Posted on 01/10/2014 12:54:38 PM PST by Jim Robinson
You and I discussed retirement at Thunderbird. You opened my eyes.
We’re all in that boat now.
As a youngster, I always wondered why the German populace allowed the monster to take power of their nation. Now I see.
Take care, brother.
Job creation stumbled in December, with the economy adding just 74,000 positions even as the Federal Reserve voted to take the first steps in eliminating its stimulus program.
The unemployment rate dropped to 6.7 percent, below economist estimates and due primarily to continued shrinkage in the labor force. The labor force participation rate tumbled to 62.8 percent, its worst level since January 1978.
http://www.cnbc.com/id/101326268
No problem.....just let ALL of the invaders stay and have all their friends and workers come join them, and we’ll have a lot more workers! (sarcasm, of course)
The Fed never had any intention of slowing down the manufacturing of fake money. That was/is all smoke and mirrors. Just like all the BLS stats. Complete and utter BS.
Face it, logically, the Fed *can't* stop printing. No one is really buying US debt. For all practical purposes, the money the Fed is creating is financing US government debt. Fed stops and interest rates go up. The government can't finance the debt at real market levels.
They have painted themselves into a Catch 22 corner.....I love mixed metaphors.
.... So the country lost 2 million workers in 2013 ..... and the unemployment rate dropped to 6.7% this month. This is obviously a winning strategy for the Obama Administration .... all they need to do now is lose another 2 million workers and the country will be at full employment status. And I bet they will reach their goal!!!
Yep. I agree. Adding more taxes on the American people is what liberals like to do and it's a bad idea. I am also suspicious that 2M people stopped looking for work. That makes no sense. How could the workforce decline to 1970s levels? There has been a lot of population growth since then. This corrupt administration is just trying to lower the unemployment rate thinking average people will not notice the finagling.
They aren’t broadly reporting that 55,000 of those 74,000 December jobs were December Christmas Season retail jobs. Heard that on Fox Business earlier this evening.
So, in reality there were 19,000 jobs created in December.
Global climate change caused by antropogenic warming is the cause of 2 million jobs disappearing.
There was a snow storm and they got lost on their way to work.
It’s not my fault!
Also...
OVER HALF JOBS ADDED IN DECEMBER WERE TEMPORARY
Breitbart
http://www.freerepublic.com/focus/f-news/3110467/posts
Ah the Smoot Hawley boogie man.
Imports during 1929 were only 4.2% of the United States' GNP and exports were only 5.0%. Monetarists, such as Milton Friedman, who emphasize the central role of the money supply in causing the depression, note that the Smoot-Hawley Act only had a contributory effect on the entire U.S. economy
Never thought I’d see progressives on Free Republic defending income taxes and bad mouthing tariffs. Almost all the founders were in favor of tariffs.
One small businessman on Cavuto was saying that he’s looking for any other option than hiring: out-sourcing, temp company, or technology. He said he’s actively avoiding hiring because it is the most expensive and the most unpredictable expense he has, and therefore, the worst way to get his work done. He needs predictability.
Conversely, Free Trade(no tariffs) and high income taxes are a progressive liberal position. No other way to look at it.
Do you recall his industry? Tech, factory, service?
No, I came in about 20 seconds after the segment started and missed it, but he’s in something that technology (I assume machines or robotics) could possibly replace workers is the way it sounded, so I’d guess against it being service.
The liberals on Free Republic pushing tariffs and taxes on the American people should get the zot and get the hell out of here as far as I am concerned
The FIRST bill that was signed into law by President Washington was the Tariff Act. That silly liberal George Washington. /sarc
I really hope that we find them.
Not “workers.”
Employees.
Yes but,,,
How many million workers do we have to lose before Obama’s labor department reports its a zero % unemployment rate?
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