US economy creates 243,000 jobs in January

Jryan · Feb 11, 2012

Conservative said:
Is this what you call general improvement?

Jan-09 Jan-12
Unemployment 12049 12754
Discouraged 734 1059
Private Sector Emp 133563 131900
Labor Force 154236 154395
Total Employment 142187 141637

Obama today has a net job loss
Obama today has a declining labor force
Obama today has fewer people employed than when he took office
Obama today has almost a million discouraged workers which he has averaged over the past three years
Obama today has a U-6 unemployment of 15.2% or 24 million unemployed/under employed Americans
Obama today has added 4.6 trillion dollars to the debt in 3 years
Obama today spent over 842 billion in a stimulus plan that failed
Obama today has a higher misery index than when he took office
Obama today has participated in crony capitalism and wasted billions of taxpayer dollars trying to pick winners in the private sector
Obama today has promoted class warfare and demonized individual wealth creation
Obama today has seen record numbers in poverty and record numbers of people on food stamps
Obama today still claims he brought this country back from the brink of financial collapse when TARP did that and it was Bush's legislation
Obama today claims he saved the auto industry by taking over GM/Chrysler ignoring that Ford took no bailout money nor did any other Auto Manufacturer. Taxpayer losses will be in the billions
Obama today has wasted the repayment of TARP and never used the money to pay down the deficit

First of all, source? Second of all, where is the "Obama isn't including those that have stopped seeking employment, and here are the statistics."

Conservative · Feb 11, 2012

Sheik Yerbuti said:
It's not a fact, it's a delusion.

If you knew what facts were, you'd know two of the leading indicators of the economy, GDP and unemployment, prove you wrong. And you will never be right no matter how many times you repeat it -- it shall forever remain the bull**** that it is.

Really, 1.8% GDP growth which is lower than 2010 and higher unemployment than when he took office shows good leadership and you call that a success? Interesting logic. I am surprised someone of your self proclaimed intelligence could be fooled so easily

Sheik Yerbuti · Feb 11, 2012

Conservative said:
Jan-09 Jan-12
Unemployment 12049 12754
Discouraged 734 1059
Private Sector Emp 133563 131900
Labor Force 154236 154395
Total Employment 142187 141637

Obama today has a net job loss
Obama today has a declining labor force
Obama today has fewer people employed than when he took office
Obama today has almost a million discouraged workers which he has averaged over the past three years
Obama today has a U-6 unemployment of 15.2% or 24 million unemployed/under employed Americans
Obama today has added 4.6 trillion dollars to the debt in 3 years
Obama today spent over 842 billion in a stimulus plan that failed
Obama today has a higher misery index than when he took office
Obama today has participated in crony capitalism and wasted billions of taxpayer dollars trying to pick winners in the private sector
Obama today has promoted class warfare and demonized individual wealth creation
Obama today has seen record numbers in poverty and record numbers of people on food stamps
Obama today still claims he brought this country back from the brink of financial collapse when TARP did that and it was Bush's legislation
Obama today claims he saved the auto industry by taking over GM/Chrysler ignoring that Ford took no bailout money nor did any other Auto Manufacturer. Taxpayer losses will be in the billions
Obama today has wasted the repayment of TARP and never used the money to pay down the deficit

And despite that, Obama's lead over his rivals is growing.

Conservative · Feb 11, 2012

Jryan said:
First of all, source? Second of all, where is the "Obama isn't including those that have stopped seeking employment, and here are the statistics."

The national unemployment rate of 8.3% excludes those that have become discouraged and have dropped out of the labor force thus aren't counted. last month that rate was 15.2%. What links do you want me to provide. BLS.gov will give you the employment, unemployment, discouraged workers, labor force, private sector employment, bea.gov will give you the GDP, the U.S.Treasury will give you the economic growth. You need to stop buying what you are told or at least verify what you are told.

Conservative · Feb 11, 2012

Sheik Yerbuti said:
And despite that, Obama's lead over his rivals is growing.

If Obama can fool self proclaimed intelligent people like you that number isn't surprising but it is a long ways until November 2012. $5 a gallon gasoline and rising unemployment will change that dramatically.

Jryan · Feb 11, 2012

Conservative said:
The national unemployment rate of 8.3% excludes those that have become discouraged and have dropped out of the labor force thus aren't counted. last month that rate was 15.2%. What links do you want me to provide. BLS.gov will give you the employment, unemployment, discouraged workers, labor force, private sector employment, bea.gov will give you the GDP, the U.S.Treasury will give you the economic growth. You need to stop buying what you are told or at least verify what you are told.

I want you to provide the link that states that X amount of Y people have stopped looking for Z work etc etc...

Again, not my data to decide. Also, what does this data have anything to do with Obama? Because you are now, as not previously stated, saying that Bush has something to do with this.

Conservative · Feb 11, 2012

Jryan said:
I want you to provide the link that states that X amount of Y people have stopped looking for Z reason etc etc...

I gave you the site information and whether or not you go there is up to you. I don't really care. If you want to look more foolish than you do now with a "socialist"leaning, so be it. It doesn't matter to me whether you believe the data or not. No one wins a thing here for proving someone wrong. You are the one that will go through life being wrong and pay the consequences for the choices you make. You want to buy what obama continues to tell you, nothing i say or provide is going to change that. you are going to need a lot of luck to survive another 4 more years of him.

Jryan · Feb 11, 2012

Conservative said:
I gave you the site information and whether or not you go there is up to you. I don't really care. If you want to look more foolish than you do now with a "socialist"leaning, so be it. It doesn't matter to me whether you believe the data or not. No one wins a thing here for proving someone wrong. You are the one that will go through life being wrong and pay the consequences for the choices you make. You want to buy what obama continues to tell you, nothing i say or provide is going to change that. you are going to need a lot of luck to survive another 4 more years of him.

I don't really ever do this but :doh

Sheik Yerbuti · Feb 11, 2012

Conservative said:
I live in TX, not going to bother me nearly as much as it is going to hurt you and your state. More and more are going to move to TX because of the costs of the Obama govt. and the low taxes here. I always gave you way too much credit apparently for being smart but Obama sure has fooled you

Fooled how? I've never done better than I am doing right now.

Conservative · Feb 11, 2012

Sheik Yerbuti said:
Fooled how? I've never done better than I am doing right now.

Great then send in more money that Obama needs to make things better for everyone else.

Jryan · Feb 11, 2012

I bid you all farewell. I will end my night with Clair De Lune and then I shall take my bow. Good night.

Sheik Yerbuti · Feb 11, 2012

Sheik Yerbuti said:
It's not a fact, it's a delusion.

If you knew what facts were, you'd know two of the leading indicators of the economy, GDP and unemployment, prove you wrong. And you will never be right no matter how many times you repeat it -- it shall forever remain the bull**** that it is.

Conservative said:

Really, 1.8% GDP growth which is lower than 2010 and higher unemployment than when he took office shows good leadership and you call that a success? Interesting logic. I am surprised someone of your self proclaimed intelligence could be fooled so easily

Click to expand...

Do you even realize your response to my post is completely unrelated to what I said? I was comparing the 1981-82 recession with the 2008-09 recession and you respond with disconnect (in that your response had nothing to do with my post) and delusion (in that I've never proclaimed the intelligence you falsely claim I boast).

Sheik Yerbuti · Feb 11, 2012

Conservative said:
The national unemployment rate of 8.3% excludes those that have become discouraged and have dropped out of the labor force thus aren't counted. last month that rate was 15.2%.

Last month, the U6 rate was 15.1% ... after 36 months in office, that an increase of 0.9 points.

The U6 rate when Bush took over was 7.3%. After 36 months in office, it increased 2.6 points to 9.9%.

Seems you think adding 2.6 points to the unemployment rate is worthy of re-election but increasing it by 0.9% is not.

Go figger. :shrug:

lizzie · Feb 11, 2012

Sheik Yerbuti said:
27 weeks??

Now compare that to what you said initially ....

Sorry, but 27 weeks is not "a few weeks." That initial claim you made is simply flat out wrong.

Cumulatively, since the beginning of the recession started, we have almost 6 million who have dropped out of the work force. The monthly rates we are seeing do not reflect the actual unemployment rates. These millions of people aren't simply disappearing- they are just not looking for jobs. This is not an improvement in the employment rates nor the economy.

Sheik Yerbuti · Feb 11, 2012

Conservative said:
If Obama can fool self proclaimed intelligent people like you that number isn't surprising but it is a long ways until November 2012. $5 a gallon gasoline and rising unemployment will change that dramatically.

Dayam, I must have made quite an impression on you since you think I proclaim so much intelligence even though I never have.

I particularly like you pretending you can see the future where unemployment is rising and gas is $5.00 a gallon. You should play the lottery with such abilities.

:lamo

AdamT · Feb 11, 2012

lizzie said:
Cumulatively, since the beginning of the recession started, we have almost 6 million who have dropped out of the work force. The monthly rates we are seeing do not reflect the actual unemployment rates. These millions of people aren't simply disappearing- they are just not looking for jobs. This is not an improvement in the employment rates nor the economy.

Obviously the unemployment rate was much lower at the start of the recession. It's not a big mystery ... or a conspiracy.

Donc · Feb 11, 2012

Conservative said:
Wrong as usual, discouraged workers were counted as unemployed during the 80's, suggest better research, Obama had over a million discouraged workers that weren't counted as unemployed. Also check the BLS site and tell me the first month for discouraged workers and the U-6 numbers were available. Your support and loyalty to Obama is quite telling and quite misguided

Information on U-6 as well as all the portals available from BLS. Notice the Obama U-6 numbers. Wonder how many he can get to drop out in 2012?

Portal Seven | U6 Unemployment Rate

The official definition of unemployment has not changed between 1982 and 2009; it is still data from the “Current Population Survey” commonly referred to as CPS. According to the “CPS“ data, in 1982, the median age of the labor force was 42,in the early 80's it was 35.

Sooo…connect the dots. Being young, not encumbered by family, they switch jobs much more frequently then the geezer set. Using common sense (something you evidently leave behind when you log on to DP) the younger populations has higher unemployment rates.

The second and the most damning stat which blows your “OPINION “out of the water, in the 8o's the CPS data covered about 93.% today it only covers about 89%. So yeah, in spite of your Bloviating and hurling of ad homs heather and yon…your“OPINION “still pretty well sucks.Go get yourself a big ole shot of Metamucil and beddey bye,gotta get prepared for anther day of slinging **** early tomorrow.:2wave

Dickieboy · Feb 11, 2012

Sheik Yerbuti said:
I don't know how you missed this, so here it is again ...

Who do you think is more responsible for the country’s current economic problems – (Barack Obama) or (George W. Bush)?

Bush: 54%

Obama: 29%

Both: 9%

Neither: 6%

Washington Post-ABC News Poll, 1/12-15/2012, 1000 adults. MoE 3.5

Btw, GDP was higher in 2010 because of ARRA, which helped prop up the economy.

Interesting poll. Another interesting question from your link was quite telling:

3. Do you think things in this country (are generally going in the right direction) or do you feel things (have gotten pretty seriously off on the wrong track)?

Right direction – 30%
Wrong track – 68%

What is that 2:1 ‘wrong track’? Apply blame where you want but remember he is the LEADER!

lizzie · Feb 11, 2012

AdamT said:
Obviously the unemployment rate was much lower at the start of the recession. It's not a big mystery ... or a conspiracy.

Who said it is? It's not me who seems to be having a problem with the concept.

Sheik Yerbuti · Feb 11, 2012

Conservative said:
Great then send in more money that Obama needs to make things better for everyone else.

I have no problem doing so if the government would raise everyone's taxes.

Sheik Yerbuti · Feb 12, 2012

lizzie said:
Cumulatively, since the beginning of the recession started, we have almost 6 million who have dropped out of the work force. The monthly rates we are seeing do not reflect the actual unemployment rates. These millions of people aren't simply disappearing- they are just not looking for jobs. This is not an improvement in the employment rates nor the economy.

What is the source you are getting your information from?? I'd like to see for myself so I can make a note of how unreliable they are.

Civilian labor force:

11/2007: 153,835,000
01/2012: 154,395,000

The workforce has not decreased by almost 6 million, it has increased by 560,000.

Sheik Yerbuti · Feb 12, 2012

Dickieboy said:
Interesting poll. Another interesting question from your link was quite telling:

3. Do you think things in this country (are generally going in the right direction) or do you feel things (have gotten pretty seriously off on the wrong track)?

Right direction – 30%
Wrong track – 68%

What is that 2:1 ‘wrong track’? Apply blame where you want but remember he is the LEADER!

30% sure is bad, but quite an improvement over the 8% it stood at before Obama was elected. But clearly, worse than the 50% it was at just a few months into his presidency.

Still, by a factor of nearly 2 to 1, bush gets the blame for the current economy, which no doubt also affects the right track/wrong track poll.

Fletch · Feb 12, 2012

Sheik Yerbuti said:
What is the source you are getting your information from?? I'd like to see for myself so I can make a note of how unreliable they are.

Civilian labor force:

11/2007: 153,835,000
01/2012: 154,395,000

The workforce has not decreased by almost 6 million, it has increased by 560,000.

According to your link, the labor force grew by moire than 10,000,000 during the Bush presidency. During the Obama presidency, the labor force has gone from 154,236,000 in January 2009 to 154,395,000 in January 2012. That is a net gain of 159,000 jobs. Not bad for a $5,000,000,000,000 investment.

j-mac · Feb 12, 2012

Sheik Yerbuti said:
30% sure is bad, but quite an improvement over the 8% it stood at before Obama was elected. But clearly, worse than the 50% it was at just a few months into his presidency.

Still, by a factor of nearly 2 to 1, bush gets the blame for the current economy, which no doubt also affects the right track/wrong track poll.

Sure Bush gets the blame still...Blame that on poll bias, blame that on media bias, what you are doing is spinning wildly. Look, I remember hearing somewhere that the labor increases at a rate something like 150K new people per month, so in order for the unemployment number to actually come down, the job creation would have to be a minimum some 300K new jobs per month created for an extended period, like a couple of years. I haven't seen a number like that yet. And further, it is this constant re evaluation, and re assesment of numbers put out there for the past three years that leads people to not trust that we are being told the truth in the first place concerning jobs, and employment forcasting in this country in the first place.

If you want to cling to an argument of who gets the blame for when this thing started, as opposed to what has been done to fix it since, and hang your hat on that for a second term, you can, but it has never been a winning strategy.

j-mac

Dickieboy · Feb 12, 2012

Sheik Yerbuti said:
30% sure is bad, but quite an improvement over the 8% it stood at before Obama was elected. But clearly, worse than the 50% it was at just a few months into his presidency.

You’re right. A more thorough analysis of the numbers reveals that GWB was doing ‘pretty’ good until the end of ’05. The nose dive COULD be blamed on Democrats taking majority of Congress. Yes, there was a peak in April of ’09 which certainly can be claimed to be responsive to BHO being elected but as you said it plummets from that point forward. There is some surge in January ’11 that COULD be responsive to Republicans gaining majority in the House but resumed its downward direction. Ultimately there is plenty of blame and credit to pass around.

Still, by a factor of nearly 2 to 1, bush gets the blame for the current economy, which no doubt also affects the right track/wrong track poll.

And so in 2016 when the debt is approaching $20t will BHO get the blame or will you still blame GWB?