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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 Conservative View Post
    The economy has to create a lot more than 140,000 just to keep even. The unemployment rate today is much higher than 8.6% and that is much higher than it was when he took office
    Again.... The president does not make the hiring decisions for the private sector. If you are so upset about the numbers, take it up with those in the position to hire employees. They surely are not investing due to cost constraints.
    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 Misterveritis View Post
    Really? I am down at least 150K. The value of my house dropped over 100K.
    my 401k increased during the Great Recession. about 30%

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

    Quote Originally Posted by Conservative View Post
    Could be that you call your opinions as fact
    Nope. Facts have been presented to you often by myself and others, as well as studies, analysis and context. You lack much of that.

    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 Goldenboy219 View Post
    Again.... The president does not make the hiring decisions for the private sector. If you are so upset about the numbers, take it up with those in the position to hire employees. They surely are not investing due to cost constraints.
    Of course he doesn't but he creates the policies that discourage employment, i.e. healthcare which will cost small businesses a lot of money per employee

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

    Quote Originally Posted by Boo Radley View Post
    Nope. Facts have been presented to you often by myself and others, as well as studies, analysis and context. You lack much of that.
    Nothing has refuted the actual Obama results including the 315,000 that dropped out of the labor force last month which distorted the unemployment rate

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

    Quote Originally Posted by Conservative View Post
    Thanks, now let me know when there is a net private sector job gain from when he took office?

    110.981 million private sector jobs January 2009 and 109.719 million in November 2011. Were you this excited about the 52 weeks of job growth during the Bush years?

    2009 110981 110260 109473 108700 108374 107936 107649 107434 107221 106971 106937 106835
    2010 106793 106772 106916 107145 107193 107258 107351 107461 107570 107713 107841 108008
    2011 108102 108363 108582 108823 108922 108997 109170 109242 109462 109579 109719
    What is your obsession with Obama? You are incapable of having a discussion about the economy without mindlessly creating the Obama tangent. Maybe it is because you do not believe that the private sector makes hiring decision.?
    Last edited by Kushinator; 12-11-11 at 03:58 PM.
    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 Thunder View Post
    For the last 30 years, all the GOP has cared about is increasing corporate profits & reducing the corporate workforce, so as to maximize stock dividends and keep the shareholders happy.

    now, all of the sudden, the GOP is talking about the under-employed, folks who have stopped collecting unemployment insurance, and folks who have stopped looking for work.

    why the suddent change? oh....right....I forgot.
    The GOP led by lobbyist Grover Norquist has an agenda that includes sucking the last penny from the middle class and poor, the efforts they have made to block job creation and eliminate American jobs exposes thier agenda for anyone who really wants to see. One real clear example would be the two wars that President Bush started and instead of raising taxes to pay for them he borrowed the money from the Chinese. When you look at the conservative focus on eliminating jobs and taking power away from the middle class it's evident that they are making a united effort to continue to weaken and control the middle class

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

    Quote Originally Posted by Conservative View Post
    Nothing has refuted the actual Obama results including the 315,000 that dropped out of the labor force last month which distorted the unemployment rate
    The actual Obama results? Please show me any evidence that would suggest that Obama forced 315,000 workers out of the labor force.
    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 Misterveritis View Post
    Really? I am down at least 150K. The value of my house dropped over 100K.
    That's because the price of houses was artificially inflated due to the creative mortgages that allowed people to buy houses that they couldn't afford.
    "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 Goldenboy219 View Post
    What is your obsession with Obama? You are incapable of having a discussion about the economy without mindlessly creating the Obama tangent. Maybe it is because you do not believe that the private sector makes hiring decisions, and not government officials.
    You posted the job creation and I posted the official numbers. There has been a net job loss three years after Obama took office and those are due to his economic policies.

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