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

[Sean Renaud]

People in civilised countries read stuff like this and go, "W.T.F?"

Bitch didn't some football thugs burn half your country down a few months ago over PS3 sales or some shit?

 

[fuckwaffle]

Which Obama policies caused that?

Can we blame the next Republican President for the costs of Obamacare?

Why, you're already blaming a past Republican President for what's happening 3 years after he left office.

 

[mercury14]

Why, you're already blaming a past Republican President for what's happening 3 years after he left office.

So you can't name any Obama policies which caused +6 trillion in debt?

 

[Sean Renaud]

Why, you're already blaming a past Republican President for what's happening 3 years after he left office.

He's the cause for a lot of what's going on.

 

[Adre]

No stock market updates from the RW circle jerk tonight? Where are you?

 

[Busybody]

So you can't name any Obama policies which caused +6 trillion in debt?

again with the names?

did it

or did it NOT

increase by that much

 

[Beco]

He's the cause for a lot of what's going on.

Kind of, but Clinton set a lot of this in motion as well. Plently of blame to pass around

 

[Sean Renaud]

And the do nothing congress is doing a lot to keep things here. Besides most people on the right don't even blame Clinton because claiming that deregulating the banks wasn't a brilliant plan isn't in the play book. Better to blame Carter and coloreds.

 

[Beco]

And the do nothing congress is doing a lot to keep things here. Besides most people on the right don't even blame Clinton because claiming that deregulating the banks wasn't a brilliant plan isn't in the play book. Better to blame Carter and coloreds.

and the Jews....lets not forget the Jews

 

[Sean Renaud]

The Jews are faultless. They could literally oppress an entire population and America would find a way to blame it on the oppressees.

 

[bra_man69]

http://i50.tinypic.com/14w6df9.jpg

 

[4est_4est_Gump]

No stock market updates from the RW circle jerk tonight? Where are you?

Make my dreams come true...

lol

Like that inflation?

Good for those at the top, bad for us down on the bottom...

 

[4est_4est_Gump]

And the do nothing congress is doing a lot to keep things here. Besides most people on the right don't even blame Clinton because claiming that deregulating the banks wasn't a brilliant plan isn't in the play book. Better to blame Carter and coloreds.

Coloreds?

Where you born during WWII?

 

[4est_4est_Gump]

If you walk away, walk away

I walk away, walk away - I will follow

If you walk away, walk away

I walk away, walk away - I will follow
I was on the inside

When they pulled the four walls down

I was looking through the window

I was lost - I am found
Walk away, walk away

I walk away, walk away - I will follow
http://globaleconomicanalysis.blogspot.com/

 

[Beco]

The Jews are faultless. They could literally oppress an entire population and America would find a way to blame it on the oppressees.

if Palestinians or Hamas or whoever is running them declared a genuine peace, and it stuck, this oppression you speak of, would stop. With cheap labor the Palestinians offer, everyone would come running, China, the US, everyone....

 

[RobDownSouth]

teh Jews are faultless. They could literally oppress an entire population and America would find a way to blame it on teh oppressees.

<zipmode>
You....you....PALESTINIAN SUPPORTER!!
</zipmode>

Make my dreams come true...

lol

Like that inflation?

Good for those at teh top, bad for us down on teh bottom...

LOL...whut inflation?

Oh..... THAT inflation!

 

[Busybody]

so employment goes up by LESS than half the ecpectation

and

the unemployemnt rate goes down?



I GUESS THE LIES START, THE BLACK MAN MUST BE RE-RELECTED

 

[Busybody]

WASHINGTON (MarketWatch) -- Job growth slowed sharply in August, the Labor Department said Friday. Total nonfarm payrolls increased by 96,000, lower than the 125,000 gain expected by Wall Street economists. Adding to the sense of weakness, job growth in the past two months were revised down by 41,000. The unemployment rate declined to 8.1% in August from 8.3% in the previous month but the drop was due to a smaller labor force. Economists forecast the unemployment rate to hold steady at 8.3%. Average hourly earnings were flat at $23.52. Earnings are up 1.7% in the past year. The average workweek was unchanged at 34.3 hours.

 

[Busybody]

soon everyone will stop looking for work

the rate will fall to 3%

and the FUK will be a HERO

 

[4est_4est_Gump]

Smaller Labor Force?

4.5 million "NEW" jobs not enough?

http://si.wsj.net/public/resources/images/ED-AP726_1wedge_D_20120905181504.jpg

I guess Obama's Plan really did work and out here in the Private Sector we're doing fine!

Sounds like a real good time to raise taxes and get us some new revenue coming in to spend on the 2014 elections!

 

[4est_4est_Gump]

soon everyone will stop looking for work

the rate will fall to 3%

and the FUK will be a HERO

Why not? I get free food, free money, free education, free health care, free contraception and abortion when I knock some slut up...

All I need now is free housing!

 

[RobDownSouth]

First of all, thank you for noting a three-month trend. So many slack-jawed mouthbreathers here (I'm lookin' at you, AJ) see a single data point (i.e. one month's data) and commence bitching and moaning.

Now then...

teh ISM trendline typically deals between a range of 40 to 60, below 40 is a depression, above 60 is tulip-mania. 40 to 43 is usually a recession.

teh trend over teh past two years has been right around 50 to 52, a rather anemic recovery. teh three-month trend has been about 49.2 to 49.6 which indicates a stalling recovery and can be cause for concern.

Hmmmm UPON FURTHER REVIEW...

The ISM reported manufacturing jobs declined....

BUT at the same time, the hiring in service-sector jobs has gone into "full expansion" territory, rising 52.6 rating in July to a very healthy 53.7in August

 

[Beco]

Hmmmm UPON FURTHER REVIEW...

The ISM reported manufacturing jobs declined....

BUT at the same time, the hiring in service-sector jobs has gone into "full expansion" territory, rising 52.6 rating in July to a very healthy 53.7in August

Wow!!! WE're back!!! Yeah!!!!!!

 

[Busybody]

UPDATE: Workforce hits 30-year low.“That’s a new 30-year low in the civilian participation rate, lower than April’s 63.6%. That’s the reason for the decline in the jobless rate. The workforce decline artificially depresses the official unemployment rate. If we had the same level of civilian participation as we did at the beginning of the recovery in June 2009 (65.7%), we’d be looking at a jobless rate of well over 10%. The employment-population ratio dropped to 58.3% in August, not as low as last year’s 58.2%, but still bouncing along a generational bottom. That measure was 59.4% at the beginning of the recovery.”

“If Obama can get everyone out the the workforce, the unemployment rate will be 0%!!”

Also: Unemployment rises in every major market since recession. Are we really even in a “recovery?”

 

[Busybody]

Indeed. Also, from Points and Figures:



The unemployment numbers were released this morning. They were not as good as expected. Pretty horrible actually. Some of the comments from pundits ahead of the number were interesting. Diane Swonk said, “I never thought I’d be reading political briefs to make my decisions on investing.”. She and I both. It’s a weird time.

Our labor participation rate is horrific. It almost looks to me like government employees are messing with that number in order to change the headline percentage number. Older statistics were revised down. It’s not as if we haven’t seen manipulation in other areas of the bureaucracy. We are stymied with current policy on unemployment.

This number won’t have an effect on voting booths in November. Americans know the economy is shit. What is anyone going to do about it?

The way out of our situation is growth. In order for America to resume a typical growth path, we need to create around 300K jobs per month or more. That level of job creation will drop the unemployment rate at a good clip over time.

John Galt was unavailable for comment.