User Profile: RNM

RNM

Member Since: June 29, 2011

Comments

123 To page: Go
  • September 4, 2015 at 1:54pm

    Horsecrap! Do some research… 261,000 are no longer counted as PARTICIPATING in the labor force, and considering baby boomers reach age 65 at a rate of about 300,000 per month, that number is indicative of an aging workforce heading into retirement. They are still counted as part of the labor force; just not participating.

    As for your “part time for economic reasons also continues to grow” comment, that’s interesting because in the jobs data, part time jobs have decreased by about 765,000 in the past year as almost 3 million total jobs have been added to the economy in the past year.

  • [1] September 4, 2015 at 11:37am

    And it was in the 50+/-% from 1948 to the 1970′s, in large part to mom staying home… so what? The boomers entering the work force brought it to record highs in the 80′s and 90′s and it has been on the decline for the last 10 years or so as those boomers reach age 65 and retire. You do know the labor force is anyone 16 and older, right? If you take out 16-17 year olds, college kids and seniors, you get about 20 million who are not participating in the labor force. Then, how many of those are just unemployed by choice? Do some research.

  • September 4, 2015 at 11:26am

    Never a dispute of the facts… just insults and accusations of being an Obama lackey.

  • [1] September 4, 2015 at 11:07am

    You can’t do that… the labor force is anyone 16 and older. So, we should count every 16 and 17 year old, college student and person 65 and older? Because that’s what you’re doing. The bogus LPR argument is so old and worn out. LPR is higher than at any time from 1948 to late 1977, when it began climbing to historical highs due to the baby boomers. Now, it is coming down as the boomers are retiring… it is rather consistent with an aging population.

  • [-1] September 4, 2015 at 10:36am

    Well, that would be because Rush is an idiot. His ridiculous 42% comes from a juvenile level discerning of the Labor Participation Rate. It is also how you guys come up with the bogus “90 million underemployed”.

  • September 4, 2015 at 10:25am

    Funny… you guys didn’t start talking about U-6 until it was chic to do so. U-6 is lower today than it was when they changed the way they calculated unemployment in January of 1994, and is about where the historical average has been for the past 21 years. It has also come down by 7.1% since the height of the last recession. Those are facts.

  • [-1] September 4, 2015 at 10:17am

    I have several friends who would no doubt tout the same tired Fox News et al talking points like a drone like the rest of you, however, I can’t help but notice that I can’t think of one person in my circle of friends or family who are unemployed at the present moment, other than by choice (retired, stay-at-home mom, etc.). And those who have been unemployed at any point in the past 7 years or so have not been for longer than perhaps a month at most.

    Here at my work over the past several years, we have added 150+ engineers and invested $2.5 million into renovating our production floor to bring most of the manufacturing we had outsourced back where it belongs. I look at the prospect of us becoming energy independent as the potential to have a multi-decade boom if we play our cards right. It is projected that by 2020, we will be producing more oil per day than Saudi Arabia. Imagine the ramifications of that! We are already seeing the fruits of that at the gas pump today. If we don’t screw that up, it will make manufacturing in this country a no-brainer. I see many hurdles, but we have the makings of a good, solid economy based on producing again going forward.

  • [-1] September 4, 2015 at 10:04am

    Did I say that number was great? It’s a far cry from the ridiculously exaggerated number of 90 million, that’s for sure. I’ve never said the economy was great… I’ve only simply stated that it is way better than most of you will admit. It continues to plow through bad policies and expand in spite of them. Just because I don’t like the fact that Obama is POTUS doesn’t mean I propagate nonsense to paint a picture that everything is going to hell when it is not.

  • [-2] September 4, 2015 at 9:48am

    Yeah, a Gallup poll and completely conjured figures from an opportunistic fear-mongerer charging fellow doomsayers $175 a year to feed their pessimism porn addiction. Seems legit.

  • [-1] September 4, 2015 at 9:44am

    Good thing your instincts don’t matter much in the economy. I know… everything’s just made-up propaganda… until a bad number is reported… then you guys point your finger and exploit the hell out of it as proof the economy sucks. You can’t have it both ways.

  • [-2] September 4, 2015 at 9:42am

    If you’re talking about the infamous U-6 rate, it is at 10.3%, and is right about where it always has been historically. It has come down from peaking at 17.1% during the height of the last recession. That completely bogus 90+ million figure you guys keep throwing around counts 16 and 17-year-olds, college kids, AND everyone 65 and older! For God’s sake, do some research and you’ll find the number of under employed or quit looking for work is closer to 20 million, when you remove the aforementioned demographics from the purposely and politically inflated number of 90 million.

    Responses (7) +
  • [-4] September 1, 2015 at 5:11pm

    I provide factual, tangible economic data, and, as usual, get nothing but Saul Alinsky type reponses or links to perma-doom propaganda sites.

    Responses (2) +
  • [-2] September 1, 2015 at 5:07pm

    Love it… insults instead of factually-based dissidence. How Saul Alinsky of you.

  • [-8] September 1, 2015 at 4:29pm

    Report all the negatives; ignore all the positives. Report a rise in first time unemployment benefits; ignore all declines in first time unemployment benefits. Report any and all job cuts; ignore the highest number of job openings ever in our economy back in June and the fact that we’ve had 65 consecutive months of private sector job growth. Report a disappointing GDP number; ignore the good GDP numbers and/or revisions from 2.3% to 3.7% for last quarter alone. Report stagnant wages; ignore the fact that wages and salaries have grown 4.6% in the last year. Shout the bad from the rooftops… nothing but crickets on the good. It’s just the norm around here.

    Responses (5) +
  • [2] September 1, 2015 at 9:29am

    Most of you people on this site have sincerely lost your ever-loving minds! I just can’t event contemplate how out of control your way of thinking has become… but then I remember who started this news organization and it all makes sense. A doomsday-obsessed quasi-prophet incoherently blathering about visions of Obama with swastikas, hammers and sickles on the chalkboard of doom… the end product really just writes itself.

  • August 31, 2015 at 10:44pm

    Solzhenitsin, thanks for proving my point… no facts, just baseless drivel.

    Shima-Gaijin, what part of 5.5 million job openings (a record high) in the economy do you not understand? It’s not shifting numbers around at all… it is verifiable openings for employment!!! As for the drop in the Labor Participation Rate (LPR), it is consistent with an aging population. The baby boomers reach the age of 65 at the rate of 10,000 per day… or 3.65 million per year… so there you go. That likely explains much (not all) of the drop in the LPR.

  • [-2] August 31, 2015 at 6:13pm

    I love getting thumbs down votes with no response… it means you didn’t like what I said but have nothing with any factual basis to offer in response.

  • [-3] August 31, 2015 at 5:00pm

    Oh, and as far as “low paying jobs” are concerned, private sector wages and salaries are up 4.6% in the past year alone.

  • [-2] August 31, 2015 at 4:12pm

    Well, as of July, part time jobs accounted for about 18.3% of the job market. While that is a tad high historically (it was about 13.5% back when they started counting them in 1968), it has come down from over 20% back in 2010. As for temporary positions, the number of temp jobs about a year ago was around 2.8 million. I’m guessing that number may or may not be a bit higher today, however that number is pretty small considering the number of total jobs in the economy.

    As for the laughable fact that you guys still tout that ridiculous “90 million people not working” figure, let me school you on just how much of a misrepresentation of reality that is. Of the 90 million, there are 3 important demographics that were thrown in to pad the numbers. That would be teenagers aged 16-17 who are most likely in high school, young adults enrolled in college, and seniors 65 and older who are of retirement age. When you take all of those people out of the misleading 90 million figure, you get a number closer to 20 million.

    Lap up all the cow patties of misinformation from your favorite talking heads all you want, but facts are facts… and the fact is, you guys rarely come up with verifiable numbers in your doomsday rhetoric, and then accuse anyone who questions your claims as Obama sympathizers. Honestly, I didn’t vote for the guy, but can still see we have an economy that is determined to plow through even bad policies currently in place.

  • [-10] August 31, 2015 at 10:34am

    The month of June saw the highest number of job openings our economy has ever seen recorded… 5.5 million. Please tell me how that number is manipulated, with sources.

    Responses (9) +
123 To page: Go
Restoring Love