It's An Unemployment Miracle!

[Pookie]

Nonsense. Obama is about 50% and within the margin of error. Get your nose outta Robs ass.

Do you even know what InTrade is?

 

[RobDownSouth]

Irony, Literotica GB Style....

You are too emotionally and intellectually invested in everything Obama to have any kind of truthful examination of the facts concerning his regime.

Ironic. ^^^^^

You are flailing. It is kind of funny.

More Ironic. ^^^^^

You're not even bothering to put the talking points into your own words.

Most Ironic. ^^^^^

 

[RobDownSouth]

How about a graph of the labor force participation rate.

http://data.bls.gov/generated_files/graphics/latest_numbers_LNS11300000_2002_2012_all_period_M09_data.gif

Why isn't that HUGE down tick in the unemployment numbers reflected in a equal up tick in the labor force participation number? Well, that's because the unemployment number reported (U3) is a 'cooked' number. If that number was a true reflection of the employment picture in the United States you would necessarily HAVE to see corresponding changes in the U6 numbers and the labor force participation numbers, those changes are NOT there folks.

Ishmael

Ishmael, every single day you earn your title as Lit's most ignorant son of a bitch.

The reason there is no "equal up tick in the labor force participation number" is NOT because of "cooked" books, it's because of something called the "baby boom".

The first members of the huge growth in the American population ("boomers") were born in 1946, right after World War 2. These boomers were eligible for reduced retirement benefits at age 62 (in 2008) and full retirement benefits at age 65 (in 2011).

Feel free to have your least retarded surviving offspring check my math (obviously this excludes VatAss).

There is NO corresponding 1:1 replacement with the reduced population growth nowadays (thanks to readily available birth control) so the labor force participation rate to decline as more and more boomers line up to suckle Vetteman-like on the governmment teat.

 

[RobDownSouth]

Situational Native American speaks with forked tongue once again!

Promise 5% unemployment...
l

Yesterday you informed us that President Obama "promised" 6% unemployment.

May we assume that tomorrow you'll be telling us with a straight face that President Obama promised us 4% unemployment?

Or will you hold that "fact" back until you need to counter some really, really good economic news?

 

[JohnnySavage]

I don't see that anyone has mentioned that 10K baby boomers a day move from the work force to Social Security. Isn't that 300,000 of the people no longer in the work force?

 

[RobDownSouth]

I don't see that anyone has mentioned that 10K baby boomers a day move from the work force to Social Security. Isn't that 300,000 of the people no longer in the work force?

Have me on ignore, do you? Look up two posts.

 

[Pookie]

I don't see that anyone has mentioned that 10K baby boomers a day move from the work force to Social Security. Isn't that 300,000 of the people no longer in the work force?

There are predictions out there that the participation rate will continue to decline over the next several decades specifically because of baby boomers. There is likely to be little bounce back in the participation rate during the recovery because of that very thing alone. It was already declining due to demographics.

 

[Pookie]

Have me on ignore, do you? Look up two posts.

I'm a little surprised Ish posted what he did. Has he become that unprepared with his arguments lately? I haven't been around much to watch.

 

[JohnnySavage]

Have me on ignore, do you? Look up two posts.

I missed the PM and thought it was my turn to say something smart.

 

[RobDownSouth]

I missed the PM and thought it was my turn to say something smart.

Recheck the schedule. I have you down for witty commentary from 9-11 today, sharp rebukes from 11-1, and on-call for derision and hoots when Vetty finally sobers up today.

 

[JAMESBJOHNSON]

I don't see that anyone has mentioned that 10K baby boomers a day move from the work force to Social Security. Isn't that 300,000 of the people no longer in the work force?

Yep. And if they work part-time at WALMART greeting they get counted as employed. Theyre Obama Twofers.

 

[JAMESBJOHNSON]

Do you even know what InTrade is?

InTrade isnt a kosher poll, birdbrain. Its some Happy Horseshit made for numnutz like you.

 

[Pookie]

InTrade isnt a kosher poll, birdbrain. Its some Happy Horseshit made for numnutz like you.

I didn't call it a poll. I didn't even describe it as one. It isn't one. Do you even know what it is?

 

[JohnnySavage]

I didn't call it a poll. I didn't even describe it as one. It isn't one. Do you even know what it is?

I made a thread on it the other day but it died a peaceful death.

 

[lovecraft68]

Something else that does and will continue to keep the unemployment rate high is temp agencies.

In RI we have a lot of Spanish people many of them come over here and the temp agency pays their bond. They then work for the temp agency who then pays them.

When my company gets busy even if it for months at a time rather than hire they bring in a bunch of these people making minimum wage(although the agency is getting at least $3-4 per hour for themselves over that)

They will keep them for months then cut them loose. This way they don;t have to (God forbid) hire anyone.

Most of these people do not have legal status(as my company has tried to actually hire a couple of them because they will work for shit money) but yet are filling up all the factories in the state.

Two years ago Immigration showed up out of the boue and took about a dozen of them out of the factory.

This is who is working here and taking jobs.

But I guess if we say anything about it we must be racist or inhumane, heaven forbid we take someone here illegally and send them away instead we give them our friends and family members jobs.

 

[zipman]

You are flailing. It is kind of funny.

Oh, the irony.

If you thought that was irony...

You're not even bothering to put the talking points into your own words.

This made my morning.

 

[Pookie]

I made a thread on it the other day but it died a peaceful death.

I'm not surprised. I'm sure once the wingnuts found out that traders are betting money on an Obama win that they ran from it as fast as they could.

 

[Pookie]

If you thought that was irony...



This made my morning.

He does have the way of excelling at what he does.

 

[mercury14]

And you've figured in demographic factors such as the baby boomers into that .... how?

Ishmael's theory depends on denying the existence of the baby boomer generation beginning to retire in 2010. The fact that the decline coincides exactly with the baby boomers retiring is just an unrelated coincidence to him.

 

[koalabear]

Cummins spokesman Jon Mills tells The Republic that the company also has reduced the workweek at factories in Jamestown, N.Y., and overseas in Brazil.

The Columbus-based company said last month it had instituted a global hiring freeze after seeing a recent drop in sales in some of its markets in North America, China and Brazil.

 

[phrodeau]

Do you even know what InTrade is?

Sure, let's draw assessments of the political climate from an online casino. It is a horse race after all, right?

 

[RobDownSouth]

Ishmael's theory depends on denying the existence of the baby boomer generation beginning to retire in 2010. The fact that the decline coincides exactly with the baby boomers retiring is just an unrelated coincidence to him.

"Denial" is a core component of the Ishmael Reality Distortion Zone™

 

[Liar]

Cummins spokesman Jon Mills tells The Republic that the company also has reduced the workweek at factories in Jamestown, N.Y., and overseas in Brazil.

The Columbus-based company said last month it had instituted a global hiring freeze after seeing a recent drop in sales in some of its markets in North America, China and Brazil.

Demand side economics. Imagine that.

 

[koalabear]

Demand side economics. Imagine that.

Demand is up! Jobs are up! Imagine that.

 

[Liar]

Demand is up! Jobs are up! Imagine that.

Overall? Fuck yes.
Across the board? Don't be an idiot.