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

  1. #931
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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Misterveritis View Post
    In a way this makes sense. Given that the company, Government Motors, is propped up by the American taxpayer, it is probably easier to compete. Imagine how easy it would be for any company to see a flow of many billions of taxpayer dollars into the unions, to have ownership transferred from bondholders to union thugs, and then to do reasonably well, for a time.

    But I will never, ever again knowingly buy a government motors product.
    So? This is irrelevant to the discussion (let alone my actual statement in which you quoted).
    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
    They were insolvent; without government financing the company would have been broken down, and the pieces auctioned off to the highest bidders (with Chinese investors licking their chops).
    Why shouldn't that have happened?

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

    Quote Originally Posted by Goldenboy219 View Post
    Here is the relevant analysis: Why does Conservative continue to dodge it at every turn?
    We are three years later and unemployment is still over 8% and more like 16% but that doesn't matter, does it? Keep holding your belief in the success of the Obama stimulus plan whereas the results show a different picturre

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

    Quote Originally Posted by Conservative View Post
    Guess the Bureau of Labor statistics is wrong as well. I am in good company
    Nope. Your take on the data is just wrong. This is probably a sign that you have no business discussing the topic (and you consistent desire to divert).
    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 Boo Radley View Post
    No, he goes through congress. So, no he doesn't have complete control. Government as a whole doesn't have that kind of control. You are simply wrong in thinking government controls the economy. If they did, the economy would never be bad.
    What exactly has Obama wanted that he didn't get that would have benefited the economy?

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

    Quote Originally Posted by Conservative View Post
    We are three years later and unemployment is still over 8% and more like 16% but that doesn't matter, does it? Keep holding your belief in the success of the Obama stimulus plan whereas the results show a different picturre
    In translation: "I am unable to respond to your statement because i lack the experience in interpreting and analyzing economic data."
    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
    Nope. Your take on the data is just wrong. This is probably a sign that you have no business discussing the topic (and you consistent desire to divert).
    You are absolutely correct, it was taken right from the BLS data and referenced by the links in the Obama record post. As stated I am in good company posting inaccurate data. You really need to call or write the BLS and tell them how wrong they are

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

    Quote Originally Posted by Conservative View Post
    Are you doing your part to increase govt. revenue by sending in more than required? If not, why not?
    Yes I am definitely doing my part to increase revenues by supporting the Jobs Bill and fighting the Grover led republican parties effort to eliminate the revenue producing middle class of our country. Exposing the united republicans effort to defeat bills like this S. 3816 [111th]: Creating American Jobs and Ending Offshoring Act.

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

    Quote Originally Posted by Conservative View Post
    What exactly has Obama wanted that he didn't get that would have benefited the economy?
    How many times will you mention Obama? We get it, you don't agree with him and the policies he has enacted.
    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 Conservative View Post
    What exactly has Obama wanted that he didn't get that would have benefited the economy?
    Again, seek my main point, it doesn't matter as none of government controls the enconomy. Bush couldn't. Obama can't. If either could, it would not be bad. Unless of course you're arguing republicans are deliberaly trying to harm people to get reelected, or that Obama is secretly a republican?

    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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