The stimulus is working!
 

Job market takes turn for worse
The battered U.S. labor market took a step back last month as employers trimmed more jobs from their payrolls, according to a new report today. There was a net loss of 467,000 jobs in June. This was the first time in four months that the number of jobs lost rose from the previous month, CNNMoney reports. full story


Imagine how many REALLY would would have been lost if we didnt pass the super emergency stimulus!! :laugha::laugha::rolleyes:

a lot more...

Wish is was lower but at least its not 741,000 like in Jan.

I have friends out of work in there field of expertise for 16 months. Their COBRA ends in 60 days. They're baggin at Wal-Mart for burgers.
I also have friends that have lost their positions over the last 60 days due to offshoring restructuring.
I don't see it getting better, no matter how or who is spending the money

Keep Hoping, and save some money for your kids, cause they're f***ed.

How
Our
President
Is (killing)
Next
Generations

Obama, Gibbs and Spence would say...."actually, the numbers are promising and trending in the right direction, the experts had predicted in excess of 700,000 lost jobs so we effectively "CREATED or SAVED" nearly 300,000 jobs last month, the stimulus is working and Obama is a huge success"
:jester:

No, they'd probably say:

"From the beginning of this, jobs have been expected to be the last thing to start on the upswing. Everyone has consistently said that the jobs situation will get worse and probably won't start improving until late-2009."

But hey, it's the largest economy in the world. Bush took 8 years to royally eff it up. Why can't it be fixed overnight?

Well, Johhny. If they were to say that, the'd be lying. The Administration has already claimed to have created 150,000 jobs as a direct result of the stimulus. Yet, even the head of the Bureau of Labor Statistics can't confirm that.

In fact, the only industry that has had significant growth in job #'s since the stimulus package is the goverment (i.e patronage jobs for friends of the administration).

The ROOT CAUSE of what we are experiencing today is a direct result of Clinton policies, it takes that long for the economic cycles to develop. Just as people don't realize the posperity we enjoyed durign the Clinton years were a result of what Regan put in place so many years sooner. Imagine if we were still making all the stuff that went offshore as a result of China Free Trade Agreement (clinton) and moved south because of NAFTA (clinton).

I am an O-BOT, it is all Bushes fault...........

WASHINGTON – With joblessness rising, President Barack Obama said Thursday he was "deeply concerned" about unemployment and conceded that too many families are worried about "whether they will be next" to suffer economically.

In a White House interview with The Associated Press, Obama said that since he took office, "we have successfully stabilized the financial markets," and "started to see some stabilization on housing."

WE have stabilized the markets???? Huh? all you did was cause panic and concern, telling everyone it was a catasrophe waiting to happen! This guy just bets that most people are morons and have no memory.....so far he is right.

What happened to all the shovel ready jobs Obama promised us back in January. :huh:

My son in-law, union electrician, is out of work for the first time since he started 15 years ago. :(

I know of a lot of union people out of work, where non-union folks are keeping their jobs. The non-union companies seem to be able to stay more competitive, not being restricted by union contracts.

I understand JD, but the company he works for is the largest in the state,
and they have no work after just finishing their last job, hence the remark about shovel ready jobs.

Yup! Sure looks like the Stimulus is working with 467,000 more jobs lost last month. Economist were off by as much as 100,000, they predicted 363,000, that brings about 14.7 million people out of work.

Those that are working should start following in a squrriels foot steps as they are already stocking up for hard times down the road. We should be doing the same thing, instead of acorns we should be purchasing extra dry goods and can food. Some will not heed this warning. You don't have to panic and panic buy things, just buy a little extra every week.

If you do not need the extra after the DEPRESSION sets in give it to a food bank, or better yet to a family member in need.

Didn't RIJIMMY start this exact same dumb thread just the other week?

-spence

And he will every month until jobs increase.

Even though from the start, it has been predicted that jobs will not start to recoup until at least late-2009.

Once again, Spence Alynski strikes out with his "higher intellect" against the simple folk on the right.

Times must be pretty tough when you have to resort to plagiarizing ScottW to get in a lame jab :sleeps::spin: :hihi:

-spence

Squirrels don't actually remember where they put the nuts they hid in autumn during winter, they simply bury the nuts within their territory and then look for them in winter.

Crap, people just don't realize what it takes to go burying canned and non-perishable goods all over their yard, forgetting where after a few non-perishable beers, and then needing to dig them up some months later. Ever see the movie Holes? :buds:

It's already mid 2009. And on top of that, both Biden and Obama have been claiming that the economy and unemployment have improved. Obama, like most politicians plays both sides of the fence. He says things are improving, but then says he'll need years for things to be better.:wid: I guess with so many followers willing to believe anything he says, he can't go wrong.:happy:

So it's not reasonable to assert that things are getting better but it will take time to see more dramatic improvement?

This is what 90+% of the economists are also saying.

-spence

Okay, maybe you're right, I'll come up with a new nick for you then. I think I'll do this David Letterman style.

My Top Ten nicknames for Spence are:

#10 Spence Kennedy as Spence could probably spin his way out of murder too.

#9 Spence A. Gore because he buys into man made global warming.

#8 Spence Kerry as he can put a room full of people to sleep with his mind powers.

#7 Rev. Spence Sharpton as all of his postings are through a bullhorn and come down from on high. (even though you sometimes don't know what he says).

#6 Spence T. Daschle as Spence would be a good addition to Air America's lineup.

#5 Spence Lieberman as he could probably spin himself into playing both sides of any issue.

#4 Reverend Spence Jackson, as he jumps on certain issues faster than the NAACP.

#3 Spence J. Edwards as Spence can also pass as the "Breck Girl".

#2 Spence R. Limbaugh just because being named after Rush will "cheese" him off!!!

My #1 nickname for Spence is "Spence Lewinsky"
as he seems to do for Obama what Monica did for Bill. :rotf3:


Seriously though Spence, I'm just having fun with you.
I'm sure you're a "great American" and you mean well. We just happen to be on opposite sides on our belief on where our country is headed right now.
If you are correct, in a few years we'll have a worldwide "HugFest" and if I'm right, we may end up like the USSR and broken into little America's. It happened pretty fast over there, and Putin says we are following their footsteps by spending ourselves to extinction.

I kinda hope you're right. Spence Lewinsky. :rotf3:

"things are getting better" one of your more brilliant assertions...guess it depends on the meaning of "things" is

"but it will take time to see more dramatic improvement..." wow, that's REALLY going out on a limb....

"This is what 90+% of the economists are also saying." prove it, I'm guessing most economists would be embarassed to have an opinion that inane

Actually we're not. You just don't really read any of my posts very closely...

-spence

Thinking an economist would consider a trend to be inane really demonstrates you don't have a clue as to what you're talking about.

-spence

Spence, you'll have to show me the economists that are claiming it's getting better. I haven't seen too many saying that.

It's not really reasonable to claim that things are getting better as more and more people are becoming jobless. In fact, I've actually read that the economy has still not bottomed out yet. I'm certainly no expert, but I would think that raising taxes and not creating jobs isn't the best Rx for the economy right now.

LOL, now you sound like the wife, "You have to read between the lines" and "feel" what I mean. I try to read every word you post, but sometimes it's hard to follow your, kinda like reading writing on tissue paper spinning in the toilet.:kewl:

I don't think anyone would expect the unemployment situation to precede business growth for two reasons:

1) Companies are not going to increase payroll until they can afford to, and believe they have enough stability to make a longer term investment in training etc...

2) Cash flow stress demands that companies streamline their business and processes allowing them to do more with less. Those that survive will have an increased ability to grow revenues with a smaller workforce. In other words, they don't need to hire back as quickly. The hiring will come as the business expands which may take more time.

Nearly every article I've read in the past 30 days has said many economic statistics from housing to cars appear to have bottomed out, that the economy should show growth later this year.

If true this would mean the recession technically would end Q1, 2010 even though unemployment would still be high.

That's not to say that unemployment will rebound as rapidly. Most from what I've also read agree that rising unemployment will be a problem well into 2010, and that this will put a drag on economic progress.

-spence

I would be Gore by the way..

and it isn't buying in...
it is about reading the SCIENCE and educating yourself, instead of believing we have no impact on the planet...

but I don't want to hijack...

No, it just means you can't apply your bias filter to every post. A good amount of the time I'm not advocating any position, but trying to present rational counter arguments to provide perspective and context.

Example:

Obama gets blasted for a record 1+ trillion deficit. I argue that he's inherited a huge % of this from President Bush, which is a fact.

This doesn't mean I'm endorsing large deficits, even if I argue that there are situations where borrowing to solve problems might be in our best long-term interest.

What I'm not hearing from the peanut gallery here (or anywhere for that matter) is how free market principals can be pragmatically applied to solve real problems today. I don't care how things might have been better had we behaved in a more conservative manner 70 years ago, tell me how we can adapt to the current situation and steer the ship.

-spence

Rush Limbaugh has taught us that MAN can not destroy the planet because it was made by GOD.


What don't you get? :lasso:

-spence

We can't?
We sure as %$%$%$%$ can over fish and pollute, right? We just can't warm the planet by changing the atmosphere... seems kind of contradictory to me there Spencay-atollah
:D

When the ship drifts off course, the remedy is to steer it back on course, not just to go off on some uncharted destination. The ship of state is temporarily adrift because the captain has discarded the map. He has heard of a brave new world, a utopian place where the harsh natural place from whence he sailed holds no sway. It is a land of total fairness and good feeling, where all suffering is healed, where enemies have been vanquished by conciliation and discussion, where the tree of academe and its advanced postmodern method has deconstructed away all tracts, treatises, manifestos, constitutions, and all so-called concrete foundations that are over 70 years old. Ancient things no longer apply there. Not even values, principles, or concepts. All that matters there is the comfort, convenience, ease of access to all that sustains, at little to no cost. Cost is an ancient concept, value, principle. Especially attractive about this new land is the absence of the ancient, so-called "free market" values, principles, concepts. Economic "predators" have been eliminated there. The People, not persons, rule there. Personality breeds dissent, confusion, differing values, principles, concepts. All, in their wonderfull diversity, have been schooled by a superior pedagogy into a like-minded deferral to the great becefactor--the State.

Actually, plastic surgery and lasik, medical procedures not covered by insurance, but paid by the ancient "out of pocket" method, and which used to be expensive, have seen tremendous drops in price and are now "more affordable" due to ancient "free market" principles, values, concepts of competition. (Walmart, that competitive pit bull that liberals and unions love to hate, also comes to mind.)

The private insurance thing has inflated out of hand and is about to unecessarily morph into a bigger public form which will deliver less at higher costs, monetarily and socially. It is probably not "pragmatic" to instantly abolish all insurance (nor constitutional), but we can let the air out more gradually by reverting toward "out of pocket" plans like health savings accounts.

That comment made by Rush is silly, Man can mess it up if we tried (nukes work well). The part I think is ridiculous is how CO2 is the main pollutant they seem to be concentrating on. Al Gore and "cow farts"! Cow farts help plants and trees grow, they do not add to global warming! Carbon monoxide from cars do contribute but without CO2 life would not exist. CO2 emissions have increased significantly over the past 10 years while global temps have leveled off and actually went down. I am a strong believer that solar activity is the main factor behind this. It is natural climate shifting, it has happened many times before. We are starting a period of global cooling not warming. We should be good stewards of our environment, but handcuffing our industry, we empower China and give them that much more control of our economy. Tax them enough for their emissions and they will leave.

As for the Stimulus, less than 10% of the stimulus has been spent! Most of it wont be seen until 2011-2012. Unemployment is through the roof and average hours worked per worker is 32hrs. That means many people are either forced to work part time or forced furlough days. We are far from the bottom of this and the Stimulus is a total waste of time and money!

Cow farts contain a lot of methane which is a significant greenhouse gas. I've read some studies where they estimate 15-20% of greenhouse gases are from livestock alone.

As for helping plants grow, anything can kill you in the right quantities. Remember as well that as emissions rise there's incredible deforestation going on globally.


This has been discussed here before, but a look at the last few years doesn't show the trend that's causing concern. Yes, it does look like we're in a period of global cooling, but it's a short 10 year cycle. If it follows the pattern of the past century we'll see a very sharp temperature rise at the end of the cycle that will set new average records.

Which is exactly why many have been looking for a global solution that treats everybody equally. Also, you can't have it both ways. Being a good steward doesn't mean you ignore what is still considered pretty compelling evidence that man is influencing climate change.

I would think that if you don't like the bill you'd be happy that we're not going to spend the bulk of the money up front. Perhaps it can be allocated towards better uses, or better yet, not spent at all.

-spence

I Strongly believe that it is set this way on purpose, so the bulk will be spent during the 2 years prior to the next presidential election, so the masses will see the effect then and it will be in their minds when it comes time to vote.

It was such a big emergency to get it passed so quickly, and then we spend a tiny percentage of it now? It was set up this way for political reasons, not economical reasons.

Also, a lot of politicians that helped Obama, got a lot of their pet projects into that bill. kind of like a "thank you present".

Not Spent At All? Once the government has it, it may not be spent on its intended purpose, but IT WILL BE SPENT! No freaking chance in hell it will come back to the taxpayers!

That's a perfectly good political argument, irony intended.

The flip side of course is that you shouldn't spend money until it's been well planned out. Ongoing civil infrastructure projects (i.e. shovel ready) were a good first target as most communities are ready to go but just lack funding.

Certainly the Dems took the opportunity to spend money on projects they've not been able to for quite some time. I would have liked to see a lot of this eliminated and the actual stim bill be about 1/2 as large. I did think doing something was in order.

My guess is that if the Republicans eliminate the Dem super majority in the mid-term elections, which is very likely, there will be room to make some changes. I doubt they'd be able to kill the rest of the spending (as Obama would simply VETO the new bill) but they will have the muscle to negotiate how it's appropriated. Obama will be looking for a second term and will need to cooperate more with the GOP so he doesn't get boxed in...just like Clinton did.

-spence

hmmmmm..... Spence Lewinski and ElRush Beans seem to almost agree on that last post.

Can't agree on man made global warming/cooling, but seem to agree on the Stimulus Bill for the most part.

El Beans...
does your opinion of climate change (dislike the term global warming..) come from an extensive review of the scientific literature?
Just curious...
show some of the data or articles you are basing your opinion on in a new thread so we don't hijack this one...