Unemployment graphic tracking the trend since Jan 07

[Wheezer]

anyone notice that the only place barely touched is some little county up in N. Dakota?

LOL...I was going to speculate why but it is totally un-PC an would probably get me a vacation.

 

[BW86]

marked for later

 

[dullard]

But the Prez sed he gonna create a lot jobz for teh peoplez!

How long is a reasonable time frame for that? I'm just curious. Is "instantaneously" the only acceptable time frame?

 

[Train]

How long is a reasonable time frame for that? I'm just curious. Is "instantaneously" the only acceptable time frame?

The original "stimulus package" Obama and friends pushed through sated that jobs would have ALREADY been created.

Does anyone have a link to the Obama admins projected graph of what the jobless rate would be with/without the stimulus, even better, with the added overlay of what ACTUALLY happened?

 

[Queasy]

How long is a reasonable time frame for that? I'm just curious. Is "instantaneously" the only acceptable time frame

Considering that the "Stimulus Package" was sold as a way to prevent the unemployment rate from rising above 9% and it had to be passed now without any questions...I'd say the answer is yes.

 

[rh71]

that's it, I'm going to eastern Montana.

 

[Train]

quesy I was two seconds away from posting the same image, lol

 

[CRXican]

I was in Omaha recently, wasn't a terrible place.

 

[Train]

that's it, I'm going to eastern Montana.

But if you do that, the enemployment rate there will go from 0% to 10%

 

[Freshgeardude]

wonder what people in that one white country in i believe North Dakota are doing. (white is 1.9% or less)

 

[Demo24]

wonder what people in that one white country in i believe North Dakota are doing. (white is 1.9% or less)

I guess farming or something.

Interesting how the top part of Alaska went from bad to better. :hmm:

 

[dullard]

Considering that the "Stimulus Package" was sold as a way to prevent the unemployment rate from rising above 9% and it had to be passed now without any questions...I'd say the answer is yes.

But the package wasn't passed until the unemployment rate already had missed their goal or expectations. The bill was passed when the unemployment rate was 8.9% (and if you look at that old graph, they thought they could keep the rate under 8% but that graph was made many months before the bill ever came to be law). You can't use that graph to judge the bill because the bill was passed AFTER the graph was already known to be invalid. That would be like putting up a brand new stop sign 3 feet behind your car and then ticketing you for running it.

Is there any possible way for ANY bill to prevent something from going over 8% when it is already 8.9% when the bill is passed?

 

[Slew Foot]

But the package wasn't passed until the unemployment rate already had missed their goal or expectations. The bill was passed when the unemployment rate was 8.9% (and if you look at that old graph, they thought they could keep the rate under 8% but that graph was made many months before the bill ever came to be law). You can't use that graph to judge the bill because the bill was passed AFTER the graph was already known to be invalid. That would be like putting up a brand new stop sign 3 feet behind your car and then ticketing you for running it.

Is there any possible way for ANY bill to prevent something from going over 8% when it is already 8.9% when the bill is passed?

Doesnt really matter. The unemployment rate was even higher than they predicted WITHOUT stimulus, and the trend with the stimulus was to go down, not continue to rise.

 

[Mide]

Pretty depressing

 

[wwswimming]

anyone notice that the only place barely touched is some little county up in N. Dakota?

LOL...I was going to speculate why but it is totally un-PC an would probably get me a vacation.

screw PC.

i think it's not racist to make observations about race. e.g. if you're watching football on a Sunday, and you notice the entire defensive team is African American, what's wrong with stating what you see ? obviously you can offend people, so you need to be careful how you word it.

i think what's racist is to kill people based on their race. e.g. Israel destroying 400 Palestinian villages in 1948, as documented at
http://www.palestineremembered.com/

another example of racism is, South African apartheid.

so ... North Dakota has more jobs. they also do have the Bakken Oil Formation, one oo the largest oil formations in the lower 48. they also have a North Dakota state bank, which stayed out of all the mortgage backed security games.

no football team though.

 

[dullard]

Doesnt really matter. The unemployment rate was even higher than they predicted WITHOUT stimulus, and the trend with the stimulus was to go down, not continue to rise.

I'm not sure that I understand what you were trying to say. Could you please repeat?

I believe that graph was made in mid 2008. Under that graph, the stimulus plan was to pass in Q1 2009 when unemployment was 7.5%, then unemployment with the stimulus plan was to keep rising until Q3 2009. After Q3 2009, the unemployment rate was to start dropping.

In reality, the unemployment rate in Q1 was 8.9%, peaked in Oct 2009, and we don't know what will happen yet. Will it keep rising? Will it flatten? Will it drop? We don't know. But so far, the trend is very similar to that graph except that the situation was 1.4% worse than expected when the bill was passed.

 

[JS80]

i guess farming or something.

Interesting how the top part of alaska went from bad to better. :hmm:

sarah palin for prez

 

[Barfo]

interesting

 

[Queasy]

Obama:

That is why I have moved quickly to work with my economic team and leaders of both parties on an American Recovery and Reinvestment Plan that will immediately jumpstart job creation and long-term growth.

There is no doubt that the cost of this plan will be considerable. It will certainly add to the budget deficit in the short-term. But equally certain are the consequences of doing too little or nothing at all, for that will lead to an even greater deficit of jobs, incomes, and confidence in our economy. It is true that we cannot depend on government alone to create jobs or long-term growth, but at this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe.

 

[BlahBlahYouToo]

as much as i dislike obama, we can't blame him for this.
he still sucks the big one though.

 

[jonks]

Considering that the "Stimulus Package" was sold as a way to prevent the unemployment rate from rising above 9% and it had to be passed now without any questions...I'd say the answer is yes.

http://www.foxbusiness.com/story/stimulus-working-pretty-planned-cbo-says/
http://business.theatlantic.com/2009/12/cbo_stimulus_is_working_almost_exactly_as_expected.php
And the CBO says it's working as advertised. Let's see, queasy or CBO....tough call.

You parade that chart around but kinda miss every caveat that the admin included in the report that included the chart. But why bother with a pesky thing like context?
http://www.politifact.com/truth-o-m...r-and-other-republicans-say-obama-promised-s/

 

[El Guaraguao]

Thanks Bush. For the war and high gas prices. really appreciate it. kthnxbye.

 

[dbk]

I feel fortunate to be in Northern VA. WOW

 

[Azraele]

Woah. That's an eye opener.

 

[dullard]

Obama:

Are you denying that some people were hired right after the bill was passed? He never said it would instantly solve all unemployment problems. Nor did he say it would instantly switch directions on the graph. He said it would jumpstart it. There is a big difference.