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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 Conservative View Post

    By actually getting a job since there are jobs in TX. One doesn't escape poverty by relying on liberalism.
    And despite that, Texas still has the 6th highest poverty rate. You're not making sense. On one hand, you're saying Texas leads the nation in job growth and your saying saying because of that, Texas offers the best opportunity to escape poverty ...

    ... But given that, Texas still ranks at #6 among the states with the highest poverty rates.

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

    Quote Originally Posted by Conservative View Post
    Whether you like it or not Republicans didn't spend 3.6 trillion dollars and although Republicans spent too much they were powerless from 2007-2011. The Obama "Hope and Change" message meant something entirely different to the majority in this country vs what Obama meant and that is obvious today. Obama is and always will be a Community Organizer, not a President.

    Now he is getting a lot of help from others who have managed or lead nothing with over the top rhetoric. Think a true leader would condone the following?
    No squirrel moments please.

    Both have spent, and spent a lot. There is nothing legimate that you can do to dispute that, which is why you leap around so much I think.

    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 AdamT View Post
    You have an amazing ability not to see that you are exactly what you describe.
    You definitely have a problem and obviously don't pay any attention to previous posts. Results matter,not rhetoric, but you continue to buy the rhetoric thus the lies. Doesn't matter what Obama inherited, only matters what he has done, and that record has been posted over and over again. You are part of a declining number of supporters who still hold on to the "Hope and Change" message ignoring that there is a disconnect between your definition and Obama's

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

    Quote Originally Posted by Sheik Yerbuti View Post
    And despite that, Texas still has the 6th highest poverty rate. You're not making sense. On one hand, you're saying Texas leads the nation in job growth and your saying saying because of that, Texas offers the best opportunity to escape poverty ...

    ... But given that, Texas still ranks at #6 among the states with the highest poverty rates.
    Again, I live in reality, you read articles. Still people keep moving to TX, jobs are still created in TX, and taxes remain low in TX.

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

    Quote Originally Posted by Boo Radley View Post
    No squirrel moments please.

    Both have spent, and spent a lot. There is nothing legimate that you can do to dispute that, which is why you leap around so much I think.
    Yep, Bush and the Congress spent a lot and Obama plus the Congress put that spending on steroids. Obama has created more debt in 2 1/2 years than any other President in U.S. history and we have terrible results to show for it.

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

    Quote Originally Posted by Conservative View Post

    Again, I live in reality, you read articles. Still people keep moving to TX, jobs are still created in TX, and taxes remain low in TX.
    Not articles ... census data.

    Despite everything you're saying, Texas still has the 6th highest poverty among the all of the states in the U.S.

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

    Quote Originally Posted by Sheik Yerbuti View Post
    Not articles ... census data.

    Despite everything you're saying, Texas still has the 6th highest poverty among the all of the states in the U.S.
    Amazing, isn't it, that the state still votes conservative? Wonder why that is? Looks to me that the people of TX aren't concerned about that ranking and certainly aren't as concerned about it as you appear to be.

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

    Quote Originally Posted by Conservative View Post
    Yep, Bush and the Congress spent a lot and Obama plus the Congress put that spending on steroids. Obama has created more debt in 2 1/2 years than any other President in U.S. history and we have terrible results to show for it.
    We've been down this road before. To reach that conclusion, you add Bush's numbers to Obama's. Sorry, but that still doesn't fly. Try something new.



    For the record, the debt nearly doubled under President George W. Bush. Only in that sense could Obama accurately be accused of proposing to double the debt "again."

    Obama’s ‘Bumbles’ | FactCheck.org

    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

    Amazing, isn't it, that the state still votes conservative? Wonder why that is?
    Why? I don't know, what is it about Conservatism that creates such loyalty?

    Quote Originally Posted by Conservative View Post

    Looks to me that the people of TX aren't concerned about that ranking and certainly aren't as concerned about it as you appear to be.
    No question Texans as blind to poverty in Texas as you, aren't.

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

    Quote Originally Posted by Michael H View Post
    As it was common knowledge and I do know where it went ... or a great portion ... its inconsequential. It was a stimulus to the banks and businesses recovery from losses. Its a search away on google ... and I've already debated the issue. Foreign and national interests were helped. That's what matters. If you like this stuff ... do a search on Q2 600 billion going to foreign banks through their American subsidiaries. So much for credit being available here in the US. Our little contribution to the PIIGS 's problems.
    A loan is not a bailout.... The Fed is expected to be the lender of last resort.

    You made a statement that $16 billion in secret loans were given to banks, as though the Fed was doing something wrong. Consider this statment:

    Quote Originally Posted by Michael H View Post
    Add 16 trillion in secret loans to derivative gamblers ... now there a bailout.
    Primary dealer credit facility (PDCF) loans were certainly not secret, and were a function of either the discount window or Fed funds overnight market. The manner in which they are being described is intellectually dishonest. Let's go directly to the source:

    Quote Originally Posted by GAO
    Table 8 aggregates total dollar transaction amounts by adding the total dollar amount of all loans but does not adjust these amounts to reflect differences across programs in the term over which loans were outstanding. For example, an overnight PDCF loan of $10 billion that was renewed daily at the same level for 30 business days would result in an aggregate amount borrowed of $300 billion although the institution, in effect, borrowed only $10 billion over 30 days. In contrast, a TAF loan of $10 billion extended over a 1-month period would appear as $10 billion. As a result, the total transaction amounts shown in table 8 for PDCF are not directly comparable to the total transaction amounts shown for TAF and other programs that made loans for periods longer than overnight.
    Source

    Which is why posting "$16 trillion in loans" is not technically correct because it does not make a distinction between time frames. You may admit your error, there is no shame.
    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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