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Even if you don't look at it in terms of unemployment, but instead in terms of non-farm payroll you will see that the number of private sector jobs being created was strong up until about may and then dropped off sharply.
There is no two ways about it the job situation was improving until about may and then it started getting ugly.
There are around 15 million unemployed right now according to the BLS. Thats five million more than at any time in the Bush admin and more than at any time since 1940. You tell me what was improving?? NOTHING. You want the proof go to the BLS website and look it up.
There are around 15 million unemployed right now according to the BLS. Thats five million more than at any time in the Bush admin and more than at any time since 1940. You tell me what was improving?? NOTHING. You want the proof go to the BLS website and look it up.
Yes it was, 244,000 new jobs were created in April that number dropped off by about 200,000+ in June, and despite that the June number is still more jobs created then Bush created in his entire presidency from end to end.
The macro movement is simple. When people stop spending money people lose their jobs because there is no one to pay them. Right now congress is in gridlock and loathe to make appropriations. If Republicans were 100% in charge they would be deficit spending like it was 2003 on tax breaks for the wealthy and defense and if democrats were running things they would be working on another stimulus, but since neither party wants the other party to get its way there isn't much new spending and the private sector cannot pick up the slack as a result there is less money being put into the economy.
No. Free markets have allowed a massive transfer of wealth from, roughly, the west to the east. What that means is any more debt that we take on in some Keynesian super orgasm is doing absolutely nothing but transferring the wealth even faster.
What that means is higher tax rates are in direct opposition to the way the world is moving. In fact, it's in direct contradiction to the way the laws of thermodynamics work. It's a strange thing that life can manipulate "laws" temporarily.
NIC 2025 Project (http://www.dni.gov/nic/NIC_2025_project.html - broken link)
No. Free markets have allowed a massive transfer of wealth from, roughly, the west to the east. What that means is any more debt that we take on in some Keynesian super orgasm is doing absolutely nothing but transferring the wealth even faster.
What that means is higher tax rates are in direct opposition to the way the world is moving. In fact, it's in direct contradiction to the way the laws of thermodynamics work. It's a strange thing that life can manipulate "laws."
NIC 2025 Project (http://www.dni.gov/nic/NIC_2025_project.html - broken link)
Um not really. China is building cities and railroad that it's people are too poor to use. The wealth did not go to the east as much as it just disappeared when housing prices collapsed and people started defaulting on their mortgages. That is why there was deflation in 2009. The market creates money itself through 2 was one is lending, and for all intents and purposes that money exists until the debtor decides not to pay. The other is asset pricing in which a commodity has value based on what a person is willing to pay for it. In that case people have money in their commodities exists so long as someone is willing when they cannot find someone to pay that price that money disappears.
Essentially when the housing bubble disappear all that wealth in the form of debts held against people who were no longer willing/able to pay and equity just disappeared.
Um not really. China is building cities and railroad that it's people are too poor to use. The wealth did not go to the east as much as it just disappeared when housing prices collapsed and people started defaulting on their mortgages. That is why there was deflation in 2009. The market creates money itself through 2 was one is lending, and for all intents and purposes that money exists until the debtor decides not to pay. The other is asset pricing in which a commodity has value based on what a person is willing to pay for it. In that case people have money in their commodities exists so long as someone is willing when they cannot find someone to pay that price that money disappears.
Essentially when the housing bubble disappear all that wealth in the form of debts held against people who were no longer willing/able to pay and equity just disappeared.
No, you're missing the point. Energy is moving from the west to the east. The money itself makes not a difference at all. You're still in micro mode.
So you consider losing five million jobs and creating 200K a plus? What school did you go to?
I don't know where you are getting the 5 million jobs lost figure over all the during the time Obama was president basically when Obama took office in 09 the economy was hemorraghing jobs and had been since 2008. That slowed under Obama and ultimately was reversed by 2010. The problem is that not enough jobs are being created to keep up with the population and make up for all the lost jobs from 2008-2009. Thus why 5 million more people are unemployed. Its not that Obama lost those jobs its rather that those jobs were not able to be created because of the above mentioned factors.
No, you're missing the point. Energy is moving from the west to the east. The money itself makes not a difference at all. You're still in micro mode.
If you mean like civilization dynamism? I don't do those grand scale clash of civilizations predictions.
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