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US hiring cools in December as economy adds just 199,000 new jobs

ROFL.. so the lockdowns DIDN'T cause massive jobs losses?? and you say im partisan?? LMAO
No, I did not say you are partisan, I asked if you are just doing the partisan crap, but not it is evident what you are, but to the point, without the lockdownd millions would have died and only the low intellect imbeciles do not realize or recognize that.
 
First, calling the lockdown "insane" is insane. Had there not been lockdowns, millions of Americans would have died from Covid that first year.
Second, Trump NEVER agreed to lockdowns because he was more concerned about getting re-elected than mitigating deaths.
Third, let's look at economic performance of Obama and Trump -- excluding that pandemic year.
mtp_fs_data_download_1b_2020_08_23.png
mtp_fs_data_download_2b_2020_08_23_1.png
LOL, amazing how you continue to post out of context data, let me help you, U-6 rate when Obama left office 9.3%, U-6 pre pandemic 4.2 so it apparently doesn't matter what jobs are credited in that booming Obama economy does it?

Stunning support and ignorance of data

You going to tell me that 900 billion dollars a year GDP dollar growth is the same as 500 billion GDP dollar growth is the same because the percentage change is the same? wow, amazing what loyalty you have to liberalism showing again that apparently you don't bite the hand that feeds you

I will remind you of the OP, 199,000 jobs created in December from the Biden economy
 
Can you tell me Do the states have the authority to raise the minimum wage?
I said in my post "states raising the minimum wage." Also, as you know, the federal government has the authority to raise the minimum wage. Trump and the GOP always resist raising the minimum wage. So, an increase in wages at the bottom was causal to states raising the minimum wage. Trump, although first to take credit for rising wages, had nothing to do with it.

Your point?
 
Your focus shift is immaterial to the discussion, which was Trump's lack of conservatism regarding bailouts that created dependency. Facing this, you twist the narrative to something else entirely.

Orwell must have been thinking of you when he wrote, " The point is that we are all capable of believing things which we know to be untrue, and then, when we are finally proved wrong, impudently twisting the facts so as to show that we were right. Intellectually, it is possible to carry on this process for an indefinite time: the only check on it is that sooner or later a false belief bumps up against solid reality, usually on a battlefield."
whack-a-mole-cute.gif
 
Babies generally don't enter the labor force.

It would be great if there were some way to increase the size of the labor force to fill these jobs and bring even more manufacturing back to the US. Just spitballing here, but what if you could take people from somewhere else and MOVE them here? Not only do you not have to pay to grow them from baby to adult, but you'd be able to filter for the people who are the hardest working and most willing to take risks. Hmm......

That sounds a lot better than relying on lazy entitled people who only do the bare minimum for 35 years then mooch off the rest of us through government handouts while railing against those of us who actually contribute.
the problem isn't enough labor. We have people sitting on the sidelines - not just baby boomers retiring
Also the 2 million migrant encounters +500k "get away" crossing the border are largely unskilled
I mean the illegals are already in lawn maintanance roofing, and other decent paying jobs
Automation is reducing unskilled jobs -where are these migrant going to work?

Then we added more H-1B visia under Biden -which brings in foreign skilled professional labor

US President-elect Joe Biden plans to increase the number of high-skilled visas, including the H-1B, and eliminate the limit on employment-based visas by country, both of which are expected to benefit tens of thousands of Indian professionals impacted by some immigration policies of the outgoing Trump administration.
 
First, calling the lockdown "insane" is insane. Had there not been lockdowns, millions of Americans would have died from Covid that first year.
Second, Trump NEVER agreed to lockdowns because he was more concerned about getting re-elected than mitigating deaths.
Third, let's look at economic performance of Obama and Trump -- excluding that pandemic year.
mtp_fs_data_download_1b_2020_08_23.png
mtp_fs_data_download_2b_2020_08_23_1.png
But Trump is a Republican. That adds 10 points of theoretical growth. :rolleyes:

Notice how we often ignore 25% of Trump's economic performance but we never exclude the first year of Obama's presidency, even though he took office as the economy was cratering due to Bush's economic collapse.

And even with that grossly unfair comparison where we throw out the worst Trump year but keep the worst Obama year, their performance is roughly equal. Yet Obama had a terrible economy and Trump had the worlds greatest.
 



Now I know that the left radical Biden supporters will tout as usual the U-3 unemployment rate but the reality exists the target for Biden is 159 million employed and 63.4% labor participation rate(Pre pandemic February 2020). One of these days the supporters of Biden and the left are going to realize that rhetoric, massive central gov't, and gov't spending aren't the answer, Promoting the private sector and allowing people to drive it through consumer spending is

https://data.bls.gov/cgi-bin/surveymost?ln
That is why all the infrastructure jobs need to be implemented. Upgrading infrastructure can be creating well paying jobs and help to reduce inflationary pressures on the private sector.
 
In the short term, the trade tariffs and his populist policies, including withdrawal from TPP, were popular and probably didn't do that much widespread harm.

But over the longer term, the disengagement from the rest of the world, something that Republicans used to fear from Democratic administrations, is going to have major repercussions. If China joins the TPP before we do, they could block us from ever joining. Fortunately, Beijing seems to be preoccupied with its own problems and increasingly at odds with our allies, but that could quickly change, particularly if the US is viewed as becoming politically unstable.
Trump didn't "disengage" he established bilateral trade pacts - taking advantage of the size of our economy
The TPP was rejected by Hillary, Bernie and Trump because of the structure ( i'd have to look it up)

The US/China "phase 1" - was an example. Even the current US Trade Rep. Katherine Tai applaudes it and is keeping it
we would have had phase 2 done as well -but the Wu-Flu derailed it
 
I said in my post "states raising the minimum wage." Also, as you know, the federal government has the authority to raise the minimum wage. Trump and the GOP always resist raising the minimum wage. So, an increase in wages at the bottom was causal to states raising the minimum wage. Trump, although first to take credit for rising wages, had nothing to do with it.

Your point?
My point is that it isn't federal responsibility to raise the minimum wage as that can be done by the states. Imagine that, Trump taking credit for something as we know that Obama and Biden never did that. Why should the federal gov't usurp state and local responsibilities regarding wages?
 
LOL, amazing how you continue to post out of context data, let me help you, U-6 rate when Obama left office 9.3%, U-6 pre pandemic 4.2 so it apparently doesn't matter what jobs are credited in that booming Obama economy does it?

Stunning support and ignorance of data

You going to tell me that 900 billion dollars a year GDP dollar growth is the same as 500 billion GDP dollar growth is the same because the percentage change is the same? wow, amazing what loyalty you have to liberalism showing again that apparently you don't bite the hand that feeds you

I will remind you of the OP, 199,000 jobs created in December from the Biden economy
As you like to say, context matters. While U-6 was 9.3% when Obama left office, it was 14% when he entered office. That's an amazing drop. It was also 11% when Trump left office.
fredgraph.png
 
But Trump is a Republican. That adds 10 points of theoretical growth. :rolleyes:

Notice how we often ignore 25% of Trump's economic performance but we never exclude the first year of Obama's presidency, even though he took office as the economy was cratering due to Bush's economic collapse.

And even with that grossly unfair comparison where we throw out the worst Trump year but keep the worst Obama year, their performance is roughly equal. Yet Obama had a terrible economy and Trump had the worlds greatest.
There yo go again touting something that lacks context but promotes the liberal lies and distortions. Why do you do that?

roughly equal? Is 900 billion dollars per year the same as 500 billion dollars per year since the percentage is equal?
 
LOL, amazing how you continue to post out of context data, let me help you, U-6 rate when Obama left office 9.3%, U-6 pre pandemic 4.2 so it apparently doesn't matter what jobs are credited in that booming Obama economy does it?

Stunning support and ignorance of data

You going to tell me that 900 billion dollars a year GDP dollar growth is the same as 500 billion GDP dollar growth is the same because the percentage change is the same? wow, amazing what loyalty you have to liberalism showing again that apparently you don't bite the hand that feeds you

I will remind you of the OP, 199,000 jobs created in December from the Biden economy
Trump had the worst gdp growth since hoover
 
As you like to say, context matters. While U-6 was 9.3% when Obama left office, it was 14% when he entered office. That's an amazing drop. It was also 11% when Trump left office.
fredgraph.png
Again, you want to ignore that Congress was under Democratic Control when the recession began and the U-6 was 9.2% and it was 9.3% when Obama left office, those kind of results don't give you any credibility when you make statements like yours and post charges. The target was 9.2 not what the Democratic Party gave Obama when he took office.
 
My point is that it isn't federal responsibility to raise the minimum wage as that can be done by the states. Imagine that, Trump taking credit for something as we know that Obama and Biden never did that. Why should the federal gov't usurp state and local responsibilities regarding wages?
I'm not going to derail the thread by expanding it to the role of the federal government. The only thing that matters is that the federal government has the legal authority to raise the national minimum wage and never did under Trump, who was glad to take credit for states raising the wages of low wage earners.
 
As you like to say, context matters. While U-6 was 9.3% when Obama left office, it was 14% when he entered office. That's an amazing drop. It was also 11% when Trump left office.
fredgraph.png
We know now why you converted to the liberal ideology but still not sure why as none of what you posted supports your claims under Reagan nor does it support what you personally did to better yourself, getting a better degree?? How conservative of you
 
I'm not going to derail the thread by expanding it to the role of the federal government. The only thing that matters is that the federal government has the legal authority to raise the national minimum wage and never did under Trump, who was glad to take credit for states raising the wages of low wage earners.
Yes it does have the authority just like in so many others issues but that doesn't change the reality that on this and every other issue states have that authority and people like you cannot sell your liberal ideology to many so you want the federal gov't to force it on the states, why? States gave term limits the federal bureaucrats don't

You already tried to derail the thread with out of context comments and charts on Obama GDP and U-6
 
Again, you want to ignore that Congress was under Democratic Control when the recession began and the U-6 was 9.2% and it was 9.3% when Obama left office, those kind of results don't give you any credibility when you make statements like yours and post charges. The target was 9.2 not what the Democratic Party gave Obama when he took office.
We've been through this before and you never answered the question, "what did that Democratic Congress pass that caused the Great Recession?" You never answer because they didn't pass anything that caused it.

Your purpose in life seems to be blaming Democrats, fairly or unfairly.
 
the problem isn't enough labor. We have people sitting on the sidelines - not just baby boomers retiring
Also the 2 million migrant encounters +500k "get away" crossing the border are largely unskilled
I mean the illegals are already in lawn maintanance roofing, and other decent paying jobs
Automation is reducing unskilled jobs -where are these migrant going to work?

Then we added more H-1B visia under Biden -which brings in foreign skilled professional labor

US President-elect Joe Biden plans to increase the number of high-skilled visas, including the H-1B, and eliminate the limit on employment-based visas by country, both of which are expected to benefit tens of thousands of Indian professionals impacted by some immigration policies of the outgoing Trump administration.
What advances in automation are reducing unskilled labor? The jobs that are going to be lost to automation were largely lost in the 80's and 90's. The low hanging fruit was picked long long ago.

The current SotA in automation enables workers to utilize automation like a tool. It's adding capability, moving workers out of hazardous environments, and reducing overuse injuries. The skills that humans provide is absolutely vital, and will be for the foreseeable future.

The fear mongering idea that AI and machine learning are going to replace people is largely the result of snake oil salesmen who sell BS to VCs. Reducing the error rate of any machine learning system by a factor of 2 requires an increase in computations of roughly 10^5-10^9th, ie not really practical.
 
We've been through this before and you never answered the question, "what did that Democratic Congress pass that caused the Great Recession?" You never answer because they didn't pass anything that caused it.

Your purpose in life seems to be blaming Democrats, fairly or unfairly.
Glass Steagall signed by Clinton, no Freddie and Fannie control recommended by Bush to the Democratic Congress that took charge in January 2007
 
First, calling the lockdown "insane" is insane. Had there not been lockdowns, millions of Americans would have died from Covid that first year.
Second, Trump NEVER agreed to lockdowns because he was more concerned about getting re-elected than mitigating deaths.
Third, let's look at economic performance of Obama and Trump -- excluding that pandemic year.
mtp_fs_data_download_1b_2020_08_23.png
mtp_fs_data_download_2b_2020_08_23_1.png
sure Trump agreed to lockdowns. Trump wanted to end them earlier (like Florida did)butt he signed onto that strategy. 30 days.

Lockdown never stopped the spread or reduced the spread. -it was a bogus theory and it crippled our economy without
"saving lives." The only reason for lockdowns was not to overwhelm hospitals -
and then Trump built a bunch for NY and Cuomo didnt use them or the USS Mercy hospital ship..and sent COVID+ back into nursing homes

Desantis on the other hand did the 30 day lockdown but prioritized seniors for vaxxing and shut down nursing homes
from visitors -protecting the must vulnerable from COVID
 
To sum up what many Democrats in here are saying... the economy has been great so long as you're heavily invested in the stock market or already have enough money put aside to retire early not worry about work.

For those of you who can't afford to buy gas - get a Tesla!
For those of you who can't afford to buy bread - eat cake instead!


Don't worry. Once your savings are dried up and inflation has substantially reduced your standard of living, the Democrats will be there with more spending proposals.
 
What advances in automation are reducing unskilled labor? The jobs that are going to be lost to automation were largely lost in the 80's and 90's. The low hanging fruit was picked long long ago.

The current SotA in automation enables workers to utilize automation like a tool. It's adding capability, moving workers out of hazardous environments, and reducing overuse injuries. The skills that humans provide is absolutely vital, and will be for the foreseeable future.

The fear mongering idea that AI and machine learning are going to replace people is largely the result of snake oil salesmen who sell BS to VCs. Reducing the error rate of any machine learning system by a factor of 2 requires an increase in computations of roughly 10^5-10^9th, ie not really practical.
I get the fact unskilled labor replacement also opens up other jobs. but those arent unskilled
we are talking unskilled labor flooding the country, as well as existing unsjkilled -and the trend is accelerating

 
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