• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Jobless Claims Cast a Pall Over Job Market

I don't trust the government's numbers. I get unemployment figures here.

Gallup Daily: U.S. Workforce

It's much more accurate than the figure reported on the news as it includes a pretty good attempt at measuring underemployment. As this shows: ouch. Quit extending unemployment benefits. Quit threatening new taxes. How does anyone expect unemployment to settle down in this environment?
 
Our taxes are at about their lowest levels ever, so somehow I suspect taxes are not the cause of our woes.
 
disneydude said:
Not only that....its the same folk that are trying to convince people that the economy isn't recovering despite every economic indicator that it is.

The right-wing is desperate to try to keep things looking bad because it is their only hope in November. :doh
Click to expand...

Recovery? Have you seen this much more accurate charts?

Gallup Daily: U.S. Workforce

Consumer Spending (Weekly)

Job Creation Index (Weekly)

Economic Confidence Index (Weekly)

It looks like things are stabilizing at crap.
 
Deuce said:
Our taxes are at about their lowest levels ever, so somehow I suspect taxes are not the cause of our woes.
Click to expand...

It is the threat of taxes. Talk about a VAT and cap-and-trade create an environment of fear that will prevent new hirings. Also worth nothing that taxes are not down on the rich. And what group of people is in the position to hire us? The rich.
 
Deuce said:
Our taxes are at about their lowest levels ever, so somehow I suspect taxes are not the cause of our woes.
Click to expand...

Yes, that would be spending more than you have.
 
Jetboogieman said:
But why is that a good thing? Republicans are no better then democrats at governance. They're both as money grabbing, lying cheats as eachother. So you can vote in one party that will screw you over, and another party that will screw you over.
Click to expand...

Because the market and business in general like a government that won't overburden them with over-regulation and taxes, and consumers have more money to spend and do it with more confident when they don't have the government threatening more regulation and taxes, too.

My company is even thinking about hiring right now with so much uncertainty from the government and its intenions toward Wall Street, big business, taxes, healthcare, etc.

Just wait until the inflation from Obama's spending kicks in. It's going to be ugly.
 
Deuce said:
Our taxes are at about their lowest levels ever, so somehow I suspect taxes are not the cause of our woes.
Click to expand...

Taxes are low because profits are WAY down. You can't tax the wages of unemployed people or the profits of unprofitable businesses.
 
Deuce said:
The majority party always loses seats in the midterm, it's like clockwork...
Click to expand...
Um......no.

Going into the 2002 elections, President Bush campaigned hard for voters to elect a Republican Congress and he got his wish. Republicans expanded their majority in the House and regained control of the Senate. While Democrats were reeling from their congressional losses, they did win governor's races in the key presidential battleground states of Illinois, Michigan and Wisconsin
Click to expand...
CNN.com Election 2002
 
Deuce said:
Are you sure? Every time a thread about poor economic signs comes up, there's a particular group of people with a common trait who pop up in each of them. They typically seem almost gleeful at the prospect of a slow economic recovery.

If, hypothetically, there are posters out there who find themselves pleased with such a news story for some reason, they should probably do a self-analysis as to why, and maybe consider what their attitude says about their priorities.
Click to expand...

Troll much?....
 
Jetboogieman said:
But why is that a good thing? Republicans are no better then democrats at governance. They're both as money grabbing, lying cheats as eachother. So you can vote in one party that will screw you over, and another party that will screw you over.
Click to expand...

I imagine it's a matter of degree.... look at spending under the last admin. Now look at spending under the present.




It's all Bush's fault!!!!

10

9

8

7

6

5

4

3

2

1
 
Zyphlin said:
I know, its kind of crazy. Bad economic news is always posted and focused primarily on by one group of people here, and Good economic news is always posted and focused primarily on by another group of people here.

Its like this weird bizarro world of 3 or 4 years ago, when the second group only posted bad economic news and the first group only posted good economic news.

Weird how that works.

What is even weirder is that one particular group makes these accusations in bad economic posts, while another group makes these accusations in good economic posts, but rarely does anyone make them in both posts.

Odd, I think this had a bizarro world trend from some years ago too.

Why would that be...hmmm...what could possibly be the reason....
Click to expand...

Two different views of the world?

Did I win a prize?

Didn't think so. :(
 
phattonez said:
It is the threat of taxes. Talk about a VAT and cap-and-trade create an environment of fear that will prevent new hirings. Also worth nothing that taxes are not down on the rich. And what group of people is in the position to hire us? The rich.
Click to expand...


This post says it all. In an unstable investment environment as stated above, you would have to be nuts to invest or expand a business. You sit tight until things settle down and you can make an informed decision...... any thing else is betting at the roulette wheel, on a crooked table.
 
Erod said:
If you don't have a job, and can't get one, then there's no need for an economic indicator.

And November, I'm sorry to tell you, is already in the bag for Republicans. The Dems are going to take huge hits, including a lot of people who've been running your party for a long, long time.
Click to expand...

Just like in Pennsylvania? :doh
 
disneydude said:
Just like in Pennsylvania? :doh
Click to expand...

I can't believe you are celebrating a win by a guy who ran on a platform that makes Rush Limbaugh look like Dennis Kucinich.
 
Erod said:
I can't believe you are celebrating a win by a guy who ran on a platform that makes Rush Limbaugh look like Dennis Kucinich.
Click to expand...

The guy sure sounds like a ditto head.... but I think that was pure political expediency.

I wish there were recalls on politicians that lie to get elected then turn around and vote opposite of what they campaigned on. As it stands, all you can do is live with it or shoot them.... shooting unfortunately has a few draw backs. :(
 
VIX fear gauge jumps to 14-month high - May. 20, 2010

vix vaulted THIRTY ONE PERCENT today

the "fear gauge" grew SEVENTY THREE PERCENT in FIVE DAYS

worry has waxed A HUNDRED AND FOURTEEN PERCENT, year to date

it's more than just jittery jobs jumbles

it's EUROPE

it's INTERNATIONAL MARKETS

england's ftse fell TWO PERCENT ON THE DAY, after flailing minus ONE POINT SEVEN yesterday

deutschland's DAX dropped FOUR POINT TWO today, ONE POINT SEVEN wednesday

france's cac crashed FOUR POINT TWO this morning, ONE POINT NINE 24 hours ago

shanghai shed FIVE POINT ONE monday

unfortunately, far flung fears have not been forestalled by barroso's bailout

what could possibly contribute to confidence when merkel's mouthing off every afternoon, sarkozy's sighing?

how find faith when the greeks gesticulate their disagreeableness about PAYING EVERYTHING BACK?

be vexed, vix is
 
Deuce said:
If, hypothetically, there are posters out there who find themselves pleased with such a news story for some reason, they should probably do a self-analysis as to why, and maybe consider what their attitude says about their priorities.
Click to expand...

instead of exhibiting CONCERN about CRASHES, a microscopic mind indeed must measure the MOTIVATIONS of those who clearsightedly SEE what's going on and comment on catastrophe

and then to offer psychoanalysis of so sophomoric a strain---pathetic
 
phattonez said:
It is the threat of taxes. Talk about a VAT and cap-and-trade create an environment of fear that will prevent new hirings.
Click to expand...

exactly

uncertainty is suicide at times like these

econ 101
 
You must log in or register to reply here.
Back
Top Bottom