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Are people still trying to force that into a thing?
You better believe it. Never let a talking point go to waste.
Are people still trying to force that into a thing?
It's as partisan to credit Obama for this as it would be to credit the GOP controlled Congress. That was the point of my post. And the stimulus isn't the reason that the economy has rebounded. The economy is the reason the economy has rebounded. It has nothing to do with our government - including Obama. The economy of this country was bound to turn around to pre-2008 unemployment rates. And we did - 7 years later.
No, it really doesn't.
This pretty much tells the whole story.
No, they aren't. Boomers are currently aged 51 to 69. Most are not yet collecting SS. Many, including some who collect SS, are still currently in the workforce. And if they are looking for work, even if they are over 65, they're included in unemployment statistics.The excuse of the baby boomer retirement has passed since a big chunk of baby boomers are older than 65 and they would not be included in the rate working or not.
Actually a president does get too much credit when the economy is good, and too much blame when it's bad. But still I will never forgive the GOP for what the pulled in 2009.
The rate is calculated no different now then it has been for the last couple of decades. So there are no shenanigans going on with the rate.
That said these are solid job gains. After 2008 I never thought we'd see the rate anywhere near 5% again.
The house and senate were held by democrats for Obamas first 2 years in office.
111th United States Congress - Wikipedia, the free encyclopedia
That is a fabrication, Obama has changed it
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.
Looks like they left something out again.
" Once again, the energy sector saw the heaviest job cutting in February, with these firms announcing 16,339 job cuts, due primarily to oil prices.
Falling oil prices have been responsible for 39,621 job cuts, to date. That represents 38 percent of all recorded workforce reductions announced in the first two months of 2015. In February, 36 percent of all job cuts (18,299) were blamed on oil prices.
“Oil exploration and extraction companies, as well as the companies that supply them, are definitely feeling the impact of the lowest oil prices since 2009. These companies, while reluctant to completely shutter operations, are being forced to trim payrolls to contain costs,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas."
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.
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.
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.Obama does not get to claim all credit for the good parts, then turn around and ignore the underline numbers.
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.
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.
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.
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.
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.
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
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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."