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Old 02-04-2011, 08:51 PM
 
Location: High Cotton
6,131 posts, read 6,445,243 times
Reputation: 3657

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CNBC's Rick Santelli Slams CNBC Panelists for Spinning Jobs Report
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Old 02-04-2011, 08:55 PM
 
Location: Southeast
4,296 posts, read 6,274,049 times
Reputation: 1445
Since the jobs report sent everyone into a perpetual state of confusion set off by a huge change in the household survey, lets just take the advice and wait a month and see if we can get a better picture.
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Old 02-04-2011, 08:56 PM
 
3,129 posts, read 5,310,730 times
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Amen Rick!!! They need to stop the damn job spinning.
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Old 02-04-2011, 08:57 PM
 
Location: Palm Springs, CA
26,529 posts, read 25,030,074 times
Reputation: 7739
Santelli is a hero of wealthy Wall Street stockbrokers. His opinion isn't very relevant to the vast majority.
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Old 02-04-2011, 08:59 PM
 
48,516 posts, read 83,966,925 times
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It really doen't matter because most people do not beleive reports any more really from what i have seen.Everythig is spu these days and they know it.
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Old 02-04-2011, 09:04 PM
 
20,976 posts, read 16,272,535 times
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It's amazing how far people will go to cover obama's rear.

Let's see....supposedly, 50,000 jobs created over the last two months lowered the unemployment rate from 9.8% to 9%.
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Old 02-04-2011, 09:05 PM
 
Location: High Cotton
6,131 posts, read 6,445,243 times
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Unemployed is actually 9.9%, not 9% - and under-employed is 19.2%
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Old 02-04-2011, 09:17 PM
 
20,976 posts, read 16,272,535 times
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Why, that's just crazy talk!
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Old 02-05-2011, 08:25 AM
 
Location: Bella Vista, Ark
72,014 posts, read 83,671,479 times
Reputation: 41810
Quote:
Originally Posted by alphamale View Post
Why, that's just crazy talk!
and why is it crazy talk? Do you have any idea how many people are now working part time or in jobs that they are completely over qualified for? Obviously you do not.

The overall employment picture that came out yesterday is controlled somewhat by the weather conditions throughout our country right now. Let's see what the story is at the med or end of March.

Nita
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Old 02-05-2011, 08:31 AM
 
3,190 posts, read 4,283,526 times
Reputation: 1025
The US would have to add 200,000 jobs every Month for 3 years straight to get the unemployment figures back to when Bush left office.
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