Did anyone point out that we have record employment?

[djAdvocate]

Sept 20, 2014 1:12:49 GMT -5 Value Buy said:

All I know is, if the Fed says the economy is struggling, people still unemployed, under employed. I think I will go with their description rather than DJ'S

who is this DJ of whom you speak?  can't be me, because i have said all of the things you just claimed i didn't say.  but of course, even at "full employment" all of those things are possibly true, so it is really not saying much. 

but you go ahead, VB.  you listen to someone telling you precisely the same stuff i would. 

[Opti]

Sept 19, 2014 13:56:31 GMT -5 Sum Dum Gai said:

this is what i am talking about. the deficit is down by 2/3. unemployment is about 3/4 of the way to full. the stock market is booming. interest rates are at record lows. we have record employment. but all we seem to be able to focus on is stuff that, in NORMAL TIMES would be wallpaper for statisticians and economics wonks. stuff like WFP (which never got ANY attention when it PLUMMETED under Bush), and LTUE, which i don't even remember reading about in my lifetime. we have gone from a nation that always looks for the silver lining to one that always looks for the dark cloud.

what the hell happened?

Three decades of watching healthcare and college costs shoot through the roof, which is extra painful since the value of the degree has gone down the whole time.  Three decades of stagnant or declining wages, and certain industries contracting year after year after year.  The death of pensions.  The decline of unions.  Soaring government debt.  A decade long war.  We have the first generation in American history expected to live shorter lives than their parents.  Along with that, most of us expect to make less, on an inflation adjusted basis, than our parents, while having to shoulder far more debt, even on an inflation adjusted basis.  Employer loyalty is a quaint antiquated notion.  We're all cogs in the machine that they'd love to replace with robots, foreign labor, or foreign robot labor if they could.  SS is going broke, and for people my age the trust is expected to be completely depleted a decade or two before we're even eligible to collect.  Our politicians are spineless dumbasses that could honestly give a shit.  They're in office to pander to their corporate masters, and don't have the brains or the will to do a damn thing about any of the very real systemic problems developing in our economy.  Whatever though, break out the pom poms and cheer because we have a bunch of new minimum wage McJobs to replace the jobs lost during the recession.

I've talked to more than one person my age that's honestly considered building a tiny house out in the middle of nowhere and basically dropping out of the economy all together.  I'm glad upper class white business owners are doing pretty well.  Seriously, I am.  Make that money brother, and fuck anyone who has a problem with it.  Talk to some 25-35 year olds though.  The last decade hasn't been especially great for them.  The two decades before that weren't especially great to their parents, who they got to see struggle for their entire childhood.

ETA - Or, I'm just a wee bit pessimistic due to my own personal choices over the last couple years.  Maybe a bit of both.

Shaun, my age cohort is also getting hammered too. Really depends on one's location, preferred

jobs, recent job experience, but it isn't just your group. A good portion of the end of the Boomers

is taking it on the chin and up the ass, as it were.

If you haven't already seen it, I recommend watching the movie with Vince Vaughan and

Owen Wilson about becoming Googlers. The commentary implies an earlier age range

than what I've experienced, but again local conditions always apply. Silicon Valley/Seattle area

tech may hav

[Opti]

Sept 20, 2014 1:22:44 GMT -5 djAdvocate said:

Sept 20, 2014 1:12:49 GMT -5 Value Buy said:

All I know is, if the Fed says the economy is struggling, people still unemployed, under employed. I think I will go with their description rather than DJ'S

who is this DJ of whom you speak?  can't be me, because i have said all of the things you just claimed i didn't say.  but of course, even at "full employment" all of those things are possibly true, so it is really not saying much. 

but you go ahead, VB.  you listen to someone telling you precisely the same stuff i would. 

I'd say for penance DJ, you should have to hire me or Shaun, but seriously sort of,

I think Mercer aka Princeton is calling my name. (Princeton is a huge concentration

of power, wealth, politics, good food, and artsy types. Mercer county probably wants

me to expand my list to 6 counties I've lived in instead of the oft advertised 5.) 

Shaun is probably just going to create new businesses until he gets out of the hole, FWIW.

He's in the age range I call the earnest 30s.

[djAdvocate]

Sept 20, 2014 1:27:44 GMT -5 Opti said:

Sept 20, 2014 1:22:44 GMT -5 djAdvocate said:

who is this DJ of whom you speak?  can't be me, because i have said all of the things you just claimed i didn't say.  but of course, even at "full employment" all of those things are possibly true, so it is really not saying much. 

but you go ahead, VB.  you listen to someone telling you precisely the same stuff i would. 

I'd say for penance DJ, you should have to hire me or Shaun, but seriously sort of,

I think Mercer aka Princeton is calling my name. (Princeton is a huge concentration

of power, wealth, politics, good food, and artsy types. Mercer county probably wants

me to expand my list to 6 counties I've lived in instead of the oft advertised 5.) 

Shaun is probably just going to create new businesses until he gets out of the hole, FWIW.

He's in the age range I call the earnest 30s.

i have an opening for a part time AA.  starting pay will be in the $15/hr range.  i will fill that position in the next 1-2 months.

[Value Buy]

Indiana unemployment rate dropped to 5.8% in August. Rate has fallen 1.7% in a year, expanded by 51,000 workers.

Indiana LOST private sector jobs, Gained public sector jobs in August.

Indiana's manufacturing sector has added 20,000 jobs over the last year, and 84,000 since the depth of this recession.

Indiana's over all private job sector lost 2,600 jobs in August, but non farm employment which includes public sector jobs gained 3,400 jobs.

It looks like I just lost my argument, BUT......Indiana's sales tax and state income tax collections are way behind the state's projections, so something is not quite correct.

[djAdvocate]

Sept 20, 2014 12:34:21 GMT -5 Value Buy said:

Indiana unemployment rate dropped to 5.8% in August. Rate has fallen 1.7% in a year, expanded by 51,000 workers.

Indiana LOST private sector jobs, Gained public sector jobs in August.

Indiana's manufacturing sector has added 20,000 jobs over the last year, and 84,000 since the depth of this recession.

Indiana's over all private job sector lost 2,600 jobs in August, but non farm employment which includes public sector jobs gained 3,400 jobs.

It looks like I just lost my argument, BUT......Indiana's sales tax and state income tax collections are way behind the state's projections, so something is not quite correct.

you haven't lost anything.  however, i would be interested in how "low" Indiana UE got in the recession under Reagan.  i bet it was not much lower than 5.8%

[truthbound]

Sept 19, 2014 10:44:51 GMT -5 Angel! said:

Sept 19, 2014 5:00:52 GMT -5 truthbound said:

Yes typical Leftyloon position. I am employed therefore everyone else is.

Vs the other position. I am struggling & therefore everyone else is. Anyone that says otherwise is just lucky & not the norm.

Unemployment is the lowest it has been since 2008.  So we are far closer to everyone being employed than the opposite. 

Yeah not true. And...umm...it is impossible for everyone to be employed. You go on believing that though.

[Deleted]

Sept 28, 2014 5:05:19 GMT -5 truthbound said:

Sept 19, 2014 10:44:51 GMT -5 Angel! said:

Vs the other position. I am struggling & therefore everyone else is. Anyone that says otherwise is just lucky & not the norm.

Unemployment is the lowest it has been since 2008.  So we are far closer to everyone being employed than the opposite. 

Yeah not true. And...umm...it is impossible for everyone to be employed. You go on believing that though.

Well... technically she's right (no matter how anyone "cooks" the numbers).

Until unemployment reaches 50.0001% we will ALWAYS be "closer to everyone being employed than the opposite". Even up to, probably, I'd say, 33.3333%, we'd still be "far closer" (because double is twice as close).

[Angel!]

Sept 28, 2014 5:05:19 GMT -5 truthbound said:

Sept 19, 2014 10:44:51 GMT -5 Angel! said:

Vs the other position. I am struggling & therefore everyone else is. Anyone that says otherwise is just lucky & not the norm.

Unemployment is the lowest it has been since 2008.  So we are far closer to everyone being employed than the opposite. 

Yeah not true. And...umm...it is impossible for everyone to be employed. You go on believing that though.

Lol! Far closer equals everyone in your mind? Maybe read what I wrote and comment on that instead of arguing something ridiculous that I would never claim. Of course we will never have full employment, there will always be a portions n of the population in transistion.

But that doesn't change the fact that we have the lowest unemployment in years, which is a good thing.

[djAdvocate]

Sept 28, 2014 5:05:19 GMT -5 truthbound said:

Sept 19, 2014 10:44:51 GMT -5 Angel! said:

Vs the other position. I am struggling & therefore everyone else is. Anyone that says otherwise is just lucky & not the norm.

Unemployment is the lowest it has been since 2008.  So we are far closer to everyone being employed than the opposite. 

Yeah not true.

how is that not true? 

[truthbound]

Because it is not true.

[Angel!]

Oct 5, 2014 5:09:24 GMT -5 truthbound said:

Because it is not true.

Yeah, but it is true.

[OldCoyote]

I don't see where anyone has mentioned that the FED has dumped $4,000,000,000 into the economy, this is all we have to show for it.

[truthbound]

No it's not. But if it makes you feel better go on believing it.

[Angel!]

Oct 8, 2014 4:23:04 GMT -5 truthbound said:

No it's not. But if it makes you feel better go on believing it.

Since we are just stating our opinions as facts and basing them in anecdotal evidence...there is 0 unemployment. I know of no one unemployed, therefore 0.

[truthbound]

Thank you lol so awesome! You just pointed out the way most Leftyloons approach things.

The economy is better!

How so?

Because I am doing alright. Since I am doing better that means everyone else must be!

[djAdvocate]

Oct 5, 2014 8:57:36 GMT -5 OldCoyote said:

I don't see where anyone has mentioned that the FED has dumped $4,000,000,000 into the economy, this is all we have to show for it.

all that $4T did was to create a monetary system that is flush with cash.  since it was NOT direct stimulus, i have profound doubt about how many jobs and how much growth it created.  it did, however, allow the financial system to write off a lot of their derivative exposure.  ok, not a lot...about 8% of it. 

[Angel!]

Oct 8, 2014 14:03:37 GMT -5 truthbound said:

Thank you lol so awesome! You just pointed out the way most Leftyloons approach things.

The economy is better!

How so?

Because I am doing alright. Since I am doing better that means everyone else must be!

You do realize my reply was sarcastic, right?  I was actually mocking you stating that the UE numbers are wrong with no backup or additional information.  They are wrong just because things are tough for you & you feel they must be wrong I assume.

But, I am glad you see the idiocy of using anectdotal evidence to make claims about the US economy at large.  Maybe you can stop doing so in the future. TYIA

[djAdvocate]

Oct 5, 2014 5:09:24 GMT -5 truthbound said:

Because it is not true.

actually, it is completely true.  but thanks for your NON-answer.

[djAdvocate]

Oct 8, 2014 14:03:37 GMT -5 truthbound said:

Thank you lol so awesome! You just pointed out the way most Leftyloons approach things.

The economy is better!

How so?

Because I am doing alright. Since I am doing better that means everyone else must be!

no, actually, the economy is objectively better.  the fact that it might NOT be better for you doesn't change that.