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

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

    More Americans than projected filed first-time claims for unemployment insurance last week, a sign the improvement in the labor market will take time to develop.

    Applications for jobless benefits increased by 25,000 to 410,000 in the week ended Feb. 12, exceeding the 400,000 median forecast of economists surveyed by Bloomberg News, Labor Department figures showed today. The total number of people receiving unemployment insurance was little changed, while those collecting extended payments decrease.


    U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week - Bloomberg

    Let's see, back above 400K....Hmmmmm...Will there be a headline like the other thread how Jobless percentage rises back over 9%? Or are other stories like Egypt still more important than the failures of Obama to get this economy turned around.


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

    And, of course it was, "unexpected".
    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 j-mac View Post
    Let's see, back above 400K....Hmmmmm...Will there be a headline like the other thread how Jobless percentage rises back over 9%? Or are other stories like Egypt still more important than the failures of Obama to get this economy turned around.


    j-mac
    I would argue this:

    Stop fooling yourself into thinking you can get back what is lost. I think our economic model has failed, and now we're artificially trying to bring it back when really, we should scrap it all together. The system has failed as an idea, and failed us the people. It worked for awhile, but it has been proven to be fundamentally flawed.

    Do I have the answer? Nope. But if ya'll want to return to "The Good Old Days" whatever that even means to you, then you're sadly mistaken.

    The world is changing, you're no longer going to be USA #1, there will come a day when the press will be equal in a Beijing press room as to the White House one, BUT you're not going to fall because you're no longer #1, that is a fallacy, I'm sure many people thought Britain itself would dissolve when the Empire did, that was not the case.

    You guys have to change, put yourself on a different track, you're living in the past, a dangerous place to be. This is about the future of your nation.

    "Some people think the future means the end of history, people can be very frightened of change" - James T. Kirk

    If you keep thinking in such one dimensional terms, "Fix it, Fix It, Fix it!" You're going to get one dimensional solutions from your politicians.

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

    Time to prepare for the next recalibration of how unemployment is measured. The new formula will be forgetting to carry the 1; it's only a 1 after all who needs it?
    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.


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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
    I would argue this:

    Stop fooling yourself into thinking you can get back what is lost. I think our economic model has failed, and now we're artificially trying to bring it back when really, we should scrap it all together. The system has failed as an idea, and failed us the people. It worked for awhile, but it has been proven to be fundamentally flawed.

    Do I have the answer? Nope. But if ya'll want to return to "The Good Old Days" whatever that even means to you, then you're sadly mistaken.

    The world is changing, you're no longer going to be USA #1, there will come a day when the press will be equal in a Beijing press room as to the White House one, BUT you're not going to fall because you're no longer #1, that is a fallacy, I'm sure many people thought Britain itself would dissolve when the Empire did, that was not the case.

    You guys have to change, put yourself on a different track, you're living in the past, a dangerous place to be. This is about the future of your nation.

    "Some people think the future means the end of history, people can be very frightened of change" - James T. Kirk

    If you keep thinking in such one dimensional terms, "Fix it, Fix It, Fix it!" You're going to get one dimensional solutions from your politicians.
    There's where your wrong.. The system didn't fail, the PEOPLE running the system failed.
    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.


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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
    I would argue this:

    Stop fooling yourself into thinking you can get back what is lost. I think our economic model has failed, and now we're artificially trying to bring it back when really, we should scrap it all together. The system has failed as an idea, and failed us the people. It worked for awhile, but it has been proven to be fundamentally flawed.

    Do I have the answer? Nope. But if ya'll want to return to "The Good Old Days" whatever that even means to you, then you're sadly mistaken.

    The world is changing, you're no longer going to be USA #1, there will come a day when the press will be equal in a Beijing press room as to the White House one, BUT you're not going to fall because you're no longer #1, that is a fallacy, I'm sure many people thought Britain itself would dissolve when the Empire did, that was not the case.

    You guys have to change, put yourself on a different track, you're living in the past, a dangerous place to be. This is about the future of your nation.

    "Some people think the future means the end of history, people can be very frightened of change" - James T. Kirk

    If you keep thinking in such one dimensional terms, "Fix it, Fix It, Fix it!" You're going to get one dimensional solutions from your politicians.
    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.
    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 Ockham View Post
    There's where your wrong.. The system didn't fail, the PEOPLE running the system failed.
    Damn right!!!!!!!!!!!!!
    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 j-mac View Post
    Let's see, back above 400K....Hmmmmm...Will there be a headline like the other thread how Jobless percentage rises back over 9%? Or are other stories like Egypt still more important than the failures of Obama to get this economy turned around.


    j-mac
    Who are you blaming now? The guy that spilt the milk or the guy that isn't cleaning it up fast enough?

    It was obvious in 2008 that things were much worse than they were saying. Bush even hinted at a depression. It will be years if not decades before things get back to pre-2001 levels. Then again, this may be as good as it gets. The US may have peaked.
    "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

    Quote Originally Posted by Ockham View Post
    There's where your wrong.. The system didn't fail, the PEOPLE running the system failed.
    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.

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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.
    What should we do, instead? Let the government run the show?
    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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