• Due to a glitch in the old vBulletin software, some users were "banned" when they tried to change their passwords at the end of February. This does not apply after the site was converted to Xenforo. If you were affected by this, please contact us.




Unemployment continues to fall under Obama

Mr Aphorisms

Well-known member
Joined
Apr 24, 2011
Messages
6,084
Twitter
crimesofbrits
According to the bureau of labor statistics and others, it seems once again, the so-called 'leftists' who are ostensible leftists verily, are actually more right wing than the right wing themselves in terms of cutting deficits, lowering crime rates and augmenting economic growth. Now, the figures show they lower unemployment under their watch as well.

I'm sure not all these jobs are well paid or decent jobs, probably a lot like Ireland's 'recovery' but in the context of American politics, as the article below states:

'Jesse Lee, White House Director of Progressive Media and Online Response, remarked wryly on Twitter, “In alt universe where Romney won, these #s would be getting chiseled under his face on Mount Rushmore as we speak.”'

President Obama is Officially America's Greatest Job Creator President

According to other scholars, unemployment is at 42% in America.

Donald Trump repeats Pants on Fire claim that unemployment rate could be 42 percent | PolitiFact
 


GDPR

1
Joined
Jul 5, 2008
Messages
224,089
According to the bureau of labor statistics and others, it seems once again, the so-called 'leftists' who are ostensible leftists verily, are actually more right wing than the right wing themselves in terms of cutting deficits, lowering crime rates and augmenting economic growth. Now, the figures show they lower unemployment under their watch as well.

I'm sure not all these jobs are well paid or decent jobs, probably a lot like Ireland's 'recovery' but in the context of American politics, as the article below states:

'Jesse Lee, White House Director of Progressive Media and Online Response, remarked wryly on Twitter, “In alt universe where Romney won, these #s would be getting chiseled under his face on Mount Rushmore as we speak.”'

President Obama is Officially America's Greatest Job Creator President

According to other scholars, unemployment is at 42% in America.

Donald Trump repeats Pants on Fire claim that unemployment rate could be 42 percent | PolitiFact
That is good news about the unemployment rate. The rate has lowered for 78 months! That is great, and most of the jobs were in private industry.

The "other scholars" should be singular "the other scholar" a man who worked for Reagan. I bet if the POTUS was a Republican he would not be saying the unemployment rate was 42%. imho though, I don't think any POTUS influences the economy as much as people claim.
 

Gwannow

Well-known member
Joined
Jun 30, 2016
Messages
864
It's no secret that Obama is a good president - Republicans just keep ranting on with the lie that he's a failure. Very much looking forward to Hillary's term. It can only get better for ordinary Americans with a Democratic Senate and a few new decent Supreme Court judges. Roll on November.
 

Civic_critic2

Well-known member
Joined
Nov 29, 2008
Messages
4,904
For one thing the numbers are probably false to begin with. Secondly it's an election year, all politicians manage to flush money and jobs into the economy about 12 months before re-election, it's a tactic not a stable economic policy. The west is bankrupt.
 

stopdoingstuff

Well-known member
Joined
Feb 26, 2011
Messages
22,904
Cool, now parse the statistics and tell me where most jobs have been created- bar tending or manufacturing? Also, you know that once people have been unemployed for a certain length of time, they are taken off the list? In addition, what specific policy did Obama undertake that caused this?
 

Mr Aphorisms

Well-known member
Joined
Apr 24, 2011
Messages
6,084
Twitter
crimesofbrits
It's no secret that Obama is a good president - Republicans just keep ranting on with the lie that he's a failure. Very much looking forward to Hillary's term. It can only get better for ordinary Americans with a Democratic Senate and a few new decent Supreme Court judges. Roll on November.
Personally, I wouldn't say he's a good president, mainly to do with his foreign policy and more recently, his promulgation of the benefits of free trade, such as his lust for abolishing 18,000 tariffs.

Still, in terms of America and what republicans and libertarians accuse him of being bad at, the economy, he has been brilliant by their standards. If not exceptional.
 

aldiper

Well-known member
Joined
Jun 3, 2011
Messages
1,146
Not that I take any sides in the US political divide, both parties being two cheeks of the same arse IMHO, but you need to treat the claims made in that article with a bit of scepticism.

I mean, loads of people lost their jobs back in the Great Recession, so I imagine that many of these "newly created" jobs are just those that replaced the ones lost during the last recession.

If you're measuring improvement from one of the worst troughs in recent memory, then of course you're going to look great.


These figures are also about jobs, not persons employed. So if someone takes on a a part-time job to make ends meet, the number of jobs will increase, while total employed persons (what we really care about) will remain stagnant.

In the context of previous bouts of job growth, the growth rate hasn't exactly been phenomenal


Of course, Obama could pass solid gold stools and Republicans would still think he's sh*t, but that's a different (and entirely predictable) matter.
 

Dame_Enda

Well-known member
Joined
Dec 14, 2011
Messages
53,168
Gallup says "real unemployment' is 9.7%. See Gallup.com. economic confidence is at minus 12%.
 
Joined
Sep 24, 2014
Messages
6,945
Website
www.merrionstreet.ie
LOL

In America you eventually are taking off the figures after so long, its not that those unemployed are finding work its because they are no longer counted as unemployed!
 

NYCKY

Moderator
Joined
Apr 17, 2010
Messages
13,149
Cool, now parse the statistics and tell me where most jobs have been created- bar tending or manufacturing? Also, you know that once people have been unemployed for a certain length of time, they are taken off the list? In addition, what specific policy did Obama undertake that caused this?
The Labor participation rate is the lowest its been in 40 years, something that the OP forgot to mention. It's called massaging statistics.
 

PC Principle

Well-known member
Joined
Jul 12, 2016
Messages
4,982
According to the bureau of labor statistics and others, it seems once again, the so-called 'leftists' who are ostensible leftists verily, are actually more right wing than the right wing themselves in terms of cutting deficits, lowering crime rates and augmenting economic growth. Now, the figures show they lower unemployment under their watch as well.

I'm sure not all these jobs are well paid or decent jobs, probably a lot like Ireland's 'recovery' but in the context of American politics, as the article below states:

'Jesse Lee, White House Director of Progressive Media and Online Response, remarked wryly on Twitter, “In alt universe where Romney won, these #s would be getting chiseled under his face on Mount Rushmore as we speak.”'

President Obama is Officially America's Greatest Job Creator President

According to other scholars, unemployment is at 42% in America.

Donald Trump repeats Pants on Fire claim that unemployment rate could be 42 percent | PolitiFact
Don't be such an idiot.

The End.
 

mossyman

Well-known member
Joined
Dec 8, 2009
Messages
5,060
They abolished chattel slavery in America and replaced it with wage slavery. End of story.
 

GDPR

1
Joined
Jul 5, 2008
Messages
224,089
According to the bureau of labor statistics and others, it seems once again, the so-called 'leftists' who are ostensible leftists verily, are actually more right wing than the right wing themselves in terms of cutting deficits, lowering crime rates and augmenting economic growth. Now, the figures show they lower unemployment under their watch as well.

I'm sure not all these jobs are well paid or decent jobs, probably a lot like Ireland's 'recovery' but in the context of American politics, as the article below states:

'Jesse Lee, White House Director of Progressive Media and Online Response, remarked wryly on Twitter, “In alt universe where Romney won, these #s would be getting chiseled under his face on Mount Rushmore as we speak.”'

President Obama is Officially America's Greatest Job Creator President

According to other scholars, unemployment is at 42% in America.

Donald Trump repeats Pants on Fire claim that unemployment rate could be 42 percent | PolitiFact

The labour market conditions index that came out last Friday was the worst since 2010. The official US employment figure is about 4.5% but that does not include millions of people who have been struck off the live register because they have finally given up trying to find work. Apart from that, one of the main factors preventing the FED hiking interest rates even moderately is stagnant wage growth. The jobs that are being created are low grade Macjobs.
 

owedtojoy

Well-known member
Joined
Feb 27, 2010
Messages
46,652
According to the bureau of labor statistics and others, it seems once again, the so-called 'leftists' who are ostensible leftists verily, are actually more right wing than the right wing themselves in terms of cutting deficits, lowering crime rates and augmenting economic growth. Now, the figures show they lower unemployment under their watch as well.

I'm sure not all these jobs are well paid or decent jobs, probably a lot like Ireland's 'recovery' but in the context of American politics, as the article below states:

'Jesse Lee, White House Director of Progressive Media and Online Response, remarked wryly on Twitter, “In alt universe where Romney won, these #s would be getting chiseled under his face on Mount Rushmore as we speak.”'

President Obama is Officially America's Greatest Job Creator President

According to other scholars, unemployment is at 42% in America.

Donald Trump repeats Pants on Fire claim that unemployment rate could be 42 percent | PolitiFact
It is true that the recovery has been slow, but there is a reason for this ... one is the recession was the worst since the 1930s, and the recovery from that did not really happen until the US started getting orders for armaments from Britain and France ...

The other big reason is the Republican congress, for whom European-style austerity was the solution to the problem.

Remember the deficit strutting (we hear little about it these days), the government shutdowns, the Tea Party hissyfits, the threats to the debt ceiling and reneging on US debt? These were all negated, and what the f*ck were the all about? The dire prophecies of "economic meltdown" were clearly a load of propaganda cr*p.

If Hillary Clinton gets elected, expect more of the same. If Trump gets elected, these is going to be such an unholy cockup, these issues will be small potatoes.
 

Mr Aphorisms

Well-known member
Joined
Apr 24, 2011
Messages
6,084
Twitter
crimesofbrits
The Labor participation rate is the lowest its been in 40 years, something that the OP forgot to mention. It's called massaging statistics.
Actually, it's in the politifact link. I get screamed at and the thread instantly derailed if it's more than five paragraphs, now I get screamed at when I just throw out the links.

During the most recent month -- January 2016 -- the unemployment rate was 4.9 percent, its lowest level since February 2008.

Not factored into this calculation, however, are people who are not currently looking for work. This is a longstanding concern for economists, because at least some of those people who aren’t looking for work right now might prefer to be looking for work but don’t feel they have a shot in the current job market
I'm well aware of the labor participation rate and the fact that figures of course are messaged and I even stated the jobs created probably aren't great or well paid. Still, this is contrary to the dooms day nonsense the republicans and libertaryans tell us the 'socialist' Obama is getting wrong.

Deficit down, wall street up, unemployment down, taxes for middle class cut and so on. Everything you lot are supposedly for, but because he is supposedly PC he's a communist or whatever. And that's not hyberbole, you know what the tea bagger crakkkers say he is.

A very good capitalist Obama, it must be said. Far better than the headcase 'socialism' and 'big government' of Reagan and George W. Bush.
 

Mr Aphorisms

Well-known member
Joined
Apr 24, 2011
Messages
6,084
Twitter
crimesofbrits
The labour market conditions index that came out last Friday was the worst since 2010. The official US employment figure is about 4.5% but that does not include millions of people who have been struck off the live register because they have finally given up trying to find work. Apart from that, one of the main factors preventing the FED hiking interest rates even moderately is stagnant wage growth. The jobs that are being created are low grade Macjobs.
Yes, I agree with the labor participation. However, on the point of useless jobs, let's remember we're talking about America.

I've never heard so much guff in my life from far-right headcases going wild about low paying jobs, the likes of Ben Shapiro and other nuts. These are the same people who oppose the minimum wage or any rise to it, demand cuts to medicare and medicare, demand cuts to social security that is subsidizing corporations too lazy to pay workers a wage they can live on. And yet, these are the same people going mad at Obama because the jobs aren't 60,000 dollar a year jobs? Imagine what their alternative is? Even look at the likes of Peter Schiff given free reign on business networks who states he'd pay people about 3 dollars an hour for work he considers mentally retarded. Spare me this republican concern for the working class. That ended with Eisenhower. Well, white working class.

Are you aware of opposition to right wingers like Obama from the far-right in America?
 

owedtojoy

Well-known member
Joined
Feb 27, 2010
Messages
46,652
The Labor participation rate is the lowest its been in 40 years, something that the OP forgot to mention. It's called massaging statistics.
Labour force participation has dropped from 67% in 2005 to 62% today.

Oh, wow. A drop of 3 to 5-percentage-points. This means war.

And it was at 65% when Bush left office.

Do people actually know what they are talking about here? "Labour participation" is the % actually seeking work.

Yes, that is dropping but the reason most favoured by economists (and the one given by the Congressional Budget Office) is that baby-boomers born in the 1950s are now retiring, and not being replaced because of the drop in the birthrate. A simple explanation that has to be covered up by propagandists.

The chart Obama-haters love most, and the truth behind it

"The CBO says that roughly half of the three-percentage-point decline in labor-force participation since the end of 2007 is due to the aging of the workforce. (For the record, it’s not just the CBO. A range of other papers—here, here, and here for example—have come up with similar results."
 

Mr Aphorisms

Well-known member
Joined
Apr 24, 2011
Messages
6,084
Twitter
crimesofbrits
How many of these employed people are still living in poverty though...
Sure, if there were plans to make corporations pay a decent wage instead of the government having to subside workers, you'd be the first to scream about it demanding socialism come to and end and more,

It really is comical all of these fanatical right wingers screaming about Obama the 'leftist' when he is the antithesis of their guff they attribute to him and actual supports their policies of capitalism, low taxes, low unemployment, business friendly, wall street friendly and so on. Of course, because he is not screaming 'radical Islamic terror' he must be a communist and 'leftist'.
 

GDPR

1
Joined
Jul 5, 2008
Messages
224,089
It is true that the recovery has been slow, but there is a reason for this ... one is the recession was the worst since the 1930s, and the recovery from that did not really happen until the US started getting orders for armaments from Britain and France ...

The other big reason is the Republican congress, for whom European-style austerity was the solution to the problem.

Remember the deficit strutting (we hear little about it these days), the government shutdowns, the Tea Party hissyfits, the threats to the debt ceiling and reneging on US debt? These were all negated, and what the f*ck were the all about? The dire prophecies of "economic meltdown" were clearly a load of propaganda cr*p.

If Hillary Clinton gets elected, expect more of the same. If Trump gets elected, these is going to be such an unholy cockup, these issues will be small potatoes.
Relevant because it was a Republican in Congress: one Republican is now regretting his slashing of flood aid for Louisiana now that a lot of Baton Rouge has gone under water. No flood defences set up beforehand, no money to pay his constituents for repairs. He had been so proud he'd cut the money back then, but now...

I hope he loses his seat.
 

Bleu Poppy

Well-known member
Joined
Apr 1, 2010
Messages
4,570
According to the bureau of labor statistics and others, it seems once again, the so-called 'leftists' who are ostensible leftists verily, are actually more right wing than the right wing themselves in terms of cutting deficits, lowering crime rates and augmenting economic growth. Now, the figures show they lower unemployment under their watch as well.

I'm sure not all these jobs are well paid or decent jobs, probably a lot like Ireland's 'recovery' but in the context of American politics, as the article below states:

'Jesse Lee, White House Director of Progressive Media and Online Response, remarked wryly on Twitter, “In alt universe where Romney won, these #s would be getting chiseled under his face on Mount Rushmore as we speak.”'

President Obama is Officially America's Greatest Job Creator President

According to other scholars, unemployment is at 42% in America.

Donald Trump repeats Pants on Fire claim that unemployment rate could be 42 percent | PolitiFact
Yeah, yeah, yeah.

All the poorly paid people in Ireland in their new jobs cannot afford to bid on houses (hence the continuing collapse in prices), are unable to pay rent (therefore the killing off of the homeless crisis) and are not buying new cars (leading to thousands of deaths and injuries because everybody is driving jalopies).
 

New Threads

Popular Threads

Most Replies

Top