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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 Visbek View Post
    I can.

    1) The auto bailout.

    2) The stimulus package. Not as much effect as it should, but it made a dent.

    3) Continuing and extending TARP. (Bush 43 also gets some credit for this.)

    4) Accepting Fed policies, ranging from QE's to the current hesitation to raise interest rates.

    5) The ACA made it possible for more people to go into business for themselves, as they were now able to get health insurance on their own -- something very difficult to do, at anything resembling acceptable premiums, prior to the ACA's guaranteed issue provisions.

    5a) We have NOT seen employers firing staffers, or busting them en masse down to part-time, to avoid ACA provisions.

    We should also note there is no indication that the tiny raise in top marginal tax rates has not crippled the US economy, or employment.
    1) Perhaps. Though the auto industry is not that big of an employer overall. Ford would've survived no matter what.

    2) Explain

    3) Bush gets credit for this.

    4) Not his policies.

    5) Need actual evidence.

    6) Need actual evidence.

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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
    I can.

    1) The auto bailout.

    2) The stimulus package. Not as much effect as it should, but it made a dent.

    3) Continuing and extending TARP. (Bush 43 also gets some credit for this.)

    4) Accepting Fed policies, ranging from QE's to the current hesitation to raise interest rates.

    5) The ACA made it possible for more people to go into business for themselves, as they were now able to get health insurance on their own -- something very difficult to do, at anything resembling acceptable premiums, prior to the ACA's guaranteed issue provisions.

    5a) We have NOT seen employers firing staffers, or busting them en masse down to part-time, to avoid ACA provisions.

    We should also note there is no indication that the tiny raise in top marginal tax rates has not crippled the US economy, or employment.
    Can you post a link that shows how many private jobs the auto bailouts (I assume the ones that Bush 43 proposed in December of 2008) created?

    Can you post a link to show me how many private sector jobs the ACA created? TARP? Fed policies?
    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 Chomsky View Post
    Have you considered not bartering, but giving credit where credit's due?
    The same applies to you as well.

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

    Quote Originally Posted by Dayton3 View Post
    1) Perhaps. Though the auto industry is not that big of an employer overall. Ford would've survived no matter what.

    2) Explain

    3) Bush gets credit for this.

    4) Not his policies.

    5) Need actual evidence.

    6) Need actual evidence.
    Proof is a powerful tool.
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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by tres borrachos View Post
    Yup, pretty much. The job of the POTUS isn't to create private sector jobs.
    That depends on who you ask.

    Government can create private jobs via stimulus programs. E.g. dedicate $10 billion to infrastructure jobs, then hire private firms to build roads.

    It is the job of government to do this during a recession, since the failure to do so can deepen the recession. And of course, when we need the work to be done.


    The POTUS can't create private sector jobs. And Obama has no specific policy that was intended to create private sector jobs. There is nothing specific or measurable.
    He did, and it has. See above post.

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

    Quote Originally Posted by tres borrachos View Post
    Proof is a powerful tool.
    A rarely used one it seems.

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

    Quote Originally Posted by Chomsky View Post
    This is because America is a consumer economy, and the consumers have been restrained through low/under employment and low wages & wage growth (though these factors appear to be slowly improving).

    Corporations don't use money to create jobs - they create jobs in response to consumer demand.

    The corps are sitting on money because there's no demand for it to be used elsewhere.
    LOL !

    Soo we just need the Government to mandate arbitrary cost increases and a " living wage " and all is good, huh ?

    The Corporations and the " Rich " are just going to go along with it because God knows there's NO other investment opportunities anywhere else in the world.......Lol

    They're hoarding capital because the US economy is too risky of a investment under this President. They're hoarding Capital because they're responding to foolish AND current economy killing legislation and tax increases.

    Really, whats wrong with you people ?

    You don't incentivize new investment with threats of mandated cost increases based on insubstantial left wing talking points.

    You don't incentivize new investment by demonizing Investors and job creators and you damn sure don't incentivize new investment by debasing and borrowing and spending.

    When will you people ever learn that the " Rich " and investors and Corporations will ALWAYS have options that include investing in overseas markets and simply siting on their Capital.

    When France's Hollande ( dip**** Socialist ) raised taxes on the " rich " outside investment into Frances economy dropped 77 percent the following year and the " Rich " simply moved.

    Simple minded left wing initiatives that raise taxes and mandate arbitrary cost increases CAUSE disparity, not fix it.

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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
    That depends on who you ask.

    Government can create private jobs via stimulus programs. E.g. dedicate $10 billion to infrastructure jobs, then hire private firms to build roads.

    It is the job of government to do this during a recession, since the failure to do so can deepen the recession. And of course, when we need the work to be done.



    He did, and it has. See above post.
    Most of the stimulus dollars were gone before 2013. They aren't creating private sector jobs today and haven't created any measurable number of private sector jobs for a few years. That isn't contributing to the recent drop in unemployment numbers, and as Obama found so amusing, those shovel ready jobs weren't as shovel ready as he assumed. The projects that stimulus funded are mostly all over. In 2010 I couldn't drive on a road here in NH without seeing a stimulus sign. Those jobs are long completed.

    Keep in mind too that not all of the $800+ billion didn't do to projects.
    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 Dayton3 View Post
    The same applies to you as well.
    Alright, fair enough.

    I could have been more gracious in my response, since I'm sure you were speaking euphemistically there.
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

    The 10 Commandments of Logic - (Courtesy of Abbazorkzog Blog)

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

    Quote Originally Posted by Dayton3 View Post
    A rarely used one it seems.
    I think the Republicans who control Congress are responsible for the unemployment rate drop. And the reason for that is "because I think so". I don't need to prove it with any kind of metrics.

    See how that works?
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

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