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He is not my favorite person, and no i don't want any part of him again ever. However unless one has a crystal ball, no one can predict what will happen! things have been known to blow up in our faces, when we are so sure something is not going to happen!
Certainly not Palin. I don't even think she will run.
I heard it would take 100,000 new jobs per month to keep pace with the numbers losing their jobs.
This is not a recovery. The person that said it's all about jobs is 100% correct.
The jobs number reported each month is a NET number so it's
(jobs created - jobs lost). It's NOT the raw number of jobs created.
To keep up with the growth in the size of the labor pool, we need to create a net of about 125,000 jobs/month to keep the UE rate at the SAME rate.
If we want significant decreases in the UE rate and to 'make up' for jobs lost, we'd need 300,000+ jobs/month (more like 400,00+ to make major gains).
Please keep in mind that the ONLY reason the UE rate is going down is based on Government manipulation and lies. They remove people from the labor pool, which artificially lowers the UE rate. Total BS.
^It's not a "lie". It's the way that the index is computed. You might not agree with the index's use, and I tend to believe it is overemphasized and abused. But I wouldn't say it is manipulation of the numbers.
That said, I think that something people are not paying enough attention to is the relationship between all of this Middle East unrest and the continuing rising price of oil/gasoline. The national average for gasoline just hit a 28-month high this week. That is huge news. For a country so dependent on oil and gasoline to power our daily lives and hence our economy, if gas approaches and exceed $4.00/gallon this summer, you will once again see consumer spending decrease and the economic indicators drop. There will be a ripple effect similar to the summer of 2008 when tourism went down and consumer spending dropped not just from job loss but because of increased spending on fuel costs.
This is very problematic and people are not highlighting this enough right now. In fact, if gas prices continue to rise beyond summer 2008 levels, you can bet the US economic "recovery", however minor or major you want to acknowledge, will slow dramatically.
^It's not a "lie". It's the way that the index is computed. You might not agree with the index's use, and I tend to believe it is overemphasized and abused. But I wouldn't say it is manipulation of the numbers.
That said, I think that something people are not paying enough attention to is the relationship between all of this Middle East unrest and the continuing rising price of oil/gasoline. The national average for gasoline just hit a 28-month high this week. That is huge news. For a country so dependent on oil and gasoline to power our daily lives and hence our economy, if gas approaches and exceed $4.00/gallon this summer, you will once again see consumer spending decrease and the economic indicators drop. There will be a ripple effect similar to the summer of 2008 when tourism went down and consumer spending dropped not just from job loss but because of increased spending on fuel costs.
This is very problematic and people are not highlighting this enough right now. In fact, if gas prices continue to rise beyond summer 2008 levels, you can bet the US economic "recovery", however minor or major you want to acknowledge, will slow dramatically.
A valid point on the first & a valid concern on the second.
1. Sarah Palin
2. Newt Gingrich
3. Mike Huckabee
4. Bobby Jindal
5. Jeb Bush
Yes! Mitt Romney isn't on the list. That means Obama does have a shot at losing.
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