Jobs report

#177
#177
McDad said:
I sincerely apologize if I missed something .Gramps, aren't you giving Congress a pat on the back for this exact thing in this thread?
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I am giving the congress cudos for passage of the passage of the workforce Innovation and Opportunity Act. I do not consider myself a republican or democrat. I think there are things DC can do to better American Citizens, imo this act does that. I have zero problem with helping our citizens train for the jobs of today and future. I think this bill does just that.
 
#178
#178
Gramps said:
I am giving the congress cudos for passage of the passage of the workforce Innovation and Opportunity Act. I do not consider myself a republican or democrat. I think there are things DC can do to better American Citizens, imo this act does that. I have zero problem with helping our citizens train for the jobs of today and future. I think this bill does just that.
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I understand your support and your conclusions for deeming the bill appropriate. What confused me was your admonishion regarding Congress in an earlier post.
 
#179
#179
McDad said:
I understand your support and your conclusions for deeming the bill appropriate. What confused me was your admonishion regarding Congress in an earlier post.
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Gotcha... I do admonish Congress regularly. I think overall they are terrible. This bill is one of the very few things they have done that I agree with, therefore I appauld them for passing it.
 
#180
#180
Gramps said:
I am giving the congress cudos for passage of the passage of the workforce Innovation and Opportunity Act. I do not consider myself a republican or democrat. I think there are things DC can do to better American Citizens, imo this act does that. I have zero problem with helping our citizens train for the jobs of today and future. I think this bill does just that.
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That's absolutely fine if you believe that, but the burden of proof is on you. How is this bill going to help? What exactly will it accomplish? I'm not looking for generalities here. Get specific. Let's say I'm voting on it. Why should I? I want solid and irrefutable statistics and numbers.
 
#181
#181
Gramps said:
Gotcha... I do admonish Congress regularly. I think overall they are terrible. This bill is one of the very few things they have done that I agree with, therefore I appauld them for passing it.
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You wrote:"Under Republican control we have expanded government by adding new federal departments, increased taxes, expanded entitlement programs yet they campaign for reelections as being the party of fiscal conservatism and our idiot voters fall in line"

This is interesting to me. Certainly, I share your opinion of Congress. But how is your support of this particular bill radically different from other "idiot voters" who support other bills introduced by fiscal conservatives and "fall in line"? Are you less likely to vote for the representative from your district because they voted for something with which you agreed?
 
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#182
#182
Gannon Goodson said:
That's absolutely fine if you believe that, but the burden of proof is on you. How is this bill going to help? What exactly will it accomplish? I'm not looking for generalities here. Get specific. Let's say I'm voting on it. Why should I? I want solid and irrefutable statistics and numbers.
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Here's how its done GG. We take tax dollars from the employers. We then take these tax dollars, filter it through several agencies, and then let it end up in the control of some bureaucrats. These bureaucrats take what's left over and administer some inefficient government-run inapplicable training program for the unfortunate. Then the unfortunate workers still don't get hired because the money the employers would have used to hire the workers was wasted on this inefficient scheme. Now you see how it works?
 
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#183
#183
Sandvol said:
Here's how its done GG. We take tax dollars from the employers. We then take these tax dollars, filter it through several agencies, and then let it end up in the control of some bureaucrats. These bureaucrats take what's left over and administer some inefficient government-run inapplicable training program for the unfortunate. Then the unfortunate workers still don't get hired because the money the employers would have used to hire the workers was wasted on this inefficient scheme. Now you see how it works?
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Such a brilliant explanation of how this will actually work. Kudos. Seriously. :good!:
 
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#185
#185
Sandvol said:
Here's how its done GG. We take tax dollars from the employers. We then take these tax dollars, filter it through several agencies, and then let it end up in the control of some bureaucrats. These bureaucrats take what's left over and administer some inefficient government-run inapplicable training program for the unfortunate. Then the unfortunate workers still don't get hired because the money the employers would have used to hire the workers was wasted on this inefficient scheme. Now you see how it works?
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I know exactly how it works... and it works pretty much exactly as you described.

slow-clap-gif.gif
 
#187
#187
Reminiscent of the doomsayers here

[youtube]https://www.youtube.com/watch?v=EU9U3ZnAD5E[/youtube]
 
#188
#188
Velo Vol said:
Reminiscent of the doomsayers here

[youtube]https://www.youtube.com/watch?v=EU9U3ZnAD5E[/youtube]
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The interesting thing is watching Santelli get into his usual rant bashing the administration, bailouts, interest rates, debt, and direct and indirect infusion of cash into the markets. He's been saying it for, not surprisingly, ever since Obama got elected. And what a calamity it is due to be at any moment.

And all these people are out there in the TV audience going ""Yeah! You tell 'em!" And they go around telling their friends how awful it all is, how fake the valuations and the rallies have been.

And meanwhile they've all got seven and eight figure portfolios.... in the market.

More right wing zealot do as I say, not as I do. Santelli is simply a world class a-hole, at this point.
 
#189
#189
lawgator1 said:
The interesting thing is watching Santelli get into his usual rant bashing the administration, bailouts, interest rates, debt, and direct and indirect infusion of cash into the markets. He's been saying it for, not surprisingly, ever since Obama got elected. And what a calamity it is due to be at any moment.

And all these people are out there in the TV audience going ""Yeah! You tell 'em!" And they go around telling their friends how awful it all is, how fake the valuations and the rallies have been.

And meanwhile they've all got seven and eight figure portfolios.... in the market.

More right wing zealot do as I say, not as I do. Santelli is simply a world class a-hole, at this point.
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Santelli and Kudlow are the only people on CNBC with any brains. The government is standing in the way, preventing market forces from correcting the economy and markets. The fed stupidly injects cash and more cash and more cash....the banks cant lend it because of Dodd Frank....regular people, small businesses cant get the cash. Where does it go? Dow 17,000.
 
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#190
#190
calamity-

1. a state of deep distress or misery caused by major misfortune or loss


2. a disastrous event marked by great loss and lasting distress and suffering <calamities of nature> <an economic calamity>


Your words LG. That's an apt description of where we are headed.
 
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#191
#191
sandvol said:
calamity-

1. A state of deep distress or misery caused by major misfortune or loss


2. A disastrous event marked by great loss and lasting distress and suffering <calamities of nature> <an economic calamity>

3. A case of chlamydia.


Your words lg. That's an apt description of where we are headed.
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fyp
 
#194
#194
Sandvol said:
calamity-

1. a state of deep distress or misery caused by major misfortune or loss


2. a disastrous event marked by great loss and lasting distress and suffering <calamities of nature> <an economic calamity>


Your words LG. That's an apt description of where we are headed.
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Eventually he'll be right, right? Ha
 
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#196
#196
lawgator1 said:
Eventually there will be a downturn. Whenever that is, regardless of the reason, he'll claim he was right.
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We've been in a downturn,economically speaking his entire time in office. Gasoline has doubled , true unemployment is around 12% energy costs have soared as well as food. We have the lowest labor participation rate since. WW2, yup everything's just rosy.Ras is right..
 
#197
#197
FLVOL69 said:
We've been in a downturn,economically speaking his entire time in office. Gasoline has doubled , true unemployment is around 12% energy costs have soared as well as food. We have the lowest labor participation rate since. WW2, yup everything's just rosy.Ras is right..
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And yet the wealthiest 1% have seen 30 % gains. Why is that do you think? Game is rigged.
 
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#200
#200
lawgator1 said:
And yet the wealthiest 1% have seen 30 % gains. Why is that do you think? Game is rigged.
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I'm not in the 1% by any stretch and had much of my 401k in S&P 500 Index ETF's last year and UPRO which is 3X the daily performance of the S&P. I earned 30% + and better than that in UPRO. Google the returns on VOOG, IVOG, IWS and UPRO for the past year. You might want to understand some math too LG. If someone scrapes and saves their way to $100k, $250K or $500K or even $1M principal over a period of time....even a 10% return is a huge boost to their bottom line. What should they do? Quit saving and quit investing to make you happy?? This "income inequality" BS is nothing more than a precursor to foment an effort to confiscate wealth on a massive scale. Hmmm, where have we heard these same themes and mantras before? :question: Oh yeah, the Bolshevik Revolution that ushered in communism to the Soviet Union, the revolution in Cuba, China, North Korea and on down the line. How has that worked out for those people? Great for the elitist politicians and bureacrats, not so much for ANYONE else. At age 24 with $1000 saved up, I bought my first mutual fund. It's out there for the taking if people want to educate themselves about the markets or hire somone to help them. But ignorance, apathy and false arguments are NOT an excuse to blame others for lack of ambition or inaction to secure your financial future. Damn dude, get a clue.
 
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