Biden is a complete dope.

[spence]

Originally Posted by PRBuzz

The only jobs that have been created are putting up those....American Recovery and Reinvestment Act ....Putting America Back To Work....signs

Employment is still trending up, manufacturing output is up, overtime is up etc... I know my sector is starting to hire again, thawing frozen salaries and reinstating incentive plans.

I'm not expecting the economy to go nuts, but we've had two consecutive quarters of positive GDP in a row and some good other indicators.

-spence

[buckman]

Originally Posted by spence

Employment is still trending up, manufacturing output is up, overtime is up etc... I know my sector is starting to hire again, thawing frozen salaries and reinstating incentive plans.

I'm not expecting the economy to go nuts, but we've had two consecutive quarters of positive GDP in a row and some good other indicators.

-spence

Yet still we see job losses month to month... Scott had it right...the stimulas bill added not one job.

The current 9.7% unemployment is more due to a new way of calculating the umemployed rate then people going back to work. Sorry to burst your bubble but things are going to get worse.

[spence]

Originally Posted by buckman

Yet still we see job losses month to month... Scott had it right...the stimulas bill added not one job.

Economists expected job losses to continue well into 2010. Many also believe that the stimulus has certainly helped to curb this decline...by creating jobs.

Even the CBO says the stimulus has created jobs.

-spence

[Swimmer]

Originally Posted by spence

Economists expected job losses to continue well into 2010. Many also believe that the stimulus has certainly helped to curb this decline...by creating jobs.

Even the CBO says the stimulus has created jobs.

-spence

Patrick says 4000 jobs were made or saved in Mass. by the stimulas. Just so happens 2700 were jobs in the public sector and they were jobs of people he hired that held signs for him

[buckman]

Originally Posted by spence

Economists expected job losses to continue well into 2010. Many also believe that the stimulus has certainly helped to curb this decline...by creating jobs.

Even the CBO says the stimulus has created jobs.

-spence

Saved jobs maybe, teachers, firefighters, policemen, DPW workers. Not a bad thing but not added jobs.

Added jobs? 64000 government workers on permanent taxpayer payroll. Big friggin misuse of money we had to borrow. Maybe you think thats a good thing but it pisses me off.

[spence]

Originally Posted by buckman

Saved jobs maybe, teachers, firefighters, policemen, DPW workers. Not a bad thing but not added jobs.

Added jobs? 64000 government workers on permanent taxpayer payroll. Big friggin misuse of money we had to borrow. Maybe you think thats a good thing but it pisses me off.

Saved and added is the same thing if you can stop a job that's being cut from being cut.

Ultimately it's about the net.

And like I said, it's not just about government jobs...the private sector is starting to move, including manufacturing employment.

Again, I don't think 2010 is going to be easy, but we're definitely off the bottom.

-spence

[scottw]

Originally Posted by spence

Economists expected job losses to continue well into 2010. really???, then why are job reports that show losses always termed "unexpected"?Many also believe that the stimulus has certainly helped to curb this decline...by creating jobs.many???, that would the Obamorons

Even the CBO says the stimulus has created jobs.

-spence

hey Spence, wasn't Biden the guy that you were originally supporting for president in the primaries?

[spence]

Originally Posted by scottw

really???, then why are job reports that show losses always termed "unexpected"?

They're not.

-spence

[scottw]

Originally Posted by spence

They're not.

-spence

they are...

Unemployment Rates Drops Despite Unexpected Job Losses
MarketMinute.com Market UpdatesPublished: 02/05/10 08:49 AM

Despite an unexpected loss of 20,000 jobs in January, the unemployement rate dropped to 9.7%, the lowest level in five months. The markets opened lower with the Dow falling 49 points to 9952 while Nasdaq lost 7 points to 2117.

if you are correct(Economists expected job losses to continue well into 2010) this should say "expected" job losses

[spence]

Originally Posted by scottw

they are...

Your comment was that job "losses" were always labeled as "unexpected" which is not true.

-spence