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Old 10-20-2011, 10:31 PM   #1
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Default "private-sector jobs have been doing just fine"

http://thehill.com/blogs/floor-actio...te-sector-jobs


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"It's very clear that private-sector jobs have been doing just fine; it's the public-sector jobs where we've lost huge numbers, and that's what this legislation is all about," Reid said on the Senate floor.
http://online.wsj.com/article/SB1000...n_AboveLEFTTop


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Harry Reid carries a heavy burden these days, blocking and tackling for an unpopular President's unpopular agenda while trying to hold onto a Senate majority in 2012. So perhaps we should be forgiving when the Majority Leader says what he did yesterday on the Senate floor:

"It's very clear that private-sector jobs have been doing just fine; it's the public-sector jobs where we've lost huge numbers, and that's what this legislation is all about."

Then again, he really said that.

Mr. Reid was trying to defend a new Democratic proposal to spend another $35 billion that the government doesn't have ...

http://www.csmonitor.com/Business/20...dard-of-living

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Bottom line: The average individual now has $1,315 less in disposable income than he or she did three years ago at the onset of the Great Recession – even though the recession ended, technically speaking, in mid-2009. That means less money to spend at the spa or the movies, less for vacations, new carpeting for the house, or dinner at a restaurant.
http://money.usnews.com/money/career...ntinue-to-grow


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While the number of unemployed workers has held steady at around 14 million in recent months, another telling measure of frustration in the labor market—the number of underemployed individuals—rose for a third consecutive month in September, by almost a half of a million people.

Almost 9.3 million Americans are considered underemployed, defined by the Bureau of Labor Statistics as working part-time for economic reasons, such as unfavorable business conditions or seasonal declines in demand. That's up from just over 8 million in July, but down from a peak of about 9.5 million in September 2010. In addition, about 2.5 million individuals are considered "marginally attached to the labor force," meaning they were not in the labor force, wanted and were available for work, and looked for a job sometime in the prior 12 months. (They are not counted as unemployed because they had not looked for a job in the past four weeks prior to the survey.)
http://www.cnbc.com/id/44972522

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Applications for unemployment benefits have fallen to a six-month low, according to a four-week averaged calculated by the government.

Some economists said the steady decline signals fewer layoffs and possibly stronger job growth in the months ahead. But they cautioned that employers are not yet hiring at healthy levels.

Weekly applications dropped by 6,000 to a seasonally adjusted 403,000, the Labor Department said Thursday. The four-week average fell for the fourth straight week to 403,000. A month ago it was 422,250.

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Old 10-20-2011, 10:59 PM   #2
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I can't.believe these.idiot in Nevada voted this guy back in. Didn't have much better of a choice but anything is better than this idiot.
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Old 10-20-2011, 11:10 PM   #3
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I can't.believe these.idiot in Nevada voted this guy back in. Didn't have much better of a choice but anything is better than this idiot.
Yeah, and the Tea Party canidate was the Crazy one?
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Old 10-21-2011, 07:23 AM   #4
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Funny, this AM on the radio my area is reporting a 9% unemployment rate. Are these private sector jobs part time McJobs?
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Old 10-21-2011, 08:31 AM   #5
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I stand by my statement back during the last election that although Sharon Angle might have been an embarrassment, she was a better choice than Harry Reid because she'd do less harm to the country.
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Old 10-21-2011, 08:50 AM   #6
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Funny, this AM on the radio my area is reporting a 9% unemployment rate. Are these private sector jobs part time McJobs?
Actually, literally most likely. If you remember in June or July there was a bump in jobs, but 50,000 was because of a hiring program promotion from McDonald's.
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Old 10-21-2011, 09:00 AM   #7
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Harry Reid is a joke. He represents everything wrong with DC and congress.
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Old 10-21-2011, 10:07 AM   #8
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Actually, literally most likely. If you remember in June or July there was a bump in jobs, but 50,000 was because of a hiring program promotion from McDonald's.
See, this is a "beef" (ha!) of mine. a $9/$10hr job just doesn't cut it. I mean, I understand you might have to work a few jobs - but the reduction of "quality" jobs is pretty apparent.


I was listening to the same station (WHP580AM), and the morning show was ranting about Obama's "loan" to an electric automobile manufacturer in the Netherlands somewhere. The car retails for $75k. They had to promote/provide this money to a company that isn't in the USA. The company stated there is no infrastructure to build this type of vehicle in the USA. So the USA loses on this "bet".

Think about this:

Due to outsourcing (a FOR PROFIT driven business mentality), we lost the manufacturing/supply infrastructure to produce vehicles for this "market". Since only the "wealthy" more or less could afford this vehicle, now the "Rich" won't get to buy their "yacht", that will give "Americans their jobs". You have most of the bigger unions, acting in their own self interest (as a Corporation) and not caring about their union members as much as they are about increasing their "user base", and well - shooting their own "cause" in the foot.

It's pretty F'D up. We in America can't compete: We've hamstrung ourselves to an outdated infrastructure, not willing to upgrade due to the for-profit driven mentality of "greed", which sold off the resources needed with the amount of oversight it takes to "sign here".

We really need to remove the exploitative power from business & gov't. The gov't should be WE the people.

The problem with that though is:

Which one of us is going to step up and take responsibility?


One last thing, only because I didn't ever see a response (It's hard to keep up on the OM):

I have this problem when I hear the AM talk radio guys talk about how the "Rich" Pay 40% of the taxes?

Is that like GE getting the 30% corporate tax rate?

That's part of my problem with the whole taxation argument. The welfare culture in this country really only exists at the very upper & lower ends of our society. There are those at times who may really need it - but there is a segment of the society in both - who takes major advantage of it and exploits the rest of us.

Last edited by alkemical; 10-21-2011 at 10:09 AM..
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Old 10-21-2011, 10:16 AM   #9
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Private sector jobs create public sector jobs. It's well known fact.
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Old 10-21-2011, 11:02 AM   #10
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LULZ, yeah cuz they need the oversight!
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Old 10-21-2011, 12:30 PM   #11
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Originally Posted by Garcia Bronco View Post
Private sector jobs create public sector jobs. It's well known fact.
Public sector jobs enable private sector jobs.
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Old 10-21-2011, 01:04 PM   #12
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Public sector jobs enable private sector jobs.
Incorrect. The private sector is where tax revenues are created. Not public sector jobs. Without private sector jobs there would barely be a need for public sector jobs.
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Old 10-21-2011, 01:15 PM   #13
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I could hire 2 people a week for months if I just knew WTF Obama/the federal reserve had in store for us. Because they have given small business no clear direction, nothing but threats of taxation, I have taken my foot off the gas and am content just floating along and fishing more. The heck with them. Probably just wait til election to resume job growth. Most every business I know is doing the same.
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Old 10-21-2011, 01:45 PM   #14
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Harry Reid's business plan:

1: Collect Underwear
2: ?
3: Profits
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Old 10-21-2011, 02:00 PM   #15
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I could hire 2 people a week for months if I just knew WTF Obama/the federal reserve had in store for us. Because they have given small business no clear direction, nothing but threats of taxation, I have taken my foot off the gas and am content just floating along and fishing more. The heck with them. Probably just wait til election to resume job growth. Most every business I know is doing the same.
This.

I have a number of clients that would love just to know what they can plan on before pulling the trigger on RE acquisitions.
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Old 10-21-2011, 02:02 PM   #16
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Public sector jobs enable private sector jobs.
Yeah.
Let me ask you something. Who came first to an old western town, the sheriff, the teacher, or the mayor?
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Old 10-21-2011, 02:03 PM   #17
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Yeah.
Let me ask you something. Who came first to an old western town, the sheriff, the teacher, or the mayor?
The answer is none of the above.

It was the miner.
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Old 10-21-2011, 02:28 PM   #18
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The answer is none of the above.

It was the miner.
Bingo! Winner, winner, chicken dinner.
Or the farmer, the rancher, or trapper. Point is government does not make jobs! People make jobs! Government just gets in the way.
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Old 10-21-2011, 02:41 PM   #19
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If someone wants a job they are there.just ask the godfather Cain.it's your fault if you can't find one.
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Old 10-21-2011, 03:15 PM   #20
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If someone wants a job they are there.just ask the godfather Cain.it's your fault if you can't find one.
Yes. Pick any direction in a city, go ten miles. You'll trip over jobs.
People aren't stupid. A McJob only pays $7.50/hr, while unemployment handouts pay as well as a $11/hr job for 99 weeks. Who makes out in that?
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Old 10-21-2011, 03:20 PM   #21
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Incorrect. The private sector is where tax revenues are created. Not public sector jobs. Without private sector jobs there would barely be a need for public sector jobs.
Without government, there would be nothing.
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Old 10-21-2011, 03:24 PM   #22
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Without government, there would be nothing.
Way to miss the point by a light year.
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Old 10-21-2011, 03:24 PM   #23
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Yeah.
Let me ask you something. Who came first to an old western town, the sheriff, the teacher, or the mayor?
Who enforced the mining claims?

I'd really like to see the he-men right-wingers who think they're so damned tough that they don't need no steekin' gubmit move their asses to Somalia.

They'd last about 15 minutes.
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Old 10-21-2011, 03:25 PM   #24
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Way to miss the point by a light year.
Wrong.

Move to Somalia. Be a Real Man®. Show the world how effing tough you are.
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Old 10-21-2011, 03:35 PM   #25
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Who enforced the mining claims?

I'd really like to see the he-men right-wingers who think they're so damned tough that they don't need no steekin' gubmit move their asses to Somalia.

They'd last about 15 minutes.
That worked out real great for the guys in the Alamo, didn't. And sometimes those mines where on indian reservation. Great management right there.

You missed the point by saying "no" government. Nobody here said we didn't want any government. But government like anything else in life is about balance. We want government to backoff. You want craddle to grave government. See the difference.
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