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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 Sheik Yerbuti View Post
    Riiiight, so McCain would have let the
    economy slip into a depression. Very nice.
    Still lying I see.

    Point to one economist that forecasted a depression if we had NOT passed the stimulus.

    Everything from jobs to monthly GDP had already bottomed out befpre stimulus was enacted

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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
    What is seen here is your biased partisan bs and total ignorance of leadership as well as economics. You post a stupid ass video as proof that the recession was Bush's fault all because you want to divert from the failures of liberalism. It should be the goal of every American President to create home ownership but Bush didn't create the sub prime loans, Bush didn't make the loans, and Bush didn't force people into buying homes they couldn't afford.

    As has been pointed out you give Bush way too power and absolutely none to Obama. Bush created the recession all by himself whereas the smartest guy to ever hold the office doesn't have the power to create stronger economic growth and job creation. That just goes to show how poorly informed and educated you really are
    What are you rambling about now, Con? I did not post a video. I posted links to the 2 bills which Senate Republicans let die which prove that Democrats did not block them with filibusters.

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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
    What are you rambling about now, Con? I did not post a video. I posted links to the 2 bills which Senate Republicans let die which prove that Democrats did not block them with filibusters.
    Keep diverting, a video was posted that you support so whether or not you posted it is irrelevant. You believe Bush had the power to create the recession but apparently Obama doesn't have the power to implement a strong economic recovery. Your entire argument ignores the failures of Obama as the economic numbers show. You seem to believe that .4% economic growth, high unemployment, 6 trillion added to the debt, tens of millions on food stamps, tens of millions dependent on taxpayer assistance shows Obama to be a good leader. Leadership skills aren't your strong suit and in fact don't exist with you

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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
    The numbers prove this is the worst recovery on record but numbers apparently only matter when they seem to support your point of view. The American people suffered more in the 81-82 recession than they did in this one because of the misery index. Further leadership is what got us out of that recession and lack of leadership has kept us in a recession. How desparate you are to prop up a failed President and cannot even acknowledge his failures.

    You love to use percentage change to make your point, I love using real numbers and the affects on the American people. Every American was affected by the recession of 81-82, not so during the 07-09 recession but since you weren't old enough to understand that you buy what you are told by the leftwing sites and ignore history. That is why you have so little credibility.

    Your bullheadedness is something to behold.
    Too bad you didn't take notes ... Let's try this again ... The misery index is not an indicator of the economy.

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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
    Too bad you didn't take notes ... Let's try this again ... The misery index is not an indicator of the economy.
    It isn't? The misery index drives the economy, too bad you are too partisan to understand how our economy even works.

    Notice how you are getting such little support from the left on this thread? Only a liberal who believes in big govt. could make that statement and believe that unemployment plus inflation don't drive the economy

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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
    It isn't? The misery index drives thet economy, 'too bad you are too partisan to understand how our economy even works.

    Notice how you are getting such little support from the left on this thread? Only a liberal who believes in big govt. could make that statement and believe that unemployment plus inflation don't drive the economy
    No, it isn't. Maybe someday you will learn that. Then again, it seems not.

    Anyway, let's try this lesson again ... Just based on the misery index, which is the worse ... An economy with 4% unemployment and 2% inflation? Or an economy with 10% unemployment with 5% deflation? Now, for extra credit, explain why the misery index indicates the former is worse...

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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
    It isn't? The misery index drives the economy, too bad you are too partisan to understand how our economy even works.

    Notice how you are getting such little support from the left on this thread? Only a liberal who believes in big govt. could make that statement and believe that unemployment plus inflation don't drive the economy

    Then why doesn't the The National Bureau of Economic Research use the misery index in there definition of a recession?

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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
    No, it isn't. Maybe someday you will learn that. Then again, it seems not.

    Anyway, let's try this lesson again ... Just based on the misery index, which is the worse ... An economy with 4% unemployment and 2% inflation? Or an economy with 10% unemployment with 5% deflation? Now, for extra credit, explain why the misery index indicates the former is worse...
    We are talking the 81-82 recession and recovery vs the 07-09 recession and recovery? Behind door number one we had a 20 misery index including 10.8% unemployment and behind Door number two we had a 12 misery index and 10% unemployment. Hmmmm, now which door to pick? Sorry you must not have gotten your XBos that you were hoping for or IPAD

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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
    No, it isn't. Maybe someday you will learn that. Then again, it seems not.

    Anyway, let's try this lesson again ... Just based on the misery index, which is the worse ... An economy with 4% unemployment and 2% inflation? Or an economy with 10% unemployment with 5% deflation? Now, for extra credit, explain why the misery index indicates the former is worse...
    It really isn't surprising how little liberals know about the components of GDP and what part unemployment and inflation play in those components. Since GDP is the major determination of a recession don't you think you should know what drives GDP?

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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
    Quote Originally Posted by Sheik Yerbuti View Post
    No, it isn't. Maybe someday you will learn that. Then again, it seems not.

    Anyway, let's try this lesson again ... Just based on the misery index, which is the worse ... An economy with 4% unemployment and 2% inflation? Or an economy with 10% unemployment with 5% deflation? Now, for extra credit, explain why the misery index indicates the former is worse...
    We are talking the 81-82 recession and recovery vs the 07-09 recession and recovery? Behind door number one we had a 20 misery index including 10.8% unemployment and behind Door number two we had a 12 misery index and 10% unemployment. Hmmmm, now which door to pick? Sorry you must not have gotten your XBos that you were hoping for or IPAD
    Hmmmmmm, Sheik asked you a perfectly valid question which you completely avoided. Is deflation ever a good thing, and is inflation always a bad thing?

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