latest jobs report

[Riot]

Originally Posted by joeydb

Isn't it more logical that if Obama's plans were doing any good, that there would have, at some point, been a gradual but steady downward trend in unemployment?

That's what has happened, no? 10.1 down to 7.8?

Obama's gradual downward trend virtually exactly matches Reagans' numbers for his first term in 1984

That's why it is so endless hilarious to me, to see the current right wing go ballistic over stuff that is ... exactly like previous Republican presidents have gone through.

[Riot]

More bad news for Republicans, good news for America

1) BLS just announces Unemployment down to 7.8%

2) CBO just announces last week that Obama budget-tightening is working, federal budget deficit has gone down for the third year in a row.

2009 10.1 % of GDP
2010 9.0 % of GDP
2011 8.7 % of GDP
2012 7.0 % GDP

We want it about 3-4% of GDP, so a ways to go, but it's definitely in right direction. Congrats Obama.

3) Federal spending tightened right down to 1.2 trillion a year (lowest since Reagan) Congrats Obama.

4) Last week another 91 providers were busted for Medicare fraud, to the tune of $430 million in false billings.

That's a total of $882 million in savings from Medicare fraud this year alone, uncovered due to provisions in Obamacare that make it easier to find and prosecute. Dang - congrats Obama, again.

http://www.nytimes.com/2012/10/05/bu...t-91.html?_r=0

It amazes me the lies about finances and economy that float around this presidency, spread by RWNJ. The truth is rather palatable and pleasant. Yeah, and nobody is saying it's perfect - it's definitely headed the right way, and denying that is simply hallucinatory.

[Rudeboyelvis]

Let’s review:

* The 114,000 jobs created in September is below the average created this year, which was 146,000.
* The 114,000 jobs created in September is below the average created last year, which was 153,000.
* The U-6 unemployment number, which reflects the entire labor situation, was basically unchanged at 14.7 percent.
* If labor participation was where Obama had inherited it from George W. Bush, the unemployment rate would be closer to 11 percent.
* Part-time people employment jumped from 582,000 to 8,613,000, the most since October 2011, and the largest one month jump since February 2009. That means the quality of jobs people are finding is dropping.
* And a comparison: During the Ronald Reagan recovery the country average around 275,000 new jobs a month.

Updated:

* A 7.8 percent today ties Bush’s worst unemployment month.
* Although previous job growth revised up by 126,000, job growth in private sector was revised down by 4,000.
* August 2010: 58.5 percent of working age Americans had jobs.
* August 2012: 58.3 percent of working age Americans had jobs.
* 38,000 manufacturing jobs lost since August
* Black unemployment January 2009: 12.6 percent … Sept 2012: 13.4 percent.

If bringing the unemployment rate back to the 7.8 percent (with fewer people working at lousier jobs) is what a stimulus plan, three rounds of quantitative easing and endless spending gets us, this presidency can be safely categorized as one of the worst investments in history.


Your constant drumbeating is ponderous (you may need to look it up).

Nobody is buying it.

[jms62]

Originally Posted by Rudeboyelvis

Let’s review:

* The 114,000 jobs created in September is below the average created this year, which was 146,000.
* The 114,000 jobs created in September is below the average created last year, which was 153,000.
* The U-6 unemployment number, which reflects the entire labor situation, was basically unchanged at 14.7 percent.
* If labor participation was where Obama had inherited it from George W. Bush, the unemployment rate would be closer to 11 percent.
* Part-time people employment jumped from 582,000 to 8,613,000, the most since October 2011, and the largest one month jump since February 2009. That means the quality of jobs people are finding is dropping.
* And a comparison: During the Ronald Reagan recovery the country average around 275,000 new jobs a month.

Updated:

* A 7.8 percent today ties Bush’s worst unemployment month.
* Although previous job growth revised up by 126,000, job growth in private sector was revised down by 4,000.
* August 2010: 58.5 percent of working age Americans had jobs.
* August 2012: 58.3 percent of working age Americans had jobs.
* 38,000 manufacturing jobs lost since August
* Black unemployment January 2009: 12.6 percent … Sept 2012: 13.4 percent.

If bringing the unemployment rate back to the 7.8 percent (with fewer people working at lousier jobs) is what a stimulus plan, three rounds of quantitative easing and endless spending gets us, this presidency can be safely categorized as one of the worst investments in history.


Your constant drumbeating is ponderous (you may need to look it up).

Nobody is buying it.

[bigrun]

Three GOP Rules for the 47%.

There are three rules for the modern workplace:

1. Shut the fuc.k up
2. Get back to work.
3. Bring me the money. NOW, aszhole, I don't got all day.

[dellinger63]

Originally Posted by bigrun

1. Shut the fuc.k up
2. Get back to work.
.

You sure that's not the average Iranian marriage?

[bigrun]

Originally Posted by dellinger63

You sure that's not the average Iranian marriage?

Or most anywhere in middle east..

[Riot]

Originally Posted by Rudeboyelvis

Let’s review:

* The 114,000 jobs created in September is below the average created this year, which was 146,000.
* The 114,000 jobs created in September is below the average created last year, which was 153,000.
* The U-6 unemployment number, which reflects the entire labor situation, was basically unchanged at 14.7 percent.
* If labor participation was where Obama had inherited it from George W. Bush, the unemployment rate would be closer to 11 percent.
* Part-time people employment jumped from 582,000 to 8,613,000, the most since October 2011, and the largest one month jump since February 2009. That means the quality of jobs people are finding is dropping.
* And a comparison: During the Ronald Reagan recovery the country average around 275,000 new jobs a month.

Updated:

* A 7.8 percent today ties Bush’s worst unemployment month.
* Although previous job growth revised up by 126,000, job growth in private sector was revised down by 4,000.
* August 2010: 58.5 percent of working age Americans had jobs.
* August 2012: 58.3 percent of working age Americans had jobs.
* 38,000 manufacturing jobs lost since August
* Black unemployment January 2009: 12.6 percent … Sept 2012: 13.4 percent.

If bringing the unemployment rate back to the 7.8 percent (with fewer people working at lousier jobs) is what a stimulus plan, three rounds of quantitative easing and endless spending gets us, this presidency can be safely categorized as one of the worst investments in history.


Your constant drumbeating is ponderous (you may need to look it up).

Nobody is buying it.

Funny. You bought it during Reagan. With ponderous drumbeating by conservatives.

Geebus effing cripes - nobody is doing an incredible happy dance over 7.8- but compared to 10.1, yeah, it's MUCH BETTER.

Totally hilarious to see the jobs number come down from 10.1 to 7.8 (and yes, everybody knows the ancillary details, Joey, that is not "news", and the constant "yes but" that everybody freakin' knows is just silly) and the RWNJ jumping through hoops to paint it in a bad light.

If you think that the effects of the great recession could be completely reversed and eliminated in 3 years - with zero help from the opposition party, btw - you're one of the people who mistakenly think Obama was elected Jesus, not President. No president could have done better.

The constant attacks and lies are beyond absurd. Shows how hate for Obama is far greater than jobs numbers heading in the right direction. Anger over jobs numbers lowering? That's just ... hate.

Geeshus cripes.

This president has cut federal spending to the bone, gotten completely aggressive exposing and eliminating Medicare fraud, extended it's life 8 years, lower the deficit (not our debt, the deficit) every year he's been in office, and lowered unemployment numbers.

Again - against an opposition party that met the night he was elected and swore they would sabotage him at every turn. Oh, yeah - Paul Ryan was at that meeting. The biggest "no nothing" congress in decades, historical lack of any action to help the USA in our current Republican House. That's beyond disgusting - they need to be kicked out of office. That alone disqualifies Paul Ryan from office in my eyes - that he puts politics above our well-being as taxpayers.

Yes - more is needed. No shi.at!

The constant bullshi.at "sky is falling!" screams about failure just doesn't stand up to reality.

[Honu]

I don't hate him, I just think he is not qualified to do the job. I don't like his policies and I think overall someone else with more experiance would be better.

[Riot]

Originally Posted by Honu

I don't hate him, I just think he is not qualified to do the job. I don't like his policies and I think overall someone else with more experiance would be better.

Name three specific Obama polices you don't like.

Factually, this president has been quite successful in office. His qualification has been proven beyond a doubt. I've lived through quite a few US presidents, and Obama is by far not close to the worse - he close to the best. And yeah - I have voted Republican my entire life. Obama fits very well with moderate Republican values.

Mitt Romney has zero experience - you certainly can't vote for him if "more experience" than successfully being President of the United States is what you are looking for. This morning Romney gave his "major foreign policy speech" and it was a laughable joke of platitudes and empty ridiculousness. Talk about scary for this country and the world! Romney is Sarah Palin with more money.

If John McCain had done what Obama has accomplished, the GOP would be screaming for his head to be on Mt. Rushmore.

[Riot]

General Motors, saved by government socialist bailout tied to the horrible energy policy of requiring the auto manufacturer to double the mileage their cars get by 2025, halving our gasoline prices, and paying back their loans - today announced another massive Obama failure (aside from his saving auto manufacturing in the United States and millions of auto-industry and supply-side jobs):

October 8, 2012 at 3:37 pm
GM to add 2,000 jobs in Michigan
IT center to open in Warren tech campus; other projects in works

General Motors Co. and the state announced Monday that GM will create 2,000 new jobs in Michigan, beginning with up to 1,500 at a new information technology innovation center in Warren.

From The Detroit News: http://www.detroitnews.com/article/2...#ixzz28kcvndZc

These are high-paying information technology jobs requiring skill and college graduation, another failure as Obama clearly has abandoned needy unemployed ditch diggers by favoring crony capitalism for his friends from Chicago. Er, Detroit.

Originally Posted by Honu

I don't hate him, I just think he is not qualified to do the job. I don't like his policies and I think overall someone else with more experiance would be better.

Uhm....what seems to be your primary malfunction here,ma'amski? Do you not know one cannot type in clearspeak and directly to the Demon?

For the Demon mixes lies with lies.



15 days in the penalty bra for you.

[Rudeboyelvis]

Originally Posted by Riot

The constant attacks and lies are beyond absurd. Shows how hate for Obama is far greater than jobs numbers heading in the right direction. Anger over jobs numbers lowering? That's just ... hate.

Typical. Pointing out facts and not drinking the Kool Aid = "constant attacks" and of course.....ya know it's coming..........wait for it............... OMFG RACISM!!!

How many trillions between QE 1,2,3 and the failed stimulus did these 8 million seasonal part time jobs actually cost?

[Riot]

Originally Posted by Rudeboyelvis

Typical. Pointing out facts and not drinking the Kool Aid = "constant attacks" and of course.....ya know it's coming..........wait for it............... OMFG RACISM!!!

How many trillions between QE 1,2,3 and the failed stimulus did these 8 million seasonal part time jobs actually cost?

Well, aside from you taking the argument to a straw man that victimizes you, and ignoring facts - well done

See, objective, reasonable American people are happy the economy is starting to turn around - not angry about it, or trying to discredit it's existence, or lying about it ("the stimulus failed")

Let alone actively working to try and sabotage the turnaround (The Republican Party)

[Antitrust32]

Riot makes me actually want to vote for Romney.

Originally Posted by Honu

I don't hate him, I just think he is not qualified to do the job. I don't like his policies and I think overall someone else with more experiance would be better.

Thought you were referring to Romney here; carry on while I try and keep up!

Wonder how many votes Roseanne Barr is going to cost Barry here in FL.

[Danzig]

Originally Posted by Honu

I don't hate him, I just think he is not qualified to do the job. I don't like his policies and I think overall someone else with more experiance would be better.

are you talking about romney or obama? that critique could refer to either of them.

[Crown@club]

The economy is recovering?
Love to know that I'm looking at a 16% drop this year from 2011 and 2010. This of course after a ugly 2008-2009 that I wish on no one.

But the economy is recovering?

Manufacturers continue to produce product, but no one is buying. Since no one is buying warehouses are being bought up, leased...etc. Still no one is buying. Now Manufacturers are going down to 4 days of work. Why? Because no one is buying.

Yet the economy is recovering? Really?

[Rudeboyelvis]

Originally Posted by Crown@club

The economy is recovering?
Love to know that I'm looking at a 16% drop this year from 2011 and 2010. This of course after a ugly 2008-2009 that I wish on no one.

But the economy is recovering?

Manufacturers continue to produce product, but no one is buying. Since no one is buying warehouses are being bought up, leased...etc. Still no one is buying. Now Manufacturers are going down to 4 days of work. Why? Because no is buying.

Yet the economy is recovering? Really?

Why are you a racist that is so full of hate towards our Glorious Leader??!!!

Why can't you see that giving money away to GM = "saving the Auto Industry"?

We are STILL upside down over 14 BILLION DOLLARS but as Riot would spin it, it's an unmitigated Success!!!

>>>The United States Treasury owns roughly 500 million shares of common stock in General Motors. (Source: U.S. Treasury) The Treasury would need to sell these shares at roughly $53 per share in order to "break even" on the investment. (Source: WSJ) Using Google Finance API, we multiply the current GM stock price by 500,065,254, and subtract that total from $26,503,458,462 (or, 500,065,254 x $53).<<<

And if you have even the slightest hint of criticism on the way this president has pissed away trillions of dollars and the economy it's STILL worse than when he took over, why you are just Full Of Hate!

[Crown@club]

Originally Posted by Rudeboyelvis

Why are you a racist that is so full of hate towards our Glorious Leader??!!!

Why can't you see that giving money away to GM = "saving the Auto Industry"?

We are STILL upside down over 14 BILLION DOLLARS but as Riot would spin it, it's an unmitigated Success!!!

>>>The United States Treasury owns roughly 500 million shares of common stock in General Motors. (Source: U.S. Treasury) The Treasury would need to sell these shares at roughly $53 per share in order to "break even" on the investment. (Source: WSJ) Using Google Finance API, we multiply the current GM stock price by 500,065,254, and subtract that total from $26,503,458,462 (or, 500,065,254 x $53).<<<

And if you have even the slightest hint of criticism on the way this president has pissed away trillions of dollars and the economy it's STILL worse than when he took over, why you are just Full Of Hate!

If you want racism, I'll give you racism

http://newsbusters.org/blogs/matthew...racist-insults