Odds against him, Obama still betting on big deal

Mar 1, 2013 Full story: New York Post 188

President Barack Obama met in intense talks with congressional leaders at the White House Friday, hours before billions of dollars in mandatory budget cuts were to begin kicking in, both Democrats and Republicans staking out fiscal positions with the threat of a government shutdown looming.

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Since: Feb 11

Location hidden

#168 Mar 8, 2013
au contraire wrote:
<quoted text>Record of prosperity......
8.9 million americans out of work
Made up numbers mean nothing, Dumbo.

It seems in this universe, jobs report continue to improve...

(quote)
Despite constant budget fights in Washington, the U.S. economy managed one of the best months for job gains in the past year in February, driving the unemployment rate to its lowest level in more than four years.

But the job market would be even better, and the unemployment rate even lower, had not the government spent most of the recovery cutting spending and jobs. And though Wall Street may cheer February's jobs report, the pain of government cutbacks looks to get worse as the year goes on.

U.S. employers added 236,000 jobs to non-farm payrolls in February, the Bureau of Labor Statistics reported on Friday, up from 119,000 in January. That was the best payroll growth since 247,000 jobs last November and the second-best month for job growth of the past 12 months.

The unemployment rate dropped to 7.7 percent from 7.9 percent in January, with 12 million people looking for work. That is the lowest unemployment rate since December 2008, when the rate was 7.3 percent.
(clip)

“Forever Is Promised To No One”

Since: Nov 12

Location hidden

#169 Mar 8, 2013
barefoot2626 wrote:
<quoted text>
Made up numbers mean nothing, Dumbo.
It seems in this universe, jobs report continue to improve...
(quote)
Despite constant budget fights in Washington, the U.S. economy managed one of the best months for job gains in the past year in February, driving the unemployment rate to its lowest level in more than four years.
But the job market would be even better, and the unemployment rate even lower, had not the government spent most of the recovery cutting spending and jobs. And though Wall Street may cheer February's jobs report, the pain of government cutbacks looks to get worse as the year goes on.
U.S. employers added 236,000 jobs to non-farm payrolls in February, the Bureau of Labor Statistics reported on Friday, up from 119,000 in January. That was the best payroll growth since 247,000 jobs last November and the second-best month for job growth of the past 12 months.
The unemployment rate dropped to 7.7 percent from 7.9 percent in January, with 12 million people looking for work. That is the lowest unemployment rate since December 2008, when the rate was 7.3 percent.
(clip)
CNSNews.com)- The number of Americans not in the labor force increased by 296,000 in February, according to the Bureau of Labor Statistics’ latest jobs report.

According to the report, there were a total of 89.3 million people not in the labor force, up from 89 million in January.

BLS labels people who are unemployed and no longer looking for work as “not in the labor force,” including people who have retired on schedule, taken early retirement, or simply given up looking for work.

Since: Feb 11

Location hidden

#170 Mar 8, 2013
au contraire wrote:
<quoted text> CNSNews.com )- The number of Americans not in the labor force increased by 296,000 in February, according to the Bureau of Labor Statistics’ latest jobs report.
au contraire wrote:
CNSNews.com )- The number of Americans not in the labor force increased by 296,000 in February,
Poor Dumbo:

he thinks Americans can't read.

Here's the report:

http://www.bls.gov/news.release/pdf/empsit.pd...

PS:

Employers add a stunning 236,000 jobs in Feb.
Paul Davidson, USA TODAY11:13a.m. EST March 8, 2013
March hiring sign

(Photo: Justin Sullivan Getty Images)
Story Highlights
Unemployment rate drops to 7.7% from 7.9%

Employers added a much-better-than-expected 236,000 jobs in February as the labor market continued to shrug off a recent payroll tax hike and the prospect of big federal spending cuts.

The unemployment rate fell to 7.7% from 7.9%.

Analysis: Report shows economy's strengths

The consensus forecast of economists had estimated the economy added about 160,000 jobs in February.

Businesses added 246,000 jobs, while federal, state and local governments cut 10,000. Professional and business services, construction and health care led broad-based job gains.

The Labor Department revised down job gains for December and January by 15,000. December's net payroll jobs were revised up to 219,000 from 196,000, while January's were revised down to 119,000 from 157,000.

Some economists had been looking for strong gains after a report Thursday showed the number of Americans applying for unemployment benefits for the first time fell 7,000 to 340,000 in the latest week, and the four-week average of claims dipped to the lowest level in five years. Also, private payroll processor ADP estimated that businesses added 198,000 jobs last month.

Monthly job gains of 200,000 or more are typically needed to quickly bring down the unemployment rate. Job growth picked up last year to an average monthly pace of 181,000.

"We're slowly and steadily accelerating," says economist Joel Naroff of Naroff Economic Advisors. "The private side of the economy is in good shape. It's the public sector that's holding up" even stronger payroll growth.

Naroff expects average monthly job gains of 200,000-plus this year if the White House and Congress can agree to put off the budget cuts. If all the reductions occur, it likely would mean monthly gains of about 165,000, he says.

Business sentiment remains mixed amid the uncertainty in Washington. Thirty-three percent of executives plan to grow their staffs this year, 38% plan to reduce them and 29% expect no change, according to a first-quarter survey released this week by business group CEB.

In February, a broader gauge of distress in the job market — the underemployment rate — which includes discouraged Americans who have stopped looking for work and part-time workers who want full-time jobs, also fell in February to 14.3% from 14.4%.

Other signals were positive, too. The average workweek edged up to 34.5 hours from 34.4 hours in January. Employers often increase hours for existing employees before hiring. And average hourly earnings rose 4 cents to $23.82

Employers added 16,000 temporary workers. They typically add contingent workers before bringing on more permanent staff.
(clip)
see the light

El Paso, TX

#171 Mar 8, 2013
au contraire wrote:
<quoted text>You are too stupid to waste oxygen.
You should not be allowed to breathe it.
pogo

United States

#172 Mar 9, 2013
barefoot2626 wrote:
<quoted text>
<quoted text>
Poor Dumbo:
he thinks Americans can't read.
Here's the report:
http://www.bls.gov/news.release/pdf/empsit.pd...
PS:
Employers add a stunning 236,000 jobs in Feb.
Paul Davidson, USA TODAY11:13a.m. EST March 8, 2013
March hiring sign
(Photo: Justin Sullivan Getty Images)
Story Highlights
Unemployment rate drops to 7.7% from 7.9%
Employers added a much-better-than-expected 236,000 jobs in February as the labor market continued to shrug off a recent payroll tax hike and the prospect of big federal spending cuts.
The unemployment rate fell to 7.7% from 7.9%.
Analysis: Report shows economy's strengths
The consensus forecast of economists had estimated the economy added about 160,000 jobs in February.
Businesses added 246,000 jobs, while federal, state and local governments cut 10,000. Professional and business services, construction and health care led broad-based job gains.
The Labor Department revised down job gains for December and January by 15,000. December's net payroll jobs were revised up to 219,000 from 196,000, while January's were revised down to 119,000 from 157,000.
Some economists had been looking for strong gains after a report Thursday showed the number of Americans applying for unemployment benefits for the first time fell 7,000 to 340,000 in the latest week, and the four-week average of claims dipped to the lowest level in five years. Also, private payroll processor ADP estimated that businesses added 198,000 jobs last month.
Monthly job gains of 200,000 or more are typically needed to quickly bring down the unemployment rate. Job growth picked up last year to an average monthly pace of 181,000.
"We're slowly and steadily accelerating," says economist Joel Naroff of Naroff Economic Advisors. "The private side of the economy is in good shape. It's the public sector that's holding up" even stronger payroll growth.
Naroff expects average monthly job gains of 200,000-plus this year if the White House and Congress can agree to put off the budget cuts. If all the reductions occur, it likely would mean monthly gains of about 165,000, he says.
Business sentiment remains mixed amid the uncertainty in Washington. Thirty-three percent of executives plan to grow their staffs this year, 38% plan to reduce them and 29% expect no change, according to a first-quarter survey released this week by business group CEB.
In February, a broader gauge of distress in the job market — the underemployment rate — which includes discouraged Americans who have stopped looking for work and part-time workers who want full-time jobs, also fell in February to 14.3% from 14.4%.
Other signals were positive, too. The average workweek edged up to 34.5 hours from 34.4 hours in January. Employers often increase hours for existing employees before hiring. And average hourly earnings rose 4 cents to $23.82
Employers added 16,000 temporary workers. They typically add contingent workers before bringing on more permanent staff.
(clip)
So we don't owe $17 trillion anymore? And we won't add even more to that every month? We won't owe close to $22 trillion by the end of Obozo's term (even using his own numbers)? Good news! Because we were going in a direction that would make the Greeks look pretty smart.

Sorry, but a little temporary good news does not change anything. We are still in deep do-do and Obumble has done absolutely nothing to fix that. In fact, he's made it a lot worse.

Obama took over during a debt & spending crisis. What did he do? He added in ObamaCare and other programs so we could spend more and get even deeper in debt. That's like a a debt counselor telling your problem is that you need to max out more credit cards.

Since: Feb 11

Location hidden

#173 Mar 10, 2013
pogo wrote:
<quoted text>
So we don't owe $17 trillion anymore?
We owe about the same in interest as percent of national debt when Reagan ran up the national debt in the 80s.

And it's not quit 17 million because George Bush ran up the debt using Reagan's "national debt doesn't matter" trickle down model, so put the blame where it belongs.

I don't spend the day wringing my hands. It needs to be paid down but the USA can get along find with a 3 percent debt.

Since: Feb 11

Location hidden

#174 Mar 10, 2013
pogo wrote:
Sorry, but a little temporary good news does not change anything. We are still in deep do-do and Obumble has done
You stupid morons roll around screaming names about the POTUS didn't say diddly squat when the most incompetent POTUS in the last 80 years ran up the debt.

Got that, moron?

BUSH ran up the debt, BUSH put two wars on the credit card, BUSH cut off a trillion dollars in revenue, BUSH destroyed the economy BUSH was handed the first budget **SURPLUS** in some 40 years and BUSH turned it into a deficit.

PS: It's CONGRESS's job to create the budget to draw down the debt. You should have covered that in junior high civics class.
serfs up

Daytona Beach, FL

#175 Mar 10, 2013
barefoot2626 wrote:
<quoted text>
You stupid morons roll around screaming names about the POTUS didn't say diddly squat when the most incompetent POTUS in the last 80 years ran up the debt.
Got that, moron?
BUSH ran up the debt, BUSH put two wars on the credit card, BUSH cut off a trillion dollars in revenue, BUSH destroyed the economy BUSH was handed the first budget **SURPLUS** in some 40 years and BUSH turned it into a deficit.
PS: It's CONGRESS's job to create the budget to draw down the debt. You should have covered that in junior high civics class.
What bull! Da man elected in 2008 said he was going to cut the deficit in half his first term. He was a U.S. Senator. He knew what was happening. He lied like a mutha! Had total control for two years. He fiddled with his pure progressive agenda while Rome burned. He destroyed millions of taxpayers and crippled tens of millions more throwing them under the bus because they had the audacity to attempt to pay down their debts and act responsibly. Using their money as collateral for the federal reserve and the debts needed to keep the false progressive system alive. The housing industry is waiting to implode as it is being held back and the real inflation is several per cent a year now on living. On top of that, he is about to use peoples pensions as collateral knowing he can get the federal reserve to print up some more funny money is needed. So using people up front wit whatever money or savings they have under government control and using people hidden with a fiat currency behind the scenes is tightening the noose. And this will get worse and worse as finding real resources is a much smaller piece of the pie. No experience in anything. And this is what you get. An inner city bullcrap artist. Now go insult Palin again. Because she is no worse then the president.
pogo

United States

#176 Mar 10, 2013
barefoot2626 wrote:
<quoted text>
We owe about the same in interest as percent of national debt when Reagan ran up the national debt in the 80s.
And it's not quit 17 million because George Bush ran up the debt using Reagan's "national debt doesn't matter" trickle down model, so put the blame where it belongs.
I don't spend the day wringing my hands. It needs to be paid down but the USA can get along find with a 3 percent debt.
Thanks for the partial information, inaccurately presented using a grossly inept understanding of the economy!

How nice. Post DNC talking points much?

Never said Obama caused it all. Read again about what I said was happening when he took over. Only he's made it worse...much worse. He's done more damage than all past presidents bar none.
Eric Gustafson

Newport News, VA

#177 Mar 11, 2013
au contraire wrote:
<quoted text>You are too stupid to waste oxygen.

I'll take this to mean you can't find any place on the internet information or a news article to support your wayward theory that Obama has been authorized spending outside the 2009 Stimulus Bill.

So basically you're lying to give yourself importance..... or, you don't have a clue how your government works.
Eric Gustafson

Newport News, VA

#178 Mar 11, 2013
With 12,000 American Baby Boomers per day leaving the workforce, how much in decreases in the labor force does that translate to wo in a month?

You don't appear to be to bright.

CNS is part of the Conservative Propaganda Channel, repeating anything from their sites is akin to Parakeet Training.
au contraire wrote:
<quoted text> CNSNews.com )- The number of Americans not in the labor force increased by 296,000 in February, according to the Bureau of Labor Statistics’ latest jobs report.
According to the report, there were a total of 89.3 million people not in the labor force, up from 89 million in January.
BLS labels people who are unemployed and no longer looking for work as “not in the labor force,” including people who have retired on schedule, taken early retirement, or simply given up looking for work.
Eric Gustafson

Newport News, VA

#179 Mar 11, 2013
pogo wrote:
<quoted text>
Thanks for the partial information, inaccurately presented using a grossly inept understanding of the economy!
How nice. Post DNC talking points much?
Never said Obama caused it all. Read again about what I said was happening when he took over. Only he's made it worse...much worse. He's done more damage than all past presidents bar none.
Obama took America from loosing 700000 jobs per month, to 36 Months of Job Growth, lead America from a State of Failure and Economic Collapse, to a restoration in the markets, and 3 years of economic growth. All of this after George Bush nationalized the Financial and Automobile Industry and looted a Trillion from the Treasury to Nationalize those industries.

Can you define worse? Republicans have historically been a drain on the American economy.
Eric Gustafson

Newport News, VA

#180 Mar 11, 2013
Of the $16 Trillion in National Debt since George Washington,$9 Trillion was posted around the throats of America by Republicans President Reagan $1.6 Trillion, President George H.W. Bush $1 Trillion, and George H Bush $6.1 Trillion, and that has just been since 1981.

The present deficit is due to the Bush Tax Expenditures signed into law in 2001 and 2003, those are the policies the House Republicans today are fighting to keep in place.
pogo wrote:
<quoted text>
So we don't owe $17 trillion anymore? And we won't add even more to that every month? We won't owe close to $22 trillion by the end of Obozo's term (even using his own numbers)? Good news! Because we were going in a direction that would make the Greeks look pretty smart.
Sorry, but a little temporary good news does not change anything. We are still in deep do-do and Obumble has done absolutely nothing to fix that. In fact, he's made it a lot worse.
Obama took over during a debt & spending crisis. What did he do? He added in ObamaCare and other programs so we could spend more and get even deeper in debt. That's like a a debt counselor telling your problem is that you need to max out more credit cards.
conservative crapola

Allentown, PA

#183 Mar 11, 2013
au contraire wrote:
<quoted text>
fux? hahahahahahahahahahaha

“Forever Is Promised To No One”

Since: Nov 12

Location hidden

#184 Mar 11, 2013
conservative crapola wrote:
<quoted text>
fux? hahahahahahahahahahaha
Yes, it is funny that it is number one 11 years in a row and has the top show 13 years in a row.......hows that Air America failure working out for you or CNN having to change to a clown format to get viewers......hahahahah yep it is funny.

“Forever Is Promised To No One”

Since: Nov 12

Location hidden

#185 Mar 11, 2013
barefoot2626 wrote:
<quoted text>
You stupid morons roll around screaming names about the POTUS didn't say diddly squat when the most incompetent POTUS in the last 80 years ran up the debt.
Got that, moron?
BUSH ran up the debt, BUSH put two wars on the credit card, BUSH cut off a trillion dollars in revenue, BUSH destroyed the economy BUSH was handed the first budget **SURPLUS** in some 40 years and BUSH turned it into a deficit.
PS: It's CONGRESS's job to create the budget to draw down the debt. You should have covered that in junior high civics class.
What Do You Think about Obama Pardoning the Sequester and …
www.nationalreview.com/corner/342591/what-do-... hours ago
Mar 10, 2013 ·... titled “Confusing Question of the Day,” late-night host Jimmy Kimmel gave us yet another example of low-information voters and their unwavering ...
conservative crapola

Bethlehem, PA

#186 Mar 11, 2013
au contraire wrote:
<quoted text>
They attract the stupid. Witness aujimfraud from location hidden. How manly.

bwahahahahahahahahahaha

“Forever Is Promised To No One”

Since: Nov 12

Location hidden

#187 Mar 11, 2013
conservative crapola wrote:
<quoted text>
They attract the stupid. Witness aujimfraud from location hidden. How manly.
bwahahahahahahahahahaha
Oh my, so you were on the show. Which one was you.
conservative crapola

Bethlehem, PA

#188 Mar 11, 2013
au contraire wrote:
<quoted text>
Your low information English proves you watch them.

hahahahahahahaha

“Forever Is Promised To No One”

Since: Nov 12

Location hidden

#189 Mar 11, 2013
conservative crapola wrote:
<quoted text>
Your low information English proves you watch them.
hahahahahahahaha
Your going to be a hit pookie.....

• QUESTIONS TO LOW INFORMATION VOTERS DAYS BEFORE THE INAGURATION ACTUALLY TOOK PLACE.

• Low Information Obama Voters Show Their Stuff - VolNation
www.volnation.com/...low-information-obama-vo...
o Last updated: Jan 19, 2013 •
o Low Information Voters Show Their Stuff – Completely Make Up Crap About Obama’s Inauguration "Jimmy Kimmel sent a reporter down on the street to

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