Unemployment rate drops the lowest in 4 years!

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Pr0d1gy

Pr0d1gy

Diamond Member
Jan 30, 2005
7,775
0
76
Anarchist420 said:
The labor force is small... if it were the same as it was in January 2009, then the unemployment rate would be 10.7%.
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January 2009, OH you mean when the economy was in a full blow Depression thanks to the right wing administration and their banker friends? And you're saying that in less than 4 years we managed to go from a Depression to having the lowest unemployment rate since that happened?

Yeah, that is horrible!

derp
 
J

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
136
Ausm said:
More bad news for Conservatives it looks like the rampant obstructionism from the Republicans in Congress to shitcan the Economy just prolonged the climb back up.


http://www.nbcnews.com/business/economywatch/unemployment-rate-drops-lowest-four-years-1C7488578
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True, but it's not all roses. Repubs will still attempt to pamper the Rich at the expense of everybody else, to increase inequality every chance they get. It's all weaker govt, jerb creators, deregulation, & trickledown all the time. If 90% of growth can go to the top .01%, it's what they call progress.
 
A

Ausm

Lifer
Oct 9, 1999
25,215
14
81
Jhhnn said:
True, but it's not all roses. Repubs will still attempt to pamper the Rich at the expense of everybody else, to increase inequality every chance they get. It's all weaker govt, jerb creators, deregulation, & trickledown all the time. If 90% of growth can go to the top .01%, it's what they call progress.
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You got that right! The rightist need to check this out!

30953_505495009460870_1420908439_n.jpg
 
B

bononos

Diamond Member
Aug 21, 2011
3,889
158
106
Pr0d1gy said:
January 2009, OH you mean when the economy was in a full blow Depression thanks to the right wing administration and their banker friends? And you're saying that in less than 4 years we managed to go from a Depression to having the lowest unemployment rate since that happened?

Yeah, that is horrible!

derp
Click to expand...
I think what he was trying to say is that the employment rolls have shrunk since 2009.
 
P

piasabird

Lifer
Feb 6, 2002
17,168
60
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With the Obammacare taxes coming this year, and the threat of a fiscal cliff, and O'Bamma threatening to just let the Bush tax cuts expire, how do you expect business to react? A lot of businesses will just close down next year. To top it off the EPA is shutting down a lot of Coal Power Plants. How will this help the poor people looking for work? This is all caused by Democratic Madnes...
 
Pr0d1gy

Pr0d1gy

Diamond Member
Jan 30, 2005
7,775
0
76
bononos said:
I think what he was trying to say is that the employment rolls have shrunk since 2009.
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No shit, would you work for minimum wage? Didn't think so. So what, people left the workforce. Guess what? They needed to. Not every adult in America needs to work.

bird, are you one of Anarchist or Matt's alt accounts?
 
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nehalem256

Lifer
Apr 13, 2012
15,669
8
0
Anarchist420 said:
The labor force is small... if it were the same as it was in January 2009, then the unemployment rate would be 10.7%.
Click to expand...

And if the labor force returned to the same size as in 1970 it would be 4%. And around 2.5% if you went down to 1965 leves.

chart-of-day-us-labor-participation-force-september-2012.jpg


Looks like a bubble to me.
 
Doc Savage Fan

Doc Savage Fan

Lifer
Nov 30, 2006
15,456
389
121
Ausm said:
Job creation.
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Thank you for directly answering my question. I would argue that job creation is a means to an end...which is a low unemployment rate.

In my opinion, it's irrational to castigate Bush for a low job creation rate when the unemployment rate was reasonably low most of his term.
 
blankslate

blankslate

Diamond Member
Jun 16, 2008
8,596
475
126
Dear OP

Obviously you've taken a biased source that twists facts to make Barack "Hussein" Obama look like he's anything but a disaster for the economy and are trying to indoctrinate us into facistic socialism

Please stop...
 
I

Incorruptible

Lifer
Apr 27, 2012
10,086
58
86
A lot of people have stopped looking for jobs and just given up so they aren't included
As well the government has fudged the numbers around before so they cant be trusted here

Lastly the government cant create jobs, they can only redistribute wealth
 
N

nehalem256

Lifer
Apr 13, 2012
15,669
8
0
blankslate said:
Dear OP

Obviously you've taken a biased source that twists facts to make Barack "Hussein" Obama look like he's anything but a disaster for the economy and are trying to indoctrinate us into facistic socialism

Please stop...
Click to expand...

I think the better question is how can Obama be responsible for fixing the economy when the Republicans obstructed him from doing so? :confused:
 
C

CycloWizard

Lifer
Sep 10, 2001
12,348
1
81
Did you ever stop to think that maybe things are doing better because of, rather than in spite of, government inaction?
 
blankslate

blankslate

Diamond Member
Jun 16, 2008
8,596
475
126
nehalem256 said:
I think the better question is how can Obama be responsible for fixing the economy when the Republicans obstructed him from doing so?
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maybe it's early so it was exactly as clear as I wanted it to be or maybe *tap* your /sarcasm meter.

I was going for /sarcastic or /facetious.
 
A

Ausm

Lifer
Oct 9, 1999
25,215
14
81
Doc Savage Fan said:
Thank you for directly answering my question. I would argue that job creation is a means to an end...which is a low unemployment rate.

In my opinion, it's irrational to castigate Bush for a low job creation rate when the unemployment rate was reasonably low most of his term.
Click to expand...

Not in my opinion because if Tax cuts did lead to Job creation in theory we should have almost nonexistent unemployment when in a non recessionary period.
 
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