Initial jobless claims unexpectedly rise

[carpro]

http://finance.yahoo.com/news/Initial-jobless-claims-apf-3027105474.html?x=0&.v=5

Initial jobless claims unexpectedly rise

New jobless claims unexpectedly rise, more people receive extended benefits

Christopher S. Rugaber, AP Economics Writer, On Thursday January 21, 2010, 8:54 am

WASHINGTON (AP) -- The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.

Layoffs have slowed and the economy began to grow in last year's third quarter, but companies are reluctant to hire new workers. The unemployment rate is 10 percent and many economists expect it to increase in the coming months.

The Labor Department said Thursday that initial claims for unemployment insurance rose by 36,000 to a seasonally adjusted 482,000.

The reason is simple: The Agenda of Barak Obama stifles growth.

 

[preachinjesus]

lol...well at least you have identified who you think is the problem?

wow, next thing we can skip a couple of steps and just start comparing him to Hitler...

If only the President could go out and get all those billion dollar profit turning companies to start hiring people. Or maybe he could just use his inifinte powers to help fast food chains start new programs to load Americans with fat, grease, and salt. You'd think he could just snap his legislative fingers and millions of jobs would be created...oh wait then you'd object to the nationalization of the work force. Such a tough thing...

 

[carpro]

lol...well at least you have identified who you think is the problem?

wow, next thing we can skip a couple of steps and just start comparing him to Hitler...

If only the President could go out and get all those billion dollar profit turning companies to start hiring people. Or maybe he could just use his inifinte powers to help fast food chains start new programs to load Americans with fat, grease, and salt. You'd think he could just snap his legislative fingers and millions of jobs would be created...oh wait then you'd object to the nationalization of the work force. Such a tough thing...

It is clear you are as economically illiterate as Obama is. Consumed by your envy and hatred of corporate America, it's impossible for you to understand who creates the majority of the jobs in America.

Same problem Obama has.

 

[preachinjesus]

Yes, my undergraduate degree in economics means nothing these days...

 

[Johnv]

Or maybe he could just use his inifinte powers to help fast food chains start new programs to load Americans with fat, grease, and salt.

Bad timing. I've been really craving a Carl's Jr. Western Bacon Cheeseburger all day. Thanks.

Seriously, though, isn't there a drop in employment this time of year anyway? One would think that a January drop in jobs would have been expected. I'm at a loss as to why this would be seen as "unexpected" by the press or by the White House.

 

[windcatcher]

Their figures lie and underrepresent true unemployment, which, btw, doesn't include those already retired and on SS......


.......But that's a no never matter


...to those who believe government can stimulate employment by politically charged stimulus dollars and public sector jobs, and rumour of increased taxes and penalties to private enterprises who were succeeding and begining to recover.

 

[donnA]

I guess those billions of dollars spent on stimulus aren't working

 

[Revmitchell]

lol...well at least you have identified who you think is the problem?

wow, next thing we can skip a couple of steps and just start comparing him to Hitler...

If only the President could go out and get all those billion dollar profit turning companies to start hiring people. Or maybe he could just use his inifinte powers to help fast food chains start new programs to load Americans with fat, grease, and salt. You'd think he could just snap his legislative fingers and millions of jobs would be created...oh wait then you'd object to the nationalization of the work force. Such a tough thing...

He said he could. End of story

 

[carpro]

Yes, my undergraduate degree in economics means nothing these days...

Evidently your indoctrination was a waste of time and money.

 

[Magnetic Poles]

It is clear you are as economically illiterate as Obama is.

Typical. The first sentence in your rebuttal doesn't make any points, but is just another carpro ad hominem.

 

[carpro]

Typical. The first sentence in your rebuttal doesn't make any points, but is just another carpro ad hominem.

:laugh:

Do you have anything pertaining to the subject to contribute or did you just take a little time out from your pro choice agenda for a personal attack?

 

[rbell]

I do think Obama's approach and statements on economic issues make business people nervous.

I think as well, the favored treatment received by unions make US business leaders skittish as well...an overdemanding union, coddled by the folks in power, can pretty much wipe a business out.

Now, having said that...the recession goes back further than Obama. Bush wasn't exactly blame-free in this mess (He gave us morons like Bernanke and Paulson). And jobs are the last thing to come back.

I don't think this is really a "rebound" from December...December didn't post job gains either, if I remember correctly.

So in summary...I don't think Obama's helping the situation at all...but others must share in the blame.

I have an idea: Maybe Obama's cabinet and gaggle of czars can take the money they're not paying in taxes, and hire some folks; that would probably provide thousands of well-paying jobs.

 

[rbell]

This is a quote from E.J. Dionne...not my favorite pundit, but this was a pretty good quote as to Obama's handling of this situation versus a well-known predecessor:

The president's supporters comfort themselves that Obama's numbers will improve as the economy gets better. This is a form of intellectual complacency. Ronald Reagan's numbers went down during a slump, too. But even when he was in the doldrums, Reagan was laying the groundwork for a critique of liberalism that held sway in American politics long after he left office.

SOURCE

 

[Robert Snow]

Typical. The first sentence in your rebuttal doesn't make any points, but is just another carpro ad hominem.

Too bad. I would like to hear him rebut what was said instead of these constant one-liners. If it is the initiatives instituted by Obama that is the problem, state why.

Just exactly how can the president be held responsible for corporate hiring with out nationalizing the job industry.

The problem I see with Obama in this area is, like Revmitchell pointed out, he said he could fix it. This is just one more area where Obama has lied.

 

[carpro]

Too bad. I would like to hear him rebut what was said instead of these constant one-liners.

This is the post I responded to:

lol...well at least you have identified who you think is the problem?

wow, next thing we can skip a couple of steps and just start comparing him to Hitler...

If only the President could go out and get all those billion dollar profit turning companies to start hiring people. Or maybe he could just use his inifinte powers to help fast food chains start new programs to load Americans with fat, grease, and salt. You'd think he could just snap his legislative fingers and millions of jobs would be created...oh wait then you'd object to the nationalization of the work force. Such a tough thing...

There is nothing to rebut. He got an "in kind" answer and deserved no more.

But I will say this, anyone that doesn't know what Obama's job killing agenda is, just isn't paying attention.

Mandated healthcare
Cap and trade
Union favoritism
Increased taxes...mostly aimed directly at the people who create the most jobs in America.

All very expensive. Faced with that agenda, business is laying off people or retaining the bare minimum needed.

I don't blame them.

 

[Robert Snow]

Too bad. I would like to hear him rebut what was said instead of these constant one-liners.

This is the post I responded to:



There is nothing to rebut. He got an "in kind" answer and deserved no more.

But I will say this, anyone that doesn't know what Obama's job killing agenda is, just isn't paying attention.

Mandated healthcare
Cap and trade
Union favoritism
Increased taxes...mostly aimed directly at the people who create the most jobs in America.

All very expensive. Faced with that agenda, business is laying off people or retaining the bare minimum needed.

I don't blame them.

Thank you, that is the stuff I wanted to hear. "I believe it is the: Increased taxes...mostly aimed directly at the people who create the most jobs in America" that is the largest problem.

I am a machinist who works in a valve shop here in Houston, Texas. Our valves are used mostly in offshore applications. We have found that our customers are now reluctant to purchase the products that they used to purchase because of the instability caused by not knowing where this current administration in the White House is going.

 

[carpro]

Too bad. I would like to hear him rebut what was said instead of these constant one-liners.

Thank you, that is the stuff I wanted to hear. "I believe it is the: Increased taxes...mostly aimed directly at the people who create the most jobs in America" that is the largest problem.

I am a machinist who works in a valve shop here in Houston, Texas. Our valves are used mostly in offshore applications. We have found that our customers are now reluctant to purchase the products that they used to purchase because of the instability caused by not knowing where this current administration in the White House is going.

I have a failing I readily acknowledge. I sometimes expect others to know what I think should be common knowledge.

That being said, a serious response is usually treated seriously. Anything else is usually handled in kind.

 

[Robert Snow]

I have a failing I readily acknowledge. I sometimes expect others to know what I think should be common knowledge.

That being said, a serious response is usually treated seriously. Anything else is usually handled in kind.

We love you anyway Carpro! We all have our areas of concern.

 

[Magnetic Poles]

:laugh:

Do you have anything pertaining to the subject to contribute or did you just take a little time out from your pro choice agenda for a personal attack?

Are you not embarrassed by your display of ignorance with statements such as this? If not, you should be.

 

[billwald]

>I am a machinist who works in a valve shop here in Houston, Texas. Our valves are used mostly in offshore applications. We have found that our customers are now reluctant to purchase the products that they used to purchase because of the instability caused by not knowing where this current administration in the White House is going.

They are probably buying from China. The world consumption of oil will not drop.