A dose of economic reality creeps into Freeperville?

[marmar]

....there's the usual collection of knuckle-draggers, but also some surprisingly pragmatic posts in this thread about the unemployment numbers.


The Press loves getting in teh word ‘Recession’ into any story on the economy. Only Doom, Gloom and the Death of Hope at the hands of rich white men will do for their stories.



7 posted on Friday, September 05, 2008 10:02:43 AM by txzman (Jer 23:29)
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To: Sub-Driver
If any political entity effects the economy, it’s the Legislature. People understand this. That’s why the approval rating of Congress is in the single digits.



8 posted on Friday, September 05, 2008 10:04:41 AM by keats5
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To: Sub-Driver
Students are returning to school. Wouldn’t that play a roll in this? I’m dumb when it comes to this stuff, so please excuse if it’s a stupid question. Somebody told me a long time ago, that the only stupid question, was the one you didn’t ask.



9 posted on Friday, September 05, 2008 10:05:10 AM by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: txzman
“Only Doom, Gloom and the Death of Hope at the hands of rich white men will do for their stories.”

Hard to spin a lot of the recent news in a positive light.



10 posted on Friday, September 05, 2008 10:06:57 AM by DemonDeac
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To: Sub-Driver
The US Auto industry is in the tank. That alone has to count for a lot of job loss. Ford’s market cap has almost dipped lower than Harley.



11 posted on Friday, September 05, 2008 10:08:38 AM by DungeonMaster (Proverbs 24:21 My son, fear the LORD and the king; Do not associate with those given to CHANGE)
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To: Sub-Driver
There is an unwinding happening here. Housing and other asset declines, deflated dollars and reduced purchasing power, lack of affordable energy and yes, there will be pain while we work this out. Bubbles create a huge mess when they pop and we saw it in 2000-2003 and we are seeing it now.



12 posted on Friday, September 05, 2008 10:08:39 AM by misterrob (Obama-Does America Need Another Jimmy Carter?)
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To: Sub-Driver
Last time they adjust growth up and lost jobs down. Why? Will it happen again?



13 posted on Friday, September 05, 2008 10:09:10 AM by xzins (Retired Army Chaplain -- Those denying the War was Necessary Do NOT Support the Troops!)
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To: DallasBiff
McCain/Palin should hammer the point that cheap and plentiful energy fuels our economy and that Obama is happy about the high energy costs and the resultant brakes that puts on the US economy.
Bingo - Along with the fact that the DEM Congress increased the minimum wage - Econ 101, tax something and you will get less of it for a period of time - The DEM congress put a tax on labor and we have less of it -

This issue is just sitting there for the GOP to go on the attack on - Show 06, when DEMs took control of Congress and today - The GOP is pathetic when it comes to going on the offensive on issues - Energy costs and labor costs are the two main factors for higher unemployment right now....


14 posted on Friday, September 05, 2008 10:10:57 AM by DevSix
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To: keats5
Yup...and guess what...the incumbents are running and ducking hard and fast as they screwed the economy from a 2-year .."Do NOTHING" Congress.
The Libs want socialism and will kill everyone that gets in their way.

Seems as though McLame and Zero and Mr. Gaffe aren't being asked any tough questions relating to this subject specifically about domestic energy improvements, trade deficits, unbalanced budgets, the sub-prime orgy, illegal immigration, and the open US southern border.

And what I mean is....why they did nothing to help any of the above from raping the US consumer??


15 posted on Friday, September 05, 2008 10:11:45 AM by RSmithOpt (Liberalism: Highway to Hell)
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To: Sub-Driver
Minimum wage was effective July 24th. We warned them. You have to balance a payroll and are entitled to make an investment.
Can someone tell me why kids, still in school and supported by their parents need to "make a living"?


16 posted on Friday, September 05, 2008 10:12:12 AM by Sacajaweau (I'm planting corn...Have to feed my car...)
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To: Sub-Driver
Want to turn the economy around and create the good, long-term, high paying jobs of the future?

One word. Just one word:

“Hemp.”



17 posted on Friday, September 05, 2008 10:13:30 AM by Natchez Hawk (What's so funny about the first, second, and fourth amendments?)
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To: Sybeck1
Don't forget the raise to the minimum wage....

DING DING DING....tell him what he's won, Don!

18 posted on Friday, September 05, 2008 10:13:51 AM by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: Sub-Driver
Gee, didn’t President Bush on 30 June just sign another extension of unemployment benefits? Might this not have inspired more people to sign up as unemployed.

D’oh.



19 posted on Friday, September 05, 2008 10:13:52 AM by silverleaf (Fasten your seat belts- it's going to be a BUMPY ride.)
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To: frankjr
It takes energy to run a business, to get people to work and to the store. Carter found that out when unemployment went over 10 percent, back in the days of his double digit economy, double digit inflation rates, double digit interest rates and double digit unemployment. If the Dems and greens keep blocking energy progress, we’ll get another Carter economy and worse.



20 posted on Friday, September 05, 2008 10:15:15 AM by pallis
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To: Sub-Driver
It’s all the layoffs of the dinosaur drive-by media.....



21 posted on Friday, September 05, 2008 10:15:47 AM by rewrite
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To: mass55th
summer jobs are phasing out as students who mostly fill them return to school
many unemployed lifeguards, camp counselors and ice cream sellers in my town at the moment.

Not to mention the loss of jobs in the MSM.

D’oh!



22 posted on Friday, September 05, 2008 10:16:28 AM by silverleaf (Fasten your seat belts- it's going to be a BUMPY ride.)
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To: Sub-Driver
Time for more raids on plants that are loaded with identity stealing illegal immigrants. The ‘now hiring’ billboards go up right after those raids.



23 posted on Friday, September 05, 2008 10:20:07 AM by MovementConservative (John Roberts and Sam Alito.... Thank you GWB)
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To: mass55th
Students are returning to school. Wouldn’t that play a roll in this?
The unemployment numbers are "seasonally adjusted" to take into account summer employment.


24 posted on Friday, September 05, 2008 10:22:03 AM by Doe Eyes
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To: DallasBiff
Obama is happy about the high energy costs
aw c'mon. He is not. he has been railing against the high gas and food cost.


25 posted on Friday, September 05, 2008 10:24:57 AM by am452 (Pres Bush: Why more importance on protecting Georgias border than our own?)
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To: mass55th
Most students would not be included in the equation. It only includes those who are currently looking for a job.



26 posted on Friday, September 05, 2008 10:28:29 AM by GeoPie
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To: am452
aw c'mon. He is not. he has been railing against the high gas and food cost.
Obama: I’d like higher gas prices, just not so quickly


27 posted on Friday, September 05, 2008 10:29:39 AM by DallasBiff
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To: Sub-Driver
In other news today employment is at 94%...



28 posted on Friday, September 05, 2008 10:33:08 AM by tubebender (Why does a round pizza come in a square box?)
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To: Sub-Driver
Don’t forget the MSM is having to shed jobs! They chose the wrong side to put their money on — liberal Democrats and now Obama.

Our unemployment rate in Oklahoma is low, very low compared to a lot of places. Our rate in July was 4.5% lower then any state surrounding Oklahoma. Why? Oil and gas and aviation make Oklahoma pretty recession proof.

We have become the location of a host of military aerospace companies. You want a job in aerospace, come to Oklahoma — they are looking for aerospace, electrical, and mechanical engineers. Have a list of all aerospace companies doing business in Oklahoma and it is page after page.

The rate in my County, Cleveland, is 3.4% and in Oklahoma County north of us 4.3%. There are help wanted signs everywhere I drive in this area. This year OU students can pick and choose where they want to work.



29 posted on Friday, September 05, 2008 10:34:20 AM by PhiKapMom ( VOTE FOR McCAIN/PALIN2008! McCainNow.com; LetsGetThisRight.com)
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To: silverleaf
The numbers are seasonally adjusted.

There really is no good way to spin this. It's bad, very bad, and will overshadow anything good that came out of St. Paul this week. This will get flogged enthusiastically by the Democrats and the press, and blamed on Bush. It doesn't matter whether it's adjusted later, it doesn't matter what any other fundamentals are, this is very bad news for the McCain candidacy...

Press Release from the Labor Department

"The unemployment rate rose from 5.7 to 6.1 percent in August, and non-farm payroll employment continued to trend down (-84,000), the Bureau of Labor Statistics of the U.S. Department of Labor reported today. In August, employment fell in manufacturing and employment services, while mining and health care continued to add jobs. Average hourly earnings rose by 7 cents, or 0.4 percent, over the month."


http://www.freerepublic.com/focus/f-news/2075277/posts

[ogneopasno]

1. Wonder what they thought when McCain

started talking about paying benefits to match people's old wages as they trained in new jobs. The looks on people's faces in the RNC crowd were priceless.

[marmar]

2. The looks were priceless because they knew he was full of sh*t......

I'm suprised he could get that line out with a straight face.

[Union Thug]

3. Minimum wage and unemployment...rrrrigghttt.

Geez, can they possibly parade out any more of the discredited fantasies with a straight face? To wit, when you look at the statistics, a rise in the mininum wage is followed either by a boost to the economy, or no change. The only exception (and again, this is just relying on my memory) was one time in the 70s (as we were suffering from the economic blow-back from the VN war). Yes, they consider paying people a decent wage a 'tax.' Assholes.

[Javaman]

4. man, reading some of those replies just have me brain freeze. nt

[madrchsod]

5. maybe 1% of them may have a clue

99% of those posts are perfect examples of not being able to think critically about a complex issue.

[Lorien]

8. Yep-the hemp guy was the only one I saw. n/t

[tsuki]

6. I am trying to wrap my brain around this one.

"Retired Army Chaplain -- Those denying the War was Necessary Do NOT Support the Troops!"

Is this guy a retired army chaplain?

[Lorien]

7. These people are STILL completely delusional

Colonel Sanders got into office and they are blaming Planet Smoothie for the huge jump in the price of poultry :crazy: . And the jump in the minimum wage driving down the economy? Bzzzzt! Wrong; historically that has NEVER been the case. Give people more money and they spend more. Simple economics. If THEY didn't think that this worked they would not have backed the stimulus package.

[crickets]

9. "blamed on Bush"?

There really is no good way to spin this. It's bad, very bad, and will overshadow anything good that came out of St. Paul this week. This will get flogged enthusiastically by the Democrats and the press, and blamed on Bush.

Well, of course he will be blamed. He supposedly has been running the country for the past eight years, right? This after someone else was lambasting Carter for the economy during his term... oh, it was okay to jump all over Carter, but little Georgie? Blameless, naturally. The willful lack of accountability toward those responsible for driving the country into the ditch makes my head hurt.

At least they've noticed the economy sucks and is only going to get worse. That is progress of a sort.

[krispos42]

10. The Senate Republicand filibuster at a record-smashing pace

THAT is why Congress' approval is so low. They broke the 24-month filibuster record in 11 months! They've been blocking time and time again legislation that passed the House and that a majority of Senators would vote for.

Senate Republicans are the reason Congress' approval ratings are low (which are never, ever high to begin with anyway). People are blaming the Senate as a whole because of the the obstructionist Republicans filibuster.