Unemployment reaches 9.5%

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StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: Lemon law
Everyone seems to be missing the point, the last time we were in a similar situation, when Hoover was running things and did basically nothing to arrest the slide, unemployment went up rapidly and quickly hit 25%.

Skoorb's graph is just a wild guess and no one knows where unemployment would be now if Obama and congress had not taken the steps they did. But I certainly feel unemployment would be much higher if he did not.
You are right. It was a wild-assed guess. Is it supposed to make anybody feel any better that the gov is wild-assed guessing and then blowing money?
Most economist agree that without the recovery plan, the "actual" part would be a hell of a lot worse.
Quite possibly, but if the government had no idea where it was going to end up anyway and happened to blindly throw a dart and perhaps it actually was close to the bullzeye, it's not confidence-inspiring.

 

eleison

Golden Member
Mar 29, 2006
1,319
0
0
Originally posted by: Skoorb
Originally posted by: Lemon law
Everyone seems to be missing the point, the last time we were in a similar situation, when Hoover was running things and did basically nothing to arrest the slide, unemployment went up rapidly and quickly hit 25%.

Skoorb's graph is just a wild guess and no one knows where unemployment would be now if Obama and congress had not taken the steps they did. But I certainly feel unemployment would be much higher if he did not.
You are right. It was a wild-assed guess. Is it supposed to make anybody feel any better that the gov is wild-assed guessing and then blowing money?
Most economist agree that without the recovery plan, the "actual" part would be a hell of a lot worse.
Quite possibly, but if the government had no idea where it was going to end up anyway and happened to blindly throw a dart and perhaps it actually was close to the bullzeye, it's not confidence-inspiring.


Obama, the ex-community organizer, is clueless...
 

BoberFett

Lifer
Oct 9, 1999
37,563
9
81
Originally posted by: Drako
Originally posted by: dyna

1. Housing tax credit
2. Energy tax credit
3. Cash for clunkers
4. Cap and trade energy tax

404, job creation not found.

I can't wait to see all the jobs that will be created when UHC kicks in.

Wait, I thought UHC was going to save this country money. Doesn't that require shedding jobs?
 

BoberFett

Lifer
Oct 9, 1999
37,563
9
81
Originally posted by: senseamp
Originally posted by: Skoorb
Best graph EVER

Most economist agree that without the recovery plan, the "actual" part would be a hell of a lot worse.

Is that kind of like Bush's assertion that without invading Iraq the "actual" terrorist attacks would have been worse?

Keep trying to prove a negative after the fact, fanboy.
 

marincounty

Diamond Member
Nov 16, 2005
3,227
5
76
Unemployment is at its highest in 26 years. Who was president then? Your hero, Reagan.
You guys should all be thrilled.
 

OCGuy

Lifer
Jul 12, 2000
27,227
36
91
Originally posted by: marincounty
Unemployment is at its highest in 26 years. Who was president then? Your hero, Reagan.
You guys should all be thrilled.

Ive heard of Bu bu bu bu Bu$h!!! And Bu Bu Bu Bu Clinton, but we are back at Reagan now?


Oh, the sweet smell of desperation.
 

Mursilis

Diamond Member
Mar 11, 2001
7,756
11
81
Originally posted by: BoberFett
Originally posted by: senseamp
Originally posted by: Skoorb
Best graph EVER

Most economist agree that without the recovery plan, the "actual" part would be a hell of a lot worse.

Is that kind of like Bush's assertion that without invading Iraq the "actual" terrorist attacks would have been worse?

Keep trying to prove a negative after the fact, fanboy.

:thumbsup:
I LOL'ed!
 

Red Dawn

Elite Member
Jun 4, 2001
57,530
3
0
Originally posted by: BoberFett
Originally posted by: senseamp
Originally posted by: Skoorb
Best graph EVER

Most economist agree that without the recovery plan, the "actual" part would be a hell of a lot worse.

Is that kind of like Bush's assertion that without invading Iraq the "actual" terrorist attacks would have been worse?

Keep trying to prove a negative after the fact, fanboy.

Ok so it would have been better or at least the same?
 

marincounty

Diamond Member
Nov 16, 2005
3,227
5
76
Originally posted by: OCguy
Originally posted by: marincounty
Unemployment is at its highest in 26 years. Who was president then? Your hero, Reagan.
You guys should all be thrilled.

Ive heard of Bu bu bu bu Bu$h!!! And Bu Bu Bu Bu Clinton, but we are back at Reagan now?


Oh, the sweet smell of desperation.

The only desperation I smell is right-wingers trying to smear Obama with anything they have. Republicans have so screwed the economy that unemployment is as bad as when their hero Ronnie was in charge. Or are you claiming that the high unemployment is Obama's fault?
 

jonks

Lifer
Feb 7, 2005
13,918
20
81
Damn obama for not stopping this. He's had 5 months already, come on! What does he want more time or something? I'll bet the sick bastard is enjoying this knowing he gets paid for the next 4 years no matter how bad he screws up. Thank god we have educated intelligent posters on AT to put the blame where it belongs!
 

OCGuy

Lifer
Jul 12, 2000
27,227
36
91
Originally posted by: marincounty
Originally posted by: OCguy
Originally posted by: marincounty
Unemployment is at its highest in 26 years. Who was president then? Your hero, Reagan.
You guys should all be thrilled.

Ive heard of Bu bu bu bu Bu$h!!! And Bu Bu Bu Bu Clinton, but we are back at Reagan now?


Oh, the sweet smell of desperation.

The only desperation I smell is right-wingers trying to smear Obama with anything they have. Republicans have so screwed the economy that unemployment is as bad as when their hero Ronnie was in charge. Or are you claiming that the high unemployment is Obama's fault?


Im claiming that Obama's promises with his corporate bailouts are not coming to fruition, and he is going to pay for it in the polls.

There isnt much the leftie parrot squad is going to be able to do to stop it.
 

Red Dawn

Elite Member
Jun 4, 2001
57,530
3
0
Originally posted by: jonks
Damn obama for not stopping this. He's had 5 months already, come on! What does he want more time or something? I'll bet the sick bastard is enjoying this knowing he gets paid for the next 4 years no matter how bad he screws up. Thank god we have educated intelligent posters on AT to put the blame where it belongs!
Well they are putting the blame on Obama as they know this is the blowback from Bush, they are just complaining that Obama didn't magically fix it.
 

OCGuy

Lifer
Jul 12, 2000
27,227
36
91
Originally posted by: Red Dawn
Originally posted by: jonks
Damn obama for not stopping this. He's had 5 months already, come on! What does he want more time or something? I'll bet the sick bastard is enjoying this knowing he gets paid for the next 4 years no matter how bad he screws up. Thank god we have educated intelligent posters on AT to put the blame where it belongs!
Well they are putting the blame on Obama as they know this is the blowback from Bush, they are just complaining that Obama didn't magically fix it.

The problem is Obama claimed he could magically fix it with mortgaging our future even more.

 

Red Dawn

Elite Member
Jun 4, 2001
57,530
3
0
Originally posted by: OCguy
Originally posted by: marincounty
Originally posted by: OCguy
Originally posted by: marincounty
Unemployment is at its highest in 26 years. Who was president then? Your hero, Reagan.
You guys should all be thrilled.

Ive heard of Bu bu bu bu Bu$h!!! And Bu Bu Bu Bu Clinton, but we are back at Reagan now?


Oh, the sweet smell of desperation.

The only desperation I smell is right-wingers trying to smear Obama with anything they have. Republicans have so screwed the economy that unemployment is as bad as when their hero Ronnie was in charge. Or are you claiming that the high unemployment is Obama's fault?


Im claiming that Obama's promises with his corporate bailouts are not coming to fruition, and he is going to pay for it in the polls.

There isnt much the leftie parrot squad is going to be able to do to stop it.
Who knows how bad it would have been without them...or not. I've yet to see see any stats showing that it would be the same, better or worse without the bailouts. I do know that we haven't gone into an Economic Depression yet which is what the Bailouts were intended to prevent.
 

Red Dawn

Elite Member
Jun 4, 2001
57,530
3
0
Originally posted by: OCguy
Originally posted by: Red Dawn
Originally posted by: jonks
Damn obama for not stopping this. He's had 5 months already, come on! What does he want more time or something? I'll bet the sick bastard is enjoying this knowing he gets paid for the next 4 years no matter how bad he screws up. Thank god we have educated intelligent posters on AT to put the blame where it belongs!
Well they are putting the blame on Obama as they know this is the blowback from Bush, they are just complaining that Obama didn't magically fix it.

The problem is Obama claimed he could magically fix it with mortgaging our future even more.
Did he actually? He predicted it would help and maybe it has by preventing things from being even worse.

 

OCGuy

Lifer
Jul 12, 2000
27,227
36
91
Originally posted by: Red Dawn

Who knows how bad it would have been without them...or not. I've yet to see see any stats showing that it would be the same, better or worse without the bailouts. I do know that we haven't gone into an Economic Depression yet which is what the Bailouts were intended to prevent.


Well we can all play that game, as someone pointed out earlier in the thread.


Who is to say Saddam wouldnt have acquired Nukes 10 years later and shipped one to a US port?

The American people, as dim as some are, aren't going to buy the "what if" crap.
 

senseamp

Lifer
Feb 5, 2006
35,787
6,195
126
Originally posted by: BoberFett
Originally posted by: senseamp
Originally posted by: Skoorb
Best graph EVER

Most economist agree that without the recovery plan, the "actual" part would be a hell of a lot worse.

Is that kind of like Bush's assertion that without invading Iraq the "actual" terrorist attacks would have been worse?

Keep trying to prove a negative after the fact, fanboy.

Without stimulus money, states would be cutting a lot more jobs to balance budgets, just for starters.
Bush's assertions were pulled out of his butt. This is real.
 

dphantom

Diamond Member
Jan 14, 2005
4,763
327
126
Originally posted by: OCguy
Originally posted by: Red Dawn

Who knows how bad it would have been without them...or not. I've yet to see see any stats showing that it would be the same, better or worse without the bailouts. I do know that we haven't gone into an Economic Depression yet which is what the Bailouts were intended to prevent.


Well we can all play that game, as someone pointed out earlier in the thread.


Who is to say Saddam wouldnt have acquired Nukes 10 years later and shipped one to a US port?

The American people, as dim as some are, aren't going to buy the "what if" crap.

Actually, I think they already did... in November.
 

OCGuy

Lifer
Jul 12, 2000
27,227
36
91
Originally posted by: Red Dawn

Did he actually? He predicted it would help and maybe it has by preventing things from being even worse.


:laugh:


So if it goes to 18%, you can say he stopped it from 25%.
 

OCGuy

Lifer
Jul 12, 2000
27,227
36
91
Originally posted by: senseamp


Without stimulus money, states would be cutting a lot more jobs to balance budgets, just for starters.
Bush's assertions were pulled out of his butt. This is real.



Oh the horror, balanced budgets! Only spending what you can actually afford? Pfffft.....


The states are still going have to cut those same jobs when the stimulus runs out. Oh wait, we can just send them more!
 

Firebot

Golden Member
Jul 10, 2005
1,476
2
0
I love the pissing contest between Democrats and Republicans on where to shift the blame. Never ends no matter who is in charge or was in charge previously.
 

shiner

Lifer
Jul 18, 2000
17,116
1
0
Originally posted by: marincounty
Unemployment is at its highest in 26 years. Who was president then? Your hero, Reagan.
You guys should all be thrilled.

Dealing with the mess that the original Carter had left him.

Not that it has anything to do with the current situation, but if you are going to go back in time to blame Presidents at least remember that Reagan was cleaning up a mess that Carter left behind. Much as Obama is attempting to clean up a mess that Clinton and W. left him.
 

Red Dawn

Elite Member
Jun 4, 2001
57,530
3
0
Originally posted by: OCguy
Originally posted by: Red Dawn

Who knows how bad it would have been without them...or not. I've yet to see see any stats showing that it would be the same, better or worse without the bailouts. I do know that we haven't gone into an Economic Depression yet which is what the Bailouts were intended to prevent.


Well we can all play that game, as someone pointed out earlier in the thread.


Who is to say Saddam wouldnt have acquired Nukes 10 years later and shipped one to a US port?

The American people, as dim as some are, aren't going to buy the "what if" crap.
It's not the same, we were/are definitely in trouble economically where as Iraq's threat was made up.

Now you have said he guaranteed that this will keep unemloyment under 10%. I don't recall him guaranteeing anything except that not all of the measures he's taking will work and that if we do nothing things will get much worse than they already are now. It's only been 5 months, you can't judge any of this for at least two years. Well you and your wingnut buddies can even if it's totally unrealistic.
 

Red Dawn

Elite Member
Jun 4, 2001
57,530
3
0
Originally posted by: shiner
Originally posted by: marincounty
Unemployment is at its highest in 26 years. Who was president then? Your hero, Reagan.
You guys should all be thrilled.

Dealing with the mess that the original Carter and Gerald Ford had left him.

Not that it has anything to do with the current situation, but if you are going to go back in time to blame Presidents at least remember that Reagan was cleaning up a mess that Carter left behind. Much as Obama is attempting to clean up a mess that Clinton and W. left him.
Fixed and you are correct, like Obama, Reagan wasn't responsible for the high unemployment .

 
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