Job Growth: Better then expected in October.

[LiberalNut]

Obama did that? What did Obama do that raised unemployment?

 

[iggy pop]

Obama did that? What did Obama do that raised unemployment?

Failed to address the real problems. Utilized the majority of the stimulus money for liberal pork projects. You know, totally fucked up.

 

[boedicca]

Obama sucked the oxygen out of the private sector by redistributing income from it to government expansion. That's just a big bunch of transfer payments, not growth creating investment.

 

[NYcarbineer]

Obama sucked the oxygen out of the private sector by redistributing income from it to government expansion. That's just a big bunch of transfer payments, not growth creating investment.

No he didn't.

 

[JimH52]

OH OH! This could be a problem for the Republicans. They gotta do something to keep those job numbers down!

 

[NYcarbineer]

And Obama has increased U3 to 9.6% and U6 to 17%.

How Hopey Changey!

Obamanomics = Epic Fail, as the voters judged on Nov. 2nd.

Obama did it? How did HE do that? What did he do, exactly and specifically, that had he not done it,

unemployment would still be at 7.7%?

 

[iggy pop]

Obama sucked the oxygen out of the private sector by redistributing income from it to government expansion. That's just a big bunch of transfer payments, not growth creating investment.

Obama blew a golden opportunity. He had more public support than any other president. But he squandered it on lies and deceipt.

 

[iggy pop]

And Obama has increased U3 to 9.6% and U6 to 17%.

How Hopey Changey!

Obamanomics = Epic Fail, as the voters judged on Nov. 2nd.

Obama did it? How did HE do that? What did he do, exactly and specifically, that had he not done it,

unemployment would still be at 7.7%?

I already answered that.

 

[topspin]

Healthcare reform is how he redistributed.

 

[Sarah G]

OH OH! This could be a problem for the Republicans. They gotta do something to keep those job numbers down!

Well, Obama had better get out there and brag about his good numbers before they get the dreaded teaparty spin..

 

[boedicca]

And Obama has increased U3 to 9.6% and U6 to 17%.

How Hopey Changey!

Obamanomics = Epic Fail, as the voters judged on Nov. 2nd.

Obama did it? How did HE do that? What did he do, exactly and specifically, that had he not done it,

unemployment would still be at 7.7%?

He wasted $900B+ of on Stimulus Pork.

He abused the TARP program to bail out GM.

He sign ObamaCare which creates a vast new entitlement the country cannot afford.

He has not extended the Bush Tax cuts for everyone.

He did not do anything to reform Fannie Mae and Freddie Mac.

To name a few things.


(Oh, and there is No Budget right now - very telling.)

 

[iggy pop]

OH OH! This could be a problem for the Republicans. They gotta do something to keep those job numbers down!

Well, Obama had better get out there and brag about his good numbers before they get the dreaded teaparty spin..

The only good numbers obama has are his last cholesterol reading

 

[topspin]

I predicted a stock market boom prior to 11/2. Why? Removal of uncertainty!!!!
Businesses knew a month ago turbo-libs where getting thier ass kicked.
This is just the beginning, the Tea Party should take credit. Obama offered up all the tax cuts 1 day after the trouncing. LOL

 

[8537]

Republicans expected to take credit for it:

There have been over a million private sector jobs added since January. All the Republicans have been doing is fighting tooth and nail against every bill and policy that Democrats have put up.

They deserve absolutely no credit for this. None.

BIG FAT LIE !!!

Jobs Have Been Lost Since January

People fall off the rolls all the time. The unemployment numbers are gamed. The workforce is shrinking. The real story is the percent of the population that is employed & it is in decline as shown in the US Bureau of Labor & Statistics chart below from the Federal Reserve.

You've posted this lie before. The labor force participation rate is not the number of jobs created.

The first time you tried this, I presumed you were simply ignorant. Clearly I was wrong - you simply lie.

 

[iggy pop]

I predicted a stock market boom prior to 11/2. Why? Removal of uncertainty!!!!
Businesses knew a month ago turbo-libs where getting thier ass kicked.
This is just the beginning, the Tea Party should take credit. Obama offered up all the tax cuts 1 day after the trouncing. LOL

Some one finally put the writing on the wall up on his teleprompter

 

[boedicca]

In October:

The adult population INCREASED by 208,000.

The labor force DECREASED by 254,000.

The number of people who are Actually Employeed DECREASED by 330,000.

The number of people who are no longer in the labor force INCREASED by 462,000.

Given population growth, the labor force should increase. What is happening in the Real World is that PEOPLE ARE GIVING UP BECAUSE THE ECONOMY IS NOT CREATING ENOUGH JOBS.

http://www.bls.gov/news.release/empsit.a.htm

 

[rdean]

I get the distinct feeling Republicans want the economy to fail.

Look at all the jobs they helped move to China. Is that part of the evidence? Why do they like China more than the US?

 

[8537]

Obama sucked the oxygen out of the private sector by redistributing income from it to government expansion. That's just a big bunch of transfer payments, not growth creating investment.

Obama cut taxes. In fact, the stimulus bill that Republitarians so roundly condemn included almost 400B in tax cuts.

cuts.

 

[Sallow]

Obama sucked the oxygen out of the private sector by redistributing income from it to government expansion. That's just a big bunch of transfer payments, not growth creating investment.

What a load of unmitigated crap.

Taxes have gone down under President Obama. Down..not up. Down is the opposite of up.

Under Bush, however, the amount of money states recieved back from the Federal government went down. Why? Because government was taking in less revenue overall. That meant states had to make up for the short fall..at least here in NYC..by raising taxes. That's up..not down. Up. We also saw some of the biggest transfers of wealth..from poor and middle class to the wealthy..during the Bush administration..then in all of history.

How? Well in multiple ways. The tax cut being one. The two wars being the other. These wars, especially Iraq, made a commodity, Oil, artificially scare. Oil companies made an absolute KILLING...at the gas pumps. They made more money then all industry in all history combined. And the Government STILL kept the tax breaks meant to encourage exploration from the Clinton era.

Bush gutted needful regulatory enforcers..namely SEC..which led to the financial crisis. Another big transfer of wealth for poor/middle class to rich. TARP being the most notable example. Bernie Maddoff ALONE took 20 billion dollars out of the economy.

 

[iggy pop]

I get the distinct feeling Republicans want the economy to fail.

Look at all the jobs they helped move to China. Is that part of the evidence? Why do they like China more than the US?

The democrats have been in power the last two years so it must have been them.