Max Power
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 08:37 AM)BlazerFan11 Wrote: (04-05-2012 08:11 AM)DrTorch Wrote: Even libs are puzzled. I guess they don't like Obama either.
http://economywatch.msnbc.msn.com/_news/...economists
Quote:Some economists suspect that a statistical quirk in seasonal adjustments may have overstated the rebound in the job market. Because the 2007-09 recession was unusually deep, and the depth of it came in the winter months, the seasonal comparisons may now be skewed, according to Wells Fargo economist Joe Seydl.
You don't say! I guess Wells Fargo is in on the conspiracy.
Quote:Doubts about the official jobless rate have prompted some economists to turn to an alternate measure: the employment-to-population ratio, which paints a more sobering picture of the employment outlook.
You mean some people would actually look beyond the official BLS unemployment number to make an informed opinion on the overall picture of employment? But why?
Because we all know the BLS is in the tank for Obama and wanting to make the president look good. Never mind this same BLS said we were losing 800,000 jobs/mo under Bush. Or maybe they cut off a zero or something.
Look, however you slice and measure the unemployment rate, gaining over 150k jobs/month is a positive, because even under the most conservative econ estimates you're outpacing population growth. Over 200k like we've had the last 4 months is very significant improvement from one month to the next and the America people will give due credit to COMMANDER IN CHIEF BARACK OBAMA in November if this keeps up.
(This post was last modified: 04-05-2012 08:54 AM by Max Power.)
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04-05-2012 08:51 AM |
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Fo Shizzle
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-04-2012 03:17 PM)Max Power Wrote: Sorry America has created over 4 million private sector jobs the last 2 years, conservatives.
Despite this administrations poor policies those in search of profit in the marketplace find a way to forge forward.
(This post was last modified: 04-05-2012 08:52 AM by Fo Shizzle.)
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04-05-2012 08:52 AM |
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DrTorch
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 08:52 AM)Fo Shizzle Wrote: (04-04-2012 03:17 PM)Max Power Wrote: Sorry America has created over 4 million private sector jobs the last 2 years, conservatives.
Despite this administrations poor policies those in search of profit in the marketplace find a way to forge forward.
Oil in N Dakota. And NG fracking elsewhere.
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04-05-2012 08:58 AM |
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Max Power
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RE: March Private Sector Jobs Up 209,000 per ADP
Those people in search of profit in the marketplace couldn't have forged forward if there wasn't demand for their products and services, which the stimulus helped supply starting in 2009 at a time when the average American was hit hard and wasn't spending.
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04-05-2012 08:58 AM |
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DrTorch
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 08:58 AM)Max Power Wrote: Those people in search of profit in the marketplace couldn't have forged forward if there wasn't demand for their products and services, which the stimulus helped supply starting in 2009 at a time when the average American was hit hard and wasn't spending.
And about that borrowed money...it's getting paid back soon, right?
Anyone can live large off of borrowed money...for a short time. It's the later consequences that sensible people are worried about.
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04-05-2012 09:01 AM |
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Fo Shizzle
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 08:58 AM)Max Power Wrote: Those people in search of profit in the marketplace couldn't have forged forward if there wasn't demand for their products and services, which the stimulus helped supply starting in 2009 at a time when the average American was hit hard and wasn't spending.
I would not argue that the stimulus package did not have some effect. I also will point out that a lot of pent up demand being released in the marketplace from people that simply sat on cash out of fear has had a major effect. People save during these periods and then they eventually spend those savings when they feel more comfortable or simply have saved enough to splurge.
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04-05-2012 09:23 AM |
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Ninerfan1
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 09:01 AM)DrTorch Wrote: Anyone can live large off of borrowed money...for a short time. It's the later consequences that sensible people are worried about.
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04-05-2012 09:47 AM |
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Max Power
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 09:01 AM)DrTorch Wrote: And about that borrowed money...it's getting paid back soon, right?
Why do you assume it has to be paid back?
(04-05-2012 09:01 AM)DrTorch Wrote: Anyone can live large off of borrowed money...for a short time. It's the later consequences that sensible people are worried about.
If anyone's worried it's the rich who know that if we ever decide to pay it back they'll be the ones asked to do so.
Quick question: If we borrow money at a fixed 1% interest rate, when if ever should we pay it back?
(This post was last modified: 04-05-2012 10:49 AM by Max Power.)
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04-05-2012 10:49 AM |
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I'mMoreAwesomeThanYou
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 10:49 AM)Max Power Wrote: (04-05-2012 09:01 AM)DrTorch Wrote: And about that borrowed money...it's getting paid back soon, right?
Why do you assume it has to be paid back?
(04-05-2012 09:01 AM)DrTorch Wrote: Anyone can live large off of borrowed money...for a short time. It's the later consequences that sensible people are worried about.
If anyone's worried it's the rich who know that if we ever decide to pay it back they'll be the ones asked to do so.
Quick question: If we borrow money at a fixed 1% interest rate, when if ever should we pay it back?
Let me borrow 5k at 1% and we'll see if you want your money back...
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04-05-2012 10:50 AM |
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DrTorch
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 10:49 AM)Max Power Wrote: (04-05-2012 09:01 AM)DrTorch Wrote: And about that borrowed money...it's getting paid back soon, right?
Why do you assume it has to be paid back?
So Max doesn't believe in the 1st Law of Thermodynamics. I should be surprised...but I'm really not.
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04-05-2012 10:57 AM |
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Max Power
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 09:23 AM)Fo Shizzle Wrote: (04-05-2012 08:58 AM)Max Power Wrote: Those people in search of profit in the marketplace couldn't have forged forward if there wasn't demand for their products and services, which the stimulus helped supply starting in 2009 at a time when the average American was hit hard and wasn't spending.
I would not argue that the stimulus package did not have some effect. I also will point out that a lot of pent up demand being released in the marketplace from people that simply sat on cash out of fear has had a major effect. People save during these periods and then they eventually spend those savings when they feel more comfortable or simply have saved enough to splurge.
But in the meantime more and more people were losing their jobs, killing demand even further, so by the time confidence rose it might be years later because we just slogged through another great depression. The stimulus was necessary to halt the decline dude. And a lot of people weren't "sitting" on cash; it had dried up as the value of their homes plummeted.
(This post was last modified: 04-05-2012 11:18 AM by Max Power.)
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04-05-2012 11:16 AM |
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Max Power
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 10:57 AM)DrTorch Wrote: (04-05-2012 10:49 AM)Max Power Wrote: (04-05-2012 09:01 AM)DrTorch Wrote: And about that borrowed money...it's getting paid back soon, right?
Why do you assume it has to be paid back?
So Max doesn't believe in the 1st Law of Thermodynamics. I should be surprised...but I'm really not.
Nonresponsive. 1% interest rate, should we pay it back?
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04-05-2012 11:16 AM |
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DrTorch
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 11:16 AM)Max Power Wrote: (04-05-2012 10:57 AM)DrTorch Wrote: (04-05-2012 10:49 AM)Max Power Wrote: (04-05-2012 09:01 AM)DrTorch Wrote: And about that borrowed money...it's getting paid back soon, right?
Why do you assume it has to be paid back?
So Max doesn't believe in the 1st Law of Thermodynamics. I should be surprised...but I'm really not.
Nonresponsive. 1% interest rate, should we pay it back?
Yes.
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04-05-2012 11:26 AM |
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Max Power
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RE: March Private Sector Jobs Up 209,000 per ADP
Well then it's official, you're an idiot, if for no other reason than it's not keeping pace with inflation and we can easily lend that same money out at higher rates.
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04-05-2012 11:31 AM |
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I'mMoreAwesomeThanYou
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 11:31 AM)Max Power Wrote: Well then it's official, you're an idiot, if for no other reason than it's not keeping pace with inflation and we can easily lend that same money out at higher rates.
Even of you take that money and loan it to other people at a higher rate of return aren't you still "paying it back"? I'll answer...yes you're still paying it back.
I realize this is a really oversimplified question....
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04-05-2012 11:44 AM |
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Ninerfan1
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 11:44 AM)ImMoreAwesomeThanYou Wrote: (04-05-2012 11:31 AM)Max Power Wrote: Well then it's official, you're an idiot, if for no other reason than it's not keeping pace with inflation and we can easily lend that same money out at higher rates.
Even of you take that money and loan it to other people at a higher rate of return aren't you still "paying it back"? I'll answer...yes you're still paying it back.
I realize this is a really oversimplified question....
Where exactly are we going to get the money to lend exactly?
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04-05-2012 11:48 AM |
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I'mMoreAwesomeThanYou
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 11:48 AM)Ninerfan1 Wrote: (04-05-2012 11:44 AM)ImMoreAwesomeThanYou Wrote: (04-05-2012 11:31 AM)Max Power Wrote: Well then it's official, you're an idiot, if for no other reason than it's not keeping pace with inflation and we can easily lend that same money out at higher rates.
Even of you take that money and loan it to other people at a higher rate of return aren't you still "paying it back"? I'll answer...yes you're still paying it back.
I realize this is a really oversimplified question....
Where exactly are we going to get the money to lend exactly?
From China...
Here is another question.
Is it even possible to pay back 16 TRILLION DOLLARS?
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04-05-2012 11:50 AM |
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I'mMoreAwesomeThanYou
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RE: March Private Sector Jobs Up 209,000 per ADP
Can you imagine that conversation...
Ok Sir, your loan amount is 16 Trillion dollars, financed over 360 months, at a rate of 1% and your payment is....no idea.
My calculator doesn't go that high...
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04-05-2012 11:52 AM |
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DrTorch
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-05-2012 11:31 AM)Max Power Wrote: Well then it's official, you're an idiot, if for no other reason than it's not keeping pace with inflation and we can easily lend that same money out at higher rates.
What's causing the inflation? You take it as a given.
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04-05-2012 11:52 AM |
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Lord Stanley
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RE: March Private Sector Jobs Up 209,000 per ADP
(04-04-2012 05:13 PM)Ninerfan1 Wrote: (04-04-2012 04:40 PM)Max Power Wrote: I'm softening the blow for you guys. I know how much you want America to start losing jobs [b]so your mormon[\b]can get in office.
Wow. Just can't keep your bigotry in check can you?
Can you just imagine what he'd say if someone wrote this?
(04-04-2012 04:40 PM)Racist Wrote: I'm softening the blow for you guys. I know how much you want America to start losing jobs [b]so your black guy[\b]can get in office.
Max, why the racism?
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04-05-2012 12:13 PM |
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