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Thread: Politics Thread

  1. #12641
    Junior Strange Brew's Avatar
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    Quote Originally Posted by X-man View Post
    Would love to read that but it's behind the paywall and the NYT isn't worth the tiny about of bandwidth it took to click the link in the first place. Perhaps, you could enlighten us on what is discussed in the article?
    If life seems jolly rotten
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  2. #12642
    Supporting Member X-man's Avatar
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    Quote Originally Posted by Strange Brew View Post
    Would love to read that but it's behind the paywall and the NYT isn't worth the tiny about of bandwidth it took to click the link in the first place. Perhaps, you could enlighten us on what is discussed in the article?
    Here's a salient passage:

    "Sometimes a falling unemployment rate is driven by a pernicious trend: People drop out of the labor force. The opposite was true in November. The survey of American households on which the data is based showed uniformly positive signs. The number of people working was up by 1.1 million while the number of adults not in the labor force neither working nor looking for work fell by 473,000."
    Xavier always goes to the NCAA tournament...Projecting anything less than that this season feels like folly--Eamonn Brennan, ESPN (Summer Shootaround, 2012)

  3. #12643
    Junior Strange Brew's Avatar
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    Quote Originally Posted by X-man View Post
    Here's a salient passage:

    "Sometimes a falling unemployment rate is driven by a pernicious trend: People drop out of the labor force. The opposite was true in November. The survey of American households on which the data is based showed uniformly positive signs. The number of people working was up by 1.1 million while the number of adults not in the labor force — neither working nor looking for work — fell by 473,000."
    Ok, thanks.
    If life seems jolly rotten
    There's something you've forgotten
    And that's to laugh and smile and dance and sing

  4. #12644
    Supporting Member paulxu's Avatar
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    It'll mostly be revised upward as most months this year have been...sometimes by 100,000+

    https://www.washingtonpost.com/polit...ally-reported/
    ...he went up late, and I was already up there.

  5. #12645
    Voice of Reason Masterofreality's Avatar
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    Quote Originally Posted by paulxu View Post
    It'll mostly be revised upward as most months this year have been...sometimes by 100,000+

    https://www.washingtonpost.com/polit...ally-reported/
    No guarantee of that propaganda.

    The unemployment rate under Trump was 3.5% February, 2020. Pre-Pandemic. Check it out below. Fact. 3.5 better than 4.2.
    And, ok. I’ll admit an error that I made in stating that it was due to less people in the workforce. That was based on an earlier story I read this morning.
    But Trump had a 3.5% rate with the same number of people in the workforce in February 2020 as now which has returned to prepandemic level.
    Trump > Biden

    https://data.bls.gov/timeseries/LNS14000000
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  6. #12646
    Supporting Member bobbiemcgee's Avatar
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    Fact is trump turned out to be the worst jobs president in history. So when it's goes down to 3.49 in a few months, will you be singing Biden's praises? That'll be the day.
    2018 Big East Champs!

  7. #12647
    Voice of Reason Masterofreality's Avatar
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    Quote Originally Posted by bobbiemcgee View Post
    Fact is trump turned out to be the worst jobs president in history. So when it's goes down to 3.49 in a few months, will you be singing Biden's praises? That'll be the day.
    Only because of a once in a lifetime pandemic Bobbie. 3.5% unemployment in 2/20 and lowest minority unemployment in history. Fact.
    "I Got CHAMPIONS in that Lockerroom!" -Stanley Burrell

  8. #12648
    Supporting Member MADXSTER's Avatar
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    I have no doubt that Biden will have the lowest jobs unemployment in history because someone somewhere will change the definition of unemployment.
    Balls of Steele!!

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