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

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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
    Bush is responsible for the results just like Obama is responsible for the results today. Leaders cannot delegate responsibility. Bush policies had nothing to do with the results but they are what they are
    Do you believe on the day Bush left office everything he had done for 8 years simply ceased to have any effect? Do you think it works that way for all presidents?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Tishhead View Post
    That might be telling .... if it were true. The stimulus created jobs (as evidenced by all the Repub governors and senators bragging about the stimulus-related jobs in their states). And the deficit for Obama's first fiscal year was LOWER than Bush's last FY.
    Really? Another Obama supporter that doesn't understand basic civics as well as economics. The fiscal year of the U.S. runs from October to September so how did Bush spend all that money from October 1, 2008 to January 21, 2009?

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

    Quote Originally Posted by Boo Radley View Post
    Do you believe on the day Bush left office everything he had done for 8 years simply ceased to have any effect? Do you think it works that way for all presidents?
    Almost four years later, you bet it is Obama's record and results

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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
    Almost four years later, you bet it is Obama's record and results
    Not what I asked. Four years later, public sector is shrinking and private sector is growing. Thsi was something you said you wanted, but are scared to answer today. Try answering what I asked.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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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
    Really? Another Obama supporter that doesn't understand basic civics as well as economics. The fiscal year of the U.S. runs from October to September so how did Bush spend all that money from October 1, 2008 to January 21, 2009?
    I understand it perfectly. Bush's final budget year, which included the first 7 months of the Obama administration, had a higher deficit than Obama's first budget year 10-09 to 10-10. Is there something about this concept that you're not getting?

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

    Quote Originally Posted by Boo Radley View Post
    Not what I asked. Four years later, public sector is shrinking and private sector is growing. Thsi was something you said you wanted, but are scared to answer today. Try answering what I asked.
    GDP growth is a disaster and not enough to keep up with population growth and thus lower the unemployment rate.

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

    Quote Originally Posted by Tishhead View Post
    I understand it perfectly. Bush's final budget year, which included the first 7 months of the Obama administration, had a higher deficit than Obama's first budget year 10-09 to 10-10. Is there something about this concept that you're not getting?
    Wrong, the budget that Bush submitted didn't have the deficit we had in 2009 and Bush didn't bailout GM/Chrysler, create a800 billion stimulus and provide supplementals in Afghanistan. Just goes to show how brainwashed you are

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

    Quote Originally Posted by Boo Radley View Post
    Not what I asked. Four years later, public sector is shrinking and private sector is growing. Thsi was something you said you wanted, but are scared to answer today. Try answering what I asked.
    Spoken like a big central govt. liberal who expects the Federal govt. to save you from yourself because you cannot get your own policies through your state or local community.

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

    Quote Originally Posted by Tishhead View Post
    That might be telling .... if it were true. The stimulus created jobs (as evidenced by all the Repub governors and senators bragging about the stimulus-related jobs in their states). And the deficit for Obama's first fiscal year was LOWER than Bush's last FY.
    I've already been through this argument with Gimmesometruth who couldn't handle the truth earlier. The government's own numbers, from the hallucinated Keynesian economic matrix called a "multiplier effect" created jobs @ 1x. In other words, 1 times the amount of money spent (or about $200K per job). Their own numbers produced by Christina Romer showed if the equivalent amount of money were released into the economy in the form of tax cuts, that number would have increased to 3x.

    When she released the proof, Obama fired her.

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

    Quote Originally Posted by Romulus View Post
    By implementing failed economic stimulus which sharply increased the deficit, and imposing new business costs via PPACA.
    More kookiness, neither has effected CONSUMER demand negatively in any significant amount. In fact the ARRA boosted demand and lowered unemployment.

    I just can't get over your batting average.

    FFS.
    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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