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Employers add no net jobs in Aug.; rate unchanged

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Conservative said:
People don't have money today because companies aren't hiring due to liberal economic policies as the results show. You hired Obama to fix the economy you claim was broken and he has failed. Now you want to give him four more years of failure. The results speak for themselves, keep running from them.
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Which liberal economic policies are causing companies not to hire?
 
Conservative said:
People don't have money today because companies aren't hiring due to liberal economic policies as the results show. You hired Obama to fix the economy you claim was broken and he has failed. Now you want to give him four more years of failure. The results speak for themselves, keep running from them.
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You're wrong, companies are not hiring because there is not enough demand. Supply side economics is a dismal failure, which only cultist believe anymore.

Adam Smith 1776
 
pbrauer said:
Can you please tell me why the economy went into the toilet during "The Bush Years?"
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Where ya been Pete?

The housing market and mortgage lenders crashed, which was casued by the failed CRA, a policy instituted and enforced by the previous 2 democratic administrations.

Now Pete, tell us all why it is Obama's economic policies have completely failed to revive the US economy... and do us all a favor, and stop blaming Bush and republicans for HIS policy failures... It's really getting quite old.
 
Tettsuo said:
Historically, when supply side economics are in place, America has done poorly... particularly when compared to a more demand oriented system. A system that benefits the people more than businesses.

Actually unions made America the greatest economic power in the world. Unions created a strong middle class which has been the engine of American business and its financial success.
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Define doing poorly? Supply side creates demand and rewards people for their own initiative, drive, and creativity. Economic results prove you wrong and Obama is a perfect example of govt. overreach destroying supply side.

Unions served their purpose and have outlived their usefulness. Something to think about.

Shelby Steele: Obama and the Burden of Exceptionalism - WSJ.com
 
All the conservative hypocrisy continues.

1. Most conservatives in the US hate the government and dont consider government jobs as real jobs.
2. Private sector jobs went UP!
3. Public sector jobs went DOWN!

End result, conservatives use this positive conservative job reports as a negative!

Yes it was not good enough on the private sector job growth, and all that, but it pisses me off how disingenuous the US conservative movement is on this issue (and many others). Conservatives should be happy the public sector is loosing jobs.. it is money saved according them after all!!

And then add to the fact that the reason private sector is not adding more jobs is in large part because of the conservatives themselves and their freaking party of NO!
 
Conservative said:
Define doing poorly? Supply side creates demand and rewards people for their own initiative, drive, and creativity.
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So with historically low effective tax rates and historically low capital gains tax where is the demand that supply side economics dictates ?
 
winston53660 said:
So with historically low effective tax rates and historically low capital gains tax where is the demand that supply side economics dictates ?
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Obamacare isn't low tax rates and increases the cost of hiring as do regulations and the demonization of profits.
 
Conservative said:
Define doing poorly?
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Doing poorly is when the actual backbone of the economy is crumbling. Erosion of the middle class (the backbone of America) has increased greatly under Republicans using supply side economics. Another sign of failing economic system is the general increase of deficits.

National debt by U.S. presidential terms - Wikipedia, the free encyclopedia

Supply side creates demand and rewards people for their own initiative, drive, and creativity.
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Supply side does not create demand, it creates production.. hence the term supply side. Without demand to drive production, there is no reason to continue to produce let alone increase production and from that, increase staff.
Economic results prove you wrong and Obama is a perfect example of govt. overreach destroying supply side.
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Please give examples of Obama's overreaching so we can discuss.
Unions served their purpose and have outlived their usefulness. Something to think about.

Shelby Steele: Obama and the Burden of Exceptionalism - WSJ.com
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People banning together towards a common goal of mutual benefit will NEVER outlive it's usefulness.
 
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PeteEU said:
All the conservative hypocrisy continues.

1. Most conservatives in the US hate the government and dont consider government jobs as real jobs.
2. Private sector jobs went UP!
3. Public sector jobs went DOWN!

End result, conservatives use this positive conservative job reports as a negative!

Yes it was not good enough on the private sector job growth, and all that, but it pisses me off how disingenuous the US conservative movement is on this issue (and many others). Conservatives should be happy the public sector is loosing jobs.. it is money saved according them after all!!

And then add to the fact that the reason private sector is not adding more jobs is in large part because of the conservatives themselves and their freaking party of NO!
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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.

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.
 
Conservative said:
Seems you are stuck on the Bush issue again, fully expected as you cannot defend the Obama record. I would run from it as well.
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I was responding to your post. Funny how responding to your posts frequently causes you to complain that others are off-topic.
 
Grim17 said:
Where ya been Pete?

The housing market and mortgage lenders crashed, which was casued by the failed CRA, a policy instituted and enforced by the previous 2 democratic administrations.
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This is silliness and ignorance on your part, Grim. You're blaming low income people for our problems, that's rich. Maybe you should stop listening to Beck and the other "conservative" talkers. Wake up and smell the coffee!!

My challenge to you, is to prove that your assertion is true.
BTW, not that it really matters, but did you know Bush wanted to get 100% mortgages for low income people through Fannie and Freddie? He gave several speeches on the subject.
 
Tettsuo said:
Doing poorly is when the actual backbone of the economy is crumbling. Erosion of the middle class (the backbone of America) has decreased greatly under Republicans using supply side economics. Another sign of failing economic system is the general increase of deficits.

National debt by U.S. presidential terms - Wikipedia, the free encyclopedia


Supply side does not create demand, it creates production.. hence the term supply side. Without demand to drive production, there is no reason to continue to produce let alone increase production and from that, increase staff.

Please give examples of Obama's overreaching so we can discuss.

People banning together towards a common goal of mutual benefit will NEVER outlive it's usefulness.
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This is a country of equal opportunity not equal outcome. Middle class going up in class seems to be a problem with you. Doesn't seem you understand the concept of equal opportunity. Obama overreach has been shown throughout this forum so keep ignoring them starting with his stimulus plan which bailed out unions and state responsibility issues and then moved on to Obamacare.
 
Conservative said:
Let me know when that happens and regulations are reduced. You want badly to buy Obama rhetoric, why?
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Uhh regulations already have been reduced. Now are going to make an argument defending supply side economics or are you going to keep on diverting from that subject?
 
winston53660 said:
Uhh regulations already have been reduced. Now are going to make an argument defending supply side economics or are you going to keep on diverting from that subject?
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Waiting for an answer to the question, why do you buy the Obama rhetoric? Results matter, not rhetoric
 
Conservative said:
Waiting for an answer to the question, why do you buy the Obama rhetoric? Results matter, not rhetoric
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I got my answer. You are going to continue with the diversions as I expected.
 
Conservative said:
What the hell are you talking about, the stock market ended up about even for the month. Once again you have no clue as to what you are talking about. Try focusing on the Obama results but I notice that you continue to run from those results. Obama is incompetent and shows the same characteristics of other liberals who try to impose liberal social engineering on the center right country.
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You forget that the DJIA started its downward slide in late-July and continued to fluxuation - mostly trending downward - throughout the month of August. Yes, it picked up by the last week of the month, but a slight end-of-the-month rally cannot correct the huge loses for the 4-6 six prior to a 1-week rebound...if you can call it that considering that the small gains have not put the numbers back where they were prior to July 22 when the stock market began its downward spiral.
 
Objective Voice said:
You forget that the DJIA started its downward slide in late-July and continued to fluxuation - mostly trending downward - throughout the month of August. Yes, it picked up by the last week of the month, but a slight end-of-the-month rally cannot correct the huge loses for the 4-6 six prior to a 1-week rebound...if you can call it that considering that the small gains have not put the numbers back where they were prior to July 22 when the stock market began its downward spiral.
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I am not surprised that the market is where it is, companies today are making profits because of low payroll and aren't going to hire until obama leaves office or changes his economic policies. That downward spiral that you claim isn't a spiral at all. What the market didn't like was no significant cuts in spending, period. There are no cuts in the latest plan just a reduction in growth.
 
AdamT said:
Right, and why was it such a bad month? Could it be in large part because the stock markets took a dive as a result of the Republicans' idiotic debt ceiling stunt? Does it surprise you that companies were more hesitant to hire after seeing $4 trillion erased from their books in a single week? You mean dumbass Republican games DO have real world consequences? Shocked!!

Conservative said:
What the hell are you talking about, the stock market ended up about even for the month. Once again you have no clue as to what you are talking about.
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When the hell do you stop lying, Con?

DJIA: down 4.4%
8.1 open: 12,144.30
8.31 close: 11,613.53

NASDAQ: down 7.6%
8.1 open: 2,791.45
8.31 close: 2,579.46

S&P500: down 5.7%
8.1 open: 1,292.59
8.31 close: 1,218.89
 
Tettsuo said:
Which liberal economic policies are causing companies not to hire?
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Obamacare is one especially for the small businesses. Govt. shutdown of drilling in the Gulf, NLRB actions in S. Carolina, uncertainly about the tax code and policy. I could go on.
 
Conservative said:
This is a country of equal opportunity not equal outcome. Middle class going up in class seems to be a problem with you. Doesn't seem you understand the concept of equal opportunity. Obama overreach has been shown throughout this forum so keep ignoring them starting with his stimulus plan which bailed out unions and state responsibility issues and then moved on to Obamacare.
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Stop with this "equal opportunity not equal outcome" BS! The deck has been stacked against the middle class in this country for well over 30 years. Only a fool would ignore how supply-side economics which rellied heavily on creating wealth from within the financial services sectors and NOT through manufacturing and exports have killed the blue collar working environment. Only someone with deeply rooted conservative values OR a complete idiot would think that it's okay to build up the prosperity in this country through "tax decreases, creative financing and pure consumer consumption" and think that if you just deregulate and turn a blind eye to all the misgivings within Corporate America that somehow everything will magically be okay. Well, IT'S NOT OKAY!

Deregulation brought about greed. Greed and the lack of regulatory oversight is what has brought this country down. Millions of hard working American from all walks of life have lost their jobs, their life savings and for some even their very lives because of the stupid decisions made by those on Wall Street and in Congress. Only a fool would ignore these truths.
 
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Objective Voice said:
Stop with this "equal opportunity not equal outcome" BS! The deck has been stacked against the middle class in the country for well over 30 years. Only a fool would ignore how supply-side economics which relied heavily on creating wealth from within the financial services sectors and NOT through manufacturing and exports have killed the blue collar working environment. Only someone with deeply rooted conservative values OR a complete idiot would think that it's okay to build up the prosperity in this country through "tax decreases, creative financing and pure consumer consumption" and think that if you just deregulate and turn a blind eye to all the misgivings within Corporate America that somehow everything will magically be okay. Well, IT'S NOT OKAY!

Deregulation brought about greed. Greed and the lack of regulatory oversight is what has brought this country down. Millions of hard working American from all walks of life have lost their jobs, their life savings and for some even their very lives because of the stupid decisions made by those on Wall Street and in Congress. Only a fool would ignore these truths.
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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
 
Conservative said:
I am not surprised that the market is where it is, companies today are making profits because of low payroll ...
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Exactly, you've hit the nail squarely on the head. Why should they hire anyone if there making a profit?
 
j-mac said:
BAWAHAAAAA! That dog don't hunt anymore pal, especially when we now know that the stunt pulled was Obama trying to increase the amount of taxation after a tentative deal had already been reached...

j-mac
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WRONG! The President started out seeking a clean debt limit increase - no tax revenue, no spending cuts. He only sought "revenue raisers" after Cantor/Boehner/McConnell insisted on deep spending cuts which would have come primarily from social programs. And even then, the President was offerring a 4-1 deal - $4 trillion in cuts for $1 trillion in revenue over 10-12 years. The GOP idiot trio balked! Get your facts right.
 
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