Breaking - 292,000 jobs added! Unemployment holds at 5%! All this indicates a strong U.S. Economy!

[MoonRiver]

Sorry for those hoping for an economic crash, which they think would benefit Bernie. Looks like you won't get your belated Xmas present.

Needed a couple of edits lol: http://abcnews.go.com/Business/wireStory/us-adds-strong-292k-jobs-month-jobless-rate-36161548

[JoePhilly]

1. Thanks Obama!!

Cue the complaining!!!!

[MoonRiver]

3. Maybe China will help them out.

[Duckhunter935]

2. 292 jobs?

[tazkcmo]

4. Not hoping

Fearing. I'm hoping to retire soon but I fear the next financial crisis is coming sooner. 2016 has been the year some have mentioned as the time frame in which it will occur. I certainly don't want a Sanders victory at that cost and would like to see the link to those Sanders supporters that do.

BTW: 292 jobs? You forgot the "K" ?

[MoonRiver]

6. Since you asked.

http://www.democraticunderground.com/1251982806

[tazkcmo]

8. ????

Where's the hoping? Didn't read the part just linking an economic down turn to Clinton's poll numbers. In addition, that's one post with no replies, a far cry from "some".

In any event, the mass printing of money that has occurred globally for the last 10 years (Japan has been doing it for 30 years and their savings rate is now ZERO, down from 30-25%) is set to have huge ramifications as interest rates rise. Nobody with less than a few hundred million bucks is going to "benefit" from it, not me, you or Sen. Sanders. Maybe a few HRC Wall St donors will.

[MoonRiver]

10. I won't call out DUers, but if you can't read the drift of that thread, well, not my problem.

[tazkcmo]

12. You're not exactly neutral. n/t

[MoonRiver]

15. Agreed, but I can read. n/t

[tazkcmo]

17. And apparently

Read minds. Can you guess what I'm thinking now?

[NCTraveler]

24. You don't just read. You read with a high level of comprehension. Nt

[cali]

5. I sure as hell am hoping for no such thing

but there are some very worrisome economic indicators.

[Dawgs]

7. What the fuck. Who said a bad economy would help Bernie?

You guys just making up shit now?

[tazkcmo]

11. The poster did provide the link.

But it certainly doesn't reflect "hope" for such an occurrence. On the other hand, I'm confident that there are a few well positioned "investment firms" that will benefit greatly. You'll find their names on Clinton's donor list.

I agree with that post also. Another Wall St driven crisis will certainly bode ill for the "Cut it out" Candidate but will be worse for us proles. I'd rather have Trump (Not really, but close) president than go through another crisis I haven't recovered from yet.

[mmonk]

9. While the "rate" holds steady, it does not

measure those who are no longer receiving unemployment compensation but haven't acquired work, those underemployed and part time, and those working for less than they used to. While good news, it does not address other fundamental problems in the economy.

[tazkcmo]

13. Yes indeed.

Wage stagnation is one of them but so is the mountains of debt that were purchased at no interest that suddenly have to be repaid at higher rates.

[pinqy]

14. You are mistaken

Receipt of or eligibility for unemployment benefits have never ever been a factor in classification as unemployed. Underemployed and part time are not classified as unemployed either because they have jobs.

[MoonRiver]

16. Hope springs eternal!

[Human101948]

19. Reasons for not working...

http://www.bls.gov/opub/btn/volume-4/people-who-are-not-in-the-labor-force-why-arent-they-working.htm

Data from the Current Population Survey (CPS) and its Annual Social and Economic Supplement (ASEC) provide insight into why people who were not in the labor force did not work. From 2004 to 2014, there was an increase in the proportion of the population 16 years and older that was not in the labor force and that cited school attendance, illness or disability, or retirement as the main reason for not working. The percentage of people who were not in the labor force and the reasons they gave for not working varied by age and gender. Among younger people, the percentage not in the labor force rose sharply and the most often cited reason for not working was school attendance. The percentage not in the labor force also rose for both men and women 25 to 54 years, and nearly all reasons cited recorded an increase. Women in this age group were more likely than men to cite home responsibilities as the main reason for not working. Men and women 25 to 54 years with less education were more likely to be labor force nonparticipants than their counterparts with more education. From 2004 to 2014, the increases in the percentage of men and women not in the labor force were larger for those with less education. People with less education were more likely than those with more education to cite illness or disability as the main reason for not working. The proportion of older adults who were not in the labor force declined from 2004 to 2014. Older adults were most likely to cite retirement as the main reason for not working, although the percentage who cited this reason fell. The older adult population saw an increase in the proportion who cited illness or disability as the main reason for not working.

[whatthehey]

20. Bullshit

What happened to people checking easily found facts before commenting

U rates have NOTHING to do with benefits receipt.

http://www.bls.gov/cps/cps_htgm.htm

[mmonk]

21. Actually, you are not understanding my message.

[mmonk]

23. You can read this to understand.

http://www.epi.org/publication/missing-workers/

[mcar]

18. Thanks President Obama

[leftofcool]

22. Nope. No doom and gloom. Economic fear mongering didn't work.

[restorefreedom]

25. nobody in their right mind wants a crash

although many fear it. ok, well perhaps republicans do, but they are sociopaths anyway.

as to the great numbers, unfortunately the way these are calculated leaves out many people who are unemployed but stopped looking, underemployed, and does not at all address the issues of ceo/worker pay ratio and wages that are not keeping up with cost of living. plus, many of the new jobs are minimum wage jobs and some have no benefits at all. not exactly pathways to the "american dream"

this is not an obama specific problem, though. its the way things have been calculated for many years. certainly things are better for some, but there is much important information not reflected in these statistics.

[randys1]

27. And yet not until Obama did comments like yours, while technically correct, surface.

Obama brought out the "yeah but"

in droves.

You want the problem fixed? Do away with capitalism at least our version of it, what a dismal failure THAT is.

[restorefreedom]

30. i have been "yeah, but" --ing for years

if not on du, elsewhere in my life. i am disputing the ridiculous idea that any bernie (or any) supporter wants a bad economy, while acknowledging that the economy is never as good as "they" say it is, except for the 1% who always land on their feet.

our problems clearly predated the o administration by a long way.

and i agree with you about our current version of capitalism. the predatory top feeding style we have SUCKS!

[randys1]

26. At this VERY moment on a board with rightys one of them is explaining to me what

a dismal failure Obama has been

Oh god, will they ever figure out that without Obama they would all be homeless now?

Probably not

[MoonRiver]

28. Sometimes I think they must all be masochists.

Cause how can anybody be THAT stupid?

[Agnosticsherbet]

29. An economic crash will benefit Republicans

Who will run against what they will call the disastrous economic management of the man at the top, that being Obama, by inciting fear and panic in people who see their life savings washed down the shitter and fear losing their homes and jobs. They are already using that message, though it doesn't get much traction as long as people are not too frightened.

It might provide a slight bump to Sanders, but it would doom the winner of our primary in the General Election.