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U.S. initial jobless claims rise by 8,000 to 312,000 last week
Investing ^ | 06/05/2014

Posted on 06/05/2014 6:38:07 AM PDT by SeekAndFind

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To: A_Tradition_Continues

Not when a big brand can get it made in China for $3, and charge you $200 for a Vera wallet. Or a $65 for a Polo men’s collared T. Or $50 for a pair of Docker’s shorts. This is at the Navy Exchange, BTW. The flyer came in yesterday for Father’s Day. Supposedly on sale! Even a simple baby’s summer dress, less than half a yard of material involved was $25 dollars, takes about $4 to make, if you don’t count time.

At those prices only Brass can afford it.


21 posted on 06/05/2014 7:02:29 AM PDT by GailA (IF you fail to keep your promisesI to the Military, you won't keep them to Citizens!)
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To: Cringing Negativism Network

First there has to be American businesses to have American jobs. Everything comes from china, mostly, now. Was Japan when I was a kid. Cheap crap, dyes run in cloths or fabric. They stink of chems too.

And 0bozo and his taxes and Unions have drive American businesses off shore, we can;t drill, we can’t mine, and we sure as heck can’t build new refineries, last one built was in the 70’s, they cannot keep up with the increase in population demand. One of the reasons we have rolling brown/black outs. Build some new Nuke plants.

Every city should be burning their garbage for energy needs.


22 posted on 06/05/2014 7:07:30 AM PDT by GailA (IF you fail to keep your promisesI to the Military, you won't keep them to Citizens!)
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To: SeekAndFind

My apologies. I had you confused. I should have said, “just to piss everyone else off”. Most people here don’t believe what is actually happening...


23 posted on 06/05/2014 7:14:56 AM PDT by Wyatt's Torch
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To: A_Tradition_Continues

Right. Highest tax rates in the world.


24 posted on 06/05/2014 7:15:47 AM PDT by Wyatt's Torch
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To: DAC21

With 140 million people in the workforce thousands and thousands are hired and fired every week.


25 posted on 06/05/2014 7:17:05 AM PDT by Wyatt's Torch
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To: Wyatt's Torch

What is actually happening?


26 posted on 06/05/2014 7:18:56 AM PDT by John W (Summer of Recovery VI: This Time We're Serious)
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To: John W

Economic recovery. Slow (much slower than it should be thanks to government regulation) but a recovery.

The labor market has improved significantly (record high employment will be announced tomorrow morning). Tremendous difficulty getting qualified people for professional jobs.

Housing market is improving off the 3 year low. There’s now a shortage of developed land to build on and builders are scrambling to find land.

Corporate earnings are at all time highs thanks to restructurings that occurred during the Great Recession. Yet plenty of slack for further expansion.

S&P hit an all time high this morning which is a 188% increase off the low in 2009.

It has been a slow and steady recovery. But as I’ve mentioned hundreds of times on here, it could be a lot better if the government got the hell out of the way.


27 posted on 06/05/2014 7:31:55 AM PDT by Wyatt's Torch
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To: Cringing Negativism Network

‘People, we need jobs. We need to stop buying everything imported, and bring jobs right back to America’
I try not to buy anything that is imported from Asia, especially things that I ingest or feed my cat. It is fairly hard to do.
The companies in the US know that there are people like me and so they do their best to obscure the origin of some products made in Asia. When you buy vitamins or aspirin and it says it is distributed by an old and respected name brand, it is coming from China most likely or some other Asian hellhole. The last I heard there was only one company making vaccines in the US and they were having inspection problems for cleanliness from the Feds. Someone might want to research and find out where our vaccines are coming from. I recently have to take a drug that came from an American company and had to be tested to measure if I had the correct level in my blood. I did not show any in my blood, I did three tests that I paid for from my own pocket. Long story short, I contacted the company and sent back my meds and they tested the batch and pronounced it good but still sent new ones. It does not say on the label, but I found out it was imported from China.
What I am saying is that the profits made by US companies on the sale of anything made in Asia are so high because of the lower wages paid, that they will not stop it.
My second point is that if we do as you suggest our standard of living will go down, and I for one think it is low enough as it is.
The third thing you must consider if everyone started buying American in a lot of cases they would be union produced. I do not buy union produced goods because I view the current unions as criminal enterprises.
My fourth point is that the problem is not with Americans and what they buy, it is with governments at all levels who make it too costly to produce in the US with rules and regs designed to impede existing business or stop new ones from starting up.
The only answer is to stop paying any form of taxes to any government as a mass protest. Let me know when you figure out how to do that. There are ways but I think you will enjoy it more if you find out for yourself.


28 posted on 06/05/2014 7:53:51 AM PDT by Foundahardheadedwoman (God don't have a statute of limitations)
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To: Wyatt's Torch

Recovery?? Who are you kidding?

http://www.weeklystandard.com/blogs/1-8-american-men-between-ages-25-54-are-not-working_793938.html
There are currently 61.1 million American men in their prime working years, age 25–54. A staggering 1 in 8 such men are not in the labor force at all, meaning they are neither working nor looking for work. This is an all-time high dating back to when records were first kept in 1955. An additional 2.9 million men are in the labor force but not employed (i.e., they would work if they could find a job). A total of 10.2 million individuals in this cohort, therefore, are not holding jobs in the U.S. economy today. There are also nearly 3 million more men in this age group not working today than there were before the recession began,” the Republicans on the Senate Budget Committee claim.


29 posted on 06/05/2014 8:11:01 AM PDT by zek157
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To: zek157

Thanks for proving my point...


30 posted on 06/05/2014 8:13:05 AM PDT by Wyatt's Torch
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To: Wyatt's Torch

Not sure I’m following you. That isn’t showing recovery in the traditional definition of the word?


31 posted on 06/05/2014 8:17:25 AM PDT by zek157
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To: SeekAndFind

Bet you my two cents that by the time the elections this year roll around, the “official” unemployment rate will be below 5.5%


32 posted on 06/05/2014 9:12:38 AM PDT by mikefive (RLTW)
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To: Cringing Negativism Network

Did you look at those posts I gave you on the benefits of free trade? Your posts indicate that you’ve either not read them or not learned from them. Which is it?


33 posted on 06/05/2014 10:16:14 PM PDT by 1010RD (First, Do No Harm)
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To: 1010RD

Hello again.

I write back each time you post, to send me these posts. For real. Last time I received a video which I watched and responded to, but I do not seem to have received others recently.

I really would like to respond to your points, but for whatever reason I don’t seem to have received them from you.

Still pending on this.


34 posted on 06/06/2014 5:50:29 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network

Can you give me your response again? I cannot find it in my pings. Thanks.

I had trouble finding you, but searching “cringingnegativismne” does the trick.


35 posted on 06/06/2014 7:31:06 AM PDT by 1010RD (First, Do No Harm)
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To: 1010RD

Sure.

It was a while ago - maybe two weeks, I’m not completely positive.

Will search for it this weekend, and send it to you once again.

Mind you it was a response to your video, regarding two competitors in a market with different production costs.

Nothing too fancy. Will follow-up later.


36 posted on 06/06/2014 7:40:26 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network

That’s fine. I’m just trying to find some common ground and definitions that we can agree upon. Your concerns about trade are not uncommon.


37 posted on 06/06/2014 7:47:45 AM PDT by 1010RD (First, Do No Harm)
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