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Thread: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

  1. #1211
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Fenton View Post
    LOL !!

    Yea because thats all you need, a reminder that suites your corrupted world view.

    Even if its out of context.

    HR1461 was a bill created by Republicans, that made it through a Republican chaired Comittee that the Democrats threatened to Fillibuster as they ran out the clock on the Senates session.

    With only a 55 vote majority, the Republicans needed 5 DEMOCRATS to step up and make it Fillibuster proof.

    Not ONE useless Democrat politician stepped up.

    Hey here's another reminder.

    That bill was re-introduced in 2007 to a DEMOCRAT chaired Commitee.

    What happened in that Committee ? What happened to the 2007 Bill ?

    Cmon Libs, keep talking about the Sub-Prime Collapse, the Democrat mandated Bubble so I can thoroughly slap down your nonsense.
    "The Administration has long called for legislation to create a stronger, more effective regulatory regime to improve oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks ("housing government-sponsored enterprises" or "housing GSEs") and appreciates the considerable efforts of Chairman Oxley and Chairman Baker in crafting H.R. 1461. However,

    H.R. 1461 fails to include key elements that are essential to protect the safety and soundness of the housing finance system and the broader financial system at large. As a result, the Administration opposes the bill."
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  2. #1212
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Kushinator View Post
    Why do you persistently attempt to straw-man every individual who has a different point of view? My take on political economy has absolutely nothing to do with this phantom textbook you reference.



    That is what happens when the U.S. experiences the worst economic crisis since the 1930's.
    Because people are affected by the Obama economic results, millions of them and he promised he had the solutions to the problems. He failed and yet gets a pass. You call this the worst economic crisis since the 30's because that is what your textbook tells you. Reality tells me that the 81-82 recession affected more Americans negatively because it affected everyone's pocketbook due to the high inflation at the time. We didn't have high inflation this time, millions of Americans lost book value this time but millions more that didn't have investments or own a home didn't lose a thing because of low interest rates and low inflation.

    People continue to be hurt today because of lack of positive leadership and the blame game that many blame continue to blame on the past. It does appear that your textbook doesn't tell you how the private sector works. The govt. bailout rewarded bad behavior which continues today with more people dependent on the govt. than ever before. That seems to be the Obama dream because he sure doesn't know how to stimulate the private sector.

    You lack the very basic understanding of leadership. I am sure you can find a definition in your textbook that will help you

  3. #1213
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Why? Because with leadership comes responsibility and accountability. There is no good economic news regardless of what your textbook tells you. I suggest start thinking with the brain instead of your heart but more importantly do some research for a change. Obama is an economic disaster as evidenced by the actual results not the reported results. You need to stop looking at people as numbers and realize how badly they are being hurt by this economy.
    The actual results....not he reported results.

    Hmm.....so where is this "actual" data?
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  4. #1214
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Because people are affected by the Obama economic results, millions of them and he promised he had the solutions to the problems. He failed and yet gets a pass. You call this the worst economic crisis since the 30's because that is what your textbook tells you. Reality tells me that the 81-82 recession affected more Americans negatively because it affected everyone's pocketbook due to the high inflation at the time. We didn't have high inflation this time, millions of Americans lost book value this time but millions more that didn't have investments or own a home didn't lose a thing because of low interest rates and low inflation.

    People continue to be hurt today because of lack of positive leadership and the blame game that many blame continue to blame on the past. It does appear that your textbook doesn't tell you how the private sector works. The govt. bailout rewarded bad behavior which continues today with more people dependent on the govt. than ever before. That seems to be the Obama dream because he sure doesn't know how to stimulate the private sector.

    You lack the very basic understanding of leadership. I am sure you can find a definition in your textbook that will help you
    So lets see, did people lose asset value in 81? No, home prices did not lose value, interest rates were high both on loans AND on returns.
    Did the job losses go on for a long time in 81? No, it was a fairly quick turnaround since it was an inflation shock recession.

    Did people lose asset values in 2008? Oh yes, home values declined massively, and since this was the primary asset for the majority of people, the losses were great and widespread.

    Did the job losses extend out for a long period? Yes, since demand was/is depressed, due to asset devaluation and income declines, a feedback loop caused further declines in demand, with more cutbacks by govt and business.


    You just refuse to accept how this was different from 1981.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  5. #1215
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    None of that matters that much. I don't say they don't discuss it, but they would plow through all of it if there was demand. You could cut taxes altogether, eliminate all regulations(and I wouldn't advise that), and they would still be sitting on their money. They need demand. Without it, you can't coax them enough. With it, you can't stop them. Everything else is a push.

    Thats why they can't show with objective statistics that either has any significant effect on the whole. Either way, Bob might have issues, but Tom has new opportunities. Everything functions on demand and it's relationship to supply. You have fewer doctors, for example, to influence supply, thus raising prices. This is done not by the government, but by the AMA. This highlights one reason for healthcare reform.

    ask yourself this, how would business respond if they didn't have to worry about healthcare any more? With UHC, you remove it from the connection with employment. This would do more than taxes would. Remember overseas, they can pay low wages, not worry about healthcare, or regulations. Sure, more people die from unsafe conditions, pollution in some places much worse, but they have none of it. Do you really think taxes are truly the big issue? And voters are programmed to respond that way. Just say tax cut, and you're more than half way home.

    On he regulation issue, point me to one thread on a specific regulation? Instead there is just a mantra that there are too many. There may be, but which ones serve no purpose? This is the important question.

    As for rational discussion, I appreciate it as well. It's always good when it can happen.
    I can tell you from my own personal experience that what you suggest about demand is not alltogether true. Demand can be created, and is created all the time.

    I've cited examples of products that were not in demand, manufactured by companies that barely existed, where supply generated demand. This is well known, and, for example, forms the basis for funding Research and Development. Obviously, a final decision is based on whether the market could support the product. No reason to open a Rolls Royce dealership in downtown Detroit, for example, or build a skateboard park in a retirement village.

    As to the Obamacare example, I think you may not have thought that through. Obamacare has exacerbated the doctor shortage, no alleviated it. With dramatic restrictions on Doctor compensation, and still questionable provisions required such things as "the doctor fix" just to fill in holes, Doctors are going to be far shorter supply than ever. Obamacare is a perfect example of the unintended consequences of goverment intervention and regulation.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    Hint: When starting a conversation with someone you never met before, it is generally a bad idea to begin with an insult. You get off on the wrong foot.
    Strike one.

    "Here are the keys to the house you won, sorry about the fire".


    Well, if you had been reading through the thread, you would have caught on to the fact that it was pretty small in all sorts of measures, but most importantly, it was small in relation to the size of the collapse.

    Ah, you are confusing a set of actions designed to counteract an economic collapse...with policy for "normal" (not collapsing) conditions. There was never an assumption on my part that govt was or is a profit making enterprise.....it is supposed to be non-profit.

    I had thought that the government we are creating here is one that essentially is trying to reduce the risk of loss. We have govt to limit our collective exposure to invasion via military and police, we organize to keep water and sanitation safe, we have laws to protect our wealth from criminal acts. We organized our banks to try to quell the massive flows of currency so that our economic system does not become unbalanced. You might agree with some or all of what is said, depending on how conservative you are. You might stop me at the beginning or further down the line. Now, a lot people believe that govt can also serve the purpose of buffering severe economic conditions, that when demand has dropped, it can effect change to moderate the conditions.

    There are some people who view themselves as predators, who feel it is the natural order of things for other people to lose and for themselves to gain from this loss. The degree to which one is against the above paragraph is I think directly correlated to the amount one views oneself as a predator.
    Well, if we were playing baseball you struck out using an article claiming food stamps are stimulus that was rated as only half true. Maybe you thought people wouldn't read the entire article or maybe you didn't. Beats me. But as I wrote earlier, either way makes no difference to me, it's all nonsense. Taking a dollar from someone only to give that dollar to someone else doesn't stimulate anything except the greed of the person getting the dollar for doing nothing.

  7. #1217
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ItAin'tFree View Post
    Well, if we were playing baseball you struck out using an article claiming food stamps are stimulus that was rated as only half true. Maybe you thought people wouldn't read the entire article or maybe you didn't. Beats me.
    Um, the polifact article was determining if the statement "stimulus is more effective than tax cuts" was true, not whether "food stamp are stimulus".

    But as I wrote earlier, either way makes no difference to me, it's all nonsense. Taking a dollar from someone only to give that dollar to someone else doesn't stimulate anything except the greed of the person getting the dollar for doing nothing.
    I understand that macro concepts like multipliers are tough...and Randian objection to altruism is held by a lot of people these days, predatory feelings come to the surface in times of stress....in some people.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  8. #1218
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ocean515 View Post
    Obviously, a final decision is based on whether the market could (demand) the product.
    fixed it for you.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  9. #1219
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    fixed it for you.
    As I wrote before, obsessed.


  10. #1220
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ocean515 View Post
    As I wrote before, obsessed.

    Yes, an obsession exists.....in your mind.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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