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Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

Re: Jobless Rate Rises to 9.8 Percent, Highest Since April

you people are so quick to bend and twist the truth in order to attack president obama; who can't do anything about what Bush did.

it's not 9.8% unemployment; it's 90.2% of jobs created or retained.
 
Moderator's Warning:
Threads merged. Sorry it took so long, busy day.
 
How is that hope and change working out for you? Why does anyone buy the rhetoric from this Administration?

The recession ended in June 2009 and yet today we have higher unemployment each month of 2010 than we had in 2009, the last year of the recession? Are the remaining Obama supporters ever going to admit they have been duped by the rhetoric of this empty suit?

Jobless Rate Rises to 9.8 Percent, Highest Since April - FoxNews.com

When is it the Government (Public Sector) job to provide Private Sector jobs?

There's a name for that, Conservative, it's called Communism. You don't want a Communist leader, do ya?
 
Re: Unemployment rate hits 9.8%. Hope and Change?

Unemployment is a lagging indicator; but none the less our situation fits the definition of a "jobless recovery".

Ya'll been using that line for better than two years, now.
 
Well we could easily get more jobs if we could get the government to invest in green energy

This government has been investing in green energy. Where are the jobs?
 
This government has been investing in green energy. Where are the jobs?

Where labor organization, quality of life, and standard of living are low? Maybe there's some 'green jobs' in Mexico or Honduras? =)
 
When is it the Government (Public Sector) job to provide Private Sector jobs?

There's a name for that, Conservative, it's called Communism. You don't want a Communist leader, do ya?

Where did I say it was the Public Sectors' job to provide private sector jobs? Do you understand the term incentive? Do you believe that taxes impact consumer spending thus private sector jobs? Think that the govt. doesn't affect the private sector?
 
When is it the Government (Public Sector) job to provide Private Sector jobs?

There's a name for that, Conservative, it's called Communism. You don't want a Communist leader, do ya?

Communism by definition lacks a state. Care to play again?
 
Where did I say it was the Public Sectors' job to provide private sector jobs? Do you understand the term incentive? Do you believe that taxes impact consumer spending thus private sector jobs? Think that the govt. doesn't affect the private sector?

Obviously the Government impacts the Private Sector Job. But it's hilarious because real Conservatism suggests that the Government stay out of the private sector even if it can "incentivize" it. Job growth is not dependent on taxes that's a weak correlation at best. These companies that were bailed out are alive and well financially. For whatever reason, Human Resources isn't hiring.
 
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Obviously the Government impacts the Private Sector Job. But it's hilarious because real Conservatism suggests that the Government stay out of the private sector even if it can "incentivize" it. Job growth is not dependent on taxes that's a weak correlation at best. These companies that were bailed out are alive and well financially. For whatever reason, Human Resources isn't hiring.

Have you ever run a business especially a retail business? Anyone that says that taxes don't affect the retail business is out of touch with reality and has no credibility. We have a consumer driven economy that requires consumer spending to drive it. Lower taxes means more take home pay and thus more spendable income.

No companies should have been bailed out IMO but I do understand TARP most of which has been paid back.
 
Have you ever run a business especially a retail business?

There's a family business, yes.

Anyone that says that taxes don't affect the retail business is out of touch with reality and has no credibility.

We've never based our hiring practices on tax rate. That's insane. It's about what is needed for the best operation of our business and what the roster looks like.
We have a consumer driven economy that requires consumer spending to drive it. Lower taxes means more take home pay and thus more spendable income.
Yes we have a consumer driven economy that is true. The bailout didn't occur because the Government is broken, mind you, it's because the market's spoke started to shatter and people were flipping their ****. If anything the bailout was to stop a return to the madness of the early 20th century when people started to take their entire savings out of banks. Consumer driven economy also means an economy that is driven by passion, to a degree.


No companies should have been bailed out IMO but I do understand TARP most of which has been paid back.
But for the purpose of this thread, your beef with Obama is that he has not delivered public sector jobs. Which is crazy on another part (in cohort with the portion I've posted on above).... Obama does not make economic policy.
 
Well a lot of presidents do not know squat about the economy so they have economic advisors that help them make decisions.

this is the most insular white house i've ever seen

i could deliver you links from journo lister elites who feel the same way

his economic advisers mostly QUIT

remember romer, orszag and summers?

sincerely, it appears to me that this president is INSECURE in the presence of outsiders

his TEAM, it appears, pretty much has to come from chicago, liberal academia or the basketball court
 
Well im in academia and he doesnt have my support lol
 
This government has been investing in green energy. Where are the jobs?

Where are the jobs???? Where are the "shovel ready jobs" that DUMMY was talking about all this time??? :)
 
Arch Enemy;1059137145]There's a family business, yes.



We've never based our hiring practices on tax rate. That's insane. It's about what is needed for the best operation of our business and what the roster looks like.

Of course you don't but you do hire based upon demand for the goods and services you provide and have to know that people with more spendable income have the opportunity to spend some of that on your goods and services and all that begins with tax rates which determine spendable income.

Yes we have a consumer driven economy that is true. The bailout didn't occur because the Government is broken, mind you, it's because the market's spoke started to shatter and people were flipping their ****. If anything the bailout was to stop a return to the madness of the early 20th century when people started to take their entire savings out of banks. Consumer driven economy also means an economy that is driven by passion, to a degree
.

There were a number of bailouts so lets make sure we are on the same page, which bailouts did you support if any? I don't recall a run on the banks so enlighten me. Of course I live in TX which seems to be better off than the rest of the country and may have missed it.



But for the purpose of this thread, your beef with Obama is that he has not delivered public sector jobs. Which is crazy on another part (in cohort with the portion I've posted on above).... Obama does not make economic policy.

You are kidding, right, you believe I am for public sector jobs? Haven't been around much have you? Read my posts. I am for the private sector and believe the govt. is too big and that size is promoted by Obama. If Obama doesn't make economic policy with a Democrat Congress who does?
 
Where are the jobs???? Where are the "shovel ready jobs" that DUMMY was talking about all this time??? :)

The shovel ready jobs and the green jobs are all in the same place; somewhere in Obama's imagination...:rofl
 
Can't wait till he is out of office. I hope he doesn't ruin this country in the next two years.

Hopefully the elections of Nov. 2 will keep him in check. Just get ready for the media outrage over what the Republicans are going to do.
 
Of course you don't but you do hire based upon demand for the goods and services you provide and have to know that people with more spendable income have the opportunity to spend some of that on your goods and services and all that begins with tax rates which determine spendable income.

That's valid.

.
There were a number of bailouts so lets make sure we are on the same page, which bailouts did you support if any? I don't recall a run on the banks so enlighten me. Of course I live in TX which seems to be better off than the rest of the country and may have missed it.

Well Texas probably would be fine. In the early 20th century a run on the banks was almost standard M.O. in Europe and America. What era do you want an example from? Bottom line is that when banks are tanking (as BofA and WF were) people want to put them money in their mattresses and not into a bank that cannot pay its bills.


You are kidding, right, you believe I am for public sector jobs? Haven't been around much have you? Read my posts. I am for the private sector and believe the govt. is too big and that size is promoted by Obama. If Obama doesn't make economic policy with a Democrat Congress who does?

The sitting chairman of the largest Federal Reserve Bank makes policy. Obama goes to G-20 and other economic forums to hold hands with Cameron and kiss Merkle on forehead. The real economic policy is made by commissioners, or their equivalents, elsewhere. It's not a conspiracy.

I totally meant "private" instead of "public". Sorry, I should proof-read.
 
Job growth is not dependent on taxes that's a weak correlation at best.

tell it to bayh, nelson, lieberman, landrieu, webb, lincoln, finance chair baucus, budget chair conrad...

http://www.politicsdaily.com/2010/0...-for-wealthy-worried-democrats-liking-the-id/

which is why we are where we are today

tell it to peter orszag

"[O]ver the medium term, the tax cuts are simply not affordable" but allowing the tax cuts to expire at the end of the year would "make an already stagnating jobs market worse," Orszag continued.

Orszag calls for tax cut extension in news column - Sep. 7, 2010
 
That's valid.

.


Well Texas probably would be fine. In the early 20th century a run on the banks was almost standard M.O. in Europe and America. What era do you want an example from? Bottom line is that when banks are tanking (as BofA and WF were) people want to put them money in their mattresses and not into a bank that cannot pay its bills.




The sitting chairman of the largest Federal Reserve Bank makes policy. Obama goes to G-20 and other economic forums to hold hands with Cameron and kiss Merkle on forehead. The real economic policy is made by commissioners, or their equivalents, elsewhere. It's not a conspiracy.

I totally meant "private" instead of "public". Sorry, I should proof-read.

I thought we were discussing the current financial crisis which as I stated I didn't see a run on the banks.

I also thought we were discussing economic policy not monetary policy. I remain strongly supportive of private sector jobs not public sector jobs. Our economy was built on the private sector not the public sector.
 
so, having seen all there is to see, and over again, here we reach the juncture where progressive apologists will quote from their ivy league text books in language obstinately opaque and obscurantist...

when, in reality, they might be better off speaking in the common coin of the realm

because mom and pop see NINE POINT EIGHT---TWO YEARS LATER---for exactly what it is

bad, worse, and getting worser

ie, bottom line

we can debate quantitative easing and consumer levaraging, supply side curves and david stockman...

but the more we do the more mom and pop, in their GUTS, where politics is played, KNOW

arithmetic suffices, and normal americans have no need for, indeed, hold an actual aversion to necromancy

and politics will always trump economics

america demands a redirection AWAY from obamanomics, with its massive uncertainties surrounding TAXES, HEALTH CARE, ENERGY, financial REGULATION...

and mom and pop are pleased to see its start with the inevitable extension of the current tax rates for ALL AMERICANS

ie, NO TAX INCREASES IN MIDST OF RECESSION---economics 101

the LAST KEYNESIAN is what THE GUARDIAN called him 6 months ago

G20: Make poverty history, but not just yet | Editorial | Comment is free | The Guardian

at the g20 a week after tsunami tuesday, because of bernanke's ubiquitous bailouts, the international economic community, according to the NATL JOURNAL, treated him like RODNEY DANGERFIELD

NationalJournal.com - America?s Rodney Dangerfield Moment - Friday, November 12, 2010

it is what it is

the pulitzer pauls will prattle, the nobel neds will nag

but REALITY must prevail

obama's policies have FAILED, both economically AND politically

it was all so predictable

good luck to all of you, times are gonna get even tuffer
 
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