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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 pinqy View Post
    Perhaps you should read my posts more carefully. You seem to have missed the part where I said "Not the best of trends, but it's still more jobs. "

    But is it better or worse than no jobs?
    I read it (unlike you, I read and understand as best I can posts that I quote/reply).

    I also read the rest which suggested you were putting too much importance on mostly debt-based, service jobs.

    Hence my reply.


    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 DA60 View Post
    I read it (unlike you, I read and understand as best I can posts that I quote/reply).

    I also read the rest which suggested you were putting too much importance on mostly debt-based, service jobs..
    You didn't understand very well then, if you got that idea from my post. Or by "too much importance" do you mean "not dismissing entirely?"
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by pinqy View Post
    You didn't understand very well then, if you got that idea from my post. Or by "too much importance" do you mean "not dismissing entirely?"
    I meant what I typed.

    Now if you excuse me, debating/chatting with closed minded people, (such as you seem to be on this subject) I find a complete waste of time.


    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 DA60 View Post
    I meant what I typed.

    Now if you excuse me, debating/chatting with closed minded people, (such as you seem to be on this subject) I find a complete waste of time.


    Have a nice day.
    I find it interesting that you refuse to consider that you might ever be less than fully clear in what you write and when asked to clarify, refuse to do so. And at the same time you stand by any misinterpretations you have and refuse to consider that you might have misunderstood. And then call me close-minded.

    Look, no one's saying the economy is great (and if anyone is, they're wrong), but it is clearly getting better than it was last year and the year before. Growth in the service industry might not be the optimum place for growth, but it is still growth and it's still more jobs.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by pinqy View Post
    I find it interesting that you refuse to consider that you might ever be less than fully clear in what you write and when asked to clarify, refuse to do so. And at the same time you stand by any misinterpretations you have and refuse to consider that you might have misunderstood. And then call me close-minded.

    Look, no one's saying the economy is great (and if anyone is, they're wrong), but it is clearly getting better than it was last year and the year before. Growth in the service industry might not be the optimum place for growth, but it is still growth and it's still more jobs.
    Right there you proved you do not understand America's economy. The economy is getting worse.

    But then, most 'economists' (like Krugman for example) don't understand the economy either.


    The U-6 went up and all those debt-fed, service jobs are is stagnation justification.

    Clearly you do not understand...but you are civil, I give you that.

    History will show that the economy is heading for a cliff.

    You don't agree - we shall see.


    Have a nice day.
    Last edited by DA60; 05-08-13 at 11:00 AM.

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

    Quote Originally Posted by DA60 View Post
    Right there you proved you do not understand America's economy. The economy is getting worse.

    But then, most 'economists' (like Krugman for example) don't either.


    The U-6 went up and all those debt-fed, service jobs are is stagnation justification.

    Clearly you do not understand...but you are civil, I give you that.

    History will show that the economy is heading for a cliff.

    You don't agree - we shall see.


    Have a nice day.
    WTF???

    The U6 is down to 13.9% from 14.5% a year ago and you think the economy is getting worse because it ticked up by 1/10th of one percent in one month?? Trends mean nothing to you, do they?



    And no, the economy is not "heading for a cliff." Unemployment is just one metric used to determine the health of the economy. And unemployment is dropping. Another is GDP, which was at 2.5% last quarter. Not great, but not "heading for a cliff."

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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
    WTF???

    The U6 is down to 13.9% from 14.5% a year ago and you think the economy is getting worse because it ticked up by 1/10th of one percent in one month?? Trends mean nothing to you, do they?



    And no, the economy is not "heading for a cliff." Unemployment is just one metric used to determine the health of the economy. And unemployment is dropping. Another is GDP, which was at 2.5% last quarter. Not great, but not "heading for a cliff."
    Obviously you don't really understand things or you'd agree with him. There's no debate...if he says it, it's true, and clearly people who actually have degrees in economics and have studied the trends and patterns don't know what they're talking about if they disagree with his casual observation.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by pinqy View Post
    Obviously you don't really understand things or you'd agree with him. There's no debate...if he says it, it's true, and clearly people who actually have degrees in economics and have studied the trends and patterns don't know what they're talking about if they disagree with his casual observation.
    You forgot to 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 Sheik Yerbuti View Post
    You forgot to have a nice day.
    Who am I to tell you what kind of day to have?
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by j-mac View Post
    Not with you....I prefer an honest debate.
    Well, when you're ready to have one, I'm game.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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