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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
    Two years after the worst recession since the Great Depression, 81-82 showing what leadership can do

    Ronald Reagan TV Ad: "Its morning in america again" - YouTube
    It's amazing how quickly you can cure a recession that you created intentionally, isn't it?
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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

    Quote Originally Posted by AdamT View Post
    So what you're saying is that you would prefer an economy where we are losing better than half a million jobs every month, GDP growth clocks in at NEGATIVE 6.7%, the stock markets are crashing, the financial sector is crumbling, home values are plummeting, foreclosures are skyrocketing, and it's virtually impossible to get a loan....? I doubt it.
    We still have an economy losing over a half million jobs a month and that is after spending over a trillion dollars and this is over three years later. GDP growth is dropping every year since 2010 so that is hardly a growing economy. The financial sector was bailed out by Bush not Obama yet you want to give him credit for saving the economy then blame Bush for the deficit. The results of Obama speak for themselves even though you want to ignore the Obama record and divert from it.

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

    Quote Originally Posted by AdamT View Post
    It's amazing how quickly you can cure a recession that you created intentionally, isn't it?
    What is amazing is that you give obama a pass for his disastrous economic 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
    What is amazing is that you give obama a pass for his disastrous economic results.
    See, you're speaking about results again. What did I tell you earlier? Need me to go back and show you?

    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
    We still have an economy losing over a half million jobs a month
    That's a blatant lie. Last month the economy picked up 163,000 jobs, which I believe is slightly below average for the last 35 months.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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

    Quote Originally Posted by AdamT View Post
    That's a blatant lie. Last month the economy picked up 163,000 jobs, which I believe is slightly below average for the last 35 months.
    "A lie"?

    How do you know he's lying?

    Isn't that a rather harsh criticism?

    I mean, he could be talking about net loss of living-wage jobs, what with all the out-sourcing of American jobs to wage-slaves from other countries that's still raging out of control.

    Or the jobs of people 55 and older, what with all the age discrimination in hiring these days.

    Or, heck, what if he's wrong by means of misinformation, or didn't grasp a concept, or who knows what .. why not just say "that's not true" and let it go?

    I don't know what's going on around here lately .. it's as if the economy, our lack of recovery from the lingering effects of the recession, the hope in the election that "our favorite" will win and fix things or the fear that the greater evil of the two will win and make life economically worse .. I don't know .. .. but something has this place in a tense state waiting to explode with an epithet or two every few minutes.

    Sure wish we could fix it, whatever it is in the economy that's got everyone all wound up tighter than the girdle of an African Mormon minister's wife at an all-you-can-eat pancake breakfast.
    .
    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 Ontologuy View Post
    "A lie"?

    How do you know he's lying?

    Isn't that a rather harsh criticism?
    It's not really something subject to shades of meaning. He claims that the economy is still losing 500,000 jobs a month when in fact the official numbers from bls (his Bible) demonstrate that the economy has added jobs almost every month since Obtober of 2009 -- more than 4 million jobs in under three years, versus, if he was telling the truth, minus 18 million jobs.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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

    Quote Originally Posted by AdamT View Post
    That's a blatant lie. Last month the economy picked up 163,000 jobs, which I believe is slightly below average for the last 35 months.
    Last month we had over 13 million unemployed people including 850k discouraged workers. That is hardly a successful record. Bet you really were excited when Bush had 48 straight months of Job creation but you want to focus on the negatives all in an attempt to prop up the empty suit in the WH.
    Last edited by Conservative; 08-07-12 at 09:03 AM.

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

    Quote Originally Posted by Ontologuy View Post
    "A lie"?

    How do you know he's lying?

    Isn't that a rather harsh criticism?

    I mean, he could be talking about net loss of living-wage jobs, what with all the out-sourcing of American jobs to wage-slaves from other countries that's still raging out of control.

    Or the jobs of people 55 and older, what with all the age discrimination in hiring these days.

    Or, heck, what if he's wrong by means of misinformation, or didn't grasp a concept, or who knows what .. why not just say "that's not true" and let it go?

    I don't know what's going on around here lately .. it's as if the economy, our lack of recovery from the lingering effects of the recession, the hope in the election that "our favorite" will win and fix things or the fear that the greater evil of the two will win and make life economically worse .. I don't know .. .. but something has this place in a tense state waiting to explode with an epithet or two every few minutes.

    Sure wish we could fix it, whatever it is in the economy that's got everyone all wound up tighter than the girdle of an African Mormon minister's wife at an all-you-can-eat pancake breakfast.
    .
    Perhaps Conservative he is talking about the weekly jobless claims which run about 350K weekly. Now those are gross job loses. The other guy seems to be trying to bait others into getting fights versus debates. It seems that the Obama team strategy is to make politics so ugly this year that people will not to participate. Leaving his key voting blocks because they are Obama lemmings who don't even follow politics, many probably could not tell you the name of the vice president,

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

    Quote Originally Posted by AdamT View Post
    That's a blatant lie. Last month the economy picked up 163,000 jobs, which I believe is slightly below average for the last 35 months.
    Lie
    n.
    1. A false statement deliberately presented as being true; a falsehood.
    2. Something meant to deceive or give a wrong impression.

    Lie - definition of Lie by the Free Online Dictionary, Thesaurus and Encyclopedia.


    Unless you can prove Conservative deliberately stated a falsehood, you owe him an apology, imo.
    Last edited by DA60; 08-07-12 at 10:40 AM.

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