Skip to comments.
The US Economy Is The Envy Of The World Again, And Just Like That The Bears Have Been Annihilated
TBI ^
| 5-7-2013
| Joe Weisenthal
Posted on 05/07/2013 6:41:42 AM PDT by blam
click here to read article
Navigation: use the links below to view more comments.
first previous 1-20 ... 61-80, 81-100, 101-120, 121-136 next last
To: agere_contra
Agree. The entire world is on the precipice of a major recession and the DOW is partying like its 1989.
81
posted on
05/07/2013 9:36:25 AM PDT
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: SamAdams76
Peter Schiff would disagree with you. Service jobs just don't cut it.
82
posted on
05/07/2013 9:38:54 AM PDT
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: agere_contra
yes the jobs markets are mostly in terrible, terrible condition and getting worse, not better.
the reported “new jobs” were (more than) all in part-time situations. Or, in other words, Obamacare’s new taxes and regulations and “fines” ... are forcing employers to either lay off more workers or else convert (limit) more of them to part-time only status.
To: faithhopecharity
The participation rate has been declining for the last 15+ years as well. It's not a new phenomenon. It's structural,
84
posted on
05/07/2013 10:05:15 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: Wyatt's Torch
I immediately discount posts that reference the "Weimar Republic"... Good for you. What other historical precedents result in you sticking your head in the sand?
85
posted on
05/07/2013 10:07:13 AM PDT
by
SampleMan
(Feral Humans are the refuse of socialism.)
To: agere_contra
Which is why I posted it relative to long-run averages. There are birth/death adjustments every period. But over the long run the methodology is the same. Look at the NFP graphs. The market has improved substantially since the bottom in 2009-10. We aren't back to peak numbers of employed (2007-08 bubble) but well above the prior cycle (pre-2001 recession) highs.
86
posted on
05/07/2013 10:11:01 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: SampleMan
LOL! So an incredibly extreme example (probably an 8 sigma event) is a relevant “precedent”? Brilliant.
87
posted on
05/07/2013 10:12:14 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: expat_panama
88
posted on
05/07/2013 10:12:49 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: expat_panama
Opinion and reasoning are not fact. Right.
Reality is that stock prices going up means more hiring and lowering stock prices mean layoffs.
Excellent job proving your point that opinions are not fact.
The only thing that results in job growth is opportunity. If there is no projection that equates to increased demand, there is no need to hire more people. Profits and employment are associated, but not linked. A company that lays off 100 shovelers and buys one bulldozer may have higher profits and lower employment.
89
posted on
05/07/2013 10:13:02 AM PDT
by
SampleMan
(Feral Humans are the refuse of socialism.)
To: Wyatt's Torch
LOL! So an incredibly extreme example (probably an 8 sigma event) is a relevant precedent? Brilliant. Looking around at the worlds economies over the last 70 years, I would say that the Weimar experience isn't that far off from the norm.
The only thing seperating the U.S. dollar from the currencies of South America, the pre-euro southern europeans, and ultimately Zimbabwe, is the fact that we are still treated as a world currency. The day that we cannot pay off bonds or pay for goods in U.S. dollars is the day that this house of cards comes down.
How do you envision the exit from QE going? Where are interest rates going to go when competitive rates have to be paid? What do those rates do to bond issues, home prices, and business capital?
Yep, super rosey outlook we got here. Best I've seen in 40 years! Buy, buy, Buy!
90
posted on
05/07/2013 10:25:52 AM PDT
by
SampleMan
(Feral Humans are the refuse of socialism.)
To: Wyatt's Torch
Here are the Shadowstat unemployment figures. Red is U3, Grey is U6 and the blue line uses the pre-1994 methodology - which is U6 + long-term discouraged workers.
![](http://www.imsaho.com/images/sgs-emp.gif)
The Shadowstat figures are the closest approach to the key metric of "people who could potentially work but who aren't working".
Hope this is helpful.
91
posted on
05/07/2013 10:45:04 AM PDT
by
agere_contra
(I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
To: agere_contra
I’ve posted the U6 chart dozens of times as well. I’ve heard of shadow stats but don’t place a lot of stock in it. Thanks for posting.
92
posted on
05/07/2013 10:47:33 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: SampleMan
Darn! We missed getting in on the
greatest bull market ever :0)
93
posted on
05/07/2013 10:50:54 AM PDT
by
agere_contra
(I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
To: agere_contra
94
posted on
05/07/2013 10:54:52 AM PDT
by
SampleMan
(Feral Humans are the refuse of socialism.)
To: agere_contra
And you know what? Those Zimbabwe companies had massive gains in profit as well (measured in Zimbabwe dollars).
Job gains? Not so much.
95
posted on
05/07/2013 11:00:22 AM PDT
by
SampleMan
(Feral Humans are the refuse of socialism.)
To: SampleMan
That entire post is incorrect.
Any householder over 15 is questioned on their employment status. The only thing that disqualifies them from being considered ‘unemployed’ is answering that they do NOT WANT TO WORK.
And two jobs doesn’t count as two people employed if tied to the same person.
96
posted on
05/07/2013 11:24:16 AM PDT
by
autumnraine
(America how long will you be so deaf and dumb to thoe tumbril wheels carrying you to the guillotine?)
To: SampleMan
Profits and employment are associated, but not linked. We're not talking profits and employment.
What we've associated here are stock valuations and employment. Something else we've associated is the timing, that an increase in stock prices is followed by a later increase in employment. It's very possible that the actual cause of both is some combination of new orders + falling inventories + soaring profits that all combines to first increase the stock price and then afterward force companies to hire.
It matters little; bottom line is still "the market is jobs".
To: expat_panama
see post 93 for direct refutation of your linkage analysis as being a “fact”. If the same fundamentals don’t exist, then historical analysis is useless.
98
posted on
05/07/2013 11:49:40 AM PDT
by
SampleMan
(Feral Humans are the refuse of socialism.)
To: autumnraine
So you are holding the position that the percentage of people in the workforce is at an all time low and dropping, BUT the percentage of people working is increasing. Sorry I'm not buying it.
![](http://media.ycharts.com/charts/381c065f1329c367a655856c0e13f633.png)
The only way that employment stats have improved has been by decreasing the number of people in the workforce pool.
99
posted on
05/07/2013 11:56:35 AM PDT
by
SampleMan
(Feral Humans are the refuse of socialism.)
To: Wyatt's Torch
But they do. We now have welfare mamas and the chronically unemployed with big screen televisions and all the movies ever made at their disposal and they can consume such with copious amounts of food and drink purchased with food stamps.
Navigation: use the links below to view more comments.
first previous 1-20 ... 61-80, 81-100, 101-120, 121-136 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson