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Unemployment Stays at 9.5%

Discussion in 'BBS Hangout: Debate & Discussion' started by Rocketman1981, Aug 6, 2010.

  1. bigtexxx

    bigtexxx Member

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    this does not disprove basso's post.
     
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  2. FranchiseBlade

    Supporting Member

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    correct. IT only shows why bassos post is irrelevant, and doesn't really have any meaning in the discussion.
     
  3. SamFisher

    SamFisher Member

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    It's not really a triumph of facts, the facts are easy.


    A sizable dip in the UE rate and a sizable jobs created number is exactly what you want to see.

    Morons like basso c*m tyler durden trying to use the BLS annual Dec-Jan population control adjustment to try to sh-t on it is to be expected.
     
  4. basso

    basso Member
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    "annual adjustments to the population controls..." what adjustments are those?

    but, if you persist as seeing these numbers as an indicator that things are getting better:


    If the economy is getting better, then why did new home sales in the United States hit a brand new all-time record low during 2011?

    If the economy is getting better, then why are there 6 million less jobs in America today than there were before the recession started?

    If the economy is getting better, then why is the average duration of unemployment in this country close to an all-time record high?

    If the economy is getting better, then why has the number of homeless female veterans more than doubled?

    If the economy is getting better, then why has the number of Americans on food stamps increased by 3 million since this time last year and by more than 14 million since Barack Obama entered the White House?

    If the economy is getting better, then why has the number of children living in poverty in America risen for four years in a row?

    If the economy is getting better, then why is the percentage of Americans living in “extreme poverty” at an all-time high?

    http://theeconomiccollapseblog.com/archives/if-the-economy-is-improving
     
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  5. Rocketman95

    Rocketman95 Hangout Boy

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    Because Republicans would rather sit on their ass than do anything to help Americans that actually need it.
     
  6. Northside Storm

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    The desperate ZeroHedge hyperinflation monkey strikes again!

    First of all, take ZeroHedge with a grain of salt, it's a bit like quoting StormFront for race relations. About 99% of their members are Austrians who delight in predicting how the system will collapse. I do like SOME of their advice, especially when it comes to the severity of the Eurozone crisis, but let's not kid ourselves. The whole site is FILLED with short-sellers who delight in asset downswings, and who have probably had their EUR/USD and DJIA positions wiped recently.

    Okay, with that said, the answer to all your questions is the same. The American economy went through one of the biggest credit freezes in recent history, and is slowly deleveraging as a result of this shock. This was an exogenous shock caused by the greed of Wall Street. So, in order to discredit a nascent recovery by citing figures that reach three or four years back is really just a reflection of how bad the economy got, and has nothing at all to do with the current recent upswing.
     
  7. bnb

    bnb Member

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    thanks for the link basso. Holy crap.

    The ads were for: Survival Food; Combat training; and Revolutionary Realty -- homes in North Idaho.

    ...it'll be a big change from your life in NYC. You ever had wine from a box? In a dixie cup? No wonder you're scared ;).
     
  8. basso

    basso Member
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    interesting, my ads were for fine cognac, the Gilt group, and Lacrosse lessons. guess that says something about the websites you must visit.
     
  9. bnb

    bnb Member

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    :mad: MUST STOP FOLLOWING LINKS FROM THE D&D. This new Google big brother app will be my downfall.

    (I believe you can get arrested in Idaho for listening to Opera too. Just a heads up basso!).
     
  10. basso

    basso Member
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    nah man, it's all good.
    <iframe width="640" height="480" src="http://www.youtube.com/embed/c2_YO2luj48" frameborder="0" allowfullscreen></iframe>
     
  11. SamFisher

    SamFisher Member

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    I'm pretty sure Annual Adjustment for population control refers to black helicopters and the camps that we are establihsing.
     
  12. bingsha10

    bingsha10 Member

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    Not all Austrians have been predicting the imminent collapse of the stock market. Robert Wenzel has been quite vocal in his prediction of a short term upswing in the economy since basically last August.
     
  13. basso

    basso Member
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    i think you mean african american helicopters.
     
  14. Mr.Scarface

    Mr.Scarface Member

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    Improving unemployment rate, fixes all these problems....

    BTW.....You think Romney cares about the poor.......? Remember..."they have a safety net."
     
  15. Deckard

    Deckard Blade Runner
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  16. Bandwagoner

    Bandwagoner Member

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    Good thing the republicans were able to take control in 2010 and turn this thing around
     
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  17. ToyCen428

    ToyCen428 Member

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    To anyone who missed it, Ron Paul was asked about this tonight and said the % sounds good, but when you dissect the numbers, the number of jobs were INCREASED by 200,000 but some 1.2 million people got out of the work force, so technically the true % would increase to over 11%.

    He said an 8.3% unemployment rate is WAY too high.
     
  18. tallanvor

    tallanvor Member

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    The House has passed multiple budgets all of which have failed to get by the Democrat-led Senate. The Democrats have passed 0 and have no plans to. They seem to believe a couple of spending caps in another bill is all that's required.

    Not if it is dropping because people are leaving the workforce and the BLS is cooking the books.

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    #518 tallanvor, Feb 4, 2012
    Last edited: Feb 4, 2012
  19. mc mark

    mc mark Member

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  20. Air Langhi

    Air Langhi Contributing Member

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    Labor participation went down -.3%. However it looks like we are heading in the right direction.
     

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