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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 mmi View Post
    Perhaps with some sort of federal program, well-tailored to the local situation and designed to as much as possible involve local interests.
    No Federal program is localized. It's too complicated for them.. meaning Uncle Sam barely knows anything about local people, how they think, how they go about life or anything like that. I grew up outside DC (Camp David and Site R aka Underground Pentagon) and there was a world of difference just those that live inside of I-495 and those that live outside of it. Then once you get to Fredrick, MD it changes even more. You go from "flat landers" to "Mountain folk". Whole different world but still part of the Chesapeake area. But still the same issues. You'd need local to the point it was county size.

    One thing I was always good at since I was kid.. I understand where I come from and where I've been. I get the people as I always immersed myself. I've lived all over the world.. I am a world traveler, I absorb knowledge.
    Quote Originally Posted by mmi View Post
    >>That's not gonna change and it's certainly not gonna change with Obama's TPP push.

    You oppose the treaty?
    It's 100% bs of a treaty. I am for free trade, but on principle I am for fair free trade and nothing is fair with the TPP. Wages won't rise with TPP.
    Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office. H.L Mencken

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

    Quote Originally Posted by austrianecon View Post
    No Federal program is localized. It's too complicated for them
    This is how things need to change.

    >>Wages won't rise with TPP.

    It's gonna be tough t' get wages t' move. But I agree that this is a bad treaty. I'd like to see it renegotiated. Otoh, in an increasingly international marketplace, I figure we can't expect to get as much as we want out of our trading partners. The key to getting a better treaty is to focus more on the interests of working class Americans, a group that has been suffering economically for quite a long time, and less on those of very large corporations. But of course that's very difficult to accomplish under current campaign finance laws.

    So I have t' say that I'm not optimistic about the way things are gonna work out on this.

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

    Quote Originally Posted by Tettsuo View Post
    There seems to be a pattern forming here. But of course, the naysayers are going to deride this good news as well.

    U.S. Unemployment Falls to Lowest Level Since May 2008 - Bloomberg Business

    [/FONT][/COLOR]
    Can someone in the right please concede that Obama is, and has been, GOOD for the economy?
    I know how hard liberals are looking to find something positive in the Obama Administration after basically 7 years of disaster but what they continue to ignore is the fact that the U-6 Rate is 10.8% and there is nothing that the Obama Administration has done other than drive part time employment, discouraged workers, and stagnant economic growth to generate the headlines liberals want to ignore. The more part time jobs and more discouraged workers the better the official unemployment rate. Seems that liberals will indeed buy the headlines and ignore the actual results.

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

    Quote Originally Posted by Conservative View Post
    ...the U-6 Rate is 10.8% ...
    That's good news, it's dropped 7% from it's peak in 2009 and it's lower now than it was when Bush left office. Are you just looking for a way to bash the Bush administration? If so, you are succeeding.
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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    [QUOTE=Conservative;1064625194]I know how hard liberals are looking to find something positive in the Obama Administration after basically 7 years of disaster but what they continue to ignore is the fact that the U-6 Rate is 10.8%[/qutoe]
    What directiton is it moving? That it's higher than the the U-3 is meaningless because it is impossible for it to be lower. So just saying "the U-6 rate is 10.8%" is meaningless and tells us nothing...it's a number out of context.


    and there is nothing that the Obama Administration has done other than drive part time employment, discouraged workers, and stagnant economic growth to generate the headlines liberals want to ignore. The more part time jobs and more discouraged workers the better the official unemployment rate. Seems that liberals will indeed buy the headlines and ignore the actual results.
    Part time employment as a percent of total employment:


    The U-4 rate: Unemployed plus discouraged divided by labor force plus discouraged, compared to the official (U-3) rate:

    If discouraged played as big a role as you claim, the gap would be getting wider...it's not. Discouraged have been declining, not growning.
    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 imagep View Post
    That's good news, it's dropped 7% from it's peak in 2009 and it's lower now than it was when Bush left office. Are you just looking for a way to bash the Bush administration? If so, you are succeeding.
    After almost 7 years and after 8.2 trillion added to the debt, 10.8% represents almost 17 million unemployed/under employed/discouraged workers plus others doesn't appear to be good news to me. How many of those 17 million people would have benefited better had the 8.2 trillion added to the debt been used to actually promote economic growth and job creation? It really is too bad that the percentage number is the focus of liberals when it is good but the rest of the story is ignored.

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

    [QUOTE=pinqy;1064625246]
    Quote Originally Posted by Conservative View Post
    I know how hard liberals are looking to find something positive in the Obama Administration after basically 7 years of disaster but what they continue to ignore is the fact that the U-6 Rate is 10.8%[/qutoe]
    What directiton is it moving? That it's higher than the the U-3 is meaningless because it is impossible for it to be lower. So just saying "the U-6 rate is 10.8%" is meaningless and tells us nothing...it's a number out of context.




    Part time employment as a percent of total employment:


    The U-4 rate: Unemployed plus discouraged divided by labor force plus discouraged, compared to the official (U-3) rate:

    If discouraged played as big a role as you claim, the gap would be getting wider...it's not. Discouraged have been declining, not growning.
    Please show me the month that discouraged workers are less than they were with Bush? Do you think the economic results generated by Obama justify the 8.2 trillion added to the debt? Are liberal standards really that low?

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

    Quote Originally Posted by Conservative View Post
    Please show me the month that discouraged workers are less than they were with Bush? Do you think the economic results generated by Obama justify the 8.2 trillion added to the debt? Are liberal standards really that low?
    July 2008 - January 2009 U-4 was higher than current.
    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 Conservative View Post
    Do you think the economic results generated by Obama justify the 8.2 trillion added to the debt?
    The increase in debt isn't Obama's fault. You jerks put the country into the hospital and Obama has put it back to work. Now you complain that he's responsible for the medical bills.

    >>Are liberal standards really that low?

    No. Clinton put up big surpluses. Bush's friends gave us big deficits. Some people who call themselves conservatives can't see that.

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

    Quote Originally Posted by pinqy View Post
    July 2008 - January 2009 U-4 was higher than current.
    I was talking discouraged workers so apparently BLS got it wrong. Did you call them and let them know?

    Discouraged workers
    2001 301 287 349 349 328 294 310 337 285 331 328 348
    2002 328 375 330 320 414 342 405 378 392 359 385 403
    2003 449 450 474 437 482 478 470 503 388 462 457 433
    2004 432 484 514 492 476 478 504 534 412 429 392 442
    2005 515 485 480 393 392 476 499 384 362 392 404 451
    2006 396 386 451 381 323 481 428 448 325 331 349 274
    2007 442 375 381 399 368 401 367 392 276 320 349 363
    2008 467 396 401 412 400 420 461 381 467 484 608 642
    2009 734 731 685 740 792 793 796 758 706 808 861 929
    2010 1065 1204 994 1197 1083 1207 1185 1110 1209 1219 1282 1318
    2011 993 1020 921 989 822 982 1119 977 1037 967 1096 945
    2012 1059 1006 865 968 830 821 852 844 802 813 979 1068
    2013 804 885 803 835 780 1027 988 866 852 815 762 917
    2014 837 755 698 783 697 676 741 775 698 770 698 740
    2015 682 732 738
    I know this is hard for people like you to understand but here we are almost 7 years into the Obama Administration, 8.2 trillion more in debt and the discouraged number is higher than when he took office. Apparently low standards are the norm in the liberal world.

    I remember well when Bush had unemployment under 5% and discouraged workers under 500,000 that it was called the worst economy since Hoover and now the unemployment rate is higher than 5% with discouraged workers over 700,000 and Obama is the savior of our economy. How do you explain the disconnect? Guess you buy the liberal media spin and pass on the false information without verifying it.

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