The Obama legacy: 92898000 Americans not working

[rightwinger]

A thank you to the Great President Obama ...

How many did Obama hire?

Not many

Overall employment increased in spite of Republican insistence on restricting government hiring

Obama was the only president expected to recover from a major recession without government hiring

Those shit heads eliminated over a half million public sector jobs...this has led in Florida where I live to absolutely dysfunctional Corrections Department that regularly murders inmates including by boiling them alive in order to keep control amidst Rick Scott cuts to funding

It was the only time in history that we attempted an economic recovery through austerity spending

 

[rdean]

Eat shit.

That would make him a "cannibal" among conservatives...

Shortly after the A.C.A. passed, in 2010, a group of conservative lawyers met at a conference in Washington, D.C., sponsored by the American Enterprise Institute, and scoured the nine-hundred-page text of the law, looking for grist for possible lawsuits. Michael Greve, a board member of the Competitive Enterprise Institute, a libertarian outfit funded by, among others, the Koch brothers, said, of the law, “This bastard has to be killed as a matter of political hygiene. I do not care how this is done, whether it’s dismembered, whether we drive a stake through its heart, whether we tar and feather it and drive it out of town, whether we strangle it.” In time, lawyers hired by the C.E.I. discovered four words buried in Section 36B, which refers to the exchanges—now known as marketplaces—where people can buy health-insurance policies. The A.C.A. created federal tax subsidies for those earning less than a certain income to help pay for their premiums and other expenses, and, in describing who is eligible, Section 36B refers to exchanges “established by the State.” However, thirty-four states, most of them under Republican control, refused to create exchanges; for residents of such states, the law had established a federal exchange. But, according to the conjurings of the C.E.I. attorneys, the subsidies should be granted only to people who bought policies on the state exchanges, because of those four words in Section 36B. The lawyers recruited plaintiffs and filed a lawsuit; their goal is to revoke the subsidies provided to the roughly seven and a half million people who were left no choice by the states where they live but to buy on the federal exchange. Hard Cases By Jeffrey Toobin The New Yorker March 9, 2015 Issue

What I don't understand is why Republicans keep thinking they are so damn "thrifty". Preventive medicine, the kind you get from having healthcare, is much less costly than really, really sick people showing up at emergency rooms hoping to be treated at hundreds or thousands of times the cost of a 50 dollar visit to a clinic.
I guess when you believe, for no apparent reason, that vaccines cause autism and understanding evolution will lead you to the pits of hell it's no wonder. Unfortunately, their determined ignorance disguised with a misguided need to believe they are fighting to be "free" costs this country more than we can afford to pay.

 

[TyroneSlothrop]

It was the only time in history that we attempted an economic recovery through austerity spending

Europe tried that neocon austerity horse shit and it nearly sank their economy...thank you Obama for quantitative easing

 

[TyroneSlothrop]

You really think this is an economic boom? How fucking stupid does a person have to be to believe that? If you ever choose to venture out of your mom's basement you will see things aren't all that great out here. God forbid your mom cut you off and make you participate in this sewer of obie's economy and support yourself. Maybe then you would actually get it.

Whether you can deal with it or not -- we are at full employment.

Left wing <> Reality

How Far Are We From Full Employment Brookings Institution

The Great Recession ended in the summer of 2009. The economy has expanded in all but one calendar quarter since the recovery began. Unfortunately, progress in pushing down the unemployment rate and improving worker compensation has been modest. The July 2013 unemployment rate was 7.4%. While this is much lower than the peak unemployment rate we experienced in fall 2009 (10.0%), it is 2.8 percentage points higher than the average rate in 2007. The nation’s job market remains a long way from full employment.

That's awesome. Almost two year old numbers. Nice work.

By all means feel free to counter.

1. Unemployment at 5.7 Percent for January 2015. The national unemployment rate ticked up a tenth of a percent in January 2015, to 5.7 percent. Unemployment has been under 6.0 percent since September 2014. Approximately 257,000 new jobs were created in January.Feb 6, 2015

Full employment is considered, by some to be around 5.2 percent unemployment, which seems strange since 5.2 percent are looking for work and a whole lot other are not.

We also have this:

What conclusions do you draw from the declining labor force participation rate?

Me that Baby Boomer Demographics are having an effect

 

[TyroneSlothrop]

Dan Diamond just prior to yesterday's terrific jobs report:

Barring an asteroid or the biggest economic surprise in recent history, Friday’s jobs report will be the 60th straight month that America’s private sector has gained jobs.
That’s a new record — but another milestone this month arguably looms larger.

March marks five years since the Affordable Care Act was passed … amid Republican cries that the ACA was a job-killer.

To put that more plainly: The private sector hasn’t lost jobs since Obamacare was officially created.

Were Republicans wrong? aren't they always

 

[rightwinger]

Whether you can deal with it or not -- we are at full employment.

Left wing <> Reality

How Far Are We From Full Employment Brookings Institution

The Great Recession ended in the summer of 2009. The economy has expanded in all but one calendar quarter since the recovery began. Unfortunately, progress in pushing down the unemployment rate and improving worker compensation has been modest. The July 2013 unemployment rate was 7.4%. While this is much lower than the peak unemployment rate we experienced in fall 2009 (10.0%), it is 2.8 percentage points higher than the average rate in 2007. The nation’s job market remains a long way from full employment.

That's awesome. Almost two year old numbers. Nice work.

By all means feel free to counter.

1. Unemployment at 5.7 Percent for January 2015. The national unemployment rate ticked up a tenth of a percent in January 2015, to 5.7 percent. Unemployment has been under 6.0 percent since September 2014. Approximately 257,000 new jobs were created in January.Feb 6, 2015

Full employment is considered, by some to be around 5.2 percent unemployment, which seems strange since 5.2 percent are looking for work and a whole lot other are not.

We also have this:

What conclusions do you draw from the declining labor force participation rate?

Me that Baby Boomer Demographics are having an effect

4 million baby boomers are dropping out of the workforce voluntarily every year. That has placed a downward pressure on labor force participation for the last 17 years

Notice how we used to be perfectly happy with a labor force participation below 60 percent?

 

[Freewill]

Interesting chart that shows that the demographics that should be working will show a decline and has shown a decline. Only ones on the increase are those over 55. So the left will defend Obama by saying the retirees are the problem when in fact their participation rate, those of retirement age, will increase.

Reading without reflecting is like eating without digesting.
Edmund Burke

The place where we're really missing workers is in the 16-24 cohort, where there's a 4.3-million-person hole.



What accounts for it? School, mostly.

After demographics, the decline in participation among young people is, by far, the leading factor in the overall decline in participation. If we raised our participation rate to 1992 levels today, the labor force would grow immediately by 6.7 million people—and, as you see, 4.3 million of those workers would be under 24. The "missing workers" in the economy are mostly young.

And they're mostly in high school or college. Education enrollment jumped four percentage points in the four years after the recession started, "essentially accounting for nearly all of the decline in the youth [participation]," according to a 2013 paper by Christopher J. Erceg and Andrew T. Levin. Higher college enrollment also accounted for about one-third of the decline among prime-age workers (25-54), too. As you can see, high-school and college completion are soaring, and people in school are considerably less likely work.



The recession, too, has affected the participation rate through various channels. There are about a million discouraged workers who have dropped out of the labor force; Social Security Disability payments are up for the 55+ cohort, which typically takes those workers out of the job hunt; and a weak labor market can nudge young people back to school. But the decline in participation is mostly a combination of demographics and scholastics. We're entering the workforce later, staying longer, and getting older. The president can beg Congress to spend/cut/deregulate or whatever your particular policy-verb-of-choice may be, but it's fairly clear that we're up against mighty forces—age and education trends—that will resist quick fixes.

Reading without reflecting is like eating without digesting.
Edmund Burke

It appears to me that your last chart does not necessarily support your contention. It appears to me to be a chart comparing Male/Female educational levels not the percentage of the population.

Which is meaningless unless woman, and men, are getting degrees in fields that are in demand. An English degree, even advanced, might land you a decent job, an engineering degree almost guaranteed especially for women and minorities.

I am also thinking that maybe men have seen this treand and are going for vocational training which will also land a decent job.

Here is a link to information which may or may not support your contention:

College Enrollment and Work Activity of 2013 High School Graduates

From your link.

In October 2013, 65.9 percent of 2013 high school graduates were enrolled in colleges or universities, the U.S. Bureau of Labor Statistics reported today. Recent high school graduates not enrolled in college in October 2013 were over twice as likely as enrolled graduates to be working or looking for work--74.2 percent compared with 34.1 percent.

So, how does that support the contention made?

Is there an adult in your trailer that can help you?

A high percentage of high school graduates are enrolled in college. And they are half as likely to be working or looking for work.

Did you bump you head on the floor boards? Basement ceiling can be quite low, careful. End of discussion.

 

[Bfgrn]

A thank you to the Great President Obama ...

How many did Obama hire?

Not many

Overall employment increased in spite of Republican insistence on restricting government hiring

Obama was the only president expected to recover from a major recession without government hiring

 

[Bfgrn]

Reading without reflecting is like eating without digesting.
Edmund Burke

The place where we're really missing workers is in the 16-24 cohort, where there's a 4.3-million-person hole.



What accounts for it? School, mostly.

After demographics, the decline in participation among young people is, by far, the leading factor in the overall decline in participation. If we raised our participation rate to 1992 levels today, the labor force would grow immediately by 6.7 million people—and, as you see, 4.3 million of those workers would be under 24. The "missing workers" in the economy are mostly young.

And they're mostly in high school or college. Education enrollment jumped four percentage points in the four years after the recession started, "essentially accounting for nearly all of the decline in the youth [participation]," according to a 2013 paper by Christopher J. Erceg and Andrew T. Levin. Higher college enrollment also accounted for about one-third of the decline among prime-age workers (25-54), too. As you can see, high-school and college completion are soaring, and people in school are considerably less likely work.



The recession, too, has affected the participation rate through various channels. There are about a million discouraged workers who have dropped out of the labor force; Social Security Disability payments are up for the 55+ cohort, which typically takes those workers out of the job hunt; and a weak labor market can nudge young people back to school. But the decline in participation is mostly a combination of demographics and scholastics. We're entering the workforce later, staying longer, and getting older. The president can beg Congress to spend/cut/deregulate or whatever your particular policy-verb-of-choice may be, but it's fairly clear that we're up against mighty forces—age and education trends—that will resist quick fixes.

Reading without reflecting is like eating without digesting.
Edmund Burke

It appears to me that your last chart does not necessarily support your contention. It appears to me to be a chart comparing Male/Female educational levels not the percentage of the population.

Which is meaningless unless woman, and men, are getting degrees in fields that are in demand. An English degree, even advanced, might land you a decent job, an engineering degree almost guaranteed especially for women and minorities.

I am also thinking that maybe men have seen this treand and are going for vocational training which will also land a decent job.

Here is a link to information which may or may not support your contention:

College Enrollment and Work Activity of 2013 High School Graduates

From your link.

In October 2013, 65.9 percent of 2013 high school graduates were enrolled in colleges or universities, the U.S. Bureau of Labor Statistics reported today. Recent high school graduates not enrolled in college in October 2013 were over twice as likely as enrolled graduates to be working or looking for work--74.2 percent compared with 34.1 percent.

So, how does that support the contention made?

Is there an adult in your trailer that can help you?

A high percentage of high school graduates are enrolled in college. And they are half as likely to be working or looking for work.

Did you bump you head on the floor boards? Basement ceiling can be quite low, careful. End of discussion.

Translation...you have been schooled, and you are running home with your tail between your legs...

 

[rightwinger]

A thank you to the Great President Obama ...

How many did Obama hire?

Not many

Overall employment increased in spite of Republican insistence on restricting government hiring

Obama was the only president expected to recover from a major recession without government hiring

Note that the temporary blip at month 15 was due to the census. Cutting back on public sector jobs in a time of recession is lunacy

 

[TyroneSlothrop]

Note that the temporary blip at month 15 was due to the census. Cutting back on public sector jobs in a time of recession is lunacy[/QUOTE]


So is giving a war time tax cut and BushBufoon43 did exactly that...its almost as though they wanted to create huge deficits and use that as a reason to destroy Social Security a GOP project now in its 7 th decade

 

[JakeStarkey]

It's all Bush's fault that 92898000 Americans not working

After six years, nothing is Obama's fault? You're an idiot.

Who said that, you? Those are your words, not mine.

Read your own post. Lol

Mine are succinct and to the point. Yours, not at all.

Unemployment is at 5.5%, so counting the entire population at that %, we come up with 17.6 million. Common sense tells us that 93 million almost is a fudged number including old aged, handicapped, retired, and too young. You guys have splain to do.

 

[Stephanie]

You see folks, they really do take YOU for stupid. they think they can throw out these Unemployment is down to 5.5% and just hope you fall for it like some here has...But the majority of the people see through their disgusting LIES and DECEPTIONS.

 

[TyroneSlothrop]

You see folks, they really do take YOU for stupid. they think they can throw out these Unemployment is down to 5.5% and just hope you fall for it like some here has...But the majority of the people see through their disgusting LIES and DECEPTIONS.

throw them out...these are statistics compiled by people paid to do the math ...yoou on the other hand are a committed wing nut...any questions ? by the way I wonder why ACA did not stop jobs from being created waaaaaaaaaaaaaaaaaa haaaaaaaaaaaaaaaaaaaaaaaa

 

[JakeStarkey]

The far right will whine and fall for any false prophet of loser politics.

 

[rightwinger]

You see folks, they really do take YOU for stupid. they think they can throw out these Unemployment is down to 5.5% and just hope you fall for it like some here has...But the majority of the people see through their disgusting LIES and DECEPTIONS.

You are right

We need to listen to Rush not BLS

 

[TyroneSlothrop]

Thank You Obama "you da man"....

First Copycat Biotech Drug Spurs $250B Obamacare Savings
1 hr ago - Bruce Japsen The first U.S. approval of the “generic” biologic prescription version of the widely prescribed anti-infective cancer medicine Neupogen officially opens the door to a new era in cheaper drugs that could save the U.S. health care system ... (Forbes)

 

[TyroneSlothrop]

You see folks, they really do take YOU for stupid. they think they can throw out these Unemployment is down to 5.5% and just hope you fall for it like some here has...But the majority of the people see through their disgusting LIES and DECEPTIONS.

You are right

We need to listen to Rush not BLS

 

[Missouri_Mike]

The far right will whine and fall for any false prophet of loser politics.

Says Jake as he gets on his knees to praise obie.

 

[Missouri_Mike]

Thank You Obama "you da man"....

First Copycat Biotech Drug Spurs $250B Obamacare Savings
1 hr ago - Bruce Japsen The first U.S. approval of the “generic” biologic prescription version of the widely prescribed anti-infective cancer medicine Neupogen officially opens the door to a new era in cheaper drugs that could save the U.S. health care system ... (Forbes)

WTF did obie have to do with that?