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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 washunut View Post
    I think we can agree that there are smart people on both the left and right. Hyper partisans who put rational thinking aside to defend "their side's" position often forfeit their intelligence.
    Point taken

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

    nobody made accurate projections
    LOL!

    you can say that again

    Romer and Bernstein on stimulus - NYTimes.com

    we're sposed to be at 5.1 by now

    accountability, anyone?

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

    Quote Originally Posted by Gimmesometruth View Post
    purchasing private insurance? What do you think? Off topic.

    I thought you wanted less debt?

    Is that money being spent in the private sector?

    Is this the guy that forgets the time frame? employment was in free-fall, nobody made accurate projections on job loss from the Bush Recession.

    We have gone over this time and again, taxes are on profits, demand is holding back investment. Profits are way up without investment, there is little incentive to invest in such an environment.
    Obamacare was the number two policy issued by Obama when we have poor employment and poor economic growth so tell me is Obamacare that requires an employer to buy insurance a pro growth private sector economic policy?

    Let me know when during the last 50 years higher taxes generated higher revenue and less National Debt and not just more spending. If you are concerned about debt then why wouldn't you have a problem with a 3.77 trillion dollar budget?

    Employment remained in free fall in 2010-2011 when over a million people per month were discouraged workers not counted as unemployed so tell me does a discouraged worker make one less unemployed?

    Yes, demand is holding back growth and that is due to 21.5 million unemployed/under employed/discouraged workers along with millions and millions on food stamps and other forms of taxpayer welfare.

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

    Quote Originally Posted by Gimmesometruth View Post
    Wow, 2 swings at the same topic, neither of which gets to the heart of the matter. You change the topic to Congress, but we all know how the minority blocked nearly everything, it has been and still is a matter of obstructing anything by this administration. I keep asking you where are the GOP job programs, we have nothing, but then that is entirely because anything improving the situation make the President look good.

    Luddites and knownothings, today's GOP.
    The new liberal normal, high unemployment, lower labor force growth, low economic growth, massive debt, and greater govt dependence. This coming from someone who claims to be in business for themself?

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

    Quote Originally Posted by Slyfox696 View Post
    Why? Because he had been an office for 8 months? Surely you're not going to tell me you also believe the economy is a light switch. You have to look at trends, and the trend is that the longer Obama is in office, the better things are getting.

    That's what I said. We went from 14.2% and rising (all the way up to 17.1%) to 13.9% and dropping. That's a positive trend.

    Your claim was:


    It seemed you definitely suggested all the added debt was due to money spent to better the economy/unemployment.

    I don't care what percentage is inaccurate, merely that your statement is inaccurate.

    No, this is false. First of all, the increase in federal spending has been minimal. Most of the debt incurred is from the lost tax revenue. Second of all, most of that spending WASN'T towards stimulating the economy, it was towards the things we were already committed to spending.

    And, once again, I don't think it's bad we're making sure people get food. This isn't really that difficult to understand.

    To address what I'm sure your larger point is, I do not like how the income inequality gap has increased over the last several decades, including under Obama. But from where I sit, I've seen many things Obama has proposed to combat this, so it's hard for me to blame him when Republicans actively work against him.

    Too late.
    Whoa - I took a glancing look at your post (I did not actually read it).

    There is NO WAY I am getting into some huge, multi-quote debate with you over this...life is WAY too short for that and I do not NEARLY care enough what you think on this (no offense).

    Maybe you like endlessly debating opinions over and over again - I do not.

    You made your points, I disagree with them.

    So unless you have some links that disprove things I have said - end of discussion.


    Have a nice day.

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

    Quote Originally Posted by Conservative View Post
    You are right, I make the mistake that liberals are smarter than they actually are and that they have learned how to read a chart which gives them the answers to their questions. I will try not to make the mistake in the future of over estimating the intelligence of a liberal.
    What does that say about you, Con? You claimed 9 million jobs were lost during Obama's presidency, yet there is no chart which supports such ludicrousy. Can't you read a chart?

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

    Quote Originally Posted by Sheik Yerbuti View Post
    What does that say about you, Con? You claimed 9 million jobs were lost during Obama's presidency, yet there is no chart which supports such ludicrousy. Can't you read a chart?
    Still waiting for an answer to the many questions raised with you yesterday and on Friday but you continue to run from them. Is the new liberal normal high unemployment, low economic growth, massive govt. debt, and greater dependence on the taxpayers? Does a discouraged worker make one less unemployed? How do you explain adding 6 trillion dollars to the debt and only getting unemployment back to what it was when Obama took office? Any thoughts on what the labor force should be today rather than 155.2 million or up one million since Obama took office? So many questions and so few answers

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

    Quote Originally Posted by pinqy View Post
    How would I know? I haven't asked them.

    Yes, but they're not trying to get one. When Obama took office, the number of discouraged was 734,000, went up to 1,318,000 in Dec 2010 and is now back down to 835,000. An improvement from the worst, not as good as it had been.

    I claimed no such thing. I wrote: "the number of people not in the labor force who want a job went up 0.7 million" That's not saying only 700,000 people want a job.

    But in any case, you're just deflecting. Your claim of -9.4 million in the labor force was false. I'm not talking about good or bad, I'm just talking accuracy.
    What do you believe the labor force number should be today 5 1/2 years after the recession started and 4 plus years after Obama took office? Do you think a discourage worker is any less unemployed? U-3 rate seems to think so.

    So let me see if I have this right, the discouraged worker number when Obama took office was 734,000 and in April 2013 it was over 800,000 and Obama has added 6 trillion to the debt but that is a good thing?

    How do you know the number of people in the labor force who want a job is up 700,000? What about the over 11 million unemployed? Do they want a job?

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

    we all know how the minority blocked nearly everything
    he got his obamacare, that was sposed to help a lot---keep costs down, let the folks consume, all those jobs in the industry

    he got his dodd-frank---that was gonna fix the too-big's

    Holder: Banks too big to prosecute - Salon.com

    he got his tax-the-rich on january 1---as well as his 2% payroll on ALL americans, including MIDDLE CLASS

    and what was that stimu...

    i mean, excuse me, what was that s-word thing sposed to be all about?

    its hundreds of billions of dollars worth of problems were in-your-face obvious within six months

    Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME

    neanderthals, knuckledraggers, knownothings...

    ok

    but watch who you're callin a luddite

    LOL!

    party on!

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

    Quote Originally Posted by Conservative View Post
    Still waiting for an answer to the many questions raised with you yesterday and on Friday but you continue to run from them. Is the new liberal normal high unemployment, low economic growth, massive govt. debt, and greater dependence on the taxpayers? Does a discouraged worker make one less unemployed? How do you explain adding 6 trillion dollars to the debt and only getting unemployment back to what it was when Obama took office? Any thoughts on what the labor force should be today rather than 155.2 million or up one million since Obama took office? So many questions and so few answers
    You're asking nonsensical questions to deflect away from your ridiculous claim that 9 million jobs were lost over the last 4 years.

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