Unemployment rate drops to 9.4 percent in July

phreakwars

Well-Known Member
Joined
Feb 8, 2005
Unemployment rate drops to 9.4 percent in July - Stocks & economy- msnbc.com

WASHINGTON - Employers throttled back on layoffs in July, cutting just 247,000 jobs, the fewest in a year, and the unemployment rate dipped to 9.4 percent. It was a better than expected showing that offered a strong signal that the recession is finally ending. The Labor Department's report was better than many analysts were expecting. They were forecasting job losses to slow to around 320,000 and the unemployment rate to tick up to 9.6 percent, from 9.5 percent in June.
If laid-off workers who have given up looking for new jobs or have settled for part-time work are included the unemployment rate would have been 16.3 percent.
The government reported last week that the economy shrank at a pace of just 1 percent from April-to-June, the strongest signal yet that the recession may be ending.
AH-HA!! This PROVES without a doubt Obama was lying, he said things would get worse!!

Dammit, I've been taken in by all his damn lying all along. I feel like such a sucker for listening to his fearmongering. :rolleyes:
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Let me know when we get to the 8% Obama promised us as the reason we had to rush through the stimulus bill without a single person reading it.
 
You WANT America to fail don't you? Even with GOOD NEWS you still wanna try knocking it down.
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Bender said:
You WANT America to fail don't you? Even with GOOD NEWS you still wanna try knocking it down.
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lol, seriously you liberals/socialists need to come up with some new tactics.


I will brush off your attempt to dodge my point and say again, Obama promised us 8% unemployment if we rushed through his stimulus bill without anyone reading it. So that is our benchmark for Obama's success. We have gotten worse, not better with everything Obama has done. When we get back to the 8% Obama has promised America, then we will see what America has paid for all of Obama's failings.


Obama took this job and made his promises based on all the information, he knows about stuff nobody else in the world knows about so he is the best informed and made his promises based on his being more informed than anyone else. This is 100% his baby now, he had the power to make any changed he wanted without anyone fighting him and he decided the "free ride" he wanted was this stimulus bill.........
 
He "PROMISED" 8%? When was this? I seem to recall him saying it could reach that number or even higher. I like how you pick and choose what you want to hear. So it goes higher then expected, it's HIS fault, we see a decline... IT'S NOT. You REALLY DO think he is a Messiah don't you? I mean, you say it enough. You obviously expect an INSTANT gratification for the stimulus money used. Yet you complain that only a small percentage of it has actually gotten out there. Oh and your SOOO much smarter then I am, I wanna know how you even remotely expect ANYBODY in the world to pull off that miracle.

Go ahead and stick with your "SOCIALIST" buzz words too. You should be a little more committed to using it and give up any V.A. and GOVERNMENT RAN MILITARY HEALTH CARE you and your son are entitled to. Yes, set a good example for your son whos in the military, teach him about the "BIG BAD SOCIALISM" and tell him to forfeit his Goverment ran military health care. Be sure to forfeit your medicare and social security as well. Start a new trend, show us "LIBERALS" that your not gonna have any part of that socialism. Where in the constitution does it say us taxpayers have to pay for military's health? THAT'S SOCIALISM.
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Obama used the scare tacticts to force the passage of the stimulus bill.


He even had a pretty graph:
View attachment 2474

Right now we have higher unemployment than Obama said we would have had if we did nothing at all.
 

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So why are you evading MY question? Why don't you give up YOUR socialist benefits and have your kid give up his, if you hate socialism so much? Just like you say health insurance for citizens isn't in the constitution, neither is military health care or VA benefits by that same reasoning. Your kid gets paid to serve, he doesn't need that free socialist government run health care either.
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[ame="http://www.youtube.com/watch?v=TRgRz3nSG7o"]YouTube - U.S. Government Stages Fake Coup To Wipe Out National Debt[/ame]
 
Ah man, hilarious. My favorite line in there was when she said "BURNING DOWN THE COUNTRY FOR THE INSURANCE MONEY"

Considering the way those bastards operate, it doesn't sound like a bad idea. :D
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[ame=http://www.youtube.com/watch?v=K4n3rK94r9A&feature=related]YouTube - OBAMA 4oo,ooo lies created or told by stimulus[/ame]
 
Bender said:
Ah man, hilarious. My favorite line in there was when she said "BURNING DOWN THE COUNTRY FOR THE INSURANCE MONEY"

Considering the way those bastards operate, it doesn't sound like a bad idea. :D
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I wonder if that would work in D.C.? We would have to wait until all the politicians are back from their "break", somehow board up all the exits out of town so they can't get out first, though. :D
 
Bender said:
So why are you evading MY question? Why don't you give up YOUR socialist benefits and have your kid give up his, if you hate socialism so much? Just like you say health insurance for citizens isn't in the constitution, neither is military health care or VA benefits by that same reasoning. Your kid gets paid to serve, he doesn't need that free socialist government run health care either.
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I didn't avoid any question, you didn't ask a question. You somehow believe anyone who does not blindly follow Obama like a zombie they somehow do not deserve their earned benefits. I and my son "earn" VA benefits as part of our military service, it is part of our "benefits package".


But, do not think for one second that I am relying on the Government for my retirement. I am 43, there will not be a Social Security program by the time I would be ready to use it anyway, it is bankrupt. Obama should be trying to repair our existing programs instead of just stacking up one bad program on top of another like firewood.
 
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