Started By
Message

re: U.S. weekly jobless claims post largest drop in almost two years

Posted on 4/6/17 at 9:29 am to
Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 4/6/17 at 9:29 am to
quote:

Haughton99


I would like you and CollegeFBRules tell me which of these jobs are directly related to Obama policies.


General Motors revealed a $1 billion investment in U.S. factories, moving some production from Mexico to Michigan.

Hyundai announced that its subsidiaries, including the Hyundai and Kia brands, have allocated more than $3 billion for supporting their factories in Georgia and Alabama.

Walmart, already the nation's largest private employer, touted a plan to create approximately 10,000 jobs in the U.S. this year.

German chemical giant Bayer AG promised billions of dollars in research and development spending in the U.S., and committed to creating 3,000 new jobs, if its planned merger with Monsanto receives the necessary regulatory approvals to proceed.

Carrier and Ford reversed plans to move some manufacturing to other countries, in response to critical tweets from the president-elect.

Amazon (NASDAQ:AMZN) recently said it plans to create more than 100,000 full-time U.S.-based jobs over the next 18 months, which would give it more than 280,000 full-time U.S.-based employees. The 100,000 is a big number -- and announcing it is likely an attempt to appease Trump, who has criticized the company's CEO, Jeff Bezos -- but it's not actually out of character for the online retailer.

Sprint (NYSE:S) and its parent company, SoftBank (NASDAQOTH:SFTBF), have committed to adding jobs in the U.S. SoftBank has said it will invest $50 billion in the United States and create 50,000 jobs over four years. Sprint said in a recent press release that it will create or bring back 5,000 jobs to the U.S., but details for both arrangements remain in the planning stages.

SAMSUNG ELECTRONICS

The South Korean firm may build a U.S. plant for its home appliances business, a person familiar with the matter said on Feb 2.
Details, including the amount of money it might invest and where the new plant would be located, have yet to be decided, the person said.
Samsung (ssnlf, 0.00%) officially declined comment but said it has made significant investments in the United States, including $17 billion for a chip plant in Austin, Texas.

Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 4/6/17 at 9:30 am to
quote:

I challenge you to answer my last comment. I'll wait.


I said in my post that you can argue how much a President can actually affect the economy. I can tell you one thing that does drive the economy and that is Gov't spending. It drives the debt up and will cause issues down the road but it will spur the economy in the short term every time.

quote:

I'm going to bookmark this thread, and when unemployment reaches near 0, i will ask you again, how can you possibly have 0% unemployment. I suspect you will cower away from it though.


You can't have 0% unemployment. It's an virtual economic impossibility. Anything under 5% is about as good as your need for a healthy economy.

Now. Answer my question. Who was President for 98% of the months that were called a "healthy labor market" by that article?
Posted by CollegeFBRules
Member since Oct 2008
24260 posts
Posted on 4/6/17 at 9:30 am to
You can be as angry as you want, but if you can't accept 109 weeks of a healthy labor market, there's only one truly dishonest person here, and it's not me.
Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 4/6/17 at 9:31 am to
quote:

You can't have 0% unemployment. It's an virtual economic impossibility. Anything under 5% is about as good as your need for a healthy economy.


Did i not say this? My whole point is it is impossible to have that. And that the Obama admin has fudged it's numbers. Do you really beleive we were at sub 6% unemployment during Obama's last year?

Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 4/6/17 at 9:32 am to
quote:

You can be as angry as you want, but if you can't accept 109 weeks of a healthy labor market, there's only one truly dishonest person here, and it's not me.




Still avoiding answering my question. You truly are an intellectual heavyweight...
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/6/17 at 9:33 am to
a true sign of low IQ is worrying about job growth in 2017

the age of automation is here

put the dialup internet away while youre at it
Posted by LSU_Saints_Hornets
Uptown NO,LA
Member since Jan 2013
9739 posts
Posted on 4/6/17 at 9:35 am to
quote:

The article that you are masturbating over states that for the past 109 months we have had a "healthy labor market". Who was president for 98% of that time?



You think someone who is probably an uneducated white male (Trump's biggest supporters) understood the article let alone read the article?
Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 4/6/17 at 9:36 am to
quote:

Haughton99


Also, what sector was all of Obama's job gains? What types of jobs?

Go check out the CBO #'s during Obama's tenure. I used to post the numbers every month when they came out.

Retail and service industry was his biggest job creators. And part-time was the job type.

Manufacturing was on the downturn or static during his tenure.

Do you remember May 2016's job growth #'s? 16,000, later revised down to 8,000. Indicative of the Obama admin.

Also, what was not spelled out in the retail/service jobs, was how many of those lost their previous job to go work part time retail/service jobs.

And another factor not tracked by CBO was people unemployed longer than 99 weeks. After 99 weeks, you are dropped from being counted.

But i assume you already knew all of that.
Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 4/6/17 at 9:37 am to
quote:

LSU_Saints_Hornets


Young, drunk, and stupid i no way to go through life, son.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 4/6/17 at 9:39 am to
quote:

Do you really beleive we were at sub 6% unemployment during Obama's last year?


Yes. Prove we weren't.
Posted by tiger 56
Severn, MD
Member since Dec 2003
1683 posts
Posted on 4/6/17 at 9:40 am to
quote:

or the past 109 months we have had a "healthy labor market".


So going back to the Bush presidency???
Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 4/6/17 at 9:44 am to
quote:



Yes. Prove we weren't.


It's being proven right now. 250k + job growth January, February, and March. And we haven't even begun to kick off the new expansions in manufacturing, O&G, Construction, and Chemical processing. We will be sub 4% before the year is over (guaranteed) if we use the same shitty government accounting that we have been. Again, i have bookmarked this thread, and will throw it back in your face every few months.

Also, you never responded to the first post of page 2.
This post was edited on 4/6/17 at 9:46 am
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 4/6/17 at 9:45 am to
quote:

Young, drunk, and stupid i no way to go through life, son.


First person to resort to personal insults in an argument has usually lost.

Still waiting for you to reminder me who was President for 98% of the current "healthy labor market".

Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 4/6/17 at 9:47 am to
quote:

It's being proven right now. 250k + job growth January, February, and March.


That's today's news. It doesn't prove anything about prior job numbers. The rate may or may not continue to drop. I hope it does.
Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 4/6/17 at 9:48 am to
quote:


First person to resort to personal insults in an argument has usually lost.



Read through his post history... Not exactly a rocket surgeon.

quote:

Still waiting for you to reminder me who was President for 98% of the current "healthy labor market".



I'm still waiting on you to respond to who is responsible for the new wave of manufacturing and jobs coming to the US. I'm also waiting on you to tell me which Obama policies led to job creation. I also am waiting for you to post the CBO #'s during that time frame and tell me where those numbers were, correlate that with people falling out of the job market, and post your findings. My guess is you won't because a) your lazy and b) you know it will prove Obama was horrible on job creation.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 4/6/17 at 9:48 am to
quote:

So going back to the Bush presidency???


eh. Weeks. You know what I meant.
Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 4/6/17 at 9:52 am to
quote:

Haughton99


In addition to all of the other questions i've posed you that you haven't answered...

If Obama was so great on job creation, why the ever growing wage gap?

Why the disappearing of the middle class during his tenure?

If Obama and the dems are so great with the economy, then why did they lose 1100+ seats nationwide under his tenure?

Why did Trump get elected?

PS: Russians is not the answer.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 4/6/17 at 9:57 am to
quote:

you know it will prove Obama was horrible on job creation.


Just Terrible



Look, I get it. You have convinced yourself that Obama is the antichrist and was the worst President in the history of the country. You'll never give an inch because you are one of the people that treat politics like a sport and giving the other side any credit is like a Saints fan cheering for Matt Ryan. Far too many people are like that these days and it sucks for the country. Your mind is a closed book so I'm wasting my time. Have a good one.

Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 4/6/17 at 10:02 am to
quote:

Look, I get it


No, you don't.

quote:

You have convinced yourself that Obama is the antichrist and was the worst President in the history of the country.


Antichrist, no. But the 2nd part is correct. His record is convincing enough.

quote:

You'll never give an inch because you are one of the people that treat politics like a sport and giving the other side any credit is like a Saints fan cheering for Matt Ryan.


See, you don't get it. Because if you did, you'd see that I despise Republicans almost as much as I do Demcorats. I've stated it multiple times. Economy is what matters, not fairy tales and fudged numbers that area easily poked through.

quote:

Far too many people are like that these days and it sucks for the country. Your mind is a closed book so I'm wasting my time. Have a good one.


I'm a closed book, yet i've asked you specifically multiple questions in this thread going back to page 1 and you have yet to answer a single one because you can't. Your little spiel is cute, but it's not convincing. You are an Obama fanatic. You worship him, so anything negative during his term, you attribute to someone else. His rein was a failure in terms of the country.

A strong economy is the only thing that really matters in this country. And that means a strong private sector. Name me 1 policy that strengthened the private sector and diminished the power of the federal government during Obama's tenure.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 4/6/17 at 10:03 am to
(no message)
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