[FairfieldLife] Re: Job openings rise to highest level in 16 months
--- In FairfieldLife@yahoogroups.com, Bhairitu noozg...@... wrote: do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: Gee, I don't see any dollar signs there saying how much these jobs pay. Probably not what people were used to getting: http://www.msnbc.msn.com/id/37539487/ns/business-personal_finance/ I don't see a coming fuedal society either. The overall economy is in much better shape than it was when Obama took office 16 months ago. Hate to sound like Willy but maybe you should read the article first before commenting on it. So are you remote viewing the US economy from Brazil? Don't give up your day job to be an economist anytime soon. Maybe you can first provide verifiable objective evidence for your nutcase conspiracy theories that include that the USA is headed for a fuedal society controlled by an evil cabal ... and then you can refute my comments *after* you read the following: Since Obama took office in January 2009: ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087sid=a7iQTrYFwTtY ~~U.S. Economy Gets Lift From Stimulus~~ Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html ~~Germany, France out of recession~~ Guardian [UK]: http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-rec\ ession ~~Japan Steps out of Recession~~ BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm ~~UK Officially Out of Recession~~ http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recessi\ on-recovery ~~Across the nation, housing starts are rising~~ Journal Sentinal: http://www.jsonline.com/business/53623677.html ~~Retail sales rose at the swiftest rate in three years in August~~ http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities\ -retail.html ~~U.S. household wealth up for first time since 2007~~ http://www.reuters.com/article/marketsNews/idUSN173520090917 ~~US leading economic index up for fifth month in a row~~ http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex ~~Obama loan relief plan hits goal early ~~ http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQ\ PiqnUQD9B6V5IO3 ~~Obama's mortgage relief program growing ~~ http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid ~~Dow passes 10,000 mark on earnings optimism~~first time in a year http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014 ~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~ http://www.bloomberg.com/apps/news?pid=20601087sid=aDGvmWmB18w0 ~~Jobs outlook brightens - National Association for Business Economics says more U.S. firms are planning to hire and increase investment in the next six months~~~ http://money.cnn.com/2009/10/26/news/economy/NABE/?postversion=200910261\ 2 ~~U.S. Goods Orders Rise for Fourth Time in Six Months ~~ Orders for U.S. durable goods rose in September for the fourth time in the past six months, a sign factories are helping ring in an economic recovery. http://www.bloomberg.com/apps/news?pid=20601068sid=aXTOqhc6Ac4I ~~Durable-Goods Orders Tick Up~~ Orders climbed for long-lasting goods during September, the fourth increase in six months, while a key gauge of capital spending rose strongly, a favorable sign for U.S. manufacturing. http://online.wsj.com/article/SB125673286433612857.html ~~USA Today: Stimulus working, having significant impact on economy~~ http://www.usatoday.com/news/nation/2009-10-27-jobs_N.htm ~~ Economy grows in 3Q, signals end of recession~~ http://csbj.com/2009/10/29/economy-grows-in-3q-signals-end-of-recession/ ~~Productivity at 6-year high, jobless claims fall~~ http://www.washingtonpost.com/wp-dyn/content/article/2009/11/05/AR200911\ 0501639.html ~~US leading indicators up for seventh month in row~~ http://news.yahoo.com/s/afp/20091119/ts_alt_afp/useconomygrowthindex ~~New Consensus Sees Stimulus Package as Worthy Step~~ http://www.nytimes.com/2009/11/21/business/economy/21stimulus.html?_r=1\ hp ~~US Economy: Existing Home Sales Jump 10% as Prices Decline~~ http://www.bloomberg.com/apps/news?pid=20601068sid=amzSIrwi9.9k ~~Unemployment dropped to 10.0% in November~~ U.S. employers cut a far fewer-than-expected 11,000 jobs in November, the smallest decline since the start of the recession in December 2007, government data showed on Friday, strongly suggesting the deterioration in the labor market was in its final stages. http://www.reuters.com/article/idUSTRE5AT4N720091204 ~~Recovery lifting labor market out of worst slump in post-World War II era~~ http://www.bloomberg.com/apps/news?pid=20601068sid=aCLBmnGq2pPM ~~November housing construction up 8.9 percent~~ http://news.yahoo.com/s/ap/20091216/ap_on_bi_go_ec_fi/us_housing_starts ~~Nat'l Association of Realtors: Home sales up 44 percent from a year ago~~
Re: [FairfieldLife] Re: Job openings rise to highest level in 16 months
What is this, your daily reading list. Have YOU actually read all these articles? Since I LIVE in the US I see these all the time as well as articles which are not so glowing and NO they are NOT from conspiracy theorists. You just wasted a WHOLE BUNCH of time putting together this list. BTW, I'm not blaming Obama for the problems. They were set up by the Republicans and 30 years of bad economic policies including some middle of the road Clinton ones. But Obama has failed on a lot of his promises. He's too middle of the road and Wall Street controlled (or maybe Israeli controlled) for my tastes. So stop listening to Rahm Emanuel and drinking his piss or kool-aid. Some progressive you are. But then folks on FFL love their myths and bath in them and hate anyone that bursts their bubble. do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozg...@... wrote: do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: Gee, I don't see any dollar signs there saying how much these jobs pay. Probably not what people were used to getting: http://www.msnbc.msn.com/id/37539487/ns/business-personal_finance/ I don't see a coming fuedal society either. The overall economy is in much better shape than it was when Obama took office 16 months ago. Hate to sound like Willy but maybe you should read the article first before commenting on it. So are you remote viewing the US economy from Brazil? Don't give up your day job to be an economist anytime soon. Maybe you can first provide verifiable objective evidence for your nutcase conspiracy theories that include that the USA is headed for a fuedal society controlled by an evil cabal ... and then you can refute my comments *after* you read the following: Since Obama took office in January 2009: ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087sid=a7iQTrYFwTtY ~~U.S. Economy Gets Lift From Stimulus~~ Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html ~~Germany, France out of recession~~ Guardian [UK]: http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-rec\ ession ~~Japan Steps out of Recession~~ BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm ~~UK Officially Out of Recession~~ http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recessi\ on-recovery ~~Across the nation, housing starts are rising~~ Journal Sentinal: http://www.jsonline.com/business/53623677.html ~~Retail sales rose at the swiftest rate in three years in August~~ http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities\ -retail.html ~~U.S. household wealth up for first time since 2007~~ http://www.reuters.com/article/marketsNews/idUSN173520090917 ~~US leading economic index up for fifth month in a row~~ http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex ~~Obama loan relief plan hits goal early ~~ http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQ\ PiqnUQD9B6V5IO3 ~~Obama's mortgage relief program growing ~~ http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid ~~Dow passes 10,000 mark on earnings optimism~~first time in a year http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014 ~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~ http://www.bloomberg.com/apps/news?pid=20601087sid=aDGvmWmB18w0 ~~Jobs outlook brightens - National Association for Business Economics says more U.S. firms are planning to hire and increase investment in the next six months~~~ http://money.cnn.com/2009/10/26/news/economy/NABE/?postversion=200910261\ 2 ~~U.S. Goods Orders Rise for Fourth Time in Six Months ~~ Orders for U.S. durable goods rose in September for the fourth time in the past six months, a sign factories are helping ring in an economic recovery. http://www.bloomberg.com/apps/news?pid=20601068sid=aXTOqhc6Ac4I ~~Durable-Goods Orders Tick Up~~ Orders climbed for long-lasting goods during September, the fourth increase in six months, while a key gauge of capital spending rose strongly, a favorable sign for U.S. manufacturing. http://online.wsj.com/article/SB125673286433612857.html ~~USA Today: Stimulus working, having significant impact on economy~~ http://www.usatoday.com/news/nation/2009-10-27-jobs_N.htm ~~ Economy grows in 3Q, signals end of recession~~ http://csbj.com/2009/10/29/economy-grows-in-3q-signals-end-of-recession/ ~~Productivity at 6-year high, jobless claims fall~~ http://www.washingtonpost.com/wp-dyn/content/article/2009/11/05/AR200911\ 0501639.html ~~US leading indicators up for seventh month in row~~ http://news.yahoo.com/s/afp/20091119/ts_alt_afp/useconomygrowthindex ~~New Consensus Sees Stimulus Package as Worthy Step~~
[FairfieldLife] Re: Job openings rise to highest level in 16 months
Andrew Leonard's latest How the World Works column at Salon.com: Since the expiration of the federal homebuyer tax credit at the end of April, applications for new mortgages have cratered -- down 35 percent in the last four weeks -- to the lowest point since 1997. As Calculated Risk assiduously reminds us, the inevitable outcome is that the U.S. housing market is about to careen into its own imminent double-dip. For months existing and new home sales have been artificially stimulated by the tax credit. Now that's over, which means inventories will swell again and prices will drop. In a unfortunate display of bad timing, Stan Collender tells us at Capital Gains and Games that about three weeks from now 46 states will kick off their new fiscal year -- and it won't be pretty. According to an analysis by the National Conference of State Legislatures, reports Collender, in 2011 all 50 states and Puerto Rico are facing an almost $90 billion budget gap. Unlike the Federal Government, individual states can't run budget deficits. Cuts in public employment rolls and state services are inevitable -- an anti-stimulus kicking in exactly at the same moment when the Obama stimulus starts to fade out. In fact, as has been much discussed in recent weeks, the stimulus never had a chance to do much real stimulating in the first place, because the additional federal spending merely served to cancel out the contractionary effects of the state spending cuts already induced by the recession. Throw in the decidedly unencouraging labor report for May, and you end up with a pretty forbidding scenario for the near future -- without even taking into account the potential impact of the European financial crisis. Against this backdrop, then, how are we to perceive Federal Reserve Chairman Ben Bernanke's testimony to the House Budget Committee today? Bernanke is no Pollyanna. In his prepared testimony he noted that there are significant restraints on the pace of the recovery and he referenced both the expiring homebuyer tax credit and the state and local government budget travails. But at the same time, he expressed confidence that the economic recovery would continue, propelled by consumer spending and business investment. And he devoted the conclusion of his testimony to a strong push to deal with the federal budget deficit. I don't think there is anyone in the White House, or even among the chorus of progressive economists who favor more stimulus in the short term, who doesn't realize that the U.S. federal budget deficit is a problem that must be dealt with in the long run. The argument has always been over the timing. Pivot to budget balancing too soon and you abort the recovery -- which in turn would put further stress on the federal budget by crushing tax revenues and requiring additional safety net spending. On the other hand, if we take steps to ensure that the recovery is firm, thus boosting tax revenues, we end up with greater flexibility in the future in figuring out how to manage our finances. Bernanke's position is plain. Even though moderate growth in the economy in the near future won't do much, if anything, to reduce unemployment, the time is now to address the budget deficit. And since Congress is manifestly unwilling to engage in any more aggressive efforts to bring down unemployment or otherwise stimulate demand, he'll get at least half his way. Fiscal stimulus is dead for now. States will be on their own. But the irony, or tragedy, or sheer absurdity of the situation is that while Bernanke and the rest of the deficit hawks may be successful in killing off fiscal stimulus, they most likely won't match that success with actual deficit reduction, because Congress is just as unwilling to make the hard choices necessary to balance budgets -- a mix of tax hikes and spending cuts -- as it is to combat unemployment. So we're going to end up with the worst of both worlds: We're going to take a big risk of plunging the economy back into recession, without getting our financial house in order. http://www.salon.com/tech/htww/2010/06/09/double_dip_recession --- In FairfieldLife@yahoogroups.com, do.rflex do.rf...@... wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: Gee, I don't see any dollar signs there saying how much these jobs pay. Probably not what people were used to getting: http://www.msnbc.msn.com/id/37539487/ns/business-personal_finance/ I don't see a coming fuedal society either. The overall economy is in much better shape than it was when Obama took office 16 months ago. Hate to sound like Willy but maybe you should read the article first before commenting on it. So are you remote viewing the US economy from Brazil? Don't give up your day job to be an economist anytime soon.
[FairfieldLife] Re: Job openings rise to highest level in 16 months
--- In FairfieldLife@yahoogroups.com, Bhairitu noozg...@... wrote: What is this, your daily reading list. Have YOU actually read all these articles? Since I LIVE in the US I see these all the time as well as articles which are not so glowing and NO they are NOT from conspiracy theorists. You just wasted a WHOLE BUNCH of time putting together this list. BTW, I'm not blaming Obama for the problems. They were set up by the Republicans and 30 years of bad economic policies including some middle of the road Clinton ones. But Obama has failed on a lot of his promises. He's too middle of the road and Wall Street controlled (or maybe Israeli controlled) for my tastes. So stop listening to Rahm Emanuel and drinking his piss or kool-aid. Some progressive you are. But then folks on FFL love their myths and bath in them and hate anyone that bursts their bubble. do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: Gee, I don't see any dollar signs there saying how much these jobs pay. Probably not what people were used to getting: http://www.msnbc.msn.com/id/37539487/ns/business-personal_finance/ I don't see a coming fuedal society either. The overall economy is in much better shape than it was when Obama took office 16 months ago. Hate to sound like Willy but maybe you should read the article first before commenting on it. So are you remote viewing the US economy from Brazil? Don't give up your day job to be an economist anytime soon. Maybe you can first provide verifiable objective evidence for your nutcase conspiracy theories that include that the USA is headed for a fuedal society controlled by an evil cabal ... and then you can refute my comments *after* you read the following: Since Obama took office in January 2009: ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087sid=a7iQTrYFwTtY ~~U.S. Economy Gets Lift From Stimulus~~ Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html ~~Germany, France out of recession~~ Guardian [UK]: http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-rec\ ession ~~Japan Steps out of Recession~~ BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm ~~UK Officially Out of Recession~~ http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recessi\ on-recovery ~~Across the nation, housing starts are rising~~ Journal Sentinal: http://www.jsonline.com/business/53623677.html ~~Retail sales rose at the swiftest rate in three years in August~~ http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities\ -retail.html ~~U.S. household wealth up for first time since 2007~~ http://www.reuters.com/article/marketsNews/idUSN173520090917 ~~US leading economic index up for fifth month in a row~~ http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex ~~Obama loan relief plan hits goal early ~~ http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQ\ PiqnUQD9B6V5IO3 ~~Obama's mortgage relief program growing ~~ http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid ~~Dow passes 10,000 mark on earnings optimism~~first time in a year http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014 ~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~ http://www.bloomberg.com/apps/news?pid=20601087sid=aDGvmWmB18w0 ~~Jobs outlook brightens - National Association for Business Economics says more U.S. firms are planning to hire and increase investment in the next six months~~~ http://money.cnn.com/2009/10/26/news/economy/NABE/?postversion=200910261\ 2 ~~U.S. Goods Orders Rise for Fourth Time in Six Months ~~ Orders for U.S. durable goods rose in September for the fourth time in the past six months, a sign factories are helping ring in an economic recovery. http://www.bloomberg.com/apps/news?pid=20601068sid=aXTOqhc6Ac4I ~~Durable-Goods Orders Tick Up~~ Orders climbed for long-lasting goods during September, the fourth increase in six months, while a key gauge of capital spending rose strongly, a favorable sign for U.S. manufacturing. http://online.wsj.com/article/SB125673286433612857.html ~~USA Today: Stimulus working, having significant impact on economy~~ http://www.usatoday.com/news/nation/2009-10-27-jobs_N.htm ~~ Economy grows in 3Q, signals end of recession~~ http://csbj.com/2009/10/29/economy-grows-in-3q-signals-end-of-recession/ ~~Productivity at 6-year high, jobless claims fall~~ http://www.washingtonpost.com/wp-dyn/content/article/2009/11/05/AR200911\ 0501639.html
[FairfieldLife] Re: Job openings rise to highest level in 16 months
--- In FairfieldLife@yahoogroups.com, Bhairitu noozg...@... wrote: What is this, your daily reading list. Have YOU actually read all these articles? Actually, yes I have. The facts in them are verifiable, and they generally represent the mainsteam consensus... and they don't come from fringe nutcase sources like Alex Jones, Beyond Top Secret and Prison Planet. Since I LIVE in the US I see these all the time as well as articles which are not so glowing and NO they are NOT from conspiracy theorists. You just wasted a WHOLE BUNCH of time putting together this list. The list, which comes from a variety of reputable mainstream news outlets and which you have clearly NOT read, has been accumulated by me over the time since Obama took office. The material clearly shows the improvement in the economy that I indicated with verifiable objective facts - unlike the paranoid conspiracy crap you've suggesting over time. BTW, I'm not blaming Obama for the problems. They were set up by the Republicans and 30 years of bad economic policies including some middle of the road Clinton ones. But Obama has failed on a lot of his promises. He's too middle of the road and Wall Street controlled (or maybe Israeli controlled) for my tastes. I don't fully disagree with those statements but they have nothing to do with what I said. It's just your attempt at dodging the horseshit comments you made. So stop listening to Rahm Emanuel and drinking his piss or kool-aid. Some progressive you are. But then folks on FFL love their myths and bath in them and hate anyone that bursts their bubble. You sound like the typical raving wingnut loony type I occasionally encounter on another list. You're convinced of your unsupported-by-facts wacko ideas, and you ignore obvious verifiable facts that contradict your delusions. do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: Gee, I don't see any dollar signs there saying how much these jobs pay. Probably not what people were used to getting: http://www.msnbc.msn.com/id/37539487/ns/business-personal_finance/ I don't see a coming fuedal society either. The overall economy is in much better shape than it was when Obama took office 16 months ago. Hate to sound like Willy but maybe you should read the article first before commenting on it. So are you remote viewing the US economy from Brazil? Don't give up your day job to be an economist anytime soon. Maybe you can first provide verifiable objective evidence for your nutcase conspiracy theories that include that the USA is headed for a fuedal society controlled by an evil cabal ... and then you can refute my comments *after* you read the following: Since Obama took office in January 2009: ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087sid=a7iQTrYFwTtY ~~U.S. Economy Gets Lift From Stimulus~~ Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html ~~Germany, France out of recession~~ Guardian [UK]: http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-rec\ ession ~~Japan Steps out of Recession~~ BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm ~~UK Officially Out of Recession~~ http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recessi\ on-recovery ~~Across the nation, housing starts are rising~~ Journal Sentinal: http://www.jsonline.com/business/53623677.html ~~Retail sales rose at the swiftest rate in three years in August~~ http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities\ -retail.html ~~U.S. household wealth up for first time since 2007~~ http://www.reuters.com/article/marketsNews/idUSN173520090917 ~~US leading economic index up for fifth month in a row~~ http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex ~~Obama loan relief plan hits goal early ~~ http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQ\ PiqnUQD9B6V5IO3 ~~Obama's mortgage relief program growing ~~ http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid ~~Dow passes 10,000 mark on earnings optimism~~first time in a year http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014 ~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~ http://www.bloomberg.com/apps/news?pid=20601087sid=aDGvmWmB18w0 ~~Jobs outlook brightens - National Association for Business Economics says more U.S. firms are planning to hire and increase investment in the next six months~~~ http://money.cnn.com/2009/10/26/news/economy/NABE/?postversion=200910261\ 2 ~~U.S.
RE: [FairfieldLife] Re: Job openings rise to highest level in 16 months
I forwarded this to a conservative friend who lives in Santa Monica. Here was his response: Sounds great. So why are there no jobs, except fake government jobs (census workers counted over and over)? 10% unemployment and highest in history for 18-24 your olds? The real employment is nearly 20% according the CNBC. Why are we sliding back into no growth? Why is Europe having zero growth (0.2%)? Do you call the out of recession? Well, I guess you could. Why do 75% of the people think we're on the wrong track? I guess they're just stupid conservatives and hicks. I could go on, but why should I? You are somehow not living in the real world. Over here on Montana Avenue, a local shopping district near where we live, 30% of the stores have gone out of business in the past two years. Businesses are not hiring and not buying equipment. You seem to be the only person I hear from or talk to that thinks things are great. I have many liberal friends out here, most people are, who think things stink and getting worse. The country is deeply in debt and rising rapidly. Half the homes are under water. We're heading toward higher taxes, more regulations and sluggish growth at best. Within a few short years at the rate we're going the national debt will top 20 trillion and the interest will be equal to GDP. Almost all tax money will just go to pay the interest on the national debt. Sounds great. Full steam ahead. And don't pay any attention to that big ice berg. I was wondering if Bush were President if you would be straining so hard to see silver linings in such a dismal situation. I think not. Bush sucked but Obama is 100 times worse. I honestly think he's trying to cause a collapse of the whole economy. Either that or he's totally befuddled about what to do to fix the economy. Why do they keep trying things that have proven to be bad while at the same time ignoring things that have in the past proven to work? Any effective rebuttal to this?
[FairfieldLife] Re: Job openings rise to highest level in 16 months
--- In FairfieldLife@yahoogroups.com, do.rflex do.rf...@... wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: What is this, your daily reading list. Have YOU actually read all these articles? Actually, yes I have. The facts in them are verifiable, and they generally represent the mainsteam consensus... and they don't come from fringe nutcase sources like Alex Jones, Beyond Top Secret and Prison Planet. In fact, for each happy-happy-ditto-ditto article you list, there's one prophesying gloom and doom--from respected economists, not fringe nutcase sources. Plus, verifiable facts are one thing; the interpretations thereof, in association with other verifiable facts not mentioned, are quite another. There is no mainstream consensus on the economy, although since all you collect are positive articles, you wouldn't be aware of that. Since I LIVE in the US I see these all the time as well as articles which are not so glowing and NO they are NOT from conspiracy theorists. You just wasted a WHOLE BUNCH of time putting together this list. Bhairitu is correct.
[FairfieldLife] Re: Job openings rise to highest level in 16 months
--- In FairfieldLife@yahoogroups.com, Rick Archer r...@... wrote: I forwarded this to a conservative friend who lives in Santa Monica. Conservatives, though mostly genuinely good people like anyone else are sometimes beyond reaching on political issues, as you and I both well know, Rick. Here was his response: Sounds great. So why are there no jobs, except fake government jobs (census workers counted over and over)? That's false: According to the article the gain in *job openings*... Private employers accounted for the entire net gain. The biggest increases in available jobs were in professional and business services, leisure and hospitality and education and health services. Government job openings fell by 36,000. According to the U.S. Bureau of Labor Statistics, here is the job loss turnaround since Obama took office: [pelosichart] http://theplumline.whorunsgov.com/wp-content/uploads/2010/04/pelosichar\ t.JPG Link to graph [click to enlarge]: http://theplumline.whorunsgov.com/wp-content/uploads/2010/04/pelosichart\ .JPG 10% unemployment and highest in history for 18-24 your olds? The real employment is nearly 20% according the CNBC. Why are we sliding back into no growth? Why is Europe having zero growth (0.2%)? Do you call the out of recession? Well, I guess you could. Why do 75% of the people think we're on the wrong track? I guess they're just stupid conservatives and hicks. I could go on, but why should I? You are somehow not living in the real world. Over here on Montana Avenue, a local shopping district near where we live, 30% of the stores have gone out of business in the past two years. Businesses are not hiring and not buying equipment. You seem to be the only person I hear from or talk to that thinks things are great. I have many liberal friends out here, most people are, who think things stink and getting worse. The country is deeply in debt and rising rapidly. Half the homes are under water. We're heading toward higher taxes, more regulations and sluggish growth at best. Within a few short years at the rate we're going the national debt will top 20 trillion and the interest will be equal to GDP. Almost all tax money will just go to pay the interest on the national debt. Sounds great. Full steam ahead. And don't pay any attention to that big ice berg. I was wondering if Bush were President if you would be straining so hard to see silver linings in such a dismal situation. I think not. Bush sucked but Obama is 100 times worse. I honestly think he's trying to cause a collapse of the whole economy. Either that or he's totally befuddled about what to do to fix the economy. Why do they keep trying things that have proven to be bad while at the same time ignoring things that have in the past proven to work? Any effective rebuttal to this? Let's see. The recession started in December of 2007. The financial meltdown occurred in September 2008. Obama took office in January of 2009. Yeah. It's now going to take a colossal effort to clean up the catastrophic financial disaster that Obama inherited. The following articles are from since Obama took office: ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087sid=a7iQTrYFwTtY ~~U.S. Economy Gets Lift From Stimulus~~ Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html ~~Germany, France out of recession~~ Guardian [UK]: http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-rec\ ession ~~Japan Steps out of Recession~~ BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm ~~UK Officially Out of Recession~~ http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recessi\ on-recovery ~~Across the nation, housing starts are rising~~ Journal Sentinal: http://www.jsonline.com/business/53623677.html ~~Retail sales rose at the swiftest rate in three years in August~~ http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities\ -retail.html ~~U.S. household wealth up for first time since 2007~~ http://www.reuters.com/article/marketsNews/idUSN173520090917 ~~US leading economic index up for fifth month in a row~~ http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex ~~Obama loan relief plan hits goal early ~~ http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQ\ PiqnUQD9B6V5IO3 ~~Obama's mortgage relief program growing ~~ http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid ~~Dow passes 10,000 mark on earnings optimism~~first time in a year http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014 ~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~ http://www.bloomberg.com/apps/news?pid=20601087sid=aDGvmWmB18w0 ~~Jobs outlook brightens - National Association for Business Economics says more U.S. firms are planning to hire and increase
Re: [FairfieldLife] Re: Job openings rise to highest level in 16 months
Rick Archer wrote: I forwarded this to a conservative friend who lives in Santa Monica. Here was his response: Sounds great. So why are there no jobs, except fake government jobs (census workers counted over and over)? 10% unemployment and highest in history for 18-24 your olds? The real employment is nearly 20% according the CNBC. Why are we sliding back into no growth? Why is Europe having zero growth (0.2%)? Do you call the out of recession? Well, I guess you could. Why do 75% of the people think we're on the wrong track? I guess they're just stupid conservatives and hicks. I could go on, but why should I? You are somehow not living in the real world. Over here on Montana Avenue, a local shopping district near where we live, 30% of the stores have gone out of business in the past two years. Businesses are not hiring and not buying equipment. You seem to be the only person I hear from or talk to that thinks things are great. I have many liberal friends out here, most people are, who think things stink and getting worse. The country is deeply in debt and rising rapidly. Half the homes are under water. We're heading toward higher taxes, more regulations and sluggish growth at best. Within a few short years at the rate we're going the national debt will top 20 trillion and the interest will be equal to GDP. Almost all tax money will just go to pay the interest on the national debt. Sounds great. Full steam ahead. And don't pay any attention to that big ice berg. I was wondering if Bush were President if you would be straining so hard to see silver linings in such a dismal situation. I think not. Bush sucked but Obama is 100 times worse. I honestly think he's trying to cause a collapse of the whole economy. Either that or he's totally befuddled about what to do to fix the economy. Why do they keep trying things that have proven to be bad while at the same time ignoring things that have in the past proven to work? Any effective rebuttal to this? Well, I'm one who thinks growth for growth sakes isn't a good idea. Nor jobs for jobs sake. But otherwise he brings up a lot of good points. But it's also not a partisan issue. Liberals, centrists and conservatives are not happy and should start focusing on concerns in common to make real change. So your friend needs to get over the left/right thing as it is counterproductive. Yup, California is in deep doo-doo. There is very high unemployment here. The state built itself after the last recession of the early 90s and made itself a very expensive place to live. The attitude often really is if you can't afford to live here then leave. But that is impractical. However if either Meg Whitman or Carly Fiorina take office I may leave the state. Running a corporation is not like running a government (nor is governor like being an action hero). That said, one of my conservative friends hates Fiorina so may be holding his nose and voting for Boxer. And he doesn't like Whitman either so will probably be voting for Jerry. This is going to be a very bitter election year in California. Personally I think the economy entirely collapsing would be a good thing. We would get to erase the blackboard and start over. The sooner the collapse the better as many big institutions would be unprepared and not survive. They were the problem anyway. We would return to a simpler more locally based economy. Empty Walmarts would be turned into bazaars with local shops and goods. But I don't know if we'll get there or not. A lot of brilliant economists see it coming like a slow moving train wreck. I know that people don't like to hear that but sometimes you have to go through some bad times to get to the other side.
[FairfieldLife] Re: Job openings rise to highest level in 16 months
Bhairutu clearly has difficulty with verifiable facts, whether they're of a political or musical nature Doc. --- In FairfieldLife@yahoogroups.com, do.rflex do.rf...@... wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: What is this, your daily reading list. Have YOU actually read all these articles? Actually, yes I have. The facts in them are verifiable, and they generally represent the mainsteam consensus... and they don't come from fringe nutcase sources like Alex Jones, Beyond Top Secret and Prison Planet. Since I LIVE in the US I see these all the time as well as articles which are not so glowing and NO they are NOT from conspiracy theorists. You just wasted a WHOLE BUNCH of time putting together this list. The list, which comes from a variety of reputable mainstream news outlets and which you have clearly NOT read, has been accumulated by me over the time since Obama took office. The material clearly shows the improvement in the economy that I indicated with verifiable objective facts - unlike the paranoid conspiracy crap you've suggesting over time. BTW, I'm not blaming Obama for the problems. They were set up by the Republicans and 30 years of bad economic policies including some middle of the road Clinton ones. But Obama has failed on a lot of his promises. He's too middle of the road and Wall Street controlled (or maybe Israeli controlled) for my tastes. I don't fully disagree with those statements but they have nothing to do with what I said. It's just your attempt at dodging the horseshit comments you made. So stop listening to Rahm Emanuel and drinking his piss or kool-aid. Some progressive you are. But then folks on FFL love their myths and bath in them and hate anyone that bursts their bubble. You sound like the typical raving wingnut loony type I occasionally encounter on another list. You're convinced of your unsupported-by-facts wacko ideas, and you ignore obvious verifiable facts that contradict your delusions. do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: Gee, I don't see any dollar signs there saying how much these jobs pay. Probably not what people were used to getting: http://www.msnbc.msn.com/id/37539487/ns/business-personal_finance/ I don't see a coming fuedal society either. The overall economy is in much better shape than it was when Obama took office 16 months ago. Hate to sound like Willy but maybe you should read the article first before commenting on it. So are you remote viewing the US economy from Brazil? Don't give up your day job to be an economist anytime soon. Maybe you can first provide verifiable objective evidence for your nutcase conspiracy theories that include that the USA is headed for a fuedal society controlled by an evil cabal ... and then you can refute my comments *after* you read the following: Since Obama took office in January 2009: ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087sid=a7iQTrYFwTtY ~~U.S. Economy Gets Lift From Stimulus~~ Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html ~~Germany, France out of recession~~ Guardian [UK]: http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-rec\ ession ~~Japan Steps out of Recession~~ BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm ~~UK Officially Out of Recession~~ http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recessi\ on-recovery ~~Across the nation, housing starts are rising~~ Journal Sentinal: http://www.jsonline.com/business/53623677.html ~~Retail sales rose at the swiftest rate in three years in August~~ http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities\ -retail.html ~~U.S. household wealth up for first time since 2007~~ http://www.reuters.com/article/marketsNews/idUSN173520090917 ~~US leading economic index up for fifth month in a row~~ http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex ~~Obama loan relief plan hits goal early ~~ http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQ\ PiqnUQD9B6V5IO3 ~~Obama's mortgage relief program growing ~~ http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid ~~Dow passes 10,000 mark on earnings optimism~~first time in a year http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014 ~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~
[FairfieldLife] Re: Job openings rise to highest level in 16 months
--- In FairfieldLife@yahoogroups.com, Joe geezerfr...@... wrote: Bhairutu clearly has difficulty with verifiable facts, whether they're of a political or musical nature Doc. He does, but he's happens to be correct in this case. (Doc??) Citing the headlines and URLs of positive MSM articles about short-term gains since January does not a coherent argument make for the state of the economy long term. Nor does simply repeating the list over and over make it any more coherent.
[FairfieldLife] Re: Job openings rise to highest level in 16 months
Stimulus Talk Yields to Calls to Cut Deficits By DAVID E. SANGER and SEWELL CHAN WASHINGTON At a moment when many economists warn that the American economic recovery is likely to be imperiled by prolonged high unemployment and slow growth, President Obama is discovering that the tools available to him last year a big economic stimulus and action by the Federal Reserve are both now politically untenable. The mood in both parties of Congress has turned decidedly anti-deficit, meaning that the job-creation programs once favored by the White House and Democratic leaders in Congress have been cut back, then cut again. It is a measure of the mood that Mr. Obama on Tuesday hailed an initiative by his administration to cut the budgets of most major government agencies by 5 percent, at a time when conventional theory would call for more government spending to lift the economy. Even the Federal Reserve is pulling in its horns. No one could expect it to cut interest rates further they are at rock bottom. But spurred by inflation hawks in their midst, the Fed has gotten out of the business of buying Treasury securities and mortgage bonds, one of its main strategies over the last two years for pushing down long-term interest rates. Over the last few weeks, the cautious optimism that the economy is on the mend has given way to more caution than optimism. My best guess is that we'll have a continued recovery, but it won't feel terrific, Ben S. Bernanke, the Fed chairman, said at a dinner at the Woodrow Wilson International Center for Scholars on Monday night. And the reason it won't feel terrific is that it's not going to be fast enough to put back eight million people who lost their jobs within a few years. One could almost envision the winces in the White House as Mr. Bernanke observed that the unemployment rate will stay high for some time. He went on to note that even if the economy grew at 3 percent, which would be considered a healthy pace, it would do little more than keep pace with the normal rate of growth of the work force. Virtually every day of late, White House officials have struggled to explain how their strategies to provide economic stimulus to bring down the unemployment rate square with Mr. Obama's oft-expressed commitment to tackle a record budget deficit. They talk about spending this year in modest amounts while waiting for the prescriptions of the president's commission on debt reduction, which reports, conveniently, a few weeks after the midterm elections. In the next breath, they say that the only long-term strategy that will get Americans back to work and bring the deficit under control is promoting rapid economic growth. That is the elixir that allowed the Clinton administration, where many members of Mr. Obama's team cut their teeth, to briefly wipe out budget deficits. But for now, it is unclear where that growth will come from and how soon. So rather than promoting another broad stimulus package, the White House is pointing to a series of familiar-sounding, low-cost measures to create jobs: stimulating export-oriented manufacturing, subsidizing energy-efficiency improvements by homeowners, preventing layoffs of teachers and police officers and pressing for a new (and unpaid for) highway bill that could, like the Census, create a short-term burst in hiring. Read more: http://www.nytimes.com/2010/06/09/business/economy/09econ.html?themc=th http://tinyurl.com/292exho
Re: [FairfieldLife] Re: Job openings rise to highest level in 16 months
And Joe as a hard time with anecdotal experiences that may not be verifiable online which doesn't mean they're not true. I believe it is a form of OCD to insist that everything be verifiable online. Just take what I said as FWIW though I was surprised there wasn't something online mentioning it. I recall when Quincy Jones won a grammy years ago and the media spewing that he was self taught which must have come to a surprise to many University of Washington music alumni who would remember seeing his picture on the wall with other alums (not sure he graduated though) and I even knew a guy who was there in the school with him. It also had to surprise jazz artists who would remember him endorsing Berklee College of Music that he attended too. Record company marketing people love to perpetrate Horatio Alger rock star success stories so they have tap a vast group of naive young artists often screwing them out of royalties. Joe wrote: Bhairutu clearly has difficulty with verifiable facts, whether they're of a political or musical nature Doc. --- In FairfieldLife@yahoogroups.com, do.rflex do.rf...@... wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: What is this, your daily reading list. Have YOU actually read all these articles? Actually, yes I have. The facts in them are verifiable, and they generally represent the mainsteam consensus... and they don't come from fringe nutcase sources like Alex Jones, Beyond Top Secret and Prison Planet. Since I LIVE in the US I see these all the time as well as articles which are not so glowing and NO they are NOT from conspiracy theorists. You just wasted a WHOLE BUNCH of time putting together this list. The list, which comes from a variety of reputable mainstream news outlets and which you have clearly NOT read, has been accumulated by me over the time since Obama took office. The material clearly shows the improvement in the economy that I indicated with verifiable objective facts - unlike the paranoid conspiracy crap you've suggesting over time. BTW, I'm not blaming Obama for the problems. They were set up by the Republicans and 30 years of bad economic policies including some middle of the road Clinton ones. But Obama has failed on a lot of his promises. He's too middle of the road and Wall Street controlled (or maybe Israeli controlled) for my tastes. I don't fully disagree with those statements but they have nothing to do with what I said. It's just your attempt at dodging the horseshit comments you made. So stop listening to Rahm Emanuel and drinking his piss or kool-aid. Some progressive you are. But then folks on FFL love their myths and bath in them and hate anyone that bursts their bubble. You sound like the typical raving wingnut loony type I occasionally encounter on another list. You're convinced of your unsupported-by-facts wacko ideas, and you ignore obvious verifiable facts that contradict your delusions. do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozguru@ wrote: Gee, I don't see any dollar signs there saying how much these jobs pay. Probably not what people were used to getting: http://www.msnbc.msn.com/id/37539487/ns/business-personal_finance/ I don't see a coming fuedal society either. The overall economy is in much better shape than it was when Obama took office 16 months ago. Hate to sound like Willy but maybe you should read the article first before commenting on it. So are you remote viewing the US economy from Brazil? Don't give up your day job to be an economist anytime soon. Maybe you can first provide verifiable objective evidence for your nutcase conspiracy theories that include that the USA is headed for a fuedal society controlled by an evil cabal ... and then you can refute my comments *after* you read the following: Since Obama took office in January 2009: ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087sid=a7iQTrYFwTtY ~~U.S. Economy Gets Lift From Stimulus~~ Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html ~~Germany, France out of recession~~ Guardian [UK]: http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-rec\ ession ~~Japan Steps out of Recession~~ BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm ~~UK Officially Out of Recession~~ http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recessi\ on-recovery ~~Across the nation, housing starts are rising~~ Journal
[FairfieldLife] Re: Job openings rise to highest level in 16 months
--- In FairfieldLife@yahoogroups.com, Bhairitu noozg...@... wrote: Gee, I don't see any dollar signs there saying how much these jobs pay. Probably not what people were used to getting: http://www.msnbc.msn.com/id/37539487/ns/business-personal_finance/ I don't see a coming fuedal society either. The overall economy is in much better shape than it was when Obama took office 16 months ago. do.rflex wrote: The biggest increases in available jobs were in professional and business services, leisure and hospitality and education and health services. Government job openings fell by 36,000. WASHINGTON Job openings jumped in April to the highest level in 16 months, a sign that private employers may boost hiring in coming months. The number of jobs advertised at the end of April rose to 3.1 million from 2.8 million in March, the Labor Department said Tuesday. That's the most openings since December 2008. Private employers accounted for the entire net gain. The government's advertising for jobs decreased, despite the hiring of hundreds of thousands of census workers in May. The department's report, known as the Job Openings and Labor Turnover survey, or JOLTS, follows a disappointing employment report Friday that found private employers added only 41,000 jobs in May. Temporary census hiring accounted for 411,000 jobs. The unemployment rate fell to 9.7 percent from 9.9 percent in April. The rise in job openings makes you a little more upbeat about the labor market, said Michael Feroli, chief U.S. economist at JPMorgan Chase. Job openings have risen by about 740,000 since bottoming out at 2.3 million in July. But they remain far below pre-recession levels of about 4.5 million openings per month. The competition for jobs remains tough. There were 5 unemployed people, on average, for each job opening in April. That's down from 5.4 in the previous month, but well above pre-recession levels of 1.8 jobless workers per opening. The biggest increases in available jobs were in professional and business services, leisure and hospitality and education and health services. Government job openings fell by 36,000. The report also found that the number of people quitting jobs topped total layoffs for the third straight month. Nearly 2 million people quit their jobs in April, an increase of about 130,000 in the past two months. An increasing number of people voluntarily leaving jobs is a sign of confidence in the employment market, economists say. Workers are less likely to cling to their jobs if they believe others are available. Other surveys also show that companies are likely to increase hiring, though at a slow pace. Staffing company Manpower Inc. said Tuesday that its quarterly employment outlook found more employers are planning to hire in the July-to-September quarter than the preceding three months. Manpower said its employment index rose to a seasonally adjusted 6 percent, a point higher than in the March-to-June period. The index was at -2 a year ago, meaning more employers planned to cut jobs than hire. The survey covers 18,000 private and government entities. Separately, the National Federation of Independent Business said Tuesday that its small business optimism index rose to 92.2. That's the highest level since September 2008, when Lehman Brothers collapsed and the financial crisis intensified. But that's still below the index's long-run average of 99, according to Paul Dales, an economist at Capital Economics. The NFIB's employment index rose to 1, the first positive reading in 19 months. It suggests more small businesses plan to add workers than cut them. The reports come after Federal Reserve Chairman Ben Bernanke said late Monday that the recovery will continue but it won't feel terrific. That's because economic growth won't be robust enough to quickly drive down the unemployment rate, now at 9.7 percent, he said in remarks to the Woodrow Wilson International Center for Scholars, a nonpartisan research group. More job openings added to the picture of a slow but steady recovery. A monthly analysis by the Associated Press of conditions around the country showed that manufacturing job gains in the Midwest helped lower the nation's economic stress in April to its lowest point in five months. Economic stress levels dipped in every state except Louisiana and Nevada in April. http://news.yahoo.com/s/ap/20100608/ap_on_bi_ge/us_job_openings
Re: [FairfieldLife] Re: Job openings rise to highest level in 16 months
do.rflex wrote: --- In FairfieldLife@yahoogroups.com, Bhairitu noozg...@... wrote: Gee, I don't see any dollar signs there saying how much these jobs pay. Probably not what people were used to getting: http://www.msnbc.msn.com/id/37539487/ns/business-personal_finance/ I don't see a coming fuedal society either. The overall economy is in much better shape than it was when Obama took office 16 months ago. Hate to sound like Willy but maybe you should read the article first before commenting on it. So are you remote viewing the US economy from Brazil? Don't give up your day job to be an economist anytime soon.
