Romney and GOP in Panic After Unemployment drops to 7.8%

[Listening]

 

[Listening]

Chris is a good example of what smoking crack for an extended period of time will do yoo your brain
Kids it ain't worth it.

When people answer facts with personal insults, I know I have won the argument.

Apology accepted, Captain Needa.

There is no other explanation as too way you post the shit you post. Smoking crack has to be the reason.

He's a dick.

His only joy is in trying to piss you off.

Let his sorry ass be.

 

[bigrebnc1775]

That shows how stupid obama is put a suit on a jackass and a saddle on a snail. When he should saddle the jack ass and ride it while eating the snail.

 

[Chris]

Chris is a good example of what smoking crack for an extended period of time will do yoo your brain
Kids it ain't worth it.

When people answer facts with personal insults, I know I have won the argument.

Apology accepted, Captain Needa.

There is no other explanation as too way you post the shit you post. Smoking crack has to be the reason.

Apology accepted, Captain Needa.

 

[Chris]

Umemployment has dropped from 10.2% to 7.8%
The stock market has doubled since the stimulus.
5 million private sector jobs have been created since 2009.
GDP has been growing since 2009.
Americans net worth is up $10 trillion dollars since 2009.
Auto sales are up. Retail sales are up. Home sales are up.
Bin Laden is dead, and GM is alive.
Obama has done a very good job.

 

[oreo]

“This is not what a real recovery looks like. We created fewer jobs in September than in August, and fewer jobs in August than in July, and we’ve lost over 600,000 manufacturing jobs since President Obama took office. If not for all the people who have simply dropped out of the labor force, the real unemployment rate would be closer to 11%. The results of President Obama's failed policies are staggering – 23 million Americans struggling for work, nearly one in six living in poverty and 47 million people dependent on food stamps to feed themselves and their families. The choice in this election is clear. Under President Obama, we’ll get another four years like the last four years. If I’m elected, we will have a real recovery with pro-growth policies that will create 12 million new jobs and rising incomes for everyone.”

Romney: 'This Is Not What A Real Recovery Looks Like' | TPM LiveWire

When you don't count 2.5 million UNEMPLOYED something MAGIC happens. The unemployment rate DROPS.

The ACTUAL government September 2012 unemployment report:

Among the major worker groups, the unemployment rates for adult men (7.3 percent), adult women (7.0 percent), and whites (7.0 percent) declined over the month. The unemployment rates for teenagers (23.7 percent), blacks (13.4 percent), and Hispanics (9.9 percent) were little changed. The jobless rate for Asians, at 4.8 percent (not seasonally adjusted), fell over the year.The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose from 8.0 million in August to 8.6 million in September. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job. (See table A-8.)

In September, 2.5 million persons were marginally attached to the labor force, essentially unchanged from a year earlier. (These data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. ]They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.) Among the marginally attached, there were 802,000 discouraged workers in September, a decline of 235,000 from a year earlier. (These data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them.The remaining 1.7 million persons marginally attached to the labor force,

http://www.bls.gov/news.release/pdf/empsit.pdf

"Barack Obama is the greatest HOAX ever perpetrated on the American population"--Clint Eastwood

 

[Darkwind]

While that is a good point, if someone were to come out about it, their career would be made by the person taking over their bosses office on Nov 6th.

The bureaucracy in this case is less transient than the "boss". Most of them have already been around for at least 3 administrations.

And they are around because they don't make waves for their bosses. Capice?

And the word gets out all the time, but the current Administration enjoys a mostly surrogate media that runs interference for them and makes sure nothing is much of a scandal that most people ever see. Those of us who do know about it get it from the politically incorrect sources like talk radio, Fox News, and some of the better researched websites. The rest of the MSM eventually reports it, but always where most people won't see it.

So then we can assume the BLS cooked Bush's numbers also. Real UE under Bush was 25%. Willard says real UE is now 11% so Obama has cut the real UE of Bush in half.

It wasn't. Bush never had to rely upon dropouts from the job hunt to lower his employment numbers.

Barry does. But then, Barry depends upon a lot of lies to stay in power.

 

[bigrebnc1775]

Umemployment has dropped from 10.2% to 7.8%
The stock market has doubled since the stimulus.
5 million private sector jobs have been created since 2009.
GDP has been growing since 2009.
Americans net worth is up $10 trillion dollars since 2009.
Auto sales are up. Retail sales are up. Home sales are up.
Bin Laden is dead, and GM is alive.
Obama has done a very good job.

“We Are All Osama”

I wonder if the family of Chris Stevens would agree with you?

5 million private sector jobs have been created since 2009.

42 striaght months of 8% or higher unemployment, oh wait if not for thew election it would still be higher than 8%

GDP has been growing since 2009.

AAA credit down graded twice.

Auto sales are up. Retail sales are up. Home sales are up.

Frieghtliner shutting doors moving to Mexico
GM building new plants in Mexico and China moving jobs to those places.

Americans net worth is up $10 trillion dollars since 2009.

People are paid less than what they made in 2009

Debt Jumped $1.2759T in FY 2012; Up $10,855 Per Household in Just 12 Months; Beats 2011

 

[oreo]

Umemployment has dropped from 10.2% to 7.8%
The stock market has doubled since the stimulus.
5 million private sector jobs have been created since 2009.
GDP has been growing since 2009.
Americans net worth is up $10 trillion dollars since 2009.
Auto sales are up. Retail sales are up. Home sales are up.
Bin Laden is dead, and GM is alive.
Obama has done a very good job.

“We Are All Osama”

I wonder if the family of Chris Stevens would agree with you?

5 million private sector jobs have been created since 2009.

42 striaght months of 8% or higher unemployment, oh wait if not for thew election it would still be higher than 8%


AAA credit down graded twice.

Auto sales are up. Retail sales are up. Home sales are up.

Frieghtliner shutting doors moving to Mexico
GM building new plants in Mexico and China moving jobs to those places.

Americans net worth is up $10 trillion dollars since 2009.

People are paid less than what they made in 2009

Debt Jumped $1.2759T in FY 2012; Up $10,855 Per Household in Just 12 Months; Beats 2011

23 Million Americans unemployed or underemployed
Charts *»* Multimedia *»* The Hamilton Project

Medium household incomes have dropped over $4000.00 since Obama took office.
Household income is below recession levels, report says - The Washington Post

One in six families living below the poverty level.
One in every six Americans living below poverty line, U.S. Census Bureau announces - New York Daily News

16 trillion in red ink with another 5 trillion to be added to this tab just in interest over the next decade.
National debt: Washington's $5 trillion interest bill - Mar. 5, 2012

46 Million Americans on food stamps
Record 46 Million Americans Are on Food Stamps - CNBC

Consumer confidence in the tank
August consumer confidence falls to 60.6 - Business Insider

2.5 Million unemployed were NOT counted in September unemployment report--artificially bringing the unemployment rate down to 7.8%.

Among the major worker groups, the unemployment rates for adult men (7.3 percent), adult women (7.0 percent), and whites (7.0 percent) declined over the month. The unemployment rates for teenagers (23.7 percent), blacks (13.4 percent), and Hispanics (9.9 percent) were little changed. The jobless rate for Asians, at 4.8 percent (not seasonally adjusted), fell over the year.The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose from 8.0 million in August to 8.6 million in September. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job. (See table A-8.)

In September, 2.5 million persons were marginally attached to the labor force, essentially unchanged from a year earlier. (These data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. ]They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.) Among the marginally attached, there were 802,000 discouraged workers in September, a decline of 235,000 from a year earlier. (These data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them.The remaining 1.7 million persons marginally attached to the labor force,

http://www.bls.gov/news.release/pdf/empsit.pdf

Gas prices are UP--Food prices are UP--and our community organizer can't defend his HORRIBLE record.

"Barack Obama is the greatest HOAX ever perpetrated on the American population"--Clint Eastwood

 

[Chris]

America has added 5 million private sector jobs since the stimulus.

Here’s what Bush left us with.....

Aug 2008 - 334,000 net JOBS LOST
Sep 2008 - 458,000 net JOBS LOST
Oct 2008 - 554,000 net JOBS LOST
Nov 2008 - 728,000 net JOBS LOST
Dec 2008 - 673,000 net JOBS LOST
Jan 2009 - 779,000 net JOBS LOST

 

[Unkotare]

Soooooo.......obama crashes and burns in an important debate, Romney's poll numbers start climbing, and then, just then, employment figures of dubious accounting suddenly show improvement that has proven unattainable for his entire term up to this point. I guess you just never know what's gonna happen...........

 

[beretta304]

That's only because the CON$ervoFascist Brotherhood wastes everyone's time with their "BLS's numbers are cooked" bullshit every month the UE number goes down.

Yeah, yeah, yeah and last month after you were bombarded with proof that you were wrong you melted away from the thread.

Bullshit

I alone must have given you 8-10 links, a few to the BLS itself. I explained it and you persisted for awhile and disappeared.

 

[C_Clayton_Jones]

Soooooo.......obama crashes and burns in an important debate, Romney's poll numbers start climbing, and then, just then, employment figures of dubious accounting suddenly show improvement that has proven unattainable for his entire term up to this point. I guess you just never know what's gonna happen...........

What’s interesting is that you and others on the right now consider the polls accurate, when they weren’t before Wednesday; and government data not accurate when they reflect a drop in unemployment, but the same government sources had accurate data when the unemployment rate remained unchanged.

 

[beretta304]

Jack Welch | TheBlaze.com

“We had 600,000 government jobs added in the last two months. We had 873,000 jobs by a household survey — which is a total estimate — from 50,000 phone calls. Of those, 600,000 were temporary workers. Chris, these numbers are all a series of assumptions. Tons of assumptions. And it just seems somewhat coincidental that the month before the election, the numbers go one-tenth of a point below where the president started. Although, I don’t see anything in the economy that says these surges are true.”


He continued: “These numbers defy logic. They defy logic. We do not have a 4 to 5 percent booming economy with 873,000 people added.

 

[Wroberson]

They are panicking because no incumbent has retained the office with unemployment over 8%.
Now that it's lower, the incumbent is within the trend of re-electino with unemployment under 8%
7.8% is also lower than it was when Bush was in Office 2008 with the unemployment rate was 8.2%
It's only going to go lower with 250,000 Christmas and Holiday jobs added to the numbers.

I'm not panicking. I'm surprised things have turned out this well.

 

[beretta304]

They are panicking because no incumbent has retained the office with unemployment over 8%.
Now that it's lower, the incumbent is within the trend of re-electino with unemployment under 8%
7.8% is also lower than it was when Bush was in Office 2008 with the unemployment rate was 8.2%
It's only going to go lower with 250,000 Christmas and Holiday jobs added to the numbers.

I'm not panicking. I'm surprised things have turned out this well.

Don't know much about economics do ya? 7.8 is good? I don't care if my mother was President, 7.8 is terrible and nothing to pat oneself on the back over... after 4 years and 5 trillion.

 

[Toro]

Jack Welch | TheBlaze.com

“We had 600,000 government jobs added in the last two months. We had 873,000 jobs by a household survey — which is a total estimate — from 50,000 phone calls. Of those, 600,000 were temporary workers. Chris, these numbers are all a series of assumptions. Tons of assumptions. And it just seems somewhat coincidental that the month before the election, the numbers go one-tenth of a point below where the president started. Although, I don’t see anything in the economy that says these surges are true.”


He continued: “These numbers defy logic. They defy logic. We do not have a 4 to 5 percent booming economy with 873,000 people added.

such anomalies have happened before. In February '02, for example, the gap was even wider, with household employment up 737,000 and nonfarm payrolls down 146,000—and nobody cried foul.

September Unemployment: No U Turn - Barrons.com

 

[beretta304]

Jack Welch | TheBlaze.com

“We had 600,000 government jobs added in the last two months. We had 873,000 jobs by a household survey — which is a total estimate — from 50,000 phone calls. Of those, 600,000 were temporary workers. Chris, these numbers are all a series of assumptions. Tons of assumptions. And it just seems somewhat coincidental that the month before the election, the numbers go one-tenth of a point below where the president started. Although, I don’t see anything in the economy that says these surges are true.”


He continued: “These numbers defy logic. They defy logic. We do not have a 4 to 5 percent booming economy with 873,000 people added.

such anomalies have happened before. In February '02, for example, the gap was even wider, with household employment up 737,000 and nonfarm payrolls down 146,000—and nobody cried foul.

September Unemployment: No U Turn - Barrons.com

"By another, better measure, unemployment didn't budge at all"

 

[Toro]

Jack Welch | TheBlaze.com

“We had 600,000 government jobs added in the last two months. We had 873,000 jobs by a household survey — which is a total estimate — from 50,000 phone calls. Of those, 600,000 were temporary workers. Chris, these numbers are all a series of assumptions. Tons of assumptions. And it just seems somewhat coincidental that the month before the election, the numbers go one-tenth of a point below where the president started. Although, I don’t see anything in the economy that says these surges are true.”


He continued: “These numbers defy logic. They defy logic. We do not have a 4 to 5 percent booming economy with 873,000 people added.

such anomalies have happened before. In February '02, for example, the gap was even wider, with household employment up 737,000 and nonfarm payrolls down 146,000—and nobody cried foul.

September Unemployment: No U Turn - Barrons.com

"By another, better measure, unemployment didn't budge at all"

Employers added a relatively modest 114,000 jobs in September, but the unemployment rate registered its biggest drop in nearly two years. What explains the disparity?

The answer lies in the way the two figures are calculated. The monthly payroll number—how many jobs are gained or added in a month—is based on a survey of about 141,000 businesses and government agencies. The unemployment rate and related statistics are based on an separate survey of about 60,000 individual households.
Related

The business survey is larger and generally more stable. ...

The household survey is more volatile. ... The survey's tally of people with jobs—based on counting the number of people who say they are working, rather than the business survey's count of employees ...

Despite the month-to-month disagreements, however, the two surveys line up well over the longer term. In fact, over the past year, they show almost identical jobs growth. That suggests the September household survey likely overstated the jump in employment, but the July and August surveys likely missed in the other direction. That is consistent with what the business survey is showing: slow, but relatively steady jobs growth.

Why Surveys Tell Two Stories - WSJ.com

 

[Contumacious]

Romney and GOP in Panic After Unemployment drops to 7.8%

Another Phony Employment Reporthttp://lewrockwell.com/roberts/roberts371.html

October 5. Today’s employment report from the Bureau of Labor Statistics shows 114,000 new jobs in September and a drop in the rate of unemployment from 8.1% to 7.8%. As 114,000 new jobs are not sufficient to stay even with population growth, the drop in the unemployment rate is the result of not counting discouraged workers who are defined away as “not in the labor force.”

According to the BLS, “In September, 2.5 million persons were marginally attached to the labor force.” These individuals “wanted and were available for work,” but “they were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.”

In other words, 2.5 million unemployed Americans were not counted as unemployed

.