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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%

    Quote Originally Posted by mtm1963 View Post
    it's only been 35 days since the sequester. hardly enough time for it to actually have an affect over a very short period of time.

    i suspect you buy into the dire consequences of the sequester BS. i don't of course
    I can tell you we are already seeing the effects here. People who would have been hired were not, and cuts are on the horizon.

    As for dire? Well, that's all in how you look at it. I merely suggest that actions have consequence. And that it is somewhat illogical to support actions that cost jobs and then blame those who either didn't get those jobs or lost them. Seems very much wrong headed thinking to me.
    Last edited by Boo Radley; 04-06-13 at 01:02 PM.

    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%

    ''Sequester Costs 750,000 Jobs' From Those Folks Who Gave Us the Four-Million-Job Stimulus'


    'Sequester Costs 750,000 Jobs' From Those Folks Who Gave Us the Four-Million-Job Stimulus - Forbes

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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
    I can tell you we are already seeing the effects here. People who would have been hired were not, and cuts are on the horizon.

    As for dire? Well, that's all in how you look at it. I merely suggest that actions have consequence. And that it is somewhat illogical to support actions that cost jobs and then blame those who either didn't get those jobs or lost them. Seems very much wrong headed thinking to me.
    BHO bears responsibility for both the sequester (his idea) and management of the economy (The buck stops there). All unemployment is to BHO's account.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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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
    BHO bears responsibility for both the sequester (his idea) and management of the economy (The buck stops there). All unemployment is to BHO's account.
    Responsibility is shared. If Obama was king, you'd have a point. But divided government means shared credit and shared blame.

    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 Boo Radley View Post
    Responsibility is shared. If Obama was king, you'd have a point. But divided government means shared credit and shared blame.
    What divided?

    He approves the massive deficits...wants them bigger.

    He re-appointed Bernanke and has put spending Doves on the Fed board...guaranteeing that the massive QE spending and record low interest rates (that Obama approves of) continue to flourish.

    Despite all this, the unemployment rate is worse today then the day he took over.
    And if you used the same participation rate as the day he took over...it is far, far worse (it would be over 10%).

    He is in charge - that means it is his responsibility (like it or not - that is what good leaders do, they take responsibility).

    Since he took over, the unemployment rate is worse, housing prices are worse, the deficit is MUCH worse and food stamp usage is up over 40%.

    By any reasonable, unbiased standard - as POTUS (like GWB before him), he is a huge failure.

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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
    Very easy to determine the success or failure of the stimulus, look at the economic results, jobs created, economic growth numbers. In addition

    Review & Outlook:Why the Stimulus Failed - WSJ.com

    Please tell me how anyone can say that the stimulus reduced joblessness when there are 3 million less employed today than when the recession began and 3 million more in the labor force? I rely on data not economist opinions
    Data would REQUIRE that you had certain knowledge of what the rebukes would have been had the tumulus not been been enacted or another policy had been enacted. You do understand this, don't you.

    If you got into a car accident and the airbag deployed and you broke your arm, by your logic, you would argue that the airbag was a failure because you were worse off after the accident, but of course you would have to dismiss the possibility that your injuries may well have been much worse or fatal without the airbag.

    Your logic is faulty.

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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
    Responsibility is shared. If Obama was king, you'd have a point. But divided government means shared credit and shared blame.
    Obama economic policies haven't turned the economy around as promised, the GOP has stopped nothing that he wanted and you should know that

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

    Quote Originally Posted by CaptinSarcastic View Post
    Data would REQUIRE that you had certain knowledge of what the rebukes would have been had the tumulus not been been enacted or another policy had been enacted. You do understand this, don't you.

    If you got into a car accident and the airbag deployed and you broke your arm, by your logic, you would argue that the airbag was a failure because you were worse off after the accident, but of course you would have to dismiss the possibility that your injuries may well have been much worse or fatal without the airbag.

    Your logic is faulty.
    You have no idea what the results would have been without the stimulus but we do know what the results are now. Obama is a total disaster and unqualified for the office. The results matter except to his minions.

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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 have no idea what the results would have been without the stimulus but we do know what the results are now. Obama is a total disaster and unqualified for the office. The results matter except to his minions.
    Um, we are seeing what the results are NOW with no stimulus. We are currently seeing and anti-stimulus, sequestration, ie austerity.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  10. #420
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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
    Um, we are seeing what the results are NOW with no stimulus. We are currently seeing and anti-stimulus, sequestration, ie austerity.
    Are you kidding me? Borrowing and spending over $3 billion per day is now considered to be austerity?
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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