Economy Adds 216,000 Jobs in March, Unemployment Drops to 8.8%

[QUOTE="YellowOneKinobi"]

[QUOTE="GreySeal9"]

Yeah, it's politics, but it's kind of dissapointing (though expected) to see regular people constantly playing politics. They don't really have any reason to. Atleast politicians hav a personal interest in playing politics.

Wasdie

Well if I didn't convince you that my way is better, why the hell would you vote for me? This works for both sides. The right and the left have completely different ideas about how to approach the situation and they have to do the best they can to convince you their method is the best.

(I'm not sure if that came out just right).

[QUOTE="YellowOneKinobi"]

[QUOTE="GreySeal9"]

Yeah, it's politics, but it's kind of dissapointing (though expected) to see regular people constantly playing politics. They don't really have any reason to. Atleast politicians hav a personal interest in playing politics.

GreySeal9

And they've mostly done this through igniting culture wars instead of basing it on policy issues.

[QUOTE="Wasdie"]

[QUOTE="YellowOneKinobi"]Overall, politicians in general have done an AMAZING job over the decades of convincing people that THEIR SIDE is the only one comprised of the good guys. I find people become loyal to 'their side' in the same way that a die-hard sports fan is loyal to their team. Unfortunately, with politics, the winning and losing of games translates into real life issues that affect people's lives directly.

YellowOneKinobi

Well if I didn't convince you that my way is better, why the hell would you vote for me? This works for both sides. The right and the left have completely different ideas about how to approach the situation and they have to do the best they can to convince you their method is the best.

(I'm not sure if that came out just right).

The general popluation has always been very polarized.

America really has it difficult as there is no real one culture that dominates the majority of the population. This really polarizes things over values, culture, and morals.

[QUOTE="YellowOneKinobi"]

[QUOTE="GreySeal9"]

Yeah, it's politics, but it's kind of dissapointing (though expected) to see regular people constantly playing politics. They don't really have any reason to. Atleast politicians hav a personal interest in playing politics.

Wasdie

Well if I didn't convince you that my way is better, why the hell would you vote for me? This works for both sides. The right and the left have completely different ideas about how to approach the situation and they have to do the best they can to convince you their method is the best.

But as I said in my last post, they don't really do much in the way of explaining why their way is better via explaining policy. They instead ignite culture wars and get some people to despise the other side so much that they always vote the lesser of two evils without holding anybody accountable.

That being said, I'm not in any way against voting the lesser of two evils in general as I find alternative parties to be seriously one-dimensional.

As long as it's the economy adding jobs, and not states or federal governments creating the jobs through public works, it's a good thing.

Keeping taxes low on businesses is really the only thing a government can do that's not to extreme during a recession. Some could also argue for increased tariffs and quotas on trade to promote nation wide businesses.

One must wonder, which is better for the country in the short term? Slightly higher prices as a result of increased demand of US made products, or lower prices at the possible cost of jobs.

Just things to ponder about.

Also with economics there is no such thing as a solution, only a compromise. An economic stimulus bill will have major compromises later. The government can't solve anything. The best thing they can do is tip the favor of the economy one way or another with taxes, quotas, and tariffs. They can't just pass a job stimulus bill and it will work. More often than not it doesn't work.

A lot of people refuse to believe that basic supply and demand economics do not work. They want to believe that there is a pure solution to the problem. That belief is exactly why economic politics are so messy.

Wasdie

Quantitative easing is considered largely responsible for the economic growth and job creation of the past year, read any business news site and you will find this to be the view held by most investors, business people and economists. The fear is that once that stops, so will the recent trend of improvement.

[QUOTE="Wasdie"]

As long as it's the economy adding jobs, and not states or federal governments creating the jobs through public works, it's a good thing.

Keeping taxes low on businesses is really the only thing a government can do that's not to extreme during a recession. Some could also argue for increased tariffs and quotas on trade to promote nation wide businesses.

One must wonder, which is better for the country in the short term? Slightly higher prices as a result of increased demand of US made products, or lower prices at the possible cost of jobs.

Just things to ponder about.

Also with economics there is no such thing as a solution, only a compromise. An economic stimulus bill will have major compromises later. The government can't solve anything. The best thing they can do is tip the favor of the economy one way or another with taxes, quotas, and tariffs. They can't just pass a job stimulus bill and it will work. More often than not it doesn't work.

A lot of people refuse to believe that basic supply and demand economics do not work. They want to believe that there is a pure solution to the problem. That belief is exactly why economic politics are so messy.

Quantitative easing is considered largely responsible for the economic growth and job creation of the past year, read any business news site and you will find this to be the view held by most investors, business people and economists. The fear is that once that stops, so will the recent trend of improvement.

i do frequent business and economic sites and have not found that to be the case at all.surrealnumber5

In just the past couple of days I've read these:

http://www.cnbc.com/id/42362299

http://www.businessinsider.com/7-problems-that-could-derail-the-global-recovery-2011-3

It's an almost daily topic.

[QUOTE="surrealnumber5"]

i do frequent business and economic sites and have not found that to be the case at all.

In just the past couple of days I've read these:

http://www.cnbc.com/id/42362299

http://www.businessinsider.com/7-problems-that-could-derail-the-global-recovery-2011-3

It's an almost daily topic.

the only time i view anything cnbc is when schiff is there to lay down the law. surrealnumber5

It's common knowledge that the government has injected hundreds of billions of dollars into the economy recently, creating artificial growth in an effort to lessen the impact of the recession. I'm not saying whether or not I agree with the policy or anything, but that is absolutely the biggest thing on most investors' radar right now. When that stops or changes it will have a major impact on the economy.

Good. I contributed to that 216k so everyone lay some praise on me.

[QUOTE="surrealnumber5"] the only time i view anything cnbc is when schiff is there to lay down the law. superfluidity

It's common knowledge that the government has injected hundreds of billions of dollars into the economy recently, creating artificial growth in an effort to lessen the impact of the recession. I'm not saying whether or not I agree with the policy or anything, but that is absolutely the biggest thing on most investors' radar right now. When that stops or changes it will have a major impact on the economy.

Good. I contributed to that 216k so everyone lay some praise on me.

sonicare

there are many, many economists that see both QE1 and QE2 as devistating for nemerous reasons. the biggest being inflation that happens when ever the money supply is increased, and some have attributed the fall of egypt to the falling dollar and their relative increase in food prices. it is harder to find investers that were against the interjection of cash into the market but it is all to easy to find economists that are/were against it.

surrealnumber5

It has major inflationary consequences but the goal is short-term stability to ride out the storm. I'm not saying I'm for or against it, I'm not that knowledgeable about it, I just know that it's held responsible for current economic trends.

[QUOTE="surrealnumber5"]

there are many, many economists that see both QE1 and QE2 as devistating for nemerous reasons. the biggest being inflation that happens when ever the money supply is increased, and some have attributed the fall of egypt to the falling dollar and their relative increase in food prices. it is harder to find investers that were against the interjection of cash into the market but it is all to easy to find economists that are/were against it.

superfluidity

It has major inflationary consequences but the goal is short-term stability to ride out the storm. I'm not saying I'm for or against it, I'm not that knowledgeable about it, I just know that it's held responsible for current economic trends.

but yes what we have today for better or worse is solely because of the actions yesterday.

When unemployment rises, it's because of Obama's bad policies. When it goes down, it is despite Obama's policies. But, that's what I expected when I saw the thread title, then who had created the thread.Engrish_Major

Did I not say it was good news? I believe I did.

Then I gave my opinion on what has been hindering job growth. The majority of the bashing isn't coming from me. It's not like the criticism is unwarranted.

My city jobsstill not hiring IT for almost 2 years now. And I checked it almost everyday. It is sad those said numbers doesn't include me.

magicalclick

My city jobsstill not hiring IT for almost 2 years now. And I checked it almost everyday. It is sad those said numbers doesn't include me.

That would be cruel if this is a joke.

Anyway, good to see.

[QUOTE="surrealnumber5"][QUOTE="magicalclick"]

My city jobsstill not hiring IT for almost 2 years now. And I checked it almost everyday. It is sad those said numbers doesn't include me.

Engrish_Major

Yes, and how many workers are currently discouraged? Discouraged workers don't count as being part of the workforce. Or how many workers are only able to find part-time work, when they'd rather be working full-time?

Answer: Lots.

i take pride in saying my company does not have a single account with mr fed, and that the owner is another libertarian accountant

surrealnumber5

The partisanship concerning reports about numbers is terrible. Look at MSNBC's front page right now:

The first link below the headline... more partisanship :roll:

Things can't just be news anymore. There always has to be spin, doesn't there...

i take pride in saying my company does not have a single account with mr fed, and that the owner is another libertarian accountant

The partisanship concerning reports about numbers is terrible. Look at MSNBC's front page right now:

The first link below the headline... more partisanship :roll:

Things can't just be news anymore. There always has to be spin, doesn't there...

there are lots of IT jobs here on both sides of the coin. surrealnumber5

[QUOTE="surrealnumber5"]

i take pride in saying my company does not have a single account with mr fed, and that the owner is another libertarian accountant

Engrish_Major

[QUOTE="surrealnumber5"]there are lots of IT jobs here on both sides of the coin. Engrish_Major

nah msnbc is not bias or maybe a little but nothing compared to fox.... yea it is sick, and it is one of the reasons why, news tends to make people dumber. the only thing worse than the "news" are the punditssurrealnumber5

[QUOTE="Engrish_Major"]

The partisanship concerning reports about numbers is terrible. Look at MSNBC's front page right now:

The first link below the headline... more partisanship :roll:

Things can't just be news anymore. There always has to be spin, doesn't there...

surrealnumber5

A strong market for jobs... because the Federal Government has such a huge influence in the surrounding area. It's kind of a bad thing that that area is "recession-proof" because of the government. That means that the government doesn't tighten it's belt like the rest of the country knows it has to during a recession. BMD004

[QUOTE="surrealnumber5"]nah msnbc is not bias or maybe a little but nothing compared to fox.... yea it is sick, and it is one of the reasons why, news tends to make people dumber. the only thing worse than the "news" are the punditsEngrish_Major

[QUOTE="BMD004"]A strong market for jobs... because the Federal Government has such a huge influence in the surrounding area. It's kind of a bad thing that that area is "recession-proof" because of the government. That means that the government doesn't tighten it's belt like the rest of the country knows it has to during a recession. Engrish_Major

[QUOTE="surrealnumber5"][QUOTE="Engrish_Major"]

The partisanship concerning reports about numbers is terrible. Look at MSNBC's front page right now:

The first link below the headline... more partisanship :roll:

Things can't just be news anymore. There always has to be spin, doesn't there...

BMD004

SOURCE

Well this is good news. I hope the administrations doesn't screw this up with anymore bad policy.

airshocker

Ah yes the rule of thumb for this year. Obama is not responsible for anything good that happens, but is accountable for everything bad that happens.

[QUOTE="airshocker"]

SOURCE

Well this is good news. I hope the administrations doesn't screw this up with anymore bad policy.

sSubZerOo

Ah yes the rule of thumb for this year. Obama is not responsible for anything good that happens, but is accountable for everything bad that happens.

Isn't that the rule of thumb for every single president ever?

[QUOTE="BMD004"]

[QUOTE="surrealnumber5"] nah msnbc is not bias or maybe a little but nothing compared to fox.... yea it is sick, and it is one of the reasons why, news tends to make people dumber. the only thing worse than the "news" are the punditssurrealnumber5

If they are tightening their belts, then how is it recession-proof?BMD004

We must be on OT. A thread about actual good news turned quickly into a generic "let's bash Obama" thread.Engrish_Major

Actually the majority here defend him. So I don't know what you are talking about.

[QUOTE="Engrish_Major"] We must be on OT. A thread about actual good news turned quickly into a generic "let's bash Obama" thread.Espada12

Actually the majority here defend him. So I don't know what you are talking about.

The partisanship concerning reports about numbers is terrible. Look at MSNBC's front page right now:

The first link below the headline... more partisanship :roll:

Things can't just be news anymore. There always has to be spin, doesn't there...

Engrish_Major

"Waits for theokoth to run in defending this while damning fox news and republicans", honestly though I'm not surprised by this headline and hopefully there are reasons to make alot more of them.

[QUOTE="Espada12"]

[QUOTE="Engrish_Major"] We must be on OT. A thread about actual good news turned quickly into a generic "let's bash Obama" thread.Engrish_Major

Actually the majority here defend him. So I don't know what you are talking about.

I did, the part I'm addressing is the "We must be on OT" part. It doesn't take a genius to see where most people's political leanings are here.

I don't see unemployment at that level.Hemmaroids

What you see is not relevant since you're only one person and can hardly account for the entire nation.

I don't see unemployment at that level.Hemmaroids

[QUOTE="jshaas"][QUOTE="BrianB0422"]Go Team Obama!airshocker

We're going to need years of this kind of activity for our economy to get back to full-strength.

We probably could have had these results a year earlier if the President didn't d*** around with the travesty of healthcare "reform".

Good news.

*inserts partisan rant*

[QUOTE="airshocker"]

[QUOTE="jshaas"] Like it was because of them that these jobs opened up. This is a great sign though. I hope and pray that we see the same at the end of this month, and every month through the end of the year.jshaas

We're going to need years of this kind of activity for our economy to get back to full-strength.

We probably could have had these results a year earlier if the President didn't d*** around with the travesty of healthcare "reform".