Gallup: February Unemployment Hits 10.3% (Obama, economy, government, claims)

[momonkey]

Energy and food prices skyrocketing and a stagnant economy with increasing unemployment, isn't this what we used to call Carternomics?

Well, in any case, we're all screwed...

Gallup Finds U.S. Unemployment Hitting 10.3% in February

[VTHokieFan]

Originally Posted by momonkey

Energy and food prices skyrocketing and a stagnant economy with increasing unemployment, isn't this what we used to call Carternomics?

Well, in any case, we're all screwed...

Gallup Finds U.S. Unemployment Hitting 10.3% in February

I just call it the end of neo-Keynesianism.

And trust me, unemployment will be the least of our worries once a loaf of bread is $10.

[mohawkx]

Wait till your wife starts charging you for sex.

[momonkey]

Originally Posted by mohawkx

Wait till your wife starts charging you for sex.

Might add to the outsourcing problem.

[odinloki1]

but I thought that extending the Bush tax cuts would make employers happy and would hire again etc.

Another month showing that tax cuts don't equal growth.

[Mark S.]

Originally Posted by momonkey

Energy and food prices skyrocketing and a stagnant economy with increasing unemployment, isn't this what we used to call Carternomics?

Well, in any case, we're all screwed...

Gallup Finds U.S. Unemployment Hitting 10.3% in February

Read the fine print. This "data" is based on a telephone poll, not on actual facts.

[momonkey]

Originally Posted by odinloki1

but I thought that extending the Bush tax cuts would make employers happy and would hire again etc.

Another month showing that tax cuts don't equal growth.

Did we cut corporate tax rates?

Capital gains?

You can't base an economy on consumption alone, and our liberal friends oppose everything which actually creates wealth (manufacturing, mining, energy production, etc).

[RD5050]

Originally Posted by momonkey

Energy and food prices skyrocketing and a stagnant economy with increasing unemployment, isn't this what we used to call Carternomics?

Well, in any case, we're all screwed...

Gallup Finds U.S. Unemployment Hitting 10.3% in February

Increasing unemployment?

http://www.nytimes.com/2011/03/04/bu...04markets.html

A day ahead of the government’s report on the jobs market for February, the Labor Department said that first-time claims for unemployment benefits dropped to 368,000, the lowest level since May 2008. Economists had expected a rise to 398,000 claims.
The four-week average for applications, a less volatile figure, fell to 388,500, its lowest level since July 2008.

[momonkey]

Originally Posted by RD5050

Increasing unemployment?

http://www.nytimes.com/2011/03/04/bu...04markets.html

As the total number of full-time workers decreases, a constant rate of job losses among that smaller group of worker will still result in a lower number of new jobless claims simply because it applies to fewer workers.

A lower number of first-time jobless claims does not equal an increase in total employment or and increase in the employment rate.

[Sunny-Days-in-Florida]

To hear some of the robots tell us the economy is booming.

Obama is O'fer -900,000 in jobs.

A total failure and 800 billion gone to waste.