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8.3% - 8/3/2012 7:20:43 AM   
Sanity


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Obama on the economy: 'We tried our plan - and it worked"

Headlines on Drudge this morning:


8.3%

41 straight months above 8%...
'Longest stretch on record'...
163,000 NONFARM JOBS ADDED...
150,000 Drop From Workforce...

'Real' Unemployment Rate Even More Troubling...

POLL: Obama Job Approval Slips to 44%; Matches 2012 Low... Developing...

Is Obama admitting that he is sabotaging the economy here, or is he just stupid?

For the record, I think he is just stupid.

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RE: 8.3% - 8/3/2012 7:23:18 AM   
Owner59


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Status: offline 		Obama is still going to win....lol....no matter what the numbers are......cuz folks know Mittens would be worse......

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RE: 8.3% - 8/3/2012 7:28:39 AM   
mnottertail


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Status: offline 		Well, thats going to happen when you are cutting the size of government.

Lotta people work for the government as the teabaggers have been howling for how long, and when they are let go, it makes unemployment, and since they were installed in republican governments by republican administrations, the real world finds them unfit for employment.

Whatcha gonna do?   How many airport bathroom attendants can you have? 

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RE: 8.3% - 8/3/2012 7:38:33 AM   
Sanity


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I disagree. Obama says this is what a plan that is "working" looks like while Romney on the other hand, says that we can do better...

In my humble opinion, most reasonable people will vote for the sane candidate

quote:

ORIGINAL: Owner59

Obama is still going to win....lol....no matter what the numbers are......cuz folks know Mittens would be worse......



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RE: 8.3% - 8/3/2012 7:42:59 AM   
mnottertail


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Status: offline 		yeah, hes gonna do what?  like he guarenteed every college graduate a job  (yeah he said that)

doing what?  nobody is hiring. and they wont just because there is a man with magic underpants in the whitehouse.



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RE: 8.3% - 8/3/2012 8:00:07 AM   
Lucylastic


Posts: 40310
Status: offline 		how many states have cut their public sector workers?
republican "cutting" their "bloated" govmnt? do we have numbers?
The expected growth was at 100,000 by some accounts..
163 is bigger than projected.
"sane" is obviously in the eye of the beholder.

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RE: 8.3% - 8/3/2012 8:02:25 AM   
mnottertail


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Status: offline 		The teabaggers and neo-cons want bloated government!!!!!! They want to borrow and spend!!!!!!!!  

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RE: 8.3% - 8/3/2012 8:05:16 AM   
Sanity


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Or whoever is in charge of manufacturing and / or spinning the official government numbers?



Reuters: Labor market slowed sharply after strong gains in winter, spelling trouble for Obama...

AP: Stronger job creation could help Obama's re-election hopes...


quote:

ORIGINAL: Lucylastic\
"sane" is obviously in the eye of the beholder.



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RE: 8.3% - 8/3/2012 8:09:18 AM   
mnottertail


Posts: 60698
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Status: offline 		since the links have little to do with what the link banners say, I would say that teabaggers are spinning numbers.

heres how they are calculated.
http://www.bls.gov/cps/cps_htgm.pdf

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RE: 8.3% - 8/3/2012 8:27:34 AM   
Lucylastic


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quote:

ORIGINAL: Sanity


Or whoever is in charge of manufacturing and / or spinning the official government numbers?



Reuters: Labor market slowed sharply after strong gains in winter, spelling trouble for Obama...

AP: Stronger job creation could help Obama's re-election hopes...


quote:

ORIGINAL: Lucylastic\
"sane" is obviously in the eye of the beholder.



Keep the spin...I notice you ignored the question... I guessed you would.



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RE: 8.3% - 8/3/2012 8:31:42 AM   
Sanity


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Okay, regarding your other question, I think you may have stumbled over a brilliant plan. Just have the government hire everyone and pay them eight million dollars an hour minimum wage and that should solve all the worlds problems

We wouldnt even have to do anything but live a lavish lifestyle suckling off the plump rich government teat

quote:

ORIGINAL: Lucylastic


Keep the spin...I notice you ignored the question... I guessed you would.





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RE: 8.3% - 8/3/2012 8:40:33 AM   
Lucylastic


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Status: offline 		taking the piss is all you have...booyah!
If you think that is a response to what I asked, wrong again....thats trying to justify a position, without responding to the actual question.

July's hiring was the best since February. Still, the economy has added an average of 151,000 jobs a month this year – enough to keep up with population growth but not enough to drive down the unemployment rate.
From the Hamilton Project....http://www.hamiltonproject.org/papers/a_record_decline_in_government_jobs_implications_for_todays_economy_an/

A notable aspect of the July employment report is the decline in public-sector employment. In fact, public-sector employment (i.e. federal, state, and local government jobs) declined in 10 of the past 12 months, in sharp contrast to 29 consecutive months of private-sector job growth. Indeed, falling public employment has been among the largest contributors to unemployment in the United States since the end of the Great Recession.
Additionally, we report on the results of a new analysis that finds that the cuts in public school teachers are projected to reduce the future earnings of today’s students by more than five times as much as the current budget savings.

We also continue to explore the nation’s “jobs gap,” or the number of jobs that the U.S. economy needs to create in order to return to pre-recession employment levels.


Total government (i.e., the sum of state, local, and federal) employment has decreased by over 580,000 jobs since the end of the recession, the largest decrease in any sector since the recovery began in July 2009. State and local governments, faced with tough choices imposed by the confluence of balanced-budget requirements, falling tax revenues, and greater demand for public services, have been forced to lay off teachers, police officers, and other workers.

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RE: 8.3% - 8/3/2012 8:45:05 AM   
Lucylastic


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quote:

ORIGINAL: Lucylastic

taking the piss is all you have...booyah!
If you think that is a response to what I asked, wrong again....thats trying to justify a position, without responding to the actual question.

July's hiring was the best since February. Still, the economy has added an average of 151,000 jobs a month this year – enough to keep up with population growth but not enough to drive down the unemployment rate.
From the Hamilton Project....http://www.hamiltonproject.org/papers/a_record_decline_in_government_jobs_implications_for_todays_economy_an/

A notable aspect of the July employment report is the decline in public-sector employment. In fact, public-sector employment (i.e. federal, state, and local government jobs) declined in 10 of the past 12 months, in sharp contrast to 29 consecutive months of private-sector job growth. Indeed, falling public employment has been among the largest contributors to unemployment in the United States since the end of the Great Recession.
Additionally, we report on the results of a new analysis that finds that the cuts in public school teachers are projected to reduce the future earnings of today’s students by more than five times as much as the current budget savings.

We also continue to explore the nation’s “jobs gap,” or the number of jobs that the U.S. economy needs to create in order to return to pre-recession employment levels.


Total government (i.e., the sum of state, local, and federal) employment has decreased by over 580,000 jobs since the end of the recession, the largest decrease in any sector since the recovery began in July 2009. State and local governments, faced with tough choices imposed by the confluence of balanced-budget requirements, falling tax revenues, and greater demand for public services, have been forced to lay off teachers, police officers, and other workers.






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RE: 8.3% - 8/3/2012 9:29:03 AM   
RacerJim


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quote:

ORIGINAL: Sanity


Obama on the economy: 'We tried our plan - and it worked"

Headlines on Drudge this morning:


8.3%

41 straight months above 8%...
'Longest stretch on record'...
163,000 NONFARM JOBS ADDED...
150,000 Drop From Workforce...

'Real' Unemployment Rate Even More Troubling...

POLL: Obama Job Approval Slips to 44%; Matches 2012 Low... Developing...

Is Obama admitting that he is sabotaging the economy here, or is he just stupid?

For the record, I think he is just stupid.

Obama would never admit that he is sabotaging the econmy, he is not at all stupid!

For the record, based whom he himself said he sought out and associated with during his most formative years and whom he has surrounded himself with ever since he was elected, I believe he is inherantly anti-Capitalism and pro-Communism/Marxism/Socialism.

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RE: 8.3% - 8/3/2012 9:39:35 AM   
thompsonx


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quote:

I believe he is inherantly anti-Capitalism and pro-Communism/Marxism/Socialism.

Do you know what any of those words mean?
Can you define capitalism?

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RE: 8.3% - 8/3/2012 9:40:33 AM   
Sanity


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What "end" to the "great recession"

Are your unnamed sources claiming that everything is fine now that we have a D beside our presidents name

Read the thread header again for a reality check

Re your "brilliant" idea I was being sarcastic, in reality there is no plump rich government teat

That government teat is attached to a dried up old dead corpse

We are beyond broke, we are in fact trillions and trillions in debt

Your solution is to beat a dead horse even harder

Governments are cutting back because the alternative is bankruptcy. In some cases they've GONE bankrupt. Shaking down taxpayers only compounds the problems

Because entrenched government bureaucracies are so hopelessly inefficient only the private sector actually adds to the economy and leaching more And more from taxpayers is counterproductive

The president says what he is doing is working but he refuses to take questions, and reasonable people have questions regarding that assertion

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RE: 8.3% - 8/3/2012 9:50:55 AM   
Owner59


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President Obama

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RE: 8.3% - 8/3/2012 10:02:11 AM   
Lucylastic


Posts: 40310
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quote:

ORIGINAL: Sanity


What "end" to the "great recession" The National Bureau of Economic Research says the recession ended in June 2009.

Are your unnamed sources claiming that everything is fine now that we have a D beside our presidents name
My unamed source is the "named" Hamilton project, if you actually read it, I even gave you a link to the actual entire article. And try another straw man, that was never mentioned in any capacity

Read the thread header again for a reality check The reality is the jobs added were 63,000 over expectation. NOT under. The fact that the unemployment percentage is up, is why I questioned your drudge sludge regarding government sector job losses

Re your "brilliant" idea I was being sarcastic, in reality there is no plump rich government teat I didnt mention an idea, I asked questions, then I gave an article, please show me WHERE the idea or solution was mentioned.

That government teat is attached to a dried up old dead corpse

We are beyond broke, we are in fact trillions and trillions in debt

Your solution is to beat a dead horse even harder
I never stated a solution, try again.






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RE: 8.3% - 8/3/2012 11:41:14 AM   
Sanity


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This is really simple Lucy

Ask yourself - if crippling levels of taxation, and practically limitless government spending (and government hiring etc) are so good for an economy, why has the Peoples Republic of California found itself in a sinkhole of epic proportions

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RE: 8.3% - 8/3/2012 11:44:15 AM   
mnottertail


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Status: offline 		And asking ourselves that, Obama started dumping useless government, even while the right continues to borrow and spend at historic levels.

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