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Thread: US economy creates 243,000 jobs in January

  1. #91
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by AdamT View Post
    It's actually closer to $30/week for an individual, or $240/month for a couple. Economists say that it boosts GDP by about a full percentage point, which is quite significant.
    Can you link these? Genuinely curious.
    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by AdamT View Post
    What a brilliant analysis!
    What's wrong with it?

    Are you saying that the American people aren't resilient enough to prosper, even with a president who is trying to destroy the country?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by apdst View Post
    The Obama worship fest started with post #2.

    The reality of the new job creation is, 1) it proves that only the private sector can create jobs and if the government would get the hell out of the way, the economy would improve on it's own and, 2) these new jobs are nothing more than a reaction to the probability that Obama is going to get voted out of office. IF he gets re-elected--notice the big if--the unemployment rate will shoot right back up.
    I agree wholeheartedly with number 1, but I dunno about number 2. I don't think employers hire based on politics. Policies certainty affect them, but not necessarily politics.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Republic Now! View Post
    I agree wholeheartedly with number 1, but I dunno about number 2. I don't think employers hire based on politics. Policies certainty affect them, but not necessarily politics.
    They hire, based on what they think will happen in 6 months, or a year. It takes time and money to hire new personel and to purchase new equipment, or fix up existing equipment that has been mothballed.

    This hiring spurt is a reaction to the notion that the Dems will no longer control the government in 2013.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: US economy creates 243,000 jobs in January

    Good news. Way to go Obama!!

    It's GREAT to be me. --- "45% liberal/55% conservative"
    Diplomacy is the art of saying 'nice doggy" until you can find a gun.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Harshaw View Post
    Right, 'coz the Democrats didn't poo-poo every bit of economic good news in the last decade.
    Well, that's good reason to poo poo this then. Gottcha.

    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: US economy creates 243,000 jobs in January

    Quote Originally Posted by Captain America View Post
    Good news. Way to go Obama!!
    That's sarcasm. Right?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: US economy creates 243,000 jobs in January

    It's good news, but really, no president controls the economy. They don't deserve the blame or the credit.

    Just saying.

    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: US economy creates 243,000 jobs in January

    Quote Originally Posted by Boo Radley View Post
    It's good news, but really, no president controls the economy. They don't deserve the blame or the credit.

    Just saying.
    Except for Bush.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Boo Radley View Post
    It's good news, but really, no president controls the economy. They don't deserve the blame or the credit.

    Just saying.
    This x100. All these talking points about jobs pisses me off. Politicians assume way more credit than they deserve. If you have free time, I highly recommend listening to this podcast. It examines how exactly politicians claim to have "created" (or in Obama's case "saved") private sector jobs.

    How To Create a Job | This American Life
    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

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