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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 Sheik Yerbuti View Post
    Correct.


    His policies inspired a bull market. The market turned around shortly after his stimulus went into effect ... you know, the stimulus you said saved/created 3 million jobs; half a million more than he targeted. And it was going strong until the Republican house decided to play "chicken" with the national debt ceiling, causing our credit rating to slip.
    Never ran a business, did you? That bull market as you call it has led to less than 2% GDP growth and 24 million unemployed/under employed Americans along with 4.5 trillion added to the debt. I believe you are in the same boat as Adam, playing an act as no one with any intelligence can be this naive, gullible, misinformed,and out of touch with reality

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

    Quote Originally Posted by Conservative View Post

    Never ran a business, did you? That bull market as you call it has led to less than 2% GDP growth and 24 million unemployed/under employed Americans along with 4.5 trillion added to the debt. I believe you are in the same boat as Adam, playing an act as no one with any intelligence can be this naive, gullible, misinformed,and out of touch with reality
    Well certainly, unemployment doesn't cause a bull market nor does sluggish GDP growth. As I said, it was Obama's policies which did; starting with his stimulus plan.

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

    Quote Originally Posted by Sheik Yerbuti View Post
    Well certainly, unemployment doesn't cause a bull market nor does sluggish GDP growth. As I said, it was Obama's policies which did; starting with his stimulus plan.
    Yep,the stimulus plan that was supposed to keep unemployment from exceeding 8% that now has hundreds of thousands dropping out of the labor market, a net job loss, fewer people working, more debt, and terrible economic growth leading to a 42% GDP growth and a one term Presidency.

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

    Quote Originally Posted by Conservative View Post

    Yep,the stimulus plan that was supposed to keep unemployment from exceeding 8% that now has hundreds of thousands dropping out of the labor market, a net job loss, fewer people working, more debt, and terrible economic growth leading to a 42% GDP growth and a one term Presidency.
    Nope, that 8% figure was nothing but an estimate and rather meaningless given the unemployment rate was already up to 8% when the stimulus passed.

    The "key goal" of the stimulus was to create or save 3 million jobs ... you said each job saved/created cost us $228,000 -- the equivalent of 3 million jobs ... half a million more than Obama had set as his "key goal."

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

    Quote Originally Posted by Sheik Yerbuti View Post
    Nope, that 8% figure was nothing but an estimate and rather meaningless given the unemployment rate was already up to 8% when the stimulus passed.

    The "key goal" of the stimulus was to create or save 3 million jobs ... you said each job saved/created cost us $228,000 -- the equivalent of 3 million jobs ... half a million more than Obama had set as his "key goal."
    The majority of the public don't seem to believe that Obama has done a good job nor do the 24 million plus unemployed/under employed Americans. You can continue to play your act but it won't change the lack of support Obama has today.

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

    Quote Originally Posted by Conservative View Post
    So let's see if I have this right, progressives and liberals have no problem with the stock market going up and companies making record profits? What exactly did Obama do to create that rising stock market and record profits?

    Keep playing that act you are playing
    Probably about as much as he did to help/hurt unemployment, according to who you believe.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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

    Quote Originally Posted by Conservative View Post

    The majority of the public don't seem to believe that Obama has done a good job nor do the 24 million plus unemployed/under employed Americans. You can continue to play your act but it won't change the lack of support Obama has today.
    Not true ... when averaging all polls, only 49% disaprove of the job he is doing. That's not a majority, Con.

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

    Quote Originally Posted by Dittohead not! View Post
    Probably about as much as he did to help/hurt unemployment, according to who you believe.
    Isn't it amazing how Bush was totally responsible for everything bad that happened during his term and now Obama's but obama saved the economy with its less than 2% GDP growth, high unemployment, record deficits, and higher misery index? Clinton was called the Teflon President but now that title goes to Obama

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

    Quote Originally Posted by Sheik Yerbuti View Post
    Not true ... when averaging all polls, only 49% disaprove of the job he is doing. That's not a majority, Con.
    come on now sheik...you know numbers are not his strong suit...

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

    Quote Originally Posted by Conservative View Post
    What time do the polls close this Tuesday?
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