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Thread: More Job Seekers Give Up

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    Re: More Job Seekers Give Up

    9.1% unemployment as of today, using the most generous variables possible.

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    Re: More Job Seekers Give Up

    the "historically weak recovery," usa today, may 20:

    Nearly two years after the economic recovery officially began, job creation continues to stagger at the slowest post-recession rate since the Great Depression.

    The nation has 5% fewer jobs today — a loss of 7 million — than it did when the recession began in December 2007. That is by far the worst performance of job generation following any of the dozen recessions since the 1930s.

    In the past, the economy recovered lost jobs 13 months on average after a recession. If this were a typical recovery, nearly 10 million more people would be working today than when the recession officially ended in June 2009.
    Job creation limps along after recession - USATODAY.com

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    Re: More Job Seekers Give Up

    Quote Originally Posted by The Prof View Post
    today:



    May jobs growth slows to 54,000, a nine-month low Economic Report - MarketWatch

    and it's not just jobs relative to our historically low "participation rate"

    no, it's gas prices, the housing double dip, the crashing of consumer confidence, the plummeting of corporate profits, the miserable manufacturing measures, auto sales slipping...

    stimulus, anyone?

    shovel ready jobs?

    seeya at the polls, progressives
    Government stimulus is waning, and yet the private sector has not shown the desire to spur the growth necessary to keep up with our population.

    I find it nothing short of hilarious that someone is lauding for austerity while simultaneously speculating about the next election. The GOP is playing with fire; just ask our European counterparts how well they are faring.

    For instance, what is going on in the UK?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: More Job Seekers Give Up

    Quote Originally Posted by The Prof View Post
    the "historically weak recovery," usa today, may 20:



    Job creation limps along after recession - USATODAY.com
    No policy (outside of a truly massive stimulus) would have been able to steer job creation in the direction that it took (on average) with the past 11 recessions. Well, they could have nationalized the banking system as well as the Auto industry, and here you are complaining.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: More Job Seekers Give Up

    Quote Originally Posted by Goldenboy219 View Post
    Government stimulus is waning, and yet the private sector has not shown the desire to spur the growth necessary to keep up with our population.

    I find it nothing short of hilarious that someone is lauding for austerity while simultaneously speculating about the next election. The GOP is playing with fire; just ask our European counterparts how well they are faring.

    For instance, what is going on in the UK?
    Oh, so it's the private sector's fault that the stealfromus package flopped? That's rich!

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    Re: More Job Seekers Give Up

    Quote Originally Posted by apdst View Post
    Oh, so it's the private sector's fault that the stealfromus package flopped? That's rich!
    Do you read a persons response, and then post the first red herring that comes to mind? The stimulus did what it was intended to do given the size and trajectory of the spending. You know what's rich? People posting in topics that center on economics without the ability to keep up with the conversation.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: More Job Seekers Give Up

    Quote Originally Posted by Goldenboy219 View Post
    Do you read a persons response, and then post the first red herring that comes to mind? The stimulus did what it was intended to do given the size and trajectory of the spending. You know what's rich? People posting in topics that center on economics without the ability to keep up with the conversation.
    What was it intended to do; besides fund a buncha Liberal wet dreams, that is.

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    Re: More Job Seekers Give Up

    Quote Originally Posted by apdst View Post
    What was it intended to do; besides fund a buncha Liberal wet dreams, that is.
    Stabilize output until the private sector was able to recover from its previous failure.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  10. #20
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    Re: More Job Seekers Give Up

    Quote Originally Posted by Goldenboy219 View Post
    Stabilize output until the private sector was able to recover from its previous failure.
    Oh, so I did hear you correctly: it's the private sector's fault. Awesome talking point! I pray that Libbos use in the 2012 election.

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