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

muciti said:
unemployment figures are a joke and are exploited because they don't show a complete picture.
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Then we anxiously await you giving us the complete picture since 23 million unemployed/under employed Americans, 1.5% GDP growth, 5.4 trillion added to the debt obviously aren't the real story
 
Risky Thicket said:
It would be nice if we could get people like Romney just to pay taxes, period.

I'm not a Democrat and I am not an Obama supporter. To date the wealthy have enjoyed Bush tax cuts and all the tax loopholes that you and I cannot get yet unemployment continues to suck like a bucket of ticks. Simply continuing the Bush tax cuts isn't going to do squat for jobs and real Americans.
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What you have is Obama job killing policies, which does squat and real Americans.
 
Born Free said:
What you have is Obama job killing policies, which does squat and real Americans.
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Wonder exactly what Romney's tax returns have to do with the Obama failed economic results?
 
rocket88 said:
Lower taxes don't create jobs either. Demand does. As long as demand for products and services remains low, businesses aren't going to hire more people.
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Higher taxes takes more money out of your pocket, decreasing demand for goods and services, why, because you have less money to spend.
 
Risky Thicket said:
It would be nice if we could get people like Romney just to pay taxes, period.

I'm not a Democrat and I am not an Obama supporter. To date the wealthy have enjoyed Bush tax cuts and all the tax loopholes that you and I cannot get yet unemployment continues to suck like a bucket of ticks. Simply continuing the Bush tax cuts isn't going to do squat for jobs and real Americans.
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"The fault, dear Brutus, lies not in ourselves, but in our stars, for we are underlings."

If Romney took advantage of tax loopholes, put on the books by our elected officials, then he did nothing wrong.
 
Conservative said:
Then we anxiously await you giving us the complete picture since 23 million unemployed/under employed Americans, 1.5% GDP growth, 5.4 trillion added to the debt obviously aren't the real story
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I believe I have posted my reasonings for why i think the economy is improving.
 
rocket88 said:
Lower taxes don't create jobs either. Demand does. As long as demand for products and services remains low, businesses aren't going to hire more people.
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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?
 
DA60 said:
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?
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Spending it on chinese/foreign stuff doesn't help much.
 
Conservative said:
Wonder exactly what Romney's tax returns have to do with the Obama failed economic results?
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Because that's all the Obama loyalist have to complain about. Notice they never talk about Obama's thriving economy, nor their loved Obamacare.
 
muciti said:
Spending it on chinese/foreign stuff doesn't help much.
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It does if you sell that stuff or use that stuff to make your living. A dollar saved on an item mey be spent on another.
 
ttwtt78640 said:
It does if you sell that stuff or use that stuff to make your living. A dollar saved on an item mey be spent on another.
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the more money consumers spend on foreign product the more our economy suffers. A dollar saved by you to buy foreign product is a dollar lost that hurts an American business.
 
Born Free said:
Higher taxes takes more money out of your pocket, decreasing demand for goods and services, why, because you have less money to spend.
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Notice that no liberal will ever acknowledge that thus they ignore the point being made.
 
muciti said:
I believe I have posted my reasonings for why i think the economy is improving.
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Yet your reasoning isn't backed up by actual results and data. Could it be that your reasoning is wrong?
 
DA60 said:
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?
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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
 
rcart76 said:
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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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.
 
Expand the number of people paying taxes, and remove tax havens. Everything else is just smoke and mirrors.
 
Conservative said:
In addition the U-6 rate is now 15% and that puts the unemployed/under employed well over 23 million.
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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.
 
rcart76 said:
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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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.
 
Economists are calling this "recovery" the worst since he Great Depression. Time for a "change" we can "believe in"?
 
Billy the Kid said:
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.
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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...
 
Conservative said:
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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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?
 
Born Free said:
Higher taxes takes more money out of your pocket, decreasing demand for goods and services, why, because you have less money to spend.
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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...
 
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