9.8 ...Unemployment

[Ozmar]

meanwhile Germany's unemployment rate in June 2009 was 7.7%, last month?

wait for it...

I said wait for it damn it!!!



6.6%.

Did they kick some muslims out or something?

 

[Cuyo]

meanwhile Germany's unemployment rate in June 2009 was 7.7%, last month?

wait for it...

I said wait for it damn it!!!



6.6%.

But wait, that's impossible. Germany must be doing worse than us... Because as far as you guys are concerned, they're... They're suh suh suh.....

SOCIALIST!

Everyone knows the only answer to the problem is to govern to the right of where we're now governing!...

The top tax rate in Germany is 45%....

Corporate tax rate 15%...

They have a VAT that provides 31.5% of their national tax income...

They have a progressive death tax (up to 100%!)...

Everyone knows all these things just KILL the economy, so surely Germany's unemployment rate is at 1000% or worse! You MUST be mistaken! [/SARCASM]

 

[Toro]

meanwhile Germany's unemployment rate in June 2009 was 7.7%, last month?

wait for it...

I said wait for it damn it!!!



6.6%.

So the lesson is that we should have ...





... more socialism?

 

[Douger]

Their excuse? We are at the Winter of the Summer Of Recovery...Republicans WON the House.

Prepare yourself for an Iran invasion. You WON
Idiots

 

[Luissa]

My opinion on unemployment, is it much higher in reality and has been for some time. What about the people who are not in the system?

 

[Toro]

meanwhile Germany's unemployment rate in June 2009 was 7.7%, last month?

wait for it...

I said wait for it damn it!!!



6.6%.

But wait, that's impossible. Germany must be doing worse than us... Because as far as you guys are concerned, they're... They're suh suh suh.....

SOCIALIST!

Everyone knows the only answer to the problem is to govern to the right of where we're now governing!...

The top tax rate in Germany is 45%....

Corporate tax rate 15%...

They have a VAT that provides 31.5% of their national tax income...

They have a progressive death tax (up to 100%!)...

Everyone knows all these things just KILL the economy, so surely Germany's unemployment rate is at 1000% or worse! You MUST be mistaken! [/SARCASM]

I had a conversation with a guy far more successful than me who had done very well investing in France. I asked him why he didn't invest in Germany as well. He responded "Germany is a socialist state." I know guys who have done very well investing in Germany also, but the answer took me aback given that I always thought of France as worse than Germany.

 

[Cuyo]

meanwhile Germany's unemployment rate in June 2009 was 7.7%, last month?

wait for it...

I said wait for it damn it!!!



6.6%.

But wait, that's impossible. Germany must be doing worse than us... Because as far as you guys are concerned, they're... They're suh suh suh.....

SOCIALIST!

Everyone knows the only answer to the problem is to govern to the right of where we're now governing!...

The top tax rate in Germany is 45%....

Corporate tax rate 15%...

They have a VAT that provides 31.5% of their national tax income...

They have a progressive death tax (up to 100%!)...

Everyone knows all these things just KILL the economy, so surely Germany's unemployment rate is at 1000% or worse! You MUST be mistaken! [/SARCASM]

I had a conversation with a guy far more successful than me who had done very well investing in France. I asked him why he didn't invest in Germany as well. He responded "Germany is a socialist state." I know guys who have done very well investing in Germany also, but the answer took me aback given that I always thought of France as worse than Germany.

I'm still waiting for someone to proclaim which country is less what we're branding as "Socialist" than we are, but that's also doing a better job than Obama or the U.S. in general...

As far as governing to the right of where we are... I don't think it exists in the first world.

 

[editec]

If course none of you Randians here find it of interest that GERMANY which is, according to your definition of the word, much more SOCIALISTIC than the USA is doing better than we are.

Why is that?

 

[Douger]

My opinion on unemployment, is it much higher in reality and has been for some time. What about the people who are not in the system?

Don't question the system. The little people don't count.

 

[The T]

Their excuse? We are at the Winter of the Summer Of Recovery...Republicans WON the House.

How will the GOP's Summer of Recovery look if Bank of America goes the way of Enron by Memorial Day?

"In an October 2009 interview with Computerworld, Mr. Assange said that he had obtained copious amounts of data from a Bank of America executive’s hard drive.

"From the Computerworld piece:

“'At the moment, for example, we are sitting on 5GB from Bank of America, one of the executive’s hard drives,” he said.

“'Now how do we present that? It’s a difficult problem. We could just dump it all into one giant Zip file, but we know for a fact that has limited impact. To have impact, it needs to be easy for people to dive in and search it and get something out of it.'”

Wiki's Summer Storm?

Here we go with the wealth Envy crap again. 'Scuse me? But wasn't it Democrats (VP Joe Bite Me) that proclaimed "Summer Of Recovery"?

People are sitting on money because of the horsecrap this administration has been dishing out for the past 2 years and I don't blame them for sitting on it.

Why would anyone invest in anything right now knowing over half of it will be taken from them and spent on Socialist folly?

There has been nothing but attack after attack on American business and capitalism while this Government spends us further into the hole a-la EU and other despot nations.

Americans are waiting to see what the new GOP House is going to do. Watchword here is cautious optimism for even the GOP is on double secret probation in the eyes of the people that sent them.

 

[code1211]

Old news is old. Still funny though. Obama is a flop.

I beg your most humble pardon! He'll (obie wan) will have you to know that the country is still headed in the "right direction."

Right! And if you want to continue in that direction, put the car in "D".

 

[code1211]

If they gave this man the Nobel prize for doing nothing really.Can you imagine what he's gonna get for running up a debt into the trillions and having absolutely nothing to show for it.Unemployment for arguments sake is really into double digits,The housing market a shambles,Iran same old same old.North Korea and South Korea coming to blows.

I could go on but what's the point the Left think this guy is doing an outstanding job as well as the media.

Those Nobel guys are geniuses! They gave him the prize for doing nothing.

In view of what his actions have produced, doing nothing is preferred.

 

[code1211]

So, with employment increasing, let's cut a bunch of people one unemployment loose. And make sure that nothing gets done in the way of projects that might repair our badly worn out infrastructure. The Republican plan seems to be to destroy anything that President Obama proposes, no matter what the cost to the nation. And if we have a nation left, give what is left to their very wealthy benefactors.

How much "cost to the nation" must we endure under this boob until you can see that everything he has done, has planned and has changed has benn an unmitigated failure and a detriment to our country, our future and our economy?

What the Big 0 has accomplished, Kruschev only dreamed.

 

[code1211]

Actually we are over $15 trillion

U.S. National Debt Clock : Real Time

Add the debt and def together and it's $15.1 + Trillion

Check that link and then try to wonder why more people don't want to shrink government.

Shrinking government would mean less tax collections, would mean more National debt. We can either hire more government workers, or give everybody a massive tax cut.

yea!!!!! more workers more workers more workers....because we all know gov. workers generate revenue and create wealth....

Okay. Now I'm confused. I thought unemployment checks created revenue and wealth and were good for the economy.

Which is it? Government workers or unemployment checks? How can I figure this out?

 

[code1211]

It's on the list of things to do folks......But first we have to look into Don't ask don't tell.Then we need to make sure all the illegals who crossed over with the kiddies in tow or had them later on are granted amnesty then are given a fully paid college education thanks to Uncle Sam or the taxpayers take your pick.Then we need to make sure Americans are eating correctly.Then at some point this administration will get around to looking into letting companies know what there energy costs and health care costs and taxes will be for the next year so these companies can plan.

This administration could do what's needed to get people working but they would rather just dick around and do other things instead.

Any specifics on what this admin could do to get people working?
Aside from the mythological tax cuts and deregulation.

I do agree that this admin AND the congress (both sides) have sat on their butts about the jobs issue though.

One of the many points of this is that the Government, under the direction of Nancy Pelosi and Harry Reid with the consent of the Big 0 have squandered our treasure on wasted boodoggles that they sold as stimulus but which were in fact theft of our treasure.

How can you tell? They spent a Trillion dollars on it and it had a negative effect. If the Failed Stimulus was just the Stimulus, we would have a robust economy, shrinking unemployment and burgeoning tax revenues. We have none of these things.

The only people in the world who don't think this crowd is a gang of jokers with no intelligence is the Media and the Washington elite.

 

[code1211]

Shrinking government would mean less tax collections, would mean more National debt. We can either hire more government workers, or give everybody a massive tax cut.

yea!!!!! more workers more workers more workers....because we all know gov. workers generate revenue and create wealth....

Yes they do, they buy things with their salary just like private industry workers.

How much do we hand out in unimployment beneifts? When that ends the econonomy will take a hit equal to that amount in consumer spending..

How much does the health care industry make annually off of medicare and medicaid?
Umm virtually the same amount we spend on those programs. Lots of medical workers would be liad off if we closed those programs.

The FACT is for every dollar spent on social programs aroungd 90% rolls immediately back into the pockets of US businesses.

Military spending does not roll nearly as high of a percentage back into the US economy though.

Thank you, Speaker Pelosi. I didn't know that you were a part of our little group. I'm honored.

 

[georgephillip]

Their excuse? We are at the Winter of the Summer Of Recovery...Republicans WON the House.

How will the GOP's Summer of Recovery look if Bank of America goes the way of Enron by Memorial Day?

"In an October 2009 interview with Computerworld, Mr. Assange said that he had obtained copious amounts of data from a Bank of America executive’s hard drive.

"From the Computerworld piece:

“'At the moment, for example, we are sitting on 5GB from Bank of America, one of the executive’s hard drives,” he said.

“'Now how do we present that? It’s a difficult problem. We could just dump it all into one giant Zip file, but we know for a fact that has limited impact. To have impact, it needs to be easy for people to dive in and search it and get something out of it.'”

Wiki's Summer Storm?

Here we go with the wealth Envy crap again. 'Scuse me? But wasn't it Democrats (VP Joe Bite Me) that proclaimed "Summer Of Recovery"?

People are sitting on money because of the horsecrap this administration has been dishing out for the past 2 years and I don't blame them for sitting on it.

Why would anyone invest in anything right now knowing over half of it will be taken from them and spent on Socialist folly?

There has been nothing but attack after attack on American business and capitalism while this Government spends us further into the hole a-la EU and other despot nations.

Americans are waiting to see what the new GOP House is going to do. Watchword here is cautious optimism for even the GOP is on double secret probation in the eyes of the people that sent them.

T:

When Enron fell were you blogging?
Did you use the words "wealth envy" at that time.
Did you side with Kenneth Lay in that matter?

According to the NYT Wikileaks is sitting on about 600,000 pages of data on a major US bank.(probably B of A)

"What could be in the data he’s uncovered?

"Whether the firm is Bank of America or not, as long as it’s a major United States institution, chances are that it will involve the foreclosure fracas of earlier this year.

"Or it could involve the 'putback' controversy over mortgage-backed securities.

"Or it could involve dealings with the federal government regarding the financial bailout.

If a major US bank goes the way of Enron next spring, do you think Wall Street will use the false dichotomy of Republican versus Democrat to steal even more of your money?

Will all those incoming GOP millionaires among this years freshman class side with you or Joe Biden in this battle of the class war?

WikiLeaks' Next Target

 

[NYcarbineer]

Sheez ... that's what 4 years of Democrats controlling the purse strings gets you...

Well that and over 14 trillion in national debt..

---------------------------

In a potentially serious setback for the U.S. economy, hiring unexpectedly stalled in November while the nation's unemployment rate jumped to 9.8%, reversing a pattern of slow but steady improvement in the prospects for American workers.

The grim report released Friday by the Labor Department flew in the face of strong job growth in October and a slew of largely positive economic indicators in recent days. And it called into question the belief of most economists that the recovery from the worst recession in a generation was gaining momentum.

Unemployment, jobs: U.S. unemployment jumps to 9.8% as hiring stalls - latimes.com

Just for the record,

show how spending less would have brought down the unemployment number. I'm trying to figure out how people like you think.

 

[NYcarbineer]

Their excuse? We are at the Winter of the Summer Of Recovery...Republicans WON the House.

How will the GOP's Summer of Recovery look if Bank of America goes the way of Enron by Memorial Day?

"In an October 2009 interview with Computerworld, Mr. Assange said that he had obtained copious amounts of data from a Bank of America executive’s hard drive.

"From the Computerworld piece:

“'At the moment, for example, we are sitting on 5GB from Bank of America, one of the executive’s hard drives,” he said.

“'Now how do we present that? It’s a difficult problem. We could just dump it all into one giant Zip file, but we know for a fact that has limited impact. To have impact, it needs to be easy for people to dive in and search it and get something out of it.'”

Wiki's Summer Storm?

Here we go with the wealth Envy crap again. 'Scuse me? But wasn't it Democrats (VP Joe Bite Me) that proclaimed "Summer Of Recovery"?

People are sitting on money because of the horsecrap this administration has been dishing out for the past 2 years and I don't blame them for sitting on it.

Why would anyone invest in anything right now knowing over half of it will be taken from them and spent on Socialist folly?

There has been nothing but attack after attack on American business and capitalism while this Government spends us further into the hole a-la EU and other despot nations.

Americans are waiting to see what the new GOP House is going to do. Watchword here is cautious optimism for even the GOP is on double secret probation in the eyes of the people that sent them.

The economy has recovered. There are no jobs because thanks to you free traders, we have an economy that doesn't require mass amounts of labor to run, and expand.

 

[Meister]

Sheez ... that's what 4 years of Democrats controlling the purse strings gets you...

Well that and over 14 trillion in national debt..

---------------------------

In a potentially serious setback for the U.S. economy, hiring unexpectedly stalled in November while the nation's unemployment rate jumped to 9.8%, reversing a pattern of slow but steady improvement in the prospects for American workers.

The grim report released Friday by the Labor Department flew in the face of strong job growth in October and a slew of largely positive economic indicators in recent days. And it called into question the belief of most economists that the recovery from the worst recession in a generation was gaining momentum.

Unemployment, jobs: U.S. unemployment jumps to 9.8% as hiring stalls - latimes.com

Just for the record,

show how spending less would have brought down the unemployment number. I'm trying to figure out how people like you think.

The spending and the debt which was left in it's wake has helped considerably with the high unemployment. I trying to figure out how you think?