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

  1. #391
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by DA60 View Post
    A few other sources that think the 'recovery' started in 2009:

    The U.S. Economic Recovery: Long, Slow, but Still Going - Businessweek

    The recovery began in 2009 but 2013 will get the credit [UPDATE] - UPI.com


    So, UPI, Businessweek and the the Pew Research Center (for starters) saying the recovery began in July, 2009.

    Jeez...even Paul Krugman agrees with me (that it started in 2009 anyway).

    'And the free fall has ended. Last week’s G.D.P. report showed the economy growing again, at a better-than-expected annual rate of 3.5 percent. As Mark Zandi of Moody’s Economy.com put it in recent testimony, “The stimulus is doing what it was supposed to do: short-circuit the recession and spur recovery'

    http://www.nytimes.com/2009/11/02/op...02krugman.html


    I give up on this.

    Anyway, I have made my point...you don't agree, so be it.

    I are done here.


    Good day.
    Is it blatant dishonesty that you are completely missing my point, or do you just simply not get it? Given your reputation, I suspect I know the answer to my question.

    I'll say it once more, and if you have a shred of decency, you'll acknowledge the point...Yes, everyone. The fact you found an article which agrees the recession technically ended in summer 2009 (which even I said was true) doesn't change the fact the EFFECTS from the recession continued on long after.

    Seriously, just once...do the non-biased thing. You've been proven wrong every step of the way, just admit it.

  2. #392
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by FaceofBachmann View Post
    There's nothing more amusing than hearing a conservative pretend to care about unemployed people finding work.


    Says the guy who equates a High LFPR to " Ethiopia ".

  3. #393
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by beefheart View Post
    Face it, Mitt would have been jumping up and down and farting quarters if he had 5.9 half way through his first term.

    Try as you might, the number is good news for America.

    Its Good news for Liberals and Democrats in America.

    For those who demand a bit more context to their economic indicators ? Not so much.

  4. #394
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by upsideguy View Post
    Given that I spent much of the last decade as a officer and board member of a petroleum service business, I think I know a little about pipelines, although I admit our business served the upstream sector of the petroleum industry. Sorry, but you don't get to shoot down my credentials.

    Pipelines really do not create a ton of secondary jobs. I still think the hotel creates more. That all said, you are still missing my point (probably because I am indulging you in your tangents)... when it comes to job creation, the Keystone pipeline is much to do about nothing: it just doesn't create that many jobs.

    If that's true, then you should know that someone has to make the pipe, coat the pipe, haul the pipe, clear the right-of-way, rent the equipment to clear the right-of-way, operate the equipment, haul the equipment, fix the equipment, dig the ditch, build the mats, lay the pipe, cut the pipe, bend the pipe, weld the pipe, x-ray the weld, pressure test the line. Coat the joints, backfill, dress, mop-up and I probably missed a half dozen other stages in the process. We're talking about more than two thousand jobs.
    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.

  5. #395
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by pinqy View Post
    It's been declining since 2000. But why do you think that's a problem?
    http://www.google.com/url?sa=t&rct=j...K7kRQ4co7wImgQ

    The tax base contains less workers, which is not a good thing. But no matter how you look at it, the most important factor that affected the published change in unemployment has nothing to do with Obama policies. That is, he didn't reduce unemployment. Baby Boomers retiring helped him look good. He's not creating enough jobs to make a dent. We need a larger working population.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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

    Quote Originally Posted by beefheart View Post
    Face it, Mitt would have been jumping up and down and farting quarters if he had 5.9 half way through his first term.

    Try as you might, the number is good news for America.
    This is what Obama has done for America since he took office:

    Here is how the various age groups have done during that time (Jan. 2009 to today):

    16-19... -686,000
    20-24... +771,000
    25-54... -1,086,000
    55 and up...+5,417,000

    Since Obama took office, by my calculations, 1,001,000 less Americans under 55 are employed...but 5,417,000 more Americans over 55 are employed!?!

    So, those numbers are good news for Americans? If you're a senior, yes. For almost everyone else, nope.

  7. #397
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by Fenton View Post
    Hmm...then they backed off a bit. It was over 50 percent.

    Still a substantial amount and a clear indicator that they're not as confident in these jobs numbers as some of the posters here are.
    The economy did not reach pre-recession levels of private investment until last year. There were 2.33 million jobs created from Sept 2013 to Sept 2014.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by American View Post
    http://www.google.com/url?sa=t&rct=j...K7kRQ4co7wImgQ

    The tax base contains less workers, which is not a good thing. But no matter how you look at it, the most important factor that affected the published change in unemployment has nothing to do with Obama policies. That is, he didn't reduce unemployment. Baby Boomers retiring helped him look good. He's not creating enough jobs to make a dent. We need a larger working population.
    Increase rates on the top bracket. Tax problem solved, and job problem solved, as locked up capital gets back into the economy.

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

    Quote Originally Posted by FaceofBachmann View Post
    Increase rates on the top bracket. Tax problem solved, and job problem solved, as locked up capital gets back into the economy.
    The rich invest their money, why do you think most of the income is from capital gains? Tax problem not solve, nor deficit , nor debt.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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

    Quote Originally Posted by FaceofBachmann View Post
    Increase rates on the top bracket. Tax problem solved, and job problem solved, as locked up capital gets back into the economy.
    It's more complicated than that. The top single tax bracket tops out @ $400,001. Should a person earning $400,001 pay the same rate as a person earning $40 million?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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