Obama Administration Overstated Employment by 902,000 Jobs in 2009

[Trader666]

Wow, you libtards are too stupid for words. Do you really think your delusions can change reality? The Obama Administration did overstate employment by 902,000 jobs in 2009 and they admitted it. So you're the stupid liar.

Quote from trefoil:

This is just too stupid for words, but I'll try anyway:

Numero uno: the period covered is to March 2009, and starts at least a year before, if not longer. Obama only got into office in January. Therefore, the overstatement, if you're going to say it was done by anyone, would have been done by the Bush Administration.
To be absolutely clear, I'm not saying that. I'm simply pointing out that logically this would be true.

Numero dos: the interests of the Obama Administration, for the period covered, would be to understate, not overstate, the numbers. If you need to think about why for more than one second, you need to bone up on the term "self-interest".

I hope that covers it.
The OP is both a liar and stupid.

Selah.

Of course once I shot you down here you took the only path that a lying troll like you can take

Quote from Trader666:

Quote from trefoil:

The BLS - Bureau of Labor Statistics - is responsible for this.

Wrong. Obama is responsible for it. You're confused by Obama's incessant blaming of everyone else for his failures. The BLS is a unit of the Department of Labor which is a cabinet department so Obama owns them.

 

[bugscoe]

Quote from Trader666:

Let's not obfuscate Obama's finger pointing and total failure when given his chance:

Bush's "jobless recovery" the month Obama criticized him for it:
Nonfarm payroll employment +334,000
Unemployment: 5.8%.

Obama's jobless recovery most recent month after being in office almost 2 years:
Nonfarm payroll employment -95,000
Unemployment: 9.6%.

Lets add to that Obama's remarks from yesterday:

"We've now seen nine straight months of private sector job growth," President Obama said. Pointing to the loss of public-sector jobs, he said those losses would have been even worse without federal aid to cash-strapped states, which Democrats supported and many Republicans opposed.

"The Republican position doesn't make much sense," he argued, saying that a decline in paychecks from government jobs currently creates "a drag on the private sector as well."

He IS the one we've been waiting for!!

 

[Trader666]

With a record number of Americans on foodstamps, Obama absolutely IS the one the "welfare over work" crowd has been waiting for!

Quote from bugscoe:

He IS the one we've been waiting for!!

 

[bugscoe]

Quote from Trader666:

With a record number of Americans on foodstamps, Obama absolutely IS the one the "welfare over work" crowd has been waiting for!

Indeed, as evidenced here by all the poverty pimps jumping for joy.

 

[Trader666]

And let's not forget this recent gem from Nancy Pelosi. Those in the welfare crowd must be wagging their tails over this, eager for more treats

"It is the biggest bang for the buck when you do food stamps and unemployment insurance — the biggest bang for the buck"

Quote from bugscoe:

Indeed, as evidenced here by all the poverty pimps jumping for joy.

 

[Trader666]

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[bigdavediode]

Quote from Trader666:

And let's not forget this recent gem from Nancy Pelosi. Those in the welfare crowd must be wagging their tails over this, eager for more treats

"It is the biggest bang for the buck when you do food stamps and unemployment insurance — the biggest bang for the buck"

As much as I dislike Pelosi, she clearly was referring to economic benefits and it looks like she is right. Furthermore, you should be ashamed of your style of "out of context" quotes like this one and this kind of dirty politics.

<img src ="http://www.epi.org/page/-/img/20081022snapshot600.jpg">

 

[bugscoe]

Quote from bigdavediode:

As much as I dislike Pelosi, she clearly was referring to economic benefits and it looks like she is right. Furthermore, you should be ashamed of your style of "out of context" quotes like this one and this kind of dirty politics.

The Abysmal Track Record of Moody’s Mark Zandi
By Guest Author - September 23rd, 2010, 8:30AM

The following is from independent banking analyst XXX, who has been accurately forecasting the crisis and its structural underpinnings. He wonders why (generally nice guy) Mark Zandi has become a favorite of public policy makers, despite his rather lackluster track record.

~~~

The Fed, Treasury and the Senate Budget Committee appear to have a favorite private sector economist, one who has managed to become a favorite even though he works for a unit of the same rating agency whose analysis is intrinsically tied to both the market, banking and housing crisis.

Mark Zandi of Moody’s Economy.com is routinely trotted out as an independent expert. He was the sole economist at the August 17 Treasury Conference on the Future of Housing Finance, the Fed’s REO and Vacant Properties conference and has now testified at the September 22nd Senate Budget Committee hearing on “Assessing the Federal Policy Response to the Economic Crisis”.

Never mind that, based on Zandi’s record, either his analysis is just wrong or his independence is compromised. Everyone seems to like to hear the guy who is saying what people want to hear, even the press appears to prefer “feel good” analysis to considering the accuracy of his record.

I like Mark Zandi quite a bit. He is collegial, considerate, considered and smart. But his optimism is helping Washington avoid addressing the reality of our economic problems and the structural issues that must be addressed before our economy can sustain renewed growth...

http://www.ritholtz.com/blog/2010/09/zandi/

 

[Trader666]

Leave it to you, the self-proclaimed exteme fiscal conservative, to argue for the economic benefits of welfare. Fighting for your survival? If foodstamps provide so much bang for the buck, why not put everyone on them and harness the power of welfare to bring the economy back? More Americans are on foodstamps now than ever before and it hasn't worked so what we need is more people on foodstamps, right littledaviedumbass?

Quote from bigdavediode:

As much as I dislike Pelosi, she clearly was referring to economic benefits and it looks like she is right. Furthermore, you should be ashamed of your style of "out of context" quotes like this one and this kind of dirty politics.

 

[Lucrum]

Quote from bigdavediode:

<img src ="http://www.epi.org/page/-/img/20081022snapshot600.jpg">

Obviously we should cancel ALL government programs and focus all our energy on food stamps for all!