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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%

Sheik Yerbuti said:
According to your nonsense, even Bush scored higher than Reagan. :roll:

That you can't understand the ludicrousness of your metric reveals more about you than it does Obama. To assert that Bush, who doubled unemployment, outperformed Reagan in terms of unemployment, who added 17 million jobs with a smaller population and reduced unemployment by 28%, reflects just how ridiculous that metric is.
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So 7.3% is double 3.9%.

Not big on exactitude are you?


But of course, this is the guy that says the official unemployment rate the day Obama took office was 7.8%...even though it was 7.3%.

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

Jack Hays said:
You're right. GWB will be remembered as the POTUS whose successor could not match his economic performance
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Um, you have been shown that Obama has outperformed your guy's 2 terms in job creation within his first term, and has regained all of the GDP destruction of from the shrub.

but did carry on most of his foreign and defense policies. The exception would be BHO's shift to a "kill" strategy in the war against terrorists, moving away from GWB's "capture and interrogate" strategy.:cool:
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And a shift away from the topic, a concession on the econ debate.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Your inability to counter is noted. That's the problem with a counterfactual argument.:cool:
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Not my problem you don't understand my "counterpoint."

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

Jack Hays said:
In term of unemployment, GWB's performance was better. In terms of overall leadership and Presidential outcomes, Reagan was the greatest of my lifetime. BHO's problem is that he fails on unemployment and fails on everything else as well. In terms of my "metric" all Presidents since 1976 have done better than BHO. You demonstrated that. Thanks.:cool:
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Clinton had more job creation than Reagan
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Gimmesometruth said:
Um, you have been shown that Obama has outperformed your guy's 2 terms in job creation within his first term, and has regained all of the GDP destruction of from the shrub.

And a shift away from the topic, a concession on the econ debate.
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I'm not the one who shifted topic to what GWB will be remembered for. BHO's economic performance is a failure.:cool:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

What I find interesting is the following:

1) Republicans want smaller government (so small you can drown it in a bathtub)

2) The sequester starts

3) Fewer jobs are added last month because the sequester is forcing layoffs in government.

4) Now Republicans are pissed that the government is shrinking?

5) So I guess, for all their talk about smaller government, Republicans really DO like big government.

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

DA60 said:
So 7.3% is double 3.9%.

Not big on exactitude are you?


But of course, this is the guy that says the official unemployment rate the day Obama took office was 7.8%...even though it was 7.3%.

:rolleyes:
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WTF?? I thought you're ignoring me? When do you keep your word?

Your troubles with commitment aside, even backdating when the president starts by a month, as you do for some reason, according to your numbers, the unemployment rate when Bush left office (actually, 3 weeks before he left office), the unemployment rate was 9.3%

3.9% to to 9.3% = a 138% increase.

Worse than any president since Herbert Hoover. :lamo
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Keep trying to make something out of nothing.:cool:
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At least you admit that post of yours was nothing. Thanks!
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Failure to reply noted.:roll:
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It's not my fault you can't understand how ludicrous it is to claim that the president with the worst record on unemployment since Hoover had a record as good as Clinton's and even better than Reagan's.

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

DA60 said:
this is the guy that says the official unemployment rate the day Obama took office was 7.8%...even though it was 7.3%.

:rolleyes:
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In no way can you say it was 7.3%. The reference week for January 2009 was January 11-17…the week before Inauguration…so it was 7.8% the week before Inauguration. Now, the January number obviously wasn't published yet, but the available number for December 2008 was 7.2%. A year later it was revised to 7.4% and later revised down to 7.3%

So if you're going to insist on a number that wasn't published until January 2011 or later, why use the number for 5 weeks before the inauguration instead of the week before?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
It's not my fault you can't understand how ludicrous it is to claim that the president with the worst record on unemployment since Hoover had a record as good as Clinton's and even better than Reagan's.

:roll: :roll: :roll: :roll:
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It only appears that way to the victims of Bush Derangement Syndrome.:cool:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

pinqy said:
In no way can you say it was 7.3%.
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One - I can say it was 7.3% anytime I wish. Or 2.1% or 18.9%.

It's called free speech.

The reference week for January 2009 was January 11-17…the week before Inauguration…so it was 7.8% the week before Inauguration. Now, the January number obviously wasn't published yet, but the available number for December 2008 was 7.2%. A year later it was revised to 7.4% and later revised down to 7.3%

So if you're going to insist on a number that wasn't published until January 2011 or later, why use the number for 5 weeks before the inauguration instead of the week before?
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Two - I said 'official' on that day.

I did not say 'actual' - I freely acknowledge it may have actually been 7.8% on that day.

But, on the day he was inaugurated, if someone reported on the unemployment, they would have said that it was 7.2% - not 7.8%.

I am trying to determine if this guy can recognize obvious facts without spinning them out of control - not win the Nobel Prize for Economics.


And three - not that I doubt you, but where is a link to your source of the 'reference week'?

The only one I know states: 'Each month, 2,200 highly trained and experienced Census Bureau employees interview persons in the 60,000 sample households for information on the labor force activities (jobholding and jobseeking) or non-labor force status of the members of these households during the survey reference week (usually the week that includes the 12th of the month).

http://www.bls.gov/cps/cps_htgm.htm

'Usually' does not mean 'always' - so I am wondering how you know that it was absolutely without question during that week, during that month.

Again, not that I am doubting you.
 
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Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
And you base your nonsense on what supposition?:cool:
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You want a second chance to show your dancing moves? Happy to oblige!

Jack Hays said:
There is absolutely nothing in libertarian thought that precludes support for public sector employment.
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Jack Hays said:
My argument doesn't depend in the slightest on private sector vs public sector distinctions. Employment is employment. GWB's average unemployment rate was 5.3%. BHO's average is 8.9%. QED.:cool:
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Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
I'm not the one who shifted topic to what GWB will be remembered for. BHO's economic performance is a failure.:cool:
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LOL....we WERE talking about his econ policy, you reached a dead end end, shifted to GWOT.

I understand why you did it, but it is a concession none the less.
I'm just waiting for the hypocrite dance steps....
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Yes. And? I'm unfamiliar with argument by non sequitur.:cool:
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You don't see or understand your hypocrisy?...I'm cool with that....you don't have a move.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Gimmesometruth said:
LOL....we WERE talking about his econ policy, you reached a dead end end, shifted to GWOT.

I understand why you did it, but it is a concession none the less.
I'm just waiting for the hypocrite dance steps....
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I only shifted to follow your shift. I'm happy to abandon the tangent.:cool:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Yes. And Reagan achieved Cold War victory, the most important accomplishment since 1945. Unlike Clinton. :cool:
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Uhmm no that was the culmination of several administrations. And Reagan was willing to trade arms with a terrorist nation.
 
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