Job report: 171,000 new jobs in October, previous months revised up 84,000, UR @ 7.9%

[Ryan]

Recoveries aren't usually this shitty hence "the worst recovery since the great depression".

Usually when the economy is coming out of recession it recovers at a greater pace than it has the last 3 years.

It's the worst recover since the Great Depression because we just went through the worst recession since the Great Depression.

There's no other fucking way to say it - it's incomparable to any recession we have had since.

 

[jackstar7]

So do you admit that the economy is not as rosy as some talking heads would like everyone to believe? Or are you just diverting from the issue - as in "yeah, but but but.... it would have been even worse any other way"

Since I have no idea what talking heads you're talking about... then totally. Not nearly that rosy. Much different hue.

So now will you answer what your plan would be to a more robust economy?

 

[ivwshane]

Recoveries aren't usually this shitty hence "the worst recovery since the great depression".

Usually when the economy is coming out of recession it recovers at a greater pace than it has the last 3 years.

Do you want to know why the recovery is shittier than normal? Because we have a congress that's shittier than normal and a republican congress that has blocked everything in lockstep.

http://www.washingtonpost.com/blogs...-in-one-graph/2012/05/15/gIQAVHf0RU_blog.html

http://1.bp.blogspot.com/-cjiipW6W3...s1600/Gallup+Congress+Approval+2011-08-17.png


Do you want to know what job sector has grown the slowest compared to other recoveries? It's the public sector. Do you think that is a good thing or a bad thing that government isn't growing as fast as it has in previous recoveries?

http://s3.amazonaws.com/dk-production/images/5432/large/Public_sector.png?1347051490

Do you know what policies the right and Romney have proposed to speed up the recovery? Lowering taxes. What do you think the chances are that that will lead to a faster recovery? Probably not very likely.

http://graphics8.nytimes.com/news/business/0915taxesandeconomy.pdf

So why isn't the economy recovering at a faster pace? Because people like you, whose ideas are bullshit, keep getting in the way. It's people like you, who refuse to acknowledge facts, and who keep electing morons to public office that put party before their country.

So yeah the economy is recovering slowly, you want it to recover faster? Then get the fuck out of the way!

 

[Munky]

Since I have no idea what talking heads you're talking about... then totally. Not nearly that rosy. Much different hue.

So now will you answer what your plan would be to a more robust economy?

First, people will have to admit that the economic "growth" for the last 20 years or so has been backed by cheap credit expansion and is not sustainable in the long run. Therefore the contraction we're seeing is unavoidable, and trying to hold it off with QE and monetary tricks is unsustainable also. The you can start talking about a recovery based on actual productive economic output and not overinflated asset prices.