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06-05-2015, 10:10 AM
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#1
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Valued Poster
Join Date: Jun 12, 2011
Location: Olathe
Posts: 16,815
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Unemployment is up...real unemployment of 10.8 %
Obama can lie and you can swallow but it does not change reality.
http://www.cnbc.com/id/102734623
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06-05-2015, 10:15 AM
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#3
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Account Disabled
Join Date: Jan 3, 2010
Location: Here.
Posts: 13,781
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According to the BLS, African Americans experienced an unemployment rate of 10.2 percent in May, up from 9.6 percent in April.
Meanwhile, the national average was 5.5 percent in May with whites experiencing an unemployment rate of 4.7 percent. Unemployment for Latinos was around the middle at 6.7 percent and Asians boasted the lowest unemployment rate with 4.1 percent. Wonder what the real unemployment rate is in the black community and if it is better or worse than before Obama's war on low wage earners (Obama floods America with cheap labor). Note the reported unemployment rate for latinos is about one-half what it is for blacks.....think Obama's immigration policies have anything to do with that ?
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06-05-2015, 10:34 AM
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#4
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Account Disabled
Join Date: Sep 3, 2011
Location: Here
Posts: 7,567
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Quote:
Originally Posted by Whirlaway
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Of course it's a sham. You can't have 93 million Americans out of the work force and one third of the population receiving government assistance and then boast a 5.5% unemployment rate.
Jim
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06-05-2015, 01:06 PM
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#5
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Account Disabled
Join Date: Apr 7, 2015
Location: Down by the River
Posts: 8,487
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Quote:
Originally Posted by JD Barleycorn
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Hey, that's kinda like you. You can lie and say you don't swallow, but it doesn't change reality.
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06-05-2015, 06:23 PM
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#6
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Account Disabled
Join Date: Jan 3, 2010
Location: Here.
Posts: 13,781
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Interesting. No response from the leftards in the forum......they run and hide from Obama's failure...I thought one of them might try and hijack it away from Obama.
Nope.
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06-05-2015, 06:41 PM
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#7
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Account Disabled
Join Date: Apr 7, 2015
Location: Down by the River
Posts: 8,487
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Quote:
Originally Posted by Whirlaway
Interesting. No response from the leftards in the forum......they run and hide from Obama's failure...I thought one of them might try and hijack it away from Obama.
Nope.
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Why would anyone respond? You've shown repeatedly that when confronted with facts you will cling to your previously held beliefs. The economy is in much better shape than it was 6 years ago.
63 consecutive months of PRIVATE sector job growth(that's a record)
12.6 million jobs created over that time period
Obama is labeled a socialist and yet somehow he has presided over the longest consecutive streak of months for private sector job growth.
If you're going to disagree and dislike the guy, at least do it for honest reasons and not made-up bullshit.
What's congress doing, btw? Waiting around with their thumbs up their asses not funding the Export Import Bank or the Highway and Transit Trust Fund, that only accounts for about 700K jobs
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06-05-2015, 08:28 PM
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#8
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Account Disabled
Join Date: Jan 20, 2010
Location: Houston
Posts: 14,460
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Quote:
Originally Posted by JD Barleycorn
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Didn't the US GDP contract 0.9% a few weeks ago? How does this happen and the economy supposedly adds nearly a quarter of a million jobs?
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06-05-2015, 08:35 PM
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#9
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Account Disabled
Join Date: Feb 12, 2010
Location: allen, texas
Posts: 6,044
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Quote:
Originally Posted by WombRaider
Why would anyone respond? You've shown repeatedly that when confronted with facts you will cling to your previously held beliefs. The economy is in much better shape than it was 6 years ago.
63 consecutive months of PRIVATE sector job growth(that's a record)
12.6 million jobs created over that time period
Obama is labeled a socialist and yet somehow he has presided over the longest consecutive streak of months for private sector job growth.
If you're going to disagree and dislike the guy, at least do it for honest reasons and not made-up bullshit.
What's congress doing, btw? Waiting around with their thumbs up their asses not funding the Export Import Bank or the Highway and Transit Trust Fund, that only accounts for about 700K jobs
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WombRaider don't feed into their bullshit- these fucktard republicans were praying for high UE rates every month just so they can post some negative bullshit.
There's no argument that the UE rate is far better now than when Obama took office- I am seeing a lot of help needed, apply now signs everywhere.
As far as the real numbers when Clinton had the rates in the low 4's- some people argued that the true rate was close to 8 or 9 percent- there's always going to be an outlier. Whirlaway and the rest you cocksuckers all have jobs so quit bitching.
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06-05-2015, 08:57 PM
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#10
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Account Disabled
Join Date: Apr 7, 2015
Location: Down by the River
Posts: 8,487
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Quote:
Originally Posted by gnadfly
Didn't the US GDP contract 0.9% a few weeks ago? How does this happen and the economy supposedly adds nearly a quarter of a million jobs?
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It was .07 and that's an annual rate. In the reverse, GDP growth doesn't always translate to job growth.
http://www.forbes.com/sites/sagework...g-many-jobs-2/
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06-06-2015, 02:03 AM
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#11
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Valued Poster
Join Date: Jun 12, 2011
Location: Olathe
Posts: 16,815
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Quote:
Originally Posted by WombRaider
Why would anyone respond? You've shown repeatedly that when confronted with facts you will cling to your previously held beliefs. The economy is in much better shape than it was 6 years ago.
63 consecutive months of PRIVATE sector job growth(that's a record)
12.6 million jobs created over that time period
Obama is labeled a socialist and yet somehow he has presided over the longest consecutive streak of months for private sector job growth.
If you're going to disagree and dislike the guy, at least do it for honest reasons and not made-up bullshit.
What's congress doing, btw? Waiting around with their thumbs up their asses not funding the Export Import Bank or the Highway and Transit Trust Fund, that only accounts for about 700K jobs
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Talk about lying. Lets see those citations Baby Killer. Oh, lets try to avoid that six year thing again. That's just a cop out. Given that Obama started in a downturn it isn't hard to have growth for many months. Don't give him credit for what the people are doing unless you can cite a specific that caused that growth. Plus, even MSNBC is starting to suggest that the job numbers have been doctored for public consumption.
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06-06-2015, 02:12 AM
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#12
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Valued Poster
Join Date: Jun 12, 2011
Location: Olathe
Posts: 16,815
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Quote:
Originally Posted by WombRaider
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It was .7% and it was for the QUARTER and not some annual measurement. The second quarter just entered it's last month. We'll see how those numbers work out. Guess they'll just blame the weather again.
No one said that GDP and job growth were the same. However, when the economy contracts there is usually some job loss but maybe the next quarter when things settle down and employers take stock.
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06-06-2015, 02:50 AM
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#13
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Account Disabled
Join Date: Apr 7, 2015
Location: Down by the River
Posts: 8,487
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Quote:
Originally Posted by JD Barleycorn
Talk about lying. Lets see those citations Baby Killer. Oh, lets try to avoid that six year thing again. That's just a cop out. Given that Obama started in a downturn it isn't hard to have growth for many months. Don't give him credit for what the people are doing unless you can cite a specific that caused that growth. Plus, even MSNBC is starting to suggest that the job numbers have been doctored for public consumption.
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Why would I lie when the numbers are right there in the article? If you don't want to believe them, that's your problem, not mine. So now you acknowledge that Bush left him a bag of shit. So he gets credit for all the bad things that happen and none of the good, is that right? That sounds like jesus fucking christ. Except he gets credit for all of the good and none of the bad.
http://www.addictinginfo.org/2014/09...-modern-times/
http://www.politicususa.com/2015/06/...ob-growth.html
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06-06-2015, 02:52 AM
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#14
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Account Disabled
Join Date: Apr 7, 2015
Location: Down by the River
Posts: 8,487
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Quote:
Originally Posted by JD Barleycorn
It was .7% and it was for the QUARTER and not some annual measurement. The second quarter just entered it's last month. We'll see how those numbers work out. Guess they'll just blame the weather again.
No one said that GDP and job growth were the same. However, when the economy contracts there is usually some job loss but maybe the next quarter when things settle down and employers take stock.
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You're correct that it was .7, but wrong about it being quarter. It was FOR the quarter, but it's an annual rate.
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06-06-2015, 11:53 AM
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#15
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Account Disabled
Join Date: Jan 20, 2010
Location: Houston
Posts: 14,460
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Quote:
Originally Posted by gnadfly
Didn't the US GDP contract 0.9% a few weeks ago? How does this happen and the economy supposedly adds nearly a quarter of a million jobs?
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Somebody elsewhere says that those quarter of a million job adds are part time and when part time jobs are lost there is no UE to collect so it doesn't affect those statics negatively.
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