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

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

The entire jobs market has radically changed since the development of cloud computing

It's "cloud's computing's fault now"
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

By all means, please continue with your regularly scheduled propaganda

Like clockwork here you are, after yet another dismal economic report to shill for Obama and blame George W Bush

It's comical and embarrassing :lol:

Where were you for lasts month's strong jobs report (of which i predicted over 225K+)?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

C'mon Kush. I had faith in you that your knowledge on economics and monetary systems would be enough to force you into category of a objective non-partisan analyst. With all of your specific targeted advice, rebut's and criticisms, it just seems "lazy" for you to blame the current economic crisis on "the recession".

???

I blame the recession on the financial crisis of 2007-2009.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

???

I blame the recession on the financial crisis of 2007-2009.

Great, now propose specific solutions because what has been happening since hasn't worked out too well...
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

I have already provided specific suggestions. You, not so much...

You have provided content-empty oneliners that offer nothing to help alleviate a slow labor market recovery. Stating "energy independence" as a solution is misses the forest for the trees! Our employment woes do not stem from importing half of our fossil fuels.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Not at all. This jobs report was sub-par. But to blame it on the president is, well, ridiculous.

Ridiculous is negating the effects of a President who focused on a disastrous health care law when he should have been focusing on the effects of the sub-prime collapse. Ridiculous is to assume a President could weigh down the private sector and then expect private sector growth. OR to think massive amounts of borrowed or printed currency would turn the economy around when he was basically dictating health care expenses for private entities AND individuals.

Its as if you think this economies downward trend is just a fluke with no CREDIBLE explanation and since there is NO WAY your going to criticize the current President, you just chalk it up to a generality. " The Recession "

I thought the point of a recession from a Presidents point of view was to climb out of it.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

You have provided content-empty oneliners that offer nothing to help alleviate a slow labor market recovery. Stating "energy independence" as a solution is misses the forest for the trees! Our employment woes do not stem from importing half of our fossil fuels.

You and I are in agreement Kush...
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Great, now propose specific solutions because what has been happening since hasn't worked out too well...

Targeted fiscal stimulus for infrastructure. Something in the neighborhood of $500 billion in (annually) added expenditures from the federal government.

Do you comprehend how deficits add to output by definition?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

You and I are in agreement Kush...

Oh my, i need to take a shower ;)
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

You have provided content-empty oneliners that offer nothing to help alleviate a slow labor market recovery. Stating "energy independence" as a solution is misses the forest for the trees! Our employment woes do not stem from importing half of our fossil fuels.

Actually, it is a major contributing factor as it is a large reason for our current account deficit, or do you not believe that dollars flowing out of the country is a problem?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

It's not all bad. There's some good news to be gleaned from the report:


Oh, did I say good news? Whoops, my bad.


Not to worry, I'm sure that someplace, somewhere, there's a tidbit of positive data to assure us that good times are just around the corner. They've been saying it for three years. They'll have to be right eventually, right?

Right?

And I'm sure you are digging extremely hard to find good and positive news ever since around February 20th of 2009. :lol:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Ridiculous is negating the effects of a President who focused on a disastrous health care law when he should have been focusing on the effects of the sub-prime collapse. Ridiculous is to assume a President could weigh down the private sector and then expect private sector growth. OR to think massive amounts of borrowed or printed currency would turn the economy around when he was basically dictating health care expenses for private entities AND individuals.

Its as if you think this economies downward trend is just a fluke with no CREDIBLE explanation and since there is NO WAY your going to criticize the current President, you just chalk it up to a generality. " The Recession "

I thought the point of a recession from a Presidents point of view was to climb out of it.

Had you been around here in early 2009, you would have witnessed my criticism of the ARRA. Had you been here in 2011, you would have witnessed my criticism of the ACA for not including a public option, and heavy deregulation of the insurance industry (as a means of creating public/private competition ala UPS and the Post Office).

Because i support deficit spending with high unemployment and expansionary/nonconventional monetary policy does not equate to me having a man-crush on Obama.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

???

I blame the recession on the financial crisis of 2007-2009.

Oh. I was under the impression you were attributing our current woes to the 2007-2009 Recession. It's interesting to note for those who DO attribute current stagnation to the 2008 sub-prime collapse that Obama is currently pushing for Ginnie Mae to take up the reigns of Fannie -Mae, ( Circa 1999- 2007 )

And he's calling for lower lending standards and a 3.5% capital requirement for loans purchased by Ginne-Mae. It's also interesting to note that Ginnie -Mae is the only GSE who actually is backed 100 % by the US government.

The assumption that through 2002-2009 that Fannie and Freddie were was incorrect, but I remember certain Politicians saying the US Govt would bail them out.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Targeted fiscal stimulus for infrastructure. Something in the neighborhood of $500 billion in (annually) added expenditures from the federal government.

Do you comprehend how deficits add to output by definition?

It depends on what the basis of a deficit might be. Spending on non productive activities adds little to nothing to GDP...
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Actually, it is a major contributing factor as it is a large reason for our current account deficit, or do you not believe that dollars flowing out of the country is a problem?

This is exactly what i am talking about. Your lack of knowledge in regards to political economy leads you to make all sorts of bull**** comments. A current account deficits does not equate to dollars flowing out of the country. On the contrary, it means foreign owned U.S. assets are increasing.

We have already had this discussion. It didn't go well for you.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

This is exactly what i am talking about. Your lack of knowledge in regards to political economy leads you to make all sorts of bull**** comments. A current account deficits does not equate to dollars flowing out of the country. On the contrary, it means foreign owned U.S. assets are increasing.

We have already had this discussion. It didn't go well for you.

No, it means that we send dollars to other countries rather than deploying the resources domestically....
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

You have provided content-empty oneliners that offer nothing to help alleviate a slow labor market recovery. Stating "energy independence" as a solution is misses the forest for the trees! Our employment woes do not stem from importing half of our fossil fuels.

people are being replaced with machines whenever and wherever they can be. perhaps people should stop training to work for GM and big manufacturing and start training to be self-employed entrepreneurs.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

people are being replaced with machines whenever and wherever they can be. perhaps people should stop training to work for GM and big manufacturing and start training to be self-employed entrepreneurs.

Self-employment may be a bit of a stretch, but there are jobs that can be created without a lot of "investment" by the government that can generate revenue for the government...
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

It depends on what the basis of a deficit might be. Spending on non productive activities adds little to nothing to GDP...

Reading comprehension issue? Spending on infrastructure is actually a productive endeavor as it provides a "double whammy"; increase employment in the short term, while providing productivity enhancement for the future via upgraded infrastructure.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

No, it means that we send dollars to other countries rather than deploying the resources domestically....

Good evening, AP. :2wave:

A lot of people are beginning to question why our infrastructure is being ignored when we apparently have money to send to other countries to repair theirs. Wouldn't our tax dollars be better spent at home? Good question, IMO! :thumbs:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

people are being replaced with machines whenever and wherever they can be. perhaps people should stop training to work for GM and big manufacturing and start training to be self-employed entrepreneurs.

Who creates machines? Who creates the software that allows machines to operate so efficiently?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Good evening, AP. :2wave:

A lot of people are beginning to question why our infrastructure is being ignored when we apparently have money to send to other countries to repair theirs. Wouldn't our tax dollars be better spent at home? Good question, IMO! :thumbs:

He is referring to the trade deficit.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

No, it means that we send dollars to other countries rather than deploying the resources domestically....

The dollars never leave. Ever!
 
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