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Thread: Jobs recovery suffers setback in March

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    Re: Jobs recovery suffers setback in March

    It's both, I'm afraid and it's not going to get any better. Even if gas prices go down, they're not going to go down that much and while they may go down, inflation will continue to rise.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Rapunzel52 View Post
    It's still failed.
    So instead of blaiming the person who was pres while the economy failed and passed it on to the other guy we should blame the guy that inherited it.. I gotcha...


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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Manc Skipper View Post
    It's pathetic how "patriots" will rush to talk their country down at every opportunity because they hate a black man so much.


    Quote Originally Posted by TheDemSocialist View Post
    So instead of blaiming the person who was pres while the economy failed and passed it on to the other guy we should blame the guy that inherited it.. I gotcha...
    Uh, Bush inherited a failing economy too, but unlike Obumnut, he actually turned it around, holding unemployment below 5% for a good long while. A number Odumber hasn't come close to touching. Bush failed at many things, including spending being under control, making a war effort that actually succeeded, but as far as jobs, he managed to do good with that.
    Last edited by dontworrybehappy; 04-07-12 at 11:31 PM.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by dontworrybehappy View Post

    Uh, Bush inherited a failing economy too, but unlike Obumnut, he actually turned it around, holding unemployment below 5% for a good long while. A number Odumber hasn't come close to touching.
    Bush inherited a failed economy from Clinton.... Hmmm.... Interesting analysis. I wonder houw you figured that one...


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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by TheDemSocialist View Post
    So instead of blaiming the person who was pres while the economy failed and passed it on to the other guy we should blame the guy that inherited it.. I gotcha...
    You can blame whoever you want, but it is still failed.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Rapunzel52 View Post
    You can blame whoever you want, but it is still failed.
    Sure if you dont wanna analyze it on how we got here...


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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by TheDemSocialist View Post
    Sure if you dont wanna analyze it on how we got here...
    Why you didn't.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by j-mac View Post
    So let's take a look at these pronouncements one by one if we can...
    Yes, let's do!

    First - "What we have is 24 straight months (or is it 25 now?) of jobs growth"

    According to even the most sycophantic to Obama, Monthly job creation has to be maintained at the 150K rate according to the NYTimes article in June of 2011. And in an interesting take by the Business Insider we need far more than that to see real gains Preventing A Higher Unemployment Rate Will Take New More Jobs Than You Think - Business Insider


    Fortunately we've seen months will over 200,000 jobs growth. As to what number is really required to bring down unemployment ... well, unemployment is falling. Not as quickly as anyone would like, but it is falling.

    [quote]Now if you or Adam want to think that it is a success to manipulate numbers, and spew talking point pablum to keep the restless masses calm, then have at it, but it is BS!


    Yes, it is a standard partisan hack fare to cite bad numbers and attack the methodology behind good numbers (it's a conspiiiiiracy!!).

    Second - "strong corporate profits"

    Corporations are holding on to many of what they would normally expend in expansion, and hiring due to uncertainty, and outright attack of business by this thug in the WH.
    True to some extent, but WTF does that have to do with their profits? Hint: nothing. Corporations are always going to maintain the smallest possible payroll necessary to maximize profits.

    Third - "strong markets"

    pfft! Yeah, markets propped up by fiat, digitized money that is far from real. Ask anyone in the know, and they will tell you that our stock market should be at about 8K right now if the truth were being told.
    A purely idiotic statement, demonstrating your ignorance of the markets and the economy. The Dow wasn't much below 8,000 even at the nadir of the recession when there was a very real possibility that the banking system would collapse and we could wind up in a full-blown depression. Since that time financial markets have stabilized, corporate profits have taken off, the economy has grown, and the recession has ended. You do realize that markets are primarily driven by corporate profits, right?

    Fourth - "falling unemployment"

    Yeah, do more to people dropping off the roles of those actively looking...You can't claim things are getting better when the workforce is shrinking due to the horrid conditions in finding a job.
    Another bogus wingnut talking point. The U-6 unemployment number, which includes discouraged workers, has actually improved somewhat more than the official U-3 unemployment number.

    Fifth - "rising consumer confidence"

    What? Who are we kidding here? People are not buying anything they don't absolutely have to buy...This is a joke.
    Yes, who do you think you are trying to kid? Consumer confidence is an economic benchmark and it has been rising significantly.

    "Consumer confidence climbed last week to the highest level in four years and unemployment claims fell, pointing to a brighter job market that may invigorate the U.S. economy.

    The Bloomberg Consumer Comfort Index (COMFCOMF) rose to minus 31.4 in the period ended April 1, the best reading since March 2008, from minus 34.7 the prior week. Filings for jobless benefits dropped by 6,000 to 357,000 in the week ended March 31, the fewest since April 2008, the Labor Department said." Consumer Confidence Climbs as U.S. Job Market Improves: Economy - Bloomberg

    Sixth - "expanding manufacturing...."

    Where? in solor panels that the government props up with our half Billion dollars right before they fail?
    Seriously, can you be this ignorant about the economy? Manufacturing has been the strongest part of the recovery for at least three years.


    And lastly - "So I'd that things are clearly improving..."

    Only in a liberal bubble can one claim that anything is improving!!! Gas priced at $4, Home energy bills through the roof, Grocery prices up 30%, America divided thanks to Barry, and his rhetoric, and all the while no real jobs. What a success story....NOT!
    Only someone who is completely out of touch with reality and/or a complete partisan hack would deny that the economy is improving -- full stop.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: Jobs recovery suffers setback in March

    Hussein Obama told us when he was running in 2007 that he would cut the deficit in half by the ned of his term or he would not run for a second......well the deficit had doubled since he was elected so keep your lying word and not run.......
    "God Bless Our Troops in Harms Way."

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by j-mac View Post
    There it is...I swear, it could be 2015 with Obama the liar in his second term, and you Obama sheeple would still be blaming Bush like busted children. Face it, Obama is a fake, a fraud, a failure.

    Sent from my PC36100 using Tapatalk
    Oh Look. J-mac thinks he can discuss the economy without any understanding at all of what a liquidity crisis can cause. Not to mention a near financial collapse. Furthermore, J-mac has never shown even the slightest rudimentary grasp of historical knowledge regarding financial crisises and how long it took other nations to dig themselves out. Yet he thinks he can talk about this subject.

    It's like asking someone who has no concept of the atom to discuss nuclear power.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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