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

  1. #441
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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Aunt Spiker View Post
    . In this country countless people are going back to college and leaving their summer jobs (school teachers and students alike) - this, comfortably, accounts for millions of job fluctuations without raising concern.
    Seasonal adjustment takes care of this discrepancy
    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 washunut View Post
    Not sure what you you mean by "take on a liquidity trap"?
    Oh....

    Are there any policy initiatives that can take us out of a liquidity trap?
    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

  3. #443
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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Sheik Yerbuti View Post
    You excluded January, 2009 ... -841 -- Bush total, 8 years, -653,000 jobs in the private sector.
    Is there really a point to looking backwards at someone who most acknowledge was a lousy President. Is your goal to prove that our lousy president is better than your lousy president.

    It would be great to hear a Lincoln/Douglas type of debate during the next election cycle about new, workable ideas to adjust the economy to better compete in the 21st century. Versus the boring back and forth over failed ideas, be it solely tax cuts or short term government spending.

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

    Quote Originally Posted by washunut View Post
    Is there really a point to looking backwards at someone who most acknowledge was a lousy President. Is your goal to prove that our lousy president is better than your lousy president.

    It would be great to hear a Lincoln/Douglas type of debate during the next election cycle about new, workable ideas to adjust the economy to better compete in the 21st century. Versus the boring back and forth over failed ideas, be it solely tax cuts or short term government spending.
    When you have the results of the current President supporters have to look back to divert from discussing that record for that is all they have.

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

    Quote Originally Posted by washunut View Post
    Is there really a point to looking backwards at someone who most acknowledge was a lousy President. Is your goal to prove that our lousy president is better than your lousy president.

    It would be great to hear a Lincoln/Douglas type of debate during the next election cycle about new, workable ideas to adjust the economy to better compete in the 21st century. Versus the boring back and forth over failed ideas, be it solely tax cuts or short term government spending.
    It's more of a "don't throw stones when your house is made of glass" thing.
    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 Conservative View Post
    Playing a role is a given, being instrumental in that role is another thing. We don't elect a King but many here blame Bush but somehow ignore what Obama has done so I guess Bush was a king and we eliminated that role when Obama took office.
    No ignoring obama. Just noting there is plenty of blame to go around, and trying to get across to you that government isn't the answer. Leaders have limited ability to effect the economy, and almost no ability to control it, . . . unless of course YOU want the government to take over production.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Conservative View Post
    When you have the results of the current President supporters have to look back to divert from discussing that record for that is all they have.
    Nope! See above
    Last edited by Kushinator; 09-05-11 at 12:01 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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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Boo Radley View Post
    No ignoring obama. Just noting there is plenty of blame to go around, and trying to get across to you that government isn't the answer. Leaders have limited ability to effect the economy, and almost no ability to control it, . . . unless of course YOU want the government to take over production.
    You telling me that politicians controlling 3.7 trillion dollars of our money don't impact the private sector? Policy affects incentive and private sector growth thus job creation and when you have the power of the purse that is huge control.

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

    Quote Originally Posted by Goldenboy219 View Post
    Nope! See above
    I have looked above and nothing you have posted changes the results this President has generated which are contrary to what he promised.

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

    Quote Originally Posted by Goldenboy219 View Post
    Oh....

    Are there any policy initiatives that can take us out of a liquidity trap?
    Well the weak dollar policy we are following will over time drive people to want to hold less dollars. If we had a policy to harness our natural gas and shale oil that would greatly decrease the dollars we pay for energy. We could attempt to give some sort of benefit to companies that onshore versus offshore their manufacturing. The Fed with with QEs seem to be trying to backdoor inflation and you may see a new target. Something I have read talked about nominal GDP or NGDP targeting. So if that target stays in the 5-6% range, and growth is downgraded to an expected rate of 1.5% then the Fed would target inflation of 3.5-4.5%. Their current target being about 2%.

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