OBAMA'S ASS-KICKING OF 3333 CONTINUES...unemployment at 2.5 yr low 8.6%

[240 is Back]

HA!

the more you think about it, the more it makes sense.  It's what, 300k less people in the job force?  We've had a few hundred to a few thousand in many american cities.

Tell me the OWS mess isn't benefitting obama!  LOL

Either way, swing voters are NOT going to analyze the numbers.  Obama will say "Look, it was 7.7% when I inherited it, and we're at 7.3% today - And I'm not done yet!"

Some garbage like that.  It'll work.  GOP really wants to rub that UE number in obama's face.

He can cheat - power of the incumbency.  Maybe you guys have heard of it?

[andreisdaman]

College graduate, drone. With a 4.0 economics minor, too, so I think my prior statement is accurate.

even though you are a dick even I have to admit thats impressive.....good job

[andreisdaman]

the more you think about it, the more it makes sense.  It's what, 300k less people in the job force?  We've had a few hundred to a few thousand in many american cities.

Tell me the OWS mess isn't benefitting obama!  LOL

Either way, swing voters are NOT going to analyze the numbers.  Obama will say "Look, it was 7.7% when I inherited it, and we're at 7.3% today - And I'm not done yet!"

Some garbage like that.  It'll work.  GOP really wants to rub that UE number in obama's face.

He can cheat - power of the incumbency.  Maybe you guys have heard of it?

agreed.....if Obama can get it to where it was when Bush was president or a little below, he's in the driver's seat and can claim he did it on his own without Republican help

All Romney will be able to do in the debates is stand there with his dick in his hand

[Soul Crusher]

even though you are a dick even I have to admit thats impressive.....good job

Andre - I'm not kidding - you need help.  I can reccommend some books for you on economics to get you somewhat up to speed.  

You are delusional beyond anything you know.  


You are the 95%  

[andreisdaman]

Andre - I'm not kidding - you need help.  I can reccommend some books for you on economics to get you somewhat up to speed.  

You are delusional beyond anything you know.  


You are the 95%  

I'm just quoting the hard statistics...thats all...and thats all the public will look at...they don't understand the other stuff and frankly don't care

[Soul Crusher]

agreed.....if Obama can get it to where it was when Bush was president or a little below, he's in the driver's seat and can claim he did it on his own without Republican help

All Romney will be able to do in the debates is stand there with his dick in his hand

That is hysterical coming from you obama toilet paper wipes considering you blame the GOP for not allowing him to get anything done.  

Did it ever occur to you that what business wants most is for him to be locked down entirely and to go away?



BTW - I thought you said the president has no control over the economy?   I guess that is only when things go bad?   But when it goes well, which it is not, then you claim he is the cause of it?    Is that what you believe.  

[andreisdaman]

That is hysterical coming from you obama toilet paper wipes considering you blame the GOP for not allowing him to get anything done.  

Did it ever occur to you that what business wants most is for him to be locked down entirely and to go away?



BTW - I thought you said the president has no control over the economy?   I guess that is only when things go bad?   But when it goes well, which it is not, then you claim he is the cause of it?    Is that what you believe.  

I still believe that the POTUS has hardly any control over the economy.......but I give him props just as you guys tear him down when things go south

[Soul Crusher]

I still believe that the POTUS has hardly any control over the economy.......but I give him props just as you guys tear him down when things go south

Should he get props for the 315k who did not find jobs and dropped off the rolls? 

[andreisdaman]

Should he get props for the 315k who did not find jobs and dropped off the rolls? 

I put that same question to you in an inverted way...should he get torn apart because 315 K people can't find work?..is that directly his fault???

[Soul Crusher]

I put that same question to you in an inverted way...should he get torn apart because 315 K people can't find work?..is that directly his fault???

Y E S ! ! ! !    He is the most anti-business, economically incompetent and corrupt, POTUS we have ever had.   Let this chart sink in. 

[andreisdaman]

Y E S ! ! ! !    He is the most anti-business, economically incompetent and corrupt, POTUS we have ever had.   Let this chart sink in. 

Dude...Recessions hit every 20-25 years regardless of who is president..under Reagan  it was over 10% at one time

[Soul Crusher]

Dude...Recessions hit every 20-25 years regardless of who is president..under Reagan  it was over 10% at one time

Look at the chart fool.    Do you not realize what you are looking at? 

[andreisdaman]

Look at the chart fool.    Do you not realize what you are looking at? 

idiot.....times have changed..we are in a global economy now....the entire world is in recession.....and we are no longer an island...everything that goes on in the world now affects us...with the EU recession and their banking system on the brink of collapse, china kicking our ass, manufacturing base in our country destroyed, recessions are going to last longer and be more crippling

[Soul Crusher]

idiot.....times have changed..we are in a global economy now....the entire world is in recession.....and we are no longer an island...everything that goes on in the world now affects us...with the EU recession and their banking system on the brink of collapse, china kicking our ass, manufacturing base in our country destroyed, recessions are going to last longer and be more crippling

Why would any company make anything in this country right now with obama as potus? 

[tonymctones]

The reason china is kicking our ass and our manufacturing base is destroyed is b/c of political legislation.

Political legislation primarily pushed by the left with obama being a prime example

you know we have the highest corporate tax rate in the western world?

how do you think obama's plans are going to help rectify the situations you listed?

[tonymctones]

Andre you do know stats are easily manipulated right?

[andreisdaman]

The reason china is kicking our ass and our manufacturing base is destroyed is b/c of political legislation.

Political legislation primarily pushed by the left with obama being a prime example

you know we have the highest corporate tax rate in the western world?

how do you think obama's plans are going to help rectify the situations you listed?

yes good point but the Republicans as well with their free enterprise and free market policies have been on board with this as well....they favored NAFTA just like the Democrats and free trade with China which has resulted in highly unfair trade practices by the Chinese and massive deficits with them in terms of trade...

Obama has been the only president to vocally speak out against this which has irritated the Chinese....We may have the highest corporate tax rate, but its way, way down from what it used to be.....and many big corporations are paying no taxes....

the Republicans have engaged in a practice all over the U.S. of purposely defunding the government and depriving it of tax revenue through reckless tax cuts and tax breaks for the wealthy..they do this hoping to starve the government of funds so that the gov't will cut spending...but the spending cuts never come and the Republicans themselves spend a lot as well....then borrow to cover the difference..at least the Democrats want to pay (with taxes) as we go...

Rectifying the situation is tough because other nations can manufacture things much more cheaply than we can....pay people in India, China, Indonesia, etc $2.00 or less an hour?...or pay an American worker $12.00 or more an hour?..if you were a business man what would u do?

[andreisdaman]

Andre you do know stats are easily manipulated right?

Agreed that stats can be manipulated, but I am using the same stats from the same source that the U.S. has used since the dawn of time.....the official stats from the Dept of Labor....why are these same stats always accepted without question when they make Obama look bad, yet when they show a brighter picture they are discounted as not showing the true picture and subject to manipulation???

[Soul Crusher]

Labor costs are not the only factor.   

[Soul Crusher]

Agreed that stats can be manipulated, but I am using the same stats from the same source that the U.S. has used since the dawn of time.....the official stats from the Dept of Labor....why are these same stats always accepted without question when they make Obama look bad, yet when they show a brighter picture they are discounted as not showing the true picture and subject to manipulation???

Lmfao!   Show him better? 

[howardroark]

there ya go calling names again....anyway, you act as if Obama gave out the stats himself...these are Labor Dept stats..no one will analyze them...just see it for what it is...lower unemployment

Yeah, and the BLS also put out the numbers which show the labor force shrinking by >300,000. It's just people who were unable to find jobs dropping out of the labor force and voila, lower unemployment rate!

[andreisdaman]

Yeah, and the BLS also put out the numbers which show the labor force shrinking by >300,000. It's just people who were unable to find jobs dropping out of the labor force and voila, lower unemployment rate!

this is the way its been counted since the great depression and beyond..why cry about it NOW?

[howardroark]

this is the way its been counted since the great depression and beyond..why cry about it NOW?

Actually, during the Great Depression unemployment was counted differently. It was counted similarly to the way that U6 unemployment is counted now. U3 is what is officially called "the unemployment rate" now-a-days and it leaves out all sorts of people who should be counted as unemployed. But that's a different story.

What we're talking about here is the size of the labor force. Normally, the labor force grows along with the population. However, in the past few years the labor force has been SHRINKING. THAT is why the unemployment rate has been falling, NOT because of actual job creation! If one million people are unemployed and 500,000 can't find jobs and decide to leave the labor force that counts as a fall in the unemployment rate! When in reality that makes the unemployment picture look that much worse. The fact that the media is celebrating this unemployment "improvement" is laughable.

[howardroark]

The growth of the labor force has essentially stalled.



As you can see, historically, the labor force has never shrunk or even stalled. It has steadily grown, even during bad economic times. This made the unemployment rate more-or-less accurate. Now, however, is the first time in recent history that the labor force has stalled and even begun to shrink. THAT makes the unemployment rate extremely deceiving.

[andreisdaman]

Actually, during the Great Depression unemployment was counted differently. It was counted similarly to the way that U6 unemployment is counted now. U3 is what is officially called "the unemployment rate" now-a-days and it leaves out all sorts of people who should be counted as unemployed. But that's a different story.

What we're talking about here is the size of the labor force. Normally, the labor force grows along with the population. However, in the past few years the labor force has been SHRINKING. THAT is why the unemployment rate has been falling, NOT because of actual job creation! If one million people are unemployed and 500,000 can't find jobs and decide to leave the labor force that counts as a fall in the unemployment rate! When in reality that makes the unemployment picture look that much worse. The fact that the media is celebrating this unemployment "improvement" is laughable.

not necessarily..people leave the labor force for different reasons..you are assuming that they cannot find jobs which is true in some cases but not in all..some people take a rest from work, like I did and are not actively looking for jobs..some go back to school and become students....others drop out due to illness and can't work..some just decide to retire...others leave the country....some stay home and take care of children while being supported by a spouse.....so your contention that EVERYONE who is not working is looking for work and can't find a job is bogus..

SORRY for destroying your theory