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Thread: Strongest jobs recovery in decades.

  1. #121
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    Re: Strongest jobs recovery in decades.

    this white house is so desperate and so bereft of something positive to say, in all this vast morass of data it feels its best talking point is "8 months of private sector job growth..."

    sure, mr we're-heading-in-the-right-direction, 10,000 private employees added in january, 35,000 in february, 20,000 in may...

    Yahoo! Image Detail for - http://www.americanprogress.org/issues/2010/06/img/prviatesectorjobs.jpg

    pathetic

  2. #122
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    Re: Strongest jobs recovery in decades.

    "67,000 in August may be better than expected, but it’s still awful. 125,000 are needed just for the growth in potential workforce. And the trend is moving in the wrong direction. Revised figure shows private sector created 107,000 jobs in July. In other words, things are getting worse, not better."

    Robert B. Reich's response to 'Obama's optimism on the economy justified?' - The Arena | POLITICO.COM

    robert reich, bubba's secty of LABOR, key contributor to the CLINTON economic team

    there's no other way to spin it

    sorry, worry

  3. #123
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    Re: Strongest jobs recovery in decades.

    Quote Originally Posted by The Prof View Post
    "67,000 in August may be better than expected, but it’s still awful. 125,000 are needed just for the growth in potential workforce. And the trend is moving in the wrong direction. Revised figure shows private sector created 107,000 jobs in July. In other words, things are getting worse, not better."

    Robert B. Reich's response to 'Obama's optimism on the economy justified?' - The Arena | POLITICO.COM

    robert reich, bubba's secty of LABOR, key contributor to the CLINTON economic team

    there's no other way to spin it

    sorry, worry
    What is it in the liberal DNA that prevents them from admitting when wrong?

  4. #124
    Educator joe six-pack's Avatar
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    Re: Strongest jobs recovery in decades.

    Quote Originally Posted by apdst View Post
    Except, that Recovery Summer has lost 293,000 jobs and the unenployment rate rose over the summer.

    Your article is nothing other than propaganda.

    The only way to fix the recession, is for the government to get the hell out of the way and let people make money.

    Government can'ty create wealth and it can't create jobs.
    Every economist knows that even a healthy economy loses jobs. This article is about the overall picture of ecomonic recovery. Yes, we lost jobs, but we also gained jobs.

    The Government can create jobs, if you open a history book up to the Great Depression. Federal spending on the war effort and public works ended the depression.
    Quote Originally Posted by Ron Paul
    "In the technical sense--by the economic definition--President Obama is not a socialist," - 4-10-2010
    Do you want to have a debate? Hit the reply button.

  5. #125
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    Re: Strongest jobs recovery in decades.

    Quote Originally Posted by joe six-pack View Post
    Every economist knows that even a healthy economy loses jobs. This article is about the overall picture of ecomonic recovery. Yes, we lost jobs, but we also gained jobs.

    The Government can create jobs, if you open a history book up to the Great Depression. Federal spending on the war effort and public works ended the depression.
    Joe, you were doing so well when you stated that people spending their money stimulates the economy then you go and do this?

    The job numbers this year are worse each month and in total vs. last year. Almost 16 million Americans are unemployed and that doesn't include the business owners that went out of business or the contract workers who lost their jobs. By all measures this Administration has been a disaster and attempts to spin it positively destroys your credibility.

  6. #126
    Educator joe six-pack's Avatar
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    Re: Strongest jobs recovery in decades.

    Quote Originally Posted by Conservative View Post
    Joe, you were doing so well when you stated that people spending their money stimulates the economy then you go and do this?

    The job numbers this year are worse each month and in total vs. last year. Almost 16 million Americans are unemployed and that doesn't include the business owners that went out of business or the contract workers who lost their jobs. By all measures this Administration has been a disaster and attempts to spin it positively destroys your credibility.
    When, may I ask, did I ever mention "this administration?" When did I defend the Presidents policies directly? I'm really curious what post you are reading.

    When it comes to the economy, I think of myself as fairly objective. It's a proven fact that lowering taxes can stimulate the economy, over time. That's your line of reasoning, as a Conservative, and I wont argue against it. But it's also a proven fact that Federal spending on the private secure leads to recovery. US history 101 doesn't lie, all I suggested was to read about the Great Depression. But as far as President Obama? He has not done a perfect job, by my score card, and I'm not an ideologue. Thanks for confusing the issue with your non-sense accusations anyway.
    Last edited by joe six-pack; 09-06-10 at 04:43 PM.
    Quote Originally Posted by Ron Paul
    "In the technical sense--by the economic definition--President Obama is not a socialist," - 4-10-2010
    Do you want to have a debate? Hit the reply button.

  7. #127
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    Re: Strongest jobs recovery in decades.

    Quote Originally Posted by FilmFestGuy View Post
    Okay. Let's examine this historically:

    Reagan's recession: 7/81 to 11/82 - 16 months.

    Let's look at the unemployment rate under his first term:

    In February, 1981 the unemployment rate was 7.4%

    By this point in his term, the unemployment rate was 10.1%.

    At the end of the recession in November of 1982, unemployment was 10.8%.

    It would not be until September, 1984 that the unemployment rate returned to its original level, slightly lower at 7.3%. It wouldn't be until well into 1987 that the unemployment rate would return consistantly under 7%.

    So, Reagan's recovery took much longer than the present one and unemployment continued upward for quite some time, as opposed to the present recovery, where unemployment has at least stagnated.
    A nice attempt at spin, but simply not true. GDP growth and employment were both much stronger in the early 80's.

    Most will agree the recent recession ended in the middle of last year. If we compare private sector job growth since August 2009 to the same time period of growth after November 82, we get the following:

    Average Private Sector Jobs per Month
    Reagan: 262,000
    Obama: 7,000

    The article linked in the OP wants to define "strongest" recovery in terms of succesive months of growth, ignoring actual numbers. The only reason to do that is if you want to spin the numbers to make Obama look good.

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