Obama after 3 years...

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  • desertrain10
    desertrain10 Members Posts: 4,829 ✭✭✭✭✭
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    janklow wrote: »
    Sion. wrote: »
    - killed several dictators and worldwide terrorists (something his predecessor could not do)
    - ended the war & pulled the troops outta Iraq
    i have to point out, since you mentioned the predecessor thing, that Obama should not be getting the degree of credit for ending Iraq that you're giving him. this is stuff that Bush II kicked off.

    also, wait, what dictators did he ? ?

    think he's referring to the murder of moammar gadaffi, which one could argue obama had little or a lot to do with... and also the two top al qauda officials that have been killed...

  • Inglewood_B
    Inglewood_B Members Posts: 12,246 ✭✭✭✭✭
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    A+ just based on the fact that he ? off all the white people i wanted him to.

    really, i cant say my life has changed for better or worse. gas prices done went up, but so has my salary. i wish he went harder for his healthcare bill, but im on tri-care so im good regardless. he also knocked off bin laden. my daughter will grow up knowing its possible to be president instead of it being that same ol parental pipe dream id always assumed it was, for whatever that's worth.
  • NothingButTheTruth
    NothingButTheTruth Members Posts: 10,850 ✭✭✭✭✭
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  • CottonCitySlim
    CottonCitySlim Members Posts: 7,063 ✭✭✭✭✭
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    don't forget the housing market is making a full recovery
  • janklow
    janklow Members, Moderators Posts: 8,613 Regulator
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    He(sion) is Canadian...
    this i know, but it's not like he preceded his opinion with "bear in mind i am Canadian"
    think he's referring to the murder of moammar gadaffi, which one could argue obama had little or a lot to do with... and also the two top al qauda officials that have been killed...
    or, in other words, zero dictators.
    Sion. wrote: »
    Yeah I feel what you sayin but when people look back on it they're gonna give him the credit cuz it happened on his watch. I'm sure baby Bush said he was gonna catch that ? and they could have but it didn't seem like he was trying LOLOL. Not to mention, when 9/11 went down according to Fahrenheit 9/11 documentary Bush had Osama's family flown out of the U.S. on HIS jets. Bush didn't care about catching that ? I think he only wanted to use him as a scapegoat.
    well, first off, i'm mainly talking about giving Bush credit for the Iraq pull-out in that he's the one that signed off on it (he just wasn't around to implement it). people will give Obama credit, frankly, because the narrative, right or wrong, is that Bush started the war and Obama ended it. but i think we should be accurate.

    as for Osama's family, a couple of things:

    01. i do not accept "according to Fahrenheit 9/11" as a legitimate argument for ANYTHING, no matter how true. actually, let me restate that as "? Michael Moore and anybody that love em";
    02. if Osama's family --who are typically not terrorists-- didn't have anything to do with 9/11 or al-Qaeda or what have you, what do you want to do with them? put them in jail?
    03. so i can see that we're going to go down a conspiracy route here, which makes me wonder why you'd think one president is at the beck and call of SPECIAL INTERESTS and then the proceeding president is a fighter for truth and freedom and ? bless America.
    Sion. wrote: »
    As for the dictators - Ghaddaffi (even tho it wasn't explicitly stated), the U.S. supplied the rebels with everything they needed to sweep dude and even froze his accounts around the world preventing him from tapping into the billions he had in swiss accounts and other offshore sources. If the Americans/CIA didn't pull that plug ? woulda gone into hiding in Mexico or South America and then re-emerged 10 years later.
    so... zero dictators?
  • idoitforhiphop10
    idoitforhiphop10 Members Posts: 5,973 ✭✭✭✭✭
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    Sion. wrote: »
    A+

    - Brought unemployment down from 12.1% to 8.1%

    - has the whole world buying US dollars and as a result the price of oil & gold has been plummeting

    - saved the US economy with the bailout of 2008 & the auto industry as well

    - pushing to have taxes raised

    - killed several dictators and worldwide terrorists (something his predecessor could not do)

    - ended the war & pulled the troops outta Iraq

    - created new programs & funding for small businesses

    - created many helpful incentives for people who were underwater on their mortgages


    Overall he WILL win a 2nd term and the next 4 years will be some of America's best years in a long time. Even if the economy gets worse he still saved the U.S. from a depression, brought back the auto industry and dropped unemployment significantly on a $15 trillion dollar economy. That sense of security in people's minds is more than enough to get people on board IF the economy gets worse.
    reaperbong wrote: »
    As Commander in Chief I give the man an A+. He made the right decisions that got OBL merked, the only war he entered into was won without us putting troops on the ground and while playing a support role to NATO, and he got us out of Iraq. Also I like his increased usage of armed UAV's to conduct strikes in Afghanistan/Pakistan.

    As President I give him a B+. He saved our auto industry, made good fiscal reforms and tightened regulation on wall street doing his best to turn around the economy. it will take time to see a full recovery and not much more could have been done to improve things in just 3 years considering the impact of globalization. if China was reporting better numbers and the EU wasn't in constant crises due to Greece, you best believe the US economy would be a different story right now. My major beef is his policies against medical (or otherwise) cannabis and his lack of action to change drug policy, if it wasn't for that I'd give the man an A. Hoping to see him turn a corner on drug policy in his second term.

    These.
  • Soloman_The_Wise
    Soloman_The_Wise Members Posts: 2,817 ✭✭✭✭✭
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    FYI all the numbers on unemployment are dramatically fudged they only drop to those lower levels when you take out the unemployed who have just given up on looking for work also the underemployed kats working at Micky D's with bachelors and masters also impact the real numbers on unemployment...
  • janklow
    janklow Members, Moderators Posts: 8,613 Regulator
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    Sion. wrote: »
    I don't know LOLOL, I considered Ghaddaffi a dictator of some sort according to the media.
    i consider Gaddafi to have been a dictator. i don't consider him to have been killed by the US.
    Sion. wrote: »
    I agree with part of what Im saying being conspiracy but iuno fam the Americans had jets flying over Libya and were freezing dude's assets and closing their embassies out there. I find it hard to believe that if they didn't have anything to do with Ghaddafi getting murked that they'd go to such lengths.
    well, for one thing, there's a difference between "the US supported overthrowing Gaddafi" and "the US KILLED Gaddafi." for another, it's not like the US was the only nation providing any support.

    plus, even if you say the US killed Gaddafi, that's one dictator. not dictators.
  • genocidecutter
    genocidecutter Members Posts: 17,825 ✭✭✭✭✭
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  • kingblaze84
    kingblaze84 Members Posts: 14,288 ✭✭✭✭✭
    edited June 2012
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    Sion. wrote: »
    @kingblaze

    Something that Obama also deserves credit for is with what's happening with the dollar strengthening and oil and gold plummeting (b/c of the dollar), the Europeans and the rest of the world are pulling their money out of equities and Europe and are dumping them in the only country stable and doing well the U.S. and the U.S. dollar.

    GDP growth rose 1.9 percent in the first quarter of 2012
    http://www.bea.gov/newsreleases/glance.htm

    2% is a lot btw, and that's only first quarter of the year. If that holds up it's possible that the U.S. GDP reaches 4-6% or even more. Even with Europe in shambles the U.S. is holding up quite well. Obama definitely deserves credit for that. Last time we even saw GDP go beyond 5% on a 15 trillion dollar economy was almost 10 years ago......

    The dollar is stable compared to the Euro these days but that doesn't say much, considering the cost of living in America is still high, and inflation is preventing many business owners from creating jobs these days. Only 69,000 jobs were created last month, and the recovery is weakening. All job data showed a revision downward after months of research.

    Obama isn't a horrible president, but far from a good one in my opinion. More jobs would have been created if Obama would mind his own ? business in state rights and let medicinal marijuana shops be open without fear of the feds shutting them down. Obama can stop this but he's a stubborn hard ass who can't think outside of the box. More state jobs would also be open if we stopped building things overseas and spending money on constant bloodshed that creates more enemies overseas, and instead spend that money here in America. Obama deserves far less than an A- man lol, there's a reason so many of his own supporters are abandoning him these days. Obama is better than Bush, but not by much. He's a failed president in my opinion. His only positive is that he's better than Romney, but even than, Obama hasn't shown America any change at all. Bush might as well still be president, what has seriously changed? Nothing!
  • kingblaze84
    kingblaze84 Members Posts: 14,288 ✭✭✭✭✭
    edited June 2012
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    FYI all the numbers on unemployment are dramatically fudged they only drop to those lower levels when you take out the unemployed who have just given up on looking for work also the underemployed kats working at Micky D's with bachelors and masters also impact the real numbers on unemployment...

    Exactly, just cuz some of us here are doing good doesn't mean most of the country is. Obama wants to be a ? cowboy like Bush and spend our tax dollars creating bloodshed all over the world, rather than spend money here in America and bail out states and cities nationwide. Obama shouldn't be surprised so many people don't wana ? with him anymore. He had the Senate and House of Reps for two years, and did almost everything the way Bush would have done it, LOL. Obama can't get any serious props from me anymore. I look at Obama fans and I always get a blank stare when I say, what has he done?? Everything he's done, minus the healthcare issue, are all things Bush would have done. He even ended the war in Iraq under Bush's timetable smh.....extended his tax cuts too, exploding the deficit. What a sad joke.
  • kingblaze84
    kingblaze84 Members Posts: 14,288 ✭✭✭✭✭
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    http://www.huffingtonpost.com/joseph-a-palermo/welcome-to-the-new-normal_b_1569151.html

    Progressives didn't expect Obama to do the heavy lifting in Washington without the power of a social movement behind him. But it was Obama's many "compromises" with the same people whose policies ruined the economy and destroyed the United States' reputation that reached a point where his base was no longer "Fired Up and Ready to Go." In 2010 the Democrats got walloped largely because Obama failed to keep his base mobilized going into the first midterm election he faced as president.

    And then there's the abject betrayal of Obama's supporters among civil libertarians who value the rule of law in the nation's anti-terrorism policies. Obama has normalized or expanded some of the worst excesses of executive power from the Bush-Cheney years. It's now "normal" for a president to assume the role of judge, jury, and executioner against any person deemed a "threat" to the realm: foreign nationals living anywhere in the world; U.S. citizens, their friends and relatives, passers-by, and associates; people who happen to be in the wrong place at the wrong time (like at an Afghan wedding party) -- all are considered "legitimate" targets for liquidation by the state at the Chief Executive's whim. The "? lists," the crackdown on whistleblowers like Pfc. Bradley Manning, a flourishing Guantanamo prison, and the National Defense Authorization Act's sanctioning of the throwing of U.S. citizens into the federal pen without due process are now normal fixtures of American life.

    This new normal, where Wall Street criminals go free and whistleblowers are prosecuted, has been brought to us by a Chief Executive whose political enemies call him the most radical left-wing socialist president in our history. Wall Street banks should be pouring money into Obama's reelection since he's been so good to them, and the neocons should be rejoicing in his establishing precedent for more unchecked executive power. And either next year or four years from now, when the Republicans get their guy back in the Oval Office, he'll be able to point to the Obama years as justifying an even greater expansion of presidential powers.

    --This article was written by a man who campaigned with Obama in person, what does that tell you?
  • Plutarch
    Plutarch Members Posts: 3,239 ✭✭✭✭✭
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    Lots of good points made here, but I think that a lot of people jump the gun when they want to assess Obama's tenure. 3 years is nothing. Sadly there are people who expected Obama to make a change just like that. But these things take time. And many obstacles get in the way. We won't truly know how great or bad Obama was as a president until probably decades from now.

    With that said, I'd give him a tentative B. I don't agree with his foreign policy and appeasements, but, like others have noted, he has made some progress, especially considering the obstacles standing in his way. He's also the coolest president, personality wise, since Clinton. I guess if I have to vote, I'd vote for him again.
  • Soloman_The_Wise
    Soloman_The_Wise Members Posts: 2,817 ✭✭✭✭✭
    edited June 2012
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    FYI all the numbers on unemployment are dramatically fudged they only drop to those lower levels when you take out the unemployed who have just given up on looking for work also the underemployed kats working at Micky D's with bachelors and masters also impact the real numbers on unemployment...

    Exactly, just cuz some of us here are doing good doesn't mean most of the country is. Obama wants to be a ? cowboy like Bush and spend our tax dollars creating bloodshed all over the world, rather than spend money here in America and bail out states and cities nationwide. Obama shouldn't be surprised so many people don't wana ? with him anymore. He had the Senate and House of Reps for two years, and did almost everything the way Bush would have done it, LOL. Obama can't get any serious props from me anymore. I look at Obama fans and I always get a blank stare when I say, what has he done?? Everything he's done, minus the healthcare issue, are all things Bush would have done. He even ended the war in Iraq under Bush's timetable smh.....extended his tax cuts too, exploding the deficit. What a sad joke.

    Honestly Obama and bush are two sides of the same coin Bush had horrible Popel skills Obama does not, that is the only difference I can see. Ron Paul >>>Obama>Romney...

    Sadly Paul has not a snowballs chance in hell as a 3rd party in this system...
  • janklow
    janklow Members, Moderators Posts: 8,613 Regulator
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    Plutarch wrote: »
    Lots of good points made here, but I think that a lot of people jump the gun when they want to assess Obama's tenure.
    here's the deal: he's still in office, so we shouldn't be spending a lot of time trying to rate his performance overall. give it time, people
  • kingblaze84
    kingblaze84 Members Posts: 14,288 ✭✭✭✭✭
    edited June 2012
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    Sion. wrote: »
    @Kingblaze

    Seems to me like you just dislike him for w/e reason. He is a good president and you will never realize how lucky you are that he came into power and saved you and your country from destruction. He's by far a better president than Bush. When Bush was in power people mocked and laughed at being American. At least with Obama he brings a certain degree of suave and class to the game.

    You can't deny all he's done for the U.S. but if you wanna jump on the "F Obama" bandwagon by all means.....

    I've always said Obama is better than Bush, but that doesn't say much when Obama is so much like him. His policies have more in common with Bush than it differentiates. He ended the Iraq War under Bush's terms. His policy on drugs is even more rigid than Bush's when it comes to marijuana, and as a proud marijuana smoker, Obama is clearly not on my side. Obama has cracked down extremely hard on medicinal marijuana shops, which doesn't make sense considering the bad economy and how even most Democrats in govt oppose the crackdown. Even in states where medicinal marijuana is legal, Obama still wants to be a ? and act like an ? .

    You want me to go on? Ok, he extended the Bush tax cuts, something which exploded the federal deficit. And don't get me started on the war on Afghanistan lol.......it's a wasteful, expensive war that's bankrupting the country, while cities and states fall apart. What the ? is this ? ?

    So um, why the flying ? should I be excited about Obama again? He's given me nothing to be excited about, he's a failed president until someone proves to me otherwise. Hope and change is dead, in America, it's every man for himself. Obama is more suave than Bush, but people in the Middle East hate America more than ever before. He has an even lower approval rating in the Middle East than even Bush ever had.......Obama is a failure in my eyes. He won't get my vote again bruh
  • kingblaze84
    kingblaze84 Members Posts: 14,288 ✭✭✭✭✭
    edited June 2012
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    FYI all the numbers on unemployment are dramatically fudged they only drop to those lower levels when you take out the unemployed who have just given up on looking for work also the underemployed kats working at Micky D's with bachelors and masters also impact the real numbers on unemployment...

    Exactly, just cuz some of us here are doing good doesn't mean most of the country is. Obama wants to be a ? cowboy like Bush and spend our tax dollars creating bloodshed all over the world, rather than spend money here in America and bail out states and cities nationwide. Obama shouldn't be surprised so many people don't wana ? with him anymore. He had the Senate and House of Reps for two years, and did almost everything the way Bush would have done it, LOL. Obama can't get any serious props from me anymore. I look at Obama fans and I always get a blank stare when I say, what has he done?? Everything he's done, minus the healthcare issue, are all things Bush would have done. He even ended the war in Iraq under Bush's timetable smh.....extended his tax cuts too, exploding the deficit. What a sad joke.

    Honestly Obama and bush are two sides of the same coin Bush had horrible Popel skills Obama does not, that is the only difference I can see. Ron Paul >>>Obama>Romney...

    Sadly Paul has not a snowballs chance in hell as a 3rd party in this system...

    Obama and Romney are pretty much the same candidate. Both support neverending ? wars, both love endless drones, both love the Bush tax cuts that are bankrupting the country, both suck Israel's ? , both hate medicinal marijuana, despite the many jobs it can and has created. The sad ? is I can go on and on.

    Man, ? Obama and ? Romney, they both can suck my ? . I could care less who wins the election btw the both of them, even if Obama is a tiny bit better than Romney, it's not by much. Damn, a shame this is the best America can do. America is so ? in the future it's not even funny.
  • kingblaze84
    kingblaze84 Members Posts: 14,288 ✭✭✭✭✭
    edited June 2012
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    Sion. wrote: »
    Sion. wrote: »
    @kingblaze

    Something that Obama also deserves credit for is with what's happening with the dollar strengthening and oil and gold plummeting (b/c of the dollar), the Europeans and the rest of the world are pulling their money out of equities and Europe and are dumping them in the only country stable and doing well the U.S. and the U.S. dollar.

    GDP growth rose 1.9 percent in the first quarter of 2012
    http://www.bea.gov/newsreleases/glance.htm

    2% is a lot btw, and that's only first quarter of the year. If that holds up it's possible that the U.S. GDP reaches 4-6% or even more. Even with Europe in shambles the U.S. is holding up quite well. Obama definitely deserves credit for that. Last time we even saw GDP go beyond 5% on a 15 trillion dollar economy was almost 10 years ago......

    The dollar is stable compared to the Euro these days but that doesn't say much, considering the cost of living in America is still high, and inflation is preventing many business owners from creating jobs these days. Only 69,000 jobs were created last month, and the recovery is weakening. All job data showed a revision downward after months of research.

    Obama isn't a horrible president, but far from a good one in my opinion. More jobs would have been created if Obama would mind his own ? business in state rights and let medicinal marijuana shops be open without fear of the feds shutting them down. Obama can stop this but he's a stubborn hard ass who can't think outside of the box. More state jobs would also be open if we stopped building things overseas and spending money on constant bloodshed that creates more enemies overseas, and instead spend that money here in America. Obama deserves far less than an A- man lol, there's a reason so many of his own supporters are abandoning him these days. Obama is better than Bush, but not by much. He's a failed president in my opinion. His only positive is that he's better than Romney, but even than, Obama hasn't shown America any change at all. Bush might as well still be president, what has seriously changed? Nothing!

    The bolded is not true. And the underlined is horse ? LOLOL. Buuuut I'll leave it alone.

    You don't think the recovery is weakening???? Are you serious man?? 69,000 jobs created, less than Feb and Jan, and you don't think the recovery is weakening??? Sion, you okay? Who hacked your sn??
  • Shuffington
    Shuffington Members Posts: 3,775 ✭✭✭✭✭
    edited June 2012
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    judging by the last 2 May months(10-11), the jobs created compared to prior months took a dip.... then there was an up tick in the summer and fall months. Its highly probable that this will ring true again.
  • Soloman_The_Wise
    Soloman_The_Wise Members Posts: 2,817 ✭✭✭✭✭
    edited June 2012
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    Sion. wrote: »
    Sion. wrote: »
    Sion. wrote: »
    @kingblaze

    Something that Obama also deserves credit for is with what's happening with the dollar strengthening and oil and gold plummeting (b/c of the dollar), the Europeans and the rest of the world are pulling their money out of equities and Europe and are dumping them in the only country stable and doing well the U.S. and the U.S. dollar.

    GDP growth rose 1.9 percent in the first quarter of 2012
    http://www.bea.gov/newsreleases/glance.htm

    2% is a lot btw, and that's only first quarter of the year. If that holds up it's possible that the U.S. GDP reaches 4-6% or even more. Even with Europe in shambles the U.S. is holding up quite well. Obama definitely deserves credit for that. Last time we even saw GDP go beyond 5% on a 15 trillion dollar economy was almost 10 years ago......

    The dollar is stable compared to the Euro these days but that doesn't say much, considering the cost of living in America is still high, and inflation is preventing many business owners from creating jobs these days. Only 69,000 jobs were created last month, and the recovery is weakening. All job data showed a revision downward after months of research.

    Obama isn't a horrible president, but far from a good one in my opinion. More jobs would have been created if Obama would mind his own ? business in state rights and let medicinal marijuana shops be open without fear of the feds shutting them down. Obama can stop this but he's a stubborn hard ass who can't think outside of the box. More state jobs would also be open if we stopped building things overseas and spending money on constant bloodshed that creates more enemies overseas, and instead spend that money here in America. Obama deserves far less than an A- man lol, there's a reason so many of his own supporters are abandoning him these days. Obama is better than Bush, but not by much. He's a failed president in my opinion. His only positive is that he's better than Romney, but even than, Obama hasn't shown America any change at all. Bush might as well still be president, what has seriously changed? Nothing!

    The bolded is not true. And the underlined is horse ? LOLOL. Buuuut I'll leave it alone.

    You don't think the recovery is weakening???? Are you serious man?? 69,000 jobs created, less than Feb and Jan, and you don't think the recovery is weakening??? Sion, you okay? Who hacked your sn??

    Bruh you gotta stop reading the tabloids & the huffington post and start read the Economist or Bloomberg LOLOL


    - unemployment down from 12.1% to 8.2%

    - has the whole world buying US dollars and as a result the price of oil & gold has been plummeting

    - housing market coming back and is recovering quite well

    - American corporations having record profits since the recession and many more stabilized

    - automobile companies such as GM & Ford having record sales increases

    - U.S. stock markets have finally covered the losses and then some sustained in 2008 with the Dow hitting 13k for the first time ever

    - U.S. banks are more capitalized and are in the best shape they've ever been in their histories, ? even the small regional banks are holding up good numbers.



    You said the dollar is stable to the Euro, you realize that there are countries that might leave the Euro and in doing so would crush and maybe even have the Euro eliminated for good right ? You also realize that everyone is pulling money out of Europe and buying up U.S. dollars right ?? Although highly debatable cost of living in the U.S. has gone down from what it was in the 50s. Back then a car was as big an investment as buying a house, now it's maaad common and 16 year olds are driving, but since most people are looking at more recent numbers b/c they never lived in those eras you might say it's higher. The dollar is cheaper too. Inflation right now or at any time in the last 4 years has not had any effect on hiring and 69k jobs created last month doesn't eliminate nor does it discredit the fact that unemployment is now 45% lower today than it was during the recession. THAT'S WHY I said it was horse ? LOLOL.

    Recoveries aren't perfect upscale roads, they have hits and bumps but overall the recovery is NOT weakening. Look at where we were in the recession and look at where we are today. A few years ago, everyone (you included) thought the U.S. was gonna collapse and we'd all be living like Mad Max having to grow crops n ? (those were your words I remember) LOLOL. You can't name one country outside the United States that has seen such a recovery and isn't in beat up condition.


    Aaannnnnd I just wanna say vote Barack Obama


    Regards,
    Sion.

    I do volunteer work helping Kats(mostly ex cons) find work those Numbers only reflect those collecting unemployment or ineligable for unemployment but applied. Actual Numbers for here in the US ewhen you factor in those that have given up looking are close to 13% if you count the underemployed the numbers hit 18% the medias deception is a spin tactic the economy is still severely hurting here in the United States. Politicians are Okey Doking you kats that will eat it up in this election year. It is sad that so many are so easily mislead and help further spread the propaganda. It oes nto matter either Romney or Obama the end results will be the smae and this ? is NOt all Georgies fault we were entering an economic downslope when Clinton left office and Bush did nothign to slow it down only sped it up with his ineptitude and war focus...
  • Soloman_The_Wise
    Soloman_The_Wise Members Posts: 2,817 ✭✭✭✭✭
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    At first glance, the latest jobs report for the month of April shows some promising signs: 115,000 jobs created and a lower official unemployment rate, albeit only by one-tenth of a percent. Unfortunately, things are not always what they seem and, in this instance, a closer look reveals something much different. Overshadowing April’s small job growth is the overwhelming number of Americans who have given up looking for work and dropped out of the labor force altogether. According to the numbers, 522,000 people simply gave up their job searches. Some grew tired and frustrated. Others perhaps decided to return to school or start retraining, in hope of following a new career path. No matter the reason, they are unemployed and therefore should be counted along with every other person without a job.

    Not so. Instead, the official unemployment rate treats this subset of Americans, totaling as many as 88 million people, as if they just vanished.

    Call it what is, an accounting gimmick intended to make the unemployment rate appear lower by purposely ignoring millions of Americans who should otherwise be listed as unemployed. Compared to the official unemployment rate of 8.1 percent, the civilian labor-participation rate now registers at 63.6 percent, its smallest size since the 1980s.

    Counting those not in the labor force, but who have indicated a desire to work would put the national unemployment rate somewhere around 11 percent. An alternative measure calculated by the Bureau of Labor Statistics, the U-5 rate, one of six measures calculated monthly that incorporates many of these individuals, reports a jobless rate of 9.5 percent.

    The U-5 rate specifically calculates those who are considered “marginally attached” to the workforce, meaning these individuals are not in the labor force, but are available and ready to work. Since these individuals are not recorded as looking for work in the weeks preceding the monthly jobs survey, they are not counted in the official unemployment rate.

    The fact that more Americans are dropping out of the workforce than new jobs are being created is troubling. At the same time, it is disingenuous for the White House to take credit for miscalculated job growth while millions of Americans are frustrated and discouraged to the point that they are giving up their job searches.

    Addressing this backslide in the labor force presents a significant policy challenge, but no less important is coming to the realization that these unemployed Americans are as much a part of this country as those who the federal government selectively counts and highlights each month when the official unemployment rate is announced.

    They deserve to be counted. And factoring them into the calculation should not be viewed as an attempt to perpetuate grandstanding or finger-pointing. The value is in the insight and understanding provided to policymakers, taxpayers and anyone else with a real interest in job creation and economic recovery, based on a reliable and honest assessment of the actual unemployment situation.

    Several months ago, I introduced H.R. 4128, the Real Unemployment Calculation Act in the House of Representatives. The legislation would force the Bureau of Labor Statistics to cite the current U-5 calculation - consisting of people marginally attached to the workforce - as the primary unemployment measurement of the federal government.

    Every administration and lawmaker has an obligation to be straightforward and truthful with the American people. Calling attention to a lower unemployment rate, knowing full well that millions of Americans are on the sidelines and going uncounted, is an attempt to mislead others on the conditions that most Americans know exist.

    Americans are always eager for the truth, no matter how hard it is to take. Continuing to distract and base policy on questionable or incomplete information is a disservice to every American, working or not, who is committed to a successful and prosperous future for themselves and the entire country.
  • kingblaze84
    kingblaze84 Members Posts: 14,288 ✭✭✭✭✭
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    Sion. wrote: »
    Sion. wrote: »
    Sion. wrote: »
    @kingblaze

    Something that Obama also deserves credit for is with what's happening with the dollar strengthening and oil and gold plummeting (b/c of the dollar), the Europeans and the rest of the world are pulling their money out of equities and Europe and are dumping them in the only country stable and doing well the U.S. and the U.S. dollar.

    GDP growth rose 1.9 percent in the first quarter of 2012
    http://www.bea.gov/newsreleases/glance.htm

    2% is a lot btw, and that's only first quarter of the year. If that holds up it's possible that the U.S. GDP reaches 4-6% or even more. Even with Europe in shambles the U.S. is holding up quite well. Obama definitely deserves credit for that. Last time we even saw GDP go beyond 5% on a 15 trillion dollar economy was almost 10 years ago......

    The dollar is stable compared to the Euro these days but that doesn't say much, considering the cost of living in America is still high, and inflation is preventing many business owners from creating jobs these days. Only 69,000 jobs were created last month, and the recovery is weakening. All job data showed a revision downward after months of research.

    Obama isn't a horrible president, but far from a good one in my opinion. More jobs would have been created if Obama would mind his own ? business in state rights and let medicinal marijuana shops be open without fear of the feds shutting them down. Obama can stop this but he's a stubborn hard ass who can't think outside of the box. More state jobs would also be open if we stopped building things overseas and spending money on constant bloodshed that creates more enemies overseas, and instead spend that money here in America. Obama deserves far less than an A- man lol, there's a reason so many of his own supporters are abandoning him these days. Obama is better than Bush, but not by much. He's a failed president in my opinion. His only positive is that he's better than Romney, but even than, Obama hasn't shown America any change at all. Bush might as well still be president, what has seriously changed? Nothing!

    The bolded is not true. And the underlined is horse ? LOLOL. Buuuut I'll leave it alone.

    You don't think the recovery is weakening???? Are you serious man?? 69,000 jobs created, less than Feb and Jan, and you don't think the recovery is weakening??? Sion, you okay? Who hacked your sn??

    Bruh you gotta stop reading the tabloids & the huffington post and start read the Economist or Bloomberg LOLOL


    - unemployment down from 12.1% to 8.2%

    - has the whole world buying US dollars and as a result the price of oil & gold has been plummeting

    - housing market coming back and is recovering quite well

    - American corporations having record profits since the recession and many more stabilized

    - automobile companies such as GM & Ford having record sales increases

    - U.S. stock markets have finally covered the losses and then some sustained in 2008 with the Dow hitting 13k for the first time ever

    - U.S. banks are more capitalized and are in the best shape they've ever been in their histories, ? even the small regional banks are holding up good numbers.



    You said the dollar is stable to the Euro, you realize that there are countries that might leave the Euro and in doing so would crush and maybe even have the Euro eliminated for good right ? You also realize that everyone is pulling money out of Europe and buying up U.S. dollars right ?? Although highly debatable cost of living in the U.S. has gone down from what it was in the 50s. Back then a car was as big an investment as buying a house, now it's maaad common and 16 year olds are driving, but since most people are looking at more recent numbers b/c they never lived in those eras you might say it's higher. The dollar is cheaper too. Inflation right now or at any time in the last 4 years has not had any effect on hiring and 69k jobs created last month doesn't eliminate nor does it discredit the fact that unemployment is now 45% lower today than it was during the recession. THAT'S WHY I said it was horse ? LOLOL.

    Recoveries aren't perfect upscale roads, they have hits and bumps but overall the recovery is NOT weakening. Look at where we were in the recession and look at where we are today. A few years ago, everyone (you included) thought the U.S. was gonna collapse and we'd all be living like Mad Max having to grow crops n ? (those were your words I remember) LOLOL. You can't name one country outside the United States that has seen such a recovery and isn't in beat up condition.


    Aaannnnnd I just wanna say vote Barack Obama


    Regards,
    Sion.

    Whoa, I never said America would be so bad in a few years we'd be living like Mad Max lol, what I said is there's potential for us to live like that, and many Americans already are. America is still on the wrong track overall, the only reason the economy hasn't fallen off a cliff (yet) is because of monopoly money. The govt is printing dollars like there's no tmw, and luckily, investors don't seem to mind the huge debt yet. But there will be a day when this monstrous debt will eat us alive, and thanks to inflation, it slowly is already. Ask the avg American how they feel about the cost of living these days, it's outrageous. And how can you possibly say inflation hasn't had an effect on hiring??!!!

    Hiring is very expensive compared to years past, and guess what? Most new jobs being created are in low wage industries, check out the jobs reports for the past year. In fact, just check out this report from CNN.com and come back to me.......

    http://www.cnn.com/2012/06/05/opinion/etzioni-economy-deadlines/index.html

    Washington (CNN) -- You do not have to be an investor in the stock market or real estate or looking for a job to be alarmed when several highly regarded observers warn that the United States economy is about to be driven "off the cliff" by increasing debt, the expiration of tax cuts and the prospect of deep spending cuts.

    The alarm should concern anyone who cares about our democratic system.

    The reason we are getting awfully close to the edge is because the Democrats and Republicans are inclined to pull the steering wheel in opposite directions. Granted, alarms are often sounded, but as we shall see shortly, this time there are strong reasons to fear that our gridlocked political system will prevent us from responding before we go over the edge.

    The most authoritative voice speaking out this time is that of Ben Bernanke, the chairman of the Federal Reserve. He stated recently that, "It is very important to say that if no action were to be taken by the fiscal authorities, the size of the fiscal cliff is such that there is, I think, absolutely no chance that the Federal Reserve could or would have any ability whatsoever to offset that effect on the economy."
  • kingblaze84
    kingblaze84 Members Posts: 14,288 ✭✭✭✭✭
    edited June 2012
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    Sion B, what's gonna happen when the monopoly money is put to a screeching halt? What's gonna happen than? Spending countless money in foreign countries and on losing wars while extending stupid deficit exploding tax cuts for the rich isn't very smart. Look at this other report if you really believe the economic recovery isn't weakening.....69,000 jobs last month dog, 69,000

    http://money.cnn.com/2012/06/05/news/companies/hyundai--montgomery-alabama-jobs/index.htm?iid=HP_Highlight

    ATLANTA (CNNMoney) -- When Hyundai announced in April it was planning to bring hundreds of new jobs to Montgomery, Ala., the news was met with excitement by local officials eager to boost the flagging economy.

    But the reaction from job seekers has been nothing less than overwhelming.

    Almost 22,000 applicants met the June 2 deadline to file online for 877 new jobs coming to Hyundai's assembly plant. The jobs would add a third shift and bring the total job tally at the facility to more than 3,000.
  • janklow
    janklow Members, Moderators Posts: 8,613 Regulator
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    Whoa, I never said America would be so bad in a few years we'd be living like Mad Max
    so i've got all these guns and dune buggies for nothing? lame

  • kingblaze84
    kingblaze84 Members Posts: 14,288 ✭✭✭✭✭
    edited June 2012
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    Sion. wrote: »
    Ugghhh alright u guys win LOLOLOLOLOLOLOL. This is getting redundant, better if we let time be the dictator of what happens LOLOL.

    Anyways vote OBAMA !

    LOL........hey what can I say, I'm a good debater. I rarely lose debates, not including sports debates lately, all my basketball teams have been losing in the playoffs minus the Heat.

    Won't vote for Obama though, sorry! Try to find some good arguments supporting endless wars without serious change from Bush's years and get back to me homie = )