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Thread: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Born Free View Post
    Liberals controlling the 10 poorest cities in the US and the 10 most dangerous cities in the US is not ignorant rhetoric. The ignorance is you standing up for failure.
    mmmm

    10 poorest states:
    Mississippi
    New Mexico
    Louisiana
    Georgia
    Washington DC
    Kentucky
    Alabama
    Arizona
    South Carolina
    West Virginia

    10 States with the highest crime rates:
    Maryland
    Florida
    Louisiana
    Delaware
    South Carolina
    New Mexico
    Alaska
    Nevada
    Tennessee
    DC

    Care to guess which party controls the governorship and/or legislature of almost all of those states...?

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Visbek View Post
    10 poorest states 10 States with the highest crime rates
    I was thinking of using that, but I didn't think it offered an unqualified defeat for our opponents.

    Perhaps we can agree that all these lists can be very misleading. Poverty and crime are often not conditions that can legitimately be blamed on a state or local government.

    Two minor points: As you know, DC is not a state. I think Maryland collects its stats differently and that may explain its top ranking. Strongly Democratic as you know, so we don't want it unfairly criticised.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Btw, since January, there are only 61,000 more Americans employed full time (252,000 less over the last month alone) and there are less women in total employed.

    Table A-9. Selected employment indicators

    Throw in a DOW that is flat for the year (and has been flat for 5 months now), a GDP that will probably be negative when revised for Q1 and is running about 0.7 so far in Q2 (according to GDPNow) PLUS consumer spending has been flat for months (all this despite ZIRP and 'QE' still going on to the tune of about $200 billion annually)...and things are not looking good.
    'What kind of sick and twisted toy factory is this?'
    'We are all the sum of our tears. Too little and the ground is not fertile, and nothing can grow there. Too much, the best of us is washed away.'
    "Better to be dead and cool, than alive and uncool."

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Also, just another example of government creative math...213,000(!) jobs (not seasonally adjusted) were added by the BLS to the Estblishment data using their 'Birth Death model'.

    In other words, it's an estimate. It's not part of the survey of businesses, it is an estimate the BLS uses (imo, to pad the numbers).

    CES Net Birth/Death Model
    Last edited by DA60; 05-14-15 at 03:22 AM.
    'What kind of sick and twisted toy factory is this?'
    'We are all the sum of our tears. Too little and the ground is not fertile, and nothing can grow there. Too much, the best of us is washed away.'
    "Better to be dead and cool, than alive and uncool."

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by DA60 View Post
    it is an estimate the BLS uses (imo, to pad the numbers)]
    Damn! You caught us again. Yer one sharp cookie, DA. We can't slip anything past you.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Visbek View Post
    mmmm

    10 poorest states:
    Mississippi
    New Mexico
    Louisiana
    Georgia
    Washington DC
    Kentucky
    Alabama
    Arizona
    South Carolina
    West Virginia

    10 States with the highest crime rates:
    Maryland
    Florida
    Louisiana
    Delaware
    South Carolina
    New Mexico
    Alaska
    Nevada
    Tennessee
    DC

    Care to guess which party controls the governorship and/or legislature of almost all of those states...?
    mmmmm......where did you get this list? Washington DC is the richest state, according to Forbes.

    No. 1 Richest State: Washington, D.C.* - In Photos: The 10 Richest And Poorest States In 2014 - Forbes

    By the way - the actual richest state is New Jersey. Chris Christie? He's a Republican.

    mmmmmmm
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by mmi View Post
    Damn! You caught us again. Yer one sharp cookie, DA. We can't slip anything past you.
    Okaaaaay.

    Sarcasm or not, take away the Birth/Death model estimates and the number of those employed (not seasonally adjusted) in April actually went down 35,000.

    Table B-1. Employees on nonfarm payrolls by industry sector and selected industry detail
    'What kind of sick and twisted toy factory is this?'
    'We are all the sum of our tears. Too little and the ground is not fertile, and nothing can grow there. Too much, the best of us is washed away.'
    "Better to be dead and cool, than alive and uncool."

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by DA60 View Post
    Also, just another example of government creative math...213,000(!) jobs (not seasonally adjusted) were added by the BLS to the Estblishment data using their 'Birth Death model'.

    In other words, it's an estimate. It's not part of the survey of businesses, it is an estimate the BLS uses (imo, to pad the numbers).

    CES Net Birth/Death Model
    You do realize the household survey uses a birth-death(and immigration) model too, right? And that the results of surveys are also estimates?

    And you have yet to show the model is inaccurate when checked against a full count.
    Last edited by pinqy; 05-14-15 at 09:36 AM.
    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: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by DA60 View Post
    Okaaaaay.

    Sarcasm or not, take away the Birth/Death model estimates and the number of those employed (not seasonally adjusted) in April actually went down 35,000.

    Table B-1. Employees on nonfarm payrolls by industry sector and selected industry detail
    From that link: Not seasonally adjusted total non-farm in March was 140,284,000. In April it was 141,462,000 Change of 1,178,000 Take away the Birth Death and it was +965,000
    I have no idea where the negative 35,000 comes from. Some bizzarre misreading I can't see.
    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: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Gimmesometruth View Post
    It would be more accurate to say that neo-liberal economic policy (free market/low tax/low barrier) has caused the dramatic erosion of manufacturing in most if not all of these "democratic cities" wherein those govts had next to no impact upon the national neo-liberal policies....but the understanding of these ideas would require more than what is being displayed by the simplistic rhetoric spewed consistently in your "arguments".
    Quote Originally Posted by austrianecon View Post
    Not exactly true.. in any sense.There are always underlying issues. Maryland (Baltimore) also had massive environmental issues with the Chesapeake Bay due to the legacy of industrialization. Chesapeake Bay was the world's first recognized dead zones (Hypoxic). It's still absolutely horrible which has killed or is in the process of killing the fishing.. Oysters and Blue Crab are majorly effected. Oyster population declined by 70% since 1980... it absolutely collapsed. Right now Chesapeake Bay has 1% of it's historical levels of Oysters. That's with Federal, State and Local funding to repopulate the Oyster population and to allow Oyster farms. It's a far cry from a time when 15 million bushels (50 pounds per bushel).. so we are taking 750m pounds or $1b plus industry gone in Maryland at current prices (unwashed)..

    For Blue Crab.. 40 years ago, Maryland provided 50% of Blue Crab (hard shell) in the US. Since 1990 the population of Blue Crab in Maryland has fallen from 900m to 300m. It's an industry struggling to survive even with federal, state and local dollars.

    Then throw on it.. to repair the Chesapeake the State of Maryland agreed to change it's taxing policy. If you live in a watershed area.. you are taxed a "rain fall tax", known as Stormwater Remediation Fee. You literally had to pay $$$$ because it rained on your property. Only 9 counties and city of Baltimore has this tax. If you are business you aren't gonna invest if you have to pay a tax on rain based on SQ FT (of your roof), but EPA said it needed to be done.. and only Maryland did it. VA, PA, DE, and WV said "bite me". It finally got repealed under the current Governor today.


    Then throw in city of Baltimore's policy polices and every arrest (not conviction) is reported to DoJ and Baltimore looks like a crime riddled city thus looking unattractive, you can Dem Martin O'Malley for that screw up.

    So hey.. you wanna stick with your story? I grew up outside of Baltimore, watching Baltimore news (WJZ, WMAR, and WBAL), WBAL 1090 AM and that's before it's right slant.. when Ron Smith was the radio station on in the house and the car. I consider the Charm city my home and know it damn well.
    Interesting, but you never made a connection between oysters and neo-liberal policy. What this has to do with low taxes/low barriers/low wage gains is beyond me.
    Last edited by Gimmesometruth; 05-14-15 at 11:56 AM.
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    He didn't say it didn't make sense. He said it is complete nonsense.

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