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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 winston53660 View Post
    Then why doesn't the The National Bureau of Economic Research use the
    misery index in there definition of a recession?
    Lol !!

    The National Burea of Economic Research tied the CRA directly to the Sub-Prime Hosuing Collapse.

    Would a Con poster please post that study for or confused liberal friends ?

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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
    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?
    /the question has nothing to do with the thread topic or the questions raised. You love asking questions so when will you ever answer questions posed to you. You never even admitted that the 500,000 number was right, nor ever addressed the actual Obama economic results. When you start answering questions I will do the same for you.

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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.
    Oh cmon. Its a combination of a variety of economic indicators. It is an indicator of sorts. I wouldnt argue its as important as Conservative likes to make it or he gathers data as well as he should but to declare it isnt an indicator is false. It is, its just not as reliable as others.

    One bad argument shouldnt lead to a counter argument that is worse...and false.

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

    Quote Originally Posted by Fenton View Post
    Lol !!

    The National Burea of Economic Research tied the CRA directly to the Sub-Prime Hosuing Collapse.

    Would a Con poster please post that study for or confused liberal friends ?
    It is hard discussing economic issues including recession and misery index with people whose ideology believes rhetoric trumps substance. Since most liberals don't seem to know the components of GDP they obviously have no idea how misery index plays into our GDP numbers thus affects the definition of recession.

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

    Quote Originally Posted by OpportunityCost View Post
    Oh cmon. Its a combination of a variety of economic indicators. It is an indicator of sorts. I wouldnt argue its as important as Conservative likes to make it or he gathers data as well as he should but to declare it isnt an indicator is false. It is, its just not as reliable as others.

    One bad argument shouldnt lead to a counter argument that is worse...and false.
    So you are telling me that misery index doesn't impact GDP? IMO misery index is a more reliable measurement of economic activiy than simply looking at GDP numbers as a whole. Misery index is all about consumer activity and that is the driving force behind 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
    /the question has nothing to do with the thread topic or the questions raised. You love asking questions so when will you ever answer questions posed to you. You never even admitted that the 500,000 number was right, nor ever addressed the actual Obama economic results. When you start answering questions I will do the same for you.
    You were the one that mentioned the misery index. I acknowledged the 500 figure was correct by saying the chage each month fluctuates. Do you acknowledge the labor force went up a total of 929k for Sept and Oct 2012?

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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
    You were the one that mentioned the misery index. I acknowledged the 500 figure was correct by saying the chage each month fluctuates. Do you acknowledge the labor force went up a total of 929k for Sept and Oct 2012?
    Yes, I acknowledge that but what is your point? The labor force is up 1.1 million in almost 5 years showing truly how many people have left the labor force. Bush had a 10 million gain in 8 years, Obama has one million in 4. Looks like labor force should increase about a million a year so where are those missing Americans?

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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
    If anyone is spinning, it is you. Politicians say all kinds of things. Do you believe them every time? This is not about rhetoric, but what is factually true. I've linked support on this as well.
    You are saying that it is not the POTUS's responsibility.

    He is saying it is.

    Only he can speak for himself - you cannot.

    You are doing the spinning - you are ignoring his own words even though he would know more then anyone what his responsibilities are.


    I am not going to debate this with you as there is nothing to debate.

    President Obama freely and publicly (on record) has admitted that the economy is his responsibility.

    End of story.


    Have a nice day.

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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
    You are saying that it is not the POTUS's responsibility.

    He is saying it is.

    Only he can speak for himself - you cannot.

    You are doing the spinning - you are ignoring his own words even though he would know more then anyone what his responsibilities are.


    I am not going to debate this with you as there is nothing to debate.

    President Obama freely and publicly (on record) has admitted that the economy is his responsibility.

    End of story.


    Have a nice day.
    Again, he's playing politics. There is an objective reality that is not dependent on what anyone says. I might say I can fly without mechanical aid, but the reality is I cannot. Do you want factual truth, or to play rhetorical games?

    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 Sheik Yerbuti View Post
    Nope, not lying or pushing propaganda.

    Yes you are lying and pushing propaganda

    You're also laughably embarrassing yourself by still whining about Bush 4+ years after he left office

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