Survival
By Annalyn Censky | CNNMoney.com – Thu, Jan 12, 2012
"The Labor Department reported Thursday that 399,000 people filed for initial jobless benefits, up 24,000 from the week before. That's awfully close to the 400,000 level economists often say is too high to bring the unemployment rate down substantially."
Hmmmm, this is not good for the US nor for Obama's reelection chances. Notice how the number was 'cooked' to keep it magically under 400k. Rush thinks the number will be quietly revised up.
Why wouldn't anyone know this would happen? My GAWD! Basic Econ 101 again said it had to happen. I wondered why no one, not even Fox talked about the temp hiring numbers for XMAS, and after XMAS what would happen to the temps?...back looking for a job, or just plain giving up looking like many have. Now Obama talks about changing the money made oversees, and not taxing these big International Co. twice, saying he will give them a tax break if they bring the money home. Really? That should have been done a long time ago. That is "investment capital" here at home like hoski refers to as VULTURE capital. Capital investment like Bain Capital that Romney founded. Remember also, Obama has FIRED 80,000 troops lately! Those are folks coming home looking for work adding to the unemployment rolls. Of course, they are not union members so they were easy for Obama to fire.
Rat will call it a lie though! Heh Heh
Notice too the explanation,...holiday hires.
What's more interesting to me is the fact that according to the same Labor Dept. statistics, private sector hiring has risen for 20 months...as opposed to losing 800K per month at it's peak during the last administration.
But I don't want to be accused of changing the subject or swaying the conversation, so yes, slight monthly uptick looks bad.
No, what looks bad, is the fact this administration has lost, as in lost 3 million jobs!!!!! What looks bad is the fact that Obama said, "let me jam this massive tax payer stimulus up your arse, or we will cause the terrible unemployment number of 8% to rise above 8% if we don't pass it!!...a $$$trillion dollars of peoples' money waste later unemployment went to 9,5 % and many folks quite even looking for jobs. Those without a fulltime job rose to 16 % !!! The disperity between the rich and the poor is greater now than it has been in decades, because rich folks are not investing their money in the USA because of leftist governance policy. And the recession that normally last on ave. 6-9 mo. has lasted into Obama's 4th year!!!!!! And Sayfu told you it would happen from Obama's day one!!
Actually I'd agree but in stronger terms.
At the current rate of new jobs it will take us sometime way out yonder before we reach 2006 levels of employment,,,, and don't forget we need to add thousands of jobs per month just to keep our head above water due to immigration and births.
In the last couple years of the Bush Admin we lost 12 million jobs. Gaining a few thousand here and a few thousand there just won't cut the mustard. Instead of a jobs bill congress has fought over the EPA regulating farm dust which the EPA said it wasn't going to do anyway and other trivial matters.
It's a pretty low bar but there were more jobs created during the first year of Obama than in 8 years of Bush.
It's no secret that Democrats are into jobs http://www.democraticunderground.com/discuss/duboard.php?az=view_all&add...
It makes sense and Republicans don't need to pretend that job creation is somehow a good thing. Republicans are into wealth creation, some might trickle down and some might not, they've never made a secret of the fact.
Republican counterspin here
http://reflectionsofarationalrepublican.com/2011/04/02/bush-vs-obama-tot...
But because he didn't put the finger on the scales except in his prose the trend speaks for itself. Obama took over the presidency when jobs and the economy were in free fall, the rate of decline was accelerating. He reversed that trend and took us into positive territory. The largest reversal in history.
Added factoid. Obama has reduced the size of the federal government the most in 30 years through streamlining of bloated bureaucracies.
Immigration is DOWN!!!! The flood of illegals at the border is DOWN due to Obamanomics, and his shrinking the economy that ALWAYS happens with socialist governance picking and choosing winners. The Latinos are staying home...no jobs here. In case your memory has been adversely effected by illegal substances you hope are made legal, Bush lowered the unemployment rate to 4.5% for 54 straight months!!!! Have you a clue as to how much more in tax revenues that creates by expanding the economy by 4.5% GDP growth as apposed to over 9% unemployment and less than 2 % GDP growth that Obama created? Why all the crap? Your liberalism is being schitcanned for obvious reasons.
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Why wouldn't anyone know this would happen? My GAWD! Basic Econ 101 again said it had to happen. I wondered why no one, not even Fox talked about the temp hiring numbers for XMAS, and after XMAS what would happen to the temps?...back looking for a job, or just plain giving up looking like many have. Now Obama talks about changing the money made oversees, and not taxing these big International Co. twice, saying he will give them a tax break if they bring the money home. Really? That should have been done a long time ago. That is "investment capital" here at home like hoski refers to as VULTURE capital. Capital investment like Bain Capital that Romney founded. Remember also, Obama has FIRED 80,000 troops lately! Those are folks coming home looking for work adding to the unemployment rolls. Of course, they are not union members so they were easy for Obama to fire.
Rat will call it a lie though! Heh Heh
Notice too the explanation,...holiday hires.
What's more interesting to me is the fact that according to the same Labor Dept. statistics, private sector hiring has risen for 20 months...as opposed to losing 800K per month at it's peak during the last administration.
But I don't want to be accused of changing the subject or swaying the conversation, so yes, slight monthly uptick looks bad.
Actually I'd agree but in stronger terms.
At the current rate of new jobs it will take us sometime way out yonder before we reach 2006 levels of employment,,,, and don't forget we need to add thousands of jobs per month just to keep our head above water due to immigration and births.
In the last couple years of the Bush Admin we lost 12 million jobs. Gaining a few thousand here and a few thousand there just won't cut the mustard. Instead of a jobs bill congress has fought over the EPA regulating farm dust which the EPA said it wasn't going to do anyway and other trivial matters.
It's a pretty low bar but there were more jobs created during the first year of Obama than in 8 years of Bush.
It's no secret that Democrats are into jobs http://www.democraticunderground.com/discuss/duboard.php?az=view_all&add...
It makes sense and Republicans don't need to pretend that job creation is somehow a good thing. Republicans are into wealth creation, some might trickle down and some might not, they've never made a secret of the fact.
Republican counterspin here
http://reflectionsofarationalrepublican.com/2011/04/02/bush-vs-obama-tot...
But because he didn't put the finger on the scales except in his prose the trend speaks for itself. Obama took over the presidency when jobs and the economy were in free fall, the rate of decline was accelerating. He reversed that trend and took us into positive territory. The largest reversal in history.
Added factoid. Obama has reduced the size of the federal government the most in 30 years through streamlining of bloated bureaucracies.
No, what looks bad, is the fact this administration has lost, as in lost 3 million jobs!!!!! What looks bad is the fact that Obama said, "let me jam this massive tax payer stimulus up your arse, or we will cause the terrible unemployment number of 8% to rise above 8% if we don't pass it!!...a $$$trillion dollars of peoples' money waste later unemployment went to 9,5 % and many folks quite even looking for jobs. Those without a fulltime job rose to 16 % !!! The disperity between the rich and the poor is greater now than it has been in decades, because rich folks are not investing their money in the USA because of leftist governance policy. And the recession that normally last on ave. 6-9 mo. has lasted into Obama's 4th year!!!!!! And Sayfu told you it would happen from Obama's day one!!
Immigration is DOWN!!!! The flood of illegals at the border is DOWN due to Obamanomics, and his shrinking the economy that ALWAYS happens with socialist governance picking and choosing winners. The Latinos are staying home...no jobs here. In case your memory has been adversely effected by illegal substances you hope are made legal, Bush lowered the unemployment rate to 4.5% for 54 straight months!!!! Have you a clue as to how much more in tax revenues that creates by expanding the economy by 4.5% GDP growth as apposed to over 9% unemployment and less than 2 % GDP growth that Obama created? Why all the crap? Your liberalism is being schitcanned for obvious reasons.
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