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

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

    This is a leadership failure that is tragically unique in American history. Certainly the Obama supporting America haters will be cheering, but it has to be a source of concern to the Democrats that the headlong rush to Socialize America would immediately fail, would have no bright spots along the way, simply a failure of ideas result in a disaster felt around the world.

    Our president seems to have left the field entirely, focusing instead on homosexuals, Mexicans, disarming decent Americans and playing golf.

    It is truly unbelievable.

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

    Quote Originally Posted by Conservative View Post
    You really don't understand our economy do you, it is consumer driven and generated so people with more spendable income spend it, save it, or pay off debt all helping the economy. Only a big govt liberal believes the govt. needs the money more than the people do. What is it in your past that generates this knid of belief? Sorry but the facts prove you wrong, working people pay more in taxes than unemployed people and thus there were more workers then than now thus higher revenue
    The American economy is not generating the types of employment that creates consumers with money to blow..............And, no, deregulating everything here so that employers can pay Chinese level wages will not create employment that creates consumers with money to blow............................

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

    Quote Originally Posted by poweRob View Post
    So I just ****ed your politically dogmatic world view all up and you do your usual non sequitur response of "You're stupid and I'm smarter than you" bull**** dodge post. Ok...My bad. I seriously should've known better than to reply to your tripe.
    Anyone who claims that lower taxes don't increase consumer spending and activity thus increasing govt. revenue are naive, gullible, and very misinformed. Would you rather have someone paying 100 in taxes or two people paying 50 each. Think about it and get back to me.

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

    Quote Originally Posted by poweRob View Post
    Seems to be doing better the further away from Bush we get doesn't it?

    Granted I don't buy that outright but this is how you debate so... welcome to your mirror.
    You have been sold a bill of goods and brainwashed by a failed ideology. Bush wasn't the problem, liberalism is

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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
    This is not even a response to my post. Tax rates are at historic lows while revenues are at their lowest level (factoring for inflation) since 2003. And yet, it is not generating additional revenue.
    Revenue may be lower but it has more to do with 22 plus million unemployed/under employed/discouraged workers paying very little in taxes due to poor economic policies. You have two choices and not surprising you take the one with higher taxes. I prefer the one with lower taxes and more economic activity.

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

    Quote Originally Posted by JC Callender View Post
    I don't have time to study your article and the economy of New Jersey, but would suggest a more non biased source than Bloomberg in the future. Btw, in the little I did read, it says that unemployment has gone down a little.
    You're missing my point. My point is that one cannot empirically attribute the changes to the tax cuts. Cost structure evidence argues that the tax changes likely had a modest impact, but it's premature to try to be more certain.

    In other words, early attribution that gives credit to the tax changes can be far off the mark. For example, compare the contrasting fortunes of California and New Jersey with respect to the unemployment rate.

    California:
    February 2011 12.2%
    February 2012 10.9%
    February 2013 9.6%

    New Jersey:
    February 2011 9.2%
    February 2012 9.0%
    February 2013 9.3%

    The above figures are from the Bureau of Labor Statistics.

    California, which adopted substantial tax increases has experienced a large drop in the unemployment rate. New Jersey, with its aggressive tax relief, has had little change in its unemployment rate. The argument that tax hikes drove California's unemployment rate down would, as has been the case with the argument concerning Michigan's tax relief, almost certainly have been an early attribution of a trend to coincidence in timing, not a proper representation of cause and effect.

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

    Quote Originally Posted by Conservative View Post
    Anyone who claims that lower taxes don't increase consumer spending and activity thus increasing govt. revenue are naive, gullible, and very misinformed. Would you rather have someone paying 100 in taxes or two people paying 50 each. Think about it and get back to me.
    Revenue increases were GREATER before Reagan. Sooooo... think about that and get back to me.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

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

    Quote Originally Posted by Bonzai View Post
    The American economy is not generating the types of employment that creates consumers with money to blow..............And, no, deregulating everything here so that employers can pay Chinese level wages will not create employment that creates consumers with money to blow............................
    Exactly, so you believe raising taxes and growing govt and debt is the answer? You have so little knowledge of what drives this economy because you have been brainwashed by a failed ideology. Obama's results speak for themselves and it isn't a pretty picture

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

    Quote Originally Posted by poweRob View Post
    Revenue increases were GREATER before Reagan. Sooooo... think about that and get back to me.
    Prove it, that is a lie. BEA.gov will give you the answer as will the U.S. Treasury website

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

    Quote Originally Posted by Conservative View Post
    Exactly, so you believe raising taxes and growing govt and debt is the answer? You have so little knowledge of what drives this economy because you have been brainwashed by a failed ideology. Obama's results speak for themselves and it isn't a pretty picture
    I would counter that the entire Conservative mindset is sinking America: The Conservative American ideal of making just enough to be able to shop at Walmart is NOT the American dream most of this country used to believe in............................

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