Home › Forums › Open Discussion › May Jobs only +69,000/8.2% unemployment.
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June 1, 2012 at 12:37 pm #603447
SmittyParticipantApril also revised DOWN an additional 33,000 to 77,000. That’s a big revision percentage-wise.
Stocks should tumble today and NOT because of Europe.
Luckily I went 3/4 cash with my investments/retirement about three weeks ago – lucky I guess.
Good luck to all – this could be the start of the dreaded double-dip.
Time for a change, folks. That’s my specific recommendation for all you deflectors. Time for a change.
June 1, 2012 at 1:06 pm #759693
charlabobParticipantA regression to the party that started it all? That’s. A change I don’t believe in.
June 1, 2012 at 1:16 pm #759694
redblackParticipantyeah! kick the banks out of the white house! that would be a nice change.
we should have done what iceland did. instead of getting nothing for our $800 billion, we should have seized the banks.
anyway, smitty, what will republicans do differently? not “what would have republicans done differently?” you don’t have to bash obama to answer the question. what will they do differently?
tell me something positive.
June 1, 2012 at 1:21 pm #759695
SmittyParticipantPick up all the dice and hope you throw Yahtzee.
Anything is better than the status quo. Anything.
This is bad.
June 1, 2012 at 1:48 pm #759696
casabobaMember“Great minds discuss ideas. Average minds discuss events. Small minds discuss people.”
-Eleanor Roosevelt
June 1, 2012 at 1:51 pm #759697
redblackParticipanti’m actually encouraged by all of the construction that’s going on in seattle right now. our union hall is emptying out. and, despite kootch’s assertion, it isn’t all condos and apartments.
all of those laborers now have money in their pockets and can do a little economic stimulus of their own – if they don’t owe too much to the banks, that is.
June 1, 2012 at 1:54 pm #759698
charlabobParticipantMediocre minds discuss elections. And yes I mean me.;-)
June 1, 2012 at 2:30 pm #759699
SmittyParticipant“”Great minds discuss ideas. Average minds discuss events. Small minds discuss people.””
Where does “it’s Bush’s fault” fit in?
June 1, 2012 at 2:32 pm #759700
SmittyParticipantredblack, I hope you are right and that your observation is some kind of leading economic indicator. My profession has a track record of seeing the ups and downs before they happen (by about three months). We are not seeing anything positive on the horizon.
Hope I am wrong.
June 1, 2012 at 4:49 pm #759701
dobroParticipant“What will the Republicans do differently?”
“Pick up all the dice and hope you throw Yahtzee.”
Absolutely pitch perfect example of Republican critical thinking and analysis.
June 1, 2012 at 5:26 pm #759702
SmittyParticipant“”Pick up all the dice and hope you throw Yahtzee.”
Absolutely pitch perfect example of Republican critical thinking and analysis.”
Hope and Change was already taken.
June 1, 2012 at 5:27 pm #759703
dobroParticipantFunny, but still no serious answer to what will Repubs do differently. Not that I would expect one.
June 1, 2012 at 6:32 pm #759704
SmittyParticipantWho cares!
Everything? Some things? Most things?
Better than NU-thing.
The status quo IS obviously NOT working.
June 1, 2012 at 6:54 pm #759705
365StairsParticipantNeither side is bringing substance to the table.
Reading the recent Time artical with M.R…you get nothing other than..”I know more about the economy than our president…” The only concrete item he stated was in 4 years…his admin would have unemmployment to 6% or less. All he does is finger point.
President Obama’s plans were both de-raled by both lack of experienc, supporting guidance, and a R’s who would block everything he put their way even if it cured cancer.
I am looking for what both sides real plans are before I decide. I cannot see that voting party lines just because as being a game changer.
“Are YOU better off than 4 years ago?” is the bet W.R. is going to make just like R.R. made in the 80’s.
I am NOT better off than I was 4 years ago. But that is not a direct result of our president’s actions. It is a combination of damage done prior to 2008 and failed policy change.
But, that said…I am not worse either! I was able to plug several holes in the boat and we are baling water with a working engine.
More than likely my vote will go back to our President this year. Spout all the same real or inflated stats you want about increased deficits, no budgets, trillions of debt, blah blah…blame, etc….Until Mr. Romney comes to the table with a concrete solution(s) that shows reality today (not exaggeration) and what tomorrow will be with his plan..I cannot consider him based on not being better off than 4 years ago.
June 1, 2012 at 7:17 pm #759706
skeeterParticipantI don’t think we can have a significant recovery until the number of homes in foreclosure (or in the pipe for foreclosure) is reduced to historical levels. I really don’t blame Obama or Bush for that. I blame greed, ignorance, and speculation.
Interestingly – Canada didn’t have a significant recession. Or housing bubble/crash. They never had zero down mortgages. They never had no-documentation loans. So they avoided the whole mess.
My advice? Continue to wait while the housing crisis works itself out. Might be three or four more years?
June 1, 2012 at 8:27 pm #759707
kootchmanMemberSo you are going all in for another 4 years of this? Geez ..365.after two years of an absolute hold on both houses of congress, and the white house… it sure didn’t get better. The best congress can do is play stop the craziness…. that’s why the American public threw out the Democratic congress,,,( we only have one half of one third of the three branches.)..the Senate refuses to go to work so Obama can work without a budget…right on their collective asses. we needed jobs, we got windmills, solar panels and Obamacare…spin, spin, spin…. redblack… 15,000 of those lost jobs were construction workers. It can’t get worse other than a depression. That’s where ya want to hand… somewhere between recession and depression. Well we got out Euro Democratic Socialist you all craved so much … oh the posts during Obamacare on how great the Euro model was… how so advanced they were.. how very “progressive”… skeeter… at 3.75 interest rates… they still aren’t buying. … you gotta have a job first. Congress needs to call their bluff… might as well go into uncharted waters and not pass a continuing resolution on spending…can’t get worse…let the default begin,
June 1, 2012 at 8:37 pm #759708
365StairsParticipantKootchman…I know you study this stuff in great detail and while your resources are skewed to one party, there are probably actual facts that are deep seeded in your information. I do value both sides input on this forum.
I know how to distinguish between the crap and facts – sort of…sometimes..well…most of the time.
Bottom line…I will vote for the guy who details their plan and is less full of crap than the other…sadly…
That is why Ross Perot appealed to me…white boards and graphs… ;)
June 1, 2012 at 8:46 pm #759709
365StairsParticipantSure wish there were more viable options than these two…I cannot lie about that.
Romney’s VP pick will make an impact. He convinces McCain…it is a done deal. McCain would do it for the R party…
June 2, 2012 at 11:12 pm #759710
hooper1961Membera positive on the employment #’s 13,000 less government positions
June 2, 2012 at 11:38 pm #759711
socamrParticipantAnd that’s positive because it means more people are out of work?
The reason unemployment remains so high is because especially state and local governments have been forced to cut jobs – if it weren’t for the insistence on continuing to cut government spending we would be out of the recession by now.
I’m not sure why people feel that other people out of work is a good thing.
June 3, 2012 at 2:22 am #759712
kootchmanMemberSee 365, it makes no difference wether one quotes facts, figures, compiles them and makes conclusions. There are times when we are in surplus, we can be tolerant of gestures. This is not one of those times. Look at the previous comment?!!… where do you start with that? You think Obama had it tough… courtesy of GW… look at the mess after he is gone. This time, we better hire a qualified CEO…. not a community organizer. If ever we needed a turn around executive it is now… and yes.. he may very well have to cut off appendages to save the body. We get the government we deserve. We asked for entitlement after entitlement, looked to big government to solve the most mundane problems, arbitrate the social construct, and used it shamelessly….. because while we rant at congress… we are the collection of special interests they sell to. Free, free, free everything…. but someone has to pay for it. we bled the host to death.
June 3, 2012 at 6:16 am #759713
socamrParticipantSee Kootchman, this is why we try to keep you as far away from government as we can.
When we are in surplus, we don’t NEED to have the government spend money, and so government can and should reduce expenditures to save for a rainy day.
It is precisely when we are in deficit that government should be spending money, because borrowing costs are low and no one else can do it.
Otherwise we’ll be like Japan in the 90’s, with people out of work for years and years and years, and not much money available for anyone.
June 3, 2012 at 8:29 am #759714
kootchmanMemberHUH? when interest on your borrowing becomes a tip ten claim in federal revenue…. this is as ass kickin contest with a one legged opponent. Japan wouldn’t do the write downs on bad assets.. take the hit .. never mind…. when has your government been in surplus the last fifty years? Never. Borrowing is deficit spending. jeeesh…Ask Spain and Greece and Italy how that borrowing is going… how cheap the cost of money is…. how much interest they have to pay to attract investors. we need to keep you out of the voting booth…. unicorns and sprinkles economics… we are done with it.
June 3, 2012 at 8:36 am #759715
kootchmanMemberSmitty, I am getting this strange affection for martial music, and a strong 120 bpm cadence…and a charismatic leader… lots of drums and brass…
June 3, 2012 at 3:28 pm #759716
JoBParticipantKootch’s comment
“I am getting this strange affection for martial music, and a strong 120 bpm cadence…and a charismatic leader… lots of drums and brass…”
explains 365 stair’s comment
“Until Mr. Romney comes to the table with a concrete solution(s) that shows reality today (not exaggeration) and what tomorrow will be with his plan..I cannot consider him based on not being better off than 4 years ago.”
the American public are tired of hot air…
it might be fun to watch
but living it is a real b…
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