Page 2 of 15 FirstFirst 123412 ... LastLast
Results 11 to 20 of 149

Thread: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

  1. #11
    Sage

    Join Date
    Feb 2013
    Location
    IL
    Last Seen
    Today @ 12:39 AM
    Gender
    Lean
    Moderate
    Posts
    26,620

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Quote Originally Posted by Kushinator View Post
    Just so i have this straight... you consider the stock market a major metric of economic prosperity?

    If so, you must worship the ground Obama walks on.



    The next four years will be just too easy.
    It's like trump taking over from Obama as coach of a football team at halftime leading 34-0 .
    Chemists Have Solutions .

  2. #12
    I'm not-low all the time



    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    Hyde Park
    Last Seen
    01-19-17 @ 05:11 PM
    Gender
    Lean
    Independent
    Posts
    15,644

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Quote Originally Posted by NIMBY View Post
    It's like trump taking over from Obama as coach of a football team at halftime leading 34-0 .
    He is draining the swamp..... directly into the White House!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  3. #13
    Sage
    Ontologuy's Avatar
    Join Date
    Oct 2011
    Last Seen
    Yesterday @ 11:31 PM
    Gender
    Lean
    Centrist
    Posts
    5,443

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Yes, we all know about the BLS "statistics" that say the unemployment rate is "very low".

    But why is Sears and K-Mart -- cheap-price stores -- closing so many stores if there are supposedly so many employed Americans with money to spend?

    And why is Macy's -- medium-price stores -- closing so many of their stores now if there are supposedly so many employed Americans with money to spend?

    And, of course, why is the left so adamant that the minimum wage be raised and shored up, you know, the minimum wage, the wage paid to part-time considerably less than 40-hours/week employees?

    Could it be that the vast majority of the new jobs under Obama paid considerably less money than the old job the person previously had?

    Could it be that the vast majority of the new jobs under Obama were .. wait for it .. .. part-time jobs?

    Hmmmm ...
    You don't trust Trump? Well, there's only one way to leverage him to do what's economically right for us all: Powerful American Political Alliance. Got courage?! .. and a mere $5.00?

  4. #14
    Guru
    11Bravo's Avatar
    Join Date
    Dec 2014
    Location
    Virginia
    Last Seen
    01-15-17 @ 01:26 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    3,195

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Quote Originally Posted by Kushinator View Post
    Just so i have this straight... you consider the stock market a major metric of economic prosperity?

    If so, you must worship the ground Obama walks on.



    The next four years will be just too easy.
    no we worship trump cause it skyrocketed when he won.

  5. #15
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Yesterday @ 10:57 PM
    Gender
    Lean
    Undisclosed
    Posts
    13,720
    Blog Entries
    1

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Yeah. Obama has done a great job keeping our transition as smooth as possible into a low pay, no benefits service sector economy where everyone is part time.
    "Half full or half empty doesn't matter. What matters is, you've only got half a glass...so what are you going to do about it?" - Me
    www.kohlerimaging.com

  6. #16
    Sage

    Join Date
    Mar 2014
    Location
    Tennessee
    Last Seen
    Today @ 01:06 AM
    Gender
    Lean
    Undisclosed
    Posts
    15,187

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Quote Originally Posted by Ontologuy View Post
    Yes, we all know about the BLS "statistics" that say the unemployment rate is "very low".

    But why is Sears and K-Mart -- cheap-price stores -- closing so many stores if there are supposedly so many employed Americans with money to spend?

    And why is Macy's -- medium-price stores -- closing so many of their stores now if there are supposedly so many employed Americans with money to spend?

    And, of course, why is the left so adamant that the minimum wage be raised and shored up, you know, the minimum wage, the wage paid to part-time considerably less than 40-hours/week employees?

    Could it be that the vast majority of the new jobs under Obama paid considerably less money than the old job the person previously had?

    Could it be that the vast majority of the new jobs under Obama were .. wait for it .. .. part-time jobs?

    Hmmmm ...
    It looks like you're starting with a premise - Obama sucks - then cherry picking your stats to prove the premise. For example, here's the long term trend for retail sales. You'll note it's been going steadily up. There is no reason why the fate of specific retailers with a failing business model, or perhaps less than optimal management, are a better reflection on the economy than the larger trends.

    https://fred.stlouisfed.org/series/RSXFS

    fredgraph.jpg

  7. #17
    I'm not-low all the time



    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    Hyde Park
    Last Seen
    01-19-17 @ 05:11 PM
    Gender
    Lean
    Independent
    Posts
    15,644

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Quote Originally Posted by 11Bravo View Post
    no we worship trump cause it skyrocketed when he won.
    Fact: Obama has presided over the second largest bull market in U.S. history. Want to take a guess what president presided over no.1?

    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  8. #18
    Sage

    Join Date
    Mar 2014
    Location
    Tennessee
    Last Seen
    Today @ 01:06 AM
    Gender
    Lean
    Undisclosed
    Posts
    15,187

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Quote Originally Posted by KevinKohler View Post
    Yeah. Obama has done a great job keeping our transition as smooth as possible into a low pay, no benefits service sector economy where everyone is part time.
    He did a 'great job' as opposed to who?

    mfgemployfred.jpg

  9. #19
    Sage
    Chomsky's Avatar
    Join Date
    Apr 2015
    Location
    Third Coast
    Last Seen
    Today @ 02:58 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    12,927

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Quote Originally Posted by Ontologuy View Post
    Yes, we all know about the BLS "statistics" that say the unemployment rate is "very low".

    But why is Sears and K-Mart -- cheap-price stores -- closing so many stores if there are supposedly so many employed Americans with money to spend?

    And why is Macy's -- medium-price stores -- closing so many of their stores now if there are supposedly so many employed Americans with money to spend?

    And, of course, why is the left so adamant that the minimum wage be raised and shored up, you know, the minimum wage, the wage paid to part-time considerably less than 40-hours/week employees?

    Could it be that the vast majority of the new jobs under Obama paid considerably less money than the old job the person previously had?

    Could it be that the vast majority of the new jobs under Obama were .. wait for it .. .. part-time jobs?

    Hmmmm ...
    Amazon.

    Hmmmm ...
    "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)

  10. #20
    Sage
    Chomsky's Avatar
    Join Date
    Apr 2015
    Location
    Third Coast
    Last Seen
    Today @ 02:58 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    12,927

    Re: Economists React to the December Jobs Report: ‘Very Close to Full Employment’ WSJ

    Can't do a detailed post now, so I will leave my most overriding thought of where I think the economy is going under the new administration:

    "Inflation"
    "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)

Page 2 of 15 FirstFirst 123412 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •