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

  1. #851
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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by pbrauer View Post
    Actually Obama made things much better, here is a list of private sector gains and losses.

    Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    2008 Gains/Loss 4 -128 -87 -186 -240 -217 -265 -317 -434 -491 -787 -636
    2009 Gains/Loss -841 -721 -787 -773 -326 -438 -287 -215 -213 -250 -34 -102
    2010 Gains/Loss -42 -21 144 229 48 65 93 110 109 143 128 167
    2011 Gains/Loss 94 261 219 241 99 75 156 17
    and it cost over 800 billion dollars to generate thos numbers and still have a net job loss, higher unemployment than when he took office, a declining labor force when he took office, and miserable economic growth. Keep supporting the empty suit

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

    Quote Originally Posted by Boo Radley View Post
    Knowing histroy is the best way to prevent it from happening again. if you think just having a republican in office ignores histroy, and assures we will continue to repeat history.
    Looks like we will find out of the Republicans learned their lesson as they retake the WH in 2012

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

    Quote Originally Posted by Conservative View Post
    and it cost over 800 billion dollars to generate thos numbers and still have a net job loss, higher unemployment than when he took office, a declining labor force when he took office, and miserable economic growth. Keep supporting the empty suit
    Again most of those losses occurred just after taking office. Do you have a concept of what "inertia" is, Con?

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

    Quote Originally Posted by Conservative View Post
    Looks like we will find out of the Republicans learned their lesson as they retake the WH in 2012
    We might. But history tells us they won't. The more secure they fell, the more they will spend, and partisans likely won't say a word.

    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
    I think we premise success on how many people AREN'T living in poverty, period.
    That's a generality, the real debate is how that is achieved and always has been.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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

    Quote Originally Posted by Conservative View Post
    Absolutely, do you know that debt service is paid on public debt PLUS Intergovt. holding debt? With SS fund having a debt because money for future obligations was spent that was more than the public debt surplus how was there a total surplus?
    Social Security gets their money back plus interest. None the less, the total budget of the U.S. was balanced in 1999 and 2000. Rephrase the bold, i have no idea what you are asking.
    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
    Obama stimulus did nothing to create jobs but instead bailed out states which needed to solve their own problems and financial obligations. bailing out union pension funds may be stimulating for the unions but did nothing for the economy.
    Those jobs would have been lost though. So while we might fnd some agree with the second half of your statement, the first part is clearly false. If that money helped keep those jobs, and it did, he did save jobs with the money, factually.

    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 pbrauer View Post
    Again most of those losses occurred just after taking office. Do you have a concept of what "inertia" is, Con?
    There is a reason that 70% of the public have no confidence in Obama's handling of the economy but apparently those reasons escape brilliant people like you.

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

    Quote Originally Posted by Conservative View Post
    Obama stimulus did nothing to create jobs but instead bailed out states which needed to solve their own problems and financial obligations. bailing out union pension funds may be stimulating for the unions but did nothing for the economy.
    Nonsense. U.S. GDP would have been lower by the exact amount spent + multipliers from stimulus on a per year basis.
    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
    Those jobs would have been lost though. So while we might fnd some agree with the second half of your statement, the first part is clearly false. If that money helped keep those jobs, and it did, he did save jobs with the money, factually.
    How do you know those jobs would have been lost? You continue to buy the leftwing rhetoric and ignore logic and common sense. Someone comes to you and offers you money that doesn't have to be paid back and money that will prevent you from paying your monthly expenses, what would you do?

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