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

  1. #421
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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.
    Like the XL pipeline?
    “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

  2. #422
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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.
    If you are going to deny logical argument, I can't help you.

    It is not me arguing with certitude what the results of an alternate history would have been, it is you.

    I acknowledge that we can't know, you don't seem to understand that.

    However, I think your dismissal of the entire field of economists is telling. They disagree with you as a whole therefore it is all of them that must be wrong, not you.

    And you call me a minion, LMAO.

  3. #423
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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.
    Aw, yes, a program that was Obama's that went into effect in April is the cause of the past poor 4 year's financial performance? Don't you people ever get tired of looking and sounding foolish?

  4. #424
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by ttwtt78640 View Post
    Are you kidding me? Borrowing and spending over $3 billion per day is now considered to be austerity?
    You are kidding yourself if you think we are not in sequestration.
    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.

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

    Quote Originally Posted by DA60 View Post
    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.
    By the standards that matter in DC, it has been a huge success; 94% of our congress critters and the POTUS won re-election in 2012. Campaign cash is flowing at record levels, as is federal gov't spending (soon to balloon more for PPACA). The national debt is in the name of J.Q. Public not due and payable by the DC morons that have accumulated it. Obama simply doubled down on Bush policy (borrow and spend) and seeks to make as many as possible dependent on gov't "help". The GOP now considers a 10% reduction in federal deficit spending as a "huge success", putting us "on a path to balance", while still spending a little more each year.
    “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

  6. #426
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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
    If you are going to deny logical argument, I can't help you.

    It is not me arguing with certitude what the results of an alternate history would have been, it is you.

    I acknowledge that we can't know, you don't seem to understand that.

    However, I think your dismissal of the entire field of economists is telling. They disagree with you as a whole therefore it is all of them that must be wrong, not you.

    And you call me a minion, LMAO.
    Name for me one economic prediction the Obama Administration has made that would give them any credibility in telling what would happen without the failed stimulus program. You seem to have a different opinion of logic than most people but not most liberals.

    You give me an Obama economist and I will show you someone who doesn't have a clue. I can counter those economists who predicted accurately what actually did happen. When will you hold Obama accountable for results.

  7. #427
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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
    Aw, yes, a program that was Obama's that went into effect in April is the cause of the past poor 4 year's financial performance? Don't you people ever get tired of looking and sounding foolish?
    Financial performance? Now you are tangenting off into some other universe.

    If you can't keep the topic, the topic you were on, ie that stimulus was a "failure", then you should be enjoying what we have NOW, anti-stimulus, SEQUESTER.

    Everything should be GOLDEN now.....right? The govt is not spending, "crowding out" private investment....right?

    C'mon, con, either stick to your narrative or come up with a better one.
    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.

  8. #428
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by DA60 View Post
    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.
    To approve, it has to come to him from elsewhere. There are republicans in power who could actually produce something.

    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.

  9. #429
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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
    Financial performance? Now you are tangenting off into some other universe.

    If you can't keep the topic, the topic you were on, ie that stimulus was a "failure", then you should be enjoying what we have NOW, anti-stimulus, SEQUESTER.

    Everything should be GOLDEN now.....right? The govt is not spending, "crowding out" private investment....right?

    C'mon, con, either stick to your narrative or come up with a better one.
    The stimulus didn't create the jobs promised, generated greater debt and lower economic growth. To a liberal that is a success?

  10. #430
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Fruityfact View Post
    http://www.kc.frb.org/publicat/econr...andweghe.pdf--
    "The steady decline of the LFPR since its peak at the turn of the
    century is also related largely to demographic factors. The primary factor behind this decline is the rising share of older workers in the population as the baby-boom generation ages and life expediencies increase.
    The rising share of older workers pulls down the LFPR because older
    workers have lower participation rates than prime-age workers. A second factor behind the gradual decline of the LFPR has been a steady reduction in labor force participation among young people over the
    last decade, resulting in large part from rising school enrollment"
    More than 650K workers left the Labor Market in March

    There is nothing gradual about that

    Discouraged Americans leave labor force | Detroit Free Press | freep.com

    She'd already abandoned hope of getting work in her field, counseling the disabled. But she couldn't land anything else, either — not even a job interview at a telephone call center.

    Until she feels confident enough to send out resumes again, she'll get by on food stamps and disability checks from Social Security and live with her parents in St. Louis.
    Student Loan debt is more than 1 trillion

    More Evidence On The Student Debt Crisis: Average Grad's Loan Jumps To $27,000 - Forbes

    The delinquency rate between 2005 and 2007 on loans issued shortly after October 2005 is 12.4%. Student loans that were taken out shortly after October 2010 have a delinquency rate of 15.1%–an increase of nearly 22%.
    Carry on with your Obama propaganda

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