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RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 12:49:32 PM   
Musicmystery


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quote:

ORIGINAL: Sanity


You are being ridiculous, winterapple. What we need are reasonable taxes and regulations and what we are getting from the Obama administration and his leftist cronies makes doing business in America unreasonably difficult.

This is what, or third "recovery summer" full of bad economic news? Where are the pro growth ideas that don't involve even more smothering debt.

If government spending really meant more growth we had ought to be in economic heaven, not blowing smoke rings

The same can be said for cutting taxes.

Where's the Republican plan? I hear a lot of complaining, but no action details.

(in reply to Sanity)
Profile   Post #: 41
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 12:51:14 PM   
Sanity


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Thats twist-and-spin speak for "We haven't been this deeply in debt since WW II"

And where we are headed by continuing to exponentially add to this monsterous burden of debt is certainly a crisis

quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: Sanity


Considering the debt spiral we are in and the dire eventuality that we are being steered toward,
Just like Greece

Greece, with a $312 billion economy, has a 165% debt to GDP ratio. That's bad.

The U.S., with a $15+ trillion economy, has a 1 to 1 debt to GDP ratio. Not great. Not a crisis. In the 1940s, it was 110% of GDP. We didn't implode.

We DID, however, do sensible things, like raise taxes when we were spending lots of money on wars.



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RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 12:55:17 PM   
Musicmystery


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quote:

ORIGINAL: Sanity


Thats twist-and-spin speak for "We haven't been this deeply in debt since WW II"

And where we are headed by continuing to exponentially add to this monsterous burden of debt is certainly a crisis

quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: Sanity


Considering the debt spiral we are in and the dire eventuality that we are being steered toward,
Just like Greece

Greece, with a $312 billion economy, has a 165% debt to GDP ratio. That's bad.

The U.S., with a $15+ trillion economy, has a 1 to 1 debt to GDP ratio. Not great. Not a crisis. In the 1940s, it was 110% of GDP. We didn't implode.

We DID, however, do sensible things, like raise taxes when we were spending lots of money on wars.



Then I'd love to hear the Republican plan.

So far, they just want to (1) spend money the military doesn't want and (2) cut taxes and further exacerbate the shortfall.

Remember, we were covering this before Bush's and then Obama's tax cuts.

When we spend more money, we have to fund it. Not magically self-funding wars. Insurance mandates, however unpopular, are funding.

(in reply to Sanity)
Profile   Post #: 43
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:00:33 PM   
Sanity


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Think of the economy as a balloon. The government sucks cash out of it while the private sector blows money into it. Now, despite the president asserting that the private sector is doing fine it could stand to keep some more of its own money so it could hire more people

Obviously

The government needs to get out of the way because taking money from our grandchildren and blowing it like there's no tomorrow isn't working

quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: Sanity


You are being ridiculous, winterapple. What we need are reasonable taxes and regulations and what we are getting from the Obama administration and his leftist cronies makes doing business in America unreasonably difficult.

This is what, or third "recovery summer" full of bad economic news? Where are the pro growth ideas that don't involve even more smothering debt.

If government spending really meant more growth we had ought to be in economic heaven, not blowing smoke rings

The same can be said for cutting taxes.

Where's the Republican plan? I hear a lot of complaining, but no action details.



< Message edited by Sanity -- 7/6/2012 1:02:31 PM >


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RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:01:11 PM   
mnottertail


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Republicans controlled both houses:

46-48
81-87
94-06 minus the senate 01-02 when a senator became an independent.

The bulk of our debt is theirs and remains so today, because they control the house today, they got no fucking plan, they are the definition of ineptitude and borrow and spend. 

They got no fucking plan. They got no fact.  They got no ideas.  They got shop-worn already tried debt inducing and job killing ideologies.



< Message edited by mnottertail -- 7/6/2012 1:02:30 PM >


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RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:02:42 PM   
Marini


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Since I have a little time, I will list some of the millions of links available that verify the FACT that Black unemployment is higher than the norms and RISING.
IT IS another fact for Black youths between 16-19, the unemployment rate is about 40%.

Don't let facts get in your way, MM.

Everything is just wonderful.

BLACK Labor Force/US Government

Black Unemployment Rate- 2010-2011 CITY by CITY

African American Unemployment Rate Surging/CNN MONEY

< Message edited by Marini -- 7/6/2012 1:04:35 PM >


_____________________________

As always, To EACH their Own.
"And as we let our own light shine, we unconsciously give other people permission to do the same. "
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NOT a Republican/Moderate and free agent

(in reply to Musicmystery)
Profile   Post #: 46
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:03:31 PM   
Owner59


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From: Dirty Jersey
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Since when is the lunatic fringe concerned about blacks folks?


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RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:04:03 PM   
Moonhead


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quote:

ORIGINAL: Sanity

Think of the economy as a balloon. The government sucks cash out of it while the private sector blows money into it. Now, despite the president asserting that the private sector is doing fine it could stand to keep some more of its own money so it could hire more people

Obviously

Hiring more foreign labour in China will help the American economy how, exactly?

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(in reply to Sanity)
Profile   Post #: 48
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:06:17 PM   
Musicmystery


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quote:

Think of the economy as a balloon. The government sucks cash out of it while the private sector blows money into it. That's Now


Think of the economy as a balloon. The government spends money, taking cash out of it, while the Republicans cut the stream of air flowing into it. That's how we got here. It was working, we cut the inflow, then it didn't work. See how that works? Semantics doesn't make it suddenly structurally sound. You aren't flying.


(in reply to Sanity)
Profile   Post #: 49
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:06:51 PM   
Moonhead


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quote:

ORIGINAL: Owner59

Since when is the lunatic fringe concerned about blacks folks?


Since it provides something else for them to have a go at teh Kenyan over.
Obviously.

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(Simon R Green on the late James Herbert)

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Profile   Post #: 50
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:08:11 PM   
Musicmystery


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Joined: 3/14/2005
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quote:

ORIGINAL: Marini

Since I have a little time, I will list some of the millions of links available that verify the FACT that Black unemployment is higher than the norms and RISING.
IT IS another fact for Black youths between 16-19, the unemployment rate is about 40%.

Don't let facts get in your way, MM.

Everything is just wonderful.

BLACK Labor Force/US Government

Black Unemployment Rate- 2010-2011 CITY by CITY

African American Unemployment Rate Surging/CNN MONEY

Go to hell, Marini. When did I "let facts get in the way"?

You presented opinion. Now you're sharing links. Good girl. Now you're gettin' it.

(in reply to Marini)
Profile   Post #: 51
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:09:17 PM   
Marini


Posts: 3629
Joined: 2/14/2010
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quote:

ORIGINAL: Owner59

Since when is the lunatic fringe concerned about blacks folks?



lol, they certainly ARE not.

Though I have mentioned this time and time again, if a few people wake up to the reality of the SEVERITY of the situation, it is a good thing.

But, I think people on the left and the right, are in denial about Black unemployment, and how serious things are for Black people.


America's Vanishing Middle Class


< Message edited by Marini -- 7/6/2012 1:23:37 PM >


_____________________________

As always, To EACH their Own.
"And as we let our own light shine, we unconsciously give other people permission to do the same. "
Nelson Mandela
Life-long Democrat, not happy at all with Democratic Party.
NOT a Republican/Moderate and free agent

(in reply to Owner59)
Profile   Post #: 52
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:14:34 PM   
tazzygirl


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Joined: 10/12/2007
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quote:

ORIGINAL: Marini

quote:

ORIGINAL: Sanity

...And thats the official unemployment rate.

What do you suppose the numbers would look like if the government still counted those who have quit looking for work

25%? 30%? 35%?


It is rare I agree with you, but I believe the real unemployment rate for Black people is at least 20%-25%, nationally.

I have given up on most around here accepting THAT reality.

On the other hand, I am hardly voting for the party that I hold more responsible for outsourcing millions of jobs overseas.
Nor the party that I think primarily would love to have slave labor in this country, when they can't obtain it in others.





Marini....

No one said it was wonderful... in fact, its deplorable. But to blame this on Obama?

The unemployment rate for blacks rose to 14.4% from 13.6% in May, the Labor Department reported Friday. That's a sharp contrast to the white unemployment rate, which stayed put at 7.4%, and the Hispanic rate, which held at 11%.

This trend is not a new one, as the black unemployment rate has been roughly double that of whites since the government started tracking the figures in 1972.


http://money.cnn.com/2012/07/06/news/economy/black-unemployment-rate/

Is it too high? hell yes.

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(in reply to Marini)
Profile   Post #: 53
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:14:45 PM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
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You keep harping on military spending as if Dems don't spend money on wars, which is absurd

Admittedly though it would. Be great if freeloading welfare states like like Norway and Sweden et al carried more of the defense weight so we could relax some in that regard

But imagine the map of the wold today without American military might

Not just the Koreas and Europe and the South Pacific but Iraq would own Kuwait unless Iran owned it all, or the Soviets did

Its a fantasy that our defense hasn't paid for itself many times over

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Inside Every Liberal Is A Totalitarian Screaming To Get Out

(in reply to Musicmystery)
Profile   Post #: 54
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:19:39 PM   
Moonhead


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Way too high. Sadly (as you say) it's also a constant, and sticking a new fuckwit in the white house never has any impact on it.

_____________________________

I like to think he was eaten by rats, in the dark, during a fog. It's what he would have wanted...
(Simon R Green on the late James Herbert)

(in reply to tazzygirl)
Profile   Post #: 55
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:19:49 PM   
subrob1967


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quote:

ORIGINAL: Musicmystery
Maybe next the Republicans will tell us their plan?

That is, if they finally decided getting one is a good idea.


Didn't you hear, Madame Speaker said it herself, we have to vote for them before we know what their plan is... So vote Republican and find out.

Or stick with the guy who is proud that disability & food stamp claims skyrocketed under his watch.


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Profile   Post #: 56
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:21:58 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline

quote:

ORIGINAL: Sanity


You keep harping on military spending as if Dems don't spend money on wars, which is absurd

Admittedly though it would. Be great if freeloading welfare states like like Norway and Sweden et al carried more of the defense weight so we could relax some in that regard

But imagine the map of the wold today without American military might

Not just the Koreas and Europe and the South Pacific but Iraq would own Kuwait unless Iran owned it all, or the Soviets did

Its a fantasy that our defense hasn't paid for itself many times over

So suddenly we can afford things.

Which is it????

We spend half the world's military budget. We patrol the world--we indeed ARE the world's policemen.

That ain't cheap. Cutting taxes is not the way to pay for it, especially if you're going to increase that spending.

(in reply to Sanity)
Profile   Post #: 57
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:22:02 PM   
mnottertail


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You mean Boener?  He isn't running.  Watch the news.  Learn current events, read the constitution.

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Have they not divided the prey; to every man a damsel or two? Judges 5:30


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Profile   Post #: 58
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:23:17 PM   
Moonhead


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Joined: 9/21/2009
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quote:

ORIGINAL: subrob1967
Didn't you hear, Madame Speaker said it herself, we have to vote for them before we know what their plan is... So vote Republican and find out.

Most of us would rather take the cash than see what's in the box, sweetheart.

_____________________________

I like to think he was eaten by rats, in the dark, during a fog. It's what he would have wanted...
(Simon R Green on the late James Herbert)

(in reply to subrob1967)
Profile   Post #: 59
RE: Unemployment rate for blacks jumps to 14.4% - 7/6/2012 1:23:41 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
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quote:

ORIGINAL: subrob1967


quote:

ORIGINAL: Musicmystery
Maybe next the Republicans will tell us their plan?

That is, if they finally decided getting one is a good idea.


Didn't you hear, Madame Speaker said it herself, we have to vote for them before we know what their plan is... So vote Republican and find out.

Or stick with the guy who is proud that disability & food stamp claims skyrocketed under his watch.


And that's just amazing--you even KNOW there's no plan, but hey! It didn't work before, but maybe it will now!

(in reply to subrob1967)
Profile   Post #: 60
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