The Briefing Room
General Category => Economy/Business => Topic started by: DCPatriot on June 06, 2018, 10:15:11 pm
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American Economy Just Went Off the Charts; “Never Before in Historyâ€
Steve Straub
The American economy just went off the charts when for the first time in history there are now more jobs than job seekers:
The jobs market has reached what should be some kind of inflection point: There are now more openings than there are workers.
April marked the second month in a row this historic event has occurred, and the gap is growing.
According to the monthly Job Openings and Labor Turnover Survey released Wednesday, there were just shy of 6.7 million open positions in April, the most recent month for which data are available. That represented an increase of 65,000 from March and is a fresh record.
more at: http://thefederalistpapers.org/us/american-economy-just-went-off-the-charts-never-before-in-history (http://thefederalistpapers.org/us/american-economy-just-went-off-the-charts-never-before-in-history)
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I'd say it's time for welfare reform.
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I'd say it's time for welfare reform.
There is a notion that would never cross a rats mind.
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I can attest to the fact that there are a lot more job openings for doctors than there are doctors to fill the jobs. (But that was looming up as a problem even before the economic "boom" hit.)
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OK Folks, what we demand of Obama, we ought to do the same for Trump -- What is the LABOR FORCE PARTICIPATION RATE? did it improve under Trump?
Isn't that the bottom line? Getting people not to sit around but to work?
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OK Folks, what we demand of Obama, we ought to do the same for Trump -- What is the LABOR FORCE PARTICIPATION RATE? did it improve under Trump?
Isn't that the bottom line? Getting people not to sit around but to work?
I have no doubt we are experiencing a strong employment rebound but you are right...
The details help tell the whole story.
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OK Folks, what we demand of Obama, we ought to do the same for Trump
Hater.
Democrat-troll.
Hillary-supporter.
HOW DARE YOU BESMIRCH THE PREZ BY PUTTING HE AND OBAMA IN THE SAME SENTENCE!
They have already told us, it is okay when Trump does and says those things that would have driven them into fits of rage if Obama had done and said the same things. We cannot hold Trump to the same demands made of Obama, because .... because....
... just because. He's Trump.
We cannot apply the same critical observations of the bogus employment numbers used to take apart Obama's jobless claims given how many people dropped out of the workforce and got on welfare, and use them on Trump's claims. I mean, what's the matter with you? Trump is the greatest human in all history of rulers, kings and presidents! He has made the sea levels fall, racial tensions disappear, peace in the Middle East, unemployment disappear, home ownership skyrocket, taxes brought to zero, nukes done away with, Jihadists all brought to heel and surrendered to him.
Trump is God! /sarc.
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Hater.
Democrat-troll.
Hillary-supporter.
HOW DARE YOU BESMIRCH THE PREZ BY PUTTING HE AND OBAMA IN THE SAME SENTENCE!
They have already told us, it is okay when Trump does and says those things that would have driven them into fits of rage if Obama had done and said the same things. We cannot hold Trump to the same demands made of Obama, because .... because....
... just because. He's Trump.
We cannot apply the same critical observations of the bogus employment numbers used to take apart Obama's jobless claims given how many people dropped out of the workforce and got on welfare, and use them on Trump's claims. I mean, what's the matter with you? Trump is the greatest human in all history of rulers, kings and presidents! He has made the sea levels fall, racial tensions disappear, peace in the Middle East, unemployment disappear, home ownership skyrocket, taxes brought to zero, nukes done away with, Jihadists all brought to heel and surrendered to him.
Trump is God! /sarc.
Yes. Trump is God. U6 employment numbers show that.
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OK Folks, what we demand of Obama, we ought to do the same for Trump -- What is the LABOR FORCE PARTICIPATION RATE? did it improve under Trump?
Isn't that the bottom line? Getting people not to sit around but to work?
That's a great question. The answer can be found here: http://www.macrotrends.net/1377/u6-unemployment-rate (http://www.macrotrends.net/1377/u6-unemployment-rate)
And, keep in mind that the rate of retirements is increasing.
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And, keep in mind that the rate of retirements is increasing.
Which is why all the talk is about the insolvency of SoSec now. Boomers retiring and not enough taxpaying laborers to cover the payout of benefits.
Something discussed all the way back in the 80s, and ignored.
Something else to consider is that there is no way to know, is that of the millions upon millions who dropped completely out of the workforce in the last 10 years to get on government assistance - how many have gone back in? Remember, Obama's "numbers" crowing unemployment figures were based on numbers of people filing for unemployment. They never counted those who had the 99 weeks extension to their bennies, or those who dropped out. Simply counted new filings for bennies as the official rate.
How has that accounting changed since Trump took office?
I think a better analytic would be how many new business start-ups have there been in the last two years?
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As the WSJ noted yesterday, this is all splendid news, provided that employers don't start moving their operations overseas in order to get the employees we need. President Trump needs to rethink his stance on immigration. Continued growth depends on sufficient employees to sustain business operations. Think about it - if you were an employer in need of employees, would you rather have an American too lazy and complacent on welfare to seek work, or an immigrant who's pulled up stakes precisely because he sees the opportunity here?
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We agree @Jazzhead
I'm all for immigration. I hear there are many good folk native to Sweden and other countries i that region that are wanting to leave their own countries do to the invasion of foreign occupiers.
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OK Folks, what we demand of Obama, we ought to do the same for Trump -- What is the LABOR FORCE PARTICIPATION RATE? did it improve under Trump?
Isn't that the bottom line? Getting people not to sit around but to work?
I've made this point whenever a jobs report comes out, and I get raked over the coals for daring to ask this. Including some very, very nasty emails and PMs. Things in some ways are improving but the trend lines have been flat. Rs are cheering now like D's were cheering when Obama was claiming record rebounds. Yet in both cases we are looking at playing with numbers more than actual change. At that, I find it funny that the same measurements Trump called 'fake' when Obama was president he is now using to tout his success. Will he offer an apology for calling them fake before?
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As the WSJ noted yesterday, this is all splendid news, provided that employers don't start moving their operations overseas in order to get the employees we need. President Trump needs to rethink his stance on immigration. Continued growth depends on sufficient employees to sustain business operations. Think about it - if you were an employer in need of employees, would you rather have an American too lazy and complacent on welfare to seek work, or an immigrant who's pulled up stakes precisely because he sees the opportunity here?
Cut the welfare and he/she will work.
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What value is including retired people within the denominator of that equation?
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What value is including retired people within the denominator of that equation?
That has been my question from way back. Why include retired Senior Citizens in the labor force participation count?
The most relevant and important numbers are those who are of WORKING AGE.
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That has been my question from way back. Why include retired Senior Citizens in the labor force participation count?
The most relevant and important numbers are those who are of WORKING AGE.
Yes, that was what was behind my comment about accelerating retirements.
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Cut the welfare and he/she will work.
Except there is no political will to do that. The immediate issue is that employers need employees and the labor participation rate remains chronically low. The solution is increased immigration.
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Except there is no political will to do that. The immediate issue is that employers need employees and the labor participation rate remains chronically low. The solution is increased immigration.
Yeah, and 15 years ago there was no political will to have transgenders in the womens' bathroom. And, not much for gay marriages.
And, your solution makes as much sense as either of those.
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Except there is no political will to do that. The immediate issue is that employers need employees and the labor participation rate remains chronically low. The solution is increased immigration.
Amazing. I keep seeing your idiocy popping up all over TBR today...and to a post everything you espouse is contrary to conservative thought....and yet you’ll now tell us what a staunch conservative you are and how WE are the ones that are not.
Meanwhile you still run scared and refuse to answer questions put forth to you on other threads where you spout your ridiculous drivel. I’m telling you bud, you’d fit right in over at DU..you should give it a try.
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Except there is no political will to do that. The immediate issue is that employers need employees and the labor participation rate remains chronically low. The solution is increased immigration.
Total BS. Hungry people will work.
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Except there is no political will to do that. The immediate issue is that employers need employees and the labor participation rate remains chronically low. The solution is increased immigration.
Not no will, just not enough of it.
Requiring work for welfare moves Texans out of dependency
https://www.tribtalk.org/2018/03/12/requiring-work-for-welfare-moves-texans-out-of-dependency/ (https://www.tribtalk.org/2018/03/12/requiring-work-for-welfare-moves-texans-out-of-dependency/)
March 12, 2018
Everything is bigger in Texas, but not welfare dependency — and that is a good thing. As Congress ramps up the debate on overhauling several welfare programs, policymakers should look to Texas for guiding principles to achieve meaningful reform. The chief among them: a “work first†approach for able-bodied adults.
Texas understands that the real path out of dependency is work — not more welfare. The state focuses its programs on creating a fast track that moves people toward jobs as soon as possible. Instead of obsessing over formal educational attainment or complex government training programs, Texas makes getting a job — the first step to long-term independence — priority No. 1....
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Amazing. I keep seeing your idiocy popping up all over TBR today...and to a post everything you espouse is contrary to conservative thought....and yet you’ll now tell us what a staunch conservative you are and how WE are the ones that are not.
Mainstream conservatism has traditionally been in favor of sufficient immigration to keep the economy humming. The Wall Street Journal (which most sane folks agree is conservative) in an editorial this morning recommended that Trump consider increased (legal) immigration.
I am more of a conservative than your are on this issue. You appear to be one of those alt-right nativists. But know-nothingism is not conservative, it is rooted in xenophobia and even racism. Those are NOT conservative values.
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Not no will, just not enough of it.
Requiring work for welfare moves Texans out of dependency
https://www.tribtalk.org/2018/03/12/requiring-work-for-welfare-moves-texans-out-of-dependency/ (https://www.tribtalk.org/2018/03/12/requiring-work-for-welfare-moves-texans-out-of-dependency/)
March 12, 2018
Everything is bigger in Texas, but not welfare dependency — and that is a good thing. As Congress ramps up the debate on overhauling several welfare programs, policymakers should look to Texas for guiding principles to achieve meaningful reform. The chief among them: a “work first†approach for able-bodied adults.
Texas understands that the real path out of dependency is work — not more welfare. The state focuses its programs on creating a fast track that moves people toward jobs as soon as possible. Instead of obsessing over formal educational attainment or complex government training programs, Texas makes getting a job — the first step to long-term independence — priority No. 1....
Good for Texas.
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Good for Texas.
It does work. And more politicians would gain the will if more voters would make it important to them.
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It does work. And more politicians would gain the will if more voters would make it important to them.
Agree, 100%
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It does work. And more politicians would gain the will if more voters would make it important to them.
Yep, by forcing people to work, less homeless, less welfare, more jobs taken, more govt taxes, etc. etc. etc.
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I have no doubt we are experiencing a strong employment rebound but you are right...
The details help tell the whole story.
'Whole story' aside, it's only fair and just that the same equation be used to calculate the so-called unemployment rate.
If we had to stomach BS numbers for 8 years of Obama, why can't we turn it back on 'them' (Dems/media)?
You should be celebrating that our side has, in less than 2 years, has smashed all employment records.
Why do you find that necessary to pooh-pooh?
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OK Folks, what we demand of Obama, we ought to do the same for Trump -- What is the LABOR FORCE PARTICIPATION RATE? did it improve under Trump?
Isn't that the bottom line? Getting people not to sit around but to work?
@SirLinksALot
Is that you,Terry McAuliffe? Getting into campaign mode for the 2020 presidential race?
Only a weasel Dim could dig hard to find bad in good news. I bet when someone you know has a baby you congratulate the mother,and then tells her "Not that it matters,the child is going to die sooner or later anyway".
If every Muslim in the world were to switch to being Quakers while Trump was president,you would be blaming him for people losing their religion.
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Hater.
Democrat-troll.
Hillary-supporter.
HOW DARE YOU BESMIRCH THE PREZ BY PUTTING HE AND OBAMA IN THE SAME SENTENCE!
They have already told us, it is okay when Trump does and says those things that would have driven them into fits of rage if Obama had done and said the same things. We cannot hold Trump to the same demands made of Obama, because .... because....
... just because. He's Trump.
No,because Obama never did anything positive. But then again,you know that and just don't care.
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Total BS. Hungry people will work.
@IsailedawayfromFR
If you are talking about Americans,I think most of them would prefer to riot to try to get "their" checks coming in again.
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Why do you find that necessary to pooh-pooh?
I’m not and I don’t.
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Mainstream conservatism has traditionally been in favor of sufficient immigration to keep the economy humming. The Wall Street Journal (which most sane folks agree is conservative) in an editorial this morning recommended that Trump consider increased (legal) immigration.
I am more of a conservative than your are on this issue. You appear to be one of those alt-right nativists. But know-nothingism is not conservative, it is rooted in xenophobia and even racism. Those are NOT conservative values.
Oh, that’s just more bullshit out of your statist brain. I’m all in favor of legal immigration from wherever (BTW, nice red herring on the equally bullshit “racist†barb), however you’re all in favor of letting anything with a pulse in, no matter how they get here...as long as it gets more of your idiot liberal ideas pushed through.
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You appear to be one of those alt-right nativists. But know-nothingism is not conservative, it is rooted in xenophobia and even racism. Those are NOT conservative values.
I am more of a conservative than your are on this issue.
That's funny as hell right there.
Using tried and true LEFTIST talking points on this very issue to insist that you are more Conservative than we are.
That's like Satan trying to convince everyone that he is more righteous than God on the issues.
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'Whole story' aside, it's only fair and just that the same equation be used to calculate the so-called unemployment rate.
If we had to stomach BS numbers for 8 years of Obama, why can't we turn it back on 'them' (Dems/media)?
Riiiiight. What does it matter if it is accurate or true?
What idiocy.
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Riiiiight. What does it matter if it is accurate or true?
What idiocy.
When there is a headline such as this, I hope I am always curious enough to ask questions to know what is behind the numbers. That’s fair, isn’t it?
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Riiiiight. What does it matter if it is accurate or true?
What idiocy.
Don't be anal.
So what if the 'Real' unemployment rate is 8% +/-?
That same formula gave Obama a rate of 15%
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When there is a headline such as this, I hope I am always curious enough to ask questions to know what is behind the numbers. That’s fair, isn’t it?
There's lies....damned lies...and then there's statistics.
The point is proportionately speaking we should be praising his policy's and leadership...as if we did for President Reagan.
Instead...because he's not morally fit for one's standards, he can't win for losing.
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When there is a headline such as this, I hope I am always curious enough to ask questions to know what is behind the numbers. That’s fair, isn’t it?
Well, obviously bullshit is what's behind the numbers. Regardless of where they come from anymore.
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Don't be anal.
So what if the 'Real' unemployment rate is 8% +/-?
That same formula gave Obama a rate of 15%
And turd polish is more important than accurate reporting.
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And turd polish is more important than accurate reporting.
So...you're the guy who feels better about himself to unilaterally use the "REAL" number...which the DEM/MSM totally ignored?
Cut the crap. :whistle:
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The point is proportionately speaking we should be praising his policy's and leadership...as if we did for President Reagan.
I never sang hosannas and worshipped Reagan like you people demand we do Trump. I voted for Reagan twice, and trash talked him on issues I felt he was wrong about such as his Immigration deal and his absentee oopsie-status on Iran-Contra and yanking us out of Beirut after our marines got slaughtered there without payback.
What you ask for in regards to praising Trump is the same stupid shit the Leftists demanded everyone show Obama.
Not. Gonna. Happen.
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So...you're the guy who feels better about himself to unilaterally use the "REAL" number...which the DEM/MSM totally ignored?
Cut the crap. :whistle:
Right. So now the REAL number is ignored all over, rendering the purpose of numbering moot, and the 'smashing of record' invalid as well, in all but the turd polishing sense.
Now it doesn't matter what is right or wrong or even accurate. It's all about the turd polish.
And in the mean time, no one knows what employment is actually doing on the ground, and whether actual efforts are producing actual improvements. It's all just bigger bucket of turd polish than the last guy.
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Right. So now the REAL number is ignored all over, rendering the purpose of numbering moot, and the 'smashing of record' invalid as well, in all but the turd polishing sense.
The only one ignoring the real numbers are you. Numerous times on these threads U6 numbers are dropped, but the devoted haters don't give a shit and are just around to crank off to an empty room.
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@SirLinksALot
Only a weasel Dim could dig hard to find bad in good news. I bet when someone you know has a baby you congratulate the mother,and then tells her "Not that it matters,the child is going to die sooner or later anyway".
If every Muslim in the world were to switch to being Quakers while Trump was president,you would be blaming him for people losing their religion.
Only a pure partisan will ignore the fact that the official unemployment rate was ALREADY TRENDING DOWN during Obama's term and posters in this forum were RIGHTLY concerned about labor force participation rates. As I said... THAT IS THE BOTTOM LINE regardless of who is President.
Now, if you have good news on that front, please share it with us. I will continue to bring this issue up everytime the official unemployment rate is brought up.
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That has been my question from way back. Why include retired Senior Citizens in the labor force participation count?
The most relevant and important numbers are those who are of WORKING AGE.
So why then did you make a big deal on bringing it up if it means nothing?
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The only one ignoring the real numbers are you. Numerous times on these threads U6 numbers are dropped, but the devoted haters don't give a shit and are just around to crank off to an empty room.
Because numbers mean things Frank. Jacking the numbers just to claim 'historic record breaking' puts you in the same room with the putzes that awarded Obummer the Nobel Peace Prize.
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So why then did you make a big deal on bringing it up if it means nothing?
Ok, if you have improved numbers for those eligible workers who are not of retirement age, e.g. 18 to 61, I will be happy to read it. I brought the same issue up when Obama was President, and it is but fair to bring it up under Trump or whoever is POTUS.
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@IsailedawayfromFR
If you are talking about Americans,I think most of them would prefer to riot to try to get "their" checks coming in again.
If they riot, are they eating?
If they are, someone is paying for them to eat, and it won't be me if they are off welfare.
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Because numbers mean things Frank. Jacking the numbers just to claim 'historic record breaking' puts you in the same room with the putzes that awarded Obummer the Nobel Peace Prize.
Nothing's being "jacked up" -- nothing. You've got to get out and live the change that's taking place in the private sector. It's a great time to be a part of it!
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Nothing's being "jacked up" -- nothing. You've got to get out and live the change that's taking place in the private sector. It's a great time to be a part of it!
I am self employed in the private sector, with strong regional (interstate) ties in Construction and Technology. How do you propose I 'get out and live it' any differently?
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Why are you all arguing numbers? Look them up: http://www.macrotrends.net/1377/u6-unemployment-rate (http://www.macrotrends.net/1377/u6-unemployment-rate)
And, if the numbers were calculated the same way during the 0bama administration as they are now, means that the numbers should be relevant.
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Nothing's being "jacked up" -- nothing. You've got to get out and live the change that's taking place in the private sector. It's a great time to be a part of it!
A little too anecdotal for me when the claim is “never before in historyâ€. I want to see what is prompting that claim. I’m not dismissing the gains. I just want to see the data.
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The only one ignoring the real numbers are you. Numerous times on these threads U6 numbers are dropped, but the devoted haters don't give a shit and are just around to crank off to an empty room.
:patriot:
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A little too anecdotal for me when the claim is “never before in historyâ€. I want to see what is prompting that claim. I’m not dismissing the gains. I just want to see the data.
No! Your post read like you just dropped in, only too happy to add some asterisk to the record claim.
Yeah...you did. A little bit ...,little bit! 888blackhat
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No! Your post read like you just dropped in, only too happy to add some asterisk to the record claim.
Yeah...you did. A little bit ...,little bit! 888blackhat
No fooling you.
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I can tell you in my little corner of the economic recovery, we're doing well.
We are a manufacturing company that went from 3 in 2015, soon to be 12 employees.
We figure we will need 15 by the end of the year.
Anecdotal?
Sure, but very real for us here in Katy, Texas, where our shop is.
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I am self employed in the private sector, with strong regional (interstate) ties in Construction and Technology. How do you propose I 'get out and live it' any differently?
Well, in all candor I find it hard to believe this in light of your suspicious pessimism. They're contradictions.
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That has been my question from way back. Why include retired Senior Citizens in the labor force participation count?
The most relevant and important numbers are those who are of WORKING AGE.
Because it is a measure of the percentage of the population that is participating in the labor force. Retired seniors are part of the population. If you don't want them included, you're looking at the wrong metric.
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Nothing's being "jacked up" -- nothing. You've got to get out and live the change that's taking place in the private sector. It's a great time to be a part of it!
Aaaaaaaannnnnnnd Obama's drones said the nearly the SAME DAMN THING for nearly identical reasons when crowing about how great the economy was doing under His Heinous.
The only one ignoring the real numbers are you. Numerous times on these threads U6 numbers are dropped, but the devoted haters don't give a shit and are just around to crank off to an empty room.
Aaaaaaaannnnnnd Obama's sycophantic messiah-worshipping Leftist drones crowed about the U6 numbers back in 2014-15 to shout about how great the economy was under Obama:
U6 unemployment is now below 10%. The last time if was below 10% was May of 2008.
If people want a measure of how well the Obama administration has shouldred the responsibility of the economic recovery, they should consider how U6 has fared. (https://www.dailykos.com/stories/2015/11/6/1445819/-U6-Unemployment-Below-10-First-Time-since-May-of-2008)
I find it so very fascinating that the very same charts, graphs, numbers, measurements, reporting agencies, metrics and so on that crowed about Obama's economic prowess was rightfully poo-poohed and regarded as bogus from the very same people who now tout the very same things as Gen-U-Ine and true, simply because it's Trump they herald as political and economic savior.
Amazing how easily a people are beguiled into hero worship simply because it's THEIR GUY in the office.
"Never before in history" my ass.
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Well, in all candor I find it hard to believe this in light of your suspicious pessimism. They're contradictions.
No... because I live in the real world, and look at the sign on the ground. Not ginned up numbers and fairy dust farted out of some unicorn.
Is it picking up some? Yes. And it has been since somewhere in obummer's last year. But it ain't swinging a quarter of the 80's and 'historic, better than ever in history' is purely bullcrap. Most of the uptick here is due to goods moving through us to the Oil Patch, and has been for years.
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Frankly, one would have to be blind or in a trance/coma...not to see the difference under Trump's leadership.
I don't give a fig what formula you use. Apply the same one to the work force under Obama and then get back to us.
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Why are you all arguing numbers? Look them up: http://www.macrotrends.net/1377/u6-unemployment-rate (http://www.macrotrends.net/1377/u6-unemployment-rate)
And, if the numbers were calculated the same way during the 0bama administration as they are now, means that the numbers should be relevant.
That's a good point @Sanguine . I would rather use the "real" number, but let's talk about the official unemployment rate. Looks to me that from the chart it was 4.9% when Obama left office and it's 3.8% now. Thanks for that link. So, people are crowing about a 1.1% drop. Jeez people, if you used the "real" number you could at least say there was a 2.0% drop.
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Apply the same one to the work force under Obama and then get back to us.
From Sycophantic Drones For Obama 2015:
U6 unemployment is now below 10%. The last time if was below 10% was May of 2008.
If people want a measure of how well the Obama administration has shouldred the responsibility of the economic recovery, they should consider how U6 has fared. (https://www.dailykos.com/stories/2015/11/6/1445819/-U6-Unemployment-Below-10-First-Time-since-May-of-2008)
Same metrics you people are crowing about from the same source with the same spin for different rulers simply because of whom you're beholden to.
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No... because I live in the real world, and look at the sign on the ground. Not ginned up numbers and fairy dust farted out of some unicorn.
I'm not the one fixated on numbers and twisting myself into a pretzel trying to prove them wrong. *You* are.
I'm not the one saying I live in the real world but don't see the renewed energy, activity and optimism in the private sector. Again, *you* are.
Maybe you should consider lifting your gaze from the ground. Change your focus and you'll not only see the positive changes, you'll appreciate them. And you won't give a damn about the numbers...you'll be too busy and productive to worry about them.
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I'm not the one fixated on numbers and twisting myself into a pretzel trying to prove them wrong. *You* are.
I don't have to prove them wrong - Everyone KNOWS they're wrong.
I'm not the one saying I live in the real world but don't see the renewed energy, activity and optimism in the private sector. Again, *you* are.
Actually I said it's better then it was. Just not 'The Best Economy Evah', and no where near it. That's what it is, here on Main Street, and every other Main Street I am in contact with in this region (Intermountain/PacNW).
Maybe not meh... but barely whee...
Maybe you should consider lifting your gaze from the ground. Change your focus and you'll not only see the positive changes, you'll appreciate them. And you won't give a damn about the numbers...you'll be too busy and productive to worry about them.
Riiight. Ignoring the local economy for undue optimism over falsified or misleading numbers. There's a great business plan. *****rollingeyes*****
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American Economy Just Went Off the Charts; “Never Before in Historyâ€
Know what else is off the charts? The new Drake song "Nice For What". 2nd week at #1 on Billboards Hot 100!
! No longer available (http://www.youtube.com/watch?v=U9BwWKXjVaI#)
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American Economy Just Went Off the Charts; “Never Before in Historyâ€
Know what else is off the charts? The new Drake song "Nice For What". 2nd week at #1 on Billboards Hot 100!
! No longer available (http://www.youtube.com/watch?v=U9BwWKXjVaI#)
So next week, when it drops to number 2, that'll be a 1% drop also, just like the unemployment rate since Trump has been in office?
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So next week, when it drops to number 2, that'll be a 1% drop also, just like the unemployment rate since Trump has been in office?
Yabutt... Yabutt... The BEST 1% EVAH!!!!
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So next week, when it drops to number 2, that'll be a 1% drop also, just like the unemployment rate since Trump has been in office?
Yes, and just like a 1% drop in unemployment is good because more people are working, a 1% drop in this song on the charts is good because there is less of a chance of hearing it........this song really blows.
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Amazing how easily a people are beguiled into hero worship simply because it's THEIR GUY in the office.
@INVAR
Not as amazing as how easy it is for SOME people to ignore or completely dismiss good news because it ISN'T "their guy" in the office.
BTW,which of the losers was it that you supported?
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Why are you all arguing numbers? Look them up: http://www.macrotrends.net/1377/u6-unemployment-rate (http://www.macrotrends.net/1377/u6-unemployment-rate)
And, if the numbers were calculated the same way during the 0bama administration as they are now, means that the numbers should be relevant.
Yes, it was already trending downward under Obama.
Look closely, and you'll see that the U6 was dropping slightly faster under Obama than it has since Trump took office.
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Civilian Labor Force Participation Rate, Jan 2017: 62.9%
Civilian Labor Force Participation Rate, May 2018: 62.7%
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@INVAR
Not as amazing as how easy it is for SOME people to ignore or completely dismiss good news because it ISN'T "their guy" in the office.
Well first of all Pete, I think the "news" is as bogus and spun as it was when Obama was touting how great and wonderful his economy was.
To be plain: I do not trust a freaking word or stat that comes from the mouth of a government agency.
Secondly, I've already explained that I am honoring the demand from ForeverTrump's® that those who were not on Trump's train from the beginning are not permitted to 'ride his coattails of victory' when good news is announced' and applaud it.
So Trump gets no public acknowledgement in the affirmative from me per request.
BTW,which of the losers was it that you supported?
Those who came closest to matching the principles that I am beholden.
I'm not into applying team sport fandom to the bulwarks of what remains of our liberty.
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Civilian Labor Force Participation Rate, Jan 2017: 62.9%
Civilian Labor Force Participation Rate, May 2018: 62.7%
Yeah, and the average between 1950 and now is 58.1%. It's a meaningless number now because we have a massive generation retiring at higher numbers by the day. That doesn't mean these people are sitting at home on welfare. It means they are retiring.
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Secondly, I've already explained that I am honoring the demand from ForeverTrump's® that those who were not on Trump's train from the beginning are not permitted to 'ride his coattails of victory' when good news is announced' and applaud it.
So Trump gets no public acknowledgement in the affirmative from me per request.
@Inva
Are you a man,or a 13 year old girl playing "Junior Bitch" games?
You DO know this is about America and her future,not YOU personally,right?
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@INVAR
Are you a man,or a 13 year old girl playing "Junior Bitch" games?
That's illegal nowadays Pete. You must use the proper gender pronoun that someone currently self-identifies as in positive affirmation or face a potential lawsuit and government mandated sensitivity training, notwithstanding the bathrooms at Target.
Just a friendly reminder of cultural policy.
That said - what is so wrong with honoring the demands of ForeverTrumps®? I mean they are usually quite grumpy that we do not listen to them and do as they ask. I admit it is confusing because one minute we were told Trump did not need nor want our support - then we were told we may not give public accolades because we did not earn the right to bask in victory, and the next we are excoriated for not praising Trump for all his miraculous accomplishments.
Since I disdain government to it's core anyway and consider it nothing but an evil - it's much easier to honor the request that I not cheerlead Trump because I did not 'earn the right' to do so.
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Yeah, and the average between 1950 and now is 58.1%. It's a meaningless number now because we have a massive generation retiring at higher numbers by the day. That doesn't mean these people are sitting at home on welfare. It means they are retiring.
Then you agree that a 1% drop in unemployment since Trump was elected is not a big deal?
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:2popcorn:
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Then you agree that a 1% drop in unemployment since Trump was elected is not a big deal?
It's the most amazing thing in all human history Roos! Never before in the recorded history of mankind has an economy gone off the charts like this, all due to the power of the breath of Trump and his divine prowess.
Acknowledge this feat and praise him damn you!
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Then you agree that a 1% drop in unemployment since Trump was elected is not a big deal?
No, because it means more people are working. The day I get cavalier about people being able to put a roof over their heads and food on their tables is the day I move to France.
Beyond all these govt' numbers, if you got out of your moms basement and looked around you can see that things are better. Out on the streets there is a feeling of prosperity that wasn't here a couple years ago.
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It's the most amazing thing in all human history Roos! Never before in the recorded history of mankind has an economy gone off the charts like this, all due to the power of the breath of Trump and his divine prowess.
Acknowledge this feat and praise him damn you!
You sound like Nancy Pelosi: "It's just a thousand dollars".
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Yeah, and the average between 1950 and now is 58.1%. It's a meaningless number now because we have a massive generation retiring at higher numbers by the day. That doesn't mean these people are sitting at home on welfare. It means they are retiring.
There are also seasonal variations.
My point is, Obama was mocked based on this number, but now the rhetoric has suddenly reversed.
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You sound like Nancy Pelosi: "It's just a thousand dollars".
I actually think the headline sounds more like Maxine Waters:
"The President has put in place an organization with the kind of database that no one has ever seen before in life"
! No longer available (http://www.youtube.com/watch?v=eIA1lQBqH1s#)
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No, because it means more people are working. The day I get cavalier about people being able to put a roof over their heads and food on their tables is the day I move to France.
Beyond all these govt' numbers, if you got out of your moms basement and looked around you can see that things are better. Out on the streets there is a feeling of prosperity that wasn't here a couple years ago.
Thank you for making me clarify myself. I am not, and i don't think anyone else is, saying that a lower unemployment rate isn't a great thing. I think the issue is what comes across as a breathless headline, article and some comments here claiming that because of Trump things are off the charts fantastic. The truth is they are better, they had been getting significantly better prior to Trump's election, at least as far as the reported unemployment numbers. But, if you want to be honest about (possibly dishonest) numbers the unemployment rate had already significantly improved while Obama was still in office and there's been a 1% improvement since Trump's election.
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My point is, Obama was mocked based on this number, but now the rhetoric has suddenly reversed.
Yup. But that notation is not welcome.
Hypocrisy only applies in one direction.
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Thank you for making me clarify myself. I am not, and i don't think anyone else is, saying that a lower unemployment rate isn't a great thing. I think the issue is what comes across as a breathless headline, article and some comments here claiming that because of Trump things are off the charts fantastic. The truth is they are better, they had been getting significantly better prior to Trump's election, at least as far as the reported unemployment numbers. But, if you want to be honest about (possibly dishonest) numbers the unemployment rate had already significantly improved while Obama was still in office and there's been a 1% improvement since Trump's election.
The only reason they significantly improved under Obama is because when he took office they collapsed. People were losing their homes and jumping out of buildings. You can only go up from there. Beyond that though, GDP was terrible. The growth in jobs was lackluster. Overall things were shit and that dumb bastard had 8 years to do something. There is definitely a lot more prosperity now and we are only a couple years in.
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There are also seasonal variations.
My point is, Obama was mocked based on this number, but now the rhetoric has suddenly reversed.
Is that number getting better or worse now?
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The only reason they significantly improved under Obama is because when he took office they collapsed. People were losing their homes and jumping out of buildings. You can only go up from there. Beyond that though, GDP was terrible. The growth in jobs was lackluster. Overall things were shit and that dumb bastard had 8 years to do something. There is definitely a lot more prosperity now and we are only a couple years in.
We don't disagree on most of that. I don't think you can say that growth is jobs was lackluster then but it's so much better now. I don't see much evidence that much has changed in that area since Novemner 2016.
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Is that number getting better or worse now?
It is better by 1%
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OK, whatever numbers we look at U3, U6, labor participation rate -- it looks like the trend is positive.
We at least have a basis for saying that Trump did BETTER for the economy than Obama.
It would be even better if this positive trend CONTINUES.
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It is better by 1%
Then it is a GD red letter day. Celebrate your ass off like there is no tomorrow.
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Forget the U3 and the U6; leave that stuff to the geeks. What's historic is that more employers are offering jobs than there are Americans willing to fill them. That's both good news, and a warning about systemic problems we face.
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Forget the U3 and the U6; leave that stuff to the geeks. What's historic is that more employers are offering jobs than there are Americans willing to fill them. That's both good news, and a warning about systemic problems we face.
No one wants to hear about your imigration plan again.
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Then it is a GD red letter day. Celebrate your ass off like there is no tomorrow.
There's no tomorrow?
Who the hell cancelled it???
Annie says the sun will come out tomorrow, so I don't believe your analysis of the situation is correct.
! No longer available (http://www.youtube.com/watch?v=Yop62wQH498#)
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Then it is a GD red letter day. Celebrate your ass off like there is no tomorrow.
(http://t0.gstatic.com/images?q=tbn:ANd9GcRzKHf71KJD_Mix-PwyRTPrRNj3_tnaRex3ZX0hyCOga_DNAzGR-Q)
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No one wants to hear about your imigration plan again.
I believe that the pursuit of truth and right ideas through honest debate and rigorous argument is a noble undertaking
- Charles Krauthammer
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- Charles Krauthammer
Thank you Jazz. I had precisely the same thought of sharing Mr. Krauthammer's quote here.
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No one wants to hear about your imigration plan again.
If anyone does want to hear it, for the sake of "honest debate", one can listen to any Democrat about 'undocumented workers' and get the same damn talking points and argument.
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It is better by 1%
You can fill a tub by peeing in it. It just takes a while.
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You can fill a tub by peeing in it. It just takes a while.
It'll fill faster if you drink more beer.
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It'll fill faster if you drink more beer.
That will speed up the recovery.
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It'll fill faster if you drink more beer.
That will speed up the recovery.
Everything I ever needed to know in life I've learnt on TBR! :smokin:
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Everything I ever needed to know in life I've learnt on TBR! :smokin:
And the Teke house.
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Thank you for making me clarify myself. I am not, and i don't think anyone else is, saying that a lower unemployment rate isn't a great thing. I think the issue is what comes across as a breathless headline, article and some comments here claiming that because of Trump things are off the charts fantastic. The truth is they are better, they had been getting significantly better prior to Trump's election, at least as far as the reported unemployment numbers. But, if you want to be honest about (possibly dishonest) numbers the unemployment rate had already significantly improved while Obama was still in office and there's been a 1% improvement since Trump's election.
I'll say it. A decrease in the unemployment rate is not necessarily a good thing, and does not necessarily mean that more people are working. For example,
1) UR (aka UE) only counts employment (or lack thereof), not quality of employment. 40 hours flipping burgers is just as "good" as 40 hours doing brain surgery. [Note: the latest jobs report showed good news in this regard, with increases in quality jobs]
2) UR only counts those who are looking for work. If, all other things being equal, a whole bunch of people give up looking, the UR will go down.
3) Lower UR can be an indication of a stagnant economy and people being afraid to change jobs.` Or an economy that is overheating, and therefore, according to a theory that is falling out of favor, may indicate oncoming price inflation.
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No one wants to hear about your imigration plan again.
I believe that the pursuit of truth and right ideas through honest debate and rigorous argument is a noble undertaking
- Charles Krauthammer
Look what good it did him.
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It'll fill faster if you drink more beer.
Who the hell can afford beer in the shitty Trump economy?
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Who the hell can afford beer in the shitty Trump economy?
Iron City is .99 a six pack. If you can stomach that wombat piss in a can
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And the Teke house.
I learnt a bunch of important things there. Don't let pledges play poker while drunk on a third-storied roof. **nononono*
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I learnt a bunch of important things there. Don't let pledges play poker while drunk on a third-storied roof. **nononono*
Drinking age was 18 back then. They was legal!
But yeah it only takes one swan dive to kill a good buzz. :smokin:
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It'll fill faster if you drink more beer.
Today's TBR physics lesson.
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You can fill a tub by peeing in it. It just takes a while.
Not if you never put the drain plug in. :shrug:
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Which, btw, is ill-advised.
If you are peein in the tub, and the drain plug is in, you'll surely catch hell from the ol lady in the morning.
Work that into your economic analysis.
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Which, btw, is ill-advised.
If you are peein in the tub, and the drain plug is in, you'll surely catch hell from the ol lady in the morning.
Work that into your economic analysis.
That aint ECON.
That is the study of Scientific Causality!
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That aint ECON.
That is the study of Scientific Causality!
So many things can be learned from one tub full of pee.
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So many things can be learned from one tub full of pee.
Or one multi-year drunken haze in a Frat house....
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So many things can be learned from one tub full of pee.
Yes yes there is. Just staring at it one can see your past, your present, and your future. It is a petri dish of life. A big one.
Or one multi-year drunken haze in a Frat house....
888high58888
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Drinking age was 18 back then. They was legal!
Indeed it was. Through the fog of memory, it seems like such a special time - I was a big kid and drinking in bars when I was 16. Growing up in Connecticut, social life revolved around driving and drinking. My buddy who went to college in Pennsy had to join a fraternity, but in Connecticut you just said hi to Mr. Goldhammer at the package store.
Of course it was all bear whiz; craft beer hadn't been invented yet and the classy stuff was Genny Cream.
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Indeed it was. Through the fog of memory, it seems like such a special time - I was a big kid and drinking in bars when I was 16.
Heh... I was buying beer when I was 12. I was big too, but that wasn't it - Everybody knew I worked at the speed shop in the evenings, kinda the sweep-up kid after school... It was not uncommon to see me tuggin a couple cases of beer in a wagon, the block and and half from the B&B back to the speed shop... Probably a couple times a night...
So by the time I got my license at 14, getting beer was never an issue.
Of course, that meant I had to stay in Miller High Life, and later MGD, to avoid suspicion (that was the house brand at the speed shop), but hey... :shrug:
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Indeed it was. Through the fog of memory, it seems like such a special time -
The liberals were so happy with themselves for passing that law. Well I was too! I didn't know a Lib from a Conservative back then but I sure as hell loved throwing away all my fake ID's . It didn't take too long for the carnage numbers started coming in for them to figure out it might not have been such a great Idea to lower the drinking age afterall!...