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Strongest jobs recovery in decades.

Jetboogieman

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Jobs recovery is stronger than past recessions - Sep. 2, 2010

Also from the article:


Now I would like to ask the folks out there in the audience this question:

If a second stimulus is needed to avoid a secondary and possibly more severe recession, would you be in favour of it?

Although the question is irrelevent as the White House has said there will be no second stimulus.

I think many people out there seriously underestimate just how severe this recession is, and that there is no magic fix for it.
 
Except, that Recovery Summer has lost 293,000 jobs and the unenployment rate rose over the summer.

Your article is nothing other than propaganda.

The only way to fix the recession, is for the government to get the hell out of the way and let people make money.

Government can'ty create wealth and it can't create jobs.
 


What he said ^^^


Tim-
 
"By historical standards, the labor market is recovering nicely "
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Wow talk about spin, LOL. Let's hope Obama takes that message and runs with it. It will do wonders for him in the polls.
 
I try and stay out of economic threads but it is a mystery to me how this is a success in any way
 
NEW YORK (CNNMoney.com) -- A jobless recovery? Hardly.
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Oops, there appears to be an error in the first line of the article.

NEW YORK (CNNMoney.com) -- A recovery? Hardly.
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There, fixed.
 


Recovering nicely?


Employment Situation Summary


283,000 jobs lost this summer. You call that "recovery"? :lamo
 
Geez, talk about grasping for straws. LOL

Uh, no. Unemployment rose to 9.6 percent (and that's just of those who haven't quit looking), and we lost 283,000 jobs this summer.

Keep throwing darts in the dark.
 
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texmaster said:
I try and stay out of economic threads but it is a mystery to me how this is a success in any way
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It's not clear to you how three successive months of job losses (Jun, Jul, Aug) mark the "strongest job recovery in decades"?

When the recession ended under Bush in July 2003, there was a loss of 42k jobs in August followed by 46 months of successive job gains. That's what you call weak or mediocre jobs recovery. Strong job recovery is when you have a mix of job losses and a few gains from temporary census workers. Come on, this is basic Econ 101.
 

Ironic, since it was the lack of government that got you into the ****hole you are in now.. ahh the irony of American conservative economic thinking!

American conservative thinking = lets **** up the economy with lazzie-faire policies so our friends can get rich, and then to fix the problem... do more of the same!
 
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Uhm anything on the current "Recovery" or is partisan mouth foaming the catch of the day? :ssst:
 

All I'm saying is that economics becomes very complicated. Yes the job loss is obvious but the reasons for the job loss and other areas where people can point to "recovery" make it more complicated and since the variables are almost always endless its not a subject I like to dive into. Do I support tax cuts? Absolutely. But that doesn't mean I understand all the variables of the economy.
 

The article is a lot more pessimistic overall. The key point is that the recessions are getting deeper and deeper. The bit of good news you quoted is great, but we have a lot more ground to recover this time. In the long run, spending isn't the answer.
 

You don't. I don't. Obama doesn't. Truth is, no one really can.

What I do know is the government can do nothing but mess up the economy. Only the private sector can fix it.

And if you tax the private sector to cover up big-government messes, the private sector will take its ball and go home, and we're screwed.
 
PeteEU said:
Ironic, since it was the lack of government that got you into the ****hole you are in now.. ahh the irony of American conservative economic thinking!
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Um, no! It was because of government intervention, that we found ourselves in the ****hole we're in now. How much has the government invaded the private sector since 2007 and how much improvement has there been?

American conservative thinking = lets **** up the economy with lazzie-faire policies so our friends can get rich, and then to fix the problem... do more of the same!
Click to expand...

The government can't create wealth, so it's extremely important that the private sector gets rich. The richer the private sector, the more revenue the government will get. Let a little common sense shine in.
 
ReverendHellh0und said:
Uhm anything on the current "Recovery" or is partisan mouth foaming the catch of the day? :ssst:
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On the current recovery... sure... it is way better than it was under Bush or would have been under Palin.. I mean the senile McCain.

As for partisan mouth foaming.. look at the other conservative posts.. that is your partisan mouth foaming.. mine is factual.
 
texmaster said:
I try and stay out of economic threads but it is a mystery to me how this is a success in any way
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it is the Gore voting theory applied to Obamaconomics

If the INTENT is to help then the action MUST have helped
 

Not if you insist that we're doing better under Obama than we were under Bush.
 

are you basing that on a learned understanding of economic reality or based on a blind devotion to leftwing babble?
 
apdst said:
Not if you insist that we're doing better under Obama than we were under Bush.
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He is doing better under Obama-he doesn't live in the USA and America's decline is the eurosocialists' gain
 
TurtleDude said:
are you basing that on a learned understanding of economic reality or based on a blind devotion to leftwing babble?
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Ooooh! Oooooh! I know! Pick me!
 
apdst said:
Not if you insist that we're doing better under Obama than we were under Bush.
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Considering made next to no jobs during his presidency and all gains he did do, he pissed away, then yes you are doing better so far.
 
texmaster said:
But that doesn't mean I understand all the variables of the economy.
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it's simple, it all comes down to the proper tossing and interpreting of chicken bones

most important---when you discuss your findings you must remain stubbornly and inscrutably obscurantist
 
PeteEU said:
Considering made next to no jobs during his presidency and all gains he did do, he pissed away, then yes you are doing better so far.
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9.6% unemployment means we're doing better than we were when unemployment was at 4%?

Take a break. Carrying all that water must be exhausting.
 
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