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Thread: US economy creates 243,000 jobs in January

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by muciti View Post
    The problem lies with our government. Not a person or party. People need to stop blaming a party and start blaming them all.
    And to realize that even if government (and the private sector) is perfect, which isn't likely, there will still be ups and downs and factors the government can't account for. Nature of the beast.

    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 Republic Now! View Post
    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.
    Impact? Low bar I think. The economy has been health even when government taxes high or does silly ****. It has also struggled even when government was trying hard to help, by lowering taxes and lending a hand. The fact is, government is just limited in what it can do. But when you demand they do something, they will, and it will cost money and the results will be meger.

    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 AdamT View Post
    Excellent news. I see that the previous month was also adjusted up quite a bit. A few more months like this and the economy good get up a decent head of steam.
    Isn't it amazing, we have heard about the "do nothing" Congress and what obstructionists Republicans are yet we get these kind of numbers. How about it Obama supporters, with a do nothing Congress and an improving economy what exactly has Obama done to generate the numbers we saw for January 2012? Do any of you have any idea what is going to happen to debt service when the interest rates are forced to be raised due to upcoming inflation?

    In 3 years Obama has added 4.6 trillion to the debt which is now 15.2 trillion, 2012 projections are another 1.1 trillion so Obama will add more debt in than the entire Debt of the country up to 2006. Bush debt 4.9 trillion in 8 years, Obama 5.7 trillion in 4

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by sawyerloggingon View Post

    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.
    Then you should be thrilled with Obama; for under his watch...

    DJIA: UP 55.3%
    NASDAQ: UP 91.1%
    S&P500: UP 58.3%

    ... you've made a boatload of money in the market.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by cpwill View Post

    yes. 1.2 million people moved from the "workforce" to the "non-working population".
    Well that's simply not true as the "workforce" grew by over ˝ million...

    Bureau of Labor Statistics Data

    ... so how do you reckon they were moved out of the workforce?

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    Isn't it amazing, we have heard about the "do nothing" Congress and what obstructionists Republicans are yet we get these kind of numbers. How about it Obama supporters, with a do nothing Congress and an improving economy what exactly has Obama done to generate the numbers we saw for January 2012? Do any of you have any idea what is going to happen to debt service when the interest rates are forced to be raised due to upcoming inflation?

    In 3 years Obama has added 4.6 trillion to the debt which is now 15.2 trillion, 2012 projections are another 1.1 trillion so Obama will add more debt in than the entire Debt of the country up to 2006. Bush debt 4.9 trillion in 8 years, Obama 5.7 trillion in 4
    Its amazing that you keep telling the lie that Obama added 4.6 to the debt as if he spent that much, when he actually hasn't. But you and other conservatives will keep telling it. At least we know who is dishonest.


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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by pbrauer View Post
    Its amazing that you keep telling the lie that Obama added 4.6 to the debt as if he spent that much, when he actually hasn't. But you and other conservatives will keep telling it. At least we know who is dishonest.
    Deficits have grown over 4 trillion in 3 years, what's dishonest about that?

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by pbrauer View Post
    Its amazing that you keep telling the lie that Obama added 4.6 to the debt as if he spent that much, when he actually hasn't. But you and other conservatives will keep telling it. At least we know who is dishonest.
    You're right; he's actually had three years where the spending was around $3.8T, so he's spent $11.8T.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Harshaw View Post
    You're right; he's actually had three years where the spending was around $3.8T, so he's spent $11.8T.
    How much of that spending is due to his initiative and not Bush's? The wars, Part D etc.


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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by pbrauer View Post
    Its amazing that you keep telling the lie that Obama added 4.6 to the debt as if he spent that much, when he actually hasn't. But you and other conservatives will keep telling it. At least we know who is dishonest.
    Amazing how you have no problem with Bush adding 4.9 trillion but a problem with the Obama numbers. He took office with a debt of 10.6 trillion and it is 15.2 trillion now. You do the math?

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