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

Fenton · Apr 15, 2013

Sheik Yerbuti said:
The part you'll never face up to,
because it's too painful, is that your complaints really mirror your own actions. As NextEra is pointing out, in November of 2004, Bush was Obama, only worse since he didn't inherit the worst economy since the Great Depression. Where Obama has a legitimate excuse, Bush had none.

And by election day in 2004, Bush had turned an $18b deficit into a $600b deficit. You didn't care.

By election day in 2004, Bush lost 2.2 million jobs to unemployment. You didn't care.

By election day in 2004, Bush had driven up the misery index by 18.2%. You didn't care.

By election day in 2004, Bush had driven up poverty by 12.4%. You didn't care.

By election day in 2004, Bush lost the Twin Towers. You didn't care.

By election day in 2004, Bush had deployed troops into a country that had not attacked us. You didn't care.

Do you really think anybody cares what you think now when the ONLY reason you care is because Obama is a Democrat?

No Obama doesn't have a legitimate 'excuse'.

Its the argument of a child to claim any part of the current shrinking economy to Bush's Administration.

How old are you and are you actually going to make the arbitrary claim that because it happened under his watch that Bush was to blame for 9/11 ?

Let me ditect you to a corrupt Clinton apointee Jamie Gorelick and the GoreLick Wall if your'e actually interested in finding the truth...which of course your not.

Bush had Congressional approval to go to war BTW.

Sheik Yerbuti · Apr 15, 2013

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

Conservative said:
Same question to others, what is conservative about today's Democratic Party? Name for me a Conservative economic proposal?

You have a very selective memory about the Bush term and so much invested in misinformation and total ignorance of basic civics and economics that it isn't worth it to post over and over again data that refutes your comparison or data that shows Bush to be better than Obama. You can continue to divert to Bush but I will continue to point out the Obama results, results you cannot defend.

By election day:

Bush had turned an $18b deficit into a $600b deficit.
Obama had turned an $1438b deficit into a $1276b deficit.

Bush lost 2.2 million jobs to unemployment.
Obama lost 248 thousand jobs to unemployment.

Bush had driven up the misery index by 18.2%.
Obama had driven up the misery index by 4.2%.

Bush had driven up poverty by 12.4%.
Obama had driven up poverty by 14.4%.

Bush lost the Twin Towers.
Obama killed the ****er who financed it.

Bush had deployed troops into a country that had not attacked us.
Obama brought them home.

G'head, keep deluding yourself that Bush did a better job than Obama. :roll:

Sheik Yerbuti · Apr 15, 2013

Fenton said:
No Obama doesn't have a legitimate 'excuse'.

Its the argument of a child to claim any part of the current shrinking economy to Bush's Administration.

How old are you and are you actually going to make the arbitrary claim that because it happened under his watch that Bush was to blame for 9/11 ?

Let me ditect you to a corrupt Clinton apointee Jamie Gorelick and the GoreLick Wall if your'e actually interested in finding the truth...which of course your not.

Bush had Congressional approval to go to war BTW.

The ludicrous part is where you believe the current economy is shrinking. :roll:

Dayam, you righties will tell any lie just because you can't make a point without doing so. :naughty

As far as blaming Bush for 9.11, I blame the terrorists for attacking us. I blame Bush for not lifting a finger to stop them.

Gorelick had nothing to do with it. The fact is, Bush did nothing to prevent it. He had warnings. He ignored them. Had he just raised airport security in response to the Aug. 6th PDB he might have thwarted the attack. But regrettably, he chose to ingore all of the warnings. Clinton received a similar PDB while he was president. Had airport security raised at some airports in the NE, and thwarted the attack. Otherwise, 9.11 would have happened on his watch.

TheNextEra · Apr 15, 2013

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

Conservative said:
I keep hearing that I will only vote for someone with a "R" after their name totally ignoring that I am a Conservative not a Republican. Tell me what is conservative in today's Democratic Party?

LOL you keep hearing that because it is true. No true conservative would have voted for Romney. Sorry, but you are a Republican, not a conservative.

TheNextEra · Apr 15, 2013

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

Conservative said:
Again, that is your opinion, ever hear of the "Contract with America" are you telling me that was Clinton's? What you fail to recognize is it was the Republican Congress that Clinton compromised with to implement economic policies. There is no compromise with Obama. Again, you want to divert to Bush and that doesn't justify the Obama results.

LOL if you are going to pin the "Buck stops here" attitude with Obama, you have to do the same with both the good and bad for the other presidents. You can't have it both ways Con.

Conservative said:
Bush spent too much, but a trillion dollars of the debt was due to 9/11. The fact that Bush spent too much doesn't give Obama a pass to put Bush spending on steroids. No Obama budget ever came close to the final Bush budget and the current 3.77 trillion dollar proposal is ignored.

Bush still spent more than Clinton and you voted for Bush twice. Sorry, but again you have ZERO credibility on that one. Try again Con.

Bronson · Apr 15, 2013

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

Sheik Yerbuti said:
Dayam, talk about a fail. Nothing you posted proves that Democrats blocked either bill in the Senate. :doh

All you've shown is that Democrats were against it. Umm, that not new information. Still, Democrats didn't block either bill. They didn't have to -- Senate Leadership didn't want them passed either.

Democrats blocked GSE reform

They had the votes needed to threaten a filibuster. There was no possible way that the bill was ever going to get an up or down vote on the floor because of Democrat opposition. Democrats had the votes necessary to keep the bill permanently in limbo. It was in their financial best interest to do so, given that the GSEs were greaasing their pockets with huge political donations.

Democrats are primarily responsible for the Financial Crisis. Not my problem your partisanship has blinded you to the truth. :2wave:

DA60 · Apr 15, 2013

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

Sheik Yerbuti said:
It's my opinion. Since there are no data which tracks why baby boomers retire, all any of us can offer up on the matter is opinion.

And to me, it makes sense that when the stock market bottomed out and baby boomers reaching retirement age lost huge chunks of their 401Ks and other market related investments, and the country was hemorrhaging jobs, few boomers would have been seeking retirement. Many of those who did, probably were forced to; but fast forward a few years, the stock market has more than recovered, their 401Ks are at new highs. Other market investments are at or near new highs. The private sector is hiring again -- to me it seems like an optimal time for retirement for those who've been putting it off until things got better.

Equities going up is primarily because the Fed is indirectly pumping trillions into it...and since most Americans own little/no stock, this is a rich person's rally.

Unemployment is (even if you used the Fed stating 1/2 the participation rate increase is due to the crummy economy) over 9% if you used the participation rate from when Obama took over.

And food stamp usage is up over 40% since Obama took over.

Massive debt increase, higher unemployment, far more Americans on food stamps.

That is your idea of success?

Got it.

Have a nice day.

DA60 · Apr 15, 2013

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

Sheik Yerbuti said:
One thing that intrigues me is this new found love righties have for the notion that the unemployment rate should be based upon the LFPR when Obama started.

You know, and I'm not generalizing here -- I never once heard that from anyone, on the left or especially the right, mention that when Bush was president. And that certainly could have been raised since the LFPR dropped 2.3% and using the same logic, could have said the unemployment rate was actually 10% when Obama became president.

It just seems to me that the right is hunting for negativity; especially as conditions improve.

One - I am not a 'rightie' or a 'leftie'.

Two - I thought GWB was even a worse POTUS then Obama.

And three - I am not hunting for 'negativity' - I am hunting for reality.

I am an investor - that's what I do.

And the reality is that not counting people who gave up looking for work because they cannot find a job as unemployed is misleading. They are unemployed and should be counted as such.

This government skewing of unemployment and inflation numbers is (IMO) designed to allow it to spend more money and to look better doing it then they are.

I am simply pointing out facts.

Fenton · Apr 15, 2013

Sheik Yerbuti said:
The ludicrous part is where you
believe the current economy is shrinking. :roll:

Dayam, you righties will tell any lie just because you can't make a point without doing so. :naughty

As far as blaming Bush for 9.11, I blame the terrorists for attacking us. I blame Bush for not lifting a finger to stop them.

Gorelick had nothing to do with it. The fact is, Bush did nothing to prevent it. He had warnings. He ignored them. Had he just raised airport security in response to the Aug. 6th PDB he might have thwarted the attack. But regrettably, he chose to ingore all of the warnings. Clinton received a similar PDB while he was president. Had airport security raised at some airports in the NE, and thwarted the attack. Otherwise, 9.11 would have happened on his watch.

I cant expect you to understand legitimate economic data. You are a liberal so the fact that you attribute borrrowed and printed currency spent on a growing dependent class to ' GROWTH' is no surprise to me.

You and your ilk have no problem exposing your ignorance daily.

I see you refuse to do any research on the "Gorelick Wall".

The US Intelligence operation known as AbleDanger named 4 of the 9/11 hijackers.

Clinton strengthened FISA and Jamie Gorelick went about the bussiness of installing walls between inteligence agencies that crippled the intelligence gathering and allowed the hi jackers to go unchecked.

DA60 · Apr 15, 2013

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

Sheik Yerbuti said:
Well, no, it doesn't. Because the other half includes those who chose school over work and those who chose (or sometime had no choice) disability over work.

It still leaves you with no evidence and nothing but guesstimates. Same as everyone else discussing this.

I have the Fed itself stating that 1/2 of the drop in the participation rate is due to the crappy economy.

All I see from you are your words and assumptions.

Now whose word should I take on this? The Fed's or some guy on the Internet?

Hmmm......

Have a nice day.

Sheik Yerbuti · Apr 15, 2013

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

Bronson said:
Democrats blocked GSE reform

They had the votes needed to threaten a filibuster. There was no possible way that the bill was ever going to get an up or down vote on the floor because of Democrat opposition. Democrats had the votes necessary to keep the bill permanently in limbo. It was in their financial best interest to do so, given that the GSEs were greaasing their pockets with huge political donations.

Democrats are primarily responsible for the Financial Crisis. Not my problem your partisanship has blinded you to the truth. :2wave:

So what, they had the votes to filibuster?? Most Senates we've had, had a minority party with enough votes to sustain a filibuster. Still, they didn't filibuster and they didn't block the bills.

That doesn't prevent the majority party from submitting a bill for a full Senate vote. In the House, Ryan knew his budget wouldn't pass in the Senate. Did that prevent him from passing it anyway to put the Senate on record as being against it? No, of course not. Republican leadership never put either of those bills on the legislative calendar. They're to blame for that. You can't reasonably blame Democrats because Republicans were afraid of them.

DA60 · Apr 15, 2013

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

Kushinator said:
Perhaps you can quote Van Zandweghe directly?

The U-3 is 9% if you employ U-5 methodology.

The U-3 is what most people/media use as the guidepost.

So, if you include those workers which the Fed says (in essence) are technically unemployed - then the unemployment rate should be well over 9%.

Spin and spin and spin...all you do is show your (apparent) closed minded bias.

Me - I have no bias...I think both parties are worse then useless.

Have a nice day.

Fenton · Apr 15, 2013

Sheik Yerbuti said:
So what, they had the votes to
filibuster?? Most Senates we've had, had a minority party with enough votes to sustain a filibuster. Still, they didn't filibuster and they didn't block the bills.

That doesn't prevent the majority party from submitting a bill for a full Senate vote. In the House, Ryan knew his budget wouldn't pass in the Senate. Did that prevent him from passing it anyway to put the Senate on record as being against it? No, of course not. Republican leadership never put either of those bills on the legislative calendar. They're to blame for that. You can't reasonably blame Democrats because Republicans were afraid of them.

Hey that bill was resubmitted in 2007.

What happened to it ?

Conservative · Apr 15, 2013

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

TheNextEra said:
LOL you keep hearing that because it is true. No true conservative would have voted for Romney. Sorry, but you are a Republican, not a conservative.

In life you never get the perfect choice so you choose the better alternative and Romney wouldn't penalize wealth creation, expand the entitlement state, but would promote the private sector, that is better than the Obama economic policies.

Sheik Yerbuti · Apr 15, 2013

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

DA60 said:
Equities going up is primarily because the Fed is indirectly pumping trillions into it...and since most Americans own little/no stock, this is a rich person's rally.

Unemployment is (even if you used the Fed stating 1/2 the participation rate increase is due to the crummy economy) over 9% if you used the participation rate from when Obama took over.

And food stamp usage is up over 40% since Obama took over.

Massive debt increase, higher unemployment, far more Americans on food stamps.

That is your idea of success?

Got it.

Have a nice day.

Despite the wealthy being heavily invested in the market, almost half of those eligable for 401K, participate.

Again, applying your criteria to make the unemployment rate to when Obama became president, the unemployment rate would have been around 10%. So it's still down from where he started. Same as every other metric used to calculate unemployment.

Every President since Reagan as accumulated massive debt. Nice that you finally noticed.

Unemployment is not higher than when Obama started, it's lower.

And what do food stamps have to do with people retiring?

Conservative · Apr 15, 2013

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

Sheik Yerbuti said:
By election day:

Bush had turned an $18b deficit into a $600b deficit.
Obama had turned an $1438b deficit into a $1276b deficit.

Bush lost 2.2 million jobs to unemployment.
Obama lost 248 thousand jobs to unemployment.

Bush had driven up the misery index by 18.2%.
Obama had driven up the misery index by 4.2%.

Bush had driven up poverty by 12.4%.
Obama had driven up poverty by 14.4%.

Bush lost the Twin Towers.
Obama killed the ****er who financed it.

Bush had deployed troops into a country that had not attacked us.
Obama brought them home.

G'head, keep deluding yourself that Bush did a better job than Obama. :roll:

The choice never was Bush vs Obama and your use of percentage change is misguided at best. People don't live on percentage change they live on actual revenue. I guess only in the liberal world is 11 million unemployed a good thing because the percentage change is a lower. I guess a misery index of over 10 is better than one over 9 because it is a lower percentage change but never mind that 500,000 people dropped out of the labor force and weren't counted as unemployed. Yes, your percentage change usage makes you look foolish and shows your true liberal compassion.

Conservative · Apr 15, 2013

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

TheNextEra said:
LOL if you are going to pin the "Buck stops here" attitude with Obama, you have to do the same with both the good and bad for the other presidents. You can't have it both ways Con.

Bush still spent more than Clinton and you voted for Bush twice. Sorry, but again you have ZERO credibility on that one. Try again Con.

No try necessary, no conservative would ever vote for Obama over McCain or Romney and I didn't. My credibility with you is irrelevant, couldn't care less.

Sheik Yerbuti · Apr 15, 2013

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

DA60 said:
One - I am not a 'rightie' or a 'leftie'.

Two - I thought GWB was even a worse POTUS then Obama.

And three - I am not hunting for 'negativity' - I am hunting for reality.

I am an investor - that's what I do.

And the reality is that not counting people who gave up looking for work because they cannot find a job as unemployed is misleading. They are unemployed and should be counted as such.

This government skewing of unemployment and inflation numbers is (IMO) designed to allow it to spend more money and to look better doing it then they are.

I am simply pointing out facts.

No, you're not pointing out "facts." You're guesstimating. You are guessing that ½ of those who left the work force, were forced out. There is nothing factual about guessing.

TheNextEra · Apr 15, 2013

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

Conservative said:
In life you never get the perfect choice so you choose the better alternative and Romney wouldn't penalize wealth creation, expand the entitlement state, but would promote the private sector, that is better than the Obama economic policies.

Nice excuse, still means you are either naive in your thinking or just lying in regards to your conservative "principles". If everyone voted by their principles we wouldn't have the mess we have now, we wouldn't have the GOP or Dems. You blame others when you voted for the man twice that spent like a drunken sailor and then criticize others for doing the same thing you did. Pathetic on your part.

Conservative · Apr 15, 2013

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

Sheik Yerbuti said:
No, you're not pointing out "facts." You're guesstimating. You are guessing that ½ of those who left the work force, were forced out. There is nothing factual about guessing.

Still waiting for the conservative economic policy Obama has proposed that would cause a conservative to vote for him?

Sheik Yerbuti · Apr 15, 2013

Fenton said:
I cant expect you to understand legitimate economic data. You are a liberal so the fact that you attribute borrrowed and printed currency spent on a growing dependent class to ' GROWTH' is no surprise to me.

You and your ilk have no problem exposing your ignorance daily.

I see you refuse to do any research on the "Gorelick Wall".

The US Intelligence operation known as AbleDanger named 4 of the 9/11 hijackers.

Clinton strengthened FISA and Jamie Gorelick went about the bussiness of installing walls between inteligence agencies that crippled the intelligence gathering and allowed the hi jackers to go unchecked.

You're still wrong. I know about the Gorelick wall. It's the rightwing talking point that refuses to die. The fact of the matter is, Bush was still warned despite the Gorelick wall. Bush still ignored members from Clintons's administration who were trying to warn him. Bush still did absolutely nothing to prevent the attack.

TheNextEra · Apr 15, 2013

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

Conservative said:
No try necessary, no conservative would ever vote for Obama over McCain or Romney and I didn't. My credibility with you is irrelevant, couldn't care less.

Excuses excuses excuses. You did the same thing you are now blaming others doing. Hypocritical at best. You have ZERO credibility and people can see that. BTW, I thought you said Romney was going to be president? Oh yeah, wrong again.

Conservative · Apr 15, 2013

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

TheNextEra said:
Nice excuse, still means you are either naive in your thinking or just lying in regards to your conservative "principles". If everyone voted by their principles we wouldn't have the mess we have now, we wouldn't have the GOP or Dems. You blame others when you voted for the man twice that spent like a drunken sailor and then criticize others for doing the same thing you did. Pathetic on your part.

I am for kicking them all out of office and starting over, the problem is that isn't going to happen so you vote for the closest to your ideology at the national level and vote to change the system from the ground up. It serves no purpose to vote for someone who has no change of winning or getting anything done at the national level until you change those in Congress that will not implement sound economic policies.

winston53660 · Apr 15, 2013

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

Conservative said:
No try necessary, no conservative would ever vote for Obama over McCain or Romney and I didn't. My credibility with you is irrelevant, couldn't care less.

Your party loyalty is duly noted,

TheNextEra · Apr 15, 2013

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

Conservative said:
Still waiting for the conservative economic policy Obama has proposed that would cause a conservative to vote for him?

Well conservatives LOVED the drone strikes that Bush had done and Obama continued.