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| Name: |
water_watcher
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| Subject: |
where is Archie & Jellyfish on the jobs report?
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Date:
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4/9/2012 6:26:47 AM
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With unemployment dropping to 8.2% after 167,000 more people stopped looking for work and a dismal 100,000 jobs created. Where is archie and jellyfish talking about the great recovery?
Just think, if we continue the trend of people stop looking for work, the unemployment rate may get down to the level when Oblamer took office.
The news is already coming out that the decent jobs reports we had were due to the mild winter and now we are not getting the normal spring jump.
So with all the money Oblamer has spent, the deficits he has run up ... he will leave office with less jobs than when he was elected. Wow!!!! But somehow his fuzzy math talks about all the jobs he created? What a piece of work.
Everything is someone else's fault ... I would have more respect for the guy if he could take responsibility for anything. Gas at $4 ... someone elses fault, not his failed policies, GSA spending $900,000 on a meeting in Las Vegas under his watch, but somehow he comes out and says that was Bush's fault because he did not stop the meetings when he was in office. Are you kidding me.
Sadly, we are heading back in recession. Europe is on the brink of collapse, the euro is about ready to fail. Obama will not stop Iran from getting nukes.
Lets get 4 more years of this disaster. NOT !!!!
Oh ... Happy Easter and congrats to Bubba on the Masters win.
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| Name: |
architect
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| Subject: |
I'm right here WW
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Date:
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4/9/2012 9:21:00 AM
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As I've said before...one month does not make a trend. In the last 4 months well over 800,000 people have started collecting pay checks...that makes a trend! Two and a half years ago a report with over 100,000 new jobs would have been a positive surprise rather than a negative one. Even this report will probably surprise pleasantly a month from now when it is revised sharply upward based on more complete information just as every monthly claim for over 2 years has been. Remember that terrible (well, it was good to you extreme rightest) last July when not a single new job was reported? That report was adjusted up to 57,000 a month later and up again to 87,000 a month after that. If this most recent report is adjusted higher by 50,000 to 75,000 by mid summer I will espect and welcome your acknowledgement of the fact.
Also, WW, after the good job's reports in recent months, some of your cohorts (maybe even you) suggested along with some right wing talkers that Obama was "cooking the books". Gee, wonder why he suddenly left the kitchen in March. I further wonder why all you Government haters and Obama haters and private market lovers put so much stock in the adjusted "Government" report but never comment on the "private" market report which releases it's unadjusted raw jobs report a few days earlier. For last month it was a higher than expected, approx 200,000. Now I haven,t gone back to check but I believe that private estimate last July was very close to what the government report was finalized at a couple of months later. I guess you are right...the private sector always does a better job...with convenient exceptions of course.
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| Name: |
water_watcher
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| Subject: |
I'm right here WW
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Date:
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4/9/2012 11:19:58 AM
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The only cooking is "bragging" about unemployment going down, when the ONLY way it did was because people are giving up looking after the 99 weeks ran out. Very sad isn't it that we have a president that wants to take credit for suck misery, when his policies clearly have failed.
let me remind you that he said pass the $800 billion in stimulus and unemployment will not go over 8% ... now after 3.5 years we have not been below 8% ... how can you say that is anything but a failure?
Finally, let me remind you ... that he has NOT created any new jobs under his presidency ... it will be the 1st time in history, that there will be less people employed in the US than when he took office ... so talk jobs report, talk unemployment ... but that is the FACT!
It is so funny how you try to spin his failure as a president in to good news. We can only wish for real leadership and giving back the country to the people come November and getting this dictator socialist out of office.
I have said before, we will be in a recession come November. The numbers do not add up and while I hope I am wrong, Unfortunately I think I will be right. !!!
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| Name: |
water_watcher
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| Subject: |
one other thing
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Date:
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4/9/2012 11:24:45 AM
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Oblamer talks about not going back to the failed policies of the past ... what exactly do you think he is talking about?
Gas prices under $2
Lower taxes?
Below 5% unemployment
Lower deficit spending?
Stronger US dollar?
Higher home prices?
Pride in our country?
Admired by other countries
More personal freedoms
States having more control?
Capitalism?
Tell me ... what do you think Oblamer is talking about?
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| Name: |
architect
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| Subject: |
I'm right here WW
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Date:
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4/10/2012 8:31:57 AM
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Just a few comments to interrupt my well deserved vacation...I know none of what either of us say is relavent but so what.....
Many right wing politicians and talkers have implied Obama cooked the books...I'll bet that "possibility" even crossed your mind
Obama did not the "promise" that the rate would be held below 8% if the stimulus was approved...An economic advisor said she feared the rate could go to 8% without the stimulus. She made this statement well before the stimulus was approved and before anyone realized the downturn was as bad as it turned out. I know you don't like it WW but the monthly job losses began to reverse after the stimulus began had a brief relapse into less positive territory as the stimulus programs began to run it's course about a year ago.
I guess you do not remember your history and the name Herbert Hoover. Unless there is a complete reversal of the current trends, by the time Obama begins his 2d term the new jobs (note, I don't claim he "creates" them...I know only Repubs can do that) will have more than replaced those lost under his watch. Those lost during Obama's admin and the last 12 months of W's 2d term will still exceed the new hires. It will be well into Obama's 2d term before that landmark is reached.
We are all entitled to our own opinions and we are fortunate live in a nation where we can freely express them...but even in the USA we are not entitled to our own facts.
Now my "opinion" is that the stimulus was a disappointment but far from a complete failure. I doubt it, but we may go back into recession, but if we do it will be inspite of whatever politicians including Obama do and because of the free market forces which you claim to love. THe recovery is more likely to plod along at a disapointing pace until the housing market finally hits bottom (it is almost there...sales and pricings have turned round her on the Florida panhandle where I am) and as consumer spending turns up because things are starting to wear out and have to be replaced rather than any actual big bump in consumer confidence. The GOP gloom/doom/swoon and scare campaign will make sure the nations confidence doesn't show a big uptick!
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| Name: |
water_watcher
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| Subject: |
I'm right here WW
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Date:
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4/10/2012 10:00:48 AM
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I will give you that the stimulus had a short term positive impact ... why wouldn't it. Pumping $800 billion borrowed dollars in to the economy has to have some stimulative impact ... but at what cost? And was it directed to the right places ... I would say no ... even Oblamer said it was not put to the right places ("I guess those shovel ready projects were not as shovel ready as we thought ... chuckle, chuckle").
The biggest difference in our thinking is if government has the responsibility to create jobs or if the private sector does. I believe the government should create incentives for the private sector to create jobs through policy. But you can not be crying for more regulation, higher taxes, bashing business, etc, etc and then the government go on a spending spree printing money and ask why businesses are not hiring?
It really comes down to if you believe in capitalism or socialism ... one has the private sector in charge with the power and the other has the government with all the power. One has proven to work and one has not.
I will give you an example, My primary home is still atlanta, they want to pass an additional 1 cent sales tax that is suppose to raise $8.2 billion a year that will be used for more road construction and rail improvements to reduce the traffic nightmare ... they are assuming people will spend the same ... but when you take $8.2 billion out of peoples pockets, do you think that will be good for business or bad? It seems to me that someone does the mat and says we can raise taxes and look at the additional revenue. It does not work that way.
Now you answer what Obama means when he refers to the failed policies of the past ... like he has all the answers and everyone but him is wrong. It sure sounds like he is saying capitalism does not work ... I hope he gets called on it and is honest for once in his life and we can see if people are on board with his vision.
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