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

  1. #851
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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
    By the way, Reagan took office, the GDP was 2.8 trillion and left it was 5.1 trillion

    Bush took office the GDP was 9.9 trillion and left it at 14.3 trillion

    Obama takes office with a 14.3 trillion GDP and the end of 4 years it was 15.7 trillion

    Which economy helped the American people the most?
    What a pity you still haven't learned to use real numbers when comparing dollars over time. Oh well, let's utilize nominal figures like you choose to use....

    First of all, your numbers don't even match what's found on bea.gov. here are the actual
    figures....

    Q4-1980: 2.9t
    Q4-1988: 5.3t
    Reagan: 2.4t (300b per year avg)

    Q4-2000: 10.1t
    Q4-2008: 14.1t
    Bush: 4.0t (500b per year avg)

    Q4-2008: 14.1t
    Q4-2012: 15.9
    Obama: 1.8t (450b per year avg)

    Hopefully, if nothing else, this little exercise will teach you why playing with nominal figures is completely meaningless.

    That is, unless you believe that Obama is doing a better job with the economy than Reagan did?


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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 does that have to do with your first post? The point is, among his top priorities was addressing the economy. Which as I showed, he acted on by passing a stimulus bill. Who cares if you approve of it or not?
    Spending a couple of months on an issue does not make it a priority IMV...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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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 a pity you still haven't learned to use real numbers when comparing dollars over time. Oh well, let's utilize nominal figures like you choose to use....

    First of all, your numbers don't even match what's found on bea.gov. here are the actual
    figures....

    Q4-1980: 2.9t
    Q4-1988: 5.3t
    Reagan: 2.4t (300b per year avg)

    Q4-2000: 10.1t
    Q4-2008: 14.1t
    Bush: 4.0t (500b per year avg)

    Q4-2008: 14.1t
    Q4-2012: 15.9
    Obama: 1.8t (450b per year avg)

    Hopefully, if nothing else, this little exercise will teach you why playing with nominal figures is completely meaningless.

    That is, unless you believe that Obama is doing a better job with the economy than Reagan did?

    Using your figures, Clinton added $4.8T to the debt while in office. I'm not sure where you got the numbers, but they are nowhere close to resembling anything in the real world...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  4. #854
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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
    Yet amazingly the economy grew 4.4 trillion during his term. How is Obama doing after his first term?
    Better than both Bush's ... using real GDP, of course.

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

    Quote Originally Posted by j-mac View Post
    In what possible world would you consider a job probably paying $25K per year, costing us $228K to create a success? Sounds like a huge rip off to me.

    Hell, if you wanted to stimulate the economy like that you could have cut every American a check for $23K and let them just spend it.
    I dunno? In the same world where you believe I believe each job cost us $228K?

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

    To claim that Reagan's recession was indeed more harmful to Americans at large, one would have to claim that larger dips in both total output, employment, personal wealth, disposable income, and structural devastation in the form of both financial and housing markets take a back seat to the almighty misery index. Don't be that guy.

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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
    I don't know what your smelling, but it takes more than labor to build anything, you need materials and equipment to use.
    You are just plain full of it, if you think that it costs $225K to create a $25K per year job. Period.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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

    Quote Originally Posted by AlabamaPaul View Post
    Using your figures, Clinton added $4.8T to the debt while in office. I'm not sure where you got the numbers, but they are nowhere close to resembling anything in the real world...
    You're thoroughly confused. My numbers are accurate, though rounded. Perhaps a re-read of the conversation will clear matters up for you?That aside, how on Earth did you reach that $4.8t figure? Wasn't there a Bushie in the middle?

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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
    You're thoroughly confused. My numbers are accurate, though rounded. Perhaps a re-read of the conversation will clear matters up for you?That aside, how on Earth did you reach that $4.8t figure? Wasn't there a Bushie in the middle?
    I used your figures. Feel free to link to those, if you can. BTW, they're way off...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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

    Quote Originally Posted by AlabamaPaul View Post
    Using your figures, Clinton added $4.8T to the debt while in office.
    GDP figures, not debt.

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