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haven't you heard that job losses have steadily declined to almost nothing? Is that good or not?
WTF?
haven't you heard that job losses have steadily declined to almost nothing? Is that good or not?
Only a lib would listen to that and say they agree. Tell that to those 36,000 people!
Harry Reid is a buffoon - who will be one of those unemployed come November - and THAT will be a good day!
Is it better than losing hundreds of thousands of jobs? Simple yes or no question.
Using your logic, I guess we could ask the 30 + million uninsured (and it's growing) if they are happy that the GOP is misleading the country concerning what is in the Health Care reform bill.
Sliding backwards at a slower pace is not anything to be proud of. It's a fools errand to rejoice until the trend is job gains.
This is worse than "mission accomplished."
losing 36K jobs is comparatively positive and true
"mission accomplished" was nothing but a Big Lie, Jonah Cobra
Come on, DarrinS and other wrongies, is losing 36K jobs/month better or worse than losing several 100K jobs/month?
up-or-down yes or no, or STFU.
I think the le of this thread is misleading. We didn't lose 36k jobs in one day. We lost those in the entire month of February. That number came in above projections and is in stark contract to where we were at this time last year.
I'm sure the Republicans are hoping this turnaround doesn't become evident to the masses before November.
Yes, I think most of us already know that. It was Reid that made the gaff saying day instead of month, February, etc. I did seek the truth, and I'm sure the other conservative leaning people here did also.
As I pointed out, just because it isn't as bad, doesn't make it good. That is some seriously re ed thinking.
Even if losses turns into hiring by November, the 8 million jobs lost will still be causing enormous distress, coupled with continued residential and commercial foreclosures.
The Repugs will be running on scare-mongering, yawn, and the straw man of socialism. Repugs never "misunderstimate" the stupidity of the American TV watcher, and always shoot for the most inane LCD.
He obviously meant today's good news is a greatly reduced job loss of only 36K for the month. All the Repugs can do is play gotcha games.
What is the Repugs' strategy for getting Americans back to work AND most importantly getting the consumers consuming (Chinese/imported crap) again? anybody? seriously, anybody?
even if job losses is declining, its still a fkn job loss when you add it all up for the year compared to how many jobs is created or shifted to another area....
the aircraft isn't gaining speed right now but the crash would still turn it in chalk with its current velocity, and the fact is the plane is still accelerating downwards. I just couldn't imagine how BHO convinced himself he had done such a great job as he believed so.
Still waiting for the Repugs and other wrongies here for their sure-fire suggestions how to create jobs, stimulate demand, and what to do with 5M homes in arrears or foreclosure.
They're just a bunch of monkeys screaming and throwing .
Last edited by boutons_deux; 03-10-2010 at 10:58 AM.
...pfff..that's easy...less regulation, you know, like the kind that brought us the real estate bubble and banking collapse and more tax cuts for the rich which didn't work for Dubya
Not that you are interested in a serious response, but I'll give it a shot anyway because I'm marginally more re ed than Reid.
There should be clear incentives for companies to retain/relocate manufacturing and employment back to the mainland. There would need to be a regulatory body to enforce legislation like this or you run the risk of companies taking huge tax abatements to keep jobs local and exporting them anyway. There are companies such as MacNeil Automotive Products who have relocated their manufacturing back to American soil and buy their equipment from American suppliers. As a result, they are enjoying a considerable PR boost from this practice, kind of like Ford is now by not accepting bailout money. I think the avg. American consumer would purchase American goods given the choice...now more than ever. I think many now recognize the difference between a corporatist economy and a capitalist economy.
I could be wrong.
btw...I'm pretty sure that 36k figure will be adjusted, like most of the UI figures are...but we won't hear about that.
"MacNeil Automotive Products .. enjoying a considerable PR boost from this practice"
until they can take the "PR boost" to the bank, and out compete imports, it's PR fluff.
That's exactly what they're doing...no fluff at all.
In a full-employment economy of 5% unemployment, service sector is now 70% of the the economy and growing, while manufacturing is tiny and shrinking.
http://useconomy.about.com/b/2006/12...us-economy.htm
The US simply can't compete with (cheap-labor intensive) foreign widgets, unless the US factories are highly automated (ie, minimal employees).
iow, there is little hope for jobs recovery in the mfring sector. Materials mgmt, computer assisted design and mfring, ERP, logistics, automation, robotics continue to increase and out-compete human beings, doing a better job, more reliably, and cheaper (no health plan, no sick days, no pension plan) .
True, but there are jobs to be harvested. I prefer not to write off an entire sector. It's not the panacea but it's a part of the solution.
BTW...MacNeil buys all of their manufacturing equipment..even their inventory racks from American suppliers who still manufacture in America. There can be a resonance effect that you are discounting.
The Great Banksters Depression cost 8M+ jobs.
Revival of the shrinking US mfg sector ain't gonna make a dent in an 8M hole, no matter how much resonance.
US is a post-industrial (post widgets) information & services society. No way to reverse that trend. Same is true in all industrial countries.
We are arriving at the point where the world's widget production (over) capacity can produce much more junky widgets than can be consumed. aka, idle production.
Marketing tries to force us/seduce us into buying more , but even marketing will fail at some point.
There is just so much in the industrial countries and beyond that simply isn't sustainable (food, water, energy, etc) but we don't have the leadership that can convince us to change directions towards sustainabililty.
Wonderful insight....I'm sure people thought the same in the 1780's, 1880's and 1980's but human ingenuity always seems to find a way..There is just so much in the industrial countries and beyond that simply isn't sustainable (food, water, energy, etc) but we don't have the leadership that can convince us to change directions towards sustainabililty.
..good news for the economy means bad news for the GOP in Nov...remember that the 6 million jobs lost were from the Bush recession and near collapse...
More bad news for the GOP...
As I've posted here before, job growth is one of the last signs you'll see before a new era of economic expansion....March 9 (Bloomberg) -- Job openings in the U.S. rose in January to the highest level in almost a year, signaling employers are gaining confidence as the economic recovery takes hold.
Openings increased by 193,000 to 2.72 million, the most since February 2009, the Labor Department said today in Washington. More people were hired and the number of workers fired decreased to the lowest level in almost two years, the report also showed.
The figures indicate that the world’s largest economy, which expanded in the second half of 2009, is poised to add workers after payrolls dropped less than anticipated last month. Nonetheless, the labor market will take time to overcome the loss of 8.4 million jobs since the beginning of the recession in December 2007.
“The increase in the job openings rate is a positive sign,” said James O’Sullivan, global chief economist at MF Global Ltd. in New York. “We’re at the point now where job growth is turning positive. The labor market is improving, but it’s got a long way to go.”
The rate of job openings in January climbed to 2.1 percent from 1.9 percent the prior month, according to today’s report. Education and health care showed the biggest gain in worker demand followed by business services and hotels and restaurants.
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