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Thread: US economy creates 243,000 jobs in January

  1. #211
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by mpg View Post
    a) It took too long.

    b) The price is too steep.

    c) We aren't out of the woods yet.
    It's hard to turn a big ship around. You should be glad it didn't sink.

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    Re: US economy creates 243,000 jobs in January

    Believe me when I say I want the economy to turn around. I am trying to retire and I want my stocks to go up and my real estate to go up and I don't give a rats ass who gets the credit, all I care about is ME! Unfortunately these numbers are pure crap.

  3. #213
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Captain America View Post
    It's hard to turn a big ship around. You should be glad it didn't sink.
    My first two comments were based on actual calculations, and those calculations accounted for the size of the ship (severity of the recession).
    If you expect people to be rational, you aren't being rational.

  4. #214
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    Re: US economy creates 243,000 jobs in January

    Well I wouldn't be too happy about all this.

    I would preach cautious optimism, until a certain level of fiscal consolidation and economic structural repair is enacted, European debt woes are dealt with and the hidden danger of Chinese Real Estate collapse either happens or is averted I wouldn't get to excited about these numbers, they could be wiped out in a single day.

  5. #215
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by apdst View Post
    I like beer to taste like...uh...beer!
    Yeah ... like Bud Light!

  6. #216
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    Re: US economy creates 243,000 jobs in January

    so, we added an anemic 200K jobs, and 1.2 million people stopped looking for work all-together.


    if that's not a perfect economic snapshot of the last 18 or so months I don't know what is.

  7. #217
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by cpwill View Post
    so, we added an anemic 200K jobs, and 1.2 million people stopped looking for work all-together.


    if that's not a perfect economic snapshot of the last 18 or so months I don't know what is.
    That's not exactly true, is it? Wasn't there a population adjustment?

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by liblady View Post
    That's not exactly true, is it? Wasn't there a population adjustment?
    Yes, but the propaganda has already been promulgated, the Kool Aid already swilled; the time for facts has passed some on the right by and the 'truth', as they 'know' it, has been etched in stone. And, like the WMD's that were found in Iraq [cough], that is the way it shall be for time immemorial
    Last edited by Karl; 02-04-12 at 12:22 AM.

  9. #219
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by liblady View Post
    That's not exactly true, is it? Wasn't there a population adjustment?
    yes. 1.2 million people moved from the "workforce" to the "non-working population".




    makes you wonder how bad the manipulation is going to be the closer we get to November. CBO says the real unemployment is closer to 10%, and shadow stats says that when you count underemployment, it's above 20%.


    if they pull the same trick they do with forced-unionization-of-Medicaid-recipients, and claim that anyone recieving a check from the government is a "government employee", potentially they could "reduce unemployment" 3-4% range.
    Last edited by cpwill; 02-04-12 at 12:41 AM.

  10. #220
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    Re: US economy creates 243,000 jobs in January

    Is it a weak recovery, certainly

    Was that predictable, most definately

    This is not a traditional recession nor a traditional recovery. Debt loads for the US economy are at very high levels for private, corporate and governmental sectors. As the US economy has depended on consumer spending (ie debt) for the last 30 years in general to grow the economy, when the consumer can no longer consume you are going to get a slowdown, a massive one at that. There will be no strong recovery untill consumer debt levels and obligations drop drastically. Meaning at least 2 years down the road. Any growth now is purely based on government spending and a temporary boost
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