mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
What's your date on 7% unemployment?
Wuss?
So in response to being called on your cowardly date-free predictions you deflect. Shocking.
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What's your date on 7% unemployment?
Wuss?
I guess you're not following the thread too closely...
Yeah, the report was a fucking bright opus which is why futures are climbing so fucking drastically...
So in response to being called on your cowardly date-free predictions you deflect. Shocking.
It's just another nail in the coffin. The market is flat lined now. Wait until the jobs numbers come out tomorrow, even the best projection is a fucking disaster for the economy.
Lol there's nothing steady in the market today and jobs numbers coming tomorrow going to show the biggest decline in two years. With that said why look down the road when it's not looking better then it is now
Actually it was probably the worst quarter since 2010. I told you yesterday that even numbers in the 150,000 range would have been terrible in the scope of what is needed to overcome simple attrition. This was almost half that number, a terrible number.
The economy continued its sluggish performance in June as employers added just 80,000 jobs and the nation’s unemployment rate remained at 8.2 percent, the government reported Friday.
The report added to growing concern that the economic recovery, which seemed to be gaining momentum in the early part of the year, is faltering after a promising start for the third consecutive year.
the only fail here is Merc and The obama.
why do you support obama helping the 1% ers becoming richer?
Merc, why do you hate the middle class?
Vette and Bra's prediction of a disastrous job report was simply wrong as can be. The report wasn't great but it was the best in three months, miles away from the "disaster" they said we'd have.
AJ - you're a wuss because you don't put a date on your predictions. At least Vette, wrong as he often is, has the fortitude to give specifics.
And that's not what Vette and Bra said. They said the report would be "disaster". Your paste says something completely different.
And that's not what Vette and Bra said. They said the report would be "disaster". Your paste says something completely different.
merc, merc, merc...,
If we need 150K in jobs each month just to keep up with the natural growth of the job force and if we put the 80K into the jargon of the Democrat Party when it comes to baseline budgeting, the this cut in the rate of growth would be a "Draconian" cut and we would be losing ground, which, we are...
But don't take the word of rw "Radicals..."
If you ask me, I think what we're experiencing isn't in fact closer to a "growthless" recovery than to a jobless one. Because GDP started to grow more than a year and a half ago, but with the exception of just a couple of quarters, growth has not been noticeably above its trend rate of about 2-1/2 percent a year. I don't rejoice at the news that we added 216,000 jobs in March. About a hundred thousand of that 216,000 is needed every month just to keep up with the growth in the labor force. At this rate of job growth, it would take most of the decade to replace the eight 8-1/2 million jobs that were lost in the recession.
Christina Romer
Chairwoman of Obama's White House Council of Economic Advisors
So you cannot tell us when we will hit 7% unemployment, but you CAN tell us the numbers of ObamaCare in January's polling?
Are you to shell-shocked by the administrations best experts who told us that at this point, if we let them spend a bunch of borrowed money on "shovel-ready" projects, which were just laying around thanks to George Bush and his General (not Betrayus), General Republican Philosophy, that we would be at 5% unemployment heading into the election...
Now, President Obama wants a do-over so he can announce on Day 1 that he's going to close Gitmo.
“I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal."
President Obama, June 2008
“Look, I’m at the start of my administration. One nice thing about the situation I find myself in is that I will be held accountable. You know, I’ve got four years. A year from now I think people are going to see that we’re starting to make some progress. But there’s still going to be some pain out there. If I don’t have this done in three years, then there’s going to be a one-term proposition.”
Barack Obama, The Today Show February 1, 2009.
That's Day 1 stuff *!
"The System WORKED!"
"We had (Defense Department) resources there from Day One. This was a situation that was treated as a possible catastrophic failure from, from Day One!"
Janet Napolitano
"We own the economy. We own the beginning of the turnaround and we want to make sure that we continue that pace of recovery, not go back to the policies of the past under the Bush administration that put us in the ditch in the first place."
Debbie Wasserman Schultz
* You can keep the Skoal™...
Wait until the jobs numbers come out tomorrow, even the best projection is a fucking disaster for the economy.
Minus the liberal spin, the report is a disaster.
I said the report would be a disaster, it is.
The ADP numbers said +176,000 in June. Why are you thinking it's going to be the biggest decline in years?
Vette - you've cited ADP numbers as more reliable than BLS numbers in the past. Do you still stand by that or are you waiting to see what the BLS figure is in order to cherry pick the lowest one?