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(USA Today)   The Obama administration would like you to know that the unemployment rate is NOT 8.3%, but is actually 8.254%. I feel better now   (content.usatoday.com) divider line 202
    More: Asinine, obama, unemployment, Obama administration, Alan Krueger  
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462 clicks; posted to Politics » on 03 Aug 2012 at 4:52 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-03 03:20:07 PM
Technically, they're correct. The media hardly reports the the actual mathematical figure. I suppose using more than one significant digit in your reporting is more than the average reader can handle these days.
 
2012-08-03 03:22:00 PM
What's the difference between 8.3% and 5%, if you're still out of work?

What matters is if you're trying to do something about it.

The Democrats are. The GOP? Not so much.
 
2012-08-03 03:22:22 PM
After losing millions of manufacturing jobs in the years before and during the recession, the economy has added 532,000 manufacturing jobs since January 2010 - the strongest growth for any 30-month period since June 1989. Link

Bueno.
 
2012-08-03 03:25:11 PM

Dusk-You-n-Me: After losing millions of manufacturing jobs in the years before and during the recession, the economy has added 532,000 manufacturing jobs since January 2010 - the strongest growth for any 30-month period since June 1989. Link

Bueno.


Wow, that IS pretty awesome.
 
2012-08-03 03:26:01 PM

Dusk-You-n-Me: After losing millions of manufacturing jobs in the years before and during the recession, the economy has added 532,000 manufacturing jobs since January 2010 - the strongest growth for any 30-month period since June 1989. Link

Bueno.


If we are going to get out of this, we have to get manufacturing jobs back here. Why are the farking Job Creators still creating so many farking jobs overseas? They need to be penalized for doing so, or incentivized to stay here. Instead, with our tax code the way it is, they are rewarded for moving their businesses offshore and overseas.
 
2012-08-03 03:27:35 PM
considering we're just four years clear of the worst economic catastrophe since the crash of 1929 (and that republicans have fought every single piece of economic legislation tooth and nail), i'd say things are going better than expected.
 
2012-08-03 03:31:14 PM

AdolfOliverPanties: Why are the farking Job Creators still creating so many farking jobs overseas?


If you ask the corporations, they'll tell you that they have no choice - in order to compete, they have to do what their competitors do in order to stay afloat.

And then you see what kind of profits they're raking in and realize that they're mostly full of shiat.
 
2012-08-03 03:32:17 PM
The unemployment rate for veterans fell to its lowest level in more than three years, dropping to 6.9 percent. Link

thinkprogress.org



Bueno.
 
2012-08-03 03:33:30 PM
"The household survey showed that the unemployment rate ticked up to 8.3% in July (or, more precisely, the rate rose from 8.217% in June to 8.254% in July)," wrote Krueger, chairman of the Council of Economic Advisers.

THIS PRECISION IS AN OUTRAGE!
 
2012-08-03 03:36:02 PM
Big pretty charts. Link
 
2012-08-03 03:39:10 PM

Fun with numbers. At this pt in their presidencies, including every month, GWBush had lost 978k jobs, O had lost 316k

- Sam Stein (@samsteinhp) August 3, 2012

In 1st year Bush lost 1.761m jobs, Obama lost 5.06m. In 2yrs 7mths after, O created 3.926m, Bush created 768k

- Sam Stein (@samsteinhp) August 3, 2012
 
2012-08-03 03:42:56 PM

In 5 mnths after 9/11 (not counting Sept.) economy lost 1.079m jobs. In 5 mnths after O took office (not counting Jan), 3.058m jobs lost

- Sam Stein (@samsteinhp) August 3, 2012

Best 6-month period of job creation. BUSH: 1.557m jobs from Nov '05 to April '06. OBAMA: 1.228m jobs from Sept. '11 to Feb '12

- Sam Stein (@samsteinhp) August 3, 2012
 
2012-08-03 03:44:31 PM
Submitter: The Obama administration would like you to know that the unemployment rate is NOT 8.3%, but is actually 8.254%. I feel better now

I would have felt even better if they rounded it off to whole numbers, like 8%. :-)

/The more math you know ...
 
vpb [TotalFark]
2012-08-03 03:54:08 PM

Lando Lincoln: What's the difference between 8.3% and 5%, if you're still out of work?

What matters is if you're trying to do something about it.

The Democrats are. The GOP? Not so much.


Yes, but he hasn't cleaned up the mess the GOP left like he said he would, so vote Republican.
 
2012-08-03 03:54:56 PM
Bullshiat rage over bullshiat. Nice.

FFS
 
2012-08-03 03:55:08 PM
If you are unemployed, a high unemployment rate makes you feel better, because you have something to blame your situation on. If you're employed, a high unemployment rate motivates you to work harder. I don't understand why anyone is trying to reduce the number. If anything, we should want it to go up.
 
2012-08-03 03:59:24 PM

rumpelstiltskin: I don't understand why anyone is trying to reduce the number. If anything, we should want it to go up.


Well then Obama's your man.
 
2012-08-03 04:00:33 PM
How many jobs is 0.746%?

Why do you hate however many 0.746% is, subby? WHY?!?!
 
2012-08-03 04:00:42 PM

SkinnyHead: rumpelstiltskin: I don't understand why anyone is trying to reduce the number. If anything, we should want it to go up.

Well then Obama's your man.


Really? The Rate was 9.1% when he took office, it's 8.25% now. How is "Obama your man" if you want the rate to go up?
 
2012-08-03 04:02:51 PM
I am not a strong mather.

1.bp.blogspot.com
 
2012-08-03 04:12:56 PM

cameroncrazy1984: SkinnyHead: rumpelstiltskin: I don't understand why anyone is trying to reduce the number. If anything, we should want it to go up.

Well then Obama's your man.

Really? The Rate was 9.1% when he took office, it's 8.25% now. How is "Obama your man" if you want the rate to go up?


Because... MUSLIM SOCIALISM!

24.media.tumblr.com
 
2012-08-03 04:21:27 PM

cameroncrazy1984: Really? The Rate was 9.1% when he took office, it's 8.25% now. How is "Obama your man" if you want the rate to go up?


Well thank goodness a good chunk of people have stop looking for a job or the number would be much much higher! If the same number of people who were looking for work when Obama took office were still looking for work then the number would be around 11%.

But if you really want to see how we are doing keep to the U6 numbers

Link
 
2012-08-03 04:34:42 PM

cameroncrazy1984: SkinnyHead: rumpelstiltskin: I don't understand why anyone is trying to reduce the number. If anything, we should want it to go up.

Well then Obama's your man.

Really? The Rate was 9.1% when he took office, it's 8.25% now. How is "Obama your man" if you want the rate to go up?


Unemployment was 7.6% in January of 2009. And Obama predicted that it would peak at 9% and then fall back on its own to 5.5% by 2012. Remember his graph? He promised that spending nearly trillion dollars on stimulus would hold unemployment below 8%, and that it would be down to 5% by now. That never happened. So if you want economic failure and high unemployment, Obama's your man.
 
2012-08-03 04:35:02 PM

The Stealth Hippopotamus: Well thank goodness a good chunk of people have stop looking for a job or the number would be much much higher


You mean the 300k a month that are retiring because they're boomers? Whoops, there goes that busted talking point.
 
2012-08-03 04:37:36 PM

SkinnyHead: Unemployment was 7.6% in January of 2009. And Obama predicted that it would peak at 9% and then fall back on its own to 5.5% by 2012.


No, he didn't. Additionally, Obama didn't come into office until Jan 20. You really want to blame 20 days of Bush unemployment on Obama?
 
2012-08-03 04:38:02 PM

SkinnyHead: cameroncrazy1984: SkinnyHead: rumpelstiltskin: I don't understand why anyone is trying to reduce the number. If anything, we should want it to go up.

Well then Obama's your man.

Really? The Rate was 9.1% when he took office, it's 8.25% now. How is "Obama your man" if you want the rate to go up?

Unemployment was 7.6% in January of 2009. And Obama predicted that it would peak at 9% and then fall back on its own to 5.5% by 2012. Remember his graph? He promised that spending nearly trillion dollars on stimulus would hold unemployment below 8%, and that it would be down to 5% by now. That never happened. So if you want economic failure and high unemployment, Obama's your man.


To be fair, the President does not have a big button on his desk that says "Create Jobs". What you have been conditioned to believe is false; the President does not have the power that people think he does over the economy. Where we the consumers are the engine, the President is like the windshield on a car where the car represents the economy.
 
2012-08-03 04:44:44 PM

The Stealth Hippopotamus: But if you really want to see how we are doing keep to the U6 numbers


Yeah, not really.

From some other website:

The "U-6" includes two groups of people that the "U-3" does not:

1. "Marginally attached workers" - people who are not actively looking for work, but who have indicated that they want a job and have looked for work (without success) sometime in the past 12 months. This class also includes "discouraged workers" who have completely given up on finding a job because they feel that they just won't find one.


AKA "losers"

2. People who are looking for full-time work but have to settle on a part-time job due to economic reasons. This means that they want full-time work, but can't find it.

AKA "employed people"
 
2012-08-03 04:54:05 PM

Lando Lincoln: AdolfOliverPanties: Why are the farking Job Creators still creating so many farking jobs overseas?

If you ask the corporations, they'll tell you that they have no choice - in order to compete, they have to do what their competitors do in order to stay afloat.

And then you see what kind of profits they're raking in and realize that they're mostly full of shiat.


But doesn't "compete" mean "make the most money?"
 
2012-08-03 04:54:31 PM
0.037% is exactly the same as .1%. It says so in the bible.
 
2012-08-03 04:55:44 PM

Lando Lincoln: What's the difference between 8.3% and 5%, if you're still out of work?

What matters is if you're trying to do something about it.

The Democrats are. The GOP? Not so much.


This.
 
2012-08-03 05:00:10 PM
Want a job?

Get a 4 year degree.

The government will even help you pay for it.

And here's the proof.
i457.photobucket.com
 
2012-08-03 05:02:23 PM
"And the White House's attempts to argue show just how out of touch they are."

Can I just state for the record that I am sick and tired of people trying to score points by saying "so and so is 'out of touch'"? I don't give a flying fark how 'out of touch' any politician is.

Much more interested in whether or not they are able to fix the problem.

I don't need anyone to 'feel my pain' or 'have a beer with'.

Just fix it. Stop arguing over why it's not your fault.

Just fix it.
 
2012-08-03 05:05:51 PM

cman: To be fair, the President does not have a big button on his desk that says "Create Jobs". What you have been conditioned to believe is false; the President does not have the power that people think he does over the economy. Where we the consumers are the engine, the President is like the windshield on a car where the car represents the economy.


To be fair, Obama conditioned people to think that he had all the answers. When he took office, he said: ""If I don't have this done in three years, then there's going to be a one-term proposition."

Nobody promised Obama that the job would be easy. He didn't get it done in three years like he promised. His failed presidency should be considered a one-term proposition, just like he said.
 
2012-08-03 05:06:39 PM

BarkingUnicorn: Lando Lincoln: AdolfOliverPanties: Why are the farking Job Creators still creating so many farking jobs overseas?

If you ask the corporations, they'll tell you that they have no choice - in order to compete, they have to do what their competitors do in order to stay afloat.

And then you see what kind of profits they're raking in and realize that they're mostly full of shiat.

But doesn't "compete" mean "make the most money?"


Yes. In the world of Wall Street, there's first place and then there's utter failure.
 
2012-08-03 05:06:48 PM

cameroncrazy1984: SkinnyHead: Unemployment was 7.6% in January of 2009. And Obama predicted that it would peak at 9% and then fall back on its own to 5.5% by 2012.

No, he didn't. Additionally, Obama didn't come into office until Jan 20. You really want to blame 20 days of Bush unemployment on Obama?


Why not? They sure seem comfortable blaming Obama for job losses that occurred all through 2008.
 
2012-08-03 05:08:05 PM
Comparing unemployment rate fluctuation between President Bush and President Obama.

Bush
1/20/2001: 4.2%
1/20/2009: 7.7%
Unemployment Rate Change: 83.33% increase

Obama
1/20/2009: 7.7%
Currently: 8.3%
Unemployment Rate Change: 7.80% increase
 
2012-08-03 05:08:25 PM

BojanglesPaladin: "And the White House's attempts to argue show just how out of touch they are."

Can I just state for the record that I am sick and tired of people trying to score points by saying "so and so is 'out of touch'"? I don't give a flying fark how 'out of touch' any politician is.

Much more interested in whether or not they are able to fix the problem.

I don't need anyone to 'feel my pain' or 'have a beer with'.

Just fix it. Stop arguing over why it's not your fault.

Just fix it.


Have to say I agree with you on this. Just farking work the shiat out.
 
2012-08-03 05:09:13 PM

SkinnyHead: To be fair, Obama conditioned people to think that he had all the answers. When he took office, he said: ""If I don't have this done in three years, then there's going to be a one-term proposition."


What, exactly, was he talking about when he said that? And why haven't you answered my question about why Obama should be responsible for 20 days of Bush job numbers?
 
2012-08-03 05:09:47 PM

SkinnyHead: cman: To be fair, the President does not have a big button on his desk that says "Create Jobs". What you have been conditioned to believe is false; the President does not have the power that people think he does over the economy. Where we the consumers are the engine, the President is like the windshield on a car where the car represents the economy.

To be fair, Obama conditioned people to think that he had all the answers. When he took office, he said: ""If I don't have this done in three years, then there's going to be a one-term proposition."

Nobody promised Obama that the job would be easy. He didn't get it done in three years like he promised. His failed presidency should be considered a one-term proposition, just like he said.


His "failed presidency" was much better for the American people than the last Republican administration. While I agree that he didn't keep his promise, the alternative is a horrible proposition. Thus I will reluctantly vote Obama.
 
2012-08-03 05:09:48 PM

AdolfOliverPanties: Dusk-You-n-Me: After losing millions of manufacturing jobs in the years before and during the recession, the economy has added 532,000 manufacturing jobs since January 2010 - the strongest growth for any 30-month period since June 1989. Link

Bueno.

If we are going to get out of this, we have to get manufacturing jobs back here. Why are the farking Job Creators still creating so many farking jobs overseas? They need to be penalized for doing so, or incentivized to stay here. Instead, with our tax code the way it is, they are rewarded for moving their businesses offshore and overseas.


Why do want manufacturing jobs? Heading towards a 19th century economy isn't exactly going to help a lot. Maybe you should aim to build jobs in things that require decent infrastructure/education, where you have actual existing economic advantages over the vast majority of the worlds population, rather than try to create more jobs in a declining part of the world economy in which you have massive comparitive economic weaknesses?
 
2012-08-03 05:10:10 PM

Edsel: Have to say I agree with you on this. Just farking work the shiat out.


Tell that to the Republicans who are completely refusing to compromise. You don't see Obama saying that he's not going to accept anything the Republicans give him. You 100% see Republicans doing that.
 
2012-08-03 05:10:49 PM

hugram: Comparing unemployment rate fluctuation between President Bush and President Obama.

Bush
1/20/2001: 4.2%
1/20/2009: 7.7%
Unemployment Rate Change: 83.33% increase

Obama
1/20/2009: 7.7%
Currently: 8.3%
Unemployment Rate Change: 7.80% increase


Do it ignoring the first six months of both their terms, like Romney said it should be done.
 
2012-08-03 05:10:57 PM

xria: Why do want manufacturing jobs? Heading towards a 19th century economy isn't exactly going to help a lot. Maybe you should aim to build jobs in things that require decent infrastructure/education,


Things like CRC operators? Oh, right those are the evil 19th century manufacturing jobs that you don't want.
 
2012-08-03 05:13:46 PM
Hey, submitter: this might surprise you, but there is quite a difference between .1 - what the increase looks like without precision - and .037, which is what the increase actually is.
 
2012-08-03 05:15:01 PM

cameroncrazy1984: SkinnyHead: Unemployment was 7.6% in January of 2009. And Obama predicted that it would peak at 9% and then fall back on its own to 5.5% by 2012.

No, he didn't. Additionally, Obama didn't come into office until Jan 20. You really want to blame 20 days of Bush unemployment on Obama?


It was something close to that, I think he predicted six. The fact of the matter is though that you're just posting bullshiat numbers and got called on it by skinnyhead.

/It makes me giggle.
 
2012-08-03 05:17:29 PM

I alone am best: It was something close to that, I think he predicted six. The fact of the matter is though that you're just posting bullshiat numbers and got called on it by skinnyhead.

/It makes me giggle


I didn't post bullsh*t numbers, unless you think Obama is directly responsible for jobs lost in January and February. Additionally, the 5% prediction was based on a much larger stimulus. Do you really think that's an accurate prediction considering the wasn't close to that size?

But hey, continue giggling and ignoring reality.
 
2012-08-03 05:19:34 PM

qorkfiend: Hey, submitter: this might surprise you, but there is quite a difference between .1 - what the increase looks like without precision - and .037, which is what the increase actually is.


If you round unemployment to the nearest 16.5%, Obama has been responsible for a jump from 0% to 16.5%. In one month.
 
2012-08-03 05:21:04 PM

sprawl15: qorkfiend: Hey, submitter: this might surprise you, but there is quite a difference between .1 - what the increase looks like without precision - and .037, which is what the increase actually is.

If you round unemployment to the nearest 16.5%, Obama has been responsible for a jump from 0% to 16.5%. In one month.


Fark him. I'm voting for Romney; his economic plan only rounds to the nearest 15%.
 
2012-08-03 05:22:24 PM

cameroncrazy1984: I alone am best: It was something close to that, I think he predicted six. The fact of the matter is though that you're just posting bullshiat numbers and got called on it by skinnyhead.

/It makes me giggle

I didn't post bullsh*t numbers, unless you think Obama is directly responsible for jobs lost in January and February. Additionally, the 5% prediction was based on a much larger stimulus. Do you really think that's an accurate prediction considering the wasn't close to that size?

But hey, continue giggling and ignoring reality.


I don't think he was responsible for much of anything during his presidency. Besides some domestic issues what has he done?
 
2012-08-03 05:23:12 PM
can someone answer something for me.

If the GOP is blasting Obama for "you didn't build that" saying the government has nothing to do with business and job creation at the same time saying he didn't create enough jobs.

Does no one else see the cognitive dissonance going on there?
 
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