Payrolls Plunge To 88K, Biggest Miss Since Dec 2009, Part Rate At New 30 yr low

Discussion in 'Politics' started by Tsing Tao, Apr 5, 2013.

  1. Tsing Tao

    Tsing Tao

    You can continue to use the productivity argument all you want, but it's horseshit and everyone knows it. Productivity and technological advancements did not cause unemployment to blossom since 2008.
     
    #41     Apr 5, 2013
  2. Tsing Tao

    Tsing Tao

    Not directly. But every time someone brings up unemployment, or rising food and gas prices, etc., you wave your virtual hand with the casual Parisian shrug and say "ah, well. This is life."
     
    #42     Apr 5, 2013
  3. that sucks bro.. get caught trying to fade the open?
     
    #43     Apr 5, 2013
  4. true, which is the reason I don't understand why ricter doesn't just support letting 'nature take its course'. The employment situation could probably be just as bad if the govt did nothing, and it would have cost us less. lol
     
    #44     Apr 5, 2013
  5. Tsing Tao

    Tsing Tao

    It's simple. If Conservatives advocate anything or do anything, even for the right reasons, they're at fault. If Liberals do anything or advocate anything, even for the wrong reason, they are right.
     
    #45     Apr 5, 2013
  6. Ricter

    Ricter

    I'm responding to your charts that go back decades, so if your fear is only about the economy since 2008, why post them?
     
    #46     Apr 5, 2013
  7. I was wondering the same thing , the chart topped out in 2000.:(.
     
    #47     Apr 5, 2013
  8. pspr

    pspr

    It's the acceleration under Obama that is troubling. Over half a million dropped out of the workforce last month alone. Over 13,000 new workers were placed on government disability payments last month bringing that number to over 8.5 million.

    Even as Bernanke pumps $85 billion a month into the system, things are going in the wrong direction at breakneck speed.
     
    #48     Apr 5, 2013
  9. Mercor

    Mercor

    This report, over the course of time, will help support Obama's job creation myth and legacy.

    All you see in historical statistics is the unemployment rate.
    Obama knows that if he shifts 500k people off the gross number and dumps another 100k into disability he get a lower unemployment rate. today's number at 7.6% just makes his legacy graph looks better.
     
    #49     Apr 5, 2013
  10. Tsing Tao

    Tsing Tao

    What are you talking about? The LFPR goes back to the last time the data was where it is today. That's the whole purpose of the chart. To show that the data goes back that far before it got worse.
     
    #50     Apr 5, 2013