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Thread: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%[W: 831]

  1. #1151
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by pbrauer View Post
    Not all job opportunities are paid, many of those positions are volunteer jobs they do not add to the economy.

    Approximately 700K public sector jobs have been lost due to shrinking income taxes.
    So what? You think that helps your case?
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    You keep using this word, but you are ignoring the second most common understanding/use of the word.

    Being the primary cause of something and so able to be blamed or credited for it.

    Oh, confidence fairies, magic dust and all.

    I wouldn't bring W into the mix, his record on job creation and crashing economies is well known.

    If this is a recommendation for following Reaganite voodoo economics, then you have no standing on debt complaints.
    Unemployment 7.6%. Lowest workforce participation since 1979. Keep dodging & ducking.
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  3. #1153
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Jack Hays View Post
    The POTUS is responsible, regardless of the primary cause. What BHO did not do was engender confidence, which is what RWR did in spades, and even GWB did better than BHO.
    At least it's finally nice to see a right who believes Bush is responsible for not doing enough to prevent 9.11.

  4. #1154
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Sheik Yerbuti View Post
    And both have done better than Bush. So excuse me if I care not what a Bush apologist has to complain about.
    If either had been able to match GWB's average unemployment rate of 5.3% both would have better reputations.
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Jack Hays View Post
    Unemployment 7.6%. Lowest workforce participation since 1979. Keep dodging & ducking.
    LOL....you just fell back two pages to repeat the same factoid being addressed, avoiding the previous points....and I am "ducking" the conversation?

    This is pathetic.
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    He didn't say it didn't make sense. He said it is complete nonsense.

  6. #1156
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Sheik Yerbuti View Post
    At least it's finally nice to see a right who believes Bush is responsible for not doing enough to prevent 9.11.
    You are correct. GWB and his people came into office convinced that Clinton had used terrorism to dodge more important and difficult questions. They were not to be persuaded that the threat was real and deadly. We knew the blow was coming, but we couldn't get the WH to buy in.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

  7. #1157
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Sheik Yerbuti View Post
    The main reason unemployment is as high as it is, is due to the drop in the state and local public sectors since the recession ended, which lost 700,000 jobs over that period, while the private sector has gained 5 million jobs since then. One of the factors in the public sector drop is lost revenue. The drop in LFPR is due to multiple factors, which include but are not limited to retiring (and dying) baby boomers, sharp increase of those filing for disability, increase of people choosing school over work, fewer jobs available, discouraged workers. These are all factors for why the LFPR has been dropping ... since 2001, by the way, with the exception a brief period from about 2004/2005 until the housing bubble, which is what helped the LFPR during that period, collapsed entirely.
    You just posted a lot of words but said nothing of value. Let's consider your first sentence. Your contention is that an 8:1 increase in private sector employment has not been able offset the decrease in the public sector, and this is why unemployment remains high? That's a contortion not many can make with any credibility.

    Next, let's assume all your reasons for the drop in the LPR are correct, with which I happen to agree, then we should be experiencing a labor shortage and a correspondingly low UE rate. Would you not agree?
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
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  8. #1158
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Jack Hays View Post
    So what? You think that helps your case?
    I should have added that public sector job loss is due to decreasing tax revenue.


  9. #1159
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    LOL....you just fell back two pages to repeat the same factoid being addressed, avoiding the previous points....and I am "ducking" the conversation?

    This is pathetic.
    Since you used those two pages to duck the central issue, I don't feel too bad.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

  10. #1160
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by pbrauer View Post
    I should have added that public sector job loss is due to decreasing tax revenue.
    Yes. Shrinking tax base resulting from poor economic management. BHO owns those losses too.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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