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barryr
02-18-2010, 04:34 PM
Thank goodness the economy is improving so much according to the left or who knows where things would be at. But keep that spending going, that'll surely bring down the debt, forget though that goes against even Economics 101.

Jobless Claims, Inflation Jump as Economy Wobbles
Published: Thursday, 18 Feb 2010 | 8:39 AM ET Text Size By: Reuters

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.

Initial claims for state unemployment benefits increased 31,000 to 473,000, the Labor Department said on Thursday. That compared to market expectations for 430,000.

Another report from the department showed prices paid at the farm and factory gate rose a faster than expected 1.4 percent from December after a 0.4 percent gain in December, as higher gasoline prices and unusually cold temperatures helped boost energy costs.

"When you have PPI moving up and still no progress in the jobs situation, that doesn't bode well for continued improvement in equity prices," said Alan Lancz, president at Alan B. Lancz & Associates in Toledo, Ohio.

http://www.cnbc.com/id/35457298

L.A. BRONCOS FAN
02-18-2010, 06:01 PM
Under Bush:

1) First net job loss since Hoover.

2) First modern admin with zero job growth.

Where was barryr with the "concern" about joblessness then?

And does barryr really think all those good jobs that were shipped overseas under his hero GeeDubya are coming back?

Bronx33
02-18-2010, 06:13 PM
I predict that excuse that will never end.

L.A. BRONCOS FAN
02-18-2010, 06:24 PM
I predict that the denial re: the effects of eight years of republi-con misrule will never end...

http://media3.washingtonpost.com/wp-dyn/content/graphic/2010/01/01/GR2010010101701.gif

http://www.washingtonpost.com/wp-dyn/content/article/2010/01/01/AR2010010101196.html?hpid=topnews

Dudeskey
02-18-2010, 06:25 PM
Under Bush:

1) First net job loss since Hoover.

2) First modern admin with zero job growth.

Where was barryr with the "concern" about joblessness then?

And does barryr really think all those good jobs that were shipped overseas under his hero GeeDubya are coming back?

****, man not just GW. Jobs were starting to get shipped overseas after NAFTA & GATT went through. I bet the ink hadn't even dried when the fatcat corporations started getting to work on that. Clinton helped sell us out too, man don't forget that!

L.A. BRONCOS FAN
02-18-2010, 06:43 PM
****, man not just GW. Jobs were starting to get shipped overseas after NAFTA & GATT went through. I bet the ink hadn't even dried when the fatcat corporations started getting to work on that. Clinton helped sell us out too, man don't forget that!

Yep, NAFTA was a bad idea, to say the least.

However, Clinton still managed 20% job growth on his watch.

Popcorn Sutton
02-18-2010, 07:03 PM
Thank goodness the economy is improving so much according to the left or who knows where things would be at. But keep that spending going, that'll surely bring down the debt, forget though that goes against even Economics 101.

Jobless Claims, Inflation Jump as Economy Wobbles
Published: Thursday, 18 Feb 2010 | 8:39 AM ET Text Size By: Reuters

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.

Initial claims for state unemployment benefits increased 31,000 to 473,000, the Labor Department said on Thursday. That compared to market expectations for 430,000.

Another report from the department showed prices paid at the farm and factory gate rose a faster than expected 1.4 percent from December after a 0.4 percent gain in December, as higher gasoline prices and unusually cold temperatures helped boost energy costs.

"When you have PPI moving up and still no progress in the jobs situation, that doesn't bode well for continued improvement in equity prices," said Alan Lancz, president at Alan B. Lancz & Associates in Toledo, Ohio.

http://www.cnbc.com/id/35457298

This is certainly not a good sign for any of us. However, you know full well there will be down months and there will be up months. You also know full well that this time last year, the US was losing 750,000 jobs a month. The sad truth of it all is you really don't care about job loss and what a dire situation this country has been in since early 2007. All you care about is trying to save face for the absolute disaster of a President we had over the previous 8 years because it fits into your political agenda.

Really, don't lecture us about Economics 101. Bush had plenty of advisers and people in his party telling him that tax cuts during war and a time of increased spending was a bad idea and he did it anyway. Now here we are several years later and no real sign of recovery or economic growth resulting from the cuts.

Go ahead, keep focusing on trashing the current administration who has had realistically a little less than a year of policy to try and turn around a country and economy in a free fall. Or, are you so ignorant that you think the first few months of the Obama administration was his fault too?

Seriously, when are you going to ask why the frivolous tax cuts are going to do some good in this country? When are the tax cuts that favored the rich going to trickle down to the rest of us? It's been several years now and nothing but increased deficit and debt. Yet, all you can do is focus on a President and administration that has only been in office for a year.

Pitiful.

Rigs11
02-18-2010, 07:30 PM
Rightards like barryr do seem to be cheerleading every time something bad gets posted. Yet as usual don't have the balls to admit that this mess was dubyas or the smarts to realize that it will take more than one year to fix.

baja
02-18-2010, 10:27 PM
Thank goodness the economy is improving so much according to the left or who knows where things would be at. But keep that spending going, that'll surely bring down the debt, forget though that goes against even Economics 101.

Jobless Claims, Inflation Jump as Economy Wobbles
Published: Thursday, 18 Feb 2010 | 8:39 AM ET Text Size By: Reuters

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.

Initial claims for state unemployment benefits increased 31,000 to 473,000, the Labor Department said on Thursday. That compared to market expectations for 430,000.

Another report from the department showed prices paid at the farm and factory gate rose a faster than expected 1.4 percent from December after a 0.4 percent gain in December, as higher gasoline prices and unusually cold temperatures helped boost energy costs.

"When you have PPI moving up and still no progress in the jobs situation, that doesn't bode well for continued improvement in equity prices," said Alan Lancz, president at Alan B. Lancz & Associates in Toledo, Ohio.

http://www.cnbc.com/id/35457298

Dude you are standing knee deep in a barrel of shiit and you are arguing who filled it up. Isn't that missing the point?

Elway777
02-19-2010, 12:17 AM
Right wingers have put the United States in its worst finanal shape since the great depression . Massive spending on two wars plus the deregulation of our finnancial system have cripple our economy. Obama pretty much save the United States from going into a depression . Right wingers have blocked all effects in improve the economy and have even said they would rather the United States go unto a depression rather then helping Obama.

Popcorn Sutton
02-19-2010, 07:19 AM
The question I have is hypothetical but one that I'd be real curious to hear about from barryr and others.

Say McCain won the Presidency with the fact that the Congressional Budget Office predicted 1.3 trillion dollar deficits prior to any President coming into office in 2009. As well as, job losses in the 750K per month range, imminent bank failures including but not limited to some of the largest banks in the world not to mention one of the largest insurance companies in the world (AIG). GM facing bankruptcy, the need for a surge in spending in Afghanistan, the still looming mortgage crisis and so on.

Given these factors: Where do you suppose the country would be with McCain as President? Please, I just want to know how you really feel on this topic. No need to take jabs on either side here. Just state your opinion on what would have been different and how that would have made things better or worse. Do you believe that another round of tax cuts (which we hear about every day from Republican politicians) would have done a better job getting us out of the very large recession that started in early 2007?

A follow up question: The Bush Administration cut taxes 3 times favoring the rich by percentage. I'm assuming that Reaganomics is in play when they cuts taxes like they did. So the follow is, do you believe that we have seen any sort of trickle down in the private sector from the 1.7 trillion dollars in tax cuts during the Bush Administration?

I hope to gain some insight. I guess we'll see how this goes...

TailgateNut
02-19-2010, 07:28 AM
I predict that excuse that will never end.

Hey Dumbass, the job market went to **** while your hero was the dictator. So you can whine all you want about others pointing out that he was the worst thing to happen to the US since Pearl Harbor.
He was a walking/ talking disaster.

TheDave
02-19-2010, 08:28 AM
Dude you are standing knee deep in a barrel of shiit and you are arguing who filled it up. Isn't that missing the point?

Just wanted to quote this in hopes that some people might read it again!

Blart
04-29-2013, 04:06 PM
BUMP!

Rand Paul tried to warn us. Milk would be $12 a gallon after Obama's stimulus. Gold would be $10,000 an ounce. ZIMBABWE-STYLE INFLATION YOU GUYS!!!

INFLATION!

INFLAAAATIOOON

http://graphics8.nytimes.com/images/2013/04/29/opinion/042913krugman3/042913krugman3-blog480.png

El Minion
04-30-2013, 11:00 AM
Three years in from OP, why face reality when delusion can be bliss. I love this old bumps from the conservative doomsayers, proving them wrong is so delicious :yayaya:

http://iowadefense.files.wordpress.com/2011/02/the-sky-is-falling.jpg

barryr
04-30-2013, 11:34 AM
Yes, the most people on food stamps and disability in the history of this country and this is considered progress. Obama is the man.

DenverBrit
04-30-2013, 11:58 AM
So why aren't business hiring? They are sitting on record amounts of cash, the markets have hit all time highs and the wealthy have never been so.....wealthy!!

So it's all Obama's fault?

Not Congress? Not corporations? Not the 'job creators'?
Not the evolution of technology? Not a shortage of qualified candidates?
Not the increase in productivity? Not the political gridlock and uncertainty?

Why isn't unemployment dropping??

Rigs11
05-01-2013, 01:27 PM
So why aren't business hiring? They are sitting on record amounts of cash, the markets have hit all time highs and the wealthy have never been so.....wealthy!!

So it's all Obama's fault?

Not Congress? Not corporations? Not the 'job creators'?
Not the evolution of technology? Not a shortage of qualified candidates?
Not the increase in productivity? Not the political gridlock and uncertainty?

Why isn't unemployment dropping??

As obama said, he's not the young muslim socialist he used to be. Also I remember all the doomsday rightards and their inflation doomsday scenarios.

El Minion
05-02-2013, 10:05 AM
Hilarious! To the OP :yayaya:

Jobless claims fall to 5-year low
(http://money.cnn.com/2013/05/02/news/economy/unemployment-benefits/index.html?hpt=hp_t2)By Annalyn Kurtz @AnnalynKurtz May 2, 2013: 9:46 AM ET

http://i2.cdn.turner.com/money/dam/assets/130502083759-jobless-claims-050213-620xa.png
After rising as high as 670,000 during the jobs crisis, weekly jobless claims are at less than half that level.
NEW YORK (CNNMoney)

First-time claims for unemployment benefits fell to their lowest level in five years last week, signaling fewer layoffs in the economy.

About 324,000 people filed initial claims, the Labor Department said Thursday. The report was better than expected on all accounts. Economists were anticipating an increase in claims, but instead, the report showed claims had declined by 18,000 from the prior week, marking the lowest level since January 2008.

The weekly figures can be choppy, so economists often prefer to look at a four-week moving average to smooth out the volatility. That figure also declined.

The claims figures are considered a good gauge of layoffs and provide the first look at how the U.S. job market fared in any given month. During the height of the jobs crisis in 2009, claims had surged as high as 670,000 a week.

Layoffs are now back at pre-recession levels, consistent with normal churn in the job market, but hiring of new employees still remains sluggish.

A separate report, released Wednesday, showed businesses were hesitant to hire new workers in April. They added 119,000 jobs, marking the weakest month for hiring since September, according to payroll processor ADP.

The Labor Department's official jobs report is scheduled to be released Friday morning. The U.S. economy added an average of 159,000 jobs each month over the last year, and so far, it looks like April fell in line with that modest pace of hiring.

Economists surveyed by CNNMoney are expecting the report to show the economy added 140,000 jobs in April, up from 88,000 in March. They're expecting the unemployment rate to remain at 7.6%.

As of March, about 11.7 million people were still counted as unemployed. Not all of them are receiving unemployment benefits, though. About 3 million people filed for their second week or more of unemployment benefits during the week of April 20 -- the most recent data available.

houghtam
05-02-2013, 10:16 AM
So why aren't business hiring? They are sitting on record amounts of cash, the markets have hit all time highs and the wealthy have never been so.....wealthy!!

So it's all Obama's fault?

Not Congress? Not corporations? Not the 'job creators'?
Not the evolution of technology? Not a shortage of qualified candidates?
Not the increase in productivity? Not the political gridlock and uncertainty?

Why isn't unemployment dropping??

I dunno I was always told if we just allow corporations to make as much money as they can without any regulation, that the money would trickle down, so there must be some other excuse. My guess is it was a democrat. Porbably Obama, but possibly Carter or Clinton or maybe Pelosi.

Rigs11
05-03-2013, 10:39 AM
The U.S. economy seemed to be headed for a spring slowdown this year. Then the April jobs report was released Friday morning, and now some economists are doing a double-take.

The economy added 165,000 jobs in April, according to the Labor Department. That was more than the 140,000 jobs economists expected, and it marked an improvement over March.

The even bigger story, though, came from large revisions to earlier numbers. It's a common practice for the Labor Department to revise its data for the two prior months, and this time, those revisions showed an additional 114,000 jobs were added in the U.S. economy over February and March alone.

Previously, March hiring had looked particularly weak, with only 88,000 jobs added that month. Now, the Labor Department says 138,000 jobs were added in March.

February job growth, which had already looked solid, now looks even stronger. About 332,000 jobs were added in February, making it the strongest month for hiring since the Census hired temporary workers in 2010.

http://money.cnn.com/2013/05/03/news/economy/april-jobs-report/?hpt=hp_t2

Rohirrim
05-03-2013, 11:33 AM
Service jobs boom: The strongest job growth in April came from restaurants and bars, which added 38,000 jobs; temporary services, which added 31,000 jobs; and retailers, which added 29,000 jobs. On the flip side, the government is now the biggest drag on the job market. Overall, federal, state and local governments cut 11,000 jobs in April.

The bigger picture, however, remains static. About 11.7 million people remain unemployed, and the unemployment rate fell to 7.5% in April, but that's still high compared to historical levels. Before the recession hit, the unemployment rate was 4.5%.

**** jobs. That's what America can create now.

El Minion
05-03-2013, 12:05 PM
http://thisfragiletent.files.wordpress.com/2013/02/trickle-down-economics.jpeg

Arkie
05-03-2013, 12:08 PM
Inflation is happening. I talk to the manager at the Farmer's Exchange every week. Last week, he said the prices on his shipments are going up weekly. Feed, seed, supplies are all going up faster than usual. This means the rest of us will be affected by it soon.

Blart
05-04-2013, 12:21 AM
Inflation is happening. I talk to the manager at the Farmer's Exchange every week. Last week, he said the prices on his shipments are going up weekly. Feed, seed, supplies are all going up faster than usual. This means the rest of us will be affected by it soon.

Keep buyin that gold, Ron Paul!

El Minion
08-02-2013, 01:18 PM
From US Department of Labor:

THE EMPLOYMENT SITUATION —JULY 2013 (http://www.bls.gov/news.release/pdf/empsit.pdf)

Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged down to 7.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade, food services and drinking places, financial activities, and wholesale trade.

baja
08-02-2013, 01:36 PM
From US Department of Labor:

THE EMPLOYMENT SITUATION —JULY 2013 (http://www.bls.gov/news.release/pdf/empsit.pdf)

Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged down to 7.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade, food services and drinking places, financial activities, and wholesale trade.red

barryr
08-03-2013, 09:00 PM
red

The Obama boneheads actually think all those off the unemployment books all got jobs LOL They need to buy a clue. Most jobs today being available are service jobs and/or part-time jobs and this is evidence of Obama's polices being a success double LOL LOL

L.A. BRONCOS FAN
08-09-2013, 08:28 PM
L0L @ Fox News lemmings like barryr pretending to care about jobs. :laugh:

https://fbcdn-sphotos-f-a.akamaihd.net/hphotos-ak-ash4/999745_10151602141451094_95439038_n.jpg

http://bit.ly/14cKFe4

B-Large
08-10-2013, 07:07 AM
So why aren't business hiring? They are sitting on record amounts of cash, the markets have hit all time highs and the wealthy have never been so.....wealthy!!

So it's all Obama's fault?

Not Congress? Not corporations? Not the 'job creators'?
Not the evolution of technology? Not a shortage of qualified candidates?
Not the increase in productivity? Not the political gridlock and uncertainty?

Why isn't unemployment dropping??

There is no easy money asset boom that benefits all Americans, that is why the economy continues to limp along. Yes, QE helps institutional investors which benefits any American with a 401k, but an increase in a qualified plan people can't touch till 59 1/2 doesn't make people flush now.

Think about our last 2 boom cycles. Easy money and heated rush into Tech sector, and EVERYBODY was rushing in and felt flush with cash... They spend, the economy booms, people are hired, is all good... Then it crashes... Then comes super low interest rates and the Ownership Society... Housing creates and instant easy cash boom as people take money out of their homes like it is no different than earned income.. And why not, housing prices will go up forever!! Until they don't...

So what next, that's the question... Energy? Maybe. It is not Green Energy, still not economically viable. It's not a bright outlook, without easy money and big time consumer enthusiasm for spending, we will be stuck. To me, the Obama term has been about the fallout of 2 boom cycles, a period of deleveraging by Americans with regards to homes and credit, a period where companies clean up balance sheets and cut and fat in their workforce and remain skiddish about hiring on anybody when the current workforce can do more with less...

Honestly, I think hyper partisanship in Government has really screwed all Americans.... Compromises on simplifying the tax code, safety net reforms, immigration reform and a strong plan to tame long term debt would go a LNG way to give people confidence that government can get stuff done...

barryr
08-10-2013, 08:20 AM
The so intelligent Obama doesn't know how many states there are and which cities have ports either. You'd think if he was going to make this an issue in regards to jobs, he would at least brush up on it, but he knows he has most of the media's help and protection. But I know, it's racist to question Obama's intelligence, but when liberals do so with black conservatives, that's different. Oh, and it's the "Panama Canal" Obama. Geez.

Q. You mentioned infrastructure. Why is that a partisan issue? I live in a town, the bridge is falling apart, it’s not safe. How does that become Republican or Democrat? How do you not just fix the bridge? (Laughter and applause.)

THE PRESIDENT: I don't know. As you know, for the last three years, I’ve said, let’s work together. Let’s find a financing mechanism and let’s go ahead and fix our bridges, fix our roads, sewer systems, our ports. The Panama is being widened so that these big supertankers can come in. Now, that will be finished in 2015. If we don't deepen our ports all along the Gulf — places like Charleston, South Carolina, or Savannah, Georgia, or Jacksonville, Florida — if we don't do that, those ships are going to go someplace else. And we’ll lose jobs. Businesses won’t locate here.

http://newsbusters.org/blogs/tom-blumer/2013/08/07/aps-russ-bynum-covers-obamas-gulf-ports-gaffe

W*GS
08-10-2013, 08:22 AM
There's a log in your eye.

DenverBrit
08-11-2013, 11:00 AM
There is no easy money asset boom that benefits all Americans, that is why the economy continues to limp along. Yes, QE helps institutional investors which benefits any American with a 401k, but an increase in a qualified plan people can't touch till 59 1/2 doesn't make people flush now.

Think about our last 2 boom cycles. Easy money and heated rush into Tech sector, and EVERYBODY was rushing in and felt flush with cash... They spend, the economy booms, people are hired, is all good... Then it crashes... Then comes super low interest rates and the Ownership Society... Housing creates and instant easy cash boom as people take money out of their homes like it is no different than earned income.. And why not, housing prices will go up forever!! Until they don't...

So what next, that's the question... Energy? Maybe. It is not Green Energy, still not economically viable. It's not a bright outlook, without easy money and big time consumer enthusiasm for spending, we will be stuck. To me, the Obama term has been about the fallout of 2 boom cycles, a period of deleveraging by Americans with regards to homes and credit, a period where companies clean up balance sheets and cut and fat in their workforce and remain skiddish about hiring on anybody when the current workforce can do more with less...

Honestly, I think hyper partisanship in Government has really screwed all Americans.... Compromises on simplifying the tax code, safety net reforms, immigration reform and a strong plan to tame long term debt would go a LNG way to give people confidence that government can get stuff done...

I especially agree with the 'bolded' sentence.

DenverBrit
08-11-2013, 11:06 AM
The so intelligent Obama doesn't know how many states there are and which cities have ports either. You'd think if he was going to make this an issue in regards to jobs, he would at least brush up on it, but he knows he has most of the media's help and protection. But I know, it's racist to question Obama's intelligence, but when liberals do so with black conservatives, that's different. Oh, and it's the "Panama Canal" Obama. Geez.

Q. You mentioned infrastructure. Why is that a partisan issue? I live in a town, the bridge is falling apart, it’s not safe. How does that become Republican or Democrat? How do you not just fix the bridge? (Laughter and applause.)

THE PRESIDENT: I don't know. As you know, for the last three years, I’ve said, let’s work together. Let’s find a financing mechanism and let’s go ahead and fix our bridges, fix our roads, sewer systems, our ports. The Panama is being widened so that these big supertankers can come in. Now, that will be finished in 2015. If we don't deepen our ports all along the Gulf — places like Charleston, South Carolina, or Savannah, Georgia, or Jacksonville, Florida — if we don't do that, those ships are going to go someplace else. And we’ll lose jobs. Businesses won’t locate here.

http://newsbusters.org/blogs/tom-blumer/2013/08/07/aps-russ-bynum-covers-obamas-gulf-ports-gaffe

Your point is that Obama left out 'canal'.....an odd omission..... or that his statement (underlined) is incorrect?

L.A. BRONCOS FAN
08-15-2013, 11:06 AM
http://www.bartcop.com/walmart-family-ceo.jpg

B-Large
08-15-2013, 12:39 PM
http://www.bartcop.com/walmart-family-ceo.jpg

Yet the filthy parking lots are always filled with people who couldn't care less about quality, all they want is super cheap. Sad, really.

El Minion
05-02-2014, 02:09 PM
Economy adds 288,000 jobs; unemployment rate lowest since 2008 (http://www.latimes.com/business/money/la-fi-mo-jobs-unemployment-labor-department-20140502,0,6314315.story#ixzz30agKbdwG)

Jim Puzzanghera
May 2, 2014, 6:02 a.m.

Reporting from Washington—

Hiring surprisingly surged last month as the economy added 288,000 net new jobs -- the best performance in more than two years -- and the unemployment rate dropped to 6.3%, its lowest level since September 2008, the Labor Department said Friday.

Job-creation figures for February and March were also revised upward by a combined 36,000, meaning the economy has added a monthly average of about 214,000 positions this year. The revised figure for March was 203,000.

Economists had expected a more modest pickup, with the economy adding 215,000 net new jobs in April and the unemployment rate dropping just a tenth of a percentage point to 6.6%.

The last time the economy added more jobs than last month was in January 2012.

Job growth slowed during the winter as unusually harsh weather took a toll on the economy. The Commerce Department said this week that the economy expanded at just a 0.1% annual rate in the first three months of the year.

Some of April's large jobs growth was the labor market catching up from the winter slowdown, said Bart van Ark, chief economist at the Conference Board.

"But that is only one part of the story," he said. "Indeed, the more important part is that the economy has been gathering strength for some time. "

He predicted continued strong job growth through the spring and maybe into the summer.

The private sector added 273,000 net new jobs in April and government added 15,000.

The large drop in the unemployment rate -- to 6.3% in April from 6.7% the previous month -- came in part because of people dropping out of the workforce. The labor force participation rate fell to 62.8%, from 63.2% in March, after three months of gains.

The April jobs report came amid mixed signs about the strength of the economy in a year most economists had predicted growth would accelerate.

Consumer spending jumped by 0.9% in March, the best performance since 2009 and a surge that should have helped spur job creation last month.

But initial claims for unemployment benefits rose last week to a two-month high of 344,000. It was the third straight weekly increase after hitting the lowest level since 2007, indicating job cuts picked up in April.



http://www.latimes.com/business/money/la-fi-mo-jobs-unemployment-labor-department-20140502,0,6314315.story#ixzz30agVBnkp

Rigs11
05-05-2014, 01:17 PM
http://cdn.frontpagemag.com/wp-content/uploads/2012/11/john-boehner-crying.jpg

mhgaffney
05-05-2014, 01:26 PM
Here Comes the Economic Collapse

Audio

Gerald Celente has a date in mind.

WLW Radio - April 30, 2014 - Posted May 05, 2014

http://www.informationclearinghouse.info/article38405.htm

NorthernistCaliforneeway7
05-05-2014, 01:38 PM
Politicians on both sides manipulate statistics on things like job reports all the time. 165,000 jobs added but how many are full time jobs? How many of these jobs are seasonal or part time?

W*GS
05-05-2014, 01:47 PM
Robert Reich on Facebook:

You will hear today that the American economy is gaining steam, adding 288,000 jobs in April, while the unemployment rate fell to 6.3 percent. What you’ll hear less is that 806,000 people dropped out of the labor force in April, most of them too discouraged to look for work. The percent of the population employed (58.9%) remains the lowest it’s been in over thirty years. Another thing you’ll hear little about is that average hourly earnings didn’t rise at all in April, and the new jobs continue to be disproportionately in low-wage industries – retail clerks, restaurants, hotels, bars, temporary help.

Five years into a so-called recovery, this is a dismal picture, but no one wants to talk about it. The White House and Democrats undoubtedly will talk up the continuing jobs growth. And Republicans will mutter about taxes being too high on the so-called “job creators” at the top. Neither will mention that the poor and the middle class continue to sink. Yet this is the new reality.

NorthernistCaliforneeway7
05-05-2014, 02:09 PM
Too bad we always have to dig deeper to get the truth.

ant1999e
05-05-2014, 03:25 PM
http://mobile.bloomberg.com/news/2014-05-01/jobless-claims-in-u-s-unexpectedly-climb-to-nine-weekhigh.html
Jobless Claims in U.S. Unexpectedly Climb to Nine-Week High
http://www.marketwatch.com/story/jobless-claims-rise-14000-to-344000-2014-05-01
Jobless claims rise 14,000 to 344,000

kappys
05-05-2014, 07:01 PM
I suppose even low paying jobs are better than no jobs. Still its hard to call this much of a recovery

barryr
05-05-2014, 08:27 PM
A record 92 million people still out of work and the economy is doing great? A record number of people on food stamps and the economy is wonderful? A record number of people on disability and the economy is booming? The sheep will think anything they need to avoid the truth.

mhgaffney
05-06-2014, 05:26 PM
Inflation is happening. I talk to the manager at the Farmer's Exchange every week. Last week, he said the prices on his shipments are going up weekly. Feed, seed, supplies are all going up faster than usual. This means the rest of us will be affected by it soon.

A friend who tracks this kind of stuff told me that many businesses at present are still drawing on inventories -- and have not re-ordered because the economy is dead.

When inventories finally run out and they re order, expect commodities to take another sharp jump. (up)

pricejj
05-06-2014, 11:18 PM
Inflation has been rampant in all asset sectors for the past 6 years. Rent inflation, real estate inflation, food inflation, fuel inflation, education inflation, healthcare inflation, etc. Taxes have skyrocketed. Governmental debt has skyrocketed.

All with a 6-year ZIRP, stimulation, bailouts, QE Infinity, and the fed printing $1T per year. The gap between the rich and the poor is not only wider than it's been since the Great Depression, it's accelerating.

This has all been wrought by the sheer madness that is the Socialist Progressive party, and it just keeps getting worse.

TonyR
05-07-2014, 12:15 PM
This has all been wrought by the sheer madness that is the Socialist Progressive party, and it just keeps getting worse.

Your post was pretty good until this part. Why some of you continue to blame the current administation, and "socialists/progressives/liberals" in general, for this economic mess when this is something that started a long time ago, and not something that's going to be fixed any time soon. If you think a GOP majority and a GOP POTUS is going to fix this problem in the forseeable future then you're clearly swimming in too deep of water without the requisite skills to keep yourself afloat.

Rohirrim
05-07-2014, 12:35 PM
Your post was pretty good until this part. Why some of you continue to blame the current administation, and "socialists/progressives/liberals" in general, for this economic mess when this is something that started a long time ago, and not something that's going to be fixed any time soon. If you think a GOP majority and a GOP POTUS is going to fix this problem in the forseeable future then you're clearly swimming in too deep of water without the requisite skills to keep yourself afloat.

It's hilarious to me. The neocons come in with Raygun and completely dismantle a hundred years of progressive government in a matter of a few years and then when the country goes in the ****ter, they blame the progressives. :rofl:

*Note: Clinton was neither a Democrat, a progressive, or even a liberal. In fact, he had much more in common with the neocons. So does Obama.

cutthemdown
05-07-2014, 01:29 PM
Regardless Obama said things would be much better by now if his policies went into effect. He got his auto bailout, got his stimulus, got his healthcare, and invested in green energy while thwarting things like Keystone.

Look what it got us. I agree he didn't create all our problems but he isn't making things better, he's making them worst.

When Obama done Dems will have had the White House 16 of the last 24 yrs. We are sick of hearing you never get your chance.

BroncoBeavis
05-07-2014, 01:31 PM
It's hilarious to me. The neocons come in with Raygun and completely dismantle a hundred years of progressive government in a matter of a few years and then when the country goes in the ****ter, they blame the progressives. :rofl:

*Note: Clinton was neither a Democrat, a progressive, or even a liberal. In fact, he had much more in common with the neocons. So does Obama.

Who was the last truly great Progressive President. Carter? Heh. Good luck. **** was going downhill fast long before Reagan took office.

The roots of our problems run global. Anyone who believes it's something solved with the waive of any blue or red political pen is freebasing the kool aid. The best we can hope for is a government who understands this and focuses on (intelligently) getting out of the way as much as possible.

baja
05-07-2014, 02:13 PM
Regardless Obama said things would be much better by now if his policies went into effect. He got his auto bailout, got his stimulus, got his healthcare, and invested in green energy while thwarting things like Keystone.

Look what it got us. I agree he didn't create all our problems but he isn't making things better, he's making them worst.

When Obama done Dems will have had the White House 16 of the last 24 yrs. We are sick of hearing you never get your chance.

Who is your political savor, just curious

baja
05-07-2014, 02:17 PM
Who was the last truly great Progressive President. Carter? Heh. Good luck. **** was going downhill fast long before Reagan took office.

The roots of our problems run global. Anyone who believes it's something solved with the waive of any blue or red political pen is freebasing the kool aid. The best we can hope for is a government who understands this and focuses on (intelligently) getting out of the way as much as possible.

Reagan, the guy that took the USA from the greatest creditor nation to the greatest debtor nation in the world for 8 years of fake, credit based prosperity.

broncocalijohn
05-07-2014, 02:30 PM
Reagan, the guy that took the USA from the greatest creditor nation to the greatest debtor nation in the world for 8 years of fake, credit based prosperity.

Then why hasnt that same approach worked for the last two administrations?

BroncoBeavis
05-07-2014, 02:30 PM
Reagan, the guy that took the USA from the greatest creditor nation to the greatest debtor nation in the world for 8 years of fake, credit based prosperity.

Again, anyone who believes Presidents have that kind of power is kidding themselves.

DenverBrit
05-07-2014, 02:42 PM
Again, anyone who believes Presidents have that kind of power is kidding themselves.

But isn't Obama responsible for the state of the economy and joblessness?

baja
05-07-2014, 02:45 PM
Then why hasnt that same approach worked for the last two administrations?

Going from the greatest creditor nation in the world to the greatest debtor nation in the world is a one time opportunity

baja
05-07-2014, 02:48 PM
Again, anyone who believes Presidents have that kind of power is kidding themselves.

Nixon took the US off the gold standard opening the door for the banksters to print money at will. I'd say that is pretty powerful. It's abut to change your life and my life dramatically when those inflated fiat dollars come home to roost

broncocalijohn
05-07-2014, 02:49 PM
Going from the greatest creditor nation in the world to the greatest debtor nation in the world is a one time opportunity

We have been increasing that debt that last 13 years but I don't see the growth like we saw after Carter.

baja
05-07-2014, 02:54 PM
We have been increasing that debt that last 13 years but I don't see the growth like we saw after Carter.

What do you think it means to go from the greatest creditor nation.

To lose that status you must sell off one shiit load of assets to foreign entities .

BroncoBeavis
05-07-2014, 03:07 PM
Nixon took the US off the gold standard opening the door for the banksters to print money at will. I'd say that is pretty powerful. It's abut to change your life and my life dramatically when those inflated fiat dollars come home to roost

It was a trend that was a long time in the making, back to the dawn of the progressive era, even. It was inevitable in the long run.

One, because indexing your currency to a single commodity is kinda dumb, and two, because like you say, it handcuffs central banks more than interventioneers like.

Regardless, in this particular case, you're conflating causes and effects. If our industrial superpower status had been maintained all these years, setting the gold standard aside would've likely been unnecessary. Even though it would've probably made sense to replace it with a more rational index at some point anyway.

Arkie
05-07-2014, 04:53 PM
Prices went vertical starting in 1971.

http://lenpenzo.com/blog/wp-content/uploads/2013/02/Inflation-in-the-United-States-Since-18001.jpg

The dollar needs to be tied down to something to survive long term. If they can take us off the gold standard and put us back on, then they can take us off again. The faith in USD will never be as good as gold again. It's only as good as the politicians that run the show. Technology will present us with a better alternative someday.

Drunken.Broncoholic2
05-07-2014, 08:52 PM
Only one govt job lost due to sequester. LOL where's those hundreds of thousands of jobs would be lost that Obama cried about? Where the over 1 million jobs that bitch Reid lied about??

http://www.washingtontimes.com/news/2014/may/7/sequestration-cost-only-one-job-entire-government-/

pricejj
05-07-2014, 10:55 PM
Your post was pretty good until this part. Why some of you continue to blame the current administation, and "socialists/progressives/liberals" in general, for this economic mess when this is something that started a long time ago, and not something that's going to be fixed any time soon. If you think a GOP majority and a GOP POTUS is going to fix this problem in the forseeable future then you're clearly swimming in too deep of water without the requisite skills to keep yourself afloat.

Establishment R's also love inflationary spending on Defense to keep the economy moving, but it's nowhere near the domestic social and economic devastation created by the policies of the far left Socialist Progressives.

Both need to go.

barryr
05-10-2014, 07:32 AM
Establishment R's also love inflationary spending on Defense to keep the economy moving, but it's nowhere near the domestic social and economic devastation created by the policies of the far left Socialist Progressives.

Both need to go.

Many republicans have been satisfied just to keep their jobs and keep the status quo. Many democrats still believe in spending on failed social programs that keep the dependent dependent and without jobs or pride.

mhgaffney
05-10-2014, 07:53 PM
Inflation is happening. I talk to the manager at the Farmer's Exchange every week. Last week, he said the prices on his shipments are going up weekly. Feed, seed, supplies are all going up faster than usual. This means the rest of us will be affected by it soon.

Beer and gas also went up.