07-03-2005 07:22									#91
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quote: Are you all innumerate?

They're all invested emotionally in bad news. Personally, I think it's a mental illness.

	07-03-2005 07:24									#92
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quote: Originally posted by DanS Which, of course, has nothing to do with this thread.

The fact that Reagan was an absolute criminal compared to Carter has everything to do with this thread.

	07-03-2005 07:24									#93
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Oerdin's been drinking and posting again. That's $8 in 1982 dollars, you dolt.

	07-03-2005 07:27									#94
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I often drink while posting but that doesn't change the fact that Reagan commited several felonies while carter did not.

	07-03-2005 07:28									#95
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Take it up with the armchair lawyers in another thread. This thread is for armchair economists.

	07-03-2005 07:37									#96
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oerdins right, reagan was a crook and he put our economy in the shitter and he did nothing to stop communism and his only lasting legacy is the huge debt.

	07-03-2005 07:41									#98
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I just happen to remember the country before and after Reagan. You cannot put a statistic on what he did to benefit this country.

	07-03-2005 07:50									#99
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quote: Originally posted by Oerdin They were slightly less at the end of Carter's time but massvely less at the end of Reagan's time. Carter was a victim of the 70's stagflation. Yet he was still more mral the any President since. Reagtan was a crook compared to Carter.

Carter made the stagflation worse. Reagan ended it. That simple.

How anyone could say Reagan put the economy in the shitter is defying statistics and pure facts. Lawrence is really nutty. Of course Reagan did a lot to bring down communism, he outspent them and forced them into military spending sprees. The US could afford it, the USSR couldnt'.

	07-03-2005 08:02									#100
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Hey, as long as the weakness of the dollar continues I'm happy. It seems like every week the currency markets give me a raise in dollar terms

	07-03-2005 08:05									#101
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reagan was a piece of **** and he's burning in hell right now

	07-03-2005 08:34									#102
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quote: Originally posted by PLATO I just happen to remember the country before and after Reagan. You cannot put a statistic on what he did to benefit his country.

How about a satistic on felony lieing to Congress? If there was any justice that man would have rotted for the rest of his life in a federel pen.

	07-03-2005 08:39									#103
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quote: Originally posted by PLATO I just happen to remember the country before and after Reagan. You cannot put a statistic on what he did to benefit this country.

And no doubt you will also sign the praises of Nixon who was without the biggest criminal to ever sit in the White House.

	07-03-2005 10:18									#104
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quote: I just happen to remember the country before and after Reagan. You cannot put a statistic on what he did to benefit this country.

heres one: $1.6 trillion added to the national debt, not including interest that we're paying now

heres another site

http://www.lafn.org/politics/gvdc/Natl_Debt_Chart.html

	07-03-2005 10:55									#105
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quote: Originally posted by pchang You people are hopeless. Simple math PROVES unemployment went down in Feb. and that all the jobs created were not McJobs. What is the matter with you people? Are you all innumerate?

What part of :

quote: The unemployment rate rose to 5.4 percent from a three-year low of 5.2 percent in January.

Doesn't make sense?

DUH

thanks

http://quote.bloomberg.com/apps/new...UDxE&refer=home

	07-03-2005 10:57									#106
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Speaking of politics:

quote: In January, employers added enough payroll jobs to regain all those lost since the peak in February 2001, a month before an eight- month recession started, and enough to give President George W. Bush a net gain during his first term in office.

	07-03-2005 11:12									#107
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quote: Originally posted by Lawrence of Arabia heres one: $1.6 trillion added to the national debt, not including interest that we're paying now heres another site http://www.lafn.org/politics/gvdc/Natl_Debt_Chart.html

By 1981, there was $1 trillion worth of debt. Debt happens. Maybe you should understand you can't get rid of it.

	07-03-2005 12:31									#108
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doesnt change the fact that reagan added on top of that 1.6 tri. and debt only happens when you are irresponsible.

	07-03-2005 13:09									#109
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You are being irresponsible. You aren't mature in your responses. I'm tired of these "Reagan added this deficit" argument. First off, it is a natural occurrance. Man, you are a disgrace to libertarianism. Real libertarians praise Reagan.

	07-03-2005 13:24									#110
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Ted, you are assuming that the 5.4 percent is over the same number of people as the 5.2 percent.

If the number of people in the workforce grows, it is entirely possible for 5.4 percent to both increase the percentage unemployed, yet also show a net increase in the numbers of jobs.

Also, the number of people counted as unemployed do not include all the people who are of working age, without jobs.

I suggest you start looking as to how the unemployment numbers are calculated. It's quite enlightening, and essential if one is to understand what changes in the rate mean.

Also, as for the mcJobs charge, you're right. The metric for the average compensation holding steady could also represent a majority of the jobs created as low paying ones, while a minority of high paying jobs even things out again.

	07-03-2005 13:32									#111
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quote: Originally posted by Ben Kenobi Ted, you are assuming that the 5.4 percent is over the same number of people as the 5.2 percent. If the number of people in the workforce grows, it is entirely possible for 5.4 percent to both increase the percentage unemployed, yet also show a net increase in the numbers of jobs. Also, the number of people counted as unemployed do not include all the people who are of working age, without jobs. I suggest you start looking as to how the unemployment numbers are calculated. It's quite enlightening, and essential if one is to understand what changes in the rate mean.

First of all, no, and secondly,

So what ?

If the workforce grows, FOR WHATEVER REASON, that just means even more people need jobs, and the rate should keep up with it.

That's like praising a company that had higher revenues but its profitablity went down.

Thanks for the pretension though!

	07-03-2005 14:37									#112
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quote: Originally posted by Giancarlo You are being irresponsible. You aren't mature in your responses. I'm tired of these "Reagan added this deficit" argument. First off, it is a natural occurrance. Man, you are a disgrace to libertarianism. Real libertarians praise Reagan.

Yes, damn that libertarian war on drugs and interventionist foreign policy

	07-03-2005 15:15									#113
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quote: Originally posted by Boshko Hey, as long as the weakness of the dollar continues I'm happy. It seems like every week the currency markets give me a raise in dollar terms

Well for us British the US has become an absolute bargain basement with the prices. I remember a few years ago in Portugal when I was in holiday (before the Euro) and the Germans were absolutely cringing at the cost and supping really slowly and eating small amounts. The British with the considerably more favourable exchange rate were buying a jug each and buying mountains of food

	07-03-2005 17:59									#114
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quote: Originally posted by DanS Look at the chart again, keeping in mind that the entire year 1980 was under Carter. If you insist on holding that opinion afterwards, then there's nothing that the doctor can do to help you.

You should know that in 1979 the Fed took drastic measures to combat inflation which caused the worse recession since the Great Depression. The Fed and probably Nixon deserve most of the blame for what happened. Carter was just the presiding president when the **** hit the fan. It's actually a good thing that Carter appointed a Fed chief that understood the problem and took appropriate measures before it was too late.

	07-03-2005 18:24									#115
	Re: Let the good times roll -- 248,000 new jobs Browse Apolyton AD-FREE

quote: Originally posted by DanS Good news. 262,000 new non-farm jobs were announced for February and downward revision of 14,000 was made for January's job numbers, leaving a net +248,000 new jobs announced. The economy went completely into expansion in January (net jobs from the last peak of February '01 to January '05 finally were positive). The underlying components of this job growth are healthy. Over 90% of the new jobs are in the private sector. Another couple of months of this and the private sector can be said to finally be completely in expansion mode. http://news.ft.com/cms/s/5992efa4-8...000e2511c8.html

How many of those new jobs went to H1B Visa holders? Probably a good chunk now that the election has passed...

	07-03-2005 18:44									#116
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quote: Originally posted by Ted Striker What part of : Doesn't make sense? DUH thanks http://quote.bloomberg.com/apps/new...UDxE&refer=home

Did you even bother to read the posts that explain how these unemployment numbers are calculated? Did you read the posts that talk about how population growth really adds to the workforce?

	07-03-2005 18:47									#117
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H1B visas are capped by Federal law. Congress has not changed this law since the election.

	07-03-2005 19:41									#118
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I see these farcical threads are back.

Thought pchang is right, the total number of unepmloyed must have gone down, if only because about 100,000+ jobs were added, on top of the 100,000+ just to keep up with population growth.

I think saying how many jobs were gained while stating the # of jobs needed simply to keep up with population growth would make a better statistic, since adding 90,000 jobs in a month would actually mean an increase in people out of work since the job market would have grown by more than that number in that same month.

	07-03-2005 20:00									#119
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Hurray. Although, most demographers think that population growth adds about 150,000 to the working age group every month.

	07-03-2005 20:05									#120
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quote: Originally posted by Ted Striker If the workforce grows, FOR WHATEVER REASON, that just means even more people need jobs, and the rate should keep up with it. That's like praising a company that had higher revenues but its profitablity went down. Thanks for the pretension though!

Your logic is entirely self serving. When the official unemployment number goes down, you rail (and rightly so) on its innacurracy because it doesn't count those who gave up on looking for work. On the other hand, when the REAL unemployment number goes down, you don't want to acknowledge the people who have given up looking for work but now change their minds and instead want to go on the official unemployment number. Frankly, I thought you would be better than this.