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Debates Forum

  1. Standard member sh76
    Civis Americanus Sum
    31 Dec '09 16:48
    http://www.marketwatch.com/story/weekly-unemployment-claims-drop-22000-to-432000-2009-12-31

    Telerion can correct me if I'm wrong, but it appears virtually certain to me that when the jobs numbers come out in January, they will tell a story of a recovering jobs market. The recession and most of its effects, at least in the US, is a thing of the past. Unemployment claims are now more than halfway from where they were at their nadir to where they would be in a booming economy with 4% unemployment.

    I takes a while for people to get used to the idea that we're no longer in "tough economic times." I would say there's at least a 3-6 month lag between what's happening and what people think is happening.

    But, don't be surprised is on New Year's Eve 2011, we're sitting here in the midst of a booming Worldwide economy and unemployment in the US is at 6% and falling.

    Now, President Obama, it's time to work on that deficit.
  2. Donation rwingett
    Ming the Merciless
    31 Dec '09 17:46
    Originally posted by sh76
    http://www.marketwatch.com/story/weekly-unemployment-claims-drop-22000-to-432000-2009-12-31

    Telerion can correct me if I'm wrong, but it appears virtually certain to me that when the jobs numbers come out in January, they will tell a story of a recovering jobs market. The recession and most of its effects, at least in the US, is a thing of the past. Unemploy ...[text shortened]... e US is at 6% and falling.

    Now, President Obama, it's time to work on that deficit.
    Your standards are appallingly low.
  3. Standard member sh76
    Civis Americanus Sum
    31 Dec '09 18:08
    Originally posted by rwingett
    Your standards are appallingly low.
    Well, I know you won't be happy until we're living in a socialist paradise. But, I'm perfectly happy, in general, with the way the World economic system works as it is. If that means my standards are low, so be it.
  4. 31 Dec '09 18:15
    Agreed, it's time to raise taxes.
  5. Donation rwingett
    Ming the Merciless
    31 Dec '09 18:53
    Originally posted by sh76
    Well, I know you won't be happy until we're living in a socialist paradise. But, I'm perfectly happy, in general, with the way the World economic system works as it is. If that means my standards are low, so be it.
    You're happy with constant economic crises undermining the security of the people around the globe in order to enrich a tiny elite? Is that a good economic system in your opinion?
  6. Standard member sh76
    Civis Americanus Sum
    31 Dec '09 19:00
    Originally posted by rwingett
    You're happy with constant economic crises undermining the security of the people around the globe in order to enrich a tiny elite? Is that a good economic system in your opinion?
    Until you or someone else can come up with a sustainable realistic system that's better, yes.
  7. Standard member sh76
    Civis Americanus Sum
    31 Dec '09 19:01
    Originally posted by KazetNagorra
    Agreed, it's time to raise taxes.
    I agree.



    And cut spending.
  8. 31 Dec '09 23:43
    it's time to cut taxes and cut spending.
  9. Standard member sh76
    Civis Americanus Sum
    01 Jan '10 00:39
    Originally posted by zeeblebot
    it's time to cut taxes and cut spending.
    Cut taxes to what? To nothing?
  10. 01 Jan '10 01:03 / 1 edit
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  11. 01 Jan '10 01:03 / 1 edit
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  12. 01 Jan '10 01:03
    sh76, I agree that when things are turned around cut spending *and* raise taxes. But I disagree that we're there yet. I'd say when unemployment falls into the 8% range we can start implementing those.
  13. 01 Jan '10 18:17
    is that number first time claims, or is it distorted by people who no longer are able to file?
    What about the under employement figures? Thee are jobs around that don't pay, and offer no benefits. Cortez Colorado, they are building walls in the national Park, in the snow, cold as heck. No benefits, no per diem, and paying 13.00 an hour.
    221.00 a month for rent.
    Are those days of good pay gone?
  14. 01 Jan '10 18:20
    ok, I got it. Initial claims. That seems to be good news alright.
    I've got to get to a Sate with much lower taxes though, property taxes are just killing me