Jobs finally pick up, 122k new jobs added, Unemploy rate falls to 5.6%, Bush wins election.

Page 3 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

charrison

Lifer
Oct 13, 1999
17,033
1
81
linkage

Some economists think hiring really is occurring in the economy, but it is not being reflected in the Labor Department's monthly survey of business payrolls. In the separate survey of households, employment jumped by 496,000 last month.

The household survey counts self-employed workers and contract workers, which are increasing. The survey of businesses does not.


"They're not recording the outside contractors - they're not reflecting something that is tremendously fundamental now to the American corporate scene, and that's outsourcing to outside contractors," Mayland said.

The Labor Department's Bureau of Labor Statistics acknowledged the continuing discrepancies, and said it is investigating.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: charrison
linkage

Some economists think hiring really is occurring in the economy, but it is not being reflected in the Labor Department's monthly survey of business payrolls. In the separate survey of households, employment jumped by 496,000 last month.

The household survey counts self-employed workers and contract workers, which are increasing. The survey of businesses does not.


"They're not recording the outside contractors - they're not reflecting something that is tremendously fundamental now to the American corporate scene, and that's outsourcing to outside contractors," Mayland said.

The Labor Department's Bureau of Labor Statistics acknowledged the continuing discrepancies, and said it is investigating.

See Hardwarrior, according Charrison, CAD & Co and the Administration everyone is working, there is no one unemployed and everyone is making the highest wages ever by 2 cents now.

You are obviously oblivious, misinformed and just plain imagining in your head.
 

leeboy

Banned
Dec 8, 2003
451
0
0
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: FrodoB
THe truth is that the economy is doing incredibly well right now. It is absolutely amazing that this economy is doing this well considering that Clinton left us with the beginnings of a recession.

Come again? You republicans think that if you blow enough smoke up our a$$es we will believe what you say. Get your facts straight. Economy, NOT doing incredibly well.

Clinton, did NOT leave us with the beginnings of a recession. The beginnings of the recession were set into motion when investors realized Bush was going to win the election in November of 2000. I felt it, everyone else with a brain felt it happening, where were you? It was a like a big black cloud was slowly passing over the US and has now parked there for the past 4 years.

Funny how you try and pass that off on Clinton though. Pft.

Strange, I thought I heard something about the election being very close and now you claim that everyone knew the outcome a year ahead of time. You liberals are amazing. We didn't need to hold the election at all.

Could you give me a tip on next weeks lottery?

Uh, bright light shining.... if you are an investor and there is a 50-50 chance that the end of the cash flow rainbow is neigh, you SELL. Don't need to wait for the outcome if there is good chance it won't favor you. Hmmm, that seems pretty obvious though. Yawn at your attempt. Sleepy now. Zzzzz.
 

etech

Lifer
Oct 9, 1999
10,597
0
0
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: FrodoB
THe truth is that the economy is doing incredibly well right now. It is absolutely amazing that this economy is doing this well considering that Clinton left us with the beginnings of a recession.

Come again? You republicans think that if you blow enough smoke up our a$$es we will believe what you say. Get your facts straight. Economy, NOT doing incredibly well.

Clinton, did NOT leave us with the beginnings of a recession. The beginnings of the recession were set into motion when investors realized Bush was going to win the election in November of 2000. I felt it, everyone else with a brain felt it happening, where were you? It was a like a big black cloud was slowly passing over the US and has now parked there for the past 4 years.

Funny how you try and pass that off on Clinton though. Pft.

Strange, I thought I heard something about the election being very close and now you claim that everyone knew the outcome a year ahead of time. You liberals are amazing. We didn't need to hold the election at all.

Could you give me a tip on next weeks lottery?

Uh, bright light shining.... if you are an investor and there is a 50-50 chance that the end of the cash flow rainbow is neigh, you SELL. Don't need to wait for the outcome if there is good chance it won't favor you. Hmmm, that seems pretty obvious though. Yawn at your attempt. Sleepy now. Zzzzz.

I see why you are yawning, you are asleep.

You have made a correlation with no proof behind it, what is otherwise called an unfounded accusation.
Lay out your proof, if you can, and than we can all have some fun tearing it apart.

Thanks for playing.

 

HardWarrior

Diamond Member
Jan 26, 2004
4,400
23
81
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY
Find those numbers yet HW? Didn't think so....

CkG

Hello CAD. Still braying up the wrong tree I see.

Nope - you still haven't backed up your claim. That's OK, no one seems to be able to when challenged on it so I'll just chalk it up to you not knowing what you were posting since it was part of your opening rant.:)

CkG

If it's okay why are you still harping on it? What about "I don't have to prove anything to you." don't you understand?

 

HardWarrior

Diamond Member
Jan 26, 2004
4,400
23
81
Originally posted by: Vic
1. The President does not and should not control the US economy. The downturn that began in 2000 was a combination of a backlash against the dot-com boom, discovery of corporate stock manipulation and fraud, and the Fed's excessive rate policy at the time (the Prime was 9.5% in 2000, and 30 year fixed mortgage rates were over 8%, something I think everyone forgets now). The economy had been booming too hard, and the Fed put on the brakes too hard, and here we are today. To blame that on any President would be foolish. Some credit though, should be given to Clinton for keep the budget balanced in the late 90s, which made the low interest rates we have today possible.

2. If the economy is so good right now, and booming soooo fast, why are interest rates still low? Why did the yield on the 10 year bond improve almost 10bps on yesterday's news? Because the news, while good, isn't that good. Less jobs were added that expected, and the drop in unemployment is partially due to the large number of unemployed who fell off the rolls at the end of last year.

Fanbois (either side)...
rolleye.gif
:disgust:
rolleye.gif

Well said and all true.

 

HardWarrior

Diamond Member
Jan 26, 2004
4,400
23
81
Originally posted by: dmcowen674
Originally posted by: charrison
linkage

Some economists think hiring really is occurring in the economy, but it is not being reflected in the Labor Department's monthly survey of business payrolls. In the separate survey of households, employment jumped by 496,000 last month.

The household survey counts self-employed workers and contract workers, which are increasing. The survey of businesses does not.


"They're not recording the outside contractors - they're not reflecting something that is tremendously fundamental now to the American corporate scene, and that's outsourcing to outside contractors," Mayland said.

The Labor Department's Bureau of Labor Statistics acknowledged the continuing discrepancies, and said it is investigating.

See Hardwarrior, according Charrison, CAD & Co and the Administration everyone is working, there is no one unemployed and everyone is making the highest wages ever by 2 cents now.

You are obviously oblivious, misinformed and just plain imagining in your head.

Yup, and on top of that CAD is making me feel bad... :D
 

leeboy

Banned
Dec 8, 2003
451
0
0
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: FrodoB
THe truth is that the economy is doing incredibly well right now. It is absolutely amazing that this economy is doing this well considering that Clinton left us with the beginnings of a recession.

Come again? You republicans think that if you blow enough smoke up our a$$es we will believe what you say. Get your facts straight. Economy, NOT doing incredibly well.

Clinton, did NOT leave us with the beginnings of a recession. The beginnings of the recession were set into motion when investors realized Bush was going to win the election in November of 2000. I felt it, everyone else with a brain felt it happening, where were you? It was a like a big black cloud was slowly passing over the US and has now parked there for the past 4 years.

Funny how you try and pass that off on Clinton though. Pft.

Strange, I thought I heard something about the election being very close and now you claim that everyone knew the outcome a year ahead of time. You liberals are amazing. We didn't need to hold the election at all.

Could you give me a tip on next weeks lottery?

Uh, bright light shining.... if you are an investor and there is a 50-50 chance that the end of the cash flow rainbow is neigh, you SELL. Don't need to wait for the outcome if there is good chance it won't favor you. Hmmm, that seems pretty obvious though. Yawn at your attempt. Sleepy now. Zzzzz.

I see why you are yawning, you are asleep.

You have made a correlation with no proof behind it, what is otherwise called an unfounded accusation.
Lay out your proof, if you can, and than we can all have some fun tearing it apart.

Thanks for playing.

Don't need to prove anything. Anyone who was employed in the tech sector in the Summer and Fall of 2000 saw their stock options and the price of their company's stock fall a little more every day as the election approached. Direct correlation, fvck yes. It was the fact the Bill Clinton was no longer going to be the president that scared the investors into a selling frenzy. So Bush, Gore, matters not. I correct myself. Do you NOT remember the stock market slowly falling apart during this time frame? Selective memory perhaps? Tear it apart now, it is the truth and you know it.

 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY
Find those numbers yet HW? Didn't think so....

CkG

Hello CAD. Still braying up the wrong tree I see.

Nope - you still haven't backed up your claim. That's OK, no one seems to be able to when challenged on it so I'll just chalk it up to you not knowing what you were posting since it was part of your opening rant.:)

CkG

If it's okay why are you still harping on it? What about "I don't have to prove anything to you." don't you understand?

What part of "back up your claim" don't you understand? In other words don't post a claim about 3.5+ million jobs being lost without being able to provide evidence to back it up. But you are right - you don't have to prove anything to me because we now know you can't/won't and we'll just have to chalk up any claim you make to just a rant unless coupled with evidence.:)

CkG
 

HardWarrior

Diamond Member
Jan 26, 2004
4,400
23
81
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY
Find those numbers yet HW? Didn't think so....

CkG

Hello CAD. Still braying up the wrong tree I see.

Nope - you still haven't backed up your claim. That's OK, no one seems to be able to when challenged on it so I'll just chalk it up to you not knowing what you were posting since it was part of your opening rant.:)

CkG

If it's okay why are you still harping on it? What about "I don't have to prove anything to you." don't you understand?

What part of "back up your claim" don't you understand? In other words don't post a claim about 3.5+ million jobs being lost without being able to provide evidence to back it up. But you are right - you don't have to prove anything to me because we now know you can't/won't and we'll just have to chalk up any claim you make to just a rant unless coupled with evidence.:)

CkG

The point is, sir, I'm NOT going to play this game under YOUR rules. No matter how many times you claim "moral" authority to make me do so. I've debated everything from gun control to drug legalization to abortion since the early days of packet networks, and not once has a fop like you tried to MAKE me justify my words. So please, just ah heck off. Your school-yard, "my post count is bigger" BS is tiring.

 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY
Find those numbers yet HW? Didn't think so....

CkG

Hello CAD. Still braying up the wrong tree I see.

Nope - you still haven't backed up your claim. That's OK, no one seems to be able to when challenged on it so I'll just chalk it up to you not knowing what you were posting since it was part of your opening rant.:)

CkG

If it's okay why are you still harping on it? What about "I don't have to prove anything to you." don't you understand?

What part of "back up your claim" don't you understand? In other words don't post a claim about 3.5+ million jobs being lost without being able to provide evidence to back it up. But you are right - you don't have to prove anything to me because we now know you can't/won't and we'll just have to chalk up any claim you make to just a rant unless coupled with evidence.:)

CkG

The point is, sir, I'm NOT going to play this game under YOUR rules. No matter how many times you claim "moral" authority to make me do so. I've debated everything from gun control to drug legalization to abortion since the early days of packet networks, and not once has a fop like you tried to MAKE me justify my words. So please, just ah heck off. Your school-yard, "my post count is bigger" BS is tiring.

I'm sorry you feel that your post count makes you inferior but I don't even pay attention to that and infact the majority of my posts have not come in this forum(although as of late, this is where they've been;)) But yeah, I guess debate works when people can't/won't back up their claims with evidence - no?;)
I called you on your claim and you refuse to back it up. You can try to paint this as whatever you wish to help you sleep but it's actually quite a simple issue. Please provide the evidence to back up your 3.5+ million jobs lost claim. That's all it'd take and then you could claim the "moral" fortitude you seem to think I display as authority.

So yes, ante up the evidence or kindly find you way into a different discussion where people don't challenge you.

CkG
 

HardWarrior

Diamond Member
Jan 26, 2004
4,400
23
81
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY

I'm sorry you feel that your post count makes you inferior but I don't even pay attention to that and infact the majority of my posts have not come in this forum(although as of late, this is where they've been;)) But yeah, I guess debate works when people can't/won't back up their claims with evidence - no?;)
I called you on your claim and you refuse to back it up. You can try to paint this as whatever you wish to help you sleep but it's actually quite a simple issue. Please provide the evidence to back up your 3.5+ million jobs lost claim. That's all it'd take and then you could claim the "moral" fortitude you seem to think I display as authority.

So yes, ante up the evidence or kindly find you way into a different discussion where people don't challenge you.

CkG

WTF is wrong with you dude? We've been over every single thing in the post above, ad nausem, but you just keep going with the same tired sh1t. You've even tried to illicit the help of others in your childish, asinine crusade. As if pack tactics will somehow vindicate your rotten, juvenile behavior. The very FIRST thing you said to me was a lame insult. Yet somwhere in that demented egg you call a head, you think I'm supposed to let myself be bullied into doing something that no one else he seems to do. That's right, interspersed with your BS ravings people have offered all manner of subjective data. And not one of your mystery gang has popped in demanding that THEY prove anything. Look, I'm not your personal white whale, I'm not going to prove ANYTHING to you and I'm surely not going to kiss your ass.

Whatever your problem is just doesn't include me. Be an adult if you're able, move on.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY

I'm sorry you feel that your post count makes you inferior but I don't even pay attention to that and infact the majority of my posts have not come in this forum(although as of late, this is where they've been;)) But yeah, I guess debate works when people can't/won't back up their claims with evidence - no?;)
I called you on your claim and you refuse to back it up. You can try to paint this as whatever you wish to help you sleep but it's actually quite a simple issue. Please provide the evidence to back up your 3.5+ million jobs lost claim. That's all it'd take and then you could claim the "moral" fortitude you seem to think I display as authority.

So yes, ante up the evidence or kindly find you way into a different discussion where people don't challenge you.

CkG

WTF is wrong with you dude? We've been over every single thing in the post above, ad nausem, but you just keep going with the same tired sh1t. You've even tried to illicit the help of others in your childish, asinine crusade. As if pack tactics will somehow vindicate your rotten, juvenile behavior. The very FIRST thing you said to me was a lame insult. Yet somwhere in that demented egg you call a head, you think I'm supposed to let myself be bullied into doing something that no one else he seems to do. That's right, interspersed with your BS ravings people have offered all manner of subjective data. And not one of your mystery gang has popped in demanding that THEY prove anything. Look, I'm not your personal white whale, I'm not going to prove ANYTHING to you and I'm surely not going to kiss your ass.

Whatever your problem is just doesn't include me. Be an adult if you're able, move on.

Yeah, the same tired sh!t that you refuse to address.
I challenged your post and you've proceeded to dance and divert ever since. I've asked for no help - I clearly stated that we(the others in this forum) been over this before - not that I needed their help.:p
Others have provided evidence along with their claims(except dave ofcourse who always reads things backwards;)) And yes when you post a claim you have to have the evidence to back it up - that is how debate works. You know - citing evidence;)
The "problem" isn't with me and I don't want you to kiss my ass, I just ask that you show me the evidence to back up your claim that we've lost 3.5+ million jobs.:)

But like I said before: ante up the evidence or kindly find you way into a different discussion where people don't challenge you.

CkG
 

HardWarrior

Diamond Member
Jan 26, 2004
4,400
23
81
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY

I'm sorry you feel that your post count makes you inferior but I don't even pay attention to that and infact the majority of my posts have not come in this forum(although as of late, this is where they've been;)) But yeah, I guess debate works when people can't/won't back up their claims with evidence - no?;)
I called you on your claim and you refuse to back it up. You can try to paint this as whatever you wish to help you sleep but it's actually quite a simple issue. Please provide the evidence to back up your 3.5+ million jobs lost claim. That's all it'd take and then you could claim the "moral" fortitude you seem to think I display as authority.

So yes, ante up the evidence or kindly find you way into a different discussion where people don't challenge you.

CkG

WTF is wrong with you dude? We've been over every single thing in the post above, ad nausem, but you just keep going with the same tired sh1t. You've even tried to illicit the help of others in your childish, asinine crusade. As if pack tactics will somehow vindicate your rotten, juvenile behavior. The very FIRST thing you said to me was a lame insult. Yet somwhere in that demented egg you call a head, you think I'm supposed to let myself be bullied into doing something that no one else he seems to do. That's right, interspersed with your BS ravings people have offered all manner of subjective data. And not one of your mystery gang has popped in demanding that THEY prove anything. Look, I'm not your personal white whale, I'm not going to prove ANYTHING to you and I'm surely not going to kiss your ass.

Whatever your problem is just doesn't include me. Be an adult if you're able, move on.

Yeah, the same tired sh!t that you refuse to address.
I challenged your post and you've proceeded to dance and divert ever since. I've asked for no help - I clearly stated that we(the others in this forum) been over this before - not that I needed their help.:p
Others have provided evidence along with their claims(except dave ofcourse who always reads things backwards;)) And yes when you post a claim you have to have the evidence to back it up - that is how debate works. You know - citing evidence;)
The "problem" isn't with me and I don't want you to kiss my ass, I just ask that you show me the evidence to back up your claim that we've lost 3.5+ million jobs.:)

But like I said before: ante up the evidence or kindly find you way into a different discussion where people don't challenge you.

CkG

Again, sir, I'm not going to do any such thing. This isn't a college-level debate forum. A challenge has to be taken up and I've refused, several times. Live with it. And what's with all the emotes? You obviously aren't finding any humor in your repeated diatribes.

 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY

I'm sorry you feel that your post count makes you inferior but I don't even pay attention to that and infact the majority of my posts have not come in this forum(although as of late, this is where they've been;)) But yeah, I guess debate works when people can't/won't back up their claims with evidence - no?;)
I called you on your claim and you refuse to back it up. You can try to paint this as whatever you wish to help you sleep but it's actually quite a simple issue. Please provide the evidence to back up your 3.5+ million jobs lost claim. That's all it'd take and then you could claim the "moral" fortitude you seem to think I display as authority.

So yes, ante up the evidence or kindly find you way into a different discussion where people don't challenge you.

CkG

WTF is wrong with you dude? We've been over every single thing in the post above, ad nausem, but you just keep going with the same tired sh1t. You've even tried to illicit the help of others in your childish, asinine crusade. As if pack tactics will somehow vindicate your rotten, juvenile behavior. The very FIRST thing you said to me was a lame insult. Yet somwhere in that demented egg you call a head, you think I'm supposed to let myself be bullied into doing something that no one else he seems to do. That's right, interspersed with your BS ravings people have offered all manner of subjective data. And not one of your mystery gang has popped in demanding that THEY prove anything. Look, I'm not your personal white whale, I'm not going to prove ANYTHING to you and I'm surely not going to kiss your ass.

Whatever your problem is just doesn't include me. Be an adult if you're able, move on.

Yeah, the same tired sh!t that you refuse to address.
I challenged your post and you've proceeded to dance and divert ever since. I've asked for no help - I clearly stated that we(the others in this forum) been over this before - not that I needed their help.:p
Others have provided evidence along with their claims(except dave ofcourse who always reads things backwards;)) And yes when you post a claim you have to have the evidence to back it up - that is how debate works. You know - citing evidence;)
The "problem" isn't with me and I don't want you to kiss my ass, I just ask that you show me the evidence to back up your claim that we've lost 3.5+ million jobs.:)

But like I said before: ante up the evidence or kindly find you way into a different discussion where people don't challenge you.

CkG

Again, sir, I'm not going to do any such thing. This isn't a college-level debate forum. A challenge has to be taken up and I've refused, several times. Live with it. And what's with all the emotes? You obviously aren't finding any humor in your repeated diatribes.

Don't like the smileys? "Live with it.":D
No one said this was a college style debate forum, but that doesn't mean you don't have to back up a claim with evidence.

But like I said before: ante up the evidence or kindly find you way into a different discussion where people don't challenge you. -Seems to me you should pick the latter:)

CkG
 

etech

Lifer
Oct 9, 1999
10,597
0
0
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: FrodoB
THe truth is that the economy is doing incredibly well right now. It is absolutely amazing that this economy is doing this well considering that Clinton left us with the beginnings of a recession.

Come again? You republicans think that if you blow enough smoke up our a$$es we will believe what you say. Get your facts straight. Economy, NOT doing incredibly well.

Clinton, did NOT leave us with the beginnings of a recession. The beginnings of the recession were set into motion when investors realized Bush was going to win the election in November of 2000. I felt it, everyone else with a brain felt it happening, where were you? It was a like a big black cloud was slowly passing over the US and has now parked there for the past 4 years.

Funny how you try and pass that off on Clinton though. Pft.

Strange, I thought I heard something about the election being very close and now you claim that everyone knew the outcome a year ahead of time. You liberals are amazing. We didn't need to hold the election at all.

Could you give me a tip on next weeks lottery?

Uh, bright light shining.... if you are an investor and there is a 50-50 chance that the end of the cash flow rainbow is neigh, you SELL. Don't need to wait for the outcome if there is good chance it won't favor you. Hmmm, that seems pretty obvious though. Yawn at your attempt. Sleepy now. Zzzzz.

I see why you are yawning, you are asleep.

You have made a correlation with no proof behind it, what is otherwise called an unfounded accusation.
Lay out your proof, if you can, and than we can all have some fun tearing it apart.

Thanks for playing.

Don't need to prove anything. Anyone who was employed in the tech sector in the Summer and Fall of 2000 saw their stock options and the price of their company's stock fall a little more every day as the election approached. Direct correlation, fvck yes. It was the fact the Bill Clinton was no longer going to be the president that scared the investors into a selling frenzy. So Bush, Gore, matters not. I correct myself. Do you NOT remember the stock market slowly falling apart during this time frame? Selective memory perhaps? Tear it apart now, it is the truth and you know it.


In other words, you can't prove it.

One sentence for you.

Correlation Does Not Prove Causation.

Let me know when you understand that and why and how it shows that your argument is completely flawed.
 

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
Originally posted by: charrison
linkage

Some economists think hiring really is occurring in the economy, but it is not being reflected in the Labor Department's monthly survey of business payrolls. In the separate survey of households, employment jumped by 496,000 last month.

The household survey counts self-employed workers and contract workers, which are increasing. The survey of businesses does not.


"They're not recording the outside contractors - they're not reflecting something that is tremendously fundamental now to the American corporate scene, and that's outsourcing to outside contractors," Mayland said.

The Labor Department's Bureau of Labor Statistics acknowledged the continuing discrepancies, and said it is investigating.
Bear in mind that the household survey considers a person "employed" if they did any work at all for pay during the survey week. If a person works even one hour, he or she is considered employed. In essence, it measures how many people are finding any way to earn money, part-time, underemployed, mowing a lawn for cash, whatever. It does NOT measure how many people are employed, let alone how many have appropriate full-time employment.

It is useful information, but be aware of its limitations.

 

KevinH

Diamond Member
Nov 19, 2000
3,110
7
81
Originally posted by: Vic
1. The President does not and should not control the US economy. The downturn that began in 2000 was a combination of a backlash against the dot-com boom, discovery of corporate stock manipulation and fraud, and the Fed's excessive rate policy at the time (the Prime was 9.5% in 2000, and 30 year fixed mortgage rates were over 8%, something I think everyone forgets now). The economy had been booming too hard, and the Fed put on the brakes too hard, and here we are today. To blame that on any President would be foolish. Some credit though, should be given to Clinton for keep the budget balanced in the late 90s, which made the low interest rates we have today possible.

2. If the economy is so good right now, and booming soooo fast, why are interest rates still low? Why did the yield on the 10 year bond improve almost 10bps on yesterday's news? Because the news, while good, isn't that good. Less jobs were added that expected, and the drop in unemployment is partially due to the large number of unemployed who fell off the rolls at the end of last year.

Fanbois (either side)...
rolleye.gif
:disgust:
rolleye.gif

Whoa...Vic...how dare you come into this debate with....information!

You're in the mortgage industry too right? Personally, unemployment is great...for us :). You're right, people seem to forget about the surrounding factors regarding the economy and are way to quick in placing blame or assigning credit to the president. The crash that occured in 2000 wasn't exactly a well kept secret. Doomsayers at the time were warning of a market correction the preceding year and the vast majority of sheep were ignoring the warning signs.

"Correlation does not equal causation." Truer words were never spoken.

 

HardWarrior

Diamond Member
Jan 26, 2004
4,400
23
81
Originally posted by: CADkindaGUY
Originally posted by: HardWarrior
Originally posted by: CADkindaGUY

Again, sir, I'm not going to do any such thing. This isn't a college-level debate forum. A challenge has to be taken up and I've refused, several times. Live with it. And what's with all the emotes? You obviously aren't finding any humor in your repeated diatribes.

Don't like the smileys? "Live with it.":D
No one said this was a college style debate forum, but that doesn't mean you don't have to back up a claim with evidence.

But like I said before: ante up the evidence or kindly find you way into a different discussion where people don't challenge you. -Seems to me you should pick the latter:)

CkG

Did I say that your passive-aggressive use of emotes bothered me, CAD? I think your over-the-top use of them is an effort to keep "face" with rest of the posters here. "Look at me!!! I'm acting like an ass!!! But, PLEASE keep believing I'm a nice guy!!!" I find this interesting.

But you want to hold me, and me alone, to what YOU say are the rules. Do you have any idea how idiotic that sounds?

Have I bothered to play your silly "prove it, because I say you have to" game? Nope. To a person with a brain that fact alone would indicate that I don't HAVE to do anything.

Yup, like you've said SEVERAL times with varying degrees of sanity, but I'm still here. And I'm still not playing your ignorant game. Doesn't that tell you anything?

I've asked you several times to shove off. I've even asked in a nice way. No demands that you leave this discussion, shut up or PROVE that I'm wrong. Only that you refraim from further attempts at berating me. Why can't you do that? It can't be because you dislike me because you don't know me. Yet you keep coming back at me, trying to get the last word in a meaningless argument. There's something wrong with you.

Next...
 

leeboy

Banned
Dec 8, 2003
451
0
0
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: FrodoB
THe truth is that the economy is doing incredibly well right now. It is absolutely amazing that this economy is doing this well considering that Clinton left us with the beginnings of a recession.

Come again? You republicans think that if you blow enough smoke up our a$$es we will believe what you say. Get your facts straight. Economy, NOT doing incredibly well.

Clinton, did NOT leave us with the beginnings of a recession. The beginnings of the recession were set into motion when investors realized Bush was going to win the election in November of 2000. I felt it, everyone else with a brain felt it happening, where were you? It was a like a big black cloud was slowly passing over the US and has now parked there for the past 4 years.

Funny how you try and pass that off on Clinton though. Pft.

Strange, I thought I heard something about the election being very close and now you claim that everyone knew the outcome a year ahead of time. You liberals are amazing. We didn't need to hold the election at all.

Could you give me a tip on next weeks lottery?

Uh, bright light shining.... if you are an investor and there is a 50-50 chance that the end of the cash flow rainbow is neigh, you SELL. Don't need to wait for the outcome if there is good chance it won't favor you. Hmmm, that seems pretty obvious though. Yawn at your attempt. Sleepy now. Zzzzz.

I see why you are yawning, you are asleep.

You have made a correlation with no proof behind it, what is otherwise called an unfounded accusation.
Lay out your proof, if you can, and than we can all have some fun tearing it apart.

Thanks for playing.

Don't need to prove anything. Anyone who was employed in the tech sector in the Summer and Fall of 2000 saw their stock options and the price of their company's stock fall a little more every day as the election approached. Direct correlation, fvck yes. It was the fact the Bill Clinton was no longer going to be the president that scared the investors into a selling frenzy. So Bush, Gore, matters not. I correct myself. Do you NOT remember the stock market slowly falling apart during this time frame? Selective memory perhaps? Tear it apart now, it is the truth and you know it.


In other words, you can't prove it.

One sentence for you.

Correlation Does Not Prove Causation.

Let me know when you understand that and why and how it shows that your argument is completely flawed.

You let me know when you have links that prove otherwise. Not going to hold my breath because you won't produce any evidence that supports your assertion. The good times and the prosperity that we all experienced during the Clinton years was finally laid to rest on in January of 2001 when the worst president in the history of this great nation took office. Rest in peace.
 

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
Originally posted by: HardWarrior
[ ... ]
I've asked you several times to shove off. I've even asked in a nice way. No demands that you leave this discussion, shut up or PROVE that I'm wrong. Only that you refraim from further attempts at berating me. Why can't you do that? It can't be because you dislike me because you don't know me. Yet you keep coming back at me, trying to get the last word in a meaningless argument. There's something wrong with you.
You must be new here. Cad gets the last word. It's what he does. He is sometimes called RoboCAD because he keeps coming back again and again and again. The more you dismiss him, the more persistent he becomes.

(But the real fun begins when you catch him in an error or logical fallacy. :D )

Welcome.
 

HardWarrior

Diamond Member
Jan 26, 2004
4,400
23
81
Originally posted by: Bowfinger
Originally posted by: HardWarrior
[ ... ]
I've asked you several times to shove off. I've even asked in a nice way. No demands that you leave this discussion, shut up or PROVE that I'm wrong. Only that you refraim from further attempts at berating me. Why can't you do that? It can't be because you dislike me because you don't know me. Yet you keep coming back at me, trying to get the last word in a meaningless argument. There's something wrong with you.

You must be new here. Cad gets the last word. It's what he does. He is sometimes called RoboCAD because he keeps coming back again and again and again. The more you dismiss him, the more persistent he becomes.

(But the real fun begins when you catch him in an error or logical fallacy. :D )

Welcome.

:D Thanks for the heads-up, BowFinger.
 

etech

Lifer
Oct 9, 1999
10,597
0
0
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: FrodoB
THe truth is that the economy is doing incredibly well right now. It is absolutely amazing that this economy is doing this well considering that Clinton left us with the beginnings of a recession.

Come again? You republicans think that if you blow enough smoke up our a$$es we will believe what you say. Get your facts straight. Economy, NOT doing incredibly well.

Clinton, did NOT leave us with the beginnings of a recession. The beginnings of the recession were set into motion when investors realized Bush was going to win the election in November of 2000. I felt it, everyone else with a brain felt it happening, where were you? It was a like a big black cloud was slowly passing over the US and has now parked there for the past 4 years.

Funny how you try and pass that off on Clinton though. Pft.

Strange, I thought I heard something about the election being very close and now you claim that everyone knew the outcome a year ahead of time. You liberals are amazing. We didn't need to hold the election at all.

Could you give me a tip on next weeks lottery?

Uh, bright light shining.... if you are an investor and there is a 50-50 chance that the end of the cash flow rainbow is neigh, you SELL. Don't need to wait for the outcome if there is good chance it won't favor you. Hmmm, that seems pretty obvious though. Yawn at your attempt. Sleepy now. Zzzzz.

I see why you are yawning, you are asleep.

You have made a correlation with no proof behind it, what is otherwise called an unfounded accusation.
Lay out your proof, if you can, and than we can all have some fun tearing it apart.

Thanks for playing.

Don't need to prove anything. Anyone who was employed in the tech sector in the Summer and Fall of 2000 saw their stock options and the price of their company's stock fall a little more every day as the election approached. Direct correlation, fvck yes. It was the fact the Bill Clinton was no longer going to be the president that scared the investors into a selling frenzy. So Bush, Gore, matters not. I correct myself. Do you NOT remember the stock market slowly falling apart during this time frame? Selective memory perhaps? Tear it apart now, it is the truth and you know it.


In other words, you can't prove it.

One sentence for you.

Correlation Does Not Prove Causation.

Let me know when you understand that and why and how it shows that your argument is completely flawed.

You let me know when you have links that prove otherwise. Not going to hold my breath because you won't produce any evidence that supports your assertion. The good times and the prosperity that we all experienced during the Clinton years was finally laid to rest on in January of 2001 when the worst president in the history of this great nation took office. Rest in peace.

You are the one making the contention. Where is your proof?

Oh that's right, you don't have any.

Nice try, but it didn't fly with me sonny.

 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: Bowfinger
Originally posted by: HardWarrior
[ ... ]
I've asked you several times to shove off. I've even asked in a nice way. No demands that you leave this discussion, shut up or PROVE that I'm wrong. Only that you refraim from further attempts at berating me. Why can't you do that? It can't be because you dislike me because you don't know me. Yet you keep coming back at me, trying to get the last word in a meaningless argument. There's something wrong with you.
You must be new here. Cad gets the last word. It's what he does. He is sometimes called RoboCAD because he keeps coming back again and again and again. The more you dismiss him, the more persistent he becomes.

(But the real fun begins when you catch him in an error or logical fallacy. :D )

Welcome.

For some reason I knew you'd show up here.;)

CkG
 

leeboy

Banned
Dec 8, 2003
451
0
0
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: etech
Originally posted by: leeboy
Originally posted by: FrodoB
THe truth is that the economy is doing incredibly well right now. It is absolutely amazing that this economy is doing this well considering that Clinton left us with the beginnings of a recession.

Come again? You republicans think that if you blow enough smoke up our a$$es we will believe what you say. Get your facts straight. Economy, NOT doing incredibly well.

Clinton, did NOT leave us with the beginnings of a recession. The beginnings of the recession were set into motion when investors realized Bush was going to win the election in November of 2000. I felt it, everyone else with a brain felt it happening, where were you? It was a like a big black cloud was slowly passing over the US and has now parked there for the past 4 years.

Funny how you try and pass that off on Clinton though. Pft.

Strange, I thought I heard something about the election being very close and now you claim that everyone knew the outcome a year ahead of time. You liberals are amazing. We didn't need to hold the election at all.

Could you give me a tip on next weeks lottery?

Uh, bright light shining.... if you are an investor and there is a 50-50 chance that the end of the cash flow rainbow is neigh, you SELL. Don't need to wait for the outcome if there is good chance it won't favor you. Hmmm, that seems pretty obvious though. Yawn at your attempt. Sleepy now. Zzzzz.

I see why you are yawning, you are asleep.

You have made a correlation with no proof behind it, what is otherwise called an unfounded accusation.
Lay out your proof, if you can, and than we can all have some fun tearing it apart.

Thanks for playing.

Don't need to prove anything. Anyone who was employed in the tech sector in the Summer and Fall of 2000 saw their stock options and the price of their company's stock fall a little more every day as the election approached. Direct correlation, fvck yes. It was the fact the Bill Clinton was no longer going to be the president that scared the investors into a selling frenzy. So Bush, Gore, matters not. I correct myself. Do you NOT remember the stock market slowly falling apart during this time frame? Selective memory perhaps? Tear it apart now, it is the truth and you know it.


In other words, you can't prove it.

One sentence for you.

Correlation Does Not Prove Causation.

Let me know when you understand that and why and how it shows that your argument is completely flawed.

You let me know when you have links that prove otherwise. Not going to hold my breath because you won't produce any evidence that supports your assertion. The good times and the prosperity that we all experienced during the Clinton years was finally laid to rest on in January of 2001 when the worst president in the history of this great nation took office. Rest in peace.

You are the one making the contention. Where is your proof?

Oh that's right, you don't have any.

Nice try, but it didn't fly with me sonny.


Why is the burdon of proof I me? Typical republican logic. I am under no message board obligation to prove anything. You are the one who claims I am wrong so the burdon of proof is on you scratch. You are running scared, your boy is going down in November regardless of who we put up against him. Tick tock tick tick.... now stick that in your pipe and smoke it gramps.