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Thread: New jobless claims up sharply as layoffs persist

  1. #31
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    Re: New jobless claims up sharply as layoffs persist

    Quote Originally Posted by zimmer View Post
    Yawn.

    Talk about running and hiding.
    Well, you do it to. You make a broad comment, I ask you to answer some questions, and you run away from them.

    JFK stated the realities clearly. In recent history Reagan proved what happens when you follow that path... Or is JFK not good enough for you folks any longer?
    Look Kiddies! Another person who doesn't know what linear regression is! And you are ignoring how Reagan practiced Keynesian policies as well. Spending hundreds of billions on defense poured huge amounts into the defense industry which then increased demand down the supply chain, but you will ignore that because it's easier then actually addressing how your ideology isn't fact based.

    Obama has sprinted in the other direction, and has created confusion in the market.
    He has business owners sitting on their hands waiting out the storm.
    Good luck proving that.

    Was it not Obama who implored business to hire and not look at profits? Yes it was.
    I'd ask for a link...but I know better then to ask you.

    He thinks jobs are social programs and businesses an extension of his government.
    Business owners see him and the Dem controlled Congress as hostile, and... will wait for safer, more sane waters.
    Yeah. Business owners hate bonus depreciation and tax cuts.

    Do you have any actual arguments or just partisan ranting?

    I see you can't answer my questions either.

    And your link is relevant how?

    For all of you who claim Obama didn't do anything, why can't you answer my simple questions?

    Simple: all you have is partisan ranting.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  2. #32
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    Re: New jobless claims up sharply as layoffs persist

    Quote Originally Posted by TurtleDude View Post
    any proof of that claim? do you think the New Deal helped end the depression or prolonged it?

    No way to prove it.
    Last edited by TBone; 06-19-10 at 08:18 AM.
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  3. #33
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    Re: New jobless claims up sharply as layoffs persist

    I think it's just common sense. I saw 3/4 of a trillion dollars put aside and being spent to soften the recession, raise spending, raise consumer confidence, and lower unemployment to a level of around 8%. What I see in reality was and is: The recession continuing, spending at a low/moderate level, consumer confidence low, and unemployment at 9.7% with little movement. What I also see is an inability to balance a federal budget, promised spending of 4 trillion over the next decade adding to that deficit, Washington printing more money, and continued efforts to inject money we do not have into delaying another bubble.



    More and more people just don't like the dog food Obama's White House is selling no matter how slick the advertisements look.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  4. #34
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    Re: New jobless claims up sharply as layoffs persist

    [QUOTE]
    Quote Originally Posted by obvious Child View Post
    Well, you do it to. You make a broad comment, I ask you to answer some questions, and you run away from them.
    How's your alternative energy thang work'in for ya?
    Your midget mobiles? Buy one yet for the family? LOL...

    Look Kiddies! Another person who doesn't know what linear regression is! And you are ignoring how Reagan practiced Keynesian policies as well. Spending hundreds of billions on defense poured huge amounts into the defense industry which then increased demand down the supply chain, but you will ignore that because it's easier then actually addressing how your ideology isn't fact based.
    Cute, but expected from an Obamatron.
    The military isn't a social program. It's Constitutional too.
    Post Vietnam and Carter, the military needed upgrading, and that costs money.
    Paid off too, as it helped break the backs of the Soviets.

    Good luck proving that.
    ROTFLOL.
    "The Economy Stupid". Says it all.

    I'd ask for a link...but I know better then to ask you.
    Asked how how and why small business loans would help small business, President Obama replied:
    "If [small businesses] can get the bank loans to boost their payroll... they will do so."
    Google it yourself.

    Our economic illiterate thinks businesses take loans to make payroll.

    The other quote I'll keep working on.
    It's buried in mountains of silly ObaMarx comments.
    Yeah. Business owners hate bonus depreciation and tax cuts.
    Why not make deep, permanent cuts as JFK (R-MA) explained?
    Why not come out and say Cap and Tax is dead?
    Why not cut regulations?

    Why? Because he's an illiterate. The private sector is as foreign to him as Mars.

    Obama is the definition of The Peter Principle.



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    Last edited by zimmer; 06-19-10 at 12:05 PM.
    The Clintons are what happens...
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  5. #35
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    Re: New jobless claims up sharply as layoffs persist

    'Stimulus' or not, Obama seeks new spending - Washington Times
    Peter Morici, a business professor at the University of Maryland and former chief economist at the U.S. International Trade Commission, said Mr. Obama's proposed small-business lending fund is "a drop in the bucket" compared with what is needed. With the estate tax scheduled to be reimposed at the end of this year, he said, small businesses will suffer even more.

    "I can't imagine a president with a more anti-small-business agenda than Barack Obama," Mr. Morici said. "What you saw in the Rose Garden was the cynical enterprise of a cynical man. He simply doesn't believe in the private sector, and it shows in his actions."
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  6. #36
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    Re: New jobless claims up sharply as layoffs persist

    Quote Originally Posted by obvious Child View Post
    I'd ask for a link...but I know better then to ask you.
    Found it. Took some digging.

    The speech reads like comedy today... like a Grade School teacher... but he threw some barbs in about small business.
    The barbs reveal his perverse mentality about business.

    Many have figured out how to squeeze more productivity out of fewer workers, and that cost-cutting has become embedded in their operations and in their culture. That may result in good profits, but ...

    Remarks by the President and Vice President at the Opening Session of the Jobs and Economic Growth Forum | The White House
    What pro-business President speaks like this?
    None I know of... they instinctively understand that is what businesses do! Squeeze, fight, cut costs AND TRY TO INSTILL IT INTO THEIR CULTURE.

    The best businesses stay lean. They behave like start-ups. Always looking to increase productivity.
    Last edited by zimmer; 06-19-10 at 12:58 PM.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  7. #37
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    Re: New jobless claims up sharply as layoffs persist

    Quote Originally Posted by Lord Tammerlain View Post
    It has helped and it will hurt

    The spending has caused the recession to be shallower then it would have been. Believe it or not without the government deficit spending in the Obama admin, the # of unemployed would be higher, housing values would be lower, and there would be more foreclousures then current levels. The spending will of course hurt future US economic growth,
    The only time you can make a claim such as (The spending has caused the recession to be shallower then it would have been.) you have is with hindsight after a number of years have passed.

  8. #38
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    Re: New jobless claims up sharply as layoffs persist

    Quote Originally Posted by Ockham View Post
    I think it's just common sense. I saw 3/4 of a trillion dollars put aside and being spent to soften the recession, raise spending, raise consumer confidence, and lower unemployment to a level of around 8%. What I see in reality was and is: The recession continuing, spending at a low/moderate level, consumer confidence low, and unemployment at 9.7% with little movement. What I also see is an inability to balance a federal budget, promised spending of 4 trillion over the next decade adding to that deficit, Washington printing more money, and continued efforts to inject money we do not have into delaying another bubble.
    a few comments :
    a) it doesn't matter to balance the budget, what needs balancing is the "comprehensive annual financial report". (look it up)
    b) all the fed knows how to do is print more money... and then trillions more get 'created' through derivatives... those are all numbers on a screen, so the majority of the currency litterally is not worth the paper it's not printed on.
    c) To call this a 'recession' is being nice... unemployment figures are getting close to levels of the great depression, the only jobs that have been created were census workers, who are not creating an 'economy' and those jobs will be gone this summer, and even those are cooking the numbers by firing and rehiring employees everymonth.
    d) Gerald Celente has forecast that the TARP money will dry up in the near future, and before the end of the year there would be the "collapse of 2010"... he then went on to say that history shows that when a government goes bankrupt it takes it's people to war. Look at the escalations going on surrounding Israel and Iran recently.


    More and more people just don't like the dog food Obama's White House is selling no matter how slick the advertisements look.
    It's about time people are starting to realize that it doesn't matter Republican or Democrat... oh an I'm sure finding out that pre-existing conditions are not covered.... these people don't even read the bills they are supposed to sign and they don't write the bills they are supposed to read, the lobbies do that.

    Noone considers how the things they sign will affect the people.

  9. #39
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    Re: New jobless claims up sharply as layoffs persist

    Quote Originally Posted by TBone View Post
    No way to prove it.
    There is proof that FDR's decision to revalue the currency (in effect moving away from the international gold standard) and his decision to have a banking holiday and create FDIC did have a significant effect. They marked the turning point of the great depression.

  10. #40
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    Re: New jobless claims up sharply as layoffs persist

    Quote Originally Posted by zimmer View Post
    How's your alternative energy thang work'in for ya?
    Your midget mobiles? Buy one yet for the family? LOL...
    Not surprising Zimmer cannot address what he replies to.

    You are just as bad as him.

    Cute, but expected from an Obamatron.
    So basic statistics is following an Obama cult?

    Can you even define linear regression?

    The military isn't a social program. It's Constitutional too.
    Post Vietnam and Carter, the military needed upgrading, and that costs money.
    Paid off too, as it helped break the backs of the Soviets.
    One must wonder if you can even read. I discussed how military spending in the defense contractor aspect produces significant economic activity. You replied with something entirely unrelated. Thus, this suggests you only understand a few words of English and therefore assume whatever the one or two words of 50 you understand are the entire discussion. How the hell is what you posted relevant to what I said?

    ROTFLOL.
    "The Economy Stupid". Says it all.
    Got it. You want it to be true therefore it is despite no evidence to support your position.

    Asked how how and why small business loans would help small business, President Obama replied:
    "If [small businesses] can get the bank loans to boost their payroll... they will do so."
    Google it yourself.

    Our economic illiterate thinks businesses take loans to make payroll.
    Actually they do. Most large businesses utilize short term commercial lending to finance operations. The US is in many ways similar to South Korea circa 1995. Hence why the credit freeze was very capable of wiping out many good businesses. And why Bush and Obama spent huge sums of cash to reduce the impact of the credit crisis. This is basic economics 101. What is painfully clear is you have absolutely no understand of it at all. Rather then address my specific points, you reply with partisan vague commentary that is often irrelevant to what you quoted.

    Why not make deep, permanent cuts as JFK (R-MA) explained?
    Why not come out and say Cap and Tax is dead?
    Why not cut regulations?
    How about you answer my questions first?

    And I see you refuse to actually admit that Obama did things to help small business. What a hack you are. Bush did the same thing but you outright refuse to give Obama the same credit for the same policies.

    Republican = Good
    Democrat = Bad despite following identical policies.

    And your link in no way shows what you claim it to be. Nowhere in his speech does he call for businesses to ignore profits and just hire. I seriously question if you can even understand the English Language given your complete lack of comprehension here.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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