
05-02-2013, 08:16 AM
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69,364 posts, read 61,176,905 times
Reputation: 9381
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Well according to left wing posters here, government should be increasing spending to boost the economy, so that jobs can be created.
Is this is true, then explain to me how new unemployment numbers are lowest in 5 years, considering we are "cutting" federal spending under sequester..
US weekly unemployment aid applications drop to 324K, lowest in 5 years, sign of fewer layoffs - The Washington Post
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05-02-2013, 08:54 AM
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Status:
"Trump lost. Grow up"
(set 15 days ago)
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13,721 posts, read 9,100,800 times
Reputation: 6593
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05-02-2013, 08:56 AM
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Location: Where they serve real ale.
7,242 posts, read 7,471,551 times
Reputation: 3497
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FACT: The sequestor killed 1 million jobs. Yes, it was nice that the rest of the economy was able to make up the difference, albeit only slightly, but it is fact that the huge cuts Republicans demanded harmed the economy. That is not open for debate and instead is simply a fact.
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05-02-2013, 09:04 AM
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12,754 posts, read 7,978,306 times
Reputation: 9221
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Quote:
Originally Posted by pghquest
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I am slightly confused. I believe that whenever a thread is started about how some employment figure shows improvement in the economy, we quickly have postings about how the numbers are wrong, dead wrong, and that the number of unemployed people is actually going up due to people 'dropping out of the workforce', and how when the latest unemployment gauge is refigured again in a month the news will be bad, etc.
So, is this new unemployment number 'true'?
Also, I thought that spending by the Federal Government was 'up'. Many have said it has increased, while the sequestration only cut some of the increase, but did not negate the increase.
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05-02-2013, 09:35 AM
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Location: Where they serve real ale.
7,242 posts, read 7,471,551 times
Reputation: 3497
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It's called trying to have it both ways and the OP is a master at it. 
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05-02-2013, 09:43 AM
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12,646 posts, read 19,629,795 times
Reputation: 3044
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Quote:
Originally Posted by pghquest
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But didn't we have stimulus money and didn't it not change a thing in the economy or job market yes yes the libs will say there were jobs created but they were short term and NOT SHOVEL READY
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05-02-2013, 09:47 AM
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Location: Florida
73,512 posts, read 42,580,012 times
Reputation: 13606
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Quote:
Originally Posted by pghquest
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Furloughed employees are not counted as unemployed, they just get paid for less days.
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05-02-2013, 09:50 AM
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Status:
"Trump lost. Grow up"
(set 15 days ago)
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13,721 posts, read 9,100,800 times
Reputation: 6593
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Quote:
Originally Posted by Miborn
But didn't we have stimulus money and didn't it not change a thing in the economy or job market yes yes the libs will say there were jobs created but they were short term and NOT SHOVEL READY
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05-02-2013, 09:52 AM
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Location: Texas
38,863 posts, read 23,755,661 times
Reputation: 24780
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New unemployment numbers show cutting govt spending doesnt crash the economy.
Dubya/Cheney and the neocon "economists" proved that deregulating Wall St is what crashed the economy. 
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05-02-2013, 09:52 AM
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48,503 posts, read 92,443,196 times
Reputation: 18238
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I seem to remmber that both repubicans and democrats created the sequester when they agreeed cuts where needed then coud make the chices later.One has to remmber democrats wanted the major portition to be from military budget.
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