« previous next »
Pages: [1]   Go Down

Author Topic: US jobless claims at 10-year high  (Read 427 times)

Offline Krusher

  • Gold Member
  • *****
  • Posts: 2246
US jobless claims at 10-year high
« on: September 15, 2005, 02:04:25 PM »
Katrina has whacked the US economy and this is the first big numbered indicator.

----------------

US jobless claims at 10-year high -
The US Labor Department said 71,000 people signed up for benefits last week - with 68,000 of those claims directly attributable to the effect of Katrina.

The increase is more than was seen after the 11 September terror attacks.


-----------------

I wonder how long it will take before the usual suspects start calling it the "Bush Economy" or the worst economy in 50 years or some other nonsense.
Logged

Offline AKS\/\/ulfe

  • Platinum Member
  • ******
  • Posts: 4287
US jobless claims at 10-year high
« Reply #1 on: September 15, 2005, 02:54:13 PM »
Why didn't Bush create jobs? Imagine, he could have put all those claiming benefits to work cleaning up. How to pay for them? Why with oil of course!
-SW
Logged

Offline Shane

  • Platinum Member
  • ******
  • Posts: 7983
gasp!!!
« Reply #2 on: September 15, 2005, 04:14:00 PM »
Logged
Surrounded by suck and underwhelmed with mediocrity.
I'm always right, it just takes some poepl longer to come to that realization than others.
I'm not perfect, but I am closer to it than you are.
"...vox populi, vox dei..."  ~Alcuin ca. 798
Truth doesn't need exaggeration.

Offline Maverick

  • Plutonium Member
  • *******
  • Posts: 13958
US jobless claims at 10-year high
« Reply #3 on: September 15, 2005, 05:10:23 PM »
Uing this as an indicator for the overall economy is bogus. The jobs issue is a short term situation for the ones related to Katrina. :rolleyes:

(You're right this rolly eye is definately not as good as the original!)
Logged
DEFINITION OF A VETERAN
A Veteran - whether active duty, retired, national guard or reserve - is someone who, at one point in their life, wrote a check made payable to "The United States of America", for an amount of "up to and including my life."
Author Unknown

Offline Staga

  • Parolee
  • Platinum Member
  • ******
  • Posts: 5334
      • http://www.nohomersclub.com/
Re: gasp!!!
« Reply #4 on: September 15, 2005, 06:13:14 PM »
Quote
Originally posted by Shane


ROTFLMAO :rofl
Logged

Offline Meatwad

  • Plutonium Member
  • *******
  • Posts: 12896
US jobless claims at 10-year high
« Reply #5 on: September 15, 2005, 06:46:58 PM »
Fix some of the joblessness and build some refineries. If tree huggers or activists get in their way, squish em. Dont think they can stop a 'dozer with their squishy bodies.
Logged
See Rule 19- Do not place sausage on pizza.
I am No-Sausage-On-Pizza-Wad.
Das Funkillah - I kill hangers, therefore I am a funkiller. Coming to a vulchfest near you.
You cant tie a loop around 400000 lbs of locomotive using a 2 foot rope - Drediock on fat women

Offline SOB

  • Plutonium Member
  • *******
  • Posts: 10138
Re: US jobless claims at 10-year high
« Reply #6 on: September 15, 2005, 08:05:27 PM »
Quote
Originally posted by Krusher
I wonder how long it will take before the usual suspects start calling it the "Bush Economy" or the worst economy in 50 years or some other nonsense.

Fortunately, we don't need to wonder how long it will be before the usual suspects create their own little scenario to rage against.  The real question is; how long will it take Gunslinger to get here?
Logged
Three Times One Minus One.  Dayum!

Offline Gunslinger

  • Plutonium Member
  • *******
  • Posts: 10084
Re: Re: US jobless claims at 10-year high
« Reply #7 on: September 15, 2005, 10:08:58 PM »
Quote
Originally posted by SOB
Fortunately, we don't need to wonder how long it will be before the usual suspects create their own little scenario to rage against.  The real question is; how long will it take Gunslinger to get here?


not too long I guess  :cool:

Personally.....I dont care.  I have really given up on Bush and could really care less what he does anymore.

The economy is going to take a hit for sure.  I'm just hoping the housing market doesn't go bust before March (I'm buying a house in San Antonio in march)

Heck he should just cut a trillion in taxes then spend a couple hundred billion here and a couple hundred billion there a few more times and all will be good right?
Logged

Offline DREDIOCK

  • Plutonium Member
  • *******
  • Posts: 17775
Re: Re: Re: US jobless claims at 10-year high
« Reply #8 on: September 16, 2005, 12:02:01 AM »
Quote
Originally posted by Gunslinger
not too long I guess  :cool:



The economy is going to take a hit for sure.  I'm just hoping the housing market doesn't go bust before March (I'm buying a house in San Antonio in march)

Heck he should just cut a trillion in taxes then spend a couple hundred billion here and a couple hundred billion there a few more times and all will be good right?


Actually while it may be a hit on the economy I think it will be a short term hit that in the end will result  in a positive for the economy.

All that rebuilding will have to mean job creation. Increased sales in building supplies in everything that goes with it
And what investor in his right mind wouldnt want to develop in N.O.?
Its only one of the most famous cities in the world

Mark my words. In the end this will turn out to be a boom and like it or not. "Boosh" is going to come out of it smelling like roses
Logged
Death is no easy answer
For those who wish to know
Ask those who have been before you
What fate the future holds
It ain't pretty

Offline Gunslinger

  • Plutonium Member
  • *******
  • Posts: 10084
Re: Re: Re: Re: US jobless claims at 10-year high
« Reply #9 on: September 16, 2005, 12:26:44 AM »
Quote
Originally posted by DREDIOCK
Actually while it may be a hit on the economy I think it will be a short term hit that in the end will result  in a positive for the economy.

All that rebuilding will have to mean job creation. Increased sales in building supplies in everything that goes with it
And what investor in his right mind wouldnt want to develop in N.O.?
Its only one of the most famous cities in the world

Mark my words. In the end this will turn out to be a boom and like it or not. "Boosh" is going to come out of it smelling like roses


That could happen.  I heard a talking head make some good sense today in that one positive effect of these "evacuees" is that they have been dispersed out so much that this impact might be short lived and they may be better off for the most part.
Logged

Offline Charon

  • Gold Member
  • *****
  • Posts: 3705
US jobless claims at 10-year high
« Reply #10 on: September 16, 2005, 08:19:14 AM »
Quote
build some refineries. If tree huggers or activists get in their way, squish em.


What if the industry doesn't want to build new refinieries? How many did it shout down after 1980 deregulation? 150 or so of the 300 or so we had? No tree huggers involved in that.

They may want to build one or two in today's market, but overcapacity doesn't make much business sense.

Charon
Logged

Offline ASTAC

  • Silver Member
  • ****
  • Posts: 1654
US jobless claims at 10-year high
« Reply #11 on: September 16, 2005, 08:28:35 AM »
Joblessness is an illusion, mainly because thos ethat lose their jobs working for a certain amount of money, refuse to take jobs considered "beneath" them for less pay.

There is work for anyone who truly wants to work...If there wasn't then how do they explain the immigration problem?
Logged
That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety

Offline Sandman

  • Plutonium Member
  • *******
  • Posts: 17620
US jobless claims at 10-year high
« Reply #12 on: September 17, 2005, 01:30:23 AM »
Quote
Originally posted by ASTAC

There is work for anyone who truly wants to work...If there wasn't then how do they explain the immigration problem?


According to a few people on this BBS, our welfare system explains the immigration problem quite nicely.
Logged
sand

Offline Sixpence

  • Platinum Member
  • ******
  • Posts: 5265
      • http://www.onpoi.net/ah/index.php
US jobless claims at 10-year high
« Reply #13 on: September 17, 2005, 01:51:09 AM »
Quote
Originally posted by Sandman
According to a few people on this BBS, our welfare system explains the immigration problem quite nicely.


That was good, even for a raiders fan
Logged
"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)
Pages: [1]   Go Up
« previous next »