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Thread: U.S. unemployment falls to 7.5% in April [W: 348, 360]

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by a351 View Post
    Four year time tables Rainman. Even when you use completely facetious and chronologically inaccurate figures that claim still downright stinks. Drop it and move along.
    Obama has added over 6 trillion to the debt to generate those numbers that we have today which are 3 million less than what we had when the recession began and you and others tout that as a success?

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by pbrauer View Post
    It decreased 4 million before Bush left office.
    So spending over 3.7 trillion a year and adding 6 trillion to the debt didn't solve the problem? What did we get for our money other than debt service?

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by Conservative View Post
    Prior to 1992 the U-3 number included the under employed and discouraged workers. Clinton and the Congress under Democrat control changed the calculation and moved the under employed/discouraged workers to the U-6 category. The U-3 is the official number so you could say there is manipulation going on and the fact is there is encouragement to get people to drop out of the labor force to make the numbers look better.
    Complete bunk through and through. Even the dates are wrong, as Clinton took office in 1993. Discouraged and underemployed individuals were never included in the official unemployment figures (previously the U-5 rate). A summary of the actual changes that occurred: http://www.bls.gov/cps/revisions1994.pdf

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by DA60 View Post
    Oh yes... I forgot about that.

    Seems I was right after all..and so were you about what I said (sort of)..my apologies.

    Thanks for showing me how I was right...that the government DOES skew the unemployment numbers to make the U-3 look better then it is.


    So, as I said earlier, the government IS skewing the unemployment numbers AND the GDP numbers AND the CPI numbers.

    Thanks again.
    It's pretty pitiful that when any bad news is released it is Obama's fault and when the news is good it's a lie because the "numbers are skewed". Could you be just a little less obvious that you are hoping for failure? Does that make you proud?

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by iguanaman View Post
    It's pretty pitiful that when any bad news is released it is Obama's fault and when the news is good it's a lie because the "numbers are skewed". Could you be just a little less obvious that you are hoping for failure? Does that make you proud?
    Wanting the government to produce accurate numbers and not continue to manipulate them is not 'hoping for failure'.

    It's hoping for the truth.


    And, as I have said many times - I am neither Dem or Rep.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by a351 View Post
    Fudging the CPI, GDP, and Jobs figures? Who can you trust nowadays??

    Based on what exactly?

    That might be the most arrogant statement I've seen on these boards. No offense, but you've provided absolutely nothing in the way of insight that would suggest you could hold your own against any of the names mentioned.
    Oh yes, I missed this part before.


    I am not saying that Krugman, Bernanke And Yellen do not know macroeconomic terminologies and the like. Of course they do - thousands of times more then I do.

    But, imo, they are complete ignoramuses in regards to how the American economy actually operates; what makes it go and what makes it stop and what makes it stagnate.

    It is either that or they are lying through their teeth - and I will give them the benefit of the doubt on that.


    It should be obvious to these people that the policies of massive money 'printing', 'artificially' low interest rates and huge government deficits that they (to varying extents) are supporting are nothing but a road to economic disaster for America (if these policies continue for the foreseeable future).

    The solution to too much debt is NEVER more debt...even a nobody like me knows that one.
    Last edited by DA60; 05-03-13 at 08:03 PM.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by iguanaman View Post
    It's pretty pitiful that when any bad news is released it is Obama's fault and when the news is good it's a lie because the "numbers are skewed". Could you be just a little less obvious that you are hoping for failure? Does that make you proud?
    I'll side with you on this one. Play all the numbers games you want. Call it government politics at work. But in the end, the employment picture is a little better. Let's be glad of that.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by a351 View Post
    Complete bunk through and through. Even the dates are wrong, as Clinton took office in 1993. Discouraged and underemployed individuals were never included in the official unemployment figures (previously the U-5 rate). A summary of the actual changes that occurred: http://www.bls.gov/cps/revisions1994.pdf
    Did you even read the link? Didn't think so

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Oil prices falling. Unemployment falling. Stock market at record highs. Bush's vanity wars winding down.

    It's time for the Tea Party Occupied House to claim the nation is on the brink of disaster and hold another vote to repeal Obamacare.

    And conservatives wonder why they are going extinct.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Baby boomers, the generation born between 1946 and 1964, started reaching the conventional retirement age, 65, last year. That would certainly have many of them leaving their jobs and heading toward the doors. Itís their exit from the labor force that could explain why the labor-force participation rate has fallen
    it could explain it, i spose

    but it doesn't

    Keeping Up, Not Getting Ahead - NYTimes.com

    your forbes is more than a year old

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