Employers add no net jobs in Aug.; rate unchanged

Sheik Yerbuti · Sep 6, 2011

Conservative said:
Why would ARRA be spent in 2010 since it was for shovel ready jobs? Are you telling me those shovels weren't ready in 2009. You mean Obama lied to us?

Where do you come up with this **** from? Please post where Obama said all $787B would be spent in FY2009?

What a sad comeback after your ignorance on the matter was exposed as you were under the impression that no ARRA funds were spent in FY2010.

Conservative said:
I cannot help it if you don't understand that no TARP spending, No 100 billion Afghanistan supplemental, no 800 billion stimulus that was spent in 2009 should mean less 2010 spending.

More BS. More ARRA funds impacted the FY2010 budget than the FY2009 budget and still, spending fell in FY2010.

Conservative said:
CBO isn't a viable source but then again that is something else you don't understand

Oh? And what source do you turn to for such matters?

Conservative · Sep 6, 2011

Sheik Yerbuti said:
Where do you come up with this **** from? Please post where Obama said all $787B would be spent in FY2009?

What a sad comeback after your ignorance on the matter was exposed as you were under the impression that no ARRA funds were spent in FY2010.

More BS. More ARRA funds impacted the FY2010 budget than the FY2009 budget and still, spending fell in FY2010.

Oh? And what source do you turn to for such matters?

"Your" President lied to the American people about shovel ready jobs and his Administration claimed that passing the stimulus would cap unemployment at 8%. He is a failure.

I turn to bea.gov, bls.gov, and the U.S. Treasury data. You ought to try it as it would help your credibility which isn't worth much now.

Sheik Yerbuti · Sep 6, 2011

Conservative said:
"Your" President lied to the American people about shovel ready jobs and his Administration claimed that passing the stimulus would cap unemployment at 8%. He is a failure.

:roll:

Here's the claim you speak of ...

It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the obvious uncertainty that comes from modeling a hypothetical package rather than the final legislation passed by the Congress. But, there is the more fundamental uncertainty that comes with any estimate of the effects of a program. Our estimates of economic relationships and rules of thumb are derived from historical experience and so will not apply exactly in any given episode. Furthermore, the uncertainty is surely higher than normal now because the current recession is unusual both in its fundamental causes and its severity.

Conservative said:
I turn to bea.gov, bls.gov, and the U.S. Treasury data. You ought to try it as it would help your credibility which isn't worth much now.

And what do those sites tell you how much of TARP and ARRA was applied to the FY2009 budget?

Conservative · Sep 6, 2011

Sheik Yerbuti said:
:roll:

Here's the claim you speak of ...

It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the obvious uncertainty that comes from modeling a hypothetical package rather than the final legislation passed by the Congress. But, there is the more fundamental uncertainty that comes with any estimate of the effects of a program. Our estimates of economic relationships and rules of thumb are derived from historical experience and so will not apply exactly in any given episode. Furthermore, the uncertainty is surely higher than normal now because the current recession is unusual both in its fundamental causes and its severity.

And what do those sites tell you how much of TARP and ARRA was applied to the FY2009 budget?

The footnote is irrelevant because that isn't what the American people understood was going to happen and how the bill was sold. Now all I hear are excuses from you and the rest of the Obama minions. You have zero credibility just like "your" President. The results speak for themselves as does Obama's rhetoric when he said and I paraphrase, those shovel ready jobs weren't so shovel ready. Here we are 2 1/2 years later and after spending as much as Obama the results are a disaster. It will be those results on the ballot in 2012 and I know he can count on your support

pbrauer · Sep 6, 2011

Conservative said:
Obama and Democrats controlled the Congress in 2007-2009 thus the legislative process as well as the purse strings or haven't you taken a civics class?

:lamo How do you have a recovery in 2007 and 2008?

Conservative · Sep 6, 2011

pbrauer said:
:lamo How do you have a recovery in 2007 and 2008?

It was sarcastic as there was no recovery and still none under Democrat Congressional control

Sheik Yerbuti · Sep 6, 2011

Conservative said:
The footnote is irrelevant because that isn't what the American people understood was going to happen and how the bill was sold.

Strawman ... I didn't post the disclaimer in regard to what the American people understood, but in response to what you claimed. You claimed Obama lied by saying unemployment wouldn't rise above 8% with his plan when clearly, he never said that.

As far as you not answering my other question, I'll accept your non answer as those sites don't asnwer that question for you.

Conservative · Sep 6, 2011

Sheik Yerbuti said:
Strawman ... I didn't post the disclaimer in regard to what the American people understood, but in response to what you claimed. You claimed Obama lied by saying unemployment wouldn't rise above 8% with his plan when clearly, he never said that.

As far as you not answering my other question, I'll accept your non answer as those sites don't asnwer that question for you.

Obama speaks a lot but never says anything leaving that for his Administration so he can blame someone else and not himself. If you believe anything is spoken by members of his Administration without approval of the President, you are really naive and very poorly informed.

Sheik Yerbuti · Sep 6, 2011

Conservative said:
Obama speaks a lot but never says anything leaving that for his Administration so he can blame someone else and not himself. If you believe anything is spoken by members of his Administration without approval of the President, you are really naive and very poorly informed.

Your inability to understand what he says is because of him??

Talk about shirking personal responsibility.

:lamo

Conservative · Sep 6, 2011

Sheik Yerbuti said:
Your inability to understand what he says is because of him??

Talk about shirking personal responsibility.

:lamo

Never held a leadership position I see but not surprising. It really is a waste of time dealing with you and any of the other Obama supporters. Facts just get in the way of your opinions and feelings

Analysis of the Stimulus and what it would do.

http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf

Sheik Yerbuti · Sep 6, 2011

Conservative said:
Never held a leadership position I see but not surprising. It really is a waste of time dealing with you and any of the other Obama supporters. Facts just get in the way of your opinions and feelings

What the hell do you know about facts? You said no ARRA stimulus was spent in FY2010 when the fact is, FY2010 had the most ARRA funds spent.

Conservative said:
Analysis of the Stimulus and what it would do.

http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf

Umm, that analysis included:

It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the obvious uncertainty that comes from modeling a hypothetical package rather than the final legislation passed by the Congress. But, there is the more fundamental uncertainty that comes with any estimate of the effects of a program. Our estimates of economic relationships and rules of thumb are derived from historical experience and so will not apply exactly in any given episode. Furthermore, the uncertainty is surely higher than normal now because the current recession is unusual both in its fundamental causes and its severity.

Did you not read it or is it that you don't understand it?

Conservative · Sep 6, 2011

Sheik Yerbuti said:
What the hell do you know about facts? You said no ARRA stimulus was spent in FY2010 when the fact is, FY2010 had the most ARRA funds spent.

Umm, that analysis included:

It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the obvious uncertainty that comes from modeling a hypothetical package rather than the final legislation passed by the Congress. But, there is the more fundamental uncertainty that comes with any estimate of the effects of a program. Our estimates of economic relationships and rules of thumb are derived from historical experience and so will not apply exactly in any given episode. Furthermore, the uncertainty is surely higher than normal now because the current recession is unusual both in its fundamental causes and its severity.

Did you not read it or is it that you don't understand it?

You are a true legend in your own mind as you focus on minutia that does nothing but divert from the present to the past. Keep living there and you are in for quite a disappointment in 2012. Spend billions and get net job losses, higher unemployment, declining labor force, rising misery index, and trillions added to the debt and you get the numbers we have today which is zero net job gains in August 2011. You like the obama performance, great, you are in the minority.

Michael H · Sep 6, 2011

A partisan view of the economy ... who benefits ... not whose the blame.

Why we can't ignore growing income inequality. (5) - By Timothy Noah - Slate Magazine

AdamT · Sep 6, 2011

Conservative said:
You are a true legend in your own mind as you focus on minutia that does nothing but divert from the present to the past. Keep living there and you are in for quite a disappointment in 2012. Spend billions and get net job losses, higher unemployment, declining labor force, rising misery index, and trillions added to the debt and you get the numbers we have today which is zero net job gains in August 2011. You like the obama performance, great, you are in the minority.

Translation: don't confuse me with facts.

Conservative · Sep 6, 2011

AdamT said:
Translation: don't confuse me with facts.

Have yet to see you refute any facts presented but I have seen you join Sheik in distorting the past like judging Bush based upon the last half of 2008. Still waiting for that side by side comparision between the Bush and Obama results. Since you both like averages, let's see them and let the chips fall where they may

AdamT · Sep 6, 2011

Conservative said:
Have yet to see you refute any facts presented but I have seen you join Sheik in distorting the past like judging Bush based upon the last half of 2008. Still waiting for that side by side comparision between the Bush and Obama results. Since you both like averages, let's see them and let the chips fall where they may

I'm distorting the past by recounting the condition Bush left the country in? Wow, you are out there.

Conservative · Sep 6, 2011

AdamT said:
I'm distorting the past by recounting the condition Bush left the country in? Wow, you are out there.

Bush wasn't alone and you know it. Obama and Democrats approved everything that Bush did and it seems they were more interested in regaining the WH than doing their job yet you give them a pass. Says a lot about you.

Conservative · Sep 6, 2011

For those that have never been to TX but demonize everything that goes on here by looking at studies and media reports. Here is what you are missing

pictures of texas hill country - Google Search

Donc · Sep 6, 2011

Conservative said:
For those that have never been to TX but demonize everything that goes on here by looking at studies and media reports. Here is what you are missing

pictures of texas hill country - Google Search

I thought that the thread topic was" Employers add no net jobs in Aug.; rate unchanged"Not an infomercial for the Texas Hill country.:roll:

Sheik Yerbuti · Sep 6, 2011

Conservative said:
Have yet to see you refute any facts presented but I have seen you join Sheik in distorting the past like judging Bush based upon the last half of 2008.

No, you've seen them ... you just pretend that never happens. Just earlier you said no ARRA funds were spent in FY2010 and that was refuted. So who knows why you now act as though none of your "facts" get refuted.

Conservative said:
Still waiting for that side by side comparision between the Bush and Obama results. Since you both like averages, let's see them and let the chips fall where they may

Stop lying. You've been shown this before too. Why do you now pretend like you haven't been shown...
U3 Unemployment rate:

Bush: a 3.6 point increase from 4.2% to 7.8% (86% increase)

Obama: a 1.3 point increase from 7.8% to 9.1% (17% increase)

Lemme guess ... you don't like those "chips?"

AdamT · Sep 6, 2011

Conservative said:
Bush wasn't alone and you know it. Obama and Democrats approved everything that Bush did and it seems they were more interested in regaining the WH than doing their job yet you give them a pass. Says a lot about you.

Obama and Democrats approved the Bush tax cuts? Obama and Democrats approved the Iraq war? Obama and Democrats approved Medicare Part D? What a load of BS.

Conservative · Sep 7, 2011

AdamT said:
Obama and Democrats approved the Bush tax cuts? Obama and Democrats approved the Iraq war? Obama and Democrats approved Medicare Part D? What a load of BS.

In 2007-2011, you bet, they approved the Bush budgets in 2007-2008, In 2002 it was a Democrat Senate that approved the War Resolutino, and in 2010 it was Obama signing extension of the Bush tax cuts. Keep denying reality.

Boo Radley · Sep 7, 2011

Conservative said:
Right, see your point, spending enough to create 5 trillion in 8 years certainly is spending a lot more than 4 trillion in less than 3. I can see how the Obama spending on steroids was the wrong thing to say, LOL

Again, read what I said. You're being dishonest to say I said Bush spent more. I said both spent, a lot. You merely seem to think republican spending is fine. And no, you have not shown Obama's spending was spending on steroids. You need to do a lot more to support that claim.

Boo Radley · Sep 7, 2011

OpportunityCost said:
I can already see where you are going Sheik. You want to tack TARP onto Bush's budget when the totality of the money wasnt available and wasnt spent until Obama was already in office and some of it still hasnt been spent. You also want to target the payback into Obama's budget impact. IE Have your cake and eat it too. Am I close?

I would say two separate issues. One is that Bush did spend, and it does show on Obama's budget. That is just a fact. Now, a separate issue is if any of the spending was effective. If it was, than we can say spending can help. If it wasn't, it wasn't for either. But effectiveness is separate from the issue of whether both spent or not.

Conservative · Sep 7, 2011

Boo Radley said:
Again, read what I said. You're being dishonest to say I said Bush spent more. I said both spent, a lot. You merely seem to think republican spending is fine. And no, you have not shown Obama's spending was spending on steroids. You need to do a lot more to support that claim.

I think when you spend on national security it is indeed fine but when you spend on social programs that is over the line even though politicians have that right. I would call spending 500 billion more a year is putting spending on steroids but guess liberals have a different opinion. Liberals have never seen a dollar that they wouldn't spend creating dependence.

Employers add no net jobs in Aug.; rate unchanged

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