U.s. Payrolls miss expectations, expand by 80k

Discussion in 'Economy' started by SniperFire, Jul 6, 2012.

  1. SniperFire
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    SniperFire Senior Member

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    Last edited: Jul 6, 2012
  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Obama has nothing to do with it. Romney will not fix it either.
     
  3. SniperFire
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    SniperFire Senior Member

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    Do you need to see the research which proves that employers remain on the sidelines due to uncertainty over issues such as ObamaTax?
     
  4. iamwhatiseem
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    iamwhatiseem Gold Member

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    That is incorrect.
    Of course it is foolhardy to say this is Obama's fault - no less stupid than saying it is Bush's fault. But to say he has "nothing to do with it" - is incorrect.
    His consistent speeches about "fair" taxation, Obamacare uncertainty, blowing $billions in tax dollars on corporate welfare and pet industries, giving most of the stimulus to super-banks...etc. etc. etc.
    He has ignored the real problems, therefore all Democrats have ignored real problems - and the Republicans are only interested in trying to gain power - all of this has created a HUGE sense of uncertainty and an unwillingness of businesses to invest.
    Capital spending and capital investment is at crushing lows..2011 for instance, capital investment was 40% lower than pre-recession.
    Capital investment = new jobs.
    No capital investment = no new jobs.
     
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  5. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Obama didn't write ObamaCare. Romney didn't write ObamaCare.

    Lobbyists for the Insurance Industry wrote ObamaCare! Many years ago in fact. It was all ready to go and waiting for the right number of compromised elected officials in Congress so that they could pass it.

    George Bush Would Have Signed ObamaCare! George Bush would have given amnesty to 800,000 illegals just as Obama did IF HE COULD HAVE GOTTEN AWAY WITH IT!

    Romney will not repeal ObamaCare. A Republican Congress will not repeal ObamaCare.

    They will say they don't have the votes.
    They will say they have more pressing issues in front of them.

    How difficult is it for you to see that our system of Government DOESN'T WORK FOR US?

    The Supreme Court says that Corporations are people and can give unlimited donations which make them more powerful than the people.

    They say that ObamaCare is Constitutional.

    Taxpayers bailout GM only so they can ship jobs overseas.

    But YOU seem to think Romney (one man) is gonna' reverse all that? What drugs are you on? :confused:

    The De-Industrialization of our Economy and Destruction of the Dollar is PLANNED by the International Bankers that control our Government. They call all the shots!

    We haven't had a real President since JFK!
     
  6. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Name ONE thing Obama did differently than Bush.
     
  7. SniperFire
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    SniperFire Senior Member

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    Obama loathes our wealth and job creators, and the feeling is quite mutual:

    Jan. 22 (Bloomberg) -- U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.

    The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.

    The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll, 32 percent in the U.S. held a positive impression.

    “Investors no longer feel they can trust their instincts to take risks,” said poll respondent David Young, a managing director for a broker dealer in New York.'

    Bloomberg - Business, Financial & Economic News, Stock Quotes ve&sid=a8UiI1bCRdmY
     
  8. iamwhatiseem
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    iamwhatiseem Gold Member

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    By the way...after this report - expect the FED and the White House to push for QE3.
    Which will result in only further pumping the bubble...it will do nothing to help jobs.
     
  9. DontBeStupid
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    DontBeStupid Look it up!

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  10. SniperFire
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    SniperFire Senior Member

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    That is freaking ridiculous. Pelosi and Reid controlled Congress at the time and didn't even attempt the legislation.
     

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