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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
    The economy was improving, and it's also improving now.
    Be careful, you're going to get dizzy spinning so much.

    • "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 Gill View Post
    You said the opposite. You stated that "growing population means squat".
    And it does. What matters is how many over 15 enter the work force, either "natural born" or immigrants. The population can go up or fall, it is irrelevant number in the end since it does not distinguish between age. The population can grow with 10 million but if they all are new borns, then they wont do squat on the present work force numbers... wait 15 years and then they will.
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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by AdamT View Post
    Well, I guess we can all play this game, right? The average misery index under Reagan was 12.19. Under Obama? 10.72. Thus, according to your logic, Obama is the better president.

    And, btw, it is falling -- not rising.
    The misery index dropped from 19.33 in January 1981 to 11.77 in November 1983 and continued downward throughout the Reagan term. It has gone up during the Obama term

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

    Quote Originally Posted by AdamT View Post
    Well, I guess we can all play this game, right? The average misery index under Reagan was 12.19. Under Obama? 10.72. Thus, according to your logic, Obama is the better president.

    And, btw, it is falling -- not rising.
    1980: 20.67
    1988: 9.57

    2009: 8.92
    2011: 12.53

    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

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

    Quote Originally Posted by Samhain View Post
    Current estimates are 4 million new retirees per year, and the US births/year have been about 4 million a year for the last 15 years.
    10.000+ and growing baby boomers retire each day. Yes 15 years ago there was about 10k a day born in the US... but as I said.. the baby boomers retire numbers will just go up almost exponentionally, where as the birth rate wont.
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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by PeteEU View Post
    And it does. What matters is how many over 15 enter the work force, either "natural born" or immigrants. The population can go up or fall, it is irrelevant number in the end since it does not distinguish between age. The population can grow with 10 million but if they all are new borns, then they wont do squat on the present work force numbers... wait 15 years and then they will.
    Ahhh, so you believe there are periods of great birth rates, where in 15 (it's actually 16) years they become part of the workforce. This is followed by periods of low birth rates resulting in few entering the job market 16 years later????


    • "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
    And it does. What matters is how many over 15 enter the work force, either "natural born" or immigrants. The population can go up or fall, it is irrelevant number in the end since it does not distinguish between age. The population can grow with 10 million but if they all are new borns, then they wont do squat on the present work force numbers... wait 15 years and then they will.
    90,000 jobs are needed each month just to keep up with population growth

    Calculated Risk: How many jobs are needed over the next year to keep the unemployment rate steady?
    Liberty can not be preserved without a general knowledge among the people.

    John Adams

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

    Quote Originally Posted by Conservative View Post
    The misery index dropped from 19.33 in January 1981 to 11.77 in November 1983 and continued downward throughout the Reagan term. It has gone up during the Obama term
    Now you've done it........... you'll have to explain trend lines to him now.

    • "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 conservativeguy View Post
    I think you forgot Liberal Rule #1.......republicans are responsible for 100% of what happens to the Country, from the day they are inaugurated to the day they leave office........liberal presidents inherit all of the problems during their term and they aren't accountable for anything, unless it's a good thing that happens.
    Conservative rule 1.

    Deny everything and blame everyone else.
    PeteEU

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

    Quote Originally Posted by Conservative View Post
    revisionist history is what you are good at, all in an attempt to divert from the Obama record which will be on the ballot in 2012. The housing contracts go back much further than 2002 but your biased, partisan position won't allow you to accept that. What you want to ignore is we are three years into the Obama Administration and if any Republican had generated these numbers you would be going ballistic
    Actual history. You could argue that it started in 2000, but the real acceleration, and the vast bulk of the damage, was done between 2002 and 2006. Unfortunately Congress did not have a time machine to go back and undo what was already done.


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