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The jobs numbers stink again. Obamacare, not auto retooling. Ben will ride to the rescue again!!!!!
1 posted on 07/18/2013 7:18:40 AM PDT by whitedog57
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To: whitedog57

I’m waiting for the MSM to explain to me how this is actually good news, and better than expected.


2 posted on 07/18/2013 7:20:43 AM PDT by ClearCase_guy (21st century. I'm not a fan.)
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To: whitedog57

Bring back US manufacturing.

Just saying.

Wake up people.


3 posted on 07/18/2013 7:22:25 AM PDT by Cringing Negativism Network
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To: whitedog57

Recovery Summer V5.0!


4 posted on 07/18/2013 7:22:25 AM PDT by Uncle Miltie (The Tipline for Zimmerman's Inquisition is: Sanford.florida@usdoj.gov ... Use it.)
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To: whitedog57

I have two friends currently out of work and on unemployment.

4 years ago, I knew no one on unemployment.


6 posted on 07/18/2013 7:23:48 AM PDT by fwdude ( You cannot compromise with that which you must defeat.)
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To: whitedog57

13 posted on 07/18/2013 8:40:28 AM PDT by Jeff Chandler (Skiddle-arink a-dink, a-dink, Skiddle-arink a-doo . . .)
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To: whitedog57
Trying to stimulate the economy by increasing the money supply and increasing aggregate demand only leads to boom-bubble-bust cycles.

Even when higher demand leads to higher demand for labor and higher average money wage rates, increased demand also leads to higher prices, which leads to unchanged real wage rates for the average wage earner.And higher average money wage rates can be counterproductive, because if they rise greater than the rise in the demand for labor,they actually tend to decrease the supply of labor.

Increased money supply leads to inflation, which decreases purchasing power, which has a negative effect on capital accumulation, which has a negative effect on productivity of labor, which has a direct negative effect on real wage rates.

Finally, Obamacare and increased regulations increase the cost of business which leaves less funds available for demand for labor which has a negative effect on demand for labor and average money wage rates.

But libtards don't care that everything they are doing is wrong, because what they are doing makes them feel so good inside.

14 posted on 07/18/2013 9:39:23 AM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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