Author Topic: February payroll employment rises (+236,000); unemployment rate edges down (7.7%  (Read 1951 times)

syntaxmachine

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The only good news here -- and it's tepid at best -- is that the U6 value went down for the first time in several months.

Other then that, there is positive data from the housing and construction markets, which traditionally have undergirded major recoveries. Hopefully the trends in those domains continue, slowly mounting a full recovery before the next recession occurs, however far away that is.

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The deficit exploded after Nancy and Harry Reid took over in 2006. 



Right..Bush was all good..

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The deficit exploded after Nancy and Harry Reid took over in 2006. 



so....3333...right now youre gonna tell me that bush wasnt the reason for the deficit...but it was infact because of Nancy and Harry?
So pre 2006 we werent headed for deficit...

is that what youre saying right now?

Soul Crusher

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so....3333...right now youre gonna tell me that bush wasnt the reason for the deficit...but it was infact because of Nancy and Harry?
So pre 2006 we werent headed for deficit...

is that what youre saying right now?

The deficit was under control those years as relation to GDP. 

Under the age of O-Twink we have no growth anf ridiculous spending levels .

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The deficit was under control those years as relation to GDP. 

Under the age of O-Twink we have no growth anf ridiculous spending levels .

So... what youre saying is that, the deficit was fine under bush until Nancy and Harry. And there was no decisions made by Bush that took us from a surplus to a deficit...

Please tell me yes or no...
No dodging or dancing around this question it is very simple.
Did Bush contribute massivley to the budget Or was it Reid and Pelosi?

Soul Crusher

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So... what youre saying is that, the deficit was fine under bush until Nancy and Harry. And there was no decisions made by Bush that took us from a surplus to a deficit...

Please tell me yes or no...
No dodging or dancing around this question it is very simple.
Did Bush contribute massivley to the budget Or was it Reid and Pelosi?

Bush didnt help the situation for sure - but the whells fell off the wagon of this nation in 2006 when Reid / Pelosi took over.   

tonymctones

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Obama only made the economy worse

and The deficit didnt explode under Bush

got cha
You don't read and or don't comprehend

Got cha

Obama has done very little for te economy and that good which he has done has been cancelled out by the massive amount of bad he has done. There is really no way to argue against it mal.

The debt was bad under bush as well, why so liberal always point to bush to defend Obama I thought you guys hated bush?

Obamas policies are job killers mal especially in the long term. If you feel there is a credible argument against that, then by all means lets hear it.

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You don't read and or don't comprehend
Got cha
Obama has done very little for te economy and that good which he has done has been cancelled out by the massive amount of bad he has done. There is really no way to argue against it mal.
The debt was bad under bush as well, why so liberal always point to bush to defend Obama I thought you guys hated bush?
Obamas policies are job killers mal especially in the long term. If you feel there is a credible argument against that, then by all means lets hear it.

Give me an example of how Obamas policies are job killers.

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Bush didnt help the situation for sure - but the whells fell off the wagon of this nation in 2006 when Reid / Pelosi took over.   

Tax cuts
Medicare part D
and wars alone were bush plans that cost us a shit ton


Dont get me wrong. Obama added to the deficit too and with all of these policies we can debate the validity as well as the intent when they were initially rolled out. But ill be damned if im gonna sit here and listen to you spew bull shit like "the deficit was fine under bush until the dems came in 2006" because you and I know that straight up bull shit

Soul Crusher

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Tax cuts
Medicare part D
and wars alone were bush plans that cost us a shit ton


Dont get me wrong. Obama added to the deficit too and with all of these policies we can debate the validity as well as the intent when they were initially rolled out. But ill be damned if im gonna sit here and listen to you spew bull shit like "the deficit was fine under bush until the dems came in 2006" because you and I know that straight up bull shit

The deficit was a fraction under W for almost his entire term until that communist rat CNT Pelosi and Dirty Harry took over. 

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The deficit was a fraction under W for almost his entire term until that communist rat CNT Pelosi and Dirty Harry took over. 

did you factor in the same numbers youre using for the deficit has to include the surplus it came from. I think thats where youre gettig confused

tonymctones

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Give me an example of how Obamas policies are job killers.
Absolutely my friend:

Obamacare raises the costs of business, injects uncertainty on how the law will effect businesses on multiple levels. Dodd frank increased the amount of reserves that banks must keep lowering the amount of money available to loan out by banks. Not approving the key stone pipeline, intentionally dragging their feet on oil well applications. Creating massive amounts of red tape for instance taking an oil drilling application that was 7 page and making it 50+.

Bro even the stimulus which was meant to produce jobs only did so in the short run and at a cost that was outrageous.

Apparently you think his policies have been good for the economy so please do explain.

Soul Crusher

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did you factor in the same numbers youre using for the deficit has to include the surplus it came from. I think thats where youre gettig confused


We never had a surplus.   

Soul Crusher

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Give me an example of how Obamas policies are job killers.

ObamaCare

Dodd Frank

EPA regulations

etc etc etc etc 




Soul Crusher

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Absolutely my friend:

Obamacare raises the costs of business, injects uncertainty on how the law will effect businesses on multiple levels. Dodd frank increased the amount of reserves that banks must keep lowering the amount of money available to loan out by banks. Not approving the key stone pipeline, intentionally dragging their feet on oil well applications. Creating massive amounts of red tape for instance taking an oil drilling application that was 7 page and making it 50+.

Bro even the stimulus which was meant to produce jobs only did so in the short run and at a cost that was outrageous.

Apparently you think his policies have been good for the economy so please do explain.


Bush's fault!   For always, forever, nothing is EVER Obama's fault - EVER.   

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Absolutely my friend:
Obamacare raises the costs of business, injects uncertainty on how the law will effect businesses on multiple levels. Dodd frank increased the amount of reserves that banks must keep lowering the amount of money available to loan out by banks. Not approving the key stone pipeline, intentionally dragging their feet on oil well applications. Creating massive amounts of red tape for instance taking an oil drilling application that was 7 page and making it 50+.
Bro even the stimulus which was meant to produce jobs only did so in the short run and at a cost that was outrageous.
Apparently you think his policies have been good for the economy so please do explain.

No i dont think his policies are good.. so apparently youre wrong. I dont know how Obamacare will affect other businesses but I do know that the Medical  group i work for is an ACO pilot group and its not the gloom and doom that was predicted. No death panels etc.

I think the banks are fucked for not loaning out money. They are investing it.

And yes i think thats Clintons fault for Glass Stegall (sp) act


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Bush's fault!   For always, forever, nothing is EVER Obama's fault - EVER.   

shut up.. grown people talking.. you wanna join.. then contribute something other than retarded sarcasm and dumb ass posts.. Take a page from tony from texas (kind of a cool name).

whork

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I sure hope we get a republican president next time so we can fix all the damage done by Obama ::)


Soul Crusher

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I sure hope we get a republican president next time so we can fix all the damage done by Obama ::)



Wasnt that the justification for electing O-Twink in 2008? 

whork

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Absolutely my friend:

Obamacare raises the costs of business, injects uncertainty on how the law will effect businesses on multiple levels. Dodd frank increased the amount of reserves that banks must keep lowering the amount of money available to loan out by banks. Not approving the key stone pipeline, intentionally dragging their feet on oil well applications. Creating massive amounts of red tape for instance taking an oil drilling application that was 7 page and making it 50+.

Bro even the stimulus which was meant to produce jobs only did so in the short run and at a cost that was outrageous.

Apparently you think his policies have been good for the economy so please do explain.

Isnt the purpose of Dodd Frank to make sure the banks are healthy and have less chance of failing so they dont need to be helped by the taxpayers?

tonymctones

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Isnt the purpose of Dodd Frank to make sure the banks are healthy and have less chance of failing so they dont need to be helped by the taxpayers?
hahahha and how is it supposed to do that?

whork

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hahahha and how is it supposed to do that?

If the banks have more cash on the base-line they will have less chance of becoming unstable or crash/bancrupt.

Just a thought.

tonymctones

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If the banks have more cash on the base-line they will have less chance of becoming unstable or crash/bancrupt.

Just a thought.
not an illogical thought an ingnorant one but not illogical. The issue you have is that its a banks business to have less money on hand than they have on deposit....THATS HOW THEY MAKE THEIR MONEY!!!!!!

Also if you restrict the amount of money they are able to lend it dries up the amount of money businesses can borrow to grow. Businesses need capital for equipment, labor, materials etc. to take on projects that produce income. If the banks arent lending b/c they have to keep more or b/c they feel that the current business landscape is not favorable to business due to many things including legislation they will not lend!!!!

If even they can figure out what their costs will be in the next few years due to obamacare. Do you think their tolerance risk will be higher or lower on lending money to businesses who are effected by the same thing?

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not an illogical thought an ingnorant one but not illogical. The issue you have is that its a banks business to have less money on hand than they have on deposit....THATS HOW THEY MAKE THEIR MONEY!!!!!!

Also if you restrict the amount of money they are able to lend it dries up the amount of money businesses can borrow to grow. Businesses need capital for equipment, labor, materials etc. to take on projects that produce income. If the banks arent lending b/c they have to keep more or b/c they feel that the current business landscape is not favorable to business due to many things including legislation they will not lend!!!!

If even they can figure out what their costs will be in the next few years due to obamacare. Do you think their tolerance risk will be higher or lower on lending money to businesses who are effected by the same thing?

You're hitting on the second problem with the Fed's actions, with Zero % rates and rates for loans plumbing new lows why would banks want to loan anyone any money if they don't see a return on it? The banks are going to to horde the printed money, liquidity and throw it into the Wall St. Casino/Oil etc to actually see a return.

People and the government were raising holy hell over banks taking the govt. cash and not loaning it out....what other choice did they have? They were given no other choice.


whork

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not an illogical thought an ingnorant one but not illogical. The issue you have is that its a banks business to have less money on hand than they have on deposit....THATS HOW THEY MAKE THEIR MONEY!!!!!!

Also if you restrict the amount of money they are able to lend it dries up the amount of money businesses can borrow to grow. Businesses need capital for equipment, labor, materials etc. to take on projects that produce income. If the banks arent lending b/c they have to keep more or b/c they feel that the current business landscape is not favorable to business due to many things including legislation they will not lend!!!!

If even they can figure out what their costs will be in the next few years due to obamacare. Do you think their tolerance risk will be higher or lower on lending money to businesses who are effected by the same thing?

They make there money loaning out money they dont have. Its a mad world haha.
Good post though.