Thread: American Politics during the Obama Presidency
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10-12-14 12:02 #5847
Posts: 247Deficit reduced
That communist muslim is still hell bent on ruining the country. The Congressional Budget Office announced this week that last year saw the deficit drop nearly one-third. This was the fifth year in a row of a falling deficit and it's now at a level lower than the average for the past 40 years.
Is Sean Hannity still screaming about Obamas out of control spending? I don't watch his show so perhaps one of Fox News' regular viewers could enlighten us.
http://profit.ndtv.com/news/economy/...-report-676727
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10-09-14 11:30 #5846
Posts: 3510Originally Posted by Dccpa [View Original Post]
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10-09-14 11:27 #5845
Posts: 3510Originally Posted by ElAlamoPalermo [View Original Post]
And I am independent in the same sense that Punter is independent, only opposite!
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10-09-14 10:37 #5844
Posts: 192"Your characterization of all these people hurting because their unemployment benefits ran out, is beyond simplistic. " My statements are based upon daily interactions with businesses and their employees. I guess only having facts instead of ivory tower theories puts me at a disadvantage. Please inform my clients that gave up looking for work that they voluntarily retired. They will feel so much better about themselves. For those under 62, they don't have a job or social security. With nothing but time and nothing to lose, the new game is to do whatever it takes to qualify for disability. That subject is worthy of its own post. Here is an article that shows how much disability claims are increasing. But hey, at least they aren't unemployed anymore.
http://www.zerohedge.com/news/2013-0...ulation-greece
And going back to the topic of fraudulent government employment data:
http://nypost.com/2014/10/06/denver-...tion-to-light/
Her claims are only regarding falsification of data within the DOL. Data sent to the DOL is false. So, you have false data that is further manipulated by the US Government.
If Republicans take the Senate, it will be stalemate. Since I don't trust either party, I really like the idea of stalemate.
Originally Posted by Esten [View Original Post]
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10-09-14 05:03 #5843
Posts: 94http://www.washingtonpost.com/politi...y.html?hpid=z1
Breaking scandalous news just published in the Washington Post today; apparently a White House staffer (political appointee, son of a Obama campaign donor) brought a prostitute to his room at the Hilton in Cartagena and the White House engaged in a significant coverup (including putting three investigators on administrative leave, forcing IG office to soften findings of investigation) to prevent the scandal from influencing the November 2012 presidential election.
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10-06-14 02:00 #5842
Posts: 1017The coming elections.
http://www.nytimes.com/2014/10/06/up...abt=0002&abg=1
Can the Democrats manage to hang on to the Senate? Probably, but as you know, anything can happen. But what is amazing is that AP is so quiet on this subject that there might as well be no elections. And oh yes, I need to keep my big mouth shut. Nothing to haunt me next month just in case the GOP win the lottery. I would be toast, then. But I promise not to crow if & when the Democrats retain the Senate. And the witch-hunt is averted.
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10-05-14 15:39 #5841
Posts: 1740Number of 'discouraged workers' dropping too
Dccpa, the LFPR can decline simply because people retire, or go (back) to college, or any other number of reasons why a person able to work does not. So the LFPR is not inherently a bad thing. The retiring baby boomer population is in fact a primary reason for the declining LFPR over the past decade, especially the last five years. Your characterization of all these people hurting because their unemployment benefits ran out, is beyond simplistic. I knew your response would be weak, but never expected it to be so ridiculous.
Usually, the right wing LFPR argument is that large numbers of people are giving up looking for jobs because of a poor economy. However, not even that argument passes muster anymore. The number of so-called 'discouraged workers' has dropped steadily since 2010 (in parallel with the dropping unemployment rate). Just last month, the number of discouraged workers shrank to 698,000 from 775,000 the prior month.
Drop in U.S. Labor Force Hard to Pin on Discouraged Workers
http://www.bloomberg.com/news/2014-1...d-workers.html
Here's another interesting statistic: 2014 is on track for the strongest year of job creation since 1999. Imagine that, a year stronger than any year under the great, failed experiment of Bush's laissez-faire free market capitalism. And the strongest year is the year the Affordable Care Act was rolled out.
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10-04-14 16:42 #5840
Posts: 1017Still firing shots wildly as you scamper away!
Originally Posted by Punter127 [View Original Post]
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10-04-14 14:38 #5839
Posts: 192Originally Posted by Esten [View Original Post]
Esten, if you don't understand why a decline in the LFPR (ie. Less people employed) is a bad thing, explaining it will not do any good. But I will make one attempt. These people are no longer working, but their unemployment benefits have run out and the government has stopped counting them as unemployed. A majority of families need two incomes to maintain their current lifestyles. Now take away one of the two jobs and tell me that isn't a bad thing for them. With extremely few exceptions, most of the people I know work because they have to. Take away their jobs and tell me it isn't a bad thing. Those people didn't retire, they lost their jobs and have given up finding new ones. But hey, their lack of work isn't a bad thing.
Two branches of the Federal Reserve have issued reports stating that Obamacare is hurting the US economy. Get to spinning Esten.
http://www.sovereignman.com/trends/f...economy-15116/
It takes about 190,000 jobs each month for the high & college graduates entering the market.
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10-04-14 11:34 #5838
Posts: 1196Now you guys are a tag team? Birds of a feather and all that.
Originally Posted by RcCollins [View Original Post]
OK OK you got me, you're right I've been "exposed," now everybody knows I'm an independent voter.
ROFLMAO.
An independent voter, often called an unaffiliated voter in the United States, is a voter who does not align him or herself with a political party. An independent is variously defined as a voter who votes for candidates and issues rather than on the basis of a political ideology or partisanship; a voter who does not have long-standing loyalty to, or identification with, a political party; a voter who does not usually vote for the same political party from election to election; or a voter who self-describes as an independent.
http://en.wikipedia.org/wiki/Independent_(voter).
"I didn't leave the Democratic party, the Democratic Party left me. ".
Time to get back to the issues now, we're a bit off topic.
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10-04-14 07:18 #5837
Posts: 54Originally Posted by Punter127 [View Original Post]
Originally Posted by Punter127 [View Original Post]
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10-04-14 04:30 #5836
Posts: 1017You should be on the Tonight show!
Originally Posted by Punter127 [View Original Post]
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10-04-14 03:28 #5835
Posts: 1196Originally Posted by RcCollins [View Original Post]
Originally Posted by RcCollins [View Original Post]
Originally Posted by RcCollins [View Original Post]
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10-04-14 00:54 #5834
Posts: 1740Hiring rebounds in September; unemployment rate falls to 5.9 percent
248,000 jobs created in September, and a 69,000 jobs upward revision for July and August. As a chief economist at RBC Global Asset Management said today, "This is a very muscular report. Its showing powerful job creation, no matter how one cares to slice it.". Once again, more evidence that Republicans lied to the American people when they said the Affordable Care Act would be a big jobs killer.
Does Obama get the credit? Partly. But most of it is simply because we have a fundamentally private-sector driven capitalist economy. The structure of the U.S. economy hasn't changed significantly because of anything Obama did.
Wet blanket Republicans will continue trying to make things sound bad anyway they can, like Dccpa posting about the LFPR. I wonder if he can explain why the decline in LFPR is a bad thing (which he seems to imply), and what the underlying causes are.
This is an excellent jobs report, and a milestone to have brought the unemployment rate back into the 5's. All Americans should see this as a good thing.
http://www.washingtonpost.com/blogs/...o-5-9-percent/
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10-03-14 16:02 #5833
Posts: 192The one statistic Esten can't spin.
http://www.zerohedge.com/news/2014-1...s-not-labor-fo
Obama has taken forward to the past.
"the collapse in the labor force participation rate, which in September slid from an already three decade low 62.8% to 62.7% - the lowest in over 36 years, matching the February 1978 lows. And while according to the Household Survey, 232,000 people found jobs, what is more disturbing is that the people not in the labor force, rose to a new record high, increasing by 315,000 to 92.6 million!
http://www.zerohedge.com/sites/defau...t%202014_0.jpg
The labor force participation rate, peaked. Notice that about 70-80% of the decline in the labor force participation rate has happened under BO's Presidency.
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