Obama artificial economics exposed by job losses?

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Obama's fantasy economic world took another blow when the U.S. job losses rose to 9.8%, a fresh 26-year high, in September 2009. According to the Labort Department, over 263,000 jobs were lost. It also revised the figures for July and August to 13,000 more job losses than previously reported.

To read entire article and see video, go to:

examiner.com
 
jobs are lagging indicator. In not shocked at all by this. Reflects 6months ago's market.
 
jobs are lagging indicator. In not shocked at all by this. Reflects 6months ago's market.

Bullshit chapdog.

This is expected to be another "jobless recovery".

This articial economics is done by both parties. they are elitists, and are trying to figure out how to revive the markets but still leave regular people in the shitter.
 
jobs will return. lots of companies planning to hire 2010. in fact my own analysis is showing the markets loosening up around my area now based on the trend i keep of jobs by keyword by week.
 
Obama's fantasy economic world took another blow when the U.S. job losses rose to 9.8%, a fresh 26-year high, in September 2009. According to the Labort Department, over 263,000 jobs were lost. It also revised the figures for July and August to 13,000 more job losses than previously reported.

To read entire article and see video, go to:

examiner.com

This number also does not include those persons who cannot claim unemployment such as business owners or private consultants/contractors/self employed.
 
jobs will return. lots of companies planning to hire 2010. in fact my own analysis is showing the markets loosening up around my area now based on the trend i keep of jobs by keyword by week.

Maybe, maybe not. but the economics are artificial, designed to hide the deeply destructive effects of overzealous globalization on the american working class.
 
The real unemployment figure is around 17%.

An alternative method of calculating unemployment which counts those not seeking jobs has a rate of 17%. That is not the "real" method of unemployment, just an unorthodox method of counting unemployment. Another case of conservatives treating hyperbolic rhetoric as objective reality.
 
Obama's fantasy economic world took another blow when the U.S. job losses rose to 9.8%, a fresh 26-year high, in September 2009. According to the Labort Department, over 263,000 jobs were lost. It also revised the figures for July and August to 13,000 more job losses than previously reported.

To read entire article and see video, go to:

examiner.com

So let's see, Obama inherits total economic fuck up, and is expected to perform a miracle within 9 months. Add to that the obstructionist, vendetta ridden GOP fighting him every step of the way, and that Obama's actual implementation of policy changes are less than 5 months old...and the neocon natterings to blame him for our economical troubles would be laughable if we didn't actually have to live with the stupid bastards implementations of their ideology.
 
So let's see, Obama inherits total economic fuck up, and is expected to perform a miracle within 9 months. Add to that the obstructionist, vendetta ridden GOP fighting him every step of the way, and that Obama's actual implementation of policy changes are less than 5 months old...and the neocon natterings to blame him for our economical troubles would be laughable if we didn't actually have to live with the stupid bastards implementations of their ideology.

Neocons approve of the bailouts. You're don't even know which way is up.
 
An alternative method of calculating unemployment which counts those not seeking jobs has a rate of 17%. That is not the "real" method of unemployment, just an unorthodox method of counting unemployment. Another case of conservatives treating hyperbolic rhetoric as objective reality.

You're a joke. That's the way Belme said it should be counted when Bush was president. I wonder what spin he would put on it now. These people have given up looking and THEY ARE STILL UNEMPLOYED. It's still not looking good.
 
You're a joke. That's the way Belme said it should be counted when Bush was president.

I'm not Belme. There are multiple methods of counting unemployment, and one way that is usually referenced. The reason is that the amount of people who don't want to look for work remains roughly constant. Adding housewives and trust fund babies to the unemployment figures would be economic nonsense, and wouldn't reflect the pain of real workers on the ground. So obviously the most common measure would be more economically useful - but I'm not going to pretend it's the "real" way.
 
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So let's see, Obama inherits total economic fuck up, and is expected to perform a miracle within 9 months. Add to that the obstructionist, vendetta ridden GOP fighting him every step of the way, and that Obama's actual implementation of policy changes are less than 5 months old...and the neocon natterings to blame him for our economical troubles would be laughable if we didn't actually have to live with the stupid bastards implementations of their ideology.

LOL when does Obama get the credit for continuing to fuck things up?
I swear, you same folks couldn't wait to blame Bush for the slowdown instigated by Fed asshole Greespan during the waning years of the Clinton admin. Greenspan killed the economy by jacking interest rates and by the time Bush was in office they were desperate to kick start things again. That's why the rates dropped to historic lows. Now every idiot got a loan and defaulted. The investing morons bought the debt and then libtards and neocons voted for a bailout.

It's a simple rinse/repeat cycle perpetrated by the big chip stacks.
 
The economy lost more than the bailouts cost between last fall & February.

How much do you think you'd owe if they never passed the bailouts?

The same amount less my share of the bailout(+interest)

Do you think taxpayers didn't pay for it?
How much would my taxes be if the bailouts worked?

Face it dumbass, you have no clue why you evenb supported it because you're an economic simpleton.
 
I wish we hadn't passed the bailouts, so that tinfoil would stay permanently unemployed. Maybe in a decade he'd realize that his economics are shit, and he'd wisen up. A liberal is a conservative who's been mugged by reality.
 
Originally Posted by Taichiliberal
So let's see, Obama inherits total economic fuck up, and is expected to perform a miracle within 9 months. Add to that the obstructionist, vendetta ridden GOP fighting him every step of the way, and that Obama's actual implementation of policy changes are less than 5 months old...and the neocon natterings to blame him for our economical troubles would be laughable if we didn't actually have to live with the stupid bastards implementations of their ideology.

LOL when does Obama get the credit for continuing to fuck things up?

Pay attention chuckles.....go ask an adult to explain to you that an elected President cannot instantaneously inact policy changes on all levels of the federal gov't....you've got to go through Congress for that. Then ask the adult to explain to you how long it generally takes for the economy to actually bounce back in terms of jobs, entreprenurial business, etc. If you engaged an 8th of the brain that God gave you, you would have noted the time table I mentioned refers to this.
I swear, you same folks couldn't wait to blame Bush for the slowdown instigated by Fed asshole Greespan during the waning years of the Clinton admin. Greenspan killed the economy by jacking interest rates and by the time Bush was in office they were desperate to kick start things again. That's why the rates dropped to historic lows. Now every idiot got a loan and defaulted. The investing morons bought the debt and then libtards and neocons voted for a bailout. You're a living example of how dangerous a little knowledge is. Pay attention chuckles, what you leave out is the FACT that you had a deregulation emphasis starting by Ronnie Raygun, who then added insult to injury with his infamous "trickle down economics" that was continued under Daddy Bush. That gave banks the ability to mix in bad loans to their annual assests as if they were good...then buy/sell them to each other with no one the wiser. Add to this Greenspans foibles, Wall St. 'speculation-rules-the-day edicts, Clinton's fence straddling, the Shrubs reganomics on steriods approach and voila, you have today's mess. I'm just putting the blame were it belongs...and for you or anyone else to pretend that the last 8 years was not a major contributor to the shit pile Obama has to clean up now indicates a less than firm grasp of reality.

It's a simple rinse/repeat cycle perpetrated by the big chip stacks.

See above responses.
 
So let's see, Obama inherits total economic fuck up, and is expected to perform a miracle within 9 months. Add to that the obstructionist, vendetta ridden GOP fighting him every step of the way, and that Obama's actual implementation of policy changes are less than 5 months old...and the neocon natterings to blame him for our economical troubles would be laughable if we didn't actually have to live with the stupid bastards implementations of their ideology.
Liberal policies started this whole slide, now your side has complete unfettered control, and it's gotten worse with no end in sight. So you blame the GOP. LOL
 
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