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Thread: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

  1. #301
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by apdst View Post
    Oh, wait...a job is a job, right?
    No....

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by Deuce View Post
    No, Republicans are the ones dragging their feet in order to sabotage the economy. Have to keep things bad until after the elections.
    I dont see the Democrats working. What exactly has the Senate done to balance the budget, reduce the debt, reign in spending, put forth pro growth policies? I know the House has passed several plans. They could even amend those.

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by upsideguy View Post
    No....
    It takes a helluva lot more people to build a thousand miles of pipeline than it does to build a hotel.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by upsideguy View Post
    of course, the Keystone pipeline has very little to do with the economy since it creates very, very few jobs. In fact, more jobs would be created by building a Hyatt Hotel than would be created by the Keystone pipeline..... then again, creating more jobs in fossil fuels isn't exactly particularly forward thinking, is it?
    Yeah, why would we create jobs there, it is only the engine that drives our economy. Let's throw our tax dollars at solar companies and watch the money disappear as they go bankrupt, that's the smart move.
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by Anthony60 View Post
    Yeah, why would we create jobs there, it is only the engine that drives our economy. Let's throw our tax dollars at solar companies and watch the money disappear as they go bankrupt, that's the smart move.
    Bankruptcies are a part of entrepreneurship. They are a part of what makes our economy great. How many early automobile companies, airlines, computer companies are still with us? Most are gone. Yet, they worked collectively to commercialize new technologies, bring them to market and promote them as part of the American economic fabric. Being afraid of bankruptcy is being afraid of free enterprise and growth. Our economy will not move forward if we are too afraid of the future and too afraid of failure.

    There have been a number of success stories already in solar energy and non-fossil fuel.... most notably, Tesla. But here are a ton of publicly traded stocks:

    Solar Stocks - News and Discussion | Alt Energy Stocks

    http://www-beststocks.com/top-solar-...-for-2015.html

    http://exploringgreentechnology.com/...rgy-companies/

    It is interesting that the top solar companies in the world are not American. Probably because we are so obsessed with fossil fuels and living in the past. Going through life afraid of investing in something that might not work out is for pussies; not to mention, rather a-American.

    I have no problem with job creation. The market will do that just fine. OTH, there are certain industries that have thrived on the exploitation of workers (perhaps via blantant disregard for worker safety, ignoring work rules or substandard wages) or of their fellow citizens (dumping of toxic waste or air pollution). I have no problem with government regulation, and more important, enforcement, in such circumstances, even if it costs jobs. Because, if such actually costs jobs, it is indicative that the economics of the business relied on the ability to exploit and thus it was a bad business.
    Last edited by upsideguy; 10-05-14 at 02:36 PM.

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by upsideguy View Post
    Bankruptcies are a part of entrepreneurship. They are a part of what makes our economy great. How many early automobile companies, airlines, computer companies are still with us? Most are gone. Yet, they worked collectively to commercialize new technologies, bring them to market and promote them as part of the American economic fabric. Being afraid of bankruptcy is being afraid of free enterprise and growth. Our economy will not move forward if we are too afraid of the future and too afraid of failure.

    It is interesting that the top solar companies in the world are not American. Probably because we are so obsessed with fossil fuels and living in the past. Going through life afraid of investing in something that might not work out is for pussies; not to mention, rather a-American.

    I have no problem with job creation. The market will do that just fine. OTH, there are certain industries that have thrived on the exploitation of workers (perhaps via blantant disregard for worker safety, ignoring work rules or substandard wages) or of their fellow citizens (dumping of toxic waste or air pollution). I have no problem with government regulation, and more important, enforcement, in such circumstances, even if it costs jobs. Because, if such actually costs jobs, it is indicative that the economics of the business relied on the ability to exploit and thus it was a bad business.
    That's just kind of silly to say, "Bankruptcies are a part of entrepreneurship." Kind of a general statement there. That really does not cut it when I see Obama flushing our tax dollars down the toilet because he's decided that we need to go solar now. Oh, and our government is not an entrepreneur, so they shouldn't be propping up these companies anyway. And even with millions of our tax dollars handed over to them, they failed anyway. Talk about a bad business model.
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by apdst View Post
    It takes a helluva lot more people to build a thousand miles of pipeline than it does to build a hotel.
    More, yes. A lot more? Not really..... 2,000 jobs for two years during construction; 35 jobs thereafter.

    http://www.newsweek.com/state-depart...nt-jobs-228898

    In comparison, Starwood Hotels employs 171,000 in 1170 properties. That means the average hotel employs 150 people, granted mostly low wage, but that isn't point. The point is that Keystone may make economic sense for TransCanada, but it isn't what people make it out to be: a big producer of jobs. I do not know how many jobs are created in the construction of a major hotel. I did find an average cost of a major hotel at about $100M, of which $60M construction cost. If you assume 50% of that is labor, or $30M at an average labor cost of $80K, we have about 400 jobs created in the building of your run of the mill luxury hotel.

    Again, in comparison, from a job creation standpoint, Keystone is a yawner.

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by j-mac View Post
    So you both say...The fact that the BLS is now under the control of the DoL, and that is a political appointee leaves pause in the way they report numbers...Remember in the 2012 election when it was being said by both demo, and conservative pundits that the UE rate just had to drop below 8% for Obama to overcome the stat for election? Then magically right before the election, presto the number dropped below 8%.... Then after the election it was adjusted back to 8%.

    It's crap like that which makes people believe that the books are cooked....
    The secretary of labor has no access to BLS data. The BLS Commissioner is a presidential appointee, but in off years. Dr Keith Hall was appointed by Bush in 2007 and continued to serve under Obama until 2012. He was not replaced until 2013.

    The UE rate did drop to 7.8 forSeptember 2012 (published in October), but the October data was released in November, 4 days before the election and the rate went up to 7.9%. The September rate was not revised...you made that up.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by apdst View Post
    It takes a helluva lot more people to build a thousand miles of pipeline than it does to build a hotel.
    And when it is done in a few years how many jobs will be left then? A Hotel needs employees during its entire existence.

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by iguanaman View Post
    And when it is done in a few years how many jobs will be left then? A Hotel needs employees during its entire existence.
    Yoi think that's the last pipeline that'll ever be built?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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