When?

[ba1614]

Well, for half a billion of obamma stimulus we've created some in Finland to build cars.

 

[California Girl]

Ohh I have heard of a con job ans have been watching it happen for 3 decades.
And yes we are in decline and denial of that fact.
And virtually NO political leaders have the balls to admit it.
Or to admit the real reasons for the decline.

Because it's what they wanted. And they do not want a real recovery.

 

[Toddsterpatriot]

In his 3rd year, unemployment was 9.6%, Obama's 2nd year is 9.6%.

So if Obama's UE rate is 9.6% next year he'll be right on par with Reagan.

And these 2 individuals are essentially worshipped within their party.

In 1984, Reagan's number was 7.5%.

If Obama's rate is 9.6% next year, he won't be re-elected, unlike Reagan and his 49 state landslide.

His 3rd year was 9.6% is what I'm saying, the same as Obama's is now in his 2nd year and despite that horrible number Reagan was re-elected. Both inherited an economic mess.

I think Obama will be re-elected, I won't vote for him, but I expect him to win an extremely close election like GWB did in his re-election.

2nd year? Near as I can tell, his 2nd year ended Jan 2011.

 

[Dr.Drock]

In 1984, Reagan's number was 7.5%.

If Obama's rate is 9.6% next year, he won't be re-elected, unlike Reagan and his 49 state landslide.

His 3rd year was 9.6% is what I'm saying, the same as Obama's is now in his 2nd year and despite that horrible number Reagan was re-elected. Both inherited an economic mess.

I think Obama will be re-elected, I won't vote for him, but I expect him to win an extremely close election like GWB did in his re-election.

2nd year? Near as I can tell, his 2nd year ended Jan 2011.

True, but I think UE numbers are taken at the end of the year. Could be mistaken, I'm not sure of that.

Either way we can agree it's ugly.

 

[Lovebears65]

Where are the jobs that Obama promised when he passed the first stimulus?? You know the shovel ready jobs he kept telling us about.. Oh yeah! they were not so shovel ready were they!

 

[Si modo]

Ok the tax cuts for the upper class have been in place for a decade, the stock market is up to 11k+. Wall street and GM was bailed out. Where are the jobs?

Most of us who were against the bail outs never said they would create jobs. In fact, they artificially kept jobs, but eventually those jobs will die. And, they are dying.

As so many say - it's the economy, stupid. Just try, please try, not to make it worse than it is.

 

[Mr Natural]

Ok the tax cuts for the upper class have been in place for a decade, the stock market is up to 11k+. Wall street and GM was bailed out. Where are the jobs?

China

 

[flacaltenn]

As technology advances the need for man made labor decreases. Combine that with an increasing population and it doesn't end well.


Oh and the fact that 7 year Chinese kids work for cheaper.

No doubt that manual labor and "jobs" as we know them are changing. The need for man made labor may be decreasing in the old sense, but the need for man made skills is not.

Cheap labor is a passing transitory phase. The folks who make the Apple products in China know that. They plan on 1,000,000 ROBOTS in the next three years. They are not relying on 7 old year for their 21st Century manufacturing dominance...

 

[Mr Natural]

Where are the jobs that Obama promised when he passed the first stimulus?? You know the shovel ready jobs he kept telling us about.. Oh yeah! they were not so shovel ready were they!

We got shovel ready jobs all over the place in my neck of the woods.

Frankly, I wish they would take their shovels and shove 'em.

 

[bripat9643]

Ok the tax cuts for the upper class have been in place for a decade, the stock market is up to 11k+. Wall street and GM was bailed out. Where are the jobs?

Repeal Obamacare if you want jobs.

bullshit!
It is not even in place but just a tad maybe.

The EPA's war on fossil fuels in full swing. The Obama regulatory assault on the private sector is sufficient to retard job growth indefinitely.

 

[bripat9643]

As technology advances the need for man made labor decreases. Combine that with an increasing population and it doesn't end well.


Oh and the fact that 7 year Chinese kids work for cheaper.

that's the Marxist theory of economics in a nutshell.

I'll bet you never thought of yourself as a Marxist, did you?

 

[Mr Natural]

As technology advances the need for man made labor decreases. Combine that with an increasing population and it doesn't end well.


Oh and the fact that 7 year Chinese kids work for cheaper.

that's the Marxist theory of economics in a nutshell.

I'll bet you never thought of yourself as a Marxist, did you?

And here I thought the Marxist theory was something about workers of the world uniting, you have nothing to lose but your chains.

 

[Si modo]

As technology advances the need for man made labor decreases. Combine that with an increasing population and it doesn't end well.


Oh and the fact that 7 year Chinese kids work for cheaper.

that's the Marxist theory of economics in a nutshell.

I'll bet you never thought of yourself as a Marxist, did you?

I'm no Marxist, but he did get some things right.

His practical ideas are fucked up, though.

 

[Dr.Drock]

As technology advances the need for man made labor decreases. Combine that with an increasing population and it doesn't end well.


Oh and the fact that 7 year Chinese kids work for cheaper.

that's the Marxist theory of economics in a nutshell.

I'll bet you never thought of yourself as a Marxist, did you?

Where did I say any of that was good?

Show me how I'm incorrect when I saw as technology advances the need for manual labor goes down.

Show me how I'm incorrect when I saw foreign labor is cheaper.

Ready.............Set...........................


GO!!!!!!!!!!!!!

 

[bripat9643]

Reagan's unemployment was just as bad as Obama's in his first 3 years. I don't think flip flopping back and forth between scum 2 parties will fix anything.

Wrong. At this point in Reagan's first term unemployment was under 8% and headed sharply down. Economic growth went as high as 12% in some months.

The Fed destroying our economy does a lot more to the economy than the gov't does, although they don't help it.

The Fed is the government, dipstick.

 

[asaratis]

Ok the tax cuts for the upper class have been in place for a decade, the stock market is up to 11k+. Wall street and GM was bailed out. Where are the jobs?

Repeal Obamacare if you want jobs.

That's not all it will take. Actually, some of Obamacare is being repealed by itself because it has finally been revealed that it is financially unstable and will not support itself as required.

Obamacare certainly caused a decrease in jobs creations because of the long term cost of hiring new workers to do new jobs.

Investors are sitting on huge piles of money right now because they are uncertain about the future and what new taxes the liberals can summon up.

There is also a huge pile of money sitting overseas that will not be brought home until the taxes on that simple transfer have been decreased substantially or perhaps done away with altogether.

Obama and the tax-em-to-death liberals that see rate increases as the only way to grow the revenue will not relent.

I am convinced that Obama is dedicated to ruining the US economy to bring us down to the level of the countries he admires for their socialist, Marxist, communist forms of government. He will still be among the ruling elite and enjoy all the perks that rulers do...he just won't have to worry about winning an election to stay there.

 

[bripat9643]

His 3rd year was 9.6% is what I'm saying, the same as Obama's is now in his 2nd year and despite that horrible number Reagan was re-elected. Both inherited an economic mess.

I think Obama will be re-elected, I won't vote for him, but I expect him to win an extremely close election like GWB did in his re-election.

This is Obama's third year, numskull.

Reagan's UE rate was under 8% by the end of his third year. Economic growth in his 4th year was over 6%. Obama won't even get close to half of that.

 

[Dr.Drock]

Reagan's unemployment was just as bad as Obama's in his first 3 years. I don't think flip flopping back and forth between scum 2 parties will fix anything.

Wrong. At this point in Reagan's first term unemployment was under 8% and headed sharply down. Economic growth went as high as 12% in some months.

The Fed destroying our economy does a lot more to the economy than the gov't does, although they don't help it.

The Fed is the government, dipstick.

Ohhh now I understand your idiotic post before calling me a Marxist for no reason, you're offended I would dare point out facts that go against your god and hero Reagan.

The United States Unemployment Rate By Year

Reagan's first 3 years. 7.62%, 9.71%, 9.60%

The Fed is linked to the gov't, but we don't even audit the Fed to know how they're doing.

 

[bripat9643]

that's the Marxist theory of economics in a nutshell.

I'll bet you never thought of yourself as a Marxist, did you?

And here I thought the Marxist theory was something about workers of the world uniting, you have nothing to lose but your chains.

That's just political sloganeering. You don't know a thing about Marxism, do you? Yet, you spout the Marxist dogma like a pro.

 

[bripat9643]

that's the Marxist theory of economics in a nutshell.

I'll bet you never thought of yourself as a Marxist, did you?

Where did I say any of that was good?

Show me how I'm incorrect when I saw as technology advances the need for manual labor goes down.

Show me how I'm incorrect when I saw foreign labor is cheaper.

Ready.............Set...........................


GO!!!!!!!!!!!!!

If your theory were true, then we would have 95% unemployment because mass production and automation have increased productivity by several orders of magnitude. What economic ignoramuses ignore is the fact that human wants are unlimited. When labor saving machinery frees human labor up from the production of a particular good, those people can then be employed producing some new product that wasn't previously available.

That has been the history of the industrial revolution: ever higher productivity and more and cheaper products available to the masses.