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

  1. #911
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    It must be quite lonely being as smart as you think you are and yet you say nothing. We have over 100 million Americans on some form of taxpayer assisted welfare, 17.3 trillion in debt, 250 billion a year in debt service, low economic growth, high unemployment and yet you still buy the liberal rhetoric and multiplier effect of unemployment and welfare? Liberalism is a bad disease that needs to be eradicated. Think for a change and stop buying the liberal rhetoric.
    nope; just unemployment because it is more market friendly and conforms to Individual Liberty. Any increase in demand may require more labor to meet it. It really is that simple.

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

    Quote Originally Posted by Conservative View Post
    What wealth does the Federal Govt. create and what value does printing money generate? You really don't understand monetary policy either.
    It creates enough wealth to make our capital world, go around.

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

    Quote Originally Posted by Anthony60 View Post
    I already pointed out that that is not creating wealth, it just dilutes the money supply. The amount of wealth stays contant, it does not increase by printing money off a press.
    Yes, spending money on goods and services may create enough wealth (profit) to invest in better widget technology at potentially lower cost.

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

    Quote Originally Posted by Conservative View Post
    You are right, Daniel, I am clueless, totally ignorant after spending 35 years in the business world, employing thousands of employees, and helping generate individual wealth. I really should have been smarter like you, I only got a BS degree, worked my entire life yet have no clue how the economy works like you do. Seems to me living in the socialist republic of California has destroyed your mind. I sure wish you would educate me and others here by giving us your solution to the problems this country faces. All I see is someone promoting printing more money and creating endless unemployment insurance along with a govt. that you believe creates wealth. Couldn't be further from what our Founders created and that which you ignore
    So what; simply having a degree and appealing to ignorance or diversion only results words that rhyme with cupid. Solving simple poverty instead of merely paying for a war on poverty is one, tax reducing goal.

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

    Quote Originally Posted by DA60 View Post
    Dunno.

    But remember, the 288K job creation number is not the only number put out by the BLS. They also said that - using a different form of computation/estimation - that 73,000 jobs were lost in April. And that the labor force shrunk by 806,000 people.

    Employment Situation Summary Table A. Household data, seasonally adjusted. 4th and 2nd lines, respectively.


    Both GDP and labor numbers were lousy.

    If it was 'the weather' - then it maybe an aberration (even though more then half of the nation's population never/rarely sees any snow).

    If it wasn't some 'my dog ate my homework' reason...we shall see.
    I know the created jobs were not the highest paying jobs. A bummer. People being employed should increase spending. I am hoping for the bump.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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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 creates enough wealth to make our capital world, go around.

    The govt. creates no wealth by printing money but can contribute to wealth creation by creating the atmosphere for the private individual to create personal wealth. You don't seem to understand the concept. The more money the govt. prints the less value for the dollars in the economy now, inflation is created and it takes more dollars to buy individual items and wealth is diluted

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

    Quote Originally Posted by danielpalos View Post
    So what; simply having a degree and appealing to ignorance or diversion only results words that rhyme with cupid. Solving simple poverty instead of merely paying for a war on poverty is one, tax reducing goal.
    It does not benefit politicians to solve poverty as poverty creates dependence and that is what gives those politicians their power. You really are very naive and that will change with age and experience.

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

    Quote Originally Posted by Conservative View Post
    The govt. creates no wealth by printing money but can contribute to wealth creation by creating the atmosphere for the private individual to create personal wealth. You don't seem to understand the concept. The more money the govt. prints the less value for the dollars in the economy now, inflation is created and it takes more dollars to buy individual items and wealth is diluted
    You are omitting fiat money's value as a medium of exchange.

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

    Quote Originally Posted by Conservative View Post
    It does not benefit politicians to solve poverty as poverty creates dependence and that is what gives those politicians their power. You really are very naive and that will change with age and experience.
    lowering our tax burden through simplification of public policies can also have an effect on politicians claiming to be for lower taxes. why not get a clue and a Cause.

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

    Quote Originally Posted by danielpalos View Post
    The socialism of our social contract and supreme law of the land cannot be nothing, simply because you cannot Appeal to Ignorance of it.
    What exactly are you refering to with "The socialism of our social contract and supreme law of the land"? To tell you the truth, I'm not even sure what that sentence means, if we can call it one.

    Are you really trying to claim copyrighting and patents are "useless and create nothing"?
    They don't really create anything now, do they? They have a use of protecting works created by someone, not the government.
    "We have met the enemy and they are ours..." -- Oliver Hazard Perry
    "I don't want a piece of you... I want the whole thing!" -- Bob Barker

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