jeninflorida
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The number will grow with obamacare.
but Obummercare is gong to save tax payers money
What happened to all of the doom and gloom economic threads?
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but Obummercare is gong to save tax payers money
mercury14
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Really? Because the number of Americans working part time for economic reasons keeps declining, even as the work force has increased. Your narrative about Obamacare pushing people into part-time work is contradicted by reality.
RobDownSouth
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Did you see the great dustup between Erick Erickson of Politico and Paul Krugman of the New York Times yesterday?
Erickson lamented the fact that the price of milk and bread was going up.
Krugman responded with BLS statistics showing that bread and milk are essentially unchanged in price over the past 5 years.
Erickson, who like most fringe wingnuts has a pathetic need to get the last word in, replied that yes, that was true, but hey, facts don't matter, what matters is people's perception of the facts
That goes a long way towards explaining AJ, Vetty, busybody and trysail.
Erickson lamented the fact that the price of milk and bread was going up.
Krugman responded with BLS statistics showing that bread and milk are essentially unchanged in price over the past 5 years.
Erickson, who like most fringe wingnuts has a pathetic need to get the last word in, replied that yes, that was true, but hey, facts don't matter, what matters is people's perception of the facts
That goes a long way towards explaining AJ, Vetty, busybody and trysail.
Beco
I'm Not Your Guru
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Glad I dumped....made a good move, for once, in the market
mercury14
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Uh huh.
RobDownSouth
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Ah another after-the-fact profiteer. You and the situational Native American should write a book.
mercury14
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Did you see Vette saying that his gold losing 40% of its value doesn't impact him... as a retiree on a fixed income. Nope, doesn't impact him at all.
richard_daily
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He's gotten ALL his gold for free, from his ownership in a government gold mine. He said so, so it must be true!
Sean Renaud
The West Coast Pop
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The problem is he's not really wrong about that and it's one place that Dems in general and Obama in particular have done a terrible job of controlling the narrative. It's like they don't understand that perception is reality.
koalabear
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It's not a small segment of the labor market either. In May, a record 2.68 million workers filled the temp ranks, according to Labor Department statistics. That means roughly the same number of people are working as temps as there are in the airline, real estate and mining industries combined.
"We're seeing just more and more industries using business models that attempt to change the employment relationship or obscure the employment relationship," Labor Department official Mary Beth Maxwell told ProPublica. "In the last 10 to 15 years, there's just a big shift to this for a lot more workers -- which makes them a lot more vulnerable."
http://money.msn.com/now/post--america-now-has-27-million-temp-workers
RobDownSouth
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Very true. I've called out a number of folks here about their slavish devotion to The Narrative, long after facts have proven them wrong.
See also: Benghazi, Fast 'n Furious, virtually anything busybody has said in the past 8 years, etc.
Sean Renaud
The West Coast Pop
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The thing is it's not just folks here. You'd think Obama had increased the deficit based on what goes around on a regular basis. The mainstream media is doing a terrible job of getting that bit of info out to cover Obama's ass. It's like they aren't in his pocket or something.
mercury14
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Temp workers aren't the same as workers working PT for economic reasons so I'm not sure why you're posting this.
But over the past year temp workers have gone from 2.5 million to 2.68 million, out of a pool of 136 million workers. You'll have to excuse me if I'm not shocked and outraged by this.
koalabear
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You can't change the fact that there is a record number of temps, but keep trying StinkyMORON.
mercury14
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koalabear
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If you say so StinkyMORON.
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Busybody
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Obama’s Energy Plan: Impoverish America
Is this the worst presidential initiative ever?
By Robert Zubrin
Robert Zubrin
On June 25, President Obama gave a speech outlining his energy plan for America. The centerpiece is a directive for the Environmental Protection Agency to develop new regulations that will make it virtually impossible to generate electricity from coal in the United States.
This is harmful and absurd for many reasons. First, by shutting down existing coal-fired power plants, it will effectively destroy trillions of dollars of private property. Second, since those plants supply about 40 percent of America’s electric power, they will need to be replaced at great cost, which will be borne by ratepayers. Third, all proposed replacements for coal are significantly more expensive, so using them will drive rates up further. Fourth, increasing the cost of electric power is one of the most regressive forms of taxation possible, since, for example, stockbrokers making $30 million per year will pay nearly the same additional amount as families making $30,000 per year, despite a thousand fold difference in income. Fifth, as a form of business taxation, increasing electric rates preferentially targets companies that produce real goods over those that profit through speculation or the collection of legal costs. Sixth, by increasing the costs of American goods, the inflation of electricity prices will make U.S. industry less competitive, causing factories to shut down and throwing millions of Americans out of work. And seventh, by depressing the American economy, the plan will cause the loss of massive amounts of federal and state income-tax revenues, thereby accelerating the nation’s descent into bankruptcy.
In addition to all this, the Obama plan will severely harm America by preventing it from becoming secure in its supplies of liquid transportation fuels. Despite some recent growth in oil production and a depressed economy that has reduced U.S. oil consumption by 15 percent since 2007, the United States remains by far the largest oil importer in the world. Currently we import about 4.4 billion barrels per year, which at a price of $100 per barrel costs the nation $440 billion per year — an amount equivalent to the loss of 5 million jobs at $88,000 per year each.
Furthermore, as a result of this dependency, every time the price of oil goes up, the American economy experiences a major new tax — payable ultimately through the world market to the state-run oil companies of the Organization of Petroleum Exporting Countries — which depresses our economy severely. This can be seen clearly in the graph below, which compares oil prices (adjusted for inflation to 2010 dollars) to the U.S. unemployment rate from 1970 to the present. It can be seen that every oil-price hike for the past four decades, including those in 1973, 1979, 1991, 2001, and 2008, was followed shortly afterwards by a sharp rise in American unemployment.
As a result of the boom in natural-gas production, the United States now has a way to break this fatal dependency. Natural gas can be used to power automobiles — directly or (more easily) by converting it to methanol and employing it as a liquid fuel in flex-fuel vehicles. This latter alternative is well understood by our new energy secretary, Ernest Moniz, since he authored an MIT study that supported it. Were the United States to pass a law requiring all cars to be methanol-capable flex-fuel vehicles, or simply repeal EPA regulations that prevent such conversions from being carried out privately, our immense natural-gas capacity could make a dramatic entrance into the liquid-fuel market. This would not only liberate the United States from its dependence on foreign oil; it would destroy the ability of the OPEC cartel to control prices and extort capital from the world’s industrial nations by constricting the availability of global liquid-fuel supplies.
Obama’s plan, however, is designed explicitly to prevent such a promising development. Rather than being used to compete against foreign oil, the plan commits our natural gas to replace American coal. The cartel will be protected, while our own power industry and manufacturing sector will be wrecked. We will be impoverished, while our adversaries will be enriched.
The plan, however, is justified by the assertion that it will reduce the nation’s carbon emissions. This it certainly will do, by throwing our citizens out of work, so that they will not be able to buy things made of, from, or with carbon. Instead, that privilege will be transferred to those abroad whose profits the plan will increase at our expense.
It is rare thing when a president offers a plan so detrimental to American interests.
Is this the worst presidential initiative ever?
By Robert Zubrin
Robert Zubrin
On June 25, President Obama gave a speech outlining his energy plan for America. The centerpiece is a directive for the Environmental Protection Agency to develop new regulations that will make it virtually impossible to generate electricity from coal in the United States.
This is harmful and absurd for many reasons. First, by shutting down existing coal-fired power plants, it will effectively destroy trillions of dollars of private property. Second, since those plants supply about 40 percent of America’s electric power, they will need to be replaced at great cost, which will be borne by ratepayers. Third, all proposed replacements for coal are significantly more expensive, so using them will drive rates up further. Fourth, increasing the cost of electric power is one of the most regressive forms of taxation possible, since, for example, stockbrokers making $30 million per year will pay nearly the same additional amount as families making $30,000 per year, despite a thousand fold difference in income. Fifth, as a form of business taxation, increasing electric rates preferentially targets companies that produce real goods over those that profit through speculation or the collection of legal costs. Sixth, by increasing the costs of American goods, the inflation of electricity prices will make U.S. industry less competitive, causing factories to shut down and throwing millions of Americans out of work. And seventh, by depressing the American economy, the plan will cause the loss of massive amounts of federal and state income-tax revenues, thereby accelerating the nation’s descent into bankruptcy.
In addition to all this, the Obama plan will severely harm America by preventing it from becoming secure in its supplies of liquid transportation fuels. Despite some recent growth in oil production and a depressed economy that has reduced U.S. oil consumption by 15 percent since 2007, the United States remains by far the largest oil importer in the world. Currently we import about 4.4 billion barrels per year, which at a price of $100 per barrel costs the nation $440 billion per year — an amount equivalent to the loss of 5 million jobs at $88,000 per year each.
Furthermore, as a result of this dependency, every time the price of oil goes up, the American economy experiences a major new tax — payable ultimately through the world market to the state-run oil companies of the Organization of Petroleum Exporting Countries — which depresses our economy severely. This can be seen clearly in the graph below, which compares oil prices (adjusted for inflation to 2010 dollars) to the U.S. unemployment rate from 1970 to the present. It can be seen that every oil-price hike for the past four decades, including those in 1973, 1979, 1991, 2001, and 2008, was followed shortly afterwards by a sharp rise in American unemployment.
As a result of the boom in natural-gas production, the United States now has a way to break this fatal dependency. Natural gas can be used to power automobiles — directly or (more easily) by converting it to methanol and employing it as a liquid fuel in flex-fuel vehicles. This latter alternative is well understood by our new energy secretary, Ernest Moniz, since he authored an MIT study that supported it. Were the United States to pass a law requiring all cars to be methanol-capable flex-fuel vehicles, or simply repeal EPA regulations that prevent such conversions from being carried out privately, our immense natural-gas capacity could make a dramatic entrance into the liquid-fuel market. This would not only liberate the United States from its dependence on foreign oil; it would destroy the ability of the OPEC cartel to control prices and extort capital from the world’s industrial nations by constricting the availability of global liquid-fuel supplies.
Obama’s plan, however, is designed explicitly to prevent such a promising development. Rather than being used to compete against foreign oil, the plan commits our natural gas to replace American coal. The cartel will be protected, while our own power industry and manufacturing sector will be wrecked. We will be impoverished, while our adversaries will be enriched.
The plan, however, is justified by the assertion that it will reduce the nation’s carbon emissions. This it certainly will do, by throwing our citizens out of work, so that they will not be able to buy things made of, from, or with carbon. Instead, that privilege will be transferred to those abroad whose profits the plan will increase at our expense.
It is rare thing when a president offers a plan so detrimental to American interests.
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Busybody
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They must think we are stupid
Biden: Obama Has “Moved The Country From The Worst Recession Since the Great Depression To 38 Months of Private-Sector Growth”…
Really? Because the first-quarter’s GDP growth was a microscopic 1.8%.
RICHMOMD, Va. (AP) — Vice President Joe Biden continued a busy political pace Saturday, appearing with Virginia’s Democratic gubernatorial candidate at the swing state’s premier party fundraiser and ridiculing this fall’s conservative Republican statewide ticket as extreme captives of tea party ideology.
Biden brought about 1,000 Democrats to their feet repeatedly at the Jefferson-Jackson Dinner barely four months ahead of the nation’s only competitive governor’s race. His appearances at state fundraisers haved evoked speculation that he is laying his footing for a 2016 presidential bid.
“Ladies and gentlemen, we stand for equal rights and women’s rights,” Biden said. “With virtually zero support from the Republicans, the president and I have moved the country from the worst recession since the Great Depression to 38 months of private-sector growth.”
Biden: Obama Has “Moved The Country From The Worst Recession Since the Great Depression To 38 Months of Private-Sector Growth”…
Really? Because the first-quarter’s GDP growth was a microscopic 1.8%.
RICHMOMD, Va. (AP) — Vice President Joe Biden continued a busy political pace Saturday, appearing with Virginia’s Democratic gubernatorial candidate at the swing state’s premier party fundraiser and ridiculing this fall’s conservative Republican statewide ticket as extreme captives of tea party ideology.
Biden brought about 1,000 Democrats to their feet repeatedly at the Jefferson-Jackson Dinner barely four months ahead of the nation’s only competitive governor’s race. His appearances at state fundraisers haved evoked speculation that he is laying his footing for a 2016 presidential bid.
“Ladies and gentlemen, we stand for equal rights and women’s rights,” Biden said. “With virtually zero support from the Republicans, the president and I have moved the country from the worst recession since the Great Depression to 38 months of private-sector growth.”
mercury14
Pragmatic Metaphysician
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1.8% last quarter compared to -6.8% when Obama took office, a gain of +8.6% GDP growth. And the CBO has a -.7% figure allocated to the impact of the sequester due to hundreds of billions in lost private sector demand.
Fix the sequester and we have a more reasonable +2.5% GDP growth figure.
Pass an infrastructure jobs bill and we're over 3%.
jeninflorida
Literotica Guru
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If you ever had a real job, or in a position to hire others (where you were responsible for the P&L) then I would give you some weight on the matter.
You and the others just don't understand business. But its okay, since none of you pro obama people have had real jobs. Nothing to be ashamed about. you just need to put down the juice and enter this thing called reality
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