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Thread: Employers add no net jobs in Aug.; rate unchanged

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Sheik Yerbuti View Post
    Yes, when Bush started, there was a projected surplus of about 6 trillion over the next ten years ... when Bush left office, there was a projected deficit of about 8 trillion. A 14 trillion dollar difference.

    Conservative:
    "Four more years!!"

    I love projections, don't you? When Obama was selling the stimulus plan it was projected that unemployment would not exceed 8% and that after the stimulus unemployment would drop. How did that projection work out?

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post

    Doesn't matter what Clinton did or what Bush did only what Obama is DOING. You cannot change the past but you can change the future. Obama has put Bush spending on steroids as evidenced by his budgets.
    It matters when showing that you have a miserable track record for picking presidents. It speaks loudly towards your biased criticisms of Obama.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    I love projections, don't you? When Obama was selling the stimulus plan it was projected that unemployment would not exceed 8% and that after the stimulus unemployment would drop. How did that projection work out?
    That was a serious error on behalf of the Obama administration. They completely underestimated the severity of this financial and economic downturn. But then again, so do you....
    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: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Sheik Yerbuti View Post
    It matters when showing that you have a miserable track record for picking presidents. It speaks loudly towards your biased criticisms of Obama.
    You shouldn't be talking picking Obama. Who would you have voted for, Bush or Gore, then Bush or Kerry? that miserable track record is subject to opinion and yours isn't worth much.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Goldenboy219 View Post
    That was a serious error on behalf of the Obama administration. They completely underestimated the severity of this financial and economic downturn. But then again, so do you....
    No, I have a pretty good idea of the financial meltdown as well as how much 800 plus billion is and how it was spent. It was a waste of money and spent poorly. The financial condition of the country is worse today because of the incompetent in the WH. Reality sucks, doesn't it?

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post

    I love projections, don't you? When Obama was selling the stimulus plan it was projected that unemployment would not exceed 8% and that after the stimulus unemployment would drop. How did that projection work out?
    Obama's projection, off by 2 percentage points ... budget projects over Bush's 8 years in office, off by 14 trillion dollars.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Sheik Yerbuti View Post
    Obama's projection, off by 2 percentage points ... budget projects over Bush's 8 years in office, off by 14 trillion dollars.
    Now that is incredible spin, 25 million Americans unemployed and under employed make up those percentage points which make the numbers 16.2% not 9.1%. A lot easier talking about percentages isn't it?

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Boo Radley View Post

    yes, Clinton did not take OBL. He likely shoudl have. However, during the 9/11 commission hearings, both parties agreed that taking him would not have stopped 9/11.
    Umm, the 9.11 Commission also concluded there was no evidence to support the notion that there was ever a deal to extradite bin Laden to the U.S.

    Sudanís minister of defense, Fatih Erwa, has claimed that Sudan offered to hand Bin Ladin over to the United States. The Commission has found no credible evidence that this was so. Ambassador Carney had instructions only to push the Sudanese to expel Bin Ladin. Ambassador Carney had no legal basis to ask for more from the Sudanese since, at the time, there was no indictment outstanding.

    - 9/11 commission

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post

    Now that is incredible spin, 25 million Americans unemployed and under employed make up those percentage points which make the numbers 16.2% not 9.1%. A lot easier talking about percentages isn't it?
    Lemme see if I understand your [fuzzy] math ...

    ... you think if the difference between 8% unemployed and 10% unemployed is 25 million?

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    No, I have a pretty good idea of the financial meltdown as well as how much 800 plus billion is and how it was spent. It was a waste of money and spent poorly. The financial condition of the country is worse today because of the incompetent in the WH. Reality sucks, doesn't it?
    Nope! It is at this level because we experienced the worst financial shock since 1929.



    Notice we never witnessed a real loss in wealth during any time period since the data collection began until.....

    The Reagan recession era:



    The Bush/Obama recession era:



    There really is no comparison when we consider the sheer amount of wealth lost during the two distinct recessions. Nearly 25% of the TOTAL WEALTH of the entire nation was lost between the peak to trough. Last time something of this magnitude occurred? You guessed it.....


    BTW, does a stronger dollar make U.S. goods more competitive overseas?
    Last edited by Kushinator; 09-07-11 at 09:07 PM.
    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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