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Thread: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To 6.1

  1. #41
    Villiage Idiot
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    Quote Originally Posted by Fearandloathing View Post
    Why always such attitude from Obamaland?

    I don't believe the graph any more than anything else to come out of this administration.

    And if you don't know what it is I am trying to say, don't expect "someone" to do your work for you.

    Thanks for playing but I am really tired of the attitude.
    Sounds to me that you are saying that you don't believe the facts because they don't fit your political viewpoint.

    I have to admit that sometimes I enjoy living in my own little fantasy world also, free from the distractions of reality.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  2. #42
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    Quote Originally Posted by imagep View Post
    And worse infrastructure and education would result in more jobs?
    No, the progressives keep pushing this Keynesian narrative, this investment in infrastructure and education as a SOLUTION to our economic problems.

    Its NOT a solution, its just a way to build up massive debt and ignore the REAL reasons the sucks economy

    Its ideology over practicality and functionality and that's just dangerous.

    Japan went through TEN stimulus during the 90s spending 10 Trillion Yen trying to climb out of a economic hole.

    They spent large amounts of that on " infrastructure " only to enter into more stimulus ( this time monetary and fiscal ) to fix the failed stimulus of the past.

    How's Japan doing right now ?

    So NO, I don't think we should copy their failed policies.

    How about something that actually WORKS.

  3. #43
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    Quote Originally Posted by a351 View Post
    Yeah, it's almost as if they're listening to economists.


    LOL !

    Who ? Krugman ?

    Their listening to their left wing Political ideology and nothing else.

    Because they're definitely NOT advocating something that will actually work.

  4. #44
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    Quote Originally Posted by Fenton View Post
    Yea the St Louis Fed came out and blamed the continued economic misery on people " hoarding " their money.

    Wow.

    I wonder WHY people aren't spending ? Could it be they've lost confidence in our economy ?
    Sure, the vast numbers of consumers have cut back because of the lack of "confidence fairies", not because of declines in household wealth or real wage declines.

    Excellent analysis....confidence fairies.

    And advocating fiscal stimulus as a solution after Japan's failed 10 Trillion Yen attempt to right their economy in the 90s takes a special kind of blind allegiance

    They even spent loads of that stimulus on " INFRASTRUCTURE ".... Lol
    Japan? We shouldn't do infrastructure now because Japan did it in the 90's?

    FFS fen, you have little understanding of the current US situation...and you think a distraction to an economy you less about makes for good argument?

    We know that the very small level of actual infrastructure funding in the ARRA had a big return.....but this talk is just talk....funding will not come out of Congress. So not only is it pointless to debate you on DEMAND (since you think the issue is confidence fairies), it is even more pointless to expect a direct solution to demand via infrastructure spending.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  5. #45
    A Man Without A Country
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    Quote Originally Posted by DA60 View Post
    What the masses don't seem to realize is that you can theoretically have an unemployment rate of zero and have no more people employed then there are now.

    It's government creative math, IMO.

    Find ways to legally not count the unemployed and you magically lower the unemployment rate without anyone actually finding new jobs.

    That is why I believe that the U-6 is a FAR more accurate measurement of the U.S. national employment situation then the U-3 (btw, the U-6 is currently 12.0%).

    Table A-15. Alternative measures of labor underutilization
    The U-6 is most definitely more reliable. Heck, I learned that in my high school economics class.
    "And in the end, we were all just humans, drunk on the idea that love, only love, could heal our brokenness."

  6. #46
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    More jobs is good. The number of people on welfare though, is bad. Meanwhile

    There were 4.7 million job openings on the last business day of June, little changed from 4.6 million in May. The hires rate (3.5 percent) and the separations rate (3.3 percent) held steady in June. More...

  7. #47
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    Quote Originally Posted by Fenton View Post
    LOL !!

    The Keynesians are blaming it on a cartoon characterization of the richest 1 percent.

    Its hillarious ! The existence of rich people in our society, ( Because you know, they've never existed before ) is causing our economic misery.
    I see that English is not the only issue, it also is a matter of comprehension.

    so let see if this gets through....I'll write it slowly...

    Lack of DEMAND has a number of causes....one being that since 1980 real wage gains have declined for mid/low quintiles while top quintiles have maintained/increased their income gains.....due primarily to POLICY changes. Since the Great Recession, the top are still making gains while everyone else has seen declines. You have acknowledged this and blamed policy.

    I don't blame the wealthy, they do what they are allowed......but this is only one aspect to the demand issue.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  8. #48
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    Quote Originally Posted by Gimmesometruth View Post
    Primarily due to....a lack of well paying full time jobs.

    Any solutions?
    Reduce the barriers to creating them, and seek to increase the profit margin from doing so.

  9. #49
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    Quote Originally Posted by imagep View Post
    And worse infrastructure and education would result in more jobs?
    Perhaps a better way of saying it is:

    "Would taking resources currently being allocated by the market, and shifting them to being allocated by politicians be likely to increase, or decrease the effectiveness of their allocation?"

  10. #50
    #NeverTrump
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    Re: Jobs Report: U.S. Economy Added Just 142,000 Jobs In August, Unemployment Down To

    Quote Originally Posted by Fenton View Post
    LOL !

    Who ? Krugman ?

    Their listening to their left wing Political ideology and nothing else.

    Because they're definitely NOT advocating something that will actually work.
    A relevant and very informative poll:

    Poll Results | IGM Forum

    The idea is hardly a contentious one among those who actually study this stuff for a living

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