Dan the Man

Shippensburg, PA

#41036 Nov 2, 2012
Rational people who are not suffering from Obama Derangement Syndrome and aren't rooting for a weaker economy recognize the good in today's jobs numbers.

----------

Why the October Jobs Report Is Even Better Than It Looks

First, the BLS actually discovered 255,000 new jobs.

Second, and somewhat counter-intuitively, the fact that the unemployment rate went up is good news about today's economy. Calculated in a second survey of households by the BLS, the rate moved to 7.9% as more people entered the labor force.

More people looking for work is good news, but when job seekers grow faster than jobs, the unemployment rate ticks up. The rising unemployment rate doesn't mean the economy is getting weaker. It means discouraged workers are feeling more encouraged because the economy is getting stronger.

Third, although every jobs report is subject to revisions, we're getting a clear picture of a strengthening recovery beyond today's headline....170,000 isn't just October's first estimate. It's also our new three-month average. And it's considerably better than the year's average. Things are getting better faster.

Where is this new-look recovery coming from? It's coming from the beginning of a real housing recovery and the end of government austerity. In 2010 and 2011, the economy lost 477,000 public sector jobs. This year, we've added 20,000. That's made a huge difference.
Dan the Man

Shippensburg, PA

#41037 Nov 2, 2012
More analysis from the reality-based universe...

----------

U.S. job growth accelerates, exceeds expectations

The U.S. economy created 171,000 jobs in October, far more than expected, while American businesses created 184,000 jobs -- the best month for the private sector since February.

The overall unemployment rate ticked slightly higher, to 7.9%, but that's the result of a positive trend -- more Americans entered the workforce, which is exactly what we'd hope to see in an improving economy.

Even more encouraging, the new report revised job totals from August and September, and both were updated in a good direction, adding a combined 84,000.

For context, I'd note that so far in 2012 (which still has two months to go), the economy has created over 1.56 million jobs, which is already better than five of the eight years of the Bush/Cheney era.
Dan the Man

Shippensburg, PA

#41038 Nov 2, 2012
US economy adds 171K jobs; rate rises to 7.9 pct.

U.S. employers added 171,000 jobs in October, and hiring was stronger in August and September than first thought. The solid job growth showed that the economy is strengthening slowly but consistently.
...
Since July, the economy has created an average of 173,000 jobs a month. That's up from 67,000 a month from April through June. Still, President Barack Obama will face voters with the highest unemployment rate of any incumbent since Franklin Roosevelt and slightly higher than the 7.8 percent on Inauguration Day.

The work force — the number of people either working or looking for work — rose by 578,000 in October. And 410,000 more people said they were employed. The difference is the reason the unemployment rate rose slightly.
Dan the Man

Shippensburg, PA

#41039 Nov 2, 2012
Irrefutable fact:

More Than 5.4 Million Private Sector Jobs Were Created In The Past 32 Months

http://talkingpointsmemo.com/archives/2012/11...
Ted

Meyersdale, PA

#41040 Nov 2, 2012
Dan the Man wrote:
...
To argue that Mr. Romney is ahead, or that the election is a “tossup,” requires that you disbelieve the polls...
By gosh you're finally getting it danny BOY! Good for you!

Polls don't elect people. Votes do.

President Truman and Scott Walker know the unreliability of pre-election polls. Polls immediately prior to their elections predicted both as election losers.

Much as you do Romney.

Be patient, BOY. You chest-thump too much before the event.
Ted

Meyersdale, PA

#41041 Nov 2, 2012
Dan the Man wrote:
... President Barack Obama will face voters with the highest unemployment rate of any incumbent since Franklin Roosevelt and slightly higher than the 7.8 percent on Inauguration Day.....
Exactly, danny BOY.

It's nothing to run on or be proud of.

It's a statistical indication of Obama's incompetence.
Ted

Meyersdale, PA

#41042 Nov 2, 2012
Dan the Man wrote:
Irrefutable fact:
More Than 5.4 Million Private Sector Jobs Were Created In The Past 32 Months
http://talkingpointsmemo.com/archives/2012/11...
Irrefutable fact:
More Americans are unemployed or under employed today than the day Obama assumed the presidency.

Now THAT'S incompetent economic 'leadership', isn't it BOY.
Dan the Man

Shippensburg, PA

#41043 Nov 2, 2012
Behold the wingnut mind's infinite capacity for self-deception!

LMAO!

The ability of the wingnut mind to desperately distort reality to support their failed political ideology never ceases to amaze me.

Hopefully they'll snap back to reality next Tuesday.

But I doubt it. None of them has ever demonstrated a capacity to re-evaluate their extremist ideology even in the face of irrefutable reality.
Ted

Meyersdale, PA

#41044 Nov 2, 2012
Dan the Man wrote:
Behold the wingnut mind's infinite capacity for self-deception!
LMAO!
The ability of the wingnut mind to desperately distort reality to support their failed political ideology never ceases to amaze me.
Hopefully they'll snap back to reality next Tuesday.
But I doubt it. None of them has ever demonstrated a capacity to re-evaluate their extremist ideology even in the face of irrefutable reality.
Oh, danny BOY, you're relapsing into blaming others for your own flaws.

There is zero distortion in noting that the unemployment percentage went UP this month. That's a fact, BOY.

And, BOY, your own ObamaMinionitis is to blame for following a demonstrably "failed political ideology".

After all it's Obama's failed 'leadership' that's led to ZERO improvement in the percentage of Americans seeking work.

Take responsibility, BOY, for your "infinite capacity for self-deception!"

LMAO!
TaxNoMore

Los Angeles, CA

#41045 Nov 2, 2012
None of them has ever demonstrated a capacity to re-evaluate their extremist ideology even in the face of irrefutable reality.

//////////

OBAMACARE:

EMPLOYEES WORKING 30 HOURS PER WEEK CONSIDERED 'FULL-TIME'

Small business owners have known since ObamaCare’s passage that the law’s employer mandate requires any business with 50 or more full-time employees to provide at least the minimum level of government-defined health insurance coverage to those employees.

However, a little-known section of ObamaCare defines “full-time” work as averaging only 30 hours per week, rather than 40 hours.

Employers who had planned to use more part-time workers to avoid higher costs associated with the mandate will need to rethink this strategy if the law is not repealed.

.
.
.

The work force — the number of people either working or looking for work — rose by 578,000 in October.

And 410,000 more people said they were employed.

The difference is the reason the unemployment rate rose slightly.
TaxNoMore

Los Angeles, CA

#41046 Nov 2, 2012
Dan the Man wrote:
More analysis from the reality-based universe...
----------
U.S. job growth accelerates, exceeds expectations
The U.S. economy created 171,000 jobs in October, far more than expected, while American businesses created 184,000 jobs -- the best month for the private sector since February.
The overall unemployment rate ticked slightly higher, to 7.9%, but that's the result of a positive trend -- more Americans entered the workforce, which is exactly what we'd hope to see in an improving economy.
Even more encouraging, the new report revised job totals from August and September, and both were updated in a good direction, adding a combined 84,000.
For context, I'd note that so far in 2012 (which still has two months to go), the economy has created over 1.56 million jobs, which is already better than five of the eight years of the Bush/Cheney era.
.
.
.
.

http://maddowblog.msnbc.com/_news/2012/11/02/...

.
.
.
.

For context, I'd note that so far in 2012 (which still has two months to go), the economy has created over 1.56 million jobs, which is already better than five of the eight years of the Bush/Cheney era.
.
.

better than five of the eight years of the Bush/Cheney era.

More analysis from the reality-based universe...

..........

communist bastard liar

Since: Jul 12

Portland, Oregon

#41047 Nov 2, 2012
Isn't it a tea bag crying shame the tea bags don't have enough political juice to repeal or dismantle this you refer to as Obama care, huh racist warrior ignorant tea bag? Ha ha ha ha he ha ahhhhhhhhhh tea bag dumb ass
TaxNoMore

Los Angeles, CA

#41048 Nov 2, 2012
Since July, the economy has created an average of 173,000 jobs a month.

That's up from 67,000 a month from April through June.

Still, President Barack Obama will face voters with the highest unemployment rate of any incumbent since Franklin Roosevelt and slightly higher than the 7.8 percent on Inauguration Day.

//////////

Food Stamp Growth 75X Greater than Job Creation

9:39 AM, Nov 2, 2012

BY DANIEL HALPER






With the latest jobs report, it is now the case that "Under Obama, Food Stamp Growth [Is] 75 Times Greater Than Job Creation," according to statistics compiled by the Republican side of the Senate Budget Committee.

"For Every Person Added to Jobs Rolls Since January 2009, 75 People Added To Food Stamp Rolls."
Here's a chart detailing the growth:

http://m.weeklystandard.com/blogs/food-stamp-...

..........

More analysis from the reality-based universe...
TaxNoMore

Los Angeles, CA

#41049 Nov 2, 2012
Overall, in the last four years, the United States’ gross federal debt has increased 53 percent, food stamp enrollment has increased 46 percent, and the number of employed persons has increased just 0.15 percent.

This picture, however, is even more ominous than it looks.

While only 194,000 jobs have been created since 2009, the working age population has increased by approximately 5 million—almost 25 times that amount.

In other words, a shrinking share of working age adults have or are even looking for a job.

The real unemployment number (U-6), therefore, is 14.6 percent.

To put this month's job creation in historical perspective, in October of 1984, 286,000 jobs were created—67 percent more—at a time when the U.S. working age population was 26 percent smaller than it is today.

Over time, these trends, if not reversed, spell economic disaster for the United States and its citizens.

Since: Jul 12

Portland, Oregon

#41050 Nov 2, 2012
You should start running racist warrior tea bag as the sky is falling. Don't look back they're really chasing you.
Mitt vs Mutt

West Mifflin, PA

#41051 Nov 2, 2012
Obama's jobs record: Better than Bush's

NEW YORK (CNNMoney)-- Mitt Romney is accusing President Obama of overseeing the worst jobs recovery since the Great Depression.

And months of disappointing jobs growth means the president could face Election Day with fewer workers than on the day he took office.

But Romney's accusation is wrong -- President Obama's job gap isn't the worst. In fact, it isn't nearly as big as the one President George Bush faced eight years ago.

Here are the numbers:

There are 261,000 fewer employees on payrolls today than when Obama took office. But at the same point of the Bush administration, the jobs deficit stood at 856,000 jobs, according to current estimates of the same period.

The data that was reported eight years ago was somewhat different, compared with current figures looking at that period, since revisions have taken place in the months and years that followed. But on Election Day 2004, the readings at the time showed the economy with 585,000 fewer jobs than when Bush took office. As Election Day approached, then-challenger John Kerry was highlighting Bush's job gap, just as the Romney campaign is attacking Obama today.

The Romney campaign did not respond to a request for comment on the comparison between Obama's job gap and that of his Republican predecessors.

Romney will lie through his teeth to sell the American voters more garbage coming from his mouth.
Romney must be the worst liar as far as any candidate in history running for the highest office in the land.

SAD,,,,
Mitt vs Mutt

West Mifflin, PA

#41052 Nov 2, 2012
You cant dispute the facts:

LQQK HERE:

http://thinkprogress.org/economy/2012/06/01/4...

Even with today’s disappointing and troubling jobs report, private sector job creation under President Obama has far exceeded private sector job creation under President Bush. 40 months into his presidential term, there are currently more private sector jobs in the economy than when Obama came into office. At the same point in President Bush’s term, the total number of private sector jobs was still down 1.7 percent from where it began.

The numbers are even starker when measuring each president’s record from the moment job creation returned. Private sector job creation returned in February of 2010, the 13th month of President Obama’s term. Since then, the economy has added 4.3 million private sector jobs, a 4 percent increase
Mitt vs Mutt

West Mifflin, PA

#41053 Nov 2, 2012
Ouch that has got to sting. Even with all the obstructionism from the right President Obama is still managing to improve the economy.

From Bloomberg, Jan 2009:
"The U.S. is in the grip of a bad recession, but let's not scare ourselves silly by making things seem worse than they really are. Headlines blared "worst since 1945" on Jan. 9 after the Bureau of Labor Statistics announced the U.S. economy lost 524,000 jobs in December and 2.6 million for 2008 as a whole".

How has Obama done on jobs in just his first term? As of Jan 2012.

http://abcnews.go.com/blogs/politics/2012/01/...

“Twenty-two straight months of job growth; 3.1 million jobs added.”.

Obama stepped into office with two wars ongoing, an economy in meltdown a loss of 524k jobs the month before he took o...ffice and budget debt of $4.89 Trillion.

For perspective. How did Bush do in 2 terms? From WSJ Jan 2009.

http://blogs.wsj.com/economics/2009/01/09/bus...

“The Bush administration created about three million jobs (net) over its eight years.”.

Bush stepped into office with no wars a booming economy and a budget surplus of $320+ billion.

So 69k jobs added in month is really not a “disaster”… given what President Obama has had to deal with.

Romney is using scare tactics on the campaign trail,it's not working......Mutt is up against the wall no where to go,,,,,,,,,This is what desperation will do.....lie, flip flop,scare the public,,,,,,,,,,too late Mutt ,the more you talk the more you turn people off. It was just a matter of time before your lies caught up to you.....
Mitt vs Mutt

West Mifflin, PA

#41054 Nov 2, 2012
"Mister Romney's Neighborhood" -(Jimmy Fallon)

LQQK HERE:


LMAO!!!!!!!!!!
xfactor

Mckeesport, PA

#41055 Nov 2, 2012
Obama/Romney - blah - does it really matter?

More police state, more federal power grabs, less civil rights, more foreign intervention, OBAMNEYCARE, less good jobs, decreasing wages, decreasing middle class, record poverty, TSA, Patriot Act, NDAA -

This is what either of these two will 'give' to America.

And some people think there is a 'choice'... LMAO!

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