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Jobless Claims 187,000

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Comments

  • TurdBomber
    TurdBomber Member Posts: 20,056 Standard Supporter
    Bob_C said:

    Bob_C said:

    Losers I say. Fucking losers

    Something about daddy
    Retail sales are good though.
    People keep buying food
    On credit.
    Credit card debt is once again at an all-time high.

    Tends to happen in a weak economy.
  • Fenderbender123
    Fenderbender123 Member Posts: 2,989
    HuskyBuck said:

    Sooooo you're saying this is bad news?

    It's not necessarily bad news. It's just that this statistic is 100% completely worthless in terms of measuring economic improvement. At least, that was what the Democrats said during the GWB admin. Should we not have listened to them? Were they full of shit then? Or are they full of shit now?
  • HHusky
    HHusky Member Posts: 24,468

    HuskyBuck said:

    Sooooo you're saying this is bad news?

    It's not necessarily bad news. It's just that this statistic is 100% completely worthless in terms of measuring economic improvement. At least, that was what the Democrats said during the GWB admin. Should we not have listened to them? Were they full of shit then? Or are they full of shit now?
    Fender once saw his political opposites saying something stupid about the economy. Now he has questions about whether stupid still equals stupid.
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,652 Founders Club

    HuskyBuck said:

    Sooooo you're saying this is bad news?

    It's not necessarily bad news. It's just that this statistic is 100% completely worthless in terms of measuring economic improvement. At least, that was what the Democrats said during the GWB admin. Should we not have listened to them? Were they full of shit then? Or are they full of shit now?
    I 100% agree with you Fender. When Trump got that unemployment rate to 3.5, I was also defending this metric on that end. But i'll also defend it now from peeps who were praising it when Trump was president then and who are magically dismissing it now.
  • HHusky
    HHusky Member Posts: 24,468

    HuskyBuck said:

    HuskyBuck said:

    Sooooo you're saying this is bad news?

    It's not necessarily bad news. It's just that this statistic is 100% completely worthless in terms of measuring economic improvement. At least, that was what the Democrats said during the GWB admin. Should we not have listened to them? Were they full of shit then? Or are they full of shit now?
    I 100% agree with you Fender. When Trump got that unemployment rate to 3.5, I was also defending this metric on that end. But i'll also defend it now from peeps who were praising it when Trump was president then and who are magically dismissing it now.
    All the other economic metrics were also showing a strong economy with real wage growth for private sector working Americans before March 2020. The current economic metrics now suck for working Americans. These metrics are what you and the dazzler choose to ignore or you are to stupid to understand them. You leftards own the blue state and blue city lockdowns that put 20 million Americans out of work, shut down public schools for a year plus along with the vaccine passports, mask and vaxx mandates.
    Real wages have grown year over year almost without interruption for the entirety of the 21st Century so far. Obviously we need to get Daddy back in office because of the spectacular job he did in not fucking that up. We're in a labor shortage, Gasbag, with an economy that is doing too well to suit the Fed. There are losers (Daddy voters) though, in any economy.
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,652 Founders Club
    Here's a thought....if they have to tap into their retirement accounts to get Sugar Bowl tix.....maybe they shouldn't go?? If you're making dumb decisions like this, that explains why you're financially strapped?? You think? What other dumb decisions are you making?
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,652 Founders Club
    Bob_C said:

    Bob_C said:

    Losers I say. Fucking losers

    Something about daddy
    Retail sales are good though.
    People keep buying food
    On credit.
    Because they're pulling money from their retirement accounts to go to the Sugar Bowl according to the dumb as dirt Oregon fan. Those are the dumb decisions putting them in that predicament.

    Bob you seem like you have your finances in order, are you racking up high credit card bills or pulling from your retirement account to do this stuff?
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,652 Founders Club

    HuskyBuck said:

    HuskyBuck said:

    Sooooo you're saying this is bad news?

    It's not necessarily bad news. It's just that this statistic is 100% completely worthless in terms of measuring economic improvement. At least, that was what the Democrats said during the GWB admin. Should we not have listened to them? Were they full of shit then? Or are they full of shit now?
    I 100% agree with you Fender. When Trump got that unemployment rate to 3.5, I was also defending this metric on that end. But i'll also defend it now from peeps who were praising it when Trump was president then and who are magically dismissing it now.
    All the other economic metrics were also showing a strong economy with real wage growth for private sector working Americans before March 2020. The current economic metrics now suck for working Americans. These metrics are what you and the dazzler choose to ignore or you are to stupid to understand them. You leftards own the blue state and blue city lockdowns that put 20 million Americans out of work, shut down public schools for a year plus along with the vaccine passports, mask and vaxx mandates.
    What other metrics? Present what they were and what they are now.
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,652 Founders Club
    edited January 2024

    Labor participation rate is still down since January 2020 and not trending well. Couldn't find a chart on the Sugar Bowl participation rate which is the gold standard of course for the status of the economy.


    Same game as under Obama.

    The unemployment rate is so low! If you don't count all the people who are long term unemployed.
    So is Labor Participation up since January 2021? According to that chart it looks like its trending upwards just like it was doing under Trump.

    Here's what Labor Participation rate did from when Trump was in office, to Janurary 2020 which was right before pandemic hit

    Trump:
    Jan 2017. - 62.8
    Jan 2020 - 63.3

    Biden:
    Jan 2021 - 61.5
    Now - 62.5


    This is why I call you Oregon fans dumb as dirt. You can't intrepret a chart.