OBAMA JOBS

chuckmo48 · **Posted:** Fri Feb 17, 2012 8:05 pm

chuckmo48 wrote:

I REPEAT:

chuckmo48 wrote:

Unemployment rate falls to 8.3 percent, lowest in three years

Quote:

The unemployment rate is down to 8.3 percent, the lowest it has been since February 2009.

http://www.etownian.com/news/unemployment-rate-falls-to-8-3-percent-lowest-in-three-years/

Employment Situation

Quote:

Nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent. Job growth was widespread, with large gains in professional and business services, leisure and hospitality, and manufacturing.

http://www.bls.gov/cps/

-={ARCLIGHT}=- · **Posted:** Sat Feb 18, 2012 10:34 am

-={ARCLIGHT}=- wrote:

chuckmo48 wrote:

-={ARCLIGHT}=- wrote:

CBO: Longest Period Of High Unemployment Since Great Depression

Well...DUH it doesn't take a rocket scientist to be aware of that fact

Gallup: Unemployment Rate Jumps To 9.0%, Underemployment To 19.0%

Quote:

PRINCETON, NJ — The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February, up from 8.6% for January. The mid-month reading normally reflects what the U.S. government reports for the entire month, and is up from 8.3% in mid-January.

Gallup also finds 10.0% of U.S. employees in mid-February are working part time but want full-time work, essentially the same as in January. The mid-February reading means the percentage of Americans who can only find part-time work remains close to its high since Gallup began measuring employment status in January 2010.

Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, is 19.0% in mid-February. This is higher than the 18.7% recorded for January, and is up significantly compared with January’s mid-month reading of 18.1%.

-={ARCLIGHT}=- · **Posted:** Sat Feb 18, 2012 1:24 pm

White House Economic Report Hides Sharp Drop In Number of Working Americans

Quote:

White House officials are trying to downplay the growing political damage caused by a shrinking federal statistic: the percentage of working-age Americans who actually have jobs.

The increasingly visible statistic shows that roughly 11 million working-age Americans are being excluded from the nation’s formal tally of 13.75 million unemployed Americans.

Today’s 2012 Economic Report of the President attempts to bury the statistic in a 448-page blizzard of statistics, jargon and reassuring comparisons. “In the last 23 months, businesses have created 3.7 million jobs,” says the upbeat report, released at 4 p.m. on a Friday afternoon by the President’s Council of Economic Advisers.

Democrats are touting downward ticks of the formal unemployment rate to 8.3 percent, but Republicans are making an increased effort to highlight the painfully low employment participation rate.

-={ARCLIGHT}=- · **Posted:** Tue Feb 21, 2012 1:00 pm

GALLUP: Unemployment Rises to 9% In February

Moby Grape · **Joined:** Sun Nov 12, 2006 12:19 pm **Posts:** 13802

This is the kind of stupidshit that idiots such as our resident flamer eat up hook line and sinker.

unfuckinbelievable.

Quote:

Senior Obama advisor explains why high
unemployment is healthy for the economy
Human Events, by John Hayward

White House advisor Valerie Jarrett, whose remarkable level of power and influence in the Administration has been a topic of considerable debate, demonstrated her economic brilliance before an audience at the North Carolina Central University on Monday:
As transcribed by The Blaze, Jarrett retailed one of the Obama Administration’s most persistent fantasies – thoroughly debunked by both rational economic analysis and a casual survey of current headlines – which holds that unemployment insurance is an incredibly powerful job-creating stimulus:

“Even though we had a terrible economic crisis three years ago, throughout our country many people were suffering before the last three years, particularly in the black community,” Jarrett said. “And so we need to make sure that we continue to support that important safety net. It not only is good for the family, but it’s good for the economy. People who receive that unemployment check go out and spend it and help stimulate the economy, so that’s healthy as well.”

http://www.humanevents.com/article.php?id=49686

edge540 · **Joined:** Thu Aug 07, 2008 2:42 pm **Posts:** 7711

How Unemployment Benefits Stimulate Economy

A study by Moody's Analytics recently found that every dollar spent by the government on benefits for the unemployed produces an overall return of $1.61 for the economy. Guest host Lynn Neary talks with Moody economist Sophia Koropeckyj about what makes unemployment checks stimulate the economy, and why other types of government spending don't do nearly as much good.

http://www.npr.org/templates/story/stor ... =128449659

Moby Grape · **Joined:** Sun Nov 12, 2006 12:19 pm **Posts:** 13802

edge540 wrote:

How Unemployment Benefits Stimulate Economy

A study by Moody's Analytics recently found that every dollar spent by the government on benefits for the unemployed produces an overall return of $1.61 for the economy. Guest host Lynn Neary talks with Moody economist Sophia Koropeckyj about what makes unemployment checks stimulate the economy, and why other types of government spending don't do nearly as much good.

http://www.npr.org/templates/story/stor ... =128449659

Do people such as edge really believe this unemployment is really good for the economy?

edge540 · **Joined:** Thu Aug 07, 2008 2:42 pm **Posts:** 7711

Quote:

"unemployment is really good for the economy"

Nobody has ever made that claim. It's only the ODS, conservative "stupidshit idiots" who make up crap, that make idiotic claims like that.

Economists agree that unemployment insurance has strong stimulative effect on GDP, employment

CBO scores "increasing aid to the unemployed" as the highest-scoring policy proposal to stimulate economy. In a January 14 report on "Policies for Increasing Economic Growth and Employment in 2010 and 2011," the nonpartisan Congressional Budget Office (CBO) stated:

Policies that could be implemented relatively quickly or targeted toward people whose consumption tends to be restricted by their income, such as reducing payroll taxes for firms that increase payroll or increasing aid to the unemployed, would have the largest effects on output and employment per dollar of budgetary cost in 2010 and 2011.

According to a table in the report, CBO estimated that increasing aid to the unemployed would have the greatest effects on GDP per dollar of budgetary cost and the second highest cumulative effect on employment of the policy options considered.

comedian · **Joined:** Sat Aug 09, 2008 5:15 am **Posts:** 3629

What a load of crap... :lol:

and it all comes down to the unemployed spending their money at the frickin' grocery store. And that article is from 2010 when food prices weren't nearly what they are now. I've never read such a bunch of trumped of bullshitz in my life.

Quote:

NEARY: In other words, the grocery store owner has the money to pay employees. Those employees might need to buy a new dishwasher. The owner of the appliance store might want a new car and so on.

That, says Koropeckyj, is how unemployment insurance boosts, rather than drains, the economy.

You know things are bad when claims are being made that unemployment stimulates the economy. :smt005

Moby Grape · **Joined:** Sun Nov 12, 2006 12:19 pm **Posts:** 13802

comedian wrote:

You know things are bad when claims are being made that unemployment stimulates the economy. :smt005

what's even more pathetic is the people who believe it.

edge540 · **Joined:** Thu Aug 07, 2008 2:42 pm **Posts:** 7711

Quote:

You know things are bad when claims are being made that unemployment stimulates the economy

It's really a shame that conservative brainstems are stupid & don't know how to read. Nobody has ever made the claim that "unemployment stimulates the economy."
The claim is:
unemployment benefits stimulate economy

It's a proven fact that every dollar spent by the government on benefits for the unemployed produces an overall return of $1.61 for the economy.

Conservative morons hate facts.

USMarine · **Joined:** Thu Aug 07, 2008 4:55 am **Posts:** 10483

Moby Grape · **Joined:** Sun Nov 12, 2006 12:19 pm **Posts:** 13802

edge540 wrote:

Conservative morons hate facts.

the ''phony'' solyndra scandal...

comedian · **Joined:** Sat Aug 09, 2008 5:15 am **Posts:** 3629

edge540 wrote:

Quote:

You know things are bad when claims are being made that unemployment stimulates the economy

It's really a shame that conservative brainstems are stupid & don't know how to read. Nobody has ever made the claim that "unemployment stimulates the economy."
The claim is:
unemployment benefits stimulate economy

It's a proven fact that every dollar spent by the government on benefits for the unemployed produces an overall return of $1.61 for the economy.

Conservative morons hate facts.

You know damn well we know what you mean. SO why don't you tell us how many states are in the RED due to paying these extended benefits. And while your at it ...tell us how many jobs have been cut because of it. Balance all that out...aka debt ...and your in the hole much worse than that stinking buck sixty one pal.

You f'n marxists are bleeding the country dry with your bullshit scams. :smt006

Moby Grape · **Joined:** Sun Nov 12, 2006 12:19 pm **Posts:** 13802

I'll bet edge believes barry even when barry tells edge he won't cum in his mouth...

nope...as barry walks out the door hejust throws a towel at edge and after edge cleans himself up he is so grateful because he was never prepared for that and barry saved the day for him so edge votes for him because edge can't do anything on his own unless the federal gub'mint is sticking it in his ass......

again...

and edge will get out bed tomorrow and do the same goddamn thing

Northwest Indiana Discussion

OBAMA JOBS

Who is online