Dave_In_Norfolk Posted February 16, 2012 Share Posted February 16, 2012 http://finance.yahoo.com/news/jobless-claims-drop-near-4-133321128.html WASHINGTON (Reuters) - The number of Americans filing for new unemployment benefits unexpectedly fell to a near four-year low last week, suggesting the labor market recovery was quickening. Other data on Thursday showing solid expansion in factory activity in the Mid-Atlantic area this month and builders breaking more ground on new residential projects in January offered more evidence of a sustained momentum in the economy. Oh ya! Link to comment Share on other sites More sharing options...
Bigfatbillsfan Posted February 17, 2012 Share Posted February 17, 2012 http://finance.yahoo.com/news/jobless-claims-drop-near-4-133321128.html Oh ya! Remember though. This isn't real. It's all just a conspiracy by the MSM to make Obama look better If we were to take the number of people who did file for unemployment, divide it by the Number of jobs lost + loss of GDP - Romney's IQ and carry the 4 you'll find out that more people left the work force this past month so the fact that the economy produced more jobs is bunk. Link to comment Share on other sites More sharing options...
Magox Posted February 17, 2012 Share Posted February 17, 2012 Remember though. This isn't real. It's all just a conspiracy by the MSM to make Obama look better If we were to take the number of people who did file for unemployment, divide it by the Number of jobs lost + loss of GDP - Romney's IQ and carry the 4 you'll find out that more people left the work force this past month so the fact that the economy produced more jobs is bunk. Wow! I refrained, but I guess this proves it, you're DiN² Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 17, 2012 Author Share Posted February 17, 2012 Remember though. This isn't real. It's all just a conspiracy by the MSM to make Obama look better If we were to take the number of people who did file for unemployment, divide it by the Number of jobs lost + loss of GDP - Romney's IQ and carry the 4 you'll find out that more people left the work force this past month so the fact that the economy produced more jobs is bunk. Ha ha! You forgot the government has fixed the numbers It should also be noted that Government, I mean General Motors, had a record profitable year and their stock shot up eight percent today. All lies, of course, but there it is Link to comment Share on other sites More sharing options...
....lybob Posted February 17, 2012 Share Posted February 17, 2012 Most of the economic data is massaged, unemployment, inflation, GDP, etc etc, it didn't start with Obama and it's not just the U.S. and not it's not just government figures as there have been an increasing number of restatement of earnings for American S&P 1500 companies. Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 17, 2012 Author Share Posted February 17, 2012 Most of the economic data is massaged, unemployment, inflation, GDP, etc etc, it didn't start with Obama and it's not just the U.S. and not it's not just government figures as there have been an increasing number of restatement of earnings for American S&P 1500 companies. STFU Link to comment Share on other sites More sharing options...
Magox Posted February 17, 2012 Share Posted February 17, 2012 (edited) Remember though. This isn't real. It's all just a conspiracy by the MSM to make Obama look better If we were to take the number of people who did file for unemployment, divide it by the Number of jobs lost + loss of GDP - Romney's IQ and carry the 4 you'll find out that more people left the work force this past month so the fact that the economy produced more jobs is bunk. CBO: Longest Period of High Unemployment Since Great Depression CBO: U.S. enduring the longest period of high unemployment since the Great Depression By Alex M. Parker February 16, 2012 RSS Feed Print After three years with unemployment topping 8 percent, the U.S. has seen the longest period of high unemployment since the Great Depression, the Congressional Budget Office noted in a report issued today. And, despite some recent good news on the economic front, the CBO is still predicting that unemployment will remain above 8 percent until 2014. The report also notes that, including those who haven't sought work in the past four weeks and those who are working part-time but seeking full-time employment, the unemployment rate would be 15 percent. The CBO made its comments in a report examining the long-term effects of joblessness, and possible policy options to boost employment, including unemployment insurance reforms and job training programs. The report came at the request of Democratic Michigan Rep. Sander Levin, but Republicans quickly jumped on the chance to bash President Obama's stimulus program, which is also reaching its three-year anniversary today. And if you count all the discouraged workers, not just the ones that they noted over the past 4 weeks, but all of them. REAL UNEMPLOYMENT is at a whopping 23% But yeah you're right, it's all a conspiracy. Don't you care to know the truth? Or does the koolaid taste too good? Look at it man! Look at it! Even since the bounce in jobs that we have been experiencing, which is an improvement, you will see that the REAL UNEMPLOYMENT rate hasn't dropped at all! Seek the truth man! Edited February 17, 2012 by Magox Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 17, 2012 Author Share Posted February 17, 2012 And if you count all the discouraged workers, not just the ones that they noted over the past 4 weeks, but all of them. REAL UNEMPLOYMENT is at a whopping 23% But yeah you're right, it's all a conspiracy. Don't you care to know the truth? Or does the koolaid taste too good? Look at it man! Look at it! Even since the bounce in jobs that we have been experiencing, which is an improvement, you will see that the REAL UNEMPLOYMENT rate hasn't dropped at all! Seek the truth man! Yes, and if Romney was President it would be 2% Whatever Link to comment Share on other sites More sharing options...
B-Man Posted February 17, 2012 Share Posted February 17, 2012 Remember though. This isn't real. It's all just a conspiracy by the MSM to make Obama look better If we were to take the number of people who did file for unemployment, divide it by the Number of jobs lost + loss of GDP - Romney's IQ and carry the 4 you'll find out that more people left the work force this past month so the fact that the economy produced more jobs is bunk. Ha ha! You forgot the government has fixed the numbers It should also be noted that Government, I mean General Motors, had a record profitable year and their stock shot up eight percent today. All lies, of course, but there it is You forgot the most commonly used shallow response. Everything bad that has occurred over the past three years is due to President Bush and not President Obama. Therefore when the unemployment figures and other economic indicators all went south even after the great "stimulus" mirage, that was because of the previous administration When the U.S. economy remained stagnant over the next two years (Even though the regular recovery cycle after a recession had come and passed)it was because Mr. Obama hadn't truly realized how bad President Bush had left it. Now, almost two years passed when our recovery should have began, we are finally (and obliviously to the liberals),inevitably starting an anemic growth period. This is a testament to the (hamstrung) U.S. capitalistic engine................we can always come back I can only pray that the Obama campaign (along with its willing media)delude themselves and try and run on his economic record. . Link to comment Share on other sites More sharing options...
DC Tom Posted February 17, 2012 Share Posted February 17, 2012 You forgot the most commonly used shallow response. Everything bad that has occurred over the past three years is due to President Bush and not President Obama. Therefore when the unemployment figures and other economic indicators all went south even after the great "stimulus" mirage, that was because of the previous administration When the U.S. economy remained stagnant over the next two years (Even though the regular recovery cycle after a recession had come and passed)it was because Mr. Obama hadn't truly realized how bad President Bush had left it. Now, almost two years passed when our recovery should have began, we are finally (and obliviously to the liberals),inevitably starting an anemic growth period. This is a testament to the (hamstrung) U.S. capitalistic engine................we can always come back I can only pray that the Obama campaign (along with its willing media)delude themselves and try and run on his economic record. . The American public has, at best, a three-month memory. The only economic numbers that will matter will be the ones from August to October. Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 17, 2012 Author Share Posted February 17, 2012 When the U.S. economy remained stagnant over the next two years (Even though the regular recovery cycle after a recession had come and passed)i Now, almost two years passed when our recovery should have began, we are finally (and obliviously to the liberals),inevitably starting an anemic growth period. . Ignorance! The Bush financial crash was much deeper and more severe than any "recession" we have experienced since the 1930's. Housing prices would not have recovered any faster if we went free market wild after 2008, no way. This is taking longer because it was so much more severe Link to comment Share on other sites More sharing options...
B-Man Posted February 17, 2012 Share Posted February 17, 2012 The American public has, at best, a three-month memory. The only economic numbers that will matter will be the ones from August to October. That is the common misconception Tom, but I respectfully disagree with you. Certainly the 3 months you mentioned will be very important, but there are millions of people out there whose lives have been (shall we say) made worse by government policies since 2008 and they have loooooooonnng memories. Mr Obama ran on the anti-Bush sentiment before, he has no such luxury this time. . Ignorance! The Bush financial crash was much deeper and more severe than any "recession" we have experienced since the 1930's. Housing prices would not have recovered any faster if we went free market wild after 2008, no way. This is taking longer because it was so much more severe You are incorrect. . Link to comment Share on other sites More sharing options...
DC Tom Posted February 17, 2012 Share Posted February 17, 2012 That is the common misconception Tom, but I respectfully disagree with you. Certainly the 3 months you mentioned will be very important, but there are millions of people out there whose lives have been (shall we say) made worse by government policies since 2008 and they have loooooooonnng memories. Mr Obama ran on the anti-Bush sentiment before, he has no such luxury this time. . Without looking it up...what were some of November's economic numbers? Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 17, 2012 Author Share Posted February 17, 2012 How long did the Great Depression last? Link to comment Share on other sites More sharing options...
B-Man Posted February 17, 2012 Share Posted February 17, 2012 Without looking it up...what were some of November's economic numbers? I'm sorry, I am not sure.............are you referring to last November? or the November of the last election? Unemployment has risen from around 5.8% in Nov. 2008, nand likewise fallen from around 9% last November. I don't have the stats, but the most important number, and therefore the most ignored by the media, is that the actual number of working Americans has fallen to around 63%, lowest in 30 years. How long did the Great Depression last? Picture for Davey . Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 17, 2012 Author Share Posted February 17, 2012 I'm sorry, I am not sure.............are you referring to last November? or the November of the last election? Unemployment has risen from around 5.8% in Nov. 2008, nand likewise fallen from around 9% last November. I don't have the stats, but the most important number, and therefore the most ignored by the media, is that the actual number of working Americans has fallen to around 63%, lowest in 30 years. Exactly, you have no idea what you are talking about Link to comment Share on other sites More sharing options...
3rdnlng Posted February 17, 2012 Share Posted February 17, 2012 How long did the Great Depression last? It lasted until the buildup for WWII. Although FDR's policies helped some people out and did create some beneficial infrastucture gains it took close to a decade to get enough people to work. (that was more Adolf's and the Emperor's work)Obama is following the same policies without putting the money towards worthy policies. Instead TVA and the dams he gives your's and my money to unions. How do you feel now, with all that cream on your face and the old a-hole not even getting any k-y for the last 3+ years? Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 17, 2012 Author Share Posted February 17, 2012 It lasted until the buildup for WWII. Although FDR's policies helped some people out and did create some beneficial infrastucture gains it took close to a decade to get enough people to work. (that was more Adolf's and the Emperor's work)Obama is following the same policies without putting the money towards worthy policies. Instead TVA and the dams he gives your's and my money to unions. How do you feel now, with all that cream on your face and the old a-hole not even getting any k-y for the last 3+ years? Hoover was president for over 3 years of the Depression, that goes way over the limit of what B says these things should last. And the depression of the 1890s saw well over six years of unemployment at higher than 8% http://eh.net/encyclopedia/article/whitten.panic.1893 Also, are you suggesting e should go on a WW2 level of stimulus spending spree? Link to comment Share on other sites More sharing options...
Magox Posted February 17, 2012 Share Posted February 17, 2012 That is the common misconception Tom, but I respectfully disagree with you. Certainly the 3 months you mentioned will be very important, but there are millions of people out there whose lives have been (shall we say) made worse by government policies since 2008 and they have loooooooonnng memories. Mr Obama ran on the anti-Bush sentiment before, he has no such luxury this time. I actually agree with DC, people do have short memories, look at how peoples perception of the economy has unfolded just over the last few months. Obamas approval ratings has hit 50% on a few different polls recently, the right or wrong way indicator albeit still overwhelmingly negative as began to trend higher, plus I can feel it, I can sense a bounce in perception, and this has all happened over the past few months. Or how about the McCain campaign, he was actually leading in a few polls, but once the economy really went down the tubes and the market began to crash, so did his campaign. And DiN, where did I say that if under Romney it would be at 2% or for that matter anything that could be misconstrued that way? I'll tell you, nowhere. What I have CONSISTENTLY said over and over is with a president who actually has a basic understanding of the free market economy, that with less regulations, a more pro business relationship with the business community, more dealings with our Emerging market partners and corporate tax reform, that the recovery would be better than this anemic piece of **** of an economy that we have today. I mean for crying out loud, we are growing at 2.5% GDP, that would even suck if we had already recovered. Considering the depth of the hole we are inright now, we should be experiencing much better growth than we are 3 years into the recovery. Remember that Small business Gallup poll I posted yesterday? HALF of all small businesses cite Overregulation. Remember how I spoke to you about that, and how that was a major deterrent for growth? Remember how you scoffed at it? Well it's right there, and as the president says correctly, "Small businesses are the engine of this economy" Well the engine is sputtering and they are specifically stating overregulation, AND 85% say they don't plan on hiring at all over the next 12 months. Sorry DiN, we can do better than this. Link to comment Share on other sites More sharing options...
3rdnlng Posted February 17, 2012 Share Posted February 17, 2012 Hoover was president for over 3 years of the Depression, that goes way over the limit of what B says these things should last. And the depression of the 1890s saw well over six years of unemployment at higher than 8% http://eh.net/encyclopedia/article/whitten.panic.1893 Also, are you suggesting e should go on a WW2 level of stimulus spending spree? I didn't even have to scent the bait. The guy that is a heartbeat away from the presidency said this: http://www.brainyquote.com/quotes/quotes/j/joebiden409178.html Is the old hole you were hiding in going to still be sufficient? Link to comment Share on other sites More sharing options...
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