[speechlesstx]

Attachment 45461

[speechlesstx]

Wish someone would fix this dang site.

[paraclete]

yes some improvements are not always better but perhaps it's deliberate to control the amount of resources required the caption of that graph suggest the figures are artificial based on old statistics, we have moved on a long way from 2009, in case anyone hasn't noticed this is 2014 and post GFC

[tomder55]

the new normal is that Americans are dropping from the labor participation rate at record levels . That is not 2009 .It is 2014 .....5 years into the emperor's 'recovery' . 92 million Americans have dropped out of the labor force and have become a new class of dependents of the nanny state.
People Not In Labor Force Soar To Record 91.8 Million; Participation Rate Plunges To 1978 Levels | Zero Hedge

[paraclete]

so what do all these people do all day?

[tomder55]

Here is the emperor's latest nonsensical ploy to spur the economy and wage their "income inequality" war, establishing "Promise Zones."



I suggest he tell us how his millions invested in "Promise Neighborhoods" has worked out before asking us to buy into this useless idea, but I doubt that will happen or that the media will even question it.

of course . The solution for areas where too much government is the core reason for their poverty is adding even more government. I'll reserve judgment until I see the details . If he mimics the Jack Kemp enterprise zone solutions there is a chance that this may work. I suspect it will be more like Solyndra unfortunately .

[paraclete]

he is just targetting areas where there is plenty of unemployment

[speechlesstx]

He is targeting areas of political importance, like mitch McConnell territory.

[tomder55]

his MO is cronyism. As an example ,he just dumped CGI ,the firm that designed the Obamacare web site ;and has hired Accenture .John Rogers, CEO of Ariel Capital Mgt, which has a big investment in Accenture, raised $1.5 million for the emperor's campaign, comes from Chicago, and is family friends with the emperor . His ex-wife Desiree Rogers was the White House party manager who had to resign after she allowed in the two impostors into a reception for the Indian Prime Minister Manmohan Singh. So that made Accenture the logical choice to replace his other crony contractor . I suspect that his buds will be the chief beneficiary of these 'promise zones'.

[paraclete]

Hey if I were him I would have dumped those bunch of dunces, you get no marks for stuffing up something important, and embarrassing the president and let's us remember cheney and halliburton, you can't bleat about cronieism. Who did you expect him to give the contact to, some republican flunkey. you are just unreal Tom, politicians take their supporters with them when they get elected, they all do it. this is why there must be a clean out when the power changes. But you have a problem washington never gets cleaned out, they just keep resurrecting the hacks

[tomder55]

let's us remember cheney and halliburton, you can't bleat about cronieism

Halliburton was also Clintoon's favorite no bid contractor . Why ? Because they did the job they were hired to do better than anyone else. Guess who else hired Halliburton..... yes ,the emperor.

[tomder55]

btw ,when she passed away ,Lady Bird Johnson ,wife of LBJ, was a major stock holder of Haliburton .

[speechlesstx]

The real unemployment picture in Obama's dreadful recovery.

How Bad Is Obama's Record On Jobs? Let Us Count The Ways - Investors.com

6.3 million: Net new jobs created since Obama’s recovery started in June 2009
13.8 million: New jobs that would have been created had Obama’s kept pace with the average of the previous 10 recoveries.

3.6%: Growth in private jobs since Obama took office.
43%: Growth in the number of temp jobs.

91.8 million: Number of people not in the labor force as of December.
525,000: Increase since November.
11.2 million: Increase since Obama took office.

6.7%: Jobless rate 54 months into Obama’s recovery.
5.1%: Unemployment rate 54 months into George W. Bush’s “jobless” recovery.

13.1%: Jobless rate in Dec. using a broader measure — U6 — which includes people marginally attached to labor force or working part time for economic reasons.
9.2%: Average U6 rate in Bush’s eight years in office.

And what do we get? Promise Zones (an interesting choice of terms from the guy who breaks all his promises), blocking a huge job creator in Keystone, uncertainty and higher costs via Obamacare and more job killing regulations. Why does Obama hate America?

[talaniman]

Great right wing spin. Your source left out the huge profits of the private sector while NOT creating more jobs. Why do the rich hate the working public should be your question.

[excon]

Hello again, Steve:

It's simple really.. The Republicans just have to pass the Democrats jobs bill. I dunno WHY you don't want Americans to go back to work.. Worse than that, I dunno WHY you like shabby 3rd world airports, highways, and railroads. I dunno WHY you like our 3rd world electric grid, or our 3rd world internet service. I dunno WHY you wanna drive us back into the 19th Century. I dunno WHY you think all that is gonna create jobs...

It CAN'T be because the rich aren't rich enough yet. That if we just made 'em a little bit richer, they'll FINALLY create the jobs you've been telling us about.. You're not gonna ply that old garbage are you??? That dog just doesn't hunt anymore. You DO know, the rich are RICHER than ever.

Maybe you don't know that. How can that be? You DO know the deficit is PLUNGING, don't you??? Maybe you don't know that. How can THAT be?

You DO know that borrowing money is almost FREE today, don't you? You DO know that we OWN those bridges, and someday in the future, we're going to HAVE to fix them. You can't PRETEND that we're not. You don't doubt that 1st class infrastructure CREATES jobs and PAYS for itself, do you? So, borrowing to finance the work is ALMOST free. We NEED the work. We HAVE the workers. It WON'T make the deficit go back up.

What is so hard to understand here??? Do you LIKE to drive on bridges that might collapse because it's 3rd world?? Oh, that's right. They don't have bridges in Texas.

excon

[tomder55]

You DO know the deficit is PLUNGING, don't you???

Now about that $18 trillion debt......
Chalk up the deficit downturn to the wonders of the sequester. Too bad last month's budget deal ,with it's spending increases ,will halt that slide.
You can also give a hat tip to the Fed .Something about zero interest rates does wonders for Federal debt service .

[talaniman]

You guys will never increase revenues by raising taxes on the rich guys like repubs always have done or hire more government workers, like repubs always have done or build railroads and bridges like republicans always has done, so maybe going back to what you always have done (besides holler and throw rocks, and cry beecth and moan about liberals) might do some good.

Just saying because you guys have gotten a lot heavier, and louder, and its harder to drag you along than its ever been.

[speechlesstx]

Funny how you guys will blame everyone but the regime and then double down for more of the same. I'm just surprised you didn't blame it on Bush. I'm not surprised you think we should just roll over and take it in the a$$ from you. The numbers don't lie, can't say the same for libs.

[tomder55]

The government within the week will pass a $ 1 trillion dollar spending bill. So let's stop pretending that the government isn't spending enough. Maybe there would be more for infrastructure if it wasn't spending so much on it's own "heavier" bloat .

[talaniman]

If government cannot run a structured deficit, you will cease to have a government. Austerity without growth is another name for extraction/robbery legally through legislative chicanery. Another name is supply side economics, controlled unfettered by the interest of the very few.

Profits before people is a poor model to BUILD a growing economy that balances both supply with demand and circulation. You know something is off when economic models are the same as casino operations.