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December 4, 2011 at 3:45 pm #741693
TDeParticipantPost 58 – “Golly, darn it…unemployment up again? We need to talk to President Obama…”
Actually, the opposite it true:
“Unemployment drops sharply to 8.6%; job gain is modest
…The latest jobs report comes on the heels of other data suggesting a strengthening of the economy. Consumer spending, manufacturing and exports, and business investment and confidence all have edged higher since summer — despite significant concerns about the European debt crisis, the still-moribund American housing market, government cutbacks and political paralysis in Washington.”
December 5, 2011 at 12:13 am #741694
kootchmanMember.. I sent my vehement opposition letters to every federally elected WA state representative. It’s a travesty. I was SUPPOSED to expire by design. Congress and the White House expanded the powers… see the example it set? Even Seattle is using video surveillance in all manners of public places. Warrantless bank account searches, .. federal contracts to information mine from private companies who are not government agents to end run the courts… feels very socialist doesn’t it .. comrades?
http://www.aclu.org/reform-patriot-act
http://www.huffingtonpost.com/2011/05/27/patriot-act-extension-signed-obama-autopen_n_867851.html
http://news.cnet.com/8301-31921_3-20067005-281.html
http://www.scn.org/ccapa/pa-vs-const.html
Guess that makes it the Democratic Patriot Act doesn’t it?
Sure it was… holiday hiring started a week early.. 380,000 dropped off the roles of unemployment… a record, so they are no longer counted. You sorta didn’t add that portion of the jobs report there TDe But, hey I will take it.. and did ya note it was the private sector. not the federal or state governments that did the hiring? We lost 20,000 federal and state jobs and gained 180,000 private sector jobs? That is great news… if we lay off 40,000, maybe we can create 360,000 private sector jobs. But you are right we have a long way to go before we get to full employment… let’s see those numbers after the Christmas season hires are let go.
December 5, 2011 at 2:39 am #741695
transplantellaParticipantDecember 5, 2011 at 3:57 am #741696
JoBParticipantkootch…
what you didn’t notice was that retailers felt confident enough this holiday season to hire
December 5, 2011 at 8:35 am #741697
kootchmanMemberThey always hire. Retail is a 6 week affair. Now the key to THAT will be, do they get their margins, or, as suspected value shopping rules the season with unprecedented discounting. And, do consumers use debt or do they use cash? We will see how the numbers crunch. It was also the heaviest discount push, with CEA leading the charge..the inventory line will be historically thin. It was discount panic not to be caught with an over inventory position. Hey JoB.. the number one item increase in sales… firearms!! Seems we will buy our guns at any price..and…amazingly..just as a curiosity…gun sales rise during recessions. Take that to your broker. With the Deparment of Justice selling them too.. it’s a growth business. Glad to say mostly American produced and very little discounting. Getting ready for the election season? retail ain’t full time, long term manufacturing jobs. Chinese crap ..mostly. Abercrombie is closing stores, as is American Apparel, Saks, Men’s Wearhouse, … it’s not that great. But for grasping straws… it will do. KMart, WalMart, Target.. low margin, low price point stores did well… as did Best Buy and similar.
December 5, 2011 at 8:55 am #741698
kootchmanMemberHey redblack.. while we wait for infrastructure projects… ND and SD are on an infrastructure rip… gas and oil development leases, road use licensees… all from oil development. Imagine that.,, instead of building new roads, bridges, schools in Riyadh… we are building them right here in the USA.. with private capital invested in oil extraction…. energy baby.. we are going to use it… one way or another..
December 5, 2011 at 9:54 am #741699
HMC RichParticipantNo Kootch, they are going to give hundreds of millions to Solyndra and other alternative energy companies that are not market based nor are accepted enough yet by the private citizens of this country.
Funny how those unemployment numbers get revised after a few weeks and the results are always worse, but you don’t hear the MSM trumpet that.
December 5, 2011 at 3:56 pm #741700
JoBParticipantkootch…
those road use licenses and infrastructure you mention in ND and SD…
are kind of like the forest service road “infrastructure” we invest in here..
so that lumber companies can take their lumber to market…
they are for the most part temporary improvements that do little to add to the transportation infrastructure but do a lot to add to corporate bottom lines…
why doesn’t it surprise me to find you touting taxpayer payments for some corporations basic business expenses?
December 5, 2011 at 4:07 pm #741701
TDeParticipantFor those of us on the Blog who aren’t as hip to some of the news jargon, could you guys spell out abbreviations so we know what you’re talking about? We get USA and state abbreviations.. also AFL-CIO and the like. But things like CEA and MSM? Thanks..
December 5, 2011 at 7:27 pm #741702
JanSParticipantwell, TDe, MSM is Main Street Media. I knew that one. But CEA? Googled it…it could be Carcinoembryonic Antigen, orCalif. Earthquake Authority, or Consumer Electronic Assn., or Connecticut Ed. Assn. or Commission on English Language Accreditation… orit may be Council of Economic Advisers. I guess you can take your pick :)
December 6, 2011 at 5:01 am #741703
kootchmanMemberHey Job.. no, these are new bridges, new roads, not temporary fire service roads. Just spent an entire week in design specs..these are state of the art, first class upgrades and replacements. They have hundreds of thousands of water trucks that need to get to the fracture wells, for years to come. And if the Messiah dithers on the pipeline…they will have to truck oil to barges, rail cars, or other pipeline heads. The Turtle Mountain reservation is calling it “The Second Coming of the Buffalo”… all those years of federal ineffective patronizing,…. and private invested capital starts hiring. And unlike WA or Seattle, which would spend it like a drunken sailor on shore leave, ND actually mandated putting the excess in reserves. No state employee hiring binge a la Gregoire Good try, but dead wrong…again.. Wanna see what private investment does? You can actually go to the DoT site and review the plans and specs yourself…thirty jobs opened just last month. Starting wages for fast food in Williston?… over $9.50 an hour… not bad for the lowest skill jobs. That’s what your man Obama put on hold until “after the election”…. a living wage. Happens when there is a 3.8 unemployment rate.. wages rise. Republicans.. shovel ready….turn the engine loose.
December 6, 2011 at 10:07 am #741704
JanSParticipantHave heard rumors to the effect that some, not all, of the residents in Williston resent the out of towners that are coming to work. There isn’t enough housing, and the man camps are getting a bit unruly at times. Meth lab bust in one of them a couple of weeks ago. Two young men from…Alabama ( it was argues that they were just “tenants’ not employees, but why else would two young men from Alabama move to Williston?) Yes,s^*t happens anywhere. It’s a shame. Hopefully it’s a minority, and it will all be cleaned up. Town folk don’t like the drug activity. The article I read didn’t cover this, but I wonder if the meth lab was established enough to make problems with the building they were living in. I’m thinking it was a cabin type thing, not a dorm type thing. Anyway…guess we’ll see how it goes there…
December 6, 2011 at 1:58 pm #741705
redblackParticipantND and SD are on an infrastructure rip… gas and oil development leases, road use licensees… all from oil development.
and they should be doing what alaska does: demanding royalties from the oil and oil service companies – some of which should fund a disaster clean-up and mitigation fund.
i know some dakotans, most of whom moved here for work. there really aren’t many union jobs there – at all – despite AFL-CIO cheerleading. how many truckers are still teamsters?
anyway, why is it that when big oil wants a pipeline, they get it and everyone waves the flag and starts playing toby keith songs? meanwhile, our country’s bridges are falling into disrepair.
bridge-building is work, too, you know, and it provides a lot more jobs than a single-use pipeline.
but thanks for acknowledging that spending that money will create jobs and demand. now, if only we could convince you that raising and spending tax money for publicly-owned infrastructure improvements is a wise investment, we’ll be getting somewhere.
December 6, 2011 at 7:19 pm #741706
JoBParticipantredblack
“but thanks for acknowledging that spending that money will create jobs and demand. now, if only we could convince you that raising and spending tax money for publicly-owned infrastructure improvements is a wise investment, we’ll be getting somewhere. “
you make my day
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