U.S. Jobless Rate Unexpectedly Declines to 8.6%

Conservative · Dec 11, 2011

Thunder said:
what actions did Obama take, what votes did he make, that helped contribute to this crisis?

That has been beaten to death on this thread but that doesn't stop you from continuing to ignore the causes of the collapse but more importantly the millions and millions of Americans that are unemployed/under employed today that don't have a chance ot even buy a home. The thread topic is the unemployment rate dropping but the reality is it is higher today than when he took office, 315,000 dropped out of the labor force last month making the rate look lower than it really is, he has over 1 million discouraged workers each month since he has been in office. It will be that record on the ballot in 2012 not the housing crisis which has been over now for years.

Thunder · Dec 11, 2011

Conservative said:
That has been beaten to death on this thread but that doesn't stop you from continuing to ignore the causes of the collapse but more importantly the millions and millions of Americans that are unemployed/under employed today that don't have a chance ot even buy a home. The thread topic is the unemployment rate dropping but the reality is it is higher today than when he took office, 315,000 dropped out of the labor force last month making the rate look lower than it really is, he has over 1 million discouraged workers each month since he has been in office. It will be that record on the ballot in 2012 not the housing crisis which has been over now for years.

I have read a lot about the causes of the 2008/2009 crisis. None of the reasons seem to have anything to do with the time period when Obama was in the Senate.

Obama bears no responsibility for the creation of this mess, which has its roots going back to the Carter administration.

Conservative · Dec 11, 2011

Thunder said:
I have read a lot about the causes of the 2008/2009 crisis. None of the reasons seem to have anything to do with the time period when Obama was in the Senate.

Obama bears no responsibility for the creation of this mess, which has its roots going back to the Carter administration.

Obama bears total responsibility for the results he has generated since taking office and the policies in place that have made things worse, results you ignore

randel · Dec 11, 2011

Conservative said:
Obama bears total responsibility for the results he has generated since taking office and the policies in place that have made things worse, results you ignore

bears total responsibility eh? hmmmm....okay.....remember you said it....that 'taking responsibility' will include getting bin laden, helping get rid of gadhaffi, an improving economy...remember, you said he bears 'total responsibility'...

Thunder · Dec 11, 2011

Conservative said:
Obama bears total responsibility for the results he has generated since taking office and the policies in place that have made things worse, results you ignore

Obama bears total responsibility for the stock market regaining ALL of its loses from 2008 & 2009. Gotcha.

Conservative · Dec 11, 2011

Thunder said:
Obama bears total responsibility for the stock market regaining ALL of its loses from 2008 & 2009. Gotcha.

Glad to hear that you love those corporation profits now, thanks for admitting that. My investments look great as well. Too bad you don't seem to understand what drives corporate profits thus the stock market.

Conservative · Dec 11, 2011

randel said:
bears total responsibility eh? hmmmm....okay.....remember you said it....that 'taking responsibility' will include getting bin laden, helping get rid of gadhaffi, an improving economy...remember, you said he bears 'total responsibility'...

I am sure those 24 million unemployed/under employed Americans are benefiting greatly from the killing of Bin Laden and getting rid of Gadhafy.

randel · Dec 11, 2011

Conservative said:
Glad to hear that you love those corporation profits now, thanks for admitting that. My investments look great as well. Too bad you don't seem to understand what drives corporate profits thus the stock market.

just remember, that your investments look great because of obama, perhaps you should vote for him next election, since, in your eyes, he bears full responsibility for all that has happened on his watch.

randel · Dec 11, 2011

Conservative said:
I am sure those 24 million unemployed/under employed Americans are benefiting greatly from the killing of Bin Laden and getting rid of Gadhafy.

noticed that you seem to have overlooked the improving economy, which will indeed benefit those looking for work.

Conservative · Dec 11, 2011

randel said:
just remember, that your investments look great because of obama, perhaps you should vote for him next election, since, in your eyes, he bears full responsibility for all that has happened on his watch.

LOL, yes, I thank Obama every day for the 24 million unemployed/under employed Americans that corporations aren't paying for thus driving up their profits. Do you really how economically ignorant you are?

Conservative · Dec 11, 2011

randel said:
noticed that you seem to have overlooked the improving economy, which will indeed benefit those looking for work.

Improving economy?

24 million unemployed or under employed Americans in 2011(bls.gov)154.1 X 15.6% http://data.bls.gov/cgi-bin/surveymost?ln : U.S. Bureau of Labor Statistics

14.4 million unemployed PLUS Discouraged workers http://data.bls.gov/cgi-bin/surveymost?ln : U.S. Bureau of Labor Statistics

2.2 million fewer jobs(bls.gov) http://data.bls.gov/cgi-bin/surveymost? ln : U.S. Bureau of Labor Statistics

4.4 trillion added to the debt in less than 3 years(U.S. Treasury Site) Government - Historical Debt Outstanding – Annual Government - Debt to the Penny (Daily History Search Application)

1/21/2009 6,307,084,792,840.85 4,317,968,751,468.94 10,625,053,544,309.70

11/22/2011 10,326,530,350,389.40 4,721,461,154,539.92 15,047,991,504,929.30

Down grade of U.S. Credit rating(S&P)

Rising Misery index 7.83 to 12.53 The United States Misery Index By Year

38-44% JAR and well over 50-55% disapproval ratings(Gallup)
Gallup Daily: Obama Job Approval

US Poverty Hits Record High: 1 in 6 Americans Living Below Poverty Line | Economy Watch
Report: Poverty hits record level - MJ Lee - POLITICO.com

“Fast and Furious”, “Wide Receiver”

Solyndra, Fisker, and Crony Capitalism Jobs Panel Member Whose Solar Firm Won Loan Guarantees Raises 'Conflict Of Interest' Concerns | Fox News

Solyndra solar power company shuts down 15 months after Obama visit
Solyndra solar power company shuts down 15 months after Obama visit

The Tonopah Solar company in Harry Reid's Nevada is getting a $737 million loan from Obama's DOE.
The project will produce a 110 megawatt power system and employ 45 permanent workers.
That's costing us just $16 million per job.

One of the investment partners in this endeavor is Pacific Corporate Group (PCG).
The PCG executive director is Ron Pelosi who is the brother of Nancy's husband.
But there is nothing wrong here, is there?

U.S. Bridges, Roads Being Built by Chinese Firms | Video - ABC News
U.S. Bridges, Roads Being Built by Chinese Firms | Video - ABC News

Stimulus failure

Review & Outlook:Why the Stimulus Failed - WSJ.com

randel · Dec 11, 2011

Conservative said:
Improving economy?

24 million unemployed or under employed Americans in 2011(bls.gov)154.1 X 15.6% http://data.bls.gov/cgi-bin/surveymost?ln : U.S. Bureau of Labor Statistics

14.4 million unemployed PLUS Discouraged workers http://data.bls.gov/cgi-bin/surveymost?ln : U.S. Bureau of Labor Statistics

2.2 million fewer jobs(bls.gov) http://data.bls.gov/cgi-bin/surveymost? ln : U.S. Bureau of Labor Statistics

4.4 trillion added to the debt in less than 3 years(U.S. Treasury Site) Government - Historical Debt Outstanding – Annual Government - Debt to the Penny (Daily History Search Application)

1/21/2009 6,307,084,792,840.85 4,317,968,751,468.94 10,625,053,544,309.70

11/22/2011 10,326,530,350,389.40 4,721,461,154,539.92 15,047,991,504,929.30

Down grade of U.S. Credit rating(S&P)

Rising Misery index 7.83 to 12.53 The United States Misery Index By Year

38-44% JAR and well over 50-55% disapproval ratings(Gallup)
Gallup Daily: Obama Job Approval

US Poverty Hits Record High: 1 in 6 Americans Living Below Poverty Line | Economy Watch
Report: Poverty hits record level - MJ Lee - POLITICO.com

“Fast and Furious”, “Wide Receiver”

Solyndra, Fisker, and Crony Capitalism Jobs Panel Member Whose Solar Firm Won Loan Guarantees Raises 'Conflict Of Interest' Concerns | Fox News

Solyndra solar power company shuts down 15 months after Obama visit
Solyndra solar power company shuts down 15 months after Obama visit

The Tonopah Solar company in Harry Reid's Nevada is getting a $737 million loan from Obama's DOE.
The project will produce a 110 megawatt power system and employ 45 permanent workers.
That's costing us just $16 million per job.

One of the investment partners in this endeavor is Pacific Corporate Group (PCG).
The PCG executive director is Ron Pelosi who is the brother of Nancy's husband.
But there is nothing wrong here, is there?

U.S. Bridges, Roads Being Built by Chinese Firms | Video - ABC News
U.S. Bridges, Roads Being Built by Chinese Firms | Video - ABC News

Stimulus failure

Review & Outlook:Why the Stimulus Failed - WSJ.com

improving jobs numbers, market recovering most of its losses...i'd say things are looking up.......YOU CONTINUE TO TRY AND SADDLE OBAMA WITH THE BAGGAGE BUSH LEFT HIM. sorry, aint buying it...vote OBAMA '12

Conservative · Dec 11, 2011

randel said:
improving jobs numbers, market recovering most of its losses...i'd say things are looking up.......YOU CONTINUE TO TRY AND SADDLE OBAMA WITH THE BAGGAGE BUSH LEFT HIM. sorry, aint buying it...vote OBAMA '12

Sure things are looking up in your world, debt is up 4.5 trillion dollars, the unemployed are up, the misery index is up, cronyism is up but being a union member you have that typical union compassion. You have your job so no worries about those who don't. The baggage that Bush left him was filled by the Democrat controlled Congress that took over in January 2007. Wonder how long you are going to use that argument?

randel · Dec 11, 2011

Conservative said:
Sure things are looking up in your world, debt is up 4.5 trillion dollars, the unemployed are up, the misery index is up, cronyism is up but being a union member you have that typical union compassion. You have your job so no worries about those who don't. The baggage that Bush left him was filled by the Democrat controlled Congress that took over in January 2007. Wonder how long you are going to use that argument?

yes, things are looking up, job market improving, my place of employment is bringing in more people( dues paying union members con!! gotta love it!!)

Conservative · Dec 11, 2011

randel said:
yes, things are looking up, job market improving, my place of employment is bringing in more people( dues paying union members con!! gotta love it!!)

Yep, thought you would be excited about 24 million unemployed/under employed Americas at a cost of 4.5 trillion dollars added to the debt. That shows the true economic ignorance on the part of union members

EarlzP · Dec 11, 2011

Conservative said:
Sure things are looking up in your world, debt is up 4.5 trillion dollars, the unemployed are up, the misery index is up, cronyism is up but being a union member you have that typical union compassion. You have your job so no worries about those who don't. The baggage that Bush left him was filled by the Democrat controlled Congress that took over in January 2007. Wonder how long you are going to use that argument?

The conservative concern over unemployment can be seen in thier attempts to lay off public sector employees, it can be seen in thier repeated refusal to approve the Jobs Act, in thier voting against S. 3816 [111th]: Creating American Jobs and Ending Offshoring Act.

President Obama has done a very credible job considering what he inherited from the previous administration and the road blocks he has encountered from the lobbyist controlled republican party.

randel · Dec 11, 2011

Conservative said:
Yep, thought you would be excited about 24 million unemployed/under employed Americas at a cost of 4.5 trillion dollars added to the debt. That shows the true economic ignorance on the part of union members

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.

digsbe · Dec 11, 2011

I attribute the "uptick" to seasonal hiring and unemployment expiring.

Conservative · Dec 11, 2011

EarlzP said:
The conservative concern over unemployment can be seen in thier attempts to lay off public sector employees, it can be seen in thier repeated refusal to approve the Jobs Act, in thier voting against S. 3816 [111th]: Creating American Jobs and Ending Offshoring Act.

President Obama has done a very credible job considering what he inherited from the previous administration and the road blocks he has encountered from the lobbyist controlled republican party.

Keep buying the Obama rhetoric. Not sure what it is going to take to wake people like you up but apparently results aren't it. Stimulus One didn't create jobs and there is an indication here that you don't see this as stimulus two that will have the same results. Do you realize who funds those public service jobs stimulus two creates after the Federal Money runs out? Does any of this register with you? Since when is it the role of the Federal Govt. to create employment on taxpayer dollars in the public sector while punishing the private sector? For someone who claims they worked in the private sector I find your stance on public sector jobs quite disturbing.

If the Obama results are credible in your world, you definitely are part of the 40% that supports him and his massive attempt to grow the public sector and create more dependence.

Conservative · Dec 11, 2011

randel said:
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.

Pretty simple question, are there more employed today than when Obama took office three years ago?

You actually think the fact that 4.5 trillion has been added to the debt to create these numbers is a good thing? Do you think those 315,000 that dropped out of the labor force last month is a good thing?

The country is stuck in neutral and it is all because our Community Organizer President is incompetent.

randel · Dec 11, 2011

Conservative said:
Pretty simple question, are there more employed today than when Obama took office three years ago?

You actually think the fact that 4.5 trillion has been added to the debt to create these numbers is a good thing? Do you think those 315,000 that dropped out of the labor force last month is a good thing?

The country is stuck in neutral and it is all because our Community Organizer President is incompetent.

your opinion, and no matter how wrong it is , or how misinformed you are, the fact is the economy is adding jobs, and that is a good thing...things are picking up, but go ahead and continue trying to slam the president for a mess he inherited, but has done a nice job of picking up the pieces of. we all know that if he had an (R) next to his name, all would be good in your world.

OpportunityCost · Dec 11, 2011

randel said:
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.

I guess no one has pointed out to you that the expected costs for the Health Care Act begins to have mandates and costs phasing in next year and the year after. The expected cost to business will be, at minimum $3,000 per year. I say minimum because that is the penalty cost for not carrying coverage or carrying coverage that doesnt cover what is mandated. Further, for most employers its going to be much higher. Dependent upon overall employee health, age, etc etc.

Lest we forget, anyone remember when John Deere and Caterpillar made announcements about the impact of the bill on their short term liabilities and the Democrat reaction? Waxman wanted to call them to testify before his committee for complying with laws regarding spending and corporate transparency. IE they dared criticize, lets rake them over the coals and have some wonderful Kabuki theatre.

Add in EPA regs which hits---water supply in the Sac Central Valley (in case you didnt know its the highest unemployement in the entire US), drilling rights on both coasts and on the part of the US on the contiental shelf, coal fired plants, and constant retooling of production lines to meet tougher and tougher standards.

If you think those things are not contributing to the unemployment, you are delusional.

Conservative · Dec 11, 2011

randel said:
your opinion, and no matter how wrong it is , or how misinformed you are, the fact is the economy is adding jobs, and that is a good thing...things are picking up, but go ahead and continue trying to slam the president for a mess he inherited, but has done a nice job of picking up the pieces of. we all know that if he had an (R) next to his name, all would be good in your world.

The economy always adds jobs even during the recession it added jobs, just not enough to keep up with population growth and retirements. Only a true liberal can call what has happened the past three years as positive because you are getting exactly what you want, bigger govt. and thus more opportunities for the nanny state supporters.

You and all other liberals will continue to talk about inherited problems while ignoring that we are three years into Obama's Administration and the results are worse than when he took office. That seems ok to you, a union employee, that has a paycheck and job security because of unions but very little if any upward mobility.

As I have stated many times here, I will be willing to bet that I have voted for more Democrats than you have voted for Republicans. You get your marching orders from the union, I get mine from actual results generated and how those results were generated.

EarlzP · Dec 11, 2011

OpportunityCost said:
I guess no one has pointed out to you that the expected costs for the Health Care Act begins to have mandates and costs phasing in next year and the year after. The expected cost to business will be, at minimum $3,000 per year. I say minimum because that is the penalty cost for not carrying coverage or carrying coverage that doesnt cover what is mandated. Further, for most employers its going to be much higher. Dependent upon overall employee health, age, etc etc.

If you only take a snap shot of health care costs to the economy your projections appear to make sense, when you take a good in depth look at the health care act you can see that it will save money one good example would be the cost difference between emergency room care and care being provided in a doctors office that prevents the need for emergency room care. Employers lose money every time an employeee loses work due to preventable illnesses, sick employees add to costs not only through call offs but due to reduced working performance while sick. Employers pass those costs off to the employee and to the people who consume the goods and or services they provide

Lest we forget, anyone remember when John Deere and Caterpillar made announcements about the impact of the bill on their short term liabilities and the Democrat reaction? Waxman wanted to call them to testify before his committee for complying with laws regarding spending and corporate transparency. IE they dared criticize, lets rake them over the coals and have some wonderful Kabuki theatre.

This is nothing more then rhetoric unless you have a source supporting your opinion

Add in EPA regs which hits---water supply in the Sac Central Valley (in case you didnt know its the highest unemployement in the entire US), drilling rights on both coasts and on the part of the US on the contiental shelf, coal fired plants, and constant retooling of production lines to meet tougher and tougher standards.

If you think those things are not contributing to the unemployment, you are delusional.[/QUOTE]

Having worked in the chemical industry I can assure you that without the EPA we would be no different then China or other third world countries are about protecting our environment for future generations

Sheik Yerbuti · Dec 11, 2011

Conservative said:
Pretty simple question, are there more employed today than when Obama took office three years ago?

That's not actually the simple question you pretend it is since he took over amid the worst recession since the Great Depression and during the first year of his presidency alone, employment fell by about 5 million, unemployment rose by about 4 million, underemployment rose by about 4 million, GDP fell by around 3½ percent.

While sycophants may blame Obama for the conditions he inherited, most people do not.

U.S. Jobless Rate Unexpectedly Declines to 8.6%

Truth will set you free