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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 randel View Post
    nope, i'm excited with more people finding work, with more money flowing into the economy, with more people getting off financial assistance...i'm excited that things are looking up for the country, unlike you, who wants to see the country continue to be stuck in neutral, who wants people to continue to suffer, for the sole purpose of electing a republican as potus.
    Sometimes it is just fun to add a video.


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

    Quote Originally Posted by Conservative View Post
    In a capitalistic economy businesses win and lose. GM's loss would have been someone else's gain. To claim that the auto company would have gone out of business is nothing more than speculation. Not sure what that has to do with the thread topic. It does seem that Obama supporters will do anything to divert from the Obama record. Don't blame them
    You don't know what you're talking about. GM had a net worth of -$100 billion. No one was going to take them over. No once COULD take them over as the equity markets were completely locked up. They had already tried every conceivable option short of a fast track bankruptcy financed by the government.

    I suggest you read "Once Upon a Car" -- excellent book about the fall and rise of the big three.

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

    Quote Originally Posted by Conservative View Post
    Only history of companies that went through bankruptcy and returned to profitability. Obama saved the unions and the taxpayers picked up the tab.
    That's your substantive argument? WOW I'm so convinced!

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

    Quote Originally Posted by Conservative View Post
    How much demand is created by the 24 million unemployed and under employed plus the millions more not counted because they are contract workers or small businesses that have failed?
    The President did not cause businesses to layoff employees in mass exodus. They were doing this way before he was even elected. The question really is, why have job losses vanished since the summer of 2009?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by winston53660 View Post
    That's your substantive argument? WOW I'm so convinced!
    The UAW got hozed just like everyone else in the deal.

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

    Quote Originally Posted by Boo Radley View Post
    More than if there wouold have been more unemployed. Surely you can grasp that?
    More unemployed? A liberal's dream!!

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

    Quote Originally Posted by Conservative View Post
    More unemployed? A liberal's dream!!
    Having trouble answering?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Conservative View Post
    More unemployed? A liberal's dream!!
    Typical nonsense that only weakens the integrity of this thread. Start a new one if you wish to turn this into an opinionated pissing match.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by Goldenboy219 View Post
    The President did not cause businesses to layoff employees in mass exodus. They were doing this way before he was even elected. The question really is, why have job losses vanished since the summer of 2009?
    I am sure you know that unemployment numbers are monthly not cumulative and that the 24 plus million unemployed and under employed was for November 2011. I am also sure that you know that the 1.1 million discouraged workers were for November 2011 as were the 315,000 that dropped out of the labor force so tell me again how the job losses have vanished?

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

    Quote Originally Posted by Boo Radley View Post
    Having trouble answering?
    You having problems understanding the actual Obama results and the fact that the 8.6% unemployment number is a false number?

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