Over 500,000 jobs lost due to CHANGE!

[asur]

They now brag about the fact that it's getting better.
The economy that is. Who is they?

Stockbrokers, the liberal news and Obama.

But lets be real, that's more than 500,000 jobs lost in one month, that will not be replaced.

Unemployment even by "their" numbers is now ~ 9%.
But it's really higher when you count the unemployed now
working part time, God Bless them and of course the illegals, etc.

Let us wait and see job increases, before we brag.

Hello! these are not good numbers and there is no end in sight.

Brother - it's not gonna get better with Obama in charge.
Higher taxes, less consumer spending and bad policies will result
in unending job losses.

It's called change!

 

[ASPCA4EVER]

Asur said: Brother - it's not gonna get better with Obama in charge. Higher taxes, less consumer spending and bad policies will result
in unending job losses.

He'll be around for the next 4 years...GET OVER IT...or spend some time trying to figure out how the Republicans ran us into this ditch in a quick short 8 years and then I'll give your 'bad attitude' some merit...LMAO

 

[asur]

No president has caused job losses at these historically high levels.

It's really worse than the numbers. Obama did create some government jobs, but
those aren't real jobs.

There is a domino effect to the real job losses. It gets worse, not better.

Where is the outrage, I don't know?

But nobody really believes it's getting better.

Tell that to the unemployed folk that Obama laid off.


Already if we are honest we see "The Change!"

 

[samsara15]

Actually, the job losses were less than expected. If you Chicken Littles are correct, we'll go Right. You haven't been correct very often lately.

The stock market has been going back up.

Many people are getting to be a little bit optimistic.

Isn't that horrible, to a Rightie?

It may not last, and then maybe you can be happy again. Until then, most of us hope it continues to gradually show signs of improvement.

 

[The Scotsman]

Nonfarm payroll employment continued to decline in April (-539,000), and the unemployment rate rose from 8.5 to 8.9 percent. Since the recession began in December 2007, 5.7 million jobs have been lost. In April, job losses were large and widespread across most private-sector industries. Overall, private-sector employment fell by 611,000

Employment in manufacturing fell by 149,000 over the month, with widespread
job losses among the component industries. Three durable goods industries--
transportation equipment (-34,000), fabricated metal products (-29,000), and
machinery (-22,000)--accounted for more than half of the decline. Since
September 2008, manufacturing has lost 1.2 million jobs.

Construction employment declined by 110,000 in April, with losses spread
throughout the sector. Over the past 6 months, job losses have averaged
120,000 per month, compared with 46,000 per month from December 2007 through
October 2008,

The professional and business services industry lost 122,000 jobs in April.
This industry has shed an average of 139,000 jobs per month since October 2008.
Half of the April decline occurred in temporary help services.

Employment in retail trade fell by 47,000 in April. Job losses in department
stores (-14,000), automobile dealers (-9,000), and building material and garden
supply stores (-8,000) accounted for most of the decline. Wholesale trade em-
ployment was down by 41,000 over the month, with much of the decrease among dur-
able goods wholesalers.

Employment in transportation and warehousing declined by 38,000 in April,
with losses concentrated in truck transportation (-16,000) and warehousing and
storage (-8,000). Employment in financial activities declined by 40,000 over
the month. Job losses occurred throughout the sector, including real estate and
rental and leasing (-15,000) and credit intermediation and related activities
(-14,000). The leisure and hospitality industry lost 44,000 jobs in April.

Health care employment grew by 17,000 in April. Job gains in health care
have averaged 17,000 per month thus far in 2009, down from an average of 30,000
per month during 2008. Employment in federal government rose by 66,000 over the
month largely due to the hiring of temporary workers for Census 2010 preparatory
work.

Unfortunately it seems that although there are some signs that order books are starting to improve slightly unemployment will get worse before it gets better...... Cold comfort but its the same in the UK too!

 

[asur]

All the bailouts and the stimulus spending has produced no real results.
Car sales tanked in April, after all those bailouts.

Yes the stock market has gone upward recently, but it really
hasn't. We were at the 8000's on the Dow over 12 years ago.
Back when Clinton was president. So lets' not get giddy.

Obama will make the future bleaker for the children.
Why?

Now the Obama Admin is working on more government spending of this
type that doesn't work.

Yes children may start crying for their mother's milk in the US eventually, but there
bellies will go hungry at night.

It's called CHANGE!

 

[The Scotsman]

All the bailouts and the stimulus spending has produced no real results.

.....don't suppose these economic measures show results overnight.

 

[asur]

Don't listen to NBC, ABC and MSNBC because they purposely lie!

In next few months all this undeserved optimism will
turn to dispair. The stimulus is not working at all!

If you live in the real world as a real person
you will know this already. If you are sitting
on the couch collecting unemployment checks you may not
notice.

But in over 20 years in my business, business
has never been this bad. Nothing like it!
I see pain coming in my business and my business employs
millions.

Gov't created this problem.
The Obama policies are causing real pain and lost jobs.
There is no economy in the US, it's a joke.

The joke is called change!

 

[Andy]

He'll be around for the next 4 years...GET OVER IT...or spend some time trying to figure out how the Republicans ran us into this ditch in a quick short 8 years and then I'll give your 'bad attitude' some merit...LMAO

So under republicans things were 'bad', and now under Obama things are 'worse', but we should "get over it" because it's ok when Obama runs the country into the ground?

 

[Andy]

Actually, the job losses were less than expected. If you Chicken Littles are correct, we'll go Right. You haven't been correct very often lately.

The stock market has been going back up.

Many people are getting to be a little bit optimistic.

Isn't that horrible, to a Rightie?

It may not last, and then maybe you can be happy again. Until then, most of us hope it continues to gradually show signs of improvement.

ooooo less than expected. Not hard when the liberals were claiming it was going to be a nation ending depression. When you set the expectations so low, it's pretty easy to beat the expectations. Going back up? You realized it's not even back to where it was in late February? Not to mention the fallout from Chrysler's bankruptcy hasn't hit. Plus, it's rumored that GM will end up in bankruptcy too.

You think we're on the rebound because some stocks have gone up in price a little bit? Don't be so foolish. We might be on the rebound, and we might not. Stocks going up a little is not an indicator.

 

[Mr. Shaman]

They now brag about the fact that it's getting better.
The economy that is. Who is they?

More-than-likely, the folks who're cleanin'-up after BUSHCO.​

February 19, 2004

"The wealth gap between the rich and poor and the sluggish job market in the United State are looming as major problems for President George W. Bush as he campaigns for another term in office, analysts here say.

According to the latest figures, the wealth gap has been growing over the past decade, despite a boom in housing and the stock market, while the job situation, another important economic indicator, has also worsened.

While the findings are unlikely to feature highly in the ongoing heated debate between Democrats and Republicans in the run-up to the November presidential election, experts say it is likely to have a psychological effect on consumers already worried about job losses.

Increasingly the focus in debates between Democratic contenders for Bush's job and between the president and the opposition has been the unemployment rate.

Under Bush's presidency, the unemployment rate has shot up from 4.2 percent in 2001 to 5.6 percent now, a 33 percent increase, and above the five percent rate that many economists consider to be the natural jobless rate.

On Wednesday, White House Spokesman Scott McClellan stressed Bush's record on job creation. At a press briefing in Washington he told reporters that more than 366,000 jobs were created in the last five months.

The unemployment rate continues to decline, he said. It is now at the lowest point it has been in two years, and it is below the average of the '70s, '80s, and '90s.

But the U.S. Labor Department reported that only 1,000 jobs were gained in December, far below the expectations of some experts, who had predicted growth of 150,000 posts.

The White House on Wednesday refused to repeat forecasts that the administration will be able to add 2.6 million jobs to the economy by the end of this year."​

To be fair, this was probably back in your Elementary School playground-days, asur.

​

 

[Andy]

More-than-likely, the folks who're cleanin'-up after BUSHCO.



To be fair, this was probably back in your Elementary School playground-days, asur.

​

Well it's interesting you post something that shows how much better things were under Bush.

Note how employment "shot up" to 5.4%? First, that happened because Bush increased unemployment benefits, and shockingly people stayed on unemployment longer. ... Duh....

Then I love the 5.4%. Right now we're over 9% unemployment, and thanks to Obama, it's projected to reach 12%.

OH YES! Shaman you are soooo right. 9% unemployment is WAY better than Bush's 5%. We need more Obama... let's see if we can hit 12%!!!

 

[ASPCA4EVER]

So under republicans things were 'bad', and now under Obama things are 'worse', but we should "get over it" because it's ok when Obama runs the country into the ground?

Andy, I'm going to go out on this limb: you are most likely a republican {dyed in the wool GOP} BUT...you have active brain cells that could/should look at the historical time line from G.W.B. first days in office until the day that he left and slowly look at the slide that the economy was taking...and then go back and look at that same time line as just 'JOHN Q. PUBLIC' {no party affiliation what-s0-ever} does the time line and indicators change just because you are just 'JOHN Q. PUBLIC'...nope...the roller-coaster ride ended up in the same place...DERAILED and in the DITCH!

But continue to beat that redundant 'DRUM' of "DON'T BLAME G.W.B. and Company" all that you want...it won't change the way that history will write the REASONS WHY! GET OVER IT!!!

 

[Mr. Shaman]

...nope...the roller-coaster ride ended up in the same place...DERAILED and in the DITCH!

.....aka BUSHCO'd!!!!!!!!!!​

 

[Andy]

Andy, I'm going to go out on this limb: you are most likely a republican {dyed in the wool GOP} BUT...you have active brain cells that could/should look at the historical time line from G.W.B. first days in office until the day that he left and slowly look at the slide that the economy was taking...and then go back and look at that same time line as just 'JOHN Q. PUBLIC' {no party affiliation what-s0-ever} does the time line and indicators change just because you are just 'JOHN Q. PUBLIC'...nope...the roller-coaster ride ended up in the same place...DERAILED and in the DITCH!

But continue to beat that redundant 'DRUM' of "DON'T BLAME G.W.B. and Company" all that you want...it won't change the way that history will write the REASONS WHY! GET OVER IT!!!

Can't stand republicans. When Bush came into office, the economy was in a recession. 9/11 didn't help. Between tax cuts, and specific reforms, the economy was allowed to recover. In 2007 the housing bauble, caused by prior administration policies to promote minority home ownership, exploded.

Obama has taken what should have been a short market correction, and has dragged it out with bad policy that will cost us trillions of dollars, plus inflation, plus higher taxes and more government interference in the future.

Obama has not done one positive thing except giving the green light to whack a couple of Somalia Pirate thugs.