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Thread: US Job Market Loses Steam

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    Re: US Job Market Loses Steam

    Quote Originally Posted by apdst View Post
    Let me get this straight, we lose 7 million jobs; there have been less than a half million jobs created in the market, since. Obviously, the market hasn't come very far.
    It went from losing 600k private sector jobs per month to gaining 70k.
    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.
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    Re: US Job Market Loses Steam

    Quote Originally Posted by Goldenboy219 View Post
    It went from losing 600k private sector jobs per month to gaining 70k.
    Except, that there weren't actually 70,000 jobs created.

    It's trick math. It's like that rediculous commercial that suggest a freight train can haul one ton of cargo 400 miles, on one gallon of fuel. I guess P.T. Barnum was right.
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    Re: US Job Market Loses Steam

    Quote Originally Posted by apdst View Post
    Except, that there weren't actually 70,000 jobs created.

    It's trick math. It's like that rediculous commercial that suggest a freight train can haul one ton of cargo 400 miles, on one gallon of fuel. I guess P.T. Barnum was right.
    You can document this claim of course.
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    Re: US Job Market Loses Steam

    Quote Originally Posted by Redress View Post
    You can document this claim of course.
    The job numbers? I already have, try and keep up.

    As far as P.T. Barnum being right, one only has to read this thread.
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    Re: US Job Market Loses Steam

    Quote Originally Posted by apdst View Post
    The job numbers? I already have, try and keep up.

    As far as P.T. Barnum being right, one only has to read this thread.
    No you have not. You pointed out a few thousand census workers who are already mostly off the payroll.
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    Re: US Job Market Loses Steam

    Quote Originally Posted by Redress View Post
    No you have not. You pointed out a few thousand census workers who are already mostly off the payroll.
    There werwe 130,000 jobs lost in July. 40,000 of those jobs were census jobs. That leaves 90,000 jobs. That doesn't equate to a gain of 70,000 jobs.

    The government is playing tricks on some of you and you're falling for it.
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    Re: US Job Market Loses Steam

    Quote Originally Posted by apdst View Post
    There werwe 130,000 jobs lost in July. 40,000 of those jobs were census jobs. That leaves 90,000 jobs. That doesn't equate to a gain of 70,000 jobs.

    The government is playing tricks on some of you and you're falling for it.
    Where you are confused is with the notion of private sector and public sector jobs. Overall, we lost jobs, since the government shed workers. However, the private sector gained 71k jobs in July. So, Goldenboy is correct, and your objection based on census workers is absolutely wrong, since census workers are not private sector employees.
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    Re: US Job Market Loses Steam

    This is slightly off-topic, but it seems to be that the Bush tax cuts to the very wealthy (which are still in effect) did not increase jobs one iota.
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    Re: US Job Market Loses Steam

    Quote Originally Posted by Middleground View Post
    This is slightly off-topic, but it seems to be that the Bush tax cuts to the very wealthy (which are still in effect) did not increase jobs one iota.
    They did not to any degree

    Most of the money the wealthy retained went into financial investments or were invested offshore rather then to productive investments in the US which would have increased jobs domestically.
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    Re: US Job Market Loses Steam

    Quote Originally Posted by Middleground View Post
    This is slightly off-topic, but it seems to be that the Bush tax cuts to the very wealthy (which are still in effect) did not increase jobs one iota.
    From the summer of 2003 when the tax cuts for everyone went into effect, until the housing and financial markets went belly up, those tax cuts created over 8 million jobs. (See image below)

    Why don't you check the statistic from the BLS website and get back to me.
    Bureau of Labor Statistics Data
    Attached Images Attached Images

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