Frisco_Slug_Esq
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Lots of strivin' goin' on in China...
:nods:
:nods:
What happened to all of the doom and gloom economic threads?
- Thread starter Ulaven_Demorte
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Frisco_Slug_Esq
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Last I saw, they were surging into positive territory after the news broke.
Up 126 now according to FOX business news.
I mean, this is HUGE news!
9.1% unemployment. 117,000 new jobs for the month! Man, you talk about the stimulus success!
I mean, watch Dem declare victory and demand we move on...
__________________
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
Up 126 now according to FOX business news.
I mean, this is HUGE news!
9.1% unemployment. 117,000 new jobs for the month! Man, you talk about the stimulus success!
I mean, watch Dem declare victory and demand we move on...
__________________
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
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The numbers are spun cuz they dont count folks who retire early and folks who exhaust their unemployment benefits...which totalled around 300,000 jobs. 16% of America works part-time, and average full-time is 34 hours. And about 59% of Americans aged 18-65 are working, 41% are not.
koalabear
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Stocks retreat after brief bump from jobs report
The economy adds 117,000 jobs, and the unemployment rate dips to 9.1%. But global slowdown fears persist. LinkedIn posts a surprise profit in its first quarter as a public company.
Updated: 08/05/2011 10:58 ET
DOW 11,342.09 -41.59
The economy adds 117,000 jobs, and the unemployment rate dips to 9.1%. But global slowdown fears persist. LinkedIn posts a surprise profit in its first quarter as a public company.
Updated: 08/05/2011 10:58 ET
DOW 11,342.09 -41.59
RobDownSouth
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Soon Yi says: AJ-San numbah one big fan of China!
http://img.freebase.com/api/trans/image_thumb/en/soon-yi_previn?pad=1&maxheight=110&mode=fillcropmid&maxwidth=110
busybody..
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the COLORED guy smacks up teh WHITE guy
Yesterday: Carney Says “White House Doesn’t Create Jobs” – Today: Obama Says His “Singular Focus” Will Be On Creating Jobs…
Damage control?
(National Journal) — President Obama sought to reassure Americans that the recent economic turmoil will settle and that the country is on the road to recovery, despite a spate of bad economic news from the last few weeks that concluded in a major drop in the markets.
“We are going to get through this. Things will get better. We’re going to get there together,” Obama told a crowd of veterans at the Washington Navy Yard Friday, where he was speaking about lowering unemployment among the nation’s veterans. Neither he nor any member of the administration commented after the Dow plunged over 500 points Thursday, and Obama avoided addressing the market crash directly.
“There is no doubt this has been a tumultuous year,” said Obama. “My singular focus is the American people. Getting the unemployed back on the job.”
He called for Democrats and Republicans to do a better job of working together after a “divisive” and “delayed” process to negotiate a compromise on deficit reduction. “If we want our businesses to have the confidence they have to get cash off the sidelines and invest and hire, we have to do better than that. We’ve got to be able to work together to grow the economy right now, and strengthen our long term finances. That’s what the American people expect of us,” Obama said.
Yesterday’s Carney blunder:
(Business Insider) — As President Barack Obama once again pivots to focus on economic growth, Press Secretary Jay Carney declared Thursday that “the White House doesn’t create jobs.”
While undoubtedly true, it was certainly not a sentiment Obama wants to project as Republicans ratchet up criticism of his leadership on economic issues, and his presidential campaign kicks into high gear.
After a month devoted to raising the debt limit, on Tuesday Obama announced a new focus on boosting employment — at least his seventh such announcement in his presidency.
Facing tough questions from reporters on what Obama is doing to create jobs today, Carney responded that Obama was meeting with senior advisors to plot a way forward on the issue.
Yesterday: Carney Says “White House Doesn’t Create Jobs” – Today: Obama Says His “Singular Focus” Will Be On Creating Jobs…
Damage control?
(National Journal) — President Obama sought to reassure Americans that the recent economic turmoil will settle and that the country is on the road to recovery, despite a spate of bad economic news from the last few weeks that concluded in a major drop in the markets.
“We are going to get through this. Things will get better. We’re going to get there together,” Obama told a crowd of veterans at the Washington Navy Yard Friday, where he was speaking about lowering unemployment among the nation’s veterans. Neither he nor any member of the administration commented after the Dow plunged over 500 points Thursday, and Obama avoided addressing the market crash directly.
“There is no doubt this has been a tumultuous year,” said Obama. “My singular focus is the American people. Getting the unemployed back on the job.”
He called for Democrats and Republicans to do a better job of working together after a “divisive” and “delayed” process to negotiate a compromise on deficit reduction. “If we want our businesses to have the confidence they have to get cash off the sidelines and invest and hire, we have to do better than that. We’ve got to be able to work together to grow the economy right now, and strengthen our long term finances. That’s what the American people expect of us,” Obama said.
Yesterday’s Carney blunder:
(Business Insider) — As President Barack Obama once again pivots to focus on economic growth, Press Secretary Jay Carney declared Thursday that “the White House doesn’t create jobs.”
While undoubtedly true, it was certainly not a sentiment Obama wants to project as Republicans ratchet up criticism of his leadership on economic issues, and his presidential campaign kicks into high gear.
After a month devoted to raising the debt limit, on Tuesday Obama announced a new focus on boosting employment — at least his seventh such announcement in his presidency.
Facing tough questions from reporters on what Obama is doing to create jobs today, Carney responded that Obama was meeting with senior advisors to plot a way forward on the issue.
busybody..
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NIGGER doesnt learn
NIGGER=REE TARD
Obama: Extending Unemployment Benefits Will “Create Jobs Right Now”…
Apparently he doesn’t learn from his mistakes.
“So, when Congress gets back in September I want to move quickly on things that will help the economy create jobs right now. Extending the payroll tax credit to put a thousand dollars in the pocket of the average American worker. Extending unemployment insurance to help people get back on their feet. Putting construction workers back to work rebuilding America.”
NIGGER=REE TARD
Obama: Extending Unemployment Benefits Will “Create Jobs Right Now”…
Apparently he doesn’t learn from his mistakes.
“So, when Congress gets back in September I want to move quickly on things that will help the economy create jobs right now. Extending the payroll tax credit to put a thousand dollars in the pocket of the average American worker. Extending unemployment insurance to help people get back on their feet. Putting construction workers back to work rebuilding America.”
koalabear
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busybody..
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hey
how soone before the
NIGGERS and NIGGERETTES
and
NIGGER WANNA BEES
and
NIGGER DEFENDERS
say
and
NIGGER WANNA BEES
and
NIGGER DEFENDERS
say
DOW JONES?
White guys are killing the market to hurt Obama cause he is BLACK
if it wasnt DOW JONES but SANFORD AND SON
All would be well
HOW SOON?
busybody..
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richard_daily
Slut Whisperer
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All of these wingnuts are on ignore... can someone let me know if they're talking about today's favorable jobs report?
Something tells me that they're not, but I was just curious.
Something tells me that they're not, but I was just curious.
garbage can
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busybody..
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All of these wingnuts are on ignore... can someone let me know if they're talking about today's favorable jobs report?
Something tells me that they're not, but I was just curious.
what a fucking loser you are
koalabear
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He knows that, that's why he is here trolling for a date.
busybody..
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the problem is YOU
cause YOU post NEWS
if you wouldnt post NEWS
there would be no PROBLEM
I BLAM YOU!
koalabear
~Armed and Fuzzy~
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the problem is YOU
cause YOU post NEWS
if you wouldnt post NEWS
there would be no PROBLEM
I BLAM YOU!
It's not all bad news.
Updated: 08/05/2011 04:00 ET
DOW 11,444.15 +60.47
busybody..
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It's not all bad news.
Updated: 08/05/2011 04:00 ET
DOW 11,444.15 +60.47
two WHITE boys
STANDARD and POORS are gonna downgrade the US any second
We need COLOREDS maybe Mfume and Shamfu Jackson
busybody..
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Who Would Lend To A Nigger?
Govt official: US expecting S&P downgrade
August 05, 2011 4:51 PM
A government official tells ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor’s to downgrade the rating of US debt from its current AAA value.
Officials reasons given will be the political confusion surrounding the process of raising the debt ceiling, and lack of confidence that the political system will be able to agree to more deficit reduction. A source says Republicans saying that they refuse to accept any tax increases as part of a larger deal will be part of the reason cited.
The official was unsure if the bond rating would be AA+ or AA.
-Jake Tapper (@jaketapper)
Govt official: US expecting S&P downgrade
August 05, 2011 4:51 PM
A government official tells ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor’s to downgrade the rating of US debt from its current AAA value.
Officials reasons given will be the political confusion surrounding the process of raising the debt ceiling, and lack of confidence that the political system will be able to agree to more deficit reduction. A source says Republicans saying that they refuse to accept any tax increases as part of a larger deal will be part of the reason cited.
The official was unsure if the bond rating would be AA+ or AA.
-Jake Tapper (@jaketapper)
busybody..
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mercury14
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Now Bloomberg, Forbes, and the Wall Street Journal are just liberal rags, huh? When did this start? The only "real" business news comes from your friend. Wait, is this your world-famous psychologist friend?
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