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Thread: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, negativ

  1. #101
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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by winston53660 View Post
    With record breaking profits how can one say the private sector is doing bad?
    Along with an additional 4 million jobs over the last 2 years.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Eighty Deuce View Post
    Record profits for the large multi-national companies accounts for less than 20% of the private sector.

    If liberals would get out of Mom's basement, you might look around and get a better idea of things.
    So trickle down doesn't work.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Sheik Yerbuti View Post
    This is hysterical! The numbers in the study I posted aren't expected for two more years. Yet here you are, applying them to today's unemployment. I can't help you are incapable of comprehending the inherent stupidity in applying non-existent numbers to today's actual numbers.



    I've already addressed that, so who knows why you're repeating it? Again, it's lower than expected because of the recession and since after (employment is a lagging indicator) the recession ended, approximately half of the decline is due to retiring baby boomers.
    Let me 'splain one more time for you. Your study, which you did not read, did the simple mathematical calculation that baby-boomer retirements would reduce the LFPR by 0.4% over the ten year span 2004-2014. That means that in 2012, we would have absorbed 80% of that time-span, or about a 0.32% decline. It is a near linear decline. That is the extent of reduction in the LFPR due to baby boomer retirement. Which is well less than 20% of the decline.

    Only a liberal would argue this with such ignorance of the numbers .................. oh wait !

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by winston53660 View Post
    So trickle down doesn't work.
    Since the liberal version of "trickle down" is to piss on someone's back, and expect them to think its raining ..... you are correct. Does not work.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Eighty Deuce View Post
    Let me 'splain one more time for you. Your study, which you did not read, did the simple mathematical calculation that baby-boomer retirements would reduce the LFPR by 0.4% over the ten year span 2004-2014. That means that in 2012, we would have absorbed 80% of that time-span, or about a 0.32% decline. It is a near linear decline. That is the extent of reduction in the LFPR due to baby boomer retirement. Which is well less than 20% of the decline.

    Only a liberal would argue this with such ignorance of the numbers .................. oh wait !
    The part which evades you is that dummy is you for assuming that 8 years into a ten year projection reveals where that number will be in two years. It doesn't. It's not a linear estimate. The participation rate has, and will continue to be, an erratic number and nothing today reveals where that number will be in two years.

    That's the part you screwed up on. That's why it's hysterical watching you call me names while at the same time, you are applying numbers which don't exist yet and aren't predicted until two more years from now, to today's unemployment numbers.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Hare View Post
    That's very true, hence the necessity for federal intervention. More layoffs at this point would be highly counter-productive. Balancing budgets at the expense of growth and median wages isn't the solution.
    You think the federal government should intervene and tell the states how many employees they need? Tenth amendment considerations aside, the states are laying off people because they are required to balance their budgets in most cases. Does your federal intervention scenario extend to the private sector as well? Companies have to operate at a profit or they die.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Sheik Yerbuti View Post
    The part which evades you is that dummy is you for assuming that 8 years into a ten year projection reveals where that number will be in two years. It doesn't. It's not a linear estimate. The participation rate has, and will continue to be, an erratic number and nothing today reveals where that number will be in two years.

    That's the part you screwed up on. That's why it's hysterical watching you call me names while at the same time, you are applying numbers which don't exist yet and aren't predicted until two more years from now, to today's unemployment numbers.
    Maybe you been eating too much Pow Wow Chow.

    LFPR and baby boomers for dunderheads: Its not about where the number is. It is about, wherever it is, that only 0.4% of the decrease since 2004, thru 2014, will be boomers retiring. Its simple for BLS to figure out, based on population and census and age data. So they did.

    I'll bet that a gorilla could figure this out better than an Orangutan. Can I get a chimp maybe ?
    Last edited by Eighty Deuce; 06-10-12 at 12:47 AM.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by TurtleDude View Post
    Just what we need, another Obama apologist. Maybe the old saying what goes around comes around comes true because Obama got every break plus some in 2008 where the press had a massive man crush on that clown and refused to ask him the sort of questions that might have bitched slapped the moon eyed Obama supporters to wake up and see reality. If that clown had been properly vetted he never would have beat Hillary and then McCain.
    You call the Bush Recession "getting every break"? He was handed the worst hand in postwar history. And which sector has had 26 months of job growth? The public sector is still shedding jobs. Which do you think is doing better?



    PublicSectorJobs.jpg
    Last edited by iguanaman; 06-10-12 at 12:47 AM.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by jimbo View Post
    You think the federal government should intervene and tell the states how many employees they need? Tenth amendment considerations aside, the states are laying off people because they are required to balance their budgets in most cases. Does your federal intervention scenario extend to the private sector as well? Companies have to operate at a profit or they die.
    State and local governments are balancing the budget at the expense of layoffs to the tune of around 600k thus far. Balanced budgets are optimal, but when done at the expense of local employment, cuts can also be highly detrimental to economic growth as a whole. The federal government could theoretically provide short term funding to retain employees and avoid further reductions in the labor force.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Eighty Deuce View Post
    Maybe you been eating too much Pow Wow Chow.

    LFPR and baby boomers for dunderheads: Its not about where the number is. It is about, wherever it is, that only 0.4% of the decrease since 2004, thru 2014, will be boomers retiring. Its simple for BLS to figure out, based on population and census and age data. So they did.

    I'll bet that a gorilla could figure this out better than an Orangutan. Can I get a chimp maybe ?
    I tried, but I still can't get you to understand that this is not 2014.

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