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11-07-2014, 05:42 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
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Another 214K Jobs and a Jobless Rate of 5.8%
http://www.washingtonpost.com/blogs/...rcent/?hpid=z1
October posts another good month under President Obama's leadership.
214,000 jobs and 5.8% unemployed.
"The U.S. is on pace for its sharpest year of labor market expansion in 15 years after another month of robust job growth, according to government data released Friday, in the latest reassuring sign about the pace of the economic recovery.
With 214,000 jobs added in October, the unemployment rate ticked down to 5.8 percent, the lowest level in six years, even as more workers entered the job market.
The latest data suggests that the slow march out of the Great Recession is gaining traction and stands in noted contrast to a wave of discontent that helped Republicans sweep a round of midterm elections this week. Though wage growth has been sluggish in recent years, Americans — helped by falling oil prices — are seeing their purchasing power rise while jobs come back." WaPo
Last edited by bobabode; 11-07-2014 at 05:47 PM.
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11-07-2014, 05:55 PM
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reflexionar
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Join Date: May 2009
Location: Central Oregon
Posts: 2,273
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Just in time for the GOP to start claiming they were responsible for it.
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“Anyone who is capable of getting themselves made President should on no account be allowed to do the job.” Douglas Adams
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11-07-2014, 06:01 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Quote:
Originally Posted by mpholland
Just in time for the GOP to start claiming they were responsible for it.
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Ya think? They'd never stoop so low.
I just heard that it was the longest stretch of monthly job growth over 200K since 1995.
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As long as the roots are not severed, all will be well in the garden.
Last edited by finnbow; 11-07-2014 at 06:04 PM.
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11-07-2014, 06:07 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,228
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Quote:
Originally Posted by mpholland
Just in time for the GOP to start claiming they were responsible for it.
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True dat. They've already been claiming the 100 pt. bump in the DOW.
Douchebags.
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11-07-2014, 06:25 PM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 14,209
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I have a close friend, a die-hard republican who truly believes that the economic boom under President Clinton is a direct result of economic policies enacted by Reagan. Not even open for discussion, that's how deep his conviction is.
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White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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11-07-2014, 07:12 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Quote:
Originally Posted by BeamOn
I have a close friend, a die-hard republican who truly believes that the economic boom under President Clinton is a direct result of economic policies enacted by Reagan. Not even open for discussion, that's how deep his conviction is.
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That's not surprising. Every single Republican believes that way.
__________________
As long as the roots are not severed, all will be well in the garden.
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11-07-2014, 07:52 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,228
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The only modern Repub president since Lincoln, (that I know of) who did some real good for the country was Ike. Every one since has been a poser or a bumbling fool. GHWB was essentially a good man far out of his depth.
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11-07-2014, 07:56 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Quote:
Originally Posted by bobabode
The only modern Repub president since Lincoln, (that I know of) who did some real good for the country was Ike. Every one since has been a poser or a bumbling fool. GHWB was essentially a good man far out of his depth.
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He was less out of his depth than Obama, IMHO. Plus, he had an excellent cabinet. His son, OTOH ...
Aside from Watergate, Nixon wasn't a complete fuck-up (though this reminds me of the phrase "Other than that, how did you enjoy the play, Mrs. Lincoln?")
__________________
As long as the roots are not severed, all will be well in the garden.
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11-07-2014, 07:58 PM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 14,209
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Quote:
Originally Posted by finnbow
That's not surprising. Every single Republican believes that way.
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Does our Whell believe this? Or do I need to take your word for it?
__________________
White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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11-07-2014, 08:01 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Quote:
Originally Posted by BeamOn
Does our Whell believe this? Or do I need to take your word for it?
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I'd bet the farm.
__________________
As long as the roots are not severed, all will be well in the garden.
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