(07-03-2014 04:18 PM)NIU007 Wrote:  

(07-03-2014 03:40 PM)Owl 69/70/75 Wrote:  

(07-03-2014 03:10 PM)Old Dominion Wrote:  Thank you President Obama for helping push the stock market above 17,000 today based on the strength of a great new jobs report. 288,000 new jobs.
Job well done!!

Care to explain what Obama did? Other than to be president when it happened. Sort of like being president when Seal Team SIX killed Osama bin Laden.

So then, do we blame him when unemployment is bad, but not give credit when it's good?

Why is that necessarily a problem?

(07-03-2014 05:07 PM)pharaoh0 Wrote:  

(07-03-2014 04:18 PM)NIU007 Wrote:  

(07-03-2014 03:40 PM)Owl 69/70/75 Wrote:  

(07-03-2014 03:10 PM)Old Dominion Wrote:  Thank you President Obama for helping push the stock market above 17,000 today based on the strength of a great new jobs report. 288,000 new jobs.
Job well done!!

Care to explain what Obama did? Other than to be president when it happened. Sort of like being president when Seal Team SIX killed Osama bin Laden.

So then, do we blame him when unemployment is bad, but not give credit when it's good? Is the president to blame whenever the economy is bad, because he should have done something to make it good?

I am all about giving him credit when things are good...but they aren't. The unemployment number is going down because (1) people are leaving the workforce and (2) most new jobs are temporary or part-time. Since he came into office, incomes and the number of full-time workers have both strunk.

As to DOW 17K...that has nothing to do with the economy and I wouldn't give any President credit or fault with regard to that. The DOW is increasing based on the FED pumping easy money into the economy and because companies have been able to shed workforce and find cost reductions via mergers.

The crazy stock market...........One tiny whisper of the word INFLATION sends the markets down and fast.........We DO have inflation, as easily as seen by your own wallet or price of groceries, gas, etc.....YOU know we have inflation, EVERYONE knows it.....but the word is barely used these days in the propaganda we are fed.....The year is far from finished with an ominous Jan stock market....plus, our brilliant POTUS still has his Imperial pen and phone and 2 LOOONNNGG, SSLLOOOW, years of time for him to screw America even more.....Short the market and ease the pain of inflicted TRYANNY this regime didn't promise us prior to election-time

(07-03-2014 03:10 PM)Old Dominion Wrote:  Thank you President Obama for helping push the stock market above 17,000 today based on the strength of a great new jobs report. 288,000 new jobs.

Job well done!!

Really? Are you serious????

Quote:Record Number of Americans Not in Labor Force in June

The number of Americans 16 and older who did not participate in the labor force climbed to a record high of 92,120,000 in June, according to data from the Bureau of Labor Statistics (BLS).

This means that there were 92,120,000 Americans 16 and older who not only did not have a job, but did not actively seek one in the last four weeks.

You think any of this is cause for celebration????

Americans give up in record numbers

Here's what happened: We lost 532k FULL-time jobs and gained 800k PART-time jobs. That doesn't seem like a good trade off to me. Our illusory recovery continues.

Link to Zerohedge story on the issue

(07-03-2014 05:32 PM)tigerjaws Wrote:  

(07-03-2014 05:07 PM)pharaoh0 Wrote:  I am all about giving him credit when things are good...but they aren't. The unemployment number is going down because (1) people are leaving the workforce and (2) most new jobs are temporary or part-time. Since he came into office, incomes and the number of full-time workers have both shrunk.

As to DOW 17K...that has nothing to do with the economy and I wouldn't give any President credit or fault with regard to that. The DOW is increasing based on the FED pumping easy money into the economy and because companies have been able to shed workforce and find cost reductions via mergers.

The crazy stock market...........One tiny whisper of the word INFLATION sends the markets down and fast.........We DO have inflation, as easily as seen by your own wallet or price of groceries, gas, etc.....YOU know we have inflation, EVERYONE knows it.....but the word is barely used these days in the propaganda we are fed.....The year is far from finished with an ominous Jan stock market....plus, our brilliant POTUS still has his Imperial pen and phone and 2 LOOONNNGG, SSLLOOOW, years of time for him to screw America even more.....Short the market and ease the pain of inflicted TRYANNY this regime didn't promise us prior to election-time

The problem is that there is no "realized" inflation yet. There's a lot of money on the books, but no one is spending it on goods. Banks are unnecessarily holding onto cash (technically bonds) thanks to the pumping and Dodd-Frank's stupid rules. Companies are buying each other but not any goods. Personally, I've never heard of so many traded companies with so much money on hand (especially abroad). And, the average consumer relying on a savings account is actually losing money due to the inflation actually happening.

But, before anyone turns off that spigot, they had better have a plan in place. Without the FED pumping, there'll be hyperinflation. I don't mean to sound like those gold commercials, but people really should get out of dollars and into more tangible assets (metals, property, etc.) before it all falls apart.

(07-03-2014 06:43 PM)pharaoh0 Wrote:  

(07-03-2014 05:32 PM)tigerjaws Wrote:  

(07-03-2014 05:07 PM)pharaoh0 Wrote:  I am all about giving him credit when things are good...but they aren't. The unemployment number is going down because (1) people are leaving the workforce and (2) most new jobs are temporary or part-time. Since he came into office, incomes and the number of full-time workers have both shrunk.

As to DOW 17K...that has nothing to do with the economy and I wouldn't give any President credit or fault with regard to that. The DOW is increasing based on the FED pumping easy money into the economy and because companies have been able to shed workforce and find cost reductions via mergers.

The crazy stock market...........One tiny whisper of the word INFLATION sends the markets down and fast.........We DO have inflation, as easily as seen by your own wallet or price of groceries, gas, etc.....YOU know we have inflation, EVERYONE knows it.....but the word is barely used these days in the propaganda we are fed.....The year is far from finished with an ominous Jan stock market....plus, our brilliant POTUS still has his Imperial pen and phone and 2 LOOONNNGG, SSLLOOOW, years of time for him to screw America even more.....Short the market and ease the pain of inflicted TRYANNY this regime didn't promise us prior to election-time

The problem is that there is no "realized" inflation yet. There's a lot of money on the books, but no one is spending it on goods. Banks are unnecessarily holding onto cash (technically bonds) thanks to the pumping and Dodd-Frank's stupid rules. Companies are buying each other but not any goods. Personally, I've never heard of so many traded companies with so much money on hand (especially abroad). And, the average consumer relying on a savings account is actually losing money due to the inflation actually happening.

But, before anyone turns off that spigot, they had better have a plan in place. Without the FED pumping, there'll be hyperinflation. I don't mean to sound like those gold commercials, but people really should get out of dollars and into more tangible assets (metals, property, etc.) before it all falls apart.

Some banks would like to lend but small and medium sized businesses are not borrowing to expand because they still aren't sure of all the implications of Obamacare.

Great news!!!

(07-03-2014 04:18 PM)NIU007 Wrote:  

(07-03-2014 03:40 PM)Owl 69/70/75 Wrote:  

(07-03-2014 03:10 PM)Old Dominion Wrote:  Thank you President Obama for helping push the stock market above 17,000 today based on the strength of a great new jobs report. 288,000 new jobs.
Job well done!!

Care to explain what Obama did? Other than to be president when it happened. Sort of like being president when Seal Team SIX killed Osama bin Laden.

So then, do we blame him when unemployment is bad, but not give credit when it's good? Is the president to blame whenever the economy is bad, because he should have done something to make it good?

No, we don't blame him when things are bad, unless he did something to cause them to be bad. And we don't give him credit when things are good, unless he did something to cause them to be good.

So what has he done to cause things to be good? For that matter what has happened that is good, regardless of whether he caused it or not?

(07-05-2014 07:49 AM)Owl 69/70/75 Wrote:  

(07-03-2014 04:18 PM)NIU007 Wrote:  

(07-03-2014 03:40 PM)Owl 69/70/75 Wrote:  

(07-03-2014 03:10 PM)Old Dominion Wrote:  Thank you President Obama for helping push the stock market above 17,000 today based on the strength of a great new jobs report. 288,000 new jobs.
Job well done!!

Care to explain what Obama did? Other than to be president when it happened. Sort of like being president when Seal Team SIX killed Osama bin Laden.

So then, do we blame him when unemployment is bad, but not give credit when it's good? Is the president to blame whenever the economy is bad, because he should have done something to make it good?

No, we don't blame him when things are bad, unless he did something to cause them to be bad. And we don't give him credit when things are good, unless he did something to cause them to be good.

So what has he done to cause things to be good? For that matter what has happened that is good, regardless of whether he caused it or not?

We're not in Iraq anymore. And the stock market is up. And Bin Laden is dead. But when you say "we don't blame him when things were bad, unless he did something to cause them to be bad" I definitely disagree with that. Maybe not you, but some on here would blame him for pretty much anything.

But what has Obamas done to cause the markets to rise? Is Obama a Seal team member? Didn't he just follow Bush's war plan for Iraq?

(07-03-2014 06:40 PM)Jugnaut Wrote:  Here's what happened: We lost 532k FULL-time jobs and gained 800k PART-time jobs. That doesn't seem like a good trade off to me. Our illusory recovery continues.

Link to Zerohedge story on the issue

This

My take on that...Big business continues to take advantage of the Obamacare dust up to eliminate FT jobs, something they want to do anyhow. Now they have cover. The reduction was gonna happen regardless of who is in office.

(07-05-2014 10:16 AM)Old Dominion Wrote:  My take on that...Big business continues to take advantage of the Obamacare dust up to eliminate FT jobs, something they want to do anyhow. Now they have cover. The reduction was gonna happen regardless of who is in office.

Let's see if I can follow your logic:

Businesses have always been able to cut full time jobs, but because Obamcare forces them to do so or pay a tremendous more money for those employees, businesses ALWAYS wanted to cut those jobs.

Please just admit abject failure when it occurs. This is THE RESULT OF OBAMACARE. This has nothing to do with businesses.

I swear, some of you mindless fluffers just make stuff up and rewrite history. Just like the Hobby Lobby case; "Hobby Lobby may offer 16 contraceptives now, but how long will they continue to do that?" Uh, sh*t for brains, they were offering contraceptive longs before OBlunder dreamed up that ****** law.

So let's get this right. Companies largely have been doing very well by their employees. Its only when when the liberals charge in and FORCE UNDUE MONETARY PENALTIES ON HAVING FULL TIME EMPLOYEES that they have to take action. And they are not taking action to take a dump on the employees, but to protect their entire workforce from having to be laid off.

These workers can thank OBAMA for being reduced to part time employees. It has nothing to do with the companies. It has nothing to do with big business. This is squarely on Obama. Thank him.

(07-05-2014 10:24 AM)UofMstateU Wrote:  

(07-05-2014 10:16 AM)Old Dominion Wrote:  My take on that...Big business continues to take advantage of the Obamacare dust up to eliminate FT jobs, something they want to do anyhow. Now they have cover. The reduction was gonna happen regardless of who is in office.

Let's see if I can follow your logic:

Businesses have always been able to cut full time jobs, but because Obamcare forces them to do so or pay a tremendous more money for those employees, businesses ALWAYS wanted to cut those jobs.

Please just admit abject failure when it occurs. This is THE RESULT OF OBAMACARE. This has nothing to do with businesses.

I swear, some of you mindless fluffers just make stuff up and rewrite history. Just like the Hobby Lobby case; "Hobby Lobby may offer 16 contraceptives now, but how long will they continue to do that?" Uh, sh*t for brains, they were offering contraceptive longs before OBlunder dreamed up that ****** law.

So let's get this right. Companies largely have been doing very well by their employees. Its only when when the liberals charge in and FORCE UNDUE MONETARY PENALTIES ON HAVING FULL TIME EMPLOYEES that they have to take action. And they are not taking action to take a dump on the employees, but to protect their entire workforce from having to be laid off.

These workers can thank OBAMA for being reduced to part time employees. It has nothing to do with the companies. It has nothing to do with big business. This is squarely on Obama. Thank him.

A very dubious assertion at best (and I'm being generous). Companies have been shipping jobs overseas and cutting FT positions for years now, and there has been plenty of negative fallout. Obamacare just makes it easier for them to do what they've been doing for some time now.

(07-05-2014 10:31 AM)Old Dominion Wrote:  

(07-05-2014 10:24 AM)UofMstateU Wrote:  

(07-05-2014 10:16 AM)Old Dominion Wrote:  My take on that...Big business continues to take advantage of the Obamacare dust up to eliminate FT jobs, something they want to do anyhow. Now they have cover. The reduction was gonna happen regardless of who is in office.

Let's see if I can follow your logic:

Businesses have always been able to cut full time jobs, but because Obamcare forces them to do so or pay a tremendous more money for those employees, businesses ALWAYS wanted to cut those jobs.

Please just admit abject failure when it occurs. This is THE RESULT OF OBAMACARE. This has nothing to do with businesses.

I swear, some of you mindless fluffers just make stuff up and rewrite history. Just like the Hobby Lobby case; "Hobby Lobby may offer 16 contraceptives now, but how long will they continue to do that?" Uh, sh*t for brains, they were offering contraceptive longs before OBlunder dreamed up that ****** law.

So let's get this right. Companies largely have been doing very well by their employees. Its only when when the liberals charge in and FORCE UNDUE MONETARY PENALTIES ON HAVING FULL TIME EMPLOYEES that they have to take action. And they are not taking action to take a dump on the employees, but to protect their entire workforce from having to be laid off.

These workers can thank OBAMA for being reduced to part time employees. It has nothing to do with the companies. It has nothing to do with big business. This is squarely on Obama. Thank him.

A very dubious assertion at best (and I'm being generous). Companies have been shipping jobs overseas and cutting FT positions for years now, and there has been plenty of negative fallout. Obamacare just makes it easier for them to do what they've been doing for some time now.

Don't say companies, government itself is outsourcing overseas. The great city of San Francisco outsourced a big bridge project so that they wouldn't have to pay those minimum union wages that they dictated.

Obamacare does not make anything easier. Obamacare is the reason those jobs are going part time.

Gone are the days where restaurants, grocery stores, etc. could hire a fleet of full time workers. Obama made those jobs so much more expensive that they are all going to part time jobs. If you ran a business, instead of simply repeating fluff, you'd get that. Many of these jobs pay well too, and you could support a family working them. But you cant when you get limited by the hours you can work, all thanks to Obamas stupidity.

Companies do not want MORE workers who work LESS hours. That costs more money. But it costs less money to do that than to have to pay for them under Obamas stupid law. Again, if you actually ran a business, you would understand this.

(07-03-2014 03:15 PM)Niner National Wrote:  I don't give credit to politicians for things like this.

People are sure quick to blame when the opposite happens, though.

(07-05-2014 10:31 AM)Old Dominion Wrote:  A very dubious assertion at best (and I'm being generous). Companies have been shipping jobs overseas and cutting FT positions for years now, and there has been plenty of negative fallout. Obamacare just makes it easier for them to do what they've been doing for some time now.

"Obamacare just makes it easier" is not exactly logically consistent with "A very dubious assertion at best."

Bottom line--companies have been moving overseas to escape US tax and regulatory procedures, as well as labor costs. The labor cost is not as big a factor as some claim--primarily because unskilled labor can't do skilled jobs (as many people are finding out in China and third world countries) and the unskilled jobs that seek cheap labor aren't jobs that would support a middle class if they were not here.

Businesses are going to locate where they can be most profitable. That is the logical and reasonable choice for them to make. That place used to be in the US (1950s-1960s). It's not any more. If we want business to come back, we need to make the US be that place again. If we don't want to make the US that place, then get used to Argentina and get ready for Zimbabwe.

(07-03-2014 03:46 PM)SumOfAllFears Wrote:  The Federal Reserve is continuing to effectively print $85 billion per month. Where do you think that money is going? Not Middle Class America.

Liberals, Progressives, Democrat Party, Obama friends and relatives.

(07-05-2014 10:16 AM)Old Dominion Wrote:  My take on that...Big business continues to take advantage of the Obamacare dust up to eliminate FT jobs, something they want to do anyhow. Now they have cover. The reduction was gonna happen regardless of who is in office.

You mean businesses need Obama Care to lay people off and move others to part time..

WHat color is the sky in your worold..

(07-05-2014 02:25 PM)Bull_In_Exile Wrote:  

(07-05-2014 10:16 AM)Old Dominion Wrote:  My take on that...Big business continues to take advantage of the Obamacare dust up to eliminate FT jobs, something they want to do anyhow. Now they have cover. The reduction was gonna happen regardless of who is in office.

You mean businesses need Obama Care to lay people off and move others to part time..

WHat color is the sky in your worold..

Of course they don't NEED Obamacare, it just gives them cover, by original premise. Is that hard to see?