Economy added 255,000 jobs in July

Discussion in 'Economics & Trade' started by toddwv, Aug 5, 2016.

  1. Pred

    Pred Well-Known Member

    Joined:
    Oct 18, 2011
    Messages:
    24,429
    Likes Received:
    17,419
    Trophy Points:
    113
    Govt jobs don't count since they're paid with taxes. They're basically fake jobs. Take those out.


    Sent from my iPhone using Tapatalk
     
  2. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

    Joined:
    Apr 19, 2008
    Messages:
    94,819
    Likes Received:
    15,788
    Trophy Points:
    113
    Nothing to brag about......considering we need between 140,000 and 159,000 jobs per month to keep up with population growth. Who's going to vote for Hillary when she'll just be 4 more years of Obama?
     
  3. CourtJester

    CourtJester Well-Known Member

    Joined:
    Apr 1, 2013
    Messages:
    27,769
    Likes Received:
    4,921
    Trophy Points:
    113
    Actually half way isn't too bad considering Obama had the Republican Congress doing everything they could to keep anynrevovery from occuring.

    And by the way it wasn't just the housing bubble that the country was recovering from it was also the near collapse of the entire banking system.
     
  4. Daniel Light

    Daniel Light Well-Known Member

    Joined:
    Mar 12, 2015
    Messages:
    31,455
    Likes Received:
    34,888
    Trophy Points:
    113
    Well you get four more years of Obama or four more years of another Republican ... who was the last one? Some guy named Bush right - you remember him (we were losing 200,000 jobs a month and the GDP was MINUS 2%).
    Personally, I'd rather have slow, controlled growth than the boom and bust cycles - getting too old for that crap.
     
  5. CourtJester

    CourtJester Well-Known Member

    Joined:
    Apr 1, 2013
    Messages:
    27,769
    Likes Received:
    4,921
    Trophy Points:
    113
    Well in that case we will be three quarters of the way towards recovering from the Republican/ Bush fiasco. That Compares favorably with the obvious fact that under Trump's economic plan the economy will collapse totally making Bush's mess look like a beginner disaster.
     
  6. CourtJester

    CourtJester Well-Known Member

    Joined:
    Apr 1, 2013
    Messages:
    27,769
    Likes Received:
    4,921
    Trophy Points:
    113
    Want to guess what percentage of the employed in this country have some type of government jobs?
     
  7. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

    Joined:
    Apr 19, 2008
    Messages:
    94,819
    Likes Received:
    15,788
    Trophy Points:
    113
    Yes, it's a shame the Democrats forced lenders to to make home loans the people that never stood a chance of paying them back.

    How the Democrats caused the crash.

    [video=youtube;cMnSp4qEXNM]https://www.youtube.com/watch?v=cMnSp4qEXNM[/video]

    Pressured to Take More Risk, Fannie Reached Tipping Point

    - - - Updated - - -

    See the above post.
     
  8. edthecynic

    edthecynic Well-Known Member

    Joined:
    Aug 1, 2014
    Messages:
    3,530
    Likes Received:
    1,025
    Trophy Points:
    113
    And that is because it is completely false!!!

    When the ACA passed there were just over 9 million working PT who wanted FT jobs, there are under 6 million now!!!!!
     
  9. edthecynic

    edthecynic Well-Known Member

    Joined:
    Aug 1, 2014
    Messages:
    3,530
    Likes Received:
    1,025
    Trophy Points:
    113
    Repeating that disinformation will never make it a "F-ing fact."

    There are over 3 million less people working PT who want FT jobs since the ACA was signed into law.
     
  10. edthecynic

    edthecynic Well-Known Member

    Joined:
    Aug 1, 2014
    Messages:
    3,530
    Likes Received:
    1,025
    Trophy Points:
    113
    That is a professionally crafted deliberate deception!

    The increase in PT jobs is ENTIRELY from those who ONLY want to work PT.
    PT workers who want FT jobs have DECLINED by over 3 million.
     
  11. edthecynic

    edthecynic Well-Known Member

    Joined:
    Aug 1, 2014
    Messages:
    3,530
    Likes Received:
    1,025
    Trophy Points:
    113
    Pure hogwash!

    We need only 118,367 jobs per month to keep up with population growth.

    https://www.frbatlanta.org/chcs/calculator.aspx?panel=1
     
  12. edthecynic

    edthecynic Well-Known Member

    Joined:
    Aug 1, 2014
    Messages:
    3,530
    Likes Received:
    1,025
    Trophy Points:
    113
    Government jobs have DECLINED by over half a million since Obama took office as opposed to INCREASING by over 1 million under Bush!
     
  13. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

    Joined:
    Apr 19, 2008
    Messages:
    94,819
    Likes Received:
    15,788
    Trophy Points:
    113
  14. CourtJester

    CourtJester Well-Known Member

    Joined:
    Apr 1, 2013
    Messages:
    27,769
    Likes Received:
    4,921
    Trophy Points:
    113
    You guys are talking two different sets of numbers. One is jobs necessary to compensate for population growth and the other is the number to keep unemployment rate steady. Think for a minute and you will figure out why the second has to be larger than the first.
     
  15. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    And the trust fund babies. :)

    Hannity = RW propaganda.

    - - - Updated - - -

    Lower than it was in 2009.

    - - - Updated - - -

    You have a typo.

    We were losing 800,000 jobs a month when the last Republican president left office.
     
  16. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    You've been deceived by false right wing propaganda.

    Almost all the new jobs created since the recovery are full time jobs. The number of people working part time because they have to has fallen by a couple million over the past couple years.

    There has been a small increase in overall part time jobs, because there has been an increase of people who want to work part time instead of full time, as is typical of more elderly workers.
     
  17. edthecynic

    edthecynic Well-Known Member

    Joined:
    Aug 1, 2014
    Messages:
    3,530
    Likes Received:
    1,025
    Trophy Points:
    113
    Murdoch's WSJ is hardly a credible source and any "survey" by them even less so. Did they show how the "economists" calculated their numbers like my source did? Of course not!
     
  18. sawyer

    sawyer Well-Known Member Past Donor

    Joined:
    Jun 29, 2012
    Messages:
    11,892
    Likes Received:
    2,768
    Trophy Points:
    113
    Reagan showed how you get a horrible economy going again and obama showed how you limp along. The housing bubble burst and the banking industry collapse were all part of the same problem that the dem Congress created when they demanded banks give sub prime loans
     
  19. Pred

    Pred Well-Known Member

    Joined:
    Oct 18, 2011
    Messages:
    24,429
    Likes Received:
    17,419
    Trophy Points:
    113
    D you think I thought it was good back then just because of who is in office? You have me confused with mindless drones who worship politicians.


    Sent from my iPhone using Tapatalk
     
  20. sawyer

    sawyer Well-Known Member Past Donor

    Joined:
    Jun 29, 2012
    Messages:
    11,892
    Likes Received:
    2,768
    Trophy Points:
    113
    It would be helpful if you backed up this claim with some evidence as I did in my claim.
     
  21. superbadbrutha

    superbadbrutha Banned

    Joined:
    Feb 10, 2006
    Messages:
    52,269
    Likes Received:
    6,446
    Trophy Points:
    113
    Gender:
    Male
    If that is the case how have you kept your full-time job?

    Better yet how many forum members have lost their full-time and job and work two part-time jobs now?
     
  22. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    Maybe we should have done it more like when Reagan was prez.

    Reagan
    Federal Spending increase, 1981-1986: +46.0%.
    Total government employment, 1981-1986: +879,000

    Obama
    Federal Spending increase, 2009-2014: -0.53%
    Total government employment, 2009-2014: -540,000


    source data
    Expenditures: http://cbo.gov/sites/default/files/cbofiles/attachments/45249-2014-04-HistoricalBudgetData.xlsx
    Employment: http://www.bls.gov/webapps/legacy/cesbtab1.htm
     
  23. sawyer

    sawyer Well-Known Member Past Donor

    Joined:
    Jun 29, 2012
    Messages:
    11,892
    Likes Received:
    2,768
    Trophy Points:
    113
    Reagan had to rebuild an emaciated military and fight the cold war which he won. Subsequent presidents like clinton inherited the peace dividend which was Reagan's legacy
     
  24. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    Reagan's massive increases in spending and overall increases in government employments powered his recovery.

    With the GOP Congress, during Obama we got austerity.

    We've seen the difference. Along with a middle class gutted with three decades of "trickle down" economics.
     
  25. AmericanNationalist

    AmericanNationalist Well-Known Member

    Joined:
    Aug 28, 2013
    Messages:
    41,208
    Likes Received:
    20,973
    Trophy Points:
    113
    Gender:
    Male
    Here's what I want to ask you: How can we conflate a mere decrease of 0.53(not even one PERCENT) of government spending with the loss of thousands of government jobs? Something tells me it isn't quite proportional.

    Maybe, the loss of government employment was due to quite a few jobs being redundant. Maybe paying that much money to such a small working force(the public sector is always by definition, much larger) was inefficient. In any event, I fully support getting 540,000 jobs back. But I'm not sure if that alone is the cause.
     

Share This Page