• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

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%

Sheik Yerbuti said:
I already answered your question. Pointing out that no recession since the Great Depression came even close to Bush's Great Recession losing 4.7% of GDP was in response to your nonsensical claim that calling Bush's Great Depression the worst economy since the Great Depression, a "lie."
Click to expand...

That is a lie, the 81-82 recession was ever bit as bad if not worse. Obviously you buy what you are told and ignore historical data. The American people were hurt much more because of the high misery index during the 81-82 recession but that reality escapes you. It is hard dealing with ideologues like you out of touch with reality. You judge the severity of a recession by GDP drop whereas I judge recession severity in the way it affects the American people. Low interest rates and low inflation reduced the severity of this recession on the average American
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

The recession of the early 80's was not nearly as bad because it didn't last long. What we have now is a permanent change. Much worse.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Bronson said:
Now you're just purposely lying and pushing propaganda

Wallison: Fannie and Freddie Amnesia - WSJ.com

One chapter in this story took place in July 2005, when the Senate Banking Committee, then controlled by the Republicans, adopted tough regulatory legislation for the GSEs on a party-line vote—all Republicans in favor, all Democrats opposed. The bill would have established a new regulator for Fannie and Freddie and given it authority to ensure that they maintained adequate capital, properly managed their interest rate risk, had adequate liquidity and reserves, and controlled their asset and investment portfolio growth.

Why was there no action in the full Senate? As most Americans know today, it takes 60 votes to cut off debate in the Senate, and the Republicans had only 55. To close debate and proceed to the enactment of the committee-passed bill, the Republicans needed five Democrats to vote with them.

But in a 45 member Democratic caucus that included Barack Obama and the current Senate Banking Chairman Christopher Dodd (D., Conn.), these votes could not be found.
Click to expand...

:2wave:
Click to expand...
Nope, not lying or pushing propaganda.

Really, is it my fault you don't know how the legislative process works?

Republicans did not need 5 votes for cloture against a filibuster on that bill through because Democrats never filibustered it. It died in the Senate because Senate leadership wouldn't put it on the legislative calendar. And it wasn't the only bill Senate Republicans killed like that. They did it to another one which passed in the House two years earlier.

The idiotic opinion piece you linked is wrong and all you had to do to know that was click on the link I gave you to that bill.

Hopefully, this will be a learning experience for you.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

fmw said:
The recession of the early 80's was not nearly as bad because it didn't last long. What we have now is a permanent change. Much worse.
Click to expand...

It didn't last long because of leadership and strong economic policies but it lasted long enough. The 07-09 recession lasted from December 2007 to June 2009 and is being prolonged because of poor leadership and economic policies. Obama is a strong believer in central govt. control, Reagan believed in the individual and private sector. The results are quite different looking at job creation and economic growth. Too many people ignore the value of good leadership and most here are too young to remember the 81-82 recession and the atmosphere then promoted by Reagan. Reagan took his pro growth policies to the American people and then the people pressured the Congress to enact it.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Nope, not lying or pushing propaganda.

Really, is it my fault you don't know how the legislative process works?

Republicans did not need 5 votes for cloture against a filibuster on that bill through because Democrats never filibustered it. It died in the Senate because Senate leadership wouldn't put it on the legislative calendar. And it wasn't the only bill Senate Republicans killed like that. They did it to another one which passed in the House two years earlier.

The idiotic opinion piece you linked is wrong and all you had to do to know that was click on the link I gave you to that bill.

Hopefully, this will be a learning experience for you.
Click to expand...


What is seen here is your biased partisan bs and total ignorance of leadership as well as economics. You post a stupid ass video as proof that the recession was Bush's fault all because you want to divert from the failures of liberalism. It should be the goal of every American President to create home ownership but Bush didn't create the sub prime loans, Bush didn't make the loans, and Bush didn't force people into buying homes they couldn't afford.

As has been pointed out you give Bush way too power and absolutely none to Obama. Bush created the recession all by himself whereas the smartest guy to ever hold the office doesn't have the power to create stronger economic growth and job creation. That just goes to show how poorly informed and educated you really are
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Your none answer speaks for you.
Click to expand...



McCain wouldn't have implemented the pro govt. economic policies of Obama and McCain could have worked with both Democrats and Republicans as would have Romney. Leadership is about taking responsibility and both McCain and Romney understand that, Obama doesn't have a clue nor do you
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
That is a lie, the 81-82 recession was ever bit as bad if not worse. Obviously you buy what you are told and ignore historical data. The American people were hurt much more because of the high misery index during the 81-82 recession but that reality escapes you. It is hard dealing with ideologues like you out of touch with reality. You judge the severity of a recession by GDP drop whereas I judge recession severity in the way it affects the American people. Low interest rates and low inflation reduced the severity of this recession on the average American
Click to expand...
The numbers prove you wrong.

Again (write this down), GDP is the leading indicator of the economy, not the misery index. Something you clearly don't know. Apparently, you don't even know that the misery index is NOT even an indicator of the economy. :roll:

No, GDP is. And while Reagan's recession was deep, losing 1.5% in GDP, it was nowhere as bad as Bush's Great Recession, which lost 4.7% GDP.

I know how desperate you are to act like Reagan's recession was soooo much worse because your goal is to minimize Bush's Great Recession, but your empty words mean nothing against the truth.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
McCain wouldn't have implemented the pro govt. economic policies of Obama and McCain could have worked with both Democrats and Republicans as would have Romney. Leadership is about taking responsibility and both McCain and Romney understand that, Obama doesn't have a clue nor do you
Click to expand...
Riiiight, so McCain would have let the economy slip into a depression. Very nice.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
As has been pointed out you give Bush way too power and absolutely none to Obama. Bush created the recession all by himself whereas the smartest guy to ever hold the office doesn't have the power to create stronger economic growth and job creation. That just goes to show how poorly informed and educated you really are
Click to expand...

That's because you keep changing the goal posts for Bush. With Bush you don't hold him accountable for anything and blame others, but with Obama you claim "The buck stops with Obama" and blame him for Everything. You can't have it both ways.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
The numbers prove you wrong.

Again (write this down), GDP is the leading indicator of the economy, not the misery index. Something you clearly don't know. Apparently, you don't even know that the misery index is NOT even an indicator of the economy. :roll:

No, GDP is. And while Reagan's recession was deep, losing 1.5% in GDP, it was nowhere as bad as Bush's Great Recession, which lost 4.7% GDP.

I know how desperate you are to act like Reagan's recession was soooo much worse because your goal is to minimize Bush's Great Recession, but your empty words mean nothing against the truth.
Click to expand...

The numbers prove this is the worst recovery on record but numbers apparently only matter when they seem to support your point of view. The American people suffered more in the 81-82 recession than they did in this one because of the misery index. Further leadership is what got us out of that recession and lack of leadership has kept us in a recession. How desparate you are to prop up a failed President and cannot even acknowledge his failures.

You love to use percentage change to make your point, I love using real numbers and the affects on the American people. Every American was affected by the recession of 81-82, not so during the 07-09 recession but since you weren't old enough to understand that you buy what you are told by the leftwing sites and ignore history. That is why you have so little credibility.

Your bullheadedness is something to behold.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

TheNextEra said:
That's because you keep changing the goal posts for Bush. With Bush you don't hold him accountable for anything and blame others, but with Obama you claim "The buck stops with Obama" and blame him for Everything. You can't have it both ways.
Click to expand...

You don't pay attention to anything that doesn't suit your point of view. I hold Bush responsible for all the results of his term including the 4.9 trillion dollar debt and TARP. I also give him credit that he deserves for the 3.5 trillion increase in GDP and for winning the war in Iraq, the peace that Obama has lost. You seem to have a selective memory but only on the negative side.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Riiiight, so McCain would have let the economy slip into a depression. Very nice.
Click to expand...

You have a serious problem in that you continue to buy the lies of the MSM as well as Obama. You have no idea whether or not we would have slipped into a depression although millions of Americans are in a depression under this President.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Nope, not lying or pushing propaganda.

Really, is it my fault you don't know how the legislative process works?

Republicans did not need 5 votes for cloture against a filibuster on that bill through because Democrats never filibustered it. It died in the Senate because Senate leadership wouldn't put it on the legislative calendar. And it wasn't the only bill Senate Republicans killed like that. They did it to another one which passed in the House two years earlier.

The idiotic opinion piece you linked is wrong and all you had to do to know that was click on the link I gave you to that bill.

Hopefully, this will be a learning experience for you.
Click to expand...

Please point to the Democrat bills that were pushed prior to the collapse that would have reigned in Fannie and Freddie.

And if you cant because they didn't exist then tell us why they didn't exist.

Also that Hagel McCain bill was re-introduced in 2007. Why didn't it get out of committee ?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Riiiight, so McCain would have let the
economy slip into a depression. Very nice.
Click to expand...

Still lying I see.

Point to one economist that forecasted a depression if we had NOT passed the stimulus.

Everything from jobs to monthly GDP had already bottomed out befpre stimulus was enacted
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
What is seen here is your biased partisan bs and total ignorance of leadership as well as economics. You post a stupid ass video as proof that the recession was Bush's fault all because you want to divert from the failures of liberalism. It should be the goal of every American President to create home ownership but Bush didn't create the sub prime loans, Bush didn't make the loans, and Bush didn't force people into buying homes they couldn't afford.

As has been pointed out you give Bush way too power and absolutely none to Obama. Bush created the recession all by himself whereas the smartest guy to ever hold the office doesn't have the power to create stronger economic growth and job creation. That just goes to show how poorly informed and educated you really are
Click to expand...
What are you rambling about now, Con? I did not post a video. I posted links to the 2 bills which Senate Republicans let die which prove that Democrats did not block them with filibusters.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
What are you rambling about now, Con? I did not post a video. I posted links to the 2 bills which Senate Republicans let die which prove that Democrats did not block them with filibusters.
Click to expand...

Keep diverting, a video was posted that you support so whether or not you posted it is irrelevant. You believe Bush had the power to create the recession but apparently Obama doesn't have the power to implement a strong economic recovery. Your entire argument ignores the failures of Obama as the economic numbers show. You seem to believe that .4% economic growth, high unemployment, 6 trillion added to the debt, tens of millions on food stamps, tens of millions dependent on taxpayer assistance shows Obama to be a good leader. Leadership skills aren't your strong suit and in fact don't exist with you
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
The numbers prove this is the worst recovery on record but numbers apparently only matter when they seem to support your point of view. The American people suffered more in the 81-82 recession than they did in this one because of the misery index. Further leadership is what got us out of that recession and lack of leadership has kept us in a recession. How desparate you are to prop up a failed President and cannot even acknowledge his failures.

You love to use percentage change to make your point, I love using real numbers and the affects on the American people. Every American was affected by the recession of 81-82, not so during the 07-09 recession but since you weren't old enough to understand that you buy what you are told by the leftwing sites and ignore history. That is why you have so little credibility.

Your bullheadedness is something to behold.
Click to expand...

Too bad you didn't take notes ... Let's try this again ... The misery index is not an indicator of the economy.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Too bad you didn't take notes ... Let's try this again ... The misery index is not an indicator of the economy.
Click to expand...

It isn't? The misery index drives the economy, too bad you are too partisan to understand how our economy even works.

Notice how you are getting such little support from the left on this thread? Only a liberal who believes in big govt. could make that statement and believe that unemployment plus inflation don't drive the economy
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
It isn't? The misery index drives thet economy, 'too bad you are too partisan to understand how our economy even works.

Notice how you are getting such little support from the left on this thread? Only a liberal who believes in big govt. could make that statement and believe that unemployment plus inflation don't drive the economy
Click to expand...

No, it isn't. Maybe someday you will learn that. Then again, it seems not.

Anyway, let's try this lesson again ... Just based on the misery index, which is the worse ... An economy with 4% unemployment and 2% inflation? Or an economy with 10% unemployment with 5% deflation? Now, for extra credit, explain why the misery index indicates the former is worse...
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
It isn't? The misery index drives the economy, too bad you are too partisan to understand how our economy even works.

Notice how you are getting such little support from the left on this thread? Only a liberal who believes in big govt. could make that statement and believe that unemployment plus inflation don't drive the economy
Click to expand...


Then why doesn't the The National Bureau of Economic Research use the misery index in there definition of a recession?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
No, it isn't. Maybe someday you will learn that. Then again, it seems not.

Anyway, let's try this lesson again ... Just based on the misery index, which is the worse ... An economy with 4% unemployment and 2% inflation? Or an economy with 10% unemployment with 5% deflation? Now, for extra credit, explain why the misery index indicates the former is worse...
Click to expand...

We are talking the 81-82 recession and recovery vs the 07-09 recession and recovery? Behind door number one we had a 20 misery index including 10.8% unemployment and behind Door number two we had a 12 misery index and 10% unemployment. Hmmmm, now which door to pick? Sorry you must not have gotten your XBos that you were hoping for or IPAD
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
No, it isn't. Maybe someday you will learn that. Then again, it seems not.

Anyway, let's try this lesson again ... Just based on the misery index, which is the worse ... An economy with 4% unemployment and 2% inflation? Or an economy with 10% unemployment with 5% deflation? Now, for extra credit, explain why the misery index indicates the former is worse...
Click to expand...

It really isn't surprising how little liberals know about the components of GDP and what part unemployment and inflation play in those components. Since GDP is the major determination of a recession don't you think you should know what drives GDP?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
Sheik Yerbuti said:
No, it isn't. Maybe someday you will learn that. Then again, it seems not.

Anyway, let's try this lesson again ... Just based on the misery index, which is the worse ... An economy with 4% unemployment and 2% inflation? Or an economy with 10% unemployment with 5% deflation? Now, for extra credit, explain why the misery index indicates the former is worse...
Click to expand...

We are talking the 81-82 recession and recovery vs the 07-09 recession and recovery? Behind door number one we had a 20 misery index including 10.8% unemployment and behind Door number two we had a 12 misery index and 10% unemployment. Hmmmm, now which door to pick? Sorry you must not have gotten your XBos that you were hoping for or IPAD
Click to expand...

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?
 
You must log in or register to reply here.
Back
Top Bottom