|
SuzukiSavage.com
/cgi-bin/YaBB.pl General Category >> Politics, Religion (Tall Table) >> Lowest since When? No kidding!??! /cgi-bin/YaBB.pl?num=1533861082 Message started by justin_o_guy2 on 08/09/18 at 17:31:22 |
|
Title: Lowest since When? No kidding!??! Post by justin_o_guy2 on 08/09/18 at 17:31:22 Prior to the Trump presidency, unemployment claims have not been this low since the 1970s. Quick, everyone! Thank Obama.. You Know he really is the one who deserves credit. |
|
Title: Re: Lowest since When? No kidding!??! Post by eau de sauvage on 08/09/18 at 18:50:30 http://https://data.bls.gov/generated_files/graphics/latest_numbers_LNS14000000_2008_2018_all_period_M07_data.gif https://data.bls.gov/timeseries/LNS14000000 While there has been a generally downward trend over the past 17 years, the trend accelerated during the Obama years as seen by a more smooth and precipitous dip, and hit a slight bump during the Trump years as seen in a small slowdown in the slide to lower unemployment. I rest my case. Give it up JoG, you only seem to open your mouth in order to put your foot in it. Do some basic f.ucking research before repeating Trumps twitter feed FFS. Look what it was when Obama came in, and what it was when he handed it over to Trump, what makes you think that had Obama continued it would not be at least what it is now and more than likely better. Wait till the tariff effects hit. It's going to take a while for the chaos that Trump has set in motion to be reflected in the figures. |
|
Title: Re: Lowest since When? No kidding!??! Post by Eegore on 08/09/18 at 19:02:39 I'd be interested in seeing the comparison. Where did this lowest since the 70's information come from? I mean I can say its the lowest since 1934, so lets just go with that. |
|
Title: Re: Lowest since When? No kidding!??! Post by eau de sauvage on 08/09/18 at 19:40:13 eegore, Exactly. You know the religious injunction about 'money being the root of all evil', you know where that came from, that was from a time when it was inconceivable that the future could be better than the past, it was before the concept of economic growth was understood. It was from a time when all the wealth of the world was like a big pie. This means that in order for someone to have a bigger slice of pie that meant necessarily is must follow that someone must get a smaller bit of pie. If someone got wealthy others must suffer. Then there was a revolution in human thinking. Of banking, of investing of growth people understood that the pie can actually get bigger. And this is what happened with countries like America who welcomed immigrants. With more immigrants they could make bigger and more pies and there were more people to eat the pie and sell the pies to. This is what is crazy about Trump playing on the deep reptile part of the brain that fears the other. The fear of 'they're taking our jerbs'. The pie will always get bigger even as the amount of people in the world increase. So the Dow Jones will on the whole always grow. For Trump to claim America is richer than it was in the past is just ludicrous if it is meant to imply that anything that Trump implemented must therefore be good. That growth, which would happen anyway is somehow a justification for anything. And that is exactly what JoG is wanting everyone to believe. He wants to justify cruelty by pointing to a meaningless figure out of context and using that to justify what everyone knows to be wrong. And when I say 'everyone' what I mean by that is that everyone knows instinctively what is right and what is wrong because they know full well how they wish to be treated. Trump knows how his wife wishes her parents to be treated. In fact Melania, Trump's wife, got her Slovenian parents a green card and they have just been naturalised as US citizens using the very same laws that Trump himself has railed against. Trump calls it 'chain migration', when applied to others but it's called 'family reunification' when applied to himself. https://www.nytimes.com/2018/08/09/nyregion/melania-trumps-parents-become-us-citizens.html |
|
Title: Re: Lowest since When? No kidding!??! Post by T And T Garage on 08/09/18 at 21:01:50 4B545255484F7E4E7E46545813210 wrote:
You seem to miss the point that it's about trajectory before the orange idiot got into office. He woke up on third base and called it a home run. |
|
Title: Re: Lowest since When? No kidding!??! Post by justin_o_guy2 on 08/09/18 at 22:58:33 unemployment claims have not been this low since the 1970s. claims Not rate |
|
Title: Re: Lowest since When? No kidding!??! Post by eau de sauvage on 08/09/18 at 23:56:11 26393F3825221323132B39357E4C0 wrote:
Er yes of course, the only difference between Jobless Claims and Jobless Rate is the the former is immediate and it takes time before it trickles down to the latter. Since the unemployment rate has been falling steadily for the past 17 years and seeing as during Obama's reign, it fell from 8 to 4 approx, he could have made the same claim continuously. You want to point to long term but at the same time you want to point to immediate effect. This is EXACTLY what Trump does, when the Dow goes up he want's to claim 'highest stock market evah' but the next week when it collapses in the biggest one day fall since the 2008 crisis, there's a deafening silence. The real effects of Trump's policies regarding his trade war with allies will not become apparent for quite some time. He has already had to bail out farmers with 12 billion dollars and that's just the immediate effects. But you've already stated that you have sucked up the propaganda by saying 'I'm prepared for some pain, to do what has to be done'. Well what's actually happening is that you're going to get the pain that comes from giving millionaires massive tax cuts. The Republicans have been whinging about the deficit but they've just caused the biggest deficit in us history by adding 1.2 Trillion to the debt. http://thehill.com/policy/finance/382319-gop-tax-law-will-add-19-trillion-to-debt-cbo https://www.afr.com/markets/market-data/bonds/us-set-to-sink-1-trillion-further-into-debt-this-year-20180204-h0tgff |
|
Title: Re: Lowest since When? No kidding!??! Post by T And T Garage on 08/10/18 at 05:11:43 726D6B6C71764777477F6D612A180 wrote:
Claims or rate is not the point. You think the trajectory means nothing? What were these numbers prior to circus peanut? |
|
Title: Re: Lowest since When? No kidding!??! Post by Eegore on 08/10/18 at 05:49:59 There's zero evidence presented that claims are the lowest since the 1970's. As such I am stating they are the highest since 1904. Lets get into an argument over that and see where it goes. |
|
Title: Re: Lowest since When? No kidding!??! Post by verslagen1 on 08/10/18 at 09:08:11 JOG, don't you mean Labor Force Participation? https://www.bls.gov/opub/mlr/2016/article/labor-force-participation-what-has-happened-since-the-peak.htm |
|
Title: Re: Lowest since When? No kidding!??! Post by LostArtist on 08/10/18 at 10:07:06 6E7D6A6B74797F7D7629180 wrote:
Even so, the arguments others have made still stand. the trajectory has been heading down for some time now and if you actually look at this graph, from that article you linked http://https://www.bls.gov/opub/mlr/2016/images/hipple-fig1.png it looks like there's a slightly leveling happening if not an uptick, since 2016 |
|
Title: Re: Lowest since When? No kidding!??! Post by verslagen1 on 08/10/18 at 10:19:55 You'd think they would have 2017 data by now. |
|
Title: Re: Lowest since When? No kidding!??! Post by justin_o_guy2 on 08/10/18 at 10:34:03 Labor force participation needs to be high. |
|
SuzukiSavage.com » Powered by YaBB 2.2! YaBB © 2000-2007. All Rights Reserved. |