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Thread: U.S. Economy Shrinks By Most Since Great Recession in 1Q[W:487:681]

  1. #21
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Slyfox696 View Post
    That may be, but he just mentioned Obamacare.
    Agreed, so I suspect you'll go along with the facts which show there is no support for your assertion that Obamacare is killing jobs and job growth. Otherwise, you'll be in Egypt.

    Yes, the worst non-recession growth since the last major economic collapse.

    Let's focus on the facts. The job growth over the last 12 or so months, outside of the harsh winter, has been the strongest it's been in nearly a decade. That includes several years before the economy collapsed. There is simply no evidence that Obamacare is hurting job growth, especially since job growth has, outside of winter, been getting stronger since the individual mandate went into effect.

    Anyone who wants to deny some of the strongest job growth in nearly a decade just so they can blame a policy to which they are opposed is more likely the one with their head up their rear.

    For your assertion that Obamacare is killing jobs/growth, you have to provide evidence to support it, and using a job market which appears to be accelerating is not the way to do it.
    Come on Sly, you are smarter than this. Job growth strongest in over a decade ignores the 9 million jobs Bush created from 2001-2007 and ignores the economic growth prior to the Democrats taking control of Congress. Stop carrying water for this incompetent Administration as it makes you look foolish.

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Slyfox696 View Post
    Except the statistics do not support this assertion. Yes, the first quarter was down, but by nearly every non-political opinion, it was due to the rough winter. The winter theory holds credibility because the jobs reports since the winter have all had job increases over 200,000, as did most of Q3 of last year.

    With the exception of the harsh winter, our job growth from Q3 and Q1 is the strongest it has been in almost a decade. I'm sorry, unless previously released jobs numbers get revised downward (which is possible), there's just no evidence to support your theory of Obamacare killing jobs and job growth.

    Source: Bureau of Labor Statistics Data
    Yeah, but the jobs created are of the McDonald's/WalMart variety...basically near-useless for solid, long term growth.

    Since March, 319,000 jobs in the all important 25-54 age range have been lost.

    Outside of the rich, the U.S. economy is stagnant.

    Table A-9. Selected employment indicators
    Last edited by DA60; 06-25-14 at 11:52 AM.

  3. #23
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Conservative View Post
    Come on Sly, you are smarter than this. Job growth strongest in over a decade ignores the 9 million jobs Bush created from 2001-2007
    First of all, the job growth from September 2005 to 2007 was mostly paltry. Second of all, the job growth from 2001-2005 is irrelevant to the discussion RedAskton and I were having.

    He blamed Obamacare for jobs not being there. I pointed out the job market has been growing in the last 12 months quite well, the best in nearly a decade.
    Quote Originally Posted by DA60 View Post
    Yeah, but the jobs created are of the McDonald's/WalMart variety
    Which has what to do with what I was debating with RedAkston?

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Slyfox696 View Post
    That may be, but he just mentioned Obamacare.
    Agreed, so I suspect you'll go along with the facts which show there is no support for your assertion that Obamacare is killing jobs and job growth. Otherwise, you'll be in Egypt.

    Yes, the worst non-recession growth since the last major economic collapse.

    Let's focus on the facts. The job growth over the last 12 or so months, outside of the harsh winter, has been the strongest it's been in nearly a decade. That includes several years before the economy collapsed. There is simply no evidence that Obamacare is hurting job growth, especially since job growth has, outside of winter, been getting stronger since the individual mandate went into effect.

    Anyone who wants to deny some of the strongest job growth in nearly a decade just so they can blame a policy to which they are opposed is more likely the one with their head up their rear.

    For your assertion that Obamacare is killing jobs/growth, you have to provide evidence to support it, and using a job market which appears to be accelerating is not the way to do it.
    2.9% reduction in growth is now acceleration? I suppose it is just in the wrong direction.

    And if you don't think it is killing job growth, I have no idea what planet you are currently living on. So many employers where I live are not able to hire because of the increased costs that come from Obamacare. Where I work, we recently expanded and they only promoted 60% of what they needed to, numbers wise, because of the increased cost of adding so many full time employees. Full-time jobs in my industry are almost impossible to come by and business is down from last year at this time overall.

    I work in the casino business and I live in a city that relies heavily on tourism. Fewer people have disposable income, businesses are contracting and job growth is falling behind those who are falling off the unemployment rolls. The job participation rate is the lowest in how many years? If you want to do some research, check out those jaw-dropping stats!

    The ACA, regulations and the economic policies of this administration are absolutely killing our economy. To deny this is to do so from either ignorance of the world around them or from intellectual dishonesty. So what is it with you specifically?
    Welfare (Food Stamps, WIC, etc...) are not entitlements. They are taxpayer funded handouts and shouldn't be called entitlements at all. Social Security and Veteran's benefits are 'Entitlements' because the people receiving them are entitled to them. They were earned and paid for by the recipients.

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Slyfox696 View Post
    First of all, the job growth from September 2005 to 2007 was mostly paltry. Second of all, the job growth from 2001-2005 is irrelevant to the discussion RedAskton and I were having.

    He blamed Obamacare for jobs not being there. I pointed out the job market has been growing in the last 12 months quite well, the best in nearly a decade.
    Which has what to do with what I was debating with RedAkston?
    Nothing.

    I was pointing out that your 200,000 job growth number is a smoke screen for an underlying problem.

    You Obama/big government supporters keep talking up the headline job growth numbers without looking under the surface.

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by RedAkston View Post
    2.9% reduction in growth is now acceleration? I suppose it is just in the wrong direction.
    Way to only look at one quarter. You're smarter than to pass that argument off, I don't know why you tried. Why not look at every quarter since Q3 of 2009?

    And if you don't think it is killing job growth, I have no idea what planet you are currently living on. So many employers where I live are not able to hire because of the increased costs that come from Obamacare.
    Anecdotal evidence versus statistics. Which to believe...

    The ACA, regulations and the economic policies of this administration are absolutely killing our economy.
    Except statistics don't support that.

    To deny this is to do so from either ignorance of the world around them or from intellectual dishonesty. So what is it with you specifically?
    Aww, your false dilemma fallacy was cute, but rather transparent.

    Why do you ignore the fact the last 12 months has seen some of the strongest job growth in the last decade? Why do you ignore that, since Q3 2009, we've only had two negative GDP quarters? Why do you ignore most non-political analysts blame the harsh winter for Q1?

    Why do you ignore the facts?
    Quote Originally Posted by DA60 View Post
    Nothing.
    Well, thank you for your contribution of nothing then.

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Slyfox696 View Post
    Way to only look at one quarter. You're smarter than to pass that argument off, I don't know why you tried. Why not look at every quarter since Q3 of 2009?

    Anecdotal evidence versus statistics. Which to believe...

    Except statistics don't support that.

    Aww, your false dilemma fallacy was cute, but rather transparent.

    Why do you ignore the fact the last 12 months has seen some of the strongest job growth in the last decade? Why do you ignore that, since Q3 2009, we've only had two negative GDP quarters? Why do you ignore most non-political analysts blame the harsh winter for Q1?

    Why do you ignore the facts?
    Well, thank you for your contribution of nothing then.
    You are welcome.

    Do you deny that 319,000 jobs in the 25-54 age range have been lost since March?

    Yes or no, please?

    And do you deny that this is the most importnt age range of the economy?

    Yes or no, please?

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by RedAkston View Post
    As many of us not left of center have been saying, Obamacare is killing jobs and job growth. If it is not repealed, our country's better days will be behind us and not in our future. We are now in an out-of-control downward spiral economically. It will be entertaining at least to see the administration, the pundits and the apologists try to spin their way out of this one.

    Obama is an abysmal failure and his policies are now coming to fruition. Can't blame this on Bush can they.

    Obama is the product of a father who knew nothing about government but despotism and a mother who saw to it that he was raised with a socialist mentality and educated in a communist school. His father was a muslim, and in the muslim world that makes Obama a muslim. He has clearly shown himself to be a terrorist sympathizer, and has violated American policy of not negotiating with terrorists. How could the narrow majority of Americans who elected him have been so ignorant of this man's background?
    Redneck, hillbilly, fundie, Bible thumper, cracker, split tails, geezer, loon, xenophobe, islamaphobe, and homophobe are not words of tolerance.

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by tres borrachos View Post
    You are correct, Red. They can't blame this on Bush, but that certainly won't stop them.

    Obama will say something profound on this issue, like "I inherited this mess and the Republicans have done nothing but obstructed all of my efforts to help Main Street", and the Obamabots will bob their collective heads in agreement, say what a wonderful smart man he is, and that this is all because of Bush, Cheney, Halliburton, and the Party of No.
    Sadly the well informed are helpless to disagree. The way Obama talks Bush is still president.
    Redneck, hillbilly, fundie, Bible thumper, cracker, split tails, geezer, loon, xenophobe, islamaphobe, and homophobe are not words of tolerance.

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by DA60 View Post
    You are welcome.

    Do you deny that 319,000 jobs in the 25-54 age range have been lost since March?
    You are correct.

    Do you deny that (using your source) in the last 12 months, roughly 500,000 jobs have been created in the 25-54 range, even after excluding the 319,000?

    Yes or no, please?

    And do you deny that this is the most importnt age range of the economy?

    Yes or no, please?

    And would you agree 12 months is a much better measure than 3 months?

    Yes or no, please?
    Last edited by Slyfox696; 06-25-14 at 12:14 PM.

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