January 10, 2014
— Ace Video at Hot Air. Joe Scarborough's Chirpy Parrot isn't so chirpy over the mere 74,000 jobs created in December.
Allah links this Sean Davis article. As you know, the unemployment rate is falling only because the number of people seeking work is falling faster. All of the "improvements" in the unemployment rate are due to discouraged workers leaving the workforce entirely.
Davis muses: What would the unemployment rate be if the labor participation rate (the fraction of people actively seeking work, or actually working) remained at the same level as it had been in June, 2009 (five months into Obama's term, and when the recession supposedly officially ended).
The results are pretty shocking -- if you haven't been paying any attention whatsoever.

Yes, there has been absolutely no actual improvement in the employment situation, except for the millions who have just given up and now subsist on the Federal dime.
Obama will of course spin this disastrous jobs creation number as due to the 16-day shutdown of 17% of the federal workforce in October.
How does that explain the five years of grueling, neverending unemployment that Sean Davis documents?
Posted by: Ace at
11:42 AM
| Comments (284)
Post contains 223 words, total size 2 kb.
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 11:43 AM (PYAXX)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 11:44 AM (PYAXX)
Posted by: joncelli at January 10, 2014 11:45 AM (RD7QR)
Posted by: Ghwynne Eternal Moonshayde at January 10, 2014 11:45 AM (1Zoh4)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 11:45 AM (PYAXX)
Posted by: ace at January 10, 2014 11:45 AM (/FnUH)
Posted by: mugiwara at January 10, 2014 11:45 AM (W7ffl)
Posted by: Clownf*cker at January 10, 2014 11:45 AM (l2max)
>>Obama will of course spin this disastrous jobs creation number as due to the 16-day shutdown of 17% of the federal workforce in October.
.
.
.They already blamed it on the Cold......Uh, I mean Global Warming.
Posted by: Registered Voter at January 10, 2014 11:46 AM (nUbHY)
Posted by: ace at January 10, 2014 11:46 AM (/FnUH)
How much of this is DIRECTLY doctors, nurses, and other associated medical personnel retiring, closing, merging, etc.?
Because there were a fair number of doctors on the "I'll retire first" podium earlier on.
Posted by: Al at January 10, 2014 11:46 AM (9ynpo)
Posted by: Ashley Judd's Puffy Scamper, aka MrCaniac lover of KaBoom Cereal at January 10, 2014 11:47 AM (BXLPR)
Posted by: Burn the Witch at January 10, 2014 11:47 AM (U1Tts)
Posted by: Barack Obama at January 10, 2014 11:48 AM (/FnUH)
Posted by: Countrysquire at January 10, 2014 11:48 AM (LSJmV)
Posted by: Lauren at January 10, 2014 11:49 AM (hFL/3)
Posted by: seems legit at January 10, 2014 11:49 AM (A98Xu)
Posted by: Vic[/i] at January 10, 2014 11:49 AM (T2V/1)
Posted by: Clownf*cker at January 10, 2014 11:49 AM (XiVKO)
Posted by: Barack Obama at January 10, 2014 11:49 AM (/FnUH)
Posted by: MTF at January 10, 2014 11:49 AM (F58x4)
Posted by: Countrysquire at January 10, 2014 11:50 AM (LSJmV)
Posted by: seems legit at January 10, 2014 11:50 AM (A98Xu)
Posted by: JackStraw at January 10, 2014 11:50 AM (g1DWB)
Posted by: AMDG at January 10, 2014 11:50 AM (t7OO0)
Posted by: Ashley Judd's Puffy Scamper, aka MrCaniac lover of KaBoom Cereal at January 10, 2014 11:50 AM (BXLPR)
Posted by: backhoe at January 10, 2014 11:50 AM (ULH4o)
For those of you who haven't read Kevin Williamson's piece on the Big White Ghetto over at NR, that's a depressing bookend to this.
Fifty years worth of the "War On Poverty", which started, let us recall, in Appalachia. And the end state of that? Not only is Appalachia not fixed, and is worse off than before, but a mindset of Appalachian dependence and hopelessness has been slowly expanding to encompass more and more of the country.
Posted by: torquewrench at January 10, 2014 11:51 AM (gqT4g)
Posted by: rickb223 at January 10, 2014 11:51 AM (CRyse)
Posted by: Truck Monkey at January 10, 2014 11:51 AM (32Ze2)
Hey, any guesses as how SNL will make 'funny' of Christie's presser?
My guess: he's eating donuts while he speaks.
Posted by: soothsayer at January 10, 2014 11:51 AM (gYIst)
Gotta make a move to a town that's right for me
Town to keep me movin', keep me groovin' with some energy
Well, I talk about it, talk about it
Talk about it, talk about it
Won't you take me to Bartertown?
Won't you take me to Bartertown?
Posted by: Lipps Inc at January 10, 2014 11:51 AM (nELVU)
Posted by: seems legit at January 10, 2014 11:51 AM (A98Xu)
Posted by: Countrysquire at January 10, 2014 11:52 AM (LSJmV)
Because there were a fair number of doctors on the "I'll retire first" podium earlier on.
Posted by: Al
.............
You can probably find that here on the BLS website.. the link is to today's report.
http://tinyurl.com/2qps7
Posted by: Chi-Town Jerry at January 10, 2014 11:52 AM (f9c2L)
Posted by: Bigby's Squeegee Hands at January 10, 2014 11:52 AM (3ZtZW)
Posted by: --- at January 10, 2014 11:52 AM (ksJYU)
The statistic you're looking for is actually referenced in the labor report in question:
===
Health care employment changed little in December (-6,000). Employment gains in the industry averaged 17,000 per month in 2013, compared with an average monthly gain of 27,000 in 2012.
===
But to answer directly, there are about 830,000 active physicians in the USA. Even if we assume that fully 10% of them decided to quit practice in the last year, that's still just a tiny blip compared to the 10.4 million unemployed adults the Dept of Labor cites in its most recent report.
Posted by: looking closely at January 10, 2014 11:52 AM (6Q9g2)
Posted by: Mega at January 10, 2014 11:52 AM (hHFOx)
Posted by: AMDG at January 10, 2014 11:52 AM (t7OO0)
Posted by: Flatbush Joe at January 10, 2014 11:52 AM (ZPrif)
Posted by: rickb223 at January 10, 2014 11:53 AM (CRyse)
Also, spending more on unemployment boost the economy.
Win-win!!
Posted by: Nancy Pelosi at January 10, 2014 11:53 AM (POpqt)
As Glen Reynolds says, "They will turn us all into beggars because they are easier to please"
Posted by: 18-1 at January 10, 2014 11:53 AM (P3U0f)
Posted by: Empire of Jeff at January 10, 2014 11:53 AM (CJjw5)
Posted by: Schwalbe: The Me-262© at January 10, 2014 11:54 AM (9Bdcz)
Obamanomics is predicated on the idea that losing over a million people's employment last calender is a roaring recovery "poised for growth."
The problem is the economy has been roaring for 5 fucking years and is still "poised"...
we're bleeding to death.
Posted by: Sven 10077 at January 10, 2014 11:54 AM (TE35l)
And in the what-if game if this was the economy of a Republican President the MFM would be screaming. Just look at the headlines for the Bush economy on how bad it was with 5% UE and no lies.
Posted by: Vic[/i] at January 10, 2014 11:54 AM (T2V/1)
Posted by: JackStraw at January 10, 2014 11:54 AM (g1DWB)
Posted by: m at January 10, 2014 11:55 AM (omrQI)
Posted by: Burn the Witch at January 10, 2014 11:55 AM (U1Tts)
Posted by: seems legit at January 10, 2014 11:55 AM (A98Xu)
Posted by: Rolling Stones Editor at January 10, 2014 11:55 AM (Aif/5)
If I were doing a skit on Christie's presser, I'd have NJ thugs quietly remove the less agreeable journalists as the presser went on.
But that's me, and that'd be funny. So don't expect to see it.
Posted by: soothsayer at January 10, 2014 11:55 AM (gYIst)
Posted by: 98ZJUSMC Rounding Error Extraordinaire at January 10, 2014 11:55 AM (2R/Fl)
FTFY
More and more I wonder why the hell I wake up in the morning and go to work.
Posted by: 18-1 at January 10, 2014 11:55 AM (P3U0f)
@61Maybe Boehner should pass a law that simply states 'People that are not working are defined as unemployed, whether searching or not.' so we can get back to apples -apples unemployment numbers that can be compared with, say , the Carter years.
-------------------
Because stay-at-home moms would get annoyed.
Posted by: junior at January 10, 2014 11:55 AM (UWFpX)
Posted by: grognard at January 10, 2014 11:55 AM (/29Nl)
Posted by: Lincolntf at January 10, 2014 11:56 AM (ZshNr)
Posted by: Flatbush Joe at January 10, 2014 11:56 AM (ZPrif)
Posted by: OK, thanks, bye at January 10, 2014 11:56 AM (RPDkq)
Posted by: Mr. Powerstroke Super Duty 4X4 King Ranch Edition at January 10, 2014 11:56 AM (LSJmV)
Every fucking day.
And I can't even get Timbits on the way in.
Posted by: HR at January 10, 2014 11:56 AM (ZKzrr)
Posted by: seems legit at January 10, 2014 11:56 AM (A98Xu)
Posted by: Kreplach at January 10, 2014 11:56 AM (eMP2S)
Posted by: she's a lawyer! at January 10, 2014 11:57 AM (yhJhK)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 11:57 AM (GaqMa)
As far as this goes, This Is The New Normal.
Since we had 0 opposition to obama in the last 5 years, Dumb People have no reason to think this is a bad economy.
Posted by: soothsayer at January 10, 2014 11:57 AM (gYIst)
Posted by: BlueStateRebel at January 10, 2014 11:57 AM (7ObY1)
Posted by: Burn the Witch at January 10, 2014 11:57 AM (U1Tts)
I want the extra transmission coolers installed eh
Posted by: Sven 10077 at January 10, 2014 11:57 AM (TE35l)
All of you tea party hobbits should just surrender now, OK?
Posted by: John "gang of N" McCain at January 10, 2014 11:57 AM (POpqt)
___
You are welcome!
Posted by: Barack Obama at January 10, 2014 11:57 AM (P3U0f)
Posted by: mrp at January 10, 2014 11:58 AM (HjPtV)
The UE rate is understated and will be even more understated as ObamaCare continues its rampage.
So, so fckued.
Posted by: AnonymousDrivel at January 10, 2014 11:58 AM (eHIJJ)
Posted by: spongeworthy at January 10, 2014 11:58 AM (r5w1L)
Have you tried North Dakota?
Posted by: HR at January 10, 2014 11:58 AM (ZKzrr)
Posted by: Boomslang Joe at January 10, 2014 11:58 AM (nsg2T)
***
Gotta love the "reality based community"
Posted by: 18-1 at January 10, 2014 11:59 AM (P3U0f)
Posted by: 98ZJUSMC Rounding Error Extraordinaire at January 10, 2014 11:59 AM (2R/Fl)
Posted by: Flatbush Joe at January 10, 2014 11:59 AM (ZPrif)
Posted by: seems legit at January 10, 2014 11:59 AM (A98Xu)
Posted by: Lauren at January 10, 2014 11:59 AM (hFL/3)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 11:59 AM (GaqMa)
There's a link for reporting Fraud, Waste, and Abuse.
Anyone already getting audited who wants to report Mooch's post-vacation vacation?
Posted by: HR at January 10, 2014 11:59 AM (ZKzrr)
You need to tell her she's a fucking lunatic totalitarian, and that it's immoral to force people to hire workers and ruin themselves just to make her fucking secular messiah not look like the clusterfuck of a miserable failure that he is.
It's not the job of the private sector to spackle over the holes put in the wall by progressives. Maybe they should learn how to put something up instead of constantly destroying things.
Posted by: grognard at January 10, 2014 12:00 PM (/29Nl)
50% of the 74,000 were part time...
under Bush this would have been drawn and quartered....
the cocksuckers are going to run on THIS economy and Obamacare as a positive AND they are likely to win back the House and Keep the Senate unless our leadership starts attacking this cocksucker.
Posted by: Sven 10077 at January 10, 2014 12:00 PM (TE35l)
Posted by: BlueStateRebel at January 10, 2014 12:00 PM (7ObY1)
Posted by: mrp at January 10, 2014 12:00 PM (HjPtV)
Posted by: JackStraw at January 10, 2014 12:00 PM (g1DWB)
Its not just that they have to work twice as hard for less pay, but that they're spending more and more time on the phone and shuffling papers around, and less and less time actually seeing patients and making medical decisions.
Having never been around BEFORE medicine got screwed up, the young/new doctors are coming out of the gate dealing with these sort of hassles and don't know any better. They're being screwed; they just don't know it (yet).
The ones who are really hurting/complaining now being screwed are the mid-career physicians. These are the guys who are seeing workloads increased, reimbursement decreased (in many cases due to effectively arbitrary and unanticipatable medicare reimbursement cuts in their particular areas), who not only don't have the coin for retirement, but are seeing all their dreams of cushy retirement evaporate. (Yeah. . .join the club. . .I know).
Posted by: looking closely at January 10, 2014 12:01 PM (6Q9g2)
Posted by: elaine at January 10, 2014 12:02 PM (GNZ0/)
Posted by: Flatbush Joe at January 10, 2014 12:02 PM (ZPrif)
An unemployed guy walks into a bar and asks if they have any job openings.
The bartender says, " We have an opening for a glass wiper"
The unemployed guy says " I'm hard up so I'll take but that's one tough bathroom attendants job.
Posted by: polynikes at January 10, 2014 12:02 PM (m2CN7)
An unemployed guy walks into a bar and asks if they have any job openings.
The bartender says, " We have an opening for a glass wiper"
The unemployed guy says " I'm hard up so I'll take but that's one tough bathroom attendants job.
Posted by: polynikes at January 10, 2014 12:02 PM (m2CN7)
Posted by: Ashley Judd's Puffy Scamper, aka MrCaniac lover of KaBoom Cereal at January 10, 2014 12:03 PM (BXLPR)
When the clerk said yes he said "wait I have to check the hours below 30".
Posted by: Vic[/i] at January 10, 2014 12:03 PM (T2V/1)
Posted by: Anna Puma (+SmuD) at January 10, 2014 12:03 PM (ZqlGu)
Posted by: kbdabear at January 10, 2014 12:04 PM (aTXUx)
I figure from the name that you may work construction?
Even with the current social media tech boom (a completely irrational bubble BTW) in the SF Bay Area, this area is flat on its ass so far as actually building significant new stuff.
It's become so hard to do new private construction in Commiefornia with the colossal regulatory and legal burdens that really big public works are the last thing going, but even that stuff is fizzling out.
Not least because with liberals monolithically in charge, the available pot of money gets divided between fewer and fewer inefficiently conceived projects. The pork is more concentrated, but that doesn't make for more total pork to go round.
So the "Brown Streak" high speed rail languishes in the courts due to its wildly unrealistic finances and inability to draw private capital, while the only big new project getting going is SF's Chinatown Subway.
Which is great for Nancy Pelosi, because that's a project costing MORE THAN A BILLION DOLLARS A MILE (no shit) right in her home district, but it leaves dozens of other liberal legislators elsewhere in the state with a bare cupboard on infrastructure construction spending.
The states's heavy construction labor unions are beginning to get restive over this. The circumstantially appropriate response is to point at them, make rude gestures, and laugh your ass off. Sympathetically, of course.
Posted by: torquewrench at January 10, 2014 12:04 PM (gqT4g)
If you think employment and wages are bad now, just wait until reform happens.
Posted by: AnonymousDrivel at January 10, 2014 12:04 PM (eHIJJ)
Gonna be a boom market in folk songs and murals to ensure we've a proper communist regime.
Posted by: RoyalOil at January 10, 2014 12:04 PM (VjL9S)
A bubble.
And it's about to pop.
Posted by: elaine at January 10, 2014 04:02 PM (GNZ0/)
No you call it "no recovery" because it is a lie.
Posted by: Vic[/i] at January 10, 2014 12:04 PM (T2V/1)
If the Ruling Class actually cared they would sharply limit immigration, legal and illegal, so as to create a labor shortage until companies were forced to hire these long term unemployed.
***
Getting serious about immigration enforcement would do more for "income inequality then anything Barky has proposed.
Posted by: 18-1 at January 10, 2014 12:04 PM (P3U0f)
Well yeah, back in 2010 obama's 'recovery' was called a JOB-LESS RECOVERY.
But it's more of a JOB-LOSS RECOVERY.
But the DJIA is hitting record highs! Woo hoo!
And the Real Estate sector is POISED for strong growth!!
/IAB
it's all bullshit
Posted by: soothsayer at January 10, 2014 12:05 PM (gYIst)
Posted by: Mama AJ at January 10, 2014 12:05 PM (SUKHu)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 12:05 PM (IXrOn)
Posted by: Dr Spank at January 10, 2014 12:05 PM (P1WNR)
Posted by: Empire of Jeff at January 10, 2014 12:05 PM (CJjw5)
I take it that's the blip at the end of the red curve.
Posted by: John P. Squibob at January 10, 2014 12:06 PM (kqqGm)
You , others just like you and me. Together.
Would you like to contribute 500 , 1000, or 5000 dollars today?
Remember , we can't do this without you. Or your money.
But mostly your money.
Posted by: doNotReplyto: Reince Priebus@GOP.gov[/i] [/b] at January 10, 2014 12:06 PM (5ikDv)
Here's Kate Upton in fur and leather to keep her warm
http://tinyurl.com/qxdze3a
Posted by: kbdabear at January 10, 2014 12:06 PM (aTXUx)
Posted by: Dr Spank at January 10, 2014 04:05 PM (P1WNR)
_______________________
Worse than that. The invisible had is squeezing out junk.
Posted by: Truck Monkey at January 10, 2014 12:07 PM (32Ze2)
Posted by: BlueStateRebel at January 10, 2014 04:00 PM (7ObY1)
more than crumbs or a doobie.
DOOBIE!!!
Posted by: polynikes at January 10, 2014 12:07 PM (m2CN7)
Posted by: t-bird at January 10, 2014 12:07 PM (FcR7P)
=======
How would you like to be the COO/CEO/CFO of any major retailer as the final December sales numbers are making their way to your desk?
Any of you stock nerds know when the next round of "earnings" reports for these guys are due?
heh.
Fuck you very much, 52%ers.
Posted by: RoyalOil at January 10, 2014 12:07 PM (VjL9S)
Posted by: Procrustes Autocratus Rex at January 10, 2014 12:08 PM (1/4XQ)
Posted by: Colonel Cathcart at January 10, 2014 12:08 PM (B/3gr)
Posted by: Romeo13 at January 10, 2014 12:08 PM (lZBBB)
And just like Europe, one solution will be the State pushing euthanasia to relive itself of the useless unproductives.
Posted by: Flatbush Joe at January 10, 2014 03:56 PM (ZPrif)
Well, there's always Global Total War.
Posted by: IllTemperedCur at January 10, 2014 12:08 PM (TIIx5)
Real Estate offices shuttered and empty. "For sale" signs everywhere- and nothing is selling.
Posted by: backhoe at January 10, 2014 12:08 PM (ULH4o)
Posted by: YIKES1 at January 10, 2014 12:08 PM (mETGQ)
@141 Any of you stock nerds know when the next round of "earnings" reports for these guys are due?
-----------------
iirc, it's all quarterly-based. So mid-April, I would imagine.
Posted by: junior at January 10, 2014 12:08 PM (UWFpX)
Posted by: Flatbush Joe at January 10, 2014 12:08 PM (ZPrif)
Posted by: seems legit at January 10, 2014 12:09 PM (A98Xu)
Posted by: thunderb at January 10, 2014 12:09 PM (jRvom)
Posted by: t-bird at January 10, 2014 12:09 PM (FcR7P)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 12:09 PM (IXrOn)
Posted by: thunderb at January 10, 2014 12:10 PM (jRvom)
When in doubt, fix the infrastructure*!!!
*And by infrastructure, I mean unnecessary Lefty projects in Dem-controlled states. We'll get to crumbling bridges and more policemen used to sell the stimulus later; as in never.
Posted by: Barack the Magnificent at January 10, 2014 12:10 PM (POpqt)
Posted by: Flatbush Joe at January 10, 2014 12:10 PM (ZPrif)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 12:11 PM (PYAXX)
Posted by: Brids at January 10, 2014 12:11 PM (mETGQ)
Posted by: seems legit at January 10, 2014 12:11 PM (A98Xu)
To be clear, I don't think 10% of doctors have quit/retired early at all. I just pulled that number out of my ass, just to show that even if it were true, it would barely make a ripple in the published unemployment numbers.
Its probably possible to come up with a reasonably good estimate of the number of MDs who have taken early retirement based on publically available historical State by State licensure number, but I'm not going to bother.
I'll just tell you anecdotally that there is a real marginal effect of lower reimbursements and more hassle in the current era causing MDs who were otherwise on the fence about retirement deciding to do it.
Obamacare is really only a small part of this, at least so far. Its more about ever-shrinking payments via medicare in certain medical specialties. Since physician practices are effectively small businesses with fixed expenses, even small cuts to reimbursement can lead to pretty dramatic cuts to bottom line (ie take home pay).
Posted by: looking closely at January 10, 2014 12:11 PM (6Q9g2)
Thanks for the datapoint. Fifty percent is pretty bad. I expect pretty bad all the time now. It's the New Normal.
As to the GOP attacking, I have zero faith. I expect them to curl up into a ball. Oh sure, the Tea Party contingency will speak stridently, but the "leadership" will remain tempered and try as hard as possible not to make a serious ripple... because that might draw criticism from the Left and the MFM (BIRM).
Posted by: AnonymousDrivel at January 10, 2014 12:11 PM (eHIJJ)
-
Which is caused by Republican hatred.
Posted by: WalrusRex at January 10, 2014 12:12 PM (XUKZU)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 12:12 PM (PYAXX)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 12:12 PM (IXrOn)
Posted by: [/i][/b][/u][/s] Tami at January 10, 2014 12:13 PM (bCEmE)
===
Which political party benefits from unemployment?
Posted by: looking closely at January 10, 2014 12:13 PM (6Q9g2)
Posted by: Dr Spank at January 10, 2014 12:13 PM (P1WNR)
Posted by: seems legit at January 10, 2014 12:13 PM (A98Xu)
-
I don't know about Chirpy Parrot but Harry Reid has.
Posted by: WalrusRex at January 10, 2014 12:13 PM (XUKZU)
Posted by: bonhomme[/i][/b][/i][/b][/s][/s] at January 10, 2014 12:13 PM (45N4D)
Which is caused by Republican hatred.
And yet here in my "red county" all my snow is melting.
Guess I'm not hating hard enough.
Posted by: HR at January 10, 2014 12:13 PM (ZKzrr)
Posted by: thunderb at January 10, 2014 12:14 PM (jRvom)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 12:14 PM (PYAXX)
.....on the back nine! That 16th hole on the course at Andrews AFB is a doozy, I tell ya.
Posted by: Barack the Magnificent at January 10, 2014 12:14 PM (POpqt)
I keep thinking of the animals in Orwell's book, 'Animal Farm', and on the heels of that, old Soviet Union agitprop forever announcing astronomically exceeded production quotas on shoes and grain and whatever else was in desperately short supply.
We know the real unemployment figures have been obscured since President Obama took office. We also know that the inflation rate has been hidden, especially when it comes to grocery prices (smaller weight and portions on about every staple). Everywhere, numbers have been nudged and fudged and buried and hidden outright.
The real story here isn't that governments lie, although our government has had a reputation for openness and honesty with its people since its inception, especially when compared to other governments. The real story here is that the American press has actively colluded with the government to hide the truth in order to protect the current Administration.
A free press willing to speak truth to power. You don't know how much that means until it's gone.
Posted by: troyriser at January 10, 2014 12:15 PM (gNlvW)
Posted by: Lemmiwinks at January 10, 2014 12:15 PM (z+4T3)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 12:15 PM (GaqMa)
Posted by: rightwingva at January 10, 2014 12:15 PM (kCnae)
Posted by: Grand Moff Tarkin at January 10, 2014 12:15 PM (PYAXX)
Censoring criticism of the welfare state.
http://tinyurl.com/orhtoyq
Posted by: torquewrench at January 10, 2014 12:15 PM (gqT4g)
Posted by: IllTemperedCur at January 10, 2014 04:08 PM (TIIx5)
FIFY
Posted by: WOPR at January 10, 2014 12:16 PM (L8r/r)
Posted by: Barack Obama at January 10, 2014 12:16 PM (mETGQ)
Posted by: maddogg at January 10, 2014 12:16 PM (xWW96)
Posted by: Daybrother at January 10, 2014 12:17 PM (80+IY)
Posted by: Mac at January 10, 2014 12:17 PM (0J18b)
Posted by: The MSM, Now With 20% More Truthiness at January 10, 2014 12:18 PM (8ZskC)
Posted by: TheQuietMan at January 10, 2014 12:18 PM (1Jaio)
Posted by: Affirmative Action Jackson droppin' a bitch slap on the U .S Economy at January 10, 2014 12:18 PM (dvRYt)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 12:18 PM (PYAXX)
Posted by: Lauren at January 10, 2014 12:18 PM (hFL/3)
This will create factory jobs building burger-making robots to replace employees at the new self-serve fast food resaurants.
Posted by: irright at January 10, 2014 12:18 PM (pMGkg)
Posted by: troyriser at January 10, 2014 04:15 PM (gNlvW)
Yes food price inflation is being hidden. Freaking wings average almost a $1.00 a wing now. That cannot stand!!
Posted by: polynikes at January 10, 2014 12:18 PM (m2CN7)
If you mean "which one gets more votes" it's the Deems.
If you mean "which one gets to keep their cushy jobs paid for on the backs of the proles" it's both.
===
I meant the first thing.
On the second thing, I'm not sure.
Empirically speaking, most incumbents (of either party) have significant structural advantage and tend to get re-elected most times, regardless of external factors like the economy. High unemployment "should" lead to lower job security for incumbent politicians (of either party). I guess it remains to be seen to what extent this holds true this coming election cycle.
Posted by: looking closely at January 10, 2014 12:18 PM (6Q9g2)
Posted by: Mama AJ at January 10, 2014 12:18 PM (SUKHu)
Posted by: U6 Unemployment Figure at January 10, 2014 12:18 PM (UhXzR)
Posted by: maddogg at January 10, 2014 12:18 PM (xWW96)
And an income tax refund is though by some to be $$ from the government. That's what with-holding does for them.
Posted by: Procrustes Autocratus Rex at January 10, 2014 12:19 PM (1/4XQ)
>>>>Well, there's always Global Total Thermonuclear War.
That's like the Broken Window Fallacy, right?
Posted by: Bigby's Squeegee Hands at January 10, 2014 12:19 PM (3ZtZW)
Posted by: The Fuse on the Employer Mandate Bomb at January 10, 2014 12:19 PM (8ZskC)
Posted by: Flatbush Joe at January 10, 2014 12:19 PM (ZPrif)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 12:19 PM (IXrOn)
Posted by: thunderb at January 10, 2014 04:11 PM (jRvom)
Barry: That's divot. Dammit!! Another one
Posted by: TheQuietMan at January 10, 2014 12:19 PM (1Jaio)
Posted by: rickb223 at January 10, 2014 12:19 PM (CRyse)
Posted by: appalachia dude at January 10, 2014 12:20 PM (m2CN7)
Posted by: Bigby's Squeegee Hands at January 10, 2014 12:20 PM (3ZtZW)
That blue line is gonna fall until:
1. 2014 elections
or
2. Amnesty passes
or
3. Both.
Note that it has nothing to do with unemployment. Almost all govt economic numbers are now manipulated.
Posted by: Guy Mohawk at January 10, 2014 12:20 PM (n0DEs)
Posted by: Flatbush Joe at January 10, 2014 12:20 PM (ZPrif)
Posted by: bonhomme[/i][/b][/i][/b][/s][/s] at January 10, 2014 12:20 PM (45N4D)
Yeah, saw this scroll by on the chyron thingy during this morning's local news: Polar Vortex costs 5 Billion!
Since when do we calculate the price of Winter?
I mean, it's not like we can opt out of it to save money.
Posted by: Barack the Magnificent at January 10, 2014 12:21 PM (POpqt)
Posted by: U6 Unemployment Figure at January 10, 2014 12:21 PM (UhXzR)
Posted by: Cicero (@cicero) at January 10, 2014 12:21 PM (8ZskC)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 12:21 PM (GaqMa)
Posted by: Dr Kermet Gosnell at January 10, 2014 12:21 PM (FcR7P)
Posted by: elaine at January 10, 2014 12:21 PM (GNZ0/)
Posted by: Brass Bancroft at January 10, 2014 12:21 PM (TjI1n)
Posted by: chuckinseattle at January 10, 2014 12:21 PM (w/ZL5)
Self-serve fast food restaurants will be Obama's legacy.
To paraphrase The One himself: We are the ones waiting on us.
Posted by: irright at January 10, 2014 12:22 PM (8GKDa)
Posted by: rickb223 at January 10, 2014 12:22 PM (CRyse)
Posted by: bonhomme[/i][/b][/i][/b][/s][/s] at January 10, 2014 12:22 PM (45N4D)
Posted by: Bigby's Squeegee Hands at January 10, 2014 12:22 PM (3ZtZW)
Posted by: Lemmiwinks at January 10, 2014 12:22 PM (z+4T3)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 12:23 PM (GaqMa)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 12:23 PM (PYAXX)
Posted by: U3 Unemployment Figure at January 10, 2014 12:23 PM (UhXzR)
We can then proceed with our experiment into whether a great economy can sustain itself when its citizens' economic activity is confined to selling each other massages.
Posted by: Cicero (@cicero) at January 10, 2014 12:23 PM (8ZskC)
What STEM field are you in, generally speaking?
Posted by: Country Singer at January 10, 2014 12:24 PM (L8r/r)
Posted by: Mac at January 10, 2014 12:24 PM (0J18b)
Posted by: mpfs, San Diego Charger Fishstick at January 10, 2014 12:25 PM (agBXF)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 12:25 PM (GaqMa)
>>>Also- learn programming. Developers who are also trained in Sciency fields tend to do Very Well for themselves, monetarily speaking.
Like developing healthcare insurance pro ... wait, you're not in Canada? Nevermind.
Posted by: Bigby's Squeegee Hands at January 10, 2014 12:25 PM (3ZtZW)
Posted by: Nasty Pelosi at January 10, 2014 12:25 PM (mETGQ)
Posted by: Flatbush Joe at January 10, 2014 12:25 PM (ZPrif)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 12:26 PM (GaqMa)
Everything old is new again.
http://is.gd/BSZjT1
FORWARD!
Posted by: HR at January 10, 2014 12:26 PM (ZKzrr)
I mean, no matter what happens to wages, the bottom will always be zero (not counting all the stuff given to unemployed - benefits, tax refunds, etc.).
So unless they create a cap on the highest wages there will always be a disparity that Obama and others can use to whine about "inequality" and the need for "justice" to fix it. What am I missing?
Posted by: Lizzy at January 10, 2014 12:27 PM (POpqt)
Posted by: bonhomme[/i][/b][/i][/b][/s][/s] at January 10, 2014 12:27 PM (A0glY)
Well, there's always Global Total Thermonuclear War.
Posted by: IllTemperedCur at January 10, 2014 04:08 PM (TIIx5)
FIFY
Posted by: WOPR at January 10, 2014 04:16 PM (L8r/r)
Y'know, I originally was thinking that exact same joke, typed it out like that until I remembered that Europe hasn't done the nuke thing yet.
But the total war thing is right up Europe's alley.
Posted by: IllTemperedCur at January 10, 2014 12:27 PM (TIIx5)
On Special Report the woman from Fortune made an excellent turn of phrase when she said Obama doesn't care about employment, he cares about enrollment.
Posted by: neunundzwanzieg at January 10, 2014 12:27 PM (Kxz3Y)
Posted by: Vortex Lovera at January 10, 2014 12:28 PM (wtvvX)
Posted by: Schwalbe: The Me-262© at January 10, 2014 12:28 PM (9Bdcz)
Posted by: Barry Obama at January 10, 2014 12:28 PM (oFCZn)
Posted by: YIKES! at January 10, 2014 12:29 PM (mETGQ)
==
Healthcare jobs aren't "magic", employers there respond to incentives the same as any other industry. With dollars being squeezed ever tighter, and tremendous disincentive to hire full time employees, layoffs and hiring of part-timers for jobs that used to be staffed by full timers are the expected results. . .same as every other industry.
I work in healthcare, and my company has had to fire full time employees, add work to the remaining ones (without concomitant pay increases) and cut benefits. We're all still grateful to have jobs and work, but nobody is particularly "happy" right now.
Posted by: looking closely at January 10, 2014 12:29 PM (6Q9g2)
Posted by: Adam Smith's Invisible Pimp Hand at January 10, 2014 12:29 PM (WdbF7)
Posted by: John Maynard Keynes at January 10, 2014 12:31 PM (UhXzR)
Posted by: Iosif Vissarionvich at January 10, 2014 12:31 PM (iCjkG)
Posted by: TheQuietMan at January 10, 2014 12:31 PM (1Jaio)
Posted by: YIKES! at January 10, 2014 12:32 PM (mETGQ)
Posted by: Adam Smith's Invisible Pimp Hand at January 10, 2014 12:32 PM (WdbF7)
Posted by: Vortex Lovera at January 10, 2014 12:32 PM (wtvvX)
Maybe we just need to wait for the secret-Canadian-aliens to provide us with the technology we need to fix the economy.
Posted by: Joffen, fucking sunshine patriot at January 10, 2014 12:35 PM (UjSt7)
That will be the cause of the lousy January job report. Because Strong Headwinds.
Posted by: George Orwell at January 10, 2014 12:35 PM (Vv4Go)
Posted by: mpfs, San Diego Charger Fishstick at January 10, 2014 12:36 PM (agBXF)
Posted by: Vox Magna at January 10, 2014 12:36 PM (q177U)
Did you know that half of people have below-average intelligence?
The entire concept of "income inequality" is intellectually flawed. Of course the ultimate "income equality" would be everyone earning zero, but until every single working person earns EXACTLY the same amount of money, there will always be "income inequality".
Its like defining "poverty" by percentile earnings, instead of actual material wealth. That's why in this country we have the paradoxical situation of the "poor" with their own cell phones, cars, flat screen TVs and more per-capital square foot living space than the richer denizens of other developed countries. Not to say there isn't actual poverty in the USA, but if you believe this article, the POOREST 10% of Americans live better than the RICHEST 10% of Russians and Mexicans (to name a few), let alone the majority of human beings on the planet:
http://tinyurl.com/nxyt3sc
Posted by: looking closely at January 10, 2014 12:37 PM (PwGfd)
The 2013 average (per 50 above) was +17k per month. That's a -net- loss of 23,000 for December from the average.
Unless you back off farther and use the 2012 average of +27k per month.
That would be a net loss of -33,000.
Ouch.
Not 10%, but that's 4%.
Posted by: Al at January 10, 2014 12:39 PM (9ynpo)
Posted by: Kirk's Gorn at January 10, 2014 12:40 PM (/EkKm)
Posted by: Vox Magnus at January 10, 2014 12:41 PM (q177U)
Posted by: The Agenda at January 10, 2014 12:42 PM (7lF3o)
Did a variety of skilled trades including running the Island's water and sewer plants. Met my first late wife who owned a half a dozen stores here. Once she noticed I had a head for business I became her informal partner.
After she died I became embroiled in 7, $7,000,000 lawsuits with her relatives. They collapsed in 1985 or '86- due to a letter her brother had sent her, basically destroying their cases.
Her estate- which she bragged right before death was "worth $5,000,000? Turned into about $200,000 actual money. Long gone.
In the interim I re-married then re-buried another wife. Did construction work off and on. Spent the nineties running wrecker and welding services until I realized "Hell, I am getting to old to do this anymore...."
But? I am getting by. Barely. That will have to do, for now.
Posted by: backhoe at January 10, 2014 12:42 PM (ULH4o)
You're right. The "boom" is over and demand for nurses is way down now.
There are still jobs out there, but where as every hospital used to always be hiring, now they're harder to find, and particularly so in "desirable" geographic areas near large cities that most people want to live in.
Posted by: looking closely at January 10, 2014 12:43 PM (6Q9g2)
Posted by: Iosif Vissarionvich at January 10, 2014 12:50 PM (iCjkG)
Posted by: Jafo at January 10, 2014 01:38 PM (FIvA6)
Posted by: BlueStateRebel at January 10, 2014 04:00 PM (7ObY1)
Nice cheap shot.
Posted by: [/i]KG at January 10, 2014 01:49 PM (p7BzH)
Posted by: I R A Darth Aggie © at January 10, 2014 01:58 PM (1hM1d)
Posted by: DailyDish at January 10, 2014 02:22 PM (JEzFU)
If it wasn't for our initial prosperity and the extensions of extensions of unemployment, we'd start seeing people on the street selling apples.
Posted by: Wysiwyg Mtwzzyzx at January 10, 2014 02:23 PM (98Feg)
Posted by: MarkD at January 11, 2014 05:46 AM (06gsL)
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Posted by: Truck Monkey at January 10, 2014 11:43 AM (32Ze2)