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Sorry To Be The Barer Of Bad News, But .........

WoodPeckr

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Heard on the radio this afternoon that there are (approximately) 28 million people in the U.S. who are considered "discouraged workers" (those who are unemployed, have been unable to find work for several years and are no longer actively seeking employment). Many of these people have University degrees if not advanced degrees.
Kind makes your sidekick bottie sound like he all full of bull droppings, since he preaches University degrees & advanced degrees are all it takes to unlimited prosperity in the USA he deludes exists today!!!....:rolleyes:
 

K Douglas

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Jan 5, 2005
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Jobless rate is still going down in the US, 8.3%. Could it hit 8.0% by the fall. It's the 5th straight month for a decline, the first time that happened since 1994, so it can't be called a blip. It's the lowest it's been since Feb 2009.

I'm sure the Republican supporters will claim it's happening dispute Obama's moves and would have probably happened anyway.
At first I was glad to see that the rate has been steadily decreasing until you look further into the numbers
http://www.census.gov/cgi-bin/briefroom/BriefRm
December was a worse month than November.
The CBO came out with its 2012 projections they don't paint a flattering picture at all
http://blogs.wsj.com/economics/2012...-from-cbo-budget-report/?mod=google_news_blog

Let's face it the US economy is in tatters - 27% of all residential mortgages are in a negative equity position, 47% of taxpayers are paying no income tax, 4 years of $1 trillion plus deficits, minimal growth, a tax code that is too complicated and uncompetitive...........Does it all fall on Obama? Of course not. But his policies have made things worse there is no question about it.
 

WoodPeckr

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Let's face it the US economy is in tatters - 27% of all residential mortgages are in a negative equity position, 47% of taxpayers are paying no income tax, 4 years of $1 trillion plus deficits, minimal growth, a tax code that is too complicated and uncompetitive...........Does it all fall on Obama? Of course not. But his policies have made things worse there is no question about it.
WRONG little one!

GLOBALISM IS THE MAIN CUPLRIT HERE!!!
Globalism was a Republican brain fart first espoused by brainless Ronnie Reagan, a kindred spirit to you no doubt...

But thanks for doing your bestest KD to channel JAJA!!!....:eyebrows:
 

kenpachi

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US has no one to blame but themselves. When companies move factories to China, and Mexico due to cheap labour, what do you think will happen. GM, Apple, etc... So after taking all the jobs away, they expect the jobless americans to buy GM and Apple products? Hmmmmmm
 

K Douglas

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WRONG little one!

GLOBALISM IS THE MAIN CUPLRIT HERE!!!
Globalism was a Republican brain fart first espoused by brainless Ronnie Reagan, a kindred spirit to you no doubt...

But thanks for doing your bestest KD to channel JAJA!!!....:eyebrows:
Once again I will call bullshit. You really haven't a clue do you Pekkkrwood. Globalism isn't a creation of any party it is a naturally occurring evolution of economics. And for the most part it works. Unfortunately when some players (ex China) don't play by the rules it causes problems.
 

WoodPeckr

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US has no one to blame but themselves. When companies move factories to China, and Mexico due to cheap labour, what do you think will happen. GM, Apple, etc... So after taking all the jobs away, they expect the jobless americans to buy GM and Apple products? Hmmmmmm
^^^^ +1!!!

All that created was the 'Race To The Bottom', as the USA implodes!....:Eek:
 

K Douglas

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US has no one to blame but themselves. When companies move factories to China, and Mexico due to cheap labour, what do you think will happen. GM, Apple, etc... So after taking all the jobs away, they expect the jobless americans to buy GM and Apple products? Hmmmmmm
What will happen - the US creates jobs and industries in which it has a competitive advantage. The system works except when special interests, labour unions fuck things up.
 

WoodPeckr

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Once again I will call bullshit. You really haven't a clue do you Pekkkrwood. Globalism isn't a creation of any party it is a naturally occurring evolution of economics. And for the most part it works. Unfortunately when some players (ex China) don't play by the rules it causes problems.
BULL DROPPINGS little one!!!

Globalism was CREATED by the Corporatist Plutocarcy in the USA to bring back feudal times of the dark ages!!!

It's soooo simple, only a myopic fool or servant to the elite, with NO knowledge of past history couldn't see!....:rolleyes:
 

WoodPeckr

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What will happen - the US creates jobs and industries in which it has a competitive advantage. The system works except when special interests, labour unions fuck things up.
Have fun and be happy when your wages fall to what Hop Sing in Beijing earns, little one....:rolleyes:
 

danmand

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Nov 28, 2003
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What will happen - the US creates jobs and industries in which it has a competitive advantage. The system works except when special interests, labour unions fuck things up.
Yep, it is working real well. Hardly any debt.
 

groggy

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What will happen - the US creates jobs and industries in which it has a competitive advantage. The system works except when special interests, labour unions fuck things up.
The US will soon rule the world in Starbucks coffee making, McDonalds burger slinging and making bombs.
 

onthebottom

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The US will soon rule the world in Starbucks coffee making, McDonalds burger slinging and making bombs.
Don't for get smartphone OS

OTB
 

blackrock13

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Apparently competition makes for strange bedfellows. From; http://www.economist.com/node/21525685

APPLE doesn't make the iPhone itself. It neither manufactures the components nor assembles them into a finished product. The components come from a variety of suppliers and the assembly is done by Foxconn, a Taiwanese firm, at its plant in Shenzhen, China. The “teardown” graphic below, based on data from iSuppli, a market-research firm, shows who makes what inside the iPhone, and how much the various bits cost. Samsung turns out to be a particularly important supplier. It provides some of the phone's most important components: the flash memory that holds the phone's apps, music and operating software; the working memory, or DRAM; and the applications processor that makes the whole thing work. Together these account for 26% of the component cost of an iPhone.
This puts Samsung in the somewhat unusual position of supplying a significant proportion of one of its main rival's products, since Samsung also makes smartphones and tablet computers of its own. Apple is one of Samsung's largest customers, and Samsung is one of Apple's biggest suppliers. This is actually part of Samsung's business model: acting as a supplier of components for others gives it the scale to produce its own products more cheaply. For its part, Apple is happy to let other firms handle component production and assembly, because that leaves it free to concentrate on its strengths: designing elegant, easy-to-use combinations of hardware, software .
and services.

Stranger still, Apple sued Samsung in April over the design of its Galaxy S handset (a smartphone that bears a strong resemblance to an iPhone) and its Galaxy Tab tablet computer (which looks rather like an iPad), claiming that they copied hardware and design features from Apple products. Samsung retaliated by counter-suing. In the latest twist, Apple has just gained injunctions to prevent the sale of Samsung's Galaxy Tab in Europe and Australia. But the two firms' mutually beneficial trading relationship continues.

The second part of the graphic shows that, beyond manufacturing and component charges, the lion’s share of the iPhone's $560 price tag goes to Apple, though just how much it spends on software development, R&D, marketing, shipping, packaging and so forth is unclear. But Apple now commands the largest slice of the handset industry's profit share, so its margins are still impressive even when these costs have been taken in account. Apple also became the world's largest supplier of smartphones in the second quarter (see chart), with Samsung in second place. And on August 9th, the same day as its victory over Samsung in the European courts, Apple even briefly surpassed Exxon Mobil to become the world's largest company by market capitalisation. So although Apple does not actually make the iPhone, it certainly makes a lot of money from it
 

wigglee

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What will happen - the US creates jobs and industries in which it has a competitive advantage. The system works except when special interests, labour unions fuck things up.
how many new cars will the Indiana Caterpillar workers be buying after they take the jobs at 15 bucks an hour that Canadians refused to accept? Meanwhile the corporation reaps record profits and the execs are rolling in gold.
 

someone

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This is something different Fred. These are actual changes made to the numbers several months afterward.
I happened to come accross this which would explain at least part of the adjustment: http://www.statcan.gc.ca/subjects-sujets/labour-travail/lfs-epa/lfs-epa-eng.htm

"Every January, seasonally adjusted estimates from the Labour Force Survey (LFS) are revised using the latest seasonal factors. Seasonally adjusted series have been revised going back three years, starting with January 2009. These series became available on CANSIM on January 27, 2012 (tables 282-0087 to 282-0094, 282-0100, 282-0116 and 282-0117) and are now available for download free of charge."
 

onthebottom

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WoodPeckr

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FOOTSNIFFER

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What will happen - the US creates jobs and industries in which it has a competitive advantage. The system works except when special interests, labour unions fuck things up.[/QUOTE


Where did you get the misguided idea that anything as manmade as the rules by which trade between parties is conducted isn't subject to change to suite both parties? Economics isn't some branch of biology, operating by some so-called mysterious voodoo unknowable to mere mortals. What's going on today is happening because some powerful people want it to go on because it serves their interests..point stop.
 
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