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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 Conservative View Post
    Obama is the most incompetent person to ever hold the office, he lacked the experience and leadership skills for the job and his performance shows it. Far too many people lack an understanding of leadership skills and simply buy the rhetoric. There isn't a President in history that took office with the good will of Obama and he failed miserably. His "my way or the highway" approach because of his overwhelming numbers generated the results we have today where are a total disaster. We have a labor force of 155 million and 143 million employed vs. a labor force of 153 million and 146 million employed when the recession began. To get those numbers he has added over 6 trillion to the debt. There are record numbers on taxpayer assistance and his transformation of America into a European model is a disaster yet he continues to get people to buy his rhetoric.
    He's not as incompetent as most Republican presidents...

    Here's a list of presidents, along with the level of increase, or decrease, of the U3 unemployment rate after 50 months in office... Unemployment has not increased for any Democrat president and only 1 Republican president lowered it.



    Clinton -2.1 -29%
    Johnson -2.0 -35%
    Kennedy** -1.2 -14%
    Reagan -0.3 -4%
    Obama -0.2 -3%
    Carter*** 0.0 0%
    Eisenhower +0.8 +28%
    Bush +1.0 +24%
    Nixon +1.5 +44%
    GHW Bush*** +1.9 +35%
    Ford* +2.0 +36%

    * = in office 29 months

    ** = in office 34 months

    *** = in office 48 months


    Bureau of Labor Statistics Data

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

    [QUOTE=Sheik Yerbuti;1061674330]He's not as incompetent as most Republican presidents...

    That ringing endorsement should satisfy the American people.

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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
    Do you realize that percentage change means very little when you are talking about those kind of numbers. My preference and of course the government's preference would be to have the 958 billion dollars and 18 plus million new employees than having the 532 billion
    18 million new employees??

    By what measurement?

    Not by CPS data:
    Jan/81: 99,955,000
    Jan/89: 116,708,000
    TOTAL: 16,753,000

    Bureau of Labor Statistics Data

    And not by CES data:
    Jan/81: 91,031,000
    Jan/89: 107,133,000
    TOTAL: 16,102,000

    Bureau of Labor Statistics Data

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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
    Sorry, but economic conditions affect job creation as well as tax revenue and the reality is the only way to compare is actual dollars during the times and not comparing 2013 to 1980 or any other period of time. Revenue and expenses were generated and paid in 1980 dollars just like revenue and expenses today are paid in 2013 dollars. This is a typical ploy on the part of liberals who want to try and justify the mess we are in today and to try and sell their failed ideology. Reagan cut taxes three years in a row and had a 60% increase in tax revenue created due to improving economic activity and job creation. Obama should take a lesson from that period of time
    Sorry, but comparing 1980's dollars with 1970's dollars as though they were equal is at best, worthless; and at worst, dishonest.

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

    Quote Originally Posted by Grant View Post
    Quote Originally Posted by Sheik Yerbuti View Post
    He's not as incompetent as most Republican presidents...
    That ringing endorsement should satisfy the American people.
    It certainly did in the 2012 election.

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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
    It certainly did in the 2012 election.
    Yes, it did. And the American people are now more trillions in debt with nothing to show for it. It really doesn't say much for the Obamaphone electorate.

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

    Quote Originally Posted by Grant View Post
    Yes, it did. And the American people are now more trillions in debt with nothing to show for it. It really doesn't say much for the Obamaphone electorate.
    What moronic thing to say, do you really believe that BS?

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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
    He's not as incompetent as most Republican presidents...

    Here's a list of presidents, along with the level of increase, or decrease, of the U3 unemployment rate after 50 months in office... Unemployment has not increased for any Democrat president and only 1 Republican president lowered it.



    Clinton -2.1 -29%
    Johnson -2.0 -35%
    Kennedy** -1.2 -14%
    Reagan -0.3 -4%
    Obama -0.2 -3%
    Carter*** 0.0 0%
    Eisenhower +0.8 +28%
    Bush +1.0 +24%
    Nixon +1.5 +44%
    GHW Bush*** +1.9 +35%
    Ford* +2.0 +36%

    * = in office 29 months

    ** = in office 34 months

    *** = in office 48 months


    Bureau of Labor Statistics Data
    22 million unemployed/under employed/discouraged workers say you are wrong,

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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
    Sorry, but comparing 1980's dollars with 1970's dollars as though they were equal is at best, worthless; and at worst, dishonest.
    Debt service is paid in current dollars and debt service is the fourth largest budget item. Glad you are happy with Obama's performance. Obama is responsible for 6 trillion dollars in less than 5 years. He has indeed transformed America into a European model with high unemployment, high debt, greater govt. dependence, and low economic growth

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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
    What moronic thing to say, do you really believe that BS?
    Another liberal who doesn't care that the debt service is the fourth largest budget item and we get nothing for it.

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