Actual Obama Accomplishment

[thereisnospoon]

Because the damage was so bad. al Qaeda attacked American symbols. Republicans have attacked the economic foundation of the country. The ramifications are much broader. The damage many thousands of times greater. The cost enormous.

And the cost of all this sharply increased under Obama?

True, because of what Republicans put in place. Just the cost of the tens of thousands of young Americans maimed in Iraq will cost trillions. What do you think is the cost of taking care of a paraplegic or a quadriplegic over a lifetime from 25 years of age?

And remember, Bush and the Republicans hid the cost of both wars from the American people, the slimes. Because Obama added the true cost to his budget suddenly it was him that spent the money? That's both retarded and insane. Republicans left Obama holding the bag and now they blame the victim. Typical.

Stop posting.. You have no facts. Just your excuses for Obama's ineptitude

 

[CrusaderFrank]

He made 1,000,000 workers disappear. No one has ever managed to do that before in history.

Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers.

In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren't working, and they aren't looking — according to data from Labor's Bureau of Labor Statistics. In the past two months, the labor force shrank by 170,000.

This is virtually unprecedented in past economic recoveries, at least since the BLS has kept detailed records. In the past nine recoveries, the labor force had climbed an average 3.5 million by this point, according to an IBD analysis of the BLS data.

"Given weak job prospects, many would-be workers dropped out of (or never entered) the labor force," noted Heidi Shierholz of the Economic Policy Institute in her analysis of the BLS jobs report issued last Friday. "That reduces the measured unemployment rate but does not represent real improvement."

Unprecedented, Tepid Recovery Under Obama Begs Question: Where Did All The Workers Go? - Investors.com

First ever credit downgrade too, and he tells us he needs one more term to "finish the job". What do you suppose he means by that?

 

[The T]

He made 1,000,000 workers disappear. No one has ever managed to do that before in history.

Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers.

In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren't working, and they aren't looking — according to data from Labor's Bureau of Labor Statistics. In the past two months, the labor force shrank by 170,000.

This is virtually unprecedented in past economic recoveries, at least since the BLS has kept detailed records. In the past nine recoveries, the labor force had climbed an average 3.5 million by this point, according to an IBD analysis of the BLS data.

"Given weak job prospects, many would-be workers dropped out of (or never entered) the labor force," noted Heidi Shierholz of the Economic Policy Institute in her analysis of the BLS jobs report issued last Friday. "That reduces the measured unemployment rate but does not represent real improvement."

Unprecedented, Tepid Recovery Under Obama Begs Question: Where Did All The Workers Go? - Investors.com

First ever credit downgrade too, and he tells us he needs one more term to "finish the job". What do you suppose he means by that?

Another downgrade as he's begging for another 1.2 T$ in ceiling?

 

[The T]

Shut it down.

 

[Quantum Windbag]

Funny how everyone is trying to blam Bush for the defict when the thread is about people who gave up on looking for work under Obama.

As long as Obama continues his class warfare rhetoric as he destroys the private sector? They will stop looking until he is removed from office.

Socialist T, what's up?

22 straight months of private sector job growth is not destroying the private sector.

I guess you missed it in your thread where I proved that was not true. Either that, or you just repeat llies because you never let facts deter you.

Come to think if it, that explains why you post that lying Reagan-Bush det chart every time anyone says anything about Obama.

 

[Quantum Windbag]

He made 1,000,000 workers disappear. No one has ever managed to do that before in history.



Unprecedented, Tepid Recovery Under Obama Begs Question: Where Did All The Workers Go? - Investors.com

This is the only reason that the White House can claim the unemployment rate has gone down. The unemployment rate is expressed as a percentage of the work force. The workforce consists of all employed civilian workers, all military and government employees and all those actively looking for work. When people quit looking, they leave the work force number and unemployment appears to have been reduced. Obama takes credit for reducing unemployment! Typical liberal bullshit! Just like Bill Clinton's alleged surplus...typical liberal bullshit!

It was a surplus. You obviously know nothing of economics...

I might not know economics, but I know that borrowing money to make it look like you have a surplus is an accounting gimmick.

 

[Quantum Windbag]

Again, it is not the BLS that is thickheaded, it is your source IBD that is DISHONEST.

The BLS does give the unemployment rate that includes discouraged workers, it is the U-4 rate. The BLS U-4 rate for December is 9.1% seasonally adjusted and 8.8% unadjusted, which I have already posted earlier in this thread. IBD dishonestly fabricated a U-4 rate of 11% by counting retirees as discouraged workers. IBD are a bunch of CON$ervative liars.

From your IBD link in your OP:
According to the BLS, the "labor force participation rate" — the ratio of the number of people either working or looking for work compared with the entire working-age population — is now 64%, down from 65.7% when the recession ended in June 2009. That's the lowest level since women began entering the workforce in far greater numbers several decades ago.
If you adjust for this drop, the unemployment rate would be close to 11%, instead of the official 8.5%.

Like I said, post the numbers. So far all you have done is claim that one set of numbers that has nothing to do with discouraged workers is down, not sure how that actually proves IBD is lying, even if it is true, but you insist it does.

I've already posted the current U-4 numbers twice. You and IBD are just too dishonest to admit the truth.

Table A-15. Alternative measures of labor underutilization

U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate)

U-4 Total unemployed plus discouraged workers, as a percent of the civilian labor force

Where does that say that there are not 1,000,000 workers who are no longer part of the workforce? I can see that the percentage of workers who are both unemployed and discouraged is smaller, but it does not specifically give a count of their numbers, which is what the OP claimed.

Since you have a problem with simple English I will rephrase what I said, post numbers, not statistics.

 

[edthecynic]

Like I said, post the numbers. So far all you have done is claim that one set of numbers that has nothing to do with discouraged workers is down, not sure how that actually proves IBD is lying, even if it is true, but you insist it does.

I've already posted the current U-4 numbers twice. You and IBD are just too dishonest to admit the truth.

Table A-15. Alternative measures of labor underutilization

U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate)

U-4 Total unemployed plus discouraged workers, as a percent of the civilian labor force

Where does that say that there are not 1,000,000 workers who are no longer part of the workforce? I can see that the percentage of workers who are both unemployed and discouraged is smaller, but it does not specifically give a count of their numbers, which is what the OP claimed.

Since you have a problem with simple English I will rephrase what I said, post numbers, not statistics.

The OP claims that every one of those 1 million workers is a discouraged worker and that not one single worker retired during that period, which is MORONIC beyond description. The burdon is on YOU and IBD to prove that not one worker has retired since 2009.

 

[Quantum Windbag]

I've already posted the current U-4 numbers twice. You and IBD are just too dishonest to admit the truth.

Table A-15. Alternative measures of labor underutilization

U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate)

U-4 Total unemployed plus discouraged workers, as a percent of the civilian labor force

Where does that say that there are not 1,000,000 workers who are no longer part of the workforce? I can see that the percentage of workers who are both unemployed and discouraged is smaller, but it does not specifically give a count of their numbers, which is what the OP claimed.

Since you have a problem with simple English I will rephrase what I said, post numbers, not statistics.

The OP claims that every one of those 1 million workers is a discouraged worker and that not one single worker retired during that period, which is MORONIC beyond description. The burdon is on YOU and IBD to prove that not one worker has retired since 2009.

Like I said, feel free to post something that proves they got it wrong, or that most of those workers actually retired and that IBD is counting it wrong.

 

[hortysir]

The OP claims that every one of those 1 million workers is a discouraged worker and that not one single worker retired during that period, which is MORONIC beyond description. The burdon is on YOU and IBD to prove that not one worker has retired since 2009.

Where does it say that?

1 million people have dropped out of the labor force — they aren't working, and they aren't looking — according to data from Labor's Bureau of Labor Statistics.

 

[edthecynic]

Where does that say that there are not 1,000,000 workers who are no longer part of the workforce? I can see that the percentage of workers who are both unemployed and discouraged is smaller, but it does not specifically give a count of their numbers, which is what the OP claimed.

Since you have a problem with simple English I will rephrase what I said, post numbers, not statistics.

The OP claims that every one of those 1 million workers is a discouraged worker and that not one single worker retired during that period, which is MORONIC beyond description. The burdon is on YOU and IBD to prove that not one worker has retired since 2009.

Like I said, feel free to post something that proves they got it wrong, or that most of those workers actually retired and that IBD is counting it wrong.

Like I said, CON$ will never admit the truth no matter how stupid they have to pretend to be. IBD ASSumes that every worker who left the workforce is a discouraged worker. Only the most stupid people on Earth are gullible enough to swallow that crap. Not only does it ASSume that no one retired, it ASSumes that no one left the workforce because they died, or got sick, or got injured, or left work to take care of a family member who got sick or injured. The IBD ASSumption is so moronic that only a CON$ervative could be stupid enough to swallow it!

 

[edthecynic]

The OP claims that every one of those 1 million workers is a discouraged worker and that not one single worker retired during that period, which is MORONIC beyond description. The burdon is on YOU and IBD to prove that not one worker has retired since 2009.

Where does it say that?

1 million people have dropped out of the labor force — they aren't working, and they aren't looking — according to data from Labor's Bureau of Labor Statistics.

Retired people aren't working and they aren't looking for work.
Dead people aren't working and they aren't looking for work.
Sick people aren't working and they aren't looking for work.
Injured people aren't working and they aren't looking for work.
People who have gone back to school aren't working and they aren't looking for work.
People who are caring for a sick, injured or elderly member of their family aren't working and they aren't looking for work.

It's up to IBD to prove that everyone who leaves the workforce leaves for being discouraged only!!!

 

[Quantum Windbag]

The OP claims that every one of those 1 million workers is a discouraged worker and that not one single worker retired during that period, which is MORONIC beyond description. The burdon is on YOU and IBD to prove that not one worker has retired since 2009.

Like I said, feel free to post something that proves they got it wrong, or that most of those workers actually retired and that IBD is counting it wrong.

Like I said, CON$ will never admit the truth no matter how stupid they have to pretend to be. IBD ASSumes that every worker who left the workforce is a discouraged worker. Only the most stupid people on Earth are gullible enough to swallow that crap. Not only does it ASSume that no one retired, it ASSumes that no one left the workforce because they died, or got sick, or got injured, or left work to take care of a family member who got sick or injured. The IBD ASSumption is so moronic that only a CON$ervative could be stupid enough to swallow it!

You assume it assumes that. Like I said, post some numbers to back your position up, they are all there on bls.gov.

 

[KSoze]

I'm not exactly a fan of Obama but laying the blame on him for all of those job losses is a bit of a stretch. It's more involved than that. This country has been headed towards this point for awhile.

 

[CrusaderFrank]

Obamacare is the problem

 

[NYcarbineer]

He made 1,000,000 workers disappear. No one has ever managed to do that before in history.

Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers.

In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren't working, and they aren't looking — according to data from Labor's Bureau of Labor Statistics. In the past two months, the labor force shrank by 170,000.

This is virtually unprecedented in past economic recoveries, at least since the BLS has kept detailed records. In the past nine recoveries, the labor force had climbed an average 3.5 million by this point, according to an IBD analysis of the BLS data.

"Given weak job prospects, many would-be workers dropped out of (or never entered) the labor force," noted Heidi Shierholz of the Economic Policy Institute in her analysis of the BLS jobs report issued last Friday. "That reduces the measured unemployment rate but does not represent real improvement."

Unprecedented, Tepid Recovery Under Obama Begs Question: Where Did All The Workers Go? - Investors.com

He continues to openly destroy the private sector and bolster the Government and the reliance upon it he favours with redistribution of wealth.

There is NO improvement...but cooking the books to make it look like unemployment is going down as jobs cease to exist.

280,000 government jobs were lost in 2011.

Despite that, 1.6 million jobs were created in 2011. That's the best number since 2006.

 

[bripat9643]

The government has it figured out. It's the dishonest Investors Business Daily who pretend to be too stupid to know the difference between a retiree and a discouraged worker.

A lot of people who might normally continue working are retiring because they can't find a job.

 

[Quantum Windbag]

He made 1,000,000 workers disappear. No one has ever managed to do that before in history.



Unprecedented, Tepid Recovery Under Obama Begs Question: Where Did All The Workers Go? - Investors.com

He continues to openly destroy the private sector and bolster the Government and the reliance upon it he favours with redistribution of wealth.

There is NO improvement...but cooking the books to make it look like unemployment is going down as jobs cease to exist.

280,000 government jobs were lost in 2011.

Despite that, 1.6 million jobs were created in 2011. That's the best number since 2006.

If those two stats you just posted are actually linked I would postulate thay the first is actually the cause of the second, not a limiting factor.

 

[edthecynic]

Like I said, feel free to post something that proves they got it wrong, or that most of those workers actually retired and that IBD is counting it wrong.

Like I said, CON$ will never admit the truth no matter how stupid they have to pretend to be. IBD ASSumes that every worker who left the workforce is a discouraged worker. Only the most stupid people on Earth are gullible enough to swallow that crap. Not only does it ASSume that no one retired, it ASSumes that no one left the workforce because they died, or got sick, or got injured, or left work to take care of a family member who got sick or injured. The IBD ASSumption is so moronic that only a CON$ervative could be stupid enough to swallow it!

You assume it assumes that. Like I said, post some numbers to back your position up, they are all there on bls.gov.

Like I said, CON$ will NEVER admit the truth.

I already posted the U-4 rate 3 times, which is 8.8 to 9.1% and the dishonest IBD came up with 11%. Obviously IBD dishonestly used a LARGER number for discouraged workers. The burden of proof is on you and IBD to prove that every worker who left the workforce left because they were discouraged, and not because they died, retired, moved, got sick or injured, went back to school, etc.

 

[edthecynic]

The government has it figured out. It's the dishonest Investors Business Daily who pretend to be too stupid to know the difference between a retiree and a discouraged worker.

A lot of people who might normally continue working are retiring because they can't find a job.

Well, that settles it then, everyone knows CON$ are the world's greatest mind-readers and know everyone's intentions.