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Thread: U.S. Jobless Rate Unexpectedly Declines to 8.6%

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by AdamT View Post

    Sure, other companies would have picked up the slack, eventually. But a lot of that slack would have been taken up by foreign brands. In the meantime, instead of peaking at an unemployment rate a little over 10%, we'd have been looking at UP of 11 - 12%. The markets would have puked, revenues would have fallen even farther, and tax expenditures would have risen to pay all those UP benefits. In other words, it was going to cost the government billions one way or the other.
    So now we move on to the "foreign brands" stance? Did the American taxpayers spend billions of dollars in taxpayers money to avoid foreign investment in the United States? Believe it or not but many countries are encouraging foreign investment, Canada among many others. Meanwhile evidence is that the United States is discouraging foreign business and investments.

    There is no evidence, apart from the word from the distributors of Kool Aid, that there would have been any unemployment in those measures at all, athough there undoubtedly will be if the Democrats continue to discourage foreign investment. All we have to do is look at the Keystone Project to see that that genuine blue collar jobs are of little interest to present day Democrats. Joe the Plumber working class people are always a mystery to the faculty lounge in this New America.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by treedancer View Post
    It kinda hard to argue with an ideologue Adam. So sad.
    You think it isn't an ideologue that supports someone who has been in office 3 years adding 4.5 trillion to the debt, a declining labor force, net job loss, less than 2% GDP growth, and rising misery index? Think that any true ideologue ignores the results to always focus on something else? Sad, very sad

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by AdamT View Post
    I don't necessarily see government assistance to industry as bad, let alone catastrophic. It has certainly been invaluable to the S. Korean industrial giants who are kicking ass and taking names.
    You feel South Korea should be an example and an inspiration to the United States?

    Perhaps Barrack Obama should base his ongoing election campaign on that idea.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Grant View Post
    So now we move on to the "foreign brands" stance? Did the American taxpayers spend billions of dollars in taxpayers money to avoid foreign investment in the United States? Believe it or not but many countries are encouraging foreign investment, Canada among many others. Meanwhile evidence is that the United States is discouraging foreign business and investments.

    There is no evidence, apart from the word from the distributors of Kool Aid, that there would have been any unemployment in those measures at all, athough there undoubtedly will be if the Democrats continue to discourage foreign investment. All we have to do is look at the Keystone Project to see that that genuine blue collar jobs are of little interest to present day Democrats. Joe the Plumber working class people are always a mystery to the faculty lounge in this New America.
    Who said anything about discouraging foreign investment? Did you forget that Chrysler was taken over by Fiat?

    While it's true that car manufacturing is international, Detroit still leads over all in U.S. production:
    Still, Detroit automakers build a majority of the nameplates with high domestic content. For the 2011 model year, the National Highway Traffic Safety Administration reports 37 models have domestic parts content of 75 percent or higher. Twenty-eight of them are from a Detroit-based brand. A year ago, Detroit brands were responsible for 35 of the 47 models rated 75 percent or higher.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Grant View Post
    You feel South Korea should be an example and an inspiration to the United States?

    Perhaps Barrack Obama should base his ongoing election campaign on that idea.
    Yes, I think it would be foolish to ignore the amazing success of companies like Samsung and Kia/Hyndai. And I think the attitude that American can't learn a thing from the rest of world is beyond dumb.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Conservative View Post
    You think it isn't an ideologue that supports someone who has been in office 3 years adding 4.5 trillion to the debt, a declining labor force, net job loss, less than 2% GDP growth, and rising misery index? Think that any true ideologue ignores the results to always focus on something else? Sad, very sad
    No, my idea of an ideologue is a hypocrite that rales on about someone (President Obama)while ignoring/defending the policies (reagan) that led to the recession.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by treedancer View Post
    No, my idea of an ideologue is a hypocrite that rales on about someone (President Obama)while ignoring/defending the policies (reagan) that led to the recession.
    LOL, so Reagan who left office in 1989 caused the recession that Obama inherited? I certainly understand how tough it must be on your looking at the 17 million jobs Reagan created and the doubling of GDP when "your" President has added 4.5 trillion to the debt, has a net job loss, declining labor force, less than 2% GDP growth, and a rising misery index. Anyone that supports this President is truly a leftwing ideologue for those results apparently are outstanding and exactly what the liberals want

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by AdamT View Post
    Who said anything about discouraging foreign investment? Did you forget that Chrysler was taken over by Fiat?

    You said
    Sure, other companies would have picked up the slack, eventually. But a lot of that slack would have been taken up by foreign brands.
    Which foreign brands were you thinking of? And if Fiat bought Chrysler why bail them out? Wouldn't it be better for foreign buyers to purchase these white elephants than the US taxpayer?

    While it's true that car manufacturing is international, Detroit still leads over all in U.S. production

    How can you tell? When the government gets involved in the manufacture of automobiles the entire economy gets distorted. How can other companies compete against the government?

    Barrak Obama has given the American people the Voltswagen. Isn't that great?

    The Voltswagen, as in the case of another famous world leader who got himself involved in the automobile industry, will be BHO's legacy.

    Get a subsidized one now because it will be a valuable collectors item later.
    Last edited by Grant; 12-12-11 at 04:23 PM.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Which foreign brands were you thinking of? And if Fiat bought Chrysler why bail them out? Wouldn't it be better for foreign buyers to purchase these white elephants than the US taxpayer?

    How can you tell? When the government gets involved in the manufacture of automobiles the entire economy gets distorted. How can other companies compete against the government?

    Barrak Obama has given the American people the Voltswagen. Isn't that great?

    The Voltswagen, as in the case of another famous world leader who got himself involved in the automobile industry, will be BHO's legacy.

    Get a subsidized one now because it will be a valuable collectors item later.
    I think we're getting a bit confused here. The argument was that America wouldn't lose any jobs if GM and Chrysler failed because people would just buy other cars. My response was that yes, they would, but on the whole other cars support fewer American jobs.

    I'm not seeing how the whole economy has been distorted. In fact it was the distorted economy that brought GM and Chrysler to their knees.

    The GM Volt was planned long before Obama was even a glimmer in America's eye. It was the vision of Rick Wagoner -- that guy y'all think should never have been fired.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by AdamT View Post
    Yes, I think it would be foolish to ignore the amazing success of companies like Samsung and Kia/Hyndai. And I think the attitude that American can't learn a thing from the rest of world is beyond dumb.
    So what you've learned from South Korea is that the American government should be involved in the Automobile industry? An American Trabant, perhaps, learned from the East Germans and the Voltswagen, inspired by you-know-who.

    Perhaps there are are lessons to be learned from the outside world that can be avoided at home. Or perhaps some people never learn.

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