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

  1. #1821
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Your claims are typical liberal BS which does nothing but divert from the thread topic and divert from the Obama record.
    Okay are you against min wage? Does China have a min wage?

    Okay you're are against regulation? Does China have more or less regulation than the US as far as employment and environment?

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

    Quote Originally Posted by Kushinator View Post
    People vote with their wallets; household net worth has increased by 30% since 2009; the single greatest increase during any presidency on record.
    Tell that to the millions unemployed, under employed/discouraged as well as the hundreds of thousands of contract employees and business owners who have been forced out of business. Guess you cannot see that from your desk. There are 2 million fewer people employed today than when the recession began and a 30% increase in household net worth from 2009 is a disaster since the numbers in 2009 were terrible.

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

    Quote Originally Posted by winston53660 View Post
    Okay are you against min wage? Does China have a min wage?

    Okay you're are against regulation? Does China have more or less regulation than the US as far as employment and environment?
    Yes, I am against the minimum wage and support a market wage, the only ones benefiting from a minimum wage are those overpaid at minimum wage.

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

    Quote Originally Posted by Conservative View Post
    Yes, I am against the minimum wage and support a market wage, the only ones benefiting from a minimum wage are those overpaid at minimum wage.
    Okay so you want what China has.

    Now what about regulation?

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

    Quote Originally Posted by winston53660 View Post
    Okay so you want what China has.

    Now what about regulation?
    So you and Boo don't believe China has a minimum wage? Just goes to show how brainwashed some Obama supporters have become

    China Minimum Wage from January to July 2013

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

    Quote Originally Posted by Conservative View Post
    Projections again? When was the last time your projections were right? How much in tax revenue are we collecting from the millions unemployed/under employed/discouraged workers?
    I made no use of projections. S.S. is sound from an actuarial perspective until 2027, ceteris paribus.

    Never said it was beating the market averages because that would be a lie.
    Reading comprehension error on your behalf; you said

    Quote Originally Posted by conservative
    I see, so your return on your "investment" in SS is generating the kind of return you would generate without it and then having that investment your Money?
    Since i never made any mentioning in any thread about SS returns on investment vs my personal investing, you felt the need to use the strawman fallacy because you are out of ammunition.

    Declining labor force growth isn't going to have much effect, is it? Good luck on those projections which have yet to be right
    The labor force will not face static structural imbalances indefinitely.

    No question about it, I only hope that I can become half as smart as you think you are. Your financial analysis doesn't put food on the table or people in housing.
    You don't know what an actuary is.

    Financial analysis puts food on my table and pays for my house(s).

    How is debt financed again and what interest rate? I would have thought someone as smart as you think you are would understand debt financing and interest rates better.
    The stock of debt will not be impacted by a change in interest rates; only new debt will be sensitive to such an environment. Here is the caveat; interest rates will not rise without the requisite economic growth.

    Isn't that great, Obama and liberalism has so much invested in poor economic growth and high unemployment. Both keep interest rates and inflation low
    Non-response. I am judging it is because you don't know how to read the graph.

    Record low interest rates certainly aren't having any affect on the economy, are they?
    We are finally emerging from a liquidity trap. Housing has been booming throughout 2013, which is part of the reason we are beginning to see an uptick on medium to long term interest rates. Low interest rates lower the cost of adding additional capital.

    Think the Fed loves seeing interest rates this low? Must be an indication of the booming economy
    This is the aftermath of the worst economic downturn in 80 years.

    That is a lie, Debt was 16.2 trillion beginning of fiscal year 2013 and today it is 16.8 trillion dollars. Need help with the math? I would have thought someone as smart as you would understand that the fiscal year of the U.S. runs from October 1 to Sept. 30. Guess not so maybe you learned something today?
    I wasn't referencing the fiscal year; only the accumulated deficits during Obama's tenure as President. Since he has been into office, the federal deficit has fallen every year by double digit percentages.

    Because they didn't exist
    Of course they did. The data that validates my point can be found here. Accumulated deficits are the codomain of debt.

    Too bad you lack any street sense.
    Your perception of my street sense is of no value. You do not know me. I can however depict from the knowledge and familiarity with regards to your posting history that you have no business discussing such topics. You simply lack the comprehension of the terminology and the ability to analyze even the most basic data.
    Last edited by Kushinator; 07-25-13 at 06:53 PM.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by Conservative View Post
    So you and Boo don't believe China has a minimum wage? Just goes to show how brainwashed some Obama supporters have become

    China Minimum Wage from January to July 2013
    Brainwashed? whatever.

    Hmm wadda ya know they do have a below poverty level min wage.

    Now how a bout regulation?

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

    Quote Originally Posted by Conservative View Post
    Tell that to the millions unemployed, under employed/discouraged as well as the hundreds of thousands of contract employees and business owners who have been forced out of business.
    The fault of the private sector. You seem to want to blame democrats for the failure of private industry.

    a 30% increase in household net worth from 2009 is a disaster since the numbers in 2009 were terrible.
    Inflation adjusted gains of more 30% in less than 4 years are substantial, no matter how politically inconvenient it is to your "cause".
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Kushinator;1062105758]I made no use of projections. S.S. is sound from an actuarial perspective until 2027, ceteris paribus.
    From what I have seen your projections and Obama's are about as good as the weather predictions of if you don't like the prediction wait five minutes and it will change.


    Reading comprehension error on your behalf; you said



    Since i never made any mentioning in any thread about SS returns on investment vs my personal investing, you felt the need to use the strawman fallacy because you are out of ammunition.
    You have the same credibility as most liberal economists



    The labor force will not face static structural imbalances indefinitely
    .

    With Obama there is no assurance of that statement


    You don't know what an actuary is.
    You have no concept of what self insured means

    Financial analysis puts food on my table and pays for my house(s).
    Which puts you in a very small minority. Too bad people are nothing more than numbers to you



    The stock of debt will not be impacted by a change in interest rates; only new debt will be sensitive to such an environment. Here is the caveat; interest rates will not rise without the requisite economic growth.
    Without economic growth we will always have high unemployment, high debt, and poor economic growth which will make your predictions wrong again


    Non-response. I am judging it is because you don't know how to read the graph.
    Told you, your graph won't sell to the millions on food stamps, unemployed, under employed, discouraged. Must be lonesome in that world of numbers in which you live.



    We are finally emerging from a liquidity trap. Housing has been booming throughout 2013, which is part of the reason we are beginning to see an uptick on medium to long term interest rates. Low interest rates lower the cost of adding additional capital.
    Booming? Interesting how percentage change over the worst numbers on record is a booming economy to a numbers geek. Too bad 50% don't own homes



    This is the aftermath of the worst economic downturn in 80 years.
    Your opinion, I found the 81-82 recession worse but then again I lived and worked during that period of time. Guess the textbooks still don't understand human behavior and the effects of a high misery index coupled with negative economic growth.



    I wasn't referencing the fiscal year; only the accumulated deficits during Obama's tenure as President. Since he has been into office, the federal deficit has fallen every year by double digit percentages.
    We pay debt service on the fiscal year debt. Love how the federal deficit has fallen each year but still is over a trillion dollars a year. Now that is quite an accomplishment. What would have happened had the deficit increased each year and still over a trillion dollars a year


    Of course they did. The data that validates my point can be found here. Accumulated deficits are the codomain of debt.
    seems debt service is part of the budget and the Treasury Dept. disagrees with you. Bush had surpluses a few months as well but it never mattered at the end of the year when the deficits exceeded revenue. Bush however never had a trillion dollar deficit on any of his budgets.

    Your perception of my street sense is of no value. You do not know me. I can however depict from the knowledge and familiarity with regards to your posting history that you have no business discussing such topics. You simply lack the comprehension of the terminology and the ability to analyze even the most basic data.
    You are right I don't know you and really have no interest in every knowing you. I know a lot of people like you and none of them has ever been successful long term. Book smart street stupid liberals have found a place in this forum but not in the real world.

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

    Quote Originally Posted by winston53660 View Post
    Brainwashed? whatever.

    Hmm wadda ya know they do have a below poverty level min wage.

    Now how a bout regulation?

    How about that, China does have a minimum wage? Where is that liberal apology? Guess I am not like China at all

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