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%

Bonzai said:

You're entitled to live your life by the values and in the manner you see fit: You aren't entitled to mandate that everyone else find it attractive.............................

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And you can try to re-write history only to realize that you cannot change it. Not sure what drives people to be progressives because there is nothing progressive about their ideology and economic policies. Just another word that liberals think makes them look like they care.

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

Conservative said:

And you can try to re-write history only to realize that you cannot change it. Not sure what drives people to be progressives because there is nothing progressive about their ideology and economic policies. Just another word that liberals think makes them look like they care.

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Um. You're just selling something that I'm not buying....................................

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

donsutherland1 said:

Aggregate demand has been growing but not rapidly. Productivity has been growing faster. When firms' expenses rise more slowly than their sales increase or, as is the case in some industries, expenses fall while sales rise, profit margins increase. Profits = Sales - Expenses. One can increase profits even while reducing sales, if one cuts expenses by more than sales are falling.

I made no claims of any kind with respect to the nation's regulatory burden, the Affordable Care Act, etc. Fiscal stimulus provides a short-term boost to aggregate demand. The headwinds damping growth in aggregate demand are not solely matters of public policy. For example, deleveraging following the housing bust played an important role. The economic difficulties in Europe have reduced export growth. Structural factors e.g., related to industry evolution/shifting competitivness, etc., are also involved.

Once demand increases to a point where firms can't keep up with their current factories and manpower, then they'll expand. Right now, in many industries, there remains considerable slack. The capacity utilization data (Industrial Production and Capacity Utilization) shows considerable slack.

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Thanks for the informative response. It helps paint a clearer picture in head of the whole system at work.

Do you have any thoughts on Dodd-Frank and ACA?

I think the regulatory burden is placing a larger strain on companies than people give credit. Particularly small businesses who lack the resources for compliance.

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

Bonzai said:

Um. You're just selling something that I'm not buying....................................

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Didn't expect you to buy the actual data and facts because it flies in the face of how you feel

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

Conservative said:

Didn't expect you to buy the actual data and facts because it flies in the face of how you feel

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These "facts" and "data" you speak of... where did you post them again?

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

poweRob said:

These "facts" and "data" you speak of... where did you post them again?

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I have an idea about that:lol:

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

Conservative said:

Didn't expect you to buy the actual data and facts because it flies in the face of how you feel

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LOL................Well, there are plenty of people just as well off as anyone in Dallas...............What makes you "feel" I would find Dallas to be "highend" escapes me...............

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

poweRob said:

These "facts" and "data" you speak of... where did you post them again?

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Many times in my 38500 plus posts and not going to do it again. The site is there for you, bea.gov and that will show you the income tax revenue by year. Giving you the data serves no purpose because you learn nothing, going to the site and looking it up will make you a lot smarter

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

Bonzai said:

LOL................Well, there are plenty of people just as well off as anyone in Dallas...............What makes you "feel" I would find Dallas to be "highend" escapes me...............

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I doubt you will find any place in the country that would suit you because apparently initiative, drive, and self reliance aren't strong suits of yours.

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

LOL..... Let's take a look at what just happened...

poweRob said:

These "facts" and "data" you speak of... where did you post them again?

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Conservative said:

Many times in my 38500 plus posts and not going to do it again. The site is there for you, bea.gov and that will show you the income tax revenue by year. Giving you the data serves no purpose because you learn nothing, going to the site and looking it up will make you a lot smarter

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My post #363 of this thread... several pages ago:

poweRob said:

Yeah... I laid out my proof on post #339 and you ignored it with a bullcrap rant. If you want to disprove it with a link showing otherwise... be my guest. And please, don't go back to your usual self by linking to a gov website homepage then running away.

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Your record.... it's broken.

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

Conservative said:

I doubt you will find any place in the country that would suit you because apparently initiative, drive, and self reliance aren't strong suits of yours.

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Let me guess: You've read at least one of Ayn Rand's works ?...........................

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

Bonzai said:

LOL................Well, there are plenty of people just as well off as anyone in Dallas...............What makes you "feel" I would find Dallas to be "highend" escapes me...............

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I can tell ya about Dallas and Texas too being 5th generation and all.

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

winston53660 said:

I can tell ya about Dallas and Texas too being 5th generation and all.

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Sounds like a family tree with no limbs... j/k

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

winston53660 said:

I can tell ya about Dallas and Texas too being 5th generation and all.

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LOL.................OK, but hold that thought because it won't necessarily feed into my meme..........................

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

poweRob said:

Sounds like a family tree with no limbs... j/k

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JR was at my cousins wedding, no kiddin'

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

winston53660 said:

JR was at my cousins wedding, no kiddin'

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I really wanted to meet him. He was a big fan of solar.

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

StringBean said:

Thanks for the informative response. It helps paint a clearer picture in head of the whole system at work.

Do you have any thoughts on Dodd-Frank and ACA?

I think the regulatory burden is placing a larger strain on companies than people give credit. Particularly small businesses who lack the resources for compliance.

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Regulations have an impact for sure. The magnitude really depends on how the regulations are drafted and much work remains to be done regarding the implementation of both Dodd-Frank (which ironically does not really end the "too big to fail" situation) and the Affordable Care Act. In both cases, there is a lot of uncertainty.

The Affordable Care Act is projected to reduce the number of uninsured persons, by about half (to around 30 million persons). There will likely be some dislocations in the private insurance market. Those dislocations could have cost/service implications. There remains considerable uncertainty regarding the impact on overall health cost trends, particularly if the supply of providers does not keep up with demand for health services if the increased coverage leads to increased utilization. CBO's latest assessment contains a particularly worrisome hint.

http://www.cbo.gov/sites/default/files/cbofiles/attachments/43900_ACAInsuranceCoverageEffects.pdf

During the first four years after 2014 when its major provisions take force, the subsidy per enrollee is forecast to grow at an annual rate of 3.5%. During the final four years of the 10-year forecasting horizon, the average subsidy is forecast to increase at an annual rate of 5.9% (a 68% acceleration in the rate of increase). Very likely, this subsidy reflects, at least in part, overall health cost trends which will be driven by numerous factors. The subsidy estimates do not provide any indication of the quality of coverage that will be available for purchase. That will depend on factors such as policy terms, number of providers, quality of providers, etc.

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

poweRob said:

LOL..... Let's take a look at what just happened...





My post #363 of this thread... several pages ago:



Your record.... it's broken.

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Your post means absolutely nothing other than it acknowledges that income tax revenue doubled and you cannot explain how that happened with a 10-10-5% tax cut over three years. You see liberals are incapable of understanding how to create jobs and would rather have 1 person paying 1000 in taxes vs. two people paying 500 each. That just doesn't compute for people like you

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

a351 said:

Upwards actually, to 148k. February's figures were revised upwards as well to 268k.

The .4 figure is the final revision for Q1, which was initially reported as a tenth percent decline. The previous quarter you're referencing was in fact a 3.1 percent gain.

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Revised down, Revised back up. Revised down. Like clowns juggling at the circus.



Down to 119K. Back up to 148K.

-.1 % up to .1% up to .4%

More than 650K dropped out of the Labor Market in March. Let's add up the job gains over the last 3 months. At least right now until the next "revision". When Obama took office 80 million capable Americans were not in the Labor Market. That number now sits at 90 million.

504K jobs over the last 3 months compared to 663K people who completely left the Labor Market in March. That's a deficit of 159K

15% of the entire population is on Food Stamps

Some 15% of U.S. Receives Food Stamps - Real Time Economics - WSJ

Let's break out the champagne bottles. We're in a roaring economy.

Let me know when we reach 5% unemployment like Obama promised we'd be at right now if we passed his Stimulus

Carry on with your propaganda

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

Conservative said:

Your post means absolutely nothing other than it acknowledges that income tax revenue doubled and you cannot explain how that happened with a 10-10-5% tax cut over three years. You see liberals are incapable of understanding how to create jobs and would rather have 1 person paying 1000 in taxes vs. two people paying 500 each. That just doesn't compute for people like you

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In general, tax revenue = tax base * tax rates

Hence, tax revenue can increase when rates are cut if the tax base expands more than tax rates are cut. Hypothetical example for illustrative purposes:

A society has a tax base (income) of $1,000 and an effective tax rate of 25%. Tax revenue amounts to $250.

The tax rate is cut to 22.5%. Five years later, the tax base has increased to $1,250. Tax revenue now amounts to $281.25.

Under this illustration, the tax rate was cut 10%. Tax revenue had increased 12.5%.

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

Bronson said:

When Obama took office 80 million capable Americans were not in the Labor Market. That number now sits at 90 million.

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Why Labor Force Participation Rate Falls - Business Insider
Anyways, don't let reality get in the way of your narrative.

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

:lamo

donsutherland1 said:

In general, tax revenue = tax base * tax rates

Hence, tax revenue can increase when rates are cut if the tax base expands more than tax rates are cut. Hypothetical example for illustrative purposes:

A society has a tax base (income) of $1,000 and an effective tax rate of 25%. Tax revenue amounts to $250.

The tax rate is cut to 22.5%. Five years later, the tax base has increased to $1,250. Tax revenue now amounts to $281.25.

Under this illustration, the tax rate was cut 10%. Tax revenue had increased 12.5%.

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In five years the population would have increased.

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

Fruityfact said:

Why Labor Force Participation Rate Falls - Business Insider
Anyways, don't let reality get in the way of your narrative.

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Did you read your own article? It's one guy's spin.

UBS's Drew Matus argues that this dropping participation rate is largely due to shifting American population dynamics. Specifically, we're running out of workers.

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Youth unemployment is at 16%

Black youth unemployment is near 50%

We're not running out of workers

Anyways, don't let reality get in the way of your narrative.

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

Boo Radley said:

And it will likely lead to a structural problem. The sequester hurts. Effects employment. So, this is not unexpected

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the participation rate drop has nothing to do with the sequester.

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

pbrauer said:

:lamo
In five years the population would have increased.

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Right, the population has increased since Obama took office and yet we have fewer people employed today than when the recession began and a declining labor market. Those are the facts. Do liberals ever admit failure?