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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
    fuel taxes pay for road infrastructure.
    Not as much as you think. The politcians play fast and lose with whatever money they get their hands on, and gas taxes is one of their sources of money.
    the Fix-is-in Bureau of Investigation

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

    Quote Originally Posted by Conservative View Post
    Yes and we know how accurate the "official" govt. numbers are. My bet is that 2.8 million are collecting unemployment benefits in your state alone
    Ummm, we're talking the administrative numbers from the state unemployment offices and the federal program data. The initial estimates may be a little off due to incomplete reporting, but you're seriously going to claim massive underreporting of how many people are getting benefits? Why would the state's underreport at all, let alone by that much? And what evidence do you have?
    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 pinqy View Post
    Ummm, we're talking the administrative numbers from the state unemployment offices and the federal program data. The initial estimates may be a little off due to incomplete reporting, but you're seriously going to claim massive underreporting of how many people are getting benefits? Why would the state's underreport at all, let alone by that much? And what evidence do you have?
    It really doesn't matter how many are collecting unemployment benefits what matters are the number of people unemployed, under employed, discouraged workers, that is except to Obama supporters. We know that in mid 2010 there were over 16 million unemployed/discouraged workers and another 8 million permanent part time workers who wanted full time employment. That number is extremely high today and close to 20 million signifying the stagnant and very poor Obama economy

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

    Quote Originally Posted by Conservative View Post
    No, sorry, you have no concept of supply and demand as evidenced by your thoughts about the govt. printing more money thus increasing the supply. What effect will that have on value? As for my ignorance I have already admitted that you are much smarter and superior to me. I only have a BS degree and 35 years experience in the business world dealing with real life not textbook problems including human behavior. I am sure your textbook education trumps that real life experience.

    You have yet to offer a solution to the poverty problem and how you propose to get every American above the poverty line which by the way would make these people upper middle class or upper class in many countries. Your inexperience and lack of real life experience is showing. You talk mumble jumble and say nothing which just shows your inability to comprehend the private sector economy and the vision of our Founders. How is that small central govt and part time legislature working out for us?
    It is only your straw man argument that claims what you do, and your diversion indicates the opposite of what you claim. Full employment of resources in the market for labor would simulate a commodity.

    Why do you believe any private sector in the US would be worse off if every customer could not claim to be in poverty (of money)?

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

    Quote Originally Posted by Conservative View Post
    No problem, just print more money and give people a higher wage or pay them more money to be unemployed, that will certainly not cause inflation and will cause prices to drop, won't it?
    Only if you don't believe in the laws of demand and supply with the public sector "competing" for labor in that market friendly manner.

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

    Quote Originally Posted by eohrnberger View Post
    Not as much as you think. The politcians play fast and lose with whatever money they get their hands on, and gas taxes is one of their sources of money.
    That was not the point; fuel taxes are used for road infrastructure.

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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 is only your straw man argument that claims what you do, and your diversion indicates the opposite of what you claim. Full employment of resources in the market for labor would simulate a commodity.

    Why do you believe any private sector in the US would be worse off if every customer could not claim to be in poverty (of money)?
    Your opinion noted but I know what I did and I know what I think you do. You are in for a real shock when you realize what a fool those textbooks have made out of you. You have no idea what real poverty is and there really isn't a lot of that in this country when compared to the rest of the world. You have spoken in riddles, never given any solutions, use terms like poverty that you don't understand, and apply textbook theory to real life human behavior. I don't think that gives you a lot of credibility

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

    Quote Originally Posted by danielpalos View Post
    Only if you don't believe in the laws of demand and supply with the public sector "competing" for labor in that market friendly manner.
    Friendly manner? The govt. vs the private sector is like an allegator fighting a duck. Better go after one of those public sector jobs because you will never be able to compete in the private sector.

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

    Quote Originally Posted by danielpalos View Post
    That was not the point; fuel taxes are used for road infrastructure.
    Since Fuel taxes go into the General fund how do you know that politicians are using them for the roads? Just another naive comment on your part

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

    Quote Originally Posted by Conservative View Post
    Your opinion noted but I know what I did and I know what I think you do. You are in for a real shock when you realize what a fool those textbooks have made out of you. You have no idea what real poverty is and there really isn't a lot of that in this country when compared to the rest of the world. You have spoken in riddles, never given any solutions, use terms like poverty that you don't understand, and apply textbook theory to real life human behavior. I don't think that gives you a lot of credibility
    Nope; we are Only discussing relative poverty in the US.

    Why do you believe any private sector in the US would be worse off if every customer could not claim to be in poverty (of money)?

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