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Thread: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by apdst View Post
    The next thing you're going to say, is that Obama isn't responsible for all those oilfield hands that have been laid off since the moratorium.
    The moratorium is over.

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by Goldenboy219 View Post
    Just a quick question: If government spending is cut in half by next year, what does that do to the unemployment rate?
    nothing because the 151,000 figure is PRIVATE job creation growth. Government job growth is largely ignored when talking about the market.

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by DarkWizard12 View Post
    nothing because the 151,000 figure is PRIVATE job creation growth. Government job growth is largely ignored when talking about the market.
    Incorrect; the unemployment rate is a function of the aggregate labor market, this includes public and private job losses.
    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: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by apdst View Post
    Because he's ****in' lieing! There hasn't been a 1.1 million positive job growth added to the private sector this year.
    There has been 1.1 million private sector jobs created.
    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: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    You know things suck when the only thing the President can "herald" is a private sector job growth figure that ranks as the weakest for any recovery on record.

    I guess we'll have to wait and see where a second round of "quantitative easing" gets us.

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by apdst View Post
    Because he's ****in' lieing! There hasn't been a 1.1 million positive job growth added to the private sector this year.
    Hao dew ewe kno?

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by Goldenboy219 View Post
    There has been 1.1 million private sector jobs created.
    Perhaps in Canada.

    BHO is the best thing that ever happened to the Canadian economy.

    By refusing to drill for oil Canadians are doing very well in supplying the oil America needs. By "taxing the rich" these rich are now moving up to Canada where the corporate rate is 22% rather than 39% in the US. These "rich" by the way, include doctors, who are also moving back to Canada. Of course entrepreneurs are arriving as well as they can easily ship their products back to the US, and elsewhere, through NAFTA.

    Americans can forgive themselves for voting for a novelty president once but to do so twice would show a self inflicted wound from which they will never recover.

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by Taylor View Post
    You know things suck when the only thing the President can "herald" is a private sector job growth figure that ranks as the weakest for any recovery on record.

    I guess we'll have to wait and see where a second round of "quantitative easing" gets us.

    We were losing half a million jobs per month around the changeover to the Obama administration. This is better.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
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    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by Taylor View Post
    You know things suck when the only thing the President can "herald" is a private sector job growth figure that ranks as the weakest for any recovery on record.

    I guess we'll have to wait and see where a second round of "quantitative easing" gets us.

    Weimar Republic - Wikipedia, the free encyclopedia

    A repeat of history.


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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by Goldenboy219 View Post
    Incorrect; the unemployment rate is a function of the aggregate labor market, this includes public and private job losses.
    There are different employment rates used though.

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