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Unemployment dips to 8.9 pct., 192K jobs added

Redress said:
Then why did you bring it up? Did Obama say he would end "those wars", or where you factually mistaken in what you where trying to show?
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He certainly said he would end the Iraq War

.Barack Obama Promise to End War youtube.com — "I will promise you this, that if we have not gotten our troops out by the time I am president, it is the first thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank. " - Barack Obama Campaign Promise - October 27, 2007
 
Walter said:
Really? 9% unemployment is something to brag about....that tells WE THE PEOPLE all we need to know.
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And this doesn't count the people that they file under "no longer looking for work".

Curious question: How do they know who quit looking?
 
rcart76 said:
Have you look at it or are you following what fox news told you.
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what fox news (LOL!) told us about obamacare

half trillion in cuts to medicare, all the while obama simultaneously expands its already teetering enrollment by millions, wapo:

Capitol Briefing - Senate votes to keep Medicare cuts

er costs increase, boston globe:

ER visits, costs in Mass. climb - The Boston Globe

doctors refuse new medicare patients, nyt:

http://www.nytimes.com/2009/04/02/business/retirementspecial/02health.html

the doc fix passes, another quarter tril unaccounted for, the hill:

Senate passes 1-year doc fix - The Hill's Healthwatch

another quarter T double counted, bloomberg:

Budget Office Rebuts Democratic Claims on Medicare (Update1) - Bloomberg

our already broken backed states are burdened with 200 billion in the form of brand new medicaid enrollees, globe:

Governors balk over what healthcare bill will cost states - The Boston Globe

three quarters of a T in new taxes, cbo website:

Director's Blog » Blog Archive » Additional Information on CBO’s Preliminary Analysis of H.R. 2

800 toobigs EXEMPTED from obamacare's yearly cap requirements, hhs website:

Helping Americans Keep the Coverage They Have and Promoting Transparency | HHS.gov
 
Conservative said:
Bush didn't create the Afghanistan surge but keep diverting, this is about inheriting a 1.3 trillion dollar deficit and that is a lie as has been proven and you want to ignore.
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bush created both wars, that's a fact. to blame obama for war spending is just plain ignorant. at the least, obama inherited a 400 billion dollar deficit, and yes, he added to that, BECAUSE HE HAD TO. he had to pay for bush's wars, and he had to add stimulus funds.
 
Conservative said:
Now for the rest of the story, since Obama has taken office over a million people per month have dropped out of the labor market. Guess that is a success to liberals.

Labor Force Statistics from the Current Population Survey
Original Data Value

Series Id: LNS13000000
Seasonally Adjusted
Series title: (Seas) Unemployment Level
Labor force status: Unemployed
Type of data: Number in thousands
Age: 16 years and over
Years: 2000 to 2010

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2000 5708 5858 5733 5481 5758 5651 5747 5853 5625 5534 5639 5634
2001 6023 6089 6141 6271 6226 6484 6583 7042 7142 7694 8003 8258
2002 8182 8215 8304 8599 8399 8393 8390 8304 8251 8307 8520 8640
2003 8520 8618 8588 8842 8957 9266 9011 8896 8921 8732 8576 8317
2004 8370 8167 8491 8170 8212 8286 8136 7990 7927 8061 7932 7934
2005 7784 7980 7737 7672 7651 7524 7406 7345 7553 7453 7566 7279
2006 7059 7185 7075 7122 6977 6998 7154 7097 6853 6728 6883 6784
2007 7085 6898 6725 6845 6765 6966 7113 7096 7200 7273 7284 7696
2008 7628 7435 7793 7631 8397 8560 8895 9509 9569 10172 10617 11400
2009 11919 12714 13310 13816 14518 14721 14534 14993 15159 15612 15340 15267
2010 14837 14871 15005 15260 14973 14623 14599 14860 14767 14843 15119 14485
2011 13863 13673
Discouraged workers
2008 467 396 401 412 400 420 461 381 467 484 608 642
2009 734 731 685 740 792 793 796 758 706 808 861 929
2010 1065 1204 994 1197 1083 1207 1185 1110 1209 1219 1282 1318
2011 993 1020

Unemployed + Discouraged
2008 8095 7831 8194 8043 8797 8980 9356 9890 10036 10656 11225 12042
2009 12653 13445 13995 14556 15310 15514 15330 15751 15865 16420 16201 16196
2010 15902 16075 15999 16457 16056 15830 15784 15970 15976 16062 16401 15803
2011 14856 14693

Apparently 14.693 million unemployed is a success to a liberal. The only liberals touting these numbers must be the ones that are either in school or have a job.

Since the Obama "recovery" began 20 months ago, the national unemployment rate has fallen only half a point, from 9.4 percent in July 2009 to 8.9 percent today. Contrast those anemic results with the robust job growth that occurred during the Reagan recovery in the ’80s. By the 20-month mark of the Reagan recovery, unemployment had dropped from 10.8 percent to 7.5 percent – a 3.3-point drop.
Source: http://blog.heritage.org/2011/03/04/...eaving-behind/
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Must you always be so damned cynical? That's one whole percentage point down from where things were two years ago. It's not much, but can you atleast try to find some positive in what's happening with our country as a result of what this Administration and Congress are doing instead of being so negative all the time?
 
liblady said:
bush created both wars, that's a fact. to blame obama for war spending is just plain ignorant. at the least, obama inherited a 400 billion dollar deficit, and yes, he added to that, BECAUSE HE HAD TO. he had to pay for bush's wars, and he had to add stimulus funds.
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What does any of that have to do with Obama claiming that he inherited a 1.3 trillion dollar deficit? The deficit for 2009 was 1.4 trillion and if you want to deduct the 100 billion Obama supplemental for the Afghanistan that leaves a 1.3 trillion deficit. Still waiting for you to explain where the 350 billion TARP money left for Obama went, the 787 billion stimulus plan that Obama submitted went, and where in the 2009 budget proposal there was a 1.3 trillion deficit? If there was a 1.4 trillion deficit in 2009 where did those items I listed show up?
 
Objective Voice said:
Must you always be so damned cynical? That's one whole percentage point down from where things were two years ago. It's not much, but can you atleast try to find some positive in what's happening with our country as a result of what this Administration and Congress are doing instead of being so negative all the time?
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As I stated earlier, private sector job creation is good however the problem is there are 2 million fewer jobs today than there was two years ago when the stimulus was signed. I would love to be positive but cannot be with the Obama economic agenda. He spent too much to create these numbers, money that didn't have to be spent. The numbers are what I posted and can be found at bls.gov.
 
Conservative said:
Corporate welfare in your world is actually corportions keeping more of what they earn and using that for job creation, dividends to shareholders, charitable giving, and expansion, something apparently you will never understand.
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I will never understand an individual sticking to this same BS when the evidence in today's job market goes contrary to your mantra.

I'm sure you're seen the countless jobs reports that state employers (mostly in financial sectors, i.e., banks) have money to burn, but they're just sitting on it right now. And why? Please, don't come back with the line that it's about Obama's job killing policies because contrary to popular belief most of his financial policies have included tax cuts, not tax increases. Furthermore, the biggest so-called "job killer" - the PPAC - hasn't even gone into full swing yet. Nothing about its implementation currently has anything to do with the business sectors. It's all on the States currently to implement the high-risk pools under the law. So, explain to us how in our current economic environment if businesses have received tax cuts especially considering that the Bush Tax Cuts have been extended thru 2012 and businesses (banks mostly) are sitting on all this surplus cash - money you say if they are allowed to keep they'll reinvest it for the sake of job growth - why the hell aren't they doing it? (Or shall I say why aren't they doing it faster since we are seeing increased private sector job growth per the article in the OP.)
 
Conservative said:
He certainly said he would end the Iraq War

.Barack Obama Promise to End War youtube.com — "I will promise you this, that if we have not gotten our troops out by the time I am president, it is the first thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank. " - Barack Obama Campaign Promise - October 27, 2007
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That was Iraq. That is one of two wars. He has continued to bring troops home from Iraq as per the agreement Bush made with the Iraqi government. Afghanistan he ran on a platform of concentrating on and winning.
 
Conservative said:
What does any of that have to do with Obama claiming that he inherited a 1.3 trillion dollar deficit? The deficit for 2009 was 1.4 trillion and if you want to deduct the 100 billion Obama supplemental for the Afghanistan that leaves a 1.3 trillion deficit. Still waiting for you to explain where the 350 billion TARP money left for Obama went, the 787 billion stimulus plan that Obama submitted went, and where in the 2009 budget proposal there was a 1.3 trillion deficit? If there was a 1.4 trillion deficit in 2009 where did those items I listed show up?
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here ya go: bush submitted his budget, which clearly wasn't nearly what was required to keep things moving. so yes, obama inherited the 2009 deficit. what do you suppose would have happened to our economy had obama not spent what what did?
 
Conservative said:
Suggest you read posts 111, 114, 115 and how I responded to all those.
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111 is the one where you tried to build that straw man of me claiming something I never had. Suggest you go read it again.
 
liblady said:
here ya go: bush submitted his budget, which clearly wasn't nearly what was required to keep things moving. so yes, obama inherited the 2009 deficit. what do you suppose would have happened to our economy had obama not spent what what did?
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Obviously you don't know was a deficit is and that it is yearly not cummulative as that is the debt. GW Bush didn't create a 1.4 trillion dollar deficit in 3+ months of the fiscal year. There was no deficit when Obama took office, there was a projected deficit and that wasn't 1.4 trillion dollars. The 350 billion TARP money that Obama was left didn't have to be spent but much of it was, the 787 billion stimlus was created and that added to the deficit. How did those dollar amounts affect the deficit? Since Bush didn't spend them how is he responsible for the entire deficit?
 
Redress said:
111 is the one where you tried to build that straw man of me claiming something I never had. Suggest you go read it again.
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Maybe you ought to read it again

Your quote

Originally Posted by Redress

You do realize the war supplement and TARP came from Bush, right? You cannot blame the economy and unemployment on Obama, and then not blame TARP and the war supplements on Bush.
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the 100 billion dollar war supplemental was signed in June 2009 and that was Obama's
 
after failing even to propose a budget for 2010...

Dems won

...which is why we're still operating on appropriations, obama's budget request for '12 actually INCREASES our deficit over terrible '10's record rate by almost THIRTY PERCENT

his outyear projections are worse, relying as they do on rosily unrealistic interest rates and growth forecasts fantastic

White House Expects Federal Deficit to Spike to $1.65 Trillion - WSJ.com

the nyt in november of 2009 forecast that servicing our debt---MERE INTEREST ALONE---would soon reach a full ONE TRILLION DOLLARS PER YEAR

News Headlines

nothing has been done since to alter the lady's lament, only to accelerate the coming catastrophe

fyi
 
Conservative said:
Obviously you don't know was a deficit is and that it is yearly not cummulative as that is the debt. GW Bush didn't create a 1.4 trillion dollar deficit in 3+ months of the fiscal year. There was no deficit when Obama took office, there was a projected deficit and that wasn't 1.4 trillion dollars. The 350 billion TARP money that Obama was left didn't have to be spent but much of it was, the 787 billion stimlus was created and that added to the deficit. How did those dollar amounts affect the deficit? Since Bush didn't spend them how is he responsible for the entire deficit?
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there was a budget deficit. that means bush's budget planned on more expense than revenue. do you know how that works? clearly YOU can't admit when you are wrong. btw, i don't think bush WAS responsible for the entire deficit in 2009, just most of it, because his policies led us to our condtion in 2009.
 
Conservative said:
As I stated earlier, private sector job creation is good however the problem is there are 2 million fewer jobs today than there was two years ago when the stimulus was signed. I would love to be positive but cannot be with the Obama economic agenda. He spent too much to create these numbers, money that didn't have to be spent. The numbers are what I posted and can be found at bls.gov.
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So, in short you'd much rather continue to look backwards and find any and all ways to continue condemning the man, not once acknowledging the difficult situation he AND this country was in upon his inaguration, than to try and give him credit for taking steps to move this country out of its economic downturn which per the evidence from the OP and other like stories indicates that his actions are proving positive? Is that it?

You can dislike his policies all you want, but the evidence that his actions are bearing fruit is in the positive job growth numbers modest though they may be.
 
Conservative said:
Maybe you ought to read it again

Your quote

Originally Posted by Redress



the 100 billion dollar war supplemental was signed in June 2009 and that was Obama's
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Did the war come from Bush? Was there Bush war supplements? Did Bush choose not to put the war supplement in his budget? Then how can you blame Obama for the war supplement? The 2009 war supplement was a direct result of Bush's policy, but you still blame it on Obama.

To be complete and accurate, I did misspeak myself. I was thinking 2008, though the logic only changes, not the end result.
 
liblady said:
there was a budget deficit. that means bush's budget planned on more expense than revenue. do you know how that works? clearly YOU can't admit when you are wrong. btw, i don't think bush WAS responsible for the entire deficit in 2009, just most of it, because his policies led us to our condtion in 2009.
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Could you name the specific Bush Policies that led to that condition?

.
.
....which will be akin to asking What specific Clinton Policies led to the economic boom of the 90's?
.
.
.
 
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