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Old 05-31-2012, 04:35 PM
 
Location: Atlantis
3,016 posts, read 3,916,256 times
Reputation: 8867

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That figure does not mean anything and analyzing the economy with "numbers" is as foolish as going to a witch doctor when you need to have a kidney removed. The study of human action which is the root of all economics is not something that can be tracked and/or controlled with a calculator.

The cancer needs to be removed. Government controls, regulations, the insane myriad of tax regulations as related to earned income which is nothing more than a tax on labor/human effort and is alot higher than capital gains taxes. As well as the increasing power of the federal government in every aspect of our lives and the utopian-like social engineering that involves redistribution of wealth through a tax code that is nothing short of absolute tyranny.

1.9% growth on a macroeconomic level means nothing to a family that is living in their car, a person making minimum wage, someone facing an IRS tax audit, about to lose their house and/or on their final week of unemployment unable to even get hired at McDonalds.
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Old 05-31-2012, 04:39 PM
 
Location: Fuquay-Varina
4,003 posts, read 10,852,836 times
Reputation: 3303
Quote:
Originally Posted by SyraBrian View Post
It beats a recession. Imagine if we gave the reins to a governor whose job creation record got beat out by 46 other governors.
When the unemployment rate was 4.6% for his state during his terms, considered full employment, what jobs are there to add? Good talking point, but BS and you know it.
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Old 06-01-2012, 08:02 AM
 
Location: Dallas, TX
31,767 posts, read 28,860,449 times
Reputation: 12341
Quote:
Originally Posted by sacredgrooves View Post
When the unemployment rate was 4.6% for his state during his terms, considered full employment, what jobs are there to add? Good talking point, but BS and you know it.
How is 4.6% full employment when we have seen unemployment rate as low as 3.8% (April 2000)?
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Old 06-01-2012, 08:13 AM
 
4,428 posts, read 4,489,020 times
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Quote:
Originally Posted by EinsteinsGhost View Post
How is 4.6% full employment when we have seen unemployment rate as low as 3.8% (April 2000)?
4.6% is a heck of a lot fuller employment than 8.2%

And that 8.2% is a national figure.
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Old 06-01-2012, 08:14 AM
 
Location: Dallas, TX
31,767 posts, read 28,860,449 times
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Quote:
Originally Posted by Yooperkat View Post
4.6% is a heck of a lot fuller employment than 8.2%

And that 8.2% is a national figure.
It sure is, but if you want to ignore 0.8% in unemployment rate, can we say, 8.2% is no different than 7.4%?
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Old 06-01-2012, 11:55 AM
 
4,428 posts, read 4,489,020 times
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Originally Posted by EinsteinsGhost View Post
It sure is, but if you want to ignore 0.8% in unemployment rate, can we say, 8.2% is no different than 7.4%?
It's actually a lot higher than 7.4% and everybody knows it.
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Old 06-01-2012, 11:56 AM
 
Location: Dallas, TX
31,767 posts, read 28,860,449 times
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Quote:
Originally Posted by Yooperkat View Post
It's actually a lot higher than 7.4% and everybody knows it.
But it is only 0.8% higher. Isn't that insignificant? As you made it to be when defining full employment at 3.8% (in Apr 2000) and also at 4.6% (in May 2006)?
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Old 06-01-2012, 12:02 PM
 
4,428 posts, read 4,489,020 times
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Quote:
Originally Posted by EinsteinsGhost View Post
But it is only 0.8% higher. Isn't that insignificant? As you made it to be when defining full employment at 3.8% (in Apr 2000) and also at 4.6% (in May 2006)?
I didn't claim that. Some other poster did.

I didn't look back at all the posts .... so let's have it.

What is this 0.8% that you're talking about, and how does it make Obama's mess any better?
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Old 06-01-2012, 12:07 PM
 
Location: Dallas, TX
31,767 posts, read 28,860,449 times
Reputation: 12341
Quote:
Originally Posted by Yooperkat View Post
I didn't claim that. Some other poster did.
But you didn't disagree with the poster.

Quote:
how does it make Obama's mess any better?
Compared to what?
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Old 06-01-2012, 12:53 PM
 
Location: Syracuse, New York
3,121 posts, read 3,102,494 times
Reputation: 2312
Quote:
Originally Posted by sacredgrooves View Post
When the unemployment rate was 4.6% for his state during his terms, considered full employment, what jobs are there to add? Good talking point, but BS and you know it.
I'm sorry that Romney wasn't very good at creating jobs.
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