Economic News/Discussion

[AMDScooter]

President Obama's Measure Of Progress


vs.

Reality:

Is Your Unemployment Chart Upside Down?

[SteveW]

^ That boy is the perfect measure of a piece of $h!t sticking up out of the ground......

[Invictus]

[kbohip]

^^^Thanks for that link Invictus. This is the first I've heard of this and it's been two weeks! The media doesn't want this to get out as it might hurt their Messiah's chances a bit more in November.

Just checking the usdebtclock.org site, it currently shows we are already approaching a debt to gdp ratio of 104%. What's even more ominous is that at this time in '08, that same ratio was at just over 70%. An almost 34% increase in freakin' 4 years!!! It's good to know that Americans got real smart like back in '08 and elected a president who would put an end to the nice big debt increase Bush gave us! Oh, uh...wait a minute. France btw, yeah, they are still around 80%, while unstable Italy is at 117%, a number we are very quickly on our way to.



Hmmm, the video below is from just over a year ago. Hey BO! How's that deficit cutting going? Uh, is it in half yet?

[jimzinsocal]

Weekly U/C claims. Sorta "blah" like lasr week.

http://www.dol.gov/opa/media/press/eta/ui/current.htm

[kbohip]

^^^My only hope is that in November BO finally loses his job.

http://www.marketwatch.com/story/une..._story_popular

[AMDScooter]

This "unadjusted data" that almost always gets "adjusted" up makes me wanna puke at times. Wait 2 effin weeks already and give us the numbers then. Either way our "focus like a laser" fail SCOAMF needs to go ASAP.

[jimzinsocal]

^^Agree on the accuracy question on the weekly numbers and adjustments. Its 2012. If Walmart knows when to order for rolls of tinfoil because its inventory is directly tied to cash registers...keeping track of people that file new claims in 50 states should be a cakewalk.
Funny how it works. Make an addition error of 8 dollars on taxes and see how quickly deadly accuracy becomes.
I mean really..they report late anyway with unemployment stats..it aint rocket science.

[falcon_view]

President Obama's Measure Of Progress


vs.

Reality:

Is Your Unemployment Chart Upside Down?

Even with all the pump years of Bush/republicans, the chart didn't climb. So what would you expect when the dump came when the ecomony went over a cliff?

[Dutchcedar]

Even with all the pump years of Bush/republicans, the chart didn't climb. So what would you expect when the dump came when the ecomony went over a cliff?

A solution.

[falcon_view]

A solution.

You only have to take note of my sig. We are on a one way street and have been for many years. Not even the right has solution that will work but only to continue down the same path. You might feel better getting to the same place but in the end it is all the same. BUST!!!!!!!!!!

[falcon_view]

Dutch, it is all about control while it can be controlled that you are paying for and will in the end turn around and bit you. Free market my a$$. Maybe free to control....

Take note as to what has been done.

http://www.tfmetalsreport.com/blog/3...sion-revulsion

[Dutchcedar]

^^^ We were addressing "Bush/republicans" as compared to the Obambi solution.

You answer with evil banks.

Squirrel!!!

[falcon_view]

^^^ We were addressing "Bush/republicans" as compared to the Obambi solution.

You answer with evil banks.

Squirrel!!!

As I said, both are headed to the same place on the same path. Debt!!!

BTW, future republicans are staying on the same path. So how do you expect a different outcome? The only difference is who's pockets get lined before the bust. If it makes you feel better that the top % get their pocket lined more so go with it but you will end up in the same place in the end. You can't pay down the debt or cut off the overspending without adverse effect to the economy.

As one of my republican friend keeps saying, "labor costs here are too high". He isn't just talking about those digging ditches, you are included.

So tell me how the economy can improve if you pull money out of the economy by paying down debt and cutting pay to those who spend the majority of their income? If large amounts of money is parked and not put back into the economy (buying goods and services) how can the economy grow? For those with the money to invest in jobs there has to be a demand thus buying or borrowing power of those who would spent their income. Question--would you invest in anything if there wasn't a demand for your services or goods?

Point is government for years and yes the republicans also do their best to create demand by handouts even to the poor. Cut off those dollars to the poor and demand goes down along with a host of other problems.

You don't like the poor getting medical care. Fine, cut it off and demand goes down putting more people out of work but for some the cost of health care maybe lower. Along with demand there is research, with less demand research slows down.

What I am saying you are between a rock and a hard place staying on the same path with both parties.

If the people don't spend/overspend or not able to, what do you have left?

Just before the crash both were overspending, the people and the government. Where did that get you with debt base dollars?

Answer--National Debt.

You can call it squirrel all day but the result of what we have only leads to one place while the right is as much apart of it as the left. The only difference is you like one pilot over the other taking you to the crash site.

To put it in a metaphor, you are trying to defy the laws of gravity.

[Dutchcedar]

^^^ Saying that the Democrats and the Republicans have the same path in their plans is simply not true. Its kinda like having a discussion with a brick wall... especially when its peppered with nuggets such as:

You don't like the poor getting medical care.

I never said that, suggested that or even hinted at anything so ridiculous and you can't cite a single Republican who has.

Pfft.