Page 12 of 199 FirstFirst ... 210111213142262112 ... LastLast
Results 111 to 120 of 1989

Thread: US economy creates 243,000 jobs in January

  1. #111
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 04:31 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,513

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by StillBallin75 View Post
    I'm not sure if i trust the "1 point of GDP" number to begin with because I'm wary of the effects of the payroll tax cut, but if you understand anything about economics, you'll realize even a 1 percent bump in GDP number is rather significant. To put things in perspective, it amounts to about 140 billion dollars over a year.
    140 billion in a multi-trillion dollar economy is chump change.
    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.

  2. #112
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Rhapsody1447 View Post
    Can you link these? Genuinely curious.
    The GDP figure is mentioned here: News Headlines

    Though I think it's actually somewhere in a range of .5 - 1.5%.

    The $30/wk figure was for someone making $75k, which is admittedly on the high side. It's $20/wk for someone making $50k. Payroll tax cut standoff's impact: What $40 a paycheck means to you – This Just In - CNN.com Blogs

  3. #113
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by apdst View Post
    140 billion in a multi-trillion dollar economy is chump change.
    No, it isn't chump change. When GDP growth is expected to be in the 2-3% range, an extra 1% is quite significant.

  4. #114
    Basketball Nerd
    StillBallin75's Avatar
    Join Date
    Jan 2011
    Location
    Vilseck, Germany
    Last Seen
    12-10-17 @ 07:52 AM
    Gender
    Lean
    Progressive
    Posts
    21,896

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by apdst View Post
    140 billion in a multi-trillion dollar economy is chump change.
    Not when average GDP growth year over year is around 3%.

  5. #115
    Professor
    Amigo's Avatar
    Join Date
    Dec 2011
    Location
    South Carolina
    Last Seen
    04-27-13 @ 11:47 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    1,945

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by PeteEU View Post
    You sound a bit bitter... The work force is shrinking for various reasons.. more retired persons, less immigration (legal) and less babies.
    Are they short or something?
    Quote Originally Posted by AdamT on Nov 8th, 2012 View Post
    Over the next four years the economy will continue to rebound and we will gradually get deficits under control. The real esate market will rebound, unemployment will fall to 6.5% or below, and GDP growth will stand at 3.5 - 4%. We won't be in any wars. And conservatives will still be whining.

  6. #116
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Republic Now! View Post
    Except for Bush.
    Not even Bush. But for consistency of thought, if you're going to complain about Obama on this, you have to include Bush. But neither controled or controls the economy.

    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.

  7. #117
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by apdst View Post
    Oh...so...it's not Bush's fault?
    Never said it was. Even when Bush was president I said no president controls the economy. It's kind of silly the blame and credit we give these guys. Any help or hinderance they can give is largely minor and not deciding at all.

    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.

  8. #118
    Guru
    Samhain's Avatar
    Join Date
    Sep 2011
    Location
    Northern Ohio
    Last Seen
    Today @ 12:34 PM
    Lean
    Libertarian
    Posts
    3,888

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by StillBallin75 View Post
    Not when average GDP growth year over year is around 3%.
    CBO projections for the next 3-5 years is annual growth of less than 2%, and thats with ~1 trillion/year for the next 4 years of deficit spending.

    And remember, deficit spending "borrows" future GDP for the present. It will be an interesting ride.

  9. #119
    Guru
    Republic Now!'s Avatar
    Join Date
    Feb 2012
    Last Seen
    09-12-14 @ 11:40 AM
    Gender
    Lean
    Conservative
    Posts
    2,671

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Boo Radley View Post
    Not even Bush. But for consistency of thought, if you're going to complain about Obama on this, you have to include Bush. But neither controled or controls the economy.
    Oh, I blame Obama for the policies he pushes. If those policies have an impact on the economy, then yes, I do give him credit for the result. I also did with Bush. neither Bush nor Obama are conservatives. I'm not in bed with Bush. I just find the complete 180 by many people funny when it comes to the president. If it's not you, that's cool. Have a good laugh with me then.

  10. #120
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 04:31 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,513

    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Boo Radley View Post
    Not even Bush. But for consistency of thought, if you're going to complain about Obama on this, you have to include Bush. But neither controled or controls the economy.
    Since Obama's policies flopped, it's no longer the president's ability to effect the economy.

    The good news for you, is that you're half right. The president can't create jobs, but he can damn sure kill jobs, as we've seen Obama do for three years.
    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.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •