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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%

winston53660 said:
Then why doesn't the The National Bureau of Economic Research use the
misery index in there definition of a recession?
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Lol !!

The National Burea of Economic Research tied the CRA directly to the Sub-Prime Hosuing Collapse.

Would a Con poster please post that study for or confused liberal friends ?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

pbrauer said:
Hmmmmmm, Sheik asked you a perfectly valid question which you completely avoided. Is deflation ever a good thing, and is inflation always a bad thing?
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/the question has nothing to do with the thread topic or the questions raised. You love asking questions so when will you ever answer questions posed to you. You never even admitted that the 500,000 number was right, nor ever addressed the actual Obama economic results. When you start answering questions I will do the same for you.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Too bad you didn't take notes ... Let's try this again ... The misery index is not an indicator of the economy.
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Oh cmon. Its a combination of a variety of economic indicators. It is an indicator of sorts. I wouldnt argue its as important as Conservative likes to make it or he gathers data as well as he should but to declare it isnt an indicator is false. It is, its just not as reliable as others.

One bad argument shouldnt lead to a counter argument that is worse...and false.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Fenton said:
Lol !!

The National Burea of Economic Research tied the CRA directly to the Sub-Prime Hosuing Collapse.

Would a Con poster please post that study for or confused liberal friends ?
Click to expand...

It is hard discussing economic issues including recession and misery index with people whose ideology believes rhetoric trumps substance. Since most liberals don't seem to know the components of GDP they obviously have no idea how misery index plays into our GDP numbers thus affects the definition of recession.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

OpportunityCost said:
Oh cmon. Its a combination of a variety of economic indicators. It is an indicator of sorts. I wouldnt argue its as important as Conservative likes to make it or he gathers data as well as he should but to declare it isnt an indicator is false. It is, its just not as reliable as others.

One bad argument shouldnt lead to a counter argument that is worse...and false.
Click to expand...

So you are telling me that misery index doesn't impact GDP? IMO misery index is a more reliable measurement of economic activiy than simply looking at GDP numbers as a whole. Misery index is all about consumer activity and that is the driving force behind GDP
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
/the question has nothing to do with the thread topic or the questions raised. You love asking questions so when will you ever answer questions posed to you. You never even admitted that the 500,000 number was right, nor ever addressed the actual Obama economic results. When you start answering questions I will do the same for you.
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You were the one that mentioned the misery index. I acknowledged the 500 figure was correct by saying the chage each month fluctuates. Do you acknowledge the labor force went up a total of 929k for Sept and Oct 2012?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

pbrauer said:
You were the one that mentioned the misery index. I acknowledged the 500 figure was correct by saying the chage each month fluctuates. Do you acknowledge the labor force went up a total of 929k for Sept and Oct 2012?
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Yes, I acknowledge that but what is your point? The labor force is up 1.1 million in almost 5 years showing truly how many people have left the labor force. Bush had a 10 million gain in 8 years, Obama has one million in 4. Looks like labor force should increase about a million a year so where are those missing Americans?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Boo Radley said:
If anyone is spinning, it is you. Politicians say all kinds of things. Do you believe them every time? This is not about rhetoric, but what is factually true. I've linked support on this as well.
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You are saying that it is not the POTUS's responsibility.

He is saying it is.

Only he can speak for himself - you cannot.

You are doing the spinning - you are ignoring his own words even though he would know more then anyone what his responsibilities are.


I am not going to debate this with you as there is nothing to debate.

President Obama freely and publicly (on record) has admitted that the economy is his responsibility.

End of story.


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

DA60 said:
You are saying that it is not the POTUS's responsibility.

He is saying it is.

Only he can speak for himself - you cannot.

You are doing the spinning - you are ignoring his own words even though he would know more then anyone what his responsibilities are.


I am not going to debate this with you as there is nothing to debate.

President Obama freely and publicly (on record) has admitted that the economy is his responsibility.

End of story.


Have a nice day.
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Again, he's playing politics. There is an objective reality that is not dependent on what anyone says. I might say I can fly without mechanical aid, but the reality is I cannot. Do you want factual truth, or to play rhetorical games?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Nope, not lying or pushing propaganda.
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Yes you are lying and pushing propaganda

You're also laughably embarrassing yourself by still whining about Bush 4+ years after he left office
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Boo Radley said:
Again, he's playing politics. There is an objective reality that is not dependent on what anyone says. I might say I can fly without mechanical aid, but the reality is I cannot. Do you want factual truth, or to play rhetorical games?
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President Obama freely and publicly (on record) has admitted that the economy is his responsibility.

http://www.youtube.com/watch?v=CQBSTomBWls

End of story.


Is a CEO directly responsible for the actions of every single employee?

Of course not.

But is it his responsibility when those employees make gigantic mistakes?

Absolutely...especially when they publicly approve the actions of that employee before the consequences of his actions are known - just as Obama has pulicly approved of the massive spending, bank/auto bailouts, Fed QE's and record low interest rates.

That is why they get paid the big bucks


You want to remain in denial because you apparently are some partisan Obama lover? Go ahead.

I will let others who have a clearer mind on the subject (like me - I think both major parties are worse then useless) decide to what extent Obama is responsible for the economy.


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

Sheik Yerbuti said:
Bush started with 4.2% -- Did not inherit a recession, but his average was still 1.1 point higher than when he started.

Obama started with 7.8% -- Inherit the worst economy in 80 years, and his average was also up 1.1 points higher than when he started.
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Blah blah blah. Excuse excuse excuse. The bottom line is all that matters. 5.3% vs 8.9%.:lamo:lamo:lamo:lamo:lamo
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
So you are telling me that misery index doesn't impact GDP? IMO misery index is a more reliable measurement of economic activiy than simply looking at GDP numbers as a whole. Misery index is all about consumer activity and that is the driving force behind GDP
Click to expand...

It is one of many economic indicators and is itself a combination of several individual indicators. I disagree with the level of importance you give it. I agree that it is an economic indicator.

Agree to disagree, its my opinion.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

DA60 said:
President Obama freely and publicly (on record) has admitted that the economy is his responsibility.

Obama says he's responsible for economy. "Give it to me." - YouTube

End of story.


Is a CEO directly responsible for the actions of every single employee?

Of course not.

But is it his responsibility when those employees make gigantic mistakes?

Absolutely...especially when they publicly approve the actions of that employee before the consequences of his actions are known - just as Obama has pulicly approved of the massive spending, bank/auto bailouts, Fed QE's and record low interest rates.

That is why they get paid the big bucks


You want to remain in denial because you apparently are some partisan Obama lover? Go ahead.

I will let others who have a clearer mind on the subject (like me - I think both major parties are worse then useless) decide to what extent Obama is responsible for the economy.


Have a nice day.
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In terms of truth, that is not the end of the story. No matter what any politician says, they simply don't have the power. Sorry.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Boo Radley said:
In terms of truth, that is not the end of the story. No matter what any politician says, they simply don't have the power. Sorry.
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President Obama freely and publicly (on record) has admitted that the economy is his responsibility.

Obama says he's responsible for economy. "Give it to me." - YouTube



So You (Boo Radley) think you know more about the POTUS's level of responsibility of the the economy then President Barack Obama?

LOL

Okaaaaay....no arrogance their.

I am done with you on this...let me know when you take off those rose colored glasses.


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

DA60 said:
President Obama freely and publicly (on record) has admitted that the economy is his responsibility.

Obama says he's responsible for economy. "Give it to me." - YouTube



So You (Boo Radley) think you know more about the POTUS's level of responsibility of the the economy then President Barack Obama?

LOL

Okaaaaay....no arrogance their.

I am done with you on this...let me know when you take off those rose colored glasses.


Have a nice day.
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I think I know he difference between political rhetoric and truth. I think you should. And there's nothing rise colored here. Knowing how complicated our economy is doesn't excuse anyone or paint any Rosie picture. It fact, it paints a gloomier view.

Also, I said the same thing when Bush was president. So it isn't partisan either. It's merely factual.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Boo Radley said:
I think I know he difference between political rhetoric and truth. I think you should. And there's nothing rise colored here. Knowing how complicated our economy is doesn't excuse anyone or paint any Rosie picture. It fact, it paints a gloomier view.

Also, I said the same thing when Bush was president. So it isn't partisan either. It's merely factual.
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Yea sure you did

When numbers are bad = Bush's fault

When numbers are even remotely promising = We're digging out of the recession and Obama is an economic guru or something
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Bronson said:
Yea sure you did

When numbers are bad = Bush's fault

When numbers are even remotely promising = We're digging out of the recession and Obama is an economic guru or something
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I have never said the economy was Bush's fault. I challenge you to find one place. That they were bad before Obama took over is merely a chronological fact. Noting that is not placing blame. I have repeatedly said no president controls the economy.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Blah blah blah. Excuse excuse excuse. The bottom line is all that matters. 5.3% vs 8.9%.:lamo:lamo:lamo:lamo:lamo
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That's not all that matters in the 8 years Bush was president only 93,000 private sector jobs were created.

December 2008111869
December 2000111776
difference93
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

A lot of job growth wasn't called for under GWB because the economy was running near full employment.:cool:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
A lot of job growth wasn't called for under GWB because the economy was running near full employment.:cool:
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Come on Jack, that's BS, please back up these statements you make.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

pbrauer said:
Come on Jack, that's BS, please back up these statements you make.
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Not BS at all. Just plain fact. Unemployment under GWB averaged only 5.3%. "Full employment" is generally defined as unemployment of 4%. GWB ran close to that throughout his Presidency.:cool:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Blah blah blah. Excuse excuse excuse. The bottom line is all that matters. 5.3% vs 8.9%.:lamo:lamo:lamo:lamo
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latest_numbers_LNS14000000_2001_2009_all_period_M12_data.jpg

Then of course BO had this to look foreword to on inauguration day.:2wave:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Well into the fifth year of the BHO Presidency, the "blame Bush" gambit deserves only ridicule as a response.:cool:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Well into the fifth year of the BHO Presidency, the "blame Bush" gambit deserves only ridicule as a response.:cool:
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It deserves almost as much ridicule as someone comparing an eight year Presidency with a four and a third year Presidency would you say?:2wave:
 
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