Anaemic Jobs Data Hit Obama Launch

reply to post by beezzer


Does this correlate to the record number of illegal immigrants?

Originally posted by neo96

t is just getting sad now. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 88,419,000. This is the highest on record. The flip side, and the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%.

www.zerohedge.com...

88 million people!!!

Seriously what the hell.

I concur Obama is joke.

The current equation used by the Labor Department works during periods of growth or

recession. During a period of stagnation that equation is not valid.

The 8.1% number is meaningless.

The true unemployment number is around 11%.

According to US government statistics, if the same number of people were seeking

work today as in 2007, the unemployment rate would be 11%.

reply to post by Eurisko2012




Never been one to look at percentages always looked at the real numbers

percentages have indeed always been meaningless.

Originally posted by neo96
reply to post by Eurisko2012

 

Never been one to look at percentages always looked at the real numbers

percentages have indeed always been meaningless.

The biggest percentage i have my eye on is the Gross Debt to GDP ratio.

It's currently 100%.

We need to get that back down to 50%.

A good target: USA GDP $25 Trillion / National Debt $12 Trillion

With a capitalist in the White House, we can get there from here.

Originally posted by sonnny1

Hate RT News,but Peter Schiff knows whats up.

We are not as bad as Greece.

Greece is plagued by an overwhelming number of socialists who insist on punishing

success.

Our economy is still the envy of the world.

reply to post by onequestion


Actually, the number of illegals is dropping.

Our economy stinks so badly that they have it better in Mexico.

Originally posted by Eurisko2012

The first chart is very telling.

It shows businesses understood Obama and what he was all about even before he was sworn in.

They (businesses) started letting people go and gathering their assets long before now. They knew. We knew. But back then, no-one listened or just called us racists.

Get a president in office who is business friendly and you'll see money being freed up.

That 88 million works out to if they paid $1000 in income tax revenue works out to 88 billion dollars a year plus the tax revenue for what everyone else is paying for.

That is a lot of money

reply to post by beezzer


A business friendly president would also enact another tax - repatriation holiday for

US corporations. That would bring $$$ billions back to the USA.

---------

In 2004 President George W. Bush enacted a tax - repatriation holiday.

That brought $312 billion in foreign held funds back to the USA.

reply to post by Eurisko2012


Dont know about that. If Obama keeps going,we wont be far behind them.

Originally posted by beezzer
reply to post by Eurisko2012

 

A record in disabiliy claims
A record of people on food stamps.
A record in our credit rating downgrade.

This is Obamas legacy.

Unfortunately, his legacy will be "First Black President" and not much else. Historians will leave out the negative stuff.

reply to post by AwakeinNM


Too bad it wasn't Condi Rice.
*sigh*

Originally posted by beezzer
reply to post by AwakeinNM

 

Too bad it wasn't Condi Rice.
*sigh*

The liberals are acting like fools.

Reuters has been reduced to stacking polls with democrats.

Why even do the poll?

It makes them look like desperate fools.

47% Democrats

38% Republicans

15% Independents

It's on the Daily Caller.com.