UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next
Author: BlueGrits Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1955668  
Subject: Re: Facts--You HAVE To Believe 7.8% Date: 10/7/2012 12:26 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
CC is cc'ing Rightie talking points again without regard for facts?

The jobless rate fell in September to 7.8% from 8.1%, though the economy created only 114,000 new jobs, and some of our conservative friends smell a bureaucratic rat so close to Election Day.

Maybe they smell rats because of the company they keep? As I pointed out yet again in this thread, Business Insider had already predicted the drop in unemployment based on trending economic indicators.

In 2004, they were lambasting George W. Bush for a September jobless rate that was 5.4%.

Nope -- you made that up. 5.4% is within spitting distance of what's generally held to be "full employment". (Depending on who you talk to, that number seems to be generally around 3.x%.)

Everyone says the numbers aren't what they should be, but at least now we're creating jobs each month rather than hemorrhaging jobs like Republicans.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Kate Spade's Wild Ride
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement