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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 pbrauer View Post
    "Your" President was in charge when we saw the greatest downturn since the Great Republican Depression.
    Seems he had a lot of support with Obama and the Democrat Congress but somehow Bush was a King and Obama has no responsibility for what has happened the last 2 1/2 years. You sure seem to have such disdain for free enterprise and capitalism. Interesting

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

    Quote Originally Posted by AdamT View Post
    You fall in line with every other wingnut talking point and follow the Limbaugh line like he's got a choke collar around your neck.
    don't listen to Limbaugh....So you're wrong again....See how easy that is?


    Wake up dude.

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

    Quote Originally Posted by Conservative View Post
    Still waiting for you to post the Bush/Obama record side by side. You seem to run from that challenge and only post a couple months as an indication of what Bush accomplished. The Obama record speaks for itself.

    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.
    You've got to be kidding the economy lost 2 million jobs between election day and inauguration day.

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

    Quote Originally Posted by AdamT View Post
    The only thing you can judge Obama by is what he accomplished vis-a-vis what he inherited. I mean, it's not like he inherited a budget surplus and turned it into a multi-trillion-dollar deficit, right?
    How do you inherit what you helped create? Civics tells you we have three equal branches of govt. Bush got a lot of help generating those numbers which of course you ignored just like you ignored the Obama promises to "fix" the economy. His hope and change message was different than the hope and change definition of most Americans. Still waiting for a side by side comparison between Obama and Bush results showing actual numbers, GDP, Debt, Employment, Unemployment, Misery Index. Let's see if you can be intellectually honest for a change?
    Last edited by Conservative; 09-02-11 at 12:34 PM.

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

    Quote Originally Posted by pbrauer View Post
    You've got to be kidding the economy lost 2 million jobs between election day and inauguration day.
    Yet Bush had a net job gain during his term and 2 1/2 years after inaugeration day Obama still has a net job loss even after having control of the Congress for two years. Get with Adam and come up with a side by side comparision of the Bush/Obama results.

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

    Quote Originally Posted by Conservative View Post
    Yet Bush had a net job gain during his term and 2 1/2 years after inaugeration day Obama still has a net job loss even after having control of the Congress for two years. Get with Adam and come up with a side by side comparision of the Bush/Obama results.
    No sir, that won't happen because level playing fields are not in the lexicon of a liberal, only talking points, and lies....Mercer Tyson has this opinion of the great success of the Stimulus that Obama did to, ahem, I mean gave to us.......

    In short, the stimulus was supposed to jump-start the economy and therefore fix it. It didn't. It bailed water out of the boat for a while, but didn't plug the hole.
    An excellent parallel of the stimulus story is the heralded "Cash for Clunkers" program. According to Edmunds, only 125,000 of the 690,000 purchases would not have been made without the incentives, and with $3 billion spent, that works out to $24,000 per car. Additionally, the price of used cars increased significantly due to the drop in supply, thereby impacting anyone (especially poor people) who needed to buy a used car. Moreover, With reference to carbon dioxide emitted in the process of making a new car, William Chameides of Duke University said that in order to offset the carbon footprint of the new car from a clunker, the average driver would need to drive the car about five and a half years; with trucks, the figure jumps to eight or nine years of typical driving. And to top this off, Harvard economics professor Edward Glaeser argues that subsidizing fuel-efficient vehicles encourages more driving, as the marginal cost per mile driven is less, which causes total fuel consumption to decrease less than expected.
    Yet the Cash for clunkers program was considered successful, much in the same way Bernstein and the others behind the stimulus think it was successful.
    While we are at it, let's do the math with Bernstein's numbers. At $800,000,000,000 for 2,500,000 jobs, that's $320,000 per job. Wow. Most of that slipped through the cracks because, as we know, the government has lots of huge cracks.
    So, if Bernstein and the other stimulus crafters believe the stimulus did what it was supposed to do, that means they intended to spend 800B taxpayer dollars to provide temporary jobs for 2,500,000 people at a cost of $320,000 per job.
    Instead of stating that the stimulus worked, Bernstein should have provided excuses for its failure. Had he insisted that the stimulus would have worked if it weren't for Obamacare, Dodd-Frank, job-killing green energy policies, etc., some people might have believed him. Not me, but what do I know? After all, my knowledge of these things is limited to what's obvious.

    Blog: The stimulus worked?
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    Re: Employers add no net jobs in Aug.; rate unchanged

    Bush's averages don't mean jack. What matters is that he took us on a journey from budget surplus and relative prosperity to massive deficits and the worst recession in three generations.

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

    Quote Originally Posted by j-mac View Post
    Hmmm....So what do you think the AP is doing? Lying?

    j-mac
    No, just getting it wrong. It takes about 150,000 jobs to keep the rate the same. So clearly, there was a gain of jobs in August. Just not enough to lower the unemployment rate.

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

    Quote Originally Posted by Conservative View Post
    Yet Bush had a net job gain during his term and 2 1/2 years after inaugeration day Obama still has a net job loss even after having control of the Congress for two years. Get with Adam and come up with a side by side comparision of the Bush/Obama results.
    You've been told this before, but whatever you can claim as a success for Bush was caused by the housing bubble, there is no way around that fact.

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

    Quote Originally Posted by pbrauer View Post
    You've got to be kidding the economy lost 2 million jobs between election day and inauguration day.
    Unemployment numbers by month. 2 Million? Hmmmm

    2008 7628 7435 7793 7631 8397 8560 8895 9509 9569 10172 10617 11400
    2009 11919 12714 13310 13816 14518 14721 14534 14993 15159 15612 15340 15267

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