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2nd Term Part VIII - The Thin Red Line

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Re: 2nd Term Part VIII - The Thin Red Line

Arm His Imperial Majesty Barack I? Are you kidding me? Why do you hate America!? ;)

Well, the right is really torn. On the one hand, they'd love to see him retired. On the other hand, the idea of anybody carrying gives them a (pill-aided) chubby.
 
Re: 2nd Term Part VIII - The Thin Red Line

Well, the right is really torn. On the one hand, they'd love to see him retired. On the other hand, the idea of anybody carrying gives them a (pill-aided) chubby.

Someone please run with this. I want to see Ted Nugent's head spin a 360 like on the Exorcist.

If I posted this to my Facebook wall I'm pretty sure it would break the seventh seal. It'd be like crossing the streams.
 
Re: 2nd Term Part VIII - The Thin Red Line

Someone please run with this. I want to see Ted Nugent's head spin a 360 like on the Exorcist.

If I posted this to my Facebook wall I'm pretty sure it would break the seventh seal. It'd be like crossing the streams.
Well....what are you waiting for?
 
Re: 2nd Term Part VIII - The Thin Red Line

A guy I went to HS with runs a ministry in Mexico. Good guy, we used to mentor yoots back then, were part of Campus Crusade etc.

However, he's convinced that before Obama's term is up that he'll declare himself the 2nd coming and Revelations will commence. He's all over that on FB and has a pretty big following there and elsewhere.
 
Re: 2nd Term Part VIII - The Thin Red Line

A guy I went to HS with runs a ministry in Mexico. Good guy, we used to mentor yoots back then, were part of Campus Crusade etc.

However, he's convinced that before Obama's term is up that he'll declare himself the 2nd coming and Revelations will commence. He's all over that on FB and has a pretty big following there and elsewhere.

"Did he say 'Utes'?"

There's a lot of DEFCON 1 fcktard fundyism around these parts -- literal interpretation of scripture, "school knowledge is Satanic," favorite color white, all the slogans. College educated conservatives have no conception of how vile their bumpkin cousins are. Or they do, and they're just using them and yucking it up about them behind their backs, like Reagan did.
 
"Did he say 'Utes'?"

There's a lot of DEFCON 1 fcktard fundyism around these parts -- literal interpretation of scripture, "school knowledge is Satanic," favorite color white, all the slogans. College educated conservatives have no conception of how vile their bumpkin cousins are. Or they do, and they're just using them and yucking it up about them behind their backs, like Reagan did.
If JFK, Lincoln and Roosevelt appear on stage with the Prez, then that guy may have something. Until then I'll wait for the coming of the Capitals Stanley Cup.
 
Re: 2nd Term Part VIII - The Thin Red Line

Which had what to do with the 2nd term? Let me guess - it was Obama's fault.
The federal government has become generally less functional during his reign, but you're correct that there's not a direct tie. Sounds like the Secret Service has had issues developing for awhile.
 
Re: 2nd Term Part VIII - The Thin Red Line

Remember when electing Obama would cause "double digit inflation and unemployment"? Yeah, about that...

So, the over/under for how long it takes to recover from Republican mismanagement is ~ 6 years.
 
Re: 2nd Term Part VIII - The Thin Red Line

And another.

It's starting to be shocking that some Teahadist didn't manage to off him. You know, for freedom.
 
Re: 2nd Term Part VIII - The Thin Red Line


That's the part that most people just looking at the unemployment rates never seem to grasp is that if people aren't looking for work, they're not counted as unemployed. It creates a false sense of accomplishment and economic recovery. While it's not quite the jobless recovery that we had for years, it is a going to take a much longer time to recover than people ever thought.

Given population growth, we have to add 150-175K jobs each month just to maintain current unemployment levels. So at best, when 200K jobs are added in a month, we're really only doing better than before by about 50K jobs. In order to feel really secure, we'd need an economy churning out some 350-400 jobs added each month. Just don't expect that to happen in the near future; it's going to take something huge to accomplish that. And the Federal Reserve simply doesn't have enough tricks left in its bag because interest rates are already so low - too low.
 
Re: 2nd Term Part VIII - The Thin Red Line

That's the part that most people just looking at the unemployment rates never seem to grasp is that if people aren't looking for work, they're not counted as unemployed. It creates a false sense of accomplishment and economic recovery. While it's not quite the jobless recovery that we had for years, it is a going to take a much longer time to recover than people ever thought.

Given population growth, we have to add 150-175K jobs each month just to maintain current unemployment levels. So at best, when 200K jobs are added in a month, we're really only doing better than before by about 50K jobs. In order to feel really secure, we'd need an economy churning out some 350-400 jobs added each month. Just don't expect that to happen in the near future; it's going to take something huge to accomplish that. And the Federal Reserve simply doesn't have enough tricks left in its bag because interest rates are already so low - too low.

This ought to be a good argument -- I know because I used to make it myself ;) -- but it's not, because all the unemployment indicators track:

U1: Percentage of labor force unemployed 15 weeks or longer.
U2: Percentage of labor force who lost jobs or completed temporary work.
U3: Official unemployment rate per the ILO definition occurs when people are without jobs and they have actively looked for work within the past four weeks.
U4: U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.
U5: U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.
U6: U5 + Part-time workers who want to work full-time, but cannot due to economic reasons (underemployment).

Your argument would be a good one if while U3 was trending down U6 (the most rigorous definition of unemployment and for my money the best) was not. But it is. Here is U6 since 2001. It tracks U3 perfectly. So yes, we want to reduce U6 further (just as we want to reduce U3 further) to the Clinton Era rates, and yes I agree that using U3 rather than U6 gives people a falsely positive sense of employment, but it has never been any different. Indeed I assume politicians promulgate U3 rather than U6 as the official unemployment rate for that very purpose.
 
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Re: 2nd Term Part VIII - The Thin Red Line

The bottom line is that the numbers speak for themselves. It's still a very weak labor market, despite all the manipulations of data the politicians make to try and make things look better than they are. The U rates may be falling slowly, but more and more people are having to work part time versus full time so things aren't as improving as much as Washington would have us think.
 
And another.

It's starting to be shocking that some Teahadist didn't manage to off him. You know, for freedom.

The tea party members are probably the true conservatives in this whole mess. Those who are attempting to ride the wave are, for the most part, opportunists.
 
Re: 2nd Term Part VIII - The Thin Red Line

The bottom line is that the numbers speak for themselves. It's still a very weak labor market, despite all the manipulations of data the politicians make to try and make things look better than they are. The U rates may be falling slowly, but more and more people are having to work part time versus full time so things aren't as improving as much as Washington would have us think.

No, the point is the bolded portion is NOT a true statement. Although we all agree the rates are too high, if "more and more people are having to work part time versus full time" then the higher U rates would be climbing, not falling.

The economy is definitely still very weak, especially in jobs (you can thank a financial system that rewards banks for hoarding the bailout money we gave them and a tax structure that redistributes wealth upwards, leaving the middle class too poor to consume). However, if U6 is falling that means by definition that a larger percentage of the workforce is working full time rather than part time.

Now, we'd still have a big systemic problem with people leaving the workforce even if we had a booming economy because The Worst Generation is starting to retire. That's a different problem that frankly nobody has put forth a good solution to. Well, almost nobody.
 
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