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Thread: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

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    Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    How is that hope and change working out for you? Why does anyone buy the rhetoric from this Administration?

    The recession ended in June 2009 and yet today we have higher unemployment each month of 2010 than we had in 2009, the last year of the recession? Are the remaining Obama supporters ever going to admit they have been duped by the rhetoric of this empty suit?

    Jobless Rate Rises to 9.8 Percent, Highest Since April - FoxNews.com
    Last edited by Redress; 12-03-10 at 07:54 PM. Reason: To Comply with BN guidelines-Title changed.

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    Jobless Rate Rises to 9.8 Percent, Highest Since April

    Jobless Rate Rises to 9.8 Percent, Highest Since April - FoxNews.com

    The nation's jobless rate rose to 9.8 percent in November, the highest since April, as the latest data showed employers hiring at a slower pace and the number of long-term unemployed staying about constant...

    Many economists had predicted the addition of nearly 150,000 jobs in November. But the report showed employers added just 39,000, a sharp decline from the 172,000 created in October. The weakness was widespread. Retailers, factories, construction companies, financial firms and the government all cut jobs last month...

    The jobless rate has now topped 9 percent for 19 straight months, the longest stretch on record...

    Another grim figure: There was a record 1.3 million "discouraged" workers in November. Those are persons not currently looking for work because they believe no jobs are available to them.

    And the Obama economic recovery rolls along...

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April

    Quote Originally Posted by Whovian View Post
    Jobless Rate Rises to 9.8 Percent, Highest Since April - FoxNews.com




    And the Obama economic recovery rolls along...
    Awww hell, we all know this is bush's fault.
    He has all the virtues I dislike and none of the vices I admire. ~ Winston Churchill

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April

    Sorry.... can a mod merge this with CONSERVATIVE's thread please? Thanks

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    Re: Unemployment rate hits 9.8%. Hope and Change?

    I wasn't aware that we were not still in a recession. The high unemployment would suggest that we are. Also, no one actually expected things to change overnight, not even the most staunch supporters of Obama. Hope and change are pretty good. If anything, we want more hope and more change. The main criticism by Obama's supporters is that he's not doing enough, not that the things he's doing are wrong.

    So yes, hope and change are infinitely preferable to repression and fear.
    Liberté. Égalité. Fraternité.

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    Re: Unemployment rate hits 9.8%. Hope and Change?

    Quote Originally Posted by Conservative View Post
    How is that hope and change working out for you? Why does anyone buy the rhetoric from this Administration?

    The recession ended in June 2009 and yet today we have higher unemployment each month of 2010 than we had in 2009, the last year of the recession? Are the remaining Obama supporters ever going to admit they have been duped by the rhetoric of this empty suit?

    Jobless Rate Rises to 9.8 Percent, Highest Since April - FoxNews.com
    Well, in all fairness he did increase the size, scope, and power of the federal government. The economic situation we've experienced was simply an excuse to do so. Any real american liberal/leftists knows this. So, no, no one was actually duped, except for some of the independents who actually believed his campaign promises and put him into office in the first place. It's really quite amazing just how easy it is to pull one over on political neophytes.
    He has all the virtues I dislike and none of the vices I admire. ~ Winston Churchill

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    Re: Unemployment rate hits 9.8%. Hope and Change?

    Quote Originally Posted by Paschendale View Post
    The main criticism by Obama's supporters is that he's not doing enough, not that the things he's doing are wrong.
    Really? His supporters think he hasn't done enough? ya think, Captain Obvious???

    The main criticism by his detractors is that he's tried to do too much, and that the things he's doing are wrong.

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    Re: Unemployment rate hits 9.8%. Hope and Change?

    Quote Originally Posted by Paschendale View Post
    I wasn't aware that we were not still in a recession. The high unemployment would suggest that we are. Also, no one actually expected things to change overnight, not even the most staunch supporters of Obama. Hope and change are pretty good. If anything, we want more hope and more change. The main criticism by Obama's supporters is that he's not doing enough, not that the things he's doing are wrong.

    So yes, hope and change are infinitely preferable to repression and fear.
    ....and yet we have a central government that is; larger, more powerful, and more intrusive than ever before. This isn't the kind of "change" and "hope" I would have supported, but then, I'm not an american liberal/leftist. But then, I know socialist societies generally do tend to rob their peoples of their individual liberties.
    He has all the virtues I dislike and none of the vices I admire. ~ Winston Churchill

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    Re: Unemployment rate hits 9.8%. Hope and Change?

    Quote Originally Posted by Paschendale View Post
    I wasn't aware that we were not still in a recession. The high unemployment would suggest that we are. Also, no one actually expected things to change overnight, not even the most staunch supporters of Obama. Hope and change are pretty good. If anything, we want more hope and more change. The main criticism by Obama's supporters is that he's not doing enough, not that the things he's doing are wrong.

    So yes, hope and change are infinitely preferable to repression and fear.
    NBER says we are out of the recession and economic growth indicates that we are out of the recession but it is a jobless recovery and that jobless recovery is due to Obama economic policies that do not promote private sector growth.

    Thanks for confirming that rhetoric trumps results in your world. Take that rhetoric to the grocery store with you to buy for the family? How has that message affected world and economic results? Why is it in your world that actual results are ignored and you continue to buy the rhetoric?

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    Re: Unemployment rate hits 9.8%. Hope and Change?

    Quote Originally Posted by Conservative View Post
    How is that hope and change working out for you? Why does anyone buy the rhetoric from this Administration?

    The recession ended in June 2009 and yet today we have higher unemployment each month of 2010 than we had in 2009, the last year of the recession? Are the remaining Obama supporters ever going to admit they have been duped by the rhetoric of this empty suit?

    Jobless Rate Rises to 9.8 Percent, Highest Since April - FoxNews.com
    Unemployment is a lagging indicator; but none the less our situation fits the definition of a "jobless recovery".
    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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