Fox Reports That 98,000,000 Americans Out Of Work

[hadit]

When Bush left he had 80.5 million not in the labor force and 12+ million unemployed, so his 7.4% U-3 rate was also off by a decimal point so it was actually 74%

So now we have 94 million not working......and you claim unemployment has gone down. Only if you ignore specific details. Only if you don't count people who gave up working because they have better options. Like collecting a check from the government. Basically a bribe from Obama not to work.......and become dependent on Democrats.

BULLSHIT!

People who have worked all their lives and paid into SS all their lives EARNED their SS.

Obama just cut Social Security. Did you know this? Probably not since the MSM failed to report it. One would think any POTUS who cuts SS, would get a rash of shit from the MSM...but I guess it only applies to Rs.

Obama did huh? You need to provide links when you make claims. I couldn't find anything about Obama cutting SS. I did find this:

The trustees of Social Security, including three cabinet secretaries, said the disability trust fund would be depleted in the last quarter of 2016. After that, they said, benefits would automatically be cut by 19 percent because revenues, largely from payroll taxes, would be sufficient to cover only 81 percent of scheduled benefit payments.

The report sets up a fight between President Obama and Republicans in Congress. Mr. Obama wants to replenish the disability trust fund by shifting some payroll tax revenues from Social Security’s retirement trust fund.

Republicans, however, want more significant changes to improve the program’s finances. These changes could include reductions in disability benefits, restrictions on eligibility, new measures to combat fraud or new strategies to help people return to work. In January, Republicans adopted a new rule in the House that could block a direct reallocation of money at the expense of the trust fund that provides benefits for retirees.​

Social Security Disability Benefits Face Cuts in 2016, Trustees Say

Then it's clear you can't read.

Read it. Obama, Shifting revenue from the trust fund is a cut which adds to the debt.

All the Republicans want to do is make it harder for people who don't want to work to qualify for disability.....for instance....being depressed shouldn't be a qualification.

Here's a reality check. There is no SS trust fund. By law, any SS surplus must be invested in treasury bonds, which means that any SS surplus is automatically added to the general fund and immediately spent, which has been offsetting part of the general budget deficit. What's happening now and for the baby boomer retirement years is SS will run a deficit. This will have a two fold effect on the budget. First, there will be no surplus to purchase more bonds, so there will be no offsetting part of the deficit. Second, the bonds that were purchased have to be cashed in, which will add to the deficit. This is not good news for the budget.

 

[Rustic]

Believe Barry as a saint, just don't expect anyone else too...

I myself have never been gullible towards career politicians.
Lol

You should know on some level that being gullible is at least one standard deviation above your level of understanding, but keep pretending to yourself you have a grasp of reality.

A career politician is all about hypocrisy, and the their federal government is all about control...

 

[Rustic]

So now we have 94 million not working......and you claim unemployment has gone down. Only if you ignore specific details. Only if you don't count people who gave up working because they have better options. Like collecting a check from the government. Basically a bribe from Obama not to work.......and become dependent on Democrats.

BULLSHIT!

People who have worked all their lives and paid into SS all their lives EARNED their SS.

Obama just cut Social Security. Did you know this? Probably not since the MSM failed to report it. One would think any POTUS who cuts SS, would get a rash of shit from the MSM...but I guess it only applies to Rs.

Obama did huh? You need to provide links when you make claims. I couldn't find anything about Obama cutting SS. I did find this:

The trustees of Social Security, including three cabinet secretaries, said the disability trust fund would be depleted in the last quarter of 2016. After that, they said, benefits would automatically be cut by 19 percent because revenues, largely from payroll taxes, would be sufficient to cover only 81 percent of scheduled benefit payments.

The report sets up a fight between President Obama and Republicans in Congress. Mr. Obama wants to replenish the disability trust fund by shifting some payroll tax revenues from Social Security’s retirement trust fund.

Republicans, however, want more significant changes to improve the program’s finances. These changes could include reductions in disability benefits, restrictions on eligibility, new measures to combat fraud or new strategies to help people return to work. In January, Republicans adopted a new rule in the House that could block a direct reallocation of money at the expense of the trust fund that provides benefits for retirees.​

Social Security Disability Benefits Face Cuts in 2016, Trustees Say

Then it's clear you can't read.

Read it. Obama, Shifting revenue from the trust fund is a cut which adds to the debt.

All the Republicans want to do is make it harder for people who don't want to work to qualify for disability.....for instance....being depressed shouldn't be a qualification.

Here's a reality check. There is no SS trust fund. By law, any SS surplus must be invested in treasury bonds, which means that any SS surplus is automatically added to the general fund and immediately spent, which has been offsetting part of the general budget deficit. What's happening now and for the baby boomer retirement years is SS will run a deficit. This will have a two fold effect on the budget. First, there will be no surplus to purchase more bonds, so there will be no offsetting part of the deficit. Second, the bonds that were purchased have to be cashed in, which will add to the deficit. This is not good news for the budget.

Amen, there can be no surplus when there is an outstanding balance(debt)… that is learned in grade school.

 

[hadit]

BULLSHIT!

People who have worked all their lives and paid into SS all their lives EARNED their SS.

Obama just cut Social Security. Did you know this? Probably not since the MSM failed to report it. One would think any POTUS who cuts SS, would get a rash of shit from the MSM...but I guess it only applies to Rs.

Obama did huh? You need to provide links when you make claims. I couldn't find anything about Obama cutting SS. I did find this:

The trustees of Social Security, including three cabinet secretaries, said the disability trust fund would be depleted in the last quarter of 2016. After that, they said, benefits would automatically be cut by 19 percent because revenues, largely from payroll taxes, would be sufficient to cover only 81 percent of scheduled benefit payments.

The report sets up a fight between President Obama and Republicans in Congress. Mr. Obama wants to replenish the disability trust fund by shifting some payroll tax revenues from Social Security’s retirement trust fund.

Republicans, however, want more significant changes to improve the program’s finances. These changes could include reductions in disability benefits, restrictions on eligibility, new measures to combat fraud or new strategies to help people return to work. In January, Republicans adopted a new rule in the House that could block a direct reallocation of money at the expense of the trust fund that provides benefits for retirees.​

Social Security Disability Benefits Face Cuts in 2016, Trustees Say

Then it's clear you can't read.

Read it. Obama, Shifting revenue from the trust fund is a cut which adds to the debt.

All the Republicans want to do is make it harder for people who don't want to work to qualify for disability.....for instance....being depressed shouldn't be a qualification.

Here's a reality check. There is no SS trust fund. By law, any SS surplus must be invested in treasury bonds, which means that any SS surplus is automatically added to the general fund and immediately spent, which has been offsetting part of the general budget deficit. What's happening now and for the baby boomer retirement years is SS will run a deficit. This will have a two fold effect on the budget. First, there will be no surplus to purchase more bonds, so there will be no offsetting part of the deficit. Second, the bonds that were purchased have to be cashed in, which will add to the deficit. This is not good news for the budget.

Amen, there can be no surplus when there is an outstanding balance(balance)… that is learned in grade school.

The dirty little secret is that every president since 1939 has benefited from SS surpluses.

 

[mudwhistle]

So now we have 94 million not working......and you claim unemployment has gone down. Only if you ignore specific details. Only if you don't count people who gave up working because they have better options. Like collecting a check from the government. Basically a bribe from Obama not to work.......and become dependent on Democrats.

BULLSHIT!

People who have worked all their lives and paid into SS all their lives EARNED their SS.

Obama just cut Social Security. Did you know this? Probably not since the MSM failed to report it. One would think any POTUS who cuts SS, would get a rash of shit from the MSM...but I guess it only applies to Rs.

Obama did huh? You need to provide links when you make claims. I couldn't find anything about Obama cutting SS. I did find this:

The trustees of Social Security, including three cabinet secretaries, said the disability trust fund would be depleted in the last quarter of 2016. After that, they said, benefits would automatically be cut by 19 percent because revenues, largely from payroll taxes, would be sufficient to cover only 81 percent of scheduled benefit payments.

The report sets up a fight between President Obama and Republicans in Congress. Mr. Obama wants to replenish the disability trust fund by shifting some payroll tax revenues from Social Security’s retirement trust fund.

Republicans, however, want more significant changes to improve the program’s finances. These changes could include reductions in disability benefits, restrictions on eligibility, new measures to combat fraud or new strategies to help people return to work. In January, Republicans adopted a new rule in the House that could block a direct reallocation of money at the expense of the trust fund that provides benefits for retirees.​

Social Security Disability Benefits Face Cuts in 2016, Trustees Say

Then it's clear you can't read.

Read it. Obama, Shifting revenue from the trust fund is a cut which adds to the debt.

All the Republicans want to do is make it harder for people who don't want to work to qualify for disability.....for instance....being depressed shouldn't be a qualification.

Here's a reality check. There is no SS trust fund. By law, any SS surplus must be invested in treasury bonds, which means that any SS surplus is automatically added to the general fund and immediately spent, which has been offsetting part of the general budget deficit. What's happening now and for the baby boomer retirement years is SS will run a deficit. This will have a two fold effect on the budget. First, there will be no surplus to purchase more bonds, so there will be no offsetting part of the deficit. Second, the bonds that were purchased have to be cashed in, which will add to the deficit. This is not good news for the budget.

Which is why Democrats stopped Bush from privatization of SS.

 

[Rustic]

Obama just cut Social Security. Did you know this? Probably not since the MSM failed to report it. One would think any POTUS who cuts SS, would get a rash of shit from the MSM...but I guess it only applies to Rs.

Obama did huh? You need to provide links when you make claims. I couldn't find anything about Obama cutting SS. I did find this:

The trustees of Social Security, including three cabinet secretaries, said the disability trust fund would be depleted in the last quarter of 2016. After that, they said, benefits would automatically be cut by 19 percent because revenues, largely from payroll taxes, would be sufficient to cover only 81 percent of scheduled benefit payments.

The report sets up a fight between President Obama and Republicans in Congress. Mr. Obama wants to replenish the disability trust fund by shifting some payroll tax revenues from Social Security’s retirement trust fund.

Republicans, however, want more significant changes to improve the program’s finances. These changes could include reductions in disability benefits, restrictions on eligibility, new measures to combat fraud or new strategies to help people return to work. In January, Republicans adopted a new rule in the House that could block a direct reallocation of money at the expense of the trust fund that provides benefits for retirees.​

Social Security Disability Benefits Face Cuts in 2016, Trustees Say

Then it's clear you can't read.

Read it. Obama, Shifting revenue from the trust fund is a cut which adds to the debt.

All the Republicans want to do is make it harder for people who don't want to work to qualify for disability.....for instance....being depressed shouldn't be a qualification.

Here's a reality check. There is no SS trust fund. By law, any SS surplus must be invested in treasury bonds, which means that any SS surplus is automatically added to the general fund and immediately spent, which has been offsetting part of the general budget deficit. What's happening now and for the baby boomer retirement years is SS will run a deficit. This will have a two fold effect on the budget. First, there will be no surplus to purchase more bonds, so there will be no offsetting part of the deficit. Second, the bonds that were purchased have to be cashed in, which will add to the deficit. This is not good news for the budget.

Amen, there can be no surplus when there is an outstanding balance(balance)… that is learned in grade school.

The dirty little secret is that every president since 1939 has benefited from SS surpluses.

This is true, it's called career politician math(kinda like an lock box) it only exists in a federal government. Anywhere else this creative so called accounting can never work...
Like I said socialism is a cancer...

 

[rightwinger]

Labor Participation Rate is a good statistic for those who worry why more 16 year olds, stay at home moms and retirees are not working

 

[Rustic]

Labor Participation Rate is a good statistic for those who worry why more 16 year olds, stay at home moms and retirees are not working

No one can count on the federal government to tell truth... Career politicians are funny that way.

 

[edthecynic]

No one can count on the federal government to tell truth.

But everyone can count on the Right lying, and then lying some more.

 

[Siete]

Labor Participation Rate is a good statistic for those who worry why more 16 year olds, stay at home moms and retirees are not working

LPR is a good stat for RW's to count as unemployment when a Dem president has been elected ... it doesn't exist if a president is a Republican.

 

[rightwinger]

Labor Participation Rate is a good statistic for those who worry why more 16 year olds, stay at home moms and retirees are not working

LPR is a good stat for RW's to count as unemployment when a Dem president has been elected ... it doesn't exist if a president is a Republican.

When Obama took office and reversed the Great Bush Recession of 2008, all Republicans would counter with is ...What about unemployment? Employment is the only economic indicator that really matters

Once unemployment went single digits they ranted how he was the only president with Unemployment over 8%

Now that it is below 5% they rave about Labor Participation Rate

 

[gipper]

No one can count on the federal government to tell truth.

But everyone can count on the Right lying, and then lying some more.

The classic partisan only sees problems caused by the opposing party...he ignores those caused by his party.

It is a mental illness or maybe just simply stupidity.

 

[Siete]

Labor Participation Rate is a good statistic for those who worry why more 16 year olds, stay at home moms and retirees are not working

LPR is a good stat for RW's to count as unemployment when a Dem president has been elected ... it doesn't exist if a president is a Republican.

When Obama took office and reversed the Great Bush Recession of 2008, all Republicans would counter with is ...What about unemployment? Employment is the only economic indicator that really matters

Once unemployment went single digits they ranted how he was the only president with Unemployment over 8%

Now that it is below 5% they rave about Labor Participation Rate

they rave 24/7/365 ... nobody but them cares.


sad ittle creatures.

 

[hadit]

Labor Participation Rate is a good statistic for those who worry why more 16 year olds, stay at home moms and retirees are not working

LPR is a good stat for RW's to count as unemployment when a Dem president has been elected ... it doesn't exist if a president is a Republican.

Likewise the "It was so bad it's just taking this long to fix it" excuse will evaporate the instant the next Republican president is elected.

 

[gipper]

No one can count on the federal government to tell truth.

But everyone can count on the Right lying, and then lying some Kore.

The left never lies right?

 

[regent]

The worst statistic yet on unemployment is in the zero to twelve years of age bracket. At one time the figures were much higher with kids working in the mines and mills, but now with Obama it's practically zero.

 

[rightwinger]

The worst statistic yet on unemployment is in the zero to twelve years of age bracket. At one time the figures were much higher with kids working in the mines and mills, but now with Obama it's practically zero.

Little freeloaders...Trump will put them to work

 

[Dovahkiin]

Anyone citing this shit pretending it means something is literally retarded. You morons do know this number includes infants, kids in school, college students, mothers not working to raise kids, disabled people, veterans, and most of all, PEOPLE RETIRED.

 

[bendog]

Sure is a lotta people. Can't the poor children work?

 

[Soggy in NOLA]

7 straight years of job growth? Unemployment rate that has fallen from 10.1 % to 4.9%? A strong dollar? A strong stock market? Record profits for the auto industry that was at the point of going out of business in 2009?

Obama the socialist. LOL

You must now watch the news much.