Public to Wall Street and Beltway Bandits: Good news? What part of "not getting better" don't you understand?

See you November 2.

I. Want. A. Moron. Meetup. In. NYC. Come. Election. Night.

Oh do it,. please! And bring a camcorder. I want to see liberal tears flowing in the streets.

Tears have already started flowing at the NYTs.

You know who benefits from this the most?

The Mexicans.

Obummer is on the tube right now bragging about job growth.

I don't like to hate a president but he makes it so easy.

My only question is, who the hell are these economists who are ALWAYS FRICKIN WRONG?

Here!

cut everything else, including Defense. 

That said, how about scaling back commitments? Like pulling out of the Balkans. If the spoiled Eurotrash can't man up and police their own backyard, screw 'em.

i was looking at the drudge headlines....i saw the 9.6% unemployment rate and thought to myself...he's gonna need another vacation and underneath that headline was that he was going on vacation to camp david for another vacation!  hahahahahahahahahahahahahah  hip hop at the white house must tire him out!

I like how you say "here's your updated version of the chart"...

and then there's no chart.

Is that like some kind of postmodern commentary on the current political landscape?

I just watched President Jugears McFuckstick say we added 56,000 jobs in August.

Da fuck??

How does 54,000 jobs cut become 56,000 added.??

He doesn't even have to be subtle in his bullshit anymore becuase the MFM is so far up his ass

 take it all back. Ed "Poppin' Fresh" Morrissey just quoted -- and agreed with -- some CNBC story claiming the economy isn't the issue.

Well, maybe not the *only* issue....

and then there's no chart.

I see a chart.

Well, maybe not the *only* issue....

Yah, just saying....

beedubya

didn't you pay attention during "new math"?

I just watched President Jugears McFuckstick say we added 56,000 jobs in August.

Da fuck??

How does 54,000 jobs cut become 56,000 added.??

He doesn't even have to be subtle in his bullshit anymore becuase the MFM is so far up his ass

Posted by: beedubya at September 03, 2010 10:45 AM (AnTyA)

He's adding the Lives Touched silly.

Ben Franklin is more likely to have said this, given that he also praised beer as the proof that "God loves us and wants us to be happy".

I was in one of my favorite bars last weekend and guy had a T-shirt with that saying on it.  I've got to get one.

Posted by: MCPO Airdale at September 03, 2010 10:51 AM (G5qLy)

I saw on druge that NYC has a 50% increase in the homeless, what bubble?

ong! it's going to be like ayn rand's "we the living" when the commies forced the workers to march or they'd lose their jobs....and most days the marcher's didn't even know or care about what they were marching for....

Good idea! Let me take this down....

damiano

the guys last vacation was ruined by rain....fecal matter in the ocean water....michelle...the press bothering him while he was buying shrimp...jeez...someone even photographed him on a girl bike wearing mom jeans.....HE NEEDS A VACATION!

"Don't stop thinking about tomorrow."

Hey, that was our lame slogan.

Here's another example of how Barry's administration is hurting job growth. 

We have a small but rapidly growing company that makes products that you would think any lefty would love, they are green, leave no hazardous by-products and replace products that have been deemed to be harmful to people and the environment.  We are growing rapidly here in the States but we have a significant worldwide market.

One of the things Barry said when taking office is that his administration would focus on growing our exports.  I even attended a confernce in DC where he spoke and made it a point to say that increasing exports were going to be a huge part of his agenda.

So what happens? His DOT took our product and reclassified it to a much more restrictive international shipping class which means our products now cost significantly more than similar but inferior products made in the Middle East and Asia.  The product has not changed and we have still not been given any solid reason for this change. The consequence is that not only are we hiring fewer than we would without these restrictions here in the States we are now considering moving some if not all of our manufacturing overseas.

Never trust what liberals say, watch what they do.

Oh, I should have mentioned, our single biggest customer by a large measure is, wait for it, the US federal government.

Idiots.

Sept. 3 (Bloomberg) -- President Barack Obama said there is “no quick fix” for the U.S. economy as it emerges from the worst recession in more than seven decades and promised to lay out new ideas next week to boost growth and hiring.

The president, speaking at the White House, again urged Congress to pass a package of measures to help small businesses, including tax breaks and aid to ease credit.

“I will be addressing a broader package of new ideas next week,” he said. The economy is moving in “the right direction; we just have to speed it up.”

I thought Recovery Summer was going to fix everything. Now there's no quick fix. Unemployment is up. Growth is down. That's definitely in the right direction so let's speed that up

The current situation is due entirely to Obama. That's why there is a kink in Nov. 2009 for the initial unemployment claims trendline, it was when Obama's policies started affecting the economy. 

Also I don't buy that we were on the brink of a great depression in 2008. The events of 9/11 were at least as shocking to the economic system of the country (and world) as the 2008 financial meltdown. The stuff from 2008 would have worked itself out in 2009.  We are now 2/3 thru 2010 for crying out loud. Unemployment should be at 6.5% or lower and GDP about 4% each quarter.

We all know the stories in the MSM would be over the top drastic if a Republican was presiding over this economy. Grandmas eating catfood, homeless dying in the freezing cold, the family that had to sell everything and move in with the parents because of unemployment.

All the fucking bailouts TARP, etc were precipitated by the withdrawal of $500 billion from money markets back in 2008

..who the fuck were the people allegedly taking this money out??

I call bullshit..this shit was part of Jugear's plan to destroy the economy

I'd say a heaping helping of deception and false promises are in order.

Nah, just emphasize the free crap they're going to get.  Most people don't care how or who's gonna pay for it, cause that's in the future.  The future doesn't actually exist in real life because that's not now.

Oh, there's no possible way I could take offense.

Posted by: Warthog at September 03, 2010 11:13 AM (WDySP)

Heh.  Bill them.  Bill them like the wind.

So, what is the deficit again? How many years have we been running at a deficit?

According to the Treasury, we've run a deficit every year since 1958--that's right, we haven't paid down any of the national debt on a year-to-year basis since 1957.

okay, I'm pissed - I still can't see any frackin' chart!

I've got to use explorer since I'm on the crappy work computer, that may be the problem.

From WaPo>>>Many economists say Obama's policies have been reasonably effective at pulling the nation back from recession. Last year's stimulus package - now estimated to cost $814 billion - protected as many as 3.3 million jobs, according the independent Congressional Budget Office.

ABSOLUTE.FUCKING.NONSENSE!!

The CBO does not do empirical studies.They do not count fucking jobs. This is nothing but determinations based on their modeling...which was based on the crap the Jackassocrats gave them

garbage in...garbage out

It's the fucking same way the GW sciencytists figured the planet was heating up. The came up with a conclusion then they came up with models to meet that fucking outcome

According to the Treasury, we've run a deficit every year since 1958--that's right, we haven't paid down any of the national debt on a year-to-year basis since 1957.

Posted by: Red Rocks Rockin' at September 03, 2010 11:20 AM (lfyq/)

Clinton left office with a surplus!!!

Last year's stimulus package - now estimated to cost $814 billion - protected as many as 3.3 million jobs

Protected?  What the crap does that mean?  Protected from what? 

I agree with McScribbler, describing this as "a yawner" is ridiculous. Each month of 9.5% unemployment should be a f'n outrage. I understand the numbers not moving but the comparison is not with last month but what the numbers should be. That's why this report should be a siren call. It's like a freak'n air raid warning during WWII. Nobody would have said "there goes that siren again, what a yawner".

Put it this way, if 5% unemployment is full employment then its like Defcon 5. 10% unemployment would be Defcon 1. We are basically at DEFCON 1 employment wise (and ecomonically). We got the President running around acting likes things are Defcon 5 just making shit up about "recovery summer"

Posted by: Barry "The Producer" Obama at September 03, 2010 11:26 AM (GwPRU)

Might I suggest Tiger Woods' ex-wife for caddie? She's not working these days and I hear that she really knows how to use a 9 iron.

I agree with McScribbler, describing this as "a yawner" is ridiculous.

I took it to mean that this the same old news.  Business as usual.

Anyone up for joining me in Galt's Gulch?

I have a feeling it's in Alaska this time.

This deserves its own thread

Gang Members call press conference in Chicago to complain about the Chicago Police.

All this badness has the silver lining of insuring a major win for the good guys (less-evil guys?) come November.  That said, it's still badness, and the roots of the problem run deep. 

I am hopeful that the Reps "get it" on the regulation and taxes front.  Maybe they will be smart enough to at least TRY to pound through positive change to address those issues.  I suggest that killing crap & tax and deathcare for good, clearning hurdles for  more nuclear power, and reining in the EPA go to the top of the list. 

That said, I worry that they will NOT do anything intelligent to address the other cause of high unemployment - low and declining demand for lower skilled labor.  That problems is worsened by the outsourcing of higher skilled work to India, and the importation of "skilled" workers from the 3rd world who's education was subsidized by their governments.  Will they really take action to seal the border, and deport the excess bottom-scale labor we have?  Will they levy draconian punishments (as they should) against companies that knowingly hire illegals?  Will they cut off the visas for cheap Indian professionals?  I worry that they will not.  And will they do anything to offset the cheap labor that is so abundant in the 3rd world slave factories?  I doubt it.  The concept of "free trade" has been transformed in their puny brains to consist of simply laying down for the grossest and most abusive merchantilism that China and others can devise.

What can be done to push the stoopid party into doing what's right?  If they are not forced to push for intelligent policy, what is to prevent us from losing the advantage in the next election?  If they are allowed to blow it, it'll be a tough battle to win in the future.

OH. MY. GOD.

...according to the Time...rising unemployment is GOOD NEWS under Obama

tinyurl.com/2uanobz

Fucking MFM

I agree with McScribbler, describing this as "a yawner" is ridiculous.

I took it to mean that this the same old news.  Business as usual.

____________________________________________________

It is the same old news... the problem is that old news is so freak'n catastrophic it can't be described as a yawner. Its as if Al Queda was blowing up a jet month after month and after about a year saying "well, Al Queda blew up another jet, what a yawner".

The celebrated English unflappability is capsulized in the answer given in 1940 to a frightened two-year-old who asked about the loud noises he was hearing. "Bombs, dear," said Nanny. "Elbows off the table.""

After a while it stops shocking you.

Ha ha. Parts of said nanny being found all over London a week later.

I took it to mean that this the same old news.  Business as usual.

Posted by: Soap MacTavish at September 03, 2010 11:39 AM (554T5)

I remember seeing a documentary on Military Channel about the planned invasion time - October 1945, at that time a major typhoon hit Japan, so our guys would have been wiped out by the "Divine Wind", FUCK YOU - Divine Wind!

Posted by: Blackford Oakes at September 03, 2010 11:45 AM (w9BEi)

Sock OFF!

Posted by: t-bird at September 03, 2010 11:43 AM (FcR7P)

Indeed.  Don't get me wrong - I crave victory for our side.  ANYTHING is better than what we have now, even if it just kicks the can down the road a bit.  I just worry that the Reps will do what they love to do when they win - go soft and become fearful of losing later on.  They think of it as drifting "to the center" when really it's just drifting LEFT.  That reduces the vital difference between parties in the eyes of the public, and can even lend the appearance of legitimacy to the enemy.  You can give them a 60%+ issue, like immigration, and they'll STILL puss out.

I think the question is - what is the best way to force the Reps to use the balls God gave 'em?  I think we'll have to keep constant nagging pressure on them.

Frankly, I was looking for something a little more interesting this month - I thought we'd end up at 9.8 or 9.9%.

That's the problem right there. Geoff has been infected with the "unexpectedly" virus.Its all just a bunch of numbers now.

We need to be comparing this with what it should be.

Posted by: Joe Biden at September 03, 2010 11:49 AM (mka2b)

Hey Joe, give me that shovel...look behind you it's a blimp!

*SMACK* on back of skull

One step closer!

Posted by: curious at September 03, 2010 11:32 AM (p302b)

Poppy blight?

I remember seeing a documentary on Military Channel about the planned invasion time - October 1945, at that time a major typhoon hit Japan, so our guys would have been wiped out by the "Divine Wind", FUCK YOU - Divine Wind!

Posted by: Radioactive Satellite Of LOVE at September 03, 2010 11:46 AM (zqzYV)

Well, it's a good thing we had Divine... Atomization.

Posted by: CharlieBrown'sDildo (formerly NJConservative) at September 03, 2010 11:51 AM (LH6ir)

Yes, but.

Geithner predicted this situation months ago - just look at the dashed green line on the chart. The outrage should have occurred then, when Geithner presented that prediction and didn't propose to do anything about it.

I wrote a post about it at the time, where I did express a little outrage. Here's an excerpt:

"Are you freaking kidding me? Do you see how high those numbers are, and how long theyÂ’re that high? And they actually have the temerity to tell the American people to suck it up for 2 more years while they pursue other legislation?"

Now, almost 6 months later, I find it a little harder to get outraged. It's become business as usual.

__________________________________________________________

Thankfully I think the American people are increasingly outraged the longer the number stays 9.5%. Each month at that level adds to the outrage not dissipates it. I just don't think 99% of people would describe the report as "a yawner".

I was in one of my favorite bars last weekend and guy had a T-shirt with that saying on it. 

Now, I find this somedeel irksome: Franklin said that about wine, not beer. He's being misquoted daily. No damned wonder we're all unemployable.

Posted by: Legal zoom.com at September 03, 2010 11:58 AM (zqzYV)

I have a job opening and I like your style.

Posted by: Spectre at September 03, 2010 12:00 PM (5I8G0)

Whatcha doing?

"If you look at the rate of searches for 'economic depression' on Google...it's back to normal baseline levels."
--Larry Summers on the success of the ARRA (a.k.a. Stimulus Act)
July 17, 2009

Heh. How 'bout when Gibbs said that we were to call 'stimulus' 'stabilization' instead. In fact, that's how it had been promoted allllll along and we were just too stupid to not get it.

Now, I find this somedeel irksome: Franklin said that about wine, not beer. He's being misquoted daily. No damned wonder we're all unemployable.

Technically, he said it about rain which nourished the vines, etc.

But I like beer and not technicalities and I still want the T-shirt.

Posted by: Phineas at September 03, 2010 12:07 PM (L8kaT)

Aren't you kinda young to be posting to Ace of  Spades?

So they are talking about big tax cuts now.

I thought that kind of stuff didn't work.

Raise taxes on the rich, give tax cuts to the middle class, buy votes destroy America by destroying investment and job creation.

Do these motherfuckers have ANY CLUE or is this all on purpose.

Technically, he said it about rain which nourished the vines, etc.

But I like beer and not technicalities and I still want the T-shirt.

And it's good enough for gov't work, .  

#194 Franklin did love France...

and the many dames that resided there.  

Can't hold up Franklin as the umero uno hero of mine - he was way too decadent, .

Posted by: Jerk who suggests improvements to other people's charts at September 03, 2010 12:16 PM (L8kaT)

Can I get the background in "cornflower blue"

Ah. Perry the Platypus. You have arrived just in time to see my latest invention... the De-Obamanator. It will undo everything President Obama has done in the past two years in the tri-State AREA!

What? You want me to go ahead and use it? What kind of nemesis wants his foe to do something so EVIL.

Ah. Perry the Platypus. You have arrived just in time to see my latest invention... the De-Obamanator. It will undo everything President Obama has done in the past two years in the tri-State AREA!

What? You want me to go ahead and use it? What kind of nemesis wants his foe to do something so EVIL.

Posted by: Dr. Heinz Doofenshmirtz at September 03, 2010 12:24 PM (Bs34i)

Excellent!

You'll be wanting to read through this thread. It just keeps snowballing, until the point where I'm forced to eat my words.

The triangles were OK, just too big. Especially since you've kept at it an added more data point as time went by.

Thankfully I think the American people are increasingly outraged the longer the number stays 9.5%.

I did a little update, acknowledging that grounds for outrage still exist. That's about all you'll get this morning - kind of hungover and not in a ranting mood.
_______________________________________________________

Seeds for a new invention... the RANT-ANATOR!

68 Start watching the suicide rate among laid-off white collar workers in their 40s and 50s as they continue losing their homes and families. With no prospects on the horizon, things are bleak.

Just happened to a classmate of mine last week.  They were foreclosing on his house, daughter starting college so he set the house on fire and swallowed a pistol barrel.

I remember Bush getting slammed over 6.0% unemployment in the middle of the recovery from 9/11. Famous Nancy Pelosi quote from then: "Where are the jobs, Mr. President? Where are the jobs?" I also remember Mort Kondracke having a hissy fit on the Fox News panel over the feeble monthly production of 100,000 new jobs, saying it just wasn't enough to move us forward. 

Can you imagine if the rate had gone from 9.5% to 9.4%? We would have fireworks, redecorated the entire West Wing, and set up a 6 week vacation in Monaco for the Obamas. Mission Accomplished!