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Thread: US economy creates 243,000 jobs in January

  1. #1131
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Sheik Yerbuti View Post

    Nah, the delusions of the right to that affect are best left for them to stew over.
    Talk about someone with their head buried in the sand. Read the article and get back to me

    “If you repeat our mistakes, if you shift power from the 50 states to Washington … we know exactly what lies in store for you,” Hannan said.

    “I am living in your future, or at least the future your leaders seem intent on taking you,” he said. “And believe me, you are not going to enjoy it.”
    Last edited by Conservative; 02-13-12 at 02:42 PM.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by treedancer View Post
    Sure I’m on the field, much to your chagrin. Post #1113 pretty well sent you scrammlin and lookin for a new spot to plant the ole goalpost.
    Lets take a look at post 1113 and see if that is true:

    Quote Originally Posted by treedancer View Post
    Attachment 67122357

    This pretty well covers the GDP questions and this covers the other Obama years.Notice where it was when he came into office?Notice where it is now?Nuf said.

    GDP in 2009,in billions was 14014.80.00

    GDP in 2010,in billions was 14551.80.00

    US Gross Domestic Product GDP History United States 1950-2010 - Federal State Local Data
    Actually, this is an example of you moving the goalposts, not Conservative. He asked for a comparison between 2010 and 2011 and you gave a comparison between 2009 and 2010. But the graph you posted backs up his point--that GDP growth in 2011 declined from 2010.
    Last edited by Fletch; 02-13-12 at 02:50 PM.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    What i just showed is that the unemployment numbers under Reagan were much better than the unemployment numbers under Obama. Wasn't that your question, name a Republican President with better unemployment numbers?


    Holy ****, Con, weren't you even paying attention? No, that was not my question.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    Talk about someone with their head buried in the sand. Read the article and get back to me
    I read the article which is how I know it's based on a false premise.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    Wrong, unemployment rates are lower than pre 1994 numbers because discouraged workers are no longer counted as unemployed whereas they were
    Sorry, Bud, but YOU are wrong, as I already established. To refresh your recollection: there were multiple changes to the unemployment calculation methodology in 1994. One change was to eliminate some discouraged workers, but the sum total of the changes resulted in a HIGHER equivalent unemployment rate. This was shown -- conclusively -- by calculating unemployment for the same 18-month period using both the old and new formulas:

    To gain an understanding of how the revised CPS survey differed from the former CPS, a parallel survey using the new questionnaire was administered to roughly 12,000 households over an 18-month period. The new CPS yielded an overall unemployment rate of 7.3 percent compared with 6.8 percent under the old survey. The new questionnaire also indicated higher unemployment among women, teenagers and the elderly. The unemployment rate for women, for instance, was 7.1 percent under the new survey compared to 6.4 percent under the old CPS.
    http://findarticles.com/p/articles/m.../ai_n28648113/

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Sheik Yerbuti View Post
    I read the article which is how I know it's based on a false premise.
    What is it that creates liberal arrogance that ignores the experience of others?

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by AdamT View Post
    Sorry, Bud, but YOU are wrong, as I already established. To refresh your recollection: there were multiple changes to the unemployment calculation methodology in 1994. One change was to eliminate some discouraged workers, but the sum total of the changes resulted in a HIGHER equivalent unemployment rate. This was shown -- conclusively -- by calculating unemployment for the same 18-month period using both the old and new formulas:



    Employment and unemployment data: dramatic changes of key indicators | Government Finance Review | Find Articles
    CPS isn't the keeper of employment and unemployment data

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    CPS isn't the keeper of employment and unemployment data
    Dude... CPS stands for Current Population Survey, which is the BLS unemployment report. Throw in the towel -- you lose.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    What is it that creates liberal arrogance that ignores the experience of others?
    I'll chalk that up to the same strawman that article was based on. What is it about rightwing fear mongering that they see a Socialist boogieman under every Democrats' bed. When are y'all going to evolve beyond the McCarthyism?

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    Re: US economy creates 243,000 jobs in January

    The jobs created are all smoke and mirrors. People have actually quit looking for work and are not on the rolls any longer. we are actually 2,000,000 jobs down since Husseein Obama became prez.
    "God Bless Our Troops in Harms Way."

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