Northwest Indiana Discussion

Is the point going over your head?
Regulations do not destroy jobs. Republicans lie when they claim that. That's the point.

http://articles.latimes.com/2011/oct/10 ... a-20111010

Nobody is claiming that regulations create jobs. The GOP claim that regulations destroy jobs has been debunked. It's bullshit
Republican Nonsense on Regulation

Maybe you can give me an example of how "job destroying regulations" affect YOUR business....eh?

Bruce Bartlett, Ex-Reagan Economist: Idea That Deregulation Leads To Jobs 'Just Made Up'

Got anybody more current in the mainstream edge?
Why is it you throw a fit when someone else brings up Reagan 30 year old history?

Gallup finds U.S. unemployment, as measured without seasonal adjustment, to be 9.1% in February, based on almost 30,000 interviews with a random sample of Americans. When Gallup applies the 0.5-percentage-point seasonal adjustment that the government applied to its unadjusted data for February last year, it produces an adjusted unemployment rate for February 2012 of 8.6% — a substantial increase from the 8.3% adjusted rate the government reported for January.

The findings provide a preview of what Gallup will report in its monthly employment release next Thursday, March 8. Because Gallup’s data are collected continuously throughout the month, the data are available now, one week ahead of the BLS report scheduled for Friday, March 9.

Three key factors help determine the relationship between Gallup’s measurement of the unemployment rate and the unemployment rate reported by the government. The first involves the relationship between Gallup’s and the government’s unadjusted survey results. Data from the past two years show that on an unadjusted basis, Gallup’s and the government’s unemployment measurements track fairly closely in both direction and magnitude.

Another 1,300 laid off after Obama’s bailout
Daily Mail [Charleston, WV], by Don Surber

President Obama’s rewrite of the history of the American automobile industry this week went unchallenged by the fact-checkers in journalism, proving once again PolitiFact and the rest are unpaid stooges of American liberalism. On Tuesday, The Won boasted — erroneously — about saving the automobile business. On Friday, 1,300 workers at GM received layoff notices as there is no market for Chevy Volts, despite government subsidies of $7,500 per car (the average income of a Chevy Volt buyer is $175,000 a year according to GM).

First of all, there are 14 companies that make cars in the United States: BMW, Chrysler, Ford, GM, Honda, Hyundai, Kia, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Subaru, Suzuki and Toyota. Only two are American owned — Ford and GM

READ MORE
http://blogs.dailymail.com/donsurber/archives/52390

Because conservatives are the most...you know...they're gullible & believe anything their masters, the oil companies, tell them:

Republicans need to lie. Republican voters want to believe the lie.
Using the Keystone pipeline as an example, we will examine the GOP need to lie and the conservative need to believe the lies.

Canadian companies backing the Keystone XL – touted as enhancing US energy security with a big new surge of imported Canadian oil – actually expect it to supply more lucrative Gulf Coast export markets as well as raise Midwest oil prices by reducing “oversupply” in that region.

So, would TransCanada support US legislation requiring Canadian oil and products refined from it, such as diesel, to be sold only in the United States, asked Rep. Ed Markey (D) of Massachusetts.
“No, I can't do that,” Mr. Pourbaix said.

Federal Reserve Chairman Ben Bernanke said Monday that the labor market remains “quite weak,” despite a recent run of strong employment data that appears “out of sync” with some broader problems facing the economy.

Noting that the number of people working and the hours worked still linger well below pre-crisis levels, Bernanke described the current job market as “far from normal,” throwing some cold water on any nascent notion that the economy had fully recovered from the financial meltdown of 2008.

“Recent improvements are encouraging, but … in an absolute sense, the job market is still far from normal by many measures, and millions of families continue to suffer the day-to-day hardships associated with not being able to find suitable employment,” he said in a speech delivered to economists in Washington.

As the population grows, there are still 5 million fewer jobs in the U.S. economy than before the crisis. The unemployment rate is still three percentage points above the average over the last two decades, and many of the recent gains were thanks to reduced layoffs, not expanding business, which is not the recipe for sustainable improvement in the labor market, according to Bernanke.