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Unemployment Rate Hits The Lowest Level Since 1969 Does Obama Still want Credit?

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posted on Oct, 6 2018 @ 10:28 AM
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a reply to: jacobe001

I blame everyone who allows it to continue.




posted on Oct, 6 2018 @ 10:32 AM
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Well. I'm honestly impressed that someone actually formulate a decent argument with some actual data and not just parroting a narrative.



posted on Oct, 6 2018 @ 10:32 AM
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originally posted by: Gothmog

originally posted by: CriticalStinker

originally posted by: Wardaddy454

originally posted by: CriticalStinker

originally posted by: notsure1

originally posted by: Tompdx3
a reply to: notsure1

Yeah, he is killing something alright. But it is nothing good however you wish to spin it in your head!



This is called "denial"


Or just the partisan circle jerk.

Trump supporters say the economy is great because of him. The left says this is all coming in from the end of Obama's reign.

Aside from the stock market, the economy isn't that great. Considering nothing fixed what happened in 08', it surely could happen again, and many say it may be worse.

If you look at average Americans, their pay isn't increasing, and debt continues to mount on them and the country.


What happened in 08' was a lack of oversight and regulation, resulting in a party buying votes with mortgages.


And it will happen again because nothing was done.

For one , the Federal government stepped in and basically took control of Fannie Mae and Freddie Mac .


It will happen again because the criminals in the finance sector were never punished and are still infesting DC.
Nothing has changed since 2008.



posted on Oct, 6 2018 @ 10:46 AM
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originally posted by: jacobe001

originally posted by: OccamsRazor04

originally posted by: CriticalStinker
a reply to: shawmanfromny

Even if Obama/Trump take credit, it's not really that great of a metric in context.

The numbers are so low because the middle class hasn't seen wage increases that match inflation.

Many people who should be retired are going back to work to make ends meet, and many people have two or more jobs.

The US has seen steady growth, and increase in productivity, yet the middle class is shrinking every year, surpassed by Canada for the first time a year or two ago.

Hard to have wages increase when you keep bringing in illegals to depress wage growth.


Blame the cheap labor express and shareholders first crowd.
The chamber of commerce lobby politicians to keep the gates open for them.


Or blame consumers who are forever looking for the lowest price. Everyone is complicit.



posted on Oct, 6 2018 @ 10:50 AM
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originally posted by: pexx421
a reply to: network dude
Right to free speech. Check Julian Assange, Bradley Manning, any whistleblowers the govt goes after.

how do you know about them or what they said? They were able to get their message out. They did so, knowing what the repercussions were for their actions. So they knew they were breaking the law, but felt it was necessary for their message to be heard. The laws the limit what they did have been on the books for a long time. If you feel that's wrong, prove it.


The right to assemble and seek redress from govt. protesters are regularly arrested, beaten and brutalized.

Peaceful protesters are not. Even some of the violent ones have been allowed to continue. (see Antifa)


The right to due process. People are now regularly held without representation or due process.

I'd say call the ACLU, but unless you are a democrat, they don't give a # about you.


The right to freedom from illegal search and seizure. The police can now pull you over and confiscate any large sums of money you possess with no due process. The can also come into your home without warning, or even without a judge written warrant.

LOL, keep trying to limit CONSTITUTIONAL lawyers from the Supreme Court and see where that gets you. As long as we keep that document in the forefront where it belongs, we can keep that scenario from happening. If you see vocations, call a real lawyer. Make a case. Crying here doesn't seem to make a whole lot of difference.



The right to freedom from intrusion in your life, papers and affects. The police and govt can now go through all your things with no warrant from a judge, with no real probable cause.

Basically all the bill of rights.



Liberals have adopted the BAMN attitude. We need to stamp that out quickly, before it's allowed to fester and take hold of any more low information Americans. The founding fathers words need to be followed and adhered to. I'm glad you seem to take notice of all this, but be sure you understand where the opposition is.



posted on Oct, 6 2018 @ 10:57 AM
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a reply to: network dude
The patriot act got rid of most of the bill of rights and is a violation of our constitution. But our govt violates the constitution daily. Complaining on here and other places is the way to educate people, most of whom have failed to see the significance. There is nothing “to do” until everyone, or at least a large majority are on the same page. Which they will be as the economy, freedoms, and income disparity force a collapse. Then it will be time for organized civil disobedience. The longer it takes, the harder it will be to accomplish.



posted on Oct, 6 2018 @ 11:05 AM
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originally posted by: Edumakated

originally posted by: jacobe001

originally posted by: OccamsRazor04

originally posted by: CriticalStinker
a reply to: shawmanfromny

Even if Obama/Trump take credit, it's not really that great of a metric in context.

The numbers are so low because the middle class hasn't seen wage increases that match inflation.

Many people who should be retired are going back to work to make ends meet, and many people have two or more jobs.

The US has seen steady growth, and increase in productivity, yet the middle class is shrinking every year, surpassed by Canada for the first time a year or two ago.

Hard to have wages increase when you keep bringing in illegals to depress wage growth.


Blame the cheap labor express and shareholders first crowd.
The chamber of commerce lobby politicians to keep the gates open for them.


Or blame consumers who are forever looking for the lowest price. Everyone is complicit.


No, the major beneficiaries are the finance sector and upper management.
It cost 200 dollars including labor to make an iphone and yet they gouge the consumer for 800 dollars. This gets repeated on millions of items. The consumer did not lobby politicians for trade pacts with slave nations but the cheap labor express did.



posted on Oct, 6 2018 @ 11:11 AM
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originally posted by: jacobe001

originally posted by: Edumakated

originally posted by: jacobe001

originally posted by: OccamsRazor04

originally posted by: CriticalStinker
a reply to: shawmanfromny

Even if Obama/Trump take credit, it's not really that great of a metric in context.

The numbers are so low because the middle class hasn't seen wage increases that match inflation.

Many people who should be retired are going back to work to make ends meet, and many people have two or more jobs.

The US has seen steady growth, and increase in productivity, yet the middle class is shrinking every year, surpassed by Canada for the first time a year or two ago.

Hard to have wages increase when you keep bringing in illegals to depress wage growth.


Blame the cheap labor express and shareholders first crowd.
The chamber of commerce lobby politicians to keep the gates open for them.


Or blame consumers who are forever looking for the lowest price. Everyone is complicit.


No, the major beneficiaries are the finance sector and upper management.
It cost 200 dollars including labor to make an iphone and yet they gouge the consumer for 800 dollars. This gets repeated on millions of items. The consumer did not lobby politicians for trade pacts with slave nations but the cheap labor express did.


Prices are set by demand... There are plenty of cheap iphone alternatives. If you want an iphone, you pay what Apple charges. If you don't think it is worth it, there are plenty of cheap flip phones / burners to choose from. If Apple is charging too much, then people will stop buying it and they will lose money or go out of business. Econ 101.

Competition and greed by consumers and companies keep prices low.



posted on Oct, 6 2018 @ 11:14 AM
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originally posted by: network dude



LOL, keep trying to limit CONSTITUTIONAL lawyers from the Supreme Court and see where that gets you. As long as we keep that document in the forefront where it belongs, we can keep that scenario from happening. If you see vocations, call a real lawyer. Make a case. Crying here doesn't seem to make a whole lot of difference.


POLICE STATE: Judge Andrew Napolitano: Brett Kavanaugh and the Patriot Act

The documents show that Kavanaugh assisted in the effort to pass the Patriot Act and drafted a statement that President Bush incorporated in the bill signing. Kavanaugh wrote that the PATRIOT Act will “update laws authorizing government surveillance,” which he claimed, and President Bush then restated, were from an era of “rotary phones.” In fact, the PATRIOT Act weakened numerous U.S. privacy laws"

The way I see it, there is no 'deep state'.

All the stuff we see IS THE STATE.

There may be some local areas that aren't fully taken over but when it comes to national level,
it is all the same and fully controlled.
No matter who they have up there as 'president', it's the same bs distractions every time


edit on 6-10-2018 by jacobe001 because: (no reason given)



posted on Oct, 6 2018 @ 11:26 AM
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originally posted by: Edumakated

originally posted by: jacobe001

originally posted by: Edumakated

originally posted by: jacobe001

originally posted by: OccamsRazor04

originally posted by: CriticalStinker
a reply to: shawmanfromny

Even if Obama/Trump take credit, it's not really that great of a metric in context.

The numbers are so low because the middle class hasn't seen wage increases that match inflation.

Many people who should be retired are going back to work to make ends meet, and many people have two or more jobs.

The US has seen steady growth, and increase in productivity, yet the middle class is shrinking every year, surpassed by Canada for the first time a year or two ago.

Hard to have wages increase when you keep bringing in illegals to depress wage growth.


Blame the cheap labor express and shareholders first crowd.
The chamber of commerce lobby politicians to keep the gates open for them.


Or blame consumers who are forever looking for the lowest price. Everyone is complicit.


No, the major beneficiaries are the finance sector and upper management.
It cost 200 dollars including labor to make an iphone and yet they gouge the consumer for 800 dollars. This gets repeated on millions of items. The consumer did not lobby politicians for trade pacts with slave nations but the cheap labor express did.


Prices are set by demand... There are plenty of cheap iphone alternatives. If you want an iphone, you pay what Apple charges. If you don't think it is worth it, there are plenty of cheap flip phones / burners to choose from. If Apple is charging too much, then people will stop buying it and they will lose money or go out of business. Econ 101.

Competition and greed by consumers and companies keep prices low.


Read my signature.
we need to throw the corporate and banking lobbyists that own both parties out of DC.



posted on Oct, 6 2018 @ 05:22 PM
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originally posted by: pexx421
a reply to: Wardaddy454
Allow me to name it, if you will. He’s killing Syrians. He’s killing Yemenis. He’s killing the US dollar as the world reserve currency. He’s killing the us status as hegemon by forcing Brics, the sco, and other conglomerates to form faster as a protection from American imperialism. He’s killing the us reputation abroad. He’s killing trade. But I’m all for the last 4 because what’s bad for the us is often good for the rest of the world.

He’s also killing the Great Lakes. He’s killing education. I could go on.

Oh, and we all know, for a fact, that an even bigger bust than 08 will be coming soon, I predict within the next 5 years, because the BANKS WERE NEVER REGULATED TO PREVENT THEIR FINANCIAL SHENANIGANS. Their rapid recent deregulation is only accelerating the process.


He's killing Syrians and Yemenis? Just a t random? Or those affiliated with ISIS or other similar groups.
He's killing the Dollar, even though Mexico, Canada, EU, and China have all caved?
He's killing the hegemony? I thought we all didn't like that anymore?
The US reputation abroad was already dead thanks to the last guy.
An Australian steelmaker is mulling a $700 million investment in the US. Trade is not dead, nor being killed.

Look to the more local governments as to why the Great Lakes are in that way. Education has been dead for the last 30 years. Where you been?

Trumps first job was to come in and fix the economy and immigration. Its up to congress to work on making sure 08' doesn't happen again.



posted on Oct, 6 2018 @ 05:51 PM
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a reply to: notsure1

I thought that was a river in Africa. But yeah Trump is doing ok no Matter wht bulldoodoo that the media says .
Why because he is not a lawyer but a businessman. And I am going to say it and please forgive my language but sometimes you need an asshole to get # done and in this case that would be trump.



posted on Oct, 6 2018 @ 08:23 PM
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originally posted by: pexx421
And I mean this. You are all literally losing your country while clinging to repub or dem, Obama or bush or trump, meanwhile all your rights are being taken away, and your right to the wealth that you earn. Unless we all come together to unequivocally reject both parties and all they truly stand for, we will all be serfs in an autocratic corporatocracy, living off their scraps, trying to get by in a polluted poisonous world, where the cops or military can come into your home, any time, help themselves to all your things, and kill your dog. This is what both parties are working towards. And it’s not far off.

And it only gets ever harder to do anything about it as time goes on.


well said.



posted on Oct, 6 2018 @ 09:48 PM
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a reply to: Wardaddy454
Really, wardaddy? You obviously don’t pay much attention to our wars. The Syrians we’re killing are the ones fighting isis, and their affiliated groups nusra, queda etc. we are the ones keeping Syria and Russia from wiping out the very people we blamed for 9/11 in idlib. Get that? We are protecting al queda, who was the whole excuse for our wars in Iraq and Afghanistan. And Yemen? None of them are isis or other terror group affiliated. They rebelled against their Saudi puppet president who was selling their country out. But while we liked the isis and al queda rebels in Syria, we dislike the ones in Yemen, so we arm and provide support to Saudi and uae’s illegal war in Yemen. Where we’ve now contributed to the worlds greatest humanitarian disaster where it’s now estimated 4 million people may starve to death. Don’t even see it in the news.

He’s killing the dollar because he’s killed the petro dollar by accelerating other nations trade for oil and other stuff in their own currencies. Other nations are now banning together to replace swift, so us agencies won’t have control or global transactions anymore.

And when we send materials out of the country to be assembled, and then mailed back and sold here, that’s actually not trade. It’s all done within company, and is just a way for corporations to save on labor (and drive us wages down more) and make more profit. And foreign investors in the us is not trade either. Trade is exchange of goods between countries.


edit on 6-10-2018 by pexx421 because: (no reason given)



posted on Oct, 7 2018 @ 07:04 AM
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a reply to: shawmanfromny

Unemployment is at the lowest level, yet I see the most homeless people I have seen on the streets since the 80's.. go figure.



posted on Oct, 7 2018 @ 07:02 PM
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originally posted by: nOraKat
a reply to: shawmanfromny

Unemployment is at the lowest level, yet I see the most homeless people I have seen on the streets since the 80's.. go figure.

They've given up on looking for a job after trying for so long, so they're no longer considered unemployed.

The retail apocalypse still continues and online sales do not make up for the loss of retail stores and empty dying malls. People have been living on credit, but their cards are now maxed out.

Rising fed rates and rising oil prices will pose a threat to the economy.
edit on 7-10-2018 by Xenogears because: (no reason given)



posted on Oct, 8 2018 @ 11:39 AM
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Don't be fooled by unemployment numbers. They can be gamed and are. None other than Trump himself pointed this out during the 2016 debates. The real numbers are always much higher than the official ones. Why, for example? Because unemployment rates do not include those who have given up on seeking a job. Neither does it include those who are seriously underemployed or work only part time. And for the jobs that do exist, a great percentage do not pay a living wage. Look around you and the truth is revealed.



posted on Oct, 9 2018 @ 07:28 AM
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originally posted by: DBCowboy
Does it matter who gets credit?

The economy is booming under Trump. Regardless who started it.


Lets just keep it up!

Better trade deals, lower taxes, higher wages, more job opportunities.

More people working means less people reliant on government.


I think we can all agree that this is a good thing.


You forgot more Debt & higher deficit in your list. Then again, that only counts when a democrat is in office. My mistake.



posted on Oct, 9 2018 @ 05:33 PM
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originally posted by: DoubleDNH

originally posted by: DBCowboy
Does it matter who gets credit?

The economy is booming under Trump. Regardless who started it.


Lets just keep it up!

Better trade deals, lower taxes, higher wages, more job opportunities.

More people working means less people reliant on government.


I think we can all agree that this is a good thing.


You forgot more Debt & higher deficit in your list. Then again, that only counts when a democrat is in office. My mistake.


The idea was that economic growth would more than compensate. But significant economic growth, of the real economy, is significant growth in energy consumption.

The world's fossil fuel energy, plenty remains, but the ability to produce at ever increasing rates is nearing an end. Renewables and alternatives are not yet ready to make up for an inability to grow fossil fuel production. Remember it is not just continued production, or sustained production, but producing ever more ever faster, if you can't you will lose the red queen race. In an economy based on debt, on interest, without growth to pay said debt, said interest, the whole system is threatened.


edit on 9-10-2018 by Xenogears because: (no reason given)

edit on 9-10-2018 by Xenogears because: (no reason given)



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