Unemployment Benefit Applications Lowest in Almost 50 Years

As you know, the unemployment rate has been dropping steadily since 2009

 

I agree. Which is why I actually proved it false.

no I didn't.

we know that government spending increases GDP and grows the economy. this is extremely basic stuff. Not even Econ 101, but intro to Econ.

proven false

 

If it is so basic, you should have no trouble explaining the results here in Los Angeles.

 

in the short run? markets are adjusting to a new price equilibrium. unemployment compensation should be as at-will as employment. equal protection of the law would make this a moot point. And, higher paid labor pays more in Taxes and creates more in Demand.

 

Sounds good in theory, but here in Los Angeles, results show otherwise.

 

one city doesn't have any statistical effect on the whole countries economic data. Your position is demonstrably incorrect.

 

Labor should feel it even less than our previous Recession.

 

Still on your all you have to do is declare you have refuted something without doing so in order to refute something?

Prove Obama's stimulus was a success based on the goals he set, that it would hold unemployment to just 8% for one quarter and that it would rapidly fall back to full employment.

 

Democrats have not been able to force their intentions on the entire country. Los Angeles city consists of 88 cities and has 4 million people. That sample size is more than enough to provide a reliable statistic.

 

Thanks Obama! Somehow, despite the damage that orange buffoon has done to our country, the institutions you put in place have kept us strong. We owe you a huge debt of gratitude!!

THANK YOU OBAMA!!!!!!

 

They will give him no credit. Its a shame too because despite what the treasonous coward in office has tried to do, Obamas recovery just keeps on ticking over and doing good things for Americans.

We owe Obama a huge debt of gratitude that he was able to create an econmic recovery that has continued in spite of Captain Bonespurs best efforts to f*ck the country over in an effort to enrich himself, his family, and his friends.

 

Obama must be exhausted doing the work of millions of Americans all by himself. Government cannot create growth; it can only hinder growth. The man that triggers you to resort to name calling is just less of a hindrance.

 

no. if you actually read threads, you'd see I provide data which proves it false. I then remind you of that data from that point forward.

UE was cut in half, stock market tripled, holds the record for most consecutive months of jobs growth of any US president in history.

You're welcome

 

no it isn't

 

they have a general superintendent instead of a superintendent and intendants for each school district.

 

I see you declaring victories when there are none.

UE soared from 7.5% to 10% and stayed over 8% for 4 years, by his own measure the stimulus was an abject failure.

Thank you FED

Holds the record for the worst unemployment record in modern history in spite of his $900B stimulus.

You're welcome

 

Lost in the credit for it blowing past his 8% he claimed his stimulus would hold it to to his 10% and four years over 8% with a LFPR that went over the cliff. The worst unemployment in modern history.

 

Obama never got us into a recovery his one claim to fame was a total failure. What turned the economy around was the Republicans slowly taking back political power.

 

If that were true, you would not be having trouble refuting my post. You have not been able to so far.

 

Why are you lying? Are you afraid that your own choosen one cant compete in a fair game?

The US economy was on the verge of a full blown depression worse than even the 30's. When Obama took office, the economy was shedding upwards of 300-400 thousand jobs a month. When he left office, it was gaining 300-400 thousand jobs a month. Numbers dont lie. But you sure do it seems.

 

Government can create an atmosphere where growth is possible. Obama did that in spades.

 

You are incorrect. That atmosphere exists without government. Businesses create an atmosphere that makes government growth possible. Not the other way around.

 

because you either can't or don't read.

republican incompetence has consequences. The result of the worst recession in 80 years, caused by republicans, was a very high UE rate. Luckily, we had democrats in office and they cut it in half.

FED had nothing to do with it.,

demonstrably false

lol, you didn't get a single thing right.

 

I didn't have any trouble refuting your posts. I refuted it in my first post. The data doesn't go away and won't change, because it conflicts with your ideology. Sorry.

 

republican incompetence has consequences. The worst recession in 80 years, and double digit UE were the consequences of the last republican caused recession.