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Okay, let us assume that to be true. We also know private sector has added 755K jobs in these five months. Based on the claim some of your are running around with (you're not the first to quote the exact link), 755K is only 27% of all jobs created in five months. Using basic math, that translates to 2.8 million jobs in just five months!
Wow!!
And how many of those jobs are government jobs? Nice try to hide what was reported by the Department of Labor but you failed. When that big a percentage is involved all this crap about the headway that has been made is just that, crap.
It does pain you leaners when someone talks about the numbers of people who have stopped trying to find a job because there just aren't any, doesn't it? What can you attack that 540,000 number with that has anything to do with what happened?
correct they are seasonally adjusted (which smooths out highs and lows of the year)
BUT.....
the FACT is still there that 540,000 less people are working than the month before...yet the BLS states a 140k increase......sorry but the math doesnt add up
BUT 2.....
a 15 hour part time job is still counted as someone working
so the christmas part time worker at Sears...they hire 10,000 PART TIME people...that's 10,000 JOBS that the BLS reports
sorry, but I dont consider a 15 hour part time job as a career, or full time work....maybe some do...but not most logical people
And how many of those jobs are government jobs? Nice try to hide what was reported by the Department of Labor but you failed. When that big a percentage is involved all this crap about the headway that has been made is just that, crap.
I quoted private sector employment over last five months. You didn't understand that? Let me repeat: 755K private sector jobs in the five months you mentioned off the community's nuts service.
If that makes for only 27% of the total jobs added, then it is logical to assume a total of 2.8 million jobs have been added in just five months (your claim being 73% being government jobs). This is my source.
The housing bubble was not the result of "greas[ing] the wheels to allow easy home owners for low income families." Many middle and high income people were obtaining sub prime loans.
And they were able to do so because the rules were changed, allowing people to borrow more money with less proof of ability to repay it. Banks were told they MUST make these loans, and then, becasue these banks complained the loans were too risky, these GSEs guaranteed the loans, which made those repackaged loans attractive to investors.
Why were the rules changed? Because some politicians claimed that with the lending guidelines and policies banks were using, they were unfairly preventing some people from buying homes, and that the rules must be changed to fix that problem. Once the rules were changed, everyone was able to take advantage, and many people did, leading to what we now all call the "housing bubble." Yes, the housing bubble was absolutely the result of "greasing the wheels" to allow low income people to buy houses.
And how many of those jobs are government jobs? Nice try to hide what was reported by the Department of Labor but you failed. When that big a percentage is involved all this crap about the headway that has been made is just that, crap.
Clearly you are NOT READING what was written. Look at it AGAIN and try real hard to UNDERSTAND IT:
Quote:
Originally Posted by EinsteinsGhost
Okay, let us assume that to be true. We also know private sector has added 755K jobs in these five months. Based on the claim some of your are running around with (you're not the first to quote the exact link), 755K is only 27% of all jobs created in five months. Using basic math, that translates to 2.8 million jobs in just five months!
Wow!!
EinsteinsGhost was referring to the article that claimed that 73% of all jobs created in the last 5 months were government jobs. Well, since we know that private sector jobs created over that period of time was 755K then IF the claim the article made was TRUE then that means that there had to have been 2.8 MILLION government jobs created in those same 5 months (if 755K is 27% then 73% is 2.8 million).
Got it?
Clearly there were NOT 2.8 MILLION new government jobs created in the last 5 months. If there was then the UE would have had a HUGE drop - so the article is BOGUS.
Clearly you are NOT READING what was written. Look at it AGAIN and try real hard to UNDERSTAND IT:
EinsteinsGhost was referring to the article that claimed that 73% of all jobs created in the last 5 months were government jobs. Well, since we know that private sector jobs created over that period of time was 755K then IF the claim the article made was TRUE then that means that there had to have been 2.8 MILLION government jobs created in those same 5 months (if 755K is 27% then 73% is 2.8 million).
Got it?
Clearly there were NOT 2.8 MILLION new government jobs created in the last 5 months. If there was then the UE would have had a HUGE drop - so the article is BOGUS.
Ken
yet we CLEARLY ALSO KNOW that 540,000 less people are working this month than last...so the 140k gained is bogus
yet we CLEARLY ALSO KNOW that 540,000 less people are working this month than last...so the 140k gained is bogus
Why is that not possible?
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