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Thread: US economy adds 288,000 jobs in June

  1. #171
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Buddha C View Post

    That's why we need a heavily armed society with a liberal interpretation of the 2nd and 1st Amendments.
    That's why we need better limitations on the power of government.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by fmw View Post
    That's why we need better limitations on the power of government.
    That's exactly what I'm saying.

    Let the People have the Powers themselves necessary to limit the abuses of the government. They'll always find a way around everything until we put a physical barrier in the way, i.e. the average military capability of the Constituency.

    Why does one think Hitler made it illegal for Jews to bear arms before he started to institute his most draconian policies?

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Buddha C View Post
    Just give him a few minutes to find a far right think tank to refute you with already refuted papers of their own.
    Hate to say it, but I know you're right....
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by fmw View Post
    It wasn't cause and effect. The private sector growth was fueled by the internet, not tax increases.
    Which explains the current even-longer private sector growth how?

    It doesn't. Neither does it explain the great economy we had when our top marginal tax rate was 90% in the 1950's and 70% in the 1960's.

    Sounds like we completely ignored the current high unemployment rate.
    Never mind that our population's current overall labor participation rate is still HIGHER than at any time before about 1978:

    U.S.-Labor-Participation-Rate.jpg

    Full employment
    And was it private enterprise that drove that nearly-full employment? NO.

    Full employment.
    And during wars, is it private enterprise that drives nearly-full employment? NO.

    ALL the examples of nearly-full employment are due to one thing and one thing only: GOVERNMENT SPENDING...and the taxes that spending requires.
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

    "...with the terrorists, you have to take out their families." - Donald Trump

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Jetboogieman View Post
    BBC News - US economy adds 288,000 jobs in June

    Some positive news for a change.
    i read it.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Buddha C View Post
    Listen, we agree on something very important.

    You cannot trust the experts entirely.

    Why do you think I'm a Socialist?

    Because I read Gailbraith, the Great Worldly Philosphers, studied the IMF Crisis, the 1998 Ruskie Fin. Crisis, the IMF-instigated Malawai famine, the Savage Capitalism of 19th century Central America, the economic conditions leading up to the conflagrations of the (except Guetamal where it was since, iirc 50s or 60s) 80s in war and fratricide (Central America), Pre-39 Nazi Germany, A Monetary History of the United States by Friedman and was able, due probably to luck or some other element of my personality, to read between the lines and see things for what they really were.

    If I'm at the top, I'm going to push everyone else down.

    It's nearly ALL about Relatively.

    The more people at the top, or near the top, the lesser the disparity of Power I have.

    It's only HUMAN, for the Rich to push those below them and keep them down. I would do it too, if I wasn't so well versed in the History of Exploitation and part of a "race" derived from rape and immiseration.
    Fair enough and I appreciate you instigating peace between us - well, a cease fire (lol).

    It sounds like we want more or less the same thing but we just have different ideas how to get there.

    Me?

    I don't trust big business or government...at ALL.

    But at least big business can be forced through economic boycott (like hopefully will happen to the Washington Redskins to change their name) to conform as the masses want.

    But government cannot be once they are elected.
    And, IMO, it is government that is helping big business.

    I agree with socialization to a point...like free health are for children and food/shelter/basic medical for everyone that needs it.

    But - IMO - all programs like too big to fail and corporate bailouts and QE's do is prop up lousy corporations at taxpayers expense.

    I want the least possible power for the federal government (including a massive reduction in the military budget) and death to the Fed.

    Obviously you disagree with much/some of this...and there is no point in beating each other up trying to convince the other.


    Can we not agree we want the best for Americans but that we disagree on the method and move on?

    Believe it or not - I don't like aggregating people.

    I just believe strongly in things.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Glen Contrarian View Post
    Which explains the current even-longer private sector growth how?

    It doesn't. Neither does it explain the great economy we had when our top marginal tax rate was 90% in the 1950's and 70% in the 1960's.



    Never mind that our population's current overall labor participation rate is still HIGHER than at any time before about 1978:

    U.S.-Labor-Participation-Rate.jpg



    And was it private enterprise that drove that nearly-full employment? NO.



    And during wars, is it private enterprise that drives nearly-full employment? NO.

    ALL the examples of nearly-full employment are due to one thing and one thing only: GOVERNMENT SPENDING...and the taxes that spending requires.
    Couldn't disagree more profoundly. Best of luck to you.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by DA60 View Post
    Fair enough and I appreciate you instigating peace between us - well, a cease fire (lol).

    It sounds like we want more or less the same thing but we just have different ideas how to get there.

    Me?

    I don't trust big business or government...at ALL.

    But at least big business can be forced through economic boycott (like hopefully will happen to the Washington Redskins to change their name) to conform as the masses want.

    But government cannot be once they are elected.
    And, IMO, it is government that is helping big business.

    I agree with socialization to a point...like free health are for children and food/shelter/basic medical for everyone that needs it.

    But - IMO - all programs like too big to fail and corporate bailouts and QE's do is prop up lousy corporations at taxpayers expense.

    I want the least possible power for the federal government (including a massive reduction in the military budget) and death to the Fed.

    Obviously you disagree with much/some of this...and there is no point in beating each other up trying to convince the other.


    Can we not agree we want the best for Americans but that we disagree on the method and move on?

    Believe it or not - I don't like aggregating people.

    I just believe strongly in things.
    I don't ignorantly trust Big Government or Business.

    The difference is that Government can serve much more good than Big Business... In *general*.

    "But at least big business can be forced through economic boycott (like hopefully will happen to the Washington Redskins to change their name) to conform as the masses want."

    I believe the All Mighty dollar gives Big Business more power than you think it does.

    As for the Redskins name, as a support of the Native American plight, I think it's a Stupid waste of political capital. They should be more focused on lowering the rate of rape on the reservations, which is 3x the national average, than some ****ing sport team's name.

    "But government cannot be once they are elected.
    And, IMO, it is government that is helping big business."

    I think the Government can be more adequately checked by a well-armed society. While, in theory, this cold hold true for Big Business I just don't see it as having such a great impact. The fear of guns may scare Walmart, but what about the Prison companies that push harder line punishments solely for the purpose of prolonging their access to slave labor? Something about scaring businesses with guns doesn't sit well with me, I don't think I can explain it in words. Something about scaring Politicians with guns... it does sit well with me. Maybe because I view them as our Public Servants, slaves that should be obsequescent (huge sp) to the last.

    "I agree with socialization to a point...like free health are for children and food/shelter/basic medical for everyone that needs it.

    But - IMO - all programs like too big to fail and corporate bailouts and QE's do is prop up lousy corporations at taxpayers expense.

    I want the least possible power for the federal government (including a massive reduction in the military budget) and death to the Fed.

    Obviously you disagree with much/some of this...and there is no point in beating each other up trying to convince the other."

    1. Yes, that's exactly where I believe the line stops. At the *needs* of the Needy. Not much past that, at all.

    2. QE was necessary because it traded toxic non-liquid assets in the market for liquid Gov't dollars. Too Big to Fail is bad, and generally (outside 2008 and other necessities) I agree it is indeed terrible.

    3. I agree with a reduction in military budget, but only to make funds available for reforms that benefit the whole society. Including the rich, as their businesses would grow from increased consumer demand.

    4. I think there is, not "beating" but, and I'll try my best part because I do have a temper lol, a cordial correspondence.

    "Can we not agree we want the best for Americans but that we disagree on the method and move on?"

    I actually could not give two god damn ****s about America.

    I love my Fatherland, Nicaragua and its People's Party, the Sandinistas.

    I just use American policy to sharpen my mental blade so that when I go back to the Fatherland once I get my PhD here (and renige on the gargantuan debt I'll tally) I can be versed enough to actually do some good with my book learning, unlike Wheelock whose reading only led to great pains for my nation during the terrorist campaign the US had against us from 1980-88.

    American policy is my intellectual playground because it is the most discussed here. That is all. To me at least.

    But I want to be wrong, because if somehow I get in power in my Fatherland (political, not top but as an advisory or National Assemblyman) and I make legislature that is bad it will hurt my Fatherland and its Great People. I want to limit that possibility as much as possible. So I come here, with what I've read and get into the grit of polemny because that's the only way to spread the wheat from the chaff of my personal ideals and economic concepts.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by fmw View Post
    Couldn't disagree more profoundly. Best of luck to you.
    Ditto.

  10. #180
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by a351 View Post
    That's plainly incorrect. Full-time employment bottomed out at 108 million and change at the tail end of the recession, and has since rebounded to over 119 million.

    Historical data can be found here: Table A-9. Selected employment indicators
    You are going with the non-seasonally adjusted figures. When you look at the NSA figures, you may notice that there is always a dip in the winter months. It is not atypical to see a million or more jobs lost during the winter. It is as misguided to attribute the gains from that point to Obama as it is to attribute the NSA losses during the winter months to any government body.
    "For what is Evil but Good-tortured by its own hunger and thirst?"
    - Khalil Gibran

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