Comments for With the Obama Unemloyment at 9.5%--Where Are the Jobs? »
Posted By pc25 6 months ago in Political OpinionHouse Republican Leader John Boehner (R-OH) today released a new web video targeting Washington Democrats’ trillion-dollar “stimulus” bill and asking “where are the jobs?”
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pc256 months ago
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http://online.wsj.com/article/SB124657739768489217...
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Tilting at Windmill Jobs
The 'stimulus' promised a jobless peak of 8%; it's now 9.5%.
About the best we can say about yesterday's June jobs report is that employment is usually a lagging economic indicator. At least we hope it is, because the loss of 467,000 jobs for the month is one more sign that the economy still hasn't hit bottom despite months of epic fiscal and monetary reflation.
The report is in many ways even uglier than the headline numbers. Average hours worked per week dropped to 33, the lowest level in at least 40 years. This means that millions of full-time workers are being downgraded to part-time, as businesses slash labor costs to remain above water. Because people are working less, wages have fallen by 0.3% this year. Factories are operating at only 65% capacity, while the overall jobless rate hit 9.5%. Throw in discouraged workers who want full-time work, and the labor underutilization rate climbed to 16.5%.-
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Dionys6 months ago
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You mean with Obama still trying to help a country recover from the economic policies of the Bush era and collapse of the economy.. why is unemployment at 9.5%?
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I guess Bush's destruction of the country was as complete as the bankruptcy and destruction of all the companies he ran into the ground. Too bad the House of Saud can't bankroll a new America like they bankrolled Bushie's new companies all the time.-
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pc256 months ago
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no I mean Obama who Gibbs said is TOTALLY responsible for this economy......that's the Obama we are talking about.......apparently you missed the communique from party headquarters that this is Obama's economy now.....just google it..........
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bubba26 months ago
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Please provide the documention and/or quote where Robert Gibbs said that "Obama is TOTALLY responsible for this economy".
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Meanwhile, here is what he said 3 weeks ago ...
http://www.whitehouse.gov/the_press_office/Briefin...-
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pc256 months ago
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http://hotair.com/archives/2009/06/30/video-gibbs-...
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how that hot shot-
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bubba26 months ago
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You are "interpreting" what Gibbs said, NOT quoting him.
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What Gibbs said was that "we should BEGIN to judge now" whether or not the stimulus package is working.
That is NOT saying that "Obama IS responsible for the economy".
Go back to English class to make sure you comprehend a simple sentence ... and don't call me "hot shot" ... -
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CaptainLucid6 months ago
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Here is a lesson in logic I explained to my sister in slightly different form. If Gibbs calls a dogs tail a leg then how many legs does a dog have? Most republicans would answer 5. The correct answer is 4 because what Gibbs says does not change reality. Just because some lying republican pundit said something in no way makes it real. Actually it is more the opposite. If I right wing BS artist mentions it assume it is false because thats how to play the odds.
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libsRfunnyComment removed: Hard Banned3 Replies
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mesodude6 months ago
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pc, let's take a trip down memory lane...Picture it: The "surge" for Bush's illegal war in Iraq. Now, were cons watching and counting as each grain of sand in the hour glass dropped when it came to giving the "surge" time to work? Exactly... Ya weren't... We heard cons blathering and barking "waaaaaaaaaaaahhh...No fair! All the troops aren't THERE yet so it ain't a real surge yet" and "noooooo...we need to wait until every single soldier is in Iraq and unpacked or whatever...before we know for sure that this is working...you liberals are so meeeeeeean!" In fact, I seem to remember you people supported endless war and non-stop funneling of billions of dollars to be spent to keep Americans in Iraq to die so you could have cheap gas and tax cuts. Only a fraction of the money for the stimulus has been distributed so far so you right wing weasels really need to STHU. First, you're bitching that he's spending money too fast (before he's even spent it) and if he actually DID spend the money quickly, you'd be bitching about THAT or waiting for the first opportunity to jump on "the government" for mismanaging our tax dollars. You got months and months and months while we waited for the "surge" to work so don't you f*ckups dare start crying when your farm animal Bush caused this crap pile up and left it behind. GET SERIOUS, cons. ;-(
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mesodude6 months ago
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Klarissa, if you silly pinhead cons have convinced yourselves that Americans have forgotten the death and destruction *you filthy rodents* have caused (and continue to cause) by having voted for war monger Bush and torturer Cheney, you're braindead. You're in a complete vegetative state, lady.
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fiftynineComment removed: Hard Banned
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fiftynineComment removed: Hard Banned
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pc256 months ago
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http://hotair.com/archives/2009/06/30/video-gibbs-...
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Video: Gibbs tells MS-NBC that Obama’s ready to take responsibility for economy
Gee, and it only took six months! Yesterday, MS-NBC’s Chuck Todd asked White House press secretary Robert Gibbs when the time will come to judge the success of the stimulus package Barack Obama pushed Congress to pass. Gibbs says we can start now: -
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pc256 months ago
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http://www.wzzm13.com/news/story.aspx?storyid=1109...
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Unemployment system strains to deal with 14% jobless rate
Michigan's unemployment rate is above 14%, meaning 450,000 people in our state are receiving benefits.
Michigan's unemployment system is strained by the growing number of laid off workers. And things are getting worse, fast. In the recession of the 1980's it took almost two years for unemployment to climb from 10 percent to 14 percent. This time around, that jump happened in five months. -
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pc256 months ago
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http://www.bizjournals.com/sacramento/stories/2009...
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Six California cities have unemployment above 15%
Almost half of the cities with 15 percent-plus jobless rates last month were in California, with El Centro at the top of the list with a 26.8 percent unemployment rate.
Yuba City had the second-highest jobless rate in the state at 17.7 percent, while Merced, Modesto, Fresno, Redding and Stockton also endured 15 percent-plus jobless rates, according to a federal report released Tuesday.
Sacramento-area’s jobless rate reached 11.1 percent last month, 2 percentage points below the modern-day record of 11.3 percent reached in March, according to the state Employment Development Department. But the capital region is faring better than many other metropolitan areas. -
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pc256 months ago
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http://hotair.com/archives/2009/07/03/video-colin-...
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Video: Colin Powell suddenly “concerned” about government spending
Apparently Powells Obamagasm is over.........
Correction: He’s a “little concerned.” This from a guy who, not two months ago, declared that “Americans are looking for more government in their life, not less” and who even here responds to a clip of him speaking at the 1996 GOP convention by announcing, “I don’t like slogans anymore like ‘limited government’” — before proceeding to voice his worries about “additional government.” -
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nostalgia6 months ago
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13 cities post unemployment above 15%
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9 of the highest are in California. An additional 93 metro areas are at 10% or more
June 3, 2009:
There were 13 unlucky cities with unemployment rates topping 15% in April, and another 93 saw joblessness climb above 10%, according to a government report released Wednesday.
Unlucky 13
In April 2009, 13 U.S. cities had unemployment rates above 15%.
1. El Centro, Calif. 26.9%
2. Yuma, Ariz. 20.3%
3. Merced, Calif. 18.3%
4. Yuba City, Calif. 18.2%
5. Elkhart, Ind. 17.8%
6. Modesto, Calif. 16.8%
7. Stockton, Calif. 15.6%
8. Bend, Ore. 15.6%
9. Fresno, Calif. 15.5%
10. Visalia, Calif. 15.4%
11. Redding, Calif. 15.4%
12. Hanford, Calif. 15.3%
13. Longview, Wash. 15.2%
http://www.time.com/time/nation/article/0,8599,190...
Notice these are the figures from April. Can you imagine what they are now?-
PetesakeComment removed: Hard Banned35 Replies
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k9kssr6 months ago
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bubba26 months ago
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WRONG about 2006 ... nothing from Pelosi to "dig out" of, as you so eloquently put it ...
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http://www.factcheck.org/askfactcheck/did_electing... -
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mesodude6 months ago
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"bubba, 5 months and 2006 to 2008 - do we have to dig out the Pelosi campaign promises when the democrats took over the congress in 2006?"
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--Dig out whatever you want. Just as long as we see a list of all of Bush's campaign promises kept too, Klarissa. ROTFLMAO Good luck with that "list". ;-P
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mesodude6 months ago
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"The stimulus is not working. period. Nancy, Reid, and Obama got it wrong."
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--The thing is, we said that about the surge and cons bleated and bitched that Bush needed more time to bankrupt our country and grind our military down to dust. And that's exactly why your horsesh*t opinions about governing our country now mean absolutely ZILCH.-
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beavith16 months ago
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its never going to work.
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throwing money at anything is never a solution. its just bad management.
in this case is political toadyism.
sure.. trot out out the Krugmanspeak belief that Go'vt can''t spend enough money. let me rephrase that. gov't can't spend enough of YOUR money. when it finally sinks in that we've taken the wrong direction, we'll be ready to do something.-
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mesodude6 months ago
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"its never going to work."
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--Thanks but when have your political predictions been accurate? Exactly...Never.
"throwing money at anything is never a solution. its just bad management."
--You're welcome to your interpetation but you're not an economist and you cons have a poor track record when it comes to the economy. No one thinks you're credible so why waste time typing your horsecrap predictions? Exactly...There no point to it. ;-0
"sure.. trot out out the Krugmanspeak belief that Go'vt can''t spend enough money. let me rephrase that. gov't can't spend enough of YOUR money. when it finally sinks in that we've taken the wrong direction, we'll be ready to do something."
--You're not even posting substance based arguments, beavy. Any moron can sit back and bitch that something's not gonna work...blah blah blah...You weasels on the right love to bitch but what have you cretins offered as a solution? More tax cuts? Yeah...Great strategy. ;-o
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DenCuddy6 months ago
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Funds haven't even been announced yet for the NIH renovation grants (total $1 billion) , There was a June 17th deadline. these things need review and approval, do you want the gov to simply throw money in the streets? I guess that what happened to the $17 Billion lost in Iraq.
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CaptainLucid6 months ago
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Damn government jobs. I mean like when my late mom or my dad has health problems I get some goddamn government employees showing up in an ambulance which I am sure my tax dollars paid for. If someone is sneaking around my place I get some damn government employees showing up in a black and white and I am pretty sure my taxes paid for the car and the lights on the roof. I pay taxes because I want public services.
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jimdoze6 months ago
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Oh sure! Because police and ambulance workers are local government jobs, that is all we need to know as proof that your doctor, your hospital, your grocer, your auto manufacturer and dealer, your retailer, your pharmacist, your energy utility, your construction company, your (have I missed anything?)... oh yes... your gravedigger would be done better and more humanely as all be federal government jobs!
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Exhibit 1 in how the slippery slope becomes a Mt. Everest sized water-slide.
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bubba26 months ago
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I am also wondering where those jobs are, and I am very concerned about it, especially since I have been out of work since April 3.
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I am not satisfied with what the administration is reporting so far, and other reports have noted that only about 10% of the stimulus has been spent directly on items that will create jobs.
But, to say that the stimulus bill is not working as planned is NOT to say that Obama is "TOTALLY" responsible for the current economy.
The Obama administration inherited an economic MESS built up during the Bush years.
While the Bush administration is not "totally" responsible for that mess, they most definitely were the main contributors to it over the last 8 years.
So, for you to so quickly judge after 5 months in office that Obama is "TOTALLY responsible" for the current economy really is fallacious.
It took YEARS for the economy to collapse, starting in mid-2007. It will take YEARS for the economy to recover.
Is the stimulus packaging helping or not?
So far, I am not impressed - I am concerned and worried, and I want to see more results and more accurate information from the bill and from the White House.
But, It really is too early to make 'final' judgements on the impact of the stimulus and other actions by Obama and the current Congress.
I would wager that if Obama were a Republican (or it was McCain that was in office), whatever actions were being taken that you disliked would not be judged so quickly.-
libsRfunnyComment removed: Hard Banned6 Replies
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engineer6 months ago
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The new federal budget just came into place on July 1st. None of the new administrations ideas could really be put into place before this. Bush's stuff was still there. What's more Bush's commitments are still and still will be there for many years. Of course PC@% will look for anything to knock the Obama administration, while never knocked the Bush and the GOP which brought us to this point.
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1. Bush started an unjustified war
2. He gave tax breaks to the wealthy.
3. He signed a medicare bill which said the government could not negotiate drug prices.
4. He encouraged outsourcing.
4. He gave most favored nation status to China, which is run by one of the worlds most repressive regimes.
There are more things, but PC25 wuill go on with Neocon rant.-
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beavith16 months ago
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mistaken, my good fellow engineer.
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1.) i disagree, but i'll throw you a bone.
2.) no.
3.)baloney.
4.) 'outsourcing' is not a federally controlled activity.
your other 4.) and one that is inextricably linked with our economy
its not a 'neocon rant' if they disagree with you.-
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bubba26 months ago
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engineer is right - you are wrong.
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The Iraq war WAS totally unjustified. All of the reasons used by Bush and Cheney were proved to be totally FALSE.
Yes, Bush and the Republicans DID give tax breaks to the wealthy. His "tax cuts" benefited the top 2% income earners MUCH more than it did anyone else.
Yes, the 2003 Medicare prescription drug law does NOT allow the government to negotiate drug prices.
http://www.usatoday.com/money/industries/health/20...
"Instead of government negotiators, or government-set prices, insurers who offer drug coverage will negotiate directly with drug companies over drug prices."
The federal government DOES, in fact, outsource work to private contractors. It happened for Abu Graib and with Blackwater, not to mention Halliburton and KBR.-
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bubba26 months ago
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Other supporting URLs for my above statements --
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Federal government outsourcing --
http://www.law.harvard.edu/news/spotlight/faculty-...
Bush tax cuts mainly benefited the rich --
http://www.nytimes.com/2007/01/08/washington/08tax...
Iraq war lies --
http://projects.publicintegrity.org/WarCard/-
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gwhiddon6 months ago
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bubba26 months ago
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Prove your statement.
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Meanwhile, read this (and the source URLs in this article) --
http://mediamatters.org/research/200902260012
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beavith16 months ago
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1.) you use 'totally' way too much. i don't think it means what you think it means.
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but, by all means. read my response again. i said that i'd throw him a bone.
2.) no $heet , sherlock. of course they got a greater 'benefit'. they paid more in. that doesn't, in the same breath 'benefit' the people that fell off the tax rolls on the lower income side. spin is not your friend.
3.) BFD. here's a newsflash for you. the system is broken. but let me ask a rhetorical question. when has the gov't ever set a price or negoiated a price for any product? oh yeah. when they have wage- price controls or rationing. oooo good idea.
4.) try and stay in context. if at all possible. its been the gov't intention to outsource jobs to the DOMESTIC private sector when the DOMESTIC private sector was able to perform that function more effectively than the gov't could. maybe i'm going out on a limb, but i believe that engineer was talking about outsourcing of US jobs overseas by private companies.
i don't need urls for this stuff. its common fact.-
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bubba26 months ago
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No "spin" about any of it. Read the DETAILS about the tax cuts - the rich got a MUCH greater benefit than ANYONE else.
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Here's a newsflash for YOU ... when the pharmaceuticals get to set their OWN prices, YOU and EVERYONE ELSE pay WAY TOO MUCH for prescription drugs. THAT is one of the BIGGEST problems with our current health care situation in this country.
When you get old and are on a fixed income, come back and tell me how the pharms are really giving you a great 'deal' on the price of your medications, and let me know if you can afford to eat and pay the rent AND get those medicines.
Engineer was talkinga about outsourcing - didn't say whether it was only domestic or only international. I expect he meant BOTH.
And it is being proved that outsourcing - whichever one you pick - is costing taxpayers MORE, not less.
Oh ... you don't need to prove anything, as you are the resident expert and don't have to back up anything you say?
How nice for you, but I think I'll stick to the REAL experts over your 'opinion'.-
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beavith16 months ago
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much 'greater benefit' versus paying no taxes at all?
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oh.. i get it. if the rich keep their money, that's bad.
read an economics book. then read something like Animal Farm or Atlas Shrugged.
this will take some time for you to assimilate.
if you do, you wouldn't make the patently crazy statement about how pharma is just screwing people. if you think you can do it better, do it. otherwise, shut up about markets for which you have no idea. worse, your politics wouldn't color your slanted assessment.
its convenient that you choose to say both. federal outsourcing was only to be for jobs that were less expensive. all right, mr resource boy. come up with an assessment that SHOWS how federal outsourcing has been more expensive than had the gov't done it itself. then do the same for commercial outsourcing.
wow. i thought it was common knowledge. i'm an EXPERT? wow. thanks!
as far as who you believe, i'd make the small recommendation to not believe everything that people write.
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jimdoze6 months ago
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1. Justified and not unwise. Has so far saved the world from WWIII at a lower cost in American lives than the battle for a 2 mile long by 8 mile wide sandbar then called Iwo Jima.
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2. Abject Nonsense... as the number of people who don't pay income taxes approaches 50%.
3. By signing a medicare bill, he threw a bone to a constituency he was never going to capture anyway because the Dems can always throw a bigger bone. Never should have been signed.
4. More nonsense. Outsourcing is what wise business people do when the cost of producing and delivering a good or service outsourced is dramatically less than the cost of producing it insourced. Outsourcing has improved the lives of humanity by multiples more in the last decade than all of the foreign aid in the history of our country.
What brought is to this point, economically, was 50 years of increasing government support of real estate and mortgage markets which produced an economic bubble that finally popped... something that all bubbles do. For every instance you may cite of the Bush Administration not protecting the country from the bubble popping, I'll cite you two of congress protecting and piling on additional mandates to exacerbate the bubble.
You may call me a neocon if you insist. What shall I call you, a Neville-pacifist head-in-the-sand Luddite?-
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Dionys6 months ago
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"1. Justified and not unwise. Has so far saved the world from WWIII at a lower cost in American lives than the battle for a 2 mile long by 8 mile wide sandbar then called Iwo Jima."
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Justified to invade Iraq? Why? Seriously. If you can justify in any way invading Iraq than you can just as easily justfy invading China and they're a much bigger threat to the US. -
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bubba26 months ago
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The Iraq war was unjustified -- all the reasons given to invade were LIES. There were NO Al Qaeda in iraq, no WMD, no connection between Iraq and 9/11.
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PROVE your statement about who pays income taxes. Otherwise, your statement has no basis in fact.
It is already being proved (per the URL in my above post) that outsourcing is costing the taxpayers MORE, not less.
What brought us to this point was the continuation of Reaganomics and that philosophy of a "free market" and NO regulation.
PLEASE - try to prove to us all of your statements about "additional mandates" from Congress that "exacerbated" the bubble - post all of that valid documentation for us. -
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billcorno6 months ago
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The Republicans got us into this mess. They should just "sit on it" for at least a year, if not eight, as far as I'm concerned.
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For any Neocon to criticize the Obama administration is like the officers of the Titanic criticizing the survivors in the life boats, I think. And those officers want the life boat leaders to fail. (At least the real ones went down with the ship...) -
libsRfunnyComment removed: Hard Banned1 Reply
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jakesguile6 months ago
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Obama unemployment at 9.5%?.... Really? Really PC?
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You know? I... I think that this is Bush unemployment... yeah... I'm pretty sure actually.
But you know? Honestly? I didn't know unemployment belonged to anybody, I thought it was a state of joblessness that represented the country as a whole, not deligated to any one person. I thought that was Econ 101. Did your teachers know something the rest of us don't? Quickly, let's get them into positions of power so they can fix our 'conomy!
I'm far far FAR too busy here watching Ow, My Balls! -
beavis617bComment removed: Retracted by user
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JohnGault6 months ago
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Why do people think that the President can control the unemployment rate?
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There are so many moving parts in the economy, to try an think you can control it is impossible. There are a few things you can do to promote growth, but you have to wait for the market to react.
For the record, the stimulus bill was an immoral act. If at the end, we can say that we are energy independent, I would say it is worth it, yet not enough is being done in that regard. An no Cap and Trade is not the answer. -
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automan9096 months ago
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Obama overnighted the Stimulis bill without even reading it saying he was in a hurry to pass it.
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It still has not been spent.
What was the rush and why didn't we have time to read it?
Now Cap and Trade will have jobs flying to China so fast your head will spin.
Maybe one of them will be yours.
Employers will be fined 750.00 per employee if they don't provide health insurance.
That's not exactly a job booster either.
You can't blame Bush on those blundering ideas.
Those are all on the Messiah.
I guess that's why you are all called Dumbocrats. -
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NoWayMan6 months ago
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anyone who thought Obama could fix all this in just 5 months is an idiot.
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in two years, if things look the same, if unemployment is above 10%, then you fools will have a legit gripe.
but right now, you just sound stupid if you're complaining about unemployment as if Obama could do anything to change the way it is at this point.
whats happening now is the consepquence of many years of bad decisions, piled on top of each other. it took us 8 long years to dig ourselves into this deep deep hole. its going to take us awhile to get out of it.-
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BB646 months ago
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Hold on. He and the Dems in congress claimed his stimulus package would save our economy. When we asked about why it had to be rammed through, we were told it would stop the job losses at 8%. So that tells me he and his administration has no clue what they're doing. Most are college professors, teachers, or lawyers. Most have never run a business. So what's his next trick? Another stimulus program? Another SNL skit on how Palin isn't qualified? Like he's the "greatest" president. Then again, if it wasn't for Obama, Jimmy Carter would have remained the worst president ever.
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