Market at 15K, UE down to 7.5..

[Sallow]

And labor force participation rate drops to the lowest since 1978.. sounds like more phoney numbers in UE to brag about as more people have to leave the work force, got tired of looking, etc....

That's a myth.

I'm really confused. So it isn't true?

You have some people retiring. They are counting that as "dropping out of the labor force". It's what happens all the time. Except it's never been counted that way.

Until now.

There is a caveat to that, however. People that are retiring..are retiring with less.

But that's thanks to conservative policies that fleeced their 401Ks.

 

[bigrebnc1775]

That's a myth.

I'm really confused. So it isn't true?

You have some people retiring. They are counting that as "dropping out of the labor force". It's what happens all the time. Except it's never been counted that way.

Until now.

There is a caveat to that, however. People that are retiring..are retiring with less.

But that's thanks to conservative policies that fleeced their 401Ks.

How ever those of retiring age aren't retiring.

 

[Sallow]

I'm really confused. So it isn't true?

You have some people retiring. They are counting that as "dropping out of the labor force". It's what happens all the time. Except it's never been counted that way.

Until now.

There is a caveat to that, however. People that are retiring..are retiring with less.

But that's thanks to conservative policies that fleeced their 401Ks.

How ever those of retiring age aren't retiring.

True.

Many are taking part time jobs to supplement the deficit in their retirement funding.

That's part and parcel with the financial cataclysm caused by the financial meltdown.

 

[bigrebnc1775]

You have some people retiring. They are counting that as "dropping out of the labor force". It's what happens all the time. Except it's never been counted that way.

Until now.

There is a caveat to that, however. People that are retiring..are retiring with less.

But that's thanks to conservative policies that fleeced their 401Ks.

How ever those of retiring age aren't retiring.

True.

Many are taking part time jobs to supplement the deficit in their retirement funding.

That's part and parcel with the financial cataclysm caused by the financial meltdown.

You know it and I know it you're lying they aren't leaving a job to take a part time job
Fewer Workers Able to Retire at Age 65 - Planning to Retire (usnews.com)

Fewer Americans count on retiring by 65 - Life Inc.

The Greatest Retirement Crisis In American History - Forbes

http://www.nytimes.com/2013/02/03/b...-hardest-hit-by-recession.html?pagewanted=all

OH and how about that obama shutting down one of his obamacare programs?

 

[Sallow]

How ever those of retiring age aren't retiring.

True.

Many are taking part time jobs to supplement the deficit in their retirement funding.

That's part and parcel with the financial cataclysm caused by the financial meltdown.

You know it and I know it you're lying
Fewer Workers Able to Retire at Age 65 - Planning to Retire (usnews.com)

Fewer Americans count on retiring by 65 - Life Inc.

The Greatest Retirement Crisis In American History - Forbes

http://www.nytimes.com/2013/02/03/b...-hardest-hit-by-recession.html?pagewanted=all

OH and how about that obama shutting down one of his obamacare programs?

Not "lying" about anything.

The folks you PUT INTO THE WHITEHOUSE..caused this mess.

And NOW you folks want to blame the guy fixing it while throwing bricks at him while he's working on it.

Why are you folks so damned determined to throw almost every American into financial ruin while propping up the very folks that caused the mess??

Seriously..

 

[bigrebnc1775]

True.

Many are taking part time jobs to supplement the deficit in their retirement funding.

That's part and parcel with the financial cataclysm caused by the financial meltdown.

You know it and I know it you're lying
Fewer Workers Able to Retire at Age 65 - Planning to Retire (usnews.com)

Fewer Americans count on retiring by 65 - Life Inc.

The Greatest Retirement Crisis In American History - Forbes

http://www.nytimes.com/2013/02/03/b...-hardest-hit-by-recession.html?pagewanted=all

OH and how about that obama shutting down one of his obamacare programs?

Not "lying" about anything.

The folks you PUT INTO THE WHITEHOUSE..caused this mess.

And NOW you folks want to blame the guy fixing it while throwing bricks at him while he's working on it.

Why are you folks so damned determined to throw almost every American into financial ruin while propping up the very folks that caused the mess??

Seriously..

Not "lying" about anything.

The folks you PUT INTO THE WHITEHOUSE..caused this mess.

Here you lied

Why are you folks so damned determined to throw almost every American into financial ruin while propping up the very folks that caused the mess??

Here you lied

And NOW you folks want to blame the guy fixing it while throwing bricks at him while he's working on it.

And here is another lie obama doesn't want to fix anything Just take a look at his latest appointment Mel Watt. His hands are very dirty with the big banks.

 

[Sallow]

You know it and I know it you're lying
Fewer Workers Able to Retire at Age 65 - Planning to Retire (usnews.com)

Fewer Americans count on retiring by 65 - Life Inc.

The Greatest Retirement Crisis In American History - Forbes

http://www.nytimes.com/2013/02/03/b...-hardest-hit-by-recession.html?pagewanted=all

OH and how about that obama shutting down one of his obamacare programs?

Not "lying" about anything.

The folks you PUT INTO THE WHITEHOUSE..caused this mess.

And NOW you folks want to blame the guy fixing it while throwing bricks at him while he's working on it.

Why are you folks so damned determined to throw almost every American into financial ruin while propping up the very folks that caused the mess??

Seriously..

Here you lied

Why are you folks so damned determined to throw almost every American into financial ruin while propping up the very folks that caused the mess??

Here you lied

And NOW you folks want to blame the guy fixing it while throwing bricks at him while he's working on it.

And here is another lie obama doesn't want to fix anything Just take a look at his latest appointment Mel Watt. His hands are very dirty with the big banks.

Keep cheerleading for failed policies while disparaging the ones that are working..

That's a sure winner for 2014!

 

[bigrebnc1775]

Not "lying" about anything.

The folks you PUT INTO THE WHITEHOUSE..caused this mess.

And NOW you folks want to blame the guy fixing it while throwing bricks at him while he's working on it.

Why are you folks so damned determined to throw almost every American into financial ruin while propping up the very folks that caused the mess??

Seriously..

Here you lied


Here you lied

And NOW you folks want to blame the guy fixing it while throwing bricks at him while he's working on it.

And here is another lie obama doesn't want to fix anything Just take a look at his latest appointment Mel Watt. His hands are very dirty with the big banks.

Keep cheerleading for failed policies while disparaging the ones that are working..

That's a sure winner for 2014!

Whose failed policies? When was it implemented?
OH and since obama will be shutting down one of his primary parts of obamacare don't count on 2014 or 2016 or if obama will be allowed to remain in the white house.

 

[LeftofLeft]

And no credit to Obama from conservatives...

Why are Liberals celebrating Wall Street? When Republicans are at the helm, market highs are met with cries of greed, wealth disparity, and winners/losers. So why the celebration now? Be consistent.

 

[Rozman]

And no credit to Obama from conservatives...

And no credit to Obama

At least we are not being asked to thank Obama...
But I'm sure that will come from someone here at some point...

 

[TemplarKormac]

1# Cut the red tape-No more tape stopping one from starting a business.
2# Lower the corporate taxes, business taxes...Making us able to compete.
3# Put money into science, technology and educational programs centered around getting people back to work, etc.
4# Stop fucking around with the free market; use it. Obama's private space idea's are the best thing he has done. Why not spread these idea's around some more...
5# Stop bailing out money sinks that are failing because of their own idiocy. Running a business should be done at the corporate level.

Conservatives fight tooth and nail to never let any of the stuff you list, happen, Matt.

With the possible exception of number 2.

Prove it. Who is it that controls the Senate and the White House?

 

[rightwinger]

And no credit to Obama from conservatives...

But I thought we were told that an Obama presidency would destroy the economy?

 

[rightwinger]

1# Cut the red tape-No more tape stopping one from starting a business.
2# Lower the corporate taxes, business taxes...Making us able to compete.
3# Put money into science, technology and educational programs centered around getting people back to work, etc.
4# Stop fucking around with the free market; use it. Obama's private space idea's are the best thing he has done. Why not spread these idea's around some more...
5# Stop bailing out money sinks that are failing because of their own idiocy. Running a business should be done at the corporate level.

Conservatives fight tooth and nail to never let any of the stuff you list, happen, Matt.

With the possible exception of number 2.

Prove it. Who is it that controls the Senate and the White House?

The President can only sign bills that reach his desk.

It takes 60 votes to overturn a Senate filibuster. So what is your point?

 

[bigrebnc1775]

Matus is re-circulating a report he published in January.
... In 2012 the participation rate declined from 64.1 percent to 63.7 percent. This decline was the result of a decline in the prime working age (aged 25-54 years) population that was only partially offset by rising participation among older workers (aged 55 years and over). These movements are a continuation of labor force developments that have been underway since the financial crisis. Even if there is a moderate rebound in participation among prime working age workers, it seems possible that, given population trends, the labor force participation rate will remain close to 63.7 percent.
An increase in the number of discouraged workers is only a minor factor in the decline in the LFPR. In 2012 there were 909,000 discouraged workers, about 420,000 more than normal relative to the size of the population. Returning these “workers" back into the labor force would only boost the participation rate by 0.17pp, to 63.8 percent (the unemployment rate would increase by 0.25pp, to 8.1 percent).


Read more: Why Labor Force Participation Rate Falls - Business Insider

 

[bigrebnc1775]

People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels | Zero Hedge

 

[Freewill]

.

Decent numbers today, real estate is clearly firming up.

Earnings are good, but revenues are still lousy. That just means that companies are lean and efficient, doing more with less, but we're still not spending enough. This rally isn't based on strong fundamentals, which is a little scary. Companies in general aren't yet ready to take a chance, too much shit to deal with.

The Fed sees this and is gonna keep a-pumpin' in the (borrowed) cash. The more they pump in now, the more they have to suck out later.

Anyone who is predicting the future is guessing.

.

Overall government spending is way down. Down farther then Bush or Reagan as a percentage of GDP. And still job creation in the private sector is doing better than Bush.

I'll make a prediction, the country's turned a corner.

Things are getting better.

DESPITE conservative obstruction.

Things for whom is getting better? The rich, you maybe right.

Government spending is not way down and if it is does congress get an ounce of credit?

Obamacare looms as the elephant in the room ready to suck the life out of the longest and weakest recovery in history. It is pure BS that we keep saying the president, any president, can save us. The economy must grow to save itself the government can only keep that from happening, as we have seen.

 

[PredFan]

And no credit to Obama from conservatives...

QE3, duh.

Dumbass.

But go ahead and sink a bunch of money into the market.

 

[CrusaderFrank]

Q for Libs: IS the stock market good or bad

Lib Answer: Yes

 

[Skull Pilot]

And no credit to Obama from conservatives...

There is no credit due.

The Stock market is blowing a bubble because of the artificially low interest rates imposed by the fed and the wanton printing of money.

 

[J.E.D]

Only Obama-bots would try and spin one of the worst economies in US history as being good news....

No one is listening but other Bots, you lost 4 million voters last election... the end is nearing for you.

Who is president? Which party picked up seats in the Senate?