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Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

PeteEU said:
As far as I understand the way the US does its unemployment numbers have not changed since before Bush.
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Yes.

They still don't count the unemployed, and current rates are more like >15% than <10%
 
NoJingoLingo said:
Thanks for posting the numbers that way. It gives us a good visual of how it took time for the Cheney/Bush trainwreck to reach the top of the pile of **** and now it's starting down the otherside toward recovery. :2wave:
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don't count on it.

The Messiah wants to raise taxes.

Again.

The most stupid thing in the world to do in a recession, and the Messiah can't think of anything else, except "balloon the deficit".
 
Jray573 said:
lol, I was under the impression that the rise of the dollar had to do with the failure of other currencies. If we are printing money to solve our problems, and still seeing the value of the dollar rise, there are most likely other factors involved ;)
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The dollar is -at the moment- inversely related to equity markets. One could also go the route in stating that sovereign debt is inversely related to equity markets. Or even, sovereign debt yields are directly related to equity markets.

Any questions?
 
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Goldenboy219 said:
No comment on the rise of the dollar? :2wave: You are going to have to put up a little more effort or think with objectivity. Otherwise you will only come up short.
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The dow fell below 10 thousand today
 
ptif219 said:
The dow fell below 10 thousand today
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Hmmm, 10,000 seems to be the key level. I'd bet my left foot that by the time you are 65, the Dow will have breached the 15,000 mark (possibly several times:mrgreen: )
 
ptif219 said:
55. I get interest in my money market and do not lose it when Obama screws the economy
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Presidents cannot screw the economy. It takes an assortment of unwise decision making to bring down such a complex system. Besides.... If Obama is really going to "destroy" the economy in the magnitude that Rush and Sean seem to believe, even the FDIC means jack ****!
 
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Goldenboy219 said:
Hmmm, 10,000 seems to be the key level. I'd bet my left foot that by the time you are 65, the Dow will have breached the 15,000 mark (possibly several times:mrgreen: )
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It is now about 9900
 
Goldenboy219 said:
Presidents cannot screw the economy. It takes an assortment of unwise decision making to bring down such a complex system. Besides.... If Obama is really going to "destroy" the economy in the magnitude that Rush and Sean seem to believe, even the FDIC means jack ****!
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Then the recession is not Bush's fault?
 
ptif219 said:
Then the recession is not Bush's fault?
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it took a village of idiots to make for this recession, going all the way back to Reagan at least, and including basically every administration and congress.
 
Redress said:
it took a village of idiots to make for this recession, going all the way back to Reagan at least, and including basically every administration and congress.
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So then why does Obama blame Bush?
 
Goldenboy219 said:
Who ever said it was?

Did Bush do some stupid things? Of course.
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Last 15 seconds of video Obama blames Bush


[ame="http://www.youtube.com/watch?v=v7eMcSy8wgc"]YouTube- "Blame Bush !" says Obama | 1rst Prez Press Conference | IT'S BAD !!![/ame]
 
Redress said:
So you are saying that Bush's economic policy did not fail?
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We didn't have 10% unemployment when the Republicans were running the show. Just sayin'.
 
winston53660 said:
It hit 10.8 when Reagan was President.
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What was it when Bush was in office? Not no 10.8, huh?

What's next, ya'll gonna blame Lincoln for the Great Depression?
 
apdst said:
What was it when Bush was in office? Not no 10.8, huh?

What's next, ya'll gonna blame Lincoln for the Great Depression?
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Hey you said:

Originally Posted by apdst View Post
We didn't have 10% unemployment when the Republicans were running the show. Just sayin'.
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apdst said:
We didn't have 10% unemployment when the Republicans were running the show. Just sayin'.
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apdst said:
What was it when Bush was in office? Not no 10.8, huh?

What's next, ya'll gonna blame Lincoln for the Great Depression?
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I think you should get a prize for fastest moving of the goalposts ever.
 
Redress said:
I think you should get a prize for fastest moving of the goalposts ever.
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I think you need to stop and remember that our government is only 230 years old. You gotta stop with George Washington when blaming everyone, but PBO, for the current recession.
 
apdst said:
I think you need to stop and remember that our government is only 230 years old. You gotta stop with George Washington when blaming everyone, but PBO, for the current recession.
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Yeah, the recession that was started before he took office is his fault. Keep up the quality posting, I have not laughed like this in awhile.
 
Redress said:
Yeah, the recession that was started before he took office is his fault. Keep up the quality posting, I have not laughed like this in awhile.
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No, the Democratic Congress is to be blamed, as well, but making the recession worse is definitely his fault.
 
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