Why is that republicans will put all the blame on Obama for the labor participation rate yet...

[Billy000]

...yet won't give him any credit for the 10.3 million jobs created since his presidency began? How about the reaches of the stock market? How about the falling deficit?

I'm dying to know.

 

[Statistikhengst]

You will be waiting for a long time to hear "answers" from the frothers.

 

[Rotagilla]

desperate partisans are comical.

 

[Ernie S.]

It's too late, Billy boy.

I predict several threads Wednesday morning about mean old Republicans disenfranchising black voters.

 

[healthmyths]

...yet won't give him any credit for the 10.3 million jobs created since his presidency began? How about the reaches of the stock market? How about the falling deficit?

I'm dying to know.

What 10.3 million jobs???
Please see below table from the Bureau of Labor Statistics... and I see from 2009 when Obama took office to Sep 2014 8.5 million...not 10.5..
and where were the events that caused nearly 3.5 million jobs losses as Bush had???

 

[chikenwing]

...yet won't give him any credit for the 10.3 million jobs created since his presidency began? How about the reaches of the stock market? How about the falling deficit?

I'm dying to know.

Well if the numbers wouldn't change from day to day,three weeks ago it was 5 million jobs,last week it was 10 no it 10.3 ? Same for the stock market,one week its evil the next its the best thing since sliced bread,because of Obama?? once again no consistency.Why is the deficit dropping a little? who has the purse strings?

 

[healthmyths]

And look at the beginning jobs for Bush in end of 2000.... 132,019,000...
Then end of 2008 jobs for Bush to total working people of 137,170,000.
Yet with Obama total INCREASE of Bush's end figure of 137,170,000 was less then 2,582,000 INCREASE in total employment!
In other words of the 8,519,000 increase.. 5 million was bringing the figure back to the ending Bush figure of 137,170,000 people working!

 

[Billy000]

Dude it astounds me how much you think know about economics and how much you actually don't know. Comparing the number of people working from one year to another is not how you measure NET JOB GROWTH. Comparing years doesn't say anything about the jobs lost now does it?

 

[healthmyths]

Dude it astounds me how much you think know about economics and how much you actually don't know. Comparing the number of people working from one year to another is not how you measure NET JOB GROWTH. Comparing years doesn't say anything about the jobs lost now does it?

It is simple arithmetic.
Yup very simple and it has NOTHING to do with economics.
Bush had 137,170,936 people employed end of 2007. Then because Democrats wouldn't as these quotes show
STOP Freddie/Fannie for supporting the Obama generated subprime loans..

GWB's administration was LAUGHED AT BY Democrats Frank and Dodd after 17 times trying to get Fannie/Freddie fixed!
"Over the past six years, the President and his Administration have not only warned of the systemic consequences of failure to reform GSEs but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.
President Bush publicly called for GSE reform at least 17 times in 2008 alone before Congress acted.
Unfortunately, these warnings went unheeded, as the President's repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems.
Setting the Record Straight The Three Most Egregious Claims In The New York Times Article On The Housing Crisis

Many prominent Democrats, including House Finance Chairman Barney Frank, opposed any legislation correcting the risks posed by GSEs.
* House Financial Services Committee Chairman Barney Frank (D-MA) criticized
the President's warning saying:
"these two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis .The more people exaggerate these problems,
the more pressure there is on these companies, the less we will see in terms of affordable housing."...
(Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," New York Times, 9/11/03)

* Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd also ignored the President's warnings and called on him to "immediately reconsider his ill-advised" position. Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze Is Rejected, As Critics Complain Of Opportunism," New York Times, 8/11/07)
Barney Frank s Fannie and Freddie Muddle - US News
we had a collapse that started with the Soros sponsored run on money market funds 9/18/2008.
On Thursday (Sept 18), at 11 in the morning the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury opened up its window to help and pumped a $105 billion in the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn't be further panic out there.

If they had not done that, their estimation was that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed... It would have been the end of our economic system and our political system as we know it...
How the World Almost Came to an End on September 18 2008 Seeking Alpha


This then started the loss of jobs which even after the dot.com/recession/9/11 and worst hurricanes Bush's economy increased from as the table below shows..
Bush had more jobs at end of his term then at the beginning.

 

[healthmyths]

One of these days people like the "BillDude" will simply have to come to the realization of simple arithmetic. Nothing complicated.
There have NEVER been 10.5 million jobs by Obama as the BLS shows.
Fact.
There NEVER were 46 million "uninsured" as Obama pushed BEFORE ACA was passed because of simple arithmetic.
A) 10 million counted as "uninsured" are NOT citizens as even the Census acknowledges!
B) The Census acknowledges they UNDERCOUNTED 14 million people as "uninsured" that all need to do is register with Medicaid but because of
the gross inefficiency of Obama's administration they couldn't even figure that out!
C) Finally why should 18 million people who don't want, don't need health insurance be included? For what purpose? To exaggerate the numbers.
That leave 4 million that truly wanted, and needed health insurance and now even now after ACA some of these aren't getting vaunted ACA coverage!

 

[The Rabbi]

Yet another Billy Triple Goose Egg troll thread.
Hey, Billy. THe president takes responsibility for the state of the economy. Obama's policies specifically hae suppressed business formation and expansion. THats why the labor force rate sucks so badly. It's better to get on disability and food stamps than take an entry level job.

 

[Billy000]

Dude it astounds me how much you think know about economics and how much you actually don't know. Comparing the number of people working from one year to another is not how you measure NET JOB GROWTH. Comparing years doesn't say anything about the jobs lost now does it?

It is simple arithmetic.
Yup very simple and it has NOTHING to do with economics.
Bush had 137,170,936 people employed end of 2007. Then because Democrats wouldn't as these quotes show
STOP Freddie/Fannie for supporting the Obama generated subprime loans..

GWB's administration was LAUGHED AT BY Democrats Frank and Dodd after 17 times trying to get Fannie/Freddie fixed!
"Over the past six years, the President and his Administration have not only warned of the systemic consequences of failure to reform GSEs but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.
President Bush publicly called for GSE reform at least 17 times in 2008 alone before Congress acted.
Unfortunately, these warnings went unheeded, as the President's repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems.
Setting the Record Straight The Three Most Egregious Claims In The New York Times Article On The Housing Crisis

Many prominent Democrats, including House Finance Chairman Barney Frank, opposed any legislation correcting the risks posed by GSEs.
* House Financial Services Committee Chairman Barney Frank (D-MA) criticized
the President's warning saying:
"these two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis .The more people exaggerate these problems,
the more pressure there is on these companies, the less we will see in terms of affordable housing."...
(Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," New York Times, 9/11/03)

* Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd also ignored the President's warnings and called on him to "immediately reconsider his ill-advised" position. Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze Is Rejected, As Critics Complain Of Opportunism," New York Times, 8/11/07)
Barney Frank s Fannie and Freddie Muddle - US News
we had a collapse that started with the Soros sponsored run on money market funds 9/18/2008.
On Thursday (Sept 18), at 11 in the morning the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury opened up its window to help and pumped a $105 billion in the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn't be further panic out there.

If they had not done that, their estimation was that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed... It would have been the end of our economic system and our political system as we know it...
How the World Almost Came to an End on September 18 2008 Seeking Alpha


This then started the loss of jobs which even after the dot.com/recession/9/11 and worst hurricanes Bush's economy increased from as the table below shows..
Bush had more jobs at end of his term then at the beginning.

View attachment 33755

Christ here we go again On your rant about Dodd Frank. You are just parroting a report written by republicans not actual economists you know that right? Any idiot will tell you Fannie alone couldn't have possibly created the financial crisis. 8 million jobs were lost dude. That crisis was caused by a variety of factors. A lack of regulation on several different levels. Income inequality also played a role. You are such a partisan hack.

10.3 million jobs of net growth were created. Perhaps you arent smart enough to understand net growth but it is a real term. Comparing numbers from one year to another just makes you sound painfully naive and ignorant.

Oh and the 5 million jobs lost under Obama were directly connected to the 3 million lost in Bush's final months. Those jobs lost are obviously going to determine how many people are employed. Let that sink in. When it comes to NET JOB GROWTH, 10.3 million were ADDED.

 

[Billy000]

One of these days people like the "BillDude" will simply have to come to the realization of simple arithmetic. Nothing complicated.
There have NEVER been 10.5 million jobs by Obama as the BLS shows.
Fact.
There NEVER were 46 million "uninsured" as Obama pushed BEFORE ACA was passed because of simple arithmetic.
A) 10 million counted as "uninsured" are NOT citizens as even the Census acknowledges!
B) The Census acknowledges they UNDERCOUNTED 14 million people as "uninsured" that all need to do is register with Medicaid but because of
the gross inefficiency of Obama's administration they couldn't even figure that out!
C) Finally why should 18 million people who don't want, don't need health insurance be included? For what purpose? To exaggerate the numbers.
That leave 4 million that truly wanted, and needed health insurance and now even now after ACA some of these aren't getting vaunted ACA coverage!

Why do you rant over such irrelevant bullshit?

 

[zeke]

STOP Freddie/Fannie for supporting the Obama generated subprime loans..

You are one fucking stupid bitch. How many fucking time does this bullshit have to be disproved for you ignorant asses to understand. God damn you are stupid.

 

[The Rabbi]

STOP Freddie/Fannie for supporting the Obama generated subprime loans..

You are one fucking stupid bitch. How many fucking time does this bullshit have to be disproved for you ignorant asses to understand. God damn you are stupid.

Hey, Zeke. You might want to buy a cheaper six for your morning buzz and get a newspaper with it so you don't look like an idiot.
The Obama Administration announced they were pushing subprime loans on Fan/Fred. Yes, they're going there.

 

[JFK_USA]

They made a commitment 6 years ago to be against Obama in every conceivable way. If Obama says the sky is blue, the sky is green and Obama is a socialist Marxist Kenyan Muslim. That's it. Some of it has to do with policy disagreements but much of the vitriol is because it is a black man as the most powerful person in the world. I mean Kenyan? Muslim? These aren't policy discussions, these are attacks on the person.

Almost every right wing nut on here has said he is either a Kenyan, Muslim or some other degrading treatment towards him that has nothing to do with his political stance, but rather the fact that it scares the shot out of them that a black man is the head of state when 50 years ago, you could lynch a black person and never go to jail.

 

[BlackSand]

The labor participation rate evolves the percentage of Americans who are employed ... Not the number of jobs created.

You can create all the bullshit, no skill, low paying, part-time jobs nobody wants ... And it won't do damn thing to help with the labor participation rate. You can continue to pay people to stay home and do nothing ... And the labor participation rate will continue to decrease.

.

 

[peach174]

...yet won't give him any credit for the 10.3 million jobs created since his presidency began? How about the reaches of the stock market? How about the falling deficit?

I'm dying to know.

What 10.3 million jobs???
Please see below table from the Bureau of Labor Statistics... and I see from 2009 when Obama took office to Sep 2014 8.5 million...not 10.5..
and where were the events that caused nearly 3.5 million jobs losses as Bush had???

View attachment 33753

Only 3.3 million of those jobs are full time employment, the rest of them are part time.

 

[The Rabbi]

They made a commitment 6 years ago to be against Obama in every conceivable way. If Obama says the sky is blue, the sky is green and Obama is a socialist Marxist Kenyan Muslim. That's it. Some of it has to do with policy disagreements but much of the vitriol is because it is a black man as the most powerful person in the world. I mean Kenyan? Muslim? These aren't policy discussions, these are attacks on the person.

Almost every right wing nut on here has said he is either a Kenyan, Muslim or some other degrading treatment towards him that has nothing to do with his political stance, but rather the fact that it scares the shot out of them that a black man is the head of state when 50 years ago, you could lynch a black person and never go to jail.

Yeah, dude. The race card is so 2009. Give it up.

 

[healthmyths]

Dude it astounds me how much you think know about economics and how much you actually don't know. Comparing the number of people working from one year to another is not how you measure NET JOB GROWTH. Comparing years doesn't say anything about the jobs lost now does it?

It is simple arithmetic.
Yup very simple and it has NOTHING to do with economics.
Bush had 137,170,936 people employed end of 2007. Then because Democrats wouldn't as these quotes show
STOP Freddie/Fannie for supporting the Obama generated subprime loans..

GWB's administration was LAUGHED AT BY Democrats Frank and Dodd after 17 times trying to get Fannie/Freddie fixed!
"Over the past six years, the President and his Administration have not only warned of the systemic consequences of failure to reform GSEs but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.
President Bush publicly called for GSE reform at least 17 times in 2008 alone before Congress acted.
Unfortunately, these warnings went unheeded, as the President's repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems.
Setting the Record Straight The Three Most Egregious Claims In The New York Times Article On The Housing Crisis

Many prominent Democrats, including House Finance Chairman Barney Frank, opposed any legislation correcting the risks posed by GSEs.
* House Financial Services Committee Chairman Barney Frank (D-MA) criticized
the President's warning saying:
"these two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis .The more people exaggerate these problems,
the more pressure there is on these companies, the less we will see in terms of affordable housing."...
(Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," New York Times, 9/11/03)

* Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd also ignored the President's warnings and called on him to "immediately reconsider his ill-advised" position. Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze Is Rejected, As Critics Complain Of Opportunism," New York Times, 8/11/07)
Barney Frank s Fannie and Freddie Muddle - US News
we had a collapse that started with the Soros sponsored run on money market funds 9/18/2008.
On Thursday (Sept 18), at 11 in the morning the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury opened up its window to help and pumped a $105 billion in the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn't be further panic out there.

If they had not done that, their estimation was that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed... It would have been the end of our economic system and our political system as we know it...
How the World Almost Came to an End on September 18 2008 Seeking Alpha


This then started the loss of jobs which even after the dot.com/recession/9/11 and worst hurricanes Bush's economy increased from as the table below shows..
Bush had more jobs at end of his term then at the beginning.

View attachment 33755

Christ here we go again On your rant about Dodd Frank. You are just parroting a report written by republicans not actual economists you know that right? Any idiot will tell you Fannie alone couldn't have possibly created the financial crisis. 8 million jobs were lost dude. That crisis was caused by a variety of factors. A lack of regulation on several different levels. Income inequality also played a role. You are such a partisan hack.

10.3 million jobs of net growth were created. Perhaps you arent smart enough to understand net growth but it is a real term. Comparing numbers from one year to another just makes you sound painfully naive and ignorant.

Oh and the 5 million jobs lost under Obama were directly connected to the 3 million lost in Bush's final months. Those jobs lost are obviously going to determine how many people are employed. Let that sink in. When it comes to NET JOB GROWTH, 10.3 million were ADDED.

OK.. you insist on "net job growth"... which means in very simple terms
A) 132,019,000 people working at the end of 2000 when Bush took over in 2001
B) 137,170,000 people working end of 2008 or a NET job increase of 5,151,000 or for you in very simple terms there were
5,151,000 more people working in 2008 then in 2000.

B) You mention 3 million jobs lost in Bush's final months... FACT:
Let's say final months are six months of 2008:

• July there were 137,131,000 employed
• Aug employed 137,021,000 jobs lost or gained - 110,000
• Sep employed 137,075,000 jobs lost or gained 54,000
• Oct employed 137,368,000 jobs lost or gained 293,000
• Nov employed 136,687,000 jobs lost or gained - 681,000
• Dec employed 135,656,000 jobs lost or gained - 1,475,000
• So total jobs gained or loss was - 1,475,000 in the "FINAL months"!!!!

Where were the "Obama were directly connected to the 3 million lost in Bush's final months."
LIE!!!

How many "NEW JOBS" created is irrelevant to people wanting to work!
Bush had 133,547,000 that were working at the end of Dec 2000... and at the end of Dec 2008 there were 135,656,000 working.
AGAIN using YOUR excuse then:
Bush had when he started to contend with
A) Dot.com bust the bubble started under Clinton... $5 trillion in market value WIPED out... 400,000 jobs GONE
B) 9/11 started under Clinton with the Gorelick Memo that forbid CIA from sharing with FBI the bombers existence.. cost $2 trillion 150,000 jobs in NYC!
C) Worst hurricanes in history cost $1 trillion 400,000 jobs lost...

again not ONE recognition by idiots like you of these events! Gigantic earth shaking events that changed our country and YOU put the blame
on Bush for Obama's ineptness? OK... I'll agree... Obama started with Bush's final job numbers costing jobs in 2009!
BUT ONLY if YOU agree the above EVENTS occurred AND had a direct EFFECT on JOBS, the economy and in spite of that there were
A) more people working at the end of Bush's term then at the beginning!!!