"I believe in a Spinoza's God who reveals himself in the harmony of all that exists, but not in a God who concerns himself with the fate and actions of human beings."
--Albert Einstein, 1929
Apparently, little Canada (population wise) received more U.S. exports then the entire EU.
And Canada is definitely NOT in a recession.
List of the largest trading partners of the United States - Wikipedia, the free encyclopedia
Plus, I said nothing about Obama. I simply said that anyone who calls this report 'good' is, in essence, wrong.
It is not a good report.
And no offense, but if you think 96,000 jobs created (when the economy needs far more then that just to break even) PLUS the participation rate is at a 30 years low is a 'good' report - then I think you do not understand the U.S. employment situation.
Last edited by DA60; 09-07-12 at 05:01 PM.
blog piece on this crap 6 months ago... I almost always do my own economic research.
And putting aside the fact that they've gone on record saying that they will sit on their hands until Obama is out of the WH.
And erase from our heads all the relevant facts about spending...
And yes, that simple-mided talking point about Obama's policies feels good to conservative ears and doesn't strain the logic part of the brain.
Do you realize that there are only 86,000 more people employed today then there was the day he took office, while at the same time there are nearly 9 million more people in the eligible workforce?
To put that into perspective, lets assume that every person who was employed when he took office, is still employed today. That means that of the 8,827,000 people that have been added to the eligible workforce due to population growth since January 2009, less than 1% of them (0.97%) are employed?
Is this what you call a recovery?