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Thread: Obama announces his Candidacy for 2012.

  1. #1061
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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by The Prof View Post
    Obama's Economists: Stimulus Jobs $278,000 Per

    seeya at the polls, progressives
    Just to be clear, the headline is misleading. Obama's economists did not say each job cost 278k, and the calculation the author used to arrive at the number has been completely debunked in the past.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by BDBoop View Post
    What are you doing here? You're interrupting their circle jerk.
    Here are the line items in the budget, I really suggest you and others who want to call tax cuts an expense to contact the Treasury and tell them that the tax cuts need to be a line item expense. Then I want you to explain to me how you keeping more of what you earn is an expense to the govt?

    Expenses

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    Community Dev
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    General Govt.
    Net Interest

  3. #1063
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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Redress View Post
    Just to be clear, the headline is misleading. Obama's economists did not say each job cost 278k, and the calculation the author used to arrive at the number has been completely debunked in the past.
    facts, schmacts...

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Redress View Post
    Just to be clear, the headline is misleading. Obama's economists did not say each job cost 278k, and the calculation the author used to arrive at the number has been completely debunked in the past.
    You know, I think you're right....If you look on the WH own website, Recovery.gov, it comes out to $1.5 million per job....Thanks for pointing that out.


    j-mac
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    Re: Obama announces his Candidacy for 2012.

    the historically slow recovery, today:

    Two years ago, officials said, the worst recession since the Great Depression ended. The stumbling recovery has also proven to be the worst since the economic disaster of the 1930s.

    Across a wide range of measures—employment growth, unemployment levels, bank lending, economic output, income growth, home prices and household expectations for financial well-being—the economy's improvement since the recession's end in June 2009 has been the worst, or one of the worst, since the government started tracking these trends after World War II.

    In some ways the recovery is much like the 1991 and 2001 post-recession periods: All three are marked by gradual output growth rather than sharp snap-backs typical of earlier recoveries. But this recovery may remain lackluster for years, many economists say, because of heavy household debt, a financial system still damaged by the mortgage crisis, fragile confidence and a government with few good options for supporting growth.
    Debt Overhang Slows U.S. Economic Recovery - WSJ.com

    can you deny it?

    recovery summer, anyone?

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    Re: Obama announces his Candidacy for 2012.

    reuters' rendition: The US Jobs Gap

    "payroll employment today is 5% lower than it was before the recession began 41 months ago, that places the current economic recovery far below all other recessions dating back to the 1960's"

    stimulus, anyone?

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by j-mac View Post
    You know, I think you're right....If you look on the WH own website, Recovery.gov, it comes out to $1.5 million per job....Thanks for pointing that out.


    j-mac
    So you support and approve of misleading an inaccurate information.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Obama announces his Candidacy for 2012.

    today: U.S. jobless claims 418,000 - MarketWatch

    13 straight weeks over 400,000, "the level usually associated with a stable labor market"

    qe, anyone?

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    Re: Obama announces his Candidacy for 2012.

    ouch

    U.S. Payrolls Rise 18,000; Jobless Rate Climbs to 9.2% - Bloomberg

    private sector pathetic +57000, public sector lost 39000 jobs

    labor pool historic low, 64.1, smallest since 1984

    party on, progressives

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    Re: Obama announces his Candidacy for 2012.

    Jobs barely rise, dousing hopes of revival - Yahoo! Finance

    U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dampening hopes the economy was on the cusp of regaining momentum after stumbling in recent months.
    are YOU in a position to deny ap?

    furthermore:

    The government revised April and May payrolls to show 44,000 fewer jobs created than previously reported. The report shattered expectations that the economy was starting to accelerate after a soft patch in the first half of the year.
    state layoffs (on the order of hundreds of thousands) are just getting going, for your information

    State budgets are set to cause strain on the economy - Josh Boak - POLITICO.com

    hold on, folks, she's coming down fast

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