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Old 12-04-2015, 07:29 AM
 
6,226 posts, read 6,829,565 times
Reputation: 3098

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Crappy jobs.......and most future job growth will always be sub-par regardless who the president is by and large. Read this article posted in another thread. It sheds light on why.

Why the Economic Fates of America

 
Old 12-04-2015, 07:32 AM
 
11,946 posts, read 17,458,771 times
Reputation: 6062
Quote:
Originally Posted by LexusNexus View Post
Great news. Our President continues to run a great economy.

US economy adds 211,000 jobs in November | MSNBC
Well if the President- or any President past or future- is running the economy, why stop at 211,000?

Why not 500,00? 1,000,000?

Kind of puts your absurd statement into context, no?
 
Old 12-04-2015, 07:35 AM
 
25,631 posts, read 30,346,259 times
Reputation: 23111
Quote:
Originally Posted by sxrckr View Post
Actually the Chant Praising Dear Leader actually is as follows:

Allahu akbar

Allahu akbar

Allahu akbar
 
Old 12-04-2015, 07:35 AM
 
Location: Austin
12,081 posts, read 6,895,959 times
Reputation: 13329
Employment numbers better than expected is a good thing, although Obama can not be credited. I think his policies have actually impeded economic recovery.

The good news is, based on improved employment numbers, interest rates are expected to finally rise. I hope this is the end of the road for cheap money.
 
Old 12-04-2015, 07:40 AM
 
Location: Center City, Philadelphia
4,625 posts, read 2,768,194 times
Reputation: 2978
211,000 beat estimates. Now the question comes down to this, will the Federal Reserve raise the interest rate? I suspect a market readjustment afterwards but the market is already banking on it being raised.
 
Old 12-04-2015, 07:40 AM
 
Location: Florida
2,233 posts, read 1,505,384 times
Reputation: 1861
Quote:
Originally Posted by TheMoreYouKnow View Post
You forgot about the 14 job openings he helped create in California this week.
Wow
 
Old 12-04-2015, 07:44 AM
 
Location: Charlotte NC
11,723 posts, read 9,353,324 times
Reputation: 5231
Quote:
Originally Posted by LibertyandJusticeforAll View Post
Seasonal jobs.. Added by businesses. thank you capitalism and holiday season.
funny how that works...

if these numbers were low you guys would thank Obama.
 
Old 12-04-2015, 07:45 AM
 
Location: Texas
26,629 posts, read 11,163,576 times
Reputation: 6106
Quote:
Originally Posted by Happiness-is-close View Post
Obama uses the same unemployment formula that Clinton and George Bush used. I think the older bush and reagan used a slightly different method though. Obama isn't cooking any books, and we may have to get used to higher U6 unemployment because our society is older. I have a lot of boomer co-workers who are semi-retiring at 62-63 and getting simple part time jobs. Sure, I bet they would like a full time job still if the pay was good enough, but that probably isn't heading their way. This type of situation inflates the U6 rate.
The labor rate for 16-54 year olds is down.
 
Old 12-04-2015, 07:50 AM
 
Location: Chicago, IL
1,982 posts, read 1,802,861 times
Reputation: 1525
Quote:
Originally Posted by LibertyandJusticeforAll View Post
Seasonal jobs.. Added by businesses. thank you capitalism and holiday season.
You know these numbers are seasonally adjusted, right?
 
Old 12-04-2015, 07:50 AM
 
Location: SE Michigan
195 posts, read 436,900 times
Reputation: 240
211,000 jobs despite him not because of him. It's telling that people think one person controls something as complicated as the economy. So as long as we're into fantasy writing we might as well credit Santa Claus for this not the president.
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