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

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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
    Cart before the horse....businesses will not hire until demand increases, they have no incentive to hire NOW because demand is low. You have to increase demand BEFORE hiring will happen.

    Stop standing on your head.
    Jeez - this is probably why you are one my ignore list.

    You ask the guy a specific question.

    He gives you a relatively detailed answer to that question.

    Then you ignore his answer and write it off with some tired cliche - 'cart before the horse'.

    If you were not going to spend any energy on the answer - why ask him in the first place (don't bother answering - the question is rhetorical)?


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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
    Jeez - this is probably why you are one my ignore list.

    You ask the guy a specific question.

    He gives you a relatively detailed answer to that question.

    Then you ignore his answer and write it off with some tired cliche - 'cart before the horse'.

    If you were not going to spend any energy on the answer - why ask him in the first place (don't bother answering - the question is rhetorical)?

    It wasn't a detailed answer, it was standard RW supply-side pablum. His fatal mistake was implying that this recovery was a "normal" economic time.

    It isn't.

    And as far as "ignoring", why in the hell would you respond to a post I made to someone else, when even in this thread there are responses to YOUR OWN POSTS BY ME?

    Not only do your posts make little sense, your choice of posts to respond to make even less.


    And then when you DO respond.....you don't counter the argument (probably because you can't or because YOU DID NOT READ THE RESPONSE OR THINK ABOUT IT) but instead WHINE about not giving someone else a fair shake.

    If this is your best, do put me on ignore, what a waste of time your posts are.
    Last edited by Gimmesometruth; 09-06-14 at 08:52 PM.
    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.

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

    Quote Originally Posted by ludin View Post
    regulations prevent businesses from expandin when they normally would. they cost businesses money which means either lower pay or less jobs that would normally be created.
    this means less money being generated for workers which leads to less demand.
    Apparently, you haven't noticed that corporations are making record profits during the Obama years.

    The idea that government policies are somehow stifling commerce and/or profits is clearly not based on the evidence.

    Corporate Profits Hit New Highs - Forbes

    Why are US corporate profits so high? Because wages are so low | MacroScope







    also more regulations that cost money means less pay raises. which again leads to less money.[/QUOTE]

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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
    QE=Fiscal stimulus

    Only in Fentonland

    Nice selective quoting you've done there.

    Why not quote the link about their 10 different Stimulus packages I posted ?

    And yes, they entered into Monetary Stimulus to " fix " what couldn't be fixed by borrowing 10 Trillion Yen and spending loads of it on " infrastructure "

    No really, they're just putting off the inevitable by driving down their interest rates to near zero so their debt service amount doesn't equate to 80 percent of their budgeted expenses.

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

    Quote Originally Posted by Visbek View Post
    Apparently, you haven't noticed that corporations are making record profits during the Obama years.

    The idea that government policies are somehow stifling commerce and/or profits is clearly not based on the evidence.

    Corporate Profits Hit New Highs - Forbes

    Why are US corporate profits so high? Because wages are so low | MacroScope







    also more regulations that cost money means less pay raises. which again leads to less money.
    [/QUOTE]

    Its not due to an increase in demand, thats for sure.

    I mean its not due to any conventional means that they're posting these profits.

    Lower operating cost, lots of cheep to near free credit and shares that are artificially inflated thanks to perpetual QE.

    Their decision NOT to take those profits and use them for expansion is a glaring indictment on the policies of the Obama administration.

    They've decided to use some of those profits to buy back shares and the rest they're sitting on.

    That money is stagnant NOT because Corporations are greedy money hogs. Its stagnant because its too risky for them to risk their principle in a Obama economy.

    In States that have incentivized new investment they ARE spending some if those profits by expanding.

    But those types of Business friendly principles run counter to the retarded Progressive notion that success, profits and wealth creation should be penalized.

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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
    Cart before the horse....businesses will not hire until demand increases, they have no incentive to hire NOW because demand is low. You have to increase demand BEFORE hiring will happen.

    Stop standing on your head.
    LOL

    typical ad hominem.

    i can't refute anything so i will just go on the attack.

    no businesses expand to make more money to take up more market. therefore increasing demand by introducing themselves into new markets.
    right now they have no reason to expand because the ROR on expansion is low. what makes it low? all the bloody government regulations.

    obama's regulations have cost businesses billions of dollar of which they could have expanded with and built jobs with.
    no instead all that money was wasted on government compliance.

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

    Quote Originally Posted by Visbek View Post
    Apparently, you haven't noticed that corporations are making record profits during the Obama years.

    The idea that government policies are somehow stifling commerce and/or profits is clearly not based on the evidence.

    Corporate Profits Hit New Highs - Forbes

    Why are US corporate profits so high? Because wages are so low | MacroScope







    also more regulations that cost money means less pay raises. which again leads to less money.
    [/QUOTE]

    That money they are pretty much sitting on and not spending.
    or at least not spending it in major ways like they were.

    Why Are U.S. Corporations Still Hoarding $1.5 Trillion in Cash? - DailyFinance

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

    Quote Originally Posted by ludin View Post
    That money they are pretty much sitting on and not spending.
    Corporations don't make profits by sitting on cash.

    More importantly: Did you not read the link you yourself posted?

    "....looking at Moody's data we see that while corporations did tighten their grip on their cash during the downturn, now, they're spending again. From 2006 through mid-2013, capital spending at American nonfinancial corporations has grown 45 percent to $868 billion annually at last report. Annual dividend payouts by such companies have grown in tandem, up 43.5 percent to $366 billion annually."

    Your own source states that one reason companies are hoarding cash, mostly abroad, for tax reasons. Since Obama didn't actually increase or redesign corporate taxes (in fact, he put in some small tax breaks), it makes no sense to blame him for their decisions.

    Another reason is because the cash they are sitting on is actually borrowed. It's cheap to borrow, so why not have a bigger cushion, in case they need it?

    The only way that government is negatively affecting unemployment rates or the labor market is by cutting back on government (public sector) jobs.




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

    Quote Originally Posted by Visbek View Post
    Corporations don't make profits by sitting on cash.

    More importantly: Did you not read the link you yourself posted?

    "....looking at Moody's data we see that while corporations did tighten their grip on their cash during the downturn, now, they're spending again. From 2006 through mid-2013, capital spending at American nonfinancial corporations has grown 45 percent to $868 billion annually at last report. Annual dividend payouts by such companies have grown in tandem, up 43.5 percent to $366 billion annually."
    Not according to a report from the Fed they aren't.

    'During the first and second quarters of 2014, the velocity of the monetary base2 was at 4.4, its slowest pace on record. This means that every dollar in the monetary base was spent only 4.4 times in the economy during the past year, down from 17.2 just prior to the recession. This implies that the unprecedented monetary base increase driven by the Fedís large money injections through its large-scale asset purchase programs has failed to cause at least a one-for-one proportional increase in nominal GDP. Thus, it is precisely the sharp decline in velocity that has offset the sharp increase in money supply, leading to the almost no change in nominal GDP (either P or Q).'

    What Does Money Velocity Tell Us about Low Inflation in the U.S.? | St. Louis Fed On the Economy

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

    Quote Originally Posted by Visbek View Post
    Apparently, you haven't noticed that corporations are making record profits during the Obama years.

    The idea that government policies are somehow stifling commerce and/or profits is clearly not based on the evidence.

    Corporate Profits Hit New Highs - Forbes

    Why are US corporate profits so high? Because wages are so low | MacroScope







    also more regulations that cost money means less pay raises. which again leads to less money.
    If you analyse these profits, most of them are coming from the overseas component of these corporations. Their domestic profits are minimal (for the most part). Even Walmart is having domestic, same store sales reductions.

    The emerging markets, the stock markets and luxury goods are primarily the reason (imo) for corporate profits...not a healthy domestic economy (which - of course - there isn't one).

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