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Thread: US adds fewer jobs than expected

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    Default US adds fewer jobs than expected

    US adds fewer jobs than expected

    Job growth is a key indicator of future economic expansion
    Employers in the US added 92,000 new jobs in July, the lowest rate of employment since February, Department of Labor numbers show.

    In a further discouraging sign of the pace of economic growth, the national unemployment rate rose to its highest level since the start of the year.

    The 4.6% unemployment rate in July was the highest since a similar 4.6% rate in January.

    In addition, for the first time in 18 months, the government cut hiring.

    http://news.bbc.co.uk/2/hi/business/6929715.stm
    Bush doubled the debt from 5 trillion to 10 trillion.
    Proving tax cuts work!

    Bush asked for and signed for the TARP money.
    The Republican senate leader backed Bush on this.

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    92,000 is not that bad, with the mortgage idiots screaming for help and the average investor shitting his pants right now it's a great time to buy stocks.

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    count on topper to always find the silver lining in the weakest post-world war 2 economic recovery on record.

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    He's giving good advice though. Don't assume that because you disagree with him sometimes politically that his advice is bad. It is a good time to buy.
    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

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    There's a cloud for every silver lining, Top.

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    OH NOWEZ omgz THE SKY IS FALLING WE MUST INSTITIUE SOCIALISM AND ISOLATIONSIMS IMEDATLY RO ELSE ALL JOB S WI LL GO!?

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    count on Cypress Castro to be the ever present whiney little dem bitch.

    the number of millionaires has gone up by 4,000,000 in the last 6 yrs, your retarded

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    How many 900,000 airs were there 6 yrs ago, Top?

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    Quote Originally Posted by Topspin View Post
    the number of millionaires has gone up by 4,000,000 in the last 6 yrs, your retarded
    Hey, if you're looking for an argument against the idea that the disparity between the haves & have nots keeps growing at an accelerated pace, you're not gonna get one here...

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    Quote Originally Posted by Watermark View Post
    OH NOWEZ omgz THE SKY IS FALLING WE MUST INSTITIUE SOCIALISM AND ISOLATIONSIMS IMEDATLY RO ELSE ALL JOB S WI LL GO!?
    OMG, we must lie to the world about how globalism is best for everybody, when really it's just best for rich people!

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    Quote Originally Posted by AssHatZombie View Post
    OMG, we must lie to the world about how globalism is best for everybody, when really it's just best for rich people!
    It depends on what you're talking about, really.
    "Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34

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    Quote Originally Posted by Watermark View Post
    It depends on what you're talking about, really.
    I'm talking about globalism. Globalism is about globalism.

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    Quote Originally Posted by AssHatZombie View Post
    I'm talking about globalism. Globalism is about globalism.
    This is an honest question, not a rhetorical one. If all countries pretty much shut down its borders and only deal economically with itself how is that better than globilization?

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    Quote Originally Posted by cawacko View Post
    This is an honest question, not a rhetorical one. If all countries pretty much shut down its borders and only deal economically with itself how is that better than globilization?
    How is outsourcing all jobs beneficial to working class americans? I mean if we're speaking in extremist rhetoric...

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    Quote Originally Posted by AssHatZombie View Post
    How is outsourcing all jobs beneficial to working class americans? I mean if we're speaking in extremist rhetoric...
    Ok, let me ask this way. What policies would you like to see implemented in the U.S. to either stop globalization or have it on terms that are acceptable to you?

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