Obama gets UR down to 5.6 in 2 yrs Romney wanted four years to get to 5.9

[NotfooledbyW]

Thank god Romney didnt get to put his slow jobs policy in place.

.
U.S. Adds 252,000 Jobs In December; Unemployment Rate Declines To 5.6%

AP/HuffPost Posted: 01/09/15 08:31 AM ET Updated: 3 hours ago
The U.S. economy added 252,000 jobs in December, as the unemployment rate fell to 5.6 percent, the Bureau of Labor Statistics reported Friday.

U.S. Adds 252 000 Jobs In December Unemployment Rate Declines To 5.6

.
“I can tell you that over a period of four years, by virtue of the policies that we’d put in place, we’d get the unemployment rate down to 6 percent, and perhaps a little lower,” Romney says in aTime magazine interview.

Romney vows to lower unemployment rate to 6 percent by end of first term TheHill

When Romney was projecting in 2011 that he would get the unemployment rate down to 6% by 2016 the CBO was projecting the UR to be at 5.3% with Obama's policies in place by then. You'd have to be a fool to vote for Romney after he said that. He must not have known what the CBO was projecting for 2016. Since he was talking out of his behind anyway Romney should have promised to get to 5% by 2016 if he thought he could do better than Obama.

So it is getting impossible for Republicans to claim and be believed that Obama's has a failed policy on unemployment and the economy,

Their guy in 2008 was proposing a failed jobs policy as a campaign pledge.

 

[deltex1]

Try six years, Foo.

 

[deltex1]

And look at the number of peeps not working...dropped out.

 

[PredFan]

Thank god Romney didnt get to put his slow jobs policy in place.

.
U.S. Adds 252,000 Jobs In December; Unemployment Rate Declines To 5.6%

AP/HuffPost Posted: 01/09/15 08:31 AM ET Updated: 3 hours ago
The U.S. economy added 252,000 jobs in December, as the unemployment rate fell to 5.6 percent, the Bureau of Labor Statistics reported Friday.

U.S. Adds 252 000 Jobs In December Unemployment Rate Declines To 5.6

.
“I can tell you that over a period of four years, by virtue of the policies that we’d put in place, we’d get the unemployment rate down to 6 percent, and perhaps a little lower,” Romney says in aTime magazine interview.

Romney vows to lower unemployment rate to 6 percent by end of first term TheHill

When Romney was projecting in 2011 that he would get the unemployment rate down to 6% by 2016 the CBO was projecting the UR to be at 5.3% with Obama's policies in place by then. You'd have to be a fool to vote for Romney after he said that. He must not have known what the CBO was projecting for 2016. Since he was talking out of his behind anyway Romney should have promised to get to 5% by 2016 if he thought he could do better than Obama.

So it is getting impossible for Republicans to claim and be believed that Obama's has a failed policy on unemployment and the economy,

Their guy in 2008 was proposing a failed jobs policy as a campaign pledge.

Not fooled by W is apparently very easily fooled by Obama.

 

[NotfooledbyW]

Pred 10509021

Not fooled by W is apparently very easily fooled by Obama.

Kosh 10508622

And you just ousted yourself as a far left drone..

I see a pattern being developed here. There is no attempt to refute the facts or the Romney quote that has been presented to conservatives. Stumped them both.

What is far left about citing facts? If far left is citing facts what is wrong with it?

What am I fooled by? Can you explain your argument PredFan?

 

[TexM3]

Labor force participation rate and hourly wages are what matter more...if you believe the the bureau of lies and statistics you're being conned.

 

[NotfooledbyW]

DT 10508888

Try six years, Foo.

No, it was Romney who said in 2011 (basically for 2012 through 2016) that he was forecasting his results in four years. That puts his 6% number at 2016. The numbers and dates are written quite specific and clear. We are talking about starting from the same point in time. The start of Obama's second term which is January 2012 through January 2016. The UR is in for two years now and it is currently at 5.6%. Romney was forecasting for the end of 2016. He pledged getting to 6% in four years. Obama got well below that in two years.

So six years is way off Hoo. You can't make numbers lie. And Romney was an idiot for sure because the CBO was predicting 5.3% by the end of 2016 with policies in place. Do you get how stupid Romney was to project 0.7% above the CBO projection. Maybe Romney looks at it as better for Bain Capital when the UR is up. Labor costs kept down and corporate and investment profits go up, hoo knows?

 

[AceRothstein]

Thank god Romney didnt get to put his slow jobs policy in place.

.
U.S. Adds 252,000 Jobs In December; Unemployment Rate Declines To 5.6%

AP/HuffPost Posted: 01/09/15 08:31 AM ET Updated: 3 hours ago
The U.S. economy added 252,000 jobs in December, as the unemployment rate fell to 5.6 percent, the Bureau of Labor Statistics reported Friday.

U.S. Adds 252 000 Jobs In December Unemployment Rate Declines To 5.6

.
“I can tell you that over a period of four years, by virtue of the policies that we’d put in place, we’d get the unemployment rate down to 6 percent, and perhaps a little lower,” Romney says in aTime magazine interview.

Romney vows to lower unemployment rate to 6 percent by end of first term TheHill

When Romney was projecting in 2011 that he would get the unemployment rate down to 6% by 2016 the CBO was projecting the UR to be at 5.3% with Obama's policies in place by then. You'd have to be a fool to vote for Romney after he said that. He must not have known what the CBO was projecting for 2016. Since he was talking out of his behind anyway Romney should have promised to get to 5% by 2016 if he thought he could do better than Obama.

So it is getting impossible for Republicans to claim and be believed that Obama's has a failed policy on unemployment and the economy,

Their guy in 2008 was proposing a failed jobs policy as a campaign pledge.

And you just ousted yourself as a far left drone..

You just ousted yourself as a dumbass. Oh wait, that happened the day you made your first post.

 

[AceRothstein]

Labor force participation rate and hourly wages are what matter more...if you believe the the bureau of lies and statistics you're being conned.

You do realize that the labor force participation rate is calculated by..... The Bureau of Labor Statistics, right? Guess you're being conned.

 

[RetiredGySgt]

Thank god Romney didnt get to put his slow jobs policy in place.

.
U.S. Adds 252,000 Jobs In December; Unemployment Rate Declines To 5.6%

AP/HuffPost Posted: 01/09/15 08:31 AM ET Updated: 3 hours ago
The U.S. economy added 252,000 jobs in December, as the unemployment rate fell to 5.6 percent, the Bureau of Labor Statistics reported Friday.

U.S. Adds 252 000 Jobs In December Unemployment Rate Declines To 5.6

.
“I can tell you that over a period of four years, by virtue of the policies that we’d put in place, we’d get the unemployment rate down to 6 percent, and perhaps a little lower,” Romney says in aTime magazine interview.

Romney vows to lower unemployment rate to 6 percent by end of first term TheHill

When Romney was projecting in 2011 that he would get the unemployment rate down to 6% by 2016 the CBO was projecting the UR to be at 5.3% with Obama's policies in place by then. You'd have to be a fool to vote for Romney after he said that. He must not have known what the CBO was projecting for 2016. Since he was talking out of his behind anyway Romney should have promised to get to 5% by 2016 if he thought he could do better than Obama.

So it is getting impossible for Republicans to claim and be believed that Obama's has a failed policy on unemployment and the economy,

Their guy in 2008 was proposing a failed jobs policy as a campaign pledge.

Assuming that the real unemployment figure is 5.6 percent it took Obama 6 years to get there not 2. I would argue that the unemployment rate is NOT 5.6 as we have MILLIONS that gave up looking.

 

[NotfooledbyW]

TexM 10511357

Labor force participation rate and hourly wages are what matter more...if you believe the the bureau of lies and statistics you're being conned.

The BLS did not change one bit the way they collect data and input the numbers when they calculate the unemployment rate each month. Romney predicted based on the standard BLS method used for decades. Obama was dealing with bringing unemployment down based upon the same BLS method. The CBO operates on the same BLS data given out each month. You can argue labor force participation but it's not the method used on this thread.

You can't refute the numbers that favor Obama can you? Nice try though.

 

[NotfooledbyW]

RGS

Assuming that the real unemployment figure is 5.6 percent it took Obama 6 years to get there not 2.

I see you are equally bad at math with Deltex. The thread is clear that with Romney being involved instead of McCain that the discussion is set in a timeframe that coincides with Obama's second term. Its two years. Now do you want to try again?

 

[NotfooledbyW]

TexM 10511357

Labor force participation rate and hourly wages are what matter more...i

they have nothing to do with this thread. Romney was forecasting based on the Standard Unemployment Rate.

Romney's policies. with him being a Republican, are the antithesis of higher wages. So why would you want to mention that?

 

[Toro]

Last year saw the strongest employment gains since 1999.

December Employment Gain Caps Best Year for U.S. Since 1999 Wage Gains Lag - Bloomberg

 

[NotfooledbyW]

Last year saw the strongest employment gains since 1999.

December Employment Gain Caps Best Year for U.S. Since 1999 Wage Gains Lag - Bloomberg

Yes, "About 3 million more Americans found work in 2014, the most in 15 years"

Lest we forget the starting point when Obama inherited an economy that was losing hundreds of jobs each month.

. In 2008 and 2009, the U.S. labor market lost 8.4 million jobs, or 6.1% of all payroll employment. This was the most dramatic employment contraction (by far) of any recession since the Great Depression. By comparison, in the deep recession that began in 1981, job loss was 3.1%, or only about half as severe. - See more at: The Great Recession State of Working America

8.4 million jobs down the tubes from the Great Bush recession of 2008.

 

[NotfooledbyW]

Last year saw the strongest employment gains since 1999.

December Employment Gain Caps Best Year for U.S. Since 1999 Wage Gains Lag - Bloomberg

According to Romney in Romney's own words in 2011 his policies if enacted in 2012 would mean that these real gains would not be happening at this time. Obama was certainly the better choice in 2011.

 

[TexM3]

Labor force participation rate and hourly wages are what matter more...if you believe the the bureau of lies and statistics you're being conned.

You do realize that the labor force participation rate is calculated by..... The Bureau of Labor Statistics, right? Guess you're being conned.

If you only pay attention to the headline number you're being conned...

Do you think the 5.6% is an accurate gauge of how well the real economy is doing?

 

[Flash]

Obama hasn't done anything to create jobs.

However, the sonofabitch has been able to change the divisor in the unemployment equation by having so many people give up on looking for work that the "rate" artificially looks better.

The US has a dismal workforce participation rate, which is the real measurement,

 

[TexM3]

TexM 10511357

Labor force participation rate and hourly wages are what matter more...if you believe the the bureau of lies and statistics you're being conned.

The BLS did not change one bit the way they collect data and input the numbers when they calculate the unemployment rate each month. Romney predicted based on the standard BLS method used for decades. Obama was dealing with bringing unemployment down based upon the same BLS method. The CBO operates on the same BLS data given out each month. You can argue labor force participation but it's not the method used on this thread.

You can't refute the numbers that favor Obama can you? Nice try though.

The gov would never lie or try to manipulate your behavior would they? I mean there is absolutely no evidence of that ever happening is there? /S

 

[SwimExpert]

And look at the number of peeps not working...dropped out.

If you provide those numbers I'm sure we'll all be happy to take a look. This line is being thrown around alot still, but I have not seen much to suggest disenfranchised non-seekers are any longer a substantial element of non-working Americans. No doubt there are some families who have made permanent(ish) adjustments and have chosen a new single income household lifestyle. But employment does legitimately seem to be significantly improved. From what I can see wages are increasing, companies are starting to put forth more effort to attract talent. This is indicative of a strong and improving employment market.