Gallup unemployment continues to fall: New low of 7.3%.

Discussion in 'Current Events' started by Iriemon, Oct 10, 2012.

  1. The XL

    The XL Well-Known Member

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    People have stopped looking for work at a rapid rate, it seems.
     
  2. Iriemon

    Iriemon Well-Known Member Past Donor

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    Thanks. We can always count on you to give us the irrelevant internet video take.

    You will appreciate this:

    [video=youtube;slFZ8K2aBoY]http://www.youtube.com/watch?v=slFZ8K2aBoY[/video]
     
  3. coolguybrad

    coolguybrad New Member

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    Both.

    -wiki
    Fiscal conservatism is a fiscal policy that advocates avoiding deficit spending. Fiscal conservatives often consider reduction of overall government spending and national debt as well as ensuring balanced budget of paramount importance. Free trade, deregulation of the economy, lower taxes, and other conservative policies are also often but not necessarily affiliated with fiscal conservatism.

    A stalemate is much closer to conservatism than liberalism.
     
  4. keymanjim

    keymanjim New Member Past Donor

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    Look who's talking.

    Oh well. Can anybody properly explain how unemployment can drop an entire point in one month when the labor force participation rate only climbed .1%?
     
  5. coolguybrad

    coolguybrad New Member

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    Definition of part time changed. Thats the only thing I can think of.
     
  6. Dr. Righteous

    Dr. Righteous Well-Known Member

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    Not quite. U-5, which measures discouraged workers, dropped from 9.6% to 9.3% in September.
     
  7. keymanjim

    keymanjim New Member Past Donor

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    Someone on another forum tried to tell me that they also revised the count for other months upward. But, to do that they would have had to do it for every month obama's been in office.
     
  8. Iriemon

    Iriemon Well-Known Member Past Donor

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    A stalemate of a trillion dollar deficit doesn't sound conservative to me.

    But then the modern meaning of "fiscal conservative" (or at least those who call themselves conservatives) has changed significantly since I was younger. It used to mean balance the budget. Now it means cut taxes and (*)(*)(*)(*) the consequences.
     
  9. BroncoBilly

    BroncoBilly Well-Known Member Past Donor

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    You are right about that, it will be too late, and you can bet, Octobers that come out on November 2nd, will not be so inspiring. Obama needs to be replaced, and the poll numbers are reflecting that
     
  10. Consmike

    Consmike New Member Past Donor

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    I don't need to, we add over $1T in debt alone. Its common sense.
     
  11. coolguybrad

    coolguybrad New Member

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    Actually, DC cut FICA rates, and the deficit shrunk. You are losing the argument. Sorry.
     
  12. Iriemon

    Iriemon Well-Known Member Past Donor

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    Look whose talking.

    No one said the UR dropped a whole point, but the explanation is a whole bunch more people got jobs.
     
  13. Consmike

    Consmike New Member Past Donor

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    http://online.wsj.com/article/SB10001424052748704621304576267113524583554.html
    Here is a little insight for you....I will even lower the bar to those making less than 1 Mill....

    1.65T- 938B......now you do the math.
     
  14. Iriemon

    Iriemon Well-Known Member Past Donor

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    Maybe your self-serving proclamations are impressive to you.
     
  15. keymanjim

    keymanjim New Member Past Donor

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    You're right. It was .8% from last month.

    But, a more likely explanation is that they are cooking the books. That's the only way to explain a .8% drop in unemployment with a .1% rise in employment.
     
  16. coolguybrad

    coolguybrad New Member

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    Your reply tells us all.

    ie - I have nothing to say so now I'll just point and call you a bully.
     
  17. Consmike

    Consmike New Member Past Donor

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    ahh we see you have no response, just blame the article and where it comes from. Move the (*)(*)(*)(*) along. your in the way of real American recovery.
     
  18. Iriemon

    Iriemon Well-Known Member Past Donor

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  19. Iriemon

    Iriemon Well-Known Member Past Donor

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    The fact you have to self-proclaim you "won" because the facts show different tell us all.
     
  20. Iriemon

    Iriemon Well-Known Member Past Donor

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    God(*)(*)(*)(*)(*)(*) I just wrote a lengthy post with citations to data analyzing this stuff and it just disappeared! Again.

    This is getting really old. : (
     
  21. Consmike

    Consmike New Member Past Donor

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    So tell me, if you get 938Billion by confiscating the income of people making over 380,000, how are you going to pay down the debt? lmao foolish.
     
  22. Consmike

    Consmike New Member Past Donor

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    It must have been garbage.
     
  23. Brewskier

    Brewskier Well-Known Member

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    You should have seen the size of the fish I caught the other day. You wouldn't believe it.
     
  24. coolguybrad

    coolguybrad New Member

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    You havent disputed any facts.

    FICA taxes cut, deficit decreased, unemployment came down, stock market went up, GDP still growing.

    Conservatism and stalemate wins again.

    Stopping Obama's agenda has been great.
     
  25. Iriemon

    Iriemon Well-Known Member Past Donor

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    Again I have to waste my time to reconstruct a post. This doesn't happen in other forums.

    The Murdoch Street Journal blog has its facts wrong (e.g. lies). It claims the deficit is $1.65 trillion, but the deficit is and never has been anywhere near that high. It also falsely asserts that the 1% pay 38% of the taxes. Which of course is not true, they pay about 38% of the income taxes, which are less than half of all taxes paid.

    After starting with two blatant false statements, lets see if their claim about millionaires is correct.

    According to the BEA, gross national income is about $13.3 trillion. http://bea.gov/national/nipaweb/SelectTable.asp?Selected=N Table 2.1

    As of 2005, CBO data shows that the minimum income of the richest 0.1% is $1.5 million.

    http://cbo.gov/doc.cfm?index=9884&zzz=38400

    That same source shows that the richest 0.1% also take a 9.0% share of the nation's income.

    That means that the richest 0.1%, who made a minimum of $1.5 million each in 2005, take about $1.2 trillion of gross national income.

    The deficit last year was about $1.1 trillion, which means that the richest 0.1%, making over $1.5 million, alone have the income to cover the deficit.

    Which establishes the third lie in the Murdoch Street Journal blog, and proves Mike's "common sense" based claim is, once again, wrong.
     

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