More jobless recovery
 

"Harry Krause" wrote in message
February 6, 2004
Fewer Jobs Than Expected Created in January, Report Says
By REUTERS

Filed at 9:10 a.m. ET

WASHINGTON (Reuters) - The U.S. economy

The more accurate Household Survey, which is used to determine unemployment
figures and also includes data on the self-employed in its new jobs report,
shows just under 500,000 new jobs.

More jobless recovery
 

In article ,
says...

"Harry Krause" wrote in message
February 6, 2004
Fewer Jobs Than Expected Created in January, Report Says
By REUTERS

Filed at 9:10 a.m. ET

WASHINGTON (Reuters) - The U.S. economy

The more accurate Household Survey, which is used to determine unemployment
figures and also includes data on the self-employed in its new jobs report,
shows just under 500,000 new jobs.

Yes, agreed. There's a lot of people who are "self-employed" now since
they haven't been able to find a job working for someone else.

It likely means they're using the equity in the retirement account,
house or BOAT to finance a way to produce some household income.

jps

More jobless recovery
 

"Harry Krause" wrote in message

......Is that what you do, John? You
work for yourself?

Only for part of the year.

January through about early March, I work to pay for necessary and
worthwhile government functions; March through June I work to pay for
government waste, "entitlements" for whiners, education for non-citizen
illegal aliens, and a distinguished list of additional things to long to
list here; July and August (approximately) I work to pay for the socialized
medicine subsidies built into the med insurance premiums I pay for family
coverage; September through December I pretty much work for myself,
although my kids manage to grab a fair bit of it. :-)

More jobless recovery
 

On Fri, 6 Feb 2004 16:16:31 -0500, "John Gaquin"
wrote:


"Harry Krause" wrote in message

......Is that what you do, John? You
work for yourself?

Only for part of the year.

January through about early March, I work to pay for necessary and
worthwhile government functions; March through June I work to pay for
government waste, "entitlements" for whiners, education for non-citizen
illegal aliens, and a distinguished list of additional things to long to
list here; July and August (approximately) I work to pay for the socialized
medicine subsidies built into the med insurance premiums I pay for family
coverage; September through December I pretty much work for myself,
although my kids manage to grab a fair bit of it. :-)


You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

More jobless recovery
 

John H wrote:

You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

You mean "the dems" that recently ran up the biggest deficit in the shortest time
of any period in history?

DSK

More jobless recovery
 

On Fri, 06 Feb 2004 16:51:49 -0500, DSK wrote:

John H wrote:

You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

You mean "the dems" that recently ran up the biggest deficit in the shortest time
of any period in history?

DSK

If the dems try to give everything they're promising now, we've seen
nothing yet!

Let's see, free health care for all, free college for all, free drugs
for all, subsidized or free housing for all -- hell, we won't have to
work for anything, it'll all be free!

I can't wait.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

More jobless recovery
 

"John H" wrote in message

- hell, we won't have to
work for anything, it'll all be free!

Just hit up those rich folks --

More jobless recovery
 

"John H" wrote in message

You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

I recall talking to a few engineers with whom I worked in Norway back in the
mid 70s. Now granted, that was 30 years ago, and the Scandinavian countries
have had to back off their socialist utopia to some degree, but the basic
principles remain valid.

While nominally employed in the private sector, these guys had had all their
ambition and incentive driven into the ground by the tax structure necessary
to support the government babysitting. What they told me at that time was
that in order to double their after-tax income, they would have to at least
quadruple the pre-tax figure. The horrendous thing is that now, thirty
years later, we're almost there.

More jobless recovery
 

On Fri, 6 Feb 2004 17:08:09 -0500, "John Gaquin"
wrote:


"John H" wrote in message

- hell, we won't have to
work for anything, it'll all be free!

Just hit up those rich folks --


Now *THAT'S* a great idea!

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

More jobless recovery
 

John H wrote:

On Fri, 6 Feb 2004 16:16:31 -0500, "John Gaquin"
wrote:


"Harry Krause" wrote in message

......Is that what you do, John? You
work for yourself?

Only for part of the year.

January through about early March, I work to pay for necessary and
worthwhile government functions; March through June I work to pay for
government waste, "entitlements" for whiners, education for non-citizen
illegal aliens, and a distinguished list of additional things to long to
list here; July and August (approximately) I work to pay for the socialized
medicine subsidies built into the med insurance premiums I pay for family
coverage; September through December I pretty much work for myself,
although my kids manage to grab a fair bit of it. :-)


You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

What are you talking about, John? You draw a government pension. That's
about as socialized as it gets.

--
Email sent to is never read.

More jobless recovery
 

John H wrote:

On Fri, 06 Feb 2004 16:51:49 -0500, DSK wrote:

John H wrote:

You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

You mean "the dems" that recently ran up the biggest deficit in the shortest time
of any period in history?

DSK

If the dems try to give everything they're promising now, we've seen
nothing yet!

Let's see, free health care for all, free college for all, free drugs
for all, subsidized or free housing for all -- hell, we won't have to
work for anything, it'll all be free!


Isn't that why you joined the military? Free health care, free college,
free prescriptions, subsidized housing...such a deal...was it good for you?
--
Email sent to is never read.

More jobless recovery
 

John H wrote:

On Fri, 6 Feb 2004 17:08:09 -0500, "John Gaquin"
wrote:


"John H" wrote in message

- hell, we won't have to
work for anything, it'll all be free!

Just hit up those rich folks --


Now *THAT'S* a great idea!

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

How delightful...put up a post showing yet another area in which Bush
has failed Americans and all the right-wing asswipes spend the rest of
the day rationalizing it. As usual.

All you have to do is push
this little button ---------- "Bush screwed up ___________."

And just like Pavlov's dogs, they all start drooling.

Woof!

--
Email sent to is never read.

More jobless recovery
 

Harry Krause wrote:

What are you talking about, John? You draw a government pension. That's
about as socialized as it gets.

A government pension is socialism? Your thought process is really
screwed up.

Is that what thinking in color does for you?

-- Charlie


----== Posted via Newsfeed.Com - Unlimited-Uncensored-Secure Usenet News==----
http://www.newsfeed.com The #1 Newsgroup Service in the World! 100,000 Newsgroups
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More jobless recovery
 

On Fri, 06 Feb 2004 20:33:09 -0500, Harry Krause
wrote:

John H wrote:

On Fri, 06 Feb 2004 16:51:49 -0500, DSK wrote:

John H wrote:

You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

You mean "the dems" that recently ran up the biggest deficit in the shortest time
of any period in history?

DSK

If the dems try to give everything they're promising now, we've seen
nothing yet!

Let's see, free health care for all, free college for all, free drugs
for all, subsidized or free housing for all -- hell, we won't have to
work for anything, it'll all be free!


Isn't that why you joined the military? Free health care, free college,
free prescriptions, subsidized housing...such a deal...was it good for you?

I wasn't the son of a multi-millionaire, Harry, I was drafted.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

More jobless recovery
 

On Fri, 06 Feb 2004 20:31:38 -0500, Harry Krause
wrote:

John H wrote:

On Fri, 6 Feb 2004 16:16:31 -0500, "John Gaquin"
wrote:


"Harry Krause" wrote in message

......Is that what you do, John? You
work for yourself?

Only for part of the year.

January through about early March, I work to pay for necessary and
worthwhile government functions; March through June I work to pay for
government waste, "entitlements" for whiners, education for non-citizen
illegal aliens, and a distinguished list of additional things to long to
list here; July and August (approximately) I work to pay for the socialized
medicine subsidies built into the med insurance premiums I pay for family
coverage; September through December I pretty much work for myself,
although my kids manage to grab a fair bit of it. :-)


You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

What are you talking about, John? You draw a government pension. That's
about as socialized as it gets.

Except that I had to work for it. That's the big difference, Harry.
Now go back to sleep, you have nothing to contribute.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

More jobless recovery
 

John H wrote:
On Fri, 06 Feb 2004 20:33:09 -0500, Harry Krause
wrote:

John H wrote:

On Fri, 06 Feb 2004 16:51:49 -0500, DSK wrote:

John H wrote:

You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

You mean "the dems" that recently ran up the biggest deficit in the shortest time
of any period in history?

DSK

If the dems try to give everything they're promising now, we've seen
nothing yet!

Let's see, free health care for all, free college for all, free drugs
for all, subsidized or free housing for all -- hell, we won't have to
work for anything, it'll all be free!


Isn't that why you joined the military? Free health care, free college,
free prescriptions, subsidized housing...such a deal...was it good for you?

I wasn't the son of a multi-millionaire, Harry, I was drafted.

Oh...how long did your period of conscription last, John?

--
Email sent to is never read.

More jobless recovery
 

John H wrote:

On Fri, 06 Feb 2004 20:31:38 -0500, Harry Krause
wrote:

John H wrote:

On Fri, 6 Feb 2004 16:16:31 -0500, "John Gaquin"
wrote:


"Harry Krause" wrote in message

......Is that what you do, John? You
work for yourself?

Only for part of the year.

January through about early March, I work to pay for necessary and
worthwhile government functions; March through June I work to pay for
government waste, "entitlements" for whiners, education for non-citizen
illegal aliens, and a distinguished list of additional things to long to
list here; July and August (approximately) I work to pay for the socialized
medicine subsidies built into the med insurance premiums I pay for family
coverage; September through December I pretty much work for myself,
although my kids manage to grab a fair bit of it. :-)


You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

What are you talking about, John? You draw a government pension. That's
about as socialized as it gets.

Except that I had to work for it. That's the big difference, Harry.
Now go back to sleep, you have nothing to contribute.

Work for it?



--
Email sent to is never read.

More jobless recovery
 

On Fri, 06 Feb 2004 22:33:49 -0500, Harry Krause
wrote:

John H wrote:
On Fri, 06 Feb 2004 20:33:09 -0500, Harry Krause
wrote:

John H wrote:

On Fri, 06 Feb 2004 16:51:49 -0500, DSK wrote:

John H wrote:

You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

You mean "the dems" that recently ran up the biggest deficit in the shortest time
of any period in history?

DSK

If the dems try to give everything they're promising now, we've seen
nothing yet!

Let's see, free health care for all, free college for all, free drugs
for all, subsidized or free housing for all -- hell, we won't have to
work for anything, it'll all be free!


Isn't that why you joined the military? Free health care, free college,
free prescriptions, subsidized housing...such a deal...was it good for you?

I wasn't the son of a multi-millionaire, Harry, I was drafted.

Oh...how long did your period of conscription last, John?

Approximately 17 months.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

More jobless recovery
 

On Fri, 06 Feb 2004 22:34:30 -0500, Harry Krause
wrote:

John H wrote:

On Fri, 06 Feb 2004 20:31:38 -0500, Harry Krause
wrote:

John H wrote:

On Fri, 6 Feb 2004 16:16:31 -0500, "John Gaquin"
wrote:


"Harry Krause" wrote in message

......Is that what you do, John? You
work for yourself?

Only for part of the year.

January through about early March, I work to pay for necessary and
worthwhile government functions; March through June I work to pay for
government waste, "entitlements" for whiners, education for non-citizen
illegal aliens, and a distinguished list of additional things to long to
list here; July and August (approximately) I work to pay for the socialized
medicine subsidies built into the med insurance premiums I pay for family
coverage; September through December I pretty much work for myself,
although my kids manage to grab a fair bit of it. :-)


You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

What are you talking about, John? You draw a government pension. That's
about as socialized as it gets.

Except that I had to work for it. That's the big difference, Harry.
Now go back to sleep, you have nothing to contribute.

Work for it?

Read much?

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

More jobless recovery
 

"John H" wrote in message

Except that I had to work for it. That's the big difference,

In more ways than one. I recall when I was on active duty (about late 73),
the Pentagon was in process of revamping the retirement system. I knew I
was separating, so it was of little concern to me, but we all attended the
briefings nonetheless.

One figure (as of 1973) that stuck in my mind to this day is this: of all
thirty-year military retirees, only 3% live to age 60. That's a cost of
serving, too.

JG

More jobless recovery
 

On Sat, 07 Feb 2004 13:54:34 -0500, John Gaquin wrote:

One figure (as of 1973) that stuck in my mind to this day is this: of all
thirty-year military retirees, only 3% live to age 60. That's a cost of
serving, too.

Damn, were any reasons given for the rate?

More jobless recovery
 

"Harry Krause" wrote in message

``The payrolls number was well below market expectations and confirms
the jobs market in the U.S. is weak,'' said Daniel Tenengauzer, vice
president for foreign exchange at Lehman Brothers

What a bunch of bull****. I did some reading on Tenengauzer. He's 35 years
old (almost the same age as me)...and Harry has already stated that that's
too young to have a meaningful opinon. Nevertheless, what I found out
about Tenengauzer is that he has a hard time separating his political bias
from his supposedly objective economic analysis.

Tenengauzer, who used to work for Goldman Sachs, was blasted by the Israeli
Ha'aretz back in May 2001 for this very thing. Another Israeli news outlet
had this to say:

"Israelis now know how to read Goldman Sachs' ratings: When Goldman Sachs
rates Israel high, it means Israel is under attack and/or *led by the left*.
When Goldman Sachs drops Israel's ratings or issues ex cathedra military
commentary by young economists (ie--Tenengauzer), it means Israel is
defending herself, or *led by the right*. "

Sound familiar?

Only a very biased (or stupid) individual can come to the conclusion that a
single-month net gain of 112,000 jobs is confirmation that the "jobs market
in the U.S. is weak". Putz.

More jobless recovery
 

"jps" wrote in message
...
In article ,
says...

"Harry Krause" wrote in message
February 6, 2004
Fewer Jobs Than Expected Created in January, Report Says
By REUTERS

Filed at 9:10 a.m. ET

WASHINGTON (Reuters) - The U.S. economy

The more accurate Household Survey, which is used to determine
unemployment
figures and also includes data on the self-employed in its new jobs
report,
shows just under 500,000 new jobs.

Yes, agreed. There's a lot of people who are "self-employed" now since
they haven't been able to find a job working for someone else.

It likely means they're using the equity in the retirement account,
house or BOAT to finance a way to produce some household income.


Equity loans are not considered income in the household survey.

More jobless recovery
 

"Harry Krause" wrote in message
news:c3dhc2g=.e4981df578ad06f2310437d4a8199e38@107 6095647.nulluser.com...
jps wrote:

In article ,
says...

"Harry Krause" wrote in message
February 6, 2004
Fewer Jobs Than Expected Created in January, Report Says
By REUTERS

Filed at 9:10 a.m. ET

WASHINGTON (Reuters) - The U.S. economy

The more accurate Household Survey, which is used to determine
unemployment
figures and also includes data on the self-employed in its new jobs
report,
shows just under 500,000 new jobs.

Yes, agreed. There's a lot of people who are "self-employed" now since
they haven't been able to find a job working for someone else.

It likely means they're using the equity in the retirement account,
house or BOAT to finance a way to produce some household income.

jps


You've hit that nail on the head.

Only if that nail was on top of Harry's head. Equity loans don't count
towards income in the household survey.

More jobless recovery
 

"Harry Krause" wrote in message
...


How delightful...put up a post showing yet another area in

Your post was a story out of Reuters written by a biased reporter who quoted
biased "experts" (Tenengauzer )... "experts" who have been shown to
compromise their ethics and responsibility as "objective" analysts whenever
it's in the best interest of their particular political agenda.

http://www.israeleconomy.org/nbn/nbn344.htm

More jobless recovery
 

"John H" wrote in message
...
On Fri, 06 Feb 2004 20:33:09 -0500, Harry Krause
wrote:

John H wrote:

On Fri, 06 Feb 2004 16:51:49 -0500, DSK wrote:

John H wrote:

You (and I) will have to plan on adding Sept and Oct to the "handout
list" if the dems get us socialized the way they'd like.

You mean "the dems" that recently ran up the biggest deficit in the
shortest time
of any period in history?

DSK

If the dems try to give everything they're promising now, we've seen
nothing yet!

Let's see, free health care for all, free college for all, free drugs
for all, subsidized or free housing for all -- hell, we won't have to
work for anything, it'll all be free!


Isn't that why you joined the military? Free health care, free college,
free prescriptions, subsidized housing...such a deal...was it good for
you?

Free? I'm sorry, but our veterans*earn* those benefits. They're not
"free". "Free" is sucking on the tit of dues-paying union members.

More jobless recovery
 

"thunder" wrote in message

One figure (as of 1973) that stuck in my mind to this day is this: of
all
thirty-year military retirees, only 3% live to age 60. That's a cost of
serving, too.

Damn, were any reasons given for the rate?

No specific conclusions at the time, and I don't know if data supported a
later conclusion, or if the circumstances have changed. JohnH may have
access to some current info.

Speculation at the time centered around a combination of stress and aging,
and possible long term effects of earlier toxic exposures. Although the
subjects in question were not considered aged, they were what you'd call
"firmly middle aged" bg Typical 30-year retiree was aged about 50, give
or take. These folk would have entered service during or shortly after
WW-II, and may have been involved in testing or work environments in the
immediate post-war era and through the fifties that were not fully
understood at the time.

The interesting point was that at the same time (1973 or so), 20 year
retirees enjoyed substantially greater longevity, on average. I can't
recall the figure, but apparently it was that first ten years, including
WW-II, that really hurt. Although many speculated it was that last ten
years of putting up with the CS that was the killer!!

At any rate, it was a hell of a price to pay.