Unemployment falls below 5%

[lfd0311]

Simple question: Is the economy better now than when we had the financial crisis? Structural economic job losses can be argued and attributed to automation and global outsourcing. To argue over interpretations of labor participation to gain political points is trivial and irrelevant.

If you're annoyed by political misinterpretation of labor statistics, I can see your point but I believe that's not the case. Why bother posting and wasting your time then? Go start a company or run for public office.

Outsourcing and automation aren't new phenomenons. To say that those account for a large chunk isn't really fair. But you're right, pointing out the outright falsehood of the President's claims is totally childish of me....

 

[Rational Poster]

I keep hearing that unemployment is 5%, the problem with this is anyone who knows a thing about economics knows 5% is basically Full Employment because there will always been a portion of the population that are in between jobs and including seasonal employment. So if we are already at full employment, why are the democrats still telling us that we need to create jobs? According to your numbers we are already at full employment. The idea that unemployment is only 5% is bullshit because if that were true, democrats wouldn't be going to battleground states across the country and telling them that they need to be bring jobs back to their states knowing the fact the Americans are hurting alot more than they are telling you.

We need to create more jobs because capitalism is a growth model.

We also need to create better jobs because a lot of the jobs we have now don't pay so well.

Never thought I'd see a republican voter argue against capitalism and growth.

 

[Rational Poster]

Unemployment and "leechers" have only a tiny effect on our economy, which is doing fine anyway. Not sure where your negatively is coming from.

Some people, especially republicans, are giant fucking babies.

They can't stomache the thought of sharing with anyone they don't like, if they can stomache sharing at all.

 

[aldeniro78]

Certainly worth praise. Great job by Obama and kudos the resiliency of our economy. On Tuesday we should vote to continue strong results.

I'm having trouble wading the through all the bullshit here.

 

[kpt018]

I'm having trouble wading the through all the bullshit here.

Maybe try taking your head out of your ass.

 

[aldeniro78]

Maybe try taking your head out of your ass.

You first, Brenda.

 

[ucunc156]

In before "thats not the true unemployment" with nothing to back it up.

 

[kpt018]

You first, Brenda.

It's not my problem that you're unable to objectively measure whether a president was effective or not. It seems like you're either unable or too lazy to make a point about why I'm wrong, but we are at full employment (his stimulus helped), millions who didn't have health coverage now do, no major attacks on our soil, progress on climate change, saved the American auto industry, disarmed Iran through sanctions, Bin Laden killed under his command, just to name a few. He has also served with nothing but class, completely scandal free. I'm just not sure what more you want out of a president ideology aside.

 

[spiderguarda]

Outsourcing and automation aren't new phenomenons. To say that those account for a large chunk isn't really fair. But you're right, pointing out the outright falsehood of the President's claims is totally childish of me....

If you want to be sarcastic, then why bother posting? It is fair. Economists have been writing about western economies moving away from manufacturing to a service economy for at least a decade or more. It's argued Germany has had success with retaining manufacturing jobs due to government policy, unions, and of course the argument of Germany's dominanance in the EU. What President has not touted economic success and if the figures are poor, they will not exactly announce them. Even President Bush Sr. in an interview after he lost to Clinton, still could rattle off specific economic figures arguing the economy was on its way to recovery as he saw the Clinton campaign of hammering away at so called lack of economic recovery as a a basis for change in the White House and it didn't help when a photo op had Bush Sr. not understanding how supermarket price scanners actually existed and he didn't know the price of a gallon of milk as indicative he was out of touch with the average citizen. He was still that bitter after he was out of office. But he still cited the "official" stats. It may not be accurate but to claim a President somehow is presenting a falsehood is a petty accusation. Is that your whole issue? Seriously, do you think I'm being unfair to you? You're being civil and I believe this is a non-issue. Your argument can be applied to every President or Congressmen who wishes to attack the sitting President. I hope you can see my point.