430,000 new jobs!!!! But wait out of that 411,000 were temp jobs!!!!!!!!!!!!!!!!!

[vulture]

Quote from zdreg:

playing with employment numbers is typical of 3rd world government.s. firing and rehiring of gov't census workers and each time counting it as a creation of job is typical of statistical jiggering in the 3rd world.

I suspect you are completely correct. I hadn't really considered the origins of that sort of trickery, but it does make sense as a means to constantly run interference and confound meaningful data collection.

 

[shortie]

Quote from shortie:

the fewer jobs created this month, the more will be created in the next one - great news coming! Buy! Buy!

Biden can't be wrong!!!

"In a PBS interview June 2, Vice President Joseph Biden predicted 700,000 to 1.4 million jobs would be created by the end of 2010. But at most, that would still be more than 5.2 million jobs shy of matching President Obama's claims about economic stimulus.

Biden forecast job creation "between 100,000 and 200,000 jobs on average all the way through this year" in an interview with Charlie Rose.

Read more: http://newsbusters.org/blogs/julia-...-2-million-short-obamas-promise#ixzz0ptf5jZL2
"

hmm....

"April 23 (Reuters) - Vice President Joe Biden predicted on Friday the U.S. economy would create 100,000 to 200,000 jobs next month, with a rise to 250,000 to 500,000 jobs per month soon afterward, according to a press pool report."

 

[noob_trad3r]

Quote from endsongs:

As I mentioned before, the stimulus was wasted on saving/creating gov't jobs at the expense of private sector jobs. Now with the stimulus running out, we will see the real jobs picture.

How do you create private sector jobs. Americans cannot compete against someone in china making 87 cents an hour or a white collar engineer in india making 1.57 an hour.

Nothing the government nor future president can change that.

 

[CaptainObvious]

Quote from MKTrader:

Yes, we need more regulations--especially the reactionary kind from bureacrats who have never worked in the private sector and don't know what "unintended consequences" are.

We need stronger unions, especially in the public sector so gov't employees get paid more to do mostly nothing all day and retire at 50. Let's put more strain on those pensions, it will all work out in the end.

More deficit spending + higher taxes + stifling regulations + more gov't jobs & green jobs (which anyone with a modest math/physics/energy background knows are a joke) = the formula for success.

Watch out Greece, here we come!!

And the free for all, no rules, just get yours has worked so well?

 

[MKTrader]

Quote from noob_trad3r:

How do you create private sector jobs. Americans cannot compete against someone in china making 87 cents an hour or a white collar engineer in india making 1.57 an hour.

Nothing the government nor future president can change that.

Lower corporate income taxes. Take other measures to reduce taxes/excessive regulations and cut wasteful spending.

There are still plenty of things that can't be done better and more efficiently in the U.S.--with the right conditions. Focus on those things and let China, India, Vietnam, etc. do what they do best.

The problem is that we're taking the exact opposite measures that we should. But we do have Paul McCartney serenading our First "Lady" so I guess it's all OK....

 

[CaptainObvious]

Quote from Retief:

Thirty years ago, Carter was president and getting bent over by the Iranians, unemployment was high, inflation was high, and the Japanese seemed like they were taking over. And out of this chaos, a hero emerged - Ronald Reagan. America needs another hero.

Ronnie Rayguns blazed the trail to destroy the working class. I was there to watch it happen so go sell your story someplace else.

 

[MKTrader]

Quote from CaptainObvious:

And the free for all, no rules, just get yours has worked so well?

I have no idea. We haven't had anything close to that. Artificially-lowered interest rates, forced loans to the non-creditworthy, Fannie, Freddie, etc. all came from the top and were forced into the marketplace. These set up the pre-conditions of what happened in the housing/credit markets.

 

[CaptainObvious]

Quote from MKTrader:

I have no idea. We haven't had anything close to that. Artificially-lowered interest rates, forced loans to the non-creditworthy, Fannie, Freddie, etc. all came from the top and were forced into the marketplace. These set up the pre-conditions of what happened in the housing/credit markets.

And who set that up, some working stiff? Hardly! Who made all the money off that scam? Sure as hell wasn't some guy running a punch press.

 

[Retief]

Quote from noob_trad3r:

How do you create private sector jobs. Americans cannot compete against someone in china making 87 cents an hour or a white collar engineer in india making 1.57 an hour.

Nothing the government nor future president can change that.

It's not the governments job to create jobs or to figure out to compete against low-wage labor in other countries. It's the government's job to get the hell out the way so that American entrepreneurs can figure out to do it.

Where do you think Apple Computer and Google came from, or Microsoft for that matter? You think the government created those companies and the thousands of jobs that those companies created as they grew? Even Hewlett-Packard was started by a couple of guys in a garage in California.

If the government had any smarts, they would try to make conditions as favorable as possible for new companies to start, and get the hell out the way. Good ol'America ingenuity is the answer to our woes, not more government.

 

[noob_trad3r]

Quote from MKTrader:

Lower corporate income taxes. Take other measures to reduce taxes/excessive regulations and cut wasteful spending.

There are still plenty of things that can't be done better and more efficiently in the U.S.--with the right conditions. Focus on those things and let China, India, Vietnam, etc. do what they do best.

The problem is that we're taking the exact opposite measures that we should. But we do have Paul McCartney serenading our First "Lady" so I guess it's all OK....

You can lower corporate incometaxes to 0 but that would not help. You still cannot beat 87 cents an hour for blue collar jobs in china and 1.50-1.80 for white collar jobs in india etc.. And on top of that you then have to rebuild our hollowed out industrial base.
why bother? 87 cents an hour is unbeatable.

Taxes of 0 will not bring jobs back, it is impossible to compete with those wages.


And I am not saying for the government to create jobs, that would not make sense.

The fact is 87 cents an hour blue collar, 1.50-1.80 white collar overseas is unbeatable. no one can fix this not the government nor anyone else.

And to add insult to injury kids now have to blow 4 years in college and spend 50K to get a work permit.


a 100,000 dollar Cisco enterprise switch is made in mexico for example.