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US economy creates 243,000 jobs in January

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If Obama is re-elected, the economy will plunge, and our country will end. Obama's goal is to destroy us. He isn't "way over his head" as Romney claims.

And he scarifies virgins just for the heck of it:roll:
 
As of this report, we are 400,000 jobs shy of the number of employed people 3 years ago.
 
Funny, I remember the really out there nut jobs saying that leading up to the 2008 elections.


If his goal is to destroy us he's doing a terrible job of it, lol.

NEWS FLASH: Obama can't get re-elected if he destroys the country. BTW, he did do things to path the way, but that doesn't involve economy.
 
I usually go by what I see. When Clinton was in office during the bubble, I could easily find a job. When Bush 2 took over and our country was attacked, I STILL found a job in a few weeks. Throughout his presidency I didn't know many unemployed people, pretty much if you wanted to work you could find something. In 2007 that began to change and now I know a lot of people without a job and laid off. Some of them are highly educated and qualified people with no place to go to get a job.

Usually my direct experience, since I deal with so many different people all the time, tells me the real story. That has been true since the mid 1990's. But I definitely do NOT see any improvement, in fact I see continued downturns. People who have been working steadily for decades suddenly in an unemployment line. I hope this news is true, God people need work. I just hate to see numbers fudged to make an imbecile look good as numbers dont pay bills, real jobs do.
 
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NEWS FLASH: Obama can't get re-elected if he destroys the country. BTW, he did do things to path the way, but that doesn't involve economy.

So he's not destroying the country now so that he can be reelected and then destroy it? What's wrong, he doesn't have enough power as president to destroy it in one term? lol. Do you think they get magical powers in their second term or something?

You guys are a hoot, lol.
 
It's quite a logical leap to go from what p.6 of the report said, to "1.2 million people dropped out of the labor force." That's pure spin. The only two explanations for that are that it was either a) a stupid mistake or b) intentional spin. Either way, it damages what repute you say it has.

I don't see how it changes their reputation. They are doomsayers and always have been; no one is denying they are bearish biased. When I say reputable, they are known for getting news before major networks and are obviously very sophisticated when it comes to global financial markets. No one claims they are unbiased, but that doesn't make them liars. Yes, they spin things bearishly. I don't see the major logical leap from Persons not in the Labor Force to people dropping out of the labor force. Yes, I understand the difference but it's hardly as dishonest as you proclaim it to be. The labor force did decline more than previous months, and the Persons Not in the Labor Force was the largest absolute jump on record, the largest percentage increase in 30 years. Take that for what you will.
 
So he's not destroying the country now so that he can be reelected and then destroy it? What's wrong, he doesn't have enough power as president to destroy it in one term? lol. Do you think they get magical powers in their second term or something?

You guys are a hoot, lol.

He has paved the way in his first, and will destroy (Along with Georgie Worgie) in his second. Am I still a hoot? ;)
 
The labor force from bls, retrieved just now:
Labor Force Statistics from the Current Population Survey



YearJanFebMarAprMayJunJulAugSepOctNovDec
2002-346737-261-51413-124-2292597-294-487-95
200399165-48199-89246-3167560375440-13
20046170-8922717232238217-86245499-106
2005120140269600355105312408-33147-49253
200639830728420328264-151423190499220436
20075829263-734317160-158-223562-298649-322
2008124-240-4922-201-191-208-334-137-267-714-750
2009-1141-527-906-100-360-291-112-433-683-374206-639
201053216517147034-20321996-272-135283
2011110221213-136180-42365304353190317176
2012847
 
He has paved the way in his first, and will destroy (Along with Georgie Worgie) in his second. Am I still a hoot? ;)

You need your own comedy show, I'd watch it.
 
Any data on what jobs are being created? I mean losing 100,000 high paying jobs and replacing them with 200,000 minimum wage jobs really isn't something to be excited over. If high paying jobs are disappearing and low paying jobs are replacing them, is that change we can believe in?

I can't seem to find any data on what jobs were lost and which were gained, except at the link provided:



Can anyone else find any data on WHAT these jobs are? I mean a bunch of new burger flippers are added to the economy and we re elect a president based on that? I'm just curious. I can't seem to find anything. I want it to be honest good news, but from what I'm hearing "down on the street" more and more people are being layed off. Teachers can't find work. I want people to have jobs, but I dont want them to think our idiot n chief had anything to do with it. Congress is responsible for the good or bad, and if they keep this congress because of false numbers that is going to piss off a lot of people.

Dude, once again, read through the actual report.

Total nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread in the private sector, with large employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment changed little over the month.
 
The labor force from bls, retrieved just now:
Labor Force Statistics from the Current Population Survey



YearJanFebMarAprMayJunJulAugSepOctNovDec
2002-346737-261-51413-124-2292597-294-487-95
200399165-48199-89246-3167560375440-13
20046170-8922717232238217-86245499-106
2005120140269600355105312408-33147-49253
200639830728420328264-151423190499220436
20075829263-734317160-158-223562-298649-322
2008124-240-4922-201-191-208-334-137-267-714-750
2009-1141-527-906-100-360-291-112-433-683-374206-639
201053216517147034-20321996-272-135283
2011110221213-136180-42365304353190317176
2012847

Which data series was that?
 
The labor force did decline more than previous months,

Well, adjusting for population growth, the civilian labor force participation rate held steady, as a percentage.

and the Persons Not in the Labor Force was the largest absolute jump on record, the largest percentage increase in 30 years. Take that for what you will.

Which was primarily due to a revision/update using the 2010 census data. In other words, that number was due more to methodology and data collection, not actually a mass exodus of workers leaving the labor force because they stopped looking for work.

When you say "1.2 million people dropped out of the labor force," that specifically means that 1.2 million discouraged workers suddenly stopped looking for work and dropped out of the labor force.

Look, I'm not saying the news from the BLS report is amazing, but let's recognize dishonesty for what it is.
 
I think the best thing of all is that we can officially stop blaming Bush. This means, ANYTHING BAD that happens from now on, Bush won't even be uttered.

Also, I would suggest, just for fun, that we wait till unemployment is smaller than a little less than double what it was when Obama took office, before we start calling him the economic savior, just for fun. I mean, we all know it'll happen, lets just wait. We don't wanna get ahead of ourselves. After all, if we build the golden statue for him now and etch those numbers we may not have time to replace them with the 3% unemployment rate that will come 'round in a few months because we'll all be too busy working our high paying jobs entirely thanks to Obama.

Now that THAT'S done, when was the last stimulus passed and when was it passed?
 
I think the best thing of all is that we can officially stop blaming Bush. This means, ANYTHING BAD that happens from now on, Bush won't even be uttered.

Also, I would suggest, just for fun, that we wait till unemployment is smaller than a little less than double what it was when Obama took office, before we start calling him the economic savior, just for fun. I mean, we all know it'll happen, lets just wait. We don't wanna get ahead of ourselves. After all, if we build the golden statue for him now and etch those numbers we may not have time to replace them with the 3% unemployment rate that will come 'round in a few months because we'll all be too busy working our high paying jobs entirely thanks to Obama.

Now that THAT'S done, when was the last stimulus passed and when was it passed?

There is ongoing stimulus in the form of the payroll tax cut, which was renewed a few months ago.
 
I think the best thing of all is that we can officially stop blaming Bush. This means, ANYTHING BAD that happens from now on, Bush won't even be uttered.

Also, I would suggest, just for fun, that we wait till unemployment is smaller than a little less than double what it was when Obama took office, before we start calling him the economic savior, just for fun. I mean, we all know it'll happen, lets just wait. We don't wanna get ahead of ourselves. After all, if we build the golden statue for him now and etch those numbers we may not have time to replace them with the 3% unemployment rate that will come 'round in a few months because we'll all be too busy working our high paying jobs entirely thanks to Obama.

Now that THAT'S done, when was the last stimulus passed and when was it passed?

I don't blame Bush as much for the state of the economy, but you can certainly blame him for a significant part of the fiscal/budget situation.
 
BBC:

Good news for the country, good news for the Democrats, bad news for the Republicans. What do you think? Is the rise temporary? Does it even matter politically? What is causing it?

At that rate, we'll break even in what? 6 years?
 
I don't blame Bush as much for the state of the economy, but you can certainly blame him for a significant part of the fiscal/budget situation.

And not Congress?
 
There is ongoing stimulus in the form of the payroll tax cut, which was renewed a few months ago.

That extra ten bucks a week is awesome, too! I'm going to go buy a quater-of-a-million dollar home, with all that extra cash I have.
 
You must be having a fit over Obama's spending policies, then. Yes?
Not to mention th continued tax cuts for the wealthy, because why else would he continue them if they are so wrong and harmful?....
 
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