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

Dickieboy said:
So you concur that Bush's UE rate was lower that Obama's throughout his administration. I suppose this as you have shifted my point to quantity of jobs created. Would you further concur that during the majority of Bush's terms the UE rate was low enough to prohibit significant job creation? I will concede that during the last few Bush years and the economy slowed, UE rose and he was unable to address (as you link shows). But the FACT remains that Obama UE rate HAS been higher that Bush's for the entirety of his office.
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Yes, I admit the UE rate was lower when Bush was president, but they were lower when Clinton was the man in charge, then they went up. Common between the two of them was bubble economies that finally burst.

You can't look the UE rate and determine the health of the jobs market anymore than you can determine the health of a person by checking their body temperature. A job can be almost anything from working just a few hours a week to a full time job; and a person can have two jobs and it will be counted twice. Needless to say, I don't believe the UE rate can get so low the it can prohibit job creation... That's outright BS.
 
DA60 said:
So, after 52 months and a 50+% increase in the U.S. national debt...the Obama administration has 'got' the unemployment rate down to it's lowest level since George W. Bush's last full month in office.


SUCCESS...right?
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You're talking about Reagan, right?

Carter's last full month in office, the unemployment rate was 7.2%. 52 months later, the unemployment rate was 7.3% and the national debt had increased 79%.

SUCCESS...right?
 
a351 said:
Another impressive rant, but my point stands. Your math is simply awful.
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Better take it up with BLS that confirms the data of over 9 million jobs lost. You just cannot get it through your head that Obama is a complete failure and incompetent.
 
j-mac said:
No. Listen, I am a layman when it comes to economics, and statistics. I confess that I am not very good at comprehending all the aspects behind coming up with the numbers that are fed to us through media. But, I do remember that we were told that we needed some 250,000 jobs created each month in order to keep up with population growth. Now we are being told that 130,000, to 180,000 is good enough, and lowers the rate. There is only one reason for that to happen in my understanding, and that is that the number of people dropping out of the workforce, exceeds the demand for new employment, so the number in my eyes is a shell game, and a lie.
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Post a link to where someone claimed 250,000 jobs needed to be created in a month just to keep up with population growth ......
 
Conservative said:
Better take it up with BLS that confirms the data of over 9 million jobs lost. You just cannot get it through your head that Obama is a complete failure and incompetent.
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Do you ever stop lying, Con?
 
pbrauer said:
Yes, I admit the UE rate was lower when Bush was president, but they were lower when Clinton was the man in charge, then they went up. Common between the two of them was bubble economies that finally burst.

You can't look the UE rate and determine the health of the jobs market anymore than you can determine the health of a person by checking their body temperature. A job can be almost anything from working just a few hours a week to a full time job; and a person can have two jobs and it will be counted twice. Needless to say, I don't believe the UE rate can get so low the it can prohibit job creation... That's outright BS.
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I didn't suggest this and if it was implied it was an error. I believe it impossible for the UE rate to 'prohibit job growth' as it is merely a ratio and has no effect on job growth. I do however believe that there is a bottom to the UE rate that is not 0. Economist argue what the maximum employment is but it is generally ~5% UE.
 
Conservative said:
Better take it up with BLS that confirms the data of over 9 million jobs lost. You just cannot get it through your head that Obama is a complete failure and incompetent.
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Horsefeathers.

Did you notice who won the election last November? If not, allow me to inform you that President Obama was re-elected by a larger margin than G.W. Bush had in 2004.

Mitt Romney was chosen as a complete failure and the incompetent candidate by the American voters. He is not living in the White House, Barack Obama is.

Deal with it.



"Better days are coming." ~ But not for today's out of touch, running out of time, GOP.
 
shrubnose said:
Horsefeathers.

Did you notice who won the election last November? If not, allow me to inform you that President Obama was re-elected by a larger margin than G.W. Bush had in 2004.

Mitt Romney was chosen as a complete failure and the incompetent candidate by the American voters. He is not living in the White House, Barack Obama is.

Deal with it.



"Better days are coming." ~ But not for today's out of touch, running out of time, GOP.
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What the last election showed and you show with your post is that results don't matter and you buy the flowering rhetoric showing how little competence matters. Obama was totally unqualified to be President but won the popularity contest and we are paying that price today.
 
Conservative said:
What the last election showed and you show with your post is that results don't matter and you buy the flowering rhetoric showing how little competence matters. Obama was totally unqualified to be President but won the popularity contest and we are paying that price today.
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Well you may be paying a price, but roughly half of the country approves of the job he's doing.
 
Conservative said:
What the last election showed and you show with your post is that results don't matter and you buy the flowering rhetoric showing how little competence matters. Obama was totally unqualified to be President but won the popularity contest and we are paying that price today.
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President Bush wasn't qualified to be POTUS, how much success did he have in the oil business?
 
shrubnose said:
Horsefeathers.

Did you notice who won the election last November? If not, allow me to inform you that President Obama was re-elected by a larger margin than G.W. Bush had in 2004.
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But George Bush still won the election.

Mitt Romney was chosen as a complete failure and the incompetent candidate by the American voters.
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The United States could use more Mitt Romney's whereas it's unclear what good more Barrack Obamas would do.

He is not living in the White House, Barack Obama is. Deal with it.
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The country is trying to deal with it but with debt that's been created its future is in doubt.
 
Sheik Yerbuti said:
Well you may be paying a price, but roughly half of the country approves of the job he's doing.
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Probably the half that are underachievers in need of that taxpayer handout paid by half of the income earning families that actually pay taxes. Just goes to show that the American Idol generation buys rhetoric and ignores results.
 
pbrauer said:
President Bush wasn't qualified to be POTUS, how much success did he have in the oil business?
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Success and failure assists in individual development. His experience in the Oil business as well as Governor of TX is a resume that Obama can only dream about.
 
Conservative said:
Probably the half that are underachievers in need of that taxpayer handout paid by half of the income earning families that actually pay taxes. Just goes to show that the American Idol generation buys rhetoric and ignores results.
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I know you hate those who don't vote like you, but that is certainly not a reason to insult half of the nation. Romney tried that and it cost him the election.
 
Sheik Yerbuti said:

I know you hate those who don't vote like you, but that is certainly not a reason to insult half of the nation. Romney tried that and it cost him the election.
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Actually half the country insults the Founders of this nation by taking handouts from actual producers. This country was built on neighbor helping neighbor not govt. taking on the role of that neighbor. Obama is building the dependent society that producers are paying for. Still waiting for answers to the questions on why adding six trillion dollars to the debt didn't generate better employment numbers where we still have the same number employed today as we had when he took office. Guess those shovels for shovel ready jobs got lost
 
Sheik Yerbuti said:

I know you hate those who don't vote like you, but that is certainly not a reason to insult half of the nation. Romney tried that and it cost him the election.
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Why is it an insult? Do you have something against people living off their neighbors?
 
Grant said:
Why is it an insult? Do you have something against people living off their neighbors?
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No, but calling someone you don't know an "underachiever" is an insult. Is someone who became disabled and can no longer work, an underachiever?
 
Before Obama: 7.8% unemployment and rising - After Obama: 7.5% and falling
Before Obama: 598,000 jobs lost - After Obama: 165,000 jobs gained
Before Obama: First time jobless claims streaking to record heights - After Obama: first time jobless claims at 5 year low
Before Obama: Dow Jones 7449.38 - After Obama: 14,973.96


Thank you, President Obama.
 
Sheik Yerbuti said:
No, but calling someone you don't know an "underachiever" is an insult. Is someone who became disabled and can no longer work, an underachiever?
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Who said anything about the disabled and those who can no longer work? And, while we're at it, who used the term "underachiever'?
 
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