Jobs Report

[Rohirrim]

Originally Posted by Pony Boy

With the latest jobs report, it is now the case that under Obama, "Food Stamp Growth is 75 Times Greater Than Job Creation".

"For Every Person Added to Jobs Rolls Since January 2009, 75 People Added To Food Stamp Rolls."

And the solution is to put George Bush's policies back in the WH? That's like saying, "Well, that old fox knows a hell of a lot about chickens. Let's put him in charge of the coop."

[TonyR]

Originally Posted by BroncoInferno

The fact that you would compare the two recessions proves what a ****ing moron you are, and confirms what Ro posted right before your pitifully ignorant BS.

He really is a moron, isn't he?!? What's frustrating is that, like many of the righties who post here regularly, you can tell he has the intelligence to understand this but for whatever reason he just won't use it.

[TonyR]

Originally Posted by Rohirrim

My guess would be that he never studied economics, knew very little about it (like the majority of politicians), and assumed this recession would be like all other recessions. No doubt he had guys like Larry Summers feeding him those figures.

Almost everybody got this stuff wrong. For example, even the best and the brightest at the big banks massively underestimated how bad the housing crisis was. Do you think BofA would've bought Countrywide if they know how bad things would get and that it would cost them over $20 billion before all was said and done? People want to keep pinning all this on Obama, and pointing out how his administration underestimated how bad things were and were overly optimistic about the recovery. But they fail to notice that almost everybody else did, too. And then of course nobody will acknowledge how much worse things might be if not for the bailouts and stimulus, regardless of how badly they may or may not have been handled.

(also want to point out that I know I'm preaching to the choir in responding to your post, Roh...)

[TonyR]

Originally Posted by Vegas_Bronco

Ouch...Short by 300,000...

Agree it's not enough, but expectations were actually surpassed. Which helps explain the market reaction.

[cutthemdown]

Originally Posted by elsid13

"The labor force participation rate, a key metric that measures those working and looking for jobs, edged higher to 63.8 percent after wallowing around 31-year lows for the past several months."

http://finance.yahoo.com/news/pre-el...124021282.html

More folks back activity looking for employment, I expect that one of key reason the number edge up to 7.9% vs going down or staying at the same rate. Not great but not total disaster. More slow steady muddling progress.

It is really bad. This long into a recovery we should be adding jobs at a rate to move unemployment down. Obama can barely add enough to avoid this being another recession. Seriously we are like 1% growth away from going the wrong direction.

Country needs a change.

[cutthemdown]

its the govt fault we had the housing mess. They gave out loans to banks at interest rates way too low. Then banks then loaned money out for housing way too easily. Both parties to blame for that but somehow its all GWB fault.

[cutthemdown]

Originally Posted by Rohirrim

My guess would be that he never studied economics, knew very little about it (like the majority of politicians), and assumed this recession would be like all other recessions. No doubt he had guys like Larry Summers feeding him those figures.

What happened is GWB was so unpopular and Democrat would have won that election. So what do dems do? Put someone up with experience, that has accomplished many things in his life? NO! They put up a lawyer with no trial experience, an elitist who spent all his time at a university or working for the govt. Just someone who had no idea about the private sector.

I work with attorney's and they all make fun of him for going to law school at harvard but being a joke of an attorney. How many cases do you think he won?

At harvard he avoided all the things most law review students particiapte in. Like debates and mock trials. He's a fraud.

[Pseudofool]

Originally Posted by Pony Boy

With the latest jobs report, it is now the case that under Obama, "Food Stamp Growth is 75 Times Greater Than Job Creation".

"For Every Person Added to Jobs Rolls Since January 2009, 75 People Added To Food Stamp Rolls."

3.5 mil new jobs since 2009 multiplied by 75 equals more than 267 million, nearly the population of this country. I call phooey.

It's called arithmetic. Do the math before you believe statistics that support your ideological view. Anything less is lazy.

[L.A. BRONCOS FAN]

[L.A. BRONCOS FAN]

Originally Posted by TonyR

He really is a moron, isn't he?!? What's frustrating is that, like many of the righties who post here regularly, you can tell he has the intelligence to understand this but for whatever reason he just won't use it.

That's because their emotional attachment/commitment to an ideology trumps reason, facts, truth, and logic.

[Vegas_Bronco]

Originally Posted by Rohirrim

Incomes of the middle class have been stagnant, or declining, for decades. I don't doubt that they are worse now, since we are suffering under the worst recession in 80 years. What I don't understand is how the Right thinks it is legitimate to blame this on the president of the opposing party while completely ignoring their own broad and grievous culpability in making this mess.

You fail to understand that there are more pple in the middle class than ever before...and it has grown by an accelerated rate over the past 5-6 years. This will be the worst recession/depression ever before it is over....we could see another new dip to an all new low. This isn't a right or left issue really - it's a of greater concern than that. Don't sling stones on the right when it was the Clinton's left who got us going at an accelerated decline. Think macro scale.

[Vegas_Bronco]

Originally Posted by L.A. BRONCOS FAN

That's because their emotional attachment/commitment to an ideology trumps reason, facts, truth, and logic.

emotion runs through us all as humans...its what we do with it that defines our character. I'd say your character is undermedicated. You sure your not a Raiders fan?

[L.A. BRONCOS FAN]

Originally Posted by Vegas_Bronco

emotion runs through us all as humans...its what we do with it that defines our character. I'd say your character is undermedicated. You sure your not a Raiders fan?

Thanks for making my point for me.

[Vegas_Bronco]

Originally Posted by L.A. BRONCOS FAN

Thanks for making my point for me.

bait switch ...predict his next actions...anyone, anyone?

Did you vote for Obama or Clinton in the primaries?

[L.A. BRONCOS FAN]

Originally Posted by Vegas_Bronco

bait switch ...predict his next actions...anyone, anyone?

Did you vote for Obama or Clinton in the primaries?

Spoken like a master baiter.

Did you vote for Dumbya twice?

[Meck77]

Then there is reality.

http://portalseven.com/employment/un...nt_rate_u6.jsp

[Kaylore]

Trillions of dollars later, unemployment is higher than when Obama took office.

Obama's answer? Clean energy and teachers.


The guy has no clue whatsoever. He did what all his minions from academia told him to do. It didn't work and they left the white house staff. Now he's back to wind farms and class sizes.

What a freaking joke.

[Kaylore]

Originally Posted by Rohirrim

And the solution is to put George Bush's policies back in the WH? That's like saying, "Well, that old fox knows a hell of a lot about chickens. Let's put him in charge of the coop."

That's all you have. "Well Bush sucked!"

It is clear your entire group is totally out of ideas from top to bottom. No answers, just finger pointing.

We need people who are optimistic with clear answers. We need someone who wants to try something new who has experience in business and government. Not a guy that reads a teleprompter.

[Irish Stout]

Originally Posted by Kaylore

Trillions of dollars later, unemployment is higher than when Obama took office.

Obama's answer? Clean energy and teachers.


The guy has no clue whatsoever. He did what all his minions from academia told him to do. It didn't work and they left the white house staff. Now he's back to wind farms and class sizes.

What a freaking joke.

What's Romney's plan? Theres a magic 12 million jobs he is going to create from what?

[Kid A]

Originally Posted by Kaylore

Trillions of dollars later, unemployment is higher than when Obama took office.

Obama's answer? Clean energy and teachers.


The guy has no clue whatsoever. He did what all his minions from academia told him to do. It didn't work and they left the white house staff. Now he's back to wind farms and class sizes.

What a freaking joke.

Unemployment is higher than the day he took office. The fact of his being sworn in obviously had no effect on the economy. What did have an influence was policy he enacted soon after being in office. Unemployment has been reversing course since almost exactly after the stimulus was passed. And green energy is outpacing most of the economy in this growth.

The truth is, no matter who is elected, they are going to be handed an economy that is on the rebound. Romney talks about creating 12 million new jobs, but that's likely coming to whoever wins...because Obama took action early on with the stimulus to keep the economy from going into the abyss. His handling of the economy was far from perfect but it went well beyond what McCain, who was clearly lost and out of his depth the moment the economy crashed, likely would have enacted (considering Obama's stimulus was considered aggressive at the time—before we knew the true magnitude of the recession—it is truly frightening to think where we would be under a McCain presidency). It would be a bitter irony for Romney to reap the political benefit of a recovering economy after opposing the measures that got us here.

The other thing you are missing here when you laugh off "clean energy and teachers" is that when attacking a true recession, which will linger for years, you aim part of the stimulus at imminent job loss (as the Recover Act did in helping underfunded states keep from laying off thousands of people by giving them money right away) and another part at longer term investments (energy, education).

If you have a clear idea of how a Republican executive branch would have approached 09-12 differently and more successfully, please let me know. Because from where I sit, we are in much better shape than the nations (Greece, Spain) that enacted austerity in response to this crisis.

[Mecklomaniac]

Originally Posted by Kid A

Unemployment is higher than the day he took office. The fact of his being sworn in obviously had no effect on the economy. What did have an influence was policy he enacted soon after being in office. Unemployment has been reversing course since almost exactly after the stimulus was passed. And green energy is outpacing most of the economy in this growth.

The truth is, no matter who is elected, they are going to be handed an economy that is on the rebound. Romney talks about creating 12 million new jobs, but that's likely coming to whoever wins...because Obama took action early on with the stimulus to keep the economy from going into the abyss. His handling of the economy was far from perfect but it went well beyond what McCain, who was clearly lost and out of his depth the moment the economy crashed, likely would have enacted (considering Obama's stimulus was considered aggressive at the time—before we knew the true magnitude of the recession—it is truly frightening to think where we would be under a McCain presidency). It would be a bitter irony for Romney to reap the political benefit of a recovering economy after opposing the measures that got us here.

The other thing you are missing here when you laugh off "clean energy and teachers" is that when attacking a true recession, which will linger for years, you aim part of the stimulus at imminent job loss (as the Recover Act did in helping underfunded states keep from laying off thousands of people by giving them money right away) and another part at longer term investments (energy, education).

If you have a clear idea of how a Republican executive branch would have approached 09-12 differently and more successfully, please let me know. Because from where I sit, we are in much better shape than the nations (Greece, Spain) that enacted austerity in response to this crisis.

[Dukes]

Originally Posted by Mecklomaniac

Amazing how many "jobs" you can create when you print your own money. How many Trillion in debt are we now?

[TheElusiveKyleOrton]

Originally Posted by Smiling Assassin27

At this rate of job creation, it'll take 7 more years to get to where Obama said it'd be TODAY with the stimulus.

earnings and hours worked declined..again. if the participation rate was the same as January 2009 when Obama began this failed presidency, UE rate would be over 10.5% after this jobs report.

mark it down. after the election, UE rate over 8%. average employment growth in 2011 was 156K. In 2012, it's 157k. So much for progress on the jobs front. positive spin on this report is insulting to the unemployed american worker.

worst. recovery. ever. but you already knew that, right folks?

What a shame, to waste all that hard work from the GOP House in trying to pass job legislation.

What's that?? Oh, they're just trying to repeal Obamacare again?

Smh.

[Kaylore]

The stimulus was mostly pork. That is one of the many missteps this amateur president made. Even many left wing pundits admit it as much.

I love the hypocrisy in this thread - for four years the media has been downplaying the recession. If a Republican was a president we'd see the daily homelessness articles. Instead it was the media trying to make the recession cute with "helpful tips to save money" and "ways to get a second interview" all the while just throwing money at the problem and lifting zombie banks and poorly run auto-companies' bills onto the tax-payer and our grandchildren get to shoulder the interest.

Now Romney is being accused of "downplaying the recession" by people in this thread. It's absolutely hysterical.

[IHaveALight]

Originally Posted by Kaylore

That's all you have. "Well Bush sucked!"

It is clear your entire group is totally out of ideas from top to bottom. No answers, just finger pointing.

We need people who are optimistic with clear answers. We need someone who wants to try something new who has experience in business and government. Not a guy that reads a teleprompter.

Actually what we need is to abandon the two party system that is controlled by corporate lobbying and to end the fed.

Unless you're a corporation, voting for democrat or republican is a vote for more recession and more oppression.