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Thread: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by randel View Post
    divert much? not discussing BEA, BLS, US TREASURY, US CENSUS, so on and so forth...we were discussing your assertion that the military doesnt respect the president.....even if were discussing the alpabet soup of agencies you use, they are only good so long as someone doesnt use them against you.....
    The military is professional and respects the office but not the man in that office. why would anyone respect the person who went against the military request on the surge numbers for Afghanistan and for not negotiating a token force in Iraq to protect the gains the U.S. Achieved there. Does this look like respect for Obama?

    Obama Like Nixon with Respect to Troops' Lives

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by Conservative View Post
    The military is professional and respects the office but not the man in that office. why would anyone respect the person who went against the military request on the surge numbers for Afghanistan and for not negotiating a token force in Iraq to protect the gains the U.S. Achieved there. Does this look like respect for Obama?

    Obama Like Nixon with Respect to Troops' Lives
    your opinion, nothing more....you are projecting your opinion on to everyone in the military...and before you start with the whole 'i've got family members in the military spiel'...so what, i do to.

  3. #143
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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by randel View Post
    your opinion, nothing more....you are projecting your opinion on to everyone in the military...and before you start with the whole 'i've got family members in the military spiel'...so what, i do to.
    Ignore the following then

    Times poll finds a souring mood among troops - Army News | News from Afghanistan & Iraq - Army Times

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by Conservative View Post
    His leadership skills consist of dividing people, promoting class warfare, demonizing individual wealth creation, and promoting more dependence. He will demonize his opposition since he cannot run on his record and in his mind hopefully create enough dependent people to assure 4 more years because he is buying their vote
    Its really hard to demonize angels of pure goodness. Fortunately, he does not have to do that. All he has to do is let the demons unfurl their own leathery wings and display their fangs to the nation. And they will. They cannot help it. They most certainly will.
    Last edited by haymarket; 01-07-12 at 01:29 PM.
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    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    perhaps you should read what you link to, as you appear to be cherry picking quite heavily....

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by randel View Post
    perhaps you should read what you link to, as you appear to be cherry picking quite heavily....
    Point out the cherry picked data. Maybe you ought to get your union steward to interpret it for you

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by Conservative View Post
    Point out the cherry picked data. Maybe you ought to get your union steward to interpret it for you
    and perhaps you could have your nurse there at the old folks home interpret it for you, you really wanna keep going with insults? game on

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by Eighty Deuce View Post
    Explain the flip flop. That you do not understand how we have propped up our standard of living for four decades, while also sending more of our dollars overseas by purchasing goods made there, is a problem with your current level of education.
    Running a current account deficit does not in any way equate to being less productive nor does it predict future declines in U.S. standard of living. International trade allows consumption outside of our productive capacity. A key aspect of U.S. productivity is allowing international trade to harness our comparative advantage. As far as i am aware, the United States is a global leader in manufactured goods (China took the top spot in March of 2011).

    Tomorrow, go to our #1 retailer. WalMart. Start looking at "made in" labels. Then Target. Then Home Depot. Etc. Then look to see if we have a trade deficit still. Then try to figure out how we maintain our standard of living being a country of pizza delivery folks. (exageration, but maybe it will help you)
    The U.S. has a trade deficit due to a low savings rate. However, this does not negate U.S. capabilities.
    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. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by Rhapsody1447 View Post
    Consumption fueled by debt and income growth that outpaces productivity growth leads to long-term debt cycles and eventual deleveragings.
    Inflation is the result of income growth outpacing productivity growth to which there is very little in the near term. However, households are undeniably feeling the pinch as indicated by the balance sheets of all households and non profit organizations:



    To blame it on a negative current account misses the forest for the trees.

    Thinking we can borrow enough money to throw at the problem in an attempt to temporarily prop up demand doesn't fix a problem that was brought on by overleverage in the first place.
    Do you have any data that suggests that U.S. liabilities as a percentage of assets are anywhere near a level that would lead you to believe that the whole country (not just the financial system which was undoubtedly over leveraged observable by bank N.E.C. loans) has been over-leveraged to the point where the article you presented maintains any credibility? Before you dig up the data, what would be an intuitive level of liabilities to assets that gives you alarm (and no, unfunded liabilities do not play into this realm)?
    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. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by Goldenboy219 View Post
    Running a current account deficit does not in any way equate to being less productive nor does it predict future declines in U.S. standard of living. International trade allows consumption outside of our productive capacity. A key aspect of U.S. productivity is allowing international trade to harness our comparative advantage. As far as i am aware, the United States is a global leader in manufactured goods (China took the top spot in March of 2011).

    The U.S. has a trade deficit due to a low savings rate. However, this does not negate U.S. capabilities.
    Are you aware of what is happening in Greece ? Italy ? Ireland ? To their standards of living ? What does "austerity measures" mean to you ?

    Comparative advantage was a neat thing for a long time. But now, an American can invent something, or take some brilliant idea, and if you blink its being made in China or Indonesia, etc., before we have one off the assembly line. What used to be a head start of a decade in now worth about 10 minutes. Free and open trade now guarantees that our standard of living will be pulled down to that of the folks whose products we buy. You can see it ebb in the size of our trade deficits.

    We have propped ourselves up with deficit spending. Bloated government. We have to cut a trillion per year from our budget before too long. What is that going to do to our standard of living ?

    This ain't rocket science by a long shot. Its pretty much X's and O's.

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