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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 muciti View Post
    I believe I have posted my reasonings for why i think the economy is improving.
    Yet your reasoning isn't backed up by actual results and data. Could it be that your reasoning is wrong?

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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
    Of course it does.

    The less people spend on taxes, the more they have to spend on 'stuff'.

    And over 60% of the U.S. economy is consumer spending.

    How can more disposable income not equal more spending and more jobs?
    You just made the point that democrats have been saying. Extend the Bush tax cuts to only the middle class so we can spend it on the economy. I don't know your income status but our house hold brings in 150,000 a year. However, I can't enjoy the tax breaks that the rich have and the way that Ryan and the republicans are drafting cuts, they are trying to take away the only few deductions I can enjoy while at the same time the Wealthy remains the same. This is what is hurting job growth. The middle class just don't have money to spend. And we all know that the middle class is the engine in this economy. You know it and I know that if a business owner business started exploding, what decision will we make.

    A) Hire to keep up with demand so they can make that paper.

    B) Don't hire anybody because they are paying 4% higher tax.


    most non-partisan people will say that option A would be the most likely results

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

    Quote Originally Posted by rcart76 View Post
    You just made the point that democrats have been saying. Extend the Bush tax cuts to only the middle class so we can spend it on the economy. I don't know your income status but our house hold brings in 150,000 a year. However, I can't enjoy the tax breaks that the rich have and the way that Ryan and the republicans are drafting cuts, they are trying to take away the only few deductions I can enjoy while at the same time the Wealthy remains the same. This is what is hurting job growth. The middle class just don't have money to spend. And we all know that the middle class is the engine in this economy. You know it and I know that if a business owner business started exploding, what decision will we make.

    A) Hire to keep up with demand so they can make that paper.

    B) Don't hire anybody because they are paying 4% higher tax.


    most non-partisan people will say that option A would be the most likely results
    There are no tax cuts just an extension of the rates that have been in effect since 2003. How many people go 9 years without a pay raise? This is nothing more than a diversion from the failed economic results of Obama. How does raising taxes on the rich benefit the economy? Extending the tax cuts on the middle class changes nothing that is in place now.

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

    Expand the number of people paying taxes, and remove tax havens. Everything else is just smoke and mirrors.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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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
    In addition the U-6 rate is now 15% and that puts the unemployed/under employed well over 23 million.
    And, according to a Bureau of Labor Statistics employee I spoke with, that 15% is really higher, as the so-called "discouraged workers" count only includes those they can actually still contact in their monthly surverys, those tabbed for their survey who haven't simply disappeared from being reachable by phone, those who've slipped through the "safety net", from which they extrapolate an estimate, and, as he indicated, since we're pretty sure from other indicators there's considerably more, but we're only allowed to work from the figures we have and estimate from them, well, he thought that the "discourage worker" figure they used was only 60% of the likely actual!

    The problem is worse than the government "is allowed" to let on.

    There is truly no signs of real recovery.

    And it will continue to be that way as long as we have wingnuts in power.

    Tick tock, Americans.
    You don't trust Trump? Well, there's only one way to leverage him to do what's economically right for us all: Powerful American Political Alliance. Got courage?! .. and a mere $5.00?

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

    Quote Originally Posted by rcart76 View Post
    You just made the point that democrats have been saying. Extend the Bush tax cuts to only the middle class so we can spend it on the economy. I don't know your income status but our house hold brings in 150,000 a year. However, I can't enjoy the tax breaks that the rich have and the way that Ryan and the republicans are drafting cuts, they are trying to take away the only few deductions I can enjoy while at the same time the Wealthy remains the same. This is what is hurting job growth. The middle class just don't have money to spend. And we all know that the middle class is the engine in this economy. You know it and I know that if a business owner business started exploding, what decision will we make.

    A) Hire to keep up with demand so they can make that paper.

    B) Don't hire anybody because they are paying 4% higher tax.


    most non-partisan people will say that option A would be the most likely results
    I am not a big 'tax cuts for the rich' supporter. I am for lower taxes across the board for everyone, equally.

    But tell me how raising taxes on the rich will help consumer spending?

    Imo, the more you tax ANY 'class' of taxpayer, the less disposable income available to that economy which then hurts that economy - especially if it is consumer-spending driven, like America's is.

    As I see it - it is IMPOSSIBLE that raising the taxes of the wealthy will do anything but hurt the economy, to some extent.

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

    Economists are calling this "recovery" the worst since he Great Depression. Time for a "change" we can "believe in"?
    "Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy; it's inherent virtue is the equal sharing of misery." Winston Churchill

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

    Quote Originally Posted by Billy the Kid View Post
    Economy adds 163,000 jobs in July, unemployment rate rises to 8.3 percent

    Read more: Economy adds 163,000 jobs in July, unemployment rate rises to 8.3 percent | Fox News


    "July's hiring was the best since February. Still, the economy has added an average of 151,000 jobs a month this year, roughly the same as last year's pace. That's not enough to satisfy the 12.8 million Americans who are unemployed."


    Well at least we're in the same place we were last year.
    Well...except for the fact that the only reason we may be 'there' is so many have dropped out of the workforce...

    Pop the cork...what GREAT news...

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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
    There are no tax cuts just an extension of the rates that have been in effect since 2003. How many people go 9 years without a pay raise? This is nothing more than a diversion from the failed economic results of Obama. How does raising taxes on the rich benefit the economy? Extending the tax cuts on the middle class changes nothing that is in place now.
    Extending tax cuts on the wealthy changes nothing that is in place now.


    So, I'm bad at unemployment statistics. Why did the number go up if we added jobs?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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

    Quote Originally Posted by Born Free View Post
    Higher taxes takes more money out of your pocket, decreasing demand for goods and services, why, because you have less money to spend.
    On the other hand, we have stuff to pay for. Nobody would suggest that lowering taxes is always good. Eventually you don't have enough revenue to pay for things. Similarly, nobody would suggest that raising taxes always raises revenue.

    Unless they're stupid, anyway. The economy is very complicated, absolute statements are universally wrong. Wait, that was an absolute statement...
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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