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

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

    Quote Originally Posted by danielpalos View Post
    It has to do with massive government spending, not the private sector, ending the Great Depression.
    Why would massive government spending be the best way out of a recession, if it is a way out at all? As we can see, super ultra massive government spending has not been able to get this economy going. Obama seems surprised at this, many of us are not surprised in the least, it was expected.
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    There were 9.7 million unemployed last month
    Most of whom were not collecting benefits.

    and another 700,000 discouraged.
    None of whom should be collecting benefits.
    In 2010 that number exceeded 16 million which is a lot closer to 20 million than your 2.8 million number
    Again, you said "collecting unemployment," which means receiving benefits. The BLS numbers are not based on benefits.

    My 2.8 million is the official report on people collecting benefits. Your 20 million claim was ridiculous.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by Anthony60 View Post
    Why would massive government spending be the best way out of a recession, if it is a way out at all? As we can see, super ultra massive government spending has not been able to get this economy going. Obama seems surprised at this, many of us are not surprised in the least, it was expected.
    I'm not seeing the results either. However, I believe I'm seeing the result of the over regulation and business hostile environment as garnered by the Obama regulatory and legislative policies in such an anemic, jobless recovery, if you can call it a recovery at all. Yeah, it's way too late to blame Bush. Sorry, the Dems in congress and Obama own this (*ahem*) recovery (alleged).
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by danielpalos View Post
    why do you believe our Founding Fathers weren't being positive, when they enumerated the delegated power to provide for the general welfare?

    this has nothing to do with Marxism; but merely socialism via our social contract.
    Do please research into what exactly the 'General Welfare' clause of the constitution really means.
    Hint: It's not the now common use of the same language.

    Wikipedia would be sufficient, as they have 2 pretty good articles that summarizes it rather succinctly.
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    How old were you during the Great Depression? It was FDR that prolonged the Great Depression and it was the war that ended it
    you may need to read up on the issue; it was massive government spending that is credited with ending the Great Depression.

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

    Quote Originally Posted by j-mac View Post
    Show me in article 1 section 8
    here it is;

    The Congress shall have power to lay and collect taxes, duties, imposts and excises,

    to pay the debts and provide for the common defense and general welfare of the United States;

    but all duties, imposts and excises shall be uniform throughout the United States;

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

    Quote Originally Posted by danielpalos View Post
    you may need to read up on the issue; it was massive government spending that is credited with ending the Great Depression.
    He disagrees with that take on the matter.

    He is of the opinion that the massive government spending prolonged the Great Depression, and the war ended it.
    Education.

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

    Quote Originally Posted by Anthony60 View Post
    Why would massive government spending be the best way out of a recession, if it is a way out at all? As we can see, super ultra massive government spending has not been able to get this economy going. Obama seems surprised at this, many of us are not surprised in the least, it was expected.
    simply due to the scale economies involved. you may want to look into the Manhattan project.

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

    Quote Originally Posted by eohrnberger View Post
    Do please research into what exactly the 'General Welfare' clause of the constitution really means.
    Hint: It's not the now common use of the same language.

    Wikipedia would be sufficient, as they have 2 pretty good articles that summarizes it rather succinctly.
    I prefer not to Appeal to Ignorance of our own laws.

    The Congress shall have power to lay and collect taxes, duties, imposts and excises,

    to pay the debts and provide for the common defense and general welfare of the United States;

    but all duties, imposts and excises shall be uniform throughout the United States;
    The general powers are specifically enumerated. Why should anyone believe they are not real powers?

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

    Quote Originally Posted by The Mark View Post
    He disagrees with that take on the matter.

    He is of the opinion that the massive government spending prolonged the Great Depression, and the war ended it.
    It was massive public spending on the war, that helped end the Great Depression.

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