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Thread: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

  1. #141
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    Yet YOU would still support giving the 'job creators' more tax breaks *shaking head*

    The US corporate business model has changed: It used to be based on sharing profits with workers to incentivize them and generate loyalty. Now, the model has shifted to rewarding not workers, but shareholders and upper management.. So, as corporate profits soar, the rich get richer and workers are told they are lucky to even have a job so stop whining about income disparity.


    The last 40 years of conservati*ve think tank legislatio*n has killed the economy


    Consumer Spending Will Not Save Our economy: Pay Fell 7% in Last Decade and Economists Say It Won’t Catch Up Before 2021; Even College Graduates See Salaries Slide

    Americans’ incomes have dropped since 2000 and they aren’t expected to make up the lost ground before 2021, according to economists in the latest Wall Street Journal forecasting survey.

    From 2000 to 2010, median income in the U.S. declined 7% after adjusting for inflation, according to Census data. That marks the worst 10-year performance in records going back to 1967.


    Business does not create jobs. Jobs are created by consumer demand, CONservative policy kills demand!
    Please share your unique insights elsewhere. They are too puerile for this forum. After a post war and Cold War holiday from history, the US economy has been reintroduced to historic norms derived from world trade.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    Big deal. The population has grown and BHO's economy hasn't kept up.

    Joe Biden: We Never Said They Would Be Good Jobs

    www.tpnn.com/.../joe-biden-we-never-said-they-would-be-good-jobs/
    5 days ago - We didn't guarantee that every new job was going to be a high-paying job.” There you have it. They never guaranteed the jobs would be good.
    Better to lose 673,000+ PRIVATE sector jobs like Dubya did in 8 years, WHILE he went to 2 UNFUNDED wars, gave US 2 UNFUNDED tax cuts, created UNFUNDED Medicare expansion AND was the head cheerleader for the Bankster created housing bubble, go figure!

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    Average? Oh right the ONLY way Bush looks good, using his ponzi scheme numbers

    Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


    2004 Republican Convention:

    Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
    ...

    Thanks to our policies, home ownership in America is at an all- time high.

    (APPLAUSE)

    Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


    DUBYA FOUGHT ALL 50 STATE AG'S IN 2003, INVOKING A CIVIL WAR ERA RULE SAYING FEDS RULE ON "PREDATORY" LENDERS!

    Dubya was warned by the FBI of an "epidemic" of mortgage fraud in 2004. He gave them less resources. Later in 2004 Dubya allowed the leverage rules to go from 12-1 to 33-1 which flooded the market with cheap money!


    GUESS WHAT HAPPENED NEXT? lol

    BTW, CLINTON GAVE DUBYA 4% UNEMPLOYMENT? 5.6%? LOL
    GWB dealt with a war economy. The easy years under Clinton ended. GWB still outperformed BHO.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    Please share your unique insights elsewhere. They are too puerile for this forum. After a post war and Cold War holiday from history, the US economy has been reintroduced to historic norms derived from world trade.

    So GOOD GOV'T POLICY CAN'T STOP THAT HUH? We have to stick with CONservative policies? Why?

    (Re-)Introducing: The American School of Economics

    When the United States became independent from Britain it also rebelled against the British System of economics, characterized by Adam Smith, in favor of the American School based on protectionism and infrastructure and prospered under this system for almost 200 years to become the wealthiest nation in the world. Unrestrained free trade resurfaced in the early 1900s culminating in the Great Depression and again in the 1970s culminating in the current Economic Meltdown.

    Closely related to mercantilism, it can be seen as contrary to classical economics. It consisted of these three core policies:

    protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–70)

    government investments in infrastructure creating targeted internal improvements (especially in transportation)

    a national bank with policies that promote the growth of productive enterprises rather than speculation

    Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.


    American School of Economics


    American School (economics) - Wikipedia, the free encyclopedia

  5. #145
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    Average unemployment under GWB was 5.6%. BHO has yet to get close to that. And growth remains anemic. Case closed.
    The housing bubble kept unemployment down.


  6. #146
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    Better to lose 673,000+ PRIVATE sector jobs like Dubya did in 8 years, WHILE he went to 2 UNFUNDED wars, gave US 2 UNFUNDED tax cuts, created UNFUNDED Medicare expansion AND was the head cheerleader for the Bankster created housing bubble, go figure!
    To which the only reply is: So what? Every POTUS plays the hand he is dealt. GWB played his better than BHO has played his. All US wars have been "unfunded" in the sense that the government borrowed to fight them. GWB's tax cuts gave Clinton's surplus back to the people. I've already shown how wrong you are about Medicare. Next.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    So GOOD GOV'T POLICY CAN'T STOP THAT HUH? We have to stick with CONservative policies? Why?

    (Re-)Introducing: The American School of Economics

    When the United States became independent from Britain it also rebelled against the British System of economics, characterized by Adam Smith, in favor of the American School based on protectionism and infrastructure and prospered under this system for almost 200 years to become the wealthiest nation in the world. Unrestrained free trade resurfaced in the early 1900s culminating in the Great Depression and again in the 1970s culminating in the current Economic Meltdown.

    Closely related to mercantilism, it can be seen as contrary to classical economics. It consisted of these three core policies:

    protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–70)

    government investments in infrastructure creating targeted internal improvements (especially in transportation)

    a national bank with policies that promote the growth of productive enterprises rather than speculation

    Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.


    American School of Economics


    American School (economics) - Wikipedia, the free encyclopedia
    The path to backwardness and poverty.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    GWB dealt with a war economy. The easy years under Clinton ended. GWB still outperformed BHO.

    Nonsense, Obama had a war economy, he went to the 'good war', Dubya CHOSE to go to a bad war AFTER ignoring REPEATED warnings of

    "Bin Ladin Determined To Strike in US -"

    "In a single 17-sentence document, the intelligence briefing delivered to President Bush in August 2001 spells out the who, hints at the what and points towards the where of the terrorist attacks on New York and Washington that followed 36 days later."

    According to the CIA and the 9/11 commission, there were 40 other mentions of Al Qaeda or Bin Laden in the President's Daily Briefs before 9/11

    The President's Daily Brief

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    GWB dealt with a war economy. The easy years under Clinton ended. GWB still outperformed BHO.
    No....they're pretty much the same guy doing the same ****.
    You know the time is right to take control, we gotta take offense against the status quo

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    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  10. #150
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by pbrauer View Post
    The housing bubble kept unemployment down.
    That's laughable. And it doesn't matter anyway. I'm sure that BHO legions of unemployed would be delighted to enjoy a similar "bubble" today.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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