I think a much more accurate indicators on how well an economy is doing is workforce participation. That is simply the percentage of the available workforce that has a job. This chart was generated by information from the Bureau of Labor Statistics
A little more up to date? According to the DOL data released in March of this year, that would be 2015 Mac. Work ******* participation has been stuck between 62.7% and 62.95 for the eleven months from April 2014 through February 2015. At the time of the data release in March 2015 the participation rate had been 62.9% or lower for 13 of the last 17 months. The last time it was that it was below 63% was back in March 1978, as I recall Jimmy Carter was president then. Newer data isn't painting your hero in any better light.View attachment 634751 .... "Nice ole doggy" , the latest, too ... 2012. Sure you couldn't have picked up something further back, say the day after inauguration or maybe late 2010 for more dramatics? Maybe even have gone back to the late 1920's, found a chart and slapped Obama's name on it. Earth to Torp ... it's August, 2015 now ... anything, say, uhhhh even near 2014 or later?
You get a View attachment 634774 on this one, you egotistical ole man, but only for the source! View attachment 634768
Nice chart Mac. I am not seeing anything particularly note worthy about the U-6 rates. And you don't seem to be addressing the flat wages that aren't keeping up with inflation. Or the health care cost increases that the most insurers are asking for 2016.Actually, here is the chart I'm sure you wish you could have found, since you're so insistent on using the U6 because of it conveniently dramatizing your argument of real unemployment.
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The U-3 has been used for as long as I can recall; its the same one used for Nixon-Bush II. So you can't conveniently use one or the other measure when that measure benefits YOU in proving/making your biased comments. Is the U-6 more accurate or real? Yes, I imagine it is. But your tone of comments indicate that the Obama administration is somehow fabricating a hoax or spins the statistics for his benefit. The Obama administration just uses the same measure every other administration has used.
I believe you still refuse to admit the dynamic of the Great Recession that this country just had ... 800,000 jobs being lost each month in the last few months of the "W's presidency. The labor market is taking on a whole new change for several reasons which impact the "real" numbers you wish to point out, but do not reveal:
Also, you bring up that 63% workforce issue ... of course you don't reveal that 24% if the population is ******* and not available to work, or that 13% of the population consist of retirees. When you take 100% - (24+13) or 37% ... bingo, you get 63%. So, stop your bias BS; you look too much like the Congress that has focused their entire last 6 years doing nothing but trying to make Obama look bad, and accomplishing nothing positive themselves for the people that elected them.
- 1st wave of babyboomers are starting to retire (some took early retirement after finding a job market with age based discrimination)
- ACA enabled a lot of people to quit jobs or change to part-time jobs rather than pursue jobs with companies providing health benefits
- People who decided to stay home to take care of children
The fact is, the Republican congress has done everything they conceivably can to make Obama fail; just about everyone, except you, will admit this. You fault him for lack of jobs and pay, when the obstructionists to his initiatives
to fix these things were/are obstructed by the very party you seem to support. Come on ... 300+ filibusters to one President?
The fact is, the indicators that are suppose to be going down or up to indicate an improving economy are doing just that ...
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Again, notice a CURRENT CHART.
He does still seem to be doing well in the pollsSo, what's your thoughts about the Donald now? Just curious. I'll say one thing, the man is entertaining. I hope he lasts at least to the end of the year. His ego's almost as big at Torpedo's. View attachment 634785
.... you don't seem to be addressing the flat wages that aren't keeping up with inflation. Or the health care cost increases that the most insurers are asking for 2016.
so you want slaves but you call other people racist....funnyThey're both idiots. Trump is an arrogant pompous ass who will bring nothing but disgrace to the presidency. The era of bulldog politics ended with that racist Roosevelt and US diplomacy cant afford to have racist Trump at the helm. Oh seems they both have that in common. Hillary is undercover racist and completely useless. The choices available at the moment are both sad and scary. God save us everyone!!!
Please expand your comment & examples of their racism?.... The era of bulldog politics ended with that racist Roosevelt and US diplomacy cant afford to have racist Trump at the helm.... seems they both have that in common. Hillary is undercover racist and completely useless.
Obama has been in office 6 years, just how long are you going to blame "trickle down"? I am seeing quite a bit of "trickle up poverty". Home ownership has been steadily dropping for the last 8 years it hasn't been this low for about 20 years. July layoffs were at a 4 year high. These are not signs of a healthy economyI'm honestly trying to keep up with your constant flow of questions that seem to keep you from becoming involved in explanations, yourself. So, now our topics are Income Inequality & Health Care. We've run over the ACA/Obamacare thing like a dead cat, and our conversations about that just get flatter and flatter ... neither one willing to give an inch on it. My only comment regarding it, therefore, is to say that the rate increase the carriers are ASKING for is not the rate increase the carriers are going to get. The whole ACA rate thing falls under justifying rates by the percentage of claims paid under the plans ... thus the 80/20 and 85/15 rules apply. Those rules have, thus far, refunded over $3 billion of health insurance premiums back to policy owners in the past 2 years. Insurers are just now realizing they can't justify a 25% increase if the percentage of claims paid out fall below the rule they are under. Also, the healthcare providers are adjusting their service charges to standardize the industry ... all this is occurring because of ACA, so our seeing true results of the ACA may take a few more years, but the fact is, the health industry is adjusting and eventually, when most all citizens are covered under a plan, the risk to the carriers will be much more spread out, and anti-selection will be lessened as well.
That said, from what I am reading in my industry journals, we should expect rate increases in the 10-20% a range.
I'm glad the "flat wages" topic came up for discussion. I've done some in depth researching & reading with my spare time to justify my comments to this topic. I still don't have time to elaborate here, now, but I'll be adding information. Although, visually, the implementation of Reagan's "Trickle Down" have accelerated income inequality, the culprit is a bit deaper than that. I just finished reading the report "Capitalism In paradigm shift" and the explanation of the global economy. Here are just a few of the interesting observations that said "free market capitalism is gone:
Notice I've said nothing to point specifically at either party as the reason(s) for income inequality. In fact, I found that more than a few Democrats supported the idea, early on, of Reagan's Supply-Side theory of cutting taxes at the top to encourage job creation, which most all economists now say was a failure.
- The Technology Revolution we are in has impacted society in much a similar way as the Industrial Revolution of the early 20th century ... dramatic changes in human knowledge & skills, method of accumulating wealth & assets, social disruptions such as unemployment, bankruptcy and depressions.
- Just as the Industrial Revolution multiplied the power of the muscle, the Technology Revolution multiplies the power of knowledge & information. Those adjusting and mastering to this new revolution are the ones benefiting first, but the course of the economy is following a similar path of development.
- Computers & telecommunications have changed the type and function of capitalism.
- Shareholder capitalism has replaced Management capitalism ... with boards pressuring CEOs to maximize shareholder's gains and push for short term profits.
- The drastic lowering of the corporate taxes of the past resulted in companies quit investing in employee incomes and company development to avoid the taxes, and instead paying out huge bonuses, golden parachutes and remuneration packages instead of investing back into their companies. The argument of taxes discouraging businesses to grow in the US was proven false and an example of that was Kansas, who has no business income taxes but still has one of the highest unemployments. When the tax was a 90% rate, few businesses paid because they invested profits on employees and business needs.
Gotta run ... later.
They're both idiots. Trump is an arrogant pompous ass who will bring nothing but disgrace to the presidency. The era of bulldog politics ended with that racist Roosevelt and US diplomacy cant afford to have racist Trump at the helm. Oh seems they both have that in common. Hillary is undercover racist and completely useless. The choices available at the moment are both sad and scary. God save us everyone!!!
Please expand your comment & examples of their racism?
And do you feel that there is any reverse-racism on this site?
I'm the same way, bm ... Trump seems to be a train wreck for everyone, and I'm with the Clintons the same as I am with the Bush's ... I'm ready for someone fresh and unspoiled by the bureaucrat establishment.Not that I like either of them, but I'm with Mac in that I'd like to hear how these two are racist.
Not that I like either of them, but I'm with Mac in that I'd like to hear how these two are racist.
The term sub or slave is in no way comparable to Atlantic World Slavery. Slavery as it is know in the Americas was an economic system of exploitation in which non whites were sold and owned as property to enrich white society. This is not the case in a D/s or BDSM based relationship or activity where those involved define the way they will interact and what is off limits. At best it is a deviant relationship between people who don't want a Archie and Betty vanilla relationship. Most of all it is consensual and ordered, those involved are will participants no matter what their role in the dynamic is. Most importantly is in no way race based slavery.so you want slaves but you call other people racist....funny
....You really need to let your sub conscious thoughts speak ... that's where we hide our most secret & sensitive thoughts. You need to ask your sub consciousness "why do I like the slave fantasy or dom fantasy over a white female?" ... not asking you relate it here, just to yourself. This is where all the racism is buried, and if its properly provoked, THEN it comes to the surface for others to see. Sort of like cross-examining a guilty person on the witness stand until they finally break with anger and admit the crime.... I surely do not associate term slavery in the D/s world with an unjust power over another since it is supposed to be a relationship or activity agreed upon by both parties. Nor do I advocate its use in that manner.
....You really need to let your sub consc accept for hillaryious thoughts speak ... that's where we hide our most secret & sensitive thoughts. You need to ask your sub consciousness "why do I like the slave fantasy or dom fantasy over a white female?" ... not asking you relate it here, just to yourself. This is where all the racism is buried, and if its properly provoked, THEN it comes to the surface for others to see. Sort of like cross-examining a guilty person on the witness stand until they finally break with anger and admit the crime.
....That's a big part as to why all this anger is going on with the recent black male shootings by cops ... and both sides are starting to let it out. It really needs to come out ... to admit it, address it, then start reasoning with it. I've really been watching all that's happening with great interest, because the nation is trying to come to terms with it now, and its pretty painful, and pretty embarrassing as well.
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