Author Topic: Jobless rate falls to a 5 year low (Read 1607 times)

rpm · « **Reply #15 on:** April 08, 2007, 10:00:05 AM »

Charles Keating (the one doing the actual damage) was the posterboy of the conservatives and religious rightwingers. Remember, the deregulation that allowed Keating to do the damage was championed by conservatives including Ronald Reagan.

The Keating 5 were the congressmen that were attempting to help Keating and those like him that were doing the actual damage. How John McCain and John Glenn kept from becoming the original Duke Cunningham is nothing short of a miracle.

bj229r · « **Reply #16 on:** April 08, 2007, 10:07:12 AM »

Keating was an unelected business man? (Also a very poor investor)

Toad · « **Reply #17 on:** April 08, 2007, 10:07:27 AM »

Keating was just a crook, nothing more, nothing less. Are you saying there are no liberal crooks?

Again, in this recent sub-prime scam, are you prepared to say the perps are all conservatives and none are liberals?

The point is they are all crooks. The conservative/liberal angle is immaterial; they're thieves no matter what their political persuasion.

bj229r · « **Reply #18 on:** April 08, 2007, 10:12:26 AM »

Quote

Originally posted by rpm
McJobs

That us SOOOOOOooooo 1980's

Quote

Wages continued to grow moderately, bringing the yearly gain for average hourly workers to 4 percent. Both the wage gains and the unemployment rate are at levels attained at the end of the last expansion in 2001, signaling that the job market remains fairly tight despite a slackening of economic growth since last spring.

DREDIOCK · « **Reply #19 on:** April 08, 2007, 10:22:51 AM »

Quote

Originally posted by rpm
McJobs

Actually thats not true.
Overall income is up 4% across the board and not just in the lower paying jobs

"The economy ended up adding 32,000 more jobs in January and February combined than the government estimated a month ago. Economists found that encouraging in assessing the health of the job market and the overall economy.

Workers' paychecks grew last month.

Average hourly earnings climbed to $17.22, up from $16.55 a year earlier. That represented a solid 4 percent increase." -By JEANNINE AVERSA, AP Economics Writer

I dont know of too many McDonalds that pay even $16.55 per hour.

rpm · « **Reply #20 on:** April 08, 2007, 10:27:25 AM »

Quote

Originally posted by Toad
Keating was just a crook, nothing more, nothing less. Are you saying there are no liberal crooks?

Again, in this recent sub-prime scam, are you prepared to say the perps are all conservatives and none are liberals?

The point is they are all crooks. The conservative/liberal angle is immaterial; they're thieves no matter what their political persuasion.

I wouldn't be surprised if ANY politician got caught with their hand in the cookie jar. But, I'll wager if you get to the root of the scandal and follow the money there are conservatives doing the dirty work. What I can't stand is the hypocrisy.

Xargos · « **Reply #21 on:** April 08, 2007, 10:27:29 AM »

America started to fall when the Federal Reserve was formed.

rpm · « **Reply #22 on:** April 08, 2007, 10:37:58 AM »

Quote

Originally posted by DREDIOCK
Actually thats not true.
Overall income is up 4% across the board and not just in the lower paying jobs

Average hourly earnings climbed to $17.22, up from $16.55 a year earlier. That represented a solid 4 percent increase." -By JEANNINE AVERSA, AP Economics Writer

What did the cost of living do during that same period? The average is also bumped by a spike in oil and gas jobs. Those are not permanent. People here where the boom started are already starting to brace for that bubble to burst.

DREDIOCK · « **Reply #23 on:** April 08, 2007, 10:44:00 AM »

Quote

Originally posted by rpm
What did the cost of living do during that same period? The average is also bumped by a spike in oil and gas jobs. Those are not permanent. People here where the boom started are already starting to brace for that bubble to burst.

the wage increase was higher then the cost of living which rose about 3%

the rise in jobs was pretty much across the board

"But there were many more job winners than losers. Construction jobs led the way, especially for contractors and for commercial building. Retailers, health care providers, educational services and leisure and hospitality companies were among those boosting their payrolls."

Toad · « **Reply #24 on:** April 08, 2007, 10:57:50 AM »

Quote

Originally posted by rpm
What I can't stand is the hypocrisy.

Then I'd think your posts in this thread would have you very upset.

bj229r · « **Reply #25 on:** April 08, 2007, 11:02:28 AM »

Quote

Originally posted by rpm
I wouldn't be surprised if ANY politician got caught with their hand in the cookie jar. But, I'll wager if you get to the root of the scandal and follow the money there are conservatives doing the dirty work. What I can't stand is the hypocrisy.

That's why conservatives will always rule the business world and liberals will merely rule college campuses where their effectiveness, or lack thereof, cannot readily be measured:rofl

rpm · « **Reply #26 on:** April 08, 2007, 11:03:44 AM »

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Originally posted by DREDIOCK
the wage increase was higher then the cost of living which rose about 3%

So the net was a 1% increase.

Toad, to which post do you refer? While my views are scattergun compared to most, I'm very consistant in those views.

Toad · « **Reply #27 on:** April 08, 2007, 11:19:50 AM »

I'd say your view that the consevatives are always the thieves.

I find it hard to believe that you really believe that.

If you don't believe that, I believe the hypocrisy is evident in this thread.

DREDIOCK · « **Reply #28 on:** April 08, 2007, 11:26:24 AM »

Quote

Originally posted by rpm
So the net was a 1% increase.

Toad, to which post do you refer? While my views are scattergun compared to most, I'm very consistant in those views.

Alot of places. In fact most places I've seen that give cost of living raises do not give any more then the incrse in the cost of living.

In fact During the 90's I actually worked at a place where the annual cost of living wage increase often didnt even meet the rise in the cost of living.

Remember this isnt the runaway bubble economy of the 90s either where everyone lost their minds, and eventually their shirts based largely on illusion paying 3 times more then stocks were worth.

There isnt a HUGE bubble to burst. Its more moderate growth and much more responcable growth which in the long run is much better then giant spikes upwards.
Giant spkes upwards tend to lead to sudden giant spikes downwards as is well indicated by the events of the 80s (Regan /Bush Sr administrations) and the 90s (Clinton Administration)

DREDIOCK · « **Reply #29 on:** April 08, 2007, 11:31:29 AM »

Quote

Originally posted by Toad
I'd say your view that the consevatives are always the thieves.

I find it hard to believe that you really believe that.

If you don't believe that, I believe the hypocrisy is evident in this thread.

Heh.
They're all theives.
All you have to do is look at the state govenrments of New Jersey and Lousiana to see that republicans have no monopoly on theivery and curruption

They are the ultimate organised crime