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Thread: US unemployment lowest in 4 years

  1. #171
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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Higgins86 View Post
    good majority of those 18 year olds I imagine are not working through the summer, are going to college or already have a part time job established
    Really?

    Effective Youth Unemployment is 16.2%

    Veteran Unemployment Rate For 18 To 24-Year-Olds Was Higher Than 20 Percent Last Year

    http://www.pewsocialtrends.org/files...nd-Economy.pdf

    Only 54% Of Young Adults In America Have A Job | Zero Hedge
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

  2. #172
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    rabbitcaebannog's Avatar
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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Conservative View Post
    Why would any private business owner invest his own money or even try to start up a business today not knowing what the tax structure is going to be or what Obamacare is going to cost? Since you are such an expert why don't you do what you say others should do, take the risk that business owners take very day? As I stated you don't seem to have any concept as to what incentive is.
    Proof that business needs government helping hand to start?
    Here's mine that shows that is not necessarily true at all: http://www.nytimes.com/2012/12/02/us...pagewanted=all

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Fenton View Post
    No I never expected you to " accept as serious " ( WTH ? did you just warp into Yoda speak or something ? ) the premise that cities like Detroit could be compared to South East African Dictatorships.

    The glaring and apparent similarities are far too damaging to your core principles for you to take notice of what amounts to the failures of Liberalism gone unchecked.

    A Powerful Government controlling a stupid and uneducated mass for the purpose of extending power among the few. Call it want you want, but your side has been appealing to the lowest common denominator for decades.

    It's incumbent upon you to accept that there are consequences for your political party doing just that and Ill even help you see the obvious, no charge.
    FFS Fenton, dictatorships are the nearly the total opposite of "liberalism", I think we have gone over that one a few hundred times. I'm glad you were able to see that I did not take the premise seriously, the question is, since we have gone over this numerous times, why you still do take the false rhetorical premise seriously. It is the stuff of Birchers....who are, ironically enough, close to dictators themselves.
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    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
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    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by rabbitcaebannog View Post
    The time period is from 2008 until recent and the figues for low and middle wage jobs are described in this link: How the recession turned middle-class jobs into low-wage jobs
    I read the article and the underlying article it relied upon. Does it strike you as odd that they selected those particular values? Mid wage for example runs from $28,766 to $43,950. It is almost as if they had an agenda and backed into the categories that would "make it so."

    Overall, during the Bush era, private growth in jobs were at their worst since the Great Depression.
    Really? So that roughly 4-6% unemployment for 7.5 years out of his eight was pretty bad? And the roughly 8% unemployment throughout all of the Marxist's regime is no doubt much better, right?

    The highest unemployment rate during President Bush’s entire eight years in office was his last month at 7.8%, compared to President Obama’s low of 7.6%. Of course it really helps to have the state-run media on your side.

    It can be argued since the Clinton era, much of the productivity in the economy had to do with bubbles. Bruce Bartlett had a piece in which he stated that "Economists are still searching for answers to the slow growth of the United States economy. Some are now focusing on the issue of “financialization,” the growth of the financial sector as a share of gross domestic product."
    We should try an experiment. Let's declare an end to ObamaCare and Frank-Dodd. Let's roll back all regulations to those written and approved in 2001. If the economy gets way better in four years, say unemployment back to 4.5% then let's eliminate the job killing regulations permanently. And let's quietly agree that we will never, ever again allow a Marxist back into the White House, even if we call him a liberal, a progressive or whatever new term people of his ilk use to hide behind. If it does not improve then...never mind. It will improve.

    All worth due examination. As far as your last statement, unions have had the lowest level of membership since the Depression so it could be argued that this is also part of the reason wages have stagnated for so long.
    Really? So public sector unions were not made whole for three years out of the so-called stimulus funds?

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by rabbitcaebannog View Post
    It has nothing to do with long term unemployed people who are not marketable or trainable. That is a simplistic argument. We've lost 60% of mid-wage jobs during the recession and only recovered 22%. We lost about 21% of low wage jobs and now have grown 58% of these low wage jobs in this country. That means less jobs for middle income workers and many more to compete for in the low wage range. That is not people's fault!
    You have misunderstood.

    This is not correct: " We've lost 60% of mid-wage jobs during the recession and only recovered 22%."

    It is not even close. Correct is, "of the job losses 60% were mid wage where the numbers were pulled out of my, er, uh, hat at $28,766 to $43,950 in order to match my agenda."

    Over half of the recovery has been for jobs earning less than $28,766. Can we all say thank you to the Marxist? He is creating equality of both opportunity and outcome as all Marxists do, at the low end.

  6. #176
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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Misterveritis View Post
    I read the article and the underlying article it relied upon. Does it strike you as odd that they selected those particular values? Mid wage for example runs from $28,766 to $43,950. It is almost as if they had an agenda and backed into the categories that would "make it so."


    Really? So that roughly 4-6% unemployment for 7.5 years out of his eight was pretty bad? And the roughly 8% unemployment throughout all of the Marxist's regime is no doubt much better, right?

    The highest unemployment rate during President Bush’s entire eight years in office was his last month at 7.8%, compared to President Obama’s low of 7.6%. Of course it really helps to have the state-run media on your side.



    We should try an experiment. Let's declare an end to ObamaCare and Frank-Dodd. Let's roll back all regulations to those written and approved in 2001. If the economy gets way better in four years, say unemployment back to 4.5% then let's eliminate the job killing regulations permanently. And let's quietly agree that we will never, ever again allow a Marxist back into the White House, even if we call him a liberal, a progressive or whatever new term people of his ilk use to hide behind. If it does not improve then...never mind. It will improve.



    Really? So public sector unions were not made whole for three years out of the so-called stimulus funds?
    Your post is not worth my time. It's all partisan crap.

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Misterveritis View Post
    You have misunderstood.

    This is not correct: " We've lost 60% of mid-wage jobs during the recession and only recovered 22%."

    It is not even close. Correct is, "of the job losses 60% were mid wage where the numbers were pulled out of my, er, uh, hat at $28,766 to $43,950 in order to match my agenda."

    Over half of the recovery has been for jobs earning less than $28,766. Can we all say thank you to the Marxist? He is creating equality of both opportunity and outcome as all Marxists do, at the low end.
    More garbage. Moving along to do something more productive.

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by rabbitcaebannog View Post
    Proof that business needs government helping hand to start?
    Here's mine that shows that is not necessarily true at all: http://www.nytimes.com/2012/12/02/us...pagewanted=all
    That so called govt. help is allowing them to keep more of what they earn and not be forced to spend money on Obamacare. Businesses cannot print money and govt. can hurt business a lot, staying out of the way would promote the greatness this country as to offer. Hiring and firing expenses seem to be a foreign concept to you just like normal business operating expenses. Get a Business P&L and learn how businesses operate and then ask yourself is govt. helping or hurting Business with higher taxes and Obamacare?

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by ttwtt78640 View Post
    That number of "new" jobs sounds wonderful until you consider that over 336,000 people in the US turned 18 in that month.

    How many people turn 18 each year in US
    People don't just automatically enter the work force at 18 anymore. The number of college freshmen rises nearly every year, if I'm not mistaken. Some of those freshmen work, but many do not.

  10. #180
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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Conservative View Post
    That so called govt. help is allowing them to keep more of what they earn and not be forced to spend money on Obamacare. Businesses cannot print money and govt. can hurt business a lot, staying out of the way would promote the greatness this country as to offer. Hiring and firing expenses seem to be a foreign concept to you just like normal business operating expenses. Get a Business P&L and learn how businesses operate and then ask yourself is govt. helping or hurting Business with higher taxes and Obamacare?
    Private industry jobs started dying off before Obama took office so you can't blame it entirely on Obamacare.

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