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Uhm, yes it is. His policies haven't netted one private sector job. Period. And in that respect, he is vastly different from Bush.
It's not a stretch at all. I double checked the number and we need to add roughly 125,000 jobs per month to keep pace with population. This is pretty commonly accepted by anyone not working at Cato or Heritage. As such, any month we add less we have the chance of unemployment going up. This does NOT mean employment is decreasing. It means we are growing. Employment IS increasing. Just not at the pace we need.
WHO THE FUCK CARES! You're point is lost because unless it JUST STARTED when Obama became president every, single fucking, president, in, history, of , the , world, has, had this "problem" too.
It's not as if all these "new people" all of a sudden couldn't start a business. Aww fuck it, nm... Get back to blowing Obama. I mean now its people are having babies! is causing the problem, LOL! More of the population has a collage education than at anytime in the history of the world and now its population growth thats keepin Obama down! Havent we slowed WAY down on makin babbies? Maybe there is something to 18 million illegals being in the US! Lol, this is pathetic.
I have never said otherwise. Of course every President has had this issue. I am merely pointing the fact that we can have job growth and still see the unemployment rate go up. Such that, if you see the rate go up and claim it shows jobs are lost, that's not accurate. And it's not accurate for any president, even Bush, who currently holds the record for worst job growth in the last century.
As for everyone having a "collage" education, maybe that's the problem. There isn't much demand for collages outside of elementary school.
I quite literally have no idea what you're trying to say there.A: People fell of the ass end of Unemployment
Oh. Ok. I see what you're trying to say. And yes, if we counted everyone, including those underemployed and who gave up looking, we would be much higher. I actually read closer to 19%. Of course, for some perspective, that number was never lower than 15% with Bush. (uh oh, I mentioned his name!)[/quote]And, +, Added too...
B: People being hired that month
If we alone stopped kicking people off the charts that "fell off" the countings, UE would be well into the 15%'s.
BTW, why do you keep bringing up Bush? Did I say I liked Bush, that I think he was the man?
I quite literally have no idea what you're trying to say there.A: People fell of the ass end of Unemployment
Oh. Ok. I see what you're trying to say. And yes, if we counted everyone, including those underemployed and who gave up looking, we would be much higher. I actually read closer to 19%. Of course, for some perspective, that number was never lower than 15% with Bush. (uh oh, I mentioned his name!)And, +, Added too...
B: People being hired that month
If we alone stopped kicking people off the charts that "fell off" the countings, UE would be well into the 15%'s.
BTW, why do you keep bringing up Bush? Did I say I liked Bush, that I think he was the man?
But don't get duped into thinking that Thursday's stronger-than-expected ADP private payrolls number, as well as some solid data about the manufacturing sector in the past week, is a sign that the economy is back on solid footing either. It's human nature to try and view the world in black vs. white absolutes. Traders with itchy trigger fingers make it worse by jumping on every report (no matter how consequential) as if it's a sign that the economy is either deteriorating or rebounding. Sadly, people in my profession also don't help matters by fanning the flames with sensationalistic headlines about the economy and markets.
A 100-point drop in the Dow is often treated like it's a natural disaster or apocalyptic event. The adjectives and verbs we use can be overly dramatic. Guilty as charged. The financial media needs to do a better job of telling it as it is without hyperbole. I'll start now. Here's the simple truth. The economy is not going to Hades in a hand basket. But it's also not going to head back to pre-Great Recession gangbusters growth anytime soon. The ADP numbers are undeniably a good sign. It's encouraging that 157,000 jobs were added in June following 36,000 in May. It's also nice to see that jobless claims ticked lower.
However, job growth of 157,000 in the private sector is still not robust. We need employers to add even more jobs (probably in excess of 250,000 a month for several months) in order to make a big dent in the chronically high unemployment rate. What's more, initial jobless claims were still 418,000 last week. That number needs to get below 400,000 and stay there. Until then, it's premature to declare that there is a sustainable turnaround in the labor market. Madeline Schnapp, director of macroeconomic research at TrimTabs, a research firm in Sausalito, Calif., described what's going on as the "hamster wheel economy." We're running faster and faster but still going nowhere.
Schnapp pointed out that consumers need to be making more money as well. More jobs are not sufficient to get the economy moving again. "The economy is finally creating jobs, but net of inflation, income growth is barely positive," she wrote in a report this week. "Subtract government stimulus, and income growth is actually negative." I realize that nobody, especially Mr. and Mrs. Market, likes the color gray. Yet that's the best way to describe this economy. The excessive optimism at the start of 2011 was misguided. So was the excessive pessimism this spring after oil prices shot up and the world dealt with the aftermath of the Japan earthquake.
MORE
The June and July payroll reports are likely to show the Republicans at work, ending all spending by customers in any person's stores. State and Local government payrolls are in decline, where the elected Republicans are located.
The union-busting part even makes the news.
The Socialist victories in the private sector, Keep On Mounting: Thanks To Obama-Biden: Who even had the good sense to get rid of their starting, economic team!
"Crow: James Crow: Shaken, Not Stirred!:
"Lands of Many nations know that lack of any spending drove down life expectancy to only 50 years, in recent times. All around others made gains. Now Lands of Many Nations gain in spending, and are prosperous! All around others made too many gains, and are now obese. Now the Many Others likely to go blind--really bigtime--from the diabetes epidemic yet to happen!)
So what became of the on-going Stimulus program after all? In the private sector, 18 months of steady job gains! Those are all Democratic Party created gains. The Republicans virtually universally said, "No!" to any further job gains!
ADP Employment Report
The Party of Abraham Lincoln even famously, took away Santa Clause, the Schedule M in the U. S. Internal Revenue Code. That was the "Make Work Pay," refundable tax credit.
The Republican Party was created at about the same time as Simon Legree: And it shows. Their newly elected, Party of Herbert Hoover state and local people: Are taking even new state and local government jobs away!
"Crow, James Crow: Shaken, Not Stirred!"
(Party of Lincoln Treat Santa Clause to A Liberian Movement kind of status!)
you should read the actual reports instead of basing your post on the summary.
BTW, you are severly misleading by saying 'steady jobs gains', when your own source called it simply 'employment gains'. Steady certainly does not apply if you read the actual report.
EDIT: also, the press release specifies that the '18 months of empolyment gains' was for the service-providing sector only...
...not overall employment.employment in the service-providing sector rose by 130,000 in June, nearly three times faster than in May, marking 18 consecutive months of employment gains.
and this was different from the Bush era in what way?
I guess it is not Obama's economy after all?
Again, this could be due to an increase in the population. I believe we need to add 150,000 a month just to break even with population growth. So if we are adding 50,000 only, then the unemployment rate would go up, but, it would not be accurate to say we are losing jobs.
Well, maybe.. I think that's a stretch though. Anyhoo... jobs creation has to out pace population growth as well. The bottom line here, the economy is NOT creating employment, rather employment is decreasing.
It's not a stretch at all. I double checked the number and we need to add roughly 125,000 jobs per month to keep pace with population. This is pretty commonly accepted by anyone not working at Cato or Heritage. As such, any month we add less we have the chance of unemployment going up. This does NOT mean employment is decreasing. It means we are growing. Employment IS increasing. Just not at the pace we need.
It depends of your definition of job increase. Is a job saved equal a job gain. Much of the stimulus package went to states and local communities that used the funds to avert layoffs.Source? I do not believe there have been 18 months of job increases. Obamaturd is a failure and your are delusional.So what became of the on-going Stimulus program after all? In the private sector, 18 months of steady job gains! Those are all Democratic Party created gains. The Republicans virtually universally said, "No!" to any further job gains!
ADP Employment Report
The Party of Abraham Lincoln even famously, took away Santa Clause, the Schedule M in the U. S. Internal Revenue Code. That was the "Make Work Pay," refundable tax credit.
The Republican Party was created at about the same time as Simon Legree: And it shows. Their newly elected, Party of Herbert Hoover state and local people: Are taking even new state and local government jobs away!
"Crow, James Crow: Shaken, Not Stirred!"
(Party of Lincoln Treat Santa Clause to A Liberian Movement kind of status!)
adp's number are USUALLY within 10-15% accurate, so we have basically employed everyone whom grew age to work last month, better than nothing......but....
So what became of the on-going Stimulus program after all? In the private sector, 18 months of steady job gains! Those are all Democratic Party created gains. The Republicans virtually universally said, "No!" to any further job gains!
ADP Employment Report
The Party of Abraham Lincoln even famously, took away Santa Clause, the Schedule M in the U. S. Internal Revenue Code. That was the "Make Work Pay," refundable tax credit.
The Republican Party was created at about the same time as Simon Legree: And it shows. Their newly elected, Party of Herbert Hoover state and local people: Are taking even new state and local government jobs away!
"Crow, James Crow: Shaken, Not Stirred!"
(Party of Lincoln Treat Santa Clause to A Liberian Movement kind of status!)
18 months of job gains is bad news for the GOP.
They are doing their best to ruin the economy.
They must be stopped.
http://www.adpemploymentreport.com/pdf/FINAL_Report_June_11.pdf
heres the report itself.
Look at chart 4.
The economy has added jobs nearly since the day Obama took office.
Obama has had a possitive effect on the economy.
You can claim its not GOOD ENOUGH of a possitive effect if you wish but claiming Obama has NOT had a possitive effect on the economy is a FLAT OUT BOLD FACED LIE!
All the indicators show his admin has had a possitive effect.
Every time a con claims its been a negative effect they are lying.
STOP LYING to tryi and distroy our economy.
Consumer confidence is holding the economy back and every time a Con LIES and claims Obama is harming the economy they put party over country.
There is no way arround the facts.
STOP LYING and think of your country for one damned minute
...sheeeesh
Just about the level you can manage huh?
Stop lying about the recovery and for one damned time in your life place country over party
Just about the level you can manage huh?
Stop lying about the recovery and for one damned time in your life place country over party
You call 9.2% Unemployment.... A RECOVERY..??
you all can't set the bar much lower, can ya.
