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In good sign, job losses slow as unemployment dips

Well this is certainly not the gloom and doom that has been predicted..

Dropped 1/10th of a point...that is far less worse than many people have been jumping up and down and praying for.

I think that deserves a boost in the poll numbers....expect it.
 
Well this is certainly not the gloom and doom that has been predicted..

Dropped 1/10th of a point...that is far less worse than many people have been jumping up and down and praying for.

I think that deserves a boost in the poll numbers....expect it.

No, it's worse. :rofl
 
You can not have it both ways...do you understand this? You can not go around saying if bad news comes that it is his fault and responsibility, and if good news comes say it is for another reason. Either you own it or you do not.
Except no critic of Dear Leader has attempted to have it both ways.

Dear Leader did not cause the recession--and no one is arguing that he did.

Dear Leader did not cause the financial crisis--and no one is arguing that he did.

Dear Leader did not cause unemployment to rise--and no one is arguing that he did.

Dear Leader did spend $787 Billion of Ben Bernanke's newly printed greenbacks, ostensibly to keep unemployment below 9%--and that did not happen.

Dear Leader spent the second half of the $700 Billion TARP bailout to get banks lending again--and that has not happened to any great degree; credit is still dear, bank balance sheets are still clogged with "toxic" assets.

Dear Leader is not pilloried for the bad results, but for choosing incorrect and unsuccessful methods to mitigate the continued bad results. The reality is the stimulus bill cannot have been the causative agent in this downturn in unemployment, for the simple reason that most of the putative "stimulus" in the bill has not entered the economy yet (and the most generous economist estimate is that 12% of the bill is actual economic stimulus).

Just as Dear Leader is not pilloried for causing the bad results, he is not praised for causing the good results. As he was not the cause for either, in discussing either the proper thing to do with Dear Leader is to disregard him.
 
Dear Leader did not cause unemployment to rise--and no one is arguing that he did.

I'll argue that he did. Policies such as cap and trade have cause companies to cut back on production, especially energy companies (coal and oil), in fear of getting hammered with new taxes. Tax breaks given to oil and gas producers have already been recended. Cap and trade would disallow oil companies to right off things like employee salaries and normal expenses involved in the industry. No company is going to survive if they have to pay taxes on the money they paid to employees, as if it were revenue.
 
apdst said:
I'll argue that he did. Policies such as cap and trade have cause companies to cut back on production, especially energy companies (coal and oil), in fear of getting hammered with new taxes.
Cap and Trade has not passed Senate so it is not yet law. But I agree that if it were to become law the economy would be hurt.
 
Cap and Trade has not passed Senate so it is not yet law. But I agree that if it were to become law the economy would be hurt.

With a fillibuster proof Democratic majority in Congress, few, if any companies are going to spend money on operations, or exapansion of operations with the cap and trade bill so close to being a reality; nothing to encourage industries to crank up normal operations. It's bad now, C&T passing will make the jobs market apocalyptic.
 
Obama supporters better get used to Euroloon style high unemployment rates. If Obama wants to turn America into a feckless Euroloon style country, we are going to have chronic Euroloon style unemployment rates, lower wages, much higher taxes, and a general lowering of the living standards on top of Obama’s ration care and crippling cap and trade policies that will make every product in the country increase in price.
 
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