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So in your world, a higher than expected number of new jobs (but still lower than necessary to cover natural growth of labor force) is proof that Obama's economic policies are working. But negative quarterly GDP does not reflect upon Obama's policies? I think you need to cut down on the :beer: this early in the day

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So in your world, a higher than expected number of new jobs (but still lower than necessary to cover natural growth of labor force) is proof that Obama's economic policies are working. But negative quarterly GDP does not reflect upon Obama's policies? I think you need to cut down on the :beer: this early in the day

First off, you are a complete idiot. Where is the hyper inflation you were screaming about happening like a fool?

 

Secondly, Obama's recovery is slowly but steadily cleaning up from the disaster president Bush left us in.

 

"(Reuters) - U.S. employment growth jumped in June and the jobless rate closed in on a six-year low, decisive evidence the economy was moving forward at a brisk clip after a surprisingly big slump at the start of the year."

 

http://www.reuters.com/article/2014/07/03/us-usa-economy-idUSKBN0F80AW20140703

 

 

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First off, you are a complete idiot. Where is the hyper inflation you were screaming about happening like a fool?

 

Secondly, Obama's recovery is slowly but steadily cleaning up from the disaster president Bush left us in.

 

"(Reuters) - U.S. employment growth jumped in June and the jobless rate closed in on a six-year low, decisive evidence the economy was moving forward at a brisk clip after a surprisingly big slump at the start of the year."

 

http://www.reuters.c...N0F80AW20140703

 

Yep. Not a bad report. Except for, y'know, the truth behind the numbers...

 

Number who quit looking for work exceeds number who found work.

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First off, you are a complete idiot. Where is the hyper inflation you were screaming about happening like a fool?

 

Secondly, Obama's recovery is slowly but steadily cleaning up from the disaster president Bush left us in.

 

"(Reuters) - U.S. employment growth jumped in June and the jobless rate closed in on a six-year low, decisive evidence the economy was moving forward at a brisk clip after a surprisingly big slump at the start of the year."

 

http://www.reuters.c...N0F80AW20140703

First off, you are a complete idiot. Where is the hyper inflation you were screaming about happening like a fool?

 

Secondly, Obama's recovery is slowly but steadily cleaning up from the disaster president Bush left us in.

 

"(Reuters) - U.S. employment growth jumped in June and the jobless rate closed in on a six-year low, decisive evidence the economy was moving forward at a brisk clip after a surprisingly big slump at the start of the year."

 

http://www.reuters.c...N0F80AW20140703

 

Big time inflation isn't going to hit us until the economy actually heats up. The fact that we don't have hyper inflation right now is proof that the economy has not heated up.

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Big time inflation isn't going to hit us until the economy actually heats up. The fact that we don't have hyper inflation right now is proof that the economy has not heated up.

 

So it's bad no matter what, unless a Republican is president....tool

Edited by gatorman
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The Continuing Jobs Spin

By Peter Kirsanow

 

President Obama and many in the media are touting the June jobs report showing 288,000 jobs created and a drop in the unemployment rate to 6.1 percent. That these figures would be cause for celebration reveals how far our expectations have fallen after six years of sickly employment data, and how desperate we are to delude ourselves that the job market is making significant strides.

 

Hyping the above numbers is akin to an eighth-grader hoping his C in phys.ed. and D+ in shop will distract his parents from noticing the Fs in English, history, and geometry. The Obama administration hopes the adults aren’t paying attention.

 

The number of people not in the labor force increased by 111,000 in June to a record 92,120,000.

 

The labor-force participation rate remained at a 36-year low of 62.8 percent down from 63.5 percent a year ago. In the Obama economy this, apparently, is cause for optimism.

 

There are 2.4 million more people not working in America today than a year ago.

 

The bulk of the new June jobs were part-time and/or in low-wage job sectors.

 

As recently as six years ago, only “good” jobs at “good” wages counted as far as the media were concerned.

 

A record number of Americans aren’t working. Unless the Obama administration ends its War on Jobs, we’re looking at more of the same for the foreseeable future.

 

 

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Edited by B-Man
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The Continuing Jobs Spin

By Peter Kirsanow

C in phys.ed. and D+ in shop will distract his parents from noticing the Fs in English, history, and geometry. The Obama

The bulk of the new June jobs were part-time and/or in low-wage job sectors.

As recently as six years ago, only “good” jobs at “good” wages counted as far as the media were concerned.

A record number of Americans aren’t working. Unless the Obama administration ends its War on Jobs, we’re looking at more of the same for the foreseeable future.

 

 

spin, spin, spin
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Seems that you're struggling with definitions. No fear, I'm here to help.

 

What you posted is spin.

 

What you were refuted with is data.

 

Do you need the difference explained to you?

What I posted is spin? Really? How so?

 

What that idiot B man posted was spin, an article claiming that the administration and the media were all lying about the improving economy.

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Seems that you're struggling with definitions. No fear, I'm here to help.

 

What you posted is spin.

 

What you were refuted with is data.

 

Do you need the difference explained to you?

 

 

Well obviously TYTT, that would be a waste of your time................................lol

 

He is incapable of even a basic understanding of those concepts. :lol:

 

 

 

 

 

MEGAN MCARDLE: Die, Ex-Im Bank, Faster, Faster!

The most interesting, and puzzling, political development of the last month has been the impending demise of the U.S. Export-Import Bank. Puzzling, because the Export-Import Bank is basically small beer — the sort of government agency that usually achieves immortality through obscurity. It’s surprising to me that this has actually become a hot political issue. Interesting, because reform conservatives look like they may well claim a genuine scalp: eliminating a long-standing instrument of corporate welfare. . . .

 

But if the economic impact is slight, the symbolic impact is huge: Conservatives are taking a run at a major dispenser of corporate subsidies, while Democrats have suddenly discovered a deep love of government-financed corporate expenditures. It just got a little bit harder to argue that Republicans are the party of big business.

 

On this issue, I’m with the symbolists. The government should not be directly subsidizing purchases of American goods, and no, I don’t care if all the other kids at the World Trade Organization get to do it. The principle involved is not whether there’s an explicit taxpayer expenditure, but whether corporate welfare is within the proper scope of the federal government’s duties. Conservatives say it isn’t, and I agree.

It sets a precedent, which needs to be followed through on.

 

 

 

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Edited by B-Man
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