PDA

View Full Version : Good economic news


speechlesstx
Jul 3, 2014, 09:59 AM
Just kidding. Dems are cheering the drop in unemployment to 6.1%. Yup, every time someone quits looking for a job the rate goes down - a record (http://cnsnews.com/news/article/ali-meyer/record-number-americans-not-labor-force-june)92,120,000 (http://cnsnews.com/news/article/ali-meyer/record-number-americans-not-labor-force-june) Americans have left the workforce.

I personally think that's part of the emperor's urging us to "economic patriotism," Not only more Americans on the public dole, but thousands and thousands of illegals.

No?

smoothy
Jul 3, 2014, 10:04 AM
More good news... there remains less than 1 year and a half more to suffer from the reign of King Poo Pile.

talaniman
Jul 3, 2014, 01:19 PM
Despite the gloom and doom from the Conservative News Source, can we be glad 288,000 people got jobs?

https://finance.yahoo.com/news/simply-hired-employment-outlook-report-130100614.html

Stock futures higher ahead of jobs report | America's Markets (http://americasmarkets.usatoday.com/2014/07/03/stock-futures-mixed-ahead-of-jobs-report/)

http://www.bls.gov/news.release/pdf/empsit.pdf


In June, average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents to
$24.45, following a 6-cent increase in May. Over the past 12 months, average hourly earnings have risen
by 2.0 percent. In June, average hourly earnings of private-sector production and nonsupervisory
employees increased by 4 cents to $20.58. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for April was revised from +282,000 to +304,000, and
the change for May was revised from +217,000 to +224,000. With these revisions, employment gains in
April and May were 29,000 higher than previously reported

Its not ALL gloom and doom. More work to be done for sure and passing a transportation reauthorization can help.

Transportation Reauthorization 2014 (http://www.countyengineers.org/LegReg/Pages/TransporReauth2014.aspx)

Countdown to a shutdown of federal transportation funding - The Washington Post (http://www.washingtonpost.com/local/trafficandcommuting/countdown-to-a-shutdown-of-federal-transportation-funding/2014/07/02/8f6f313c-012a-11e4-8572-4b1b969b6322_story.html)

Doing nothing is gloom and doom.

smoothy
Jul 3, 2014, 02:36 PM
Tal... you know full well what complete BS those numbers are since they ONLY count people that are eligible for benefits and are actually able to collect them and not one person else.

They don't count the unemployed contractors, and business owners that went out of business... those whose benefits expired... or all those college and high school grads the last 6 years who never found a job to even qualify for any benefits at all.

Or the people that just gave up trying to find work. The numbers of which continue to grow and far exceed the paltry few who find part time jobs at minimum wage, who are a majority of those who do find work.

talaniman
Jul 3, 2014, 02:59 PM
Fire the job creators for doing a lousy job!

smoothy
Jul 3, 2014, 03:12 PM
What job creator would want to increase their liability and exposure under Obamacare and other left wing regulations imposed on us the last 6.5 years?

paraclete
Jul 3, 2014, 03:28 PM
so smoothy you think it is good enough to sit on your money and do nothing?

talaniman
Jul 3, 2014, 03:33 PM
Well said smoothy and the very definition of GREED since corporate profits are SOARING as never before.

tomder55
Jul 3, 2014, 03:40 PM
and passing a transportation reauthorization can help.

isn't that what the stimulus was for ?

talaniman
Jul 3, 2014, 03:55 PM
What does a free market capitalist say about one time investors?

tomder55
Jul 3, 2014, 04:13 PM
fool me once shame on you ;fool me twice shame on me.

tomder55
Jul 3, 2014, 04:29 PM
can we be glad 288,000 people got jobs?


275,000 part time jobs according to the BLS.

smoothy
Jul 3, 2014, 07:49 PM
so smoothy you think it is good enough to sit on your money and do nothing?

Well when you consider the very high costs for covering full time workers under Obamacare... and the VERY high costs of you have more than 50 employees for even part time workers... If I had a large business... I'd do exactly what most large businesses are doing... cut back and wait it out... President Poo Pile won't be in office forever, and the odds are very good if you wait it out we will finally get a president in office that's not bent on putting everyone out of business, or making it so expensive to do business here, ANY other country becomes preferable. And it's there right now being we have the absolute highest Corporate taxes in the world.

paraclete
Jul 3, 2014, 08:07 PM
Here's an idea some of your industries have been retreating from international sites as they do, if you don't want the industries because it's too expensive come to a country where only the largest industries get taxed, the idea being if you are small you arn't up for too much social responsibility

smoothy
Jul 3, 2014, 08:33 PM
Every other country that has a leader that's not brain damaged, Knows or has found out... Lower business taxes and your ecomony grows... Thats the main reason behind Canadas recent economic growth. THey significantly lowered their corporate tax structure.

Obama however has apparently had a mental breakdown, as demonstrated by his recent irrational public ranting after SCOTUS rulings... and believes he alone knows anythng and by some demented logic thinks the more you punish a business the better they will do and the more people they would want to hire. Maybe in his dreams... but it doesn't work this way in the real world. ANYWHERE.

paraclete
Jul 3, 2014, 09:43 PM
free lunch?

Catsmine
Jul 4, 2014, 03:29 AM
Lies, Damn Lies, and Statistics - Mark Twain

Here's some more:

Before You Dance a Jig About the New Job Stats, Here's A Quick Jolt Back to Reality (http://www.ijreview.com/2014/07/153687-dance-jig-new-job-stats-know/)

NeedKarma
Jul 4, 2014, 04:18 AM
The 1% are enjoying the savings on labour:

Fascinating graphics show who owns all the major brands in the world (http://sploid.gizmodo.com/fascinating-graphic-shows-who-owns-all-the-major-brands-1599537576)

speechlesstx
Jul 4, 2014, 06:00 AM
The 1% are enjoying the savings on labour:

Yeah, dead broke Hillary is getting her pantsuits at a bargain.

NeedKarma
Jul 4, 2014, 06:09 AM
Ankle biter.

talaniman
Jul 4, 2014, 06:12 AM
Republicans love to obstruct, and do nothing, while they holler in front of a camera, and get paid for it. Then the right wing media completely ignores the profits of the 1%, so called job creators, and blame the lazy middle class victims of the GFC for getting caught in the middle. And while they rake in these profits without hiring or paying people a living wage the conservatives holler louder while they continue to cut benefits for the poor and unemployed and give corporate welfare to the rich.

You take away workers rights, and give the boss all the rights to tell you what to do, when, and how, and for how much and turn around and holler about the part time jobs and the lousy job the government you hate is doing. Like he is doing it all by himself and the rest of the congress is doing such a great bang up for the rest of us.

Conservatives and their spin have no credibility in light of no better plan than destroy their own government and country in the process, and blame everyone else for this failure to progress, accomplish, and achieve. The sad part is CATSMINE is your link shows the epitome of spin and not reality that the American people are being yet again ripped off by the big money, and conservatives as always hold the door open and let the robbers get away while YOU direct the posse the other way.

Keep serving your corporate masters, while they pay you like slaves and dictate what YOUR rights are. It's the free market system they invented and manipulate to make sure they keep their RIGHT to be rich and tell you what to do.

Catsmine
Jul 4, 2014, 06:50 AM
love to obstruct, and do nothing, while they holler in front of a camera

Authoritarians love to decry risk takers succeeding while sucking up to big business political donors, claiming to be for "the little people" or "the middle class" in front of cameras while on their way to $5000.00 a plate fundraisers. The next morning they go back to telling citizens what new regulation they've dreamed up in their Pinot Noir hangovers.

talaniman
Jul 4, 2014, 07:06 AM
Informed voting is the solution to that kind of thing you know. Elected officials should be our servants, not the other way around. All this campaign money makes that rather difficult though.

tomder55
Jul 4, 2014, 07:34 AM
how does campaign money make for a less informed electorate ?

NeedKarma
Jul 4, 2014, 07:47 AM
how does campaign money make for a less informed electorate ?Seriously??

talaniman
Jul 4, 2014, 08:37 AM
how does campaign money make for a less informed electorate ?

What I said was the campaign money makes it more difficult for elected officials to serve the interest of the electorate, rather than the donor. Being informed is the responsibility of the electorate, despite the challenge of MONEY!

Catsmine
Jul 4, 2014, 08:49 AM
Informed voting is the solution to that kind of thing you know. Elected officials should be our servants, not the other way around.

Simplest way to do that is term limits. Then it won't matter how much you spend trying to buy an election (see Thad Cochran).

talaniman
Jul 4, 2014, 09:07 AM
An informed electorate should be responsible for limiting the terms of their representatives.

I find it hilariously that the old dog in Mississippi outsmarted the big mouth bigot. Its telling that the objection was that black people voted in the republican primary. Typical of bigotry. I doubt he learned his lesson but watch for the bigots to change the voting rules really quick, or try.

You did know that McDaniel was a bigot didn't you?

Catsmine
Jul 4, 2014, 10:12 AM
An informed electorate

Mythbusters moment - THERE'S your problem.

paraclete
Jul 4, 2014, 04:41 PM
Are you try to say that in this age of mass media the electorate isn't informed? It becomes misinformed by the diatribe let loose in an election campaign

Catsmine
Jul 4, 2014, 05:48 PM
Yes. The American electorate is so inundated with information being marketed to them that they tune it out like commercial ads until election time. Then they pick up the buzzwords used by the opponents (pick one: racist, misogynist, old, heartless, mean-spirited, there's others) and vote for the one that promises more free stuff or with the least mud still clinging.

Talking about an informed citizenry is as silly as telling teenagers not to have sex.

Edit: They are informed about culture, but not policy. Those of us that post here and can back up our statements are not just the exception, we are rarities.

paraclete
Jul 4, 2014, 06:59 PM
I think there are many of us in many places who are not fully informed on the ramifications of policy. What we essentially are doing is saying yes or no to a question of; are you in favour of a law to....................... and do you expect that I might represent you to do that. Beyond that it is all a nonsense

It is the missing text that provides the problems since it is provided after the election

tomder55
Jul 4, 2014, 07:26 PM
Are you try to say that
in this age of mass media the electorate isn't informed? It becomes misinformed by the diatribe let loose in an election campaign
nope ;most of the ObamaZombies choose to not be informed . Most American youths could not pass a citizen test given for naturalization.
btw ;the problem with the economic numbers is that it is a modest gain in a shrinking economy . The emperor shot his Keynesian wad and there are no more arrows in his quiver.

NeedKarma
Jul 5, 2014, 03:13 AM
most of the ObamaZombies choose to not be informedSee, you're part of the problem - you think only one side is like that.

Catsmine
Jul 5, 2014, 03:39 AM
In your carping way, NK, you have a valid point. It's a deeply ingrained cultural issue brought on by the 24 hour news cycle. News availability makes it possible to be informed about policies, but it also requires a ratings scramble that leads to people being more concerned about seeing Rihanna's bruises or Katy Perry's panties (edit: or Paris Hilton's lack thereof) than about boring stuff like full time jobs declining while part time slots rise.

NeedKarma
Jul 5, 2014, 03:57 AM
It's more that your news is geared towards being a sounding board for their target audience. So each side only watched their own propaganda which acts as an echo chamber. Very divisive way and you're right, it takes away from focusing on real issues, like ones at home, or trying to change the system for all americans.

paraclete
Jul 5, 2014, 05:44 AM
It's a deeply ingrained cultural issue brought on by the 24 hour news cycle

there we have the nub of the problem, nothing is real, you believe in the fantasy as betrayed by the media

talaniman
Jul 5, 2014, 06:27 AM
You are entitled to your opinion Clete, as simplistic and misunderstood as it may be, but the majority of us are not slaves of the 24 hour news cycle as there is much more life to be lived by us than what YOU perceive from our news broadcast. LOL, there is much more on TV than just the news. There are more people in America than just left, or right wingers.

There is no perfect nation on earth, as there are NO perfect humans. We all have issues. Its easier to point out everybody else's and ignore your own.

Catsmine
Jul 5, 2014, 08:31 AM
the majority of us are not slaves of the 24 hour news cycle

I tend to think that estimate is overly optimistic, or were you agreeing with my earlier post that the majority doesn't pay attention to the news. Either way, that refutes your earlier statement about an 'informed electorate.'

talaniman
Jul 5, 2014, 09:12 AM
You can be informed without watching the news all day, everyday, from one source.

cdad
Jul 5, 2014, 09:46 AM
I think where the problem really is when we are talking about the way we get our news is that it only seems to come in as snippets and soundbites. None of it actually seems to be news anymore. The culture of the quickie has taken over. Many absorb what has been said because they believe that it has been shaved to its basic form when there is much more behind the story. That is the failing of media today and the way news is delivered. They seem to think that everyone is ADHD. So they treat us to a news menu that only has an attention span of less then a minute for fear we are going to change the channel.

paraclete
Jul 5, 2014, 04:37 PM
no, media has settled for repetition so that what little is provided is played endlessly so that we will be indoctrinated