• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%[W: 831]

Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

If you are going to deny logical argument, I can't help you.

It is not me arguing with certitude what the results of an alternate history would have been, it is you.

I acknowledge that we can't know, you don't seem to understand that.

However, I think your dismissal of the entire field of economists is telling. They disagree with you as a whole therefore it is all of them that must be wrong, not you.

And you call me a minion, LMAO.

Name for me one economic prediction the Obama Administration has made that would give them any credibility in telling what would happen without the failed stimulus program. You seem to have a different opinion of logic than most people but not most liberals.

You give me an Obama economist and I will show you someone who doesn't have a clue. I can counter those economists who predicted accurately what actually did happen. When will you hold Obama accountable for results.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Aw, yes, a program that was Obama's that went into effect in April is the cause of the past poor 4 year's financial performance? Don't you people ever get tired of looking and sounding foolish?
Financial performance? Now you are tangenting off into some other universe.

If you can't keep the topic, the topic you were on, ie that stimulus was a "failure", then you should be enjoying what we have NOW, anti-stimulus, SEQUESTER.

Everything should be GOLDEN now.....right? The govt is not spending, "crowding out" private investment....right?

C'mon, con, either stick to your narrative or come up with a better one.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

What divided?

He approves the massive deficits...wants them bigger.

He re-appointed Bernanke and has put spending Doves on the Fed board...guaranteeing that the massive QE spending and record low interest rates (that Obama approves of) continue to flourish.

Despite all this, the unemployment rate is worse today then the day he took over.
And if you used the same participation rate as the day he took over...it is far, far worse (it would be over 10%).

He is in charge - that means it is his responsibility (like it or not - that is what good leaders do, they take responsibility).

Since he took over, the unemployment rate is worse, housing prices are worse, the deficit is MUCH worse and food stamp usage is up over 40%.

By any reasonable, unbiased standard - as POTUS (like GWB before him), he is a huge failure.

To approve, it has to come to him from elsewhere. There are republicans in power who could actually produce something.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Financial performance? Now you are tangenting off into some other universe.

If you can't keep the topic, the topic you were on, ie that stimulus was a "failure", then you should be enjoying what we have NOW, anti-stimulus, SEQUESTER.

Everything should be GOLDEN now.....right? The govt is not spending, "crowding out" private investment....right?

C'mon, con, either stick to your narrative or come up with a better one.

The stimulus didn't create the jobs promised, generated greater debt and lower economic growth. To a liberal that is a success?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

http://www.kc.frb.org/publicat/econrev/pdf/12q1VanZandweghe.pdf--
"The steady decline of the LFPR since its peak at the turn of the
century is also related largely to demographic factors. The primary factor behind this decline is the rising share of older workers in the population as the baby-boom generation ages and life expediencies increase.
The rising share of older workers pulls down the LFPR because older
workers have lower participation rates than prime-age workers. A second factor behind the gradual decline of the LFPR has been a steady reduction in labor force participation among young people over the
last decade, resulting in large part from rising school enrollment"

More than 650K workers left the Labor Market in March

There is nothing gradual about that

Discouraged Americans leave labor force | Detroit Free Press | freep.com

She'd already abandoned hope of getting work in her field, counseling the disabled. But she couldn't land anything else, either — not even a job interview at a telephone call center.

Until she feels confident enough to send out resumes again, she'll get by on food stamps and disability checks from Social Security and live with her parents in St. Louis.

Student Loan debt is more than 1 trillion

More Evidence On The Student Debt Crisis: Average Grad's Loan Jumps To $27,000 - Forbes

The delinquency rate between 2005 and 2007 on loans issued shortly after October 2005 is 12.4%. Student loans that were taken out shortly after October 2010 have a delinquency rate of 15.1%–an increase of nearly 22%.

Carry on with your Obama propaganda
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

You are kidding yourself if you think we are not in sequestration.

Sequestration is not austerity. You are kidding yourself to think that sequestration will reduce the 2013 deficit by more than 5%. We could now eliminate ALL "discretionary" federal spending and still not balance the budget.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Obama economic policies haven't turned the economy around as promised, the GOP has stopped nothing that he wanted and you should know that

Again, and I've repeated this many times, presidents and our government doesn't control the economy.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Name for me one economic prediction the Obama Administration has made that would give them any credibility in telling what would happen without the failed stimulus program. You seem to have a different opinion of logic than most people but not most liberals.

You give me an Obama economist and I will show you someone who doesn't have a clue. I can counter those economists who predicted accurately what actually did happen. When will you hold Obama accountable for results.

I am not talking about Obama economists, I am talking about the entire field.

I'd say nice job trying to change the subject, but it really wasn't.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

More than 650K workers left the Labor Market in March

There is nothing gradual about that

Discouraged Americans leave labor force | Detroit Free Press | freep.com



Student Loan debt is more than 1 trillion

More Evidence On The Student Debt Crisis: Average Grad's Loan Jumps To $27,000 - Forbes



Carry on with your Obama propaganda

And it is going to get worse for the more people that become addicted to the taxpayer funds the more likely we become Greece and the European Utopia that liberals want.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

I can counter those economists who predicted accurately what actually did happen.
How do you "counter" someone who was correct? One has to have a high opinion of oneself to believe that when someone gets a thing correct you can top them.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

I am not talking about Obama economists, I am talking about the entire field.

I'd say nice job trying to change the subject, but it really wasn't.

no, I make you look foolish, you will never get the entire field of economists to agree on anything and for every one that predicted success of the stimulus there were those who predicted failure. Those that predicted failure were right on.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

How do you "counter" someone who was correct? One has to have a high opinion of oneself to believe that when someone gets a thing correct you can top them.

You want to claim the stimulus was a success? Doesn't appear that results matter therefore you have no problem looking and sounding foolish.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

You are kidding yourself if you think we are not in sequestration.

Sequestration is a 2% decrease in the rate of spending GROWTH

Sequestration is not a spending cut
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sequestration is not austerity.
Uh, yes it is. Austerity is cutting back previously planned spending, that is exactly what the sequester is doing in a ham handed mandatory manner.

You are kidding yourself to think that sequestration will reduce the 2013 deficit by more than 5%.

We could now eliminate ALL "discretionary" federal spending and still not balance the budget.
Um, straw..... and you are conflating deficit with budget cuts, you are leaving out revenue.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

You're leaping a bit. But can you dispute what I said?

What you said was very contradictory, as even you dispute what you said. First you said that sequestration is ALREADY "having consequences" and then you said "Again, and I've repeated this many times, presidents and our government doesn't control the economy." So my point, that the gov't is, in fact, killing private jobs, by denying a permit to proceed on the XL pipeline stands. ;)
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

The stimulus didn't create the jobs promised, generated greater debt and lower economic growth. To a liberal that is a success?
You are still stuck on a failed argument from 3 years ago.

I am talking NOW.

Stimulus is done.

Do your happy dance.

Dance even harder because we are implementing even greater cuts.


How is the economy and employment responding?


Be happy, this is what you wanted.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

To approve, it has to come to him from elsewhere. There are republicans in power who could actually produce something.

Fine - then please show me a major increase in expenditures or ANY major policy the Fed has done since Obama took over that he has strongly disapproved of?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

You want to claim the stimulus was a success? Doesn't appear that results matter therefore you have no problem looking and sounding foolish.
You avoided the point, you can't counter someone who was correct.

I said all along that the ARRA was never big enough for this economy.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Uh, yes it is. Austerity is cutting back previously planned spending, that is exactly what the sequester is doing in a ham handed mandatory manner.

Um, straw..... and you are conflating deficit with budget cuts, you are leaving out revenue.

BS alert: The budget control act included allowing ALL Bush tax rates to expire and the sequestration cuts. First congress decided to keep 98.6% of the "Bush" tax rates and increased FY2013 federal revenue by only about $60 billion. Second the congress added $90 billion in new FY 2013 "emergency" spending ($30 billion for UI extension and $60 billion for Sandy storm relief) resulting in a net deficit INCREASE of $30 billion (in January 2013 alone). Sequestration was initially set for $85 billion but was delayed (twice) and then "pro-rated" to about $40 billion since it started 4/1/2013 instead of 10/1/2012 as initially planned. The net result (so far) is a deficit reduction of about $15 billion; UNLESS more is done, before the end of the FY2013, on either the spending or revenue side.

To assert that I am ignoring revenue is silly; the very definition of a defict is spending in excess of revenue. My point is that the defict is 40% of total spending while discretionary spending is only 33% of total spending. 40 is greater than 33, thus cutting all discretionary spending would still leave a deficit.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

What divided?

He approves the massive deficits...wants them bigger.

He re-appointed Bernanke and has put spending Doves on the Fed board...guaranteeing that the massive QE spending and record low interest rates (that Obama approves of) continue to flourish.

Despite all this, the unemployment rate is worse today then the day he took over.
And if you used the same participation rate as the day he took over...it is far, far worse (it would be over 10%).

He is in charge - that means it is his responsibility (like it or not - that is what good leaders do, they take responsibility).

Since he took over, the unemployment rate is worse, housing prices are worse, the deficit is MUCH worse and food stamp usage is up over 40%.

By any reasonable, unbiased standard - as POTUS (like GWB before him), he is a huge failure.
"Here are the keys to the house. Now I know the house is on fire, but it is just in the garage, but I'm sure by the time you move in it will be fine.

See you, good luck."
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

You are still stuck on a failed argument from 3 years ago.

I am talking NOW.

Stimulus is done.

Do your happy dance.

Dance even harder because we are implementing even greater cuts.


How is the economy and employment responding?


Be happy, this is what you wanted.

Obama's results are now, Labor force up three million and number of employment is down three million vs. the December 2007 when the recession began. Growing labor force, fewer people working, .4% GDP growth, 17 trillion dollar debt, record numbers on some type of taxpayer assistance is a true Obama success story, isn't it?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

BS alert: The budget control act included allowing ALL Bush tax rates to expire and the sequestration cuts. First congress decided to keep 98.6% of the "Bush" tax rates and increased FY2013 federal revenue by only about $60 billion. Second the congress added $90 billion in new FY 2013 "emergency" spending ($30 billion for UI extension and $60 billion for Sandy storm relief) resulting in a net deficit INCREASE of $30 billion (in January 2013 alone). Sequestration was initially set for $85 billion but was delayed (twice) and then "pro-rated" to about $40 billion since it started 4/1/2013 instead of 10/1/2012 as initially planned. The net result (so far) is a deficit reduction of about $15 billion; UNLESS more is done, before the end of the FY2013, on either the spending or revenue side.

To assert that I am ignoring revenue is silly; the very definition of a defict is spending in excess of revenue. My point is that the defict is 40% of total spending while discretionary spending is only 33% of total spending. 40 is greater than 33, thus cutting all discretionary spending would still leave a deficit.
Who cares what the deficit would be if all discretionary spending was zero, the point is that revenue has not rebounded......becuse the economy has not rebounded......be cause we are nowhere near "full" employment. Until employment has rebounded, focusing on deficits is a losing game. Cutting govt spending in a time of lowered spending overall leads to MUCH SLOWER REBOUND.

We see this basic macro effect here, we see it even more so in the EU.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Who cares what the deficit would be if all discretionary spending was zero, the point is that revenue has not rebounded......becuse the economy has not rebounded......be cause we are nowhere near "full" employment. Until employment has rebounded, focusing on deficits is a losing game. Cutting govt spending in a time of lowered spending overall leads to MUCH SLOWER REBOUND.

We see this basic macro effect here, we see it even more so in the EU.

So until we reach the unattainable goal of "full employment", we should pay absolutely zero attention to the deficit and spend like madmen?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Obama's results are now, Labor force up three million and number of employment is down three million vs. the December 2007 when the recession began. Growing labor force, fewer people working, .4% GDP growth, 17 trillion dollar debt, record numbers on some type of taxpayer assistance is a true Obama success story, isn't it?
You have always had this quirk in thinking that associating Bush's last year with Obama somehow makes your argument better, when in fact it shows just how dishonest your arguments always are. Hint, Obama wasn't the POTUS until Jan of 2009, so why you would even include "Dec 2007" data when talking about him is just so WEIRD.

Again, you just won't face up to the fact that you are getting EXACTLY what you want.......and you still are not happy. I don't understand why you are not jumping for joy.
 
Back
Top Bottom