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Old 11-06-2009, 04:38 PM
 
432 posts, read 604,021 times
Reputation: 176

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Quote:
Originally Posted by RD5050 View Post
Unemployment rose to almost 8% during Bush's final months.

So remember to blame Bush for 80% of the those who've lost their jobs !!!

the natural rate of unemployment is thought to be somewhere around 5%...


being below that equilibrium of unemployment is BAD ... only a communistic country would have < 2% unemployment..


so yea, we need to get back around 5%... so 8% unemployment is really only about 3% off of where a great economy would be unemployment wise...
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Old 11-06-2009, 05:06 PM
 
2,557 posts, read 5,850,190 times
Reputation: 966
Quote:
Originally Posted by Hombre57 View Post
In the OP's haste to begin another bash Obama thread, he forgot how to spell!

Did any republicans ever go to school? did any ever finish school? maybe that's part of their problem, monkey see, monkey do, no free thinking due to lack of being educated, just follow the monkeys.
Well, my Republican daughter is studying for her PhD qualifying test right now! She obviously has a few years of education under her belt!
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Old 11-06-2009, 05:23 PM
 
4,104 posts, read 5,300,611 times
Reputation: 1256
Quote:
Originally Posted by saganista View Post
I see that your reluctant to deal with the fact that the thread is a funhouse mirror distortion of somebody's having made a math error.

Forget the math error. You were defending the underlying ideology a cuple days ago. Yes there was a math error. Yes many peope are bad at math. That aside, do you believe that increasing salaries results in an increase in "jobs"?
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Old 11-06-2009, 09:39 PM
 
Location: San Diego
5,319 posts, read 8,968,163 times
Reputation: 3396
Quote:
Originally Posted by ManGoneADreamin View Post
the natural rate of unemployment is thought to be somewhere around 5%...


being below that equilibrium of unemployment is BAD ... only a communistic country would have < 2% unemployment..


so yea, we need to get back around 5%... so 8% unemployment is really only about 3% off of where a great economy would be unemployment wise...
And 10% is only 5% off .... what's your point?
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Old 11-07-2009, 09:54 AM
 
Location: The land where cats rule
10,908 posts, read 9,536,708 times
Reputation: 3602
Quote:
Originally Posted by RD5050 View Post
Unemployment rose to almost 8% during Bush's final months.

So remember to blame Bush for 80% of the those who've lost their jobs !!!
So that means you blame Obama for the other 20% (still rising, btw) and all the additional debt incurred since he took office? Or is it still the old shift the blame game to cover this administration?
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Old 11-07-2009, 09:57 AM
 
Location: Great Falls, Montana
4,002 posts, read 3,898,383 times
Reputation: 1398
Quote:
Originally Posted by GOPATTA2D View Post
Forget the math error. You were defending the underlying ideology a cuple days ago. Yes there was a math error. Yes many peope are bad at math. That aside, do you believe that increasing salaries results in an increase in "jobs"?
Absolutely not.

Go paint your house and then try to sell it as a new house ..
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Old 11-07-2009, 10:15 AM
 
69,368 posts, read 63,992,474 times
Reputation: 9383
Quote:
Originally Posted by Hombre57 View Post
In the OP's haste to begin another bash Obama thread, he forgot how to spell!.
Quote:
Originally Posted by roysoldboy View Post
The one thing you will never find me doing is to change the wording of another's post and say that I am quoting him. Nice job, for a left handed person, and certainly you must have got some reps from lefties that didn't read the original version of your "quote". Now I have to hang on to my chair arms to keep from falling out laughing at your attempt.
Royal, leave Hombre alone. Those on the left have very little to complain about nowadays other than a mis-key from "out" to "our".

Hombre, you do understand this is a mis-key and not a spelling error right? T and R are right next to each other on a keyboard..

Must suck to have nothing else relevant to say..
http://www.youtube.com/watch?v=oM8l3X_7Hkg
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Old 11-07-2009, 07:29 PM
 
19,198 posts, read 31,425,821 times
Reputation: 4013
Quote:
Originally Posted by ManGoneADreamin View Post
the natural rate of unemployment is thought to be somewhere around 5%...
Economies do not grow on trees. They are imposed, man-made systems. There isn't anything "natural" about them. Market-based economies are built around a series of simultaneous equilibria, the resolution of which is not morally motivated nor necessarily constrained within ranges of possible outcomes.

Quote:
Originally Posted by ManGoneADreamin View Post
being below that equilibrium of unemployment is BAD ... only a communistic country would have < 2% unemployment..
The US had unemployment rates of less than 2% during the latter years of WWII. Think what you might about military conscription, that alone is rarely taken as enough to define a nation as being communist.

Quote:
Originally Posted by ManGoneADreamin View Post
so yea, we need to get back around 5%... so 8% unemployment is really only about 3% off of where a great economy would be unemployment wise...
Some would say that we need to reduce unemployment to the point where some negative result produced by seeking further reductions in unemployment imposes a greater social cost than does simply deciding to accept the current rate of unemployment.

Some of our right-wing friends might indeed commend 10.2% as being such an acceptable level, as they seem to see greater social costs in continuing efforts to reduce or limit unemployment though means such as economic stimulus programs than they do in simply settling for things as they are.
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Old 11-07-2009, 07:43 PM
 
19,198 posts, read 31,425,821 times
Reputation: 4013
Quote:
Originally Posted by GOPATTA2D View Post
Forget the math error.
That's a bit radical...it's the whole basis of the thread.

Quote:
Originally Posted by GOPATTA2D View Post
You were defending the underlying ideology a cuple days ago. Yes there was a math error. Yes many peope are bad at math. That aside, do you believe that increasing salaries results in an increase in "jobs"?
Is this a trick question? The simple addition of money to the system can be absorbed in either or some combination of two ways -- increases in price or increases in quantity. Loosely translated, that's either inflation or jobs. Unless resource constraints are such that all additions of money must be absorbed via inflation, such additions will result in an increase in jobs.
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Old 11-07-2009, 08:57 PM
 
Location: Maine
898 posts, read 1,398,404 times
Reputation: 566
Well... is it really a surprise? I mean, the stimulus came from the same guy that thought we had 57 states, right? I don't think math is his strong suit.
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