months of job growth, 5.2 million job in total. That's improvement. Despite claims that Obama is bad for business, the stock market has doubled. That's an improvement. Big corporations are back to raking in record profits. The stimulus should have been bigger, but it nevertheless saved millions of jobs. The auto bailout saved thousands of jobs. Romney said he would have let them go bankrupt.
The right complains about bringing up Bush, but the reality is that no President gets to erase the chalkboard when he comes into office. It's completely fair to point what the starting point was in establishing context. Remember that little mini-recession that hit shortly after Bush first took office? The right said, "Hey, that's not his fault, what could he have done in just a few months to cause a recession!" And, you know what? There is definitely some truth there. But now they want to pin job losses on Obama that were happening before he even took office.
So, yeah, it's fair to bring up Bush in establishing a context for where the economy is now versus January 2009. And the reality is, it's gotten better by most economic factors. If it weren't the stated goal of the GOP to make sure Obama was a one-term President, we'd be even further along than we already are.
Anyway, the only "joke" is that dopes like Khan and barryr are going to vote for a guy who's just going to go back to neocon playbook that wrecked the economy to begin with.
Bronco Yoda
10-18-2012, 07:57 AM
According to CNN this morning
Brand new studies by the Tax Policy Center show, once again, that Mitt Romney's tax plan is mathematically impossible.
Am I the only one here concerned that even his bull**** doesn't add up?
TonyR
10-18-2012, 08:03 AM
The OP is a glutton for punishment! After getting obliterated in this thread http://www.orangemane.com/BB/showthread.php?t=108047&page=5
yesterday he comes back for more.
Lets's see if I have this straight:
You mention jobs. Althought the employment situation still sucks (and will continue to) and Obama/congress need to do better the economy was shedding jobs at a rapid rate when he took over and is now adding jobs.
You mention foreign policy. Most people who have a clue about such things (you clearly do not) think that Obama has done a pretty good job on this front. Meanwhile, Romeny wants to bring back the Bush/Cheney team who did their best to destroy the country. All of Europe overwhelmingly supports Obama. Romney wants to expand our presence and involvement in the middle east. Disaster waiting to happen.
You mention the deficit. The situation isn't good right now for various reasons, but the wars and the massive recession are certainly a huge part of it. Meanwhile, you support a guy who is suggesting we should reduce taxes below the already historically low levels they're at now. Keep in mind that the rates in effect now are the result of tempory rates passed by Bush and expanded by Obama in the face of this massive recession. Romeny/Ryan want to go even lower and increase defense spending, but won't give us a clue how they plan to pay for it. I've got news for you: this will explode the debt.
On the banking/Wall St. front, Romney/Ryan want to reduce regulations on the banks. So he wants to further empower the people and industry that just about destroyed our country. Makes sense, right?
I can understand dissatisfaction with Obama. I can understand not liking him or his politics. I can understand a lack of faith in him. But without taking a step back and realizing what a Romney/Ryan administration will very possibly mean for this country you're voting blindly.
Rohirrim
10-18-2012, 08:08 AM
Probably because those attacking Romney in turn, defend any and everything about Obama. Yeah, I know, that is really hard for you to comprehend why someone would see that. But you're one that spouts BS of supposedly looking to vote for someone other than Obama, yet you defend him at all costs and go after Romney with even made up crap drummed up by the Obama, rooting liberal media. Or like now, tame and timid criticisms of Obama that are few and far between, while personally attacking Romney about anything, including his dog that make up countless threads and posts. You fool know one. You're voting for Obama so pretending you are some unbiased observer just doesn't wash other to those others trying to do the same thing. Guys like you will spout this "oh, I will vote for someone else" but some obscure thing will suddenly make you "see the light" and gee, surprise I will vote for Obama again like in 2008 because he promises to feed his cat or something.
You're one of those "binary thinkers" I was talking about. I think Romney is a liar, a huckster, a flim flam man, and a snake oil salesman who has made a living by fleecing suckers. Obama is a guy trained in the law who would do better in the court system than as an executive. He rose up as a community organizer, which is an environment where coalitions come together and work toward common goals. That ethic is no longer in operation in our federal government.
What Obama needed was some of the ruthlessness of a TR or LBJ. He's too tame for the position and seems shocked that nobody wants to play nice. Still, he's ten times better for the job than Romney will ever be. All Romney wants is the glory, the power, and the tax breaks for his cronies and himself. That makes for very bad governance. I'm voting for Rocky Anderson of the Justice Party. His goals match mine. Obama's do not. However, I still find the notion of four more years of Obama's cautious incrementalism far less damaging for the country than four more years of the neocon extremism that Romney will bring back to the WH.
In my view, Romney/Ryan = Scorched Earth.
BroncoInferno
10-18-2012, 08:09 AM
You mention jobs. Althought the employment situation still sucks (and will continue to) and Obama/congress need to do better the economy was shedding jobs at a rapid rate when he took over and is now adding jobs.
According to Gallup, the unemployment rate is down to 7.3%: http://www.gallup.com/poll/158060/unadjusted-unemployment-mid-october.aspx
And before the righties claim Gallup is in the bag for Obama, note that they have Romney up in their likely voters poll 51%-45%. So, if they are in the bag for him, they are doing a poor job of it.
Meanwhile, Romeny wants to bring back the Bush/Cheney team who did their best to destroy the country.
As per your linked thread, Khan still won't explain why it isn't fair to wonder how much George Bush Romney has in him when he's got the same foreign policy team in place.
ant1999e
10-18-2012, 09:04 AM
I don't know why people think that attacking Romney means the same thing as defending Obama. I guess people are so locked into the binary political model that you're either all one thing, or all another. Anyway, like I keep saying, no president could have fixed this destruction in one term. It could take twenty years, and that would be twenty years of prudent decisions and slow rebuilding. How many terms did it take for FDR to turn the Depression around. Three? And he was (mostly) unobstructed.
Since Congress refuses to take any action whatsoever, even that is not going to happen. The political stalemate has turned into an economic stalemate. The American people should be throwing every one of these bastards out on the street and starting over. Instead, they're probably going to elect another neocon and think that will fix things. :oyvey:
Anyway, Obama's monumental blunder was not in doing the stimulus and saving the banks. It was in not taking control of the banks, replacing their leadership, ending too-big-to-fail, and putting some of the thieves in jail. Unfortunately, many of those same thieves are probably now using their stimulus money to back Romney. Ha!
Funny that this post is full of Obama defense or rather excuses. LOL
barryr
10-18-2012, 09:13 AM
Funny that this post is full of Obama defense or rather excuses. LOL
He seems to think he is fooling anybody with labeling others close minded while pretending to be open minded with who is voting for. It sure makes sense he deems Romney every name in the book and excuses Obama for everything, but oh, he might vote green, or plaid, or some other color. Yep, real believable. The liberals believe the economy is improving. You can't really debate or discuss with people who are that in blind love with Obama to believe such foolishness.
Irish Stout
10-18-2012, 09:28 AM
Funny that this post is full of Obama defense or rather excuses. LOL
We must not have read the same post... weird, you quoted what I read.
Kaylore
10-18-2012, 09:33 AM
Real unemployment is above 10%. Most of those people "back to work" are doing low paying, part time work or have just fallen off the payrolls and aren't counted anymore towards unemployment even though they don't have jobs.
Obama's answer to the economy is footstamps and Burger King.
ant1999e
10-18-2012, 09:41 AM
We must not have read the same post... weird, you quoted what I read.
Read it a little slower.
Irish Stout
10-18-2012, 09:51 AM
The jobs are the same as when he came in... this is true. He believed that the stimulus and the green jobs industry would create more work than they have. However, the economy by all other standards is back. The Dow has maintained one of its all time highest levels for about a year and corporate profits are at an all time high. The housing market is in a clear upswing and retail sales are being reported as high as well.
So... what should Obama do to help out jobs? His jobs bill sucked and got shut down, but what else can and should he do? Honestly.
Also, isn't there a concern about Romney's tax proposal increasing the deficit and further hurting jobs and the economy?
Neither guy, nor either of the policies are perfect. To argue otherwise is futile.
Irish Stout
10-18-2012, 09:54 AM
Read it a little slower.
I did, and the first part is a slight defense, equating Obama to FDR and the Depression.
The rest, not so much.
But, we both know Ro prefers Obama to Romney, so I can understand you interpreting it all as excuses and defenses.
TonyR
10-18-2012, 10:38 AM
Obama's answer to the economy is footstamps and Burger King.
And Romney's is.............what, exactly? Beyond platitudes?
You guys act like the Obama admin are the only ones who underestimated the severity of this downturn. A large majority of economists and Wall St. were also overly optimistic.
I think we all agree on this: things are bad and need to get better. Unfortunately there are no quick, easy fixes. This is going to take time no matter who or what. But blaming the severity of this downturn, and the slow recovery from it, all on Obama is silly. But, it does make people feel better to have someone/something to blame.
Traveler
10-18-2012, 11:22 AM
Nice reply, Rohirrim. You've got nothing either, I see. Obama had both houses and a super-majority in the Senate for two years, and you guys are still saying "it's Bush's fault!"
Obama is a joke.
Might want to fact check this quote. Another republican myth. He did have a super majority , but for only six months, not two years.
Traveler
10-18-2012, 11:25 AM
Obama's answer to the economy is footstamps and Burger King.
Kaylore, I thought you were above this sort of rhetoric. My mistake.
Traveler
10-18-2012, 11:40 AM
According to CNN this morning
Brand new studies by the Tax Policy Center show, once again, that Mitt Romney's tax plan is mathematically impossible.
Am I the only one here concerned that even his bull**** doesn't add up?
Bigger question is how so many people don't understand this. Or should I say refuse to accept the truth.
Is Obama perfect? No! But he's a much better option than Romney. For the life of me I can't understand why so many people don't see Romney for what he truly is.
Romney will blatantly, intentionally and continously lie and say whatever he feels what might get you to vote for him. His sense of entitlement is mind boggling. Why does he really want to become president? Surely folks can't think it's to help the middle class.
For those republicans duped into thinking he'll do any more for you than Obama already has, you better wake up. If you think the system is gamed now, wait till he gets finished. This man already has most everything anyone could ever want. He's greedy and doesn't /can't relate to those who aren't as fortunate as he is.
God help us all if he gets elected.
El Minion
10-18-2012, 12:07 PM
Bigger question is how so many people don't understand this. Or should I say refuse to accept the truth.
Is Obama perfect? No! But he's a much better option than Romney. For the life of me I can't understand why so many people don't see Romney for what he truly is.
Romney will blatantly, intentionally and continously lie and say whatever he feels what might get you to vote for him. His sense of entitlement is mind boggling. Why does he really want to become president? Surely folks can't think it's to help the middle class.
For those republicans duped into thinking he'll do any more for you than Obama already has, you better wake up. If you think the system is gamed now, wait till he gets finished. This man already has most everything anyone could ever want. He's greedy and doesn't /can't relate to those who aren't as fortunate as he is.
God help us all if he gets elected.
Low information voters and the Bubba vote (http://www.electoral-vote.com/evp2012/Pres/Maps/Oct18.html#item-6):
Region Obama Romney Margin
East 52% 48% Obama +4%
Midwest 52% 48% Obama +4%
South 39% 61% Romney +22%
West 53% 47% Obama +6%
Rohirrim
10-18-2012, 12:22 PM
Bigger question is how so many people don't understand this. Or should I say refuse to accept the truth.
Is Obama perfect? No! But he's a much better option than Romney. For the life of me I can't understand why so many people don't see Romney for what he truly is.
Romney will blatantly, intentionally and continously lie and say whatever he feels what might get you to vote for him. His sense of entitlement is mind boggling. Why does he really want to become president? Surely folks can't think it's to help the middle class.
For those republicans duped into thinking he'll do any more for you than Obama already has, you better wake up. If you think the system is gamed now, wait till he gets finished. This man already has most everything anyone could ever want. He's greedy and doesn't /can't relate to those who aren't as fortunate as he is.
God help us all if he gets elected.
Not only that, for the fiscal conservatives, Romney and his cronies at Bain almost bankrupted the company by doling out $200 million in sweetheart "loans" to each other. They then had to go renegotiate their loan with the bank or else they would have gone belly up. The FDIC knocked $10 million off the loan, essentially giving them a bail out. That's his idea of fiscal conservatism.
If Romney gets elected he'll walk away with pockets full of cash, like he always does, but the middle class will get ****ed...
with a 10 foot cactus covered with AIDS.
Rohirrim
10-18-2012, 12:23 PM
Funny that this post is full of Obama defense or rather excuses. LOL
You're so wrapped up in partisanship that you can't grasp a simple concept: Obama isn't so good. Romney will be ten times worse. See? Simple.
TonyR
10-18-2012, 12:43 PM
You're so wrapped up in partisanship that you can't grasp a simple concept: Obama isn't so good. Romney will be ten times worse. See? Simple.
This is basically what I've been trying to say as well. Several of us have laid out more than enough evidence of this. But we're not going to change their minds. The more their beliefs are challenged and disproved, the tighter they cling. I've seen how the powerful, pervasive right wing propaganda and rhetoric has poisoned many of my relatives, friends and collegues. They are totally bought in to the false caricature of Obama that has been crafted started before he was even elected. People are easily manipulated, even intelligent people, particularly during tough and uncertain times like we're going through now.
Irish Stout
10-18-2012, 12:55 PM
Kaylore, I thought you were above this sort of rhetoric. My mistake.
I thought so too. Until today, Kaylore had been level headed and reasonable, advocating for good spirited debate without the mudslinging.
What's up Kahn? You doing alright today?
Rohirrim
10-18-2012, 02:15 PM
I thought so too. Until today, Kaylore had been level headed and reasonable, advocating for good spirited debate without the mudslinging.
What's up Kahn? You doing alright today?
It's some kind of crazy Mormon ****. ;D
pricejj
10-18-2012, 02:34 PM
http://www.cnbc.com/id/49460659
Interesting after Obama shows up for a debate the "real" numbers are released. Very interesting.
Obama's got nothing. His foreign policy is just "take what you want and we hope you'll like us" or nothing at all as in cases like North Korea and Africa. Domestically he's doubled the deficit and unemployment is the same as it was four years ago. What a joke.
Good post. Obama is a joke. All he talks about is raising taxes. Other than that, the guy has no plan, except to fracture the country even further, on our way to bankruptcy.
Seriously, he makes me want to vomit every time I see him.
mhgaffney
10-18-2012, 03:14 PM
Nice reply, Rohirrim. You've got nothing either, I see. Obama had both houses and a super-majority in the Senate for two years, and you guys are still saying "it's Bush's fault!"
Obama's new four point plan is so empty.
1. Tax the wealthy. We need more money! This also includes the Obamacare tax that will hid middle class.
2. Hire more teachers. - Really? I mean ok, I see where you're going, but how is this going to fix the economy?
3. More clean energy - Like the Millions wasted on Solydra? How about the fact that Obama is shutting down the Coal industry - even the clean burning ones.
4. Build Manufacturing - He hasn't explained this, and the media hasn't held his feet to the fire on it. It's generic and a throw-away statement.
Obama is a joke.
Yeah Obama is a joke. But so are you.
Romney is what he is -- a corporate raider. He has no answers either. A vote for Romney is a vote for Goldman Sachs, Walmart and Raytheon.
The problem is that jerks like you don't understand what is happening in the US of A - -and has been happening for the last 30 years.
The financial elite run this country -- and have for many years. They like to stay out of the spotlight == but they are the real power nonetheless.
Obama was cultivated by the CIA from an early age -- to serve this same elite. Before him GW Bush, Clinton, Pappy Bush, Reagan, and Carter all did the same.
In fact, the last US president who took an independent stand against Wall Street - JFK -- was executed in broad daylight in front of the entire world. The hit was orchestrated by the CIA and implemented by the Chicago mob.
In 2001 virtually the same group of people staged a massive quote terrorist attack to curtail our civil liberties, funnel vast amounts of taxpayer monies in to the military industrial complex, and expand US imperialism around the world.
In both cases the guilty convinced dopes like you that someone else was responsible. I have simplified 9/11 here to make a point. It was more complex -- but was nonetheless a false flag.
Bottom line: We won't get an economic recovery under Romney (nor under Obama). Romney will lead the US into a major war within months of entering the White House. Why a war? Because the war machine requires continual wars to justify its existence.
The only chance to get our country back is via a peace revolution.
OCCUPY WALL STREET! OCCUPY AIPAC! OCCUPY CONGRESS! ETC.
MHG
http://www.cnbc.com/id/49460659
Interesting after Obama shows up for a debate the "real" numbers are released. Very interesting.
Obama's got nothing. His foreign policy is just "take what you want and we hope you'll like us" or nothing at all as in cases like North Korea and Africa. Domestically he's doubled the deficit and unemployment is the same as it was four years ago. What a joke.
You do realize this country was, before he took office, in it's biggest financial melt down it's ever seen. Honestly, I don't understand how some of you folks think you just snap your fingers and it's all better. And it wasn't just US financial meltdown, it's worldwide, which has it's affects here as well. I don't care who the hell was president the last 4 years, the smart and unbiased opinion is that it would not be all roses right now. It just doesn't work that way. You could have put Raegan, Bush, Clinton, hell anybody in there the last 4 years and things would not have been pretty, and that's the truth. I can respect peoples different political views but I can't respect when people are blind to realism. You may not agree with alot of what Obama has done but don't suggest anybody else who would have been in there would have had such a mess turned around. And nobody wants to hold Bush accountable for any of this mess. That's like a drunk driver crashing into somebody and killing them and saying the alcohol had nothing to do with. Cmon, get real.
Rohirrim
10-18-2012, 03:26 PM
Yeah Obama is a joke. But so are you.
Romney is what he is -- a corporate raider. He has no answers either. A vote for Romney is a vote for Goldman Sachs, Walmart and Raytheon.
The problem is that jerks like you don't understand what is happening in the US of A - -and has been happening for the last 30 years.
The financial elite run this country -- and have for many years. They like to stay out of the spotlight == but they are the real power nonetheless.
Obama was cultivated by the CIA from an early age -- to serve this same elite. Before him GW Bush, Clinton, Pappy Bush, Reagan, and Carter all did the same.
In fact, the last US president who took an independent stand against Wall Street - JFK -- was executed in broad daylight in front of the entire world. The hit was orchestrated by the CIA and implemented by the Chicago mob.
In 2001 virtually the same group of people staged a massive quote terrorist attack to curtail our civil liberties, funnel vast amounts of taxpayer monies in to the military industrial complex, and expand US imperialism around the world.
In both cases the guilty convinced dopes like you that someone else was responsible. I have simplified 9/11 here to make a point. It was more complex -- but was nonetheless a false flag.
Bottom line: We won't get an economic recovery under Romney (nor under Obama). Romney will lead the US into a major war within months of entering the White House. Why a war? Because the war machine requires continual wars to justify its existence.
The only chance to get our country back is via a peace revolution.
OCCUPY WALL STREET! OCCUPY AIPAC! OCCUPY CONGRESS! ETC.
MHG
Some things you post make sense, on occasion. But you just can't help yourself. Sooner or later, you just have to dive into that pool full of whackadoodle.
Rohirrim
10-18-2012, 03:29 PM
You do realize this country was, before he took office, in it's biggest financial melt down it's ever seen. Honestly, I don't understand how some of you folks think you just snap your fingers and it's all better. And it wasn't just US financial meltdown, it's worldwide, which has it's affects here as well. I don't care who the hell was president the last 4 years, the smart and unbiased opinion is that it would not be all roses right now. It just doesn't work that way. You could have put Raegan, Bush, Clinton, hell anybody in there the last 4 years and things would not have been pretty, and that's the truth. I can respect peoples different political views but I can't respect when people are blind to realism. You may not agree with alot of what Obama has done but don't suggest anybody else who would have been in there would have had such a mess turned around. And nobody wants to hold Bush accountable for any of this mess. That's like a drunk driver crashing into somebody and killing them and saying the alcohol had nothing to do with. Cmon, get real.
What makes this depression especially bad is that the jobs have flown too. And manufacturing. That's at the core of this disease. I wonder whatever happened to Buffet's idea of import certificates?
Arkie
10-18-2012, 04:34 PM
You mention jobs. Althought the employment situation still sucks (and will continue to) and Obama/congress need to do better the economy was shedding jobs at a rapid rate when he took over and is now adding jobs.
The reality is, poverty is at an all-time high, especially among the minorities. The length of unemployment is at an all-time high. The amount of able-bodied working-age people out of the workforce is at an all-time high. Food stamps have skyrocketed. Our population on food stamps was 20 million a decade ago, 30 million four years ago, and is now approaching 50 million. I don't think we've hit rock bottom yet even with a rising jobs percentage among our shrinking workforce.
elsid13
10-18-2012, 04:49 PM
The reality is, poverty is at an all-time high, especially among the minorities. The length of unemployment is at an all-time high. The amount of able-bodied working-age people out of the workforce is at an all-time high. Food stamps have skyrocketed. Our population on food stamps was 20 million a decade ago, 30 million four years ago, and is now approaching 50 million. I don't think we've hit rock bottom yet even with a rising jobs percentage among our shrinking workforce.
That what happens when you have economic collapse like we did. It took 10 years and World War to drag us out of the last economic disaster like this. The good thing is that the US had social safety nets in place and attempted to take some action before it really rolled off the cliff.
Rohirrim
10-18-2012, 06:12 PM
That what happens when you have economic collapse like we did. It took 10 years and World War to drag us out of the last economic disaster like this. The good thing is that the US had social safety nets in place and attempted to take some action before it really rolled off the cliff.
If the American people are dumb enough to elect Romney, I'm guessing that cliff is back in business.
frerottenextelway
10-18-2012, 06:15 PM
Gallup does UE too, and they just had a sharp drop to 7.3%. Anyone hoping the 7.8% was an outlier (the anti-Americans), is likely to be disappointed on Nov 2nd when the next official report is released.
Arkie
10-18-2012, 06:41 PM
Gallup does UE too, and they just had a sharp drop to 7.3%. Anyone hoping the 7.8% was an outlier (the anti-Americans), is likely to be disappointed on Nov 2nd when the next official report is released.
Anybody hopelessly suspecting the numbers are misleading could be very concerned Americans.
http://www.cnbc.com/id/49460659
Interesting after Obama shows up for a debate the "real" numbers are released. Very interesting.
Obama's got nothing. His foreign policy is just "take what you want and we hope you'll like us" or nothing at all as in cases like North Korea and Africa. Domestically he's doubled the deficit and unemployment is the same as it was four years ago. What a joke.
"Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors. "
Please pay attention to the facts in the **** you quote man.
This 46,000 is simply a correction from last week's largest drop in UE claims due to a reporting snag. The UE number is still heading down and actually accelerating on it's way down.
Real unemployment is above 10%. Most of those people "back to work" are doing low paying, part time work or have just fallen off the payrolls and aren't counted anymore towards unemployment even though they don't have jobs.
Obama's answer to the economy is footstamps and Burger King.
Good god. Take an economics class or something. "Real" unemployment, or U6, has been around and tracked for decades. No one every talked about it because it's a worthless number.
Those "under-employed" are taking up the jobs the actually unemployed should have. Therefore the number of jobs you need to meet healthy economic demand is not in any way related to U6, it's entirely tied to U3. You create good jobs that move the U6 delta into fully, adequately employed and their old jobs open up for truly unemployed people.
Further, the ratio between U6 and U3 now is the same as it pretty much always is, and U6 is always amplified during any kind of economic down turns, especially major ones.
Drumming up false charges about the unemployment rate like this is the product of a disingenuous or an uneducated mind, take your pick. Either way it's weak ****.
frerottenextelway
10-18-2012, 07:08 PM
Anybody hopelessly suspecting the numbers are misleading could be very concerned Americans.
Replace concerned with ignorant or stupid, and maybe..
Kaylore
10-18-2012, 08:41 PM
Everything I said is true. You guys are on here trumpeting the 7.whatever percent like it shows progress when it's just desperate people out of working both falling off the unemployment payrolls and then getting crappy jobs to feed their families. It's not rhetoric. I really wish it was, but its not. It's the truth. There are people really struggling out there and Obama hasn't done anything make it any better on a substantive level.
frerottenextelway
10-18-2012, 09:37 PM
Everything I said is true. You guys are on here trumpeting the 7.whatever percent like it shows progress when it's just desperate people out of working both falling off the unemployment payrolls and then getting crappy jobs to feed their families. It's not rhetoric. I really wish it was, but its not. It's the truth. There are people really struggling out there and Obama hasn't done anything make it any better on a substantive level.
-800,000 jobs a month to +150,000 a month. U choose.
lonestar
10-18-2012, 10:44 PM
Yeah Obama is a joke. But so are you.
Romney is what he is -- a corporate raider. He has no answers either. A vote for Romney is a vote for Goldman Sachs, Walmart and Raytheon.
The problem is that jerks like you don't understand what is happening in the US of A - -and has been happening for the last 30 years.
The financial elite run this country -- and have for many years. They like to stay out of the spotlight == but they are the real power nonetheless.
Obama was cultivated by the CIA from an early age -- to serve this same elite. Before him GW Bush, Clinton, Pappy Bush, Reagan, and Carter all did the same.
In fact, the last US president who took an independent stand against Wall Street - JFK -- was executed in broad daylight in front of the entire world. The hit was orchestrated by the CIA and implemented by the Chicago mob.
In 2001 virtually the same group of people staged a massive quote terrorist attack to curtail our civil liberties, funnel vast amounts of taxpayer monies in to the military industrial complex, and expand US imperialism around the world.
In both cases the guilty convinced dopes like you that someone else was responsible. I have simplified 9/11 here to make a point. It was more complex -- but was nonetheless a false flag.
Bottom line: We won't get an economic recovery under Romney (nor under Obama). Romney will lead the US into a major war within months of entering the White House. Why a war? Because the war machine requires continual wars to justify its existence.
The only chance to get our country back is via a peace revolution.
OCCUPY WALL STREET! OCCUPY AIPAC! OCCUPY CONGRESS! ETC.
MHG
I know where there is a sale on tin foil.. sounds like you need it.
lonestar
10-18-2012, 10:47 PM
Everything I said is true. You guys are on here trumpeting the 7.whatever percent like it shows progress when it's just desperate people out of working both falling off the unemployment payrolls and then getting crappy jobs to feed their families. It's not rhetoric. I really wish it was, but its not. It's the truth. There are people really struggling out there and Obama hasn't done anything make it any better on a substantive level.
they prefer to sing lalalalalalala with their hand over there eyes fingers in the ears..
Than realize that nobama has been blowing smoke up their asses for years..
I guess being a 47%ter is what they like and want..
L.A. BRONCOS FAN
10-19-2012, 02:11 AM
"Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors. "
Please pay attention to the facts in the **** you quote man.
This 46,000 is simply a correction from last week's largest drop in UE claims due to a reporting snag. The UE number is still heading down and actually accelerating on it's way down.
Good god. Take an economics class or something. "Real" unemployment, or U6, has been around and tracked for decades. No one every talked about it because it's a worthless number.
Those "under-employed" are taking up the jobs the actually unemployed should have. Therefore the number of jobs you need to meet healthy economic demand is not in any way related to U6, it's entirely tied to U3. You create good jobs that move the U6 delta into fully, adequately employed and their old jobs open up for truly unemployed people.
Further, the ratio between U6 and U3 now is the same as it pretty much always is, and U6 is always amplified during any kind of economic down turns, especially major ones.
Drumming up false charges about the unemployment rate like this is the product of a disingenuous or an uneducated mind, take your pick. Either way it's weak ****.
Wow!
Once again, Drek puts the epic smackdown on the usual cast of right-wing disinfo slingers.
Nice work! :thumbsup:
Everything I said is true. You guys are on here trumpeting the 7.whatever percent like it shows progress when it's just desperate people out of working both falling off the unemployment payrolls and then getting crappy jobs to feed their families. It's not rhetoric. I really wish it was, but its not. It's the truth. There are people really struggling out there and Obama hasn't done anything make it any better on a substantive level.
I'm not claiming you're spouting rhetoric. I'm saying you don't know what the **** you're talking about.
This is simple economics. U6 is worthless as an economic indicator and where U6 is at now is what any quality economist would predict if given the current U3 number. It is well in line with what U6 does during depressions and its still just as worthless now as it's always been with regards to how many jobs this country is actually running short on.
barryr
10-19-2012, 07:04 AM
I'm not claiming you're spouting rhetoric. I'm saying you don't know what the **** you're talking about.
This is simple economics. U6 is worthless as an economic indicator and where U6 is at now is what any quality economist would predict if given the current U3 number. It is well in line with what U6 does during depressions and its still just as worthless now as it's always been with regards to how many jobs this country is actually running short on.
Oh, but you do. Convenient there are always excuses for Obama, but those same ones magically go away when the topic is on someone else.
pricejj
10-19-2012, 08:36 AM
The reality is, poverty is at an all-time high, especially among the minorities. The length of unemployment is at an all-time high. The amount of able-bodied working-age people out of the workforce is at an all-time high. Food stamps have skyrocketed. Our population on food stamps was 20 million a decade ago, 30 million four years ago, and is now approaching 50 million. I don't think we've hit rock bottom yet even with a rising jobs percentage among our shrinking workforce.
Don't forget the extra $5T in debt, and zero interest rate policy, over the last four years...driving the price of commodities, real estate, food, gas, etc...through the roof.
Irish Stout
10-19-2012, 08:49 AM
Oh, but you do. Convenient there are always excuses for Obama, but those same ones magically go away when the topic is on someone else.
Pointing out facts is creating excuses for Obama. Got it.
Obama and the admin screwed the pooch on Libya (fact). Not sure how badly still... and thats part of the screw up (opinion + fact). Therefore the first sentence is an excuse for Obama and the second one is a wild deflection for Obama.
Smiling Assassin27
10-19-2012, 09:46 AM
http://www.cnbc.com/id/49460659
Interesting after Obama shows up for a debate the "real" numbers are released. Very interesting.
Obama's got nothing. His foreign policy is just "take what you want and we hope you'll like us" or nothing at all as in cases like North Korea and Africa. Domestically he's doubled the deficit and unemployment is the same as it was four years ago. What a joke.
california screwed/skewed the numbers last week and, lo and behold, the guy in charge of California's numbers/report is an...wait for it...OBAMA DONOR. in short, the lower claims last week paired with the figures this week equal 'MORE OF THE SAME' on the job front.
Arkie
10-19-2012, 10:38 AM
-800,000 jobs a month to +150,000 a month. U choose.
Put it in context or it's misleading. Are we losing 800,000 from the all-time high? Are we adding 150,000 from rock bottom? In both cases, are you using just one month to report those numbers? Bottom line, I choose the higher employment.
pricejj
10-19-2012, 11:48 AM
Put it in context or it's misleading. Are we losing 800,000 from the all-time high? Are we adding 150,000 from rock bottom? In both cases, are you using just one month to report those numbers? Bottom line, I choose the higher employment.
Exactly, and that's where Democrats get lost in the charade of trying to hide Obama's loss of 5 million jobs.
Net result - Less people are employed today, than there were four years ago...and THAT is scary.
Lost a manufacturing job paying $20/hour, and gained a job at McDonald's making $7/hour...great.
Not only that, companies have been shedding employees with benefits, like mad, in preparation for when Obamacare hits.
TonyR
10-19-2012, 12:14 PM
...Obama's loss...
LOL You are the very definition of a partisan hack. Unemployment, and housing values, and the economy in general were in freefall when Obama took office. The unemployment loss is no more Obama's than the stock market's 100% gain. It's funny how you lay the former at his feet, but won't give him credit for the latter.
Jetmeck
10-19-2012, 12:56 PM
http://www.cnbc.com/id/49460659
Interesting after Obama shows up for a debate the "real" numbers are released. Very interesting.
Obama's got nothing. His foreign policy is just "take what you want and we hope you'll like us" or nothing at all as in cases like North Korea and Africa. Domestically he's doubled the deficit and unemployment is the same as it was four years ago. What a joke.
Really ?
Thought you were brighter than this.
His foreign policy cleaned up one war your party created and killed Bin Laden that Bush should have done. He is getting us out of the other war your idiots started.
What would you like him to do with Iran ? Start another war ?
We have to work with the international community, we are not the worlds policeman.
Saying anything about a great foreign policy that has systematically fixed the republican **** ups shows your IGNORANCE AND HATRED of the man !
The real numbers are right there for all to see your HATRED OF THE GUY is blinding you to the fact they those job numbers were figured the same as all the rest.
New people asking for unemploynebt went down as well the week after last months job numbers came out.
Your despicable to bring up foreign policy and so hate the guy you will listen to far right BS on job numbers.
Anyone with a brain knows if the guy was gonna play with the numbers we would have done it long ago...................
Being a little biatch not getting your way on the job numbers, guess what those of us ion the real world are not gonna let you get your way on Nov.6th.
Your sad
Doubling the deficit, really ? Maybe he should have not spent a dime on stimlus like every president has done and maybe you would be UNEMPLOYED ?
Jetmeck
10-19-2012, 12:59 PM
Oh, but you do. Convenient there are always excuses for Obama, but those same ones magically go away when the topic is on someone else.
Heh ass clown................quit trying to call anyone out for anything.
You are the worst pot calling the kettle black in history.
Jetmeck
10-19-2012, 01:01 PM
Kaylore, I thought you were above this sort of rhetoric. My mistake.
I did too. The inside ass clown republican has emerged with their usual stupidity.
Seriously what kind of stupid does it take to bring up foreign policy ?
Maybe this ass clown wants another war ? That make you happy. ?
DBruleU
10-19-2012, 01:04 PM
Heh ass clown................quit trying to call anyone out for anything.
You are the worst pot calling the kettle black in history.
I honestly worry about your state of mind and health if Romney wins.
Jetmeck
10-19-2012, 01:08 PM
I honestly worry about your state of mind and health if Romney wins.
gOOD POINT, I ALMOST WENT OUT OF MY MIND WATCHING STUPID PEOPLE SUCH ASS YOURSELF PUT BUSH back in a second time.
Look at the mess we got so I was correct and you were wrong.
So your answer is to do the exact thing for a third time ?
Believe your mental health is actually in question here, not mine.
But thanks for the thought.
Honestly I am worried about my health and everyone else;s since Romney helath plan is go to the ER.
DBruleU
10-19-2012, 01:12 PM
gOOD POINT, I ALMOST WENT OUT OF MY MIND WATCHING STUPID PEOPLE SUCH ASS YOURSELF PUT BUSH back in a second time.
Look at the mess we got so I was correct and you were wrong.
So your answer is to do the exact thing for a third time ?
Believe your mental health is actually in question here, not mine.
But thanks for the thought.
Honestly I am worried about my health and everyone else;s since Romney helath plan is go to the ER.
LOL
You're a piece of work.
pricejj
10-19-2012, 03:37 PM
LOL You are the very definition of a partisan hack. Unemployment, and housing values, and the economy in general were in freefall when Obama took office. The unemployment loss is no more Obama's than the stock market's 100% gain. It's funny how you lay the former at his feet, but won't give him credit for the latter.
Wrong. I voted for Bill Clinton, but I would never vote for Obama.
Give Obama credit for what? Adding $5T to the debt? Devaluing the dollar? Causing healthcare prices to rise 23% in the last 4 years? Driving up the price of commodities and assets? Causing there to be less people employed today, then there were four years ago? Selling guns to Mexico? Attempting to start a gender war? Lying about Benghazi?
And you want people to be impressed that Bernanke has manipulated the stock market higher with QE1, QE2, and QE3, all while stealing money from the average saver with a zero interest rate policy?
Bravo. Mission accomplished.
L.A. BRONCOS FAN
10-19-2012, 04:15 PM
^
Looks like someone can recite the lies he hears from the right-wing echo chamber chapter and verse.
L.A. BRONCOS FAN
10-19-2012, 04:23 PM
Romney's 2nd, 3rd and 4th Biggest Debate Lies
by Dave Johnson (http://www.smirkingchimp.com/author/31) | October 18, 2012 - 9:16am
Earlier I pointed out Romney biggest debate lie: Obama did not "double the deficit" he cut it by almost 1/3 (http://ourfuture.org/blog-entry/2012104217/what-was-romneys-biggest-flatest-outest-debate-lie-obama-doubled-deficit). Here are three more big Romney debate lies.
1) Unemployment rate. Obama promised to bring unemployment down to 5.4%. This is another lie -- Obama never promised this. USA Today's Debate Fact Check (http://www.usatoday.com/story/news/politics/2012/10/16/the-fact-check-a-second-look-at-claims-on-jobs-education/1637861/) explains:Claim: Romney said Obama said unemployment would be 5.4% by now.
Facts: Two economists who would soon join the Obama administration issued a report in early January 2009 – before Obama's inauguration – predicting that an economic stimulus plan would prevent unemployment from rising above 8% and would push it down to about 5.4% by the third quarter of 2012. However, the economists underestimated the severity of the recession. Even without the stimulus, they forecast in that report that the jobless rate would be 5.9% by now.
Last year, the Commerce Department said the slump was far worse than it had estimated, with the economy contracting almost 9% in the fourth quarter of 2008 and 5.3% in the first quarter of 2009.
2. Number of People Working. ROMNEY: “We have fewer people working today than we had when the president took office.” The Nation explains, in Romney’s Seven Biggest Debate Lies (http://www.thenation.com/blog/170623/romneys-seven-biggest-debate-lies#),This is flatly false. The Bureau of Labor statistics just revised estimates from March 2011 to March 2012 upwards by 386,000 jobs—meaning that Obama crossed the magic imaginary barrier of net job creation for his term, and has actually created a net positive 125,000 jobs. This is a simple fact. And there have been 868,000 jobs created in the private sector during this time, which have been offset by public sector job losses—something Mitt Romney would like to see continue.
Moreover, this is an awful tough metric to judge Obama on in the first place. As he’s fond of mentioning, the economy was hemorrhaging 800,000 jobs a month when he took office—so holding him to a net job creation standard means he has to make up for those massive losses that were out of his control entirely. But he’s still done it.
This is so important to understand. When Obama took office we were losing more than 800,000 jobs per month. The stimulus completely turned that around. This chart says it all:
http://www.ourfuture.org/files/images/Job_Chart_Sept.jpg (http://www.ourfuture.org/files/images/Job_Chart_Sept.jpg)
When Romney talks about jobs lost under Obama, he is talking about the left side of that chart, when the country was still suffering from the Bush crash! And just look at the tremendous difference the stimulus made, just completely turning things around!
3. Half of College Kids Unemployed. ABC News, Debate Fact Check: The Presidential Debate (http://abcnews.go.com/Politics/OTUS/debate-fact-check-presidential-debate/story?id=17496703#.UH9bDcVwqSo) clears this one up,ROMNEY: With half of college kids graduating this year, without a college - excuse me - without a job and without a college level job, that's just not acceptable."
ABC's Z. Byron Wolf has the facts:
Youth unemployment is far lower than 50 percent.
... The unemployment rate for the young, just like it has more broadly, has fallen in the U.S. Back when the study was conducted, the unemployment rate for those from 20-24 was about 16 percent. In data for September (http://www.google.com/publicdata/explore?ds=z1ebjpgk2654c1_&met_y=unemployment_rate&idim=country:US&fdim_y=seasonality:S&dl=en&hl=en&q=unemployment+rates#%21ctype=l&strail=false&bcs=d&nselm=h&met_y=unemployment_rate&fdim_y=ages_code:20&fdim_y=seasonality:S&scale_y=lin&ind_y=false&rdim=country&idim=country:US&ifdim=country&tstart=1263099600000&tend=1347249600000&hl=en_US&dl=en&ind=false) it was 12.4 percent.
Zunaira Zaki adds...
The unemployment rate for college graduates with a bachelor's degree or higher was 6.3 percent in September, down from 8.1 percent at the same time last year.
Lie after lie after lie...
pricejj
10-19-2012, 06:06 PM
http://www.truthfulpolitics.com/images/private-sector-job-creation-by-president-political-party.jpg
It's funny how Obama supporter's only back to February 2010. Barack Obama has, in four years, accumulated more debt than any President in the history of the United States. What do we have to show for it?
TonyR
10-19-2012, 06:38 PM
Republicans howl that President Obama has exploded the size of federal government spending in his short tenure as President, and it is true that he has increased it. But President Bush actually increased federal spending by more than 2X as much as Obama has. So it is unfair to lay the explosion in spending at the feet of President Obama: Both presidents are responsible.
The increase in government spending, meanwhile, is actually NOT the only factor that has caused the deficit. The other factor--equally if not more important--is the fall-off in government revenue (tax receipts).
This second and larger factor can be blamed on two things: First, the Bush tax cuts, which reduced revenue, and, second, the weak economy, which reduced the incomes and capital gains upon which most federal taxes are based.
In the chart below, you can see what happened to both federal receipts (red line) and spending (blue line) over the past decade.
President Bush cut taxes in 2001 and 2003. These tax cuts hit federal revenue, while federal spending growth continued apace. This combination ballooned the deficit in the early years of the Bush presidency.
By the middle years of the Bush presidency, however, on the strength of the housing boom and strong economic growth (much of which now looks like a debt-fueled mirage), federal revenues began to grow rapidly. By 2007, in fact, the gap had almost closed.
But then the bottom fell out. The housing bubble burst, the financial crisis hit, and the economy plunged into recession. And then President Bush handed President Obama the worst recession in more than 70 years and left Obama to clean up the mess.
This recession clobbered federal revenues (tax receipts--red line), which have only just regained their 2007 bubble highs. President Obama's stimulus, meanwhile, helped add about $600 billion to federal spending (blue line). The combination of these two factors ballooned the deficit from $400 billion when President Bush left office to ~$1.3 trillion now.
Read the whole thing, and see the charts, here: http://www.businessinsider.com/us-budget-deficit-2011-7#ixzz29nbREga2
frerottenextelway
10-19-2012, 07:12 PM
41 states in on the cooking of the books, as that many states just reported UE dropping. Shame for the anti-American Nancies.
frerottenextelway
10-19-2012, 07:14 PM
Put it in context or it's misleading. Are we losing 800,000 from the all-time high? Are we adding 150,000 from rock bottom? In both cases, are you using just one month to report those numbers? Bottom line, I choose the higher employment.
It's the number from the first month to the most recent month, based approx on memory. Apples to apples.
TonyR
10-19-2012, 08:07 PM
...Causing there to be less people employed today, then there were four years ago?
LOL Obama "caused" unemployment? Let me guess, he also "caused" the housing bubble and massive recession that started well before he was in office as well. Right?
barryr
10-19-2012, 08:15 PM
LOL Obama "caused" unemployment? Let me guess, he also "caused" the housing bubble and massive recession that started well before he was in office as well. Right?
The housing bubble? Oh, you mean the thing that the liberal's idea of an economic genius Paul Krugman advocated back in 2001 and 2002, but then lied and denied when he saw the results of it? Obama has done what to help unemployment and the economy? Oh right, more people on Food Stamps helps, just as another liberal genius Pelosi stated it does. Maybe Obama can create more government jobs, like maybe a job where someone digs a hole and a job where someone immediately covers it back up. That would be the kind of progress we need.
pricejj
10-19-2012, 08:22 PM
LOL Obama "caused" unemployment? Let me guess, he also "caused" the housing bubble and massive recession that started well before he was in office as well. Right?
I thought you said that Bush was responsible for the housing bubble that Clinton started?
Obamacare has caused retail companies to eliminate an avalanche of full-time positions and replace them with part-time positions, just so they don't have to provide healthcare benefits.
barryr
10-19-2012, 08:30 PM
I thought you said that Bush was responsible for the housing bubble that Clinton started?
Obamacare has caused retail companies to eliminate an avalanche of full-time positions and replace them with part-time positions, just so they don't have to provide healthcare benefits.
But inconvenient facts like that get dismissed and pretend they don't exist.
lonestar
10-19-2012, 08:57 PM
But inconvenient facts like that get dismissed and pretend they don't exist.
hey folks, these morons do not want to know.. they have their heads so far up nobamas ass, listen to their liberal radio and tv shows and wait for their bullet points to arrive every morning..
nanana nanana nana
they do not want facts to get in the way of their stupidity..
Some of them are so angry with life not sure what they will do on the 10th of NOV.. after the dust settles..
barryr
10-19-2012, 09:59 PM
hey folks, these morons do not want to know.. they have their heads so far up nobamas ass, listen to their liberal radio and tv shows and wait for their bullet points to arrive every morning..
nanana nanana nana
they do not want facts to get in the way of their stupidity..
Some of them are so angry with life not sure what they will do on the 10th of NOV.. after the dust settles..
Instead they like to talk about Romney's wealth while we are to believe Obama lives on a fixed income and budget.
L.A. BRONCOS FAN
10-20-2012, 02:06 AM
Instead they like to talk about Romney's wealth while we are to believe Obama lives on a fixed income and budget.
::)
You're a one-man straw man construction machine.
No one has a problem with wealth.
It's the way RobMe accumulated his wealth that's despicable.
But I get it: Sycophants of the rich and shameless like you and your BF lonestar admire RobMe just because he's a white collar crook who got away with swindling people.
L.A. BRONCOS FAN
10-20-2012, 02:11 AM
Barack Obama has, in four years, accumulated more debt than any President in the history of the United States.
This lie has been discredited on numerous occasions.
Still, the denizens of Right-Wing Fantasy Island go on repeating it.
Your tactic mirror that of your candidate, i.e., tell so many lies it's impossible for your opponent to correct them all in real time.
TonyR
10-20-2012, 07:27 AM
I thought you said that Bush was responsible for the housing bubble that Clinton started?
If you can provide proof of me making such a statement please pass it along. But that will likely prove difficult for you since I never said any such thing.
pricejj
10-20-2012, 10:13 AM
If you can provide proof of me making such a statement please pass it along. But that will likely prove difficult for you since I never said any such thing.
Here is your very last post, where you attempted to blame Bush for Obama's horrendous spending record. Never mentioning that Bush inherited an economy in free-fall when he took office in 2001, then the bottom fell out of Clinton's housing bubble at the end of his term.
Unemployment, and housing values, and the economy in general were in freefall when Obama took office.
Wow. Now we're in 1.3% yearly growth (and shrinking). Obama's policies have utterly killed the natural recovery we would have had...as Bernake prints $80B per month to keep the economy afloat. Crack job.
mhgaffney
10-20-2012, 12:04 PM
What is the matter with you idiots? Wake up!
I read your posts and never cease to be amazed at your...I have to say it...stupidity.
I mean "you" collectively -- with a few exceptions.
You guys do not understand what is happening. The Repukes among you blame Obama and believe that things will be better with Romney.
Forget it. Ain't gonna happen.
The US of A is now following in the footsteps of the British in the twilight of their empire. Globalism is not new. The Brits pursued globalism -- then called free trade -- with a vengeance in the second half of the 19th century.
Same as now -- capital went abroad. The UK became a rust belt. The only beneficiaries were the merchant and banking classes that were closely allied with the crown.
That era of free trade ended in two world wars - -and we are moving in exactly the same direction, now.
Two hundred years ago our forefathers fought King George -- but the true power was the Bank of England -- today known as the City of London.
Over the last 100 years -- since the creation of the federal reserve system, the banking elite here in the US has slowly but surely increased its power. For at least the last 30 years it has controlled the US government.
We are right back where we started 200 years ago.
The two party system has failed us. The electoral process as we know it is rigged -- and controlled by the financial elite.
The only chance now to restore our economy and civil liberties is to do again what our forefathers did. We need a second American revolution.
MHG
The only chance now to restore our economy and civil liberties is to do again what our forefathers did. We need a second American revolution.
Against what? The financial system, i.e., Jews?
You've got the same sick Messiah complex that Hitler did.
nyuk nyuk
10-20-2012, 12:41 PM
Remember, folks!
Bush's bad = Obama's good.
Obama/Biden 2012, where backward is forward!
lonestar
10-20-2012, 12:48 PM
What is the matter with you idiots? Wake up!
I read your posts and never cease to be amazed at your...I have to say it...stupidity.
I mean "you" collectively -- with a few exceptions.
You guys do not understand what is happening.
The only chance now to restore our economy and civil liberties is to do again what our forefathers did. We need a second American revolution.
MHG
SAM's has tin foil on sale in the extra large economy size the 500 hundred foot roll.. sounds like you need a truck full..
Would think if there is not Sam's nearby Costco would have it also..
Arkie
10-20-2012, 05:24 PM
Against what? The financial system, i.e., Jews?
You've got the same sick Messiah complex that Hitler did.
This is getting old. Every time Gaff makes a post, you reply with some "Jew Hater" nonsense. I've never seen a post by Gaff that attacks Judaism. I've seen other posters attack Islam. I've seen you attack Christianity. Could you please provide me with just one quote from Gaff that attacks Judaism. Just one.