Weekly jobless numbers add to optimism
“The number of Americans filing new claims for jobless benefits fell to a 3-1/2-year low last week and factory activity in parts of the Northeast gained speed in December, suggesting a further strengthening of the economic recovery.
While other data on Thursday showed industrial output shrank for the first time in seven months in November, much of the decline came from auto production, which analysts said was held back by temporary supply disruptions.
“It looks like we have just hit a clear patch on the road to recovery, where things are going to speed up a little bit,” said Mark Vitner, a senior economist at Wells Fargo Securities in Charlotte, North Carolina.
According to the Labor Department, initial claims for unemployment last week were 366,000, the lowest since May of 2008, before the economy began its cliffdive. (The number is seasonally adjusted to account for the normal holiday hiring.)
According to the Wall Street Journal:
” … surveys of large and small employers also show improving conditions and sentiment. A survey out Tuesday from ManpowerGroup hit its highest reading since 2008, while a report by the National Federation of Independent Business showed small businesses added workers in November after shedding them for five straight months. Labor Department data reflect a steady increase in job openings while consumer polls suggest people are feeling better about the job market.
“If claims can remain at this level, payroll growth will strengthen markedly within a month or so,” said Ian Shepherdson, chief U.S. economist at High Frequency Economics.
That doesn’t mean that things still aren’t tough. They are. I was in the grocery store yesterday and was struck by a conversation I overheard between a man behind the counter and a customer, a seemingly prosperous older woman. It went like this:
Clerk: “How are you doing today, ma’am?”
Woman: “Oh. I’ve been better. Things have certainly been better.”
Clerk: “Well, I’m sorry to hear that. I always try to look at the bright side, ma’am, so maybe things will improve.”
Woman: “Yeah, well, you have a job. Right?”
Clerk: “Uhh, yes ma’am. I guess I do.”
Woman: “I don’t. And my husband was just laid off too, after working for the company for 30 years. So no, I’m not doing so well.”
The depression and sense of resignation in the woman’s voice told you more than her words did. Those of us with jobs or steady income should keep in mind how lucky we are during this holiday season.
– Jay Bookman
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411 comments Add your comment
Thulsa Doom
December 15th, 2011
10:43 pm
“Because the French sure as hell don’t know how to run an army”
Jm,
I’m calling BS. The French have proved very adept at running an army. They just run theirs in reverse as they retreat.
Jm
December 15th, 2011
10:44 pm
What does he stand for?
Jobs
Jm
December 15th, 2011
10:45 pm
Doom. You and bro…. Always calling BS
getalife
December 15th, 2011
10:45 pm
Social issues.
Yawn.
More discrimination.
For jobs, more tax cuts and no regulations will work this time.
Failed ideology.
Boring debate..
Jm
December 15th, 2011
10:46 pm
No breaks for common either
Common, you need to submit all your paperwork proving your hires
This includes filing their W2, providing them with health benefits etc
They BOTH suck
December 15th, 2011
10:46 pm
TD and Jm
You do know that the French Special Forces have been praised by US commanders numerous times for the efforts in Afganistan…. right?
Not saying Special Forces by any means makes up an entire military; however their efforts are slightly different than people here in the US like to portray.
They BOTH suck
December 15th, 2011
10:47 pm
Everyone
Have a great night
and an even better Friday
Peace
Brosephus
December 15th, 2011
10:48 pm
Doom
That was a nice little essay that would be great if we were discussing start-up or fairly new businesses. When trying to relate your story to established ones, it kinda falls flat. You also fail to account for the cutback in hours and/or staffing if that restaurant isn’t doing well and the fallout that comes with that. Once that death spiral starts up, it’s kinda hard to break out of it using supply side economics. It might not be impossible, but it’s a formidable task. I honestly don’t give a rat’s ass if it’s supply side, kenyesian, voodoo, or muppet economics, I just want government and business both to do what’s right for the country. As long as the country and the people do well, all else will fall into place.
As for Delta being more profitable yet decreasing routes that’s apples and oranges. Their current profitability has nothing to do with future demand which they apparently feel is weak enough to justify route cuts.
http://www.ajc.com/business/delta-air-lines-predicts-1259858.html
“Delta Air Lines Inc. said Wednesday that it expects an $800 million profit this year, and it will be solidly profitable in 2012.
The company said in a filing that it will earn $1.1 billion in 2011 if special items are excluded. Analysts surveyed by FactSet were expecting adjusted net income of $977 million.
Delta had earned $429 million through the first nine months of this year.
Delta CEO Richard Anderson said that airline will be profitable next year even as fuel prices remain higher than historic averages. He was speaking in New York at the company’s annual investor conference.
The Atlanta-based airline is also repeating its prediction that it will cut 2012 flying by 2 to 3 percent.”
What were you saying about apples and oranges??? The CEO’s confident they will be profitable even after factoring in higher than average fuel prices AND flying less. Of course their current profitablity has nothing to do with future demand, but that future profitability surely does…
Welcome to the Occupation
December 15th, 2011
10:48 pm
Jm: “A world without American military power would be a very sad, vicious, cruel, violent, and dangerous place”
I take back what I said. You are a neo-con.
Jm
December 15th, 2011
10:49 pm
Common.
You also need to pay their FICA, unemployment insurance, demonstrate worker safety, demonstrate your 401k plan fairness, comply with all anti discrimination laws, keep track of their time, comply with OSHA, you get the idea
Get to work common
getalife
December 15th, 2011
10:49 pm
jm,
Bain cut jobs.
Fact.
Common Sense isn't very Common
December 15th, 2011
10:49 pm
Newt says life begins at conception, but he had his marriage annulled which makes his children bastids.
What an asshat.
JIM
December 15th, 2011
10:50 pm
Yeah yeah yeah..More people fell off unemployment…Same old same old..President Obama is patient; he is doing the right things. This drop has NOTHING to do w/ any republicans in Congress at all.
Watch the 2012 elections..Obama wins in the biggest landslide since Nixon in ‘72 and 95% of incumbents get thrown out of office.
Jm
December 15th, 2011
10:51 pm
Trotsky
I worry about north Korea, Pakistan, china, and Russia
Peace through strength
Use as a last resort, but don’t be weak
Jm
December 15th, 2011
10:52 pm
Getalife
And he created jobs too
Net he was a job creator
Obama is a job destroyer
Brosephus
December 15th, 2011
10:53 pm
We should start you at 35%
And when you prove you’ve created a whole entire job you can get a break
Which jobs do you want to count? Do you want to count the catering company that’s contracted to provide food for people being held pending their departure from the airport? Seems like they wouldn’t have that contract if I didn’t send people back home. What about the company that makes the admission stamps that I use on a daily basis? There’s the computer manufacturer, the furniture manufacturer, you have TBI, the company that manages the E Concourse, and there’s quite a few other companies that I help create jobs by my constant demand for their products?
If you want me to have a payroll, does the guy treating my lawn count? He’s paid monthly. What about my pest control guy, he’s paid directly by me?
I can play this game all night long…
Jm
December 15th, 2011
10:53 pm
Oh yeah
Iran is a minor source of concern too
Jm
December 15th, 2011
10:54 pm
No bro
Payroll buddy
Where’s your payroll
No break for you until you show your payroll
Do you know what that is?
Its not an invoice
getalife
December 15th, 2011
10:55 pm
Spoken like a true con jm.
Lets stop the lying about voting dem.
We know that is a lie.
Brosephus
December 15th, 2011
10:57 pm
jm
When cops have payrolls, cops go to jail. As long as I have a badge on my chest, you’ll never see me with a payroll.
AmVet - Read my lips. No new con refudiations.
December 15th, 2011
10:59 pm
Foreign policy?
After the deadly Bush/Cheney debacle, the answer is obvious – NEVER trust the lives of America’s children with neo-cons.
Jm, you voted for Obama???
And yet you go batshiite crazy over him every single day of every single week???
Wow, you really are that bumper sticker – You are what you hate.
Thulsa Doom
December 15th, 2011
11:02 pm
Brocephus,
Yes. My example is a microeconomic example. However that example that I speak of also holds true when talking about established businesses expanding and or opening new plants, outlets, etc. The same principles apply.
What I’m talking about is that if you do this in the macro sense there will be increased aggregate demand. There will always be businesses who cut back hours and do poorly on a micro level but individual cases of this have nothing to do with the macro sense of what I speak of.
Of course we will always have the typical boom and bust business cycle of expansion, then a bubble and a pullback or recession that we should just stand back and let things run their course. Govt interference as the Great Depression proves and as Obama has proven only makes things worse.
The only thing John Maynerd Keynes and what we would later call the Milton Friedman school of economists agreed on regarding the great depression is that the Federal Reserve made things worse. Same as today.
getalife
December 15th, 2011
11:02 pm
AmVet,
jm never vote dem.
He is a true con.
Common Sense isn't very Common
December 15th, 2011
11:04 pm
JM – this crappola comes from a guy who moved to Fl. and his wife flies to work weekly.
You have advocated raising Capital Gains Tax to the same level as taxes on wages and eliminating loopholes.
They tax rates were lowered with the intent to create jobs during the previous administration, since that hasn’t occured then proof will be required to further those corporations tax rates. If no proof is forthcoming their rates go up.
Simple solutions for simpleminded people.
So what do you know or feel about e-verify or the H1b visa issue.
getalife
December 15th, 2011
11:05 pm
perry said he is the Tebow candidate.
Tebow is now a political issue for the gop,
Sad.
Mick
December 15th, 2011
11:05 pm
When obama gets re-elected, the funny farm may be jm’s next stop, singapore will refuse him because of the liability….
Thulsa Doom
December 15th, 2011
11:06 pm
35% is too high for starting a new business bro. All those millionaires and people who have money to invest would simply park that cash in tax free munis, real estate perhaps, cash, or send it offshore for a better return. The after tax return just doesn’t make it worth their time to risk their money to either start a new business or expand an old one. The lower the marginal tax rate the better the risk reward for the investor and the more likely they are to engage in risk taking entreprenurial activity.
Jm
December 15th, 2011
11:08 pm
Amvet
Yes
In the primary and general, no less
I do shake my head about it sometimes
Better choice than palin ticket tho
I would like a better option this time
getalife
December 15th, 2011
11:08 pm
jm,
Why don’t you work?
Jm
December 15th, 2011
11:10 pm
Common
Everify is ok by me tho it stinks of big brother
Common Sense isn't very Common
December 15th, 2011
11:11 pm
get – jm works. he gets paid to blog daily.
Seriously, his wife is supporting him by flying from florida weekly.
Thulsa Doom
December 15th, 2011
11:11 pm
Brocephus,
On delta if they are profitable but cutting routes did it ever occur to you that the 2-3% of routes that they are cutting are their unprofitable routes? Or that in some cities rather than having 3 flights a day each at around 25 or 30% capacity that they think they can reduce it to 2 flights a day at near 100% capacity. I’m sure they know their own business better than you or I so I’m just going to say they have their reasons for cutting some flights or routes.
Jm
December 15th, 2011
11:11 pm
Getalife
Why don’t you?
Common Sense isn't very Common
December 15th, 2011
11:12 pm
jm – then you don’t understand that e-verify is a bad system that only works IF the employer is honest.
Jm
December 15th, 2011
11:13 pm
Doom
In lib world nothing ever changes
So you don’t need to shift plane flights or raise the retirement age
And we all go broke in their world
Brosephus
December 15th, 2011
11:14 pm
Doom @ 11:02
I’ll give you extra points for working an Obama dig in that one.
As far as the 35%, I wouldn’t just slap them with it all at once. It would be done gradually to avoid disruption as much as possible. Use a period of 3-5 years to gradually close the loopholes. At the same time, the rates would gradually adjust to reflect their economic impact. By the time you get to the end of that 5 year period, a company that’s being domestically beneficial would be sitting at 15%. Only companies, like GE, that have been able to reduce their liabilities to zero would see an increase. Just call it skin in the game.
Mick
December 15th, 2011
11:17 pm
Rick perry and santorum are about the dorkiest presidential candidates ever. Michele bachmann just comes across as sublimely unqualified. Newt is fun to watch and I have no doubt that obama would clean his clock in a one to one debate. Huntsman should become a democrat and he would have a shot in 2016. Ron paul is the most sincere and truthful man on that stage, he is a great american…
Brosephus
December 15th, 2011
11:18 pm
Doom
My point with using Delta as an example is to show that demand doesn’t automatically equate to profit just as investment doesn’t do the same. I’m a bit more aware of some of the routes they’re cutting and it’s because of the lack of demand and/or multiple flights to the same area. They’re also cutting CRJ’s and replacing them with MD88’s. That gives them more seats to sell while having the potential to drastically lower their fuel per passenger costs. Their profitability is coming from them being more efficient as opposed to anything else.
Mick
December 15th, 2011
11:19 pm
Almost forgot, romney is the repub version of john kerry, without a service record….
Common Sense isn't very Common
December 15th, 2011
11:21 pm
Good night all. I have to get up early and pay taxes so jm can sit on his butt and blog all day.
Be good to each other and pray for the returning trrops and their families.
But extra prayers for those that didn’t return and the ones that returned broken and maimed and their families to have the strength to go forward.
Brosephus
December 15th, 2011
11:22 pm
Be good to each other and pray for the returning trrops and their families.
But extra prayers for those that didn’t return and the ones that returned broken and maimed and their families to have the strength to go forward.
AMEN!!!!
Brosephus
December 15th, 2011
11:23 pm
Time for me to fold myself….
Catch y’all later
Jm
December 15th, 2011
11:26 pm
If you guys like socialism so much, move to Greece
Seriously
Thulsa Doom
December 15th, 2011
11:27 pm
Brocephus,
I see what you are saying and its a nice idea to reward companies for staying here but a lot of companies like mom and pop small businesses have no intention of doing international business anyway. The majority of small businesses don’t use outsourcing anyway if I just think of all the local merchants I do business with.
I still just think 35% is too high for some companies who absolutely have to outsource to remain competitive. As I understand it if Apple made the I-phone completely in the U.S. instead of overseas it would cost $1600. So while I would love to see them compete in the U.S. I don’t think it would be feasible at a 35% rate with no write-offs. And if it were feasible still for them they would be the exception to the rule.
Everyone else- China, everyone would be making our stuff(heck they kinda already do)and there wouldn’t be any American companies employing anybody. Besides Apple still employs a lot of people here- just not the cheap labor that manually puts together the I-phone.
I like your ideas but just not sure that top 35% rate would work for everyone.
Jm
December 15th, 2011
11:28 pm
Jm checking out
Can’t wait to reset the “working for the government” clock Jan 1 through, oh about late July
Thulsa Doom
December 15th, 2011
11:30 pm
Been an interesting conversation. I’m calling it taps though. Ya’ll have a good night.
Thulsa Doom
December 15th, 2011
11:32 pm
Jm,
Greece- A perfect socialist and big gubment example of the bill eventually coming due for the welfare state. Sooner or later the bill has to be paid. We’re 10-20 years behind Greece but we are on that path. No doubt. Doomy out.
Welcome to the Occupation
December 15th, 2011
11:47 pm
Jm: “If you guys like socialism so much, move to Greece”
Socialism? Greece? That all died under a hail of IMF austerity bullets. Haven’t you been reading the papers?
getalife
December 15th, 2011
11:55 pm
That austerity thingie did not work in Europe cons.
Made it worse like you cons want to do.
We have a smart President that said no.
I am going with the smart guy.
President Obama.
Jm
December 15th, 2011
11:57 pm
Trotsky
True enough
Not many safe places for a socialist nowadays
Best to stay here probably
If you luck out, Obama will make the US as socialist as Greece
SayWhat?
December 16th, 2011
12:02 am
JM – Jm Your Post…
December 15th, 2011
6:15 pm
For the jobless
There are better days ahead if government will get out of the way
JM-
The government is why we have jobs shipped over seas and H1B workers. So what do you say to that?
Bluecoat
December 16th, 2011
1:32 am
Vote Newt.Leave Delta’s management to Delta,Vote NewtVote Newt.
pogo
December 16th, 2011
4:36 am
Jobless numbers based upon smoke and mirrors. Just means more people gave up.
The real rate, 11 percent.
Joel Edge
December 16th, 2011
5:08 am
Wait until after the new year before you cheer, Jay.
Mick
December 16th, 2011
6:02 am
usinuk
Couldn’t get back to you yesterday, I was an extra in “rock of ages” the trailer looks mighty awful and lame. The only reason I’ll probably watch the movie is to see if I make into at least one frame…
Normal
December 16th, 2011
6:38 am
Happy Friday, all y’all…
http://news.icanhascheezburger.com/2011/12/15/political-pictures-war-on-christmas-2011-camp-kwanzaa/
Looking for a job?
http://history.icanhascheezburger.com/2011/12/15/funny-pictures-history-door-to-door-cremation/
SteelM
December 16th, 2011
6:40 am
Great news for employment. Bad news for civil liberties.
Military given go-ahead to detain US terrorist suspects without trialCivil rights groups dismayed as Barack Obama abandons commitment to veto new security law contained in defence bill
Normal
December 16th, 2011
6:40 am
Mick,
We have that in common too. I was an extra in the movie “Tora, Tora, Tora”. That was a really cool experience.
Normal
December 16th, 2011
6:44 am
SteelM
December 16th, 2011
6:40 am
I am not sure what I thinkabout that, but I feel, deep in my gut, that we have turned the corner away from a Democratic Republic and into a realm I can’t yet define. I AM scared for my Grand Kids though.
USinUK
December 16th, 2011
6:51 am
Mick – no way!!! Very cool!!!
go see it and let the rest of the class know if you made the cut – and where we can find you. I’ll watch even the worst movies if someone I know is in them (my uncle used to do extra work all the time – and he was in some SERIOUS stinkers! although, he did 1 national Sprint commercial and had a funny bit in Golden Girls)
josef
December 16th, 2011
6:56 am
Y’all want a new thread early?
Hey, NORMAL, what happened tomorrow in history?
Anyway, y’all have a good day, wish me luck on the front lines today…the sheep entrails don’t predict the best…
USinUK
December 16th, 2011
6:56 am
“The real rate, 11 percent.”
even if you want to go by U-6 unemployment, that peaked at 17%, so 11% is still moving in the right direction …
USinUK
December 16th, 2011
6:57 am
have a good one, josef!!!
josef
December 16th, 2011
6:58 am
Steel
Habeas corpus, quo vadis? Sound familiar, Normal…
josef
December 16th, 2011
6:59 am
USinUK
Thanks…
This time I really AM gone…
Normal
December 16th, 2011
7:05 am
Josef,
Grant expels the Jews from his Military District in 1862, right?
Granny Godzilla
December 16th, 2011
7:24 am
Optim-ism
The GOP are afraid of -isms.
They sure can’t handle this one it’s too much like hope.
USinUK
December 16th, 2011
7:27 am
GG – I don’t know … they seem to love SCHISMS …
Mick
December 16th, 2011
7:39 am
usinuk
One thing I can tell you about the experience is that tom cruise was way cool and very humble for the big star that he is. The two scenes that I might be in took 12 hours to film – very boring and repetative. they did about seven takes for those scenes which probably are about a total of a minute or two worth of screen time. Like normal said, it was a very cool experience though…
Granny Godzilla
December 16th, 2011
7:39 am
USinUK
ya’ gotta’ point there.
Mick
December 16th, 2011
7:51 am
Well, RIP christopher hitchens, I’ll miss your arrogant, smug know it all attitude. Very entertaining debater and excellent writer, one less great writer to look forward to reading…
Thulsa Doom
December 16th, 2011
8:04 am
they did about seven takes for those scenes which probably are about a total of a minute or two worth of screen time.- Mick
I’ve heard the same stuff. Had a client that was in a movie and he told me that one on scene that the star- I think it was DeNiro but I can’t remember, and the costar literally practiced one line for a couple hours. It was one of the highlight lines of the movie so they wanted the exact tone, pitch, and exact facial expression and body language for that one scene. Doesn’t surprise me though when you think about the most classic scenes and lines from movies that tend to stick in people’s memories. I can’t even imagine how long it probably took Deniro to perfect his “you looking at me?” routine in taxi driver because that scene took a solid couple of minutes.
Jm
December 16th, 2011
8:05 am
What Mick? You don’t like my writing?
USinUK
December 16th, 2011
8:05 am
“very boring and repetative. they did about seven takes for those scenes which probably are about a total of a minute or two worth of screen time”
makes you appreciate the movie scenes that are really emotional – you have to wonder how many times they had to film them!
stands for decibels
December 16th, 2011
8:07 am
I can’t afford Whole Paychecks on a regular basis.
Nor can I. Also too, their CEO is a Libertarian douchebag.
Jm
December 16th, 2011
8:08 am
Wonder if jay will drop some debate coverage today….
USinUK
December 16th, 2011
8:09 am
Mick for you and dB –
http://www.vanityfair.com/video/2011/12/1329955421001
Mick
December 16th, 2011
8:10 am
jm
I might, if you actually had something to say besides the daily obama hate over and over….
USinUK
December 16th, 2011
8:16 am
Even though Hitchens denies it, I still think he was the model for Peter Fallow in Bonfire of the Vanities
Keep Up the Good Fight!
December 16th, 2011
8:18 am
Newt: I am the father of the Tea Party!
Well if you are choosing your “children” I would go with the internet. But Newt is not as bright as he wants to believe.
Steve - USA
December 16th, 2011
8:21 am
getalife,
You’re right it’s not that complicated, why can’t you figure it out? You really think companies are going to hire people for no reason? Jeez.
USMC
December 16th, 2011
8:24 am
Go easy at the Kraft Services table Mick.
AmVet - Read my lips. No new con refudiations.
December 16th, 2011
8:25 am
Morning all.
What a coincidence!
What Mick? You don’t like my writing?
The very next line in the thread:
“very boring and repetative.
Too funny!
No worries, Jm. we’re all pretty much stuck in our own grooves/ruts…
Thanks for the info stands.
I buy virtually nothing from Whole Paycheck.
Just as is the case with Home Depot and other such syndicates who are run by similar would-be fascists, neo-cons, etc…
godless heathen
December 16th, 2011
8:25 am
I do hope the job situation is improving.
I was in the country SE of Atlanta the other day and passed an older, but well kept home. There was a hand painted sign by the road that read:
Need Work
Anything!
Granny Godzilla
December 16th, 2011
8:31 am
godless heathen
I hope so too what with Romney being unemployed too and all
Keep Up the Good Fight!
December 16th, 2011
8:31 am
Speaking of Whole Foods:
Newt Gingrich says you can use food stamps to get to Hawaii
Righties do seem to use some strange travel agencies. I did not even know Whole Foods had a travel agency
cosby
December 16th, 2011
8:36 am
Wonder waht the true numbers are…another report shows 48% of the american population is at or below the poverty level…Hmmm…just wonder who is putting out numbers…Atlanta housing market is 8% Below waht is was and falling,…Hmm wonder what the true number is….the truth is the american econiomy is not improving but has continued to deteriorate…Time to get the government to quit killing jobs by over regulation and let the market work..Hmm wonder what would happen if the pipe line were to be built…Hmmm… wonder who has totally given up..hmmm wonder who is under employed…one liners from the press with no investigation…typical, just so damn typical
ByteMe
December 16th, 2011
8:37 am
So I have an ethical question…. this is especially for the guys here who are pro-life but against the Obamacare mandate….
If I don’t have medical insurance and have a baby that pops out at 28 weeks — the baby cannot breath, suck, and swallow properly until week 36 — are you going to mandate that I contract with a private business — a doctor or hospital — to care for that baby at my own expense? And how is that different from the mandate to buy insurance from a private company?
williebkind
December 16th, 2011
8:40 am
Just think, this time next year Obama will be packing to leave the White House! Yep times are getting better. I can see Snow White dancing in a green thick forest and the blue birds circling Snow White’s head chirping out a warm and fuzzy feeling notes. Sighh…things are getting better.
williebkind
December 16th, 2011
8:43 am
“If I don’t have medical insurance and have a baby that pops out at 28 weeks”
Lets talk about poor judgement on your part!
barking frog
December 16th, 2011
8:44 am
williebkind,8;40, what color is the sky?
Granny Godzilla
December 16th, 2011
8:46 am
When Moses came down off Mount Sinai carrying the stone tablets, the Chamber of Commerce immediately fired off a press release denouncing the job-killing 10 Commandments
teleprompter, socialist, muslim, regulations kill jobs, wmds,
and the list just keeps growing..
EJ Moosa
December 16th, 2011
8:47 am
When you fully grasp what numbers drive hiring, then you would give up on the seasonally adjusted weekly game of “new unemployment claims”.
For months on end Jay has been reading these tea leaves and saying we were seeing signs of hope.
Profit growth, year over year drives the hiring process. And Jay will not want this news because it does not fit with his “hope”.
One year ago, profits were up more than 40%. Today they are down to single digits…..
Last week Jay blogged about the great retail sales, There was no follow up when the numbers proved to be false.
When you keep hearing of these signs of strength in the economy, ask what they are. Then dig in like I do and see if there is any evidence of this in the numbers.
The more you dig the more you will realize that most of these so called “economists” haven’t a clue.
And too many politicians have been willing to follow their advice without any credible evidence that they really know what they are talking about.
If Georgia’s economy has turned a corner because unemployment fell-despite there being 19,000 FEWER jobs than one year ago- what corner have we turned?
We are better today because we have 19,000 fewer working?
A rational person would say no.
Granny Godzilla
December 16th, 2011
8:51 am
My comment is awaiting moderation.
Wonder why?
Impotent Rage Against the Obama Machine
December 16th, 2011
8:51 am
When I lose, ‘merka wins. Fox says that makes me a patriot.
I need some cryin in your beer music. Its a bad week to be Republican.
Granny Godzilla
December 16th, 2011
8:51 am
I have been released.
Oh to enjoy the full freedom of the blog.
Thanks.
barking frog
December 16th, 2011
8:54 am
Granny Godzilla, are you now a moderate?
Granny Godzilla
December 16th, 2011
8:55 am
Barking
like most folks I am moderate on those things that require being moderate
barking frog
December 16th, 2011
8:57 am
Granny Godzilla, it seems the AJayC thinks you need moderating
a little more.
JT
December 16th, 2011
9:00 am
Jay,
Don’t you know regardless of what you report on the economy there will be idiots who refuse to believe that it’s actually improving?