The Conservative Cave
Current Events => The DUmpster => Topic started by: Freeper on November 01, 2012, 09:51:31 PM
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JiminyJominy (269 posts)
Tomorrows Unemployment Numbers May End Romney For Good
Gallup tonight announced 7.0% unemployment.
Why does this matter? Because the Department of Labor Statistics numbers are usually very close to Gallups numbers anywhere from .1-.3% behind them. Here are the recent months comparison:
Oct 12 Gallup: 7% DoLS: ?
Sep 12 Gallup: 7.9% DoLS: 7.8%
Aug 12 Gallup: 8.1% DoLS: 8.1%
July 12 Gallup: 8% DoLS: 8.3%
June 12 Gallup: 7.8% DoLS: 8.2%
May 12 Gallup: 8% DoLS: 8.2%
So in essence, anything over 7.5% tomorrow would be a major annomoly and outta character for the two surveys comparison.
If it drops to 7.5% or less I just don't see how Romney can come back from that.
http://www.democraticunderground.com/1251199912
This has toast Romney is legs!!!!111111
aaaaaa5a (2,959 posts)
8. When Reagan ran for re-election in 1984, the unemployment rate was 7.4%
For a good part of Reagan's first term, the unemployment rate was at 10% or higher. And Reagan didn't inherit anything remotely close to the economic mess Obama did.
Obama inherited an economic crisis almost equal to the great depression. And on election day he will likely have an unemployment rate close to or equal to what Reagan had in 1984.
Oh... I almost forgot, Obama also had 2 ridiculous wars to end that Reagan didn't have to worry about.
History is going to be very kind to Obama. He is going do go down as a great President.
:mental:
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Companies started seasonal hiring for Thanksgiving and Christmas 30 days ago.
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Companies started seasonal hiring for Thanksgiving and Christmas 30 days ago.
And the left will try to convince everyone at how great the economy is. Just wait until Jan when the seasonal employees are let go, taxes rise, and we fly off the financial cliff. If Romney is in the WH then the media and the left will say how bad things are, if it's still 0bama then they will be very quiet about it.
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Perhaps companies may see an upturn in the economy when Romney is elected.
Ever think of that, DUmmies.
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It's 7.9%, JiminyJominy, and your name is incredibly retarded. Wages also fell, indicating these jobs are burger flippers and cash register ringers. Noble work, but nothing to make anyone rich.
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Unemployment Ticks up to 7.9 Percent
By Patrick Brennan
November 2, 2012 8:43 A.M.
Comments
3
. . . while the U.S. economy added 171,000 jobs in October, according to the Bureau of Labor Statistics’ latest report. That growth came exclusively in the private sector — the public sector actually shed jobs in October — but it wasn’t accompanied by encouraging earnings data, like last month’s report was. Average hourly earnings remained flat, as did average length of workweek. The labor-force-participation rate also ticked up, from 63.4 percent to 63.8 percent.
August and September’s jobs reports were also revised (from 142,000 to 192,000, and from 114,000 to 148,000, respectively), though the correction for last was nowhere near substantial enough to solve September’s great household–establishment disparity. (And on that note, there continued to be such a split, though not nearly as big a one, this month — the household survey, used to calculate the unemployment rate, showed 410,000 jobs added, by comparison to 171,000 from the establishment survey.)
http://www.nationalreview.com/corner
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Yep, unemployment went up to 7.9% for October. It looks like they added California this time. obama is done, and the MSM is sweating bullets as they try to spin it to be a good thing. I can't wait to see when Romney is there and unemployment is back down to 5.8%. They will be screaming that it is a terrible rate. To a liberal, high unemployment is good because it makes more people dependent on the government; and low unemployment is bad because it makes less people dependent on the government.
What is the DUmp saying about this? :-)
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It's 7.9%, JiminyJominy, and your name is incredibly retarded. Wages also fell, indicating these jobs are burger flippers and cash register ringers. Noble work, but nothing to make anyone rich.
Also the unemployment numbers from last month were revised up...surprise surprise. :whatever:
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It's 7.9%, JiminyJominy, and your name is incredibly retarded. Wages also fell, indicating these jobs are burger flippers and cash register ringers. Noble work, but nothing to make anyone rich.
B-b-bu-but Gallup said.......... :bawl:
...and the shilling kneepads are touting them as ....."good numbers".
(http://3.bp.blogspot.com/_NRP9MgtimcY/SmptZqjYKAI/AAAAAAAAANU/x4hjzikzw4Q/s320/government_censorship_poster-p228099302315531500qzz0_400.jpg)
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Has anyone asked the unemployed how they feel about these numbers?
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O.k.. The morons at the DUmp are repeating MSNBC and saying the rate going to 7.9% is a good thing? What the ****? :mental: (Of course when Romney is in office, they will be saying the complete opposite).
I'm not even going to bring over the drivel. Wow, just wow ...
Read: http://www.democraticunderground.com/1014287832
My God they are stupid ...
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It's going to be hard for the MSM to spin anything about how bad this economy is. 7.9% after 4 years in which the prez said he was trying to fix it is terrible. Hard to spin what people are having to live everyday.
And this "Reagan had high unemployment" is just silly. When Reagan came in, we had double-digit inflation and a country that was in a malaise. To cure high inflation, Volker raised interest rates and unemployment shot up, but for only 2 years (82-83). The rest of Reagan's term, unemployment fell to an eventual 5.4%.
This "the economy was at the point of the Great Depression" is a bunch of baloney. Any economist who makes that claim is a political hack because the numbers just don't back it up.
.
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How about the U-6 rate DUmmies?
From August, and it has not changed much:
http://www.cnbc.com/id/48468748/Real_Unemployment_Rate_Shows_Far_More_Jobless
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Better-than-expected jobs report 4 days in advance of US election (http://www.tennessean.com/viewart/20121102/NEWS/311020108/Better-than-expected-jobs-report-4-days-advance-US-election)
If 171,000 jobs and a 0.1-percent drop is "better than expected", what does that say about Obama's policies?
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So, despite the seasonal addition of holiday-quarter temps and part-timers, the U3 unemployment rate STILL rose? Sucks to have to try and make that sound like good news, dunnit?
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they are going to keep championing obama's slow stagnent growth till the end. Of course when Romney is in there, they will be saying the complete opposite.
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Did I mention that Obama is an incredibly shitty president.
Dennis Miller Show @DennisDMZ
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O.k.. The morons at the DUmp are repeating MSNBC and saying the rate going to 7.9% is a good thing? What the ****? :mental: (Of course when Romney is in office, they will be saying the complete opposite).
I'm not even going to bring over the drivel. Wow, just wow ...
Read: http://www.democraticunderground.com/1014287832
My God they are stupid ...
It will all change when President Romney is inaugurated. Then if the UE goes down it will be bad and if the UE goes up it will be bad. BTW if the UE stays the same, it will be bad.
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O.k.. The morons at the DUmp are repeating MSNBC and saying the rate going to 7.9% is a good thing?
Why not ? Hilda Solis has gone full-on "chocolate rations" with her celebration of the increase in unemployment, and ironically started handing out candy because of it.
If the Secretary of Labor sees an increase of unemployment as good, certainly the primitive minions must follow suit.
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Why not ? Hilda Solis has gone full-on "chocolate rations" with her celebration of the increase in unemployment, and ironically started handing out candy because of it.
If the Secretary of Labor sees an increase of unemployment as good, certainly the primitive minions must follow suit.
Your monthly unemployment percentage has been lowered from 7.8% to 7.9%.
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Bottom line, DUmmies, those few who are getting jobs (over 40 percent of unemployed have been so for >26 weeks) are getting McJobs--you know, those things you accused Bush of "making" back in 2004 when it was "worst economy since Hoover."
We still have a year on our union contract left. Guess what we're looking at, that's to Obumbles:
--Little to no payraise (<1 percent/year)
--Getting rid of our health benefits (especially if Obamacare isn't repealed.)
--Reduced contributions to our 401(k)
--Elimination of bonus (hey, it was only 2 percent, but beats a swift kick in the nuts.)
--All but "critical" OT eliminated (even this year, it's declined to <350 hours, compared to average of 500-600 hours/year previously)
Now go suck off a shotgun till it comes, DUmmies.