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Thread: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    I guess Wall Street changed their minds.

    Stock indexes fell sharply Friday, erasing most of the week's gains, after a dismal report on the job market stifled hopes for a quick economic rebound.

    Stocks dive after dismal June jobs report - Yahoo! Finance

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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    Quote Originally Posted by Councilman View Post
    If he skips golf this weekend we know he's at least mildly interested in the problems at hand.
    Let's not go too far here... Cancel his golf game?

    So when will the left come to the realization that Obama and the democrats economic policies have failed?

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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    Quote Originally Posted by rcart76 View Post
    Good hard working people I know lost their job for the city and are still trying to land a job to feed their family. Regardless of what you conservatives think, public workers are just as important as private workers and it is a not a "good" thing when someone looses their job. No one deserves this fate.
    I'm not saying the work done is not important. I'm saying that private sector jobs provide more gains than public sector jobs. Those city jobs could (in many cases) be contracted to private firms at a lower cost than the city would expend paying for the salary and benefits of a city worker.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    Quote Originally Posted by 1Perry View Post
    I guess Wall Street changed their minds.

    Stock indexes fell sharply Friday, erasing most of the week's gains, after a dismal report on the job market stifled hopes for a quick economic rebound.

    Stocks dive after dismal June jobs report - Yahoo! Finance
    Glad I waited to invest...guess I know what I'll be doing when I get home....
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    Quote Originally Posted by PzKfW IVe View Post
    Good!


    I was speaking more generally - if what the other side wants to do is, long term, worse than doing nothing, then there's nothing wrong with refusing to compormise, forcing that nothing be done.

    But, in ther terms you use - not raising the debt ceiling will force the government to live witnin its means. Long term, this is the best solution possible. So, doing nothing is the best thing to do.

    Your guys aren't willing to consider it in a meaningful way, as cutting back government hand-outs reduces the Democtratic voter base.

    So, if the choice is something that's "nuts" but saves the country, or doing nothing and allowing the county to fail, the only rational choice is the "nuts" solution.
    In short, you're okay with seeing the country struggle through economic hardship in the short-term as long as the long-term affects (i.e., reducing our long-term national debt as quickly as possible through massive spending cuts) as positive.

    Question: How long do you expect it will take before we start seeing the positive affects of deep spending cuts? 2 yrs? 5 yrs? 10 yrs? Longer?

    I ask because by your assessment, it's going to be a very long time before government spending is under control to the extent that this country is every solvent enough to start re-investing in those things that are in this country's best interest, i.e., education, infrastructure repair, new energy resources, etc. So, how long should we wait before reinvesting in US?
    Last edited by Objective Voice; 07-08-11 at 04:12 PM.

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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    in the kaukauna public schools the positive effect of balance is immediate

    Union curbs rescue a Wisconsin school district | Politics | Washington Examiner

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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    Quote Originally Posted by Objective Voice View Post
    In short, you're okay with seeing the country struggle through economic hardship in the short-term as long as the long-term affects (i.e., reducing our long-term national debt as quickly as possible through massive spending cuts) as positive.
    Sometimes, you have to cut off a leg to save a life.


    Question: How long do you expect it will take before we start seeing the positive affects of deep spending cuts? 2 yrs? 5 yrs? 10 yrs? Longer?
    Beats me. As it is a long-term net positive, the fact that it may not have positive effect in the short term is, well, irrelevant.

    I ask because by your assessment, it's going to be a very long time before government spending is under control...
    Incorrect. Spending comes under control immediately, as it may not exceed revenue.

    to the extent that this country is every solvent enough to start re-investing in those things that are in this country's best interest
    Investment in these things need not necessarily stop - you simply have to decide where your priorities are rather than spending whatever you might want, without worrying about where the money comes from.
    Last edited by PzKfW IVe; 07-08-11 at 04:23 PM.

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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    what the white house overestimated the sheer downward velocity of was A SHOVEL

    Obama: "No Such Thing as Shovel-Ready Projects" - Political Hotsheet - CBS News

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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    "It just can't keep going like this. Obama's going to end up getting slammed in 2012 if this doesn't fix itself soon. Whether or not it's his puppy..." - dontworrybehappy

    It's his puppy now.
    "Liberalism is a doctrine fostered by a delusional and illogical people and rabidly promoted by the mainstream media and ruling elite which holds forth the proposition that it is entirely possible to pick up a turd by the clean end." - unknown

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    Re: Unemployment Rate Rises to 9.2 Percent in June as Hiring Stalls

    The jobs will probably 'never' come back.

    Our nation has been exporting jobs and replacing people with machines for decades, diminishing the pool of available work for our country's population. One of the factors that slowed that process was that overhauling our businesses to make do with fewer employees (that is, streamlining labor divisions) was an ethically awkward and controversial process that was more trouble than it was worth. The recession gave executives the opportunity to retrofit their business models without controversy.

    We're like Japan now; too efficient for our population's own good. We'll 'always' have a sizable unemployment rate.
    Last edited by Morality Games; 07-08-11 at 04:33 PM.
    If you notice something good in yourself, give credit to God, not to yourself, but be certain the evil you commit is always your own and yours to acknowledge.

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