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Jobless Rate Falls, Good Job Republicans!

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Started by ariscus99, Mar 04, 2011 4:05 PM
22 replies to this topic
22 replies to this topic

    ariscus99

    Bariatric Guru

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Posted March 4, 2011 - 4:05 PM

#1
Tax cuts must be working, the jobless rate has fallen to 8.9%.

The U.S. jobless rate unexpectedly fell to 8.9 percent in February, the lowest in almost two years, and employers added 192,000 jobs in a sign of growing confidence in the recovery.The increase in payrolls partly reflected a return to more seasonable weather and followed a 63,000 gain in January, Labor Department figures showed today in Washington. The median estimate in a Bloomberg News survey of economists was for an addition of 196,000 jobs last month.


Manufacturing, construction and transportation were among industries adding workers, underscoring Federal Reserve Chairman Ben S. Bernanke’s testimony to Congress this week that there are “grounds for optimism” about improvements in the labor market. Employment growth is giving Americans the means to keep spending at retailers such as J.C. Penney Co. andMacy’s Inc. (M)




Posted March 4, 2011 - 4:46 PM

#2

Tax cuts must be working, the jobless rate has fallen to 8.9%.




Even the hypocritical republicans haven't tried to take credit for this. If the tax cuts to the wealthy helped create jobs then since the tax cuts of 2001 and 2003 we would have seen that. Instead during bush's regime we went from 4.1% to 8% unemployement before bush's disastrous economic policies combined with wall street greed took us to a 9.8% unemployment.

Now that Obama's economic policies and payroll tax cuts to the working people, among other things, has had a chance to take effect, it's working.

Great job, Obama, keep up the good work.

And BTW, the republican's economic policy relying heavily on spending cuts would destroy this fragile recovery and cause the loss of 700,000 jobs. They had absolutely nothing to do with this recovery and everything to do with the crisis.


Posted March 4, 2011 - 4:57 PM

#3
A new Rasmussen poll in Wisconsin shows Governor Scott Walker, who won with 52% of the vote just four months ago, has become incredibly unpopular, with 57% of likely Wisconsin voters disapproving of Walker. And that's Rasmussen, the most Republican leaning polling outfit on earth!

48% of these voters strongly disapprove of him, while only 43% approve of the job Walker has done. This may be one of the most dramatic reversals in public opinion we've ever seen.



Jon Terbush of TPM reports that almost 80% of public union members disapprove of the Governors strong-arm approach to governance. 67% of families with children in school disapprove, with 54% disapproving strongly.

I have felt that this would be a victory for Unions and for Democrats, but I am shocked by how fast Governor Walker's political ship is sinking.




    ariscus99

    Bariatric Guru

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Posted March 4, 2011 - 6:00 PM

#4
If you must post, stay on topic, and keep the personal insults to yourself so the moderators don't have to close another thread. Thank you.


Posted March 4, 2011 - 6:54 PM

#5

If you must post, stay on topic, and keep the personal insults to yourself so the moderators don't have to close another thread. Thank you.


If you're talking to me about insults you need to follow you own advice. As to the subjects of my posts - I will feel free to post about the topics I choose. Last time I checked moderators didn't lock threads just for people going off topic.


Posted March 4, 2011 - 7:21 PM

#6
Actually I spoke too soon.


Republicans Take Credit for Jobs Report
By: David Dayen Friday March 4, 2011 10:36 am

It was inevitable and not really even worth rebutting that Republicans are somehow taking credit for today's decent February jobs report. Before I introduce you to their argument, let's go over the three (3) bills that have passed since Republicans came into control of the House:

1) renaming a courthouse in Arizona after John Roll, who was murdered in the Tuscon shooting;
2) extending the Patriot Act for 90 days;
3) extending government funding for two weeks, with $4 billion in cuts added.

Now, the third one happened this week, so it wouldn't have any impact on February jobs numbers. So unless an army of 100,000 people are changing the nameplates on that Arizona courthouse, and the other 100,000 are busily employed getting wiretaps on US citizens, Republican "credit" is totally bogus.

But you see, their argument isn't based on any legislation passed, but just a feeling. This is from Jeb Hensarling, chairman of the House Republican conference:

The improvement in our nation's jobs report is welcome news and demonstrates the resilience of the free enterprise economy in spite of the onslaught of the Democrats' big government agenda. But the real question is why is it taking so long and why is the recovery so weak? The modest improvement can be attributed to two factors – the free-market economy is slowly moving toward a recovery from this deep recession, and with Republicans controlling one lever of the lawmaking powers, job creators know the upper limits of the Democrats' legislative pain is behind them.

Nothing can be more uncertain than what Republicans have put the economy through over the past month. They waited until the final days to extend the government's funding, and then did so only for two weeks. Nobody knows how things will turn out after March 18. They haven't given too much certainty about raising the debt limit, which could cause a financial catastrophe. They want to block implementation of the health care law, which has a massive impact on businesses and creates significant uncertainty about what their costs as employers will end up being. Same with the effort to block EPA regulation of greenhouse gas emissions. It wasn't so long ago – like months – when uncertainty was seen as a the biggest obstacle for job creation. Republicans ushered in a whole mess of it.

But, House Speaker John Boehner says, it was the tax cut deal that really stopped the bleeding here, and brought certainty to job creators. Those would be the tax cuts which expire again in less than two years (some of them in less than a year, actually).

But Boehner actually gives the credit to "the American voters" for forcing the tax cut deal forward. OK, it's at least a little more modest. But let me then ask another question. The American voters have no interest in massive near-term budget cuts, not when you ask them about specifics. This has been polled time and time again with the same result. Yet the House GOP plan would cut those budget items in the near term, risking hundreds of thousands of jobs in the process.

So when those cuts kick in, will Boehner take credit on behalf of the American voters, who told him and his colleagues in no uncertain terms that they didn't want them, or the economic fallout that resulted from them?

Somehow, I think not.


    ariscus99

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Posted March 4, 2011 - 11:59 PM

#7

If you're talking to me about insults you need to follow you own advice. As to the subjects of my posts - I will feel free to post about the topics I choose. Last time I checked moderators didn't lock threads just for people going off topic.


IF? You insulted me personally on the the WI thread, and then the mods shut it down. So yeah I'm talking to you. As to the subject of your post's it makes for a much cleaner forum if we all try to stay on topic, so just start a new thread. It's not that hard.


Posted March 5, 2011 - 11:53 AM

#8

IF? You insulted me personally on the the WI thread, and then the mods shut it down. So yeah I'm talking to you. As to the subject of your post's it makes for a much cleaner forum if we all try to stay on topic, so just start a new thread. It's not that hard.


You're acting like a 16 year old
The crap you're spewing
You sound ignorant
You are sadder with every post
You screwed up
WTF is wrong with you. Get over yourself
You are an elitist of epic proportions
You have zero class whatsoever

The above are your insults to me personally but I didn't report you. I guess I hurt your feeling and you reported me.:sad: Boo hoo.

Well have fun arguing with yourself.


    cheryl2586

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Posted March 5, 2011 - 4:36 PM

#9
Its not the governments yay for jobs because they are sucking taxpayers money every single day. Its the companies at hands ability to hire new workers because of personal gain in the company. I dont see why everyone thinks the politicians are handleing business and creating jobs. They are all sitting on their asses collecting a large salary, take weeks off whenever they want and dont pay for healthcare or social security. Maybe just maybe the economy would blossom if their sorry asses would start contributing instead of taking away from americans.


    ariscus99

    Bariatric Guru

  • Posts: 445
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Posted March 5, 2011 - 5:44 PM

#10

You're acting like a 16 year old
The crap you're spewing
You sound ignorant
You are sadder with every post
You screwed up
WTF is wrong with you. Get over yourself
You are an elitist of epic proportions
You have zero class whatsoever

The above are your insults to me personally but I didn't report you. I guess I hurt your feeling and you reported me.:sad: Boo hoo.

Well have fun arguing with yourself.


I didn't report anything. However you may notice many of the threads you post in in the off topic section get closed, often because when people don't buy into your view of how you believe the world should work you get angry and start calling people names and claiming they aren't as intelligent as you are. It's a very typical liberal mindset, people who don't see your way just plain aren't smart enough to know what's best for them. That's called elitism. And it's an epidemic of the liberal and democrats of this country. Nancy Pelosi is a great example of an elitist who thinks the masses are too dumb to know what's best for them, so she must tell us what is best, even if we don't want it.


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