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Jobless Claims Rise 43,000 to 474,000, Estimate Called for Decline of 19,000 (story developing)
CNBC ^ | 05/05/2011

Posted on 05/05/2011 5:44:26 AM PDT by Rational Thought

Headline only.


TOPICS: Breaking News; Business/Economy; Front Page News; News/Current Events
KEYWORDS: business; duhpresidency; economy; obamanation; unexpected; vodooeconomics
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To: AppyPappy

Of course “we” isn’t Freepers.
But a lot of Americans did vote for the blank slate they thought they got with Baraq.

If we can’t defeat him in 012 based on $5 gas, surging inflation, 10% unemployment, ongoing $1.5 trillion deficits and collapsing home prices, we deserve the bastard.


21 posted on 05/05/2011 6:04:36 AM PDT by nascarnation
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To: Rational Thought

“Estimate CALLED FOR decline of 19,000”?

Now that’s a story.


22 posted on 05/05/2011 6:05:20 AM PDT by Christian Engineer Mass (25ish Cambridge MA grad student. Many conservative Christians my age out there? __ Click my name)
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To: Rational Thought

Don’t worry. The MSM will “explain” the sudden jump (and the last three or four weeks) as being no big deal. Then tomorrow when unemployment drops 0.5% they will babble about how great everything is.


23 posted on 05/05/2011 6:05:49 AM PDT by Aglooka ("I was out numbered 5-to-1, I got 4.")
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To: AppyPappy
“How stupid do they think we are? “ We elected him, didn’t we?

Well not me, I voted for the Old Guy and his hot sidekick. Curious though the news today the the economy is on it's back and not coming back and no spin can convince us otherwise.

24 posted on 05/05/2011 6:06:13 AM PDT by pburgh01
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To: quesney

Not when business is still outsourcing business overseas.


25 posted on 05/05/2011 6:06:54 AM PDT by meatloaf
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Comment #26 Removed by Moderator

To: Rational Thought
Bigd in the Comments section gets it. :-)

Bigd | May 5, 2011 08:40 AM ET

Spring Break! Next they will blame it on Festivus!

27 posted on 05/05/2011 6:08:04 AM PDT by Madame Dufarge
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To: tacticalogic

Best yet.


28 posted on 05/05/2011 6:16:23 AM PDT by screaminsunshine (Shut up and eat your Beans!)
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To: Rational Thought
Must be all those tornadoes last week.

No insult intended towards those suffering from that terrible destruction, but the "economic cyclone" of $4.29/gal gas prices is trashing the country. Next month should be truly ugly.

29 posted on 05/05/2011 6:16:55 AM PDT by Kieri (The Conservatrarian)
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To: Rational Thought

30 posted on 05/05/2011 6:19:18 AM PDT by massmike (DADT repeal: the Boy Scouts now have tougher membership requirements than the Army!)
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To: Madame Dufarge

I’m so tired of all of this. This used to be the most powerful country in the world. We’re getting to be a pitiful shadow of our former selves.

Nothing but incompetent and evil immoral leadership, from the top to the bottom.


31 posted on 05/05/2011 6:19:32 AM PDT by LibsRJerks
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To: LibsRJerks

Incompetent? My guess is not. The ideology of this administration wants people dependent on Government.

Evil? From a free market, capitalist philosophy, absolutely!


32 posted on 05/05/2011 6:25:25 AM PDT by Rational Thought
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To: Rational Thought

We can’t take much more of this recovery! Can we go back to the recession?


33 posted on 05/05/2011 6:27:09 AM PDT by newzjunkey (Stay focused: Debt, Deficits & Immigration.)
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To: Perdogg
unexpected (everyone drink)

Drink?

With all the "unexpected's" I am past a drink and am actively looking for a liver transplant!

34 posted on 05/05/2011 6:29:29 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Rational Thought

You know what the shocking part is? That the headline didn’t include the word “unexpectedly” (and instead said the same thing by saying that the result bucked the estimate).


35 posted on 05/05/2011 6:31:58 AM PDT by AuH2ORepublican (If a politician won't protect innocent babies, what makes you think that he'll protect your rights?)
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To: Rational Thought; wmfights; P-Marlowe

The reason is simple: Would-be employers who thought they had two years after the extension of Bush tax cuts have learned that Obama plans to run a campaign against the “rich” for 2012. IOW, they will be villified, and if Obama wins those tax cuts will NOT be extended again if he wins with the cuts being the centerpiece of his campaign.

Then there is Obamacare, gross over-spending by the fed, enormous inflation on the horizon, and every indication that manufacturing and housing will be sluggish to no growth.

Obama has attacked job creators again, and they are not stupid. They will sit on their money until the future is a bit less depressing.


36 posted on 05/05/2011 6:33:11 AM PDT by xzins (Retired Army Chaplain & proud of it: Truly Supporting the Troops means praying for their Victory!)
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To: AppyPappy
We elected him, didn’t we?

I'm pretty sure the "We" you're talking about doesn't include Freepers.

37 posted on 05/05/2011 6:35:54 AM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: LibsRJerks
I know what you mean.

Let's hope the patient isn't beyond treatment yet.

38 posted on 05/05/2011 6:37:20 AM PDT by Madame Dufarge
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To: Rational Thought

The joblessness accounting system set up so as days go by people come on the rolls. But at the same time people are aging off the rolls. There is a balance point that you inevitably reach where the ones coming on offset the ones going off and the percentage number locks in place. A high percentage number is reached and it won’t change until there are fewer people coming on the rolls. Once that tipping point is reached the only change of the number that can happen is down.

I have no doubt that some numbers wizard could give you what that number would be. There are far more unemployed out there than ever get reported.


39 posted on 05/05/2011 6:37:45 AM PDT by Flint
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To: MichiganConservative

Trump scared the bin laden out of the kenyan. Got to have a month long campaign commercial to set things straight.


40 posted on 05/05/2011 6:38:14 AM PDT by RS_Rider (I hate Illinois Nazis)
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