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

[RobDownSouth]

It's NOT THEIR FAULT!

Especially since "looser" is not a word that is auto-corrected when you type in "loser" on an android tablet.

Typical right wing lack of taking responsibility. You see it here every day.

Personal responsibility to a Lit wingnut is like garlic to a vampire.

Also, a bad carpenter blames his tools.

 

[trysail]

Reagan taught us it works just fine though. Except taxes under his administration were even higher.

Wrong......, again.



You really are an economic idiot. In fact, you remind me of what folk in the stock market call a "wrong way indicator." You've got a track record that is nearly perfectly wrong. It's uncanny; it's incredible; it approaches funny. All anybody has to do is find out what your opinion is on a matter of economics and— in order to be correct— simply believe and do the opposite.

 

[koalabear]

Personal responsibility to a Lit wingnut is like garlic to a vampire.

Also, a bad carpenter blames his tools.

http://i305.photobucket.com/albums/nn233/koalabear_photo/haha4.gif

 

[mercury14]

Wrong......, again.



You really are an economic idiot. In fact, you remind me of what folk in the stock market call a "wrong way indicator." You've got a track record that is nearly perfectly wrong. It's uncanny; it's incredible; it approaches funny. All anybody has to do is find out what your opinion is on a matter of economics and— in order to be correct— simply believe and do the opposite.

Capital gains taxes under Saint Ronnie were the same as the marginal income tax rate. Which was higher than today's 15%.

 

[bra_man69]

http://i305.photobucket.com/albums/nn233/koalabear_photo/haha4.gif

Coming from him it's kinda funny right
He talks about personal responsibility but yet looks to the government for everything.

 

[koalabear]

Coming from him it's kinda funny right
He talks about personal responsibility but yet looks to the government for everything.

Yep.

 

[NeverEndingMe]

Speaking of "loosers", here's koalabear!

gotta get you some of that welfare

 

[richard_daily]

gotta get you some of that welfare

Are you taking your lying lessons from Mitt Romney?

What do you do again for a living?

Oh that's right... nothing.

 

[NeverEndingMe]

Are you taking your lying lessons from Mitt Romney?

What do you do again for a living?

Oh that's right... nothing.

don't be a hater, you being a lover of all things welfare. lets not talk about the lies from obama or the fact that the economy is not improving under the obama

 

[NeverEndingMe]

Personal responsibility to a Lit wingnut is like garlic to a vampire.

Also, a bad carpenter blames his tools.

"its not their fault" now you sound like Obama

 

[RobDownSouth]

Buried in the unemployment numbers from the most recent BLS report was an adjustment upwards of 386,000 more employed people than previously acknowledged.

This systemic underreporting for the past six months has given ammunition to the 4est_4est_Gumps of the world, who have been yammering ceaselessly about "jobless recoveries".

Now that we know otherwise, we should assume that the 4est_4est_Gumps of this board will claim they never said what they said, even though everyone knows they said it.

Right?

Derp.

 

[richard_daily]

don't be a hater, you being a lover of all things welfare. lets not talk about the lies from obama or the fact that the economy is not improving under the obama

What do you do for a living?

 

[Busybody]

http://sphotos-a.xx.fbcdn.net/hphotos-snc6/189259_10152164233360494_798021725_n.jpg

 

[unregistered]

 

[bra_man69]

Wasn't that the the biggest move in 29 years?

873,000 jobs were created
last month. Very close to one million
jobs. That's not unprecedented; it
happened last in 1983.

Only thing is, when that happened in
1983, that was in the first blast of the
Reagan boom, and the country's
Gross Domestic Product was growing
at a blistering 9.3% rate.

Current rate of GDP growth?
Something like 1.3%.

Jumps almost as big as this one (but
not quite) have happened when the
GDP growth rate was 5% or so.

But at the 1.3% level? At this level of
economic growth -- not even enough
to keep up with population growth--what exactly would be driving the
employment train?

If anyone's too young too know, let
me explain to you what a 1983
economy feels like: It feels like the
movie Wall Street. As Adam Carolla
says, "pre-AIDS, mid-coke." Poppy
music on the Blaupunkt. People buy
plastic watches to wear on their
ankles and in their hair. The world is
your Cinnabon's.

It's the kind of economy where you
sort of have some leverage with your
boss because the economy's so hot
that labor is a seller's, not buyer's
market.

Not just for good jobs. For crap jobs
too. A sizzling economy makes a lot
of crap jobs. So you can quit your job
and have a pretty good idea you'll
have a new one in a couple of weeks.

Is that the way the third quarter of
2012 feels to people?

So. You can buy that this number is
real, and we all just missed the signs
of a 9.3% growth spurt, or you can
wonder if maybe this isn't just an
"implausible statistical quirk," as one
analyst calls it. Every poll -- and
that's what the household survey is,
a big poll -- is subject for the
occasional outside-the-MoE error.

You don't even have to think Obama
cooked the books (though Jay Cost
reminds that that does happen) to
look at the number with suspicion.

The economy simply did not add
873,000 jobs last month. It simply did
not. The payroll survey says it added
a mere 114,000.

There is absolutely no confirmatory
data suggesting that the 873,000
number is right and the 114,000
number is wrong. As one guy asked
on Twitter -- did payroll taxes jump
up past month?

It's either a lucky outlier for Obama -- or luck had nothing to do with it --but it doesn't represent current
economic conditions.

If Obama and Solis really believed
the economy grew 873,000 jobs, why
aren't they celebrating that? Why
aren't they bragging about it? Why
aren't they doubting the 114,000
figure, and noting the 700,000 in
undercounted jobs they should be
getting credit for?

Answer: Because they know it's
ridiculous.

 

[mercury14]

LOL at Republicans wanting to be taken seriously in regards to math.

 

[Ham Murabi]

LOL at Republicans wanting to be taken seriously in regards to math.

LOL at Democrats desperately wanting the media to manufacture some positive economic news since team Obama is deliberately clueless.
My God, lame-ass Democrats are celebrating because the jobless rate (with a huge asterisk) finally got below 8 percent. They'll wet their pants if enough people quit looking for work and the rate drops to 7.6 percent.

 

[RobDownSouth]

LOL at Democrats desperately wanting the media to manufacture some positive economic news since team Obama is deliberately clueless.
My God, lame-ass Democrats are celebrating because the jobless rate (with a huge asterisk) finally got below 8 percent. They'll wet their pants if enough people quit looking for work and the rate drops to 7.6 percent.

"True Believers" like Ham Murabi live their lives uncluttered by non-necessities such as "facts" and "reality".

Derp.

 

[richard_daily]

Don't worry, in a week, all the wingnuts will declare that they never said that the numbers were fraudulent, and tell everyone who calls them a liar that they're delusional, and go upon about their way... just like Obama's $200 million dollar trip to India, he's a kenyan, muslim, marxist, etc...

All stuff that wingnuts won't back up, know isn't true, but repeat until their minders stop telling them to.

 

[IrezumiKiss]

https://pbs.twimg.com/media/A4jN5EVCcAAtmfJ.png:large

This is why we need #SesameStreet. So right-wingers can learn to spell "Washington". Brought to you by the letter 'G'.

http://t.co/JMRRPlWR

 

[Busybody]

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): 2012′s Sure Losers—Young People: “Hi, I’m Marty and I’ll be your waiter for the next 40 years.” “What these numbers show is a process of political disconnection among under-30s. And why not? This is the bitter fruit of a reality familiar across low-growth Western Europe: Youth unemployment is breeding youth disengagement. Over the past four years, the unemployment rate for Americans age 16 to 24 has been twice the rate for the general population. Currently it’s about 17%. For young blacks it’s 28%. . . . Western Europe is about a decade ahead of the U.S. in showing the path downward once a low economic-growth rate gets locked in, as may be happening here. Where we could be headed politically was suggested by a small but telling story this week from France, where chronically high youth unemployment sits at about 22%.”

Redistribution always ends this way.

 

[Busybody]

IT’S NOT JUST THE NUMBER OF JOBS: Questions About The Quality Of Jobs Being Created.



One word is polarization. That word appeared in the minutes of the most recent meeting of the Federal Reserve‘s monetary policy setting Federal Open Market Committee. The meeting, where the Fed decided it had to ease policy more to help the stubborn unemployment problem, took place Sept. 12-13. The minutes were released Thursday.

“It was also suggested that there was an ongoing process of polarization in the labor market, with the share of job opportunities in middle-skill occupations continuing to decline while the shares of low and high skill occupations increased.”

That’s the quote from the Fed minutes, in the context of the policymakers’ discussion and debate of slack in the jobs arena. Ultimately, of course, the Fed decided to aggressively ease, though some observers have questioned the central bank’s ability to significantly influence hiring through a bond-buying regime.

Presumably, monetary policy isn’t designed to affect polarization. Long-term issues about public education, access to higher education, tax policy, start-up incentives, trade issues and more help determine what sorts of jobs are created and who is qualified to fill them.

The other phrase of interest Friday is part time. Analysts and others poring over the September jobs data, which showed a rise in total employment by 873,000, according to the Labor Department’s survey of households, have noted a big increase in part-time positions among those who would prefer full-time employment.

Based on Labor data, there were some 582,000 new part-time jobs created that are included in the Labor category of “part time for economic reasons.”

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

 

[Busybody]

LOL at Republicans wanting to be taken seriously in regards to math.

yeah, you guyz do EBON ICKS MAFF reall good, right SCHMUCK

 

[jeninflorida]

Don't worry, in a week, all the wingnuts will declare that they never said that the numbers were fraudulent, and tell everyone who calls them a liar that they're delusional, and go upon about their way... just like Obama's $200 million dollar trip to India, he's a kenyan, muslim, marxist, etc...

All stuff that wingnuts won't back up, know isn't true, but repeat until their minders stop telling them to.

Do you think America is going in the right direction. YES or NO ????

 

[Beco]

Do you think America is going in the right direction. YES or NO ????

My guess is, he says, YES!