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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=Conservative;1061655709]
    Quote Originally Posted by Texmex View Post

    Answering what question as obviously you have no idea how to use quotes properly as the post you attributed to Fenton was actually mine. You want to debate the issues please give me something factual to debate, not simply your opinions based upon biased inaccurate reporting. Do some research to learn the errors of liberalism and your ways.
    Yea, that's what I would concentrate on, the quote feature.

    You talk about my errors, I bet my liberal ass has it better than you do currently. I don't work and do what I want. You're not late for work are you?

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

    Quote Originally Posted by CanadaJohn View Post
    Name one credible source that can identify a single job that was lost in March as a result of the sequester.

    The jobs numbers were abysmal but had nothing, zero to do with the sequestration and everything to do with the onset of Obamacare and the American people's idiotic decision to put the golfing/crooning/jumpshot shooting clown back in the White House.

    Almost 500.000 left the workforce last month resulting in a downward tick in the unemployment rate. At this pace, Obama can claim success when everyone in America stops working or looking for work. Well done.
    our economy is largely dependent on informed gambling. if one knows for a fact that demand side is going to take a hit in the coming year due to public sector workers working less, hiring is going to slow down. when there's a crimp in the hose, it's a good bet that the water is eventually going to lose pressure.

    as for whether this mediocre jobs report can be blamed in large part on sequestration, the answer is probably no. however, it's one factor among many, which is why i was expecting a lousy report. i have no idea how economists figured 200k jobs for March. they need to address flaws in their prediction models.

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

    [QUOTE=Texmex;1061655757]
    Quote Originally Posted by Conservative View Post

    Yea, that's what I would concentrate on, the quote feature.

    You talk about my errors, I bet my liberal ass has it better than you do currently. I don't work and do what I want. You're not late for work are you?
    Aw yes, when you cannot respond to data you resort to the personal attacks. I have been retired for 9 years, spent 35 years in the business world so what were you saying about having it better than I have it? I am waiting for you to explain what economic policy Obama has implemented or has had stonewalled that would make the economy better, provide strong economic growth and great job creation? 88000 jobs and 500,000 people dropping out of the labor force isn't the sign of economic growth and return to prosperity.

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

    Quote Originally Posted by Helix View Post
    our economy is largely dependent on informed gambling. if one knows for a fact that demand side is going to take a hit in the coming year due to public sector workers working less, hiring is going to slow down. when there's a crimp in the hose, it's a good bet that the water is eventually going to lose pressure.

    as for whether this mediocre jobs report can be blamed in large part on sequestration, the answer is probably no. however, it's one factor among many, which is why i was expecting a lousy report. i have no idea how economists figured 200k jobs for March. they need to address flaws in their prediction models.
    Why aren't you concerned about a labor force dropping by 500,000, a 155 million labor force with only 143 million working?

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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
    Why aren't you concerned about a labor force dropping by 500,000, a 155 million labor force with only 143 million working?
    i'm concerned about all of it. you see, i want our economy to succeed regardless of which half of the superparty is in charge.

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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 it does appear that you have no understanding of our private sector economy and what it takes to stimulate and grow it. Let me help you, govt. economic policy that doesn't penalize individual wealth creation and dampers investment capital creation.

    Name for me one positive economic policy Obama has created?

    What you fail to recognize is that every President in history has had opposition and the sign of a good leader is the ability to work with that opposition. Obama's "my way or the highway" attitude isn't condusive to positive economic policy and growth. In fact Obama had a filibuster proof Senate during his first term.

    Seems that Obama supporters are oblivious to reality.
    I understand that it is your opinion that only supply side policies will work. To argue that by disagreeing with your assertion that I have no understanding of what it takes to stimulate growth is clear evidence that you don't understand that supply-side theory is a philosophy or an opinion that you happen to agree with but is not remotely the only accepted theory. I udnerstand supply-side theory (I used to be a supply-sider) and I understand Keynesian theory. I don't believe either is the right course all the time, I believe the correct policies is dependent on current conditions, and in my opinion, the current conditions warrant Keynesian policy.

    I say this because supply-side policy can effectively add capital to the market but the market is not short on capital, there is an excess of capital and a shortage of demand.

    I would not disagree that political dysfunction is adding the uncertainty that is keeping capital on the sidelines, but I am very confident that actual policy decisions, even Keynesian policy decisions, would settle some of the uncertainty as well as boosting demand, and the capital would flow back into the economy.

    I think it is ridiculous to argue that supply-side policy is necessary when there are trillions of dollars in capital out there, supply side policies would just add to the capital that is sitting on the sidelines.

    The stimulus was a positive economic policy, and pretty much the last policy Obama could get through as he did NOT have a filibuster proof Senate but for a few months broken over three periods in 2009.

    Obama is a Democrat, the Senate has a Democratic majority. So who's policies should move forward with, the GOP policies of the House?

    It is the GOP that is making the petulant stand of my way or the highway.

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

    Quote Originally Posted by Helix View Post
    i'm concerned about all of it. you see, i want our economy to succeed regardless of which half of the superparty is in charge.
    How is the economy going to succeed when we have a President who lacks positive leadership traits and doesn't understand how a private sector economy works yet has the support of some many who have the same ideology? You don't grow a private sector economy by taking money out of it through higher taxes and regulations. Obama is transforming American into a European model of low economic growth, high unemployment, declining labor force, and high debt. Is that really what you want?

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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
    How is the economy going to succeed when we have a President who lacks positive leadership traits and doesn't understand how a private sector economy works yet has the support of some many who have the same ideology? You don't grow a private sector economy by taking money out of it through higher taxes and regulations. Obama is transforming American into a European model of low economic growth, high unemployment, declining labor force, and high debt. Is that really what you want?
    i'm not arguing hyperpartisan caricatures with you. have a good one.

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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
    the usual bad news when it comes to jobs.
    Uhm.... the unemployment rate has dropped most months since around 2010. You sure about that?


    the labor force participation rate continues to fall. down to 63.3% from 63.5% in feb.
    The labor force participation rate has had a downward trend since 2002.



    It's mostly the Baby Boomers retiring. It's a long-term demographic trend, not a short-term event attributable to government policies.

    On a side note, I find it hilarious that a small rise in the unemployment rate is a sign of doom, whereas any drop in the unemployment rate is mercilessly hammered as a flawed and politicized data.

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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
    I understand that it is your opinion that only supply side policies will work. To argue that by disagreeing with your assertion that I have no understanding of what it takes to stimulate growth is clear evidence that you don't understand that supply-side theory is a philosophy or an opinion that you happen to agree with but is not remotely the only accepted theory. I udnerstand supply-side theory (I used to be a supply-sider) and I understand Keynesian theory. I don't believe either is the right course all the time, I believe the correct policies is dependent on current conditions, and in my opinion, the current conditions warrant Keynesian policy.

    I say this because supply-side policy can effectively add capital to the market but the market is not short on capital, there is an excess of capital and a shortage of demand.

    I would not disagree that political dysfunction is adding the uncertainty that is keeping capital on the sidelines, but I am very confident that actual policy decisions, even Keynesian policy decisions, would settle some of the uncertainty as well as boosting demand, and the capital would flow back into the economy.

    I think it is ridiculous to argue that supply-side policy is necessary when there are trillions of dollars in capital out there, supply side policies would just add to the capital that is sitting on the sidelines.

    The stimulus was a positive economic policy, and pretty much the last policy Obama could get through as he did NOT have a filibuster proof Senate but for a few months broken over three periods in 2009.

    Obama is a Democrat, the Senate has a Democratic majority. So who's policies should move forward with, the GOP policies of the House?

    It is the GOP that is making the petulant stand of my way or the highway.
    The excess of capital in the market today is because of the printing of money and this house of cards is about to crumble.

    Wall Street is doing very well whereas Main Street is suffering. You cannot have a labor force of 155 million with 143 million working and call that success. Nor can you have 51% of the income earning families paying for a 3.6 trillion dollar Federal Govt and expect the economy to grow, create jobs, and provide for economic security.

    Supply side is the only economic policy that is viable and makes sense in a consumer driven economy. There are four components to GDP with the largest being consumer spending. Consumers need cash and get that cash when jobs are created. Things like Obamacare, massive regulations, and penalizing wealth creators isn't a prescription for economic growth.

    The GOP is fighting for individual freedom, individual wealth creation, personal responsibility all principles upon which this country was built and which are proven to be successful. When you look at the budget you see an entitlement mentality with entitlements making up the lion's share of the budget. That is a prescription for failure as fewer workers are paying for more entitlement spending and a transfer of wealth from the individual to the govt. through higher taxes.

    By all standards the stimulus was a complete and utter failure as the results show

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