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

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I just tweeted him this


Idea GUY!‏@windoughshopper

@jack_welch we all KNOW the truth and you spoke it....now you will be BOOKERIZED or DELETED from society, TRUTH CANT BE SPOKEN
 
When Obama gutted teh work rules for welfare

It was mandated that reading a computer, helping a neighboor, reading books, is NOW considered work


WONDER HOW MANY ARE NOW COUNTED AS EMPLOYED?
 
"23 million Americans struggling for work", and he only wants to create 12 million jobs? Do the math.

All we need is 12 million jobs paying $433,000 per year each and the deficit is history!

Also, BLS Trutherism is trending on the twitta....

Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers
— Jack Welch (@jack_welch) October 5, 2012
 

Ok, SCHMUCK

I took time away from trading stocks to read that shit

and its still shit

Yes, some States "asked" for waivers....and DHS, gave States the "right" to change and ammend some shit

WINK WINK, NOD NOD.......We ALL know the truth.....

Even Clinton said so, till he was BOOKERIZED,

So STFU, we ALL know the truth

Now FUCK OFF, I GOTTA TRADE!!!!!!!!!!!!!!!!!!:mad:
 
Ok, SCHMUCK

I took time away from trading stocks to read that shit

and its still shit

Yes, some States "asked" for waivers....and DHS, gave States the "right" to change and ammend some shit

WINK WINK, NOD NOD.......We ALL know the truth.....

Even Clinton said so, till he was BOOKERIZED,

So STFU, we ALL know the truth

Now FUCK OFF, I GOTTA TRADE!!!!!!!!!!!!!!!!!!:mad:


And nowhere does it eliminate welfare to work in any way. States can now temporarily waive their welfare to work requirements for a person if they're going to trade school or job training.


These states, some with Republican governors, asked the federal government for more flexibility in how they hand out welfare dollars. Their purpose was to spend less time on federal paperwork and more time experimenting with ways to connect welfare recipients with jobs.

The Obama administration cooperated, granting waivers to some states from some of the existing rules.

The waivers gave "those states some flexibility in how they manage their welfare rolls as long as it produced 20% increases in the number of people getting work."

In some small way, the waivers might change precisely how work is calculated but the essential goal of pushing welfare recipients to work -- something both Democrats and Republicans agreed to in the 1990s -- remains the same.
 
Update II: One of the main reasons the rate fell was because of a surge in part-time jobs.

Via AEI:


Only in an era of depressingly diminished expectations could the September jobs report be called a good one. It really isn’t. Not at all.

1. Yes, the U-3 unemployment rate fell to 7.8%, the first time it has been below 8% since January 2009. But that’s only due to a flood of 582,000 part-time jobs. As the Labor Department noted:

“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose from 8.0 million in August to 8.6 million in September. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.”

2. The broader U-6 rate — which takes into account part-time workers who want full-time work and lots of discouraged workers who’ve given up looking — stayed unchanged at 14.7%. That’s a better gauge of the true unemployment rate and state of the American labor market.
 
Update II: One of the main reasons the rate fell was because of a surge in part-time jobs.

Via AEI:


Only in an era of depressingly diminished expectations could the September jobs report be called a good one. It really isn’t. Not at all.

1. Yes, the U-3 unemployment rate fell to 7.8%, the first time it has been below 8% since January 2009. But that’s only due to a flood of 582,000 part-time jobs. As the Labor Department noted:

“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose from 8.0 million in August to 8.6 million in September. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.”

2. The broader U-6 rate — which takes into account part-time workers who want full-time work and lots of discouraged workers who’ve given up looking — stayed unchanged at 14.7%. That’s a better gauge of the true unemployment rate and state of the American labor market.

Temporary jobs are often the precursor to permanent ones. Want to talk U6? Fine, it's down 1.7% this past year. Stop focusing on single isolated data points and ignoring the trend.

And NOWHERE in this massive RW clusterfuck of spin are we hearing he fact that +418,000 workers joined the labor force. When that number drops we're told it's the main thing we need to be concerned with (not the dropping unemployment rate). When that number rises you disingenuous fucks filter it out and pretend it didn't happen.
 
Temporary jobs are often the precursor to permanent ones. Want to talk U6? Fine, it's down 1.7% this past year. Stop focusing on single isolated data points and ignoring the trend.

And NOWHERE in this massive RW clusterfuck of spin are we hearing he fact that +418,000 workers joined the labor force. When that number drops we're told it's the main thing we need to be concerned with (not the dropping unemployment rate). When that number rises you disingenuous fucks filter it out and pretend it didn't happen.

STFU, SCHMUCK

It was YOU that told us 5% was the WORST ECONOMY since H Hoover and all jobs were burger jobs

and NO, PT is not a precursor, and its also holiday gear up season

SCHMUCK

BTW,

Think Again about That ‘Good’ Jobs Report


By Kevin A. Hassett

October 5, 2012 9:07 A.M.

Comments
12







Today’s jobs report is a classic. The report, of course, reveals the results of two surveys, one of households, one of establishments. The professional economists and the press usually emphasize the establishment survey because it is viewed as less volatile. The establishment survey was terrible. The 114,000 number of jobs created on net in September is well below the average for this year (146,000) and the average for last year (153,000). This is wholly consistent with the story that the economy is decelerating sharply as we head into the fall.

The household survey, on the other hand, portrays a September that was booming, far more so than could possibly be true given the other indicators. According to it, the unemployment rate dropped to 7.8 percent, with total employment jumping by a whopping 873,000. I wish it were true, but it will likely be a blip when we have a few more months of data.

Back when President Bush presided over a jobless recovery, the household survey tended to show better news. At the time, every media organization carefully emphasized the establishment numbers, and warned that the household numbers are suspect. That, of course, is what happens when a Republican is in office. For President Obama, you can expect a household survey lovefest. The AP story that went up at 8:33, of course, emphasized the household survey, even adding, “The decline could help Obama, who is coming off a disappointing debate against Mitt Romney.” Get ready for more of the same.

— Kevin A. Hassett is director of economic-policy studies at the American Enterprise Institute and serves as an economic adviser to the Romney campaign.
 
This is not a partisan matter. Those of us who invest simply want to know what unemployment is as one indicator of economic vitality.

The method of measuring unemployment is unsatisfactory; everybody agrees on that.

Dept of Labor's U-6 is unchanged at 14.7 percent.
 
This is not a partisan matter. Those of us who invest simply want to know what unemployment is as one indicator of economic vitality.

The method of measuring unemployment is unsatisfactory; everybody agrees on that.

Dept of Labor's U-6 is unchanged at 14.7 percent.

U6 Sept 2010: 17.7
U6 Sept 2011: 16.4
U6 Sept 2012: 14.7

Investors seem happy with the direction of these numbers.
 
This is not a partisan matter. Those of us who invest simply want to know what unemployment is as one indicator of economic vitality.

The method of measuring unemployment is unsatisfactory; everybody agrees on that.

Dept of Labor's U-6 is unchanged at 14.7 percent.

One good thing about having a Negro president is that it's forced tertiary tards like L'il Andy to scour the internet to find statistics that reflect poorly on the president.

Unemployment is down!

But hai! U-6! U-6 DAMMIT!
 
The unemployment rate in Ohio is probably going to drop down into the neighborhood of 6.8%/6.9% for the month. I wonder if Mitt is going to change his tune there...
 
The unemployment rate in Ohio is probably going to drop down into the neighborhood of 6.8%/6.9% for the month. I wonder if Mitt is going to change his tune there...

Ohioians may be back to work, but they are still living in Ohio so its a wash.
 
The unemployment rate in Ohio is probably going to drop down into the neighborhood of 6.8%/6.9% for the month. I wonder if Mitt is going to change his tune there...

But you keep on talking about how the Republicans are blocking everything Obama wants to do. So, are you saying that by blocking everything the economy is improving?

If that is the case, shouldn't we not do what Obama wants?
 
But you keep on talking about how the Republicans are blocking everything Obama wants to do. So, are you saying that by blocking everything the economy is improving?

If that is the case, shouldn't we not do what Obama wants?

President Obama is succeeding despite the best efforts of the Godless Rapepublicans. Good always triumphs over evil in the end.
 
But you keep on talking about how the Republicans are blocking everything Obama wants to do. So, are you saying that by blocking everything the economy is improving?

If that is the case, shouldn't we not do what Obama wants?

I'm saying we'd be ahead of where we are now if the Republicans weren't blocking things such as Obama's jobs & infrastructure bill.
 
Temporary jobs are often the precursor to permanent ones. Want to talk U6? Fine, it's down 1.7% this past year. Stop focusing on single isolated data points and ignoring the trend.

And NOWHERE in this massive RW clusterfuck of spin are we hearing he fact that +418,000 workers joined the labor force. When that number drops we're told it's the main thing we need to be concerned with (not the dropping unemployment rate). When that number rises you disingenuous fucks filter it out and pretend it didn't happen.

SCHMUCK,

stop with the DISINGENUOUS shit, you are MR DISINGENUOUS:cool:
 
From SOMEWHERE


The SHIT of OBAMACARE is hitting the fan


It’s always tempting to fall for conspiracy theories, because they explain everything in a nice neat package. So, naturally enough, a lot of people — including Jack Welch, who should know better — are suggesting that today’s unemployment numbers have been manipulated down.

In fact, if you look at the Bureau of Labor Statistics report, it’s unlikely that anything has been manipulated — which would be hard to do without being caught anyway — because you can see exactly how the change happened. Here’s the net-net:

•net 114,000 new full-time jobs
•net 456,000 people who left the unemployed list — discouraged or whatever
net 600,000 people added to part-time workers.

What distinguishes part-time workers from full-time? In general, part-time workers don’t get benefits — like health insurance.




What these numbers seem to be telling us is that it’s too expensive to pay for benefits.
 
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