Say Anything Blog

Worst economy since the great depression

Worst economy since the great depression

For the Dems.  They can’t sell their socialism with good economic news.

"One must regard his leftist opponent as a parent regards his recalcitrant child. Don’t give an inch in a debate with a leftist, and you’ll soon frustrate him to the point that he falls back to his default position. He’ll gainsay your every point. He’ll even resort to calling you names and accusing you of having suspect parentage.”

If I am adding correctly… or estimating I should say if you remove the months around September 2001, this is something like 8 - 10 million jobs created in the George Bush years.  Pretty good for a dumb hick from Texas.

Good news?

Private sector employment growth was stagnant.

Health care, and bars & restaurants were responsible for more than half the rise.

Temp jobs, usually a good leading indicator of future job creation, fell 20,000.

Government was responsible for nearly all of the upward revisions to the July and August......Ya BIG government....great. Of the 110,000 jobs created this month, 37,000 were government jobs. I forget, how do we pay for a government employee?

Manufacturing continues to lose lots of jobs quickly.  lost 60,000 over the past two months. We don’t need to make stuff anymore.

Retail hiring is trending downwards.

In 2006, 226,000 new jobs created per month
In 2007, that number fell to 122,000
In Q3 2007, that number fell to 74,000

Jake
Not sure where you get your info but according to BLS Non farm payroll increased by 5.7 mil during dubya’s years, of that 1.4 mil are gov jobs.

“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Ah yes, job growth.
Here’s a steady supply new jobs.
War = Job Growth
No pink slips today folks, we got ourselves another contract paid for by the good ole taxpayers. Thank you taxpayers.

And once we bomb Iran, damn, just think of the new jobs that will be created.

“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

MarkD
These GOP guys think its fine when defence companies hose us for all our tax money and drive up federal spending like crazy. They just don’t like it when the Unions or the hungry, poor, black people do it. Duh.

These GOP guys think its fine when defence companies hose us for all our tax money and drive up federal spending like crazy.

Sparkie: The reality is that about 2/3rds of the federal budget goes to social engineering and entitlements, not defense.

"One must regard his leftist opponent as a parent regards his recalcitrant child. Don’t give an inch in a debate with a leftist, and you’ll soon frustrate him to the point that he falls back to his default position. He’ll gainsay your every point. He’ll even resort to calling you names and accusing you of having suspect parentage.”

Sparkie:

These GOP guys think its fine when defence companies hose us for all our tax money and drive up federal spending like crazy. They just don’t like it when the Unions or the hungry, poor, black people do it. Duh.

"Duh" is right.

What a stupid, uninformed comment.

r108

Sparkie: The reality is that about 2/3rds of the federal budget goes to social engineering and entitlements, not defense.

Are you including defense welfare?
You know, like when taxpayers and future taxpayers have to pay for something that is benefiting a certain group?

Sparkie

They just don’t like it when the Unions or the hungry, poor, black people do it

Unions don’t create as many jobs as a good ol war does.

“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Are you including defense welfare? No such thing.  Defense is necessary; welfare isn’t.
You know, like when taxpayers and future taxpayers have to pay for something that is benefiting a certain group? That’s what social entitlement spending does.  You seem to be confused.

Unions don’t create as many jobs as a good ol war does.

Unless you’re talking about “featherbedding”, unions don’t create jobs; they destroy them by forcing the price above the market level.
War doesn’t create jobs, either; it just focuses our efforts.  Your Marxist mythology has softened your brain, I think.

"One must regard his leftist opponent as a parent regards his recalcitrant child. Don’t give an inch in a debate with a leftist, and you’ll soon frustrate him to the point that he falls back to his default position. He’ll gainsay your every point. He’ll even resort to calling you names and accusing you of having suspect parentage.”

r108

War doesn’t create jobs

So what do these contracts create?

Jobs...... Apply here

What about Boeing 2006 contract $21,164,471,588
any job creation from war there?
Northrop Grumman Corp 2006 $17,988,670,464
No jobs here.

How about Armor Holdings Inc 2007 (so far) $1,200,601,032
2002 $85,852,614
no jobs here.

War jobs...apply here

“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

MarkD: Do you know what “job creation” means?  When people leave a lower paying job to take a better one in the defense industry, it isn’t “job creation”.  When the country needs more national defense, and we hire people to do those jobs, that is job creation, and it is for good reason.  You’re missing a piece in your commie rant here.  BTW, defense spending goes in even when there isn’t a war.

"One must regard his leftist opponent as a parent regards his recalcitrant child. Don’t give an inch in a debate with a leftist, and you’ll soon frustrate him to the point that he falls back to his default position. He’ll gainsay your every point. He’ll even resort to calling you names and accusing you of having suspect parentage.”

MarkD: I notice that you, just like Clinton ignoring terrorism, ignored the point about your claim that unions create jobs being thoroughly refuted.

"One must regard his leftist opponent as a parent regards his recalcitrant child. Don’t give an inch in a debate with a leftist, and you’ll soon frustrate him to the point that he falls back to his default position. He’ll gainsay your every point. He’ll even resort to calling you names and accusing you of having suspect parentage.”

r108

When the country needs more national defense, and we hire people to do those jobs, that is job creation

Like a WAR.

War creates jobs
KBR Inc (Dicks buds)
2002 contract $698,047,791
2004 contract $8,088,126,534

“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

[quoteLike a WAR.

While that is true for stagnant socialist economies, in ours, war diverts capital from more productive use.  Duh.  You’re talking leftist politics, and are trying to sell it as economics.  No sale.

"One must regard his leftist opponent as a parent regards his recalcitrant child. Don’t give an inch in a debate with a leftist, and you’ll soon frustrate him to the point that he falls back to his default position. He’ll gainsay your every point. He’ll even resort to calling you names and accusing you of having suspect parentage.”

While that is true for stagnant socialist economies, in ours, war diverts capital from more productive use.  Duh.  You’re talking leftist politics, and are trying to sell it as economics.  No sale.

Nominally, there is no question that war creates jobs and economic growth, but this approach is very 19th-20th century, and won’t lead to longer term economic growth, as it did during those earlier centuries.  India and China will teach us this painful lesson.

http://www.amazon.com/Easy-Out-Corporate-Addiction-Outsourcing/dp/0313345023/ref=pd_bbs_sr_1/002-6485868-0284055?ie=UTF8&s=books&qid=1193437996&sr=8-1

Nominally, there is no question that war creates jobs and economic growth…

Absolutely wrong.  Witness our stagnant economic growth during WWII, compared to our staggering economic growth after WWII.  I repeat, for a free enterprise economy, war is a diversion of resources from their most productive use.  Since command economic systems are by nature parasitic(that includes China), they actually need war to grow.  For us, it’s a diversion.

"One must regard his leftist opponent as a parent regards his recalcitrant child. Don’t give an inch in a debate with a leftist, and you’ll soon frustrate him to the point that he falls back to his default position. He’ll gainsay your every point. He’ll even resort to calling you names and accusing you of having suspect parentage.”

Witness our stagnant economic growth during WWII, compared to our staggering economic growth after WWII.

What a simplistic statement - to suggest that post WW2 wasn’t influenced by the war, rather successful in spite of it?  Read some Keynes, and understand how government spending can induce growth.

But you didn’t understand my post - I actually agreed that the war will hurt our economy in the future.

Read some Keynes, and understand how government spending can induce growth.

Keynes has been thoroughly discredited, except with you ignorant lefties.
I understood your post quite well; you’re just wrong.  If India sheds its socialist govt, they might partner with us in a free enterprise world, but China is living on borrowed time.  What I said is that war is always bad for a demand economic system, and the illustration of that is how well we were able to use the infrastructure we created to win WWII, after the war was over, not during the time we were fighting.  Duh.  Govt is an expense to the private sector, and does nothing to directly contribute to economic growth, which is why Keynes has been discredited.  He was wrong.

"One must regard his leftist opponent as a parent regards his recalcitrant child. Don’t give an inch in a debate with a leftist, and you’ll soon frustrate him to the point that he falls back to his default position. He’ll gainsay your every point. He’ll even resort to calling you names and accusing you of having suspect parentage.”