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U.S. Jobless Rate Unexpectedly Declines to 8.6%

You assume that GM would have gone out of business and there is no proof of that happening.

And you have no proof they wouldn't have. Even more so you haven't provided a substantive argument they would have survived.
 
Small businesses are hurting do to a general lack of sales (demand!). You surely do not spur demand by cutting output.

How much demand is created by the 24 million unemployed and under employed plus the millions more not counted because they are contract workers or small businesses that have failed?
 
And you have no proof they wouldn't have. Even more so you haven't provided a substantive argument they would have survived.

Only history of companies that went through bankruptcy and returned to profitability. Obama saved the unions and the taxpayers picked up the tab.
 
How much demand is created by the 24 million unemployed and under employed plus the millions more not counted because they are contract workers or small businesses that have failed?

More than if there wouold have been more unemployed. Surely you can grasp that?
 
What do any of your posts have to do with the thread topic? Posting Obama results refutes the thread claims of economic improvement

Nonsense. Posting a slew of raw data without the ability to analyze it is meaningless. You want to turn this into an opinion thread. That is perfectly acceptable in topics like abortion, religion, etc.... But when you enter the realm of political economy, you need to bring more than an uninformed opinion to the table.
 
nope, i'm excited with more people finding work, with more money flowing into the economy, with more people getting off financial assistance...i'm excited that things are looking up for the country, unlike you, who wants to see the country continue to be stuck in neutral, who wants people to continue to suffer, for the sole purpose of electing a republican as potus.

Sometimes it is just fun to add a video.

 
In a capitalistic economy businesses win and lose. GM's loss would have been someone else's gain. To claim that the auto company would have gone out of business is nothing more than speculation. Not sure what that has to do with the thread topic. It does seem that Obama supporters will do anything to divert from the Obama record. Don't blame them

You don't know what you're talking about. GM had a net worth of -$100 billion. No one was going to take them over. No once COULD take them over as the equity markets were completely locked up. They had already tried every conceivable option short of a fast track bankruptcy financed by the government.

I suggest you read "Once Upon a Car" -- excellent book about the fall and rise of the big three.
 
Only history of companies that went through bankruptcy and returned to profitability. Obama saved the unions and the taxpayers picked up the tab.

That's your substantive argument? WOW I'm so convinced! :roll:
 
How much demand is created by the 24 million unemployed and under employed plus the millions more not counted because they are contract workers or small businesses that have failed?

The President did not cause businesses to layoff employees in mass exodus. They were doing this way before he was even elected. The question really is, why have job losses vanished since the summer of 2009?
 
More unemployed? A liberal's dream!!

Typical nonsense that only weakens the integrity of this thread. Start a new one if you wish to turn this into an opinionated pissing match.
 
The President did not cause businesses to layoff employees in mass exodus. They were doing this way before he was even elected. The question really is, why have job losses vanished since the summer of 2009?

I am sure you know that unemployment numbers are monthly not cumulative and that the 24 plus million unemployed and under employed was for November 2011. I am also sure that you know that the 1.1 million discouraged workers were for November 2011 as were the 315,000 that dropped out of the labor force so tell me again how the job losses have vanished?
 
I think the majority of the American people are as dumb as most liberals here knowing that keeping more of their own money is a good thing. Noticed how this is a real hot button for you so apparently you are sending into the govt. more than the taxes collected?

There you go again sterotyping and attacking the liberals, so I am going to ask you a couple of pertinent questions

1-57% of the registered republican voters did not think that President Obama was born in America so do you think that they didn't think that the RNC had the ability to make that determination of his right to run or do you think that at least 57% of the republicans are to ignorant to accept the fact that the RNC has the ability to check

2- Do you really know how the economy works? Do you know that consumer demand is required to sell any product? Be a real American instead of being a talking head for a party that is doing every thing they can to kill the golden goose
 
You having problems understanding the actual Obama results and the fact that the 8.6% unemployment number is a false number?

Conservatives have NEVER worried about the "under-employed" or those folks who have simply stopped collecting unemployment insurance and stopped looking for work.

why is this now suddenly an issue with them?
 
I am sure you know that unemployment numbers are monthly not cumulative and that the 24 plus million unemployed and under employed was for November 2011. I am also sure that you know that the 1.1 million discouraged workers were for November 2011 as were the 315,000 that dropped out of the labor force so tell me again how the job losses have vanished?

Net private sector job creation: 140,000. That's how.
 
I am sure you know that unemployment numbers are monthly not cumulative and that the 24 plus million unemployed and under employed was for November 2011. I am also sure that you know that the 1.1 million discouraged workers were for November 2011 as were the 315,000 that dropped out of the labor force so tell me again how the job losses have vanished?

privatejobs_aug10.jpg


Here
 
For the last 30 years, all the GOP has cared about is increasing corporate profits & reducing the corporate workforce, so as to maximize stock dividends and keep the shareholders happy.

now, all of the sudden, the GOP is talking about the under-employed, folks who have stopped collecting unemployment insurance, and folks who have stopped looking for work.

why the suddent change? oh....right....I forgot.
 
3) if you are going to accuse me of getting my 'marching orders' from the UAW, implying that i can't think for myself, well, lets put the shoe on the other foot, and i will start every future post involving you with saying that you take your 'marching orders' from the RNC...fair is fair after all.
I agree with most of your opinion. Item three is a little weak. You rely upon the union for your job. There are very few posters who rely upon the RNC for theirs. I assume that you pay dues to the union. I do not pay dues to the RNC. I assume that if you stopped paying dues you might lose your job. I lose nothing if I don't contribute to the RNC. You are right in one respect, the unions and the RNC are both in the same business. They both are political organizations intent upon electing people who agree with their positions.
 
You having problems understanding the actual Obama results and the fact that the 8.6% unemployment number is a false number?

I think you're the one having trouble. You are ignoring the facts and evidence presented, and often going off on distractions. The question is why?
 
EarlzP;1060018957]There you go again sterotyping and attacking the liberals, so I am going to ask you a couple of pertinent questions

1-57% of the registered republican voters did not think that President Obama was born in America so do you think that they didn't think that the RNC had the ability to make that determination of his right to run or do you think that at least 57% of the republicans are to ignorant to accept the fact that the RNC has the ability to check

I don't care where Obama was born, I care about his results and I have posted the results. His birth place is for another thread topic and has been debated now for three years. His results are the issue and what are being ignored.

2- Do you really know how the economy works? Do you know that consumer demand is required to sell any product? Be a real American instead of being a talking head for a party that is doing every thing they can to kill the golden goose

We have a consumer generated economy with 2/3 of our economy driving by consuemr spending. What generates consumer spending? Cash in the hands of the consumer. Think tax increases put more money into those consumer hands?
 
Conservatives have NEVER worried about the "under-employed" or those folks who have simply stopped collecting unemployment insurance and stopped looking for work.

why is this now suddenly an issue with them?

It is an issue because it affects the unemployment rate. The 8.6% is a distorted number something you seem to not understand
 
in 2008, I was very fearful for the stock market, my city, and my country. it looked like we were going straight to hell...and fast.

now? things have stabilized. we have a long way to go, but the stock market has regained ALL of its losses, companies are hiring again, companies are matching 401k contributions again, and we are on our way.

so yes, this country is better off today than it was when Obama took over.
I believe we can safely assume that the one term Marxist president Obama will have your vote.
 
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