Yes, exactly:162,000 jobs during a month...is not especially notable, especially since 15 million jobs were lost
Yes, exactly:162,000 jobs during a month...is not especially notable, especially since 15 million jobs were lost
So you forecast a negative jobs report for April? In the tune of what?
I made the graph myself. It is historical bls data. Feel free to make your own and prove me wrong.
U.S. Bureau of Labor Statistics
Do you honestly believe I'm spinning "bad news"? Really?I take great joy in some of those on the right revealing themselves. "Good news? OH NO! We can't have good news with democrats in power. However can we spin this into something bad? We must have bad news so we can win more in November."
Ayyyyyyup. Thats pretty much my opinion too.
The thing is...we would be about 4 years into recovery right now if they had just let it do its thing...as it is..we keep artificially staving it off as if it isnt going to happen.
Only a mindless idealogue would see the jobs announcment as 'good news'.
Hey...'good news!' The federal government just added another 3.5 trillion to the federal debt this year in social spending that we dont have!
****ing morons.
No, we would still be falling had they let it do it's thing. The damage to the housing sector was too severe. We would still be in the early stages of a depression had nothing been done. Not to say it still won't happen.
Interest rates should have been brought up to normal levels six to eight years ago and the housing bubble and it's collapse would never have happened.
Where do you get 1/20? The difference in slope is more like ~5 or 6 vs ~-20.The scale is most certainly questionable.
If the "blip" you site is 162k+ looking to possess a slope <1/20. My question to you is, why does the downward slope (appear to be) <-5? It does not make sense mathematically.
I made the graph myself. It is historical bls data. Feel free to make your own and prove me wrong.
U.S. Bureau of Labor Statistics
3.5 trillion? I did not know that. Do you have a link?
Nov-07 to the latest jobs report (+162k). As I've already stated, data are jobs (from BLS). I believe gridlines indicate 1 million jobs.What data exactly is it though? What years/months, and what is the vertical scale?
Im sure your google works as well as mine...We are deficit spending to the tune of 1.5 trillion...added to actual budget amounts.
We are 13.5 trillion in debt and congress just raised the debt ceiling to allow for 15 trillion...gee...wonder why...
"Spending surged due to tax credits to individuals and businesses, part of a three-year budget stimulus plan launched in February 2009.
White House has warned the deficit for 2009-2010 to reach $1.555 trillion because of government spending to stimulate economic recovery."
And thats what you call a BAD thing...
Nov-07 to the latest jobs report (+162k). As I've already stated, data are jobs (from BLS). I believe gridlines indicate 1 million jobs.
Im sure your google works as well as mine...We are deficit spending to the tune of 1.5 trillion...added to actual budget amounts. We are 13.5 trillion in debt and congress just raised the debt ceiling to allow for 15 trillion...gee...wonder why...
"Spending surged due to tax credits to individuals and businesses, part of a three-year budget stimulus plan launched in February 2009.
White House has warned the deficit for 2009-2010 to reach $1.555 trillion because of government spending to stimulate economic recovery."
"The new requirement comes with lots of exemptions, however, and it's telling that it's part of legislation to increase the nation's debt limit by $1.9 trillion, an adjustment that's necessary because budget deficits are expected to reach $1.56 trillion this fiscal year and $1.27 trillion next year.
The government will be able to borrow as much as $14.3 trillion, enough to pay its bills at least through this year. Without the new limit, that authority probably would have been exhausted later this month."
And dont think this is an anti democrat or anti-Obama statement. BOTH parties put us in that hole. And WE (anyone that has a JOB) are going to pay for it.
And thats what you call a BAD thing...
Yes, BLS reports monthly. We just received the March jobs report.So months?
Does the scale start at zero? LOL I certainly hope not - we'd be in huge trouble if there were only a million jobs out there.The scale is 1 million jobs - is this 1 million added or subtracted from the previous month, or total jobs?
Does the scale start at zero, or above it?
Do you honestly believe I'm spinning "bad news"? Really?
The job situation is what it is. I've posted the data. I take the position that we'll need several months of growth before we have anything truly significant and even then, we're going to have historic unemployment numbers come election time.
That's never good news for the party in power.
Um, what?
You have to add revenue as well as spending to get a total deficit.
Assuming that's correct, that is an additional...1.5 trillion. Not 3.5.
Yes - 1.5 trillion. Which is not 3.5 trillion.
"The new requirement comes with lots of exemptions, however, and it's telling that it's part of legislation to increase the nation's debt limit by $1.9 trillion, an adjustment that's necessary because budget deficits are expected to reach $1.56 trillion this fiscal year and $1.27 trillion next year.
The government will be able to borrow as much as $14.3 trillion, enough to pay its bills at least through this year. Without the new limit, that authority probably would have been exhausted later this month."
Okay, so they are expected to reach 1.56 trillion. Not 3.5 trillion. And then 1.27 trillion NEXT YEAR. Also not 3.5 trillion.
Wildly overstating your case is also a bad thing.
Obamas budget is 10% more than Bush's. Could the lack of revenue caused by Bush's recession have created that deficit? Or was it Obamas tax cuts and credits that did it?
Were you equally outraged that Bush doubled the debt during his reign?
Obamas budget is 10% more than Bush's.