• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

U.S. Economy Jobs Report: U.S. adds 255k jobs; Stock Market hits all-time High

the government runs the BLS and tells it what to do and the government wants Hilary to win and for Hilary to win, the economy must be seen to be doing alright.

You know, there is a place for you opinion.

Perhaps you can start a thread there, instead of littering these threads?
 
bad news on the economy.. just out

The Institute for Supply Management’s Manufacturing PMI came in at 49.4 in August, down from 52.6 in July and much worse than market expectations of 52. It is the lowest figure in seven months, as new orders, production and employment all contracted.
 
I don't know what you said in your reply to me Kushinator. Why you keep quoting my posts when you know I do not read your nonsense is totally beyond me. You are even going to reply to this post as well. What I say and think on this subject must mean a TON to you (you would not keep responding to me if it did not). Because what you say and think on this means NOTHING to me but a sigh and a laugh.

But whatever it was, it probably contained insults and showcased your staggering ignorance when it comes to macroeconomics.

:roll:


Have a nice day.
 
Last edited:
Tomorrow is the next jobs report.

My guess is the numbers will be very good.

Not because the economy is humming along...it ain't.

But because the government runs the BLS and tells it what to do and the government wants Hillary to win and for Hillary to win easily, the economy must be seen to be doing alright.

And if tomorrow are not good numbers, then the rest will be - whether they are or not in real life - until the election.
And if for some reason the numbers are too bad for even the BLS to 'massage' enough to make them look good, then the Fed (all of the governors having been appointed by Obama and/or are hardcore doves) will pump whatever amount of money into the economy that needs to be to artificially prop it up for a Hillary election victory.

Anyone who believes the BLS/Fed does not do what they are told (especially the BLS) by the powers-that-be is staggeringly naive.

OMG! It's a conspiracy!
(glances nervously around)

They are out to get us! They are out to get Democrats elected by pretending the numbers are better than they are!
 
bad news on the economy.. just out

The Institute for Supply Management’s Manufacturing PMI came in at 49.4 in August, down from 52.6 in July and much worse than market expectations of 52. It is the lowest figure in seven months, as new orders, production and employment all contracted.

The Fed just got its excuse not to raise rates in September IMO. No hike until after the election. If Hillary is elected I see no raise this year or next.
 
the media gets its money from expanding more markets.. they are owned by big entertainment companies where they get their money from the same... increasing the market and increasing the UNWISE with increasing the market and stopping the monopoly killer donald trump is their AGENDA.. Trump is the same as teddy roosevelt who saved america from the insane greed of a few globalists
 
https://www.thestreet.com/video/13666356/economy-adds-255-000-jobs-in-july-paving-way-for-near-term-fed-hike.html


Nasdaq tops year-old record, S&P 500 hits high, too


Not a bad comeback from the Great Recession that nearly drove the country, and the world, into the Second Great Depression. This is VERY helpful to retirement accounts, college savings accounts, and other accounts. This is good news. (Of course, what goes up, comes down. So best not to get too complacent.)

So now that Obama has saved us from another Great Recession why do we need a 4.2 trillion dollar budget and historically low interest rates? I keep hearing how we were about to enter a second Great Depression but find that a typical leftwing talking point that ignores that the can was just kicked down the road.

Do you realize that part time employment for economic reasons jump approximately 113,000? Context remains important and continues to be ignored
 
Thanks Obama.

Yes, thank you Obama for not implementing another failed stimulus program and for continuing the worst recovery on record. The problem is of those jobs Part time for economic reasons jumped another 113,000 and Discouraged workers remain high at 576,000 and unemployment went up another 70,000. Yes, thank you Obama for the worst recovery from a major recession in modern history
 
So now that Obama has saved us from another Great Recession why do we need a 4.2 trillion dollar budget and historically low interest rates? I keep hearing how we were about to enter a second Great Depression but find that a typical leftwing talking point that ignores that the can was just kicked down the road.

Do you realize that part time employment for economic reasons jump approximately 113,000? Context remains important and continues to be ignored

I see you're upset that the economy is humming along, and the Democrats have (once again) gotten us through the damaged economy caused by Republicans. Yeah...I'd be upset, too, if I were you.

Historically, it is under the Dems that the economy is strongest.

But never fear about that depression....the wealthy in America did not experience a recession at all. So your viewpoint isn't quite the same as Cathy Cashier, who was laid off and had to get food stamps to supplement her kids' groceries....food stamps that the wealthy don't want to pay for. Greed.
 
So now that Obama has saved us from another Great Recession why do we need a 4.2 trillion dollar budget and historically low interest rates? I keep hearing how we were about to enter a second Great Depression but find that a typical leftwing talking point that ignores that the can was just kicked down the road.

The current level of expenditures represents about 22% of the economy; the ratio averages 21.7%.

fredgraph.png


Do you realize that part time employment for economic reasons jump approximately 113,000? Context remains important and continues to be ignored

Context is key:

fredgraph.png
 
I see you're upset that the economy is humming along, and the Democrats have (once again) gotten us through the damaged economy caused by Republicans. Yeah...I'd be upset, too, if I were you.

Historically, it is under the Dems that the economy is strongest.

But never fear about that depression....the wealthy in America did not experience a recession at all. So your viewpoint isn't quite the same as Cathy Cashier, who was laid off and had to get food stamps to supplement her kids' groceries....food stamps that the wealthy don't want to pay for. Greed.

Humming along? You have an interesting definition of humming along. I see nothing independent in your posts but I do see obvious ignorance of data. Results matter not rhetoric.

You have been indoctrinated well in the leftwing marketing of terms like the Great Recession and Saved Jobs none of which reflect the actual events and situation facing the average American. Obama took office with a 14.7 trillion dollar economy that is now 18.2 trillion, With that so called Great Recession Bush took an economy from 10.2 trillion to that 14.7 trillion. Let's see how your math is in calculating the improvement? Worst recovery on record from what the left calls a Great Recession
 
The current level of expenditures represents about 22% of the economy; the ratio averages 21.7%.

fredgraph.png




Context is key:

LNS12032196

Current level of expenditures as a percentage of GDP is growing expenditures as the GDP grows. Pretty chart now show me when that percentage and dollar amount get back down to the Bush level? I find it interesting that the left talks about spending as a percentage of GDP but not debt as a percentage of GDP, wonder why?
 
Current level of expenditures as a percentage of GDP is growing expenditures as the GDP grows.

As you can clearly observe, this ratio has been decreasing since 2009.

Pretty chart now show me when that percentage and dollar amount get back down to the Bush level?

You can do that on your own.

I find it interesting that the left talks about spending as a percentage of GDP but not debt as a percentage of GDP, wonder why?

Your comment was about expenditures.
 
Humming along? You have an interesting definition of humming along. I see nothing independent in your posts but I do see obvious ignorance of data. Results matter not rhetoric.

You have been indoctrinated well in the leftwing marketing of terms like the Great Recession and Saved Jobs none of which reflect the actual events and situation facing the average American. Obama took office with a 14.7 trillion dollar economy that is now 18.2 trillion, With that so called Great Recession Bush took an economy from 10.2 trillion to that 14.7 trillion. Let's see how your math is in calculating the improvement? Worst recovery on record from what the left calls a Great Recession


US companies added just 151,000 payrolls during the month, missing expectations for 180,000 payrolls. While the numbers were lighter than expected, it reflects the 71st consecutive month of job gains, which is already the longest streak on record.

The stock market has hit a number of record highs this year.

As the detective in Dragnet said, "Just the facts."
 
Worst recovery on record from what the left calls a Great Recession

It has been labeled the great recession by a number of economists. How many businesses went into bankruptcy during the downturn and recovery?
 
As you can clearly observe, this ratio has been decreasing since 2009.



You can do that on your own.



Your comment was about expenditures.

As the economy grows the percentage decrease still means more and record spending but with you is it ever enough?

Spending as a percentage of GDP dropping means exactly what? Why would you post spending percentage GDP without posting Debt to GDP growing?
 
It has been labeled the great recession by a number of economists. How many businesses went into bankruptcy during the downturn and recovery?

Yes, and I am sure those economists know exactly who it affects the average American. What those economists do is what you do, look at charts not the affect on human beings. If you want to look at bankruptcies I suggest you look at the 81-82 numbers first. This recession was bad and it was world wide but it was NOT a Great Recession for the average American who had nothing in the stock market or did not own or finance a home
 
US companies added just 151,000 payrolls during the month, missing expectations for 180,000 payrolls. While the numbers were lighter than expected, it reflects the 71st consecutive month of job gains, which is already the longest streak on record.

The stock market has hit a number of record highs this year.

As the detective in Dragnet said, "Just the facts."

Yes, love those facts however context matters. if you create part time jobs for economic reasons, have historically high discouraged workers which aren't counted, howdoes that reflect positively on the economy? I am sure the average American who isn't in the stock market is ecstatic about the record stock market
 
https://www.thestreet.com/video/13666356/economy-adds-255-000-jobs-in-july-paving-way-for-near-term-fed-hike.html


Nasdaq tops year-old record, S&P 500 hits high, too


Not a bad comeback from the Great Recession that nearly drove the country, and the world, into the Second Great Depression. This is VERY helpful to retirement accounts, college savings accounts, and other accounts. This is good news. (Of course, what goes up, comes down. So best not to get too complacent.)

...not a bad comeback? The Great Recession started almost a decade ago. Recovery now? It's not a comeback, per say, we just sat around twiddling our thumbs waiting for it to come back. it couldn't stay broken forever.

And who gives a **** about the stock market? They don't produce anything, they just make money shuffling numbers around. A ditch digger is worth more to society than wall street.
 
So now that Obama has saved us from another Great Recession why do we need a 4.2 trillion dollar budget and historically low interest rates? I keep hearing how we were about to enter a second Great Depression but find that a typical leftwing talking point that ignores that the can was just kicked down the road.

Do you realize that part time employment for economic reasons jump approximately 113,000? Context remains important and continues to be ignored
By whom? Part time for economic reasons (mostly cut hours due to slow business) went up by approximately 113,000 +/- 266,845
Trends matter, individual monthly changes (from the household survey) really don't. The only statistically significant change from any of the major numbers (labor force, labor force participation, employment, employment-population ratio, unemployment rate, not in the labor force, marginally attached, discouraged, part time for economic reasons) was the decrease in the number of marginally attached. Nothing else had a change that was statistically significant.
So let's look at the trend:
fredgraph.png
 
Reading over the above posts, one would think that the federal government is currently under the control of the Democrats. Not so. Congress has a majority of Republicans currently.

So, shouldn't the Republicans be the ones touting the recovery, and the Democrats pointing out all of the flaws in the economy?
 
Here is what seems to be missing from the leftwing talking points

Population 2007 when the recession began 312 million, today 323 million

Employed 146 million, today, 151 million

Part time for economic reasons 4.5 million, today 6.0 million

Discouraged workers 300k, today 600k

US Debt, 9.1 trillion, today 19.4 trillion

So the left can take victory laps for data out of context
 
By whom? Part time for economic reasons (mostly cut hours due to slow business) went up by approximately 113,000 +/- 266,845
Trends matter, individual monthly changes (from the household survey) really don't. The only statistically significant change from any of the major numbers (labor force, labor force participation, employment, employment-population ratio, unemployment rate, not in the labor force, marginally attached, discouraged, part time for economic reasons) was the decrease in the number of marginally attached. Nothing else had a change that was statistically significant.
So let's look at the trend:
fredgraph.png

yes, trends matter including spending and debt which obviously should be compared to when the Recession began and what Obama was hired to do. Seems the left and you in particular want to ignore the stimulus which I don't blame you but the worst recovery on record should compare today's results with what the numbers were when the recession began
 
Back
Top Bottom