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Thread: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

  1. #1131
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    GM is controlled by the unions and unions stifle individuality and growth opportunities. Unions now control about 11% of the work force, gee, wonder why?
    So you are saying that unions prevent promotion from within? I wasn't aware of that. It would seem like unions would strive to achieve promotion from within, rather than requiring that companies hire outsiders who are potentially not union members.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    I competed against Wal-Mart and you are talking about a few disgruntled employees. Overall they do well with their people including most promotions from inside not the outside. Their pay isn't nearly as bad as you and others are led to believe. I have their pay structure and the percentage they promote from within.
    Got it. You would rather have to compete with GM for employees than Walmart.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    Why would anyone support more money going to a fat, bloated 3.8 trillion dollar Federal Govt? Until the govt. accounts for the trillions that go to it each year not another dime in taxes

    I competed against Wal-Mart and you are talking about a few disgruntled employees. Overall they do well with their people including most promotions from inside not the outside. Their pay isn't nearly as bad as you and others are led to believe. I have their pay structure and the percentage they promote from within.

    As for unions, they have outlived their usefulness decades ago and need to go the way of the dinosaur. We have laws to protect the workers and don't need a bloated union management all making well in excess of 6 digits to do what the laws do
    our disagreement is so complete that further discussion will bear no fruit. have a good one.

  4. #1134
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by imagep View Post
    So you are saying that unions prevent promotion from within? I wasn't aware of that. It would seem like unions would strive to achieve promotion from within, rather than requiring that companies hire outsiders who are potentially not union members.
    Haven't been around unions much, have you? It is all about seniority, not quality.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by imagep View Post
    Got it. You would rather have to compete with GM for employees than Walmart.
    Haven't met many good union employees but have met a lot of good retail employees. I employed over 1200, how many have you ever employed?

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    Do you realize that there were 146 million Americans working in December 2007 when the recession began and that number is 145 million now, 7 years later?
    Yeah, I realize it. And it was called the Great Recession. Within two years, employment was down to 138 million. We've now regained nearly all those lost jobs. (The figure for April was 145.7 million, and it's been six-and-a-half years.) As I noted earlier, public-sector employment during this period has dropped by 600K.

    >>No population growth?

    I don't understand. Are you asking if there has been any?

    >>No significant labor force growth?

    The civilian labor force has expanded from 153.9 million in December 2007 to 155.4 million last month.

    >>Please name for me the economic policies that have made this economy better than it was when Obama took office or when the recession began?

    I would point to:

    • the continued implementation of TARP (I'd say Bush's decision to go with TARP kept us out of a depression)
    • the so-called "economic stimulus" — tax cuts (especially for small businesses), public works projects, extended unemployment benefits
    • the 2010 tax cut package (extending Bush-era rates, cutting the payroll tax, cuts for capital improvements and increased R & D credits, raising the estate tax exemption, additional credits for college tuition and children)
    • the decision to rescue the automakers (saved millions of jobs)
    • the Wall Street reforms
    • the ACA, which will help control healthcare costs in the future


    I think more could have been done, but, as I see it, Mr. Boehner is unwilling to turn his back on the fifty or so Tea Party members of his caucus and help enact legislation that could get, say, 170 Republican votes and 60 from Democrats.

    >>Do you think ACA promotes job growth?

    In the long run, I think the ACA will have a significantly positive impact of the economy in a variety of ways. I'd say a "healthier" (no pun intended) labour market is one of them.

    >>How about higher taxes and regulations?

    Which ones?

    >>How about minimum wage increases?

    The federal minimum hasn't been raised since 2006.

    >>How about delays in the Keystone Pipeline? How about EPA regulations on coal?

    I think we need to do a lot more to control Climate Change. I think there are economic trade-offs involved.

    >>I find it interesting how people here love to point out the proposed lies of GW Bush but ignore the lies and poor performance of Obama. Why is that?

    Fwiw, I don't think I've ever said, here or anywhere else, that Mr. Bush lied. How has Obama lied? Again fwiw, I don't think his job performance has been poor.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    Haven't met many good union employees
    Ever meet a cop or a fireman in a union?

    >>Haven't been around unions much, have you? It is all about seniority, not quality.

    If you haven't been around them much, how do you know what they're about?

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by mmi View Post

    >>Please name for me the economic policies that have made this economy better than it was when Obama took office or when the recession began?

    I would point to:

    • the continued implementation of TARP (I'd say Bush's decision to go with TARP kept us out of a depression)
    • the so-called "economic stimulus" tax cuts (especially for small businesses), public works projects, extended unemployment benefits
    • the 2010 tax cut package (extending Bush-era rates, cutting the payroll tax, cuts for capital improvements and increased R & D credits, raising the estate tax exemption, additional credits for college tuition and children)
    • the decision to rescue the automakers (saved millions of jobs)
    • the Wall Street reforms
    • the ACA, which will help control healthcare costs in the future

    I don't quibble over a lot.. just when facts are wrong.

    TARP didn't save us. TARP propped up failed Banks who had their hands in the pockets of the politicians. Citi, BofA, GS and others should have failed and failed hard. But they got special treatment, Government was better off giving that money to Main Street instead of Wall Street.

    Stimulus created nothing. Stimulus was done in 2010 and it's now 2014 and we still don't have the number of jobs we did in 2007. That's a massive fail. It's also a massive fail because it cost based on who you follow, from $90k to $250k job created. That's 2x to 5xs median income.

    You saved 2 Automakers who were bankrupt prior to the recession. Of which Government lost money on. Ford didn't take a bail out.

    There hasn't been one reform on Wall Street. Frank-Dodd is still in the process of regulation writing which is probably will never be done.

    ACA doesn't keep costs down, it shifts costs to younger people. The typically poorer bunch.

    Quote Originally Posted by mmi View Post
    I think more could have been done, but, as I see it, Mr. Boehner is unwilling to turn his back on the fifty or so Tea Party members of his caucus and help enact legislation that could get, say, 170 Republican votes and 60 from Democrats.
    If you don't comprise and try to swing a big dick every time you speak, you aren't gonna make friends. Clinton made friends and he got alot of **** done. That's the difference.



    Quote Originally Posted by mmi View Post
    In the long run, I think the ACA will have a significantly positive impact of the economy in a variety of ways. I'd say a "healthier" (no pun intended) labour market is one of them.
    ACA won't promote jobs. Rather there has always been a shortage of Doctors and Nurses in the industry. What you will find is less and less Doctors taking hits in Government insurance and go completely private. Thus creating bigger shortages similar to those in the VA which did practice Death Panels.

    Quote Originally Posted by mmi View Post
    The federal minimum hasn't been raised since 2006.
    This is wrong. Minimum wage was raised in 2009. It was the last step of 2007 law. What has changed is inflation rates.


    Quote Originally Posted by mmi View Post
    I think we need to do a lot more to control Climate Change. I think there are economic trade-offs involved.
    Climate changes all the time, we typically call it seasons. Some times it snows, rains, storms, floods, have tornado, hurricane, and sometimes on the same day. It happens. But what doesn't change is stupidity of people who build homes on ocean front property, or on a flood plain, or in tornado alley. Drought in California? Who would of guessed, California has a desert climate in the southern half of the state? Anybody think it was a stupid idea to build farmlands in those areas or even have major cities there? Probably not.. So until we realize this.. there is no reason for the rest of the country to suffer.
    Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office. H.L Mencken

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by mmi View Post
    Ever meet a cop or a fireman in a union?

    >>Haven't been around unions much, have you? It is all about seniority, not quality.

    If you haven't been around them much, how do you know what they're about?
    Government unions are pure evil. Ever met a cop or firefighter making $200,000 plus a year in retirement? I have.
    Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office. H.L Mencken

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by DA60 View Post
    The 288,000 jobs gained is a totally different accumulative process
    Yes. The +288K figure comes from the "establishment" survey, while the number you gave is from the "household" survey. The household survey is used to generate the various measures of under/unemployment, and the figure from CES is really more useful if yer looking to gauge monthly changes in employment. It's published on this page.

    >>I choose mine as there are too many assumptions in the 288,000 model for my taste You don't agree...I don't much care.

    What are the assumptions that concern you? Here is a summary of them from the agency.

    >>retail spending up only 0.1% for April

    But, like I said, up +1.5% in March. These figures bounce around, so a moving average is often more useful. February's number was +0.3%, ao the three-month average is a little more than +0.6%, an annual rate of about 7.5%. I don't see that as "stalling," but I suppose others may judge me to be "clueless or in denial."

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