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(Talking Points Memo)   Moments after the unemployment numbers were released, Jack Welch insisted the Bureau of Labor Statistics was part of a vast conspiracy and they are helping President Obama change numbers. Jack Welch has created a Job Truthers movement   (2012.talkingpointsmemo.com) divider line 73
    More: Followup, Bureau of Labor Statistics, President Obama, truther, rules for radicals, Saul Alinsky, local governments, wharton business school, Department of Labor  
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6269 clicks; posted to Main » on 05 Oct 2012 at 1:28 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
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Archived thread
2012-10-05 11:38:22 AM
7 votes:
Well, America had a nice run, but she can't compete with the massive amount of FUD because 40% of the country doesn't like the president despite things getting demonstratively and quantitatively better over the last 4 years.

I wish we had a computer sim of the last 4 years, and we could see what would happen if Republicans hadn't made Obama being a one term president their number one goal, and instead had worked with him.
2012-10-05 11:38:44 AM
6 votes:
He has every right to be suspicious. Top business leaders had been colluding to keep unemployment high by not hiring. This flys in the face of their efforts.
2012-10-05 11:32:12 AM
6 votes:
So:
Anything that looks even remotely bad for Romney = Grand conspiracy or falsehood to get Obama reelected.
Anything that looks even remotely bad for Obama = God's honest truth and should be trusted with every fiber of your being.

does that cover it?
2012-10-05 01:57:45 PM
4 votes:

Edsel: publikenemy: Who cares..7.9% ..right back where we were in January 2009...4 trillion dollars later

Actually, 7.8%. Which is lower than it was when Obama took office. You're welcome.


And that's WITH the Republicans doing everything in their power to hamstring the economy to hurt Obama.
2012-10-05 01:55:25 PM
4 votes:
Jack Welch knows plenty about cooking books.

www.ritholtz.com
2012-10-05 01:37:53 PM
4 votes:

teto85: The billionaire who retired with a billion dollar pension from GE? That Jack Welch? That lying sack of crap?


Yes, the same Jack Welsh who would fire 10% of his executives yearly based on the vote (effectively) of all of those executives. Look up "vitality curve" to see what I mean.

He's an overrated buffoon who's opinion is worth less than dog shiat.
2012-10-05 02:29:31 PM
3 votes:

TaskMan: shower_in_my_socks: TaskMan: i'd just like to point out that Dubya's 7th year in office was also the year when the Dems took over congress.


So the Great Recession was created in just 6 months? That's just farking retarded.

You want to believe that 800,000 jobs were created in 1 month. How is this any less retarded?


The data that is used to comprise the unemployment numbers is made public for peer review, and is widely used by analysts in the private sector and academia. Meaning, if the numbers are being cooked, it could and would be readily and easily pointed out.

If you and other tinfoil hat nutjobs want to make the allegation of some wild conspiracy theory, the burden of proof is on you to prove your thesis. The data is available for you to do so.

Until then, we get to point and laugh at you.
2012-10-05 02:17:38 PM
3 votes:

TaskMan: i'd just like to point out that Dubya's 7th year in office was also the year when the Dems took over congress.



So the Great Recession was created in just 6 months? That's just farking retarded.
2012-10-05 02:05:53 PM
3 votes:

publikenemy: How can you defend 4 trillion wasted dollars..



The Great Depression II has been averted, and you're in a thread that is celebrating the continued lowering of the unemployment rate after a massive recession that hit during your boy Dubya's 7th year in office. I could go farther, but I'm putting dumbasses like you on ignore instead -- you brainwashed trolls aren't worth the time.
2012-10-05 01:57:58 PM
3 votes:

publikenemy: Who cares..7.9% ..right back where we were in January 2009...4 trillion dollars later



That's how much it cost us to clean up the last Republican mess. Let's not have to do that again, OK?
2012-10-05 01:55:02 PM
3 votes:

JerseyTim: He has every right to be suspicious. Top business leaders had been colluding to keep unemployment high by not hiring. This flys in the face of their efforts.


And this is the first thing I think about when they start screaming about conspiracies. None of us were even thinking about conspiracy. So as it is in relationships and voter fraud, the first one to make an issue of it is usually the guilty party projecting their own sins on others.
2012-10-05 01:36:50 PM
3 votes:
FTA: "hoping for bad news".
Pretty much sums up the extent of GOP planing these days.
Egg sucking dogs would be more helpful.
Four years of intentionally dragging the country down "because there is a farking Black Man in OUR White House" is so old and busted.

These fundies are not going to get over it. Call it what it is, TREASON, and start hanging the asshats.

There is no butthurt like Fundie Butthurt. It is of biblical proportions.
2012-10-05 03:38:51 PM
2 votes:

Thunderpipes: It has, absolutely. How succesful is Apple for instance? Think they could do that paying workers $35 an hour to make their phones? Think the millions of people who went from manufacturing to high tech jobs miss it? Do you want to work in a sneaker factory?


If they weren't paying senior executives upwards of $2 million per MONTH, building ridiculous monuments to themselves like giant glass cube stores, and a massive mothership-style circular campus, yes, they absolutely could. They have $100 billion in the bank and no debt. They could build every single item in the US. Stock price wouldn't be an absurdly inflated $650 per share, but the company would still be doing great.
2012-10-05 02:49:52 PM
2 votes:

HotWingConspiracy: bugontherug: Worth noting that Gallup Daily Tracking, which uses a five day rolling average, reports no uptick for Romney yet from the debate. In fact, it gives Obama a gain of one. That average would have included yesterday, the day after the debate.

Granted, it isn't a lot of data. But the preliminary evidence suggests the debate probably won't turn the race upside down.

Link

B-b-but Romney said stuff! He won by being a dick and lying! The media said so.


The only thing anybody will remember a week from now is that Romney wants to fire Big Bird.
2012-10-05 02:16:22 PM
2 votes:
You know what's funny?

If you present conservatives with facts, their standard operating procedure is to attack the messenger.
If you tell them that some dude rose from the dead 2000 years ago, they accept that without question.
2012-10-05 02:10:21 PM
2 votes:

Hobodeluxe: just imagine what it would be if they had accepted the 4 trillion in cuts and the jobs bills Obama has offered up?



You mean the Obama jobs bill that Republicans deny ever even existed? Farking treasonous right wing @ssholes. Americans suffered because of them.
2012-10-05 02:08:39 PM
2 votes:

Thunderpipes: and the household survey, flat for years


If you take a look at the trend from Jan 2010 to today, it's clearly not flat, it's declining. Today's release isn't outside of the trend at all.

Source
2012-10-05 02:08:36 PM
2 votes:
Today's GOP: "We want bad things for Americans unless we're in charge."

fark you.
2012-10-05 02:03:11 PM
2 votes:

legalgus: Since when is 7.8% good?


When you inherit the greatest financial crises since the great depression?
2012-10-05 01:58:54 PM
2 votes:
Raising questions about the unemployment rate number falling so close to the election is one thing. Claiming it's a massive conspiracy looks like certifiable batshiat farktardery. Rethuglicans might want to be careful about how much they push this thing. Go overboard on it and you appear to be rooting for the country to fail. Besides, most voters already make a mental adjustment and put the unemployment rate at least 5-10 percentage points above the official number to account for all the people who have become so discouraged that they simply stop looking for work, at least for a while.

\horrified by what's happened to the GOP, but happy that now even many conservatives see Obama isn't the caricature he's often made out to be.
2012-10-05 01:56:42 PM
2 votes:

Lt_Ryan: meat0918: Well, America had a nice run, but she can't compete with the massive amount of FUD because 40% of the country doesn't like the president despite things getting demonstratively and quantitatively better over the last 4 years.

I wish we had a computer sim of the last 4 years, and we could see what would happen if Republicans hadn't made Obama being a one term president their number one goal, and instead had worked with him.

Obama: I won.

Not sure if you can pin the non-cooperation solely on the the Republicans.


images.politico.com

Boehner: I do. When you look at this final agreement that we came to with the white House, I got 98 percent of what I wanted. I'm pretty happy.

i51.tinypic.com 

We can do this dance all day, but there are many, many examples of the president reaching out and incorporating some Republican ideas into his proposals and the Republicans smacking the hand away.
2012-10-05 01:54:51 PM
2 votes:

publikenemy: Who cares..7.9% ..right back where we were in January 2009...4 trillion dollars later


Actually, 7.8%. Which is lower than it was when Obama took office. You're welcome.
2012-10-05 01:54:47 PM
2 votes:
Jack Welch? You mean that guy that sold out GE for short term gain that almost led to the collapse of the company?
2012-10-05 01:45:51 PM
2 votes:

dontpointthatthingatme: The timing is a little suspect



The jobs reports are released on a timed schedule. I could have told you a year ago that there would be a BLS jobs report today because that's been on the BLS schedule for that long.

If the report was bad, none of the right wingnuts would have any problems with the timing. "Ooooh, and the hits on Obama just keep coming!"

The BLS report schedule from this past year:

October 2011 - Nov. 04, 2011 - 08:30 AM
November 2011 - Dec. 02, 2011 - 08:30 AM
December 2011 - Jan. 06, 2012 - 08:30 AM
January 2012 - Feb. 03, 2012 - 08:30 AM
February 2012 - Mar. 09, 2012 - 08:30 AM
March 2012 - Apr. 06, 2012 - 08:30 AM
April 2012 - May. 04, 2012 - 08:30 AM
May 2012 - Jun. 01, 2012 - 08:30 AM
June 2012 - Jul. 06, 2012 - 08:30 AM
July 2012 - Aug. 03, 2012 - 08:30 AM
August 2012 - Sep. 07, 2012 - 08:30 AM
September 2012 - Oct. 05, 2012 - 08:30 AM
October 2012 - Nov. 02, 2012 - 08:30 AM
November 2012 - Dec. 07, 2012 - 08:30 AM
2012-10-05 01:44:36 PM
2 votes:

meat0918: Well, America had a nice run, but she can't compete with the massive amount of FUD because 40% of the country doesn't like the president despite things getting demonstratively and quantitatively better over the last 4 years.

I wish we had a computer sim of the last 4 years, and we could see what would happen if Republicans hadn't made Obama being a one term president their number one goal, and instead had worked with him.


Obama: I won.

Not sure if you can pin the non-cooperation solely on the the Republicans.
2012-10-05 01:39:38 PM
2 votes:
For you Job TrutherTM's out there:

ADP Employment Report

Gallup Employment Report

Oh no, the conspiracy is bigger than we thought!
2012-10-05 01:37:02 PM
2 votes:
All i need to know about Jack Walsh is that he was the last word on Leno over Letterman
2012-10-05 01:36:16 PM
2 votes:
How about you use your billions to hire somebody instead of whining about how everything sucks?
2012-10-05 01:32:40 PM
2 votes:
It was Jack Welch, standing in GE subsidiary NBC's election night coverage studio on Election Night in 2000, who said (though the numbers were still technically inconclusive), "Call it for Bush."

Simply a data point, nothing more.
2012-10-05 01:23:20 PM
2 votes:
Jack Welch is single handedly responsible for creating the majority of misery in working for Corporate America.
2012-10-05 12:05:54 PM
2 votes:
There is another side to this story. They want the numbers to look bad for Obama so that once Romney gets elected they can spend the next couple of months padding their numbers and it gives them the ability to say, "Look at how much the economy jumped as soon as the election happened. This proves that businesses were just holding back in fear of Obama's policies."
2012-10-05 04:28:48 PM
1 votes:
i.chzbgr.com
2012-10-05 04:26:23 PM
1 votes:

archichris: Vote your pocket book or vote your welfare check, but dont lie to yourself about your candidate.


Right, so vote for the guy who spent his career destroying American jobs and was governor of the state that was 47th in employment. That sounds awe...what the fark am even doing, I'm talking to someone who just quoted Rush Limbaugh.
2012-10-05 03:56:49 PM
1 votes:

Fark it, people can make up statistics all damn day. I've got a stat that says more political BS happens during campaign years than non campaign years. Whether you are a jackass or a elephant lover nothing changes till super-pacs and lobbying is purged from the political landscape. 

s14.postimage.org
2012-10-05 03:50:08 PM
1 votes:

ManateeGag: So:
Anything that looks even remotely bad for Romney = Grand conspiracy or falsehood to get Obama reelected.
Anything that looks even remotely bad for Obama = God's honest truth and should be trusted with every fiber of your being.

does that cover it?


Class, take out your calculators and perform the following calculation:

7.8 / .3 x 114,000 = 2964000

By the math of this labor report we only need 2,964,000 jobs to reduce the unemployment rate to 0%.

But of course you know that isnt true. You know that this number only represents people who have looked for a job in the last 6 months. It does not count the much larger number of people who have simply given up.

You may also be aware that this was predicted months ago by Rush Limbaugh. Say what you will about him, but he has been saying that we should look to October for a magical sub 8% unemployment rate.

The real math has the unemployment rate at about 11% and when you include people who have a job but need more work or a better job, the number jumps to more like 23%.

Which is about 11 million jobs, which is right about at the amount we would have needed through the course of the Obama Presidency to keep up with new workers entering the labor force.

Vote your pocket book or vote your welfare check, but dont lie to yourself about your candidate.
2012-10-05 03:33:41 PM
1 votes:

Bigbobhooter: Jack Welch is a douche-- but he's got a point about how fungible those unemployment numbers are. As some other posters have noted, they're pretty easily moved a few points either way by how long term unemployed and those no longer seeking jobs are counted.


Whoa, whoa. You mean tenths of a point, right? Moving a few points (when dealing with decimals) means going from 7.8% to 12.8%, not from 7.8% to 8.3%.  I'm sure that's what you meant.

Begin CSB: I also had a deep discussion with my boss, as the poster up-thread did, about the candidates. I flatly stated I found Mr. Romney to be a piece of shiat. These are the things my boss (the company owner) did not know: Tax returns for only 2 years, 47% comment, self-satisfied smirking at the news conference announcing his views on the murder of our personnel in Libya, and about 27 other things INCLUDING being a queen bee in a completely ridiculous religion with special underwear and golden tablets that their high prophet read by looking into a hat with rocks at the bottom. I also asked why Republicans seem so gleeful when bad things happen to the US. I still have my job, too. End CSB.

I'm glad to see these numbers. I'd be glad to see them whether the president was someone I voted for or not. I also have a bit of faith in them, since I've worked with BLS on our company's employment numbers, and since ADP (who also released improving numbers) does our payroll. Claiming the numbers are tainted now is just as crazy as reading golden tablets with your hat. In other words, it's shiat only you can see and believe.
2012-10-05 03:21:56 PM
1 votes:

Danger Mouse: jso2897: HotWingConspiracy: bugontherug: Worth noting that Gallup Daily Tracking, which uses a five day rolling average, reports no uptick for Romney yet from the debate. In fact, it gives Obama a gain of one. That average would have included yesterday, the day after the debate.

Granted, it isn't a lot of data. But the preliminary evidence suggests the debate probably won't turn the race upside down.

Link

B-b-but Romney said stuff! He won by being a dick and lying! The media said so.

The only thing anybody will remember a week from now is that Romney wants to fire Big Bird.


Right, because without tax payer money, The Seseme Street empire, Big Bird et all the muppets would starve.


Romeny is evil. EVIL!


Hey - I'm not saying it's a salient point - I'm just saying it's all the Wad are likely to remember.
Attention span is not the American public's strong suit.
2012-10-05 02:59:52 PM
1 votes:

publikenemy: Vegan Meat Popsicle: publikenemy: Who cares..7.9% ..right back where we were in January 2009...4 trillion dollars later

So is that the official talking point you nutjobs are being given or is that you taking a random stab in the dark and hoping you hit on something good?


Truth hurts?


Didn't you just admit to trolling in the other thread because you're on vacation and bored? How sad is your life?
2012-10-05 02:52:43 PM
1 votes:

theorellior: HotWingConspiracy: So those calculations? You're sounding severely infromed now, please share.

You realize he's called "Thunderpipes" because he pulls so much shiat out of his ass his toilet sounds like Niagara Falls trying to deal with it?


It's spelled Thunderpipes, but it's pronounced, Ignored.
2012-10-05 02:52:04 PM
1 votes:

jjorsett: HotWingConspiracy: jjorsett: I don't know why people are having such a hard time believing the best improvement in the jobless rate in 30 years happened one month before a presidential election.

[i50.tinypic.com image 350x277]

Obama Derangement Syndrome is real.

I do have to acknowledge that you Obama supporters are indeed deranged.


Right, the sane people know that the employment numbers are a conspiracy. Because Chicago.
2012-10-05 02:51:58 PM
1 votes:

MikeM: Ladies and Gentlemen,

The facts are as follows: For the unemployment rate to drop .03%, the economy would have had to expand at a rate of 4.5%. The economy is still limping along at nearly 1.3%. You can say all you want about old Jack; however, the figures don't add up and deserve to be greeted with skepticism.

Now...continue the flame war; but, from this point onwards, I think that only the unthinking should be allowed to participate.

Thank you very much...


1. The GDP is a lagging indicator. People hired today won't show a production increase on their companys' books for about 4 months, and won't show up on the national report until about 7 months from now.

2. In nice round terms, 800K were hired, 350K were fired (or laid off, or quit), and 350K retired.
It's the last number that's so interesting. There have been very few retirees in the past three years. Looks like their savings have climbed high enough that they can afford to retire.

Employment increased by 450K jobs (350K left the workforce and 100K new jobs were created), but GDP only increased by 100K jobs worth: people retiring and being replaced with younger people helps unemployment but doesn't help GDP.

Unemployment will drop a lot in the next year or two simply because so many Baby Boomers will retire. That's assuming that the stock market doesn't wipe out 70% of their savings again.
2012-10-05 02:47:20 PM
1 votes:

MikeM: Ladies and Gentlemen,

I have no idea what the difference between the GDP and employment is.


We know.
2012-10-05 02:46:47 PM
1 votes:
It says a lot about the true character and motivations of Republicans when any good news about the US makes them behave like angry, petulant children while bad news (like, Christopher Stevens' death) makes them gloat with glee.
2012-10-05 02:45:44 PM
1 votes:

Ball Sack Obama: Shouldn't this kind of thing be frowned upon a bit?


Why, does money suddenly stop being "free speech" when it's not benefiting you losers?
2012-10-05 02:44:12 PM
1 votes:

jjorsett: I don't know why people are having such a hard time believing the best improvement in the jobless rate in 30 years happened one month before a presidential election.

[i50.tinypic.com image 350x277]


I have a hard time believing that a country that cannot mange to sneak some fake WMDs into a warzone that they completely control to later be conveniently 'found' is ever accused of any conspiracy whatsoever but there it is.

Seriously how many times has the US government looked stupid as hell? Too many times to count, and yet still people think that it is this vast omniscient entity capable of anything.
2012-10-05 02:41:35 PM
1 votes:
Remember when Hillary said there was a vast right wing conspiracy against her husband and everyone laughed?

Good times...
2012-10-05 02:38:34 PM
1 votes:
Ladies and Gentlemen,

The facts are as follows: For the unemployment rate to drop .03%, the economy would have had to expand at a rate of 4.5%. The economy is still limping along at nearly 1.3%. You can say all you want about old Jack; however, the figures don't add up and deserve to be greeted with skepticism.

Now...continue the flame war; but, from this point onwards, I think that only the unthinking should be allowed to participate.

Thank you very much...
2012-10-05 02:38:01 PM
1 votes:

legalgus: Since when is 7.8% good? Obama has gotten so used to miserable numbers that some of you wax ecstatic over semi-miserable numbers! Amazing what kool-aid does to liberals. Who is counting the numbers of those who have dropped off because of sheer frustration?


Account created: 2012-09-28 23:46:02

Just for records sake.
2012-10-05 02:36:42 PM
1 votes:

austin_millbarge: meat0918: We can do this dance all day, but there are many, many examples of the president reaching out and incorporating some Republican ideas into his proposals and the Republicans smacking the hand away.

You mean like the entire health care plan which is basically the same plan the Republicans were supporting in the 90s?


It is actually Romneycare, carbon copy of Mass plan he put in place. Getting the media to support the lie of naming it Obamacare was masterful and probably VERY expensive.
2012-10-05 02:25:18 PM
1 votes:

meat0918: We can do this dance all day, but there are many, many examples of the president reaching out and incorporating some Republican ideas into his proposals and the Republicans smacking the hand away.


You mean like the entire health care plan which is basically the same plan the Republicans were supporting in the 90s?
2012-10-05 02:18:15 PM
1 votes:

legalgus: Since when is 7.8% good? Obama has gotten so used to miserable numbers that some of you wax ecstatic over semi-miserable numbers! Amazing what kool-aid does to liberals. Who is counting the numbers of those who have dropped off because of sheer frustration?


The way it's measured hasn't changed in over a decade - it is a metric. It measures change.
As far as lots of people dropping out of the job market - well, duh. They are called "Boomers" - and a WHOLE lot of them are "dropping out" of the job market - they are retiring.
2012-10-05 02:14:29 PM
1 votes:

Arkanaut: legalgus: Since when is 7.8% good? Obama has gotten so used to miserable numbers that some of you wax ecstatic over semi-miserable numbers! Amazing what kool-aid does to liberals. Who is counting the numbers of those who have dropped off because of sheer frustration?

It was 7.3% at this point in 1984.


that .5% difference is the difference between Saint Reagan, greatest president of all time! and the second coming of Hitler meets muslim anarchist mooncheese baby!
2012-10-05 02:11:07 PM
1 votes:

reillan: Why won't Jack Welch answer the reports that say he helped Glenn Beck rape and murder a young girl in 1990?


It's not true that Welch helped Glenn Beck rape and murder a young girl in 1990. You may have heard rumors that Welch helped Glenn Beck rape and murder a young girl in 1990, but those rumors re false. I don' even know how the rumor that Welch helped Glenn Beck rape and murder a young girl in 1990 got started. So, if someone tells you that Welch helped Glenn Beck rape and murder a young girl in 1990, tell them that it's not true that Welch helped Glenn Beck rape and murder a young girl in 1990.
2012-10-05 02:10:41 PM
1 votes:

dontpointthatthingatme: The timing is a little suspect, but I doubt the guy who can't pull off a debate could pull off this!


Nice conspiracy theory. BLS publishes data on a schedule, you know, like any other boring bureaucracy.
Do you also believe the NOAA released a hurricane on the GOP convention on Obama's orders too?
2012-10-05 02:08:48 PM
1 votes:

publikenemy: Who cares..7.9% ..right back where we were in January 2009...4 trillion dollars later


yeah republicans, thanks for the trillion dollar budget deficits and no jobs bills being passed. just imagine what it would be if they had accepted the 4 trillion in cuts and the jobs bills Obama has offered up?
2012-10-05 02:04:18 PM
1 votes:

legalgus: Who is counting the numbers of those who have dropped off because of sheer frustration?


More people joined the job search this month. Why not... actually read up on the jobs report before parrotting GOP talking points that you don't appear to even understand?
2012-10-05 02:03:32 PM
1 votes:

legalgus: Since when is 7.8% good?



Look at the trend. And cry moar.
2012-10-05 02:03:24 PM
1 votes:

vpb: JerseyTim: He has every right to be suspicious. Top business leaders had been colluding to keep unemployment high by not hiring. This flys in the face of their efforts.


I am sure some have been delaying hiring in hope of influencing the election. I mean, if you are running a large corporation you know that announcing a large hire of people would be good news for the incumbent.

I think there will be a sudden slight drop in unemployment right after the election no matter who wins.


I was out at the bar the night of the debates. I was having a drink with the president of the company I work for. I was finishing my drink and telling him I had to go when it was done so I could go home and watch the debate.

He started telling me to go watch the 2016 movie, how Obama is a socialist and a Muslim, that China owns us, and that if he gets re-elected our country will fail before the end of his next term. He then started to go into detail about how Mitt Romney was the best person ever for our great country. He said lots of fun stuff throughout the conversation.

I wound up staying for another drink and talking to him. The conversation got a little heated at times, but that's just how we communicate. I basically shot down all of his talking points. By the end of it, I was sure I was going to get fired when I got to work the next day. But when he got here, he just stopped by and said hello, then thanked me for the passionate debate and gave me credit for pointing out things that he was unaware of. Then he told me that no matter what he had learned, he just knew that Obama was bad for the country, and there was nothing I could ever say or do to change his mind. Then reminded me to go watch the movie he told me about.

So I guess I am happy to still be employed, but I feel really bad for my country. I live in the reddest part of Nebraska, so I guess I should have known what I was getting into.
2012-10-05 02:01:06 PM
1 votes:
i.imgur.com

Don't worry Republicans maybe another Ambassador will die. That seems to make you happy.

maineprogressiveswarehouse.files.wordpress.com
2012-10-05 02:00:23 PM
1 votes:

HotWingConspiracy: Thunderpipes: now the numbers, pretty much flat for almost 4 years. Month before the election, they change, and the numbers don't make sense.

Can you share your calculations with us? You sound quite infromed.


Read the BLS report. Tell me that 114k jobs created (not quite enough to keep up with population growth) and all of a sudden we go from 8.1 to 7.8%. The household survey was used, not the establishment survey, and the household survey, flat for years, all of a sudden has 600k people get off their asses and get a part time job? Even if that were true, 600,000 people out of 800,000 "new" jobs are part time.

It is not accurate.
2012-10-05 01:58:47 PM
1 votes:

Thunderpipes: now the numbers, pretty much flat for almost 4 years. Month before the election, they change, and the numbers don't make sense. Take that as you will.


I don't think you know what the word "flat" means.


growlersoftware.com
2012-10-05 01:53:51 PM
1 votes:

publikenemy: Who cares..7.9% ..right back where we were in January 2009...4 trillion dollars later


So is that the official talking point you nutjobs are being given or is that you taking a random stab in the dark and hoping you hit on something good?
2012-10-05 01:48:15 PM
1 votes:
Any idea with why they're running with "conspiracy" rather than "the market got so excited for a President Romney after the debate, job creators finally deemed us worthy of creating a job"?
2012-10-05 01:48:14 PM
1 votes:
thesmokingnun.files.wordpress.com

What Zero Job Growth might look like:

farm9.staticflickr.com
2012-10-05 01:46:05 PM
1 votes:
Jack Welch is a douche-- but he's got a point about how fungible those unemployment numbers are. As some other posters have noted, they're pretty easily moved a few points either way by how long term unemployed and those no longer seeking jobs are counted.

/csb on

I live in DC-- don't work around politics or gov't but can't help but have friends who do. Was having a drink this weekend with buddy who works in communications and press as Dep't of Human Service.

He told me there is a 100% hold on all announcements and press releases at the agency until after the election. Reason given: "don't want to give Republicans anything to make trouble with".

// csb off

So yes, our government's announcements, even the most mundane, are often politicized-- by both sides.
2012-10-05 01:44:34 PM
1 votes:
Is Gallup in on it too?

growlersoftware.com

growlersoftware.com
2012-10-05 01:43:18 PM
1 votes:
I read a Jack Welch book once. That was a terrible idea.

Here is a man who had one trick, seeing the end of the 70s fascination with conglomerates, and parlaying that in the age of Reagan into fame amongst MBA students. He himself hasn't run anything since bailing out with his golden parachute is ballyhooed proteges were all exposed to be hacks. Nardelli received multiple chances to fark up.
2012-10-05 01:41:07 PM
1 votes:
Weird that they implicitly trusted the numbers until they told a story they didn't like.
2012-10-05 01:36:54 PM
1 votes:
i worked with a client who was a 'master black-belt' at GE under Welch
he said it was a horrible environment - constant fear
the best GE idea he ever heard was 'selling Pepto Bismol and Depends in the parking lot'
2012-10-05 01:35:26 PM
1 votes:
thesmokingnun.files.wordpress.com
2012-10-05 01:32:32 PM
1 votes:

meat0918: Well, America had a nice run, but she can't compete with the massive amount of FUD because 40% of the country doesn't like the president despite things getting demonstratively and quantitatively better over the last 4 years.

I wish we had a computer sim of the last 4 years, and we could see what would happen if Republicans hadn't made Obama being a one term president their number one goal, and instead had worked with him.


I pretty much feel the same way... We would be in a MUCH better position right now than had they not resorted to scorched earth politics...

Burn everything to make him a 1 turn president! We HAVE to show "those people" and our constituents that "those people" are simply not bred for running a country! Socialism!
2012-10-05 01:11:25 PM
1 votes:
i.imgur.com
2012-10-05 11:31:18 AM
1 votes:
Jack Welsh is also the guy who dismissively said on the Colbert Report that outsourcing has been great for America.
 
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