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

  1. #171
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    Re: Employers add no net jobs in Aug.; rate unchanged

    Sorry for the text bomb, but I figure it's needed to combat the fail here.

    Quote Originally Posted by Conservative View Post
    Aw bull****, stop with the bleeding heart liberal and tell that to Bill Gates, Steve Jobs, and all other self made millionaires who took risk and didn't need govt. to take care of them.

    Your lack of understanding of the private sector is an indictment of our education system today. In a free enterprise society there are going to be people that cannot compete and are going to be left behind. That is their own fault and not the role of the govt. to raise them up beyond their ability to compete. Failure is not only an option with liberalism but an expectation so as to create dependent people
    Time for a personal story that I've mentioned from time to time: growing up, my dad was raising 1 son full time, and 2 kids part time (custody arrangements and the like.) He worked as a small business owner running his own lawncare company. Well, around 2000 or so, the economy tanked- and people see hiring someone to care for your lawn as a luxury, so he lost a large chunk of his client. Since his entire industry was in the same boat (and to say nothing of the town's economy in the first place), he had to resort to government aid to get us through until business picked up or he could get hired somewhere else. Of course, after things picked back up, he was able to regain clients, and did great after that. So, my point is, government aid can help hard-working people through difficult times.

    Quote Originally Posted by Conservative View Post
    They are making money by doing more with less. Increase the demand and businesses will hire. Obama isn't doing that by improving incentive
    You do realize that you've just summed up the essence of Keynsian economics, right?

    Quote Originally Posted by Conservative View Post
    Clean debt limit increase does nothing but raise the credit card limit and that is and was unacceptable. There are no spending cuts because the base budget used was the record 3.7 trillion plus normal increases.
    Can you give me one other instance where there was this level of negotiation/hostage taking over the debt? What the GOP did was completely unprecedented.

    Quote Originally Posted by Conservative View Post
    This shows that the Bush administration generated very good results up until the Democrats took control of Congress and implemented their legislative control. Bush has been blamed for the recession and for the poor economy, just showing that it wasn't always poor. Then I posted the 2011 results which are also blamed on Bush, so explain that one to me.
    Can you show me specific legislation or actions that the Dem controlled congress took that was responsible? A bill they passed or action they convinced Bush to do, perhaps?

    Quote Originally Posted by Conservative View Post
    most conservatives hate a 3.7 trillion dollar federal govt. and that being the baseline for cut consideration. Let me know when Obama has a net job gain in the private sector from when he took office. That freaking party of no is 1/3 of the govt. that is saying no to the Obama record. When will you join that party of no that generated the following results? I know how badly you want to ignore the first two years Obama had when the Republicans couldn't say no.
    The thing about the deficit is that is isn't an immediate problem. It may cause problems down the line, but right now it's not the pressing issue, jobs and the economy are. The thing is, government spending is good for the economy because it keeps money circulating. If I take money and buy a gallon of milk with it, the grocer will take that money and use it to pay an employee; Cutting the deficit does nothing to help the economy.

    Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.
    Interestingly enough, S&P blamed the downgrade on politicians playing chicken with the debt limit increase. Now, which party was it that was doing that, again? *cough* GOP *cough*
    The Makeout Hobo is real, and does indeed travel around the country in his van and make out with ladies... If you meet the Makeout Hobo, it is customary to greet him with a shot of whiskey and a high five (if you are a dude) or passionate makeouts (if you are a lady).

  2. #172
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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    Just to be fair what you always do is ignore actual data and results. You have blamed Bush for everything while ignoring the Obama results. The question is why?
    Why do you ignore the FACT that this is the worse recession since the Great Recession, began under Bush's watch, not under Obama's watch. And like the Great Depression wasn't cured easlily, so this will not be either. It will be even harder now, since we don't have the industrial base we once had. If Adam Smith taught anything, it was that the wealth of a nation is dependent upon that nation making things. Wealth is created by making things, not on Wall Street.

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

    Quote Originally Posted by David D. View Post
    I don’t think the burst of the mortgage bubble and the high unemployment rates are the direct result of the Democrats taking control of Congress. The bubble has a much longer term ‘culprit’ to blame, and that’s Washington’s inability to hold anyone in the banking industry accountable when they break the law.

    I believe in free market, but I don’t believe that powerful businesses should be allowed to break the law just because they’re powerful. Without fraud we would NOT have seen the market collapse the way it did.



    Well, true. But to imply that he was the direct reason for the downgrade is nonsense.

    And on another note, S&P ratings are a sham! We need to get rid of government mandated rating agencies. You strip that government endorsement, and eventually people will realize that they (the ratings agencies) serve absolutely no purpose. Do your own research!
    If you have been following this forum you would see that Bush has been blamed for everything including claims made by Obama. As I pointed out Congress was under the control of the Democrats from January 2007-January 2011. The Obama results today have nothing to do with the Bush years as he had total control of Congress and a blank check to solve the problems. He has been a miserable failure. Having total debt of 14.6 trillion dollars which is close to our yearly GDP is a joke. The Obama budgets have been records and he has done absolutely nothing to slow spending or cut spending. Using the baseline record budget as a starting point is a joke and fools no one except the minions that buy his rhetoric.

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

    Quote Originally Posted by Conservative View Post
    No,the election was in Nov. 2006, they took over in January 2007. Elections are in even years but nice try.

    Suggest you research before posting
    Either way you slice it, GWB still averaged a higher unemployment rate leading up to when the Democrats controlled Congress during his presidency whether they took over in 2006 or 2007. Only a fool would continue to play partisan games with the numbers you continue to post because the facts just don't support your claim. Still, you can turn off the "blame Bush" water works. We all know you're from the great state of Texas and no matter what GWB did right or wrong you'll never place blame at his feet.

    For what it's worth, I blame Bill Clinton for deregulation just as much as I blame GWB for his failure to provide regulatory oversight. And I blame Congress for not stepping in and doing what was right for the country as the buildup to the housing bubble loomed just as I blame it now for putting politics ahead of practicality.
    Last edited by Objective Voice; 09-02-11 at 04:25 PM.

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

    Quote Originally Posted by pbrauer View Post
    Why do you ignore the FACT that this is the worse recession since the Great Recession, began under Bush's watch, not under Obama's watch. And like the Great Depression wasn't cured easlily, so this will not be either. It will be even harder now, since we don't have the industrial base we once had. If Adam Smith taught anything, it was that the wealth of a nation is dependent upon that nation making things. Wealth is created by making things, not on Wall Street.
    And you ignore the recession of 81-82 which was worse. This recession ended June 2009 and the results today are worse than when he took office, that is a fact and his responsibility.

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

    Quote Originally Posted by Conservative View Post
    Yep, Bush average unemployment rate under 6% and Obama's over 9. Now there is a record that liberals are proud of.

    Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.
    Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ

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

    Quote Originally Posted by Conservative View Post

    Yep, Bush average unemployment rate under 6% and Obama's over 9. Now there is a record that liberals are proud of.
    That's because you're intionally ignoring the unemployment level each president inherited. Unemployment under Obama has increased 17%. If Bush wasn't the total failure he turned out to be and handed Obama an unemployment rate as low as the one he himself inherited, than that 17% increase on top of a 4.2% unemployment rate would put unemployment somewhere in the neighborhood of 4.9% today.

    But of course, what's a Conservative to do? Hide those numbers by averaging the numbers out, which of course conceals ...

    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)

    Be careful, Con, there's a bunch of numbers in there -- I don't want you to get hurt.
    Last edited by Sheik Yerbuti; 09-02-11 at 04:25 PM.

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

    Quote Originally Posted by Objective Voice View Post
    Either way you slice it, GWB still averaged a higher unemployment rate leading up to when the Democrats controlled Congress during his presidency whether they took over in 2006 or 2007. Only a fool would continue to play partisan games with the numbers you continue to post because the facts just don't support your claim.
    GW Bush isn't in the WH and Obama was hired to "Clean up" the Bush mess and he has failed.

    "Whether they took over in 2006 or 2007?" You have to be kidding me. You don't know when the election was and are trying to tell me or anyone else that you know what you are talking about? Bye

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

    Quote Originally Posted by Sheik Yerbuti View Post
    That's because your intionally ignoring the unemployment level each president inherited. Unemployment under Obama has increased 17%. If Bush wasn't the total failure he turned out to be and handed Obama an unemployment rate as low as the one he himself inherited, than that 17% increase on top of a 4.2% unemployment rate would put unemployment somewhere in the neighborhood of 4.9% today.

    But of course, what's a Conservative to do? Hide those numbers by averaging the numbers out, which of course conceals ...

    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)

    Be careful, Con, there's a bunch of numbers in there -- I don't want you to get hurt.
    Put the averages side by side, Sheik, and then ask the 25+ million unemployed and under employed, or the 16.7% black unemployed if they care about the percentage change between Bush and Obama?

    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

  10. #180
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    Re: Employers add no net jobs in Aug.; rate unchanged

    My position is that the republicans and republican pressure is largely to blame for the poor job growth. Let's look at some more recent numbers, conservative.

    Jobs created, per thousands, by month

    Jan 68
    Feb 235
    Mar 194
    Apr 217 (GOP threatens to shutdown gov., gets major spending cuts)
    May 53
    Jun 20
    Jul 85 (may-jul: spending cuts take effect, GOP holds debt ceiling raise hostage, gets more spending cuts)
    Aug 0 (GOP wins even more spending cuts)


    So it seems to me, that the GOP's crusade for spending cuts is doing some harm to the economy. Now, I'll do something Conservative never does: give a source for my numbers!

    http://research.stlouisfed.org/fred2/data/PAYEMS.txt
    The Makeout Hobo is real, and does indeed travel around the country in his van and make out with ladies... If you meet the Makeout Hobo, it is customary to greet him with a shot of whiskey and a high five (if you are a dude) or passionate makeouts (if you are a lady).

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