Originally posted by: Sudheer Anne
who cares Cad, kerry's coming into office in a few months and all this bush talk will be irrelevant.
Indeed. The bond markets are bleeding. Inflation is rearing its ugly head. IMO, the Fed screwed up by not raising rates earlier this week, as such action might have contained inflation fears in the bond and mortgage-backed securities markets.Originally posted by: Stunt
"Investors are very nervous."
For good reason!
Originally posted by: Sudheer Anne
who cares Cad, kerry's coming into office in a few months and all this bush talk will be irrelevant.
Originally posted by: Stunt
I am by no means left, i'm am very much conservative, and most conservatives shouldn't just looking at jobs but where they are coming from and how well the country is doing as a whole. Jobs on the back of the debt through the form of tax cuts for the rich and lower interest rates is no way to stimulate the economy. In effect this is no better than government created jobs with massive deficits.
The US debt, for fun refresh your browser, mmmm look at that sh!t go!
Originally posted by: CADkindaGUY
OH TEH NOEEEEESSSS!!!!! Who is going to watch the sky while you are in your cube farm?
Anyway - congrats on your new job. Maybe now you won't be such a pessimist.
CkG
Edit -this needs it's own thread![]()
Originally posted by: dmcowen674
This was out of the Blue that I got called. I had not applied there or anything.
Hell hath frozen over.
Originally posted by: earthman
Bush will be the only president since the depression to leave office with less americans working than when he came in. Still 3,000,000 jobs to go just to get back where we were.
Originally posted by: Stunt
either of you two have data to back that up?
Originally posted by: Stunt
either of you two have data to back that up?
Originally posted by: dmcowen674
This was out of the Blue that I got called. I had not applied there or anything.
They did reverse networking. A person who knows a person kind of thing gave him my number. I have a rough idea who gave him my number but not a 100% sure who.
Originally posted by: Stunt
I am by no means left, i'm am very much conservative, and most conservatives shouldn't just looking at jobs but where they are coming from and how well the country is doing as a whole. Jobs on the back of the debt through the form of tax cuts for the rich and lower interest rates is no way to stimulate the economy. In effect this is no better than government created jobs with massive deficits.
The US debt, for fun refresh your browser, mmmm look at that sh!t go!
Why don't you research the Total net worth of the Us (Government and private), And then
research Total Debt (Government and private..) And then maybe you will have a clue, ehhhh.
January 2001 - 132,388,000 (non-farm employment)
April 2004 - 130,902,000 (Non-farm employment)
So that is 1,486,000 seasonally adjusted jobs less - not 3,000,000.
Now also one must consider the household survey which shows a gain of 1.643 million jobs.
First quarter 2001 - 136,933,000 Employed
Current number - 138,576,000 Employed
So either way you cut it - his post was wrong.
Originally posted by: Stunt
January 2001 - 132,388,000 (non-farm employment)
April 2004 - 130,902,000 (Non-farm employment)
So that is 1,486,000 seasonally adjusted jobs less - not 3,000,000.
Now also one must consider the household survey which shows a gain of 1.643 million jobs.
First quarter 2001 - 136,933,000 Employed
Current number - 138,576,000 Employed
So either way you cut it - his post was wrong.
Ok, so lets say there are 1.64 million more jobs now than the end of the clinton term.
According to the Berkeley Ansley Coale Formula (P(t) = 271 + 5*t starting at 1998 and t in years)
the population has increased from 286million in 2001 to 301million ppl in 2004.
so minimal gains on jobs compared to the population increase, nice try though!
