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Jobs Report...More Smoke & Mirrors too`

Discussion in 'Political Discussion' started by PatriotsReign, Apr 5, 2013.

  1. PatriotsReign

    PatriotsReign Rookie

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    US Job Creation Plunges, but Rate Drops to 7.6%

    US Job Creation Plunges, but Rate Drops to 7.6% - Yahoo! Finance

    Now they've found a way to lower the U6 rate....it lowered fuggn .5 points.

    Lowest level in 44 years!

    Our gov't lies to us.
  2. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    "Ain't it awful"

    "No it's god awful"

    BTW do you have any evidence that it has been doctored, and done differently than it was done under the past three presidents?? Or is it that old myopia again???...
  3. JackBauer

    JackBauer On the Roster

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    Let's see: 1946+65 = 2011. So, no, the government isn't lying; this is something that would happening regardless.

    It's a good thing we're riding out the sequester, too. Last thing we need is to support economic growth.
  4. PatriotsReign

    PatriotsReign Rookie

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    Tell you what Darryl.

    I'll answer your question if you can tell us your thoughts on "people leaving the workforce". Keep in mind that once a person runs out of unemployment benefits, they are no longer counted (even thought they're stil unemployed).

    BTW....no other president since FDR has experienced a depression as long as the one we're in. So we can't compare today's reports to recent periods as this hasn't happened since the Great Depression.
  5. PatriotsReign

    PatriotsReign Rookie

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    I believe we need to count people who have run out of unemployment benefits. Our reports MUST give Americans a clear picture of our current condition....and as of today, they don't Jack.
  6. JackBauer

    JackBauer On the Roster

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    My post had nothing to do with unemployment benefits.
  7. PatriotsReign

    PatriotsReign Rookie

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    This thread is about US Unemployment reports...so I'm discussing it's methodology. If you want to discuss something else, start your own thread Jack.

    BTW....Keynesianism is dead Jack.
  8. JackBauer

    JackBauer On the Roster

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    Are you serious?

    You're whining about government lies and the labor force participation rate. Now go back, read what I wrote, and think about it for a while.

    No, it certainly isn't. Even the IMF has come around on that.
  9. PatriotsReign

    PatriotsReign Rookie

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    What did Obama's $900B jobs bill do for our economy? Did it create any permanent improvements? The fact is, we still have a longgggg road back to economic health and we don't need any more temporary fixes that just add to our deficit. We don't need to bail out any more union pensions (see GM bankruptcy) or mega-corporations either.

    Ok, guess we'll find out. My hope is that our gov't never tries to create another bubble in our lifetime Jack.

    What's your opinion on creating bubbles?
  10. Real World

    Real World Moderator Staff Member

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    Unfortunately, it's not dead PR.

    I think this jobs report shouldn't come as a surprise considering the non-existent GDP numbers from Q4 of 2012. Expect more unevenness moving forward.
  11. JackBauer

    JackBauer On the Roster

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    You can run an expansionary fiscal policy without creating bubbles.

    I look at the stock market now and worry that's where we're headed...again.
  12. PatriotsReign

    PatriotsReign Rookie

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    Ok, we have some common ground here. I could stomach investing in something with long-lasting benefits....but it would have to be a guarantee, not a hope.

    Obama's desire to get banks to lend to less qualified Americans to buy homes is not one of those good ideas.

    I agree on this as well. Bernanke isn't helping. The funny part of the stock market is people get excited and think, "Wow, a new record high!" despite the fact we're only back to where we were 5 years ago.
  13. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    So you are unable to answer the question posed? Surprise.... just keep resorting to hysteria, for someone who thinks they are so smart on economic issues, you certainly do a great job of hiding your knowledge.
  14. PatriotsReign

    PatriotsReign Rookie

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    Darryl....you need to crawl back into your little hole.

    Go back and re-read my reply. I answered your question DIRECTLY.

  15. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    This is the answer you directly answered..:rofl2::rofl2::rofl2::rofl2::rofl2:


  16. PatriotsReign

    PatriotsReign Rookie

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    Exactly chumly!!!
  17. Claremonster

    Claremonster Banned

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    You do know that if the corporations create jobs (they didn't say WHAT country these new jobs were in...nor do they need to) in third world countries, they're still considered new jobs.

    USA is quickly turning into a shell of it's former self and morphing into a third world country. When the new immigration laws happen, look for this place to be a multicultralistic living hell.
  18. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    You still resort to silliness and hysteria, while avoiding the question.. how has this changed under Obama, which is what you contend??? Is it different than it was under the previous 4 presidents??
  19. PatriotsReign

    PatriotsReign Rookie

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    We can not compare to the last 4 presidents because none of them experienced sustained high unemployment like we have today. So we can only compare our current situation to the Great Depression.

    Now answer the question I asked you.
  20. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    INOW your title is disingenuous, again. You imply that the way we report joblessness has changed...

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