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Employers add no net jobs in Aug.; rate unchanged

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So, what you're telling me is that althought Obamacare was signed into law in Mar 2010 businesses can't adjust the tailend of their 5-yr plan to incorporate tax increases, if any, that may apply to them?

As I said in another thread recently, businesses need to STOP USING THE PPACA AS AN EXCUSE NOT TO HIRE! The projections are still 3-4 years out and have nothing to do with them planning for today. Moreover, if as you say businesses work on 5-year planning cycles, it's clear then that some have planned rather poorly don't you think?

Ever run a business? How much does it cost to hire and train an employee and then what are the turnover costs? What you are ignoring is that this affects small businesses, not those "evil" large corporations. Someone has to pay for these increases in expenses and it isn't going to be the company but instead passed on to the consumer. If the market won't support the cost then the business will go out of business.
 
Where ya been Pete?

The housing market and mortgage lenders crashed, which was casued by the failed CRA, a policy instituted and enforced by the previous 2 democratic administrations.
I'm still waiting for YOU to explain how the CRA created the housing bubble.
 
Obama had total control of the Congress, comes out of the Senate that was in power the last two years of the Bush Administration, spends over a trillion dollars, generates the following results 2 1/2 years later and blames Bush and everyone else for it. That is what is called liberal leadership and why this country is in a mess today.

Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.
 
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Unemployment rate by month

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0
2008 5.0 4.8 5.1 4.9 5.4 5.6 5.8 6.1 6.2 6.6 6.8 7.3
2009 7.8 8.2 8.6 8.9 9.4 9.5 9.5 9.7 9.8 10.1 9.9 9.9
2010 9.7 9.7 9.7 9.8 9.6 9.5 9.5 9.6 9.6 9.7 9.8 9.4
2011 9.0 8.9 8.8 9.0 9.1 9.2 9.1 9.1

Conservative - this is a terrible example.

Obama didn't cause the recession that created the high unemployment levels. I think this is common knowledge.

Why do you keep posting this? :(
 
Conservative - this is a terrible example.

Obama didn't cause the recession that created the high unemployment levels. I think this is common knowledge.

Why do you keep posting this? :(

This shows that the Bush administration generated very good results up until the Democrats took control of Congress and implemented their legislative control. Bush has been blamed for the recession and for the poor economy, just showing that it wasn't always poor. Then I posted the 2011 results which are also blamed on Bush, so explain that one to me.

Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.
 
Conservative - this is a terrible example.

Obama didn't cause the recession that created the high unemployment levels. I think this is common knowledge.

Why do you keep posting this? :(
He want to blame the Democratic Congress, but he can't say why. This is something he does, get used to it.

And he posts these talking points 30 time a day. Again, get used to it.

Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.
 
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He want to blame the Democratic Congress, but he can't say why. This is something he does, get used to it.[/QUOTE

Just to be fair what you always do is ignore actual data and results. You have blamed Bush for everything while ignoring the Obama results. The question is why?
 
Let's see, October unemployment 10172 and January 11919 and the difference is what? stop lying, Sheik.
... the difference is ... 1.7 million jobs. Now round.

Stay away from numbers, Con. They're not your friend. :lol:
 
... the difference is ... 1.7 million jobs. Now round.

Stay away from numbers, Con. They're not your friend. :lol:

So you select the numbers you want to round? LOL, still supporting the empty suit in the WH? How about that Hope and Change?

Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.
 
Let's hear it libs, how the economy is getting better.....Ha! what a joke....:roll:

Then there is this little ditty.....



That 16% must largely be in these forums from what I see of the posting from liberals, and liberals that are ashamed to admit they are liberals in here...:lol:

j-mac

Government is the answer. That is your position, right?

:coffeepap
 
Unemployment rate by month

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0
2008 5.0 4.8 5.1 4.9 5.4 5.6 5.8 6.1 6.2 6.6 6.8 7.3
2009 7.8 8.2 8.6 8.9 9.4 9.5 9.5 9.7 9.8 10.1 9.9 9.9
2010 9.7 9.7 9.7 9.8 9.6 9.5 9.5 9.6 9.6 9.7 9.8 9.4
2011 9.0 8.9 8.8 9.0 9.1 9.2 9.1 9.1
Yep, just like I said ...

Bush, unemployment went from 4.2% to 7.8% -- a 3.6 point jump (86% increase)
Obama, unemployment went from 7.8% to 9.1% -- a 1.3 point jump (17% increase)


Thanks!
 
Yep, just like I said ...

Bush, unemployment went from 4.2% to 7.8% -- a 3.6 point jump (86% increase)
Obama, unemployment went from 7.8% to 9.1% -- a 1.3 point jump (17% increase)


Thanks!

Yep, Bush average unemployment rate under 6% and Obama's over 9. Now there is a record that liberals are proud of.

Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.
 
This shows that the Bush administration generated very good results up until the Democrats took control of Congress ...

And there again you're wrong and the numbers you posted bare that out.

Democrats took control of Congress beginning January 2006. Unemployment averaged around 4.8% from January 2006 thru July 2008. How you can claim that things started to go downhill because of a Democratically held Congress when GWB's average unemployment rate was clearly higher from 2001-2006 just by looking at the figures you posted (see post #154 for quoted figures) is just foolish and laughable to boot.
 
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This shows that the Bush administration generated very good results up until the Democrats took control of Congress and implemented their legislative control. Bush has been blamed for the recession and for the poor economy, just showing that it wasn't always poor.

I don’t think the burst of the mortgage bubble and the high unemployment rates are the direct result of the Democrats taking control of Congress. The bubble has a much longer term ‘culprit’ to blame, and that’s Washington’s inability to hold anyone in the banking industry accountable when they break the law.

I believe in free market, but I don’t believe that powerful businesses should be allowed to break the law just because they’re powerful. Without fraud we would NOT have seen the market collapse the way it did.

First President in U.S. History to have our credit downgraded on his watch!

Well, true. But to imply that he was the direct reason for the downgrade is nonsense.

And on another note, S&P ratings are a sham! We need to get rid of government mandated rating agencies. You strip that government endorsement, and eventually people will realize that they (the ratings agencies) serve absolutely no purpose. Do your own research!
 
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This shows that the Bush administration generated very good results up until the Democrats took control of Congress and implemented their legislative control. Bush has been blamed for the recession and for the poor economy, just showing that it wasn't always poor.
And the cause of that crash ... ? Wait for it .... wait for it ....


"Thanks to our policies, home ownership in America is at an all-time high." ~ George Bush, 9.2.2004, RNC acceptance speech
 
And there again you're wrong and the numbers you posted bare that out.

Democrats took control of Congress beginning January 2006. Unemployment averaged around 4.8% from January 2006 thru July 2008. How you can claim that things started to go downhill because of a Democratically held Congress when GWB's average unemployment rate was clearly higher from 2001-2006 just by looking at the figures you post (see post #154 for quoted figures) is just foolish and laughable to boot.

No,the election was in Nov. 2006, they took over in January 2007. Elections are in even years but nice try.

Suggest you research before posting
 
And the cause of that crash ... ? Wait for it .... wait for it ....


"Thanks to our policies, home ownership in America is at an all-time high." ~ George Bush, 9.2.2004, RNC acceptance speech

Obama record that you are running from

Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.
 
Just to be fair what you always do is ignore actual data and results. You have blamed Bush for everything while ignoring the Obama results. The question is why?
You don't believe the results you post, why should others?
 
You don't believe the results you post, why should others?

I won't be voting for Bush in 2012, wonder why you will be voting for Obama? How did Bush generate these results 2 1/2 years after leaving office?

Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.
 
Sorry for the text bomb, but I figure it's needed to combat the fail here.

Aw bull****, stop with the bleeding heart liberal and tell that to Bill Gates, Steve Jobs, and all other self made millionaires who took risk and didn't need govt. to take care of them.

Your lack of understanding of the private sector is an indictment of our education system today. In a free enterprise society there are going to be people that cannot compete and are going to be left behind. That is their own fault and not the role of the govt. to raise them up beyond their ability to compete. Failure is not only an option with liberalism but an expectation so as to create dependent people

Time for a personal story that I've mentioned from time to time: growing up, my dad was raising 1 son full time, and 2 kids part time (custody arrangements and the like.) He worked as a small business owner running his own lawncare company. Well, around 2000 or so, the economy tanked- and people see hiring someone to care for your lawn as a luxury, so he lost a large chunk of his client. Since his entire industry was in the same boat (and to say nothing of the town's economy in the first place), he had to resort to government aid to get us through until business picked up or he could get hired somewhere else. Of course, after things picked back up, he was able to regain clients, and did great after that. So, my point is, government aid can help hard-working people through difficult times.

They are making money by doing more with less. Increase the demand and businesses will hire. Obama isn't doing that by improving incentive

You do realize that you've just summed up the essence of Keynsian economics, right?

Clean debt limit increase does nothing but raise the credit card limit and that is and was unacceptable. There are no spending cuts because the base budget used was the record 3.7 trillion plus normal increases.

Can you give me one other instance where there was this level of negotiation/hostage taking over the debt? What the GOP did was completely unprecedented.

This shows that the Bush administration generated very good results up until the Democrats took control of Congress and implemented their legislative control. Bush has been blamed for the recession and for the poor economy, just showing that it wasn't always poor. Then I posted the 2011 results which are also blamed on Bush, so explain that one to me.

Can you show me specific legislation or actions that the Dem controlled congress took that was responsible? A bill they passed or action they convinced Bush to do, perhaps?

most conservatives hate a 3.7 trillion dollar federal govt. and that being the baseline for cut consideration. Let me know when Obama has a net job gain in the private sector from when he took office. That freaking party of no is 1/3 of the govt. that is saying no to the Obama record. When will you join that party of no that generated the following results? I know how badly you want to ignore the first two years Obama had when the Republicans couldn't say no.

The thing about the deficit is that is isn't an immediate problem. It may cause problems down the line, but right now it's not the pressing issue, jobs and the economy are. The thing is, government spending is good for the economy because it keeps money circulating. If I take money and buy a gallon of milk with it, the grocer will take that money and use it to pay an employee; Cutting the deficit does nothing to help the economy.

Obama economic results in 2011, .4% GDP and 1% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 38-41% JAR and well over 50-55% disapproval ratings.

Interestingly enough, S&P blamed the downgrade on politicians playing chicken with the debt limit increase. Now, which party was it that was doing that, again? *cough* GOP *cough*
 
Just to be fair what you always do is ignore actual data and results. You have blamed Bush for everything while ignoring the Obama results. The question is why?
Why do you ignore the FACT that this is the worse recession since the Great Recession, began under Bush's watch, not under Obama's watch. And like the Great Depression wasn't cured easlily, so this will not be either. It will be even harder now, since we don't have the industrial base we once had. If Adam Smith taught anything, it was that the wealth of a nation is dependent upon that nation making things. Wealth is created by making things, not on Wall Street.
 
I don’t think the burst of the mortgage bubble and the high unemployment rates are the direct result of the Democrats taking control of Congress. The bubble has a much longer term ‘culprit’ to blame, and that’s Washington’s inability to hold anyone in the banking industry accountable when they break the law.

I believe in free market, but I don’t believe that powerful businesses should be allowed to break the law just because they’re powerful. Without fraud we would NOT have seen the market collapse the way it did.



Well, true. But to imply that he was the direct reason for the downgrade is nonsense.

And on another note, S&P ratings are a sham! We need to get rid of government mandated rating agencies. You strip that government endorsement, and eventually people will realize that they (the ratings agencies) serve absolutely no purpose. Do your own research!

If you have been following this forum you would see that Bush has been blamed for everything including claims made by Obama. As I pointed out Congress was under the control of the Democrats from January 2007-January 2011. The Obama results today have nothing to do with the Bush years as he had total control of Congress and a blank check to solve the problems. He has been a miserable failure. Having total debt of 14.6 trillion dollars which is close to our yearly GDP is a joke. The Obama budgets have been records and he has done absolutely nothing to slow spending or cut spending. Using the baseline record budget as a starting point is a joke and fools no one except the minions that buy his rhetoric.
 
No,the election was in Nov. 2006, they took over in January 2007. Elections are in even years but nice try.

Suggest you research before posting

Either way you slice it, GWB still averaged a higher unemployment rate leading up to when the Democrats controlled Congress during his presidency whether they took over in 2006 or 2007. Only a fool would continue to play partisan games with the numbers you continue to post because the facts just don't support your claim. Still, you can turn off the "blame Bush" water works. We all know you're from the great state of Texas and no matter what GWB did right or wrong you'll never place blame at his feet.

For what it's worth, I blame Bill Clinton for deregulation just as much as I blame GWB for his failure to provide regulatory oversight. And I blame Congress for not stepping in and doing what was right for the country as the buildup to the housing bubble loomed just as I blame it now for putting politics ahead of practicality.
 
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Why do you ignore the FACT that this is the worse recession since the Great Recession, began under Bush's watch, not under Obama's watch. And like the Great Depression wasn't cured easlily, so this will not be either. It will be even harder now, since we don't have the industrial base we once had. If Adam Smith taught anything, it was that the wealth of a nation is dependent upon that nation making things. Wealth is created by making things, not on Wall Street.

And you ignore the recession of 81-82 which was worse. This recession ended June 2009 and the results today are worse than when he took office, that is a fact and his responsibility.
 
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