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Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

Anthony60 said:
Well, that's a new one on me. How about some examples? That is, of the government creating wealth, not taking money from citizens and spending it.
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Here is something in black and white:

To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries;
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Fiat money also has value as a medium of exchange or no thieves would waste their time.

It really is that simple when you have a clue and a Cause.
 
danielpalos said:
Here is something in black and white:
To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries;
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That's pretty vague. So people create art and invent things of value. And... government creates nothing.

Fiat money also has value as a medium of exchange or no thieves would waste their time.

It really is that simple when you have a clue and a Cause.
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Well, I don't see one or the other in your response.
 
danielpalos said:
They spend most of their income on consumables. Some may even pay some part of their rent or mortgage. Any increase in demand may require more labor to meet it. It really is that simple.
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It must be quite lonely being as smart as you think you are and yet you say nothing. We have over 100 million Americans on some form of taxpayer assisted welfare, 17.3 trillion in debt, 250 billion a year in debt service, low economic growth, high unemployment and yet you still buy the liberal rhetoric and multiplier effect of unemployment and welfare? Liberalism is a bad disease that needs to be eradicated. Think for a change and stop buying the liberal rhetoric.
 
danielpalos said:
did you miss it; our federal Congress can be the best capitalists in the world, with an official Mint at their disposal.
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What wealth does the Federal Govt. create and what value does printing money generate? You really don't understand monetary policy either.
 
Conservative said:
It must be quite lonely being as smart as you think you are and yet you say nothing. We have over 100 million Americans on some form of taxpayer assisted welfare, 17.3 trillion in debt, 250 billion a year in debt service, low economic growth, high unemployment and yet you still buy the liberal rhetoric and multiplier effect of unemployment and welfare? Liberalism is a bad disease that needs to be eradicated. Think for a change and stop buying the liberal rhetoric.
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Yet, it is you who only has false analogies due to your lack of a clue and a Cause regarding this social dilemma. Means tested welfare is meant for subsistence level help, not to solve simple poverty.
 
danielpalos said:
did you miss it; our federal Congress can be the best capitalists in the world, with an official Mint at their disposal.
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I already pointed out that that is not creating wealth, it just dilutes the money supply. The amount of wealth stays contant, it does not increase by printing money off a press.
 
danielpalos said:
Yet, it is you who only has false analogies due to your lack of a clue and a Cause regarding this social dilemma. Means tested welfare is meant for subsistence level help, not to solve simple poverty.
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You are right, Daniel, I am clueless, totally ignorant after spending 35 years in the business world, employing thousands of employees, and helping generate individual wealth. I really should have been smarter like you, I only got a BS degree, worked my entire life yet have no clue how the economy works like you do. Seems to me living in the socialist republic of California has destroyed your mind. I sure wish you would educate me and others here by giving us your solution to the problems this country faces. All I see is someone promoting printing more money and creating endless unemployment insurance along with a govt. that you believe creates wealth. Couldn't be further from what our Founders created and that which you ignore
 
Anthony60 said:
That's pretty vague. So people create art and invent things of value. And... government creates nothing.
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The socialism of our social contract and supreme law of the land cannot be nothing, simply because you cannot Appeal to Ignorance of it. Are you really trying to claim copyrighting and patents are "useless and create nothing"?
 
Conservative said:
It must be quite lonely being as smart as you think you are and yet you say nothing. We have over 100 million Americans on some form of taxpayer assisted welfare, 17.3 trillion in debt, 250 billion a year in debt service, low economic growth, high unemployment and yet you still buy the liberal rhetoric and multiplier effect of unemployment and welfare? Liberalism is a bad disease that needs to be eradicated. Think for a change and stop buying the liberal rhetoric.
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nope; just unemployment because it is more market friendly and conforms to Individual Liberty. Any increase in demand may require more labor to meet it. It really is that simple.
 
Anthony60 said:
I already pointed out that that is not creating wealth, it just dilutes the money supply. The amount of wealth stays contant, it does not increase by printing money off a press.
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Yes, spending money on goods and services may create enough wealth (profit) to invest in better widget technology at potentially lower cost.
 
Conservative said:
You are right, Daniel, I am clueless, totally ignorant after spending 35 years in the business world, employing thousands of employees, and helping generate individual wealth. I really should have been smarter like you, I only got a BS degree, worked my entire life yet have no clue how the economy works like you do. Seems to me living in the socialist republic of California has destroyed your mind. I sure wish you would educate me and others here by giving us your solution to the problems this country faces. All I see is someone promoting printing more money and creating endless unemployment insurance along with a govt. that you believe creates wealth. Couldn't be further from what our Founders created and that which you ignore
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So what; simply having a degree and appealing to ignorance or diversion only results words that rhyme with cupid. Solving simple poverty instead of merely paying for a war on poverty is one, tax reducing goal.
 
DA60 said:
Dunno.

But remember, the 288K job creation number is not the only number put out by the BLS. They also said that - using a different form of computation/estimation - that 73,000 jobs were lost in April. And that the labor force shrunk by 806,000 people.

Employment Situation Summary Table A. Household data, seasonally adjusted. 4th and 2nd lines, respectively.


Both GDP and labor numbers were lousy.

If it was 'the weather' - then it maybe an aberration (even though more then half of the nation's population never/rarely sees any snow).

If it wasn't some 'my dog ate my homework' reason...we shall see.
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I know the created jobs were not the highest paying jobs. A bummer. People being employed should increase spending. I am hoping for the bump.
 
danielpalos said:
It creates enough wealth to make our capital world, go around.
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The govt. creates no wealth by printing money but can contribute to wealth creation by creating the atmosphere for the private individual to create personal wealth. You don't seem to understand the concept. The more money the govt. prints the less value for the dollars in the economy now, inflation is created and it takes more dollars to buy individual items and wealth is diluted
 
danielpalos said:
So what; simply having a degree and appealing to ignorance or diversion only results words that rhyme with cupid. Solving simple poverty instead of merely paying for a war on poverty is one, tax reducing goal.
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It does not benefit politicians to solve poverty as poverty creates dependence and that is what gives those politicians their power. You really are very naive and that will change with age and experience.
 
Conservative said:
The govt. creates no wealth by printing money but can contribute to wealth creation by creating the atmosphere for the private individual to create personal wealth. You don't seem to understand the concept. The more money the govt. prints the less value for the dollars in the economy now, inflation is created and it takes more dollars to buy individual items and wealth is diluted
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You are omitting fiat money's value as a medium of exchange.
 
Conservative said:
It does not benefit politicians to solve poverty as poverty creates dependence and that is what gives those politicians their power. You really are very naive and that will change with age and experience.
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lowering our tax burden through simplification of public policies can also have an effect on politicians claiming to be for lower taxes. why not get a clue and a Cause.
 
danielpalos said:
The socialism of our social contract and supreme law of the land cannot be nothing, simply because you cannot Appeal to Ignorance of it.
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What exactly are you refering to with "The socialism of our social contract and supreme law of the land"? To tell you the truth, I'm not even sure what that sentence means, if we can call it one.

Are you really trying to claim copyrighting and patents are "useless and create nothing"?
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They don't really create anything now, do they? They have a use of protecting works created by someone, not the government.
 
Anthony60 said:
What exactly are you refering to with "The socialism of our social contract and supreme law of the land"? To tell you the truth, I'm not even sure what that sentence means, if we can call it one.

They don't really create anything now, do they? They have a use of protecting works created by someone, not the government.
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maybe, because it may require a clue and a Cause.

Wealth for the owner is created through that form of socialism. Also, the promotion of the progress of science and useful arts and rights in private property, also enable wealth creation.
 
dear diary,

it has been a month now, and April is but a memory. however, the fighting in the streets over the April jobs report still continues. supplies are getting low; i'm knitting my own socks and shaking my own hand. i hope that i can hold out until June.

warm regards,

Helix
 
danielpalos said:
maybe, because it may require a clue and a Cause.

Wealth for the owner is created through that form of socialism. Also, the promotion of the progress of science and useful arts and rights in private property, also enable wealth creation.
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Yep, and from what he said and to what the other guy said, you have to pass it to know what's in it, isn't it? Resist, we much… we must… and we will much… about… that… be committed. That's where the kook and causation will be hidden, just before the end of the moment and into the next one, but on the very edge of it all. At least, I'm pretty sure about that.
 
Anthony60 said:
Yep, and from what he said and to what the other guy said, you have to pass it to know what's in it, isn't it? Resist, we much… we must… and we will much… about… that… be committed. That's where the kook and causation will be hidden, just before the end of the moment and into the next one, but on the very edge of it all. At least, I'm pretty sure about that.
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Rights in private property are secured by States in the US. That form of socialism enables our form of capitalism and any wealth creation as a result.
 
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