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Topic: Actual unemployment is 37.2%
Sojourning_Soul Joined Fri 02/13/09 Posts: 10767	Wed 01/22/14 10:56 AM
Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years "Please put your seats and tray tables in an upright position......." How far will this flight take us? ........ All the way to the scene of the crash! http://washingtonexaminer.com/wall-street-advisor-actual-unemployment-is-37.2-misery-index-worst-in-40-years/article/2542604

alleoops Joined Sat 08/06/11 Posts: 10832	Wed 01/22/14 03:15 PM
Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years "Please put your seats and tray tables in an upright position......." How far will this flight take us? ........ All the way to the scene of the crash! http://washingtonexaminer.com/wall-street-advisor-actual-unemployment-is-37.2-misery-index-worst-in-40-years/article/2542604 Hope and change?

metalwing Joined Fri 11/14/08 Posts: 26218	Thu 01/23/14 04:07 AM
I heard him say recently that he had added something like five million jobs! He was quite proud of that number. He wouldn't lie would he?

MoonsDragonLionWolf Joined Wed 05/08/13 Posts: 818	Thu 01/23/14 04:17 AM
I heard him say recently that he had added something like five million jobs! He was quite proud of that number. He wouldn't lie would he? Most of those jobs are probably part time ones and the 5 million number means nothing if the jobs created aren't enough to replace all the jobs lost because of him and his administration's policies.

Mortman Joined Tue 05/01/12 Posts: 1734	Thu 01/23/14 08:48 AM
The official unemployment rate has always been merely a snapshot, and not the full number. At best, they're only statistical metrics for comparison. So, when we say unemployment is 7%, now, it's only useful to understand that it's worse now that it was when the rate was 6%. It was never intended to tell you definitively that only 7% of working-age adults are unemployed. Of course that has never stopped any president from trumpeting their numbers when it's better than some other president's. Remember when the Bush Administration boasted that the average unemployment rate over his first term was better than that under President Clinton? It's just politicians flogging positive talking points.

Sojourning_Soul Joined Fri 02/13/09 Posts: 10767	Thu 01/23/14 09:41 AM Edited by Sojourning_Soul on Thu 01/23/14 09:42 AM
The gov't, nor the banks, create jobs! That is a myth! It does create depts that need to be filled with workers, but that just increases gov't, the "jobs" are just a necessary side effect. Policy affects the job market, yes, but gov't is not known for creating anything but restriction and regulation, empowering the rich of corporate America. The corporations and their lobbyists with their millions in campaign contributions (bribes) control the restrictions and write the regulations. This is NOT the Free Market that made America great and prosperous, it is corporatism (fascism), and manipulation of the market..... nothing free about it! Citizens create the market, the flow of capital into the market, and are the force that creates the offerings of the market. Like anything govt seeks to take control over, it is doomed for destruction!

Sojourning_Soul Joined Fri 02/13/09 Posts: 10767	Thu 01/23/14 10:45 AM Edited by Sojourning_Soul on Thu 01/23/14 10:49 AM
Like anything they seek to control, numbers will be falsified, fudged, or irrelevant in stating how well they are doing their job. AND It will be like it was, and we were told, in 2008..... "Nobody could have predicted it!" Of course not.....when the whole model is based on lies! Anyone who challenges the model.....like Ron Paul did for over 15 years before the expanding bubble, and eventually the crash of '08.... their predictions or theories are always bogus..... until they occur!

Mortman Joined Tue 05/01/12 Posts: 1734	Thu 01/23/14 11:41 AM
The gov't, nor the banks, create jobs! That is a myth! It does create depts that need to be filled with workers, but that just increases gov't, the "jobs" are just a necessary side effect. Policy affects the job market, yes, but gov't is not known for creating anything but restriction and regulation, empowering the rich of corporate America. The corporations and their lobbyists with their millions in campaign contributions (bribes) control the restrictions and write the regulations. This is NOT the Free Market that made America great and prosperous, it is corporatism (fascism), and manipulation of the market..... nothing free about it! Citizens create the market, the flow of capital into the market, and are the force that creates the offerings of the market. Like anything govt seeks to take control over, it is doomed for destruction! Right, and those workers earn no money, nor spend such money, nor affect economic systems, so those cities that happen to situate around military bases in, say, Texas are mere illusions and not really cities. Businesses therein are lies and remain open solely by virtue of bribes and government grants. Of course, if those government departments are closed, the local economy is equally unaffected. For crying out loud, SS, who do you think you're kidding when you type such BS? The government creates jobs in as much as they identify a function and try to get it done. If they hire a clerk to file a form, then that creates a job, just as surely as you would create a job if you hired a person to get something done. If your point is that the government doesn't hire people just to increase employment statistics, then I could agree with you, in that that's certainly not the government's purpose or even practice, but in fact, Congress has a long record of spending money to do things that apparently have no further purpose than to create jobs. (see their recent decisions to buy more tanks and planes that the Army and Air Force didn't want) Congress is certainly part of government and therefore, do create jobs. They probably shouldn't to such an extent, but they do. Lastly, the government has many achievements beyond restriction and regulation. Our government builds roads and highways. The postal service, and our national defense. The Internet, which you and I use to have this disagreement was made possible only by government involvement. Before these, the free market was generally happy with the status quo. Without our government, we would simply be oppressed by the nearest oligarch.

alleoops Joined Sat 08/06/11 Posts: 10832	Thu 01/23/14 04:04 PM
The gov't, nor the banks, create jobs! That is a myth! It does create depts that need to be filled with workers, but that just increases gov't, the "jobs" are just a necessary side effect. Policy affects the job market, yes, but gov't is not known for creating anything but restriction and regulation, empowering the rich of corporate America. The corporations and their lobbyists with their millions in campaign contributions (bribes) control the restrictions and write the regulations. This is NOT the Free Market that made America great and prosperous, it is corporatism (fascism), and manipulation of the market..... nothing free about it! Citizens create the market, the flow of capital into the market, and are the force that creates the offerings of the market. Like anything govt seeks to take control over, it is doomed for destruction! Right, and those workers earn no money, nor spend such money, nor affect economic systems, so those cities that happen to situate around military bases in, say, Texas are mere illusions and not really cities. Businesses therein are lies and remain open solely by virtue of bribes and government grants. Of course, if those government departments are closed, the local economy is equally unaffected. For crying out loud, SS, who do you think you're kidding when you type such BS? The government creates jobs in as much as they identify a function and try to get it done. If they hire a clerk to file a form, then that creates a job, just as surely as you would create a job if you hired a person to get something done. If your point is that the government doesn't hire people just to increase employment statistics, then I could agree with you, in that that's certainly not the government's purpose or even practice, but in fact, Congress has a long record of spending money to do things that apparently have no further purpose than to create jobs. (see their recent decisions to buy more tanks and planes that the Army and Air Force didn't want) Congress is certainly part of government and therefore, do create jobs. They probably shouldn't to such an extent, but they do. Lastly, the government has many achievements beyond restriction and regulation. Our government builds roads and highways. The postal service, and our national defense. The Internet, which you and I use to have this disagreement was made possible only by government involvement. Before these, the free market was generally happy with the status quo. Without our government, we would simply be oppressed by the nearest oligarch. and that would be the Internal Revenue Service, with brown uniforms on.

Sojourning_Soul Joined Fri 02/13/09 Posts: 10767	Fri 01/24/14 04:33 AM Edited by Sojourning_Soul on Fri 01/24/14 04:35 AM
The gov't, nor the banks, create jobs! That is a myth! It does create depts that need to be filled with workers, but that just increases gov't, the "jobs" are just a necessary side effect. Policy affects the job market, yes, but gov't is not known for creating anything but restriction and regulation, empowering the rich of corporate America. The corporations and their lobbyists with their millions in campaign contributions (bribes) control the restrictions and write the regulations. This is NOT the Free Market that made America great and prosperous, it is corporatism (fascism), and manipulation of the market..... nothing free about it! Citizens create the market, the flow of capital into the market, and are the force that creates the offerings of the market. Like anything govt seeks to take control over, it is doomed for destruction! Right, and those workers earn no money, nor spend such money, nor affect economic systems, so those cities that happen to situate around military bases in, say, Texas are mere illusions and not really cities. Businesses therein are lies and remain open solely by virtue of bribes and government grants. Of course, if those government departments are closed, the local economy is equally unaffected. For crying out loud, SS, who do you think you're kidding when you type such BS? The government creates jobs in as much as they identify a function and try to get it done. If they hire a clerk to file a form, then that creates a job, just as surely as you would create a job if you hired a person to get something done. If your point is that the government doesn't hire people just to increase employment statistics, then I could agree with you, in that that's certainly not the government's purpose or even practice, but in fact, Congress has a long record of spending money to do things that apparently have no further purpose than to create jobs. (see their recent decisions to buy more tanks and planes that the Army and Air Force didn't want) Congress is certainly part of government and therefore, do create jobs. They probably shouldn't to such an extent, but they do. Lastly, the government has many achievements beyond restriction and regulation. Our government builds roads and highways. The postal service, and our national defense. The Internet, which you and I use to have this disagreement was made possible only by government involvement. Before these, the free market was generally happy with the status quo. Without our government, we would simply be oppressed by the nearest oligarch. OMG! You actually believe yourself and that steaming heap of garbage?

Conrad_73 Joined Sat 09/29/07 Posts: 22488	Fri 01/24/14 06:13 AM Edited by Conrad_73 on Fri 01/24/14 06:17 AM
The gov't, nor the banks, create jobs! That is a myth! It does create depts that need to be filled with workers, but that just increases gov't, the "jobs" are just a necessary side effect. Policy affects the job market, yes, but gov't is not known for creating anything but restriction and regulation, empowering the rich of corporate America. The corporations and their lobbyists with their millions in campaign contributions (bribes) control the restrictions and write the regulations. This is NOT the Free Market that made America great and prosperous, it is corporatism (fascism), and manipulation of the market..... nothing free about it! Citizens create the market, the flow of capital into the market, and are the force that creates the offerings of the market. Like anything govt seeks to take control over, it is doomed for destruction! Right, and those workers earn no money, nor spend such money, nor affect economic systems, so those cities that happen to situate around military bases in, say, Texas are mere illusions and not really cities. Businesses therein are lies and remain open solely by virtue of bribes and government grants. Of course, if those government departments are closed, the local economy is equally unaffected. For crying out loud, SS, who do you think you're kidding when you type such BS? The government creates jobs in as much as they identify a function and try to get it done. If they hire a clerk to file a form, then that creates a job, just as surely as you would create a job if you hired a person to get something done. If your point is that the government doesn't hire people just to increase employment statistics, then I could agree with you, in that that's certainly not the government's purpose or even practice, but in fact, Congress has a long record of spending money to do things that apparently have no further purpose than to create jobs. (see their recent decisions to buy more tanks and planes that the Army and Air Force didn't want) Congress is certainly part of government and therefore, do create jobs. They probably shouldn't to such an extent, but they do. Lastly, the government has many achievements beyond restriction and regulation. Our government builds roads and highways. The postal service, and our national defense. The Internet, which you and I use to have this disagreement was made possible only by government involvement. Before these, the free market was generally happy with the status quo. Without our government, we would simply be oppressed by the nearest oligarch. yep,the Postal Service,a sterling Example of Government Ineptitude! Oppressed by an Oligarch without the power of Government behind him,since you are yammering that would happen without Government! How would he oppress you without having the help from sundry Government-Thugs! He wouldn't even be an Oligarch,since his Ilk is even powerless to earn a Dollar without using Government Coercion/Favors! He would even be lousy at digging Ditches. Man.you're really reaching now. I doubt you believe that Stuff even your self!

Bestinshow Joined Mon 06/01/09 Posts: 5540	Sun 01/26/14 09:00 AM
the unemployment is bipartisan and goes back decades to the first free trade agreement. If one wishes to lay blame lay it in the corporate interests that built up China. They took their jobs and fled to a country with no environmental or labor laws. Then sold the crap back to us. They built china up and now we have to face them in a new cold war further draining our society of tax dollars. Its a global scam and we are the new peasants.

alnewman Joined Sat 12/14/13 Posts: 4009	Sun 01/26/14 09:23 AM Edited by alnewman on Sun 01/26/14 09:29 AM
The gov't, nor the banks, create jobs! That is a myth! It does create depts that need to be filled with workers, but that just increases gov't, the "jobs" are just a necessary side effect. Policy affects the job market, yes, but gov't is not known for creating anything but restriction and regulation, empowering the rich of corporate America. The corporations and their lobbyists with their millions in campaign contributions (bribes) control the restrictions and write the regulations. This is NOT the Free Market that made America great and prosperous, it is corporatism (fascism), and manipulation of the market..... nothing free about it! Citizens create the market, the flow of capital into the market, and are the force that creates the offerings of the market. Like anything govt seeks to take control over, it is doomed for destruction! Right, and those workers earn no money, nor spend such money, nor affect economic systems, so those cities that happen to situate around military bases in, say, Texas are mere illusions and not really cities. Businesses therein are lies and remain open solely by virtue of bribes and government grants. Of course, if those government departments are closed, the local economy is equally unaffected. For crying out loud, SS, who do you think you're kidding when you type such BS? The government creates jobs in as much as they identify a function and try to get it done. If they hire a clerk to file a form, then that creates a job, just as surely as you would create a job if you hired a person to get something done. If your point is that the government doesn't hire people just to increase employment statistics, then I could agree with you, in that that's certainly not the government's purpose or even practice, but in fact, Congress has a long record of spending money to do things that apparently have no further purpose than to create jobs. (see their recent decisions to buy more tanks and planes that the Army and Air Force didn't want) Congress is certainly part of government and therefore, do create jobs. They probably shouldn't to such an extent, but they do. Lastly, the government has many achievements beyond restriction and regulation. Our government builds roads and highways. The postal service, and our national defense. The Internet, which you and I use to have this disagreement was made possible only by government involvement. Before these, the free market was generally happy with the status quo. Without our government, we would simply be oppressed by the nearest oligarch. And you haven't got a clue at all, just buying the BS. Government has never created a job, just taken the hard earned capital of others to hire another bureaucrat to impose additional BS to help eliminate other jobs. And the banks are even worse than that but that seems to be a matter that cannot penetrate your prejudicial training. I would say by your post you are either either possess or are a Master's candidate, probably in economics. And oh by the way, the internet has and will do exceedingly well in spite of government interference.

alnewman Joined Sat 12/14/13 Posts: 4009	Sun 01/26/14 09:42 AM
the unemployment is bipartisan and goes back decades to the first free trade agreement. If one wishes to lay blame lay it in the corporate interests that built up China. They took their jobs and fled to a country with no environmental or labor laws. Then sold the crap back to us. They built china up and now we have to face them in a new cold war further draining our society of tax dollars. Its a global scam and we are the new peasants. Yeah, right... They did nothing, try looking in the mirror if you want to see whom is to blame.

Bestinshow Joined Mon 06/01/09 Posts: 5540	Sun 01/26/14 09:50 AM Edited by Bestinshow on Sun 01/26/14 09:51 AM
Oh the photo dump argument. you win I know its easy to go through life without putting to put much critical thought into the current state of affairs. who in the hell do you think owns the government? Its not you or I that's a given. The financial Elite pull all strings and get things done their way the elected people be democrat or republican answer to the money.

Conrad_73 Joined Sat 09/29/07 Posts: 22488	Sun 01/26/14 09:51 AM
No Worries,the Unions will always save the day!

Drivinmenutz Joined Wed 11/14/07 Posts: 4290	Sun 01/26/14 10:05 AM
Right, and those workers earn no money, nor spend such money, nor affect economic systems, so those cities that happen to situate around military bases in, say, Texas are mere illusions and not really cities. Businesses therein are lies and remain open solely by virtue of bribes and government grants. Of course, if those government departments are closed, the local economy is equally unaffected. Think what he was trying to say this the economy is truly boosted if the job created creates capital as well. This is primarily a public market deal. Unless uncle sam hires a bunch of people to produce vehicles or houses, etc., pays those employees fair wages, and sells those products for fair prices... Any job that doesn't, only redistributes wealth, instead of building or adding to the economy.

Bestinshow Joined Mon 06/01/09 Posts: 5540	Sun 01/26/14 10:08 AM
Right, and those workers earn no money, nor spend such money, nor affect economic systems, so those cities that happen to situate around military bases in, say, Texas are mere illusions and not really cities. Businesses therein are lies and remain open solely by virtue of bribes and government grants. Of course, if those government departments are closed, the local economy is equally unaffected. Think what he was trying to say this the economy is truly boosted if the job created creates capital as well. This is primarily a public market deal. Unless uncle sam hires a bunch of people to produce vehicles or houses, etc., pays those employees fair wages, and sells those products for fair prices... Any job that doesn't, only redistributes wealth, instead of building or adding to the economy. The hoover damn comes to my mind. Spend a billion on something like that and you create wealth, spend a billion on a stealth bomber and you just spent a billion.

alnewman Joined Sat 12/14/13 Posts: 4009	Sun 01/26/14 10:14 AM
Oh the photo dump argument. you win I know its easy to go through life without putting to put much critical thought into the current state of affairs. who in the hell do you think owns the government? Its not you or I that's a given. The financial Elite pull all strings and get things done their way the elected people be democrat or republican answer to the money. Speak for yourself because I do own my government, so your given clause is flawed. And the financial elite can do as they want but if they tread on my rights, then they must pay the toll. But the sheeple just roll over and life goes on.

alnewman Joined Sat 12/14/13 Posts: 4009	Sun 01/26/14 10:16 AM
Think what he was trying to say this the economy is truly boosted if the job created creates capital as well. This is primarily a public market deal. Unless uncle sam hires a bunch of people to produce vehicles or houses, etc., pays those employees fair wages, and sells those products for fair prices... Are you referring to Government Motors, well the fair thing could be questioned.