Nearly 1 Million Workers Vanished Under Obama

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    Jan 14, 2012 10:34 PM GMT
    http://news.investors.com/Article/597581/201201121629/jobless-figures-hide-real-problems.htm?src=IBDDAE

    WEBa1jobs0113.gif.cms

    Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers.

    In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren't working, and they aren't looking — according to data from Labor's Bureau of Labor Statistics. In the past two months, the labor force shrank by 170,000.

    This is virtually unprecedented in past economic recoveries, at least since the BLS has kept detailed records. In the past nine recoveries, the labor force had climbed an average 3.5 million by this point, according to an IBD analysis of the BLS data.

    "Given weak job prospects, many would-be workers dropped out of (or never entered) the labor force," noted Heidi Shierholz of the Economic Policy Institute in her analysis of the BLS jobs report issued last Friday. "That reduces the measured unemployment rate but does not represent real improvement."

    According to the BLS, the "labor force participation rate" — the ratio of the number of people either working or looking for work compared with the entire working-age population — is now 64%, down from 65.7% when the recession ended in June 2009. That's the lowest level since women began entering the workforce in far greater numbers several decades ago.

    If you adjust for this drop, the unemployment rate would be close to 11%, instead of the official 8.5%.
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    Jan 14, 2012 10:42 PM GMT
    Your source is NOT a very read paper... its readership has been declining since its inception. I wonder why.......
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    Jan 14, 2012 11:01 PM GMT
    TropicalMark saidYour source is NOT a very read paper... its readership has been declining since its inception. I wonder why.......


    And yet it speaks the truth... (despite your attempts at belittling it - which incidentally aren't so true).
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    Jan 15, 2012 1:42 AM GMT
    Also it is stolen material. Their terms of service prohibit the use of their material in the manner presented.

    "You may use the Content online and solely for your personal, non-commercial use, and you may download or print a single copy of any portion of the Content for your personal, non-commercial use, provided you do not remove any trademark, copyright or other notice contained in such Content. No other use is permitted. You may not, for example, republish the Content on any Internet, Intranet or Extranet site or incorporate the Content in any database, compilation, archive or cache. You may not distribute any of the Content to others, whether or not for payment or other consideration, and you may not modify, copy, frame, reproduce, sell, publish, transmit, display or otherwise use any portion of the Content without the written consent of IBD..."

    Other internet forums and sites have been closed due to the misuse of copywrited material. I suggest riddler78 begin to read, understand and then state what he believes to be in the article rahter than cut and paste it in violation of the property rights of the corporations he quotes. Unless, conservative values now include the theft of private property.
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    Jan 15, 2012 1:48 AM GMT
    webster11111 saidAlso it is stolen material. Their terms of service prohibit the use of their material in the manner presented. ...

    The term "stolen" is completely inappropriate. There is a question of its use under the Fair Use provision of copyright law that takes precedence.
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    Jan 15, 2012 1:54 AM GMT
    Regurgitation is not covered.
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    Jan 15, 2012 2:14 AM GMT
    webster11111 saidAlso it is stolen material. Their terms of service prohibit the use of their material in the manner presented.

    "You may use the Content online and solely for your personal, non-commercial use, and you may download or print a single copy of any portion of the Content for your personal, non-commercial use, provided you do not remove any trademark, copyright or other notice contained in such Content. No other use is permitted. You may not, for example, republish the Content on any Internet, Intranet or Extranet site or incorporate the Content in any database, compilation, archive or cache. You may not distribute any of the Content to others, whether or not for payment or other consideration, and you may not modify, copy, frame, reproduce, sell, publish, transmit, display or otherwise use any portion of the Content without the written consent of IBD..."

    Other internet forums and sites have been closed due to the misuse of copywrited material. I suggest riddler78 begin to read, understand and then state what he believes to be in the article rahter than cut and paste it in violation of the property rights of the corporations he quotes. Unless, conservative values now include the theft of private property.


    Yep figures - you can't begin to understand the arguments at hand so aim to attack me personally. That's ok.

    Have a read of this - http://www.wired.com/threatlevel/2010/10/dmca-righthaven-loophole/ - something I'm pretty sure RJ has done.
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    Jan 15, 2012 2:16 AM GMT
    yourname2000 saidReally? So, when the top 1% sell out their country and move hundreds of thousands of jobs overseas, you mean they don't magically reappear?

    Wow....I'm so shocked.

    Keep buying that Walmart shit folks....forget that the nickel you saved is costing you 20 cents down the road, 'cos wow, you're really "saving" when you ship your money off to China. icon_rolleyes.gif


    Keep being protectionist - nevermind that trade actually increases jobs and reallocates them to where they are most efficient. And frankly - people will continue to buy Walmart because Walmart is singlehandedly responsible for drastically improving the standard of living of many Americans - and Canadians.

    The people who by these lines of attacks are also too ignorant to understand that if it isn't coming from China it would come from other countries or automation. The reason why China however has been particularly targeted is that it has dramatically consolidated imports - taking market share from other developing countries.

    Are you also afraid of technology taking your job? Do you actually believe that we would be better off with tens of millions of people employed as switchboard operators or making buggy whips?
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    Jan 15, 2012 3:07 AM GMT
    riddler78 said
    TropicalMark saidYour source is NOT a very read paper... its readership has been declining since its inception. I wonder why.......


    And yet it speaks the truth... (despite your attempts at belittling it - which incidentally aren't so true).
    Really.. prove otherwise..

    ( that means doing your research doesnt it.. and you hate that)
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    Jan 15, 2012 3:09 AM GMT
    TropicalMark said
    riddler78 said
    TropicalMark saidYour source is NOT a very read paper... its readership has been declining since its inception. I wonder why.......


    And yet it speaks the truth... (despite your attempts at belittling it - which incidentally aren't so true).
    Really.. prove otherwise..

    ( that means doing your research doesnt it.. and you hate that)


    I'm the one who has provided references - you don't bother - so I'm afraid your claims and your actions are somewhat inconsistent.
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    Jan 15, 2012 3:17 AM GMT
    yourname2000 said
    riddler78 said
    yourname2000 saidReally? So, when the top 1% sell out their country and move hundreds of thousands of jobs overseas, you mean they don't magically reappear?

    Wow....I'm so shocked.

    Keep buying that Walmart shit folks....forget that the nickel you saved is costing you 20 cents down the road, 'cos wow, you're really "saving" when you ship your money off to China. icon_rolleyes.gif


    Keep being protectionist - nevermind that trade actually increases jobs and reallocates them to where they are most efficient. And frankly - people will continue to buy Walmart because Walmart is singlehandedly responsible for drastically improving the standard of living of many Americans - and Canadians.

    The people who by these lines of attacks are also too ignorant to understand that if it isn't coming from China it would come from other countries or automation. The reason why China however has been particularly targeted is that it has dramatically consolidated imports - taking market share from other developing countries.

    Are you also afraid of technology taking your job? Do you actually believe that we would be better off with tens of millions of people employed as switchboard operators or making buggy whips?

    Delusional. And the proof is in the pudding....trade imbalance....look it up.


    And do trade imbalances matter? Trade imbalances only look at top line numbers and they make no differentiation with respect to profitability. Look at the trade imbalances when it comes to China over time - and other countries - the only one who is delusional here is you. Further, if look at trade imbalances during strong economic times versus weak ones and again consider the implications.
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    Jan 15, 2012 3:19 AM GMT
    riddler78 said
    TropicalMark said
    riddler78 said
    TropicalMark saidYour source is NOT a very read paper... its readership has been declining since its inception. I wonder why.......


    And yet it speaks the truth... (despite your attempts at belittling it - which incidentally aren't so true).
    Really.. prove otherwise..

    ( that means doing your research doesnt it.. and you hate that)


    I'm the one who has provided references - you don't bother - so I'm afraid your claims and your actions are somewhat inconsistent.

    http://accessabc.wordpress.com/2011/11/01/the-top-25-u-s-newspapers-from-september-2011-fas-fax/
    http://en.wikipedia.org/wiki/List_of_newspapers_in_the_United_States_by_circulation
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    Jan 15, 2012 3:20 AM GMT
    Right, because this is all Obama's fault.. as if its actually him thats in power and not those people you don't see who sit in their powerful chairs for decades just pulling presidential strings
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    Jan 15, 2012 3:26 AM GMT
    TropicalMark said
    riddler78 said
    TropicalMark said
    riddler78 said
    TropicalMark saidYour source is NOT a very read paper... its readership has been declining since its inception. I wonder why.......


    And yet it speaks the truth... (despite your attempts at belittling it - which incidentally aren't so true).
    Really.. prove otherwise..

    ( that means doing your research doesnt it.. and you hate that)


    I'm the one who has provided references - you don't bother - so I'm afraid your claims and your actions are somewhat inconsistent.

    http://accessabc.wordpress.com/2011/11/01/the-top-25-u-s-newspapers-from-september-2011-fas-fax/
    http://en.wikipedia.org/wiki/List_of_newspapers_in_the_United_States_by_circulation


    Neither of these links do anything to prove your original point.
  • Posted by a hidden member.
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    Jan 15, 2012 3:28 AM GMT
    riddler78 said
    TropicalMark said
    riddler78 said
    TropicalMark said
    riddler78 said
    TropicalMark saidYour source is NOT a very read paper... its readership has been declining since its inception. I wonder why.......


    And yet it speaks the truth... (despite your attempts at belittling it - which incidentally aren't so true).
    Really.. prove otherwise..

    ( that means doing your research doesnt it.. and you hate that)


    I'm the one who has provided references - you don't bother - so I'm afraid your claims and your actions are somewhat inconsistent.

    http://accessabc.wordpress.com/2011/11/01/the-top-25-u-s-newspapers-from-september-2011-fas-fax/
    http://en.wikipedia.org/wiki/List_of_newspapers_in_the_United_States_by_circulation


    Neither of these links do anything to prove your original point.
    My point was CRYSTAL CLEAR. its is NOT a very well read source. Period.
    And its been falling in numbers since day one.
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    Jan 15, 2012 3:30 AM GMT
    yourname2000 saidDoes the USA have free-trade with China? Does China have free-trade with the USA? My understanding is it's a lot easier to buy from China than to sell (finished goods) to China. So is it a level playing field? No. So is this an apples to apples thing? Or are you just calling oranges apples to make your point?

    Keep outsourcing. It's working really well (for the top 1%).


    What you don't seem to understand is that it doesn't matter. If the US wasn't importing it from China they would have outsourced from elsewhere or automated it. Ultimately China is expected to be a net importer - and that already happened for a few months. That is the point.

    I'm sorry you're not in the top 1%. Outsourcing has allowed for the creation of other 1%'ers which has not been consistent. It's also allowed for entrepreneurs to develop more quickly by finding cheaper sources of production and easier to find capital for their ideas. You can't simply cherry pick the benefits of globalization - but broadly as studies on Walmart suggest, it has resulted in better standards of living for both Americans and Canadians - particularly helping the poorest.
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    Jan 17, 2012 5:30 PM GMT
    I talked to investors.com today. According to their reprints manager, the cut and pasting you are doing is a violation of their terms of service and does not fall under the fair use doctrine in the way in which they use it.

    My suggestion is that you cease to use their articles or you risk having this website shut down.

    If you wish to verify this, you can go on their site and use the links to send them an email.

    Do conservative values include theft of private property?
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    Jan 17, 2012 5:43 PM GMT
    webster11111 saidI talked to investors.com today. According to their reprints manager, the cut and pasting you are doing is a violation of their terms of service and does not fall under the fair use doctrine in the way in which they use it.

    My suggestion is that you cease to use their articles or you risk having this website shut down.

    If you wish to verify this, you can go on their site and use the links to send them an email.

    Do conservative values include theft of private property?


    Lol good luck with that - if you again bothered to read the provision under the DMCA that covers user generated content you would see that RJ is covered if/when notification is made. Of course it's telling how poor your arguments are that you attempt this line of attack.
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    Jan 17, 2012 5:50 PM GMT
    webster11111 saidI talked to investors.com today. According to their reprints manager, the cut and pasting you are doing is a violation of their terms of service and does not fall under the fair use doctrine in the way in which they use it.

    My suggestion is that you cease to use their articles or you risk having this website shut down.

    If you wish to verify this, you can go on their site and use the links to send them an email.

    Do conservative values include theft of private property?

    The law trumps what they and you say. It would probably be a better practice to just post excerpts IMO, and as long as the excerpts do not become a significant part of the article, it would be covered under fair use.

    Just for your information, this same issue was discussed in the thread linked below. I took the position that excerpts would be allowed but not the whole article. There were other opinions to the contrary, and I wasn't taking into account the provision Riddler just mentioned. In fact, I brought the matter to the Admin's attention, and he chose to let the article remain. Read this thread, and my suggestion is bring it up with the Admin. If he takes a position and announces it, I think most will comply. If he doesn't take the position you want him to, then you can decide if you want to live with it or try to go on a crusade and make trouble for the site.

    http://www.realjock.com/gayforums/2085280/
  • Webster666

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    Jan 18, 2012 7:32 AM GMT
    Yeh, it's pretty much true, BECAUSE PRESIDENT OBAMA INHERITED THE GEORGE W. BUSH GREAT DEPRESSION.

    Oh, and the Republican controlled House of Representatives refuses to pass any job creation bills.