4-year low of unemployment rates

Unfortunately, a large majority of those jobs are un-benefited part time jobs, while full time, benefited jobs dropped and the U6 score went up.
 
lawlz at the lemming that looks at government statistics to see unemployment rates. And even if it is a 4 year-low, it is no where close to what it should be. In the 1980's our economy created about 300,000 jobs per month. Today, our economy creates half of that.
 
We still need around 350-400,000 jobs a month consistently for the next two years to be a pre recession levels again.

Obama is a fucking idiot. He hasn't done anything really to achieve these economic numbers. The markets recovered on their own just because of natural market forces and what not.

The economy has also been SLOWLY expanding. Way slower than what we should be at. This is mostly natural expansion simply because of the mega low we had, this is just the natural rebounding for the most part.

Obama is a an idiot and socialist. If it wasnt for the republican house, or the FED, we would be no where.
 
1. What the fuck is a lemming?2. It was on the news, thanks for the assumption though asshole.

And somefuckinghow Reagan got trickle down economics to work, ford and carter before him didn't do jack shit. Personally I believe in Keynesian Economics, as FDR was successful in bringing the country out of the recession and through the war with it. A boom in peacetime (aka Reagan's terms is a lot less successful in objectivity than FDR's because he used deficit spending to bring the USA out of a worldwide depression AND war with it.) is a lot less impressive.
 
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1. A lemming is a person who doesn't think for themselves, joins a mass movement which usually ends in total destruction, a member of a crowd with no voice of their own, one who speaks and repeats only what they have been told, etc.

2. It was on the news. Exactly. Your a lemming if you get all of your information from corporate mass media and government lies.

I think your confused about trickle down economics. You label it as a Reagan policy, but in reality trickle down economics has been around in theory and in policy since the 1920's. And yes, in theory supply-side economics works. But sadly, because of many factors that have to do with our poor economy and shaky political scene, the wealthy aren't really doing what they should with their additional money. They are putting it in banks, and not investing it in the economy. But I can't blame them, as our economy is shitty and corrupted by our political turmoil. Keynesian Economics does not work. It is based off the idea that an economy is stagnant and aggregate demand can only be shifted by government spending. This doesn't make sense because shifts in aggregate demand are in the short run. When looking at the long run, we can see that the spending that caused the shift in AD demand turn into huge deficits as they grow and grow while their costs are pushed into future taxes. Keynesian economics grants inflation, as increased government spending comes from creating money out of thine air. Inflation causes prices to rise and money value to fall... it should be easy to understand why this is bad for consumer and producers alike. And your so wrong with your assertions about FDR and the new deal. The new deal combined with terrible contractionary monetary policy by the FED turned the panic of 1929 into a full blown depression. Example, one of the New Deal polices was the Smooth-Hawley Tariff Act. It was signed into law on June 17,1930 with the hopes of stimulating the economy and saving American jobs. The act raised tariffs on over 200,000 imported goods, and increased existing tariffs by more than 50% on 3,000 imported goods. In response to the tariff sixty countries placed tariffs on American products. This resulted in U.S. trade falling to half the level of what it was before the tariff was put into place, the unemployment rate rose from 7.8% to 23.6%, and the stock market fell from 280 to 90.

FDR doubled the size of government spending between 1932 and 1940. Increased the top tax rate to 79% and increased market intervention/regulation. He also established bureaucratic price fixing cartels. Unemployment was sill 20% in 1938 under FDR, and his tax hikes caused business to postpone expansion and stop investing. There are countless studies that have been done by economic historians that have concluded that recovery would have been very rapid (3-4 years) had the government not intervened in the ways that it did, and that FDR and new deal legislation prolonged the depression by up to 7 years. Unemployment did not get lower under FDR, yet debt and deficits exploded. Government spending fell from $84 billion in 1945 to under $30 billion in 1946 (even though the Keynesians warned that this would cause another depression, which was false)... that probably had a lot more to do with the recovery than FDR. By 1947 the government was running a budget SURPLUS of 6% of GDP, released about 10 million citizens back into private markets, and had lifted most of the price controls of the new deal.

Get your facts straight son.
 
A 4 year low after a 30 year high is not impressive. Especially when 100% of that job creating money is borrowed from China.
 
So you're telling me that bailing out farmers with fixing prices and reducing the supply IN AN AGRARIAN NATION isn't a smart move? You must be really dense bud.

Oh and if you think that pulling out your APUSH notes and writing a book about them in a post on NS is going to impress me and intimidate me, you need to get your facts straight... son.

Also, like most republicans (broad generalization, but assuming that is what you are since your spewing large amounts of vehemous bullshit right now) you fail to view things objectively and look at the big picture. FDR and his legislation (save for the tariffs, Taft and Wilson are to blame for those) brought the USA out of a worldwide depression and war.

I hope you have a good night.
 
The official unemployment rate is a joke bro. The Labor Force Participation Rate is at the lowest level it's been at since 1979. The only reason unemployment is dropping is because people's unemployment benefits are expiring and people are dropping out of the workforce.

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Furthermore, the U6 rate (which is a better barometer) since it measures unemployment plus those that are underemployed is at 14% and has barely come down at all from the peak of the recession when it was 17%. And on top of all that, unemployment for millennials 25 and under is somewhere near 20%.

http://portalseven.com/employment/unemployment_rate_u6.jsp
 
nailed it! People who have been on the system for 2years have stopped looking for jobs. These people do not count as unemployed anymore. It's total bullshit the numbers the government wants you to believe.
 
I don't like political threads... but I'd say the lazy, corrupt, narrow-minded men and women of our nation's congress are more to blame than the president.

I would say the same thing no matter who was in the oval office.

 
With or without Obama the economy would recover. It doesn't take that much knowledge of how an economy works to know that. Oh and Obama sucks btw
 
Recover to an extent. But the way we're rolling we're pretty much fucking ourselves in the long run.

The government and mainstream news outlets derp so hard on economics.
 
Not sure what APUSH is, but what I do know is that I am painfully close to gaining my Economics degree, and that studying these topics is a huge hobby of mine. So a lot of the information that I provided actually came off the top of my head based on what I have learned in my Econ courses and in books that I have read, podcasts that I have listened to, and countless youtubes of lectures from people like Mises, Hayek, Friedman, Sowell, Woods, etc. that I have watched in my free time. You on the other hand are spewing some bullshit you learned in your watered down high school history book, and have provided no valid reason (facts/data) why I should accept your claims to be true. It is obvious that your an idiot, as you made this joke of a thread, you use no logic/facts/data in your response, you assume I am a republican (hahahahahahahahahahahaha), you look to a douche like AR6Rider for comfort, you accept Keynesiansim but seem to know nothing about it.

Vehenmous bullshit?!?! everything I have "spewed" has been backed by academic studies, and have been talked about by incredibly promenant economists, historians, political scientists etc. Even nobel price winners... you think I made all that shit up and pulled those numbers out of thin air? You say I fail to look at the big picture, when you are the one that is trapped in a statist dogma.

Do you even know what FDR's agricultural policies were and how the affected commodity prices through out a very damaged economy? Or how they accounted for the slaughter of six million pigs and the burning of wheat and cotton? America could not produce enough food to sustain the population on a minimum diet. Did you know that the supreme court declared the Agricultural Adjustment Act unconstitutional in 1936? Going back to economic DATA (something you that you don't have), the AAA, among other things, was responsible for 2 million jobs lost, most of which were farm labors and sharecroppers. All his agricultural polices did were raise commodity agricultural prices, which was probably awesome for the millions of americans already struggling to feed their families and selves.
 
I feel as if the government stopped spending so much on rediculouse government programs that never work, our nation would be in a much better place. There is just to much government control overall and obama is not making it better at all. The control should be within the state government, not our nations government so there's more choice in what the people actually want. You cant have a half and half country of happy and mad people.
 
it doesnt take much econ background to know that there there are hardly any situations where regulation (from government, NGO's, etc.) is beneficial to the market. in the words of momma, "government spending is the devil."
 
look at the number of drone strikes at a four year high. The man is tricking us with a chill black dude, the government is still old man republican as fuck.
 
I don't really see why? The news and most government information is skewed in some matter. Whether its blatant misrepresentation or just leaving out certain statistics (i.e. unemployment rate). To me, the unemployment rate doesn't mean shit. I care more about the participation rate (which is drastically low).
 
But yet the amount of people on unemployment is at an all time high, the amount of people who are not looking for a job is up, and what happened to the doom and gloom the administration said would happen with the sequester and that the sequester would create higher unemployment? Maybe having a balanced budget with controlled spending helps the economy?
 
He and his cabinet created the AAA to fix prices and even paid farmers off to slaughter their herds and burn their crops because the price was too HIGH. Here, try and pay attention to this:

REDUCING SUPPLY, PRICES GO UP

Therefore, your farmers, once again IN AN AGRARIAN NATION, aren't pulling out loans for money they need from banks that don't have money to loan in a worldwide depression.

Oh, and a large number of those families struggling to feed themselves you mention, basically every farmer in the nation was included in that number. So there goes your logic.

And if you think I "find comfort" in ar6, you obviously were really desperate for things to use in your little ad hominem rampage.
 
Are you fucking kidding me? Do you know what NGO means? The term NGO includes all NON GOVERNMENT ORGANIZATIONS including huge corporations that lobby the government and make it damn near impossible for any sort of moderates to exist. The economy is regulated by NGO's. All of the time. It's not supply side economics when huge companies have effectively monopolized their industries. Open a book.
 
Don't forget his support of the war on drugs which convicts blacks at a rate three times higher than whites even though blacks use drugs less frequently than whites.

 
Okay well if you guys think the news is all lies (not saying it's not)

where do you get your current information? how do you know whats going on?
 
The raw amount of people who are blabbering on in this thread with zero knowledge on background in history and markets and the economic factors that impact things such as unemployment leaves me scared for the future of our society.

I'm sure it's all FDR's fault. AUDIT THE FED. Keynes was a homo so his views don't matter. Actual unemployment is higher.

 
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