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

  1. #281
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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
    You cited Romer's claim. Romer was wrong.
    The discussion on Romer wasn't about debt load. Read for content.
    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 Eighty Deuce View Post
    It has already been pointed out to you that the cut-off for good or bad with GDP is an annual rate of about 2.0, just to break even with employment.
    according to bea.gov

    Real gross domestic product -- the output of goods and services produced by labor and property
    located in the United States -- increased at an annual rate of 1.5 percent in the second quarter of 2012,
    (that is, from the first quarter to the second quarter), according to the "advance" estimate released by the
    Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent.


    You are arguing as if to say that one job created in the country is somehow an "improvement",
    I never actually said that. You are just making stuff up again. I'd ask you to support it but as you stated before you aren't gonig to support the things you make up so that is probably pointless.

    when the fact is that we need to create about 150,000 jobs per month just to keep up with population growth.
    A higher percentage of adults are working full time today than they were at this time last year and last year was improved over 2010.
    You were arguing "better or worse" before. You should understand what the measures are for such even if you quibble about where the exact line is drawn. Instead, when confronted with the finer understandings of "better or worse", you defer to nonsense.
    I have stated that our economy has been getting consistently better since 2010, i have provided data, and even shown on the data others have provided to refute it. The fact is our economy has been getting slowly better by almost every measure. But dont let silly things like facts get in the way when you can just make things up and post half truths and half facts.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  3. #283
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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Conservative View Post
    Yes, of course it has at a lower rate this year than last year and last year vs the previous year. Not nearly enough to put taxpayers back to work as evidenced by the fact that unemployment is up. You want to see economic growth Reagan doubled GDP and Bush increased GDP by 4.5 trillion dollars over 8 years including the 2007-2008 recession. 2003-2007 the growth was exceptional
    Barack Obama, 1.2% annual G.D.P. growth rate (previously 1.5%)
    George W. Bush, 1.6% (previously 1.7%)
    George H.W. Bush, 2.1%
    Gerald Ford, 2.2%
    Dwight Eisenhower, 2.5%
    Richard Nixon, 3.0%
    Jimmy Carter, 3.2%
    Ronald Reagan, 3.5%
    Bill Clinton, 3.8%
    Lyndon B. Johnson, 5.0%
    John F. Kennedy, 5.4%

    To me, it is amazing that the growth rate after the crash of 08 is as good as it is considering the spending % increases of Reagan and Bush.
    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

    Employment Situation Summary Table A. Household data, seasonally adjusted

    from 2011 to today

    Higher percentage of working adults
    Lower unemployment rate
    People being on unemployment for shorter periods of time
    Fewer discouraged workers
    Fewer mass layoffs
    “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 Gimmesometruth View Post
    LOL...a link to the BEA chart page...is supposed to show what?

    Don't you know, to save a chart you create....you need to save the image and post it?

    Yes...you are ignorant of this basic fact.

    Try again.
    My mistake, thought you were smart enough to get the proper chart. Will not give you that much credit in the future

  6. #286
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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
    Barack Obama, 1.2% annual G.D.P. growth rate (previously 1.5%)
    George W. Bush, 1.6% (previously 1.7%)
    George H.W. Bush, 2.1%
    Gerald Ford, 2.2%
    Dwight Eisenhower, 2.5%
    Richard Nixon, 3.0%
    Jimmy Carter, 3.2%
    Ronald Reagan, 3.5%
    Bill Clinton, 3.8%
    Lyndon B. Johnson, 5.0%
    John F. Kennedy, 5.4%

    To me, it is amazing that the growth rate after the crash of 08 is as good as it is considering the spending % increases of Reagan and Bush.
    And it only cost over a trillion dollars in govt. spending to generate those numbers which are still worse than GW Bush's term which includes two recessions. You need to try harder to act smarter

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

    Quote Originally Posted by Conservative View Post
    My mistake, thought you were smart enough to get the proper chart. Will not give you that much credit in the future
    Which chart....am I supposed to read your mind?

    Here is a chart:

    fredgraph.jpg
    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
    Which chart....am I supposed to read your mind?

    Here is a chart:

    fredgraph.jpg
    must be upside down. shows it going up and these guys wong accept it. You can only show info that reflects poorly on Obama. Wouldnt want to be honest about things.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  9. #289
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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Conservative View Post
    And it only cost over a trillion dollars in govt. spending to generate those numbers which are still worse than GW Bush's term which includes two recessions. You need to try harder to act smarter
    As opposed to two recessions, massive unemployment, a destroyed economy, 2 unfunded wars, hundreds of thousands dead....and $5 Trillion in added debt.

    Good job.
    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.

  10. #290
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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
    Which chart....am I supposed to read your mind?

    Here is a chart:

    fredgraph.jpg
    Does that chart make any sense to you? Think about it, you think we have a 13.6 trillion GDP? Better stay away from numbers, further growth rate is 1.5% annualized, it was 1.8% last year and 2.5% the year before. That isn't an improving economy. Do you know the difference between real and nominal dollars? You might want to learn that difference

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