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Thread: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

  1. #41
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by Crovax View Post
    People dont vote on numbers, the unemployment rate could be 0.1% but if a guy has been out of work the past 8 years he not going to think that those policies are working. The fact is there are a lot of people out of the workforce who would rather be in it and that 5.5% means jack **** to them.
    If everyone just votes on their personal situation, then the dems should be in good shape because there are about half as many people unemployed as there was at the peak of the recession.
    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.

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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    labor participation rate only counts those 16 to 65 so it doesnt matter how big the percentage of our population is over 65 it has no bearing on the rate and I will again point out that if baby boomer early retirement was the major cause of the rate drop then in 2011 when the baby boomers aged out of the rate calculation the rate would start to flatten out but it hasnt.

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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Government
    ‘Do Nothing Congress?’ House Passed More Than 350 Bills That Sit on Harry Reid’s Desk, Says Congresswoman
    Aug. 1, 2014 9:02pm Mike Opelka
    3.6K
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    Editor’s Note:

    Rep. Marsha Blackburn joined Mike Opelka on Saturday morning on TheBlaze Radio's "Pure Opelka." You can listen to the interview, starting at the 10:30 point of the broadcast, here.

    According to many liberal media outlets, the House of Representatives has been a complete failure. Hosts and guests on various MSNBC programs frequently call this the “Do Nothing Congress,” while slamming the GOP leadership for the lack of bills being passed.

    Is this an accurate portrayal?
    Image: MSNBC

    Image: MSNBC

    Al Sharpton and Ed Schultz have repeatedly bludgeoned their viewers with statistics and charts claiming that this Congress has been the least productive legislative body in America’s history.

    However, according to Rep. Marsha Blackburn (R-Tenn.), the House has passed a bevy of bills that are sitting on Harry Reid’s desk in the Senate.

    How many bills? Blackburn told TheBlaze that 356 bills made it through the House and are languishing in the Senate.

    Additionally, according to the congresswoman, 98 percent of those bills were passed with bipartisan support. She also pointed out that 200 of the bills were passed in the House with unanimous support from the entire chamber and more than 100 were passed with 75% support of House Democrats.

    To make her point that the House is working, but the Senate is where the obstruction exists, Blackburn printed all of the bills that the House has passed and stacked them on a desk with a Harry Reid nameplate. She took a photo standing next to the pile of bills and posted it on her Twitter account. (When Blackburn started this campaign, 332 bills had been passed. At press time, that had number increased to 356.)

    332 bills #StuckInTheSenate pic.twitter.com/vxw93nFHfD

    — Marsha Blackburn (@MarshaBlackburn) July 25, 2014

    Kansas Congresswoman Lynn Jenkins pointed out the bipartisan support for the House bills.

    Numbers never lie: Over 50% of the 352 bills sitting on Harry Reid's desk passed the House unanimously, zero opposition. #StuckInTheSenate

    — Lynn Jenkins (@RepLynnJenkins) July 29, 2014

    Rep. Larry Putnam (N.C.) posed with the pile and sent a message to Reid.

    We Have Been Abused by Obama,Under Harry Reid’s control, there are 356 bills & It's UR Fault? #StuckInTheSenate pic.twitter.com/bWaO9ygPq1

    — Larry Putnam (@Larryputt) August 1, 2014

    // ]]>

    Even Speaker Boehner tweeted about the mountain on bills that have been relegated to the back burner by Reid, calling it a "Sharknado" of House-passed bills.

    A #Sharknado of House-passed #jobs bills are #StuckInTheSenate. Time for Senate Democrats to get to work. pic.twitter.com/7djOmUV01o — Speaker John Boehner (@SpeakerBoehner) July 30, 2014

    On July 31, Blackburn and another Republican Representative, Renee Ellmers of North Carolina posted an article titled, "Let's Get The Senate Back To Work" on Blogher.com.

    In that blog post, Blackburn and Ellmers point out that 40 of the bills sitting in the Senate "are directly related to job creation, growth, and retention."

    Also, the two legislators point out that bills offering very specific assistance to the "more than 3.4 million workers between the ages of 20 and 59" missing from our labor force.

    The post ends with some strong language about the Senate Majority Leader.

    "We are calling on Senate Majority Leader Harry Reid to get off his self-constructed throne, roll up his sleeves, and get back to work. Real lives, a real economy, and a true American recovery hang in the balance."
    Quote Originally Posted by SenorXm/Sirius View Post
    Yes they did. Still doesn't forgive what the GOP did. What matters to me was that meeting and the video of McConnell saying the #1 priority of the GOP was making Obama a 1 term president. Not jobs, not fixing the collapsing economy. But the winning the wh. That's unforgivable to me.

  4. #44
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by OrphanSlug View Post
    Obama does not get to claim all credit for the good parts, then turn around and ignore the underline numbers.
    Out of curiosity, when has he done that? I don't recall him ignoring the wage issue. I don't think he's even made a statement yet on the new numbers.

  5. #45
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by mmi View Post
    Good luck with that in 2016. Complaining that baby boomers are retiring, students are staying in school, and more women are staying home to raise young children won't do much to convince voters to turn against policies that have brought the economy back from the brink of the disaster it was nearly pushed into by deregulation of the financial sector.

    The relatively low LFPR, combined with a growing belief among economists that the natural unemployment rate (NAIRU) in the US may now be as low as 4%, will allow the Fed to hold off on raising interest rates. We are now six years into a twenty-year expansion if we can avoid screwing things up.
    People who aren't looking for a job aren't unemployed, most of them are students, homemakers and retired folks, so the lfpr could matter less to the voter.
    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.

  6. #46
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by Crovax View Post
    If you look at the actual birth rate the drop off of birth rate is in 1959 with a lesser drop in 1949 yet there is no correlation of that in the labor participation rate which continues to drop at a steady rate. If baby boomers were the cause you would see the labor participation rate start to level off in 2011 but that is not the case.
    Nope. I have know idea why you think that, you must not understand how the lfpr works. As the percent of our population who are retired increases, the labor force participation rate will continue to fall.

    The fact that it did level off a little over a year ago indicates that the recession recovery is temporarily keeping the lfpr from dropping, but once we achieve full recovery, it will resume the steady decrease.
    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.

  7. #47
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by imagep View Post
    People who aren't looking for a job aren't unemployed, most of them are students, homemakers and retired folks, so the lfpr could matter less to the voter.
    Thinking about it like that, could the lfpr be lowered by illegal aliens being counted in the census but not counted as working off the books?

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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by imagep View Post
    People who aren't looking for a job aren't unemployed, most of them are students, homemakers and retired folks, so the lfpr could matter less to the voter.
    So you are in total disagreement with the members of the Fed. Guess who I will stand with?

  9. #49
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by imagep View Post
    The only thing that the lfpr proves is that fewer Americans are having to work. I don't know that that's a bad thing. I wish I didn't have to work. It has nothing to do with the economy.
    it has everything to do with the unemployment rate though. these people aren't counted in the unemployment rate. so it lowers the unemployment rate whenever they stop actively looking for work making it seem way better than what it was.

    It is a total distortion of the actual unemployment rate. the U6 number is way better number to look at because it includes all of the people not just some cherry picked rosy scenario in order to gain political points.

  10. #50
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by Rearden View Post
    Government
    ‘Do Nothing Congress?’ House Passed More Than 350 Bills That Sit on Harry Reid’s Desk, Says Congresswoman
    Aug. 1, 2014 9:02pm Mike Opelka
    3.6K
    Shares

    Editor’s Note:

    Rep. Marsha Blackburn joined Mike Opelka on Saturday morning on TheBlaze Radio's "Pure Opelka." You can listen to the interview, starting at the 10:30 point of the broadcast, here.

    According to many liberal media outlets, the House of Representatives has been a complete failure. Hosts and guests on various MSNBC programs frequently call this the “Do Nothing Congress,” while slamming the GOP leadership for the lack of bills being passed.

    Is this an accurate portrayal?
    Image: MSNBC

    Image: MSNBC

    Al Sharpton and Ed Schultz have repeatedly bludgeoned their viewers with statistics and charts claiming that this Congress has been the least productive legislative body in America’s history.

    However, according to Rep. Marsha Blackburn (R-Tenn.), the House has passed a bevy of bills that are sitting on Harry Reid’s desk in the Senate.

    How many bills? Blackburn told TheBlaze that 356 bills made it through the House and are languishing in the Senate.

    Additionally, according to the congresswoman, 98 percent of those bills were passed with bipartisan support. She also pointed out that 200 of the bills were passed in the House with unanimous support from the entire chamber and more than 100 were passed with 75% support of House Democrats.

    To make her point that the House is working, but the Senate is where the obstruction exists, Blackburn printed all of the bills that the House has passed and stacked them on a desk with a Harry Reid nameplate. She took a photo standing next to the pile of bills and posted it on her Twitter account. (When Blackburn started this campaign, 332 bills had been passed. At press time, that had number increased to 356.)

    332 bills #StuckInTheSenate pic.twitter.com/vxw93nFHfD

    — Marsha Blackburn (@MarshaBlackburn) July 25, 2014

    Kansas Congresswoman Lynn Jenkins pointed out the bipartisan support for the House bills.

    Numbers never lie: Over 50% of the 352 bills sitting on Harry Reid's desk passed the House unanimously, zero opposition. #StuckInTheSenate

    — Lynn Jenkins (@RepLynnJenkins) July 29, 2014

    Rep. Larry Putnam (N.C.) posed with the pile and sent a message to Reid.

    We Have Been Abused by Obama,Under Harry Reid’s control, there are 356 bills & It's UR Fault? #StuckInTheSenate pic.twitter.com/bWaO9ygPq1

    — Larry Putnam (@Larryputt) August 1, 2014

    // ]=]=>

    Even Speaker Boehner tweeted about the mountain on bills that have been relegated to the back burner by Reid, calling it a "Sharknado" of House-passed bills.

    A #Sharknado of House-passed #jobs bills are #StuckInTheSenate. Time for Senate Democrats to get to work. pic.twitter.com/7djOmUV01o — Speaker John Boehner (@SpeakerBoehner) July 30, 2014

    On July 31, Blackburn and another Republican Representative, Renee Ellmers of North Carolina posted an article titled, "Let's Get The Senate Back To Work" on Blogher.com.

    In that blog post, Blackburn and Ellmers point out that 40 of the bills sitting in the Senate "are directly related to job creation, growth, and retention."

    Also, the two legislators point out that bills offering very specific assistance to the "more than 3.4 million workers between the ages of 20 and 59" missing from our labor force.

    The post ends with some strong language about the Senate Majority Leader.

    "We are calling on Senate Majority Leader Harry Reid to get off his self-constructed throne, roll up his sleeves, and get back to work. Real lives, a real economy, and a true American recovery hang in the balance."
    The Blaze huh? Anyway how many of those bills had poison pills in them, like the current fight about funding DHS.

    Boehner and McConnell are on tape and in print saying how little they cared about the people losing their jobs.
    "Big or small, I don't like rabbits. They always look like they're about to say something, but they never do."
    Raj Koothrappali

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