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Good on the Washington Post
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Michael Press
Dec 8, 2016, 3:20:05 AM12/8/16
to
Washington Post now acknowledges what they have been told
the last few years.
| Most metrics suggest the U.S. economy has snapped back
| substantially since the recession. In November, the U.S.
| unemployment rate fell to 4.6 percent, a level not seen since
| August 2007. The economy has created an average of 180,000 jobs a
| month so far this year, far above what’s necessary to keep the
| unemployment rate stable.
|
| But it’s often the quality, not the quantity, of the jobs that is
| in question.
|
| Many Americans are still cobbling together a living with one or
| several part-time jobs. Overall, the number of people working
| part-time has risen 9.1 percent from 2002 to 2016, and now totals
| 26.4 million, according to government data cited by Golden.
--
Michael Press
the last few years.
| Most metrics suggest the U.S. economy has snapped back
| substantially since the recession. In November, the U.S.
| unemployment rate fell to 4.6 percent, a level not seen since
| August 2007. The economy has created an average of 180,000 jobs a
| month so far this year, far above what’s necessary to keep the
| unemployment rate stable.
|
| But it’s often the quality, not the quantity, of the jobs that is
| in question.
|
| Many Americans are still cobbling together a living with one or
| several part-time jobs. Overall, the number of people working
| part-time has risen 9.1 percent from 2002 to 2016, and now totals
| 26.4 million, according to government data cited by Golden.
--
Michael Press
Con Reeder, unhyphenated American
Dec 8, 2016, 6:23:36 AM12/8/16
to
noticing how anemic job growth is and the poor quality of the jobs.
--
Please use the comments to demonstrate your own ignorance,
unfamiliarity with empirical data, ability to repeat discredited
memes, and lack of respect for scientific knowledge. Also, be sure to
create straw men and argue against things I have neither said nor even
implied. Any irrelevancies you can mention will also be appreciated.
Lastly, kindly forgo all civility in your discourse . . . you are,
after all, anonymous. -- Barry Ritholtz
dotsla...@gmail.com
Dec 8, 2016, 9:27:49 AM12/8/16
to
No, con. Go back and read what they actually said. And your attempt to make this a timing issue is laughable given obama is still in office.
Cheers.
Cheers.
Con Reeder, unhyphenated American
Dec 8, 2016, 10:18:59 AM12/8/16
to
On 2016-12-08, dotsla...@gmail.com <dotsla...@gmail.com> wrote:
> No, con. Go back and read what they actually said. And your attempt to
> make this a timing issue is laughable given obama is still in office.
Don't you know that all the period up to now has been Bush's fault, and
> No, con. Go back and read what they actually said. And your attempt to
> make this a timing issue is laughable given obama is still in office.
now it all is Trump's fault? Get with the program.
And if you can't see the change in tenor of coverage, you are blind.
What's really neat is that most of the general public is just shaking
their heads and mocking the media.
--
Experience is what allows you to recognize a mistake the second
time you make it. -- unknown
dotsla...@gmail.com
Dec 8, 2016, 1:56:05 PM12/8/16
to
How did you get the "anemic job growth" stuff from what was actually said?
Nobody in the media is trying to pin anything related to q3 economic growth on trump, even if there is laughing and head shaking from some subset of people that certainly aren't "most".
You seem to be reading this election as some affirmation of winger policy. That's not what I see - I see a ton of midwestern voters who have been dutifully pulling the labor / D lever for decades, while also watching good manufacturing jobs go overseas, "replaced" by low paying service jobs, who reached their boiling point and said enough.
And a lot of what mia says - hillary was an unusually unpalatable candidate.
You do follow non-partisan issue polling, right? Like, you're aware that most of the country has been and continues to move left on social policy like teh failed drug war and gay marriage? And while most people want reduced spending and less regulation, that isn't the same as wanting to privitize SS, medicare, medicaid - reduce food stamps, end WIC, etc.
This country is left on social issues including a robust safety net, right on spending and free markets, and pretty split on states rights (vs federal oversight), defense, and foreign policy. At least, that's my read.
Maybe it's impossible to reconcile those stances...
Cheers.
Nobody in the media is trying to pin anything related to q3 economic growth on trump, even if there is laughing and head shaking from some subset of people that certainly aren't "most".
You seem to be reading this election as some affirmation of winger policy. That's not what I see - I see a ton of midwestern voters who have been dutifully pulling the labor / D lever for decades, while also watching good manufacturing jobs go overseas, "replaced" by low paying service jobs, who reached their boiling point and said enough.
And a lot of what mia says - hillary was an unusually unpalatable candidate.
You do follow non-partisan issue polling, right? Like, you're aware that most of the country has been and continues to move left on social policy like teh failed drug war and gay marriage? And while most people want reduced spending and less regulation, that isn't the same as wanting to privitize SS, medicare, medicaid - reduce food stamps, end WIC, etc.
This country is left on social issues including a robust safety net, right on spending and free markets, and pretty split on states rights (vs federal oversight), defense, and foreign policy. At least, that's my read.
Maybe it's impossible to reconcile those stances...
Cheers.
Con Reeder, unhyphenated American
Dec 8, 2016, 3:56:12 PM12/8/16
to
> How did you get the "anemic job growth" stuff from what was actually said?
>
> Nobody in the media is trying to pin anything related to q3 economic growth on trump, even if there is laughing and head shaking from some subset of people that certainly aren't "most".
>
> You seem to be reading this election as some affirmation of winger policy.
Where does that come from? I am talking about media cant.
>
> Nobody in the media is trying to pin anything related to q3 economic growth on trump, even if there is laughing and head shaking from some subset of people that certainly aren't "most".
>
> You seem to be reading this election as some affirmation of winger policy.
> That's not what I see - I see a ton of midwestern voters who have been
> dutifully pulling the labor / D lever for decades, while also watching
> good manufacturing jobs go overseas, "replaced" by low paying service
> jobs, who reached their boiling point and said enough.
back to Pittsburgh!"
This unemployment is mostly structural. I guess you've missed where
I have repeatedly brought up Tyler Cowen's work in that regard.
But if you actively work at suppressing what decent jobs there are,
i.e. in the oil and gas and coal industry, in construction of
pipelines, and increase overhead and regulation and spend money on
government worker pensions instead of cutting deadweight and
investing in infrastructure or tax cuts, you bear responsibility for
that part of it. Growth has been slow under Obama, and that is
a fact.
>
> And a lot of what mia says - hillary was an unusually unpalatable candidate.
>
> You do follow non-partisan issue polling, right? Like, you're aware
> that most of the country has been and continues to move left on social
> policy like teh failed drug war and gay marriage? And while most
> people want reduced spending and less regulation, that isn't the same
> as wanting to privitize SS, medicare, medicaid - reduce food stamps,
> end WIC, etc.
>
> This country is left on social issues including a robust safety net,
> right on spending and free markets, and pretty split on states rights
> (vs federal oversight), defense, and foreign policy. At least, that's
> my read.
people understand you can't just give free stuff a way or you end up
with Venezuela, Greece, and slow-burn cousins like Italy and Spain.
They also understand at some level that this leftward cant, reduced
marriage rate and the according reduction in birth rate guts their
societies.
> Maybe it's impossible to reconcile those stances...
But again, this isn't the question. The question at hand is
the media slowly turning their attention to job mix, the same
trends that were going on in spades in the Obama administration.
Things are likely to get better with the right's policies, but you
won't know it from the Washington Post.
--
Alas for those who never sing, but die with all their music in them.
-- Oliver Wendell Holmes, Sr.
Eric Ramon
Dec 8, 2016, 4:35:35 PM12/8/16
to
On Thursday, December 8, 2016 at 7:18:59 AM UTC-8, Con Reeder, unhyphenated American wrote:
>
> Don't you know that all the period up to now has been Bush's fault, and
> now it all is Trump's fault? Get with the program.
>
partisan fighting is, if you'll excuse me, stupid. Wingers said no terrorist attacks happened while Bush was President. Wingers said 9/11 was Clinton's fault.
>
> Don't you know that all the period up to now has been Bush's fault, and
> now it all is Trump's fault? Get with the program.
>
I have to laugh at both sides when they pull this sort of thing.
However, looking at wikipedia's list of recessions we see these dates (and I'll add who was in office...at least the Presidency) since the Depression
"Great Depression" 1929-1933 - Republican
1937-38 - Democrat
1945 - Democrat
1949 - Democrat
1953 - Republican
1958 - Republican
1960-61 - Republican (Kennedy took over in Jan., this lists end of recession in Feb.)
1969-70 - Republican
1973-75 - Republican
1980 - Democrat
1981-82 - Republican
1990-1991 - Republican
2001 - Republican
2007-2009 - Republican (Obama in Jan., ended in June)
That's pretty heavy on the Republican side. I suppose, though, that the Democrats caused them all, right?
JGibson
Dec 8, 2016, 4:52:43 PM12/8/16
to
On Thursday, December 8, 2016 at 4:35:35 PM UTC-5, Eric Ramon wrote:
> On Thursday, December 8, 2016 at 7:18:59 AM UTC-8, Con Reeder, unhyphenated American wrote:
> >
> > Don't you know that all the period up to now has been Bush's fault, and
> > now it all is Trump's fault? Get with the program.
> >
>
> partisan fighting is, if you'll excuse me, stupid. Wingers said no terrorist attacks happened while Bush was President. Wingers said 9/11 was Clinton's fault.
>
My favorite is when wingers blame Clinton for Ruby Ridge.
> On Thursday, December 8, 2016 at 7:18:59 AM UTC-8, Con Reeder, unhyphenated American wrote:
> >
> > Don't you know that all the period up to now has been Bush's fault, and
> > now it all is Trump's fault? Get with the program.
> >
>
> partisan fighting is, if you'll excuse me, stupid. Wingers said no terrorist attacks happened while Bush was President. Wingers said 9/11 was Clinton's fault.
>
Ken Olson
Dec 8, 2016, 5:57:15 PM12/8/16
to
On 12/8/2016 4:35 PM, Eric Ramon wrote:
> On Thursday, December 8, 2016 at 7:18:59 AM UTC-8, Con Reeder, unhyphenated American wrote:
>>
>> Don't you know that all the period up to now has been Bush's fault, and
>> now it all is Trump's fault? Get with the program.
>>
>
> partisan fighting is, if you'll excuse me, stupid. Wingers said no terrorist attacks happened while Bush was President. Wingers said 9/11 was Clinton's fault.
>
I'll agree with the last sentence, but not the one before it.
> On Thursday, December 8, 2016 at 7:18:59 AM UTC-8, Con Reeder, unhyphenated American wrote:
>>
>> Don't you know that all the period up to now has been Bush's fault, and
>> now it all is Trump's fault? Get with the program.
>>
>
> partisan fighting is, if you'll excuse me, stupid. Wingers said no terrorist attacks happened while Bush was President. Wingers said 9/11 was Clinton's fault.
>
Con Reeder, unhyphenated American
Dec 9, 2016, 1:57:43 AM12/9/16
to
for a recession? Recessions are a natural part of the economic cycle.
What I blame Obama for is a tepid "recovery".
`
--
How far can you open your
mind before your brains
fall out?
Irish Ranger
Dec 9, 2016, 2:11:48 AM12/9/16
to
On Thursday, December 8, 2016 at 3:20:05 AM UTC-5, Michael Press wrote:
> Washington Post now acknowledges what they have been told
> the last few years.
>
> | Most metrics suggest the U.S. economy has snapped back
> | substantially since the recession. In November, the U.S.
> | unemployment rate fell to 4.6 percent, a level not seen since
> | August 2007.
Because America has the lowest labor participation rate in 30 years. Tens of millions of Americans
> Washington Post now acknowledges what they have been told
> the last few years.
>
> | Most metrics suggest the U.S. economy has snapped back
> | substantially since the recession. In November, the U.S.
> | unemployment rate fell to 4.6 percent, a level not seen since
> | August 2007.
just gave up and quit looking for work.
The economy has created an average of 180,000 jobs a
> | month so far this year, far above what’s necessary to keep the
> | unemployment rate stable.
workers in manufacturing jobs. Compared to 22 million in government jobs.
> |
> | But it’s often the quality, not the quantity, of the jobs that is
> | in question.
> |
> | Many Americans are still cobbling together a living with one or
> | several part-time jobs. Overall, the number of people working
> | part-time has risen 9.1 percent from 2002 to 2016, and now totals
> | 26.4 million, according to government data cited by Golden.
lowest home ownership rate in 51 years and the average American family is
carrying more debt today than they were in 2008 when the economy collapsed.
Not to mention that Obama doubled the national debt to $20 trillion dollars.
Irish Mike
J. Hugh Sullivan
Dec 9, 2016, 6:42:54 AM12/9/16
to
On Thu, 8 Dec 2016 10:56:03 -0800 (PST), dotsla...@gmail.com
wrote:
>You do follow non-partisan issue polling, right? Like, you're aware that m=
>ost of the country has been and continues to move left on social policy lik=
fiscally irresponsible people?
Hugh
wrote:
>You do follow non-partisan issue polling, right? Like, you're aware that m=
>ost of the country has been and continues to move left on social policy lik=
>e teh failed drug war and gay marriage?
What other course is open for incompetent, worthless, immoral,
fiscally irresponsible people?
Hugh
J. Hugh Sullivan
Dec 9, 2016, 6:46:39 AM12/9/16
to
Republicans can't straighten them out.
Once entrenched the socialistic stupidity of Democrats starting with
LBJ is impossible to completely everse.
Hugh
Damon Hynes, Cyclone Ranger
Dec 9, 2016, 7:31:43 AM12/9/16
to
Correct. Blame Pelosi and Reid for the recession.
dotsla...@gmail.com
Dec 9, 2016, 9:44:28 AM12/9/16
to
Lol. So the repubs run scotus, potus, and cotus from 2001-2007, the economy starts to collapse almost immediately after, and you still want to lay it at the feet of the Ds.
This is why the "well at least they really own the whole dang thing now" people on the left are delusional. It doesn't matter. A huge percentage of folks on the right are pathological incapable of owning their vote, or what the folks they vote for do.
They could run everything for the next two decades, culminating in a species ending nuclear armageddon, and the last thought going through every republicans mind would be something like "clinton kicked this whole damn thing off in the 90s".
Cheers. Happy friday.
This is why the "well at least they really own the whole dang thing now" people on the left are delusional. It doesn't matter. A huge percentage of folks on the right are pathological incapable of owning their vote, or what the folks they vote for do.
They could run everything for the next two decades, culminating in a species ending nuclear armageddon, and the last thought going through every republicans mind would be something like "clinton kicked this whole damn thing off in the 90s".
Cheers. Happy friday.
Futbol Phan
Dec 9, 2016, 12:29:33 PM12/9/16
to
grant
Dec 10, 2016, 4:40:16 PM12/10/16
to
On Fri, 9 Dec 2016 06:44:25 -0800 (PST), dotsla...@gmail.com
wrote:
If you go research the cause of the housing meltdown, you will find
that Clinton as well as othe democrats were hugely responsible.
paraphrasing -
At Clinton's direction,10 federal agencies issued an ultimatum to
banks and mortgage lenders to ease credit for lower-income minorities
or face investigations for lending discrimination. They also were
threatened with denial of access to secondary mortgage market and
fines. The"Policy Statement on Discrimination in Lending" entered into
the Federal Register on April 15, 1994, by the Interagency Task Force
on Fair Lending. Clinton set up the body to coordinate an
unprecedented crackdown on alleged bank redlining.Confronted with the
combined force of 10 federal regulators, lenders toed the line, and
were soon aggressively marketing subprime mortgages in urban area and
ignoring prudent lending practices. HUD also pushed Fannie and
Freddie, which in effect set industry underwriting standards, to buy
subprime mortgages, freeing lenders to originate even more high-risk
loans."Lenders should ensure that their loan processors and
underwriters are aware of the provisions of the secondary market
guidelines that provide various alternative and flexible means by
which applicants may demonstrate their ability and willingness to
repay their loans," the policy statement decreed.It warned lenders who
rejected minority applicants with high debt ratios and low credit
scores to "be prepared" to prove to federal regulators and prosecutors
they weren't racist. "The Department of Justice is authorized to use
the full range of its enforcement authority." It took a little more
than a decade for the negative effects of the assault on prudent
lending to be felt. By 2006, the shaky subprime mortgages began to
default. In 2008, the bubble exploded.
John McCain and others tried to rein in Fannie Mae and Freedie Mac and
warned, and it's in the Congressional record, of the huge consequences
if things continued.
McCain stated "If Congress does not act, American taxpayers will
continue to be exposed to the enormous risk that Fannie Mae and
Freddie Mac pose to the housing market, the overall financial system,
and the economy as a whole." Legisation was introduced, and in
committees every republican voted for reform, every democrat opposed
reform, and reform was blocked.
Here's one interesting history
http://www.americanthinker.com/articles/2008/10/what_really_happened_in_the_mo.html
wrote:
that Clinton as well as othe democrats were hugely responsible.
paraphrasing -
At Clinton's direction,10 federal agencies issued an ultimatum to
banks and mortgage lenders to ease credit for lower-income minorities
or face investigations for lending discrimination. They also were
threatened with denial of access to secondary mortgage market and
fines. The"Policy Statement on Discrimination in Lending" entered into
the Federal Register on April 15, 1994, by the Interagency Task Force
on Fair Lending. Clinton set up the body to coordinate an
unprecedented crackdown on alleged bank redlining.Confronted with the
combined force of 10 federal regulators, lenders toed the line, and
were soon aggressively marketing subprime mortgages in urban area and
ignoring prudent lending practices. HUD also pushed Fannie and
Freddie, which in effect set industry underwriting standards, to buy
subprime mortgages, freeing lenders to originate even more high-risk
loans."Lenders should ensure that their loan processors and
underwriters are aware of the provisions of the secondary market
guidelines that provide various alternative and flexible means by
which applicants may demonstrate their ability and willingness to
repay their loans," the policy statement decreed.It warned lenders who
rejected minority applicants with high debt ratios and low credit
scores to "be prepared" to prove to federal regulators and prosecutors
they weren't racist. "The Department of Justice is authorized to use
the full range of its enforcement authority." It took a little more
than a decade for the negative effects of the assault on prudent
lending to be felt. By 2006, the shaky subprime mortgages began to
default. In 2008, the bubble exploded.
John McCain and others tried to rein in Fannie Mae and Freedie Mac and
warned, and it's in the Congressional record, of the huge consequences
if things continued.
McCain stated "If Congress does not act, American taxpayers will
continue to be exposed to the enormous risk that Fannie Mae and
Freddie Mac pose to the housing market, the overall financial system,
and the economy as a whole." Legisation was introduced, and in
committees every republican voted for reform, every democrat opposed
reform, and reform was blocked.
Here's one interesting history
http://www.americanthinker.com/articles/2008/10/what_really_happened_in_the_mo.html
shiite
Dec 10, 2016, 6:21:29 PM12/10/16
to
On Saturday, December 10, 2016 at 3:40:16 PM UTC-6, grant wrote:
(HUD underwriting guidelines)
A practice by creditors in which a borrower's high debt ratios and low credit scores are used as excuses to downgrade creditworthiness. This is to be regarded as a serious moral failure in view of the backing of the economy of the entire world and of financial companies too big to fail.
(HUD underwriting guidelines)
>"Lenders should ensure that their loan processors and
> underwriters are aware of the provisions of the secondary market
> guidelines that provide various alternative and flexible means by
> which applicants may demonstrate their ability and willingness to
> repay their loans," the policy statement decreed.It warned lenders who
> rejected minority applicants with high debt ratios and low credit
> scores to "be prepared" to prove to federal regulators and prosecutors
> they weren't racist. "The Department of Justice is authorized to use
> the full range of its enforcement authority."
From the Progressive Dictionary: racism n.
> underwriters are aware of the provisions of the secondary market
> guidelines that provide various alternative and flexible means by
> which applicants may demonstrate their ability and willingness to
> repay their loans," the policy statement decreed.It warned lenders who
> rejected minority applicants with high debt ratios and low credit
> scores to "be prepared" to prove to federal regulators and prosecutors
> they weren't racist. "The Department of Justice is authorized to use
> the full range of its enforcement authority."
A practice by creditors in which a borrower's high debt ratios and low credit scores are used as excuses to downgrade creditworthiness. This is to be regarded as a serious moral failure in view of the backing of the economy of the entire world and of financial companies too big to fail.
Con Reeder, unhyphenated American
Dec 11, 2016, 8:59:01 AM12/11/16
to
http://bit.ly/2hlwpj3
--
Opportunity is missed by most people because it is dressed in
overalls and looks like work. -- Thomas Edison
shiite
Dec 11, 2016, 11:08:35 AM12/11/16
to
Stimulus: Voter ID
Progressive reaction: "RACISTS! African-Americans don't have internet, cell phones, understanding of technology. We progressives bring understanding and sympathy to the table."
African-American response: "We have cell phones, internet, and the ability to obtain IDs. We resent being broad brushed as ignorant."
Progressive reaction: "These people are so ignorant, they don't know how oppressed they are."
dotsla...@gmail.com
Dec 11, 2016, 11:24:41 AM12/11/16
to
Nice retcon. Way to frame the conversation. I think you're, like, totally being fair in your "progressive" portrayal.
Here's another version:
Progressive: holy shit, conservatives really tipped their hand here:
https://www.google.com/amp/www.theatlantic.com/amp/article/493649/?client=ms-android-att-us
Anyone not congenitally dumbassed, regardless of race or creed: yeah, that's racist as hell.
Cheers.
Here's another version:
Progressive: holy shit, conservatives really tipped their hand here:
https://www.google.com/amp/www.theatlantic.com/amp/article/493649/?client=ms-android-att-us
Anyone not congenitally dumbassed, regardless of race or creed: yeah, that's racist as hell.
Cheers.
shiite
Dec 11, 2016, 12:57:53 PM12/11/16
to
dotsla...@gmail.com
Dec 11, 2016, 2:07:42 PM12/11/16
to
RIF. You misidentified the congenitally dumbassed. Which is super ironic, or something.
Cheers.
Cheers.
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