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Thread: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

  1. #131
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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Goldenboy219 View Post
    For some reason, i do not trust the "Taylor econo-meter" to display accuracy. All i have heard lately is partisan tidbits.
    I showed a few pages back that my take turned out to be pretty mainstream when compared with what was written on the financial blogs.

    Your calling it "partisan" says more about your position than mine.

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Taylor View Post
    I showed a few pages back that my take turned out to be pretty mainstream when compared with what was written on the financial blogs.

    Your calling it "partisan" says more about your position than mine.
    Do you honestly believe because you cite a few blog sites... you are within the "mainstream"?

    What is your "position" relative to the bid to cover following the $20 billion ten year note auction? Can you acknowledge that the economy is indeed on the upswing?
    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

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Goldenboy219 View Post
    I was referring to the trajectory of the output trend. Technically, the bottom occurred a while ago.
    Technically, we're still there.

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Woot! Check out this positive trend!!
    Who wants to party with GoldenBoy?!
    Attached Images Attached Images

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Taylor View Post
    Woot! Check out this positive trend!!
    Who wants to party with GoldenBoy?!
    And once again you go and put your foot in your mouth. The 4th quarter 2009 had an output increase (GDP) rate of 5.6%. http://www.google.com/url?sa=t&sourc...m0z6FGdsg-oB1w
    Last edited by Kushinator; 04-08-10 at 11:50 AM.
    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

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Goldenboy219 View Post
    And once again you go and put your foot in your mouth. The 4th quarter 2009 had an output increase (GDP) rate of 5.6%. http://www.google.com/url?sa=t&sourc...m0z6FGdsg-oB1w
    Having been made to look like a fool on jobs, GoldenBoy changes the subject to GDP...

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Taylor View Post
    Having been made to look like a fool on jobs, GoldenBoy changes the subject to GDP...
    If you look at the context of my original statement, it pertains to output. In fact, we did see positive output and steady unemployment at high levels. This can only be explained by....????

    Quote Originally Posted by Me
    I was referring to the trajectory of the output trend. Technically, the bottom occurred a while ago.
    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

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Goldenboy219 View Post
    If you look at the context of my original statement, it pertains to output. In fact, we did see positive output and steady unemployment at high levels. This can only be explained by....????
    Forecasts are for GDP to grow what...2 or 3 percent this quarter? You really expect that to have a big impact on our near 10-percent unemployment?

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Taylor View Post
    Forecasts are for GDP to grow what...2 or 3 percent this quarter? You really expect that to have a big impact on our near 10-percent unemployment?
    U-3 unemployment is a lagging indicator. Depleted inventories, historically low user cost of capital (interest rates), provide the frame work for a most positive shfit in aggregate demand. What will be interesting is the effect of liquidity draining on staple commodities; primarily energy and metals. A spike in oil prices will have a negative affect on growth.

    All in all, diminishing gains in productivity lead to greater demand for labor.
    ================================================== =====

    Two other things:

    1.) Your chart is completely off scale and bares no significant value to your argument.

    2.) You failed to answer my response:
    Do you honestly believe because you cite a few blog sites... you are within the "mainstream"?

    What is your "position" relative to the bid to cover following the $20 billion ten year note auction? Can you acknowledge that the economy is indeed on the upswing?
    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

  10. #140
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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Taylor View Post
    Having been made to look like a fool on jobs, GoldenBoy changes the subject to GDP...
    What was your chart charting? Jobs? Employment rate? It doesn't say. Nor does it have a scale.

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