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Thread: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

  1. #181
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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by muciti View Post
    A quick google search pulled up

    American Household Credit Card Debt Statistics through 2012

    March 31, 2010 March 31, 2012*
    Total revolving debt $842.6 billion $803.6 billion
    Number of U.S. households 116,716,292 118,666,137
    Average credit card debt per household $7,219 $6,772
    % of households with a credit card balance 43.2% 46.7%
    Average credit card debt per indebted household $16,383 $14,517

    That shows improvement from 2010 to 2012
    I said "public debt". That would be the National Debt.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by muciti View Post
    He clearly stated "A number not included above is that the public debt per household is increasing at a rate of about $13,000. per year under Obama" I showed numbers stating that in the last 2 years average household debt has decreased a bit and asked him to support his statement.

    Your statement doesnt seem to include anything of substance.
    To note again, the word is "public"

    That would be the debt increase of over $4 trillion since Obama took office. I thought we were talking things getting better, or worse, with Obama ?

    I then bolstered it with an example using Stimulus spending, and that at some point in the cost of creating a job, we have to say "thanks, but at that price, no thanks".
    Last edited by Eighty Deuce; 08-03-12 at 03:44 PM.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by muciti View Post
    He clearly stated "A number not included above is that the public debt per household is increasing at a rate of about $13,000. per year under Obama" I showed numbers stating that in the last 2 years average household debt has decreased a bit and asked him to support his statement.

    Your statement doesnt seem to include anything of substance.
    Public debt per household is not the same as household credit card debt.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by muciti View Post
    government to my knowledge does not publish the % of adult working full time.
    Yes it does.

    Employment Situation Summary Table A. Household data, seasonally adjusted

    http://www.bls.gov/news.release/empsit.t08.htm

    Just use your calculator and there is your %.


    That's your entire evidence that Gallup's overall numbers are more accurate then the BLS's?

    Gallup contacts less people (I believe), does not include 16-17 year olds and is NOT seasonally adjusted...how could it be more accurate?



    Btw - are you an Obama supporter?
    Last edited by DA60; 08-03-12 at 03:53 PM.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Debt.

    See, I thought the conversation was about unemployment.

    I could get a banning for mentioning this.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Gimmesometruth View Post
    Debt.

    See, I thought the conversation was about unemployment.

    I could get a banning for mentioning this.
    I believe that it was a liberal poster who brought in all these stats to illustrate how we are "improving". Government spending which has artificially supported some of this "improvement" is very much fair game. Or is that "not fair"

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Gimmesometruth View Post
    Sure it is, since govt spending continues to decline, especially at the local level....in response to less revenue.....due to declines in housing......which has caused consumers to pull back. Obama did not cause this, and the solutions are not coming from the GOP, in fact they are stopping what would work. We know what will break this vicious cycle, BIG jobs programs, mortgage/debt relief and programs to get corporations to stop sitting on all the cash they are hoarding.
    You are living in a bizarro world of propaganda. Who filled your brain with such nonsense. Your only answer for anything is Government. It's bizarre.

    Do you have any idea how naive and nonsensical you sound? How does Government generate revenue. I don't want anymore of your "It's not Obama's fault, the Government is not spending enough of other people's money" fantasy land talking points. You just don't understand basic economics. That's the only logical conclusion to spectacle you are making of yourself all over these boards trying to spray perfume on a steaming pile of economic data.

    The money Obama is spending right now is an enormous opportunity cost and negative externality on the private economy. We won't ever really know the innovations and business growth that could have been possible, had that wealth not been confiscated by a radical leftist ideologue for redistribution. Demand driven economies which are fueled by borrowed and spent money have been exposed as massive wealth redistribution schemes. They don't work. They don't create wealth. They don't create jobs. They don't create economic growth. That's all Obama's economic policy is. Punish success and give it to someone else. The Social Justice politics of a Community Organizer.

    Your guys solution is to lower marginal rates on business, believing that will spur investment. But investment goes towards growth products, and nothing is growing which is why business, which has PLENTY of cash already (read: investment dollars) is not already investing. This is NOT a supply side problem.....we are still in a demand side stall. Tax cuts are just pushing on a string, it is not the solution to this problem.
    Us guys? Look pal I'm a United States citizen and I'm concerned about the future of my country. This isn't a game to me. Unemployment is going up. Massive trillions in debt. Massive tax hikes and the poor and middle class. Mandates that violate the Constitution. Massive Government overreach. Massive expansion of the executive branch as Obama arrogantly ignores the restraints of the Constitution.

    Obama promised unemployment RIGHT NOW would be 5.6% if he was allowed to ram his stimulus down our throats. The neo keynesian stimulus that was supposed to be this benevolent Government Program was supposed to put people back to work. It didn't though. Like all centrally planned solutions, it failed miserably.
    Last edited by Bronson; 08-03-12 at 03:51 PM.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Eighty Deuce View Post
    I said "public debt". That would be the National Debt.
    keep rolling your eyes. i have provided data that refutes your claim, you have provided nothing.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by DA60 View Post
    Yes it does.

    Employment Situation Summary Table A. Household data, seasonally adjusted

    Table A-8. Employed persons by class of worker and part-time status

    Just use your calculator and there is your %.


    That's your entire evidence that Gallup's overall numbers are more accurate then the BLS's?

    Gallup contacts less people (I believe), does not include 16-17 year olds and is NOT seasonally adjusted...how could it be more accurate?



    Btw - are you an Obama supporter?
    Gallup and those numbers support each other.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Eighty Deuce View Post
    I believe that it was a liberal poster who brought in all these stats to illustrate how we are "improving". Government spending which has artificially supported some of this "improvement" is very much fair game. Or is that "not fair"
    And who was that? I believe it was you who brought up debt. Mr liberal. Futhermore you still have not supported your statement.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


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