OT entitlements (was lighthouses)
 

On 13/06/2010 6:53 PM, bpuharic wrote:
On Sun, 13 Jun 2010 18:41:45 -0600,
wrote:

On 13/06/2010 6:12 PM, bpuharic wrote:
On Sun, 13 Jun 2010 18:06:19 -0600,
wrote:

unemployment dropped from 9.9% to 9.7% doesnt do much for your view
that the economy is collapsiing


Ya, Obama type jobs. You want them, you take them.

yeah i know. to the rich and the right wing, the middle class deserves
starvation.

No they don't but Obama seems to think so.

http://www.bls.gov/news.release/empsit.nr0.htm

that new is so old it's rancid. why not look at more recent data:

http://www.cnbc.com/id/37464845/Job_...llenger_Report

The Challenger report indicated that the pace of job losses edged
slightly higher in May, as employers announced plans to cut 38,810
jobs from their payrolls.

This was 1.3 percent more than the four-year low of 38,326 job cuts
announced in April, but 65 percent lower than one year earlier, when
planned job cuts totalled 111,182.

Does not mater how you cu it, it is bad news.

so the rate of job loss has DROPPED 65% vs a year ago.

That is like saying I gushed 6 pints of blood and don't have as much to
blead any more.

if that's failure, i'll take it.

Yep, for 3 trillion in debt I expected better. Or about 30,000 per
working citizen of debt. How long can that go on before we declare USA
bankrupt?

If not for Obama part time low wage jobs, 15,000,000 unemplyed would be
15.411,000 unemployed. Putting real unemployment over 10%.

Long term unemployed unchanged at 6.8 million.

ah. so the rate of job loss has dropped to ZERO. that's ALOT better
than the legacy of your rich white buddy bush which saw unemployment
rocket from 4.7% to 10%

With over 95% of the new hires part time government employees....

You think that is good news?

Not sustainable. But is a fast road to bankruptcy.
--
Taxation, modern day slavery. The loss of economic freedom.

OT entitlements (was lighthouses)
 

On Sun, 13 Jun 2010 22:00:51 -0600, Canuck57
wrote:

On 13/06/2010 6:53 PM, bpuharic wrote:
On Sun, 13 Jun 2010 18:41:45 -0600,
wrote:

The Challenger report indicated that the pace of job losses edged
slightly higher in May, as employers announced plans to cut 38,810
jobs from their payrolls.

This was 1.3 percent more than the four-year low of 38,326 job cuts
announced in April, but 65 percent lower than one year earlier, when
planned job cuts totalled 111,182.

Does not mater how you cu it, it is bad news.

better than it was a year ago. you just want an excuse to blame the
darkie president


so the rate of job loss has DROPPED 65% vs a year ago.

That is like saying I gushed 6 pints of blood and don't have as much to
blead any more.

or that the bleeding has slowed...and the patient is recovering.


if that's failure, i'll take it.

Yep, for 3 trillion in debt I expected better.

of course you would. he's black. he CANT do right by you.

Or about 30,000 per
working citizen of debt. How long can that go on before we declare USA
bankrupt?

we did OK in ww2 with a larger debt.


If not for Obama part time low wage jobs, 15,000,000 unemplyed would be
15.411,000 unemployed. Putting real unemployment over 10%.

Long term unemployed unchanged at 6.8 million.

ah. so the rate of job loss has dropped to ZERO. that's ALOT better
than the legacy of your rich white buddy bush which saw unemployment
rocket from 4.7% to 10%

With over 95% of the new hires part time government employees....

glad you focus on 1 data point? me? i take a longer term view. latest
data shows private industry is starting to hire


You think that is good news?

Not sustainable. But is a fast road to bankruptcy.

tell it to truman.

OT entitlements (was lighthouses)
 

wrote in message
...
On Sun, 13 Jun 2010 16:55:41 -0400, bpuharic wrote:

On Sun, 13 Jun 2010 16:48:12 -0400, wrote:


Unemployment before WW2 under FDR went from 25% to 10%. That's pretty
amazing. WW2 certainly ended the depression finally and completely, but
the
US depression had little to do with Hitler. He came into power because
the
European powers after WW2 were obscenely harsh with Germany. That caused
a
terrible depression and runaway inflation in Germany, which gave rise to
the
extremist movement.


I don't know where you got that number for unemployment but the double
dip hit in 1938 At worst it was 23%, after the New Deal started and in
the double dip was back up to 18. We were well intro WWII before it
got to 10%.
http://upload.wikimedia.org/wikipedi..._1890-2009.gif

Again. Hitler was a German response to the depression (he rose to
power in1933). Without millions of Germans out of work and hanging
around street corners looking for something to do and someone who
promised a solution, he would have just been an unknown crank.
The US putting abusive tariffs on European goods only made that
problem worse.
That was just one of FDRs flawed policies that we don't hear much
about.

unfortunately we hear ALOT today about repeating the 'do nothing'
policies that let the banks fail rather than increase debt. the
american right is a fundamentalist organization in many ways. they
think debt must be reduced even if it leads to 25% unemployment like
it did during the depression

It is a balance. If the US can't sell it's debt anymore we might be
longing for the days of a mere 25% unemployment rate.
We can't assume the world will keep lending us unlimited amounts of
money, just because they have in the past.


You're right. We can't assume this. We're actively working to reverse this
trend of out of site debt. It's fixable, and it's a problem that every major
economy that lends to us is aware of and wants us to get it fixed.

OT entitlements (was lighthouses)
 

wrote in message
...
On Sun, 13 Jun 2010 15:07:32 -0700, "nom=de=plume"
wrote:

Unemployment before WW2 under FDR went from 25% to 10%. That's pretty
amazing. WW2 certainly ended the depression finally and completely, but
the
US depression had little to do with Hitler. He came into power because
the
European powers after WW2 were obscenely harsh with Germany. That caused
a
terrible depression and runaway inflation in Germany, which gave rise to
the
extremist movement.


I don't know where you got that number for unemployment but the double
dip hit in 1938 At worst it was 23%, after the New Deal started and in
the double dip was back up to 18. We were well intro WWII before it
got to 10%.
http://upload.wikimedia.org/wikipedi..._1890-2009.gif

From 23% to 13% then back up a few percentage points, then back down PRIOR
to 1942 when we entered the war.


It started going under 16% when we started lend lease, before we were
officially in the war.

Again. Hitler was a German response to the depression (he rose to

NOT OUR DEPRESSION. Germany's depression. Our depression didn't cause his
rise to power. That depression started long before 1933.

The Germans crashed at the same time we did., They had a borrow and
spend economy in the 20s and the illusion of prosperity. It was when
the US (and other democracies) got hungry in 1929 and called the
German debt that they crashed. If anything that should be a harbinger
for us.
One opinion
http://www.history.ucsb.edu/faculty/...0s/Econ20s.htm
I do find it interesting that this author says it was not about debt,
and then goes on to describe the deficit spending that caused the
collapse.
Hitler came up out of that crash.



As I said, from the first paragraph:

"Germany was economically devastated after a draining defeat in World War I.
Due to the Versailles treaty, Germany was forced to pay incredibly sizeable
reparations to France and Great Britain. In addition, the Versailles treaty,
which many agreed was far too harsh, forced Germany to give up thirteen
percent of its land."

OT entitlements (was lighthouses)
 

wrote in message
...
On Mon, 14 Jun 2010 11:39:53 -0700, "nom=de=plume"
wrote:


wrote in message
. ..
On Sun, 13 Jun 2010 15:07:32 -0700, "nom=de=plume"
wrote:

Unemployment before WW2 under FDR went from 25% to 10%. That's pretty
amazing. WW2 certainly ended the depression finally and completely,
but
the
US depression had little to do with Hitler. He came into power because
the
European powers after WW2 were obscenely harsh with Germany. That
caused
a
terrible depression and runaway inflation in Germany, which gave rise
to
the
extremist movement.


I don't know where you got that number for unemployment but the double
dip hit in 1938 At worst it was 23%, after the New Deal started and in
the double dip was back up to 18. We were well intro WWII before it
got to 10%.
http://upload.wikimedia.org/wikipedi..._1890-2009.gif

From 23% to 13% then back up a few percentage points, then back down
PRIOR
to 1942 when we entered the war.


It started going under 16% when we started lend lease, before we were
officially in the war.

Again. Hitler was a German response to the depression (he rose to

NOT OUR DEPRESSION. Germany's depression. Our depression didn't cause
his
rise to power. That depression started long before 1933.

The Germans crashed at the same time we did., They had a borrow and
spend economy in the 20s and the illusion of prosperity. It was when
the US (and other democracies) got hungry in 1929 and called the
German debt that they crashed. If anything that should be a harbinger
for us.
One opinion
http://www.history.ucsb.edu/faculty/...0s/Econ20s.htm
I do find it interesting that this author says it was not about debt,
and then goes on to describe the deficit spending that caused the
collapse.
Hitler came up out of that crash.



As I said, from the first paragraph:

"Germany was economically devastated after a draining defeat in World War
I.
Due to the Versailles treaty, Germany was forced to pay incredibly
sizeable
reparations to France and Great Britain. In addition, the Versailles
treaty,
which many agreed was far too harsh, forced Germany to give up thirteen
percent of its land."



... but they used the same borrow and spend solution we are using to
prop up their economy. It worked as long as they could sell their
paper. When they could find no more buyers, their money became
worthless.

But they had completely different underlying problems. We have the most
open, vibrant economy in the world. That's not going to change any time
soon.