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Thread: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

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    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by apdst View Post
    That tracks need to be on the way to getting the government the hell out of the private sector. We need to vote out every dumbass that thinks the government can fix the economy.
    From all the rhetoric I have heard all the republicans and all the democrats believe they can fix the economy. So who do you vote into office?
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Philly Fed business outlook survey:

    The survey’s broadest measure of manufacturing conditions, the diffusion index of current activity, increased from 19.3 in January to 35.9 this month. This is the highest reading since January 2004 (see Chart). The demand for manufactured goods is showing continued strength: Although the new orders index was virtually unchanged in February, it has increased over the past six months. The shipments index also improved markedly, increasing 22 points. Firms also reported a rise in unfilled orders and longer delivery times this month.

    Firms’ responses continue to indicate improving labor market conditions. The current employment index increased 6 points, and for the sixth consecutive month, the percentage of firms reporting an increase in employment (29 percent) is higher than the percentage reporting a decline (5 percent). More than twice as many firms reported a longer workweek (23 percent) than reported a shorter one (10 percent).
    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. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by apdst View Post
    What should we do, instead? Let the government run the show?
    I admitted I didn't have the answer, and that's not what I said.

    Again, if you think in such one dimensional terms, you'll get one dimensional solutions.

    This entire crisis was a combination of Government Failure, and private sector greed, and a system that is fundamentally flawed.

    Such as:

    Housing prices... they cannot go up forever.

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    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    I think if we add more government jobs and green jobs, raise taxes, and add more regulations the economy will start booming again.
    Caitlyn Strong...

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    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by USA_1 View Post
    From all the rhetoric I have heard all the republicans and all the democrats believe they can fix the economy. So who do you vote into office?
    I think what you're missing, is that the Republicans know that the best way for them to fix the economy is to get out of the way and let the private sector do it.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by Jetboogieman View Post
    Our current economic system of production, distribution and consumption is unsustainable and will lead to a global catastrophe never before seen by the likes of man.
    Our economic system is manipulated and cajoled by politicians who have had little to no regard for reckless and irresponsible trade policy as well as borrowing and spending over decades. THAT will lead to a catastrophe if the irresponsibility and reckless behavior is not removed - now, not later. The U.S. is still 4th in the world for exports. The system hasn't failed, we've failed the system by selling our country and it's citzens out for welfare and the "common good".
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d 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.


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    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by Awesome! View Post
    I think if we add more government jobs and green jobs, raise taxes, and add more regulations the economy will start booming again.
    And I think you are 100% absolutely positively wrong.

    In fact, your opinion is so flawed, I'd like links to back up everything you said or I'm going to have to call it bull****.
    Last edited by dontworrybehappy; 02-17-11 at 11:49 AM.

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    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by apdst View Post
    I think what you're missing, is that the Republicans know that the best way for them to fix the economy is to get out of the way and let the private sector do it.
    That campaign slogan is a little deceptive.
    Since the private sector(AIG, Leyman Bros, Countrywide, Goldman Sachs. IndyMac, etc) created the economic collapse how can that be? Getting out of it's way isn't going to help much, now is it? That was Bush's strategy. Remember? Without government help we would be in a depression worse than the Great Depression right now. Cutting taxes isn't the cure all like republicans claim. Bush's tax cuts during the housing boom helped creat the massive debt we have.

    Reagan wanted to get out of the way too. It led to a 180 billion dollar bailout of the savings and loans. History repeated itself because they never learn.
    Last edited by USA_1; 02-17-11 at 11:58 AM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    How many are government workers, unemployed due to budget cuts? Remember, they're just 'collateral' damage.


    "So be it".
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

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    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by BWG View Post
    How many are government workers, unemployed due to budget cuts? Remember, they're just 'collateral' damage.


    "So be it".
    A large number I'm hoping. 200,000 is a good number.... "So be it" doesn't have the panache of a "So let it be written... so let it be done." Kinda wish Boehner went with that one instead but ... whatever.
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d 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.


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