ther new job numbers are here

Rana said:
I plan on reading some of their material to find out.
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I would be interested in reading it as well if you have a link or a book to reference. That said, the complexities of the economy and the lack of comprehension of so many politicians worldwide on economics makes this a very difficult task.

Take a look at what the Fed has been doing with their quantitative easing programs. The market has now come to expect it. Sooner or later they HAVE to stop. When that happens, the current bubble will likely burst. But when bad news hits and the stock markets go up as a result of expectations of increased Fed activity, that is horrid long term as it erases the effectiveness of the Fed. The Fed money is like crack and the market is the addict.
 
Here is the FED's mandate:

The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.
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We aren't at maximum employment and prices are (and have been for quite some time) below the FED's target of 2% inflation and interest rates. The FED should be doing more, not less.
 
Superfreak said:
I would be interested in reading it as well if you have a link or a book to reference. That said, the complexities of the economy and the lack of comprehension of so many politicians worldwide on economics makes this a very difficult task.

Take a look at what the Fed has been doing with their quantitative easing programs. The market has now come to expect it. Sooner or later they HAVE to stop. When that happens, the current bubble will likely burst. But when bad news hits and the stock markets go up as a result of expectations of increased Fed activity, that is horrid long term as it erases the effectiveness of the Fed. The Fed money is like crack and the market is the addict.
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There are books and articles listed on the site.

You know me, I am Mrs. Utopia. Cookies for everyone!
 
Damocles said:
I think I may have been reading the March report... :sheepish look:

They aren't bad and beat expectations for non-farm jobs this month, almost making up the ground lost in March in expectations. And as a real positive. 210,000 people re-entered the labor force. This is good news.
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You da MAN!
 
Thing1 said:
All she said is that they're decent #'s. They're certainly not gangbusters, but they are decent.

I'm not sure why job #'s have to be a partisan thing. Every administration, it seems like half the people are overly rosy on the economy, and half spend the whole time talking it down.
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Like you say, at lease we're going in the right direction.....
 
Howey said:
No, you're wrong. There's a substantial number of people in this country who want it to fail. They want us to go under in a fiery blast of guns, guns, guns! and insurrection. Look at ILA, Bravo, and a couple of others. All they post is negativity...because they want that black man to fail. They want us to learn our lesson. They want to put us in our place.
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Where the fuck are you gonna grow up.....is idiot the only gear you have....

We tell it like it is....and right now, things are looking better.
 
Dungheap said:
Here is the FED's mandate:



We aren't at maximum employment and prices are (and have been for quite some time) below the FED's target of 2% inflation and interest rates. The FED should be doing more, not less.
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If you mean they should be printing more money, you're wrong....
All the money floating around and the low interest is exactly why the market is rising....it has no where else to go.
 
Thing1 said:
All she said is that they're decent #'s. They're certainly not gangbusters, but they are decent.

I'm not sure why job #'s have to be a partisan thing. Every administration, it seems like half the people are overly rosy on the economy, and half spend the whole time talking it down.
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Jobless recovery? Remember that? 5.5% unemployment and the republican was crucified. Excuse me if I don't buy your "I'm not sure" act.
 
Howey said:
from your bud ILA - seen in a quote.
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Yep the toxoplasmosis is impacting your neuronal function again. That was a statement of fact not a wish. God you are stupid. No wonder your friend would rather stay with an abusive boyfriend than move in with your dumb ass
 
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