What happened to all of the doom and gloom economic threads?

[mercury14]

yes

and YOU own OBAMACARE

And you own Medicare. Literally. You participate and benefit from the socialist Marxist ponzi scheme you hate.

 

[Busybody]

Hi 5 for NIGGER O ICKS

 

[Busybody]

Curry

Tell the mkt about the good news

 

[mercury14]

Hi 5 for NIGGER O ICKS

Economists expect the spending reductions will shave half a percentage point off economic growth this year. Many federal workers will experience pay cuts. And government contractors will likely cut jobs. That could also drag down overall monthly hiring.

Read more: http://www.foxnews.com/politics/201...-fewer-people-looking-for-work/#ixzz2PazzJpU1

Shouldn't you be blaming yourself?

 

[Busybody]

Those looking to sequestration’s budget cuts to explain the weak numbers don’t have much evidence here, yet: Excluding the U.S. Postal Service (which is finally hitting insolvency, basically), federal payrolls actually expanded in March, by 2,200 jobs (as always, of course, these numbers can come in for large revisions). Some will argue that decreased spending (especially because of huge numbers of contractors in defense, which sequester has hit even harder) will manifest itself in more ways than just government payrolls, and that’s surely true — but we’ll have to wait in the coming months to see what exactly the results will be. For now, even most opponents of spending-side austerity admit this month’s disappointment doesn’t really tell us what sequestration’s cuts mean economically

 

[mercury14]

Those looking to sequestration’s budget cuts to explain the weak numbers don’t have much evidence here, yet: Excluding the U.S. Postal Service (which is finally hitting insolvency, basically), federal payrolls actually expanded in March, by 2,200 jobs (as always, of course, these numbers can come in for large revisions). Some will argue that decreased spending (especially because of huge numbers of contractors in defense, which sequester has hit even harder) will manifest itself in more ways than just government payrolls, and that’s surely true — but we’ll have to wait in the coming months to see what exactly the results will be. For now, even most opponents of spending-side austerity admit this month’s disappointment doesn’t really tell us what sequestration’s cuts mean economically

If the Postal Service added workers during the month you would instantly count them as federal government hires, so no you can't not count them whenever it's convenient.

 

[mercury14]

Obama is banning so much domestic oil production that crude oil imports just dropped to a 17-year low.

 

[Busybody]

Obama is banning so much domestic oil production that crude oil imports just dropped to a 17-year low.

bullshit

 

[koalabear]

Stocks fall on weak jobs data

 

[koalabear]

Jobs growth hits slowest pace in nine months

http://www.nbcnews.com/business/eco...t-pace-nine-months-1B9229443?ocid=msnhp&pos=1

 

[phrodeau]

Jobs growth hits slowest pace in nine months

http://www.nbcnews.com/business/eco...t-pace-nine-months-1B9229443?ocid=msnhp&pos=1

Oh no, more growth! When will the economy ever stop growing?

 

[koalabear]

Oh no, more growth! When will the economy ever stop growing?

What about that growth on your nose yellow-neck?

 

[Busybody]

MORE: Austan Goolsbee: Jobs Report A “Punch To The Gut.” But gay marriage!!!!

STILL MORE: March jobs number are ‘a punch to the gut’ as Americans flee workforce and young people lose optimism.



When Dow Jones asked a group of economists to predict the number of new jobs the US economy added in March, the average answer was about 200,000. Friday’s numbers, released by the US Department of Labor, were just 44 percent of that figure, an 88,000-job showing that paled in comparison to February’s 268,000 and represented the lower number since June of last year.

And although the official unemployment percentage figure decreased slightly from 7.7 per cent to 7.6 per cent, analysts say that only happened because, as in past months, so many Americans dropped out of the workplace entirely.

Young workers in particular are feeling the pinch of disappearing opportunities.


How’s that hopey-changey stuff workin’ out for ya?

 

[Busybody]

Fun Fact Of The Day: Unemployment Rate Would Be 10.98% If Labor Force Participation Was The Same As When Obama Took Office…

 

[Busybody]

on the one hand you have an OBAMA stooge LYING to our face

Obama’s Top Economic Adviser Praises Horrific Jobs Report As “Further Evidence The U.S. Economy Is Growing”…




Via WhiteHouse.gov, Alan Krueger, Chairman of the Council of Economic Advisers :


While more work remains to be done, today’s employment report provides further evidence that the U.S. economy is continuing to recover from the worst downturn since the Great Depression. It is critical that we continue the policies that are helping to build an economy that creates jobs and works for the middle class as we dig our way out of the deep hole that was caused by the severe recession that began in December 2007.

Today’s report from the Bureau of Labor Statistics (BLS) shows that private sector businesses added 95,000 jobs last month. Total non-farm payroll employment rose by 88,000 jobs in March. The February and March employment numbers were revised up by a total of 61,000 jobs. The economy has now added private sector jobs every month for 37 straight months, and a total of nearly 6.5 million jobs has been added over that period.

The household survey showed that the unemployment rate fell from 7.7 percent in February to 7.6 percent in March, the lowest since December 2008. The labor force participation rate decreased by 0.2 percentage point to 63.3 percent in March.

 

[mercury14]

Fun Fact Of The Day: Unemployment Rate Would Be 10.98% If Labor Force Participation Was The Same As When Obama Took Office…

Funner fact of the day: 10,000 baby boomers have retired every single day since 2010.

 

[Busybody]

where as the TURDBALL who was in that office before

NOT

not having to lie for the NIGGER

says

Former Obama Economic Adviser Says March Jobs Report “A Punch To The Gut”…




Yeah, it’s that bad.


On CNBC Austan Goolsbee says that this jobs report is a “Punch to the Gut” and that it’s not a good jobs number (April 5, 2013).

 

[koalabear]

Funner fact of the day: 10,000 baby boomers have retired every single day since 2010.

*views post*

You would think that would lower the unemployment rate drastically.

 

[Busybody]

Funner fact of the day: 10,000 baby boomers have retired every single day since 2010.

how many NEW employee potential replaced em?

tell me

its OK

I'll wait

 

[Busybody]

Even members of the Obama economic team couldn’t hide their disappointment in this morning’s jobs report. On CNBC this morning, former Obama economic council chairman Austan Goolsbee said that the economy’s generating 88,000 new jobs last month was “a punch to the gut; this is not a good number. We all overshot.” Earlier in the show, Goolsbee had predicted that 153,000 new jobs would have been added in March. When Goolsbee suggested that the low number was due to the sequester cuts, contributor Steve Liesman corrected him: “Not the sequester, but the payroll tax.

 

[JohnnySavage]

how many NEW employee potential replaced em?

tell me

its OK

I'll wait

Merc has his point all upside down.

As people retire they are no longer counted as part of the labor force. Thus, the participation rate would go up, not down.

 

[Wrong Element]

Good Lord, practically this entire page are posts by the human skidmark I have on Ignore, and the person who keeps quoting him.

As for the jobs numbers, nothing is in them that the anti-austerity, anti-sequester folks didn't say would be there.

 

[Busybody]

Merc has his point all upside down.

As people retire they are no longer counted as part of the labor force. Thus, the participation rate would go up, not down.

shhh, he is shitting all over himself....no need to make him stop

 

[Busybody]

Good Lord, practically this entire page are posts by the human skidmark I have on Ignore, and the person who keeps quoting him.

As for the jobs numbers, nothing is in them that the anti-austerity, anti-sequester folks didn't say would be there.

another NIGGER

 

[Busybody]

In another clip from CNBC this morning, take a gander at the White House chief economist Alan Krueger affirming that, why no, this morning’s awful jobs report does not mean the White House is going to be reassessing their economic approach. And hey, why should they? Backing off of failed progressive policies for the good of the country is for chumps, duh.