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

  1. #271
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Kushinator View Post
    Taxes!

    No, i just understand the nature of our economic reality. The private sector is sitting on $3 trillion plus in short term liquidity. Tax rates are near historic lows (both corporate and individual). As previously stated, corporations are protecting shareholder value.
    Perhaps you should consider how the phrase "short term" impacts corporate decision making.

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

    Quote Originally Posted by AlabamaPaul View Post
    At what point in the discussion did we begin posting about corporations until now?
    You have stated the private sector is constrained, and yet cannot provide a concrete example of such constraint.

    Is it your position that confiscating wealth is the solution to our problems?
    Nope!
    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.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    [QUOTE=Texmex;1061655628]
    Quote Originally Posted by Conservative View Post

    Nice BS rant that says absolutely nothing, something you are good at. How about answering the question?
    Answer the question ? You and I agreed he was incompetent, remember ?
    The New Democratic Party Slogan :

    " Return to Power By Any Means Necessary "

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

    Quote Originally Posted by Fisher View Post
    Perhaps you should consider how the phrase "short term" impacts corporate decision making.
    Short term liquidity refers to commercial paper, treasury notes, cash,money market accounts, etc.... My apologies for not being specific.
    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.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  5. #275
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Kushinator View Post
    You have stated the private sector is constrained, and yet cannot provide a concrete example of such constraint.



    Nope!
    kush, you're allover the place tonight. Can we freely explore for energy in the country? Answer: No. Therefore the private sector is constrained by government and jobs are not being created...
    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...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  6. #276
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by AlabamaPaul View Post
    kush, you're allover the place tonight. Can we freely explore for energy in the country? Answer: No. Therefore the private sector is constrained by government and jobs are not being created...
    Are you suggesting that there is never just cause for such restrictions?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by AlabamaPaul View Post
    There is currently a large divide between the skill set of the unemployed and any jobs available, and that is what needs to be narrowed.
    Sure, but advocating energy independence does not address this what-so-ever.

    Forgive me, but I'll reference you once again to ND.
    I will respond by referencing opportunity costs.

    I'm not saying we need to rape the country, but a rational approach to private sector job growth should surely be welcome to everyone...
    Sorry, but perpetual references toward resource extraction are not very convincing. What are the comparative advantages of the U.S. economy? Hint: raw resource extraction is not one of them!
    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.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  8. #278
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Boo Radley View Post
    Are you suggesting that there is never just cause for such restrictions?
    All developed economies rely on energy for their standard of living. What would you consider just cause to import energy resources rather than producing them domestically?
    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...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  9. #279
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Kushinator View Post
    Where were you for lasts month's strong jobs report (of which i predicted over 225K+)?
    You have deluded yourself with low expectations and now you're trying to fool everyone else. You don't know real world economics. You just spout theories about "investing in infrastructure" and "more stimulus". It's the same tired old cliche Keynes speak. When it doesn't work you just claim people are stupid and we need to spend even more. It's boring and repetitive.

    Some facts about the February Jobs Report:

    Long term unemployment = increased

    Labor Force Participation Rate = Decreased. If the LFPR was the same it was last year, unemployment would be at 8.3%

    Black Teen Unemployment = 43.5% The highest in nearly 30 years.

    225K jobs a month would need to remain steady until 2021 to get the country back down to pre 2007 levels of employment because of population growth

    When these numbers are seasonally adjusted, Full Time Employment actually dropped by more than 70K jobs. Part time jobs grew which is a bad sign because many of those part time jobs are held by the same person. You can't survive on 1 part time job. It shows the effects of Obamacare as employers adjust to the legislation and cut hours and drop the amount of FT Jobs they have on their payrolls. Multiple jobholders rose by an incredible 340K. A record.

    Table A-9. Selected employment indicators



    January's job report was actually revised down as well to 119K. Both months averaged out is around 178K. Lower than the previous year which sucked too. Whatever spin and propaganda you're trying to fool people with isn't working anymore. Obama's own economic team predicted unemployment right now would be 5% after we passed the Stimulus. It's comical watching you try to shove a crap sandwich down everyone's throat in this thread.

    The fact that you even have to point to a past report because you know there is nothing good about today's jobs report is telling. It's an absolute disaster and it's only going to get worse. GDP Growth last quarter was .4%. The quarter before that it was initially in the negative but it was "revised" to .1%. This is 4+ years into the meat of Obamanomics. Anyone trying to defend this failure should be ashamed and embarrassed.

    Anyways good luck with your propaganda.

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

    Quote Originally Posted by Kushinator View Post
    Sure, but advocating energy independence does not address this what-so-ever.



    I will respond by referencing opportunity costs.



    Sorry, but perpetual references toward resource extraction are not very convincing. What are the comparative advantages of the U.S. economy? Hint: raw resource extraction is not one of them!
    Are you interested in maximizing employment or not? This is the most economical way to do so as no further education of the workforce is required, just training which would be provided by the employer not government...
    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...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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