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  1. #51
    stop the bullshit rareboy's Avatar
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by T-Rexx View Post
    ^ So, your idea is that unemployment is correcting too slowly, so we should return to the economic policies that caused it in the first place. You would prefer policies of proven failure to policies that are known to succeed because the success is too slow for you.

    You believe that FDR should have gone back to Hoover's plan in 1936, and the depression would have ended sooner.

    Driving off the cliff was actually a great idea. We just haven't done it often enough to appreciate its virtues.

    Quoted for truth.

    Why any sane person would put their faith in Romney and the GOP to steer the economy back to some semblance of health and not see that for Romney Co., this just represents the last good chance to scorch the earth in shifting as much of America's wealth to the smallest number of people....is utterly and totally beyond me.

    The funniest thing around the world is to hear Americans use the price of gas in the tank as the indicator as to whether their president is doing a good job. It illustrates a depth and breadth of ignorance about how the global petro-chemical industry works and how the market is manipulated and massaged every hour of every day. The idea that Obama sets the price for regular at your pumps first thing each morning is ridiculous, but millions of Americans seem to be led to think that this is so and that all you have to do is keep drilling or piping.

    News alert. It is all about refining capacity in North America. And the oil companies use every opportunity to manipulate the price of fuel based on production capacity. Republicans have to stop whining about the price of gas. It is just untrammelled private enterprise at work.

  2. #52
    Banned chance1's Avatar
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    8% is a "symbol" or a "hammer" for the repubs to use

    it's all about perceptions - and they're talking about it right now on MTP
    Chuck Todd - Newt Gingrich - Robert Gibbs - Mike Murphy
    really good convo

    do indies (the only people who matter now) want to "change the course" ?

    Gibbs has admitted (kudos to him) - "it's not where we want the economy to be" - but it's progress - 31 consec. mos. of private sector job growth

    Gingrich mentioned that the IMF said recovery won't be until 2018 ........ yikes

    Todd said out in the swing states he met an older woman who said "things are not good ........ but do I really want to start over?"

    Mike Murphy mentioned Biden's admission that the middle class has been "buried" the past 4 years - true enough and perhaps the real story

    great roundtable and gregory is doing a good job of being balanced

  3. #53
    Ijubbinatti BostonPirate's Avatar
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Obama Didn't cook the numbers.

    Every president enjoys an up tick in unemployment numbers this time of year due to holiday hiring.

    This is the real deal.

    Will it matter? Gallup is reporting a poll that has Obama 50 Romney 45. The importance of this one is that it was done from Oct 1-7. The poll that puts Romney ahead was done Oct 1 -4. The Unemployment numbers have already cut the Romney bounce short.

    So it matters, it's real, and it's a big problem for Ryan to face with Biden, and trust me, Biden will not give Ryan a free ride on Thursday.

    The GOP is in cafeteria style reality again.
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  4. #54

    Re: First Thoughts: Unemployment rate dips below 8 percent

    It is not a question of whether Obama cooked the numbers, but whether his supporters and donors at SLB did. The circumstantial evidence is that they did.

  5. #55
    Ijubbinatti BostonPirate's Avatar
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    This ought to be a discussion about whether the rates are going to affect the polls positively, and whether they are going to affect the national economy positively.

    To question and participate in the discussion of their validity is a Romney campaign event, not factual. A decent debate ought to exclude that kind of bottom feeding.

    Romney's people on this board want desperately to deny and lie, but it won't pass the muster.
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  6. #56
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by chance1 View Post
    I guess it's good news

    Not sure how 114k added jobs reduces the UE rate by .3%

    And they've restated prior month figures

    I admit to not being all that on these numbers

    Not sure how many people have left the hunt for a job

    After a few months of not so good news this appears to be a positive
    Basically it was using the rosiest colored glasses possible. A lot of seasonal adjustment and assumptions. Not cooked deliberately by the Obama administration but as timely good news it was a godsend after the self inflicted Obama debate disaster. Let's see what all the economic indicators say over the next month.... then we will have a clear idea going into the election if there's a something good ver the herizon or more lonely ocean as far as the eye can see.
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  7. #57
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    There is none, Giancarlo.

    It would have been presented by now if it existed
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  8. #58

    Re: First Thoughts: Unemployment rate dips below 8 percent

    ^^

    You two are totally ignoring the people who have given up looking for work. The charts you posted do not present that fact.

    We are in a very different situation regarding the unemployed. People have given up -- they get no unemployment, if they own a house or have savings -- they get no other government assistance unless they lie.

    But thank goodness you have your charts.

    .... and Obama has no plan other than taxing rich people.

  9. #59
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by Jack Springer View Post
    ^^

    You two are totally ignoring the people who have given up looking for work. The charts you posted do not present that fact.

    We are in a very different situation regarding the unemployed. People have given up -- they get no unemployment, if they own a house or have savings -- they get no other government assistance unless they lie.

    But thank goodness you have your charts.

    .... and Obama has no plan other than taxing rich people.
    No I am not. This is my business buddy, and that number dropped with this quarter as well. You are in Republican spin territory, and not in actual fact territory. There is a big difference between a real discussion of facts among friends and just spreading political nonsense.

    You are talking about the U-6 rate, and it is dropping as well.

    U-3 is the standard model that people are discussing. To change the u-6 rate, you have to alter the Work force training level, the part time work level, and the Level of education versus jobs.

    BTW? Romney's number is WAY off.
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  10. #60
    Porn Star ReadyWithReadyWit's Avatar
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Ben and Jack... I realize this may seem off-topic... but how old is the Earth?

  11. #61
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Romney has no understanding of economics... well either that or he is counting on his followers to not know the truth.
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    We're gonna sit down and have ourselves a drink! And after we're done - after *I'm* done, you can run upstairs and take whichever one of them little pills makes you feel the best~Dolores Claiborne

  12. #62
    Banned chance1's Avatar
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by BostonPirate View Post
    Romney has no understanding of economics... well either that or he is counting on his followers to not know the truth.
    Last week in front of 67 million viewers, Romney gave Obama an economics LESSON

    he SCHOOLED him

    the Pres. was speechless (imagine that)

    so if Romney has "no understanding of economics" what does that make the President?

    LOL

    btw the Pres. and his team took the day off from calling Mitt a liar today

    instead they did an ad with Big Bird in it ......... and then found out that The Sesame Workshop wants them to take it down

    what a bunch of tools

  13. #63
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Romney lied his way through a debate.

    There was no schooling. Sorry to rain on your little parade there, champ.
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    We're gonna sit down and have ourselves a drink! And after we're done - after *I'm* done, you can run upstairs and take whichever one of them little pills makes you feel the best~Dolores Claiborne

  14. #64
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by BostonPirate View Post
    Romney lied his way through a debate.

    There was no schooling. Sorry to rain on your little parade there, champ.
    well the 67% of those polled didn't think so - they agreed with me
    the 20% agreed with you

    i'm dry as a bone - how bout u?

  15. #65
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Obama fucked up. I'm not in love with Romney but he gets NO quarter here. Every nasty thing written by his detractors....I don't really agree with Romney on all the issues and I did rip him here on his absolutely wrongheaded 47% statement. Yet he is considered the vilest of people ,probably sociopathic, ALWAYS lies and it's cartoonish and pathetic. It's going to be interesting when they have the foreign policy oriented debate how small Obama is going to look there... yes,he got bin Laden....then after saying we don't spike the football and gloat, to ramp up his foreign policy bona fides they do the whole bin Laden thing and not only spike the football but moonwalk and do a shimmy on the end zone. There's no dialogue here, little introspection on the left for sure.... no graciousness, no good will towards anyone other than their favored ones. The day after Election Day might be a VERY interesting day around the country and here in particular. Mighty interesting, indeed.
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  16. #66
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Yeah, Romney will look mighty big when it comes to foreign politics. All his knowledge and elegance will shine.
    That we are capable only of being what we are, remains our unforgivable sin.
    - Gene Wolfe

  17. #67
    JUB Addict T-Rexx's Avatar
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Back to unemployment.

    I was surprised to discover recently that Obama has created more jobs (on a percentage basis) during his first (almost) four years than GWB did during his first four years. In fact, Obama has created about twice as great a percentage increase in jobs as did GWB during his first term. This is despite Bush's vaunted tax cuts, which were supposed to create so many jobs. The tax cuts didn't. In fact, GWB had the worst jobs performance during his first four years of any president since the Great Depression. And that includes Obama.

    During his second term, Bush suffered a huge net loss of jobs, which more than wiped out the historically tiny performance of his first administration. That means that, despite the Bush tax cuts, GWB suffered the greatest known loss of jobs over the course of his term in office of any president since Herbert Hoover.

    Obama's jobs creation performance has been reasonably good, from a historical perspective. Considering the circumstances he inherited, Obama's jobs creation has been remarkable!

    Now, Romney says he's going to create jobs the same way GWB lost them - with tax cuts.



    http://en.wikipedia.org/wiki/Jobs_cr...idential_terms

  18. #68

    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by T-Rexx View Post
    Back to unemployment.

    I was surprised to discover recently that Obama has created more jobs (on a percentage basis) during his first (almost) four years than GWB did during his first four years. In fact, Obama has created about twice as great a percentage increase in jobs as did GWB during his first term. This is despite Bush's vaunted tax cuts, which were supposed to create so many jobs. The tax cuts didn't. In fact, GWB had the worst jobs performance during his first four years of any president since the Great Depression. And that includes Obama.

    During his second term, Bush suffered a huge net loss of jobs, which more than wiped out the historically tiny performance of his first administration. That means that, despite the Bush tax cuts, GWB suffered the greatest known loss of jobs over the course of his term in office of any president since Herbert Hoover.

    Obama's jobs creation performance has been reasonably good, from a historical perspective. Considering the circumstances he inherited, Obama's jobs creation has been remarkable!

    Now, Romney says he's going to create jobs the same way GWB lost them - with tax cuts.



    http://en.wikipedia.org/wiki/Jobs_cr...idential_terms
    Obama did not create jobs, but during his Administration, some of the jobs lost in the first two years of the Democrat Congress 2007 and 8, came back. Obviously, the reason for the big rise during Obama was made possible by the drop in the prior two years. He was starting from a lower point. Before you give him credit, remember, he brought in a million immigrants a year to take the jobs and gave green cards to 3 million so they could take jobs from Americans. We are not making progress, like a rat on a treadmill.

  19. #69
    Suck my dick, Scalia! FuryOfFirestorm's Avatar
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by Benvolio View Post
    Obama did not create jobs, but during his Administration, some of the jobs lost in the first two years of the Democrat Congress 2007 and 8, came back. Obviously, the reason for the big rise during Obama was made possible by the drop in the prior two years. He was starting from a lower point. Before you give him credit, remember, he brought in a million immigrants a year to take the jobs and gave green cards to 3 million so they could take jobs from Americans. We are not making progress, like a rat on a treadmill.
    Looks like Benny is blaming immigrants without any proof...again. Must be a day that ends in "y".

  20. #70
    stop the bullshit rareboy's Avatar
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    ^ It is all so depressingly repetitive isn't it?

    It is interesting that the Obama haters just a fit to explode with the idea that the unemployment rate is decreasing as the American economy struggles, in spite of a disastrous and destructive legislative branch, to recover from the body blows it took because of the Bush era fuck ups.

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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by Jack Springer View Post

    .... and Obama has no plan other than taxing rich people.
    Number 1 Jack, the rich already pay taxes.
    Number 2 Jack, they dont pay enough.

    What is Romneys plan other than cutting taxes for rich people?

    You live in a warped world sir.

    Woe the day your greed is the end of America.


  22. #72

    Re: First Thoughts: Unemployment rate dips below 8 percent

    Romney has no plan to cut taxes for rich people or anyone else. His plan is to lower rates, while eliminating deductions and cutting expenses.

  23. #73

    Re: First Thoughts: Unemployment rate dips below 8 percent

    You're reacting to Obama campaign's selective interpretation of the Romney plan.

    You attacked me and Romney and still did not list any of the proposals of an Obama plan.

    Can you tell me some of Obama's ideas to increase employment?

    Give me a reason to vote for Obama.


    Quote Originally Posted by evanrick View Post
    Number 1 Jack, the rich already pay taxes.
    Number 2 Jack, they dont pay enough.

    What is Romneys plan other than cutting taxes for rich people?

    You live in a warped world sir.

    Woe the day your greed is the end of America.

  24. #74
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by Jack Springer View Post
    Can you tell me some of Obama's ideas to increase employment?

    Give me a reason to vote for Obama.
    He tried for a bill to help small businesses that would have generated over a million jobs -- Romney's friends killed it.

    He tried for a bill to help veterans, that would have created up to a million jobs -- Romney's friends killed it.

    There have been others, but those are from this year alone!

    I'll add one: Obama proposed legislation to allow foreign students who had certain needed skills and/or who had partnered in starting businesses while here legally to remain here legally, a move that would have generated two or more jobs for each one who stayed -- and Romney's friends killed it. Over five years to could have created two million jobs.

    On just those, Obama favored legislation that would have resulted in the private sector generating four million jobs.

    "Thirty-one* states allow all qualified citizens to carry concealed weapons. In those states, homosexuals should embark on organized efforts to become comfortable with guns, learn to use them safely and carry them. They should set up Pink Pistols task forces, sponsor shooting courses and help homosexuals get licensed to carry. And they should do it in a way that gets as much publicity as possible. "

    --Jonathan Rauch, Salon Magazine, March 13, 2000

    *the number is now forty

  25. #75
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    Re: First Thoughts: Unemployment rate dips below 8 percent

    Quote Originally Posted by GiancarloC View Post
    the republican party is suggesting policies that'll send this economy tail spinning into another recession to its death.
    Fixed it for you.
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