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    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #1

    Jul 3, 2014, 09:59 AM
    Good economic news
    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 92,120,000 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's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #2

    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's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #3

    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/simpl...130100614.html

    Stock futures higher ahead of jobs report | America's Markets

    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

    Countdown to a shutdown of federal transportation funding - The Washington Post

    Doing nothing is gloom and doom.
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #4

    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's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #5

    Jul 3, 2014, 02:59 PM
    Fire the job creators for doing a lousy job!
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #6

    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's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #7

    Jul 3, 2014, 03:28 PM
    so smoothy you think it is good enough to sit on your money and do nothing?
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #8

    Jul 3, 2014, 03:33 PM
    Well said smoothy and the very definition of GREED since corporate profits are SOARING as never before.
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #9

    Jul 3, 2014, 03:40 PM
    and passing a transportation reauthorization can help.
    isn't that what the stimulus was for ?
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #10

    Jul 3, 2014, 03:55 PM
    What does a free market capitalist say about one time investors?
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #11

    Jul 3, 2014, 04:13 PM
    fool me once shame on you ;fool me twice shame on me.
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #12

    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's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #13

    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's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #14

    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's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #15

    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's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #16

    Jul 3, 2014, 09:43 PM
    free lunch?
    Catsmine's Avatar
    Catsmine Posts: 3,826, Reputation: 739
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    #17

    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
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
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    #18

    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
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #19

    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's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
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    #20

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

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