Unemployment down, Participation rate up

Obama did step into office until 2009. What is this 2007 nonsense. This is such nonsense it is painful.

The crash caused the unemployment and the Crash was happening prior to the Democrats taking congress. Good Grief.

 

So, Clinton handed Bush a surplus and an even more full employment economy of 4.4% UE or less for more than 2 years and Bush turned the surplus into a deficit.

 

Watch this for the corrections to the above commentary.
[video=youtube;YVNSLOn-zls]https://www.youtube.com/watch?v=YVNSLOn-zls[/video]

 

Labor Force Statistics from the Current Population Survey

Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over



No wonder unemployment is down, good job Obama.

 

I work in advertising, which is probably one of the toughest businesses to enter. It also is quite volatile. If advertising tanks, the economy is bad. If it's good, so is the economy. It's going crazy right now. I work for one of the largest and oldest ad agencies in the world, and we are BOOMING. We won ten new accounts last year, and three this year so far. I was pulled into a meeting yesterday to discuss how we are going to handle all this new business. I was given two new accounts in addition to what I have now. My boss also said that we need to hire at least 4 new people for our department. My department consists of about 30 people, out of a company of about 700, just in Chicago alone. All other departments are having to increase hiring as well. Our worldwide network is seeing the same increases in business.

Multiply that across the company and we're talking a lot of new jobs- good jobs. If this is happening in advertising, it's happening everywhere, or soon will be. There are lots of reasons to be positive.

 

Oh look, no link, as usual.

 

I've seen some good spin by you all before, but this really takes the cake. Wow. Pathetic. What mistakes can you own? Any? Can we start with Reagan? Because he was the biggest mistake of all. His policies are what started us down this road. He decided to run up the national credit card for short term gain. That is not even up for debate. His policies gave short term gain for long term pain. He started us on the road to debt that quite honestly, no president will ever be able to fix.

 

http://data.bls.gov/timeseries/LNS11300000

It's from the BLS....google is your friend.

 

http://data.bls.gov/pdq/SurveyOutputServlet

Discouraged workers is back to where it was before Obama.


Or you could keep using the labor force statistic and pretend that doesn't include people leaving the labor force for non-economic reasons.

 

Gingrich and Kasich handed Bush a falling surplus as the economy began to slowdown in the 3rd quarter of 2000 before Bush was even nominated and went into a recession within weeks of his taking office. So even if Gore had been elected the surplus was going away. The Bush policies helped to keep that deficit to a one year peak of $400B and then they brought it down to a paltry $161B by 2007 heading for surplus again. Then the Democrats including Obama took over the budget and in just two years took it to $1,400B and kept it over $1,000B for the next five years and never got it below the worst of the Bush/Republican deficits.

So you really want to compare the records?

 

And yet you can't refute the facts can you. Are you denying that the last Bush/Republican budget deficit in 2007 was a paltry $161B? Are you denying that the Democrats, including Senator and then President Obama, took it to a whopping $1,400B deficit in just two years? Tell which of those facts is "spin" and refute them then.

 

I'm not the one pretending.

 

SIX YEARS AFTER THE RECESSION ENDED. You realize these numbers only on the failure of the Obama/Democrat policies.

 

The best thing that has happened to the economy is the reduction in the deficit which is due to the Republican sequester but 0bama is still taking credit for reducing the deficit.

Most of the new jobs last month were part time while 20K full time jobs vanished.

 

You are. Because Labor force participation is not supposed to be high or low. It's just a number. What we don't want is people leaving the work force for economic reasons. But that's not what's happening. People are retiring. That's what's happening. Discouraged workers are back down to where they were before Obama.

So why do you keep posting labor force participation rates? Why do you believe it's bad that that number is going down when it's clearly not going down for economic reasons?

 

This number is also back to where it was before Obama.

 

If this is true and the stats aren't fake - yes.
But in fact, i think millions of Americans are still sitting at their homes without jobs! It's just a words and digits, wanna know truth? Go on streets and see, u will see same homeless faces as usual!

 

Links please, and not Fox News. Thanks.

 

The Congressional Budget Office estimated Friday that the U.S. federal budget deficit for fiscal year 2007, which ended Sunday, was about $161 billion, or 1.2% of gross domestic product. That’s down from the $248 billion shortfall recorded in fiscal 2006, which translated into 1.9% of GDP. The Treasury Department will report the official tally later this month.
.http://blogs.wsj.com/economics/2007/10/05/deficit-for-fiscal-2007-slides/


Will this help...

 

Yep. I suppose so.

- - - Updated - - -

Yeah, you know who else you can thank for that? The hero of the Right, Reagan. Read this. If it doesn't make you sick to your stomach, nothing will. I remember when this happened, and it has never been fixed.

http://www.salon.com/2013/09/29/ronald_reagans_shameful_legacy_violence_the_homeless_mental_illness/

 

The video does not even address my comments never mind correct them ?

 

Really?

Data extracted on: May 15, 2015 (2:36:58 PM)

Labor Force Statistics from the Current Population Survey

Series Id: LNS12032194
Seasonally Adjusted
Series title: (Seas) Employment Level - Part-Time for Economic Reasons, All Industries
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Hours at work: 1 to 34 hours
Reasons work not as scheduled: Economic reasons
Worker status/schedules: At work part time



http://www.bls.gov/webapps/legacy/cpsatab8.htm

Just look at where the number of people working part time has gone. Spare me the rosy economic outlook. About 1/3 of Americans are on some sort of public assistance. When the number of part time workers gets back down to where it was before the crash along with the number of work force participants we'll talk again.

 

There are any ways of discussing your point

Lets try this one
Ok, you propose that dems did something to create the situation that you describe
I presume you refer to the 1.4 trillion in new spending that republicans would not have slent
Is that correct .

Assuming it is
Could you please detail those general programs and the rough amount that they contributed to the total 1.4 T deficit

 

Watch it.

[video=youtube;YVNSLOn-zls]https://www.youtube.com/watch?v=YVNSLOn-zls[/video]

 

ABOUT TIME wouldn't say? Too bad his and the Democrats policies and lack thereof have kept us from getting here years earlier.