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

  1. #361
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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by PeteEU View Post
    Of course they do.. "new people entering the workforce"....
    And they outnumber those retiring.

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

    Quote Originally Posted by AdamT View Post
    Actually you were JUST talking about me and not the numbers in the post to which I responded. Obviously Obama's record is what it is, but it can't be understood without considering the context of situation that he inherited. It's just inasnity to suggest otherwise.
    What you cannot seem to understand is you cannot inherit what you helped create and that is the context you want to ignore.

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

    Quote Originally Posted by Gill View Post
    Average unemployment rate during Bush's term was 5.2%.

    Just a wee bit better than Obama's.
    So you are saying that under Bush we should use the flawed unemployment rate that under Obama is flawed too but here we are to use the underemployment rate instead because it is so much higher number?
    PeteEU

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

    Quote Originally Posted by Samhain View Post
    And they outnumber those retiring.
    So you claim that the number of 15 year olds entering the work force exceed the number of retired persons? And you can of course prove this right?
    PeteEU

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

    Quote Originally Posted by Gill View Post
    It's fair to compare averages since Obama has done zilch, zero, nada to improve the economy in three years. In contrast, Reagan had the economy turned around before this time of his first term.

    The difference is Reagan was a leader, while Obama is a follower.
    Yeah? So it would be fair if I looked at Reagan's first three years and concluded that he was a horrible president, because interest rates averaged around 15% while unemployment averaged around 8.5%, with inflation at about 10% per year? I mean, that would make Reagan about the worst president ever, right?

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

    Quote Originally Posted by PeteEU View Post
    Of course they do.. "new people entering the workforce"....
    You said the opposite. You stated that "growing population means squat".

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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

    Quote Originally Posted by AdamT View Post
    Yeah? So it would be fair if I looked at Reagan's first three years and concluded that he was a horrible president, because interest rates averaged around 15% while unemployment averaged around 8.5%, with inflation at about 10% per year? I mean, that would make Reagan about the worst president ever, right?
    If the economy hadn't been improving, then yes.

    Obviously, that was not the case though was it ??

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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

    Quote Originally Posted by PeteEU View Post
    So you are saying that under Bush we should use the flawed unemployment rate that under Obama is flawed too but here we are to use the underemployment rate instead because it is so much higher number?
    Please repost in English.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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

    Quote Originally Posted by AdamT View Post
    Yeah? So it would be fair if I looked at Reagan's first three years and concluded that he was a horrible president, because interest rates averaged around 15% while unemployment averaged around 8.5%, with inflation at about 10% per year? I mean, that would make Reagan about the worst president ever, right?
    Don't think you want to go there but please be my guest, Reagan took over with a misery index at 19.33 and declining employment. By the end of his third year there was a net job gain and the misery index was declining significantly unlike it is today which is rising.

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

    The bottom lone is BO's record sucks. He hasn't done anything to make matters better and we are as bad or in worse conditions than when the idiot was elected. Econtards can blather on about percentages like that makes a friggin difference. We have a growing population that can't find decent jobs. We have a barely breathing economy that is one crisis away from collapsing. Our banks are larger and more risky. Our trading partners are swirling around the drain. An ever expanding portion of our population is becoming 100% dependent on the government to feed and house their sorry asses. Our President's only solution to our problems is to gouge the successful people out of $60 billion in new taxes while doing nothing else to reduce the $1.4 trillion dollar annual deficits. Our national debt has freakin exploded and is set to steal the economic prosperity of future generations.

    I would go on but thinking about how screwed we are is depressing. Go ahead all you lib's and moderates and vote for four more years of BOnomics. I am confident his policies will more than likely screw you fools right into the dirt.
    I love the smell of burning moonbat in the morning.

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