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Lady Freedom Returns

(14,120 posts)
Sat Nov 8, 2014, 08:58 PM Nov 2014

"U.S. economy adds 214,000 in October; unemployment rate sinks to 5.8 percent" and a LFR rant.

New Story @ the bottom of Rant.

LFR Note: So we Dems have not helped with jobs, eh Reps? Explain this! Why is it that things do get done for labor, for ALL the population, not just a small part, while Dems are in. But when you are in, the rich gets richer and poor get poorer?

To those that fell for the lies that the Repukes were spreading about Medicare, jobs, etc. You have yourself to blame when you are in a bread line that is out of food. It is your fault for voting Repukes in that are just in there to get whatever they can with the office they hold. They will not, have not, done anything for you and now we all get to pay for your gullibility!

Plus, this story would be even better if the Repuke would have got of their @$$es and help to pass a new Minimum wage! Instead they were too busy trying to repeal the ACA over and over again!

You may like to not afford the burgers you flip, but some of your fellow works do! So would the other people that work minimum wage jobs!

It's DAM sad that there are people in this country must decide between food OR housing! And I put the blame where it belongs! Square on the back of the REPUBLICANS and the Gullible People that vote for them!



By Chico Harlan, November 7

The U.S. is on pace for its sharpest year of labor market expansion in 15 years after another month of robust job growth, according to government data released Friday, in the latest reassuring sign about the pace of the economic recovery.

With 214,000 jobs added in October, the unemployment rate ticked down to 5.8 percent, the lowest level in six years, even as more workers entered the job market.

The latest data suggests that the slow march out of the Great Recession is gaining traction and stands in noted contrast to a wave of discontent that helped Republicans sweep a round of midterm elections this week. Though wage growth has been sluggish in recent years, Americans — helped by falling oil prices — are seeing their purchasing power rise while jobs come back.

Read more @ http://www.washingtonpost.com/blogs/wonkblog/wp/2014/11/07/u-s-economy-adds-214000-in-october-unemployment-rate-sinks-to-5-8-percent/
21 replies = new reply since forum marked as read
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"U.S. economy adds 214,000 in October; unemployment rate sinks to 5.8 percent" and a LFR rant. (Original Post) Lady Freedom Returns Nov 2014 OP
We do all the work, the GOP lies - the M$M capitulates and the voter stays misinformed. Rex Nov 2014 #1
Low wage, crappy part-time jobs continue to replace careers. woo me with science Nov 2014 #2
From my rant.... Lady Freedom Returns Nov 2014 #16
Welcome to your low-wage, temp work future: woo me with science Nov 2014 #3
Once again attacking Obama because he is not perfect, not a perfect recovery.....by the way wages Fred Sanders Nov 2014 #5
+1! Lady Freedom Returns Nov 2014 #17
Sadly, you can't reach a swooner with logic regardless of their party affiliation. PSPS Nov 2014 #6
"Why many aren't celebrating low US unemployment" WorseBeforeBetter Nov 2014 #4
Was this an article from National Review online? It should stay there, this is a pro-liberal site... Fred Sanders Nov 2014 #8
Refute what's in the AP article rather than attempting to deflect... WorseBeforeBetter Nov 2014 #9
Reciting and refuting right wing propaganda on a liberal site is ludicrous......that was my point. Fred Sanders Nov 2014 #11
You got nothing. WorseBeforeBetter Nov 2014 #12
Facts are facts. If you can refute them, go ahead. Otherwise you are just making rhett o rick Nov 2014 #13
Republicans create recessions, Democrats fix them. JaneyVee Nov 2014 #7
Nothing is "fixed". The 1% are getting huge profits. New jobs are at rhett o rick Nov 2014 #15
If you have not notice... Lady Freedom Returns Nov 2014 #18
Yes, but I have also noticed that the President is trying to ramrod Free Trade agreements rhett o rick Nov 2014 #20
I didn't say "fixed", I said "fix". Meaning... JaneyVee Nov 2014 #19
Exactly. You said Democrats fix recessions and clean up the Republican mess. I said rhett o rick Nov 2014 #21
DU rec for pissing off all the right people...nt SidDithers Nov 2014 #10
And that's what you are here for? Pissing off people. rhett o rick Nov 2014 #14
 

Rex

(65,616 posts)
1. We do all the work, the GOP lies - the M$M capitulates and the voter stays misinformed.
Sat Nov 8, 2014, 09:05 PM
Nov 2014

It is a bad cycle, Obama has had to go it alone for 6 years with a constant barrage from the media. That alone is probably some kind of record - the POTUS running the country solo because the other two branches are dysfunctional and the GOP owns both of them.

The GOP said they wouldn't work with this POTUS, so he said, 'okay I will still produce a lot of good policy despite your best efforts' and has. Better than any other POTUS in current history.

And you know what?

The GOP can suck on their own bitterness!

woo me with science

(32,139 posts)
2. Low wage, crappy part-time jobs continue to replace careers.
Sat Nov 8, 2014, 09:08 PM
Nov 2014

This is exactly what the oligarchs planned: the replacement of careers with jobs for serfs.

It was a restructuring, not a recovery.

From your own article:

Still, the economic improvement hasn’t translated into significant wage growth — a reason one in three Americans still categorizes the economy as “poor,” according to the Pew Research Center. The average American makes three cents per hour more today than last month, and 48 cents an hour more than a year ago. Economists say that, for now, the labor market still has a degree of slack — meaning that job seekers well outnumber actual jobs, and employers don’t need to offer wage increases to get and keep employees.
...
Wage growth has been slowest at the bottom, particularly for part-time workers. And the biggest bump has come not from employers, but from state- and city-level minimum wage legislation. A handful of states, including reliably red-voting Arkansas and Nebraska, this week passed ballots to boost the minimum wage.

“Wages are still growing slower than the Fed would like, slower than everybody in the economy would like,” said Stu Hoffman, chief economist for PNC Financial. “I think it will speed up as this unemployment comes down, but that is one of the most important missing links in the job market.”

Perhaps the most vexing problem is seen in a wave of part-time workers who have swept reluctantly into the workforce as companies, post-recession, cut down on full-time jobs with benefits. Some 27.1 million Americans now hold part-time jobs, compared with 24.8 million a decade ago. Nearly all of that increase has come from workers who say they’re looking for full-time work but can’t find it. Among the part-timers, African-Americans have actually seen their wages drop nearly nine percent since 2009.

Lady Freedom Returns

(14,120 posts)
16. From my rant....
Sun Nov 9, 2014, 04:27 AM
Nov 2014
Plus, this story would be even better if the Repuke would have got of their @$$es and help to pass a new Minimum wage! Instead they were too busy trying to repeal the ACA over and over again!


If the Dumb @$$ Repukes did their Dam jobs and stop wasting tax money on trying to stupidly repeals of things that are helping. This would not be part of the articular!

But, because Repukes can not live in a equal society, they must put people in power that will keep them ( and the rest of us ) down.

That is why we Democrats must stand United. If we do not then we may end up with a Repuke President that will Put more people in living hell! Do we really need to be reminded of the BAD OLD DAYS of that War Criminal!!??

woo me with science

(32,139 posts)
3. Welcome to your low-wage, temp work future:
Sat Nov 8, 2014, 09:12 PM
Nov 2014


The jobs that have been created in this "recovery" are (and CONTINUE to be, as your own article shows...) mostly low-pay, often part-time service jobs. The truth is that it was not a recovery. It was a restructuring to benefit the One Percent. What you tout here is not a recovery. It is the construction of a vicious new normal for the 99 percent.


April 28, 2014: Most Of The Jobs Added Since The Recession Pay Low Wages
http://thinkprogress.org/economy/2014/04/28/3431351/recovery-jobs-low-wage/

Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
http://www.nytimes.com/2014/04/28/business/economy/recovery-has-created-far-more-low-wage-jobs-than-better-paid-ones.html?_r=0

Low-wage jobs proliferate as middle class ones disappear: job growth patterns since the recession
http://www.cleveland.com/business/index.ssf/2014/04/low-wage_jobs_proliferate_as_m.html

Low-Wage Jobs Replace Middle-Income Work, Study Finds
http://www.huffingtonpost.com/2012/08/31/low-wage-jobs_n_1846733.html

Careers Are Dead. Welcome To Your Low-Wage, Temp Work Future
http://www.forbes.com/sites/jmaureenhenderson/2012/08/30/careers-are-dead-welcome-to-your-low-wage-temp-work-



In addition, the TPP that Obama is hell-bent on supporting will DESTROY jobs and cut wages for over 90 percent of American workers:





No, the chocolate ration has not been increased.


Fred Sanders

(23,946 posts)
5. Once again attacking Obama because he is not perfect, not a perfect recovery.....by the way wages
Sat Nov 8, 2014, 09:32 PM
Nov 2014

are accelerating and actual purchasing power of workers is increasing due to low inflation and lower fuel prices. Posting years old links is poor form, even poorer in an economic post.

The 5.8% rate is lower than what Mittens promised BTW. From near 11%. Your critique is straight from Fox, full throated defence of OUR President is all we should be hearing from our side for the next two years.

I have his back, you can stand wherever you like.







WorseBeforeBetter

(11,441 posts)
4. "Why many aren't celebrating low US unemployment"
Sat Nov 8, 2014, 09:17 PM
Nov 2014
By JOSH BOAK
AP Economics Writer November 8, 2014 Updated 14 minutes ago

....

Consider wages. Workers' pay usually outpaces inflation once the unemployment rate dips beneath 6 percent. That's because when fewer people need to look for jobs, employers must raise pay to attract the most desirable among them.

Even with 5.8 percent unemployment and even though more than five years have passed since the Great Recession officially ended, this phenomenon has yet to take hold. Most workers' pay is barely keeping up with historically low inflation.

....

Look, too, at the percentage of adults either working or searching for work. It's a measure called labor force participation. The government counts people without jobs as unemployed only if they're seeking work. If more people stop looking, labor force participation falls.

At 62.8 percent, the U.S. participation rate hasn't budged over the past 12 months. And it's down a sharp 3.6 percentage points from 2007. That means a lower proportion of Americans are engaged in the job market and benefiting from the economic upswing.

....

Since 2007, the participation rate has fallen disproportionately in three critical states where Democratic incumbents lost Tuesday, costing their party control of the Senate: Arkansas (-5.9 percentage points), Colorado (-5.3 points) and North Carolina (-4.7 points), each of which will now be represented in the Senate by a Republican.

....

More: http://www.newsobserver.com/2014/11/08/4304510_why-many-arent-celebrating-low.html?sp=/99/100/&rh=1#storylink=cpy


"It's the economy, stupid."

WorseBeforeBetter

(11,441 posts)
9. Refute what's in the AP article rather than attempting to deflect...
Sat Nov 8, 2014, 10:43 PM
Nov 2014

by suggesting it's from a right-wing publication.

And while we're at it, Fred, keep enjoying those losses.

AGAIN: "It's the economy, stupid."

 

rhett o rick

(55,981 posts)
15. Nothing is "fixed". The 1% are getting huge profits. New jobs are at
Sun Nov 9, 2014, 01:13 AM
Nov 2014

minimum wage levels. Apparently you don't care.

Lady Freedom Returns

(14,120 posts)
18. If you have not notice...
Sun Nov 9, 2014, 04:36 AM
Nov 2014

It has been an upward clime due to Repukes. They have been outright terrorist in hurting citizens and not doing their jobs! This has been a big thing because it has happen despite of the Repukes!

We must use this to fuel the fight and remind them it has happened! Even with them try to have absolutely nothing happen!

 

rhett o rick

(55,981 posts)
20. Yes, but I have also noticed that the President is trying to ramrod Free Trade agreements
Sun Nov 9, 2014, 01:17 PM
Nov 2014

thru the Senate that will "hurt citizens".

 

JaneyVee

(19,877 posts)
19. I didn't say "fixed", I said "fix". Meaning...
Sun Nov 9, 2014, 12:07 PM
Nov 2014

Historically, Republicans hand over recessions while Democrats clean up their mess. Sheesh.

 

rhett o rick

(55,981 posts)
21. Exactly. You said Democrats fix recessions and clean up the Republican mess. I said
Sun Nov 9, 2014, 01:33 PM
Nov 2014

the Democrats haven't done either. The recession is "fixed" only for the 1%. Hmmm, who could have seen that coming.

In fact the President, when he found out that he has a favorable Senate, is going to ram thru some Free Trade Agreements. That's making a mess. In fact he and Mitch will probably high five when the Agreement is signed.

We need jobs to clean up the recession mess. The TPP will kill American jobs. But I'm guessing you support the President's TPP.

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