Unemployment drops to 7.8%, labor force up. (user search)
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  Unemployment drops to 7.8%, labor force up. (search mode)
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Author Topic: Unemployment drops to 7.8%, labor force up.  (Read 4915 times)
Badger
badger
Atlas Legend
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Posts: 40,474
United States


« on: October 05, 2012, 02:53:38 PM »


Maybe mediocre jobs reports are good news in Europe, but America expects better.

So employment keeping up with population growth, your mantra for the past few months doesn't matter anymore?

I'm sorry, but cheering over 114,000 jobs being created almost half a decade after the start of the recession is downright pathetic.

This is clearly not good enough. We've had this malaise, it's not an outright recession but it's not a recovery either, for almost half a decade. It needs to change and soon before it's too late.

We have 23 million people out of work.

Politico, I realize Obama's staunchest partisans argue unemployment remains to this day 100% George Bush's problem, but at the same time do you seriously attibute every job lost after the minute he was inaugurated to be Obama's fault?
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Badger
badger
Atlas Legend
*****
Posts: 40,474
United States


« Reply #1 on: October 08, 2012, 11:45:13 AM »


Maybe mediocre jobs reports are good news in Europe, but America expects better.

So employment keeping up with population growth, your mantra for the past few months doesn't matter anymore?

I'm sorry, but cheering over 114,000 jobs being created almost half a decade after the start of the recession is downright pathetic.

This is clearly not good enough. We've had this malaise, it's not an outright recession but it's not a recovery either, for almost half a decade. It needs to change and soon before it's too late.

We have 23 million people out of work.

Politico, I realize Obama's staunchest partisans argue unemployment remains to this day 100% George Bush's problem, but at the same time do you seriously attibute every job lost after the minute he was inaugurated to be Obama's fault?

I have admitted on repeated occasions that Obama inherited a bad situation. However, he has been president and got everything he wanted his first two years. He needs to man up and take responsibility for at least the last year or two.


Okay, we might nitpick over semantics as to sweepingly saying Obama got 'everything he wanted' (e.g. he had to settle for a smaller stimulus. Package than he wanted; Lieberman almost single-handedly killed super-majority support for the public option, etc), but we basically agree.

Now the fair question is, how would you characterize economic growth and the unemployment rate over the last year or two?
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