Jobless rate falls to 7.8 %

[CarlV]

Originally Posted by wgrr

To me we are coming out of the depression /recession despite an almost 100% obstruction of the Republican members of Congress, on all bills proposed, to improve the economy. It reinforces my faith in the American worker. Thank God for us.

+1 Indeed.

Carl

[Boreas]

Originally Posted by piece-itpete

Baltimore eh? THAT explains it! Just kidding. There is one part of Cleveland that pretty well gentrified, but not til they closed the projects and turned them into condos, the Tremont area. It's not very big.



Awesome Drinks on Dave?

Pete

Did you know that Baltimore is home to TWO top rank sports teams that used to be named the Browns?

John

[BlueStreak]

Originally Posted by wgrr

To me we are coming out of the depression /recession despite an almost 100% obstruction of the Republican members of Congress, on all bills proposed, to improve the economy. It reinforces my faith in the American worker. Thank God for us.

Amen, Brother.

Those of us who ignored (Or lampooned.) the fearmongering, kept our noses to the grindstone, kept investing, kept spending our money and didn't mind helping carry our unfortunate brothers load is what staved off an even greater catastrophe.

Hopefully the younger folks were watching and got a better picture of how it really works.

Regards,
Dave

[bobabode]

Originally Posted by BlueStreak

Amen, Brother.

Those of us who ignored (Or lampooned.) the fearmongering, kept our noses to the grindstone, kept investing, kept spending our money and didn't mind helping carry our unfortunate brothers load is what staved off an even greater catastrophe.

Hopefully the younger folks were watching and got a better picture of how it really works.

Regards,
Dave

Amen, brother.

[bobabode]

Originally Posted by wgrr

Pete, honestly I feel things are improving a lot. I was test driving cars Wednesday while my work truck was in the shop. We drove down a highway that is narrow and curvy. I was shocked to see a couple of huge new McMansion subdivisions going in. Most houses were already sold and many new homes were under construction.

I see signs of economic recovery in my area all the time. The car lot I was at sold sixty four white fleet pickups and vans this month. There are major road improvement projects going on everywhere. Four huge schools have been built this year in the NW Arkansas metropolitan area. I have many more examples. I will spare you.

Right now I do not believe it is a good time to change horses in the middle of the stream. Romney/Ryan is not the answer. I have not heard one specific about how they are going to get use out of this mess.

To me we are coming out of the depression /recession despite an almost 100% obstruction of the Republican members of Congress, on all bills proposed, to improve the economy. It reinforces my faith in the American worker. Thank God for us.

Sage words from the gentleman from Arkansas. You've got some smart fellers and ladies from that state.
http://en.wikipedia.org/wiki/List_of..._from_Arkansas

[bobabode]

http://www.washingtonpost.com/blogs/...arts/?hpid=z11

Six ways to debunk contention that somehow the administration is cooking the figures for political gain.

[whell]

Originally Posted by Boreas

We've been an aging population for decades. What's new? Obamacare is new. Clearly it's a benefit to the overall economy as well as to the overall health of the people.

John

Clearly?

[wgrr]

Originally Posted by bobabode

Sage words from the gentleman from Arkansas. You've got some smart fellers and ladies from that state.
http://en.wikipedia.org/wiki/List_of..._from_Arkansas

I wish I could claim to be a real Arkansan, unfortunately I am not.

I am a "damn" Yankee born in Philly and raised in Cheney, Collegeville, and West Chester. Every time I go for a visit. back home, I am reminded of how humble, but Intelligent, the Arkansas "country folk" are..Unless you mess with their still, meth lab, or underground hydro pot farm.

Go Arkansas! We grow 90% of the worlds rice here and our #1 agricultural crop is weed. I love this state even though our football team sucks this year.

You can still get some fantastic sugar or grain moonshine here. I am not kidding. All the weed is shipped out of state. Madison county skunk weed is truly a one toke wonder.

Really?? Arkansas produced a two term POTUS and still makes some of the best speakers in the world. Both Clinton and Klipsch are from Hope, AR the shroom capital of the world. We like our mind altering drugs here. It makes the speakers sound better. :>)

[Boreas]

Originally Posted by wgrr

I wish I could claim to be a real Arkansan, unfortunately I am not.

I am a "damn" Yankee born in Philly and raised in Cheney, Collegeville, and West Chester. Every time I go for a visit. back home, I am reminded of how humble, but Intelligent, the Arkansas "country folk" are..Unless you mess with their still, meth lab, or underground hydro pot farm.

<<<snip>>>

Really?? Arkansas produced a two term POTUS and still makes some of the best speakers in the world. Both Clinton and Klipsch are from Hope, AR the shroom capital of the world. We like our mind altering drugs here. It makes the speakers sound better. :>)

Really? I thought that was Kennett Square, just a few miles down US 1 from Chester.

Or did you mean those other mushrooms?

John

[JBS...]

Originally Posted by bhunter

But you're not considering his second graph. The participation numbers and the unemployment rate are linked. That is, lower participation will also decrease the unemployment rate in similar proportion to an increase in the number of jobs. The use of the unemployment rate alone is not sufficient to characterize the nation's employment. I wish the statistics challenged media would realize it. If you want to see what can be done with data, check out how the CPI has been modified starting back in the Reagan Administration.

+1
Yup.... thats the point of posting both charts.

Originally Posted by Rex E.

Interesting pic JBS...

Then it peaks in Oct '09 with another bump in May 2010 and another Dec 2010. Post Dec 2010 it's been in steady decline. 18 months of steady decline in unemployment according to your pic. Looks like the policies are working despite the oppositions best efforts in congress to STOP THE TURN AROUND OF UNEMPLOYMENT!

LMAO, dont you just love stat's... My trun to spin... What I see is a direct correlation with the drop in unemployment to the new "Tea party" Congress

Have fun with that boys...