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U.S. Jobless Rate Unexpectedly Declines to 8.6%

AdamT said:
Naturally. That's why they will choose the guy who is making the situation better, rather than a guy who will resurrect the failed polcies that created this cluster****.
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People will indeed choose based upon results and performance and results matter. You believe the situation is better yet the numbers say differently because your definitioin of better doesn't resonate with the public

Grim economic outlook weighs down Obama approval rating - Political Hotsheet - CBS News
 
I expect that by Election day, unemployment will go down to 8% or even 7.5%. GDP will be respectable, and Obama will have the numbers to show the country is healing.
 
AdamT said:
Unlike you, most people DO consider the context of the numbers. Take off the partisan blinders.
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Is the GDP higher or lower this year vs. 2010 and wasn't Obama in office in 2010?
 
Thunder said:
I expect that by Election day, unemployment will go down to 8% or even 7.5%. GDP will be respectable, and Obama will have the numbers to show the country is healing.
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If he can get enough people to drop out of the labor force like the 315,000 that dropped out last month he will indeed get it to 7.5%. Guess people dropping out of the labor force,, declining employment, and rising misery index are good for a liberal?
 
Conservative said:
Is the GDP higher or lower this year vs. 2010 and wasn't Obama in office in 2010?
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Again, take off the partisan blinders. GDP has been impacted this year by the expiration of stimulus programs, the Tsunami in Japan, and the European debt crisis. Nothing Obama could do about any of that. Context. C O N T E X T.
 
Conservative said:
If he can get enough people to drop out of the labor force like the 315,000 that dropped out last month he will indeed get it to 7.5%. Guess people dropping out of the labor force,, declining employment, and rising misery index are good for a liberal?
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since when do Conservatives care about unemployment in the United States?

additional employees is just another expense for corporations, which means less money for investment dividends.
 
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Thunder said:
I expect that by Election day, unemployment will go down to 8% or even 7.5%. GDP will be respectable, and Obama will have the numbers to show the country is healing.
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Obama has an easy re-election should that happen. As it is, unemployment isn't much higher than when Obama took over.

Reagan started with an unemployment rate of 7.5% ... by the time of the 1984 election, unemployment was just 1/10th of one percent lower at 7.4% ... Reagan won by a landslide.
 
AdamT said:
Again, take off the partisan blinders. GDP has been impacted this year by the expiration of stimulus programs, the Tsunami in Japan, and the European debt crisis. Nothing Obama could do about any of that. Context. C O N T E X T.
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LOL, by definition stimulus was supposed to be temporary but "Your" President doesn't understand that reality. GDP is lower this year vs last year because the private sector isn't growing. Apparently that is a good thing to a liberal.
 
Conservative said:
The misery index, the unemployment numbers, the debt say you are wrong as do the polls

Grim economic outlook weighs down Obama approval rating - Political Hotsheet - CBS News
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The misery index and the unemployment numbers are exogenous to the realm of what the President can affect in the absence of massive increases in government spending in the form of infrastructure stimulus. The federal budget has increased by about 28% since 2008; not something you can complain about (it should have increased by 38%!).
 
Thunder said:
since when do Conservatives care about unemployment in the United States?

additional employees is just another expense for corporations, which means less money for investment dividends.
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So your argument for higher stock market and greater profits didn't work so now it is try something else like corporations don't want to hire people? What you and all liberals do is ignore that 80% of all hiring is done by small businesses and there is no incentive for those businesses to hire due to the rapidly rising costs of employment. Keep building that large corporation strawman while ignoring the foundation upon which our economy was built, small businesses
 
Thunder said:
he's YOUR President.
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No, he is "your" President as "your" means you voted for him. I didn't and won't. You see, I understand resumes and apparently you don't but more importantly I judge results which again you don't. If you generated the results Obama has generated you would be fired and if any Republican had generated those results you would call for their firing.
 
Conservative said:
So your argument for higher stock market and greater profits didn't work so now it is try something else like corporations don't want to hire people? What you and all liberals do is ignore that 80% of all hiring is done by small businesses and there is no incentive for those businesses to hire due to the rapidly rising costs of employment. Keep building that large corporation strawman while ignoring the foundation upon which our economy was built, small businesses
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if small-businesses hire all the new workers, then lets give them a tax-credit to hire new employees and pay for it with a tax-hike on millionaires.
 
Thunder said:
since when do Conservatives care about unemployment in the United States?
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Only since Obama became president.

Evidence of that lies in the fact that at this point in every presidency dating back to Truman every Democrat except for Obama has seen unemployment drop whereas every since Republican president had seen unemployment rise ...


Nixon +2.6 +76%
Eisenhower +1.3 +45%
Bush +1.6 +38%
Ford* +2.0 +36%
GHW Bush +1.6 +30%
Reagan +1.0 +13%
Obama +0.8 +10%
Kennedy -1.2 -14%
Carter -1.6 -21%
Clinton -1.7 -23%
Johnson -2.0 -35%
* = Ford was in office 29 months

http://data.bls.gov/pdq/SurveyOutputServlet?series_id=LNS14000000​


Obama is the first Democrat president to have unemployment rise during his first 34 months (of course, that's directly related to Bush' Great Recession) and now, for the first time in their lives, Conservatives complain about unemployment at this point in a presidency.
 
Conservative said:
No, he is "your" President as "your" means you voted for him. I didn't and won't. You see, I understand resumes and apparently you don't but more importantly I judge results which again you don't. If you generated the results Obama has generated you would be fired and if any Republican had generated those results you would call for their firing.
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no, if Obama was a corporate CEO he would keep his inflated salary and get a MASSIVE Christmas bonus, as per his contract.
 
Thunder said:
if small-businesses hire all the new workers, then lets give them a tax-credit to hire new employees and pay for it with a tax-hike on millionaires.
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LOL, yep, tax those evil rich people so that the entire country can work for the govt. Only in the world is keeping more of what you earn an expense to the govt.
 
Conservative said:
LOL, yep, tax those evil rich people so that the entire country can work for the govt. Only in the world is keeping more of what you earn an expense to the govt.
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everyone worked for the govt. during the Clinton administration, when the rich were taxed at 38.6%?
 
Thunder said:
everyone worked for the govt. during the Clinton administration, when the rich were taxed at 38.6%?
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Better check your history, Clinton lost the Congress in 1994 and much of the Clinton tax increases were repealed.
 
Thunder said:
wrong. Clinton's tax-rates stayed the same until Bush undid them.
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Let's see if I have this right, you as a consumer believe that you keeping more of what you earn is an expense to the govt? "Your" President approved the extension of the Bush tax cuts and if you feel like you should pay the govt. more, just do it. What is stopping you?
 
Conservative said:
Let's see if I have this right, you as a consumer believe that you keeping more of what you earn is an expense to the govt? "Your" President approved the extension of the Bush tax cuts and if you feel like you should pay the govt. more, just do it. What is stopping you?
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you said Clinton's tax-rates were undone during his term. this is untrue.

they stayed the same till Bush undid them in 2003.
 
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