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

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

    Quote Originally Posted by Conservative View Post
    Wonder if you would have the same outlook if these were a Republican numbers vs. a Democrat?
    I can't speak for pbrauer, but I would have the exact same outlook. But you wouldn't, you would be praising these numbers as if we were on the cusp of the second coming of the Clinton economy...errr...Reagan economy.

    Sorry to interject, I just thought it was funny that YOU made that statement.
    Last edited by Slyfox696; 07-09-13 at 12:02 PM.

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

    Quote Originally Posted by Gimmesometruth View Post
    OK... back to EMPLOYMENT.

    I suppose one could now go absolutist and argue that "jobs were lost" in a discussion about US manufacturing, but as I made clear, the level of employment remained steady until 2000. I did not say the same people held the same jobs in manufacturing....so I guess you have that dishonest out also.
    Now you understand.

    When you learn to control your bias, you will be able to read what somebody has posted, rather than allow your brain to insert what isn't there.

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

    Quote Originally Posted by Slyfox696 View Post
    I can't speak for pbrauer, but I would have the exact same outlook. But you wouldn't, you would be praising these numbers as if we were on the cusp of the second coming of the Clinton economy.

    Sorry to interject, I just thought it was funny that YOU made that statement.
    Aw, yes, such positive attitude and understanding about our economy. Your opinion noted. You have no way of knowing that but logic and common sense says you are wrong. No Republican would have proposed Obamacare, a stimulus program that simply rewarded unions and pro liberal states, higher taxes on producers, and more regulations that prevented private sector growth.

    I suggest you look at what led to that Clinton economy you Obama supporters want to tout. Obama is no Clinton for Obama has no idea how to compromise. I find it amazing how you tout an economic performance that you don't understand. Have you ever heard of the Contract with America? How much of that did Clinton sign?

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

    Why do we have so many people here trying to change history and ignoring why we have the problems we have today and the lack of leadership to solve them. It might help if we had a President who understood the foundation upon which this country was built. We now have an ideology that is trying to change that foundation.

    walk

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

    Quote Originally Posted by Mithros View Post
    Businesses don't produce things they can't sell. Hence this (https://en.wikipedia.org/wiki/Capacity_utilization) is really a function of available consumption.

    As for how, supply side economics moves money from the consumer class to the investor class to fix stagflation. Demand side economics moves it back.
    Business produces things they hope they can sell. Demand is created all the time. If business only produced what they can sell, innovation wouldn't exist. That's the flaw with the current emphasis on demand. The never ending chicken/egg argument.

    Obviously, a company doesn't want dead inventory, but it happens. Many manufacturers sell products at a loss, so that other products they produce can be sold at a sufficient profit to benefit the entire enterprise.

    Think about it, the automobile was a gamble, as was the personal computer. Cells phones carried enormous risk, considering mobile phones had existed for some time prior to companies "betting the farm" with investments in cell towers and the rest of the required infrastructure.

    Capital sitting idle is the worst thing for a company, it must be put to work. But why are so many sitting on such big profits? The demand siders would suggest they need to pay their workers more, and hire a bunch of people so demand will pick up, and the economy will grow.

    With so much economic uncertainty, why would a company do that? Obamacare is real, and it's a major concern. Energy continues to be a variable that is a significant issue.

    At present, it takes @$300,000 in revenue to sucessfully cover the annual cost of an employee being paid $15+/hr. Do you know how much it costs to raise revenue by $300,000?

    Lot's of variables that charts, and theories, and statistics have a difficult time defining.

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

    Quote Originally Posted by Conservative View Post
    Why do we have so many people here trying to change history and ignoring why we have the problems we have today and the lack of leadership to solve them. It might help if we had a President who understood the foundation upon which this country was built. We now have an ideology that is trying to change that foundation.

    walk
    I think you're projecting.

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

    Quote Originally Posted by Boo Radley View Post
    I think you're projecting.
    I think it is being realistic, when will you give it a try? So much history that you want to re-write

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

    Quote Originally Posted by Conservative View Post
    I think it is being realistic, when will you give it a try? So much history that you want to re-write
    Thinking is not equal to being.

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

    Quote Originally Posted by Slyfox696 View Post
    I can't speak for pbrauer, but I would have the exact same outlook. But you wouldn't, you would be praising these numbers as if we were on the cusp of the second coming of the Clinton economy...errr...Reagan economy.

    Sorry to interject, I just thought it was funny that YOU made that statement.
    So, if a Rep was in the WH and the jobs report showed only 2 new jobs created (which you said was a good report) - would you still call that a good report?

    Yes or no, please?

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

    Quote Originally Posted by Boo Radley View Post
    Thinking is not equal to being.
    What exactly in that video is wrong? Have you ever been to D.C? The history of our country is there and you can interpret it your way all the time but you cannot change it. This country wasn't built on the economic and social principles of Obama and the economic results show total failure. You are entitled to your own opinion but you aren't entitled to your own facts. I am so sorry but liberalism outlived its usefulness decades ago but dies hard. A much weaker country couldn't survive decades of trying to re-write history and fundamentally changing this country. It is just taking a little longer to destroy it and remake it into that perceived liberal utopia. Funny how liberal nations really aren't utopias

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