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288,000 Jobs Added in April--Unemployment Down to 6.3%

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Post by Punisher98 2014-05-02, 11:39

288,000 Jobs Added in April--Unemployment Down to 6.3% 969504605

http://www.forbes.com/sites/samanthasharf/2014/05/02/jobs-report-u-s-economy-added-288k-jobs-in-april-unemployment-down-to-6-3/
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Post by LoneWolfSparty 2014-05-02, 11:41

SWILL BIN
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Post by Punisher98 2014-05-02, 11:48

LoneWolfSparty wrote:SWILL BIN

Lol my bad, didn't know there was a separate board for it here.

Figures though that you're butthurt about this news.... 288,000 Jobs Added in April--Unemployment Down to 6.3% 502811600 
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Post by Crazy Jim9 2014-05-02, 11:50

I am not a fan of politics usually, so I am not even going to open this thread. I will not read it, I will not post in it!

DELETE MY ACCOUNT!!!!!

 288,000 Jobs Added in April--Unemployment Down to 6.3% 4198636888 288,000 Jobs Added in April--Unemployment Down to 6.3% 1494614055 
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Post by gomersbro 2014-05-02, 11:53

288k or 2k?  scratch Not this shit again!
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Post by Keith Stone 2014-05-02, 11:56

I'm currently looking for a new job, can't find shit. I don't trust these numbers.
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Post by Guest 2014-05-02, 12:44

Start here: The number of jobs rose by 288,000, but the number of Americans who are employed fell by 73,000. How is that possible? The two numbers are based on separate surveys, one of businesses (which gives us the number of “nonfarm jobs” added or lost each month) and one of households (which gives us the number of people who are employed and unemployed). Theoretically, it’s possible for one to rise and the other to fall, because one person can have multiple jobs. But more often, when the two surveys diverge, it’s the result of measurement error.

http://fivethirtyeight.com/datalab/a-really-weird-jobs-report/

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Post by The_Dude 2014-05-02, 12:56

Lol at any numbers put out by this administration. Economy still sucks and its not debatable. Until we get an administration that doesn't live in theory and is willing to let business flourish we will be stagnant. That's a fact, Jack.
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Post by Ruckus 2014-05-02, 13:12

Keith Stone wrote:I'm currently looking for a new job, can't find shit. I don't trust these numbers.
Not to get sucked into a political debate because **** politics but you do realize that your experience means nothing as it compared to the entire overall economy? Things may be great. Things may be terrible. One dude being unable to find work is a sign of neither.
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Post by Cym Jim 2014-05-02, 13:32

The_Dude wrote:Lol at any numbers put out by this administration. Economy still sucks and its not debatable. Until we get an administration that doesn't live in theory and is willing to let business flourish we will be stagnant.  That's a fact, Jack.

Dow Jones Industrial Average
Dow Jones Indices: .DJI - May 2 1:30 PM ET
16,513.86


 288,000 Jobs Added in April--Unemployment Down to 6.3% 969504605
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Post by Keith Stone 2014-05-02, 13:35

Ruckus wrote:
Not to get sucked into a political debate because **** politics but you do realize that your experience means nothing as it compared to the entire overall economy?  Things may be great.  Things may be terrible.  One dude being unable to find work is a sign of neither.

OHRLYOWL.jpg
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Post by Watch Out Pylon! 2014-05-02, 13:49

Thanks Obama.
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Post by The_Dude 2014-05-02, 14:08

Cym Jim wrote:

Dow Jones Industrial Average
Dow Jones Indices: .DJI - May 2 1:30 PM ET
16,513.86


 288,000 Jobs Added in April--Unemployment Down to 6.3% 969504605

Yeah, keeping interest rates at historic lows with the Fed printing 80 billion each month has made the DOW do well.  In reality, you want to the DOW to be doing well because company's are expanding, we are having good economic growth, and people are making more money.  None of that is true.  This is why the Fed hasn't stopped QE (look it up) and have to artificially keep interest rates at all time lows.

This is why you are called a sheep, but most people in this country are one way or another so don't feel so bad.  Wink 
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Post by LoneWolfSparty 2014-05-02, 14:12

Seriously, please move this to the swill bin.
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Post by tTito 2014-05-02, 14:15

288,000 seasonal Mexicans showed up on a bus this week. Thanks Obama!
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Post by The_Dude 2014-05-02, 14:24

LoneWolfSparty wrote:Seriously, please move this to the swill bin.

Are you really this much of a pussy? You get that nervous/anxious/upset seeing a thread about the economy?  Neutral 
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Post by AvgMSUJoe 2014-05-02, 14:30

The_Dude wrote:

Yeah, keeping interest rates at historic lows with the Fed printing 80 billion each month has made the DOW do well.  In reality, you want to the DOW to be doing well because company's are expanding, we are having good economic growth, and people are making more money.  None of that is true.  This is why the Fed hasn't stopped QE (look it up) and have to artificially keep interest rates at all time lows.

This is why you are called a sheep, but most people in this country are one way or another so don't feel so bad.   Wink 

You realize for companies to expand they need sales and for them to have sales customers need money... and for customers to have money they need jobs and raises... but all the money is staying at the top.

288,000 Jobs Added in April--Unemployment Down to 6.3% 20111029_WOC689

So essentially, until the Reagan tax structure is reversed... this is what we have.

But since the conservative court allows the wealthy to purchase influence out in the open... this shit aint changing anytime soon.

Enjoy the second gilded age, you voted for it!
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Post by AvgMSUJoe 2014-05-02, 14:45

This is the scary part... saving are gone for 90% of the country. No where left to go. Shits gunna get worse before it gets better.

288,000 Jobs Added in April--Unemployment Down to 6.3% Us-personal-saving-rate

US has historically low tax rates and Koch brothers still manage to create the "TEA party" and have 30% of the country vote against their own financial interests... to the point they will shut the doors rather than bump the top rates to force money down the income ladder. We FKED.
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Post by WCS 2014-05-02, 14:47

AvgMSUJoe wrote:

You realize for companies to expand they need sales and for them to have sales customers need money... and for customers to have money they need jobs and raises... but all the money is staying at the top.

288,000 Jobs Added in April--Unemployment Down to 6.3% 20111029_WOC689

So essentially, until the Reagan tax structure is reversed... this is what we have.

But since the conservative court allows the wealthy to purchase influence out in the open... this shit aint changing anytime soon.

Enjoy the second gilded age, you voted for it!

what's wrong with the top 1% growing? you take them out of the equation and others don't automatically grow. it's not a zero sum situation here.

the problem with obama is that his policies have hurt the poor and the middle class. rather than worrying about the top 1%, we need to implement policies that help the poor and middle class regardless of how much it helps the top 1%.
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Post by WCS 2014-05-02, 14:59

AvgMSUJoe wrote:This is the scary part... saving are gone for 90% of the country. No where left to go. Shits gunna get worse before it gets better.

288,000 Jobs Added in April--Unemployment Down to 6.3% Us-personal-saving-rate

US has historically low tax rates and Koch brothers still manage to create the "TEA party" and have 30% of the country vote against their own financial interests... to the point they will shut the doors rather than bump the top rates to force money down the income ladder. We FKED.

wow...logical fallacy is obvious.

the chart has nothing to do with what you stated....
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Post by The_Dude 2014-05-02, 15:01

tVargman Prime wrote:

what's wrong with the top 1% growing? you take them out of the equation and others don't automatically grow. it's not a zero sum situation here.

the problem with obama is that his policies have hurt the poor and the middle class. rather than worrying about the top 1%, we need to implement policies that help the poor and middle class regardless of how much it helps the top 1%.

Yeah, but instead of talking about his miserable policies that have crippled the middle and lower classes, it's just so much easier to point the finger at the 1% with a GET EM!!! type attitude.

If you look at unemployment rates among minorities and household incomes for the middle and lower class, they are beyond abysmal under Obama. You know what the most ironic thing is though? The liberals can only champion how well the DOW is doing (due to the Fed), but that only increases wealth inequality. You seriously can't make up the spin coming from the left these days. Obama's policies have killed the middle/lower class, yet all we her about is some old white dude with cancer who's a racist. And we wonder why our country has become an embarrassment.
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Post by AvgMSUJoe 2014-05-02, 15:01

tVargman Prime wrote:
what's wrong with the top 1% growing? you take them out of the equation and others don't automatically grow. it's not a zero sum situation here.

the problem with obama is that his policies have hurt the poor and the middle class. rather than worrying about the top 1%, we need to implement policies that help the poor and middle class regardless of how much it helps the top 1%.

Pre 1980, the tax structure was such that the money was forced to the 99% or else it was taxed at a stupid rate. That is why there were fully funded pensions and people could afford a house, two cars, college for the kids, and a place up north on a single income. Now, there is no inducement for the top to "trickle down" the wealth.

Plutocracy.

288,000 Jobs Added in April--Unemployment Down to 6.3% Extreme_inequalitychart
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Post by AvgMSUJoe 2014-05-02, 15:06

tVargman Prime wrote:
wow...logical fallacy is obvious.

the chart has nothing to do with what you stated....

Sure it does. The middle class has no more money. Tapped out. Nowhere to go.  affraid 
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Post by The_Dude 2014-05-02, 15:16

AvgMSUJoe wrote:

Sure it does. The middle class has no more money. Tapped out. Nowhere to go.  affraid 

So why can't we create NEW good paying jobs for the middle class?

We had a strong middle class half century ago because you could graduate high school and start a labor job that could afford you a solid middle class lifestyle. Long gone are the days of a 20 year old working labor for most of his life and being able to afford a house and two kids. People didn't adapt with the times, specifically the unions who's greed cost a lot of people.

Instead of bashing the 1%, why don't you focus on how to bring up everyone else? Wealth isn't a finite pie. We aren't creating any new good paying jobs today because we have a hostile business environment, whacked out corporate taxes that have led to companies and manufacturing fleeing our country, and anti-economic growth policies in place.

The energy boom in this country that Obama hasn't let go, would develop trillions of dollars (yes, trillions) in new wealth and lead to really good paying jobs for the average joe. We just have a POTUS who couldn't run a lemonade stand profitably in charge.

In 2016, we as a country need a pro growth POTUS who is willing to let the private sector roar.
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Post by LoneWolfSparty 2014-05-02, 15:17

The_Dude wrote:

Are you really this much of a pussy?  You get that nervous/anxious/upset seeing a thread about the economy?   Neutral 

Well, I have heard that you are what you eat, you giant black cock.
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Post by AvgMSUJoe 2014-05-02, 15:18

The_Dude wrote:
Yeah, but instead of talking about his miserable policies that have crippled the middle and lower classes, it's just so much easier to point the finger at the 1% with a GET EM!!! type attitude.

This problem started with Reagan and was perpetuated by Clinton and W. Obama hasn't had a economic policy of his own to take credit/blame for. Came in after W's depression/stimulus, then the tea party closed down the govt anytime tax rates are even discussed.

Why the hell do you think the TEA party hates Obamacare so much? All arguments are irrelevant until you follow the money. The ACA is written to tax the wealthy to pay for the subsidies of the poor. Koch's created the TEA party to lower their (historically low) taxes PERIOD. Cause their daddy worked hard to make money off the nazis. You think any of the dbags with the "dont tread on me" bumper stickers know where their beloved movement was created and what it was created for? I get that they are pissed. But watching "American's for Prosperity" commercials during Dancing with the stars doesn't make one an informed citizen.
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Post by The_Dude 2014-05-02, 15:31

AvgMSUJoe wrote:

This problem started with Reagan and was perpetuated by Clinton and W. Obama hasn't had a economic policy of his own to take credit/blame for. Came in after W's depression/stimulus, then the tea party closed down the govt anytime tax rates are even discussed.

Why the hell do you think the TEA party hates Obamacare so much? All arguments are irrelevant until you follow the money. The ACA is written to tax the wealthy to pay for the subsidies of the poor. Koch's created the TEA party to lower their (historically low) taxes PERIOD. Cause their daddy worked hard to make money off the nazis. You think any of the dbags with the "dont tread on me" bumper stickers know where their beloved movement was created and what it was created for? I get that they are pissed. But watching "American's for Prosperity" commercials during Dancing with the stars doesn't make one an informed citizen.

We will agree to disagree. I believe in individual liberty, free markets, and limited gov't as the means to ensuring a strong country. You believe in taxing the rich and big gov't as way to prosperity.

All I can tell you is you are wrong and harboring resentment towards those more successful than you doesn't do anyone any good. I remember the days when we would see someone with more wealth and say 'gee, I want to be like him!' Nowadays, we have a major political party who's strategy is to villify and slander successful people (but only those who disagree with them, not the hypocrites in Hollywood, etc. Only the rich on the 'other' side.) Personally, spreading hate and resentment doesn't seem like a good strategy. But it works, because people who are failures in life or don't make money can feel good about themselves because a politician told them it's the rich that put them in their lot.
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Post by Punisher98 2014-05-02, 15:40

LoneWolfSparty wrote:Seriously, please move this to the swill bin.

 288,000 Jobs Added in April--Unemployment Down to 6.3% 502811600 288,000 Jobs Added in April--Unemployment Down to 6.3% 502811600 

This is coming from the same dude that said that "Liberals only care about the death of innocent children but want scumbags like this to be alive" in the failed execution thread on RCMB. That was before it went to Wells.

What a joke
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Post by Punisher98 2014-05-02, 15:42

Also all I've read in this thread from Cons pretty much is a bunch of spin and excuse-making. Seems like Obama's economic policies are working. Spin away, great news for America today.
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Post by AvgMSUJoe 2014-05-02, 15:52

The_Dude wrote:
We will agree to disagree.  I believe in individual liberty, free markets, and limited gov't as the means to ensuring a strong country.  You believe in taxing the rich and big gov't as way to prosperity.

All I can tell you is you are wrong and harboring resentment towards those more successful than you doesn't do anyone any good.  I remember the days when we would see someone with more wealth and say 'gee, I want to be like him!'  Nowadays, we have a major political party who's strategy is to villify and slander successful people (but only those who disagree with them, not the hypocrites in Hollywood, etc.  Only the rich on the 'other' side.)  Personally, spreading hate and resentment doesn't seem like a good strategy.  But it works, because people who are failures in life or don't make money can feel good about themselves because a politician told them it's the rich that put them in their lot.

I really don't have resentment toward self-made rich people. I know I wont ever be rich and I accepted that long ago. I really am not in favor of "big govt" either. Self-made rich who had the big idea and/or worked their way to success should be held in a certain regard, we are in America after all.

The peeps that get vilified are the entitled silver spoon inherited 1%ers that use their wealth to purchase the democracy/capitalism out from under the rest of us. (at least that is my assertion)

Unchecked capitalism inherently leads to plutocracy. The things that kept that in check after the great depression (govt regulations promoting competition, top tax rates, inheritance taxes) have all gone away.... pale 
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Post by Watch Out Pylon! 2014-05-02, 15:56

A Wells thread on the main board. Awesome. Where's the gun control talk? George Zimmerman is a cold blooded murderer. France is a great country!

 288,000 Jobs Added in April--Unemployment Down to 6.3% 4198636888 
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Post by WBill 2014-05-02, 16:18

Anyone want to brag about GDP growing .1 % in the first quarter.
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Post by LoneWolfSparty 2014-05-02, 16:24

WBill wrote:Anyone want to brag about GDP growing  .1 % in the first quarter.

Nope, they;d rather jerk themselves over 288,000 jobs, despite the fact that unemployment claims climbed by 73,000!  288,000 Jobs Added in April--Unemployment Down to 6.3% 1494614055 
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Post by Gob Bluth 2014-05-02, 18:48

Keith Stone wrote:I'm currently looking for a new job, can't find shit. I don't trust these numbers.

Have you tried showing up for interviews without a cube of beer on your shoulder?
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Post by tTito 2014-05-02, 18:50

 
Gob Bluth wrote:

Have you tried showing up for interviews without a cube of beer on your shoulder?

 288,000 Jobs Added in April--Unemployment Down to 6.3% 502811600 
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Post by The_Dude 2014-05-03, 10:27

This thread is 10x better than any Wells thread. No personal attacks, solid discussion. Just some reasonable people with some differences.

I just want to point out though that top tax rates are lower than they have been, but there are numerous tax deductions that the rich can't use compared to 20 or 30 years ago. Go look up what used to be write offs. Instead of looking at the rate, look at the overall % of federal taxes paid by the top.
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288,000 Jobs Added in April--Unemployment Down to 6.3% Empty Re: 288,000 Jobs Added in April--Unemployment Down to 6.3%

Post by Duke Silver 2014-05-03, 12:23

The_Dude wrote:This thread is 10x better than any Wells thread. No personal attacks, solid discussion. Just some reasonable people with some differences.

I just want to point out though that top tax rates are lower than they have been, but there are numerous tax deductions that the rich can't use compared to 20 or 30 years ago. Go look up what used to be write offs. Instead of looking at the rate, look at the overall % of federal taxes paid by the top.

Lets just hope that matthatter or rogue leader don't show up.
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288,000 Jobs Added in April--Unemployment Down to 6.3% Empty Re: 288,000 Jobs Added in April--Unemployment Down to 6.3%

Post by Gob Bluth 2014-05-03, 14:12

The_Dude wrote:This thread is 10x better than any Wells thread. No personal attacks, solid discussion. Just some reasonable people with some differences.

Aside from you calling Wolf a pussy, and him firing back that you eat big black cock, you're right!
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288,000 Jobs Added in April--Unemployment Down to 6.3% Empty Re: 288,000 Jobs Added in April--Unemployment Down to 6.3%

Post by Other Teams Pursuing That 2014-05-03, 14:34

Gob Bluth wrote:

Aside from you calling Wolf a pussy, and him firing back that you eat big black cock, you're right!

 288,000 Jobs Added in April--Unemployment Down to 6.3% 1966794946 
Other Teams Pursuing That
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288,000 Jobs Added in April--Unemployment Down to 6.3% Empty Re: 288,000 Jobs Added in April--Unemployment Down to 6.3%

Post by The_Dude 2014-05-03, 18:21

Gob Bluth wrote:

That's because he came here to troll. It's all good.
Aside from you calling Wolf a pussy, and him firing back that you eat big black cock, you're right!
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288,000 Jobs Added in April--Unemployment Down to 6.3% Empty Re: 288,000 Jobs Added in April--Unemployment Down to 6.3%

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