things are definitley looking up! - Striper Talk Striped Bass Fishing, Surfcasting, Boating

RIJIMMY · 06-19-2009, 11:47 AM

NEW YORK (CNNMoney.com) -- Forty-eight states and the District of Columbia recorded unemployment rate increases in May, the government reported Friday. One state registered a rate decrease, and one state had no rate change.

Several states and regions posted their highest unemployment rate since the report debuted in 1976.

obamafied!

spence · 06-19-2009, 12:20 PM

This is really a dumb thread.

Experts predicted that unemployment would continue to rise through 2009 regardless of what happens. What's good is that the rate of claims on average is trending down from the alarming rate earlier this year.

Most indicators are looking up for the rest of 2009.

Granted, I'm not an MBA but I would think a business needs to see increasing revenues before they can justify hiring more workers and adding expense to their balance sheet.

RIJIMMY seems to be advocating the opposite of this, hire the people to give everybody a job and then see what happens. Sounds like socialism to me

-spence

RIJIMMY · 06-19-2009, 12:36 PM

Bingo! Spence is right! And you know what,the experts predicted that the economy would improve in late 2009 and 2010 BEFORE WE BLEW 760 BBBBBBBBBILLLION ON A STIMULUS BILL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

RIJIMMY · 06-19-2009, 12:41 PM

"One hundred days later, we are already seeing results," President Barack Obama said during a visit to Nellis Air Force Base in Nevada.

"Across America, recovery is under way," Vice President Joe Biden said in a statement accompanying a 28-page progress report.

Moreover, Biden said, recovery is "more than just a compilation of statistics; it's the return of hope and optimism about the future that comes with making life better for communities and families across the country."

"I can sells ya the Brooklyn Bridge I can, just give me $50,000 and its yours I tell ya" RIJimmy, dumb conservative

FishermanTim · 06-19-2009, 01:30 PM

Kind of like saying that your house is on fire, BUT it's not burning as fast as expected.
Or that your neighborhood is flooded, BUT the water is not rising as fast as predicted.
Sounds like sugar-coating a disaster to me.

Fishpart · 06-19-2009, 01:43 PM

Scary part is jobs in government are the ones being "created or saved" like that's really gonna get the private sector hiring. Gonna have to fire a few to pay the tax on the stimulus.

Please bash away, I'm just another wacky conservative who didn't agree with NAFTA or CAFTA and screamed about renewing China's "Most Favored Nation" status....

spence · 06-19-2009, 03:24 PM

Quote:

Originally Posted by Fishpart

Scary part is jobs in government are the ones being "created or saved" like that's really gonna get the private sector hiring.

I'd like to see some data to back up that assertion. Obama has promised more government jobs but I don't know if many have actually been delivered.

My customers are product development companies all over the east coast and they certainly have reduced the frequency of layoffs and many are even hiring again.

One company I'm working with now produces power transmission equipment (i.e. necessary for civil infrastructure projects) and they're doing quite well.

-spence

justplugit · 06-20-2009, 11:31 AM

Joe Biden on Meet the Press last Sunday was asked why so many jobs
are being lost, even after the Stimulus Package.

His answer, " EVERYONE guessed wrong".

No Joe, not EVERYONE.

GUESSED ??? So much for our so called intellectual community organizer / law instuctor.

spence · 06-20-2009, 11:38 AM

Quote:

Originally Posted by justplugit

Joe Biden on Meet the Press last Sunday was asked why so many jobs
are being lost, even after the Stimulus Package.

His answer, " EVERYBODY guessed wrong".

No Joe, not EVERYONE.

GUESSER??? So much for our so called intellectual community organizer / law instuctor.

I believe the context for this statement was that the Administration used mainstream estimates for their economic projections, hence "everybody" being the entire economic community and not just the Administration.

It is fair to say that the actual economic numbers turned out worse than most had estimated.

To imply that Obama was "guessing" isn't really accurate.

That's not to say that they haven't made some very rosy predictions on economic stimulus impact as they certainly have.

-spence

Raven · 06-20-2009, 12:03 PM

skirts

scottw · 06-20-2009, 01:37 PM

Quote:

Originally Posted by spence

I believe the context for this statement was that the Administration used mainstream estimates(not true) for their economic projections, hence "everybody" being the entire economic community not true, you just make this crap up...entire? and not just the Administration.

It is fair to say that the actual economic numbers turned out worse than most in the Administration had estimated.

To imply that Obama was "guessing" isn't really accurate. he was HOPING

That's not to say that they haven't made some very rosy predictions on economic stimulus impact as they certainly have. "very rosy" doesn't quite describe it
-spence

I love ya Spence but you are just obama deluded...the fact that you will following along and defend willingly with the crap that these guys are trying to run by everyone is really disturbing...

"I believe what Biden was Saying"....Biden doesn't even know what he's saying...EVER!

justplugit · 06-20-2009, 05:50 PM

Quote:

Originally Posted by spence

I believe the context for this statement was that the Administration used mainstream estimates for their economic projections, hence "everybody" being the entire economic community and not just the Administration.

To imply that Obama was "guessing" isn't really accurate.

-spence

Spence, if he had said "WE" guessed wrong, i wouldn't have had an issue with it.

By him saying "everybody" he was implying everyone should take the blame, even if it included the economic community as you implied.

He must have forgotten the 183 votes against the bill in the house.

Either way, "we" or "everyone", Joe was the one who said "guessed wrong", which would include the President.

Joe · 06-21-2009, 01:29 PM

Everybody knows the first indicator to uptick when a recession begins to weaken is the jobs data. Just remember when you change your underpants every third day, "brown in the back, yellow in the front."

scottw · 06-22-2009, 07:16 AM

Quote:

Originally Posted by spence

This is really a dumb thread.

Experts predicted that unemployment would continue to rise through 2009 regardless of what happens. What's good is that the rate of claims on average is trending down from the alarming rate earlier this year.

-spence

maybe the rates of claims is trending down because they're going on welfare.....

JUNE 22, 2009 Numbers On Welfare See Sharp Increase

By SARA MURRAY

Welfare rolls, which were slow to rise and actually fell in many states early in the recession, now are climbing across the country for the first time since President Bill Clinton signed legislation pledging "to end welfare as we know it" more than a decade ago.

Twenty-three of the 30 largest states, which account for more than 88% of the nation's total population, see welfare caseloads above year-ago levels, according to a survey conducted by The Wall Street Journal and the National Conference of State Legislatures. As more people run out of unemployment compensation, many are turning to welfare as a stopgap.

The biggest increases are in states with some of the worst jobless rates. Oregon's count was up 27% in May from a year earlier; South Carolina's climbed 23% and California's 10% between March 2009 and March 2008. A few big states that had seen declining welfare caseloads just a few months ago now are seeing increases: New York is up 1.2%, Illinois 3% and Wisconsin 3.9%.

fishbones · 06-22-2009, 12:28 PM

On the bright side, Government jobs have increased by 85,000 from March to May of 2009.

I'm not sure what's going on with all the "shovel ready projects" for which stimulus money was given, though. Construction (residential and commercial)jobs are down by 59,000 in the last 3 months.

JohnnyD · 06-22-2009, 01:35 PM

Quote:

Originally Posted by fishbones

I'm not sure what's going on with all the "shovel ready projects" for which stimulus money was given, though. Construction (residential and commercial)jobs are down by 59,000 in the last 3 months.

Driving around our towns, road construction jobs surely seem to be on the rise though.

fishbones · 06-22-2009, 01:45 PM

Quote:

Originally Posted by JohnnyD

Driving around our towns, road construction jobs surely seem to be on the rise though.

You ain't kiddin'. I just had to have a bunch of work done on the front end of my car.

Those people are already employed. They figure the longer they take to fix the roads, the longer they remain employed.

FishermanTim · 06-22-2009, 01:47 PM

Most of the current "road construction" projects are those never-ending jobs, you know where they pave the road, dig it up for some assinine reason and then pave it again, and then comeback next year or so to fix all the potholes that "magically appeared" because of the crappy work that was done in the first place.

It is "status quo" that within 2 months of repaving ANY ROAD in this state that they will have to dig it up again for some other project.
Since the state can't even organize a sock swap, we can't expect them to try and get all underground projects done BEFORE they repave the road.

The only stimulus I get from this is in my sphincter

JohnnyD · 06-22-2009, 01:57 PM

Quote:

Originally Posted by FishermanTim

It is "status quo" that within 2 months of repaving ANY ROAD in this state that they will have to dig it up again for some other project.
Since the state can't even organize a sock swap, we can't expect them to try and get all underground projects done BEFORE they repave the road.

A stretch of 106 in Mansfield that runs near the schools was paved something like 7 or 8 times over a 6 year span. My best friend used to live on that stretch. They went through 3 civil engineers during that time and would take 2-4 months to get the job done each time.

But that was during the times when Mansfield had more money than they knew what to do with - a full industrial park, 4-5 nights of concerts per week at Great Woods and more people moving into town than they knew what to do with.

RIJIMMY · 06-23-2009, 02:38 PM

[QUOTE=JohnnyD;695967]A stretch of 106 in Mansfield that runs near the schools was paved something like 7 or 8 times over a 6 year span. My best friend used to live on that stretch. They went through 3 civil engineers during that time and would take 2-4 months to get the job done each time.

QUOTE]

I thought it was just my imagination! I live off that stretch and kept saying, dindt they just do this?? sometimes they'd finish and then rip it up weeks later!

JohnnyD · 06-23-2009, 03:05 PM

Quote:

Originally Posted by RIJIMMY

I thought it was just my imagination! I live off that stretch and kept saying, dindt they just do this?? sometimes they'd finish and then rip it up weeks later!

Same thing is going on now from under the commuter rail bridge and out towards the CVS.