Page 1 of 2 12 LastLast
Results 1 to 15 of 22

Thread: We have gone from losing 750,000 jobs per month to five months of job growth

  1. #1 | Top
    Join Date
    Jan 2010
    Posts
    345
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default We have gone from losing 750,000 jobs per month to five months of job growth

    I think in our discussions, we share the view that the economy is strengthening, that we are into recovery, that it’s actually led by some interesting sectors like manufacturing that we haven’t seen in quite some time.

    The tech sectors are strong.

    We have gone from losing 750,000 jobs per month to five months of job growth now, private sector job growth that is obviously so important to consumer confidence and the well-being of the economy overall.

    There is a great concern about the 8 million jobs that were lost during the course of these last two years, and that we’ve got to continually push the pace of economic growth in order to put people back to work.

    That, ultimately is the measure for most Americans of how well the economy is doing, and although we’ve seen corporate profits go up, we have seen some very positive trends in a number of sectors.

    Unfortunately, because of the troubles that we’ve seen in Europe, we’re now seeing some headwinds and some skittishness and nervousness on the part of the markets and on part of business and investors, and so we’re still going to have to work through that.

    Not only will completion of the financial regulatory reform bill provide some certainty to the markets about how we are going to prevent a crisis like this from happening again, but it also ensures that consumers are going to be protected like never before on all the things day to day that involve interactions with the financial system.

    From credit card debt to mortgages, consumers are going to have the kinds of protections that they have not had before.

    We’re going to be taking a whole range of financial instruments that had been in the shadows and we’re going to be putting them in the light of day so that regulators can provide the oversight that potentially would prevent a future crisis.

    We’re going to be in a position to resolve the failure of one institution without seeing it infect the entire financial system.

    I continue to be convinced that with financial regulatory reform in place, with a recovery well underway, that we have enormous potential to build on the hard work that’s been done by this team and put people back to work, and keep this recovery and the economy growing over the next several years.

    But we can’t let up.

    We’re going to have to continue to be vigilant.

  2. #2 | Top
    Join Date
    Jul 2006
    Location
    Colorado
    Posts
    85,117
    Thanks
    2,507
    Thanked 16,531 Times in 10,535 Posts
    Groans
    2
    Groaned 578 Times in 535 Posts
    Blog Entries
    5

    Default

    Too bad 95% of the growth is temp Census jobs... Your "stimulus" stinks.
    Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
    - -- Aristotle

    Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
    - -- The Buddha

    It is the mark of an educated mind to be able to entertain a thought without accepting it.
    - -- Aristotle

  3. #3 | Top
    Join Date
    Jun 2010
    Posts
    246
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    Quote Originally Posted by President Barack Obama View Post
    I think in our discussions, we share the view that the economy is strengthening, that we are into recovery, that it’s actually led by some interesting sectors like manufacturing that we haven’t seen in quite some time.

    The tech sectors are strong.

    We have gone from losing 750,000 jobs per month to five months of job growth now, private sector job growth that is obviously so important to consumer confidence and the well-being of the economy overall.

    There is a great concern about the 8 million jobs that were lost during the course of these last two years, and that we’ve got to continually push the pace of economic growth in order to put people back to work.

    That, ultimately is the measure for most Americans of how well the economy is doing, and although we’ve seen corporate profits go up, we have seen some very positive trends in a number of sectors.

    Unfortunately, because of the troubles that we’ve seen in Europe, we’re now seeing some headwinds and some skittishness and nervousness on the part of the markets and on part of business and investors, and so we’re still going to have to work through that.

    Not only will completion of the financial regulatory reform bill provide some certainty to the markets about how we are going to prevent a crisis like this from happening again, but it also ensures that consumers are going to be protected like never before on all the things day to day that involve interactions with the financial system.

    From credit card debt to mortgages, consumers are going to have the kinds of protections that they have not had before.

    We’re going to be taking a whole range of financial instruments that had been in the shadows and we’re going to be putting them in the light of day so that regulators can provide the oversight that potentially would prevent a future crisis.

    We’re going to be in a position to resolve the failure of one institution without seeing it infect the entire financial system.

    I continue to be convinced that with financial regulatory reform in place, with a recovery well underway, that we have enormous potential to build on the hard work that’s been done by this team and put people back to work, and keep this recovery and the economy growing over the next several years.

    But we can’t let up.

    We’re going to have to continue to be vigilant.
    You lie!

  4. #4 | Top
    Join Date
    Jun 2010
    Posts
    30
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    Through tax cuts for businesses and other incentives, we have prevented this bad situation from becoming even worse.

    Democrats have given Republicans every chance to say 'yes' to this bill and support economic recovery for our middle class.

    We're not going to give up.

  5. #5 | Top
    Join Date
    Mar 2008
    Posts
    47,970
    Thanks
    4,579
    Thanked 3,084 Times in 2,618 Posts
    Groans
    3,368
    Groaned 2,119 Times in 1,992 Posts

    Default

    jobs are still being lost mr. liar president

  6. #6 | Top
    Join Date
    Mar 2008
    Posts
    47,970
    Thanks
    4,579
    Thanked 3,084 Times in 2,618 Posts
    Groans
    3,368
    Groaned 2,119 Times in 1,992 Posts

    Default

    did obama say this or this just legion making shit up as usual

  7. #7 | Top
    Join Date
    Jun 2010
    Posts
    190
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Question

    Quote Originally Posted by Yurt View Post
    did obama say this or this just legion making shit up as usual
    Did you graduate High School, or are you just making up shit as usual?

  8. #8 | Top
    Join Date
    Jul 2006
    Posts
    61,320
    Thanks
    7,144
    Thanked 8,821 Times in 6,166 Posts
    Groans
    5,805
    Groaned 1,532 Times in 1,444 Posts
    Blog Entries
    3

    Default

    Urrr... the unemployment rate has gone down like 1%, hasn't it?
    "Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34

  9. #9 | Top
    Join Date
    Jul 2006
    Location
    Convington, La
    Posts
    22,763
    Thanks
    2,261
    Thanked 543 Times in 432 Posts
    Groans
    1,642
    Groaned 623 Times in 562 Posts

    Default

    I'm sure your second term job growth numbers will be better than this term.
    That is if you don't let the tea party hijack the marijuana freedom issue!!!! then you'd be toast
    The stone that the builder refused
    Will always be the head corner stone

  10. #10 | Top
    Join Date
    Jul 2006
    Location
    Colorado
    Posts
    85,117
    Thanks
    2,507
    Thanked 16,531 Times in 10,535 Posts
    Groans
    2
    Groaned 578 Times in 535 Posts
    Blog Entries
    5

    Default

    Quote Originally Posted by Yurt View Post
    did obama say this or this just legion making shit up as usual
    It's the transcript of his weekly radio address.
    Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
    - -- Aristotle

    Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
    - -- The Buddha

    It is the mark of an educated mind to be able to entertain a thought without accepting it.
    - -- Aristotle

  11. #11 | Top
    Join Date
    Jul 2006
    Location
    Colorado
    Posts
    85,117
    Thanks
    2,507
    Thanked 16,531 Times in 10,535 Posts
    Groans
    2
    Groaned 578 Times in 535 Posts
    Blog Entries
    5

    Default

    Quote Originally Posted by Wickedjews View Post
    Urrr... the unemployment rate has gone down like 1%, hasn't it?
    No. It hasn't.
    Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
    - -- Aristotle

    Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
    - -- The Buddha

    It is the mark of an educated mind to be able to entertain a thought without accepting it.
    - -- Aristotle

  12. #12 | Top
    Join Date
    Jun 2010
    Posts
    30
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    We have a basic responsibility to help our constituents respond to emergencies.

    We have a fundamental obligation not to deny them the help they need when they need it the most.

    If we had Senator Byrd's replacement we would have 60. We have to wait and see what a couple of Republicans do.

  13. #13 | Top
    Join Date
    Jan 2010
    Posts
    345
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    Let's be fair though, the other party's opposition is also rooted in their sincere beliefs about how the economy works.

    They believe that our economy will do better if we simply let the banks and oil companies and insurance industry make their own rules.

  14. #14 | Top
    Join Date
    Jun 2010
    Posts
    246
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    You lie!

  15. #15 | Top
    Join Date
    Jan 2010
    Posts
    345
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    We have a choice as a nation.

    I want to move forward.

Similar Threads

  1. Economic growth slows to 1.6%
    By uscitizen in forum Current Events Forum
    Replies: 22
    Last Post: 10-24-2013, 05:21 AM
  2. Adding jobs for five months in a row
    By Canceled.LTroll.8 in forum Current Events Forum
    Replies: 2
    Last Post: 06-12-2010, 01:33 PM
  3. No sex for 3 months or no internet for 3 months?
    By BRUTALITOPS in forum Off Topic Forum
    Replies: 22
    Last Post: 05-01-2009, 04:34 PM
  4. For Darla: Losing jobs in unequal numbers
    By Chapdog in forum Current Events Forum
    Replies: 31
    Last Post: 12-07-2008, 10:20 AM
  5. Employers cut jobs for sixth straight month
    By uscitizen in forum Current Events Forum
    Replies: 37
    Last Post: 07-03-2008, 11:26 AM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •