BillsFan-4-Ever Posted October 10, 2012 Posted October 10, 2012 (edited) The numbers are what they are. They are ALL based on the same criteria used when He Who Must Not Be Named was in office. Those people dumped off of unemployment after 16 months were not counted as well in 2002 to 2004. Funny (actually it's not) how these hypocrites say the accounting is fixed when they had NO problem using the same formulas when the # was above 10%. As to population growth? It will take the population born in 2012 18 to 20 years before they become a true statistic. But most important - The population growth has been decreasing, but hey who needs real facts (May 2012) Between 2010 and 2011, the U.S. population increased by 0.7 percent, after averaging 0.9 percent growth each year from 2000 through 2010.1 The United States added just 2.3 million people from 2010 to 2011, compared with 2.9 million from 2005 to 2006, just five years earlier. The decline in U.S. population growth is likely due to a confluence of factors: lower levels of immigration, population aging, and declining fertility rates. http://www.prb.org/Articles/2012/us-population-growth-decline.aspx It's been clear since the census 2011 estimates were released on December 21, 2011, that we are experiencing something of a demographic change, at least in the short run. Clearly growth is slowing down in part, many believe, due to economic reasons, as was the case during the 1930s as well as the 1970s. http://www.newgeogra...rm-deceleration Edited October 10, 2012 by BillsFan-4-Ever
CosmicBills Posted October 10, 2012 Posted October 10, 2012 Alcohol Tolerance IQ Penis Length Stamina Keep looking dude, there's gotta be something you can beat me at :lol:
/dev/null Posted October 11, 2012 Posted October 11, 2012 http://www.france24.com/en/20121010-fedex-cut-thousands-workforce Looks like a normal layoff getting the numbers down via early retirements and not replacing natural losses via attrition. But FedEx and UPS are a good indicator of the economy in general. If they're cutting back it's a sign the economy is slowing down again
Chef Jim Posted October 11, 2012 Posted October 11, 2012 http://www.france24....sands-workforce Looks like a normal layoff getting the numbers down via early retirements and not replacing natural losses via attrition. But FedEx and UPS are a good indicator of the economy in general. If they're cutting back it's a sign the economy is slowing down again Especially before the holidays.
Duck_dodgers007 Posted October 11, 2012 Posted October 11, 2012 http://www.france24.com/en/20121010-fedex-cut-thousands-workforce Looks like a normal layoff getting the numbers down via early retirements and not replacing natural losses via attrition. But FedEx and UPS are a good indicator of the economy in general. If they're cutting back it's a sign the economy is slowing down again Yes, Europe is a mess and that hurts China and both those places being down hurt us. Nothing to do with Obama. I agree with you that those two companies are bell weathers of the economy in a way
meazza Posted October 11, 2012 Posted October 11, 2012 Yes, Europe is a mess and that hurts China and both those places being down hurt us. Nothing to do with Obama. I agree with you that those two companies are bell weathers of the economy in a way But I thought Europe was getting better? Wasn't that the insightful analysis you gave us not long ago? Could it be you were wrong???
Duck_dodgers007 Posted October 11, 2012 Posted October 11, 2012 But I thought Europe was getting better? Wasn't that the insightful analysis you gave us not long ago? Could it be you were wrong??? And maybe I was wrong, so it's Obama's fault?
DC Tom Posted October 11, 2012 Posted October 11, 2012 But I thought Europe was getting better? Wasn't that the insightful analysis you gave us not long ago? Could it be you were wrong??? Nope. He's just evolving.
meazza Posted October 11, 2012 Posted October 11, 2012 And maybe I was wrong, so it's Obama's fault? When did I blame Obama you !@#$ing idiot. I'm mocking you because you have stated over and over again that Europe is getting their act together. What's even funnier is that you believe that Europe pumping more and more stimulus as well as artificially backing a failed currency will be effective.
BillsFan-4-Ever Posted October 11, 2012 Posted October 11, 2012 (edited) Foreclosures hit 5-year low http://money.cnn.com....html?hpt=hp_t3 NEW YORK (CNNMoney) -- The wave of foreclosures hitting the nation's housing market has been much less severe than anticipated, with foreclosure filings at their lowest level in five years last month, according to a report out Thursday. Foreclosure filings -- including default notices, scheduled auctions and bank repossessions -- were reported on 180,427 properties in September, a 7% decline from August and down more than 16% from a year earlier, according to a report released Thursday by RealtyTrac, an online marketer of foreclosed properties. That's the lowest number of filings since September 2007. Lenders put the brakes on many foreclosures as their procedures were put under the microscope after the robo-signing scandal came to light in September 2010. The mortgage settlement had cleared the way for them to proceed again by laying out clear guidelines on how they could pursue borrowers who had missed payments and clear their backlogs of delinquent loans. Part of the reason for the overall improvement is that the government's and the banks' efforts to prevent homeowners from falling into foreclosure have taken hold. The government sponsored Home Affordable Modification Program has helped more than a million borrowers obtain more affordable mortgages. It's Obama's fault. robo-signing http://en.wikipedia.org/wiki/2010_United_States_foreclosure_crisis#Robo-signing_controversy Edited October 11, 2012 by BillsFan-4-Ever
Oxrock Posted October 11, 2012 Posted October 11, 2012 (edited) http://www.cnbc.com/id/49371146 More good news: In other economic news, the U.S. trade deficit widened in August as exports fell to the lowest level in six months, a worrisome sign that a slowing global economy is cutting into demand for U.S. goods. Ha, just posted the bad stuff... Here's the real point of the story: The number of Americans seeking unemployment aid plummeted to 339,000 last week, the lowest level in more than four years. The sharp drop offered a hopeful sign that the job market could pick up. Edited October 11, 2012 by Oxrock
GG Posted October 11, 2012 Posted October 11, 2012 The IT sector has been taking it on the nose in the last month, and news won't get better once earnings get in full swing. The biggest surprise so far is that US is decelerating. So much for the hope of the Fall of Recovery. I blame Wannstedt.
IDBillzFan Posted October 11, 2012 Posted October 11, 2012 http://www.cnbc.com/id/49371146 More good news: Ha, just posted the bad stuff... Here's the real point of the story: Labor Department reporting this morning that the massive drop in unemployment claims is because data is missing for one "large" state. No, I'm not kidding. But the headline is out there for the morning, so the adjustment next week won't be seen by anyone. http://stream.wsj.com/story/markets/SS-2-5/ This is genuinely starting to get embarrassing. Between adjusted unemployment rates, a completely FUBAR'ed Libya situation and today's sudden drop in claims because they missed a "large" state, the administration is stuck somewhere between cover up and incompetency...which is kinda like choosing a sex partner from either Helen Thomas or Janet Napolitano.
GG Posted October 11, 2012 Posted October 11, 2012 Labor Department reporting this morning that the massive drop in unemployment claims is because data is missing for one "large" state. No, I'm not kidding. But the headline is out there for the morning, so the adjustment next week won't be seen by anyone. http://stream.wsj.co...markets/SS-2-5/ This is genuinely starting to get embarrassing. Between adjusted unemployment rates, a completely FUBAR'ed Libya situation and today's sudden drop in claims because they missed a "large" state, the administration is stuck somewhere between cover up and incompetency...which is kinda like choosing a sex partner from either Helen Thomas or Janet Napolitano. You mean this link.
DC Tom Posted October 11, 2012 Posted October 11, 2012 You mean this link. Cliffs notes? I'm not paying to read that link.
IDBillzFan Posted October 11, 2012 Posted October 11, 2012 Cliffs notes? I'm not paying to read that link. This is from the stream link I posted earlier, but somehow became an odd link. Coming on the heels of Friday’s monthly numbers, and the row that ensued after former GE CEO Jack Welch blasted the report’s validity, this number is sure to raise eyebrows, and indeed already is doing so. But there’s an explanation. A Labor Department economist told Dow Jones that a big part of the decrease came about because one “large” state — they didn’t specify which one — didn’t report “additional quarterly figures as expected.” So while it may seem like one state reported fewer layoffs, that isn’t the case. It was purely a function of missing data, and next week the glitch should be smoothed out of the data. The state in question wasn’t specified. Now, that isn’t likely to sate the haters, but, hey, it is what it is. Stock futures rose after the numbers hit the Tape, and Dow futures lately are up 52 points as the market tries to rebound from three consecutive losing sessions. The bulls, reaching for any good news at this point, is about to look this gift horse in the mouth. Hey, maybe even there’s been a turn here in the labor market. Maybe. “We’re not sure what to think,” BTIG analyst Dan Greenhaus wrote. ” Between the employment report (which was not totally amazing) and today’s jobless claims report, the suggestion is that there’s something going on in the labor market that thus far we haven’t seen. Are things thatmuch better all of a sudden? Perhaps. But we’re going to wait for some corroborating data points before making a judgment one way or the other.” “Throw out the number and we’ll try again next week,” Miller Tabak strategist Peter Boockvar wrote.
3rdnlng Posted October 11, 2012 Author Posted October 11, 2012 MSN has this article still posted, without any mention of the one large state not reporting figures: http://money.msn.com/business-news/article.aspx?feed=OBR&date=20121011&id=15660648 They do mention how it might be helpful to Obama in the upcoming election though.
BillsFan-4-Ever Posted October 11, 2012 Posted October 11, 2012 Facts you can't ignore, yet will try to spin them - the unemployment rate (a calculation used for a very long time) is down to a 4 year low, foreclosures are down to a 5 year low, and the markets are up a near full recovery from the 2008 stock market crash. ALL under Obama, who many of you wanted to see FAIL.
meazza Posted October 11, 2012 Posted October 11, 2012 Facts you can't ignore, yet will try to spin them - the unemployment rate (a calculation used for a very long time) is down to a 4 year low, foreclosures are down to a 5 year low, and the markets are up a near full recovery from the 2008 stock market crash. ALL under Obama, who many of you wanted to see FAIL. Cool story bro.
DC Tom Posted October 11, 2012 Posted October 11, 2012 Facts you can't ignore, yet will try to spin them - the unemployment rate (a calculation used for a very long time) is down to a 4 year low, foreclosures are down to a 5 year low, and the markets are up a near full recovery from the 2008 stock market crash. ALL under Obama, who many of you wanted to see FAIL. You know what's funny? 1) You completely ignoring the story about the possibility that the jobs data is incomplete, to crow "But it's still a good report!" 2) Me, five years ago, predicting that foreclosures would drop by late 2012, based on the structure of the housing market, and you somehow pretending Obama has something to do with it. 3) You crowing about something as completely irrelevant as the stock market as a measure of the president's success. You really are an idiot.
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