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Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

Ontologuy said:
Well, I'm right there with you on your last line here.

I guess what concerns me is that that finite number of maximum potential jobs in the U.S. is considerably less than it would have been now had not so many jobs, especially those jobs of what came to be termed "sub-primers", disappeared overseas and the like.

We do need to get centered on the right track again.
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The number of jobs available is certainly not finite.
 
I heard a news report today that said job growth would have to be 250,000 per month for the next five years to get unemployment in the US down to 5%. :eek:

The stock market dropped sharply after that report was was released.
 
By the time of 2015 there will be more than the number that are jobless now probably half the nation.
 
Mycroft said:
No.

The government needs to get out of the way. The government needs to stop passing laws designed to create jobs. The government needs to stop the uncertainty.

Bottom line...it's not the government's job to do ANYTHING about increasing jobs.
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Laughable, the government investing in projects and policies that add to the workforce doesn't in any way prevent the private sector from doing the same. History has proven the crowding out theory to be absolute tripe, especially pertaining to recessionary periods.
 
Hare said:
Laughable, the government investing in projects and policies that add to the workforce doesn't in any way prevent the private sector from doing the same. History has proven the crowding out theory to be absolute tripe, especially pertaining to recessionary periods.
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And just whose money is the government "investing" ?


:rofl
 
Eighty Deuce said:
And just whose money is the government "investing" ?


:rofl
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Tax revenue, along with other sources. That's kind of the point though, in recessionary periods, the government plays an important role in investing in sectors they deem worthy in order to kickstart growth in the absence of private investment and consumer activity. In healthy economic periods, that role is much less critical, and revenue can be used for paying down the debt.
 
When I hear the code word 'uncertainty' I think of business, wealthy, corporations, and market managers really saying, give us what we want and we will get back in the game. Money is being held back, not because a worry over taxes, or new regulations on liquidity, but rather as a lever in the debate.

Productivity is pretty much maxed out so adding to the work force is the next logical step but a great dance is being done prior to the election.

After the train wreck that got us here I would think most would be happy it is a positive number, but then again it is an election year.
 
Hare said:
Tax revenue, along with other sources. That's kind of the point though, in recessionary periods, the government plays an important role in investing in sectors they deem worthy in order to kickstart growth in the absence of private investment and consumer activity. In healthy economic periods, that role is much less critical, and revenue can be used for paying down the debt.
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Jezzuz!!

You are just FULL of buzz words, eh?

Investing - More government spending...of money we don't have. That's REAL smart, eh?

They deem worthy - The government has no right or responsibility to deem ANYTHING worthy. Government should treat all citizens, businesses and sectors as equal. No favorites.

Kickstart growth - The only way government can kickstart growth is by leaving the economy alone. Keep its fingers out of the pie.

Revenue can be used to pay down the debt - LOL!!! This is TOO funny!! When did the government EVER pay down the debt?

Damn...people who think the government is the answer are pathetic!
 
Hare said:
Tax revenue, along with other sources. That's kind of the point though, in recessionary periods, the government plays an important role in investing in sectors they deem worthy in order to kickstart growth in the absence of private investment and consumer activity. In healthy economic periods, that role is much less critical, and revenue can be used for paying down the debt.
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Bailing out GM and Wall Street has not helped pay down the national debt. Neither did investing in the likes of Solyndra.
 
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notquiteright said:
When I hear the code word 'uncertainty' I think of business, wealthy, corporations, and market managers really saying, give us what we want and we will get back in the game. Money is being held back, not because a worry over taxes, or new regulations on liquidity, but rather as a lever in the debate.

Productivity is pretty much maxed out so adding to the work force is the next logical step but a great dance is being done prior to the election.

After the train wreck that got us here I would think most would be happy it is a positive number, but then again it is an election year.
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The uncertainty has been in effect since Obama and his liberal buddies had a lock on the government...when there was no consideration of elections.

I'd say your contention is balderdash.
 
Mycroft said:
Jezzuz!!

You are just FULL of buzz words, eh?

Investing - More government spending...of money we don't have. That's REAL smart, eh?

They deem worthy - The government has no right or responsibility to deem ANYTHING worthy. Government should treat all citizens, businesses and sectors as equal. No favorites.

Kickstart growth - The only way government can kickstart growth is by leaving the economy alone. Keep its fingers out of the pie.

Revenue can be used to pay down the debt - LOL!!! This is TOO funny!! When did the government EVER pay down the debt?

Damn...people who think the government is the answer are pathetic!
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.

.

Investment spending while running a deficit isn't necessarily a recipe for disaster, as history has shown us. A combination of responsibly paced spending cuts, and pro growth policies are the smartest way to approach a stagnant economy with a large amount of debt. Cutting spending sharply can send an economy into a tailspin and ultimately be counterproductive.

Well, it's a nice idea in theory, but some institutions are significantly more vital when it pertains to the health of the economy as a whole.

False. Demonstrably False.

The 1990's.
 
notquiteright said:
When I hear the code word 'uncertainty' I think of business, wealthy, corporations, and market managers really saying, give us what we want and we will get back in the game. Money is being held back, not because a worry over taxes, or new regulations on liquidity, but rather as a lever in the debate.

Productivity is pretty much maxed out so adding to the work force is the next logical step but a great dance is being done prior to the election.

After the train wreck that got us here I would think most would be happy it is a positive number, but then again it is an election year.
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You need some schooling. Private commercial business does not hold back investment as "a lever in the debate". To think otherwise is absolutely stupid .... and with a few here .. liberal.

They hold it back when the risk in pursuit of profit is too high. Otherwise, you can count on one thing always. The pursuit of profit is a constant.
 
Hare said:
.

.

Investment spending while running a deficit isn't necessarily a recipe for disaster, as history has shown us. A combination of responsibly paced spending cuts, and pro growth policies are the smartest way to approach a stagnant economy with a large amount of debt. Cutting spending sharply can send an economy into a tailspin and ultimately be counterproductive.

Well, it's a nice idea in theory, but some institutions are significantly more vital when it pertains to the health of the economy as a whole.

False. Demonstrably False.

The 1990's.
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Since Obama has no intention of cutting spending after essentially doubling it, how do you plan on doing this with him in office? His solution is tax and spend, he literally has nothing else.
 
Hare said:
Tax revenue, along with other sources. That's kind of the point though, in recessionary periods, the government plays an important role in investing in sectors they deem worthy in order to kickstart growth in the absence of private investment and consumer activity. In healthy economic periods, that role is much less critical, and revenue can be used for paying down the debt.
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That is some made-up bull**** right there. When there's an "absence of private investment", there is no better signal to stay away. To even hint that Government is fulfilling any function except croneyism and wasting taxpayer money on those occasions is complete liberal stupidity.

Take your own money and go out there and find folks to loan money to that no one else will for chrissakes. See how far that gets you.

Speaking generically, liberalism is business-stupid beyond all recognition.
 
OpportunityCost said:
Since Obama has no intention of cutting spending after essentially doubling it, how do you plan on doing this with him in office? His solution is tax and spend, he literally has nothing else.
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Obama has included spending cuts in previous budgetary propositions, hardly draconian, but cuts nonetheless. As for your claim that he's doubled spending, that's obviously false.

pf3.jpg
 
AdamT said:
There is no question that the unemployment rate has fallen. To deny it is simply to deny reality.
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ITs also idiotic to pretend that more people are working NOW than a couple years ago. The unemployment rate is flawed because it doesn't include those who ceased looking for a job
 
Eighty Deuce said:
That is some made-up bull**** right there. When there's an "absence of private investment", there is no better signal to stay away. To even hint that Government is fulfilling any function except croneyism and wasting taxpayer money on those occasions is complete liberal stupidity.

Take your own money and go out there and find folks to loan money to that no one else will for chrissakes. See how far that gets you.

Speaking generically, liberalism is business-stupid beyond all recognition.
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Made up bull****? History disagrees with you, but you're entitled to your opinion, no matter how faulty it may be. You're essentially saying that a lack of demand and investment is a great indicator of a need to stop investing or attempting to incentivize demand. In the past that's proved to be a recipe for disaster. See the Great Depression, for example.

Not sure what this has to do with anything I said.

..
 
Hare said:
Made up bull****? History disagrees with you, but you're entitled to your opinion, no matter how faulty it may be. You're essentially saying that a lack of demand and investment is a great indicator of a need to stop investing or attempting to incentivize demand. In the past that's proved to be a recipe for disaster. See the Great Depression, for example.

Not sure what this has to do with anything I said.

..
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None of the above can be backed up with anything that will survive even a fart-gas' worth of scrutiny.

Might find support down a rabbit-hole though.
 
Actually business isn't investing right now. Cash on hand is very high, banks are stockpiling the Fed money partly because the banks fear more foreclosures will damage the bundled securities they still hold. Non-financial companies are holding record amounts of cash according to the Wall Street Journal. Companies don't need to spend their money when the Fed is damn near giving it away.

Investing in what right now? If they were to invest in anything it would stimulate the economy and it doesn't seem to be a high priority right now, more like a wait and see who wins the election and by all means let's not help the one not willing to let the foxes guard the hen house.

But none the less jobs are being added and compared to when Obama took over that alone should make the more moderate Americans hopeful.
 
notquiteright said:
Actually business isn't investing right now. Cash on hand is very high, banks are stockpiling the Fed money partly because the banks fear more foreclosures will damage the bundled securities they still hold. Non-financial companies are holding record amounts of cash according to the Wall Street Journal. Companies don't need to spend their money when the Fed is damn near giving it away.

Investing in what right now? If they were to invest in anything it would stimulate the economy and it doesn't seem to be a high priority right now, more like a wait and see who wins the election and by all means let's not help the one not willing to let the foxes guard the hen house.

But none the less jobs are being added and compared to when Obama took over that alone should make the more moderate Americans hopeful.
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I believe I heard today there are less Americans working now than at any time in the last thirty years. I don't know if it was absolute numbers or percentages though
 
00timh said:
You took my post a little too serious, but its based on truth though. A lot of money went to the very few and none of it, regardless of what the obamites and dems say about it saving creating yadda yadda, none of it went to anything productive, at all. I feel bad for true liberals whom I can respect although not agree. They voted for change and ended up with a steroided version of the worst of Bush era policies. I believe many are simply in a state of denial of how badly they have been had.
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I simply didn't see the relevance to what I said. They didn't waste the money trust me though I believe there is too much faith that gov stimulus (growth) can save the economy.
 
TurtleDude said:
I believe I heard today there are less Americans working now than at any time in the last thirty years. I don't know if it was absolute numbers or percentages though
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Percentage.
 
Yes there are many Americans are out of work, we came a curly hair from a complete train wreck.

I couldn't find less working than 30 years ago, did find less happy than 30 years ago, long hours, job uncertainty- Reuters 2007

Working 184 more hours a year with no real dollars increase in pay and fewer benefits- Mark Ames

Where did you hear about less working than 30 years ago? Odd considering there are now 87 million more Americans than 30 years ago.
 
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