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What is better is that our nation's unemployment rate has dropped from 10% in Oct 2009 to 7% today!
You only want to focus on what is still bad about the economy.
Whereas, I continue to point out what has improved since 2008.
If more people are out of work, then what does the rate really matter? Thats asinine.
Lets see if I can summarize your thought process...
People dont need to really have jobs in your mind to indicate things are better, people just need to give up hope that they will ever find a job, so they just stop looking for work all together..
yep, asinine is the word that comes to mind.
gees, I bet you think things were fabulous during the great depression.
But we're talking about 500K MORE people losing their jobs in the last quarter, not people who cant find jobs that were lost 1/2 a decade ago.
Wait until the Obama amnesty when 11 to 30 million people are added to the legal labor pools -- they can give up their lettuce picking jobs to grab up all those new Best Buy and Circuit City jobs, as well as any other legal job they might want to take. And Obama has promised them that after amnesty, they can start bringing in their relatives who want also to work here.
Do you really think Obama would be doing a very massive amnesty of cheap foreign workers if he really thought there was a shortage of jobs or that unemployed Americans actually wanted to work?
2013 143,884,000 1,415,000 workers added through November 2013
Intelligent people with common sense do not use Pukipedia, since it is not an authoritative source on anything.
Quote:
Originally Posted by RD5050
Apparently I DO as shown in my quote which you pasted! As singer Paul Simon once said ... "A man hears what he wants to hear, and disregards the rest"
That would be you....
'LNU02000000
'(Unadj) Employment Level
145,113,000 July 2013
144,775,000 November 2013
------------ -338,000 Americans lost their job.
'LNU02500000
'(Unadj) Employed, Usually Work Full Time
117,688,000 July 2013
116,875,000 November 2013 ------------ -813,000 Americans lost their Full-Time job.
813,000 Americans losing their Full-Time job over the last 5 months is a sign of an improving economy?
Which part of "813,000 Americans have lost their Full-Time job in the last 5 months" do you not understand?
Quote:
Originally Posted by RD5050
Regarding stocks .... 52% of Americans have money in the stock market.
That's a heck of lot of Americans who watched their retirement portfolios climb to new highs this week!
I'm confused....
Are you saying that Income Inequality is a good thing?
Or, are you saying that Income Inequality does not apply to Liberal Elites?
Or, are you saying that Income Inequality does not apply to people who have retirement portfolios?
Quote:
Originally Posted by RD5050
The nation's unemployment rate continues to drop .... month after month.
The economy IS getting better!
Which part of "813,000 Americans have lost their Full-Time job in the last 5 months" do you not understand?
Quote:
Originally Posted by Loveshiscountry
You didn't address what I posted. You just put in a smiley face. That doesn't mean things are getting better it just means you have a smiley face in your post.
Of course he didn't address it....he's not interested in Reality.
"Yet the news wasn’t entirely positive. While Americans spent more on recreational pursuits, the bulk of the increase in consumer outlays was directed toward health care and gasoline — necessities that deprive households of discretionary income to spend on other goods and services."
Yes, I know.
Why do you think over the last several years I have repeatedly characterized Obamacare as a massive misguided misdirection of Capital.....namely Cash....into a vast black-hole-sink-hole-money-pit?
It is not possible to direct that much money into nothingness without negative economic consequences.
Quote:
Originally Posted by pghquest
Zimbabwe and reality disagrees with you
You shouldn't use Zimbabwe. That's a really poor example for any number of reasons.
The Zimbabwean monetary system is a closed system. No one uses Zimbabwean Dollars except for Zimbabweans; the Zimbabwean Dollar is not traded internationally; not accepted by the BIS; has limited potential; is unstable in a State that is politically and economically unstable, plus lacking jurisprudence.
That makes the Coefficient of Absorption for the Zimbabwean Dollar exactly "0".
At "0" any excess currency introduced will cause Real Inflation, and not only that, but it will be damn near instantaneous.
With a Coefficient of 0.000129 or something at least it would take a few weeks or months before it showed up in the economy.
And I have shown using a spreadsheet, that the -462,000 jobs lost number you show for July 2013 vs Sept 2013 is nothing new.
And I am specifically referring to the numbers for July - Sept ... not the full year ... as you changed to above. So instead of admitting to being wrong ... you change the subject?
We have been losing jobs between July - September nearly every year for the past TEN YEARS! The numbers below in RED are jobs lost (in thousands).
Notice how my numbers for July and Sept 2013 are the same as yours?
Wait until the Obama amnesty when 11 to 30 million people are added to the legal labor pools -- they can give up their lettuce picking jobs to grab up all those new Best Buy and Circuit City jobs, as well as any other legal job they might want to take. And Obama has promised them that after amnesty, they can start bringing in their relatives who want also to work here.
Do you really think Obama would be doing a very massive amnesty of cheap foreign workers if he really thought there was a shortage of jobs or that unemployed Americans actually wanted to work?
Of course he would. The Democrats want votes. Why do you think the Democrat intense interest in immigration reform coincides with the shift of hispanic votes to the Democrat party? You think that's just a coincidence? Harry Reid, the man who is leading the immigration reform charge in the Senate, is also the man who introduced anti-immigration legislation back in the 90s. Let that sink in.
Barrack Obama received 17% more of the hispanic vote than Bill Clinton got. And suddenly immigration reform bringing in a path to citizenship for millions more hispanic voters becomes a top priority for the Democrat party.
Do you really think Obama cares if a poor white American's job, who generally vote Republican, goes to a poor hispanic, who generally vote Democrat? If Obama cared more about the health of the American worker than he did about politics then he never would have said what he did in the 2008 primary debate. He was told that raising the capital gains tax rate was showed to have caused less revenue to come in due to the laffner curve. His answer was that he'd raise it anyway for purposes of fairness. So according to Obama in his own words, if it means he can make political speeches about how fair he is, he is willing to lower the government's revenues and to have companies park their profits overseas instead of here in the American economy. Is that someone who cares about American workers?
People who support Obama because he "cares about the common people" are utter idiots. Obama cares about Obama. Period.
I am showing you that we regularly lose jobs between July to September ... this is nothing new in 2013.
And when does this third quarter end?
You guessed it .... September !!!
And you moaned and groaned about those job losses consistantly, which now has me wondering why the hell they are good..
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As singer Paul Simon once said ... "A man hears what he wants to hear, and disregards the rest" 
