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

  1. #141
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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Grim17 View Post
    A picture is worth a thousand words...

    Attachment 67115424
    That sure is a nice what to hide the fact that Clinton inherited an unemployment rate of 7.3% and handed Bush an unemployment rate of 4.2%, who in turn handed Obama an unemployment rate of 7.8%.

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

    Quote Originally Posted by Objective Voice View Post
    The taxes under Obamacare don't come into effect until 2014.

    The deep water drilling moritorum has long since been lifted.

    How does the National Labor Relations Board dilemma in SC impact the entire nation?

    Tax policy...this is a new argument...really didn't become an issue until Obama came into the White House. Your side keeps arguing that the corporate tax rate is too high compared to other industrialized nations, but I don't recall GWB seeking to lower it at any time throughout his tenure. So, why has it suddenly become this big issue within the last 2-3 years? Furthermore, if you're going to make the argument that our nation's economic policies are hampering job growth, were were you 4-8 years ago informing your Republican/Conservative leadership to change the tax codes back then?
    Businesses operate on a five year plan, not year to year and don't print their own money.

    deep water drilling was lifted late causing unemployment and drills to move overseas.

    NLRB facts S. Carolina employment and unemployment which goes into the national numbers.

    Tax policy affects a 5 year plan of business.

    Classes out today?

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

    Quote Originally Posted by Sheik Yerbuti View Post
    That sure is a nice what to hide the fact that Clinton inherited an unemployment rate of 7.3% and handed Bush an unemployment rate of 4.2%, who in turn handed Obama an unemployment rate of 7.8%.
    Let's put the Bush/Obama record side by side starting with the unemployment numbers

    Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
    2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
    2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
    2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
    2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
    2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
    2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0
    2008 5.0 4.8 5.1 4.9 5.4 5.6 5.8 6.1 6.2 6.6 6.8 7.3
    2009 7.8 8.2 8.6 8.9 9.4 9.5 9.5 9.7 9.8 10.1 9.9 9.9
    2010 9.7 9.7 9.7 9.8 9.6 9.5 9.5 9.6 9.6 9.7 9.8 9.4
    2011 9.0 8.9 8.8 9.0 9.1 9.2 9.1 9.1

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

    it's time to take a look at our economic model / trade agreements, because if businesses don't step up hiring domestically, government will. we can either pay more for consumer goods or we can pay more taxes for entitlements. if we spend it on domestically made goods, there is more tax revenue which makes less borrowing possible. if we don't, cutting borrowing will be unlikely to impossible.

    i can attest that it's a crap job market. i navigated it in '09, found contract work, and have been navigating it again recently as my contract ends. luckily, i found out today that my old job opened up again, i applied immediately, and i think i got it. to say i'm relieved would be the understatement of the year.

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

    Quote Originally Posted by Conservative View Post

    I posted the Bush unemployment rate for his entire term vs. Obama's. Still waiting for you to post a side by side comparison.
    Bush, unemployment went from 4.2% to 7.8% -- a 3.6 point jump (86% increase)
    Obama, unemployment went from 7.8% to 9.1% -- a 1.3 point jump (17% increase)

    G'head, Con, this is where you cry that I'm off-topic again.
    Last edited by Sheik Yerbuti; 09-02-11 at 03:27 PM.

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

    Quote Originally Posted by Conservative View Post
    I forgot how I had to be very precise with a liberal and used too obvious of an example. Millions of small businesses have created success over time and that has made millionaires out of small middle class individuals. You have a better alternative than free enterprise and capitalism? All I see is whining. Keep underestimating the human spirit and entreprenuerial spirit.
    There you go again trying to be condescending.

    Yes, millions of Americans have started their own businesses - some out of their garages or from their kitchen tables - and are making hundreds of thousands if not millions of dollars today because they were able to turn their ideas into a product or service the free market system wants. I'm in no way arguing that. But...

    Some of those individuals financed their business venture out of their own pocket using their life savings, credit cards, or perhaps they sold damned near everything they had to get the money they needed. OR...

    Some borrowed money from friends and family. OR...

    Some sought loans either from local/commercial banks. OR...

    Some acquired the financial backing from venture capitalist. OR...

    Some sought small business loans from the FEDERAL GOVERNMENT or recieved FEDERAL grant money.

    Either way, the individual - whether college educated, high school graduate or no formal education at all - took a change, assessed the risks - and became successful entrepreneurs. Not everyone will be able to "see" their opportunity when such presents itself and not everyone will be able to capitalize on that opportunity when it comes their way. Life sometimes gets in the way while on the other hand some people just get lucky. Either way, I don't begrudge those who are successful anymore than I envy them.

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

    Quote Originally Posted by Sheik Yerbuti View Post
    Bush, unemployment went from 4.2% to 7.8% -- a 3.6 point jump (86% increase)
    Obama, unemployment went from 7.8% to 9.1% -- a 1.3 point jump (17% increase)

    G'head, Con, this is where you cry that I'm off-topic again.
    Just stop with the rhetoric !

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

    Quote Originally Posted by Conservative View Post

    Employment in November 2008 was 143.9 and employment January 2009 was 142.2 that isn't 2.4 million nor is the unemployment numbers from BLS so you can stop with the distortion and diversion.
    Holy, ****, Con! Stay away from numbers!!!

    First of all, your 143.9 figure is through the end of November. The point made was that 2 million jobs disappeared between the election and inauguration. Yet here you are, lying by starting with December 1, figures.

    Secondly, the numbers you post don't even match the numbers on BLS. BLS currently shows 144068 for 11/2008 enmployment. I highly recommend you refresh your personal stash.

    So to wrap up your post, you provided the forum with completely bogus numbers and you lied about which month to start counting from in relation to the election.

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

    Quote Originally Posted by Conservative View Post
    Businesses operate on a five year plan, not year to year and don't print their own money.

    deep water drilling was lifted late causing unemployment and drills to move overseas.

    NLRB facts S. Carolina employment and unemployment which goes into the national numbers.

    Tax policy affects a 5 year plan of business.

    Classes out today?
    So, what you're telling me is that althought Obamacare was signed into law in Mar 2010 businesses can't adjust the tailend of their 5-yr plan to incorporate tax increases, if any, that may apply to them?

    As I said in another thread recently, businesses need to STOP USING THE PPACA AS AN EXCUSE NOT TO HIRE! The projections are still 3-4 years out and have nothing to do with them planning for today. Moreover, if as you say businesses work on 5-year planning cycles, it's clear then that some have planned rather poorly don't you think?

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

    Quote Originally Posted by Sheik Yerbuti View Post
    Bush, unemployment went from 4.2% to 7.8% -- a 3.6 point jump (86% increase)
    Obama, unemployment went from 7.8% to 9.1% -- a 1.3 point jump (17% increase)

    G'head, Con, this is where you cry that I'm off-topic again.
    Unemployment rate by month

    Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
    2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
    2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
    2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
    2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
    2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
    2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0
    2008 5.0 4.8 5.1 4.9 5.4 5.6 5.8 6.1 6.2 6.6 6.8 7.3
    2009 7.8 8.2 8.6 8.9 9.4 9.5 9.5 9.7 9.8 10.1 9.9 9.9
    2010 9.7 9.7 9.7 9.8 9.6 9.5 9.5 9.6 9.6 9.7 9.8 9.4
    2011 9.0 8.9 8.8 9.0 9.1 9.2 9.1 9.1

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