Woah woah woah there. If you're going to use that logic, then anyone who's paid into the system can say that their stuff isn't technically "free" either. And I really don't see how you can rail against people on welfare, food stamps and the like if you use that argument. You used the system to get free golf carts, funded by taxpayer dollars, that you likely could've bought on your own dime. Others use the system to get food that they may or may not be able to purchase on their own. After all, if you can work the system, why not, right?
Now I'm somewhat being a Devil's Advocate here, because I don't have a problem with you using those tax credits. But if you're against tax credit deductions, and you're against the government investing in electric vehicles, it does seem odd. (I wouldn't necessarily say hypocritical because it's a Prisoner's Dilemma... why should you pay more if it doesn't make a big difference and everyone else isn't forced to as well?)
I'm not nailing it on you. What I'm saying is we didn't get the outcry you saw today 4 weeks ago, when you started this thread, nor in many months prior, when the unemployment was growing.
IIRC, this administration didn't change the methodology. Looks kind of disingenuous to now claim they're cooking the book because things might be looking just a little bit better.
7.8% is still a lot no matter how you look at it.
Are you really going to be so coy as to behave like this entire thread is not about your attempt at an indictment about how the BLS acquires, compiles, adjusts and represents their data.
You posted this link in response to:
Perhaps you didn't read the link and perhaps you don't think affirming your position in response to his question but either way that is on you.
You should probably quit talking about my financial situation. You really have no clue and it really speaks all about you and nothing about me. We understand that your only priority is getting yours. By all means though continue acting like a shallow .
While you sit there and boast about how many taxes you pay there is some context that needs to be pointed out. You have paid less taxes for the last 30 years than your parents or your parents parents ever did. In that time you have cut your tax rate from on average 18% to 11%. During that time period we have seen historic expansions to social services like the expansion of Medicare right as you pukes enter the age group to benefit from it. Because of this since 1965, on average your age group has seen a net $2.2m per capita in outlays versus what you pay in.
For the same amount of income you have paid less and received more than your parents or your parents parent. that doesn't make you righteous. That makes you in your words: a "worthless pieces of and ing, breeding self perpetuatng leeches on the system."
Completely false statement, princess.
Throw in the upwardly revised job creation numbers from the past couple of months and you have your answer if you choose not to conveniently ignore it.
It's hilarious; I'm not even crediting Obama for the numbers, but you'll be goddamned if you let even meagerly good news occur during his watch without putting on your tin foil hat.
Jack Welch On CNBC: 'Thank God' I Questioned The Jobs Numbers
Now Welch is claiming that an unemployment uptick in the latest report has "confirmed [this] view."
"This month we had 171,000 jobs and we go up!" Welch said Monday morning on CNBC's Squawk Box. "So we had 70,000 more jobs and we go up. Why? Because this thing is filled with assumptions."
Despite widespread criticism of Welch's conspiracy theory, he's largely stood by the original tweet, admitting in a Wall Street Journal op-ed only that he should have used a question mark in the original tweet, since his intention was to raise "a question" about the number's legitimacy. "Thank God I did," Welch added during Monday's Squawk Box appearance.
GE's labor force fell by around 100,000 during Welsh's tenure as head of the corporation, according to Fortune.
http://www.huffingtonpost.com/2012/1...=Daily%20Brief
Last edited by boutons_deux; 11-05-2012 at 02:04 PM.
lol Welch is now claiming he influenced the latest report?
About 15 years ago I remember they changed the way the looked at unemployment. Brownsville Texas, which always had 10-12% unemployment went to 7% over night. I guess you can do what ever you want to with the numbers to make it fit your beliefs.
Are you suggesting the BLS made recent modifications to the way they calculate their numbers?
No, not at all, but often we see people try to do historical comparisons with two completely different types of analysis. Just an observation.
time: 1:15 and 1:54
So you don't really have a point then. Nice to know.
I wonder what they might call an employment/unemployment number that includes businesses that could hire more people, but choose to work their people overtime instead. Like where I work, because it's cheaper than paying the extra insurance costs of employing more people. 10-12 hr days, six days a week, etc...
Poverty growing among L.A. County veterans, study finds
Thousands of veterans in Los Angeles County are falling into poverty and unemployment, according to research commissioned by United Way of Greater Los Angeles, which issued a call to action Friday to better address the needs of returning service members.
"Our region is woefully unprepared with the support services necessary to ensure a smooth transition into civilian life," said the group's regional president, Elise Buik.
Although numerous programs exist to assist local veterans, coordination between them is insufficient, and they aren't getting consistent or timely data on the population they serve, United Way officials said.
Researchers analyzed data from the Census Bureau's American Community Survey that is nearly three years old.
The county was home to some 328,000 veterans in 2010, according to the analysis conducted by the Economic Round Table, a nonprofit research group.
While most were old enough to have served in Vietnam and earlier conflicts, they included about 36,000 who served since 2001. By 2017, that figure is projected to grow by more than 24,000 as U.S. forces complete the drawdown in Iraq and Afghanistan.
Thousands of veterans are already falling through the cracks, said Alicia Lara, vice president of community investment at United Way of Greater Los Angeles.
The number of post-9/11 veterans living below the federal poverty line in L.A. County increased sharply during the recession, from about 4% in 2008 to nearly 12% in 2010, the analysis showed. That was approaching the poverty rate among civilians: nearly 16%.
http://touch.latimes.com/#section/60.../p2p-73240850/
Damn, them coats fit good.
http://www.theamericanconservative.c...port-is-awful/When the Labor Department released its always highly-anticipated jobs report this morning, the most-cited numbers looked pretty good at first glance, with the unemployment rate dropping a hair from 7.4 percent to 7.3 percent, and the economy adding around 160,000 new jobs. Seems good, right? At least not bad? Neil Irwin pulls back the curtain:
But in almost all the particulars, you can find signs that this job market is weaker than it appeared just a few months ago, and maybe getting worse. The drop in the unemployment rate was caused by 312,000 people dropping out of the labor force. The number of people actually reporting having a job actually fell by 112,000 in the survey on which the unemployment rate is based.Moreover, some analysts were expecting that the job numbers from previous months, which are always updated from this initial first estimate, would be revised upwards if the economy were indeed gaining steam. Instead, as Joe Weisenthal put it: “Last month was revised SHARPLY down from 162 to 104K. That is quite ominous.”
These numbers, as is evident above, are always subject to revision and it is unwise to put too much stock in any one report, but when so many numbers start slumping together, pessimism starts to set in. Irwin again:
Consider this: The nation has averaged 148,000 new jobs a month for the last three months. The number was 160,000 for the last six months, and 184,000 a month over the last year. That looks to me like a downward trend, no two ways about it. It’s certainly not the gradual acceleration that most mainstream economists have forecast as 2013 advances and the impact of tighter fiscal policy fades.
Want another sign? The proportion of the U.S. population that had a job in August was 58.6 percent. Six months earlier, the number was a whopping — wait for it — 58.6 percent. The year is nearly three-quarters over, and the economy isn’t growing fast enough to put a higher proportion of its citizens back to work.
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