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Thread: August Jobs Report: 96,000

  1. #21
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    Re: August Jobs Report: 96,000

    Quote Originally Posted by johnny_rebson View Post
    There is one way government can help fix this. They can rewrite our environmental and labor laws. We need to compete against China, so we need our playing field to look like theirs.
    Yeah... lets be more like China!

    I can't wait to work in a factory for 20 hours a day for **** all pay in a smog filled city where my children will likely get breathing problems... where do I sign up?

    Why didn't we think of this before.

  2. #22
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    Re: August Jobs Report: 96,000

    obama failed to mention the s-word last nite, it's obscene

    Just don't call it a 'stimulus' - Alexander Burns - POLITICO.com

    Obama wants to boost economy - just don't call it stimulus - Sep. 3, 2010

    Barack Obama's economic proposals: Just don't call it stimulus | The Economist

    the presidential punter equally tried to forget what he calls the patient protection and affordable care act

    the rest of america knows ppac as obamacare, do you think they'll forget?

    he also refused to say whether he thought the 315 million citizens of this country, as well as goodness knows how many illegals, are or are not better off than when he stood before those plastic greek columns 4 years ago at sold out invesco field

    he's certainly not better off

    his arena is not all that's downsized

    President Barack Obama accepted the nomination for a second term Thursday with a speech that summed up the downsized expectations of 2012: There was a little hope, not a lot of change and heaps of mockery for Mitt Romney.

    The gray-templed incumbent, in a noticeably less buoyant mood than he was four years ago in Denver, invoked the transformational legacy of FDR to justify his reelection. But the reality check of George H.W. Bush lurked in crevices of his text, as he implored a wary and worried electorate to stay the course, or risk a Romney presidency.

    Many Democrats, from Nancy Pelosi to James Carville, had urged Obama to rise above the negativity of his street fight with Romney and articulate an affirmative rationale for reelection rooted in a roster of audacious policy proposals. He didn’t. Instead, he offered a hybrid of gritted-teeth optimism, hammer-blow attacks on Romney’s foreign policy inexperience and relatively modest policy goals — including a vow to create 1 million new manufacturing jobs.
    Obama convention speech: Downsizing the dream - POLITICO.com

    a million manufacturing jobs?

    factories employed 15000 net fewer jobs in august, worst showing in 2 years

    james serpenthead carville, diehard clintonista: "it was certainly not the best speech of the convention"

    bubba, despite his obvious flaws, like being a serial abuser of women, at least knows how to look like a president

    in comparison, the punter appears, well, like a harvard professor talking texts with the other patched elbows in the faculty lounge

    ie, completely out of his element

    leadership?

    2011: President's budget sinks, 97-0 - The Hill | TheHill.com

    2012: Obama budget defeated 99-0 in Senate - Washington Times

    2012: Obama budget defeated 414-0 - Washington Times

    how embarrassing

  3. #23
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    Re: August Jobs Report: 96,000

    Quote Originally Posted by avusbluem5 View Post
    Happy about 15% unemployment? What a patriot you are.

    But, aside from giving you a warm and fuzzy feeling, "real unemployment" is irrelevant to vast majority of voters.
    You must be delusional.
    Quote Originally Posted by Redress View Post
    Generalizations are stupid.
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    The Second Amendment has nothing to do with guns.

  4. #24
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    Re: August Jobs Report: 96,000

    from the print partners of msnbc, this morning:

    President Barack Obama’s convention honeymoon lasted all of eight hours.

    As soon as the president jetted out from a mostly successful convention here, he had to address another dismal jobs report suggesting the entire rationale for his campaign — that the economy is moving in the right direction, so just hold on tight — might be dead wrong.

    The latest jobs report showed the nation added just 96,000 jobs in August, a big drop from July and well below expectations. The unemployment rate dropped from 8.3 percent to 8.1 percent, but it did so for the worst possible reason: discouraged workers dropping out of a shrinking labor force.

    There was nowhere to hide in a report that painted a picture of an anemic economic recovery that seems unable to take flight and ease the lingering concern among voters that a president they still like personally has nonetheless failed in his main task of boosting growth and jobs. The poor report from the Labor Department took on added significance for Obama after a convention acceptance speech that received decidedly mixed reviews — even from sympathetic Democrats in Charlotte — and included nothing new in the way of policy initiatives or fresh approaches to job creation.

    Obama on Friday returned to his consistent theme that while growth is not fast enough, the nation has now created more than 4 million new jobs in 30 straight months of employment growth since the crisis bottomed out in 2010.
    Politico: Jobs report challenges Obama

    those 4 million jobs president punt pounds his chest over, 58% of em, earn between $7.69 and $13.83

    Majority of new jobs in recovery are low-paying, study finds - latimes.com

    middle class incomes have fallen (some $4000) nearly TWICE as fast AFTER the end of the recession than they declined DURING the deepest dark days of this dismal barack hussein obama "recovery"

    Household income fell 4.8% during economic recovery, study finds - latimes.com

    are these people lying to you?

    ap, aug 15: U.S. Economic Recovery Is Weakest Since World War II

    The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression. Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest.

    America's gross domestic product – the broadest measure of economic output – grew 6.8 percent from the April-June quarter of 2009 through the same quarter this year, the slowest in the first three years of a postwar recovery. GDP grew an average of 15.5 percent in the first three years of the eight other comebacks analyzed.

    Consumer spending has grown just 6.5 percent since the recession ended, feeblest in a postwar recovery. In the first three years of previous recoveries, spending rose an average of nearly 14 percent.

    The economy shed a staggering 8.8 million jobs during and shortly after the recession. Since employment hit bottom, the economy has created just over 4 million jobs. So the new hiring has replaced 46 percent of the lost jobs, by far the worst performance since World War II. In the previous eight recoveries, the economy had regained more than 350 percent of the jobs lost, on average.

    Never before have so many Americans been unemployed for so long three years into a recovery. Nearly 5.2 million have been out of work for six months or more. The long-term unemployed account for 41 percent of the jobless; the highest mark in the other recoveries was 22 percent.

    Adjusted for inflation, wages have fallen 0.8 percent. In the previous five recoveries - the records go back only to 1964 – real wages had gone up an average 1.5 percent at this point.
    romney on friendly fox pounced:

    "after the party last night, the hangover today, for almost every net new job created approximately four dropped out of the workforce”

    "real incomes, real wages are also not rising, there's almost nothing the president has done in the past four years that gives the American people confidence that he knows what he’s doing when it comes to jobs and the economy”

    "he laid out a few new promises, but the old promises he gave he didn’t report on... because he was unable to fulfill the old promises”

    ryan in LA:

    "if borrowing and spending and regulating and taxing were the secret to economic success, we would be entering a golden age along with greece"

    "it's not, it doesn't work, we need sound money, low tax rates, fiscal discipline, regulatory certainty, and we need to stop this notion of a government-driven economy"

    "obama promised that his more than $800 billion stimulus program would pull unemployment down closer to 6 percent, but it has remained above 8 percent throughout his term in office"

    "this is not even close to what recovery looks like," concluded the wonk

    'This Is Not What Recovery Looks Like': Ryan Tells CNBC - U.S. Election 2012 - CNBC

    not what a recovery looks like---isn't that what ap said?

    actually, it's not even ap doing the talking, it's more what bill clinton would call "arithmetic"

  5. #25
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    Re: August Jobs Report: 96,000

    Quote Originally Posted by johnny_rebson View Post
    There is one way government can help fix this. They can rewrite our environmental and labor laws. We need to compete against China, so we need our playing field to look like theirs.
    Instead of trying to compete with CHina over pollution, why don't we just stop sending our jobs over there and compete for a better economy?

  6. #26
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    Re: August Jobs Report: 96,000

    Quote Originally Posted by avusbluem5 View Post
    But, aside from giving you a warm and fuzzy feeling, "real unemployment" is irrelevant to vast majority of voters.
    How interesting, that you think the electorate is too stupid to be aware of the conditions of the economy that they are living in.

    Thank you for educating us so aptly on the left-wing opinion of the American citizen

  7. #27
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    Re: August Jobs Report: 96,000

    Quote Originally Posted by Hairytic View Post
    Instead of trying to compete with CHina over pollution, why don't we just stop sending our jobs over there and compete for a better economy?
    why didn't we think of that before! we'll just press the "More Jobs" button on the Presidents' Desk, and cost/productivity efficiency levels will magically reverse themselves!!!


    Oh man, hairytic, we need to get you on the Presidential Economic Team stat!



    Ok, so, that was sarcasm. In reality, when we trade with China, we increase the wealth of BOTH nations.

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    Re: August Jobs Report: 96,000

    Quote Originally Posted by cpwill View Post
    why didn't we think of that before! we'll just press the "More Jobs" button on the Presidents' Desk, and cost/productivity efficiency levels will magically reverse themselves!!!


    Oh man, hairytic, we need to get you on the Presidential Economic Team stat!



    Ok, so, that was sarcasm. In reality, when we trade with China, we increase the wealth of BOTH nations.
    Oh, you mean that button that instantly changes our economic system to allow people to be able to live on 5 cents an hour with 80 hour work weeks? That button?

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    Re: August Jobs Report: 96,000

    Quote Originally Posted by cpwill View Post
    How interesting, that you think the electorate is too stupid to be aware of the conditions of the economy that they are living in.

    Thank you for educating us so aptly on the left-wing opinion of the American citizen
    Pew Research Poll indicates 57% of voters know the current unemployment rate.

    Now, if only 57% are aware of the most common unemployment statistic... how many do you think know about the U-6 rate?

    Well Known: Clinton and Gadhafi; Little Known: Who Controls Congress | Pew Research Center for the People and the Press

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    Re: August Jobs Report: 96,000

    Quote Originally Posted by KopeAcetic View Post
    Let me begin by saying I'm not a firm Romney or Obama supporter, that being said



    C'mon, seriously? Romney wants to cut programs that everyone (even liberal analysts) say are not doing the tasks they are supposed to do with well over the money they were supposed to do it in.
    He needs a lot more than that to cover huge increases in defense spending through the pentagon, and cutting taxes further on corporations and the rich. Think about it, the money has to come from somewhere. In Mitt;s case it is not defense. It is not the rich, it is not the corporations, so who is left to pay for those things? The money does not magically get there. When you are cutting tax revenue further like he wants to do for the rich you have to get the money from somewhere. Honestly, I don't think mitt will get it from the people, he will borrow it. In 4 or 8 years it is someone else's problem, and we see how he deals with that in the past.

    Quote Originally Posted by KopeAcetic View Post
    Really? You went there? You know this to not be true, you're being incredibly hyperbolic which basically negates your points as having any validity.
    Do you think they are going to work for free? he wants to cut spending in all of those areas, and that means job cuts.

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