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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 Romulus View Post
    No commodity inflation? Could swear its the highest it's been in 30 years. My bad.

    The libs are just making **** up now. Reality sucks so bad on their watch, everything is now the other side of the looking glass. From Obama, to the dumbest lib in this forum (now that's a contest there !). Its all la-la land.

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

    Quote Originally Posted by Bronson View Post
    Here you go again

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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
    No commodity inflation? Could swear its the highest it's been in 30 years. My bad.

    Lets see if you can find the effective point.....


    commodity.JPG


    (hint: It's at 11-2010)

    http://metricmash.com/inflation.aspx...olitical=false
    Last edited by Gimmesometruth; 08-04-12 at 02:04 AM.
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    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
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    When it comes down to it, all facts are cherry picked.
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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
    Lower taxes create an atmosphere for positive economic growth. What do you do when you get more spendable income? Does more spendable income translate into more economic activity?
    Not when lower taxes only means more $ socked away in hedge funds which is all that has been happening in the upper bracket. Those people spend all the want regardless.
    We really don't want or need the top 5% to keep adding to that $40 trillion nest egg, alot of that is used to bid up commoditites instead of being invested in growth and production.
    You do realize that those "poor" demonized top 5% have ammased a fortune that is greater than all the money ever created before 1980. Just 15% of that fortune would cut our national debt in half and they wouldn't feel a thing. I think that is what scares them so.

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

    Quote Originally Posted by iguanaman View Post
    Not when lower taxes only means more $ socked away in hedge funds which is all that has been happening in the upper bracket. Those people spend all the want regardless.
    We really don't want or need the top 5% to keep adding to that $40 trillion nest egg, alot of that is used to bid up commoditites instead of being invested in growth and production.
    You do realize that those "poor" demonized top 5% have ammased a fortune that is greater than all the money ever created before 1980. Just 15% of that fortune would cut our national debt in half and they wouldn't feel a thing. I think that is what scares them so.
    And they don't buy stuff, like private jets, yachts, big homes, resorts, that keep people working. Remember the luxury tax that killed that market puting companies out of work. Yeah keep raising taxes on the rich and you have companies going bankrupt. Further the rich then go put their money overseas. Yep Good idea.
    Last edited by Born Free; 08-04-12 at 03:37 AM.
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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
    Lets see if you can find the effective point.....


    (hint: It's at 11-2010)

    US Inflation Rate for Commodities
    I see that the CPI % doubled from Oct. 2010 when QE2 started, climbed into double digits by Apr 2011 when it leveled off and began to decline in Nov. 2011. Now we are talking about QE3, which will cause investors to get in ahead of the inevitable commodity price increase. Quantitative easing is synonymous with inflation...that is its purpose. That's all fine and dandy if you're a commodities broker or a billion dollar investment firm, as long as you get the timing right. Poor and middle class families suffer when necessities jump in price by 10 to 20% year to year.

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

    Quote Originally Posted by American View Post
    Obama will continue to polish this turd.
    So would Bush, Romney or any other president. They can't control it, so they have little choice but to polish. The only difference is with those two more republicans would be helping and more democrats would be talking about them polisihing the turd.

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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
    I see that the CPI % doubled from Oct. 2010 when QE2 started, climbed into double digits by Apr 2011 when it leveled off and began to decline in Nov. 2011. Now we are talking about QE3, which will cause investors to get in ahead of the inevitable commodity price increase. Quantitative easing is synonymous with inflation...that is its purpose. That's all fine and dandy if you're a commodities broker or a billion dollar investment firm, as long as you get the timing right. Poor and middle class families suffer when necessities jump in price by 10 to 20% year to year.
    You see a near linear rate of increase since 2003, interrupted by a recession, no spikes or jumps and certainly nothing to indicate any shock. It is no surprise that you once again create something that never happened, thanks for again confirming that.
    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
    You see a near linear rate of increase since 2003, interrupted by a recession, no spikes or jumps and certainly nothing to indicate any shock. It is no surprise that you once again create something that never happened, thanks for again confirming that.
    6.04% in Oct 2010 (QE2 Begins), 13.65% in Apr 2011...nope...no spike there!

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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
    And they don't buy stuff, like private jets, yachts, big homes, resorts, that keep people working. Remember the luxury tax that killed that market puting companies out of work. Yeah keep raising taxes on the rich and you have companies going bankrupt. Further the rich then go put their money overseas. Yep Good idea.
    You shouldn't fear them so much. Taxes don't really effect their spending all that much. Studies can be linked showing that if you need them. And business leaves more for the cheap labor and not having to worry about healthcare than it does taxes. Just thought you should know.

    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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