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

[Adre]

Adre
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what?

koalabear
This message is hidden because koalabear is on your ignore list.

Nothing

 

[bra_man69]

koalabear
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Nothing

Another lie

 

[mercury14]

Not sure where you get that from. The places I look at news are showing changes in the labor force as the reason the U3 number went down. But then I don't visit fox, CNN, msnbc etc very often.

I listen to left, right, and center media. I'm telling you what the RW spin is.

 

[Sean Renaud]

I take it the stock market sucks today?

 

[mercury14]

I take it the stock market sucks today?

Up a hair. But GM went up 4.1% and announced that it plans on hiring another 10,000 workers so our market monkeys are hanging low today.

 

[Busybody]

I listen to left, right, and center media. I'm telling you what the RW spin is.

DOOFUS

 

[Sean Renaud]

Up a hair. But GM went up 4.1% and announced that it plans on hiring another 10,000 workers so our market monkeys are hanging low today.

You know how I know you're full of shit? You still think there is a company called GM. Everybody knows Obama put them out of business for making fuel efficient cars in 2006. Next you'll be telling me there is a channel with Ponies, Sliders, Batman and Hercules. You disgust me.

 

[Busybody]

Up a hair. But GM went up 4.1% and announced that it plans on hiring another 10,000 workers so our market monkeys are hanging low today.

BIG DOOFUS



Oh, of course they are HIRING, they are painting a rosy pic before the election to help FUK, they aint selling carz and will fire 30,000 after FUK is FIRED


DOOFUS

 

[mercury14]

I just put 14 gallons of ethanol in my GM car this morning.

http://www.politicspa.com/wp-content/uploads/2011/06/corn_gas.jpg

 

[bra_man69]

I just put 14 gallons of ethanol in my GM car this morning.

http://www.politicspa.com/wp-content/uploads/2011/06/corn_gas.jpg

And I put 24 gallons of boat grade which is ethanol free in my Ford

 

[Busybody]

I just put 14 gallons of ethanol in my GM car this morning.

http://www.politicspa.com/wp-content/uploads/2011/06/corn_gas.jpg

DOOFUS, TOADFUCK!

 

[Busybody]

well, we ALL know, thanks to DOOFUS, why this is so

cause women are staying home to take care of kids

and men are just staying home to watch the games

Not teh FUK's fault, is it?

RIGHT, DOOFUS?


About That Labor-Force Drop


By James Sherk

September 7, 2012 5:33 P.M.

Comments
4







Unexpectedly weak job growth was not the most troubling part of the August jobs report. Nor was the drop in wages, painful as it is. The most daunting aspect, as Veronique pointed out, is the continued drop in labor-force participation.

Even as the population grew by more than 200,000, the number of Americans working or looking for work fell by 368,000. The 0.2 percentage point drop in labor force participation is the only reason the unemployment rate fell (also by 0.2 points) — those not looking for work don’t count as unemployed.

Since the recession began, labor force participation has fallen by 2.5 percentage points. Today only 63.5 percent of adult Americans are participating in the labor market, the lowest number since September 1981 — a time when far fewer women worked outside the home. If labor-force participation had remained at pre-recession levels, about 5 million more Americans would either have jobs or be looking for them.

In a recent Heritage Foundation study I analyzed the drop in labor force participation. It is not entirely the economy’s fault. Retiring Baby Boomers will cause labor force participation to fall no matter what the economy does.

The table below shows how the labor force has changed from 2007 to 2011. It also shows how the labor market would have changed if demographics hadn’t changed. Demographic factors, like the aging Baby Boomers, explain about one-fifth of the drop in labor-force participation. The rest of the fall results from the weak economy. (Click to enlarge the table.)



Those leaving the labor market are usually either in school or on disability-insurance rolls. Both reflect the economy’s weakness. Many students who would like to find part-time jobs cannot, and have given up looking — they no longer get counted in the labor force. High-school and college enrollment among 16–24 year olds has also risen by 1.2 million. The poor economy has reduced their opportunity cost of going to school; they now give up less potential income to study.

The proportion of Americans collecting disability benefits has also risen. Almost 6 percent of U.S. adults now report being disabled and outside the labor force — 1.5 million more non-workers than if disability rates had stayed constant.

Health care has improved over the past generation, so why the increase? Many workers who apply for disability benefits are not entirely disabled. They have medical conditions that qualify them for benefits, but under other circumstances they could work at some type of job. Given the option of receiving benefits, however, they take them. Very few of these new disability claimants will ever return to the labor force.

The unemployment rate is terrible. But the number of people dropping out of the labor force shows the economy is even worse than it appears.

 

[Busybody]

DOOFONOMICKS


Today’s Jobs Numbers: The Silver Lining


By Peter Kirsanow

September 7, 2012 3:57 P.M.

Comments
0







Most of today’s overly gloomy economic commentary comes from a rather crabbed reading of the jobs report. After all, as chairman of the White House Council of Economic Advisors Alan Krueger said in reaction to the 43rd consecutive month of unemployment above 8 percent, we shouldn’t read too much into just one monthly jobs report.

Instead, look at the bright side. If Americans continue to give up looking for work at a rate of 370,00 per month, the unemployment rate will likely fall below 6 percent by the end of a second Obama term. As Joe Scarborough proclaimed about today’s report, “This is good news for the president.”

Obama-Biden: Full employment through unemployment.

 

[unregistered]

 

[bra_man69]

Only the government will be working and paying for it with Monopoly money.

Let me ask you this vet, what would happen if the government told the fed to go pound sand
Not that it happen.

 

[mercury14]

And I put 24 gallons of boat grade which is ethanol free in my Ford

How do you know some prehistoric proto-corn didn't make its way into that petroleum though?

 

[unregistered]

 

[bra_man69]

How do you know some prehistoric proto-corn didn't make its way into that petroleum though?

I know the owner of the petroleum company and it's not added because the gas sold at a lake marina it cost little more but I'll pay it I get 21 miles a gallon.
My truck is flex fuel they sale e 85 at Kroger's here I get 17 a gallon and it's not any cheaper.

 

[bra_man69]

You mean like Kennedy and Lincoln did? They'd probably wind up getting shot.

Andrew Jackson in 1835 (opposed a private national bank), Abraham Lincoln in 1865 (opposed a private national bank), James Garfield in 1881 (opposed a private national bank), William McKinley in 1901, Harry S. Truman in 1950, John F. Kennedy in 1963 (opposed a private national bank), Richard Nixon in 1974, Gerald Ford twice in 1975, and Ronald Reagan in 1981 (opposed a private national bank

There's a website I came across it's pretty nutty on a lot of things but check this one part good read.
http://www.libertyforlife.com/banking/federal_reserve_bank.html

 

[4est_4est_Gump]

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?”

I see Throb cheering the loss of good-paying jobs for the increase in burger-flipping jobs.

Nothing like a good Democrat 180° to put a smile on my face in the morning...

We'll pay all those people who quit looking in multipliers!

We'll be multiplying the new prosperity!

 

[4est_4est_Gump]

well, we ALL know, thanks to DOOFUS, why this is so

cause women are staying home to take care of kids

and men are just staying home to watch the games

Not teh FUK's fault, is it?

RIGHT, DOOFUS?


About That Labor-Force Drop


By James Sherk

September 7, 2012 5:33 P.M.

Comments
4







Unexpectedly weak job growth was not the most troubling part of the August jobs report. Nor was the drop in wages, painful as it is. The most daunting aspect, as Veronique pointed out, is the continued drop in labor-force participation.

Even as the population grew by more than 200,000, the number of Americans working or looking for work fell by 368,000. The 0.2 percentage point drop in labor force participation is the only reason the unemployment rate fell (also by 0.2 points) — those not looking for work don’t count as unemployed.

Since the recession began, labor force participation has fallen by 2.5 percentage points. Today only 63.5 percent of adult Americans are participating in the labor market, the lowest number since September 1981 — a time when far fewer women worked outside the home. If labor-force participation had remained at pre-recession levels, about 5 million more Americans would either have jobs or be looking for them.

In a recent Heritage Foundation study I analyzed the drop in labor force participation. It is not entirely the economy’s fault. Retiring Baby Boomers will cause labor force participation to fall no matter what the economy does.

The table below shows how the labor force has changed from 2007 to 2011. It also shows how the labor market would have changed if demographics hadn’t changed. Demographic factors, like the aging Baby Boomers, explain about one-fifth of the drop in labor-force participation. The rest of the fall results from the weak economy. (Click to enlarge the table.)



Those leaving the labor market are usually either in school or on disability-insurance rolls. Both reflect the economy’s weakness. Many students who would like to find part-time jobs cannot, and have given up looking — they no longer get counted in the labor force. High-school and college enrollment among 16–24 year olds has also risen by 1.2 million. The poor economy has reduced their opportunity cost of going to school; they now give up less potential income to study.

The proportion of Americans collecting disability benefits has also risen. Almost 6 percent of U.S. adults now report being disabled and outside the labor force — 1.5 million more non-workers than if disability rates had stayed constant.

Health care has improved over the past generation, so why the increase? Many workers who apply for disability benefits are not entirely disabled. They have medical conditions that qualify them for benefits, but under other circumstances they could work at some type of job. Given the option of receiving benefits, however, they take them. Very few of these new disability claimants will ever return to the labor force.

The unemployment rate is terrible. But the number of people dropping out of the labor force shows the economy is even worse than it appears.

Bears repeating.

Fore more years!

 

[RobDownSouth]

I see Throb cheering teh loss of good-paying jobs for teh increase in burger-flipping jobs.
Nothing like a good Democrat 180° to put a smile on my face in teh morning...
We'll pay all those people who quit looking in multipliers!
We'll be multiplying teh new prosperity!

Didja happen to see the cross-tabs from teh jobs report?

(Silly question, of course you didn't....you're a "big picture" guy who can't be bothered with stuff like "truth" and "details")

Anyway, if you look at teh 25-65 age demographic (in other words, factor out recent college grads entering teh work force), the numbers are quite striking:

• High school education or less...jobs shrunk by 637,000.
• Some college or moar....jobs grew by 707,000.

Since research has shown over and over that the moar education you have, the moar likely you are to vote Democratic, it would appear that Republicans and Glibertarians are the ones unable to find work.

 

[mercury14]

I know the owner of the petroleum company and it's not added because the gas sold at a lake marina it cost little more but I'll pay it I get 21 miles a gallon.
My truck is flex fuel they sale e 85 at Kroger's here I get 17 a gallon and it's not any cheaper.

The Krogers I get my E-85 from sells it like 60 cents cheaper. Yours is the same?

 

[Beco]

Didja happen to see the cross-tabs from teh jobs report?

(Silly question, of course you didn't....you're a "big picture" guy who can't be bothered with stuff like "truth" and "details")

Anyway, if you look at teh 25-65 age demographic (in other words, factor out recent college grads entering teh work force), the numbers are quite striking:

• High school education or less...jobs shrunk by 637,000.
• Some college or moar....jobs grew by 707,000.

Since research has shown over and over that the moar education you have, the moar likely you are to vote Democratic, it would appear that Republicans and Glibertarians are the ones unable to find work.

Jobs reports is bad news for Obama, no mater how you spin it. Obama may be looking forward, but we're all going backwards. Romney may actually win this, lets hope and pray!

 

[unregistered]