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Thread: Job growth cools slightly, recovery grinds on [W:225]

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    re: Job growth cools slightly, recovery grinds on [W:225]

    It has to steal money from the private sector to pay for these jobs. Robbing from Peter to pay Paul. The opportunity costs and negative externalities associated with this are astronomical.

    It's called Economics

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    re: Job growth cools slightly, recovery grinds on [W:225]

    Quote Originally Posted by Fisher View Post
    It is a jobless recovery. I am not sure there is anything else the government could do, so it needs to stop making it worse IMHO for the recovery side in the name of the non-existent job growth side.
    Then it's not a recovery. There are plenty of things the government can do, they can stop making it so difficult on the people who actually create jobs, stop taxing the crap out of small businesses, etc. But no, Obama really doesn't give a damn about recovery.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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    re: Job growth cools slightly, recovery grinds on [W:225]

    Quote Originally Posted by pinqy View Post
    Ok, so we have an Adult Civilian population of 244,350,000
    143,305,000 are working
    12,206,000 are looking for work
    82,089,000 don't want to work (mostly disabled, retirees, full time students, and stay home spouses)
    6,750,000 say they want to work but aren't currently looking...about half of whom haven't looked for a job in over a year (which makes their claim a little questionable) and of those who have looked in the last year, about 20% say they couldn't take a job if offered and about 47% quit looking for personal reasons, are now available, but haven't started looking yet.

    It's ridiculous to consider all those as "unemployed." You might as well start including 4 year olds.
    But of course they are unemployed. That's a fact.

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    re: Job growth cools slightly, recovery grinds on [W:225]

    Quote Originally Posted by Grant View Post
    But of course they are unemployed. That's a fact.
    No, it' s not a fact. Calling everyone who isn't working "unemployed" is a useless definition that no economist has ever used.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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    re: Job growth cools slightly, recovery grinds on [W:225]

    Quote Originally Posted by pinqy View Post
    No, it' s not a fact. Calling everyone who isn't working "unemployed" is a useless definition that no economist has ever used.
    There are people who are employed and people who are unemployed. It is important to understand the distinction between the two before we break them down into different groups and categories. The reason for that is because when one gets too high and the other gets too low then the entire economy could be in jeopardy.

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    re: Job growth cools slightly, recovery grinds on [W:225]

    Quote Originally Posted by Helix View Post
    recovery is still slow and exceptionally delicate. we aren't out of the woods yet.
    Recovery? What recovery?

    Do you all realize that the employment to population ratio went down again? In fact, even though the unemployment rate is 0.7% lower in December 2012 compared to December of 2011, the EP ratio is exactly the same?

    That means that the percentage of eligible American workers who have jobs hasn't changed in the last year. You call that a recovery?

    You all asked for it, now you're going to get it... Obamanomics.

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    re: Job growth cools slightly, recovery grinds on [W:225]

    Quote Originally Posted by apdst View Post
    The economy isn't growing. It's maintaining
    Nonsense.
    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.
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    re: Job growth cools slightly, recovery grinds on [W:225]

    Quote Originally Posted by Grim17 View Post
    Recovery? What recovery?

    Do you all realize that the employment to population ratio went down again? In fact, even though the unemployment rate is 0.7% lower in December 2012 compared to December of 2011, the EP ratio is exactly the same?

    That means that the percentage of eligible American workers who have jobs hasn't changed in the last year. You call that a recovery?

    You all asked for it, now you're going to get it... Obamanomics.
    When Obama was sworn in as president we were losing 800,000 jobs per month and that was with th Bush tax cuts in place.


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    re: Job growth cools slightly, recovery grinds on [W:225]

    Quote Originally Posted by Bronson View Post
    Obama's economic team predicted we'd be at 5.2% unemplyment right now if we passed his failed stimulus.
    Sounds like CBO predictions...

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    re: Job growth cools slightly, recovery grinds on [W:225]

    Quote Originally Posted by pbrauer View Post
    When Obama was sworn in as president we were losing 800,000 jobs per month and that was with th Bush tax cuts in place.
    Bill Clinton started all this mess with his stupid CRA amendments.

    This is what happens when you force banks to make credit a "right."

    Anyone watch TV in the 90's or early 2000's? "no money down, no money down, no money down" and "declare bankruptcy and we will settle for pennies on the dollar (which I see over and over again when I watch TV late at night)."

    The idiots in society who thought "free credit" ripped off society and our economy in the process.

    Of course these are the same people who want pitty now that they ripped off everyone and are now playing victims via the aid of Bill Clinton.

    I suppose we can blame republicans too for "compromising" with Clinton in the first place and passing this nonsense CRA BS.

    Our present economy is exactly why you don't compromise with democrats

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